Money moves

Foundation donates $15 million to Houston hospital for inflammation program to enhance research and treatment

The Fondren Foundation has given $15 million to Houston Methodist Hospital to create the Fondren Inflammation Collaborative. Courtesy of Methodist Hospital/Facebook

A $15 million gift from the Fondren Foundation is allowing the Houston Methodist Hospital system to create a new entity for wellness.

This donation will enable Houston Methodist to use resources from two existing programs — the Immunology Center and the Food and Health Alliance — to create the Fondren Inflammation Collaborative. The Fondren Foundation expects this program will become a local, regional, and international nexus for the diagnosis and treatment of gastrointestinal and immunological disorders and severe food allergies.

"Patients with these complex conditions often travel from doctor to doctor for years in search of a proper diagnosis and treatment," says Rob Fondren, former chair of The Fondren Foundation, in a release. "Recognizing the challenges faced by these patients and their families, The Fondren Foundation's vision is to close the gap in patient care by building an international destination of hope and relief for people with these complex, often intertwined conditions and their underlying inflammatory triggers. A central hub focused on these debilitating disorders would fill a significant gap in the Texas Medical Center."

Houston Methodist turns 100 this year. The Fondren family has served the hospital throughout its history. Fondren family members have served on the Houston Methodist board as well as councils and task forces.

"Houston Methodist would not be where it is today had it not been for the leadership of the Fondren family," says Marc Boom, Houston Methodist president and CEO, in a release. "There is really no family more unparalleled in the history of Houston Methodist. They have contributed to this institution for essentially 100 consecutive years. It's astonishing and humbling the contributions this family has made generation after generation."

The Fondren Foundation donation to form the Fondren Inflammation Collaborative will pay dividends now and for years to come, according to the release. The donation provides for four endowed chairs, research, education, counseling, and training, which will help the Collaborative achieve its initial goals of finding the link between inflammation and gastrointestinal and immunological health and then running clinical trials with groundbreaking treatments. In the future, the Collaborative will expand its scope to understanding the connection between inflammation and other disease-prone areas of the body.

"We're an organization built on the pillars of success, and we constantly evolve," says Roberta Schwarz, executive vice president, chief innovation officer, in a recent InnovationMap interview. "I can't even tell you where we'll be in a hundred years."

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Building Houston

 
 

Here's your one-stop shop for innovation events in Houston this month. Photo via Getty Images

Houstonians are transitioning into a new summer month, and the city's business community is mixing in networking and conference events with family vacations and time off. Here's a rundown of what all to throw on your calendar for July when it comes to innovation-related events.

This article will be updated as more business and tech events are announced.

July 10 — Have a Nice Day Market at the Ion

Stop by for a one-of-a-kind vendor market - #HaveANiceDayHTX - taking place at the Ion, Houston's newest urban district and collaborative space that is designed to provide the city a place where entrepreneurial, corporate, and academic communities can come together. Free to attend and free parking onsite.

Have a Nice Day is a creative collective with a goal of celebrating BIPOC makers, creators, and causes.

The event is Sunday, July 10, 4 to 8 pm, at The Ion. Click here to register.

July 12 — One Houston Together Webinar Series

In the first installment of the Partnership's One Houston Together webinar series, we will discuss supplier diversity an often underutilized resource for business. What is it and why is it important? How can supplier diversity have long-term impact on your business, help strengthen your supply chain, and make a positive community impact?

The event is Tuesday, July 12, noon to 1 pm, online. Click here to register.

July 14 — Investor Speaker Series: Both Sides of the Coin

In the next installment of Greentown Labs' Investor Speaker Series, sit down with two Greentown founders and their investors as they talk about their experiences working together before, during, and after an equity investment was made in the company. Attendees will get a behind-the-scenes look at one of the most important relationships in a startup’s journey and what best practices both founders and investors can follow to keep things moving smoothly.

The event is Thursday, July 14, 1 to 2:30 pm, online. Click here to register.

July 15 — SBA Funding Fair

Mark Winchester, the Deputy District Director for the Houston District Office of the U.S. Small Business Administration, will give a short intro of the programs the mentors will discuss. There will be three government guaranteed loan mentors and two to three mentors co-mentoring with remote SBIR experts.

The event is Friday, July 15, 10:30 am to 1 pm, at The Cannon - West Houston. Click here to register.

July 16 — Bots and Bytes: Family STEAM Day

Join the Ion for a hands-on learning experience to learn about tech and robotics and gain insight into the professional skills and concepts needed to excel in a robotics or tech career. This event will be tailored for 9-14-year-olds for a fun STEM experience.

The event is Saturday, July 16, 10 am to 1 pm, at The Ion. Click here to register.

July 19 — How to Start a Startup

You have an idea...now what? Before you start looking for funding, it's important to make sure that your idea is both viable and valuable -- if it doesn't have a sound model and a market willing to pay for it, investors won't be interested anyway.

The event is Tuesday, July 19, 5:30 to 7:30 pm, at The Ion. Click here to register.

July 20 — Perfecting Your Pitch

Join the Ion for their series with DeckLaunch and Fresh Tech Solutionz as they discuss the importance and value of your pitch deck when reaching your target audience.

The event is Wednesday, July 20, 5:30 to 6:30 pm, at The Ion. Click here to register.

July 21 — Transition On Tap: Investor Readiness with Vinson & Elkins LLP

Attorneys from Greentown Labs’ Gigawatt Partner Vinson & Elkins LLP, a leading fund- and company-side advisor for clean energy financing, will present an overview of legal considerations in cleantech investing, geared especially toward early-stage companies and investors. The presentation will cover the types of investors and deals in the cleantech space and also provide background on negotiating valuation, term sheets, and preparing for diligence.

The event is Thursday, July 21, 5 to 7 pm, at Greentown Houston. Click here to register.

July 28 — The Cannon Community 2nd Annual Town Hall Event

Partner of The Cannon, Baker Tilly, has played an integral part in the success of Cannon member companies. Join the Cannon community for The Cannon's 5-year anniversary celebration!

The event is Thursday, July 28, 4 to 7 pm, at The Cannon - West Houston. Click here to register.

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