Hospitals

Ohio State Medical Center hires new fund-raising leader

Ohio State University Medical Center has hired a former business development leader from University Hospitals Health System of Cleveland to head up its philanthropic fundraising campaigns. William Mountcastle comes to OSU as the medical center is in the midst of its massive ProjectONE, a $1 billion building project to expand education, research and care. The […]

Ohio State University Medical Center has hired a former business development leader from University Hospitals Health System of Cleveland to head up its philanthropic fundraising campaigns.

William Mountcastle comes to OSU as the medical center is in the midst of its massive ProjectONE, a $1 billion building project to expand education, research and care. The project is expected to have an annual economic impact of $1.7 billion by 2015 and create 10,000 jobs, according to OSU.

Mountcastle, who’s scheduled to start at OSU on May 17 and hold the title of associate vice president for development, was the lead fundraiser for UH’s Ireland Cancer Center, according to a statement from OSU.

OSU has set a $75 million goal for philanthropic funding to back the $1 billion ProjectONE expansion, Columbus Business First reported.

In 2004, Mountcastle’s first year at UH, he helped raise $35 million in philanthropic funding, double the previous year. In 2005, that number hit a recording-setting $102 million, according to the statement.

Losing a top-notch fundraiser like Mountcastle could be a blow to UH. A UH spokeswoman didn’t return a call, so it’s not clear if the health system has any plans for Mountcastle’s replacement.

Prior to UH, Mountcastle held fund-raising jobs at the Great Lakes Science Center, Cleveland Central Catholic High School and the Cleveland Clinic, according to a 2007 profile in Crain’s Cleveland Business. While at the Clinic, Mountcastle helped pull together $254 million to build the Taussig Cancer Center, Lerner Research Institute and Cole Eye Institute.

“I feel pretty damn good about the fact that, if I raise money, one less brother, sister, cousin suffers” from diseases, he told Crain’s. “That, to me, is the reward. I really do see firsthand the results of my work.”

OSU’s addition of Mountcastle comes on the heels of another key fundraising hire by a major Ohio health institution. Earlier this month, the Cleveland Clinic said it hired a top fundraiser from the University of Pennsylvania Medical Center. Armando L. Chardiet will become the Clinic’s institutional relations and development chairman, and executive director of its $1.25 billion fundraising campaign on July 1.