OrthoWorx Awarded Matching Grant
OrthoWorx announced today that the Franklin I. and Irene List Saemann Foundation has awarded a $30,000 grant to the Orthopedics Capital Foundation to support OrthoWorx’s ongoing charitable and educational initiatives to secure and advance the region’s current position as the Orthopedic Capital of the World.®
Because of a dollar-for-dollar match from Lilly Endowment Inc., the Saemann Foundation grant will actually result in a total of $60,000 in funds that will be invested in the Warsaw region.
The Lilly Endowment recently granted $4 million to the Orthopedics Capital Foundation, which supports OrthoWorx’s charitable and education work. The Endowment’s grant also included a dollar-for-dollar matching opportunity that would increase the total grant to $7.5 million if OrthoWorx can secure $3.5 million in contributions or pledges by Oct. 15.
“We want to thank the Saemann Foundation for this tremendous expression of support for our efforts to make the environment in our region as positive as possible for the economic growth that will benefit our entire community,” said Sheryl Conley, OrthoWorx president and CEO. “We are especially gratified that, when informed of our match opportunity and that the opportunity would end on Oct. 15, the Foundation took the unusual step of approving a grant outside of their regular review cycle. We hope all individuals and organizations with a connection to orthopedics will act with the urgency and commitment that the Saemann Foundation demonstrated.”
Individuals or companies interested in financially supporting OrthoWorx’s initiatives in the region can make a contribution electronically at www.kcfoundation.org/OrthoWorxmatch. Also, individual and organization pledge forms and a “case statement” providing more details about OrthoWorx and the match opportunity can be accessed at www.orthoworxindiana.com.