CommUNITY: We Give as One, for All (Video)
Posted on Jul 20, 2016
For the Love of Humankind. Why Philanthropy Matters.
The word philanthropy comes from the Greek word “philos,” meaning loving, and the word “anthropos,” meaning humankind. So when we say that we are a philanthropic organization, what we really mean is that we do what we do because we love people. And by extension, our community.
How much do we love our community? Well, this is our community too, so what happens here matters to all of us. Mission Health is a not-for-profit organization that constantly strives for innovative and groundbreaking healthcare services to benefit our western North Carolina community and the community at large. We are able to achieve these kinds of innovations through the generous giving of donors to areas of critical need across the health system.
Mission Health is the sixth largest health system in the state, with more than $1.7 billion in annual revenue. For us simply to open the doors costs $4 million each day. And our profit margins are razor thin. Nearly 75 percent of our patients are subsidized through Medicare or Medicaid, or they are uninsured. And we will never turn anyone away because they are unable to pay.
But this is only a small piece of the pie. Through the generosity of our donors, both in the community and within our Mission family, we are also making enormous strides in our vision of charting a new course for state-of-the-art virtual care, exploring advanced medicine and implementing cutting-edge hospital innovations. It’s for these reasons that philanthropic dollars are vital to the health of our hospital and community.
The dollars that come through Mission Philanthropy enable us to fund critical need areas that core service dollars are unable to cover. With margins so thin, core service revenue does not cover the expenses associated with growing, building and strengthening our presence in the community. Giving, both from the community and our Mission family, is the only way we can sustain our current rate of operations.
And quite simply, giving feels good, and is good for everyone in the community. We are not alone when we give. Giving enables us to become united with the community at large to create momentum that affects real, tangible change – things like cutting-edge surgical techniques or a new cancer center. Changes you can see and touch, all made possible because you gave.
All of the giving that comes to Mission Philanthropy is used right here at home, in our health system and our community. All of the money that we raise is distributed among our various initiatives to make Mission Health the best healthcare system in the country.
Did you know giving is actually good for your health? Countless studies show that giving to an organization that you believe in boosts your immune system and releases endorphins that make you happier. And the happier you are, the more you’ll love your job. Right here at Mission Health.
Every dollar donated goes directly to an area of critical need in Mission Health, so we can reinvest our resources into the community to make western North Carolina a better place to be treated, offer better services and, ultimately, build an even better community in which to live.
So, why does philanthropy matter to the Mission family? Because we are making a difference in the lives of our people, our patients and the community around us. And we are nothing without the community of people who help us, encourage us and support us. We are nothing without you.
To hear firsthand from Ronald A. Paulus, MD, President and CEO of Mission Health, why giving to our organization is so important to our health system and our community at large, take a moment to view this short three-minute video.
Why is Philanthropy so Important? from Department Of Philanthropy on Vimeo.