Gift is Largest Donation Ever Made to the Hospital by a Corporate Foundation; Continues Disney's Commitment to Brightening the Lives of Children When They Need it Most
LOS ANGELES, Oct 30, 2006 (BUSINESS WIRE) -- The Walt Disney Company President and CEO Robert A. Iger today presented to the Childrens Hospital Los Angeles a $5 million donation from The Walt Disney Company Foundation. The funds will go toward the construction of the new hospital building, slated to open in 2009, enabling the hospital to further provide the best care for seriously ill and injured children. The gift, presented to Los Angeles Mayor Antonio R. Villaraigosa and Childrens Hospital Los Angeles President and CEO Richard D. Cordova, is the largest donation ever made to Childrens Hospital Los Angeles by a corporate foundation.
"For all Disney does to brighten the lives of children around the world, helping to better the condition of seriously ill and injured kids is of considerable importance to us, especially here in our hometown of Los Angeles," said Iger. "All of us at Disney hope that this donation for the new inpatient building will help Childrens Hospital Los Angeles further enhance its already outstanding reputation for providing the best possible care to those in need."