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HCA Healthcare Announces the HCA Healthcare Hope Fund Has Awarded $100 Million in Grants to Colleagues in Need
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HCA Healthcare, Inc. has announced that the HCA Healthcare Hope Fund, a charity providing emergency funds to colleagues, has surpassed $100 million in grants awarded since its founding in 2005. In 2023, over $11.4 million in assistance was distributed to help more than 3,700 HCA Healthcare colleagues and families. The Hope Fund is funded by colleagues' donations and the HCA Healthcare Foundation's matching contributions. It has provided over $25 million in grants for natural disaster relief.
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NASHVILLE, Tenn.--(BUSINESS WIRE)--
HCA Healthcare, Inc. (NYSE:HCA), one of the nation’s leading healthcare providers, today announced the HCA Healthcare Hope Fund, a 501(c)3 public charity that provides emergency funds to colleagues when significant hardships arise due to illness, injury, natural disasters or other difficult situations, has surpassed $100 million in grants awarded since its founding in 2005. In 2023 alone, more than $11.4 million in assistance was distributed to help more than 3,700 HCA Healthcare colleagues and families.
“This milestone for the HCA Healthcare Hope Fund is possible due to the generosity of our colleagues,” said Joe Flynn, president of the HCA Healthcare Hope Fund. “We are grateful for their selflessness and compassion, as they give back to fellow colleagues struggling with circumstances beyond their control. Through each donation, our colleagues truly embody the mission of HCA Healthcare.”
The Hope Fund’s founding story exemplifies the dedication of HCA Healthcare and its colleagues to care for patients, communities and one another. After hundreds of Florida colleagues were hit by devastating hurricanes in 2004, HCA Healthcare colleagues throughout the country contributed donations for those who had been impacted. What began as an informal way to help soon evolved into the HCA Healthcare Hope Fund,a tax-exempt 501(c)(3) public charity run by colleagues, for colleagues. In 2005, as the Hope Fund was ramping up operations and Hurricane Katrina hit New Orleans, HCA Healthcare gave an additional $4 million to help colleagues in need after the storm.
Each year, more than 35,000 donors contribute to the HCA Healthcare Hope Fund to help their peers facing financial hardships due to illness, injury, natural disasters or other difficult situations. The HCA Healthcare Foundation also contributes more than $4 million a year to the fund by matching colleague donations.
The Hope Fund is an essential charitable organization for HCA Healthcare colleagues during devastating natural disasters. In 2022, after Hurricane Ian made landfall on the west coast of Florida as a powerful category 4 hurricane, leaving more than 2 million people without power and causing extensive damage to communities in its path, the Hope Fund provided approximately $1.2 million of support to impacted colleagues. In total, more than $25 million has been given in Hope Fund grants to aid in natural disaster relief.
About HCA Healthcare
Nashville-based HCA Healthcare is one of the nation’s leading providers of healthcare services comprising 186 hospitals and approximately 2,400 ambulatory sites of care, including surgery centers, freestanding ERs, urgent care centers, and physician clinics, in 20 states and the United Kingdom. With its founding in 1968, HCA Healthcare created a new model for hospital care in the United States, using combined resources to strengthen hospitals, deliver patient-focused care and improve the practice of medicine. HCA Healthcare has conducted a number of clinical studies, including one that demonstrated that full-term delivery is healthier than early elective delivery of babies and another that identified a clinical protocol that can reduce bloodstream infections in ICU patients by 44%. HCA Healthcare is a learning health system that uses its more than 43 million annual patient encounters to advance science, improve patient care and save lives.
About HCA Healthcare Hope Fund
The HCA Healthcare Hope Fund is an employee-run, employee-supported 501(c)3 public charity with the goal of helping HCA Healthcare employees and their immediate families who are affected by financial hardship. This includes disaster, extended illness/injury, domestic violence, death of a loved one, and other special situations. HCA Healthcare employees, vendors, affiliated physicians, patients and the general public can make a tax-deductible donation to the fund where 100% of donations go directly to helping colleagues in need. Since its inception in 2005, the HCA Healthcare Hope Fund has given more than $100 million to colleagues in crisis with the help of more than 35,000 employee donors annually. The
HCA Healthcare Hope Fund is governed by an independent Board of Directors comprised of employees from across the country. For more information on the HCA Healthcare Hope Fund, visit hcahopefund.com.
About HCA Healthcare Foundation
The mission of the HCA Healthcare Foundation is to promote health and well-being and strive to make a positive impact in all the communities HCA Healthcare serves. We accomplish this mission by providing leadership, service and financial support to effective non-profit organizations working individually and collectively.
All references to “Company,” “HCA” and “HCA Healthcare” as used throughout this document refer to HCA Healthcare, Inc. and its affiliates.
The HCA Healthcare Hope Fund is a 501(c)3 public charity that provides emergency funds to HCA Healthcare colleagues when significant hardships arise due to illness, injury, natural disasters, or other difficult situations.
How much has the HCA Healthcare Hope Fund awarded in grants since its founding?
The HCA Healthcare Hope Fund has surpassed $100 million in grants awarded since its founding in 2005.
How much assistance was distributed in 2023 by the HCA Healthcare Hope Fund?
In 2023, over $11.4 million in assistance was distributed to help more than 3,700 HCA Healthcare colleagues and families.
How is the HCA Healthcare Hope Fund funded?
The HCA Healthcare Hope Fund is funded by donations from colleagues and matching contributions from the HCA Healthcare Foundation.
How much has the HCA Healthcare Hope Fund provided in grants for natural disaster relief?
The HCA Healthcare Hope Fund has provided over $25 million in grants for natural disaster relief.
