Mark Teresi

The mission of the Presbyterian Healthcare Foundation is to raise and steward funds necessary to improve the health and lives in Presbyterian Healthcare Services communities. The Presbyterian Healthcare Foundation was incorporated in 1967 and was one of the first 100 hospital foundations in the country. It was the brainchild of then-CEO Ray Woodham, who felt that Medicare legislation passed in 1965 and implemented in 1966 would result in decreased payments to hospitals. Woodham wanted a formal vehicle to raise and accept charitable donations and in 1966 set up the Presbyterian Hospital Center Foundation, our forerunner. The Foundation is a self-supporting organization funded entirely by a portion of the proceeds from investment income. All charitable contributions from our donors are distributed based on the donor's intent. This stewardship is the cornerstone of philanthropic accountability.