The Hospice Of East Texas Foundation

On October 1, 2008, fundraising to support The Hospice of East Texas underwent an exciting change.

The newly created Hospice of East Texas Foundation assumed responsibility for the important task of raising money to support the exceptional end-of-life care provided by The Hospice of East Texas.

For the past twenty five years, Hospice of East Texas has raised private funds through a variety of appeals and events to help close the gap in revenue between what it costs to provide care to patients and families and what is received in reimbursement from Medicare and insurance companies.

Funds raised from Light Up A Life, memorial gifts and donations, special events such as the annual Hospice of East Texas Open, and the work of The Hospice Shoppe, are an important source of revenue for The Hospice of East Texas.  They make it possible for Hospice to provide quality, compassionate care to everyone who needs it, regardless of their ability to pay, and to offer important services such as bereavement support for both hospice families and the community at large.

In establishing The Hospice of East Texas Foundation, the board of directors of The Hospice of East Texas has created an independent non-profit entity whose sole mission is to assume responsibility for these significant fundraising efforts and to effectively manage Hospice’s endowment funds.   All distributions from The Hospice of East Texas Foundation will be returned to The Hospice of East Texas to further its mission of providing comprehensive, coordinated care and support to persons with life limiting illnesses and the families who care for them.

Separating the fundraising and endowment management functions from the day to day operations of The Hospice of East Texas, will accomplish several things for the organization.  It will add the focused expertise in fundraising, stewardship and fiscal accountability of a separate, volunteer board of directors, chosen for their fiduciary experience, their dedication to The Hospice of East Texas and their commitment to our community.  It will also allow the board of directors of The Hospice of East Texas and its staff leadership to concentrate on the excellence of the programs and clinical services provided by Hospice.

The creation of The Hospice of East Texas Foundation is the most recent step in the organizational development of Hospice of East Texas, a milestone which will help to ensure its stability and success for years to come.

 
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