An Overview of the Ronald McDonald House Charities, by Wayne Demeester

With the help of chapters in 57 countries, the Ronald McDonald House Charities (RMHC) enables children with serious diseases to recover alongside their families. RMHC provides a place for families to stay while a child is in the hospital. This service applies to children up to 18 or 21 years of age.

The history of RMHC began in Philadelphia, where the first house opened in 1974, initiated by Dr. Audrey Evans, several members of the Philadelphia Eagles organization, and McDonald’s regional manager Ed Rensi. The first house was sponsored partially with the proceeds of McDonald’s Shamrock Shakes. Since then, donations from McDonald’s, other corporations, and individuals have made possible an expansion to 309 Houses around the world.

Over its nearly 40 years of operation, RMHC has established two other programs to carry out its mission. The Ronald McDonald Family Rooms, located in hospitals, provide such services as shower and laundry facilities, Internet access, and a quiet room. The Ronald McDonald Care Mobiles travel to underserved areas and offer education, diagnosis, and treatment to meet pediatric medical needs.

About Wayne Demeester: A former board member of Ronald McDonald’s Children’s Charities, investment adviser Wayne Demeester assisted RRS & Company of Tempe, Arizona, in raising $100 million for its Private Equity Pathfinder Fund.