Goldsbury Foundation Awards $20 Million to Children's Hospital of San Antonio

Goldsbury Foundation Awards $20 Million to Children's Hospital of San Antonio

The San Antonio-based Goldsbury Foundation has made a five-year, $20 million gift to Children's Hospital of San Antonio to help fund renovations at the hospital's downtown campus, the San Antonio Express reports.

The largest gift in the history of the Christus Santa Rosa Health System will be used to build a two-story lobby and entrance and fund family-center amenities, gardens, children's play areas, health and wellness initiatives, and community outreach activities. Renovations are scheduled to begin this summer and be completed by early 2015.

Christus Santa Rosa closed its hospital for adult patients in 2012 so as to convert it into Children's Hospital — a transformation projected to cost at least $135 million. In February, the hospital announced a partnership with Baylor College of Medicine and Texas Children's Hospital to develop a Tier 1 pediatric campus downtown. The Goldsburys' support for Christus Santa Rosa includes a $5 million gift in 1999 to help open the Goldsbury Center for Children and Families and a $1.5 million gift in 2005 to establish the Center for Miracles.

"We strongly believe this would be the best place for the sickest child," said Goldsbury Foundation executive director Suzanne Mead Feldmann. "We believe mission rather than margin means you end up taking care of the most important thing, and that is our children....We think it makes a lot of sense to take a facility that exists and repurpose it to be a first-class, Tier 1 children's hospital."