WCHF receives $1 Million from the 2020 TD Ready Challenge to address the impacts of COVID-19
2021-01-26 9:12:27 AM
Women’s College Hospital Foundation receives $1 Million (CDN) grant from the 2020 TD Ready Challenge to address the impacts of COVID-19
The 2020 TD Ready Challenge awarded to hospital will accelerate the delivery of Women’s Virtual
Toronto, January 26, 2021 – Women’s College Hospital Foundation has been named one of the 15 winners of the 2020 TD Ready Challenge presented by TD Bank Group.
The $1 Million grant from TD will be directed to Women’s Virtual at Women’s College Hospital, for what is considered the world’s first comprehensive strategy to transform the healthcare system through technology, eliminating barriers to care while creating a more efficient, equitable and sustainable healthcare system.
Women’s College Hospital is Canada’s first and only fully independent hospital focussed on advancing women’s health and research. It is also the only fully ambulatory, academic healthcare institution in Canada with a provincial mandate to lead the way in improving the health system for all people. It achieves this by addressing the most pressing health system challenges facing Canadians today and proactively confronting the gender and social inequities that threaten people’s health.
Virtual care, through Women’s Virtual, has proved itself to be critically important during the pandemic. At Women’s College Hospital, the planning and infrastructure for virtual care had been in place since 2018. When the pandemic hit, the hospital was able to move more than 75% of its clinics - including mental health and cardiac rehab - to virtual within three weeks.
Ultimately, the goal of Women’s Virtual is to create a healthcare system in which the majority of a person’s care can be delivered virtually – when and where people need it most. This is of critical importance in breaking down barriers to healthcare for vulnerable, isolated and underserved populations, including Indigenous communities, long-term care residents, homeless populations, newcomers, refugees and more.
The annual TD Ready Challenge is a signature initiative of the TD Ready Commitment, the Bank's corporate citizenship platform, aimed at opening doors to a more inclusive and sustainable tomorrow. TD established the TD Ready Challenge to identify and support scalable solutions that address societal issues identified within the four drivers of the TD Ready Commitment: Financial Security, Vibrant Planet, Connected Communities and Better Health.
In response to the COVID-19 pandemic, the 2020 TD Ready Challenge encouraged applicants from across TD's North American footprint to support innovative solutions that will help create accelerated, sustained and equitable recovery in the face of COVID-19, specifically for communities disproportionately impacted by the pandemic.
In total, TD awarded $10 million (CDN) for the 2020 Challenge, as part of the $25 million (CAD) that TD has allocated to help strengthen community resilience and COVID-19 recovery through the TD Community Resilience Initiative.
"Women’s College Hospital has brought forward a creative and scalable solution to help communities disproportionately impacted by the effects of COVID-19." said Andrea Barrack, Global Head, Sustainability and Corporate Citizenship, TD Bank Group. “Being a recipient of a TD Ready Challenge grant is a testament to the dedication of its creators to helping our communities emerge from the pandemic more resilient, inclusive, and ready for the continually changing future.”
"We are extremely grateful to TD Bank Group for their outstanding support of Women’s Virtual,” said Jennifer Bernard, President and CEO, Women’s College Hospital Foundation. “TD’s grant will help expand and scale medical care to ensure underserved populations receive the best possible care, and nobody is left behind due to circumstances beyond their control. For patients living in remote communities or lacking resources to digital tools, WCH is providing direct access to this equipment or alternative outreach.
“Virtual care will allow for a sustained, equitable recovery from the devastation of this pandemic and we are thrilled that, with TD’s support, we can continue to make an impact in communities well beyond our walls, now and in the future.”
A full list of the 2020 TD Ready Challenge grant recipients, as well as more information about the Challenge can be found at www.td.com/readychallenge.
About Women’s College Hospital and Women’s College Hospital Foundation
Women’s College Hospital is Canada’s first and only fully independent hospital focused on advancing women’s health and research. A global leader, it is building on its 100+ year history of identifying and addressing gender and systemic health gaps as it continues to deliver pioneering firsts for women, the vulnerable and the underserved.
Women’s is also the only fully ambulatory, academic healthcare institution in Canada, with a provincial mandate to lead the way in improving the health system for all people. It achieves this by addressing the most pressing health system challenges facing Canadians today and proactively confronting the gender and social inequities that threaten people’s health.
Women’s College Hospital Foundation fuels the hospital’s excellence in research and health care by connecting donors, partners, advocates and volunteers to its mission. We work to bring healthcare equity to the diverse communities in which we live and serve and, together, we are creating a healthier and more equitable world for women and their loved ones.
About the TD Ready Commitment
TD has a long-standing commitment to enriching the lives of its customers, colleagues and communities. As part of its corporate citizenship platform, the TD Ready Commitment, TD is targeting CDN $1 billion (U.S. $775 million) in total by 2030 towards community giving in four areas critical to opening doors for a more inclusive and sustainable tomorrow – Financial Security, Vibrant Planet, Connected Communities and Better Health. Through the TD Ready Commitment, TD aspires to link its business, philanthropy and human capital to help people feel more confident - not just about their finances, but also in their ability to achieve their personal goals in a changing world. For further information, visit td.com/tdreadycommitment.