CARILION CLINIC FOUNDATION

What CARILION CLINIC FOUNDATION does

Carilion Clinic Foundation is a 501(c)(3) nonprofit organization established in 2006 to generate philanthropic support for Carilion Clinic, a not-for-profit healthcare system serving nearly 1 million Virginians across Southwest and Western Virginia. The Foundation is headquartered in Roanoke at 903 S. Jefferson Street and operates with a small team of 1-10 employees led by a VP of Philanthropy, working under a Board of Directors chaired by Robert G. Bennett and including CEO Nancy Howell Agee (now CEO Emeritus of Carilion Clinic). Its business model is charitable giving from individuals, businesses, and organizations, with donor recognition structured across eight giving tiers ranging from $1 (Friends) to $50,000+ (Presidents Society), and gifts of $500 or more recognized on the Donor Wall at Carilion Roanoke Memorial Hospital.

The Foundation's core offering is a portfolio of fundraising programs and designated funds supporting patient care, medical education, clinical research, and capital projects. Flagship programs include the Reaching Far, Caring Close campaign (which exceeded its $100 million goal by raising more than $105 million for the Carilion Taubman Cancer Center), the Patient Care Fund, the Dr. Robert L.A. Keeley Healing Arts Program, Carilion Children's, and the Partners in Health corporate partnership program. Distribution channels include an online donation portal, mail-in giving, corporate giving at multiple tiers, third-party community fundraising events, and direct engagement at Carilion facilities. The Foundation partners strategically with the Virginia Tech Carilion School of Medicine, Fralin Biomedical Research Institute, Children's Miracle Network, and Blue Ridge Cancer Care, and co-locates programming on the Riverside Campus where a new seven-story, 250,000-square-foot Carilion Taubman Cancer Center is under construction for 2028 opening, with a $50 million proton therapy initiative adding advanced treatment capacity.

Revenue mechanics are donation-driven with no pricing model in the conventional sense; instead, the Foundation deploys tiered recognition societies, named giving opportunities, endowed funds, planned giving, and employer matching programs to attract and retain donors. Major gifts include a $42.5 million Taubman family commitment, multiple $1 million gifts from the Logan, Kirk, Strauss, Arrington, and Cox families/foundations, and broad-based support from 300+ donors including $7.7 million from Carilion employees. The Foundation does not operate as a technology company and has no proprietary AI/ML capabilities; its competitive position is anchored in the Carilion Clinic brand, its integrated relationship with the parent health system, and decades of regional philanthropic infrastructure.

Name

CARILION CLINIC FOUNDATION

Legal name

Carilion Clinic Foundation

Website

https://carilionfoundation.org

Company type

Private

Founded year

2006

Operating status

Operating

Headcount range

1–10 employees

Short description

Carilion Clinic Foundation is a 501(c)(3) nonprofit that raises and manages philanthropic funds to support patient care, medical education, and health programs for Carilion Clinic, serving nearly 1 million Virginians across Southwest Virginia.

Ownership category

akta.pro rank

Product category

Healthcare Philanthropy and Hospital Fundraising

NAICS

Voluntary Health Organizations (813212), Grantmaking Foundations (813211), Grantmaking and Giving Services (81321)

SIC

Services-Social Services (8300), Services-Health Services (8000)

akta.pro primary industry

Health & Medical Research Grantmaking Foundations (BPAGAKAL)

akta.pro secondary industries

Community Foundations (BPAGAKAB), Disease-Specific Research & Support (e.g., Cancer, Diabetes, ALS) (BPAGACAA)

Keywords

• Healthcare philanthropy
• Charitable fundraising
• Donor recognition programs
• Patient care funding
• Corporate giving partnerships

Headquarters

HQ city

Roanoke

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Others

Revenue model

1. Charitable Donations and Philanthropic Support: The Foundation generates revenue through charitable donations from individuals, businesses, and organizations. Donors may designate specific Clinic initiatives or programs they wish to support, or contribute to areas of greatest need.

Pricing tiers

Distribution channels4 records

Marketing channels6 records

Core offering

Carilion Clinic Foundation is a nonprofit 501(c)(3) organization that raises and manages philanthropic funds to support patient care, medical education, and community health programs of Carilion Clinic. It operates multiple donor programs, including individual giving, major gifts, planned giving, workplace matching, corporate partnerships via Partners in Health, and the flagship Reaching Far, Caring Close campaign funding the Carilion Taubman Cancer Center and proton therapy expansion. Donors may designate contributions to specific initiatives or contribute to areas of greatest need.

Product overview

CARILION CLINIC FOUNDATION is a non-profit healthcare philanthropy organization that operates as a single unified giving platform supporting Carilion Clinic. The foundation manages multiple fundraising programs including the flagship Reaching Far, Caring Close campaign for cancer care transformation, the Carilion Taubman Cancer Center development, and proton therapy expansion. Core programs include the Patient Care Fund, Dr. Robert L.A. Keeley Healing Arts Program, and Carilion Children's pediatric services. The foundation also manages corporate partnership programs through Partners in Health and various donor giving societies. The organization does not offer a technology product but rather serves as a charitable fundraising entity connecting donors to healthcare services.

