30 Jun Milwaukee Business Journal: Froedtert Hospital, Medical College surpass $300 million in six-year campaign
The Medical College of Wisconsin and Froedtert Hospital said they raised a record amount of philanthropic support — $300.1 million — in a capital campaign that spanned six years.
The campaign proceeds will go toward the two Wauwatosa-based institutions’ broad strategic priorities, including cancer research, student scholarships and new technologies to improve patient care and outcomes, Froedtert and the Medical College said Wednesday. The original goal for the campaign that started July 1, 2015, was $200 million.
Froedtert and Medical College leaders said the funds will help elevate access to research-based health care and support partnerships with the community to reduce health care disparities.
“The leadership and generosity of our donors will benefit this community for generations,” Medical College of Wisconsin president CEO Dr. John Raymond Sr. said in a press release.
The philanthropic investments bolster all of the Medical College’s work, such as efforts to address health disparities “that have kept our community behind economically and socially, including racial inequities that require our urgent attention,” Raymond said.
Froedtert Health president and CEO Cathy Jacobson said the system is already addressing the toughest problems in medicine and delivering care for patients and families not available anywhere else in the region.