Thursday, 10 October 2013 14:10
The St. Francis Memorial Hospital Foundation has created an endowment fund as a new option for donors.
The endowment is designed to only use the interest earned on the principle to support the hospital.
The foundation is putting in $100,000 to jump start the endowment courtesy of recent gifts to the foundation from the estates of Lester Toelle, Clifford and Mildred Ramsbacher and Lorraine Glissman.
“We were very blessed with recent donations,” said Ron Briggs, CEO of the hospital and foundation secretary. “We are very humbled when people think of us during our annual appeal and in their estates.”