The Foster G. McGaw Prize recognizes hospitals that have distinguished themselves through efforts to improve the health and well-being of everyone in their communities.
History of the Prize
In 1986, the Foster G. McGaw Prize was created to recognize hospitals that have distinguished themselves through efforts to improve the health and well-being of everyone in their communities.
Today, despite sweeping changes in the way health care is delivered, hospitals and their communities continue to forge strong partnerships to promote a healthier America.
The Baxter Foundation and the American Hospital Association founded the Foster G. McGaw Prize on the belief that the relationship between a hospital and its community is unique. We celebrate the winners and finalists of this award because they show us how people working together in hospitals and communities can enrich the environment in which they live.
In the decades that come, the bond between the community and its health care providers will become stronger and more interdependent. And we shall continue to honor those individuals and organizations that distinguish themselves through excellence in community service.
About Foster G. McGaw
Foster G. McGaw was born on March 7, 1897, the son of Reverend Francis Alexander McGaw and Alice S. (Millar) McGaw. He attended the Northwestern University School of Commerce.
In 1922, Mr. McGaw founded the American Hospital Supply Corporation. By establishing strict ethical guidelines for selling to hospitals and insisting on a high level of quality and service, Mr. McGaw shaped the hospital supply industry and helped create the standards under which it operates today. In 1985, American Hospital Supply Corporation merged with Baxter International, Inc.
Mr. McGaw has received numerous awards, citations, and honorary degrees. He is renowned for his philanthropic activities, including major gifts to establish the McGaw Medical Center of Northwestern University and the McGaw Hospital of Loyola University Medical Center, both in the Chicago area, and the James D. Vail III Nursing Program at Queens College in Charlotte, NC.
About Baxter and the Baxter International Foundation
Every day, Baxter and the Baxter International Foundation strive to make a meaningful difference in the lives of people who depend on the company’s products, and in the communities where employees live and work. The Foundation helps advance Baxter’s mission to save and sustain lives by partnering with organizations around the world to increase access to healthcare for the underserved, develop the next generation of innovators who will lead the way in advancing healthcare and to create a positive, long-lasting impact in communities globally. For more information, please visit Baxter's Corporate Responsibility page.