Hospice Endowment Trust Fund of Phoenix Arizona

Hospice Endowment Trust Fund of Phoenix Arizona

The Hospice Endowment Trust Fund of Phoenix Arizona was established in 1982. It functions as the investment vehicle for Hospice of the Valley, a nonprofit founded in 1977 that delivers hospice and palliative care. Deborah Shumway serves as executive director of both entities. The endowment deploys capital across hedge funds valued at $64 million, private equity and venture commitments via Commonfund Capital Private Equity Partners VII, Commonfund Capital International Partners VI, and Commonfund Capital Venture Partners VIII, plus public equity and mutual fund holdings through BlackRock and Vanguard. Geographic exposure centers on the United States with select international private equity allocations. Ticket sizes range from $5 million to $25 million. Cambridge Associates has served as investment advisor since 2006, with Northern Trust acting as custodian. The organization maintains one primary location at 1510 East Flower Street in Phoenix. It owns the Dementia Care and Education Campus at 3811 N. 44th St. In October 2023 the endowment sponsored the Choose Your Person campaign focused on advance care planning. No additional offices or professional headcount figures are recorded. The endowment operates under the direct control of Hospice of the Valley as its sole beneficiary, with investment decisions informed by an internal committee that includes external members such as Cynthia A. Romagnolo of Fidelity.