Published on April 3, 2025
Read Time: 2 Minutes
Three Things to Know
- The Phelps Health Foundation has launched an endowment to ensure the long-term sustainability and growth of healthcare services in the region.
- This fund will support medical technology, patient care programs, community health initiatives and facility improvements.
- By securing financial stability, the endowment will enhance healthcare access, innovation and excellence for generations to come.
The Phelps Health Foundation proudly announces the launch of its new endowment, a significant initiative that ensures the sustainability and growth of healthcare services for Phelps Health. An endowment is a fund in which the principal amount is invested, and only the income generated is used to support programs, allowing the fund to grow over time and provide long-term financial stability. This endowment represents a long-term commitment to patient care, community health programs and facility improvements to meet the region’s evolving needs.
“Our mission is to ensure that our community has access to high-quality, accessible healthcare,” said John Money, senior vice president of Human Resources and philanthropy at Phelps Health. “By establishing this endowment, we’re securing a healthier future for generations to come.”
A Transformative Initiative
The Foundation’s endowment is a sustainable funding source designed to:
- Support cutting-edge medical technology to enhance patient outcomes
- Expand access to comprehensive patient care programs
- Boost community health initiatives such as education and wellness programs
- Improve hospital facilities with state-of-the-art upgrades
A New Chapter for Healthcare in the Region
This initiative reflects the Foundation’s proactive approach to addressing the region’s healthcare needs. By creating a dedicated endowment, the Foundation ensures that funding is available to meet both current and future challenges while continuing to prioritize patient well-being.
“The endowment is a game-changer for our healthcare system,” said Paige Heitman, director of philanthropy at the Foundation. “This fund provides the financial stability that enables us to innovate, adapt and deliver the exceptional care our community deserves.”
A Tangible Impact
The potential impact of this initiative is best illustrated by the stories of those it will help. “As a healthcare provider, I see firsthand the challenges our patients face and the resources required to meet their needs,” said Christopher Spencer, MD, MS, DABR, radiation oncologist and medical director of the Delbert Day Cancer Institute. “The endowment enables us to invest in advanced technology and programs to improve patient care. This initiative is a vital step toward a stronger, healthier community.”
The Foundation invites the community to join this transformative journey. Endowment contributions directly support the programs and services that make a daily difference in countless lives.
To learn more about the endowment or contribute, visit this page or contact Paige Heitman.