News Headlines Article

Children’s Hospital Oakland seeks $45 million from Oakland foundation
San Francisco Business Times

Children’s Hospital & Research Center Oakland, which is scrambling to identify funding for Phase 1 of a $500 million rebuild project, has asked Oakland’s Wayne & Gladys Valley Foundation to supply a $45 million grant to help make the rebuild possible. That would be half of the $90 million in outside philanthropy the nonprofit pediatric hospital needs to raise to make the $179 million first phase of the rebuild feasible, officials said in documents obtained by the San Francisco Business Times.