KNOXVILLE – The Knoxville Hospital & Clinics (KHC) Foundation is tremendously grateful to have the support of community members and KHC family who help save and improve the lives of our patients through their generous donations. Recently more than 75 donors, physicians, staff, and friends gathered at the Knoxville Hospital & Clinics for a time of fellowship and donor recognition.
“This event was one way to honor our most generous partners who have shown their commitment to having the best medical services available to our community,” said Jim Butler, KHC Foundation President. “We deeply appreciate these folks who are helping KHC provide outstanding and innovative care.”
In 2014, KHC embarked on a plan to invest in the physical space. The current facility was built in 1979 and after a few major renovations, the 30+ facility has served the community well, but was overdue for improvements. A $15 million investment touched the core service areas of the hospital:
- Inpatient rooms
- Emergency Department
- Surgery Department
- Physical Therapy
While there is no doubt that the $15M investment in the facilities has improved care for the people served, there is still more work to be done.
KHC leadership has embarked on a five to 10 year master plan that will position the hospital to continue caring for and treating current and future generations. The KHC Foundation is currently raising funds for three priorities:
- Expansion of the Emergency Department Ambulance Bay and relocation of the Helipad
- Expansion of the Orthopedic program
- Acquisition of 3D Mammography equipment
The total cost for these three projects is $3 million. By investing $3 million, the community will be receiving an $18 million upgrade in health care services.
All donations, regardless of size, will be accepted. If an individual chooses to make a pledge payment, pledges are accepted for three or five year terms. Several naming opportunities have been identified. These naming opportunities enable donors to use their gift to establish a lasting tribute to their family, a deceased loved one, an admired individual, a business or an organization. Specific naming opportunities range from clinic exam rooms and inpatient rooms to triage rooms to entire departments.
To the employees at KHC, the hospital is more than just a place to work, to some it is a home away from home. It is a place the employees care about because of the work done and the difference KHC makes in the health of our community. Many of the hospital’s employees have taken their commitment to the community one step further by participating in the annual campaign. The number of employees who contribute is a true testament of their compassion and dedication.
“We are very appreciative of the role our employees play in helping us achieve success,” said Butler. “We also are very fortunate that we have received the financial backing from many individuals in the community as well as larger corporate foundations such as Pella Rolscreen Foundation and Casey’s General Stores Foundation, but there is much work that needs to be done.”
Knoxville Hospital & Clinics is a nonprofit hospital. Nonprofit hospitals, viewed as charities by the IRS (assuming they comply with guidelines governing nonprofits, like providing certain benefits to the community), are mostly funded by charity, religion or research/educational funds. Nonprofit hospitals do not pay federal income or state and local property taxes, and in return they benefit the community. A misconception is that KHC receives city taxes and county funding, but it does not receive either.
There are two main differences between for-profit and nonprofit hospitals. For-profits pay income and property taxes; and for-profits can also raise revenue through private investors or public shareholders, depending on who owns the hospital. Nonprofits do not pay the same kind of taxes and operate more like charity organizations.
Anyone interested in making a contribution or visiting about the naming opportunities available is encouraged to call the KHC Foundation office at 842-1418.
Knoxville Hospital & Clinics, a Critical Access Hospital serving Marion County and the surrounding area, is dedicated to providing personal, progressive quality health care with compassion. For more information regarding this release and other happenings at Knoxville Hospital & Clinics, call the Public Relations office at (641) 842-1418 or visit www.knoxvillehospital.org.