New Mercy Ship Funding by PIMCO Philanthropists

MarineLink.com
Tuesday, August 06, 2013
Bill & Sue Gross: Photo credit Mercy Ships

Mercy Ships, the charitable hospital ship foundation, is delighted to announce the leadership gift of $20 million from Laguna Beach philanthropists, Sue and Bill Gross.

The funds are designated toward a new hospital ship, currently in the design phase, to join the current hospital ship, the Africa Mercy , in delivering hope and healing to the underserved poor. In honor of this generous donation, the hospital onboard the new ship will be named the Sue and Bill Gross Healing Hospital.

Bill Gross is a founder, Managing Director, and Co-CIO of PIMCO, one of the world’s largest investment management firms based in Newport Beach, California. He is a frequent guest on financial news television and is the author of several investment books.

Sue and Bill oversee their family foundation, which supports organizations that promote education, health, and youth-related issues. The foundation is listed in the “Foundation Search Top 10,000 US Foundations by Assets.”

Mercy Ships, an international medical charity was founded in 1978 by Don and Deyon Stephens. Through free, life-changing surgeries, health care education, and specialty training, Mercy Ships becomes the face of love in action to some of the world’s least developed countries. Wherever the ship docks, people line up by the thousands to receive special surgical and medical care that is provided without regard to race, gender, or religious preference.

Sue Gross, President of the Gross Family Foundation, stated, “We are thrilled and proud to partner with Mercy Ships in delivering transformational healthcare to those who do not have any other access to such care. We believe in what Mercy Ships stands for, and we are excited about helping to bring hope and healing to people in need.”
 
 http://www.mercyships.org.
 

Maritime Reporter June 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

USCG Galveston Unit Change of Command

A change-of-command ceremony will be held Thursday morning, July 24, to see a Coast Guard lieutenant commander and graduate of Houston's Alief Hastings High School, Lt.

Panama Canal to Celebrate 100 Years

To commemorate its centennial, the Panama Canal will host a series of events August 14-15 in Panama City to highlight the impact of the waterway during the past century.

Statoil, Repsol, ExxonMobil Win Colombian Offshore License

Statoil announced today that it has been awarded interest in the COL4 license offshore Colombia in the Caribbean Sea in the 2014 Colombia Licensing Round, along with Respol and ExxonMobil.

Finance

Trading Dutch Well Placed to Pursue Russia Sanctions

The seafaring Netherlands prides itself on being a trading nation, reluctant to let politics get in the way of a good deal. But since the downing, allegedly

Navios Announces VLCC Delivery

Navios Maritime Acquisition Corporation, an owner and operator of tanker vessels, has announced that the Nave Electron, a 2002-built VLCC of 305,178 dwt, was delivered

Scorpio Tankers: Latest Financial & Ship Delivery News

Scorpio Tankers Inc. says it has updated its stock buyback program; lists its latest new vessel deliveries, and gives the release date of its second quarter 2014 earnings report.

People in the News

USCG Galveston Unit Change of Command

A change-of-command ceremony will be held Thursday morning, July 24, to see a Coast Guard lieutenant commander and graduate of Houston's Alief Hastings High School, Lt.

Concordia Finally Heads for Scrapyard

The rusty hulk of the Costa Concordia began its journey to the scrapyard on Wednesday, after a two-year salvage operation off the Italian island where the cruise liner capsized two years ago,

Costa Concordia: Operations to Tow the Wreck Begin

Maneouvres began early on Wednesday to remove the rusty hulk of the Costa Concordia cruise liner from the Italian island where it struck rocks and capsized two years ago, killing 32 people.

 
 
Maritime Contracts Maritime Security Maritime Standards Offshore Oil Pipelines Port Authority Ship Repair Ship Simulators Shipbuilding / Vessel Construction Sonar
rss | archive | history | articles | privacy | terms and conditions | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1302 sec (8 req/sec)