HOSPITALS AND AMERICAN PHILANTHROPY - VOLUME 5 - September 8, 1959

Sep 21, 2026

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Compilation of news and notes on fundraising, with emphasis on hospitals and American philanthropy. Reports the scale of voluntary hospital operations, assets and plant holdings, public contributions, and breakdowns of patient income versus contributions, grants, and endowment. Includes statistics on patient volume, operating costs, and education-related corporate giving, such as growth in grants and average contribution rates. Highlights specific organizations, foundations, and alumni giving campaigns, alongside named challenge gifts and grants supporting education and related programs.

LanguageEnglish

CategoryResearch & Report

FormatPDF

Pages4

Reading Time10 min

AccessFree to download

Hospitals and American Philanthropy

Voluntary hospitals and funding statistics

Corporate giving for education

American Cancer Society

Foundations

United Funds and Community Chests

Alumni giving goal and survey

A Compilation of News and Notes Related to Fund-Raising SEP1059 QU○TE HOSPITALS AND AMERICAN PHILANTHROPY The Bulletin of THE AMERICAN ASS0CIAT10N 0F FUN D-RAISING (0UNSEL VOLUME 5Septe mber 8,1959Num ber 14 "...The lack of relationship between corporate net and giving,unless I ambadly mistaken,lies in simple lack of management attention and sophistication.Mo st companies are not realistically set up to know or categorize their totalgiving,or to look at it as a planned activity.The act of giving is consciousenough,but orderly and cumulative records are astonishingly lacking in manycases.In general,there are too many people in the act,but it is a low-priorityodd-job for each one,and the delegated responsibility of nobody.We have reasonto think that this is changing,however,but no reason to think that the change willnecessarily reduce the totals.It might well increase them. Kenneth G.Patrick,Vice PresidentCouncil For Financial Aid To Education,Inc. More than half of all the ho spitals in the Continental United States are operatedby churches or non-profit associations,according to the Guide Issue of Hospitals. 3,203 voluntary hospitals of all sorts have assets of $7,220,807,000 of which $5,148,493,000 is in plant.The American public has contributed more than$700 million a year in the past few years to support and increase thesevoluntary ho spitals. Total income from patients in the voluntary short-term hospitals last year was $3,538,315,000,while expenses were $3,426,520,000.Patient income was $3,277,242,000 and made up 92.6 per cent of the total income of short-termho spitals.The balance of $261,092,000 came from contributions,grants andincome from endowment. Voluntary shor t term hospitals cared for 15,825,136 patients during the year atan average cost of $29.24 cents a day with the average patient paying $27.96per day. increased 23.5 per cent between 1956 and 1958,according to indications in a survey by the Council for Financial Aid toEducation,covering 1,500 of the nation's largest corporations.The gains werenoted in a control group of 215 corporations which reported grants to educationfor both years totalling $33,140,806 in 1956 and $40,917,571 in 1958--duringan I"off-profit''period. Unrestricted gifts accounted for 34.1 per cent of the total given.Thelargest percentage of designated grants was for physical facilities. Twenty-eight corporations reported giving at the rate of one per cent ormore of net income before taxes during 1958.Eight companies contributed in1958 de spite operating losses. The greatest increase in aid to education financing was in the bankinggroup,which indicated a 210 per cent increase in such giving between 1956 and1958.The next largest increase was by utility companies. The average rate of contribution to education was 0.27 per cent of netincome before taxes. Education received 28.4 per cent of the corporate gift dollar accordingto the survey. # AMERICAN CANCER SOCIETY preliminary reports indicate 1958 Crusade willreach a total between $30.5 million and $31 million,exclusive of bequests.Total last year was $29.79 million. # FOUNDATIONS Houston Post reports agreement reached to break deadlock amongtrustees of Moody Foundation at Galveston to permit foundation to operate.Thisfoundation estimated to be third wealthiest in nation,with assets somewhere be-tween $250 and $400 million. Of 352 companies surveyed by CFAE,157 reported they have establishedfoundations to handle their giving. Medical Research Foundation of Texas,organized to seek funds for basicresearch in Texas medical insti tutions,has made total grants of $52,500 in itsfirst seventeen months in operation. Hallmark Foundation,Kansas City,creating special program to improveinternational relations. # THEYIRE OFF United Funds and Community Chests are under way.In Chicago,theCommunity Fund-Red Cross Crusade of Mercy reports its first corporate gift,$290,000 from the Illinois Bell Tele

FAQs

What portion of voluntary short-term hospitals’ income comes from patients versus contributions and endowment?

Patient income accounts for $3,277,242,000, making up 92.6% of total income. The remaining $261,092,000 comes from contributions, grants, and income from endowment.

What do the document’s corporate giving figures suggest about education grants between 1956 and 1958?

The document reports a 210% increase in aid to education financing within the banking group between 1956 and 1958, and notes additional gains from utility companies, based on a corporate survey.

What is the stated alumni giving goal and how is the 1959 survey organized?

The American Alumni Council sets a goal of $200,000,000 to be reached by 1960. Questionnaires are sent to colleges, universities, and secondary schools to report 1959 giving, making the 1959 survey comprehensive.

Sep 21, 2026

Uploaded by Riley