The News-Enterprise — Representatives from the Hardin Memorial Health Foundation reported the group generated nearly $500,000 for the organization in its first year at a board of trustees meeting Tuesday.
The foundation’s biggest ticket item this past year was procuring grants for Hardin Memorial Hospital’s Neonatal Intensive Care Unit, which opened in September.
A total of $452,753 was raised for that project.
Foundation representatives Tracee Troutt and Joe Prather gave board members a rundown of the organization’s costs, grants and sponsorships, saying the foundation is gaining traction, particularly in individual contributions.
The 23-person foundation board was re-established last year, aiming to push philanthropy and resources for the health care organization.
“People from all across central Kentucky understand how important it is to give back and to support the only health-care system solely dedicated to this region,” said Prather, who serves as foundation chairman. “I’ve often said there is nothing more important than quality health care.”
The foundation’s giving groups, which include individual and employee contributions, amounted to $107,702.53 and grants totaled $382,753.
Troutt, HMH’s chief marketing and development officer, said the presentation was part of the foundation’s policy on transparency, and the foundation will have an end-of-year report prepared each year going forward.
She said goals for the next financial year are to continue applying for grants for hospital and health care center upgrades, to increase awareness of the foundation and to begin planned giving programs.
The HMH Board of Trustees praised the foundation for its work in its first year of operation.