Jackson Laboratory Names James W. Osterholt V.P. for Advancement, Development & Public Affairs
| Date: February 2, 2004 |
Bar Harbor, Maine - Following a nationwide search, James W. Osterholt of Pacific Palisades, Calif., has been selected as The Jackson Laboratory's vice president for advancement, development and institutional relations, a new title at the 75-year-old genetics research institution.
Donald A. Stern, Esq., chairman of the Laboratory's Board of Governing Trustees, described Osterholt as "one of the nation's leading development executives, with outstanding credentials in fundraising for nonprofit organizations."
Osterholt will oversee the Laboratory's external relations efforts and direct institutional fundraising, including an $85 million capital campaign. Jackson Laboratory Director Rick Woychik, Ph.D., noted that the new position was created in part to address the increased fundraising needs that have accompanied the Laboratory's dramatic growth in recent years. "I believe Jim will help us forge vital partnerships with government, industry, private philanthropy and our sister research institutions in Maine and nationally," Woychik said.
Osterholt was at the University of California, Los Angeles, for 21 years, ending as associate vice chancellor for development, and having created UCLA's first comprehensive campaign that exceeded its goal of $300 million. UCLA today has a budget in excess of $3 billion and raises more than $250 million annually.
More recently, he was the top development officer at the Rand Corporation, where he instituted a $100 million campaign, the first comprehensive fundraising program for the nation's largest public policy research organization. He comes to The Jackson Laboratory from the Milken Institute of Santa Monica, Calif., having served as that independent think-tank's first vice president for development.
Osterholt was educated at Stanford University, Columbia University and Union Theological Seminary, where he also worked as a fundraiser early in his career.
"I am honored to have the opportunity to join a world-class organization like The Jackson Laboratory," Osterholt said. "I look forward to making a contribution to its continued success." He said he and his wife Debbie are excited about moving from the southern coast of California to the northern coast of Maine: "The fact that the Laboratory is located in such a wonderful locale is a bonus for us."
On August 16, The Jackson Laboratory began the public phase of its 5-year capital campaign, of which $48 million is already pledged or in hand. When the campaign is complete, $60 million will support construction of new buildings, and the remaining $25 million will help increase endowment funding for long-term initiatives and continue to provide funding for new investigators and other ongoing programs.
In the past 10 years, The Jackson Laboratory's staff has more than doubled to 1,300 and its budget has grown from $37 million to $127 million. The Laboratory's 37 research groups study every major human disease and develop new biomedical technologies and information systems.
The Jackson Laboratory also distributes genetically defined laboratory mice from more than 2,700 varieties to biomedical research laboratories all over the world, and is the home of the Mouse Genome Database and other publicly available information resources. The Laboratory's courses, conference and education and training programs draw more than 2,000 students and established scientists each year to Bar Harbor.
Contact(s): Joyce Peterson or Jade Harmer, 207-288-6051
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Media Relations, Communications Office
The Jackson Laboratory
600 Main Street
Bar Harbor, Maine 04609-1500
Phone: 207-288-6051
Fax: 207-288-6076
Email: news@jax.org