Presbyterian Healthcare Foundation

PROGRAM SERVICE ACTIVITY #1 In keeping with its historical priorities, the Foundation directed significant funding in 2023 for nursing/staff education, patient assistance, equipment and programs. The Foundation funded 100+ scholarships for nurses and other staff to pursue bachelor's and advanced degrees. Patient assistance funds supported transportation, lodging and other critical needs, so patients can complete their treatment - without having to prioritize daily living needs over potentially lifesaving healthcare. A wide range of equipment needs - for example, a retinal camera for infants, cardiac imaging technology, and orthopedic and rehabilitation tools - were funded. An example of a program fully funded by donors was the Presbyterian Pace Academy, which has a full-time teacher who helps hospitalized children keep up with their school work.

PROGRAM SERVICE ACTIVITY #3 Community Health is a top fundraising priority for the Foundation. Funds totaling $504,896 were provided in 2023 for core Community Health programs addressing key social determinants of health, including: the Food Farmacy, a referral-based food pantry serving more than 280 patients at two sites; the Peer Support Specialist program, which employs certified peer support specialists with "lived experience pairs them with patients struggling with mental health, psychological trauma or substance use; and emergency funding for those in need including housing down payments, utility expenses, car repairs and emergency housing.

PROGRAM SERVICE ACTIVITY #2 The Presbyterian Robert Wertheim Hospice House, the only full-service, residential hospice facility in central New Mexico, opened in late 2022, following donor support to fully fund the $3.6 million project. The Robert Wertheim Hospice House's first full year of operations in 2023 was supported, in part, by $539,851 from Foundation donors. The 10-bed facility provided end-of-life care to more than 200 patients in 2023.

Presbyterian Healthcare Foundation exists to improve health. This focus has been unwavering since our founding in 1968 as one of the first 100 hospital foundations in the country. Throughout our 55-year history, donors have provided funding for four major areas: nursing/staff education, patient assistance (for transportation, lodging and other basic needs), program support and capital needs (facility construction/renovation and equipment). Philanthropy is increasingly supporting critical needs - patient-centered work which otherwise might not happen without donor support. Equally important, philanthropy helps to fund priority programs that aren't financially self-sustaining. Examples include Presbyterian Community health initiatives addressing food insecurity, substance use disorder and mental illness, and patient basic needs affecting health. We are proud that no portion of the gifts we receive supports fundraising or administrative expenses. This is because two endowments cover the cost of Foundation operations, allowing 100% of donor gifts to be directed to programs of interest to our donors. In 2023, the Foundation raised $7,206,319 and provided $4,740,933 in immediate funding to Presbyterian programs. Included in these amounts are cash, estate and in-kind contributions, and special-event income. As of December 2023, net assets were $128.1 million. Governance and Organization: The Foundation is governed by a 25-member Board of Directors. Members are nominated by the PHF Board Governance Committee and reflect a cross-section of business and community leaders. Nominations are approved by the PHF and PHS boards of directors. The Chair of the Foundation Board is an ex- officio member of the Presbyterian Central New Mexico Community Board of Trustees. The Foundation Board meets at least four times per year and has additional meetings as necessary. Interim decision-making is accomplished via the Executive Committee, which consists of the Board Chair, Chair Elect, Past Chair, Treasurer, Secretary and PHF President. The Foundation President also oversees the Presbyterian Volunteer Services programs for PHS Albuquerque, Rio Rancho and Santa Fe facilities, including 600+ active volunteers. These volunteers serve in a number of areas and positions throughout Presbyterian Medical Group clinics and at Presbyterian Hospital, Presbyterian Rust Medical Center, Presbyterian Kaseman Hospital and Presbyterian Santa Fe Medical Center. 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. 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. Charitable gift annuities have also become more popular in recent years. In 2023, major and planned gifts totaled $1,679,429. Additional pledges in major and planned gifts were $2,705,389. Together, they accounted for 57 percent of total dollars raised by the Foundation. * Daffodil Days: This annual event is 41 years old. Each spring, with the help of hundreds of volunteers, fresh daffodils are prepared and sold throughout the community. Proceeds are directed to operations of the Presbyterian Robert Wertheim Hospice House, a 10-bed facility providing end-of-life (hospice) care. In 2023, Daffodil Days had net proceeds of $196,000. * Laughter is the Best Medicine: We celebrated the 25th and final year of this gala fundraiser in 2023. The event featured a silent auction, gourmet dinner and live entertainment from a comedian. Net proceeds of more than $450,000 were raised for a new education and simulation center, the Healthcare Advanced Learning Lab, or HALL, and other workforce development needs. * Cornerstone Campaign: The Community Cornerstone Campaign is Presbyterian Healthcare Foundation's annual fund drive focusing on gifts of less than $10,000 from community (non-employee) donors. Cornerstone is the backbone of the Foundation's fundraising efforts focusing on new donor acquisition and retention. 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 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 six-week 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: The Foundation directed significant funding in 2023 for its four historical priorities: 1) nursing/staff education; 2) patient assistance; 3) equipment; and 4) programs. In keeping with its longstanding philosophy that the best gift we can provide patients is a compassionate, well-trained workforce, the Foundation funded 100+ scholarships for nurses and other staff to pursue bachelor's and advanced degrees. Additional funds supported continuing education activities necessary for staff to earn or maintain specialty certifications, or acquire new skills or knowledge to provide cutting-edge care, following best practice. Patient assistance funds supported transportation, lodging and other critical needs, so patients can complete their treatment - without having to prioritize daily living needs over potentially lifesaving healthcare. A wide range of equipment needs - for example, a retinal camera for infants, cardiac imaging technology, and orthopedic and rehabilitation tools - were funded. An example of a program fully funded by donors was the Presbyterian Pace Academy, which has a full-time teacher who helps hospitalized children keep up with their school work. Fundraising is ongoing for both the Pace Academy and the Presbyterian Robert Wertheim Hospice House, which opened in late 2022 as the only full-service, residential hospice facility in central New Mexico, following donor support to fully fund the $3.6 million project. The Robert Wertheim Hospice House's first full year of operations in 2023 was supported, in part, by $539,851 from Foundation donors. The 10-bed facility provided end-of-life care to more than 200 patients in 2023. Community Health is a top fundraising priority for the Foundation. Funds totaling $504,896 were provided in 2023 for core Community Health programs addressing social determinants of health, including: the Food Farmacy, a referral-based food pantry serving more than 280 patients at two sites; the Peer Support Specialist program, which employs certified peer support specialists with "lived experience pairs them with patients struggling with mental health, psychological trauma or substance use; and emergency funding for those in need including housing down payments, utility expenses, car repairs and emergency housing.