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Up and down; economy hurting healthcare giving.(Strictly Finance)
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Modern Healthcare
- Article date:
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August 4, 2008
- Author:
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Copyright informationCOPYRIGHT 2008 Crain Communications, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: Jennifer Lubell
Donations to not-for-profit hospitals may be slowing down, yet industry sources claim their fundraising programs continue to stay afloat through loyal donors and healthy community support.
Overall, fundraising dollars to not-for-profits continue to rise, says William McGinly, president and chief executive officer of the Association for Healthcare Philanthropy, a not-for-profit organization in Falls Church, Va., that does research on healthcare fundraising trends.
Preliminary data from the organization show that healthcare organizations-the majority of which are hospitals-received a total of $8.3 billion in 2007, up from $7.9 billion in 2006 ...
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