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SVH: In the News — Charitable Foundation

Simi Valley Hospital Establishes Charitable Foundation

Effective immediately, the state of California and the Internal Revenue Service have granted permission for Simi Valley Hospital Foundation to begin operations as a 501(C)3 tax-exempt public benefit organization.

“The creation of the Simi Valley Hospital Foundation marks a great day for our hospital as well as our community,” said Margaret Peterson, president and CEO. “The Foundation will assist our plans to renovate and expand our hospital campus, as well as enhance our dialogue with the community.”

George ‘Bucky’ Weeks, Simi Valley Hospital Foundation Executive Director, was responsible for the hospital taking the necessary steps in the application process. Weeks was recently appointed to his new position at Simi Valley Hospital.

The Simi Valley Hospital Foundation will assist with a capital campaign to raise funds for the hospital’s new patient care tower, set for completion by 2004. Pending regulatory approval, the groundbreaking for the new tower could begin as early as this summer.

Weeks explained that his first priority is forming a Foundation board. In seeking potential candidates, Weeks has been familiarizing himself with the hospital, and the surrounding community and its citizens.

“Simi Valley and Moorpark are unique in that each takes an active involvement in their community and charities,” said Weeks. “Getting people involved in our Foundation shouldn’t be a difficult task because we have such a great story to share with them.”

All contributions to the Foundation are tax deductible as allowed by law. Donations will be used for the purpose of helping provide the funding for the new Patient Care Tower, and hospital renovation and expansion

Posted 2-5-02