Following a decade of hard work, the La Grange Memorial Hospital Foundation has reached a fundraising milestone.
The foundation has reached a mark of $15 million raised since its re-inception 10 years ago. The money was raised in collaboration with the Community Memorial Foundation.
The two foundations share a history. The hospital’s foundation was dissolved when a for-profit entity, Columbia/HCA, purchased the hospital. The assets from the sale in 1995 helped establish the Community Memorial Foundation. The La Grange Memorial Hospital Foundation was re-established when Adventist Midwest Health purchased the hospital.
When it was reformed, the foundation set a $10 million fundraising goal to support construction of the hospital’s Patient Care Center, said Brett Skeen, executive director with the La Grange Memorial Hospital Foundation. It asked the Community Memorial Foundation to become an investor in the project.
The Community Memorial Foundation offered an outright donation of $5 million to the hospital over five years. It then offered to donate another $5 million if the hospital would match that amount over an additional five years.
The Community Memorial Foundation has been proud to partner with the hospital foundation to strengthen services, said Greg DiDomenico, president and chief executive officer with the Community Memorial Foundation.
“Community Memorial’s $10 million investment in the hospital’s Patient Care Center was an impactful way to strengthen a community asset that aims to improve health at every stage of life,” DiDomenico said. “Creating healthy community environments, empowering our community partners and eliminating health and social disparities are at the core of both of our organizations.”
With this goal reached, the hospital’s foundation is looking forward to its next fundraising projects. These include the Adventist Cancer Institute, which will house cancer services provided by both Adventist La Grange Memorial and Hinsdale hospitals, as well as a proposed renovation of the hospital’s emergency department.