Nationwide Foundation Donates Historic $100 Million to Nationwide Children’s Hospital
The Nationwide Foundation has made history with a groundbreaking $100 million donation to Nationwide Children’s Hospital, marking the largest gift ever given to a children’s hospital in the United States. This generous contribution, which includes $30 million previously donated by the foundation, will support the hospital’s ambitious “Empower the Possible” campaign.
The funds from this historic gift will be used to fuel the hospital system’s five-year, $3.3 billion spending plan, which includes the construction of a new inpatient tower and increased investments in cutting-edge programs and research areas such as fetal medicine, population health, gene therapy, and children’s mental health.
Tim Robinson, CEO of Nationwide Children’s Hospital, expressed his excitement about the transformative impact of this donation, stating, “We are in the most aspirational strategic plan of our 132-year history. We’re really creating this ecosystem focused on the whole child.” The hospital aims to uphold its reputation as a world-class healthcare provider and enhance its services for children from all walks of life.
The Nationwide Foundation, the nonprofit arm of Nationwide Mutual Insurance Company, will distribute the $100 million gift in $10 million increments annually over the next seven years. With $30 million already allocated to the “Empower the Possible” campaign, the hospital has raised a total of $270 million and hopes to reach its $500 million goal by 2027.
Chad Jester, President of The Nationwide Foundation, emphasized the long-term impact of this investment, stating, “We’re investing in a trusted, caring, and impactful partner in Nationwide Children’s Hospital. We know years down the road that the impact of our investments and others will do nothing but provide the best care for kids.”
This historic donation not only underscores the Nationwide Foundation’s commitment to supporting children’s healthcare but also serves as a catalyst for further philanthropic contributions to Nationwide Children’s Hospital and similar institutions. The impact of this gift will be felt for years to come, ensuring that children receive the highest quality care and support.