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Dr. Peter Kim, who heads up Children’s Hospital’s Sheikh Zayed Institute for Pediatric Surgical Innovation, is seeking $185,000 for four of its projects through “crowdfunding.”

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.

The institute is hoping to raise a slew of small donations to support limited, highly specific research projects that aren’t likely to be funded otherwise.

To read the full, original article click on this link: Children’s National Medical Center hospital puts hopes in crowdfunding - Washington Business Journal