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Related Concept Videos

Altruism01:03

Altruism

Altruistic behaviors are “unselfish” behaviors—those that help another individual at the expense of the individual carrying out the behavior. Despite the negative consequences for the altruistic animal, these behaviors are thought to have evolved for several reasons.
RACE - Rapid Amplification of cDNA Ends02:35

RACE - Rapid Amplification of cDNA Ends

Rapid Amplification of cDNA Ends, or RACE, is one of the most effective methods to obtain a full-length cDNA from an mRNA sequence between a known internal region to the unknown sequence at the 5’ or 3’ end. The unknown region is cloned in the cDNA by a gene-specific primer that binds the known end, and a hybrid primer that attaches a predefined anchor sequence to the unknown end of the cDNA. The sequence in between is amplified by PCR with an anchor primer and a gene-specific primer.
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Creating a stand-alone fundraising foundation.

Walter J Dillingham1, Leigh H Weiss, John M Lawson

  • 1Wilmington Trust N.A., New York, USA. wdillingham@wilmingtontrust.com

Healthcare Financial Management : Journal of the Healthcare Financial Management Association
|October 24, 2012
PubMed
Summary
This summary is machine-generated.

Healthcare organizations considering a stand-alone foundation should weigh costs versus benefits and conduct competitive analysis. Engaging legal, development, and investment experts is crucial for planning and governance.

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Area of Science:

  • Healthcare Administration
  • Nonprofit Management
  • Financial Strategy

Background:

  • Healthcare organizations increasingly explore diverse funding models.
  • Stand-alone foundations offer potential for dedicated philanthropic support.
  • Strategic planning is essential for establishing successful fundraising entities.

Purpose of the Study:

  • To outline key considerations for healthcare organizations establishing a stand-alone fundraising foundation.
  • To provide a framework for evaluating the feasibility and structure of such foundations.

Main Methods:

  • Review of best practices in nonprofit foundation establishment.
  • Analysis of cost-benefit factors for healthcare fundraising entities.
  • Identification of essential expert advisory roles (legal, development, investment).

Main Results:

  • Successful foundation launch requires thorough cost-benefit analysis and competitive assessment.
  • Collaboration with specialized expert teams is vital for strategic planning.
  • Adherence to governance requirements and development of an investment policy statement are critical.

Conclusions:

  • Establishing a stand-alone fundraising foundation necessitates a comprehensive strategic approach.
  • Expert guidance and robust planning mitigate risks and enhance success potential.
  • Careful consideration of financial, legal, and operational aspects is paramount.