St. Jude Children's Research Hospital is a pediatric treatment and research hospital headquartered in Memphis, Tennessee. Founded by entertainer Danny Thomas in 1962, it is a 501(c)(3) designated nonprofit medical corporation which focuses on children's catastrophic diseases, particularly leukemia and other cancers. In the 2021 fiscal year, St. Jude received $2 billion in donations. Daily operating costs average $1.7 million, but patients are not charged for care. St. Jude’s covers some, but not all cancer-related costs. St. Jude treats patients up to age 21, and for some conditions, up to age 25.