Monday, January 22, 2007
Contact: George Stinnett, CHKD, (757) 668-7043 or George.Stinnett@chkd.org
Five-year Children’s Campaign Effort Exceeds $34.5-Million Goal
Kresge Foundation to Award Additional $1-Million
HAMPTON ROADS, Va.—Children’s Hospital of The King’s Daughters announced today it had exceeded it’s goal of raising $34.5 million in capital and endowment funds for important programs and building projects during it five-year Children’s Campaign effort which ended December 31. The campaign represented only the third capital campaign in CHKD’s history and the first major gifts initiative to raise endowed funds.
As a result of raising a total of $34.9 million by the end of the year, the hospital will receive $1 million from The Kresge Foundation of Troy, Mich., the amount of a challenge grant awarded by the foundation in September 2005.
The campaign began in January 2002 and was initiated to secure endowment support for CHKD’s child abuse and childhood cancer programs, nursing scholarships and general patient care, and for capital support for the new outpatient surgery center in Newport News. With more than $29 million raised toward the campaign goal by September 2005, the Kresge challenge grant required CHKD to raise the remaining $5.4 million in cash and pledges by the December 31 deadline in order for the foundation gift to be made.
“Philanthropic support from all areas of the community made this ambitious goal a reality,” said Jim Dahling, CHKD president and CEO. “And the mere idea that CHKD could qualify for a $1-million challenge grant propelled giving in a way that we had not previously seen. The last 15 months of fundraising have been among the most aggressive, challenging and affirming in our hospital’s history.”
During the campaign, more than 1,200 individual endowment or capital giving donations or pledges were made – from individual donors, community associations, civic groups, fraternal organizations and corporations. Among the major gifts pledged were:
- $3 million from the Farm Fresh Charitable Foundation.
- $1.5 million from the Norfolk City Union of The King’s Daughters, the hospital’s founding organization.
- $1.25 million from Children’s Specialty Group, PLLC, a partnership of board-certified pediatric specialists based at CHKD.
- $1 million from the Noland Memorial Foundation of Newport News.
- $896,000 in individual gifts by physicians who are members of the CHKD professional staff.
“The Children’s Campaign was successful because it functioned as a wonderful team effort,” said Beth Duke, CHKD senior vice president for community relations. “Our governing and advisory boards, the volunteer campaign committee and most importantly the community all rallied around the hospital to reach the goals of the campaign and in the time dictated.
“And after Kresge positioned itself as a partner in our efforts, our community partners were increasingly inspired to help us ensure the future of all the critical programs that make CHKD so important to the children of Hampton Roads. And their philanthropic generosity was spectacular.”
While the Children’s Campaign goal has been met, CHKD’s fundraising is far from over, Duke noted.
“CHKD is already launching a new initiative to secure funds for a Health and Surgery Center in Virginia Beach, laying the groundwork with the Commonwealth to operate a mobile magnetic resonance imaging (MRI) system between the two Health and Surgery Centers (Newport News and Virginia Beach) and continuing to raise endowment funds,” Duke said. “The success of the Children’s Campaign and the Kresge challenge has positioned us well to maintain the momentum.”
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 last year handled approximately 6,100 inpatient admissions and 200,000 outpatient specialty, surgical and emergency room visits, 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.