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$15 Million Donation From The Karabots Foundation Enables The Children's Hospital of Philadelphia to Open a New Pediatric Care Facility in Norristown, Pennsylvania
Date:7/23/2008

NORRISTOWN, Pa., July 23 /PRNewswire-USNewswire/ -- The Children's Hospital of Philadelphia is delighted to announce a generous $15 million gift that will enable the opening of a new pediatric care center in Norristown, Pennsylvania. This gift, made possible by Athena and Nicholas Karabots of Fort Washington, Pa, is one of the largest in the history of Children's Hospital and will give Norristown families and families in the nearby communities convenient access to world-class pediatric healthcare. The extraordinary contribution was inspired by the couple's deep desire to help provide better access to high quality medical resources to the needy children in these communities.

"I have always felt strongly that all children, especially those living under difficult circumstances, deserve the opportunity to live a healthy and productive life," said Nicholas Karabots. "To do this, they need to have access to good healthcare services. My wife and I are delighted to be able to support the creation of this facility that will help so many in need. The Norristown area is revitalizing and will benefit enormously with the opening of the center."

"We are delighted and most grateful to the Karabots family for this generous donation. The Karabots Pediatric Care Center will allow Children's Hospital to make a tremendous difference in the Norristown and other needy Montgomery County communities," said Steven M. Altschuler, MD, president and chief executive officer, The Children's Hospital of Philadelphia. "The continued growth of The Children's Hospital of Philadelphia healthcare network, which now spans three states, has been in response to increasing need and demand for the services we provide to children and families. This expansion is part of our ongoing quest to provide excellent healthcare services to sick children, especially in areas that are not currently served."

While plans are still in the very early stages, The Karabots Pediatric Care Center wi
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SOURCE The Children's Hospital of Philadelphia
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