INSPIRED EXPONENTIALLY
&DULOLRQ ZDV IRXQGHG LQ DV D QRW IRU SUR¿W RUJDQL]DWLRQ GHGLFDWHG WR FDULQJ IRU WKH VLFN DQG LQMXUHG UHJDUGOHVV RI WKHLU DELOLW\ WR SD\ :LWK D FRPPLWPHQW WR VHUYLFH &DULOLRQ FRQWULEXWHV WR RXU FRPPXQLW\ LQ PDQ\ ZD\V VXFK DV RIIHULQJ IUHH GLVFRXQWHG DQG VXEVLGL]HG FDUH DV ZHOO DV FULWLFDO PHGLFDO VHUYLFHV WKDW ZRXOG QRW RWKHUZLVH EH DYDLODEOH LQ VRXWKZHVW 9LUJLQLD :H KDYH EHJXQ WR PHDVXUH WKHVH FRQWULEXWLRQV DQG FRPSDUH WKHLU YDOXH ZLWK WKH WD[ GROODUV ZH ZRXOG SD\ DV D IRU SUR¿W EXVLQHVV ,Q DFFRUGLQJ WR ,56 JXLGHOLQHV &DULOLRQ JDYH EDFN PLOOLRQ WR WKH FRPPXQLW\ LQFOXGLQJ DQ DYHUDJH RI PRUH WKDQ LQ XQFRPSHQVDWHG FDUH HDFK GD\ Stated another way, for every dollar of tax exemption in 2010, Carilion provided LQ FRPPXQLW\ EHQH¿W
Other ways Carilion Clinic gives back: ·
Carilion is the largest employer in the region, providing jobs for nearly 11,000 residents and a payroll totaling $623 million.
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Despite being tax exempt, Carilion paid more than $760,000 in real estate, meals, and other taxes.
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Employees contributed more than $500,000 to area United Ways in our annual workplace giving campaign.
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Other jobs and taxes were generated in the region through the $2 million renovation of Carilion Tazewell Community Hospital, the opening of a new RAC Xpress fitness center, and an Aetna office with more than 20 employees in downtown Roanoke.
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Students from Jefferson College of Health Sciences filled 150 units in the newly renovated Patrick Henry Hotel, bringing new life to downtown Roanoke, while stimulating the local economy.
UNCOMPENSATED CARE: $117.9 MILLION (CHARITY CARE: $63M)
EDUCATION: $21.9 MILLION COMMUNITY OUTREACH: $5.2 MILLION RESEARCH: $.7 MILLION
COMMUNITY BENEFIT: $145.7 MILLION
$145.7 Million COMMUNITY BENEFIT
TAX EXEMPTION: $26.6 MILLION CarilionClinic.org | Spring 2012
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