Nonprofit Hospitals Raise $8.26 Billion in Donations in FY2010, AHP Reports

Despite the poor economy, U.S. nonprofit hospitals and health care systems managed an 8 percent increase in philanthropic donations last year, to more than $8 billion, with individual donors contributing almost 60 percent of that total. But fundraising costs climbed and return on investment dipped, according to the fiscal year 2010 Report on Giving USA issued by the Association for Healthcare Philanthropy.