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Saturday, May 28, 2022

Providence St. Joseph Hospital Receives $53M Donation

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Providence St. Joseph Hospital in Orange has received a record-setting $53 million estate gift from an Orange County couple who have requested to remain anonymous.The gift, the second-largest in Providence history and the largest in Southern California history, will create an endowment fund to support the greatest needs of Providence St. Joseph Hospital for years to come.

The gift is a direct result of the care that the donors received at Providence St. Joseph Hospital, according to a statement from the hospital. The donors were also inspired by the service and sacrifice of Providence St. Joseph caregivers and physicians throughout the COVID-19 pandemic.

“We hope that this investment in the future of St. Joseph Hospital will be a significant source of inspiration and pride and reinforces the value our community sees in the lifesaving care provided at our hospital each and every day,” Jeremy Zoch, chief executive of Providence St. Joseph Hospital, said in the statement.

St. Joseph Hospital, a 463-bed non-profit Catholic hospital, is one of 52 hospitals within the Providence health system, the third largest not-for-profit health system in the United States.

Peter J. Brennan
Peter J. Brennan
Peter J. Brennan has been a journalist for 40 years. He spent a decade in Latin America covering wars, narcotic traffickers, earthquakes, and business. His resume includes 15 years at Bloomberg News where his headlines and articles sometimes moved the market caps of companies he covered by hundreds of millions of dollars. His articles have been published worldwide, including the New York Times and the Washington Post; he's appeared on CNN, CBC, BBC, and Bloomberg TV. He was awarded a Kiplinger Fellowship at The Ohio State University.

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