Sickkids Foundation Case Study

I would like to focus on one non-profit organization that has been doing very well in the recent years. The name of the organization is St Jude Research Hospital, which deals with the cure and treatment of children suffering from catastrophic diseases. In the five decades, it has been operational, the mortality rate has gradually reduced therefore saving lots of lives. St Jude started its operations in 1962. Danny Thomas was the one who started the organization and was helped by two other close friends (Pui, Pei, Pappo, Howard, Cheng, Sandlund and Gajjar, 2012).

I would like to focus on one non-profit organization that has been doing very well in the recent years. The name of the organization is St Jude Research Hospital, which deals with the cure and treatment of children suffering from catastrophic diseases. In the five decades, it has been operational, the mortality rate has gradually reduced therefore saving lots of lives. St Jude started its operations in 1962. Danny Thomas was the one who started the organization and was helped by two other close friends (Pui, Pei, Pappo, Howard, Cheng, Sandlund and Gajjar, 2012).

According to our text, “Not-for-profit organizations lack a residual ownership claim and the organization’s purpose is something other than to provide goods and services at a profit.” “Because significant resources are provided to governments and not-for-profit organizations, financial reporting by these organizations is important.” (Page 2).

Chapters seven through eleven in Begging for Change, by Robert Egger, have been thought provoking and insightful into the non-profit world. This half of the book focused less on DC Central kitchen and the specific challenges it has faced, but more on the idea of a non-profit and how changes should and could be made in the way non-profits are operated and thought of by the general public. The focus has been put on new ideas that need to be brought into the non-profit world and how innovation cannot be lost and left only to the for-profit companies. The big idea around the book has remained unchanged through this section in which Robert opens up the non-profit world to question everything, from the stereotypes to the priorities and shows some of the ugliness in non-profit work.

Our mission is to provide charitable relief in the form of Educational Advancement and Academic Development.

The following stakeholders in this campaign include county health executive, Susan, the major health system’s emergency services director, Dr. Matt, coordinator of public relations, Marjorie, the director of the university extension office on public welfare, Dave from Catholic Charities, Maria of Lutheran Social Services, and John from the Free Clinic. Together they work together to implement the finest marketing campaign for the young women and children. The first step would be to obtain sponsorships from local hospitals, doctor’s office, and other healthcare businesses, that are willing to donate money or their healthcare expertise in return for recognition through a sponsorship program. Not only would the healthcare be free for these women,

The other purpose is carrying out awareness campaigns to establish a solid partnership with active community corporations. This goal has several underlying causes; the main one is the large number of children who are deprived of the simplest form of therapy they are so deserving of, because it is too expensive. Therefore through the relations with these corporations I will attempt to start a fundraiser to cover the needed expenses for the above mentioned category on an annual basis.

The founder of SHC are Noble W. Kendrick, Charles T. McClenachan, William S. Paterson, and Albert L. Rawson. The first clinic in the system opened in 1922 in Shreveport, Louisiana. It granted pediatric orthopedic care. Since, then the networks of orthopedic hospital grew as follows: Louisiana, Hawaii, Minnesota, California, Oregon, Missouri, Washington, Utah, Quebec, Massachusetts, Illinois, Pennsylvania, Kentucky, South Carolina, Mexico, Texas, California, Manitoba, and Florida. It is a registered 501 © (3) not for profit charitable association under Internal Revenue Service (IRS) regulation. It was created by a groups of inspired, brilliant, interested, and devoted young professional from around the world. It helps generate significant charitable and economic influence in communities in which it plays, and provide financial opportunities for victims. This corporation implement research and educational project and programs. It follows the Millennium Development Goals (MDGs) with the assistance of the SHC’s six core inter-related focal areas: Research, Health, Examination, Education, Planning, and Policy Development to Health Services. SHC first identifies communities that can benefit from our support. Once that is done they begin working with the public leaders and members to establish the needs and medical care for victims of natural disaster in the area. Then, SHC empower the youth of the community and monitors medication effects on the patient and manages the projects for a short-term period to make certain possibility and victory. Once they have made sure that the goals of the plan have been accomplished they leave the patients in the hands of the local Shriner representative. They leave the community with a renewed sense of commitment, pride, value, vision, possession, and authorization. SHC employees are scientists who implement research or nurses who grant medical care for ill

A non-governmental organization (NGO) is a non-profit group which can be organized on a local, national, or international level. The NGO I selected is Free the Children. The short form used to identify it is FTC. The purpose of the NGO is to free children from poverty, exploitation, and the notion that they are powerless to effect change. The co-founders are Craig Kielburg and Marc Kielburg. It was founded in Thornhill, Ontario in 1995. The head office is located at 233 Carlton Street Toronto, Ontario M5A2J2, Canada.

