Children’s Hospital Los Angeles Receives $5 Million Pledge from Credit Unions for Kids

The donation will benefit CHLA’s Helping Hands Fund to support
life-saving care for young patients

LOS ANGELES–(BUSINESS WIRE)–Children’s Hospital Los Angeles has received a generous commitment of $5
million from Credit Unions for Kids that will go toward the hospital’s
Helping Hands Fund, which ensures all patients receive the critical,
lifesaving care they need.

The extraordinary donation is emblematic of CHLA’s longstanding
relationship with Credit Unions for Kids and the shared mission of
creating hope and building healthier futures for children. In
appreciation for their generosity, the organization will receive special
recognition on the Champions for Children donor wall in the Marion and
John E. Anderson Pavilion and will have the Helping Hands Fund renamed
to “The Helping Hands Fund, supported in part, by Credit Unions for
Kids” for the duration of the five-year sponsorship period.

“Credit Unions for Kids has been a friend to Children’s Hospital Los
Angeles since 1996, and we are immensely grateful for their support and
generosity,” says Paul S. Viviano, president and chief executive officer
of Children’s Hospital Los Angeles. “This donation will have a
substantial impact on our patients as we continue to provide life-giving
and life-saving care for society’s most vulnerable children.”

Credit Unions for Kids is a nonprofit collaboration of credit unions,
member-owned financial cooperatives that provide financial products and
services, engaged in fundraising activities to benefit Children’s
Miracle Network Hospitals, an alliance of 170 children’s hospitals
across North America. The organization has 250,000 employees and 100
million members and includes such regional credit unions as Kinecta
Federal Credit Union based in Manhattan Beach, Wescom Credit Union based
in Pasadena, Xceed Financial Credit Union based in El Segundo, and
Financial Partners Credit Union based in Downey. Credit Unions for Kids
has donated more than $1.2 million to CHLA and partnered with the
hospital’s 2015 Live L.A. Give L.A. fundraising campaign, donating
$530,000 as a dollar-for-dollar challenge match grant to the Los Angeles

“We cannot think of a better way to give back to the local community
than to strengthen the children who will shape tomorrow,” says Keith
Sultemeier, president and chief executive officer of Kinecta Federal
Credit Union. “We are thrilled to be lending a helping hand to the
patients of Children’s Hospital Los Angeles, which continues to provide
the highest quality healthcare for children from Los Angeles and beyond.”

About Children’s Hospital Los Angeles

Children’s Hospital Los Angeles is a nonprofit pediatric health care
organization dedicated to creating hope and building healthier futures
for children. Honored as the premier children’s hospital in California
and among the top 10 in the nation, we treat 111,000 young patients
annually from Los Angeles and around the world. As a pediatric charity
of choice, the hospital relies on the generosity of the community to
support its groundbreaking pediatric research and the complex care it
provides for critically ill and injured children.

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About Credit Unions for Kids

Credit unions, fundraising under the Credit Unions for Kids™ brand, have
partnered with Children’s Miracle Network Hospitals since 1996 and in
that time have generated over $150 million in contributions. Today,
individual credit unions across the United States collaborate with
credit union chapters, leagues and business partners to raise
much-needed funds to benefit CMN Hospitals. Fundraising campaigns range
from change drives, Miracle Jeans Day and holiday icon campaigns to golf
tournaments, runs, walks and wine auctions. In 2015, credit unions
ranked third among corporate partners in annual giving behind only
Wal-Mart and Costco. The funds raised by the credit union community help
support new facilities, equipment acquisition, research programs,
patient services, charitable care and health education programs
benefitting 10 million children annually.


CHLA Media Relations
Lauren Song