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When Hospital/Health System and Foundation Boards Intersect
Philanthropy is a high-ROI revenue generator compared with patient care revenue and delivers about a 4:1 return with a mature program.
Roles & Responsibilities of the VP of Philanthropy
The VP of Philanthropy’s overarching responsibility is to promote philanthropic investment by donor partners in the health care organization in order to advance the mission. However, the role encompasses far more. Together with the foundation board and health care CEO, this individual works with internal and external constituencies to build a culture of philanthropy that goes beyond transactional fundraising to build lasting, fruitful relationships rooted in a shared vision.
Systemization of Health Care Philanthropy 2.0
The next curve of systemization is leveraging additional opportunities to achieve greater synergy across health care organizations.