Building for the Future
“What does the purchase of a new headquarters building mean?” Then President G. Richard Holt, MD, pondered this question in February 1998, just after the AAFPRS Foundation purchased its own three-story townhouse in the Old Town area of Alexandria, Virginia.
His answer, in part: “It is concrete evidence of the success of the AAFPRS Foundation to assist those of us who practice this special discipline.”
A more pragmatic answer came from Peter A. Adamson, MD, who noted that the building is located in a municipality that offers financial incentives to professional societies that relocate there. “ Our current occupancy costs will be only about half of what our projected leasing costs would have been,” he added.
Purchased with a down-payment from the Founders Club, which will be commemorated in the boardroom, the building is mortgaged for $600,000. To pay off the mortgage and endow a maintenance expense fund of $550,000, the campaign seeks a total of $1.15 million.
Goal – $1.15 million
“We want to be in control of our destiny. The only way to be assured of that is to have our own facilities.”
– Howard W. Smith, MD, DMD
“This building should stand as a tribute to the efforts of our founders and predecessors, and as a reminder and challenge to those of us who have the responsibility, now and in the future, to strive for excellence and ethics in our patient care.”
– G. Richard Holt, MD
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