Craig hospital’s capital campaign is going well
With each dollar, a new facility for The Memorial Hospital comes closer to becoming a reality.
Campaigners for the hospital’s foundation want to reach a $1 million goal by Oct. 14, and some businesses and individuals are committed to doing that.
As of Sept. 2, the campaign committee has raised $202,375.
Moffat County National Bank contributed $25,000 toward the effort.
“We want to do what we can,” President Dave Fleming said. “Giving a donation makes it not just a dream but a reality. It’s becoming more obvious to me that a new hospital would positively affect the quality of life in the future.”
Forty-four campaigners are raising money under the drive dubbed, “It’s all about us.”
Large marketing signs on city street corners depict a mountain biker climbing the hospital’s financial hill toward its $1 million goal.
The hospital’s largest contribution to date is $50,000. But a number of other high dollar donations have been forthcoming. Cook Chevrolet, Bank of the West, Severson Supply, First National Bank of the Rockies, the Bank of Colorado, Dr. Larry Kipe and Yampa Valley Electric have each donated more than $20,000.
Every donation helps the hospital toward its goal, said Pam Thompson, community relations director for the hospital.
“People have been very generous,” she said.
Pledges are accepted in any denomination and can be pledged over a five-year period. But immediate donations are more helpful, Thompson said.
Thompson said the first stage of the campaign is focused on trying to snag high dollar amounts. But donations can be pledged in any denomination. Campaigners will focus on fundraising from the general community during the second part of the effort.
TMH officials have happily received notification of a $1 million matching grant from Colorado’s Department of Local Affairs. The funds will go toward hospital infrastructure. Local entities put the construction of a new hospital on the top of its priority list to receive the energy impact grant. Matching dollars for the grant will come from the hospital’s building fund, which has topped $2 million, Thompson said.
Officials plan to request a similar matching grant next year to help pay for materials to construct the building.
Hospital officials also are starting to formulate grant requests that would cover costs of building materials. One such grant is the Governor’s Rural Health Care Initiative to the tune of $455,000. Officials have to wait until the next grant cycle in November to apply for that grant.
Everyone who donates at least $100 will be recognized in some way. The foundation has planned a slate wall at the entrance of the hospital to display inscriptions of contributors’ names. A person or business can name an operating room with a donation of $50,000; other rooms can be named for a $25,000 donation and a $5,000 donation gets your name on a nurses’ station. A $5 million donation buys the right to name the hospital.
Hospital officials haven’t formalized the size and scope of a hospital they will build. An adequately sized 54,000 square-foot fully built facility is estimated at about $25 million. Hospital officials currently will need an additional $21 million to build a facility of that scope, with much of the money coming from a lender.
“If people want to donate they don’t have to wait for us to contact them,” Thompson said. “They can contact us.”
To make a donation, call Pam Thompson at 824-3109 or Sue Lyster at 824-8143.
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