Our FAQs

Foundation Amalgamation Q&As

Announcement of the Upcoming Amalgamation of The Credit Valley Hospital Foundation and Trillium Health Centre Foundation

June 6, 2013

1. Why are the Foundations proposing to amalgamate?
A fully integrated, amalgamated foundation is the best way to help the hospital advance and achieve its strategic mission.

As one Foundation with one voice, we will have a heightened ability to support our hospital on a much broader and more efficient scale, while continuing to address the site-specific needs of the founding hospitals within Trillium Health Partners. This will result in an effective, coordinated implementation and fulfillment of hospital priorities.

Over the past year and a half, the Credit Valley Hospital Foundation and Trillium Health Centre Foundation have been working more closely as we raise vital funds for Trillium Health Partners. An amalgamation is natural evolution of our strong and successful collaboration.

We are in one of the fastest growing communities in Canada – the projected growth is over 21% between 2008 and 2018. The hospital needs our support. We believe that by amalgamating the two organizations, this is the path to most efficiently and effectively meeting the needs of the hospital.

Unifying resources demonstrates our commitment to operational efficiencies and maximizing donor investments. By pooling resources, our operations can more effectively support the highest priority needs of the hospital. At the same time, as always, donors will always be able to direct their support to the area or site most important to them.

2. What will be the name of the amalgamated Foundation?
The name of the amalgamated Foundation will be Trillium Health Partners Foundation.

3. Who will be the new President and CEO?
The amalgamated Foundation will be led by Steve Hoscheit who becomes President and CEO. He will be supported by his senior leadership team of Meaghan Stovel McKnight, Anne Tatoff, Cathy Carter, Nicole Lamont and Pamela Quirk.

4. What are the benefits of the proposed amalgamation?
The fact that this is an amalgamation means that we are coming together as equal partners. The top five benefits of amalgamation are:

  • We join as equal partners, each preserving assets and the legacy of existing donor gifts, namings and endowments.
  • Increased engagement: we can keep our current fundraising momentum for site-specific needs while reaching a broader network of donors and bringing new, transformative projects forward.
  • Increased funds: pooling our resources for broader outreach in our community will significantly impact our ability to maximize revenue and raise more money for the hospital.
  • Increased efficiency; by maximizing operational resources, we increase our ability to effectively fundraise and steward donor investments.
  • Full alignment with the hospital: One Foundation will show support for the unified brand approach the hospital is taking and create clarity of purpose, communication and branding. One Board, One Voice, One Foundation, One Hospital.

5. When will the Foundations be amalgamating?
Pending subsequent approval by government, we plan to be amalgamated July 1, 2013. It is important to understand that the July 1, 2013 amalgamation date is a starting point – it is the beginning of our efforts to effectively align our operations over the next year to best serve the hospital.

6. As a donor, is there an opportunity to have a voice in the integration process?
We rely on the support and engagement of our community. As always, we encourage feedback and welcome ongoing dialogue throughout the integration process as we work together to advance the mission of the hospital while addressing its highest priority fundraising needs. We will continue to reach out to the community in a variety of ways, as well as to hospital staff, physicians, volunteers and other health care stakeholders to ensure positive engagement and open dialogue.

7. What are the costs involved in amalgamating?
We are very fortunate to have very active and enthusiastic volunteers engaged in this process, volunteering their services. This has limited the need to engage outside consultative resources. Every effort has been and will be made to continue to minimize any costs associated with the amalgamation. All costs will be absorbed within our existing budget and in the long term maximized fundraising operations will yield more funds for the hospital.

8. Will the new Foundation have a new Board of Directors? Who will be the Chair?
Once the resolution is passed to amalgamate the two foundations, we will move to one Board of Directors. All directors on both boards have been approached to serve on an amalgamated board with a strong response among our board members to continue to serve on the new Board.

We strongly believe in One Board, One Voice, One Foundation, One Hospital.

9. The foundations that serve Halton Healthcare Services and the foundations that serve UHN, didn’t amalgamate so why do you feel our foundations need to amalgamate?
Every situation is different and due diligence has clearly shown that there is no one-size-fits-all solution.

Independent research and a board-led due diligence process has proven that there is no clear path that determines a successful outcome for Foundations following a hospital merger. Any decision needs to be rooted on what is best for that unique and particular situation.

