Firstrust Bank announced today it is providing a construction financing loan for the expansion of the Philadelphia Ronald McDonald House (PRMH) located at 3925 Chestnut Street. 

This project includes the addition of a new 93,000 square foot tower that will increase the size of the facility to 104 guest rooms. This expansion will enable PRMH to more than double the number of families currently staying at the House. These families are provided with a “home away from home” as they care for their children receiving medical care at Philadelphia hospitals, particularly The Children’s Hospital of Philadelphia (CHOP).

“The Philadelphia Ronald McDonald House provides an invaluable service to families who otherwise could not afford the many expenses associated with caring for seriously ill children as they receive their ongoing medical care" said Richard J. Green, Firstrust Chairman and CEO.  He continued, "It gives the employees of Firstrust great pleasure to continue to support the expansion of this fine organization by financing the growth of this extraordinary facility."

"The Green Family Foundation is also pleased to support this worthy endeavor by making a donation of $1MM to the Philadelphia Ronald McDonald House Capital Campaign," said Mr. Green.

Since its founding in 1934 by Samuel A. Green, Firstrust Bank and the Green Family continue its steadfast commitment to serving its communities. 

“As PRMH embarks on the largest expansion project in our history, we are proud of our strong relationship with Firstrust Bank and are also extremely grateful for the generosity of the Green Family Foundation,” said Susan Campbell, Executive Director of the Philadelphia Ronald McDonald House.

“The Firstrust team has been committed to supporting our families for several years, including volunteering as part of our Guest Chef Program. Firstrust now plays a pivotal role in the success of this critical project to serve many more families with seriously ill children who are traveling to Philadelphia for the best pediatric medical treatment,” she said.

Groundbreaking is set for Wednesday, June 28, 2017, with an anticipated early 2019 completion date.