1. How is investing in hospital projects different from donating?
Donating is a charitable act where you give money to support a hospital’s fundraiser, typically for a specific medical cause, and may receive a tax deduction. Investing, on the other hand, involves purchasing equity in a hospital project or related initiative, giving you a financial stake and potential returns if the project succeeds.
2. What types of projects can I invest in through PSN?
Investments focus on innovative hospital initiatives, such as the development of cutting-edge treatment facilities, medical technology research, or specialized care programs. Each project is carefully vetted and listed on the platform with detailed information about goals, funding needs, and potential returns.
3. How does the investment process work on PSN?
When a hospital offers equity in a project, it will appear in the PSN Investment Marketplace. Interested donors can review the project details and decide how much to invest. PSN partners with an equity crowdfunding platform, like StartEngine, to manage the investment process securely and transparently.
4. Are there risks associated with investing in hospital projects?
Yes, as with any investment, there are risks. Returns are not guaranteed, and the success of the project may vary based on market conditions, hospital performance, and other factors. We encourage all investors to review the project details and seek professional advice if needed before committing funds.
5. Can I still donate to hospital fundraisers if I choose to invest?
Absolutely! Donating and investing are separate actions. You can contribute to fundraisers to support immediate medical needs and also invest in longer-term projects that align with your values and financial goals. Both options create meaningful impact, just in different ways.