Posted: Apr 26, 2013 1:50 PM by Associated Press
SAN ANTONIO (AP) - A billionaire philanthropist has given $20 million toward the construction of a children's hospital in San Antonio.
The San Antonio Express-News reports (http://bit.ly/14h7VNU ) Friday that the foundation established by Christopher "Kit" Goldsbury gave the largest gift in the 144-year history of the Christus Santa Rosa Health System. The system is converting a downtown health facility into the Children's Hospital of San Antonio. The project has a price tag of $135 million.
Officials say the donation will be used to build a two-story lobby and entrance, among other uses.
Goldsbury's donation comes as Christus contends with growing competition from other systems that are expanding children's health care services.
Goldsbury amassed his fortune when he sold Pace Foods Ltd. to Campbell Soup Co. in 1994 for $1.12 billion.
Information from: San Antonio Express-News, http://www.mysanantonio.com
(Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)
Do you have a tip, information about a breaking news story, or a story idea for 6 Investigates? Contact the KRIS 6 News Desk at 361-884-6666 or send us an email.
Send us your feedback. We want to hear from you!
Look at photos and videos and share them!
|KRISTV.COM Mobile Website
Get KRISTV.com on your mobile or PDA!
|KRISTV.COM Mobile Apps
Get our mobile apps on your mobile or PDA!
See the latest winning numbers!
|6 News Team
Read about your favorite KRIS-TV personalities!
|FCC Online Public File
FCC Public File of Records, Reports, and more