Why do Hospitals Need to Seek Donated Funds?
The simple answer is … because money required to acquire new equipment or undertake redevelopment isn’t available directly from the Province like many think it should. The St. Thomas Elgin General Hospital is not at all unique. Just like hundreds of other facilities across Ontario, STEGH must find the money to pay for things that otherwise would not be available unless the residents of Elgin County step forward.
The St. Thomas Elgin General Hospital Foundation is governed by the highest standards of stewardship and was established as a registered charity in 1985 to receive, maintain, and distribute funds raised by personal donations or bequests, special event fundraising and other means. Through the STEGH Foundation, individuals, businesses, service clubs, and community organizations can help to improve the quality of our health care services.
Although the STEGH Foundation does not provide funds to cover any Hospital operating expenses such as salaries, utilities, or program funding, it does seek independent donations to help provide ongoing resources to enable the Hospital to acquire vital medical equipment, undertake renovations, or carry out educational endeavours.
The Foundation issues official income tax receipts and operates under the guidelines of Canada Revenue Agency and has strict guidelines that govern its day-to-day functions. A Board of Directors governs the Foundation with each member representing their community willingly and without remuneration.
Hospitals, through their associated Foundations, must develop strong philanthropic programs to survive. Such a program is vital to help guarantee the level of clinical excellence needed to attract and retain the highest calibre physician and professional health care worker.