The Arkansas Children’s Foundation announced Tuesday that it has received a $1 million gift as part of its Campaign for a Healthier Tomorrow.
The gift from long-time supporters Melanie and Edwin Wells will establish an endowment supporting the CEO Strategic Initiatives Fund at Arkansas Children’s.
The endowment will ensure Arkansas Children’s executive leaders always have access to the most important tool — the ability to respond quickly to strategic opportunities and dynamic changes in health care, according to Fred Scarborough, president of the Arkansas Children’s Foundation.
“Melanie and Edwin Wells have a deep commitment to improving child health and their community,” he said in a press release. “Endowments, such as theirs, fuel long-term strategic growth and help deliver the best possible care to the children of Arkansas. We are incredibly thankful for this gift and their longtime support.”
The Wells are longtime supporters of Arkansas Children’s and are active members of the Log A Load For Kids of Arkansas chapter. Since the chapter began in 1991, local volunteer fundraisers have raised more than $10 million for Arkansas Children’s, investing largely in endowments, supporting emergency services and advancing pediatric cardiovascular care.
“Endowments are an important investment for any organization,” said Edwin Wells. “We are proud to give a gift that will exist in perpetuity and ensure the future of Arkansas Children’s.”
The Melanie and Edwin Wells Strategic Endowment will support small and large projects. In recent years, the CEO Strategic Initiatives Fund has fueled innovations and advanced key initiatives such as statewide clinics, research and clinical excellence at Arkansas Children’s.
Currently, Arkansas Children’s has 40 endowed chairs and 329 individually endowed funds with a market value of more than $443 million.