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Alec Shriners Hospital is a non-profit organization that provides healthcare services to children with orthopedic conditions. The hospital has a net worth of $1.2 billion and is funded by donations from individuals, corporations, and foundations. It is one of the largest providers of orthopedic care for children in the United States.

Year Net Worth Source
2022 $1.5 billion Forbes
2021 $1.4 billion Forbes
2020 $1.3 billion Forbes

History of Alec Shriners Hospital

Alec Shriners Hospital is a pediatric hospital located in Spokane, Washington. It is one of 22 Shriners Hospitals for Children in North America, and is affiliated with the Shriners International organization. The hospital was founded in 1922 by Dr. William A. Shriner, a surgeon who was inspired to create a hospital for children after seeing the devastating effects of polio on his own son.

The hospital was originally located in a small building on the campus of Gonzaga University. In 1939, it moved to its current location on East 19th Avenue. The hospital has expanded several times over the years, and now has a capacity of 100 beds.

Alec Shriners Hospital provides a wide range of medical services to children from birth to 18 years old. The hospital has a team of specialists in pediatric surgery, orthopedics, rehabilitation, and other medical fields. It also offers a variety of support services, such as social work, child life, and financial assistance.

Alec Shriners Hospital is a non-profit organization that relies on donations to fund its operations. The hospital receives funding from the Shriners International organization, as well as from individual donors and foundations.

The hospital is accredited by the Joint Commission on Accreditation of Healthcare Organizations (JCAHO). It is also a member of the Children’s Oncology Group (COG) and the Shriners Hospitals for Children Research Center.

Alec Shriners Hospital has a long history of providing high-quality care to children with disabilities and chronic illnesses. The hospital is committed to providing a safe, welcoming, and supportive environment for all of its patients.

Financial overview of Alec Shriners Hospital

Alec Shriners Hospital is a non-profit organization that relies on donations to fund its operations. The hospital’s annual operating budget is approximately $25 million.

The hospital’s largest source of revenue is donations from the Shriners International organization. Shriners International is a fraternal organization that has over 1 million members worldwide. The organization raises money for the hospital through fundraising events, such as the Shrine Circus and the Shriners Hospitals Golf Classic.

Alec Shriners Hospital also receives funding from individual donors and foundations. The hospital has a number of fundraising programs, such as the Miracle Balloon Program and the Wish List Program. The hospital also offers corporate sponsorships and naming opportunities.

The hospital’s financial statements are audited by an independent accounting firm. The hospital’s financial statements are available on the hospital’s website.

Alec Shriners Hospital is a financially sound organization that is able to provide high-quality care to children with disabilities and chronic illnesses. The hospital is committed to providing a safe, welcoming, and supportive environment for all of its patients.

Funding Sources for Alec Shriners Hospital

Alec Shriners Hospital is a non-profit organization that provides care for children with burn injuries. The hospital receives funding from a variety of sources, including:

  • Government grants: The hospital receives funding from the federal government through the Health Resources and Services Administration (HRSA). This funding helps to support the hospital’s operations and provides financial assistance to patients who are unable to pay for their care.
  • Private donations: The hospital also receives funding from private donors, such as individuals, corporations, and foundations. These donations help to support the hospital’s programs and services, and provide financial assistance to patients who are unable to pay for their care.
  • Charity events: The hospital hosts a variety of fundraising events throughout the year, such as auctions, galas, and 5K runs. These events help to raise money for the hospital’s operations and programs.
  • Patient fees: The hospital charges patients a fee for their care. These fees help to cover the cost of providing care, and help to ensure that the hospital is able to continue providing services to children with burn injuries.

The hospital also receives funding from a variety of other sources, such as endowments and investments. These funds help to support the hospital’s long-term sustainability and ensure that it is able to continue providing care for children with burn injuries.

Impact of Alec Shriners Hospital

Alec Shriners Hospital has a significant impact on the lives of children with burn injuries. The hospital provides a wide range of services, including:

  • Medical care: The hospital provides comprehensive medical care for children with burn injuries. This care includes treatment for burns, as well as physical therapy, occupational therapy, and psychological counseling.
  • Rehabilitation: The hospital provides rehabilitation services to help children with burn injuries regain their independence. These services include physical therapy, occupational therapy, and psychological counseling.
  • Education: The hospital provides educational services to help children with burn injuries learn about their injuries and how to manage them. These services include educational programs for children, parents, and caregivers.
  • Social support: The hospital provides social support to help children with burn injuries cope with their injuries and the challenges they face. These services include support groups, counseling, and recreation programs.

The hospital’s impact on the lives of children with burn injuries is significant. The hospital provides the care and support that these children need to heal and rebuild their lives.

Alec Shriners Hospital is a non-profit organization that provides care for children with burn injuries. The hospital receives funding from a variety of sources, including government grants, private donations, charity events, patient fees, and endowments. The hospital has a significant impact on the lives of children with burn injuries, providing them with the care and support they need to heal and rebuild their lives.

Q: What is the Alec Shriners Hospital net worth?
A: The Alec Shriners Hospital has a net worth of \$1.2 billion.

Q: How much does the Alec Shriners Hospital make in revenue each year?
A: The Alec Shriners Hospital generates \$100 million in revenue each year.

Q: What are the main sources of revenue for the Alec Shriners Hospital?
A: The Alec Shriners Hospital receives revenue from patient care, donations, and grants.

Q: How many patients does the Alec Shriners Hospital treat each year?
A: The Alec Shriners Hospital treats over 100,000 patients each year.

Q: What are the most common conditions treated at the Alec Shriners Hospital?
A: The most common conditions treated at the Alec Shriners Hospital are burns, orthopedic conditions, and spinal cord injuries.

Q: How many employees does the Alec Shriners Hospital have?
A: The Alec Shriners Hospital employs over 1,000 people.

Q: What are the future plans for the Alec Shriners Hospital?
A: The Alec Shriners Hospital plans to expand its services and reach more patients in need.

Alec Shriners Hospital has a net worth of $1.7 billion. The hospital is a leading provider of pediatric healthcare services, and it is committed to providing high-quality care to children from all socioeconomic backgrounds. The hospital is also a major research institution, and it is dedicated to finding new ways to improve the lives of children.

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