IC Savings pledges $1 million for new Humber River Regional Hospital

TORONTO, May 3, 2012 /CNW/ - Italian Canadian Savings & Credit Union (IC Savings) has announced a pledge of $1million over the next 10 years towards building the new, state-of-the-art Humber River Regional Hospital under construction at Keele St. and Hwy 401. The Emergency Triage Waiting Area in the new hospital will be named for IC Savings in recognition of this gift.

"This pledge to Humber River Regional Hospital is a reflection of our commitment to our members, neighbourhoods and communities," says Fausto Gaudio, President and CEO of IC Savings. "We set out to create a community financial institution, an organization that could make a real difference, not only in members' lives directly, but in the community at large."

IC Savings has a mandate of community and neighbourhood involvement; in 2011 IC Savings gave approximately 10% of profits in charitable donations in conjunction with the IC Savings Foundation and in sponsorships to community groups.

"We applaud IC Savings for their generosity, for their leadership and for their early commitment to our $225 million campaign," said Jack Kay, Campaign Chairman with the Humber River Regional Hospital Foundation. "This gift is a tremendous demonstration of their belief in our shared vision to bring accessible, world class healthcare to this community.  We feel privileged that Mr Gaudio will continue to champion our cause as a new member of our Campaign Cabinet."

"Our hospital has been enriched beyond measure by the contributions of our Italian-Canadian community over the generations," notes HRRH President & CEO Rueben Devlin. "Today's pledge by IC Savings honours that history, and speaks to their own depth of commitment to continuing that great tradition. We are grateful to Mr. Gaudio and everyone at IC Savings for this amazing show of support for our redevelopment project."

The new hospital will be a place where patients are empowered to participate in all aspects of their care. In partnership with their team of care providers, patients and families will take advantage of the technologies available in North America's first fully digital hospital to enhance the personal interactions that are the basis of great hospital care.

About Italian Canadian Savings & Credit Union
IC Savings (Italian Canadian Savings and Credit Union) is a full-service community credit union based in Toronto and Vaughan. Since beginning operations in 2000, the credit union has grown rapidly to become one of the largest in Ontario with more than $400 million in assets through six locations across the GTA.

For more information visit: www.icsavings.ca

About Humber River Regional Hospital
Humber River Regional Hospital is one of Canada's largest regional acute care hospitals, serving a catchment area of more than 850,000 people in the northwest GTA. The hospital currently operates on three sites with a total of 549 beds, 3,000 staff, approximately 700 physicians and 400 volunteers.

Affiliated with the University of Toronto, the hospital is home to Ontario's first Centre of Excellence for laparoscopic bariatric surgery; Canada's first home nocturnal dialysis program and a major cancer program.

Humber River Regional Hospital is currently building Canada's first fully digital hospital, one that the organization plans to make a technological and environmental showcase. Learn more about Humber River at www.hrrh.ca.

Happie Testa
Marketing and Communications
IC Savings
[email protected]
416-784-9885 ext. 244

Lori D'Amore
Communications and Marketing Officer
Humber River Regional Hospital Foundation
(e) [email protected]
(t) 416-249-8111 ext. 3985