Sealy & Smith Foundation

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Sealy & Smith Foundation
Founded 1922
Founder John Sealy, II
Jennie Sealy Smith[1]
Type Grant making private foundation
(IRS exemption status): 501(c)(3)
Focus Healthcare
Location
Area served
Galveston, Texas
Method Endowment
Key people
John W. Kelso
George Sealy
Michael Doherty
Endowment $681 million USD[2]
Slogan "For the people of the City of Galveston"
Website www.sealy-smith-foundation.org

The Sealy & Smith Foundation is a charitable foundation incorporated in Texas and based in the island city of Galveston. It was established in 1922 by John Sealy, II and his sister Jennie Sealy Smith[3][4] with a charter stating a mission to: <templatestyles src="Template:Blockquote/styles.css" />

"support of a charitable undertaking in the City of Galveston, Texas, for the construction, remodeling, enlarging, equipping, and furnishing of the John Sealy Hospital, and other hospital building or buildings in the City of Galveston in connection with the John Sealy Hospital in said city, and endowment thereof, for the use of the people of said City of Galveston and providing them with the necessary medical care and attention therein."[5]

The John Sealy Hospital's construction was funded by the foundation[5]

The foundation focuses the majority of its funding on programs supporting the healthcare and research at the University of Texas Medical Branch and its primary care facility, the John Sealy Hospital.[5][6][7] Since its inception the foundation has contributed more than $800 million towards construction and equipping of medical facilities on the university's Galveston campus. In 2011 the foundation committed $170 million towards the construction of Jennie Sealy Hospital on the UTMB campus, an amount that represents the largest single gift ever to a Texas health institution.[4][8][9]

See also

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References

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