Toronto-based real estate development company Madison Group donated almost a quarter of a million dollars to the Scarborough Health Network Foundation last month, as part of “a larger community initiative and development of a new project Mila … revitalizing the neighbourhood,” according to its PR firm NKPR.
Madison pledged $1000 per sale of each of the 225 homes in the Midland and Lawrence area.
Scarborough Health Network Foundation is the charitable arm for three hospitals, Birchmount, General and Centenary; and eight satellite sites. The $225,000 will help fund a new Diagnostic Imagining (DI) concourse at General hospital. DI includes everything from breast health to magnetic resonance imagining (MRI) to bone densitometry, x-rays and ultrasound.
“We’re tremendously grateful to Madison Group for stepping forward with their generous gift to support a new medical imaging concourse at SHN’s General hospital,” SHN Foundation’s president and CEO Alicia Vandermeer said in a statement.
“As we embark on a significant capital fundraising campaign to support our Scarborough hospitals, it’s encouraging to know organizations like Madison Group are committed to supporting our community.”
Madison Group, which started as a family business more than 55 years ago and now owns, develops, and manages residential and commercial properties in Toronto and New York, plans to redevelop the neighbourhood to “one day offer state-of-the-art commercial space and be home to thousands of new residents,” according to the press release.
“A key pillar of the Madison Group brand is to support the development, and/or rejuvenation of the communities in which we build,” said the company’s David Singer, vice president, low-rise communities, in a statement.
“One day, these future homeowners will rely on the care and services provided by Scarborough Health Network, and we are grateful to have this opportunity to help this incredible team of healthcare workers continue to provide world class care to the community of Scarborough.”
In a post about the donation, NKPR’s founder Natasha Koifman made this enthusiastic post on her Instagram: “Madison Group is committed to supporting the communities in which they build…It’s very rewarding to work with clients that prioritize social responsibility and give back to their local community where they can.”