# Mount Nittany Health System and Affiliates

Mount Nittany Health System and Affiliates is an Endowment / Foundation based in State College, United States.

## Overview

- **Organization type:** Endowment / Foundation
- **Headquarters:** State College, United States
- **Region:** North America
- **Address:** State College, PA, United States
- **Founded:** 1902
- **Assets under management:** Undisclosed
- **Website:** mountnittany.org
- **LinkedIn:** https://www.linkedin.com/company/mount-nittany-health

## Regulatory record

- **Reports private funds:** No

## About

Mount Nittany Health System was founded in 1902. Kathleen Rhine holds the role of President and CEO. The entity operates as a nonprofit health system with an affiliated foundation that channels philanthropic support into clinical services. The system deploys capital into hospital operations, outpatient centers, and real estate holdings including the main medical center campus and a new patient tower. Asset classes include healthcare facilities and mineral interests. Geographic focus remains limited to central Pennsylvania with no disclosed external fund commitments or co-investments. No professional headcount or AUM figures appear in public records. The organization maintains membership in the Hospital and Healthsystem Association of Pennsylvania. A joint venture with Penn State Health covers cancer care services. Governance ties the foundation board to local business figures such as Thomas J. Taricani and Theodore Oyler, creating a community-linked decision structure distinct from pure investment vehicles.

## Sectors

- Healthcare Services

## People

- Kathleen Rhine — President and CEO

## Questions

### Who runs investment decisions at Mount Nittany Health System?

Kathleen Rhine serves as President and CEO. Board members including Thomas J. Taricani and Theodore Oyler participate in foundation oversight.

### What is Mount Nittany Health System's known posture on co-investments alongside external GPs?

No co-investment activity with external managers is recorded. Partnerships remain limited to clinical joint ventures such as the one with Penn State Health.

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Last updated: 2026-06-03T20:00:00.000Z

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