Following 18 months of extensive due diligence, our recommendation is that our foundations should amalgamate to best advance the strategic direction of the hospital.

As one Foundation with one voice, we will have a heightened ability to support our hospital on a much broader and more efficient scale, while continuing to address the site-specific needs of the founding hospitals within Trillium Health Partners. This will result in an effective, coordinated implementation and fulfillment of hospital priorities.

10. Will the names of the two foundations be preserved?
Upon amalgamation, the foundations will begin operating as Trillium Health Partners Foundation. We will spend the next year integrating operations of the two legacy foundations under one Board and one CEO, and aligning all fundraising activities, marketing, communications, finance and administration in order to best advance the strategic mission of the hospital.

We will also begin developing a new brand identity and brand structure that will make every effort to include the legacy of our two founding foundations just as Trillium Health Partners honoured the legacy of its founding hospitals.

What will always remain is the ability to direct your support to the area of need most important to you, based on the approved hospital funding priorities at any location. Alternatively, you can choose to direct your gift in support of Trillium Health Partners as a whole. We are committed to ensuring that your gifts have maximum impact and are directed according to your request.

With the amalgamation please know as well that all existing namings, current donor agreements and planning giving agreements are also preserved.

11. How will having just one foundation affect 3rd party fundraising events who just want to raise money for one site?
As always, there is every opportunity to designate funds for site-specific or program-specific needs of Trillium Health Partners, based on the approved highest priority needs of the hospital. As Trillium Health Partners Foundation, we will continue to raise money for site-specific needs while also raising the funds needed to advance the mission of Trillium Health Partners as a whole.

12. How long will the amalgamation process take?
An amalgamation must be properly planned, timed and communicated both internally and externally to ensure a smooth transition from separate operational plans, strategy and campaigns to a singular, integrated strategy and campaign. This will help minimize brand confusion, loss of revenue and loss of key employees during the transition period.

The Foundation will spend the next year integrating operations under one Board and one CEO. This will involve developing a new brand identity that honours the legacy of our two founding foundations, as well as integrating and aligning our Fundraising activities, marketing, communications, finance and administration.

13. Give us a practical example of how amalgamation benefits donors?
Unifying resources demonstrates our commitment to operational efficiencies and maximizing donor investments. By pooling resources, more funds can be directed to meet the highest priority needs of the hospital. At the same time, as always, donors will always be able to direct their support to the area or site most important to them.

An amalgamated foundation means the best of both worlds: we retain the ability to direct donor gifts to any site-specific areas of interest yet at the same time have the opportunity to introduce new and exciting pan-hospital initiatives, for example, in the areas of research or our teaching mandate through our academic affiliation.

14. How will things change for donors after the amalgamation?
The biggest change will be an increased opportunity for donors. We retain the ability to direct donor gifts to any site-specific areas of interest yet at the same time have the opportunity to introduce new and exciting pan-hospital initiatives, for example in the areas of research or supporting our teaching madate through our academic affiliation. The other change will be in our name: Trillium Health Partners Foundation.

15. I only want my donations to go to the hospital where I receive my care, which is Credit Valley (the former Trillium Health Centre sites: Mississauga Hospital and Queensway Health Centre). Can donors still give to site-specific programs or needs?
Yes. As always, donors may designate how they want their funds used based on the approved highest priority needs of the hospital. For example, donors can choose to direct their donation to a specific site or to pan-hospital initiatives.

16. What happens to my existing pledge or gift agreement with Credit Valley Hospital/Trillium Health Centre Foundation?
The Foundations’ amalgamation has no affect on current donor agreements. We will continue to work with donors to ensure that all their intentions are honoured.

17. What name will be on my donation tax receipt next year?
Once the resolution for amalgamation is passed and we receive notice of letters patent from the government, the amalgamated Foundation will then begin using the name Trillium Health Partners Foundation. Shortly thereafter, and once we have finalized our brand identity and it is registered, tax receipts will begin being issued under the name Trillium Health Partners Foundation.

 

For the most up-to-date information about Trillium Health Partners and the hospital’s new brand and strategy, please visit www.trilliumhealthpartners.ca.

For any questions relating to Trillium Health Partners Foundation or the Foundation amalgamation, please contact:

Steve Hoscheit
Shared President & CEO, The Credit Valley Hospital Foundation & Trillium Health Centre Foundation
(416) 662-8365
Steve.Hoscheit@trilliumhealthpartners.ca