Home Depot Founder Arthur Blank Donates $200 Million To Fund Arthur M. Blank Hospital

Home Depot co-founder Arthur Blank simply donated $200 million by his Arthur M. Blank Family Foundation to fund the Arthur M Blank Hospital in Georgia. The new hospital might be a part of Children’s Healthcare of Atlanta and is a part of that group’s $1.5 billion mission. The hospital might be 1.5 million sq. ft and is scheduled to open in 2025. The hospital might be designed to make the most of timber and nature. It could have one tower with two wings and embody working rooms, diagnostic tools, specialty beds, and house for analysis, scientific trials, and, after all, affected person care.

Arthur Blank Donates $200 Million
Arthur Blank Donates $200 Million. Rob Carr/Getty Images

After school, Blank bought a job on the Daylin Corporation the place he rose by the ranks to grow to be President of Elliot’s Drug Stores and Stripe Discount Stores. Eventually, he turned the VP of Finance of Handy Dan Home Improvement Stores. His longtime pal Bernard Marcus was CEO. The two males had been fired in 1978 on account of firm politics. Blank and Marcus then based The Home Depot in Atlanta in 1978. They used among the methods of huge warehouse shops like Price Club and Costco and revolutionized the house enchancment trade. Blank served as CFO for 19 years, throughout a time when Home Depot expanded quickly nationwide. In 1997, Blank succeeded Marcus as CEO. Blank served as CEO till he retired in 2001. In February 2002, he bought the NFL’s Atlanta Falcons.

The Arthur M. Blank Hospital might be a part of the biggest and solely freestanding kids’s healthcare system in Georgia. The Arthur M. Blank Family Foundation, in accordance with its web site: “promotes positive change in peoples’ lives and builds and enhances the communities in which they live. We seek innovative solutions that enable young people, families, and communities to achieve results beyond what seems possible today.”

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