A billion-dollar family business goes non-profit

By April Hall

When J. Mark Baiada turned 70 in 2016, he had more to celebrate than just a big birthday. Bayada Home Health Care, the business he had founded in 1975, was generating more than $1 billion in annual revenues. The Moorestown, N.J., company had become the U.S.’s 10th-largest home health agency, with 310 offices in 22 states and 23,000 employees serving 150,000 patients.

Special Report

Read More

Charity and challenges: The pros and cons of family foundations

Avoiding family philanthropy pitfalls

Issue: 
January/February 2018

OTHER RELATED ARTICLES

  • Choose the Right Trustee

    By Mitzi Perdue

    Choosing the right trustee for your estate will play a significant role in the happiness and well-being of those who come after you. However, in most of the cases I k...

  • A Smarter Gift: Why giving your child a mortgage may be better than giving them a house.

    As housing prices continue to climb in many of the nation’s hot real estate markets, many young families 

    [[{"fid":"9824","view_mode":"de...

  • A company driven by growth

    The Larry H. Miller Group of Companies was founded with a single Toyota dealership Larry and his wife, Gail, bought in 1979. Today, the group consists of 80 companies with about 10,000 employees, g...

  • How family offices serve families' needs

    Five years after her entrepreneur husband died in 2000, Michele Rollins decided her children needed to be brought in on the family’s financial arrangements.

    The late John W. Rollins Sr. had...