On May 28, 2009 the Sequoia Hospital Foundation, the fundraising arm of Sequoia Hospital, announced the launch of a $20 million, community-wide campaign to help pay to construct and equip the new Sequoia Hospital.
Sequoia is building a new hospital at its historic site in Redwood City, at the intersection of Alameda de las Pulgas and Whipple Avenue. The new hospital will be a full-service, 148,000 square foot, four-story building located in the center of the Sequoia campus adjacent to the existing hospital facility.
The projected total cost to build the new Sequoia hospital is $240 million. This total cost will be met by a collaborative financing plan that calls for $75 million funded by Catholic Healthcare West, $75 million from Sequoia Hospital, $75 million from the Sequoia Healthcare District and $15 million from philanthropic contributions raised by the Sequoia Hospital Foundation.
“In order to raise $15 million in philanthropy, the Sequoia Hospital Foundation is conducting an area-wide fundraising campaign with a minimum goal of $20 million - $15 for the new building and a minimum of $5 million for cutting-edge medical equipment and technology,” said Deanna Dooley, chair of the Sequoia Hospital Foundation.
