Articles on Philanthropy

Elevating Philanthropy: a Board Primer

Forward-thinking health care organizations are exploring alternative revenue sources, with many recognizing philanthropy as a pivotal opportunity.

Why Hospitals Should Launch a Fundraising Campaign Now

After years of financial constraints that have limited growth, innovation and transformation, hospitals and health systems must now prioritize these ambitions — and a philanthropy campaign can serve as the catalyst.

Aligning Strategy and Philanthropy

Given how philanthropy deployment can significantly influence a health care organization’s ability to invest in future opportunities and outcomes, organizations should pursue alignment between strategy and philanthropy.

When Hospital/Health System and Foundation Boards Intersect

Times are clearly changing. Amid historically high labor costs and evolving care delivery and reimbursement models, hospitals and health systems are looking beyond cost-cutting to strengthen and sustain services for their communities. Leadership is being increasingly strategic about identifying and leveraging areas that can support the financial health of their organizations.

The Role of the CEO in Health Care Philanthropy

Foundation board members spearhead efforts to advance philanthropy for the supported health care organization. However, their charge is not to shoulder this responsibility alone. Instead, this mission is carried out in partnership with other organizational allies including the health care organization CEO. The CEO not only enunciates the organizational vision to engage and inspire donors but also marshals various forms of internal and cultural support.

How Boards Can Encourage Philanthropy to Benefit Hospitals and Communities

One of the top reasons people give for joining a board is to be part of ensuring the organization achieves its mission. Hospital and health system trustees with this purpose top of mind can work to put a greater focus on their organization’s philanthropic foundation. Charitable giving enables investments in patient care that maximize the health of communities and fulfills a hospital’s or health system’s mission.