Bank of America awards grant to Terry’s House

Bank of America Charitable Foundation became the first corporate donor-investor to Terry’s House with a $250,000 gift to Community Medical Foundation just before Christmas. The money will be used to help build a hotel-like facility where burn and trauma patients’ families can stay while their loved ones receive critical care at Community Regional Medical Center.

While Bank of America Charitable Foundation’s past contributions have gone toward affordable housing, workforce development and education in the Fresno area, Rudy Medina, market president for Bank of America, said this project fit the bank’s goals. Not only does it help accelerate Community Medical Centers’ downtown redevelopment efforts in Fresno, but it also helps position the Valley’s largest health care provider in a league with other major medical centers who have similar extended living facilities for patients’ families.

“Bank of America has been in Fresno for 90 years, our associates live here, and we truly care about this community,” Medina said. “A traumatic experience, whether it's from an accident or fire, does not discriminate – it can touch anyone at anytime. When it does, we want them to have the best possible care.”

The 17,000-square foot, two-story house with 20 guest rooms will be built across Fresno Street from the Table Mountain Rancheria Trauma Center and the Leon S. Peters Burn Center at Community Regional. Groundbreaking is planned for February.

The hospital has the only burn and Level 1 trauma centers between Sacramento and Los Angeles and treats patients from a nine-county region. Nearly half of Community Regional’s burn patients are children whose parents often must travel long distances and find motel rooms during burn treatments.

Tim Joslin, Community’s chief executive officer, thanked Bank of America. “This is no small gesture. Bank of America has a history of supporting high-impact projects and organizations,” Joslin said. “This gift will make a significant difference for our patients and their families.”

Tom Richards, chief executive officer of Penstar Group, said his own family experienced the hardship and emotional toll of having a loved one in intensive care miles away when his brother was hurt in an accident as a child. Richards started the Terry’s House project with an initial $500,000 gift and a pledge to give his time as developer and construction manager. The foundation is working to raise $3 million for construction and $7 million for an endowment to operate and sustain the home.

“We are thrilled to have a small part in helping to build Terry's House,” Medina said, urging others in the community to follow the banking corporation’s lead. “We will continue to evaluate our opportunities to help this worthwhile cause.”


This story was reported by Erin Kennedy. She can be reached at ekennedy@communitymedical.org