Stakeholders play a critical role in the management and decision-making process of an organization. An example of a stakeholder includes employees, managers, patients, vendors, suppliers, the community, creditors, customers and the government (Daft, 2013). Also, Daft (2013) says, “Stakeholders are groups “within or outside of the organization that has a stake in the organization’s performance” (p. 23). There are a few differences surrounding stakeholder expectations between non-profit and for-profit organizations. The differences in nonprofit organizations and for-profit business organizations are the direction of activities for the end goal (Daft, 2013). Although it is very difficult to measure the impact that a nonprofit has on society, community, or a particular group as opposed to evaluating an income statement from a for-pro-profit organization. The same level of attention should be paid to stakeholder for nonprofit organizations as stakeholders of for-profit organizations.

“Since 1983, Children’s Miracle Network Hospitals has raised more than $5 billion—most of it $1 at a time—for 170 children’s hospitals across the United States and Canada, which, in turn, use the money where it’s needed the most. These donations have gone to support research and training, purchase equipment, and pay for uncompensated care, all to save and improve the lives of as many children as possible, the Children’s Miracle Network mission statement is we increase funds and awareness for local children’s hospitals and there vision statement is together we save kids’ lives. ” (http://childrensmiraclenetworkhospitals.org). Strategic planning plays an important role with the Children’s Miracle Network because it determines where the Children’s Miracle Network is going in the 10 years or longer also what better goals they want to accomplish such as raising more money to help sick children, building more buildings on to the hospital, purchasing better medical equipment and coming up with medications that can save these children lives. With the Children’s Miracle Network they are there to help save lives and to help children enjoy their lives as children.

Next, we studied the financial structures of health care organizations. Specifically, we examined the structure of nonprofit healthcare organizations. I remember spending a good amount of time debating whether or not nonprofits should maintain their tax exempt status. As someone who had spent their entire professional career working for a nonprofit organization, I often viewed myself as the sole champion for these organizations. In sessions and on the discussion boards, I advocated that nonprofit healthcare organizations in most situation function as a safe net of the community and that the level of community benefits these organizations provide do justify the lost revenue for state and federal agencies.

Another problem involves the increased time required to identify a given issue, as well as the best practice to formulate and pass a given message. Finally, the hospital faces negative perception by the local patients, which is generated from individual beliefs and perceptions. To curb these challenges, the SickKids Hospital has developed a suitable financial base such as appropriate shareholder and investor inclusion to raise funds for their physicians, communication platforms, and education to alter the perception of the local individuals (Wong, 2012). Together with the inclusion of varying investors, the hospital has broadened its services to include indulgence in charity work. This enables the hospital to develop suitable corporate social responsibility strategies that boosts its finances. In additional, the charity work enables the hospitals to develop a suitable consumer environment that links its operations to its performance and productivity objectives. Donations and Christmas gifts have also contributed largely to funding the SickKids Hospital. Corporate programs within the hospital have been developed to ensure that donations and gifts are accepted at a specified time with suitable compensation for individuals who offer the

A not for profit organization is a corporation or an association that conducts business for the benefit of the general public without shareholders and without a profit motive (Legal, 2013).” There are immense community benefits as a not-for-profit generally accepts everyone regardless of ability to pay. Nonprofit organizations are granted tax-exempt status which helps them to provide services to the public and are expected to be effective managers of their finances as well as being efficient (Financial Management, 2010). In doing so, they can gain exemptions from federal and state incomes taxes and have the ability to solicit tax-deductible contributions (Financial Management, 2010). Organization must follow legal financial

Setting up the ‘Heal the World’ Foundation which aims at providing medicine for children and fighting world hunger, drug and alcohol abuse, and child abuse