OrthoWorx Announces Funding Campaign ResultsPosted: Updated:
The state's orthopedics initiative, OrthoWorx, says it has secured more than $6.5 million to support educational and charitable initiatives. That includes more than $1.2 million in pledges, matched by Lilly Endowment Inc. The organization also provided a $4 million grant to the OrthoWorx Capital Foundation. November 22, 2013
WARSAW, Ind. - OrthoWorx announced today that, through the support of OrthoWorx Match Campaign donors and Lilly Endowment Inc., the organization generated more than $2.5 million through the Orthopedics Capital Foundation (OCF). This is in addition to the $4 million grant the Endowment awarded to OCF, bringing the total to over $6.5 million to continue and expand OrthoWorx educational and charitable initiatives.
"Given the three-month timeframe of the campaign, we are delighted with the commitment shown by our donors to the important work we do in building on our region’s strengths," stated OrthoWorx President and CEO Sheryl Conley. "Lilly Endowment extended a unique dollar-for- dollar match opportunity to OrthoWorx for eligible donations or pledges received by October 15, 2013. We want to thank all who pledged a total of $1,265,480, which was matched by the Endowment, doubling the amount available to invest in our community to more than $2.5 million."
Although the campaign has ended, Conley said the organization invites the support of others to help continue to bring the community more projects like the new Medical Device Quality Management Degree Program at Grace College, the Krebs Park Bicycle/Pedestrian Trailhead, the U.S. 30 Upgrade Coalition, continued growth of STEM education across our region and deeper connections with Indiana’s higher education institutions for an improved innovation and entrepreneurship ecosystem. To pledge your support, visit http://orthoworxindiana.com/about-us/support-our-work
Formed in 2009 with initial funding from Lilly Endowment, OrthoWorx (www.orthoworxindiana.com ) is a community-based initiative that works strategically and collaboratively with the orthopedic industry and other stakeholders to ensure that the Warsaw region continues to reap the social and economic benefits that derive from its position as The Orthopedic Capital of the World.
About Orthopedics Capital Foundation
The Orthopedics Capital Foundation http://orthoworxindiana.com/about-us/about-orthoworx/ was created in 2009 to enable philanthropic support for the OrthoWorx initiative in enhancing the Warsaw region’s economy and quality of life through charitable and educational activities.