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thinking a lot about philanthropy and
the impact it can have on health care—
and the impact good health has on the
overall health of an entire community.
The question we’ve been asking
ourselves is “How can we protect
health care for future generations?”
The answer: Endowment.
While CMH is well-managed and
does a great job ensuring a sufficient
bottom line that supports base
operations and community services,
it does not have a “philanthropic
savings account.” Most health care
organizations across the country are
working with donors to fund the future
by establishing endowments. Many
donors are taking the opportunity
to honor cherished family members
by naming their legacies for their
children, grandchildren, parents or
other loved ones. It’s sort of like a
philanthropic time capsule!
SINCE
its creation in 2010,
the Giving Pledge has been signed
by 154 billionaires ages 30 to
100, from 16 different countries,
with a combined wealth of nearly
$800 billion—a sum greater than
the GDP of most countries. These
individuals have generously promised
to donate at least $400 billion of their
money to help others.
But what about the
rest of us? The vast
majority of Americans
cannot afford to give
away half of their
net worth without
compromising their
ability to take care of
themselves and their
loved ones in their
chosen lifestyles.
Nearly everyone
can give
The original intent
of the Giving Pledge
was not only to create
a group of billionaire
philanthropists, but
also to encourage, by
example, increased
philanthropy at all levels
of capacity.
“Not all of us can give
away half of our wealth,
but the idea of the Giving Pledge
can help encourage an important
conversation with your spouse or
family about what’s possible in terms
of generosity and the positive impact
that giving can have on society,”
says Robert Rosen, the director of
philanthropic partnerships at the
Bill & Melinda Gates Foundation.
“There’s no one size fits all for
philanthropy, but most of us can
find ways to be more thoughtful and
intentional about our giving.”*
Here at CMH, we have been
Health care
organizations like CMH
that build endowment
can continually attract
leading specialists and
other providers who can
have a profound effect
on the development of
programs and services
that benefit the entire
community.
One of the most
effective ways of ensuring
the ability to meet
future challenges is to
fund that future today.
Whether through
outright gifts or gifts
from assets, thoughtful
consideration can
help each of us make
a personal, achievable
pledge that will touch
thousands of lives.
Personal giving pledge
So we begin 2017 with our own
giving pledge—a commitment to
looking forward by partnering with
donors to establish endowment
funds that will embrace our
future patients and your future
generations with health, healing
and hope.
No gift is too small. Be part of our
efforts to secure high-quality health
care for future generations; call
503-325-3208
.
*Source: Bruce Deboskey, Philanthropic Strategist
Penny Cowden,
Executive Director
of the Columbia
Memorial Hospital
Foundation
The Giving Pledge
A
:
Endowment.
Q
:
How can we protect health
care for future generations?
The question we’ve been asking ourselves is: