Atlanta,
06
June
2012
|
06:00 AM
America/New_York

Shepherd Center Announces Major Estate Gift from Manderson Family

Shepherd Center announced today that long-time supporters Lewis and Faye Manderson of Atlanta have committed to continue a lasting legacy of support of the hospital through outright gifts and in their estate plans in the form of significant will bequests. The future gifts will help support patient programs at Shepherd Center, which provides medical treatment, research and rehabilitation for people with spinal cord injury or brain injury from across the nation.

To honor the Mandersons, Shepherd Center commissioned sculptors to create busts of Mr. and Mrs. Manderson, which will be added alongside Shepherd Center’s founders, its medical directors, and donors Jane Woodruff and Home Depot co-founder Bernie Marcus and his wife, Billi.

The sculptures will be unveiled in honor of Mr. and Mrs. Manderson on Friday, June 15. In addition, the Shepherd Center driveway entrance off Peachtree Road will also be named “Manderson Way” in recognition of the Mandersons' estate gifts.

Read the story in Atlanta Business Chronicle

"The extraordinary generosity of Lewis and Faye Manderson will help enable Shepherd to make a positive and lasting impact on the lives of our patients and their loved ones for many years to come," said Ty Tippett, Shepherd Center Foundation's Senior Director of Planned Gifts.

Shepherd Center did not disclose the amount of the gift, citing an agreement it made with the family.

Mr. Manderson is the founder of Creative Displays Inc., one of the largest outdoor advertising companies in the United States. In 1983, Mr. Manderson sold Creative Displays, and went on to serve as president of Manderson and Associates Inc., a private investment company in Atlanta, and founded Cordova Capital Inc., a venture capital fund, and various other businesses.

Mr. Manderson’s professional affiliations included serving as chair of two national organizations, the Outdoor Advertising Association of America and the Institute of Outdoor Advertising. He also served as chair of the Alabama Outdoor Advertising Association. The couple currently resides in Atlanta.

About Shepherd Center

Shepherd Center, located in Atlanta, Georgia, is a private, not-for-profit hospital specializing in medical treatment, research and rehabilitation for people with spinal cord injury, brain injury, multiple sclerosis, spine and chronic pain, and other neuromuscular conditions. Founded in 1975, Shepherd Center is ranked by U.S. News & World Report among the top 10 rehabilitation hospitals in the nation. In its more than four decades, Shepherd Center has grown from a six-bed rehabilitation unit to a world-renowned, 152-bed hospital that treats more than 900 inpatients, 575 day program patients and more than 7,100 outpatients each year.