![]() But they’ve since converted to a private foundation, drawing from a $170 million endowment to award grants supporting the organization’s priorities of building a thriving youth, a vibrant community, and a resilient and diverse economy. In Martinsville, the Harvest Foundation initially started as a public charity after the sale of the community-funded Memorial Hospital. Sign up for Cardinal’s free daily newsletter. Some exceptions, like the Wythe-Bland Foundation, do exist - in that case, the community leased the Wythe County Community Hospital buildings to LifePoint Hospitals Inc., creating funding for the foundation. Federal and many state laws require the proceeds from such sales go to charitable endeavors similar to those of the original nonprofit entity.Īccording to the Internal Revenue Service, the organizations are tax-exempt as 501(c)(3)s, but they are considered private foundations, generally operating with endowment funds provided by the initial hospital sale rather than conducting fundraising efforts like public charities. These foundations are typically established when nonprofit hospitals are sold to for-profit systems. Virginia stands as one of the leading states for these foundations, with 20 spread across the state. According to the latest report from Grantmakers in Health, which has tracked hospital conversion foundations/health legacy foundations for 25 years, in 2021 there were 303 such organizations in the United States. Wytheville isn’t the only area that has received a boost from organizations like the Wythe-Bland Foundation. “Many of those kids who may have never been to a dentist suddenly have an opportunity to have their teeth cleaned.” “We have a dental clinic that we opened, and one of their primary focuses is going into the schools and providing dental care for children,” says Travis Jackson, executive director of the foundation. But in Wytheville, residents have had quality health and dental care for nearly two decades regardless of their financial situation thanks to the Wythe-Bland Foundation. Routine procedures like teeth cleanings and physicals sometimes fall through the cracks for those who don’t have easy access or insurance. I’m new to Virginia, so VFN has really helped to connect me with foundation leaders across the state that I hope will lead to future partnerships.In many rural communities, access to health care can be limited. How has VFN been relevant to the work you’re doing? The second is a public-private partnership to build an affordable housing neighborhood in our downtown area. Together, we are working to provide no-cost associate degrees and trade certifications for every eligible K-12 student in our community. The first is with the P atrick & Henry Community College. Partnerships are the only way to get things done! I have two amazing partnerships I’d like to share. What partnerships and/or collaborative efforts have been meaningful to you in the last year? Growing MHC: Grow a positive future for Martinsville-Henry County by building a connected and revitalized community that will attract and retain diverse residents.Įconomic Development: Continue to make Martinsville-Henry County a place where all can secure living-wage employment at both large and small businesses that contribute to a vibrant MHC.Įconomic Mobility: Ensure all people in MHC have the opportunity and support to secure a living wage, follow a rewarding career path, and build wealth for the next generation. Health: Ensure that residents of Martinsville-Henry County have access to and understand how to use the primary and behavioral health care systems. Thriving Youth - Provide first-class learning and development opportunities from birth to college in Martinsville-Henry County. What are your organization’s top three areas of focus for 2022? Gail Christopher, formerly with the Kellogg Foundation. One moment (in a workshop with her) over a decade ago altered the way I see the world and philanthropy. In the philanthropic space, I give extra credit to Dr. ![]() I was very lucky to work for leaders that were humble and cared more about the community than themselves. There have been so many people that have influenced my view of the world and how I show up every day. What “influencers” are you following? What leaders have “influenced” your leadership style or goals? Honestly, I was just at the beach, so a beach-appropriate book! However, as a team, we just read Edgar Villanueva’s book, Decolonizing Wealth, as part of our equity journey. Changing how philanthropy engages with the community is a critical process. The outcomes are typically not what was desired and harm could have occurred. Describe your philanthropic philosophy and how your philosophy shapes your work.Ī threaded theme for how I think about philanthropy is “to do with.” I have been in philanthropy for a couple of decades and on many occasions have done “onto” a community or a nonprofit.
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