The Sebastian Ferrero Foundation Receives a $5 Million Gift From Google Executive for Children's Hospital

GAINESVILLE, Fla., September 3, 2009 — Following the unimaginable loss of
their son Sebastian less than two years ago, Horst and Luisa Ferrero created
the Sebastian Ferrero Foundation with a mission to improve child patient
safety and develop a full-service children's hospital. Today the stars have
aligned for the Foundation with two significant steps forward. The Sebastian
Ferrero Foundation, the University of Florida and Shands HealthCare have
agreed to conduct an analysis of the attributes and resources of premier
children's hospitals in a cooperative effort to achieve a level of patient
safety and quality that is second to none in a full-service environment
devoted to children. The Foundation has also just received a commitment for a
$5 million gift--which represents significant progress toward the
philanthropic support necessary to move this project closer to achieving its
fundraising goal.