Best Buy founder gives $20 million to Naples hospital for heart center


The philanthropic foundation started by Best Buy founder Dick Schulze is donating $20 million to the NCH Healthcare System’s new cardiac and stroke center.

Schulze said Wednesday the gift from his Richard M. Schulze Family Foundation is the largest it has given to a project in Naples.

An announcement ceremony was held at the Telford Building on the campus of the NCH Downtown Baker Hospital.

That’s the site for the nearly $200-million heart and stroke center that still needs approval from the city of Naples.

 The Telford building would be torn down. The downtown campus and Telford building are between Fourth Avenue North, Eighth Street North, Second Avenue North and Sixth Street North.

More:NCH Heart Institute gets preliminary approval from Naples design board

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Best Buy founder Dick Schulze speaks with members of the heart center team after he and the Richard M. Schulze Family foundation made a $20 million donation to it at NCH Baker Downtown Hospital in Naples on Wednesday, May 24, 2023.

NCH officials say the new heart center will be state of the art and patients will no longer feel a need to travel out of town anymore for cardiac care.

Schulze said he moved to Naples from Minneapolis more than 15 years ago and what was missing was an emphasis on the importance of cardiological and neurological care.


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