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Wood-Prince family gives Children's Memorial Hospital an endowment gift of nearly $3 million

May 2010

Children's Memorial Hospital has received a nearly $3 million endowment gift from the Frederick H. Prince 1932 Trust on behalf of the Wood-Prince family.

This generous gift was directed to the hospital by Meredith and Patrick Wood-Prince to establish the Frederick Henry Prince Memorial Fund to support the highest priorities in the hospital's Division of Hematology, Oncology and Stem Cell Transplant.

"The Wood-Prince family's generosity ensures that our outstanding care for children with cancer and blood disorders will be strengthened and provides significant momentum for our program's enhancement as we move toward the 2012 opening of our new facility, Ann & Robert H. Lurie Children's Hospital of Chicago," said Patrick M. Magoon, president and CEO of Children's Memorial Medical Center. "We are grateful for this support and what it will mean for the children we serve now and those who will come to us for care in the future."

"We are fortunate and feel privileged to be able to direct this gift from the Fredrick H. Prince 1932 Trust to Children's Memorial," says Patrick Wood-Prince. "With three small children of our own, we recognize the need to support the new hospital. We are thrilled and excited to be a part of such an exciting time for Chicago and for Children's Memorial."

Patrick and Meredith Wood-Prince reside in Chicago with their family.

"In order to improve therapies and discover cures for children with cancer and blood disorders, gifts like that of the Wood-Prince family are crucial. This support will directly translate into enhancements in care, research and advanced education for future pediatric cancer specialists, which will make a difference in many children's lives," said Morris Kletzel, Head of the Division of Hematology, Oncology and Stem Cell Transplant. "When we move to our new location in Lurie Children's, strengthened collaborations with the Robert H. Lurie Comprehensive Cancer Center of Northwestern University will provide the platform to make this contribution go even further, which we foresee resulting in even better outcomes for our patients."

About the Center for Cancer and Blood Disorders at Children's Memorial Hospital
As home to the region's largest provider of hematology/oncology services, Children's Memorial Hospital's Center for Cancer and Blood Disorders offers a unique blend of clinical expertise and comprehensive services for cancer (oncology) and blood disorders (hematology). It is ranked 14th in the nation by U.S.News & World Report for pediatric oncology – the only pediatric cancer program in Illinois on the magazine's 2009 list. In addition, it is:

Affiliated with the Robert H. Lurie Comprehensive Cancer Center of Northwestern University, Children's Memorial is also dedicated to training the next generation of caregivers, with highly specialized fellowships in hematology, oncology and stem cell transplant.

About Children's Memorial Hospital
Chicago's Children's Memorial Hospital is recognized as one of the top pediatric hospitals in the country in rankings published in U.S.News and World Report. Its physicians are on the faculty at Northwestern University's Feinberg School of Medicine. The hospital is currently engaged in the Heroes for Life campaign to raise at least $600 million to help create Ann & Robert H. Lurie Children's Hospital of Chicago, and support its medical and nursing professionals, programs and research. A not-for-profit organization, Children's Memorial relies on philanthropy to help provide care to more than 140,000 patients and their families every year.

(Last updated on June 21, 2013 )