Spokane underused Shriners Hospital in line for closure

Tue, 12 Jan 2021 05:31:02 GMT

The Spokane Shriners Hospital is on the short list for closure as its parent organization staggers from massive investment losses. The Shriners endowment — built from decades of donations, bequests and fundraisers — has fallen to about $5 billion from $8.5 billion within the past year because of the stock market collapse and a drop in new cash gifts.