Dedham Savings Community Foundation Supports Beth Israel Deaconess Needham Expansion
Christopher Teachout | Dedham Savings
Hillary Harrelson | Beth Israel Deaconess
Samantha Sherman | Beth Israel Deaconess
The Dedham Savings Community Foundation has made a grant to Beth Israel Deaconess Hospital in Needham. Grant funds will be used to support the hospital’s strategic expansion plan to address the heightened demand for community-based care in Needham, and surrounding communities. The twelve-million-dollar expansion goal includes increasing the hospital’s physical footprint, with plans to acquire seven neighboring properties. The property acquisitions will support the construction of a state-of-the-art medical office building and help to repurpose the vacated space within the hospital to manage the increased inpatient volume driven by current healthcare trends.
ABOUT BETH ISRAEL DEACONESS NEEDHAM
Beth Israel Deaconess (BID) Needham is a licensed, 73-bed acute care community hospital affiliated with Beth Israel Deaconess Medical Center (BIDMC) in Boston. BID Needham has served residents in Needham, Dedham, Newton, Dover, Medfield, Sherborn, Wellesley, Westwood, and other neighboring communities for over 100 years. BID Needham is part of Beth Israel Lahey Health care system comprised of academic medical centers and teaching hospitals, community and specialty hospitals employing more than 4,700 physicians and 39,000 employees in a shared mission to expand access to great care and advance the science and practice of medicine through groundbreaking research and education.
ABOUT DEDHAM SAVINGS COMMUNITY FOUNDATION
The Dedham Savings Community Foundation is a privately funded foundation created by Dedham Savings to provide financial support to charitable organizations that serve disadvantaged populations within the Bank’s community reinvestment area. These communities include Dedham, Needham, Norwood, Sharon, South Boston, Walpole, Westwood, and contiguous areas. Typical requests are received from schools, libraries, family service organizations and non-profit organizations.
The Trustees of the Foundation accept grant requests from community organizations and make awards twice per year. Organizations wishing to request funding from the Foundation may apply online at www.dedhamsavings.com/community.
ABOUT DEDHAM SAVINGS
Incorporated in 1831, Dedham Savings is one of the oldest banks in Massachusetts still doing business under its original charter. The Bank delivers technology-driven solutions in a client-centric way to promote the financial success of the individuals, families, businesses, and non-profit organizations in the communities it serves. Dedham Savings manages $2.4 billion in assets through full-service locations and loan offices in Dedham, Needham, Norwood, Sharon, South Boston, Walpole, and Westwood, Massachusetts. Dedham Savings is Member FDIC, Member DIF, and an Equal Housing Lender.