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A multi-million dollar gift to Toledo announced

(WTVG)
Published: Oct. 17, 2017 at 6:45 AM EDT
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A multi-million dollar gift to help strengthen local neighborhoods is expected Tuesday.

Promedica will announce a 10-year, $50 million program to help revitalize metro Toledo and surrounding communities.

More than half the investment is a gift from Carolee Ebied and her late husband Russell.

The Ebeid Promise is a community initiative to strengthen neighborhoods by focusing on health, education, jobs and family stability.

A significant portion of the investment will include a $28.5 million gift from the Ebeids. The rest of the funding will come from combined community fundraising and matched investments from Promedica.

The Ebeid neighborhood program will offer a full range of social and educational services with a specific focus on children and families. Promedica will also rename Toledo Children's Hospital to honor Mr. Ebeid.

Ebeid was a glass industry executive in Southeast Michigan who is known for his many generous donations in the Toledo community.