Children’s National Medical Center hospital puts hopes in crowdfunding – Washington Business Journal

Children’s National Medical Center researchers hope the general public’s generosity can fill in the gaps left by dwindling governmental and philanthropic support.

Following a business trend that is exploding in the technology and nonprofit medical community, Children’s Sheikh Zayed Institute for Pediatric Surgical Innovation launched in late November a “crowdfunding” initiative — the process of raising small amounts from a massive pool of individuals, often nationwide and mostly through online and social media routes.