This record-high total represents a 20% increase over last year. More importantly it reflects confidence our philanthropic supporters have to invest in the 80 foundations of CommonSpirit Health to build a healthier tomorrow.
Donors from all walks of life gather together to support the common good. Collectively we are driving innovation, strengthening communities and supporting those in need.
Driven by donors and anchored in a commitment to collaboration, FY2024 saw a 16% increase in transfers, setting yet another record. Philanthropic funds are transferred only after fulfilling donor intent.
Our donors confidently invest their philanthropic funds in our mission because of our demonstrated track record as good stewards of their contributions. CommonSpirit Health Philanthropy yielded an impressive return on investment rate of nearly $5 contributed for every dollar spent.