Who Owns Moffitt Cancer Center? 7+ Facts

who owns moffitt cancer center

Who Owns Moffitt Cancer Center? 7+ Facts

Moffitt Most cancers Middle is a not-for-profit group. It isn’t owned within the conventional sense of personal or company possession. As a 501(c)(3) nonprofit, it operates below the steerage of a Board of Administrators accountable for its strategic path and monetary oversight. This construction ensures that sources are devoted to fulfilling the middle’s mission of complete most cancers care, analysis, and schooling.

This non-profit standing is essential for a number of causes. It permits the middle to reinvest earnings again into its packages, enhancing affected person care, supporting cutting-edge analysis initiatives, and increasing instructional alternatives. Moreover, this standing fosters public belief, demonstrating a dedication to serving the group and advancing the combat in opposition to most cancers moderately than pursuing revenue. Moffitt’s historical past displays this dedication, evolving from its preliminary institution in 1981 to its present recognition as a Nationwide Most cancers Institute-designated Complete Most cancers Middle, a testomony to its dedication to excellence in all features of most cancers care.

Read more