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U.S. Philanthropic Giving For Health Care Up Record 16.3 Percent in 2005

Posted : Wed, 25 Oct 2006 13:08:00 GMT
Author : Association for Healthcare Philanthropy
Category : Press Release
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FALLS CHURCH, Va., Oct. 25  /PRNewswire/ -- Thankful patients and their grateful families increased their charitable contributions to health care facilities and organizations by a record 16 percent in the U.S., to $7.01 billion, and by 11 percent in Canada, to $1.2 billion, according to The AHP Report on Giving, FY 2005, issued today by the Association for Healthcare Philanthropy (AHP).
Individuals in the U.S. provided the bulk of all funds raised-60%. U.S. Businesses, including corporate foundations, supplied 18.2% of the funds, foundations other than corporate, 12.7%, and other sources (e.g., hospital auxiliaries, public agencies, civic groups, etc.), 9.9%. More than 300 institutions participated in the AHP survey, which is intended to show national trends in both countries over time, and to relate these trends, where applicable, to the changing health care environment.
AHP Board Chair Pearl F. Veenema, FAHP, said "the impact of these record breaking contributions will be felt throughout both countries as communities will receive expanded services, better state-of-the-art medical technology, and the best medical personnel to deliver the most comprehensive care possible."
AHP President and Chief Executive Officer William C. McGinly, Ph.D., CAE, added, "Despite concerns about the economy and terrorism, Americans and their Canadian counterparts have earmarked their health care contributions in record numbers to make a difference in people's lives every day."
Association for Healthcare Philanthropy

Copyright © 2008 PR Newswire. All rights reserved.




Article : U.S. Philanthropic Giving For Health Care Up Record 16.3 Percent in 2005
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