Letter: Aspen Valley Hospital doing well on its own | AspenTimes.com

Letter: Aspen Valley Hospital doing well on its own

Aspen Valley Hospital doing well on its own

In response to the Aspen Daily News article on June 9 about the Aspen Valley Foundation, I would like to suggest that the Aspen Valley Foundation (which is/was unrelated to Aspen Valley Hospital) is solely responsible for its own demise.

To review the facts:

Aspen Valley Hospital and the Aspen Valley Medical Foundation (which later became Aspen Valley Foundation) severed their relationship approximately two years ago so that the hospital could create its own foundation to raise money solely for the hospital.

This was necessary because the medical foundation was no longer focused on raising money for the hospital.

The decision for the two agencies to part ways was mutual.

In a news article dated November 21, 2012, Kris Marsh, President/CEO of the newly formed Aspen Valley Foundation, stated that they would “put fundraising efforts on hold because there is community confusion about what the organization does.”

Aspen Valley Hospital identified two priorities related to philanthropy at the time of the split:

To set up its own development program and foundation, and

To ensure that donor intent was honored, i.e., unspent funds earmarked for the hospital were transferred from Aspen Valley Medical Foundation to Aspen Valley Hospital.

I am pleased to report that the hospital has accomplished both goals. In fact, since the hospital split from the former Aspen Valley Medical Foundation, $10.6 million has been raised for our capital campaign. Millions of dollars in pledges, from before the split, also have been collected. And, an additional $333,000 has been raised for uses other than the hospital’s expansion project.

In conclusion, both Aspen Valley Hospital and Aspen Valley Foundation have functioned independently for the past two years. That the hospital has continued to make progress on the fundraising front is a tribute to the quality of care provided by our staff, an unwavering commitment to our mission and the generosity of our donors.

I cannot speak to the apparent lack of success Aspen Valley Foundation has experienced, but I believe the organization should accept responsibility for their current situation, rather than attributing their lack of success to the dispute between the entities.

Dan Bonk

CEO, Aspen Valley Hospital

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