09/22/2020
Banner Alzheimer’s Foundation has received a $10 million charitable investment from the family of the late J. Orin Edson for innovative dementia care and caregiver support for patients and families living with Alzheimer’s disease and other memory disorders. The investment will create new programs and expand existing services available to patients at one of Banner Alzheimer’s Institute’s specialty memory centers, which includes the Stead Family Memory Center in Phoenix, the Toole Family Memory Center in Tucson, and the Cleo Roberts Center at Banner Sun Health Research Institute in Sun City. This generous gift honors the memory of J. Orin Edson, who built the iconic Bayliner recreational boating company, and died last year at the age of 87.
A patient receiving an Alzheimer's evaluation last year at Banner Alzheimer's Institute.
“Alzheimer’s and related dementias take devastating tolls on patients and family caregivers as well,” said Eric Reiman, MD, Banner Alzheimer’s Institute executive director and Banner Research CEO. “The Edson family’s extraordinary investment will allow us to introduce new programs, further address our families’ needs, extend our reach across the state and country, and provide the highest standard of dementia care that every family deserves. The impact of this investment will be far-reaching.”
Nationwide, some 16 million people provide unpaid care for a loved one with Alzheimer’s or dementia, which can be a long, exhausting, and often lonely experience. Stay-at-home orders and social isolation due to COVID-19 have only increased these feelings among caregivers.
The investment will support Banner Alzheimer’s Institute’s new 24-hour Alzheimer’s and Dementia Support/Resource Referral Center, which will provide much needed, round the clock support to caregivers from a dementia-trained health care professional who is equipped with the patient’s electronic medical record to provide personalized information, education, and support..
“We are grateful for the opportunity to deliver an even greater range and medical and non-medical services for our patients and families and we are excited about the chance to do so in a way that could have an impact on the way dementia care is provided throughout the nation. We look forward to building on these services in the coming year,” Reiman added.
In addition to the 24-7 Alzheimer’s and Dementia Support/Resource Referral Center, the Edson family’s gift will support three other initiatives:
Banner Health President and CEO Peter S. Fine said such generosity is crucial. “Philanthropy has made it possible for BAI to provide the kind of dementia care we would want for our own families, it has given it a chance to help establish a new national standard of dementia care, and it has positioned BAI researchers as world leaders in the effort to find effective Alzheimer’s prevention therapies as soon as possible,” said Fine. “We are so grateful to the Edson family, who now join the Stead and Toole families as our most generous donors, for helping us to make a profound difference in the lives of our patients and families.”
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