Swedish Announces Official Launch of $100 Million Capital Campaign

Swedish Announces Official Launch of $100 Million Capital Campaign

SEATTLE, Sept. 17, 2010 – The Swedish Foundation today announced the public launch of its $100 million capital campaign to provide the best technologies and the top medical minds among several specialties, including neuroscience, cancer, heart and vascular diseases, orthopedics, women and children, and community health.

The announcement about the Campaign for Swedish, made by Swedish CEO Dr. Rod Hochman, came at a special dinner for health system donors, patients and their families at the Swedish/Cherry Hill Campus on Thursday evening, Sept. 16. 

“Our desire to put excellent healthcare above all else has guided Swedish since the day it was founded,” said Dr. Hochman.  “This Campaign for Swedish will take our centers for excellence and our benchmarks for quality care to an even higher level.”

Founded in 1910 by Swedish immigrant and surgeon Dr. Nils Johanson, Swedish is celebrating 100 years of nonprofit service this year. Today, the organization is the largest health-care system in the Greater Seattle area with a founding mission to improve the health and well-being of each person it serves.

Private donations of $10,000 kept Swedish going for an entire year when the hospital was founded, and charitable contributions are now equally vital to the health of the organization and its community since income from patient services does not cover costs of new technology, training, advanced clinical research and charity care.

“By financially supporting Swedish, donors can help make our organization an even stronger, more innovative institution,” said Don Theophilus, executive director of the Swedish Foundation. “The benefit of having an extraordinary medical center in our own backyard comes in the form of peace of mind for all patients and their families in the region.”

Nearly $65 million toward the $100 million goal has been raised in the 'quiet phase' of the campaign, which began in 2007. The campaign’s goal is to raise money to support Swedish’s major initiatives, including:

• Swedish Cancer Institute — Dedicated to balancing advanced technology with thoughtful, compassionate patient services, donor funds will contribute to programs including the True Family Women’s Cancer Center, where top specialists use their combined expertise and the most advanced technology to help women survive cancer.

• Swedish Neuroscience Institute — Widely considered the premier treatment center for complex brain tumors, funds will support programs including the Ben & Catherine Ivy Center for Advanced Tumor Treatment, featuring the first multidisciplinary treatment and research center in the Pacific Northwest; a new and expanded Neurological Intensive Care Unit; and the Multiple Sclerosis (MS) Wellness Center, designed to support and foster the health and well-being of people with MS.

• Swedish Heart & Vascular Institute — The SHVI provides a full spectrum of heart and vascular services, from prevention to treatment and research. Funds will support programs to establish a comprehensive heart failure center and to support innovative new research projects.

• Swedish Orthopedic Institute — The first dedicated facility of its kind in the Pacific Northwest and one of the largest in the United States offering all orthopedic and spine services under one roof. Funds will be dedicated to research and training at the Institute.

• Community Health Programs — Offering a family medicine clinic with an innovative 'medical home' approach to care; philanthropic funds will also be directed towards the millions of dollars of care provided to those who couldn’t otherwise afford it. In addition, philanthropy will ensure that the Swedish Community Specialty Clinic can provide specialty care for those who are uninsured.

• Women & Children’s Program — Providing care for every stage of life, funds will be dedicated toward a new Women & Children’s Pavilion, Postpartum Follow-up Clinic and a High Risk Maternal & Fetal Comprehensive Care Clinic.  Additionally,  these Women and Children’s Programs will be extended to the new Swedish campuses in Issaquah and Edmonds.

Major multi-million dollar leadership gifts have already been received or pledged to the Campaign for Swedish, including leadership gifts from the Bentley Family Trust, the Ben & Catherine Ivy Foundation, The McDonald & Jonsson Family, The True Family, the John L. Locke Jr. Charitable Trust and The Sabey Family. In addition, Swedish has received 17 gifts of $1 million or more thus far.

More than 65,000 gifts have been received from 38,000 individual, foundation and corporate donors in total, including 25,000 new donors. Swedish-affiliated physicians have donated $7.5 million dollars; employees have given $2 million dollars and board members have donated $12.6 million dollars.

“Charitable gifts are vital to the mission of every non-profit health institution, including Swedish,” continued Dr. Hochman. “The spirit of generosity amongst these private individuals and foundations is not only inspiring and motivating — but also critical to ensuring that our community has access to quality health care.”

In the public phase of the campaign, new gifts will be sought to support the hospital’s mission and initiatives. For more information about the Campaign for Swedish, visit www.swedishfoundation.org.

About Swedish

Established in 1910, Swedish has grown over the last 100 years to become the largest, most comprehensive non-profit health provider in the Greater Seattle area with 8,500 employees, 3,000-physicians and 1,200-volunteers. It is comprised of four hospital campuses – First Hill, Cherry Hill, Ballard and Edmonds – a freestanding emergency department and ambulatory care center in Issaquah, Swedish Visiting Nurse Services, and the Swedish Physician Division – a network of more than 40 primary-care and specialty clinics located throughout the Puget Sound area. In fall 2009, Swedish broke ground on a new medical office building and hospital in the Issaquah Highlands, as well as an emergency department and medical office building in Ballard. More recently, Swedish announced plans to open freestanding emergency department and ambulatory care center facilities in Mill Creek and Redmond. In addition to general medical and surgical care, Swedish is known as a regional referral center, providing specialized treatment in areas such as cardiovascular care, cancer care, neuroscience, orthopedics, high-risk obstetrics, pediatric specialties, organ transplantation and clinical research. For more information, visit www.swedish.org and www.swedish100.org.

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Media Coverage

  • To read a related article posted Sept. 20 on SeattleLocalHealthGuide.com, click here.
  • To read a related article posted Sept. 21 on the Seattle Daily Journal of Commerce Web site, click here.

 

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