Newswise — Washington, DC—The Washington, DC Economic Partnership (WDCEP) recognized the Endocrine Society’s economic impact by awarding the organization the 2014 Michael V. Hodge Revenue Bond Deal of the Year Award today.
The Society received the honor for its purchase of a 34,000-square-foot office condominium at 2055 L St., NW. The Society is the world’s largest and most active organization of clinicians who treat and scientists who research hormone health conditions. The deal marked the first time the Society had purchased office space in its nearly 100-year history.
“We have been grateful to have support from District officials as we made this long-term investment in the Society’s future, and the award is a tribute to our collaboration,” said Endocrine Society Chief Executive Officer Barbara Byrd Keenan. “Being based in the District has advanced our role as a leader in the health and science policy sphere. We are pleased to be putting down roots in a location that makes it easy to interact with other notable health care, research and nonprofit organizations.”
The award was presented at the WDCEP’s 2014 annual meeting and development showcase on Tuesday. The event was held at the Walter E. Washington Convention Center.
The Michael V. Hodge Revenue Bond Deal of the Year Award honors the District of Columbia Revenue Bond Program’s best deal of the year. The program helps finance construction projects for nonprofit organizations and corporations. The Endocrine Society is the third organization to receive the honor since the WDCEP established the award in 2012.
The Society relocated its staff of more than 90 to the District from Chevy Chase, MD in February 2014.
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Founded in 1916, the Endocrine Society is the world’s oldest, largest and most active organization devoted to research on hormones and the clinical practice of endocrinology. Today, the Endocrine Society’s membership consists of over 18,000 scientists, physicians, educators, nurses and students in more than 122 countries. Society members represent all basic, applied and clinical interests in endocrinology. The Endocrine Society is based in Washington, DC. To learn more about the Society and the field of endocrinology, visit our site at www.endocrine.org. Follow us on Twitter at https://twitter.com/#!/EndoMedia.
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