Sisters’ trust benefits children’s hospital
Gregory Carbon, almost 5, of Boardman, and his mother, Sharon Carbon, were on hand for the presentation of more than $1 million to Akron Children’s Hospital Mahoning Valley in Boardman from the Kikel Charitable Trust. Greg had his tonsils and adenoids removed in February at the hospital’s pediatric surgery unit, which was named The Kikel Center for Pediatric Surgery in honor of the gift. Mrs. Carbon said Tuesday her son received great treatment from start to finish.
Akron Children’s Hospital Mahoning Valley, located in Boardman, received a donation exceeding $1 million from the Kikel Charitable Trust. Posing with the check Tuesday , from left, are James H. Sisek, president and chief executive officer of Farmers Trust, which holds the Kikel Trust; Sharon Hrina, vice president of Mahoning Valley Enterprises; and William Considine, president and CEO of Akron Children’s Hospital.
Mahoning Valley Akron Children’s Hospital Mahoning Valley is a 32-bed pediatric hospital in Boardman offering 24/7 emergency services, a hematology/oncology clinic and infusion center, as well as radiology, laboratory and rehabilitation services. The hospital’s 2010 operating budget was $43 million. It had 439 employees at the end of 2010.
Activity since the hospital opened in December 2008:
Emergency room visits: 53,484
Inpatient and observation visits: 5,012
Special care nursery admissions: 1,174
Pediatric subspecialty visits: 35,569
Blood and cancer center visits: 6,359
Source: Akron Children’s Hospital Mahoning Valley
By William K. Alcorn
The Kikel sisters, Angela, Josephine and Jenny, of Boardman, though themselves childless, continued their longtime interest in the welfare of children through their estate trust by donating $1,070,000 to Akron Children’s Hospital Mahoning Valley.
“The Kikel sisters ... always shared a deep concern for children. The Kikel Charitable Trust is pleased to assist Akron Children’s Hospital of the Mahoning Valley to provide quality health care to children in the Valley in perpetuity. The Kikels’ generosity is a unique gift that will continue to give forever,” said James H. Sisek, president and chief executive officer of Farmers Trust Co., in presenting a check Tuesday to the children’s hospital.
The donation is an accumulation of earnings of the Kikel Trust, which has about $14 million in assets, since Tod Children’s Hospital, the former beneficiary of half of the trust’s annual earnings, closed July 1, 2007, Sisek said.
Based on a March 2011 decision by Mahoning County Probate Court Judge Mark Belinky, Akron Children’s Mahoning Valley receives Tod Children’s share of the earnings from the Kikel Trust, which is shared equally with St. Elizabeth Health Center.
Sisek estimated future annual distributions of earnings to each hospital would be about $250,000 in perpetuity.
Upon accepting the Kikel Trust donation, William H. Considine, president and CEO of Akron Children’s Hospital, named the pediatric surgery unit at Akron Children’s Mahoning Valley, which opened in October 2010, The Kikel Center for Pediatric Surgery.
Naming the surgery center after the Kikel sisters honors their generosity and provides permanent recognition of the commitment of Angela, Josephine and Jenny Kikel to the health of children of the Mahoning Valley, Considine said.
“We are honored to carry on the wonderful legacy left by the Kikel sisters, and this initial distribution of $1,070,000 will set the standard which will advance pediatric health care in the Valley,” Considine said.
Sisek said Angela, Josephine and Jenny never married and lived together in Boardman. Although they never earned a significant amount of money, through a combination of frugal living, savings and fortuitous investments, they amassed a sizable estate.
The sisters all died in 1998 — Josephine on Jan. 11, Jenny on Jan. 12 and Angela on Nov. 28. Upon Angela’s death, the Kikel Charitable Trust was created to provide ongoing support to local hospitals that care for children, he said.