Aside from each other and family, Drs. Art and Carolyn Asbury are committed to three things: neurology, philanthropy and Penn. Their devotion to Penn and to the Department of Neurology, along with their philanthropic interests and savvy, led them to design a gift that earmarks the bulk of their residual TIAA-CREF plans for the establishment of the Asbury Professorship in Neurology.
The Asburys have long understood both the unfavorable tax consequences of leaving such assets to non-charitable beneficiaries and the good use that those assets can be put to by Penn Medicine. The intent of their gift is to help further growth and progress at Penn by enabling neurologists to spend more time teaching and conducting research free of the financial pressures common to academic medicine. “If all efforts must be directed toward generating revenue from patient care,” Art says, “then the other two missions of the School — research and education — will atrophy, and we never want to see that happen.”
Penn Medicine Office of Planned Giving
Christine S. Ewan, J.D.
Executive Director, Planned Giving
3535 Market Street, Suite 750
Philadelphia, PA 19104-3309
215-898-9486 | Fax: 215-573-2186