SIOUX FALLS, S.D. (AP) - Dakotas-based Sanford Health plans to build a $6 million, 17,000-square-foot house in Sioux Falls to honor the health network’s philanthropist namesake and as a new home for the Sanford Health Foundation.
T. Denny Sanford, who made his fortune in the banking industry and has donated nearly $1 billion to Sanford Health and causes including children’s health, cancer research and genomic medicine, said he is honored and “proud to have helped fuel the flame of what is now Sanford Health.”
Construction is to begin this fall on the two-story Sanford Foundation House and is expected to wrap up in about a year. The money will be raised through private donations.
“This facility will provide a structural symbol of the power of philanthropy and will serve as a beacon for future giving,” Sanford said. “It will be a real tribute to the impact of giving back.”
The foundation is the fundraising arm of Sanford Health. It manages endowment funds and oversees special programs including the Children’s Miracle Network and Cure Kids Cancer.
Foundation President Micah Aberson said Sanford has “transformed health care through his unprecedented and extraordinary generosity,” and described the house as “a version of a presidential library.”
Sanford Health is based in Sioux Falls and Fargo, North Dakota. It bills itself as one of the largest health systems in the nation, with 43 hospitals and nearly 250 clinics in nine states.
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