Bill Stone has been pumping money into Evansville’s medical sector to revitalize its downtown and create new jobs. He’s hoping other philanthropists from small cities follow his lead.
its director earlier this year. Now, it’s hiring additional faculty and practicing psychiatrists to work with local young people suffering from bipolar disorder and other psychiatric illnesses.
In Evansville’s case, that means revitalizing the city’s downtown, where the Stone Center is located. “A precursor to finalizing his investment in the medical school was making the decision to locate it downtown,” says Barney.
Stone has also brought jobs to Evansville in his capacity as a businessman. In 2011, SS&C Technologies, which is headquartered in Windsor, Connecticut, opened an office in Evansville that now employs 220 people, including accountants, finance professionals, software engineers, HR managers and marketing teams. About a quarter of these employees moved there from other cities or states, says Stone. Still it’s less than 1% of SS&C’s over 24,000 employees across 100 locations in 40 countries.
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