The ESTATE OF WILLIAM V. PITTS is a true testament to not only the power of philanthropy but the power that a planned gift has in helping to transform an organization such as Johns Hopkins All Children’s Hospital. Johns Hopkins All Children’s was a contingent beneficiary for this estate and in 2019 the contingencies were met and the gift was able to benefit Johns Hopkins All Children’s. The unrestricted gift was placed under the guidance of the Johns Hopkins All Children’s Foundation, which determined the most impactful and enduring way to honor the donation was to align it with an endowed chair, as both serve as lasting legacies. The estate of William V. Pitts, in partnership with Johns Hopkins All Children’s Foundation, established the William V. Pitts Endowed Chair in the Heart Institute. The creation of an endowed chair has the potential to change the future of pediatric medicine and serve as a renewable resource for physicians who are leaders in their respective fields.
The excellence of Johns Hopkins All Children’s Hospital is impacted by endowed chairs and professorships – these positions empower us to attract and retain the finest faculty and academic leaders and support their work as teachers, scholars, researchers, and clinicians in perpetuity. The Foundation primarily raises and stewards charitable donations, making this partnership significant as it marks the second time in Johns Hopkins All Children’s Foundation’s history that it has directly invested in an endowed position.
The legacy of William V. Pitts will continue through the innovative work facilitated through this endowed position.