# Asante Foundation

Asante Foundation is an Endowment / Foundation based in Medford, United States.

## Overview

- **Organization type:** Endowment / Foundation
- **Headquarters:** Medford, United States
- **Region:** North America
- **Address:** 229 N Bartlett St, Medford, OR, United States
- **Founded:** 1973
- **Assets under management:** $188M (Altss estimate)
- **Website:** asantefoundation.org
- **LinkedIn:** https://www.linkedin.com/company/asante-foundation

## Regulatory record

- **Reports private funds:** No

## About

The Asante Foundation was established in 1973 as the philanthropic arm of Asante Health System. Andrea Reeder, SVP and Chief Philanthropy Officer, directs fundraising and strategic initiatives, while Royal Standley, President and CEO of Oregon Pacific Financial Advisors, chairs the board. The foundation channels private gifts and community dollars into facilities and programs across the health system's Southern Oregon and Northern California catchment. The foundation's investment footprint blends traditional endowment management with direct real asset ownership. Its balance sheet includes the Asante Foundation Office Complex at 229 N Bartlett Street in Medford, the Asante Court mixed-use development on East Barnett Road, and The Family House in Grants Pass. The endowment, estimated at $188 million (Altss estimate), supports a venture capital allocation alongside community health partnerships. Major donor commitments include a $5 million gift from Mary and Dick Heimann to name a regional cancer center in Medford, and sustained corporate backing from Rogue Credit Union for Children's Miracle Network programs. The foundation operates from its longtime headquarters in Medford, Oregon, with no disclosed additional offices. Asante Health System retains ultimate organizational authority over the foundation as a subordinate entity. The foundation maintains active memberships in The Chamber of Medford & Jackson County and the Children's Miracle Network hospital partnership. The foundation's structural differentiator is its hybrid revenue model: it is a grantmaking nonprofit that simultaneously acts as a direct property owner and landlord. The rental income from commercial and mixed-use real estate provides a recurring, non-philanthropy funding stream that insulates healthcare programming from fundraising cycles.

## Sectors

- Healthcare Services
- Real Estate

## People

- Andrea Reeder — SVP & Chief Philanthropy Officer
- Royal Standley — Board Chair

## Questions

### Who leads investment and fundraising decisions at Asante Foundation?

Andrea Reeder, SVP and Chief Philanthropy Officer, oversees foundation strategy. Royal Standley, President and CEO of Oregon Pacific Financial Advisors, chairs the board.

### How is the Asante Foundation structured relative to Asante Health System?

The foundation is a subordinate organization and the philanthropic arm of Asante Health System. The health system maintains ultimate organizational authority while the foundation focuses on community fundraising and asset management.

### Does Asante Foundation own real estate directly?

Yes. The foundation holds direct ownership of commercial and mixed-use properties in Medford and Grants Pass, Oregon, including an office complex and a development on East Barnett Road. These assets generate operational income beyond the endowment.

### What is the scale of Asante Foundation's endowment?

Public disclosures are not available. Altss estimates the endowment portfolio at $188 million based on operational and asset-level analysis.

### What healthcare initiatives has the foundation funded?

Named gifts include the Mary and Dick Heimann regional cancer center in Medford, funded by a $5 million donor commitment. The foundation also supports Children's Miracle Network initiatives in partnership with Rogue Credit Union.

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Last updated: 2026-06-03T20:00:00.000Z

Canonical page: https://altss.com/profile/asante-foundation

Maintained by Altss — https://altss.com — methodology: https://altss.com/methodology