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Article: Income, Donations Increase at Minnesota-Based Mayo Clinics despite Tough Times.

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Knight Ridder/Tribune Business News
Article date:
April 15, 2002
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By Renee Berg, Post-Bulletin, Rochester, Minn. Knight Ridder/Tribune Business News

Apr. 15--A tough investment market and Sept. 11 couldn't keep Mayo Foundation from setting records in various sectors of its business during 2001.

Income from patient care -- buoyed by $3.4 billion in patient care revenues -- totaled a record $115.3 million, up $24.1 million from 2000.

Mayo Foundation also recorded one of its best years for philanthropy, taking in gross contributions of $146.3 million in 2001.

Mayo's reputation for excellence keeps a steady stream of patients coming to its clinics and helps maintain interest among philanthropists, ...

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