Northampton – The Kresge Foundation of Troy, Mich. recently announced that it awarded Cooley Dickinson Hospital (CDH) a capital challenge grant of $900,000. The grant will support the hospital’s Caring for the Future campaign for the new patient building and Kittredge Surgery Center, and the grant will be awarded in September 2007 if CDH succeeds in raising $4 million.
While the notice of the grant allocation was received late last month, CDH has not received the $900,000. “The grant has been made on a challenge basis,” said Diane Dukette, executive director of Development, adding that the Kresge Foundation has challenged the hospital to meet its campaign goal of $10.8 million by September 30, 2007.
That challenge, and the $1 million gift from Michael and Lisa Kittredge, have propelled Cooley Dickinson into raising its campaign goal from $8.5 million to $10.8 million, said Dukette, “Kresge seeks to strengthen nonprofit organizations and the communities they serve. As an organization and a community, we are being challenged to raise an additional $4 million to secure the $900,000 challenge grant.”
To date, $7.1 million has been raised in support of the Caring for the Future campaign from hospital physicians and employees, the CDH Auxiliary, local businesses, banks and colleges, and individual donors.