December 16, 2008/- A local financial planning company is unveiling a revolutionary new program to help support the University Hospitals Kingston Foundation – the joint fundraising arm for Hotel Dieu Hospital, Kingston General Hospital and Providence Care.
From January 1, 2009, Kingston Financial Centre will donate 20 per cent of the new recurring revenue to the Foundation. The program was pioneered by local financial advisors Kathryn Wright and Tom Dall, who designed the program to support the Foundation and its work with our hospitals.
“In today’s market conditions charities are the first organizations to suffer,” said Dall. “The timing on the launch of this program could not have been better. As people tighten their belts over the next year they can feel at ease, knowing that the company they have chosen to help them navigate through these tumultuous times is not only helping them but also supporting the community.”
“We’re pleased to have Kingston Financial Centre as our partner in this venture. The Foundation is committed to exploring innovative charitable donations from local businesses and looks forward to creating different partnerships in the future that will benefit our work supporting the university hospitals of Kingston,” said Peter Merkley, Chair of the University Hospitals Kingston Foundation.
No additional fees will ever be charged to the clients. The 20 per cent comes from management fees that are included on all new investments and insurance products. The cost to the clients over any other institution is simply the time it takes to sign their name.
“People will have a new way to support a local charity without ever opening their wallets,” said Dall.