PHILANTHROPY IN ACTION
Here for You , Not for Profit
What does it really mean to be a not-for-profit healthcare system ? As the largest not-for-profit healthcare system in Texas , Baylor Scott & White Health dedicates all our resources to the health and well-being of the communities we serve . Here ’ s a look at how that makes us different , and how your gifts help us make a difference .
Our financial goals are different
$
Not-for-profit systems : After expenses , we reinvest all remaining funds — including charitable donations — back into patient care and the community .
$ 2.3M +
PER DAY
Benefiting our communities
$
For-profit systems : After expenses , for-profits distribute earnings to individuals or stockholders .
On average , we provide more than $ 850 million in Community Benefit each year . That ’ s more than $ 2.3 million per day for programs like charity care , medical research , medical education , and other community health programs .
Click here to learn more .
How do donations help ? Your gifts are an investment in the health of your loved ones and neighbors . Your generosity directly supports a variety of programs and projects , such as patient care , equipment , medical research , and medical education .
Every dollar you donate has the same impact as $ 10 in revenue . Plus , 100 % of every dollar you give directly benefits the program or project you choose to support with $ 0 taken for administrative costs .
SYSTEM NEWS
A New President for Hillcrest
Baylor Scott & White Medical Center - Hillcrest has named a new president following the retirement of Glenn Robinson earlier in 2020 . Charles Williams , FACHE , will take the helm in Waco effective January 11 , 2021 .
Mr . Williams will join our System from Orangeburg , South Carolina , where he currently serves as president and chief executive officer of Regional
Medical Center of Orangeburg & Calhoun Counties .
A native of Texas , Mr . Williams grew up on the east side of Fort Worth and earned his bachelor ’ s and master ’ s degree in occupational therapy from Texas Woman ’ s University , and his MBA from the University of Texas at Arlington . He and his family are excited to be returning to his home state .
3
THE COMPASS / BAYLOR SCOTT & WHITE CENTRAL TEXAS FOUNDATION NEWS / WINTER 2020