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Princeton HealthCare System Foundation Launches $115 Million Capital Campaign for New Hospital in New Jersey
Date:6/9/2008

PRINCETON, N.J., June 9 /PRNewswire/ -- Princeton HealthCare System Foundation (http://www.princetonhcs.org) announced the launch today of the most ambitious fundraising campaign in its history and what appears to be the largest hospital fundraising campaign ever in New Jersey.

Design for Healing - The Campaign for the New University Medical Center at Princeton seeks to raise $115 million in support of the new, $441 million state-of-the-art hospital to be built in Plainsboro, New Jersey, in replacement of UMCP's current Princeton facility.

Design for Healing - The Campaign for the New University Medical Center at Princeton will support three areas. A total of $100 million will go toward the construction of the new hospital building. An additional $10 million will be allocated to support specific programmatic requests of donors. The remaining $5 million will be for unrestricted programmatic needs.

The campaign began its "nucleus" phase in early 2006 with outreach to volunteers, long-time donors and other known supporters of the hospital. A total of $76 million has been raised to date as a result of those efforts, putting the campaign two-thirds of the way toward achieving its goal.

The new hospital, scheduled to open in 2011, is poised to dramatically reshape the institution founded in 1919, as well as the delivery of healthcare in Central New Jersey.

The move to Plainsboro will see University Medical Center at Princeton (UMCP) trade its current nine-acre Princeton location, which is bounded by residences, for an expansive 50-acre site within a 158-acre health campus with easy access to U.S. Route One.

Healthcare experts agree that the way a hospital is designed and built directly impacts the care provided patients. The new UMCP will incorporate the most current thinking and best practices in healthcare design, resulting in a facility that enhances patient safety,
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SOURCE Princeton HealthCare System Foundation
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