Chair Report

Report from the Chair, Darrell Smith

Good afternoon. First off, I would like to send my sincere appreciation on behalf of the Board of Directors of the Trenton Memorial Hospital Foundation to all the front line staff at Trenton Memorial Hospital for their dedication throughout this unprecedented time. You are all our Shining Stars. To all front line members of QHC at all four hospitals thank you for your dedication and passion for the well-being of the entire Quinte area community. Well outside of the focus of the hospital, the Covid-19 Pandemic has changed the lives of all of us and to all essential workers who have at risk to yourselves, provided us the basic essentials of daily living, thank you so much for your efforts to allow us to maintain some degree of normallacy in our day to day lives.

I would like to thank our donors, our sponsors, and all our partners who have included the Trenton Memorial Hospital Foundation in their philanthropic plans this year. Not only have you helped with our traditional needs for new state–of-the-art technology and medical equipment to enable the hospital staff to diagnose, treat and care for their patients; but this year, you have stepped up to support the hospitals critical needs for Personal Protective Equipment (PPE).

In the past 15 years, the Foundation has raised more than $20 million to support TMH, and the health care needs of the entire Quinte community through direct hospital related needs throughout QHC. None of this could not be accomplished without the generosity of our community. You have ensured that our hospital staff can provide the standard of care our patients deserve. This year your support has provided funding for 67 IV Smart Pumps, an Ultrasound machine, hospital beds, and defibrillator to name a few of the items. All of these pieces will enhance the safety and comfort of our patients. Thank you.

Last year, I mentioned that our Finance committee was evaluating our investment advisors, and so now I can let you know we retained the services of Scotiabank and also hired Connor Clark and Lunn to manage a portion of our reserves. While we have faced turbulent times during Covid, we can say that our investments are doing better than the benchmarks. We continue to take our fiscal responsibility very seriously so that we can ensure we have the funds available to us in emergency times like these but also for future developments at TMH.

Unfortunately, we are unable to celebrate our Kay Stafford recipients this year. This has always been a highlight for us, as its our opportunity to give back to the community that supports us throughout the year. It doesn’t mean we won’t be still providing over $116,000 in financial support to deserving high school and college students or 15 local community groups, we will be. This is in addition to the thousands of dollars provided to TMH staff for continuing education.

To my fellow board members, the auxiliary, our volunteers and our partners at Quinte Health Care, thank you for all that you do throughout the year in support of our hospital and our Foundation staff. You too are Shining Stars of health care in our community, and you are truly making a difference in the lives of everyone who needs our hospital, it has never been more evident that in the past few months.

To our extraordinary donors, our sincere gratitude, your gifts really do make a difference in the lives of so many people in our community and it greatly appreciated.
Gratefully,

Respectfully;

Darrell Smith

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