Hospitals
A Closer Look at the Philanthropy of Panda Express Founders Andrew and Peggy Cherng
We here at IP frequently come across donors who, after years of substantial public philanthropy, ramp up their mega-giving to an even more rarefied level. Such was the case last September, when Andrew and Peggy Cherng, the founders and owners of the … [Read more...] about A Closer Look at the Philanthropy of Panda Express Founders Andrew and Peggy Cherng
“The Joy of Helping Others.” Major Democratic Donor Donald Sussman on His Philanthropy
Born in New York but raised in Miami Beach, Donald Sussman showed a knack for making smart bets early on. He started following the stock market as a preteen and made a $300 investment in sugar, having correctly sensed the impact of the impending … [Read more...] about “The Joy of Helping Others.” Major Democratic Donor Donald Sussman on His Philanthropy
A Closer Look at the Philanthropy of Tech Billionaire Couple Phillip and Susan Ragon
On June 18, representatives from the Ragon Institute of Massachusetts General, the Massachusetts Institute of Technology and Harvard University gathered in Cambridge to commemorate the opening of the institute’s new headquarters. A photo on … [Read more...] about A Closer Look at the Philanthropy of Tech Billionaire Couple Phillip and Susan Ragon
Behind an Early Nvidia Employee’s Big Gift for Healthcare AI
Nvidia cofounder and CEO Jensen Huang and his wife Lori recently became centibillionaires, powered by the company’s leading role in manufacturing the GPU chips that help make AI systems possible. However, the Huangs aren’t the only Nvidia insiders … [Read more...] about Behind an Early Nvidia Employee’s Big Gift for Healthcare AI
“Evidence to Action.” The Commonwealth Fund’s Evolving Approach to Healthcare Equity
Everything about Dr. Joseph Betancourt’s background made him a perfect fit for the job he now holds — president of the Commonwealth Fund. Born in Puerto Rico and raised in New York City, he says that like the many patients he has served as a primary … [Read more...] about “Evidence to Action.” The Commonwealth Fund’s Evolving Approach to Healthcare Equity
Julia Koch Has a New Foundation. What Can We Expect From the Family’s Future Giving?
In the last few years, Walmart heiress Alice Walton and Julia Koch — the widow of David Koch — have been sitting at the top of Forbes’ America’s Richest Women list. Julia Koch is currently worth $64.3 billion and someone with the potential to become … [Read more...] about Julia Koch Has a New Foundation. What Can We Expect From the Family’s Future Giving?
L.A. Foundations Back Renovation of a Historic Facility Serving Children with Visual Impairments
Since 1938, the Blind Children’s Center in Los Angeles has provided early care and education for young children with visual impairments and other disabilities. Now, with the help of several philanthropies, the historic building where the center is … [Read more...] about L.A. Foundations Back Renovation of a Historic Facility Serving Children with Visual Impairments
Bloomberg Backs New High Schools Tailored to Boost the Healthcare Workforce
Bloomberg Philanthropies just unveiled a $250 million initiative to “graduate students directly into high-demand healthcare jobs” by standing up new high schools specifically focused on that task. It’s simultaneously aiming to address health system … [Read more...] about Bloomberg Backs New High Schools Tailored to Boost the Healthcare Workforce
A Billionaire Couple Takes Aim at the Medical Debt Weighing Down American Families
Imagine if you had an illness or accident that sent you to the hospital, racking up an enormous medical bill. You get out of the hospital, and now you have to choose between buying groceries — or medicine, or school supplies for your child, or … [Read more...] about A Billionaire Couple Takes Aim at the Medical Debt Weighing Down American Families
Why This Family Foundation Placed a Big Bet on Nurses
The Simms/Mann Institute and Foundation was founded by real estate developer Ronald A. Simms and his wife Victoria Mann Simms, a veteran clinical psychologist and child development specialist. Based in Los Angeles, Simms/Mann Family Foundation gives … [Read more...] about Why This Family Foundation Placed a Big Bet on Nurses
A South Florida Real Estate Couple Come Out of the Gates Strong With an Active New Foundation
The tech industry may have all the buzz, but the real estate sector remains one of the most robust engines of wealth creation in the country. Developers, builders, investors and property owners are among the nation’s richest people, and a growing … [Read more...] about A South Florida Real Estate Couple Come Out of the Gates Strong With an Active New Foundation
“Aligning to a North Star of Health Equity.” Five Things to Know About Texas’ St. David’s Foundation
As one of the largest health systems in Texas, St. David’s HealthCare is a partnership between hospital management company HCA Healthcare and two nonprofits — St. David’s Foundation and Georgetown Health Foundation. The company was established in … [Read more...] about “Aligning to a North Star of Health Equity.” Five Things to Know About Texas’ St. David’s Foundation
With the Help of Local Donors, a Children’s Health Campaign is Edging Closer to a Big Goal
Intermountain Health is closing in on a $600 million fundraising goal, described by the health system as “the most ambitious philanthropic initiative ever undertaken” to improve children’s health in Utah and the surrounding region. Launched in … [Read more...] about With the Help of Local Donors, a Children’s Health Campaign is Edging Closer to a Big Goal
What’s New With Barbra Streisand’s Philanthropy?
Hollywood legend Barbara Streisand, 80, boasts a career that spans six decades. She broke out at just 19, when she debuted on Broadway in the 1962 musical comedy “I Can Get It For You Wholesale.” Since then, she’s been in a slew of roles in theater … [Read more...] about What’s New With Barbra Streisand’s Philanthropy?
