Partnership Provides Long Term Financing to TRHS., as Ethos Asset Management INC invests through its Philanthropic Financing Facility.
SAN DIEGO, October 15, 2021--(BUSINESS WIRE)--ETHOS ASSET MANAGEMENT INC USA, announced a new long-term financing partnership with TRHS., with a significant capital infusion amount of USD $8 Million, that will continue for several years. The funds will help TRHS, a non-profit health care provider, build a new clinic that makes medical, dental and behavioural health more accessible to residents in the rural Idaho communities it serves. The TRHS integrated model enables doctors, dentists and counsellors to work together under one roof providing the best coordinated care possible for patients.
A series of capital disbursements to TRHS will occur over the next year. Ethos Asset Management has generously offered to sustain and increase funding for TRHS in the future. The company funds its ongoing commitment by setting aside 8% of its annual profits into a Philanthropic Financing Facility or PFF, being distributed globally by Ethos.
Carlos Santos, President, and CEO of Ethos stated, "We are honoured to be a partner and investor in such a great organisation, cause and system that reaches many people, communities and vulnerable individuals in such a caring way. When I was first introduced to TRHS, I was so humbled to hear and see the work that they do and remained in awe that such an organisation exists with passion and belief in serving others. This is a great organisation and project with values and achievements that make us all feel proud and inspired that our fellow human beings can deliver this on a daily basis. This investment is made through our Philanthropic Financing Facility which converts to a grant based on certain conditions which I have absolutely no doubt will be met by TRHS in no time at all".
"This is truly an incredible investment in our organization. We are so thankful that Ethos sees the value of Terry Reilly’s mission. This investment allows us to provide high quality, accessible care across Idaho’s Treasure Valley. Terry Reilly Health Services is now in a better position to keep pace with the needs of the rapidly growing communities we serve," says Heidi Hart, Chief Executive Officer for Terry Reilly Health Services.
About Ethos Asset Management:
Ethos Asset Management (Ethos) is an independent, US-based company with a global reach in resource mobilization and project financing. Providing financing to government and privately promoted projects in every continent and every sector, Ethos has developed a unique risk modulation model which allows them to provide financing in terms not available anywhere in traditional financial markets. Additionally, Ethos provides advice to structure projects and restructure debt. Ethos supports and develops their clients to navigate changing market environments to achieve their long-term goals with confidence.
For more information about Ethos, please visit:
About Terry Reilly Health Services (TRHS):
Terry Reilly Health Services is a non-profit community health center responding to unmet healthcare needs in Southwest Idaho. In its half century history, it has evolved from a single clinic providing medical care to agricultural workers, into Idaho’s largest community health center offering medical, dental, behavioral health and pharmacy services to people from every background to improve the health and wellness of our communities.
For more information about Terry Reilly Health Services, please visit:
View source version on businesswire.com: https://www.businesswire.com/news/home/20211015005652/en/
Heidi Hart email@example.com