M&T Foundation makes $50,000 pledge to Bayhealth campaign

190
Pictured from left to right: Bill Strickland, Bayhealth Board of Directors; Mike Gast, VP Commercial Banking, M&T Bank; Nick Lambrow, President of M&T Bank's Delaware Division; Terry Murphy, Bayhealth President and CEO; Paul Frick, Commercial Banking Division M&T Bank
Advertisement

The M&T Bank Charitable Foundation recently made a $50,000 four-year pledge to the Bayhealth Foundation toward  the Campaign for Bayhealth – Phase III, a capital fundraising campaign that primarily supports the Bayhealth Sussex Campus in southern Delaware.

 Built on a 169-acre greenfield site, the health campus will feature a 440,000 square foot hospital and outpatient center, including expanded emergency services, cardiovascular services, additional operating rooms, and all private patient rooms.

Nemours Children’s Health System will provide specialized care for children in a separate building on the health campus, reducing the need for residents of Sussex County to drive 90 miles or more for comprehensive pediatric care.

“The Bayhealth campus will greatly enhance the quality of life in southern Delaware by providing high-quality healthcare to our communities,” said Nick Lambrow, president of M&T Bank’s Delaware region. “M&T is committed to strengthening the communities we serve, and we are proud to support Bayhealth, which is a great partner that shares our commitment.”

The M&T Charitable Foundation works in partnership with nonprofit organizations like Bayhealth that focus on improving the quality of life for the community. Each year, M&T contributes more than $1.8 million to more than 200 not-for-profits in Delaware. M&T employees volunteer with 220 not-for-profit organizations in Delaware, totaling more than 25,000 hours each year in the state.

Advertisement

Now a year after groundbreaking, construction on Bayhealth’s Sussex Campus is well underway. The structural steel portion of the more than $300 million project is nearly complete and the exterior of the building is beginning to take shape. The Bayhealth Hospital, Sussex Campus remains on schedule to accept patients in early 2019.

“We’re grateful for this strong expression of support from our friends at M&T. Their core values closely align with those of Bayhealth and their commitment to the nonprofit sector in Delaware is laudable,” said  CEO of Bayhealth Terry Murphy.

Visit ImagineDE.com for more information about the new health campus in southern Delaware. 

Advertisement
Previous articleGas prices drop and provide some relief to holiday travelers
Next articleDawson writes second book on women business, civic leaders
Delaware Business Now is a four-year-old, five-day-a-week newsletter and website operated by Bird Street Media LLC. Publisher and Chief Content Officer is Doug Rainey, a 30-year veteran of business journalism in the state of Delaware.  Business Now focuses on breaking business news in Delaware and immediate adjacent areas with apropriate background and perspective. Also offered exclusively in our FREE newsletter is commentary on state and regional issues. Have a complaint, question or even a compliment? Send an email to drainey@delawarebusinessnow.com. For advertising information, click on the About tab at the top of the home page Our business hours are 8 a.m. to 5 p.m., Monday through Friday. Call us at 302.753.0691.
Advertisement