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Martha Jefferson Hospital Foundation
The Martha Jefferson Hospital Foundation, established in 1986, channels philanthropic capital into Sentara Martha Jefferson Hospital and the surrounding...
Martha Jefferson Hospital Foundation
The Martha Jefferson Hospital Foundation, established in 1986, channels philanthropic capital into Sentara Martha Jefferson Hospital and the surrounding Charlottesville community. Blair K. Williamson chairs the board, while President Kimberly Skelly runs day-to-day operations. The foundation's origin ties directly to the hospital's mission — it was created to build a permanent endowment supporting patient care, staff development, and regional health initiatives across central Virginia. The foundation deploys capital across a notably broad strategy for its size: venture, buyout, fund-of-funds, and secondaries, spanning early-stage to expansion. In practice, much of this activity supports hospital-aligned real estate and community infrastructure. The foundation holds the Sentara Martha Jefferson Hospital campus at 500 Martha Jefferson Drive and strategic expansion land at South Pantops Drive and State Farm Boulevard. It also manages the hospital's art collection, with named installations including Freedom, Aelous, and Polarity on the first floor. Community partnerships extend to the Piedmont Family YMCA's Early Learning Center and Local Food Hub's Free Fresh Farm Stands, reflecting a blending of direct investment, grantmaking, and operational partnership rare among hospital foundations of this scale. With an estimated $43 million in assets, the foundation operates with a lean team anchored by Skelly and a board chaired by Williamson, who also leads S.L. Williamson Company, a Charlottesville-based asphalt and construction firm. The foundation maintains ties to Sentara Healthcare, its parent organization, and counts Berkshire Hathaway investment manager Ted Weschler among its notable supporters. It holds membership in the Louisa County Chamber of Commerce through Vice Chair Jennifer DuBois, signaling ongoing engagement with the broader business community. The foundation's structural distinction lies in its hybrid posture: it functions simultaneously as a traditional hospital foundation raising funds for equipment and programs, a real asset holder managing hospital campus property, and an investment entity deploying an endowment across private markets. This triple mandate — philanthropy, real estate stewardship, and institutional investing — shapes decision-making differently than a standalone foundation or a hospital's finance department operating in isolation.
General information
Firm type
Endowment / Foundation
Year founded
1986
Location
Region
North America
Country
United States
City
Charlottesville
Corporate office
Charlottesville, VA, United States
Principals
Blair K. Williamson
Chair, Board of Directors
Kimberly Skelly
President and Executive Director
Sector focus
Frequently asked questions
Who runs investment decisions at Martha Jefferson Hospital Foundation?
President and Executive Director Kimberly Skelly oversees the foundation's operations, including its investment program. The board of directors, chaired by Blair K. Williamson, provides governance and strategic direction. The foundation does not publicly name a dedicated chief investment officer, which is consistent with its size — an estimated $43 million in assets typically does not support a standalone investment team.
How does the foundation fund Sentara Martha Jefferson Hospital?
The foundation channels philanthropic gifts and investment returns to support hospital programs benefiting patients, staff, and surrounding communities. Specific initiatives include the Early Learning Center partnership with Piedmont Family YMCA and Free Fresh Farm Stands with Local Food Hub. Capital also funds campus infrastructure and the hospital's art collection.
What is the foundation's relationship to Sentara Healthcare?
Sentara Healthcare is the parent organization. Martha Jefferson Hospital joined the Sentara system in 2011, and the foundation now operates as the philanthropic arm of Sentara Martha Jefferson Hospital. This structure means foundation assets ultimately serve Sentara's broader regional health system strategy.
Does the foundation invest in private equity or venture capital?
The foundation's disclosed strategy spans buyout, venture capital, fund-of-funds, and secondaries across early-stage to expansion. For an endowment of its size, this breadth is unusual. In practice, much of its direct investing activity likely centers on hospital-aligned real estate and community infrastructure rather than arms-length venture funds.
What real estate does the foundation control?
The foundation holds the Sentara Martha Jefferson Hospital campus at 500 Martha Jefferson Drive in Charlottesville and strategic expansion land at South Pantops Drive and State Farm Boulevard. These holdings position the foundation as a hospital real estate steward in addition to its grantmaking and investment functions.
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