Mayo Clinic announced it raised $1.35 billion in its first sustained philanthropy campaign. Mayo raised the amount in five years instead of the seven years initially set for the campaign, and exceeded its target of $1.25 billion. A portion of the money will fund research on cancer and depression. Some funds will go toward a subspecialty pediatric clinic in Rochester, a new hospital in Florida, and a new campus for cancer and transplant patients in Arizona.
Margaret Dick Tocknell is a reporter/editor with HealthLeaders Media.