The Masimo Foundation was established in 2010 with a $10.3 million gift from Masimo Corporation, which develops innovative monitoring technologies that significantly improve patient care—helping solve "unsolvable" problems. Founded in 1989 by Joe Kiani, Masimo's mission is to "Improve Patient Outcome and Reduce Cost of Care by Taking Noninvasive Monitoring to New Sites and Applications." Additional information about Masimo may be found at www.masimo.com.