First, a recap of my main source:
The Saint Mary's Foundation, led by Dierks, is expected to collect hundreds of thousands of dollars annually. The total revenue raised each year is not stated; however, with only seven employees, the foundation has been successful in collecting revenue through a variety of mediums. Contributors are individuals, businesses, public and private foundations, and government sources. One hundred percent of the income goes to state-of-the-art medical services, which maintains Saint Mary's reputation as the number one medical provider in Northern Nevada. The foundation's sponsored events are the Hospice Golf Tournament (June), the Guild Clay Shoot (September), and the "celebrities take a bough" Holiday Gala (November).
As I stated in a previous post, contributors come in guest attendance, grants, cash donations, stock and property, planned and estate giving, and endowments. Donors are recognized in one of the following groups:
Society of Philanthropy
Dominican Council: $100,000+
Founders: $50,000+
Leadership: $20,000+
Community of Caring
Patron: $10,000+
Fellow: $5,000+
Partner: $1,000+
Friend: $500+
Supporter: $250+
The west campus expansion of Saint Mary's, which was completed in June 2005, has not yet released its total construction cost; however, similar construction projects will help me budget a complete reconstruction of the existing health center of Saint Mary's.
Stanford's 600-roomed hospital, aimed for completion in 2015, has an estimated cost of $2.5 billion. As it stands now, Saint Mary's Hospital only has 380 rooms; therefore cost should be slightly over half of Stanford's project if I were to build from scratch. I will not be taking down the whole building, but only knocking out walls on the inside.
The construction of El Camino Hospital will be $480 million. This does not include a new cyberknife ($11 million) that will enable doctors to remove tumors noninvasively
The Regional Medical Center of San Jose is building a $47 million patient wing; and the Good Samaritan Hospital is undergoing a clinical lab remodel worth $3 million. Additional technological buys include a $6 million IT system, and a $22 million seismic upgrade purchased by the Community Hospital of Los Gatos; hyperbaric oxygen chambers for wound care ($500,000), and electron electronic medical records (1.5 million) purchased by the O'Connor Hospital.
I want to broaden the hospital rooms of Saint Mary's--either by eliminating some of the existing rooms to create more space, or reconstructing the inside and adding an additional wing to the building. This will be determined by available space and budget. For now, I will sacrifice some of the existing rooms by knocking out walls and creating fewer, yet bigger, hospital rooms. Additionally, the inside of the hospital will be completely modernized. From medical equipment and decorations, to fees for live performers; the cost continues to compound. Judging by the previously done construction projects, I estimate this project to be around $40 million.
Costs will elevate from year to year; therefore, I will make my estimation as accurate as possible. In order to complete this project in five years, it would require an annual fundraising of $8 million. It sounds like a lot of zeros; however, with all of the teams working together, it is a feat that can be accomplished.
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