On December 1, 1998, the merger of the Saginaw General Hospital Fund, Inc. and the St. Luke's Hospital Foundation became official to recognize Covenant HealthCare Foundation as a subsidiary of Covenant Medical Center. Covenant HealthCare Foundation retained the IRS 501 (c) 3 status of St. Luke's Hospital Foundation which allowed the Covenant HealthCare Foundation to receive charitable gifts and offer donors a tax deduction for their gift(s).
In 1999, the Covenant HealthCare Foundation and a Capital Campaign Steering Committee engaged in a community-wide Capital Campaign to rise $5 MM for Covenant Medical Center. Covenant's Emergency Care Center was the beneficiary of $3 MM of that effort and Women's and Children's Health Services received $2 MM.
A mini-Capital Campaign was undertaken in November of 2003 to obtain $2.47 MM in charitable funds for the Pediatrics/Pediatrics Intensive Care Unit reconfiguration project. In that Campaign, $550K of new funds were given to support the Peds/PICU project.
From 2001 to 2005, the Covenant HealthCare Foundation has contributed $1 MM or more to the Medical Center. The high point thus far has been $2.5 MM transferred in Fiscal Year 2005.
The Purpose of the Covenant HealthCare Foundation
The purpose of the Covenant HealthCare Foundation is to secure individual, private, and community support for the Covenant HealthCare Medical Center and the numerous activities and programs that serve to fulfill the mission of Covenant HealthCare. As changes in government regulations cause reimbursement of health care costs to shrink, it has become increasingly important for the Foundation (like other hospital-based foundations) to find alternative resources that will allow us to continue to provide the high caliber of care the community has come to expect.
The mission of the Covenant HealthCare Foundation is to develop and maintain relationships for charitable contributions to support all activities and programs of Covenant HealthCare. That is, to improve the quality of life for the patient population in the East Central region of Michigan. Covenant HealthCare is proud to be a resource within the health care community and the community-at-large that adheres to standards of excellence in providing patient care, technology, and education. The Foundation is equally proud to help support the excellence.
A volunteer Board of Directors, representing the diversity of the Saginaw County business community, guides the Foundation. The Foundation Board meets quarterly to fund proposals for the Medical Center and to set policy that governs the operation of the Foundation. On a daily basis, the Foundation staff is dedicated to serving our constituents by recognizing gifts received, providing stewardship of such charitable funds, and coordinating fund-raising activities and events.
We extend an invitation to you to make an investment in the future of health care in the East Central Michigan region by making a gift to the Covenant HealthCare Foundation.