Endowment / Foundation

Updated:

Carilion New River Valley Medical Center

Carilion New River Valley Medical Center was established in 1999 on the site of the former Radford Community Hospital. Nancy Howell Agee previously served as...

Carilion New River Valley Medical Center logo

Carilion New River Valley Medical Center

Carilion New River Valley Medical Center was established in 1999 on the site of the former Radford Community Hospital. Nancy Howell Agee previously served as CEO and President of the parent Carilion Clinic and oversaw the creation of its Healing Arts Program. The facility functions as a community hospital with 146 beds and maintains formal ties to academic institutions. The medical center provides Level III trauma services and emergency care across the New River Valley region. It participates in two named academic partnerships: the Virginia Tech Carilion School of Medicine and the Fralin Biomedical Research Institute with Virginia Tech, plus Radford University Carilion for health sciences training. These relationships shape clinical training and research activity conducted on site. Operations remain confined to Virginia. Carilion Clinic Foundation serves as the philanthropic vehicle attached to the health system. Steven C. Arner currently holds the role of President and CEO of Carilion Clinic. The center lists no investment deployment figures or external fund commitments. Governance occurs through the Carilion Clinic parent organization rather than an independent endowment board. Clinical and real-estate assets sit under the same corporate structure, including multiple medical office buildings and an affiliated surgery center at the same campus address.

General information

Firm type

Endowment / Foundation

Year founded

1999

Location

Region

North America

Country

United States

City

Christiansburg

Corporate office

2900 Lamb Circle, Christiansburg, VA 24073

Principals

Steven C. Arner

President and CEO of Carilion Clinic

Nancy Howell Agee

Former CEO and President

Sector focus

Healthcare Services

Frequently asked questions

Who runs investment decisions at Carilion New River Valley Medical Center?

No investment function is disclosed. Operational leadership rests with Steven C. Arner as President and CEO of the parent Carilion Clinic.

How is Carilion New River Valley Medical Center related to Carilion Clinic?

It functions as one hospital within the Carilion Clinic health system and shares the same executive leadership and foundation structure.

Does Carilion New River Valley Medical Center participate in fund commitments or only direct deals?

No fund commitments or direct investment activity appear in available records.

Where does the underlying wealth come from?

The entity is a hospital operation funded through clinical services and system-level support; no family wealth origin is disclosed.

Does Carilion New River Valley Medical Center maintain philanthropic structures, and how are they separated?

Carilion Clinic Foundation handles philanthropy for the broader system. The medical center itself lists no separate foundation.

Profile maintained by using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.

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