Mayo Announces Largest Ever Fundraising Campaign
The Mayo Clinic hopes to raise $3 billion dollars by the end of 2017.
Mayo has announced the public phase of a massive campaign to speed up research, improve the quality of medical care, and find ways to address the unmet needs of patients.
This is the largest fundraising drive in Mayo history and coincides with Mayo Clinic’s Sesquicentennial.
“Reliable funding is the biggest barrier to advance medical breakthroughs that can benefit patients suffering from diseases,” says John Noseworthy, M.D., Mayo Clinic president and CEO. “Traditional funding sources, such as federal grants, cannot cover the cost of discovering cutting-edge science and implementing those solutions in clinical practice.”
The so-called “quiet phase” of the campaign began in 2010 and has already brought in over $1.75 billion dollars toward the $3-billion dollar goal.