LOS ANGELES--(BUSINESS WIRE)--Children’s Hospital Los Angeles has received a generous commitment of $5 million from Credit Unions for Kids that will go toward the hospital’s Helping Hands Fund, which ensures all patients receive the critical, lifesaving care they need.
The extraordinary donation is emblematic of CHLA’s longstanding relationship with Credit Unions for Kids and the shared mission of creating hope and building healthier futures for children. In appreciation for their generosity, the organization will receive special recognition on the Champions for Children donor wall in the Marion and John E. Anderson Pavilion and will have the Helping Hands Fund renamed to “The Helping Hands Fund, supported in part, by Credit Unions for Kids” for the duration of the five-year sponsorship period.
“Credit Unions for Kids has been a friend to Children’s Hospital Los Angeles since 1996, and we are immensely grateful for their support and generosity,” says Paul S. Viviano, president and chief executive officer of Children’s Hospital Los Angeles. “This donation will have a substantial impact on our patients as we continue to provide life-giving and life-saving care for society’s most vulnerable children.”
Credit Unions for Kids is a nonprofit collaboration of credit unions, member-owned financial cooperatives that provide financial products and services, engaged in fundraising activities to benefit Children’s Miracle Network Hospitals, an alliance of 170 children’s hospitals across North America. The organization has 250,000 employees and 100 million members and includes such regional credit unions as Kinecta Federal Credit Union based in Manhattan Beach, Wescom Credit Union based in Pasadena, Xceed Financial Credit Union based in El Segundo, and Financial Partners Credit Union based in Downey. Credit Unions for Kids has donated more than $1.2 million to CHLA and partnered with the hospital’s 2015 Live L.A. Give L.A. fundraising campaign, donating $530,000 as a dollar-for-dollar challenge match grant to the Los Angeles community.
“We cannot think of a better way to give back to the local community than to strengthen the children who will shape tomorrow,” says Keith Sultemeier, president and chief executive officer of Kinecta Federal Credit Union. “We are thrilled to be lending a helping hand to the patients of Children’s Hospital Los Angeles, which continues to provide the highest quality healthcare for children from Los Angeles and beyond.”
About Children’s Hospital Los Angeles
Children’s Hospital Los Angeles is a nonprofit pediatric health care organization dedicated to creating hope and building healthier futures for children. Honored as the premier children’s hospital in California and among the top 10 in the nation, we treat 111,000 young patients annually from Los Angeles and around the world. As a pediatric charity of choice, the hospital relies on the generosity of the community to support its groundbreaking pediatric research and the complex care it provides for critically ill and injured children.
About Credit Unions for Kids
Credit unions, fundraising under the Credit Unions for Kids™ brand, have partnered with Children’s Miracle Network Hospitals since 1996 and in that time have generated over $150 million in contributions. Today, individual credit unions across the United States collaborate with credit union chapters, leagues and business partners to raise much-needed funds to benefit CMN Hospitals. Fundraising campaigns range from change drives, Miracle Jeans Day and holiday icon campaigns to golf tournaments, runs, walks and wine auctions. In 2015, credit unions ranked third among corporate partners in annual giving behind only Wal-Mart and Costco. The funds raised by the credit union community help support new facilities, equipment acquisition, research programs, patient services, charitable care and health education programs benefitting 10 million children annually.