# Boniface Foundation

Boniface Foundation is an Endowment / Foundation based in St. Louis, United States.

## Overview

- **Organization type:** Endowment / Foundation
- **Headquarters:** St. Louis, United States
- **Region:** North America
- **Address:** St. Louis, Missouri, United States
- **Founded:** 1999
- **Assets under management:** 285 (Altss estimate)
- **Website:** bonifacefdn.org
- **LinkedIn:** https://www.linkedin.com/company/boniface-foundation

## Regulatory record

- **Reports private funds:** No

## About

Boniface Foundation was established in 1999. It converted to independent status in 2017 after its original tie to St. Anthony's Medical Center. The foundation directs resources toward health services and scholarships for children of former St. Anthony's employees in St. Louis city and county. The foundation holds a diversified portfolio of corporate stocks, corporate bonds, and government obligations. It has funded the David M. Sindelar Cancer Center at Mercy Hospital South and labor and delivery renovations at the same hospital. Additional commitments include a position in Park Street Capital Private Equity Fund VIII and board involvement with KFS Development. Activity remains concentrated in the Midwest United States with limited exposure outside Missouri. Assets total $285 million. The foundation maintains relationships with NISA Investment Advisors for portfolio management and with Scholarship Central for program administration. In June 2024 it sponsored the YMCA Adaptive Sports Complex grand opening in St. Louis; in September 2024 it participated as a panelist on the Brighter Communities Fund Advisory Committee. Governance centers on a small board that includes operators with local business ties. Winthrop B. Reed, III serves simultaneously as president and as a member at Lewis Rice, providing in-house legal oversight. This structure keeps decision-making inside a single St. Louis professional network rather than through external investment committees.

## Sectors

- Healthcare Services
- Education

## People

- Winthrop B. Reed, III — President and Chairman of the Board
- Kelly Wetzler — CEO and Executive Director
- Daniel Bippen — Secretary and Director
- James Powers — Treasurer

## Questions

### Who runs investment decisions at Boniface Foundation?

Winthrop B. Reed, III serves as President and Chairman. Kelly Wetzler acts as CEO and Executive Director. Day-to-day portfolio oversight is handled through NISA Investment Advisors.

### Does Boniface Foundation participate in fund commitments or only direct deals?

The foundation holds a limited partner interest in Park Street Capital Private Equity Fund VIII. It also makes direct grants to hospitals and nonprofits.

### What investment stages does Boniface Foundation typically target?

The foundation focuses on grant-making and scholarship programs rather than venture or growth equity stages. Its single disclosed private equity commitment is to a secondaries vehicle.

### How is Boniface Foundation related to Mercy Hospital South?

Mercy Hospital South is the primary supported organization and has received multiple capital grants, including $15 million for a cancer center and $18 million for labor and delivery renovations.

### What is Boniface Foundation's known posture on co-investments alongside external GPs?

No co-investment activity alongside external general partners is disclosed. Capital deployment occurs through direct grants and one limited partnership interest.

## Related profiles

- [Boston Family Advisors](https://altss.com/profile/boston-family-advisors)
- [Jeffrey Carlton Charitable Foundation](https://altss.com/profile/jeffrey-carlton-charitable-foundation)

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

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

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