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OHSU has designated two independent nonprofit foundations – the Oregon Health & Science University Foundation and Doernbecher Children's Hospital Foundation. The foundations exist to secure private philanthropic support for OHSU, and to invest and manage gifts responsibly in accordance with donors' wishes. Each year tens of thousands of donors contribute millions of dollars in financial support to OHSU through these organizations. The foundations also oversee the efforts of hundreds of volunteers who participate in community-based fund-raising programs and events supporting OHSU. This broad range of support places OHSU among Oregon's top beneficiaries of private philanthropy. And it makes the OHSU Foundation, with more than $419 million in assets, the largest public university foundation in Oregon – and among the top higher education funds in America.