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Redlands Health Foundation
Redlands Health Foundation was established in 2001 as the supporting organization for Redlands Community Hospital. Its mandate centers on raising and deploying...
Redlands Health Foundation
Redlands Health Foundation was established in 2001 as the supporting organization for Redlands Community Hospital. Its mandate centers on raising and deploying capital for patient care, facilities, and medical staff needs at the hospital. The foundation allocates across public equities, fixed income securities, and alternative investments. It maintains direct ownership of the Redlands Community Hospital Campus, valued at $52 million. Geographic exposure remains concentrated in the United States with primary activity in California. Assets total $352 million according to internal records. The board includes Phillip Doolittle as chair, who also serves as Redlands City Treasurer, and James Holmes as secretary, who is president and CEO of the hospital. No additional offices are disclosed. The foundation operates under a mission-related investing mandate tied exclusively to hospital support, with governance linked directly to hospital leadership rather than external family succession structures.
General information
Firm type
Endowment / Foundation
Year founded
2001
Location
Region
North America
Country
United States
City
Redlands
Corporate office
350 Terracina Boulevard, Redlands, CA 92373, United States
Principals
Phillip Doolittle
Board Chair
James Holmes
Secretary
Sector focus
Frequently asked questions
Who runs investment decisions at Redlands Health Foundation?
Phillip Doolittle serves as Board Chair with oversight of the foundation's portfolio and governance. James Holmes participates as Secretary while leading the hospital itself.
What asset classes does Redlands Health Foundation hold?
The foundation maintains positions in public equities, fixed income, and alternative investments alongside direct ownership of the hospital campus.
How is Redlands Health Foundation related to Redlands Community Hospital?
It functions as the hospital's dedicated 501(c)(3) supporting organization responsible for fundraising and capital allocation.
Does Redlands Health Foundation make external investments beyond the hospital?
Yes. It holds a diversified portfolio separate from the campus asset, including unspecified investment partnerships as limited partner.
What professional networks does the board participate in?
Board Chair Phillip Doolittle holds memberships in the California Society of Municipal Finance Officers, California Municipal Treasurers Association, and Government Finance Officers Association.
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