PLEDGE OF SUPPORT TO SPECTRUM HEALTH HOSPITALS, A NONPROFIT HOSPITAL. ANNUAL PAYMENTS OF 5% OF THE AVERAGE FAIR MARKET VALUE OF THE FOUNDATION'S ASSETS BASED ON A THREE YEAR ROLLING AVERAGE ARE TO BE DISBURSED ANNUALLY TO HONOR THE PLEDGE. IN 2023, THE ORGANIZATION MADE THE SECOND PAYMENT ON A MULTIYEAR COMMITMENT TO ASSIST IN CONSTRUCTION OF A NEW BUILDING.
