The Memorial Foundation was established in April of 1994 with an endowment fund generated from the sale of the assets of Nashville Memorial Hospital in Madison, Tennessee. At that time, members of the hospital’s Board of Trust became members of the Board of Directors of The Memorial Foundation.
The Foundation’s Board of Directors serve as volunteers, regularly meeting to review grant applications and to make decisions on the allocation of Foundation funds. The Board is led by Chairman Frank Grace, Jr., Vice Chairman Frank M. Bumstead and Secretary George C. Paine II. The Foundation’s President is Scott S. Perry.
In keeping with its roots, The Memorial Foundation’s mission is to improve the quality of life for people through support to nonprofit organizations. The Memorial Foundation responds to diverse community needs, assisting agencies that focus on: Access to Quality Health Care Services, Human & Social Services, Education, Senior Citizen Enrichment Services, Youth and Childhood Development, Substance Abuse Programs, and Community Services.
The Foundation also strives to respond to immediate, critical needs that arise in the community. With assistance from the Foundation, organizations including The Salvation Army, The American Red Cross, Second Harvest Food Bank, and YWCA have received funds.
Whether offering ongoing support or responding in times of crisis, The Memorial Foundation will continue to provide valuable assistance to nonprofit organizations that are finding solutions to local community needs that improve the quality of life.