Company to donate up to $75M to Trillium Health
March 8, 2023
MISSISSAUGA, Ont. – A Mississauga-based company has pledged to donate as much as $75 million to help Trillium Health Partners with a major expansion. Industrial real estate developer Orlando Corporation said it will match each donation made up to $75 million in the fundraising effort.
If the full amount is raised, $50 million will go toward the previously announced Peter Gilgan Mississauga Hospital. Gilgan, the founder of homebuilder Mattamy Homes, made a private donation of $105 million last year towards the hospital that will bear his name.
Construction is set to begin on the project in 2025 and, upon completion, the hospital will house over 950 beds – which THP said will make it the biggest hospital in the country.
“Orlando Corporation’s extraordinary matching gift, the largest of its kind ever, promises to encourage the spirit of giving across our entire community to create a new kind of healthcare in the West GTA,” THP Foundation president and CEO Caroline Riseboro (pictured) said last week.
“This inspiring gift will double the impact of all donations from the community, magnifying their support to allow the hospital to accomplish even more.”
THP said the balance of the potential $75-million donation will go towards the construction of a two-storey mental health inpatient unit at the hospital and to support the hospital network’s research and innovation incubator.
THP said the new space will almost triple the size of the current site and will span 2.8 million square feet.