Presbyterian Healthcare Foundation History & Mission
The mission of the Presbyterian Healthcare Foundation is to raise and steward funds necessary to improve the health and lives in Presbyterian Healthcare Services communities.
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The Presbyterian Healthcare Foundation was incorporated in 1967 and was one of the first 100 hospital foundations in the country. It was the brainchild of then-CEO Ray Woodham, who felt that Medicare legislation passed in 1965 and implemented in 1966 would result in decreased payments to hospitals. Woodham wanted a formal vehicle to raise and accept charitable donations and in 1966 set up the Presbyterian Hospital Center Foundation, our forerunner.
The Foundation is a self-supporting organization funded entirely by a portion of the proceeds from investment income. All charitable contributions from our donors are distributed based on the donor's intent. This stewardship is the cornerstone of philanthropic accountability.