Six Questions for Dr. Laura Gerald of Reynolds Trust, as it Reckons With its Past and Plans for the Future
To mark its 75th anniversary, the Kate B. Reynolds Charitable Trust made a startling announcement: the organization, which was built on the R.J. Reynolds Tobacco Company fortune, will completely divest from tobacco by the end of 2022. The R.J. … [Read more...] about Six Questions for Dr. Laura Gerald of Reynolds Trust, as it Reckons With its Past and Plans for the Future
Six Things to Know About How a Foundation Involved Nurses in “Reimagining” Their Profession
It seems like ages ago that ordinary citizens banged pots in the streets to thank the nurses and healthcare heroes working on the front lines of a raging pandemic. The cheers have since died down, but the virus stubbornly remains, leaving nurses … [Read more...] about Six Things to Know About How a Foundation Involved Nurses in “Reimagining” Their Profession
For Packard, a Family Legacy Fuels Cutting Edge-Care for Mothers and Babies
More than three decades ago, Lucile Packard set out to create a hospital to promote the health of mothers, infants and children. Today, the Lucile Packard Children’s Hospital Stanford, which opened in 1991 and merged with Stanford University Medical … [Read more...] about For Packard, a Family Legacy Fuels Cutting Edge-Care for Mothers and Babies
Seven Rounds, $100 Million. How a Global Foundation Responded During the Pandemic Year
As things stand, the pandemic’s driven more than 1,500 funders to make at least 50,000 grants totaling $25.5 billion. Some made high-dollar commitments right away and took time doling it out. Others invested sporadically as needs evolved. Some are … [Read more...] about Seven Rounds, $100 Million. How a Global Foundation Responded During the Pandemic Year
How a Quiet Family of Southern California Donors Is Helping Transform Cancer Care in the Region
Reticent to speak publicly about their giving, the Chao family of Orange County, California, have long been quiet but leading donors in the region, with a big focus on cancer care and treatment. And now, with a new $20 million gift to the University … [Read more...] about How a Quiet Family of Southern California Donors Is Helping Transform Cancer Care in the Region
As Maternal Mortality Spikes in the U.S., Who is Stepping Up for Mothers?
America has the highest maternal mortality rate among developed countries, a rising health crisis that’s driven by inequities of race, place and socioeconomic status. Expectant mothers in the U.S. today are twice as likely to die in childbirth as … [Read more...] about As Maternal Mortality Spikes in the U.S., Who is Stepping Up for Mothers?
How One Foundation Is Fueling Hope and Feeding Healthcare Workers in Colorado
It’s unclear exactly how it started or when, precisely, it stopped. Few people still engage in the early-pandemic ritual of cheering from windows and clanging pans to honor healthcare workers. Yet more than a year after the first COVID-19 cases were … [Read more...] about How One Foundation Is Fueling Hope and Feeding Healthcare Workers in Colorado
Backed by a Billionaire, a New York Hospital Takes on Health Disparities
COVID-19’s disproportionate impact on people of color cast a harsh light on the racial disparities in our health system. Statistics tell the story: During the peak months of the pandemic, Native Americans, Hispanics and Black Americans were twice as … [Read more...] about Backed by a Billionaire, a New York Hospital Takes on Health Disparities
Home Depot Founder Arthur Blank Talks Big New Gifts and His Philanthropic Legacy
Starting from humble beginnings in a Jewish family in Sunnyside, Queens, Arthur Blank, 78, co-founded Home Depot along with Bernie Marcus in 1978. He started his career as an accountant before moving into the home improvement business and launching … [Read more...] about Home Depot Founder Arthur Blank Talks Big New Gifts and His Philanthropic Legacy
How a Private Foundation Backed Trusted Partners When Crisis Struck its Home Region
Though the epicenter of COVID-19 in the United States has shifted to other regions, in early spring, New York and New Jersey were the national hot spot, accounting for the bulk of the country’s cases and deaths. One family in Freehold, New Jersey, … [Read more...] about How a Private Foundation Backed Trusted Partners When Crisis Struck its Home Region
With Donor Backing, Hard-Hit Bronx Becomes a Center for COVID-19 Research
Billionaire Michael F. Price, who runs the New York-based MFP Investors hedge fund, has long supported medical research and community health in low-income neighborhoods of New York City. For example, funding from his Price Family Foundation has gone … [Read more...] about With Donor Backing, Hard-Hit Bronx Becomes a Center for COVID-19 Research
A Silicon Valley Donor Looks to Jumpstart a Push to Find a COVID-19 Medicine
With so much money being mobilized to develop COVID-19 vaccines and therapeutics, you’d think pretty much the full spectrum of potential medical solutions would be under the microscope by now. But Silicon Valley entrepeneur and philanthropist Steve … [Read more...] about A Silicon Valley Donor Looks to Jumpstart a Push to Find a COVID-19 Medicine
In Harm’s Way: How Philanthropy is Supporting Frontline Health Workers During COVID-19
It takes guts to report for a hospital shift these days. Frontline health workers face the physical and emotional tolls of treating high-risk patients while exposing themselves—and by extension their own families—to a deadly disease. Care protocols … [Read more...] about In Harm’s Way: How Philanthropy is Supporting Frontline Health Workers During COVID-19
What is the Top U.S. Health Philanthropy Doing in Response to COVID-19?
The COVID-19 pandemic has mobilized philanthropy more broadly than any event in recent years, prompting organizations across the sector to respond with emergency grantmaking and speedily developed funding programs to address the human services, … [Read more...] about What is the Top U.S. Health Philanthropy Doing in Response to COVID-19?
Doctors Without Debt: The Billionaire Who Built Silicon Valley Joins a Growing Movement
Faced with a projected doctor shortage, an alarming paucity of physicians from diverse backgrounds, and a median student debt of $200,000, donors have been ramping up support for a debt-free medical education, making big gifts to New York University, … [Read more...] about Doctors Without Debt: The Billionaire Who Built Silicon Valley Joins a Growing Movement
