Roberta Elliott, Warren Buffet's sister, donated a record-setting $105.8 million to Montage Health Foundation, the nonprofit parent company of Community Hospital of the Monterey (Calif.) Peninsula.
The gift will support an innovative approach to behavioral healthcare for children and adolescents in a venture Ms. Elliott named "Ohana." The gift will go toward constructing a facility that houses inpatient and outpatient services, developing innovative programs and finding a clinical director to run the program. Additionally, a large portion of the gift will go into an endowment to provide future funding to the Ohana venture.
"Very few people are fortunate enough to be able to give a gift of this size, and there are even fewer who have the vision to fund this particular cause," said Montage Health President and CEO Steven Packer, MD. "[Ms.] Elliott said that she was concerned that, if she didn't do it, a transformational gift to fund this needed program might never occur. We are exceedingly grateful for her tremendous generosity and the spirit in which she gave this historic gift."