What does bi3 stand for?
The letters “bi” honor the Bethesda Inc. heritage. The number “3” recognizes that Bethesda Inc.’s grantmaking initiative is built on three core elements – ideas, investments and innovation.
When do you anticipate the next RFP will be issued?
We are now reviewing our philanthropic investment strategy and process. We anticipate making an announcement in mid 2018 about our grantmaking work going forward.
How does bi3 define “transformational?”
We consider “transformation” to be sustainable systems and culture change; breakthrough change that results in better care, better health and lower cost.
Plan > Pilot > Scale
We are willing to take informed risks and invest in transformational ideas that can be scaled. bi3 funds primarily in the planning and piloting stages, and may consider opportunities to scale successful pilots. We have a strong commitment to collaborative efforts and partnerships.
How many projects are funded annually?
bi3 has typically awarded two or more large-scale grants each year, in addition to smaller planning grants. The exact number varies from year to year.
How will bi3 define success?
Success relates to sustainable systems and/or cultural change that align with the Triple Aim – better care, better health, and lower cost.
What is the relationship between bi3, Bethesda Inc. and Bethesda Foundation?
bi3 is Bethesda Inc.’s forward-looking grantmaking initiative to transform health in Greater Cincinnati.
Bethesda Inc. is our parent organization, a co-sponsor of TriHealth and provides oversight for Bethesda Foundation.
Bethesda Foundation cultivates major gifts in support of specific projects at Bethesda hospitals, Hospice of Cincinnati and Fernside.
Does an independent community organization have to partner with TriHealth to be eligible for a grant?
No. However, a relationship with TriHealth in some capacity, either as an active partner or in the form of participation on boards or advisory committees, is preferred.
Do partnerships have to be established before submitting a preliminary grant application?
No. However, we encourage you to list potential partners you have approached and/or are interested in working with to implement your project. With that said, we encourage you to open a dialogue with TriHealth before submission if the implementation of your project relies on TriHealth involvement.