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The California health care organization is taking a major step to expand its reach and impact. It is forming a new nonprofit that will acquire a half-dozen additional community health systems. This move will allow the organization to provide more comprehensive care to a larger population. The new nonprofit will also focus on improving access to care and reducing health disparities. It is an exciting development for the organization and the communities it serves.

Endowment funds are a vital source of financial support for many non-profit organizations. The world's top 50 endowments have a combined total of over $1 trillion in assets. These funds provide a secure and reliable source of income for non-profits, allowing them to pursue their mission and goals.