LuskinOIC Tears the Mortgage and Looks to the Future

At the 2026 Innovation Gala at Manhattan Beach Studios, Luskin Orthopaedic Institute for Children celebrated an incredible financial milestone. As of that morning, LuskinOIC is officially debt free!

The occasion was highlighted with a “Tear the Mortgage” moment during the gala’s cocktail hour. Led by LuskinOIC Board Chair Craig Ehrlich, former CFO Lannie Tonnu and current CFO Aaron Shimizu combined forces to tear a symbolic mortgage document.

Debt elimination is a monumental accomplishment for a nonprofit medical organization. This ensures that funding can be dedicated to projects such as the Innovation Campaign, as well as enabling LuskinOIC’s core mission of providing the highest quality pediatric orthopaedic care to all patients regardless of their ability to pay.

[Header image: Vice President Michael Sullivan, current CFO Aaron Shimizu, former CFO Lannie Tonnu, and Board Chair Craig Ehrlich]