The Role of For-Profit Businesses in Investing in Community Health and Economic Development.

The Anchor Institution Task Force defines "anchor institutions" as, "enduring organizations that are rooted in their localities" (MARGA, 2021) often by mission, invested capital, and relationships to employees, customers, and vendors. Anchor institutions, including colleges, universities, hospitals, community foundations, libraries, and arts institutions, are invested in their local communities' success and economic development. Traditionally, anchor institutions are nonprofit organizations, but little research to date has examined whether or how for-profit businesses support the health and economic development of their communities. This panel symposium will feature three grantees of the Robert Wood Johnson Foundation, the nation's largest philanthropy focused solely on health, who are seeking to better understand whether for-profit business serve as "anchors" in their communities. [ABSTRACT FROM AUTHOR]