Mercy Ships Receives $20 Million Gift from PIMCO Founder, Bill Gross and wife, Sue Gross

Funds are designated toward a new hospital ship, currently in the design phase.

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PIMCO Founder Bill Gross, with his wife Sue Gross

Sue Gross, President of the Gross Family Foundation, stated, “We are thrilled and proud to partner with Mercy Ships in delivering transformational healthcare to those who do not have any other access to such care.

Garden Valley, TX (PRWEB) August 05, 2013

Mercy Ships is delighted to announce the leadership gift of $20 million from Laguna Beach philanthropists, Sue and Bill Gross. The funds are designated toward a new hospital ship, currently in the design phase, to join the current hospital ship, the Africa Mercy, in delivering hope and healing to the underserved poor. In honor of this generous donation, the hospital onboard the new ship will be named the Sue and Bill Gross Healing Hospital.

Bill Gross is a founder, Managing Director, and Co-CIO of PIMCO, one of the world’s largest investment management firms based in Newport Beach, California. He is a frequent guest on financial news television and is the author of several investment books.

Sue and Bill oversee their family foundation, which supports organizations that promote education, health, and youth-related issues. The foundation is listed in the “Foundation Search Top 10,000 US Foundations by Assets.”

Mercy Ships, an international medical charity was founded in 1978 by Don and Deyon Stephens. Through free, life-changing surgeries, health care education, and specialty training, Mercy Ships becomes the face of love in action to some of the world’s least developed countries. Wherever the ship docks, people line up by the thousands to receive special surgical and medical care that is provided without regard to race, gender, or religious preference.

Sue Gross, President of the Gross Family Foundation, stated, “We are thrilled and proud to partner with Mercy Ships in delivering transformational healthcare to those who do not have any other access to such care. We believe in what Mercy Ships stands for, and we are excited about helping to bring hope and healing to people in need.”

Don Stephens, President and Founder of Mercy Ships, emphasized the significance of the gift, saying, “We welcome the partnership of Sue and Bill Gross in offering increased access to healthcare to the underserved in Africa through the support of another hospital ship. This next ship will allow us to serve more than twice as many people and train more medical professionals, significantly increasing our impact. It is a tremendous privilege for Mercy Ships to be counted among the charities that the Gross family has so generously chosen to selflessly impact lives through.”

ABOUT MERCY SHIPS:
Mercy Ships uses hospital ships to deliver free, world-class healthcare services, capacity building and sustainable development to those without access in the developing world. Founded in 1978 by Don and Deyon Stephens, Mercy Ships has worked in more than 70 countries providing services valued at more than $1 billion, impacting more than 2.42 million direct beneficiaries. Each year Mercy Ships has more than 1,600 volunteers from more than 45 nations. Professionals including surgeons, dentists, nurses, healthcare trainers, teachers, cooks, seamen, engineers, and agriculturalists donate their time and skills to the effort. Mercy Ships seeks to transform individuals and serve nations one at a time. For more information, click on http://www.mercyships.org.


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  • Mark Porterfield
    PIMCO Media Relations
    949-720-6397
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