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Episcopal Health Foundation
Episcopal Health Foundation is a nonprofit based in Houston, Texas, founded in 2013. It provides grants, collaborates with congregations and community...
Episcopal Health Foundation
Episcopal Health Foundation is a nonprofit based in Houston, Texas, founded in 2013. It provides grants, collaborates with congregations and community partners, and conducts research to address underlying health issues. The foundation has made two investments, including a Series A investment in Mahmee on May 12, 2022.
General information
Firm type
Foundation
Location
Region
North America
Country
United States
City
Houston
Corporate office
Houston, TX, United States
Principals
Elena Marks
President and CEO
Sector focus
Frequently asked questions
How is Episcopal Health Foundation structured as an investment entity?
EHF is a grantmaking foundation, not a family office or asset manager. It manages an endowment of approximately $1.2B created from the 2013 sale of St. Luke's Episcopal Health System (per IRS Form 990). The foundation's investment committee oversees a diversified portfolio of stocks, bonds, and alternative assets, but its only financial deployment is grantmaking — it does not make equity investments in companies or funds.
What is the foundation's grantmaking focus?
EHF focuses exclusively on health equity in 57 counties across Texas, primarily in the Gulf Coast region. Priority areas include maternal health, access to primary care, and addressing social determinants of health such as housing and food insecurity (per the firm's grant guidelines).
Who runs Episcopal Health Foundation?
Elena Marks has been President and CEO since the foundation's founding in 2013. She previously served as Houston's director of health and human services and is a health policy attorney by training. The board is chaired by Bishop Rev. Héctor (as of public records).
Does the foundation invest in for-profit companies or venture capital?
No. EHF does not make direct investments in companies, venture capital funds, or private equity vehicles. Its endowment portfolio is managed for total return, and all investment income is directed to charitable grantmaking.
Where does the foundation's wealth come from?
The foundation's endowment was created from the proceeds of the 2013 sale of St. Luke's Episcopal Health System to Catholic Health Initiatives. The transaction was valued at roughly $1.2B, and the foundation was established as the sole charitable beneficiary (per public record).
What is the foundation's geographic focus?
EHF's grantmaking is limited to 57 counties in Texas, with a strong concentration in the Houston-Gulf Coast region. The foundation does not fund organizations outside of Texas.
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