February 2, 2004

Estate Gift Leaves A Lasting Legacy For Community Health

The Late Dorthy M. Purdy of Amherst has left a lasting legacy for the health of Cumberland County residents. Ms. Purdy supported the Above & Beyond campaign and continued to make donation toward equipment purchases for the health care facility; therefore it is not surprising that in making her estate plan she included the Cumberland Health Care Foundation as a recipient of her estate. The foundation received $100,000 to be divided equally between the equipment fund and endowment fund.

An endowment fund allows for the gift to be invested, with the interest earned being used to forward the mission of the foundation, which is "to enhance the ability to provide a high standard of health care to all residents of Cumberland County by raising funds and supporting new and improved services, programs, equipment and facilities". At present the Cumberland Health Care Foundation endowment fund holds $862,000. These funds are managed wisely, with a percentage of the investment income reinvested so as to continue the growth of the fund.

The Cumberland Health Care Foundation has a bright future in supporting various needs at the Cumberland Regional Health Care Centre. One way we address the future, is through our endowment program. By building these funds, we increase the financial stability of the Cumberland Health Care Foundation and provide a stream of income that we can depend on.

"Ms. Purdy's bequest to the Cumberland Health Care Foundation will ensure that not only present equipment needs can be met, but that long term support will be provided through the portion of funds directed to the endowment", stated Jodi Swan, managing director. "Having operated a local business, Ms. Purdy had direct contact with a number of community members. Her most generous gift will ensure that the health care of Cumberland County residents will continue to be enhanced." said Swan.

For further information, please contact Jodi Swan, Managing Director at 902-667-5400 ext. 6126 or e-mail: jswan@ccdha.nshealth.ca.