WellSpan Good Samaritan Hospital

WellSpan Good Samaritan Hospital

Good Samaritan Hospital opened in Lebanon County more than a century ago and, since joining WellSpan Health in 2015, operates as a wholly owned entity within a regional health system that spans central Pennsylvania. Its endowment and foundation assets exist to support the hospital's physical plant and clinical programs, not to function as an independent investment office. President Tina Citro oversees day-to-day operations, while Roxanna Gapstur sets system-wide strategy from the parent organization. Capital deployment follows a single-asset-class logic: bricks-and- mortar healthcare real estate. The portfolio includes the Main Campus on South 4th Street, the Sechler Family Cancer Center, the Jeanne Donlevy Arnold Nursing Center of Innovation, an imaging and lab services building on Helen Drive, and the 446 North 5th Street property. Unlike multi-asset endowments that allocate to venture or buyout funds, this foundation directs nearly all available resources to on-campus facility projects and equipment purchases serving Lebanon County. Scale is modest and almost entirely opaque. AUM is not publicly reported, and the foundation's board operates without a disclosed investment committee roster. The most visible capital event of the past two years is the September 2023 announcement of the Jeanne and Ed Arnold Nursing Center of Innovation, funded by a $1.5 million gift and focused on simulation-based clinical training space. The hospital also maintains an autonomous system network — AS47058 — and participates in community associations including the Lebanon Valley Chamber of Commerce and the American Heart Association. What distinguishes the structure is the absence of a standalone CIO or external manager program. The foundation functions as a pass-through vehicle where philanthropic gifts convert quickly into departmental capex, eliminating the strategic asset-allocation and manager-selection layers typical of similarly sized healthcare endowments. The result is an investment posture with zero distance between the donor's check and the clinical wall it builds.