ConocoPhillips pledges $1M to new St. Joe’s Hospital
Bakken operator ConocoPhillips has pledged $1 million to Dickinson’s under-construction St. Joseph’s Hospital, the hospital announced Tuesday.
With the latest gift, the foundation has raised nearly $10 million of its $15 million goal for private fundraising St. Joseph’s Hospital spokeswoman Stephanie Fong said.
The other $85 million for the project is coming from parent company Catholic Health Initiatives.
ConocoPhillips’ donation will come in the form of $250,000 a year for four years.
Development of the new hospital, planned to open in fall 2014, was ramped up when the oil boom hit Dickinson and brought with it rapid population growth.
“This new facility will be a great addition to serve the people living in the area and working to grow the state’s energy economy,” ConocoPhillips Bakken operations manager Greg Ashdown said in a press release.
The company has field offices in Dickinson, Watford City and Sidney, Mont., and is currently running 11 rigs in the Bakken.
“They just feel that the Bakken is such an important place right now,” Fong said, “and they have an office here and they’re investing a lot here and they want to see health care continue to grow.”
“It’s just really exciting to have another really large gift to keep the momentum going on the campaign,” she said.
Fong said the hospital had been in talks with ConocoPhillips about the donation for the past few months.
The other largest gift the campaign has netted is another $1 million from Marathon Oil back when the campaign kicked off.