Leidos Donates $2.5 Million to the Children's Inn at NIH To Expand Support for Pediatric Research

Rhea-AI Summary

Leidos (NYSE:LDOS) announced a $2.5 million donation to The Children's Inn at the National Institutes of Health to support renovations and expansions. The contribution will help increase The Inn's capacity to serve young patients and families participating in pediatric research. The donation is part of The Children's Inn's $50 million 'Building Extraordinary' capital campaign, which aims to enhance facilities and services. Upon completion in 2027, the expansion will increase capacity by 25%, allowing accommodation for up to 3,000 patients annually. In recognition of this gift, The Inn's new porte-cochere will bear the Leidos name.

Insights

Corporate Social Responsibility Analyst

This $2.5 million donation represents a strategic CSR investment that enhances Leidos' position in the healthcare and government contracting sectors. The contribution to The Children's Inn's $50 million capital campaign demonstrates sophisticated stakeholder management, particularly strengthening ties with the NIH - a important federal partner. The planned 25% capacity increase to serve 3,000 patients annually creates measurable social impact metrics valuable for ESG reporting.

The naming rights for the porte-cochere provides lasting brand visibility at a prominent NIH-adjacent facility, while the focus on pediatric research aligns with Leidos' health solutions portfolio. This builds on their existing healthcare credentials and could strengthen their competitive position for future NIH and HHS contracts. The donation's timing and scale suggest a well-planned approach to maintaining strong government relationships while generating positive PR value.

Healthcare Industry Analyst

The strategic value of this donation extends beyond philanthropy - it positions Leidos advantageously within the NIH ecosystem, where the company already holds significant contracts. The expansion project's completion target of 2027 coincides with increasing federal investment in rare disease research and precision medicine initiatives. By supporting The Children's Inn's infrastructure expansion, Leidos gains early insights into emerging pediatric research trends and maintains proximity to key NIH decision-makers.

For investors, this represents a calculated investment in relationship capital within the healthcare sector, particularly valuable as Leidos competes for federal health IT and research support contracts. The donation's scale relative to Leidos' $19.9 billion market cap is modest, but the potential return on investment through enhanced institutional relationships and market positioning in the healthcare sector could be substantial.

RESTON, VA / ACCESSWIRE / December 18, 2024 / Leidos (NYSE:LDOS) announced a $2.5 million donation to The Children's Inn at the National Institutes of Health. The contribution will support renovations and expansions that will increase The Children's Inn's capacity to serve young patients and their families participating in pediatric research. In recognition of this gift, The Inn's new porte-cochere - the welcoming main entrance for families and visitors - will bear the Leidos name.

"For more than two decades, Leidos has stood alongside The Children's Inn, championing its mission to create a place like home for children and families fighting rare and complex diseases," said Leidos CEO Tom Bell. "This donation reflects our deep commitment to advancing medical research and supporting the courageous families who inspire us every day."

The gift supports The Children's Inn's $50 million "Building Extraordinary" capital campaign, which aims to enhance facilities and services for the growing number of patients partnering with NIH researchers to tackle rare and serious diseases. Once completed in 2027, the expansion will increase The Children's Inn's capacity by 25%, accommodating up to 3,000 patients annually.

"As a company dedicated to delivering innovative health solutions, we are honored to deepen our partnership with The Children's Inn," said Liz Porter, Leidos Health & Civil Sector president. "This transformative project strengthens essential support for families while driving the advancement of life-changing medical discoveries."

The donation underscores Leidos' mission-driven focus on advancing health and clinical research in collaboration with the U.S. Department of Health and Human Services. It also highlights Leidos' long-standing partnership with The Children's Inn, reflecting decades of support that includes volunteer work, board leadership, financial sponsorships, and program engagement.

"Leidos has been a fundamental pillar of support for The Children's Inn for more than 20 years, and its ongoing support has made an indelible impact on the lives of countless families," said The Inn's CEO Jennie Lucca. "This donation will help bring our vision for The Inn of Tomorrow to life, providing an even more welcoming and supportive environment for children and families who come to the NIH for life-saving treatments. Leidos' generosity is a testament to its belief in the power of innovation and compassion to change lives."

This donation builds on Leidos' recent contributions to Drake State Community & Technical College and Hampton University, further demonstrating the company's broader commitment to improving lives in the communities it serves.

About Leidos

Leidos is a Fortune 500® innovation company rapidly addressing the world's most vexing challenges in national security and health. The company's global workforce of 48,000 collaborates to create smarter technology solutions for customers in heavily regulated industries. Headquartered in Reston, Virginia, Leidos reported annual revenues of approximately $15.4 billion for the fiscal year ended December 29, 2023. For more information, visit www.leidos.com.

About The Children's Inn

The Children's Inn at NIH is a private, nonprofit "Place Like Home" for children and their families participating in pediatric research at the National Institutes of Health Clinical Center, the world's premier biomedical research hospital. The Inn reduces the burden of illness through therapeutic, educational, and recreational programming at no cost to families. Since opening in 1990, more than 16,000 families from around the world and all 50 states have made The Inn their home during clinical trials. As a partner in discovery and care with the NIH, The Inn strives for the day when no family endures the heartbreak of a seriously ill child.

The NIH Clinical Center is at the forefront of a new era of promising pediatric research. As the world leader in rare disease research, the NIH is positioned to make significant breakthroughs in treating rare inherited diseases, most of which continue to lack a safe, effective treatment. The Clinical Center has about 1,500 active protocols, one-third of which include children. Propelled by advances in gene therapy and cellular engineering, NIH researchers anticipate advanced treatments and even cures for some rare genetic diseases on the horizon.

Milad Bahrami (center), Leidos senior vice president of health solutions, presents a donation check to Jennie Lucca (left), CEO, The Children's Inn; and Brian Kelly (right), board chair, The Children's Inn, editorial director and executive vice president, U.S. News and World Report. (Photo: The Children's Inn at NIH)

View additional multimedia and more ESG storytelling from Leidos on 3blmedia.com.

Contact Info:

Spokesperson: Leidos
Website: https://www.3blmedia.com/profiles/leidos
Email: info@3blmedia.com

SOURCE: Leidos

View the original press release on accesswire.com

FAQ

How much did Leidos (LDOS) donate to The Children's Inn at NIH in December 2023?

Leidos donated $2.5 million to The Children's Inn at the National Institutes of Health to support renovations and expansions.

What is the total value of The Children's Inn's 'Building Extraordinary' capital campaign that LDOS is supporting?

The Children's Inn's 'Building Extraordinary' capital campaign has a total value of $50 million.

When will The Children's Inn expansion project supported by LDOS be completed?

The expansion project is scheduled to be completed in 2027.

What capacity increase will The Children's Inn achieve through the expansion project supported by LDOS?

The expansion will increase The Children's Inn's capacity by 25%, allowing it to accommodate up to 3,000 patients annually.

How long has Leidos (LDOS) been supporting The Children's Inn at NIH?

Leidos has been supporting The Children's Inn for more than 20 years through volunteer work, board leadership, financial sponsorships, and program engagement.