Smiling man sitting with two children

Endowments

Several endowments have been established with the Foundation for the long term support of specific programs and services at St. John's Regional Medical Center and St. John's Pleasant Valley Hospital. Endowments differ from regular restricted funds for several reasons:

  • Each endowment has a stated purpose, for example providing funds for a particular hospital program or providing education scholarships for staff.
  • The amount originally provided to establish the endowment is invested by the Foundation in order to generate interest and grow the endowment. The core endowment principal is left intact while interest grows.
  • A portion of the interest income may be used for the designated endowment purpose ever year, while the principal remains intact thus providing for the endowment’s stated purpose in perpetuity.

Interested in Establishing an Endowment?

Contact us