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As of 2021, St. Jude Children's Research Hospital costs nearly $1.7 billion per year to run, and donations provide an estimated 87% of those funds. Only 6% of the money to operate the hospital comes from insurance recoveries and 5% comes from grants.
St. Jude Children's Research Hospital is a pediatric treatment and research hospital headquartered in Memphis, Tennessee.Founded by entertainer Danny Thomas in 1962, it is a 501(c)(3) designated nonprofit medical corporation which focuses on children's catastrophic diseases, particularly leukemia and other cancers. [1]
Unlike most hospitals, which fund their medical treatment with a mix of payments from patients and insurance, St. Jude funds about 80% of treatment costs with donations – about $2 billion each year.
St. Jude's has grown to include eight affiliate hospitals across the United States. It is a 501(c)(3) nonprofit organization with annual expenses, as of 2018, of over US$1.4 billion funded by nearly US$1.5 billion in donations. [ 27 ]
Besides receiving funds via his St. Jude donation webpage, one of Cox’s former employers, Texas Roadhouse in Owensboro, will donate 10% of one’s food total upon presenting a specifically-made ...
Since then, the Foundation has promoted its goals through a number of events and outreaches. Its first gala raised $500,000 to benefit St. Jude Children's Research Hospital. Since that time, the organization has awarded nearly $10 million through its programs. Among those who support Mosaic are British-Pakistani entrepreneur James Caan.
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