Los Angeles, CA–(HISPANIC PR WIRE – BUSINESS WIRE)–March 3, 2008–The Los Angeles Free Clinic today announced an extraordinary gift of $10 million from philanthropists Haim and Cheryl Saban. The Clinic will be renamed The Saban Free Clinic in honor of the gift, which is the largest in the Los Angeles Free Clinic’s 41-year history. The endowment will provide much needed discretionary funds for special projects at the Clinic.
Haim Saban, who founded Saban Entertainment and Fox Family Worldwide, is currently the Chairman and Chief Executive Officer of Saban Capital Group and Chairman of the Board of Univision Communications Inc. Cheryl Saban, PhD is an author and advocate for children’s health and education. The gift marks the culmination of the Sabans’ 16 years of support for the Clinic.
“The Sabans’ generosity is extraordinary. We are very grateful that they understand the urgent need to provide a safety net of health services for the uninsured in Los Angeles. We recognize that there are many other charitable organizations that they could have donated to, and we are proud to call them our partner,” said Sam Fischer, who was the 40th Anniversary Campaign Chair for the Clinic and worked with the Sabans to structure their gift.
The Saban Free Clinic will continue to provide services to children and adults at four sites in Los Angeles. All medical services are provided for free, although patients are asked to donate what they can for their visits.
“I have had a deep respect for The Los Angeles Free Clinic ever since, as a single mother, I turned to them for my own medical care, more than 25 years ago,” said Cheryl Saban. “The services I received were professional and kind. And, now that I am in the privileged position of being a philanthropist, I am also impressed with their record as a charitable money manager, with the breadth of their donor and volunteer pool, and with their longevity as a service provider.
Haim and I are proud to have our name associated with theirs,”
“We have always been impressed with The Los Angeles Free Clinic and the work it does for those in need,” said Haim Saban. “Our greatest wish for this gift is that it inspires other donors to recognize the important role of the Clinic in providing heath services to the uninsured in Los Angeles. Anyone can fall through the insurance safety net,” Saban concluded.
“While our name is changing, The Saban Free Clinic is, and will be, the same institution as The Los Angeles Free Clinic, offering high quality medical dental, mental health care and social services to Los Angeles’ uninsured residents,” said Abbe Land, Co-CEO of the Clinic. “The Sabans’ enormous generosity will give us some breathing room, especially in these insecure times, and we will continue to rely on the generosity of the entire community to fund our services,” continued co-CEO Jeffrey Bujer.
“The need for high-quality, low-cost health care is so pressing that we are delighted to see this important investment in the Clinic,” said Wendy Garen, President and CEO of the Ralph M. Parsons Foundation. “It takes all of us — foundations, donors and key partners — to help fund The Saban Free Clinic services. We are delighted to applaud this very special contribution from the Sabans.”
The Saban Free Clinic is officially set to be unveiled during a ceremony in the spring of 2008.
The Los Angeles Free Clinic is a highly regarded health and social services organization with four clinics, 160 employees, more than 400 volunteers, and over 100,000 patient visits annually. The Los Angeles Free Clinic is a well-managed agency with 85 cents of every dollar going to direct services and has earned three consecutive 4-star evaluations from Charity Navigator — a designation only 12 percent of all the non-profits they evaluate have earned.