Even
before the Rady family’s $60 million donation to the hospital and its name
change to Rady Children’s Hospital-San Diego, the Radys have kept close to
their heart the cause of children’s healthcare. They continue to support the
interests of the hospital and its contribution to the San Diego community. Harry
Rady sits as Chairman of Investment Committee, while his
wife Mojgan Rady actively serves on the Rady Children’s Hospital Auxiliary.
The
hospital is an important institution in California, heralded as the state’s
largest children’s hospital with the pediatric care facility holding 449 beds
and providing the largest source of comprehensive pediatric medical services in
at least three counties. It is the only hospital in San Diego dedicated to
pediatric healthcare and is the area’s only designated pediatric trauma center.
The hospital is multi-awarded and its various departments have been recognized
in their respective concentrations as among the best in the country.
The
$60 million from the Radys served to provide improvements and necessities as
well as boost morale and spur momentum. However, considering the needs of the
hospital in relation to the work it does and the services it provides, it is
ideal to have a constant flow of funds to support its programs. Various
fundraising activities and investment ventures are regularly undertaken for this
purpose. Harry Rady and his family have made sure to contribute in many ways
not limited to financing.
There
have been many exciting fundraising events including the annual Celebration of
Champions, specifically intended for the participation and support of Rady
Children’s cancer patients, survivors, and their families. There’s also the
annual Charity Ball, which has contributed over $10 million to support the
hospital’s different departments and their programs. Golf tournaments, all-star
baseball games, walks, luncheons, banquets… the efforts are certainly tireless
with volunteers recognizing the difference that they are making. Recently,
there was sensation generated by the donation of rare coins worth over $1,700
from a regular but anonymous donor at the Kids NewsDay. The mystery donor is
known for dropping off generous but unusual donations before disappearing off
in his truck.
Financial
need is ever present at the hospital, but thanks to the people involved, Rady
Children’s Hospital-San Diego’s financial profile is manifesting strength with
strategic growth initiatives and efficient expense management in place. It will
happily continue to do good for many more generations to come.
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