Costco Wholesale Pledges $25 Million to Improve Children's Health

Building on a 30-year relationship with Children’s National, Costco Wholesale has pledged $25 million to ensure that children in the Washington area will continue to have access to expert pediatric care. In recognition of their longstanding support, Children’s National is naming the hospital’s main atrium the Costco Wholesale Atrium.

Costco’s generous giving supports the institution’s Fund for Every Child, which ensures that every child can receive exceptional care, regardless of insurance or ability to pay. The fund allows Children’s National to meet its greatest needs, supports every area of the hospital, and provides flexibility for unexpected needs.

Kurt Newman, MD, President and Chief Executive Officer of Children’s National, said, “We are so grateful for Costco Wholesale’s support. Through Children’s Miracle Network Hospitals, Costco has engaged their executives, employees, and members to improve the lives of children in the Washington community. This new commitment will have a direct impact on local families for years to come.”

Joe Portera, Executive Vice President and Chief Operating Officer for the Eastern and Canadian divisions of Costco Wholesale, said, “Throughout our 30-year partnership, many of our employees and members have had personal experiences at Children’s National. This cause means so much to them and to everyone at Costco. Our commitment honors these families and the many more that may one day need the services and care provided by Children’s National.”

Costco has supported Children’s National in numerous ways over the past three decades. During the company’s “May is for Miracles” register fundraising campaign, a paper balloon is displayed in honor of each member who makes a donation. In 2017, the 18 warehouses and one depot located across Maryland, Washington, and Virginia raised nearly $900,000 for Children’s National. Costco also holds a regional golf tournament that raises more than $1 million annually and has been the exclusive sponsor of water and snacks for the annual Race for Every Child since 2014.

Costco Wholesale has been a partner with Children’s Miracle Network Hospitals since 1988 and has raised more than $240 million for children’s hospitals around the country.

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