Tuesday, August 07, 2007

Florida Children's Hospital Gets $3 Million Donation

HOLLYWOOD, Fla. — Yizhak Toledano, founder and CEO of Sky Development, Inc., will donate $3 million to the Joe DiMaggio Children’s Hospital Foundation. The foundation, which is the charitable arm of the Joe DiMaggio Children’s Hospital at Memorial, will use the funds to construct a new children’s hospital in Hollywood, directly across from the existing hospital.

Joe DiMaggio Children’s Hospital is a world-class hospital that has earned the distinction of being the leading children’s hospital in Broward and Palm Beach Counties. This premier facility combines advanced technology and the expertise of the largest diversity of board-certified specialists in the region — all in a caring, compassionate setting designed specifically for children.

The Joe DiMaggio Children's Hospital Foundation was established in 1994 to provide philanthropic support that supplements the income from payors and tax revenues received by the Memorial Healthcare System. The foundation serves as the central agency through which charitable contributions are made. A volunteer board of directors, comprised of prominent business and community leaders, oversees all aspects of its operation.

Based in Aventura, Florida, Sky Development Inc. is an owner, manager and developer of commercial and residential properties. The company is involved in acquisition, development, rehabilitation and conversion, offering a full array of in-house services such as market assessment, public funding and incentive strategy.

This is perhaps the largest single donation the Joe DiMaggio Children's Hospital Foundation has ever received. The hospital provides an invaluable service to the community and fills a health care niche for children in the Hollywood area.

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