FAQs

Yes.  A hospital may use donated funds to pay down short-term or long-term debt. 

Yes.  A hospital may use donated funds to make payments on a construction loan to build a new treatment center. 

Yes.  A hospital may use donated funds to pay an architectural firm to design a proposed new treatment center.

Yes.  A hospital may use donated funds to pay an accounting firm to prepare financial projections relating to the construction and operations of a proposed new treatment center.

Yes.  A hospital may use donated funds to pay the fees of a healthcare consulting firm to prepare a market feasibility study for a proposed new treatment center. 

Yes.  A hospital may use donated funds to finance the construction of a new treatment center that will provide healthcare services.

Yes.  A hospital may use donated funds to finance renovations or improvements to existing facilities that are used to provide healthcare.

No.  Donated funds may not be used for executive compensation.

Yes. However, donated funds may not be used for fundraising purposes or executive compensation.