Curated News
By: NewsRamp Editorial Staff
September 22, 2025

Elena A. Miranda Foundation Donates $500K to Nicklaus Children's Hospital

Reddit Discuss on LinkedIn View History of this news story on GitHub
Original Source

TLDR

  • The Elena A. Miranda Foundation's $500,000 donation establishes naming rights for the hospital lobby wing, creating lasting recognition for their philanthropic leadership.
  • The foundation ensures 100% of donations go directly to the Patient Assistance Fund by having dedicated donors cover all administrative costs completely.
  • This $500,000 donation provides life-saving medical treatment for underprivileged children whose families lack financial means and public funding is unavailable.
  • A foundation founded in 2023 to honor a late sister already made a major impact with a named hospital wing from its significant donation.

Impact - Why it Matters

This news matters because it highlights a critical lifeline for families with children facing severe medical crises. When a child's life is at risk, the stress of medical bills can be overwhelming, especially for those without adequate insurance or financial resources. The Elena A. Miranda Foundation's substantial donation, with its unique 100% pass-through model, directly addresses this gap by funding the Patient Assistance Fund at a premier pediatric hospital. This ensures that financial hardship does not stand in the way of life-saving treatment. For the broader community, it demonstrates the power of targeted philanthropy to create immediate, tangible impacts on healthcare accessibility. It sets a standard for charitable efficiency and serves as a reminder of the vital role private support plays in bolstering public health infrastructure, particularly in areas where government funding falls short. Ultimately, this initiative can save lives and alleviate immense emotional and financial burdens on vulnerable families.

Summary

The Elena A. Miranda Foundation, a nonprofit public charity founded in 2023 by Carlos Fausto Miranda in honor of his late sister, has made a transformative $500,000 donation to Nicklaus Children's Hospital. This significant contribution was celebrated at a reception held on Wednesday, September 17th at the hospital's Kenneth C. Griffin Surgical Tower, where a wing of the lobby was officially named the "Elena A. Miranda Marketplace" in recognition of the foundation's generosity. The event featured remarks from key figures including Allison Baker, President of Nicklaus Children's Hospital Foundation and Senior Vice President of Development for the health system, alongside foundation founder Carlos Fausto Miranda and board member Alejandro Mendieta, President of Coastal Wealth Private Client Group.

The foundation's mission is critically focused on raising funds to support underprivileged children facing life-threatening health conditions, specifically when their families lack the financial means for necessary medical intervention and public funding is unavailable. A unique and compelling aspect of the Elena A. Miranda Foundation's operational model is that all administrative costs are fully covered by dedicated donors, ensuring that 100% of every contribution received goes directly into the hospital's Patient Assistance Fund. This fund is vital for providing life-saving medical treatments. Carlos Fausto Miranda emphasized the importance of this efficiency, stating, "Because public funding is scarce, it's vital that every dollar that enters the foundation goes into the hospital's patience assistance fund to be used for life-saving medical treatment." For more information, you can visit the Elena A. Miranda Foundation website.

The emotional resonance of the event was palpable, with Miranda sharing his personal connection to the hospital, noting the difficulty of returning to a place associated with his sibling's treatment but highlighting the profound purpose behind their investment. The gathering, documented by numerous photos of attendees, underscored a community effort dedicated to making a tangible difference in children's lives. This pledge solidifies the foundation's commitment to its core objective: ensuring that financial barriers do not prevent a child from receiving critical care, thereby turning donor contributions into direct, life-saving impact at one of the region's leading pediatric facilities.

Source Statement

This curated news summary relied on content disributed by citybiz. Read the original source here, Elena A. Miranda Foundation Donates $500K to Nicklaus Children's Hospital

blockchain registration record for this content.