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Philanthropists needed for hospitals looking to upgrade facilities, advance care


Philanthropists needed for hospitals looking to upgrade facilities, advance care

By Beth Fitzgerald
May 19, 2014 at 1:07 PM

For hospitals that depend on generous donations to modernize their facilities and deliver the latest advances in clinical care — philanthropists are a major lifeline.

This was underscored earlier this month when Ridgewood’s Valley Health System recognized David F. Bolger for giving $40 million in philanthropic gifts since 1999.  And as the president of Bolger & Co. Inc., a real estate and investment firm in Ridgewood with real estate holdings throughout the U.S., he divides his time between Ridgewood and Sarasota, according to Valley.

Audrey Meyers, chief executive of the Valley Hospital and Valley Health System said, “Words cannot express how deeply appreciative we are of David’s extraordinary support. We thank him for the impact his incredible generosity will have on the hundreds of thousands of patients who will be treated at the hospital for years to come.”

 “David Bolger has one guiding philanthropic principle: he wants to ensure his generosity benefits the greatest amount of people,” said Anastasios Kozaitis, president of The Valley Hospital Foundation. “His extraordinary support of Valley is only one facet of his philanthropy. His is a philanthropic spirit that looks to enhance and at times transform the communities for which he cares. David’s giving has allowed Valley to offer our patients the best technology that medicine has to offer. His philanthropy has saved countless lives.”

Bolger’s largest gift was $30 million in 2008 for the renovation of the main campus. Kozaitis said Valley is working with the Ridgewood Planning Board on a revised a redevelopment plan. The board had earlier rejected Valley’s original plan.

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Bolger Prods Village Council on Installation of Spy Cameras


During last night’s Village Council Special Public Meeting, it was revealed that Village officials recently received a rather tersely worded letter from local philanthropist and real estate tycoon David F. Bolger concerning installation of the proposed Bolger Foundation funded, central business district, spy camera system.

It seems as though the installation project isn’t moving fast enough for Mr. Bolger, and he is concerned that the cameras may never be installed. To that end, he has made known his intent to bill Village officials for “engineering and legal fees” of approximately $60K in the event the spy camera project doesn’t progress quickly.

Nice guy that Mr. Bolger, isn’t he? See what happens Mr. Mayor when you take money when strings are attached? I guess the Village will soon be getting a similar letter about the Pease Library project?

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