The Owen Sound Regional Hospital Foundation’s Caring for Tomorrow Endowment Fund has provided $650,000 for various initiatives and equipment at the Owen Sound hospital.
The foundation announced the fund disbursement for the 2022-23 fiscal year on Wednesday, with the money to be used for improvements throughout the hospital, including new bronchoscopy equipment used by respiratory therapists, new nurse call systems for several departments, new airflow mattresses for in-patient units, a new blanket warmer and televisions for the dialysis unit and more. $13,250 of the disbursement will assist nurses and other clinical staff with continuing education.
“For 2022-23 we identified almost $8.7 million of new equipment and improvements at GBHS hospitals and these are our highest priorities,” GBHS president and CEO Gary Sims said in a news release. “My team and I are so thankful for the tireless work of our foundations and for each and every donor who invests in the future of hospital care.”
Like most investors, the fund experienced investment losses during 2022, but the foundation reinvests what is earned over and above the amount provided to the Hospital each year. This enables the endowment to disburse funds reliably – year after year, it said in the release.
In addition to named and special purpose funds, a large Emerging Needs fund helps meet the hospital’s most urgent needs for medical equipment, the release said.
Contributions towards the total were as follows:
Emerging Needs: $435,000; Named Funds: Jessie Calder, $55,000; Cardiac Trust, $15,000; Peter Di Tursi $14,000; Lois and Donald Dowkes, $13,000; Robert Edgar, $13,000; Merna Litwiller, $12,000; Howey Memorial Fund, $11,000; Catherine Taylor, $9,000; Jean Clugston, $9,000; Large and Cardoso, $8,000; Gordon & Doris Wilkinson, $7,500; Marie and Carl Kellough, $6,000; Tom Williams, $6,000; D.S. Fleming, $5,000; Coulter Family, $4,000; Percy and Kathleen Noble, $ 3,500; Brian Rudrick, $3,000; IPM 2004, $2,500; Rob and June Shouldice, $2,500; Helen Foster, $2,000; Ruth Hindman, $750; Chamberlain Family, $750; Special Purpose Funds: Cancer Services, $9,000; Diagnostic Services, $1,500; Heart Care, $1,500; Rehabilitation, $500.
The Endowment continues to grow each year, with gifts from individuals and families, as well as donations left through estates. In 2022, $214,000 was added to the fund.
With the latest contribution, the endowment has now provided almost $7.5 million to the hospital.
More information on the Caring for Tomorrow Endowment is available at www.oshfoundation.ca or by calling the foundation at 519-372-3925.