| A
lexicon of giving
Stephen R. Karp has cut a dramatic new shape into Children's
Hospital Boston's skyline. As CEO of New England Development,
a firm that develops and manages commercial real estate, Karp's
commitment to Children's runs as deep as the concrete pilings
that secure his buildings.
Karp expresses his passion for Children's in countless ways.
Earlier this year he was elected chairman of the hospital's
Board of Trustees, and for the previous five years, he founded,
chaired and quietly mentored the hospital's Trust Board of
Trustees. As head of the Cause for Wonder campaign, Karp
oversees a highly successful endeavor that has raised more than
$216 million toward its $250 million goal.
More recently, Karp's magnanimity of time, spirit and resources
took the form of a $15 million gift he made with his wife, Jill,
and children, Douglass and Jana—the most generous gift in
Children's history and one of the largest ever received by
a Boston hospital. The new 12-story research tower takes on a fitting
name: the Karp Family Research Laboratories.
The Karps' generosity enables soaring possibilities, much
like the I-beams that keep his buildings aloft. Highlighting why
he and his family targeted their gift to the hospital, Karp explains,
"Buildings are critical to attracting the best scientists
in the world. Our future, and the future of sick children, depends
on it. The new research tower will lead to scientific breakthroughs
by helping Children's dedicated scientists realize their dreams."
A man who deflects the spotlight and gives credit to others, Karp
adds that the "entire Children's community—the
leadership on the frontlines, the scientists, compassionate caregivers
and staff behind the scenes—is essential to the dream."
Always about the kids
While concentrating support on the hospital's research mission,
Karp is firmly focused on the mission's result. "Space
has been a critical issue for Children's, whose programs are
always growing," he says. "The health needs of inner-city
kids are growing, the needs of kids all over the world are growing.
We want to remain in a position to care for these children, and never
turn them away." Bringing home the point, Karp relays
his experience during a recent tour of the intensive care unit,
where he and his family saw patients with severe heart problems.
"We learned about the extraordinarily complex surgeries these
children undergo, some even while they're still in the womb.
It's only because of research—much of it done at Children's—that
these kids are alive today. Just 10 years ago, they would not have
survived. And it's the research push, the forward thinking
and willingness to take risks that characterizes Children's
scientists, and has created these life-saving medical leaps,"
he says. "To see these kids and hear their stories drives
home the point that the new facility, and the work that goes on
in it, are priorities."
A family affair
Karp became involved in the institution in 1990 when Jill, then
president of the Children's Hospital League and now an Overseer,
suggested he could help the hospital by volunteering his real estate
expertise. In the time since, Karp's contribution to Children's
has gone well beyond real estate savvy. In fact, he and Jill have
broadened their commitment by bringing their children, 29-year-old
Douglass and 26-year-old Jana, into the family's philanthropic
decision-making process. "We've always believed in involving
our children in what's meaningful to us as a family,"
says Jill. "We made the decision about this gift as a family—it's
what we care about."
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