Philanthropy in Research by Meghan Frost & Leia Morgan

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Philanthropy in Research

Meghan Frost, System Vice President, Philanthropy & Campaigns

Leia Morgan, System Director, Grant Development & Management

February 23, 2023

National Perspective

Benefits of Philanthropy

CommonSpirit Opportunities

Discussion and Questions

Agenda
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Current State | National Investment in Research

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U.S. Medical and Health R&D (2020)

U.S. Medical and Health R&D Investment

Shares by Funding Source

U.S. Medical and Health R&D Investment

Percentage of Overall U.S. Health Spending

Source: “U.S. Investment in Medical and Health Research and Development, 2016-2020.” Research America: Discovery Innovation and Growth, 2020.

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Sector Breakdown for Comparison

5 Industry 66% Federal 25.1% Private 1.2%

Philanthropy | Benefits and Examples

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Limited Investment, Outsized Impact

Private support offers:

• Preliminary data for federal competitiveness

• High-risk, high-reward opportunities

• Novel hypotheses, interventions and infrastructure

• Advance under-supported fields

• Endorsement

• Flexibility

• Longer timelines

• Awards on a rolling basis

• Multi-institution teams

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Stages of Health Research: Examples of Investment

Discovery or Basic Research

Translational Research

Clinical Research

Training and Career Development

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How Philanthropy Advances Health Research

• Develop talent, particularly early-stage careers • Encourage innovation, nurture discoveries • Establish partnerships to promote product development

Disseminate information and data to encourage collaboration

Champion patient engagement practices

Lobby for resources and policy changes

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CommonSpirit | Opportunities

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Increased Opportunity Created By

SPHERES OF INFLUENCE

11 • TIMING • SCALE • PARTNERSHIP •
LEVERAGE

Existing Research Funds

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Research Excellence Equity Fund (REEF)

Clinical Research Innovation

Diversity in Clinical Trial and Research Participation

Strategies

Diversity in Research

Workforce Development

Physician Recruitment

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Discussion and Questions

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Thank you!

Leia Morgan, Grants Development and Management

Leia.Morgan@commonspirit.org

Meghan Frost, Philanthropy

Meghan.Frost@commonspirit.org

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