David E. Krause, who’s led the Dallas-based Parkland Foundation since 2005, says he’ll retire as the foundation’s president and CEO in the fall of 2019.
In announcing his decision, the longtime philanthropy executive and Dallas native said, “My work on behalf of Parkland Health & Hospital System has been the most meaningful of my career. … It has been a great privilege to serve alongside the incredible philanthropists, community leaders, medical staff, volunteers and employees who are dedicated to Parkland’s mission of caring for all.”
During his tenure with the foundation, which secures financial resources for Dallas County’s safety-net hospital system, Krause helped guide the $150 million, “I Stand for Parkland” campaign to construct the new, state-of-the-art Parkland Memorial Hospital. The campaign netted the largest private charitable gifts ever made to a U.S. public hospital.
Krause also oversaw a $17 million campaign to put up the system’s Simmons Ambulatory Surgery Center, which opened in 2007, and helped secure more than $36 million of a $40 million goal to build a new comprehensive breast center at Parkland. The Moody Center for Breast Health is scheduled to open in 2021.
Before joining the Parkland Foundation, Krause served as vice president of the Dallas-based Baylor Health Care System Foundation from 1987 to 1995. From 1996 to 2005 he was senior vice president for development at Children’s Medical Center Dallas. In 2010, he was named the Outstanding Fundraising Executive by the National Association of Fundraising Professionals.
Said Dr. Fred Cerise, Parkland president and CEO: “The resources secured by Parkland Foundation under David’s guidance have significantly advanced the health system’s goals and made a lasting difference in the quality of care provided to residents of Dallas County.”