Philanthropist commits $225M to 6 children’s hospitals

Advertisement

Philanthropist Tom Golisano has committed $225 million to six children’s hospitals, expanding the Golisano Children’s Alliance to 21 members nationwide.

The six recipients are:

  • Children’s Minnesota (Minneapolis) — $35 million
  • Dartmouth Health Children’s (Lebanon, N.H.) — $30 million
  • Johns Hopkins All Children’s Hospital (Wesley Chapel, Fla.) — $40 million
  • Renown Health (Reno, Nev.) — $40 million
  • Children’s Hospital Colorado (Colorado Springs) — $40 million
  • Monroe Carell Jr. Children’s Hospital at Vanderbilt (Nashville, Tenn.) — $40 million

Alongside joining the alliance, each children’s hospital will rebrand campuses or programs to adopt the Golisano name. The network is designed to connect member hospitals for shared learning and collaboration, with the aim of expanding pediatric services and keeping high-quality care accessible to children and families closer to home.

At Renown, the $40 million gift will fund a standalone children’s hospital, replacing the current Renown Children’s Hospital, which operates across several floors of Renown Regional Medical Center in Reno. The gift marks the system’s largest donation in history. 

Mr. Golisano’s investment also marks the alliance’s first westward expansion. The alliance launched in October 2025 with a $403 million commitment and added $125 million in April 2026. Mr. Golisano’s total personal investment in the initiative stands at $753 million, with a long-term goal of reaching 40 member hospitals.

At the Becker's 11th Annual IT + Revenue Cycle Conference: The Future of AI & Digital Health, taking place September 14–17 in Chicago, healthcare executives and digital leaders from across the country will come together to explore how AI, interoperability, cybersecurity, and revenue cycle innovation are transforming care delivery, strengthening financial performance, and driving the next era of digital health. Apply for complimentary registration now.

Advertisement

Next Up in Financial Management

Advertisement