Phase I
            New Facilities Fund                                                                   $24,000,000
            To build our new 73,000 sq. ft. state-of-the-art research facility

NYS Empire Zone Tax Credits:  Hauptman-Woodward has been awarded an important incentive by New York State as we continue to raise the resources for our new building and recruit new scientists to Western New York. This comes in the form of income tax credits which we are able to pass on to you, our generous donors.  In the simplest of terms, these tax credits are available to individuals and for-profit corporations, basically any entities that pay tax in New York State.  These credits are worth 25% of any gift amount up to $400,000 that are made to support our new building.  This credit is in addition to the standard New York State and federal deductions, but is limited to 50% of your total New York State tax liability.  For more information regarding these tax credits contact Laurie Elliott Krajna at (716) 898-8597. 

Phase II
            Recruitment of new Scientists:                                                $13,300,000
In June 2004 the Hauptman-Woodward Board, Staff and Administration crafted a long range plan.  Pared down to its essentials, the plan identified five initiatives for future success.  The first two initiatives called for the recruitment of new scientists and the identification of a funding mechanism to underwrite the recruitment process.  Our stated goal was to recruit fourteen new scientists. 
In 2005 we successfully recruited three scientists using funds from the John R. Oishei and Margaret L. Wendt Foundations for start-up costs.  Over the next six years we need to recruit the remaining eleven scientists.  The total costs for start-up, which will be spent out over a nine year time-frame, will be $13.3 million. 

Some of the items in a recruitment package are:

• Salary for the new scientist
• Major Equipment needed to pursue specific research
• Daily operating supplies in the lab
• Post-Doc, Graduate and Summer students to work in the lab

An investment in Hauptman-Woodward is not only good for the institute but good for Western New York.  The investment of $13.3M in Hauptman-Woodward has the potential for an effective return of $72M over the 2006-2015 period in economic output for the Buffalo Niagara region.
           
Phase III
             Disease Specific Research Support

• Cancer; breast, prostate, etc.
• Diabetes
• Heart Disease
• Immune System diseases (AIDS)
• Kidney Disease
• Neurodegenerative Diseases (Alzheimer’s)
• Thyroid Disorders

WAYS YOU CAN HELP:

1. Endow a chair in any disease specific area to continually fund the principal scientist, and ensure that work continues in that area.
   $1,000,000
2. Sponsor a Post-Doc or Graduate Student - promoting the education and training of the scientists of the future. $50,000
3. Sponsor a Summer Student - providing an opportunity for a WNY resident to work in a lab during their summer break $5,000