Video: What Is St. Jude's? Why Families Never Get a Bill | WYDE.org Explainer

At St. Jude, no family ever gets a bill. Not for treatment, travel, housing, or food. Here's how that's possible. St. Jude Children's Research Hospital, founded by entertainer Danny Thomas in 1962 in Memphis, both treats kids with cancer and other catastrophic diseases and researches the cures. Its promise: families never receive a bill for treatment, travel, housing, or food, so they can focus entirely on their child. How is that possible? It costs roughly $1.7 million a day to run St. Jude, and the large majority of that comes from public donations, raised by its fundraising arm, ALSAC. The results speak for themselves: St. Jude has helped push the US childhood cancer survival rate from about 20% in 1962 to over 80% today, and it shares its research with the world. It's consistently one of the most trusted and beloved charities in America. Causes like these are what WYDE exists to support. WYDE is a new platform building a way for causes to be funded continuously and governed by their own members. ▶ Support St. Jude: https://www.stjude.org ▶ Watch next: "What Is the Red Cross?" + "The #1 Charity for Every Cause" St. Jude Children's Research Hospital is referenced for educational purposes; this video implies no affiliation or endorsement. WYDE is the Impact Exchange where causes go public and become member-governed; a cause coin is a governance token, not an investment. st jude, what is st jude, st jude childrens research hospital, why st jude is free, st jude explained, childhood cancer, danny thomas, ALSAC, st jude how it works, cancer research, children's hospital, WYDE, EAT, doing good, nonprofits, give back, social impact, charity explained, pediatric cancer, future of giving