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SMHF campaign receives huge boost from BMO Financial donation

October 14, 2021   ·   0 Comments

The Stevenson Memorial Hospital Foundation received a major contribution to its “Because of you.. we can!” campaign when BMO Financial donated $430,000 in support of the campaign to redevelop the hospital.

The $43 million campaign is the most ambitious initiative the Foundation has ever undertaken, and when they reach the final goal, the funds will redevelop and transform the hospital to a more modern facility and help them service a growing population.

The funds will purchase essential equipment, upgrade leading-edge technology, and complete the critical renovations essential for the transformative redevelopment.

The current hospital was built in 1964 to served 7,000 people each year in the emergency department. Currently, the ER receives close to 40,000 visitors annually.

This most recent donation from BMO brings the financial group’s total to nearly $500,000 as they have contributed in past years to the hospital’s most urgent needs.

“BMO is truly a leader in our community, and their long-time support is a testament to their dedication to building a healthy, vibrant community for residents of New Tecumseth, and surround areas,” said Jody Levac, President and CEO of SMH. “As loyal donors, BMO understands the importance of quality health care close to home, and we are so thankful for their investment in Stevenson Memorial Hospital.”

Wendy Cooke, Regional Vice-President for personal banking for BMO, made the cheque presentation to the hospital on Wednesday, October 6, at a well-attended gathering on the hospital grounds.

“We are pleased to support the hospital’s campaign to upgrade equipment and expand its capabilities to meet the growing needs of the South Simcoe region,” Ms. Cooke said. “BMO’s purpose is to boldly grow the good in business and in life, and we recognize the importance of strong health care facilities in ensuring the well-being of our customers, employees and communities. The bank is always donating to different charities, but this was really in our own backyard and we really wanted to support it.”

As part of the donation process, Ms. Cooke toured the hospital to learn more about what is needed for the redevelopment.

“I was really impressed when I toured the hospital,” Ms. Cooke said. “You quite often think of the larger hospitals in the region, but because of its location in such a growing community, there’s a real need in this area. There is the need, and they (the hospital) reached out to us. It was two nurses who did a demonstration for me with this new technology that they were getting – and they were so passionate about it – it really lit my fire to want to support this hospital.”

Mary Thomas, CEO of the Stevenson Memorial Hospital Foundation, said this donation is a huge contribution to the Foundation’s fundraising effort.

“We’ve had an on-going relationship with BMO, they’re very generous,” Ms. Thomas explained. “They’ve given to the Foundation over the years. BMO is interested in health care in local communities and they know how important it is. They want to support health care so people have what they need in local communities.”

The Because of you… we can! campaign has raised over $25 million toward the campaign.

That is around 60 per cent of the $43 million goal.

By Brian Lockhart
Local Journalism Initiative Reporter


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