Gifts of endowed funds are the ultimate legacy that ensure Northwestern Ontario healthcare needs are met for future generations.
An endowment is a long-term gift to a charity, normally to be held for at least ten years, or in perpetuity, depending on the wishes of the donor establishing the fund. The principal is protected and only the income, or a portion of the income, is expended.
The minimum amount required to establish an endowed fund for the Thunder Bay Regional Health Sciences Foundation is $10,000, and for a named fund, $25,000; however, a gift of any amount can be directed to an existing endowment fund.
Donations to establish an endowment can be made from an outright gift, such as a gift of cash or securities, or as a planned gift, such as a gift in your Will or a gift of life insurance.
An endowment can be set aside for a particular purpose such as research, treatment or a specific need, such as cancer care or cardiac care. You may wish to contribute to an existing endowment fund:
Existing Endowment Funds
Alexandra Paterson Memorial Endowment Fund
Lori & Don Paterson have established the Memorial Fund for our Health Sciences Centre is memory of their beloved daughter, Alexandra. They have chosen to designate this fund to the Pediatrics Unit to provide recreational programs, equipment and toys to assist the children both therapeutically as well as providing them with a pleasant diversion when they are missing family and friends.
This fund is open to others who wish to support this program.
Tony ‘Anthony’ Villeneuve Memorial Endowment Fund
supporting Lung Cancer Research, Patient Care and Education
The Northstar Mercedes-Benz Tony Villeneuve Memorial Auto Rally has raised funds since 2006 to support this Endowment Fund.
The Rally was named after local business man Tony Villeneuve who passed away in 2006 of mesothelioma (cancer caused by asbestos exposure). Tony was an active participant in the event for many years and also had a great community spirit.
His quick smile and love for life was infectious to all those who knew him. One of his favorite saying s was “who has more fun then people?”
To date the Tony Villeneuve Memorial Auto Rally has raised $194,000 for the Endowment.
Thunder Bay Credit Union Endowment Fund
supporting the Maternal/Child area
at the Thunder Bay Regional Health Sciences Centre
Caring for the future at Thunder Bay Regional Health Sciences Centre.
It all adds up to a healthier Northwestern Ontario. Regional Credit Unions are participating in the Mastercard iCare program, donating $1.00 for every $1,000 of member spending.
Funds will provide a long-term source of funding to assist with future equipment purchases and special initiative requirements to help our Centre in meeting the needs of our young patients.
Dr. Douglas Rathbone Scholarship Fund
This Scholarship Fund was established thanks to the generosity of Mrs. Lyla Rathbone, wife of Dr. Rathbone and through memorial gifts made in his honour. Dr. Rathbone was a well-known and respected Physician who is fondly remembered by many in our community and region.
The endowed funds will provide continuing education assistance for laboratory Staff and the Thunder Bay Regional Health Sciences Centre.
The Foundation is very grateful for the generosity of Mrs. Rathbone and the many friends and associated of Dr. Rathbone who contributed to this fund
The Lloyd & Verna Gilbart
Ophthalmology Endowment Fund
Initially created to thank and recognize the skills and dedication of Dr. Chris Francis and Dr. Leland Hurjon, Llyod and Verna Gilbart wanted to thank invest in two outstanding healthcare professionals.
If you would like to make a gift to the endowment fund that will help ensure future funding for equipment to the Lions Vision Care Centre, please contact the Thunder Bay Regional Health Sciences Foundation.
The General Hospital of Port Arthur School of Nursing Alumnae (1909- 1970)
Cardiology Endowment Fund
The Cardiology Endowment was established to create a permanent memory of the School of Nursing and its Graduates. By establishing this continuous source of funding, the Alumnae demonstrate their ongoing commitment to excellence in patient care.
The Foundation would also like to recognize the many volunteer hours given by the Alumnae Executive Committee in planning and coordinating the establishment of the Cardiology Endowment Fund.
The Vince Mirabelli
Paediatric Endowment Fund
The Thunder Bay Regional Health Sciences Foundation is pleased to announce the establishment of the Vince Mirabelli Paediatric Endowment Fund.
The endowment will provide ongoing funds to help care for the precious patient of Maternal and Child services at Thunder Bay Regional Health Sciences Centre.The funds will support a variety of services to mothers, newborns and children, including labour & delivery, neonatal intensive care, paediatrics and child and adolescent mental health.
Nancy Persichino, Director of Maternal and Child Services, says the funds will go a long way to improve care for patients. “It’s a relief to know these funds will always be here,” she says. “We want to provide the best care possible and there is a constant need to replace and upgrade special paediatric equipment.”
The Vince Mirabelli Paediatric Endowment Fund will provide funds in perpetuity providing a legacy of care for children in Northwestern Ontario.