The Trenton Memorial Hospital Foundation held its Annual General Meeting on Wednesday afternoon.
More than 100 people were on hand at the Quinte West Council Chambers, to discuss highlights of the past year, along with major projects ahead.
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Quinte West Council Chambers held a packed house on Wednesday for the Annual General Meeting of the Trenton Memorial Hospital Foundation (Photo: Tim Durkin/ Quinte News)
Board Chair Aleesha Camp and Treasurer Karen Ferrill broke down the financials of 2024-25.
Ferrill says that although total revenue was down $39,000 from 2023-24, that was mainly due to a lower return on investment income. Last year $1,404,000 was collected, while in 2023-24, it was $2,064,000.
Both Camp and Ferrill pointed to an incredible fundraising campaign however, with $2,539,000 raised in 24-25.
That was a large increase of $615,000 year-over-year.
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First VP Darrell Smith (l), Board Chair Aleesha Camp, and Executive Director of the TMH Foundation Lindsay Butcher-Dodds (r) at the AGM (Photo: Tim Durkin/ Quinte News)
Another point of pride is the low overhead cost of the foundation to fundraise.
The report shows that $0.91 of every dollar donated goes to fund priority medical equipment and programs. That was also an improvement from 2023-24.
Ferrill pointed to many hospital foundations that have an overhead of more than triple that of TMHF.
$2,355,000 was allocated to Trenton Memorial Hospital, with funds supporting the Lumeo – Regional Health Information System, and work for the expanded emergency department, along with numerous pieces of medical equipment.
Major fundraisers over the last year include the O’Quinn Kitchen Party, the Tim Hortons Smile Cookie Campaign, the Saturday Night Fever Gala and the John Smylie Golf Classic.
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John Smylie’s daughter-in-law Jessica Smylie (l), son Ian Smylie and daughter Lindsay Gabrielli, accept the first ever Wendy Warner Philanthropy Award from Warner (r) (Photo: Tim Durkin/ Quinte News)
The first ever Wendy Warner Philanthropy Award was also awarded.
Warner was involved with the foundation for 20 years, including many as the executive director.
The first winners were the late John Smylie and the late Phil Panelas.
More than $104,000 was also handed out from the Kay Stafford Community Grant to local groups/charities/organizations, along with several scholarships for local students pursuing post-secondary education in health care, along with more education/training funding for staff.
The Kay Stafford Community Grant does not use donor money given to TMHF, rather investment/growth funds from the donation made to the foundation by Kay Stafford ($1,200,000 in 1996).
Phil Panelas’s daughter Chrissie Panelas (l) accepts the first ever Wendy Warner Philanthropy Award from Warner (r) (Photo: Tim Durkin/ Quinte News)
