Here are four notable donations, pledges or bequests given to healthcare reported by Becker’s Hospital Review or other news outlets this week:
1. University of Colorado Anschutz Medical Campus (Aurora) received the largest private gift in its history — a $120 million commitment from the Anschutz Foundation. The donation will support faculty recruitment and retention, research opportunities, industry partnerships and the construction of a 390,000-square-foot health science building.
2. Mission Health (Ashville, N.C.) pledged to donate $90 million to hospital foundations in six rural communities, but with a twist. The provider said the donation will only be made if its proposed sale to Nashville, Tenn.-based HCA Healthcare closes. The funds, which would come from sale proceeds, would be distributed over a three-year period. The gifts would support programs to enhance the health and well-being of the rural communities.
3. Indiana University Health (Indianapolis) received a $10 million gift from Joe Schwarz, a self-made businessman who lost his battle to throat cancer five months ago, and his wife Shelly. The gift will support construction of a cancer center at IU Health North, based in Carmel, Ind. The cancer center, scheduled to open in January 2020, will be named after the donors.
4. Ronald McDonald House Charities, a nonprofit foundation seeking to improve the health and well-being of children, received a record-breaking $100 million gift from AbbVie. The gift, which is the largest in the charity’s history, will expand access to housing and family-centered services for pediatric patients and their families during hospital stays.
More articles on healthcare finance:
South Carolina hospital to close: 4 things to know
Michigan hospital blames ‘aggressive, direct competitor’ for financial troubles
6 latest hospital bankruptcies
