What is the Henry W. Grady Health
System Foundation?
A separately incorporated 501(c)(3) organization with a mission
to secure additional resources in support of the Grady Health
System mission and to act as a fiduciary of those resources.
In consultation with the Henry W. Grady Health System Foundation
Board of Directors, the foundation supports groundbreaking
health-care projects in metro Atlanta.
Signature projects include:
• Level Ι Trauma Unit
• Grady Burn Unit
• Georgia Comprehensive Sickle Cell Center
• Grace Towns
Hamilton Women’s Pavilion
• Georgia Cancer Center for Excellence
• Infectious Disease Program
• Teen Reproductive Health Services
How is the Henry W. Grady Health System Foundation organized?
A
volunteer board of directors composed of 25 community
leaders and key supporters manages the foundation. Board
members are elected to three, two and one-year terms and
receive no compensation for their services.
Who staffs and operates the foundation?
A staff of professionals in non-profit development coordinates
all foundation activities and is responsible for the ethical
management and distribution of funds. All staff members
abide by the ethical and professional standards set by the
Association of Fund-Raising Professionals (AFP). Foundation
staff does not receive commission on funds they raise.
How are foundation funds used?
Philanthropic
funds support critical projects that otherwise might not
be funded. Philanthropic funds also enhance and expand
crucial ongoing projects that face funding shortages.
In some instances, donors and philanthropists provide
funds for specific projects. In setting funding
priorities, the foundation always aims to enhance the
medical center's ability to serve.
Why does Grady Health System need private
philanthropic funds?
Simply put, the demand for medical
care far exceeds the funds available. Tax funds are not
nearly sufficient to provide the care needed by thousands
of uninsured in Fulton-DeKalb counties.
Who determines the priorities for fund
raising?
The health-care priorities of the hospital authority,
health system CEO and executive staff make funding recommendations
to the foundation. The foundation board reviews project
proposals from the hospital and medical schools. In study
and consultation, the foundation examines how the project
will benefit the entire hospital system.
Are there categories and levels of donations? How are these gifts recognized?
The 1892 Society is Henry W. Grady Health System Foundation’s
prestigious donor recognition club, honoring all donors
who have made a gift of $10,000 or more and recognizing
them on our donor wall in the main hospital atrium. Individual
donors are also recognized as follows:
• 1892 Society Philanthropist ($5 million +)
• Humanitarian ($1 million)
• Founder ($500,000)
• Benefactor ($250,000)
• Patron ($100,000)
• Fellow ($50,000)
• President’s Circle ($25,000)
• Leadership Circle ($10,000)
• Friends of Grady (Up to $10,000)
What if a potential donor has a specific interest?
In general, the foundation supports those
projects that have been carefully selected and prioritized
by the foundation board and the hospital authority. However,
the foundation will also help donors fund and create special
medical projects of specific interest to the donor, as
long as they advance the mission, priorities and needs
of Grady Health System. The foundation follows strict adherence
to “donor intent.” If
donated funds cannot be used as the donor intended they
are returned.
Are contributions tax deductible?
Yes. The foundation is an approved IRS 501(c)(3) charity.
All donations are tax deductible to the maximum extent
allowable by law.
Can corporations contribute?
Yes.
The foundation has a long history of major corporate support
for its priority projects.
Do you accept contributions other than cash?
Yes. The foundation can facilitate gifts of stock,
real estate, art and other non-cash gifts. Many donors
also choose to contribute planned gifts, such as simple
bequests and charitable trusts. We encourage donors to
consult with professional advisers when making such gifts.
Does the foundation support medical research?
Yes. When the medical research works with serving the
health-care needs of the Fulton-DeKalb community. In some
cases, donor interest or a specific grant supports medical
research. Most research support, however, is the responsibility
of Emory and Morehouse schools of medicine.
Does the foundation maintain an endowment?
The
Dana Bloodworth Miller Endowment,
a scholarship fund for Grady nurses who wish to
pursue continuing education or advanced degrees.
How does the foundation pay for its expenses?
The Henry W. Grady Health System Foundation is a 501(c)(3)public charity. The finance committee of the foundation board of directors approves operating expenses in its annual budgeting process. Operating expenses are allocated from contractual relationship with Grady Health System, unrestricted or undesignated donor funds and portfolio income in accordance with legal and donor restrictions.