News Release

Wednesday, June 07, 2006

Contact: George Stinnett, CHKD, (757) 668-7043

Children's Specialty Group Pledges $1-Million In Endowment Funds To CHKD

Gift to help meet $34.5-million Children’s Campaign goal.

HAMPTON ROADS, Va. -- Children’s Specialty Group, PLLC, recently announced a $1-million pledge to help fund endowments at Children’s Hospital of The King’s Daughters. The gift will support two endowments – one establishing a fund for patient care, the other creating the Academic Affairs Fund. Both are part of the hospital’s ongoing Children’s Campaign to raise $34.5 million in capital and endowment funds for critical programs and building projects.

Children’s Specialty Group is a partnership of board-certified pediatric specialists and is the only pediatric multi-specialty practice serving the region. The Group bases its practices at CHKD, and its members also serve as faculty in the CHKD/Eastern Virginia Medical School Department of Pediatrics.

The Group previously contributed $250,000 in 2004 to the CHKD Child Abuse Program endowment.

“We think it is important for all corporate citizens in Hampton Roads to support CHKD,” said Frank W. Singleton Jr., the Group’s chief executive officer. “We have the advantage and good fortune of working closely with CHKD, so we have a front row seat when it comes to seeing the very important role the hospital plays in the health and safety of the region’s children.”

The Group’s president, Dr. Svinder Toor, a pediatric neurologist, agrees.

“As physicians, we appreciate the importance of CHKD in our lives,” Toor said. “And like every family in Hampton Roads, we all hope we never have to enter it with a sick or injured loved one. But inevitably, someone in our lives has been served by CHKD. The hospital is a community jewel. And the Department of Pediatrics brings its own brand of quality to the institution by fostering important pediatric research and medical education for our future pediatricians and specialists.”

CHKD’s vice president of academic affairs, Dr. Donald Lewis, expressed his gratitude for the Group’s benevolence.

“We’re overwhelmed and humbled by the enormous generosity on the part of Children’s Specialty Group physicians,” he said. “Their remarkable donation stands as a living testament to their dedication and commitment to our joint mission. This philanthropic contribution will permit us to embark on new clinical services such as adolescent medicine, new research arenas like antibiotic resistance and new areas of health care advocacy such as childhood obesity, child maltreatment, the plight of the uninsured family and other health care disparities.”

The Group’s $1-million pledge also counts toward CHKD’s efforts to secure an additional $1-million through a Kresge Foundation challenge grant. The hospital qualified for the grant last fall. It also would go to support the Children’s Campaign, a five-year effort to secure endowment support for CHKD’s child abuse and childhood cancer programs, nursing scholarships and patient care, and for capital support for the new outpatient surgery center recently opened in Newport News. The Campaign is in its last year, and more than $32 million has been pledged to date toward the overall goal. The Kresege challenge grant requires CHKD to raise the remaining $2.5 million in cash and pledges before December 31 in order for the Foundation gift to be made.

“We’ve asked our community partners to help us ensure the future of all the important programs that make Children’s Hospital so important to the children of Hampton Roads,” said Beth Duke, CHKD’s senior vice president for community relations. “The philanthropic generosity has been spectacular. And the Children’s Specialty Group gift will help ensure the success of the Children’s Campaign goal and help us secure the additional funds from the Kresge Foundation.”

The months ahead must yield an even greater commitment from the community, Duke noted.

“During the final six months of this effort, gifts from local individuals and businesses toward our endowment fund and capital initiatives are needed to help us demonstrate to the Kresge Foundation their investment in CHKD and our community is well-founded,” she said. “Kresge’s challenge makes each and every gift we receive to the Children’s Campaign between now and the end of this year more important than ever.

Children's Hospital of The King's Daughters is the only facility of its kind in Virginia, serving the medical and surgical needs of children throughout greater Hampton Roads, the Eastern Shore of Virginia and northeastern North Carolina. The not-for-profit hospital was founded in 1961 and provides care to approximately 162,000 children each year as inpatients and outpatients, addressing routine and complex illnesses, injuries and chronic conditions. The CHKD Health System operates primary care pediatric practices, surgical practices, multi-service Health Centers and satellite offices throughout its service region.