Sunday, June 17, 2018
Providence Tarzana Reimagined Gains Los Angeles City Council Approval
A respected presence in the Southern California financial sphere, Allison Clago engages as a managing director of investments at Wedbush Securities, Inc. With a strong philanthropic presence in the Tarzana community where she grew up, Allison Clago contributed more than $1 million to the Providence Tarzana Medical Center Foundation in January 2018.
These funds will be allocated within the ambitious, $540 million “Providence Tarzana Reimagined” initiative, which received final Los Angeles City Council approval in April and is slated for completion by 2022. With construction set to begin in the summer, a new state-of-the-art hospital is envisioned that will enhance the capacities of an institution that has served Tarzana patients since 1973.
The redevelopment includes a core pledge by Providence Tarzana to renew and expand its commitment toward serving the needs of those with mental health issues and struggling with homeless. Operating as a not-for-profit system, the hospital already funds programs that assist vulnerable populations through commitments of millions of dollars annually.
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