Filed under: Charity of the Day
The Campaign for Mayo Clinic is nearing the end of its five year mission to raise over a billion dollars for continued patient care, research and education. The largest non-profit practice group in the world, the Mayo Clinic is preparing for extensive Medicare cuts and other reductions in government reimbursement for medical care. The campaign began in 2005 with a significant leadership gift of $25 million from the CEO of Marriott International, Bill Marriott, whose daughter was cared for at the Mayo Clinic in the 1960s.
The campaign recently surpassed the $1 billion mark but has a bit further to go to reach its ultimate goal of $1.25 billion by the end of 2009. Most gifts have come from former patients, but the Clinic's development staff hopes that its call to the general public in May will help the Campaign meet its goal on time.