Endowment of Hope created at Hays Medical Center
HAYS, Kansas – Sunflower Bank and Hays Medical Center announce the creation of the Sunflower Bank Endowment of Hope, a permanent endowed fund providing much-needed funding for indigent care.
Sunflower Bank’s gift to the Hays Medical Center Foundation totals $25,000, and the creation of the endowed fund provides an enduring legacy and consistent revenue to support Hays Medical Center departments, programs, and future endeavors.
“We’re pleased to work with such an important organization to bolster health care in the Hays, Ellis County, and Western Kansas communities,” said Sandy Jacobs, Executive Vice President of Sunflower Bank. “We pride ourselves on leadership in community development initiatives, and our support of quality health care. It’s in that spirit we eagerly work with the HMC to establish this fund.”
As with any endowed fund, the principal gift is never accessed, remaining in perpetuity with earnings providing consistent revenue streams for necessary HMC departments and programs, consistent with the purpose specified by the donor.
“This generous gift for an endowed fund will help provide financial stability for indigent care,” stated Dr. John Jeter, president and CEO of Hays Medical Center. “We appreciate Sunflower Bank’s commitment to quality healthcare for everyone.”
The Hays Medical Center Foundation will administer the Endowment of Hope, with earnings earmarked for indigent care. Future contributions to the Sunflower Bank Endowment of Hope are added to the fund’s principal balance.
Sunflower Bank was founded in 1892 and is owned by the Hale family, with 34 locations throughout Kansas and Colorado. A full-service financial provider, Sunflower Bank features personal banking solutions, mortgage loans, commercial and corporate services, and trust and wealth management services.
Sunflower Bank now counts more than $1.5 billion in assets. Its home office is located in Salina, Kansas, with other offices located in Colby, Dodge City, Ellinwood, Great Bend, Hays, Junction City, Lawrence, Liberal, Manhattan, McPherson, Osborne, Russell, Topeka, Victoria and Wichita, Kansas, and Cañon City, Monte Vista, Pueblo, Salida and South Fork, Colorado.
The Hays Medical Center Foundation formed in 1995 and is a charitable, not-for-profit organization whose mission is to support the Hays Medical Center. The Foundation, in partnership with donors, seeks to meet both immediate and long- range health care needs. A 17-member volunteer board guides the efforts of the Foundation.
The Hays Medical Center is a private, not-for-profit hospital formed by the 1991 merger of two religiously-affiliated facilities, and becoming the only major level service in the region.
The HMC DeBakey Heart Institute is the primary provider of heart surgery and cardiac care for people in western Kansas. The Hays Medical Center is also renowned and respected for cancer prevention and treatment programs through the Dreiling/Schmidt Cancer Center.
