Presbyterian Healthcare Foundation

Program service activity #2 the presbyterian nursing career pathways program was launched in partnership with unitek learning, parent company of brookline college, in 2024. The program provides accelerated bachelor of science in nursing (bsn) and licensed practical nurse (lpn) degree programs for presbyterian employees interested in nursing careers. The foundation funded organizational expenses for the first bsn and lpn cohorts ($720,000 for rn to bsn launch, $190,000 for lpn launch). Pathways is projected to produce an estimated 40 lpn and 70 bsn graduates each year, helping to fill workforce gaps necessary to improve access to healthcare.

Program service activity #3 the presbyterian community health food farmacy, a referral-based food pantry, was funded entirely with philanthropy in 2024. The program served 752 patients at two locations, where participants received weekly produce, nutrition education and access to community resources to improve their health. Foundation funding for the food farmacy and other community health programs totaled $779,403 in 2024.

Presbyterian healthcare foundation has been firmly committed to a singular purpose -improving health-since its founding in 1968 as one of the first 100 hospital foundations in the country. In the past 56 years, we have prioritized fundraising for four core areas: 1) nursing/staff education; 2) patient assistance (for transportation, lodging and other basic needs); 3) program support; and 4) capital needs (facility construction/renovation and equipment). Our donors have provided millions of dollars for patient-centered work, which otherwise might not happen. Philanthropy is especially important for priority programs that aren't financially self-sustaining, such as presbyterian community health initiatives addressing food insecurity, and programs such as reset, which support the well-being of our physicians and other providers. Because our foundation operations are funded entirely with income from two endowments, we can direct 100% of new charitable contributions to programs aimed at improving health: no portion of new gifts support fundraising or administrative expenses. In 2024, the foundation raised $8,091,063 and provided $10,152,336 in immediate funding to presbyterian programs. Included in these amounts are cash, estate and in-kind contributions, and special-event income. As of december 2024, net assets were $132,564,368. 1. Fundraising for specific programs: the foundation solicits gifts from individuals, corporations and foundations, and coordinates fundraising campaigns and special events throughout the year to raise funds for both specific causes and general health system needs. These efforts include: * major and planned gifts: the foundation solicits transformational gifts through major and planned giving initiatives. Major gifts are defined as single or multi-year contributions of $10,000 or more and may be designated for capital and program needs, or undesignated. Funding can be immediately expendable or to create or supplement an endowed (permanent) fund. Planned gifts are most often given in the form of bequests (gift designation in a will or living trust), as well as retirement plan and life insurance beneficiary designations. In 2024, major and planned gifts totaled $4.4 million. Additional pledges in major and planned gifts were $565,000. * daffodil days: this 42-year-old fundraiser is a week-long event, made possible by 200+ volunteers, sponsors and flower purchasers. Daffodil bunches and arrangements are sold at locations in albuquerque, rio rancho and santa fe. Event proceeds support operations of the presbyterian robert wertheim hospice house, a 10-bed facility providing end-of-life (hospice) care. In 2024, daffodil days had net proceeds of $233,000. * cornerstone campaign: the cornerstone campaign seeks contributions of less than $10,000 from community members (non-employees) for organizational priorities. The primary focus is securing contributions from new donors and retaining and growing their support in subsequent years. The foundation's guardian angel program, which seeks gifts in honor of any provider or staff member, is a key part of the cornerstone program, recognizing that gratitude for an exceptional care experience is a primary motivator for healthcare philanthropy. * presgiving campaign: presgiving is the annual employee campaign, seeking payroll, cash and paid time off contributions. The campaign has two primary components: 1) recruitment of new employee donors through the "brilliance in the basicsientation; and 2) a two-month fall campaign conducted in partnership with united way of north central new mexico. Presgiving contributions to phf typically total around $1 million annually for programs and needs throughout presbyterian. 2. Philanthropic impact: our impact is measured in both dollars and lives touched. In 2024, the foundation directed $10.2 million back to presbyterian healthcare services (phs)-the highest total in recent years. This funding came at a time of enormous financial challenges for phs, underscoring philanthropy as a critical funding source. A major highlight of 2024 was completion of the new presbyterian healthcare advanced learning lab (hall), highlighted in program service activity #1. This $6 million project was supported with $3.2 million of unrestricted funds from the foundation. The foundation continues to direct significant funding to community health priority programs, recognizing that 80 percent of health and well-being are due to factors outside clinics and hospitals (including hunger/food insecurity). The food farmacy, a top fundraising priority, is highlighted in program service activity #2. In keeping with a long-standing belief that a well-trained workforce is a lasting gift we can provide to patients, the foundation funded certification and degree programs, and other continuing education and professional development opportunities for presbyterian employees in 2024. Philanthropy supported 72 scholarships for staff caregivers to grow their skills. Additional funds helped to launch the new nursing careers pathways program providing accelerated bachelor of science in nursing and license practical nursing degree programs, highlighted in program service activity #3. The foundation fulfilled its $500,000 annual obligation for operations of the presbyterian robert wertheim hospice house, which served 200 patients in 2024 at its 10-bed facility. The presbyterian pace academy - a program which employs a full-time teacher, who works with pediatric patients facing long hospital stays - remains funded entirely by philanthropy. Since its inception, the pace academy has helped more than 90 students return to school. The foundation continued to direct significant funding for patient assistance. In 2024, $196,000 covered meals, lodging, transportation and other ugent needs for patients in treatment. Funding for priority equipment and technology needs helped phs stretch its limited budget in 2024. Examples of equipment and technology projects supported by philanthropy include: telehealth expansion for critical care, heart/vascular care, behavioral health and emergency care; articifical intelligence and automation technology to close care gaps for patients, especially those with chronic disease; mri and ultrasound fusion equipment for urology care, retinal scanners for imaging pediatric patients, and laboratory equipment for the emergency department at presbyterian rust medical center.