Medical Donation

Hospital charitable foundations sound like what they are -- not-for-profit fundraising institutions for hospitals. With today’s high cost of providing medical care, hospitals often do not have enough funds for services, programs, and equipment even after insurance and patient payments. The charitable foundations "are able to contribute to providing for care, equipment, and treatment that otherwise might not be at the same level or breadth of service if it weren’t for them,” says William C. McGinly, president and chief executive officer ofthe Association for Healthcare Philanthropy. While the hospital itself may also do research, its central role is caring for patients.