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Saddleback Memorial Foundation | Ways to Give - Endownment Gifts | Saddleback Memorial Medical Center | Laguna Hills & San Clemente
Saddleback Memorial Medical Center - Laguna Hills & San Clemente Saddleback Memorial Foundation
Ways to Give Endowment Gifts
  Saddleback Memorial Foundation has established several endowments, including the Saddleback Endowment, an unrestricted endowment providing the flexibility to fund various needs of the medical center as they arise. An endowment fund is a permanent fund established by a donor of the Foundation, where the principal is never spent. The endowment principal earns interest income, and each year that interest income is what is spent by the Foundation for the purposes designated by the fund and agreed to by the donor(s).

Most of our country’s oldest colleges and universities have had such funds for many years. Just as colleges and universities could not survive today without the financial stability provided by endowments, medical centers are becoming increasingly dependent on endowments to maintain excellence in their patient care.

In addition to the unrestricted Saddleback Endowment, Saddleback Memorial Foundation has endowments designed to support:

  • employee scholarships
  • medical library
  • cancer
  • heart
  • home
  • hospice
  • orthopedics
  • rehabilitation
  • women’s
  • emergency care

For more information about endowment gifts, please contact:

Michael J. Occhipinti, C.F.P.
Vice President of Gift and Estate Planning
Phone: (949) 452-7230
Email: MOcchipinti@memorialcare.org

 
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MemorialCare Health System is a not-for-profit integrated-delivery system which includes Long Beach Memorial Medical Center, Miller Children’s Hospital Long Beach, Orange Coast Memorial Medical Center and Saddleback Memorial Medical Center in Laguna Hills and San Clemente. Our community-based hospitals are located in Southern California in both Los Angeles County and Orange County. Copyright © 1999 - 2009, Memorial Health Services. All rights reserved.