Financial Reports

At Hospice of Palm Beach County Foundation, we work within the ambiguity of an ever-changing healthcare environment and the financial uncertainties that accompany it. Our goal is to build an organization with an asset base substantial enough to positively impact the future of Spectrum Health, Inc. and its subsidiaries, including Hospice of Palm Beach County. As such, we are dedicated to supporting programs and services that enhance the quality of life in our community through strategic philanthropy, competitive fund management, and the responsible stewardship of those gifts entrusted to us.

Established with an asset base of more than $85 million - the result of many years of wise fiscal management and strong philanthropic support - Hospice of Palm Beach County Foundation's vision for the future is to grow its asset base to more than $150 million over the next ten years, making it one of the largest not-for-profit philanthropic foundations in the State of Florida. If that sounds like a lot of money - and by almost all standards it is - consider that Hospice of Palm Beach County's current operating budget is more than $80 million, so an asset base of at least that amount will be necessary to continue to ensure access to quality healthcare for all that the organization has delivered for decades. The formation of the Hospice of Palm Beach County Foundation is the first step to ensure that is possible.

Hospice of Palm Beach County Foundation is a subsidiary of Spectrum Health, Inc., a not-for-profit corporation organized to support the programs, services and interests of Hospice of Palm Beach County and its other affiliates. For more information, or to request a full set of financial statements, call our finance department at (561) 273-2185.

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