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Cottage Health Receives $65 Million Donation

Published by: dailynews
Published on:

Visionary philanthropists Mary and Richard Compton recently increased their gift to the Santa Barbara Cottage Hospital Foundation, for a total of $65 million to support medical excellence and innovation at Cottage Health. Adding to their prior $15 million gift, a new commitment of $50 million is the largest single gift in Cottage’s 135-year history and will be invested in the health of the Santa Barbara community and the region.

The gift will create and name the Compton Center for Medical Excellence and Innovation, a new center bringing together top clinicians, educators and research investigators to propel clinical and operational innovation — advancing healthcare for patients and families.

“The Comptons’ generosity and commitment to the health of our community is extraordinary,” said Ron Werft, President and CEO of Cottage Health. “This transformational gift and crucial investment in our future allows us to identify and contribute to emerging medical technologies and research for the benefit of our patients and community.”

Read the full story on Edhat here.