VVMC receives $750,000 grant from Del Webb
Verde Valley Medical Center recently received a $750,000 Foundation grant, the largest in the hospital's history, from the Del E. Webb Foundation, one of Arizona's most well-known and prestigious foundations.
During a hospital press conference, Del E. Webb Foundation President Larry Johnson announced the Foundation had decided to act favorably in response to a grant application submitted by the hospital requesting support of its plan to create a new Pediatrics Unit.
"We are pleased to fully fund the grant application in the amount of $750,000 for this worthy project to enhance the quality of services and facilities available to children and families of the Verde Valley," said Johnson.
VVMC Board Chairman Alan Everett, of Sedona, accepted an oversized ceremonial check from Johnson. He said,
"On behalf of everyone at VVMC, I want to express our deepest thanks and appreciation to the Del E. Webb Foundation Board of Directors for the confidence they have placed in our ability to care for the children of the region. Although the hospital is the conduit for receiving this kind and generous gift, the entire community should realize this is a gift to all of us who call the Verde Valley home. It is we, the residents, who will benefit when our children and grandchildren receive the care they need right here in Cottonwood rather than having to be transported elsewhere."
Matias Sandoval, who chairs VVMC's Development (fundraising) Committee, said the Del Webb Foundation grant, in combination with a $1.3 million estate gift from a Sedona couple last month, are indicative of a new era of philanthropy at the hospital. "The caliber of gifts we have received in recent weeks speaks volumes to the value these donors place on the importance of having access to a high quality, nonprofit community medical center here in our beautiful region of the state. These are the types of gifts that can transform good care to excellent care."
The new Pediatrics Unit will open in spring or summer 2009, and will be known as The Del E. Webb Pediatrics Unit at VVMC.
The Del E. Webb Foundation was incorporated in 1960 with its original headquarters in Phoenix.
After the death of Mr. Webb in 1977, the Foundation grew dramatically, primarily from the infusion of the assets of his estate, which included nearly three million shares of his former construction and development company.
In 1987 the Foundation moved its headquarters to Wickenburg, and its offices to Prescott.