As published in the Atlanta Business Chronicle on Dec. 1, 2017
Thanks to a new $50 million gift from the Robert W. Woodruff Foundation, Grady Health System is within $10 million of reaching its $165 million goal to fund two capital projects that will enable the hospital to become more financially sustainable.
The $50 million is in addition to the $200 million the Woodruff Foundation gave 10 years ago when the public safety net hospital was in dire financial straits. That $200 million was the catalyst in a $325 million private fundraising effort that saved the hospital from going under.
Grady Hospital first opened its doors in 1892 with 14 rooms and the mission to offer the best hospital care possible regardless of a person’s social status. Since opening its doors, thousands of people from all walks of life have turned to Grady to receive care and comfort in their hour of need. Over the years, the hospital has gained an excellent international reputation as a public hospital and it has grown to become the largest hospital in the State of Georgia, public or private.