Differentiator

Problem solved

Functional benefit

Brands

• Reaching Far, Caring Close: Major fundraising campaign to transform cancer care at Carilion Clinic
• Partners in Health
• Carilion Children's
• Patient Care Fund
• Dr. Robert L.A. Keeley Healing Arts Program

Products and services

• Reaching Far, Caring Close Campaign A multi-year capital campaign to fund the Carilion Taubman Cancer Center and now also proton therapy, surpassing its $100 million goal with more than $105 million raised in support of cancer care at Carilion Clinic.
• Carilion Taubman Cancer Center A new seven-story, 250,000-square-foot cancer center being constructed on Carilion's Riverside Campus that consolidates personalized care, advanced technology, treatment options, clinical trials, and research in a single location; named in recognition of a $42.5 million gift from Nicholas F. and Eugenia L. Taubman.
• Proton Therapy Program An advanced radiation therapy initiative that targets tumors with pinpoint accuracy while minimizing damage to surrounding healthy tissue; a $50 million effort that would position Carilion as one of only three Virginia providers and fewer than 50 in the U.S. to offer this treatment.
• Patient Care Fund
• Dr. Robert L.A. Keeley Healing Arts Program
• Carilion Children's
• Partners in Health Program
• Annual Gifts at Work

Quantifiable outcome

• Reached $100 million fundraising goal for Carilion Taubman Cancer Center
• +2 more outcomes

Named customers9 records

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Twelve partnerships are on record, tiered core and minor.

• Virginia Tech Carilion School of MedicinecoreStrategic or Co-development PartnerAcademic partnership for medical education. The new Carilion Taubman Cancer Center is located on the Riverside Campus shared with the Virginia Tech Carilion School of Medicine and Fralin Biomedical Research Institute at VTC. Medical school partnerships and joint activities projected to have $400 million economic impact in 2023.
• Fralin Biomedical Research Institute at VTCcoreStrategic or Co-development PartnerCo-located on Carilion's Riverside Campus with the new Cancer Center. Research institute partnership supporting cutting-edge research and clinical trials.
• Children's Miracle Network (CMN)coreStrategic or Co-development PartnerNon-profit organization raising funds for pediatric programs. CMN Southwest Virginia supports Carilion Children's services. Partnership includes a $1 million endowment for the CMN Endowed Chair in Pediatric Medicine.
• Blue Ridge Cancer CarecoreStrategic or Co-development PartnerClinical partnership providing comprehensive cancer care in partnership with Carilion Clinic. Together they provide services for adult and pediatric patients from diagnosis through treatment to rehabilitation and survivorship.
• Atlantic Union BankminorChannel Partner/ Reseller/ DistributorPartners in Health member at Visionary Society level ($25,000-$49,000)
• Freedom First Credit UnionminorChannel Partner/ Reseller/ DistributorPartners in Health member at Visionary Society level ($25,000-$49,000)
• AECOMminorChannel Partner/ Reseller/ DistributorPartners in Health member at Benefactor Society level ($10,000-$24,999)
• Berglund Automotive GroupminorChannel Partner/ Reseller/ DistributorPartners in Health member at Benefactor Society level ($10,000-$24,999)
• TruistminorChannel Partner/ Reseller/ DistributorPartners in Health member at Benefactor Society level ($10,000-$24,999)
• SkanskaminorChannel Partner/ Reseller/ DistributorPartners in Health member at Benefactor Society level ($10,000-$24,999)
• TraneminorChannel Partner/ Reseller/ DistributorPartners in Health member at Benefactor Society level ($10,000-$24,999)
• Robins & MortonminorChannel Partner/ Reseller/ DistributorPartners in Health member at Benefactor Society level ($10,000-$24,999)

Scale indicators6 records

Recent moves8 records

Expansion highlights5 records

Direct peers

• UVA Health Foundation: Philanthropic arm of UVA Health, a Virginia academic health system. Directly comparable as a hospital foundation raising major gifts for capital projects, medical education, and patient care in the same regional market.
• VCU Massey Comprehensive Cancer Center: Virginia-based academic cancer center with associated philanthropic foundation. Comparable as a regional cancer care institution supported by community fundraising and major gifts for capital expansion and research.
• Sentara Healthcare Foundation: Foundation supporting Sentara, an integrated nonprofit health system serving Virginia and northeastern North Carolina. Comparable regional footprint, multi-facility scope, and corporate giving programs.
• Inova Health Foundation: Philanthropic foundation supporting Inova Health System in Northern Virginia. Comparable as a multi-hospital nonprofit health system foundation running capital campaigns and donor recognition programs.
• Duke Health Foundation: Philanthropic entity supporting Duke University Health System and Duke Cancer Institute. Comparable academic-health-system foundation executing multi-hundred-million dollar campaigns and named facility gifts.
• Children's Miracle Network Hospitals: National nonprofit pediatric fundraising organization partnered with Carilion through CMN Southwest Virginia. Comparable as a hospital-affiliated pediatric philanthropy program with corporate partner networks and endowed chair campaigns.
• Wake Forest Baptist Health Foundation: Philanthropic foundation supporting Atrium Health Wake Forest Baptist in North Carolina. Comparable regional academic health-system foundation with multi-facility scope and named-gift campaigns.

Broad incumbents

• Vanderbilt-Ingram Cancer Center: NCI-designated comprehensive cancer center with associated Vanderbilt fundraising infrastructure. Comparable in cancer-center scale, research integration, and major-gift cultivation, though at larger academic scope.
• American Cancer Society: National voluntary health organization raising funds for cancer research, patient support, and education. Comparable as a large-scale health philanthropy with multi-channel fundraising and donor society structures.
• Johns Hopkins Kimmel Cancer Center: NCI-designated comprehensive cancer center at Johns Hopkins with associated major-gift philanthropy. Comparable in cancer-center philanthropy, named facilities, and research funding campaigns, though at national scale.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat3 records

Key risks4 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/carilion-clinic-foundation

Revenue estimate

Valuation estimate

Number of profiles

Profiles20 records

Funding overview

Funding rounds

Investors

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M&A

Investments

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Frequently asked questions about CARILION CLINIC FOUNDATION