By Tim Dykes
www.omniproconsulting.com
Imagine the day you receive a $1 million gift. Then imagine that you see that gift used to impact the healthcare of more than 10,000 patients per year. That day happened for me when I was working for one of the largest healthcare organizations in Kansas City in 2008.This unrestricted gift was immediately put to good use, helping purchase a cutting-edge CT scanner that exposed the patient to minimal radiation. At the time, it was the only such scanner in the country.
If the donor were to have restricted this gift, the law would have required the hospital to use it for the intended purpose of the donor, which might not have had close to the same impact on patient care. Always approach a restricted gift with much consideration and discussion prior to accepting and documenting the gift.