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The Carle Foundation
The Carle Foundation was established in 1946. It functions as the parent organization for Carle Foundation Hospital and related entities. No family wealth...
The Carle Foundation
The Carle Foundation was established in 1946. It functions as the parent organization for Carle Foundation Hospital and related entities. No family wealth origin is disclosed. The foundation maintains an investment portfolio that includes private equity, venture capital, and special situation funds. It holds direct ownership in operating businesses such as Health Alliance Medical Plans and Arrow Ambulance. Geographic focus remains within Illinois. Confirmed holdings include positions through Pantheon USA Fund VII. The organization employs 48 professionals. It operates additional facilities including Carle BroMenn Medical Center and Carle Health Methodist Hospital. Philanthropic arms include the Carle Center for Philanthropy, which has committed funds to the Carle Illinois College of Medicine. The foundation maintains 100 percent ownership in multiple healthcare operating companies through Carle Health Care Incorporated. This integrated ownership model distinguishes its structure from pure grant-making entities.
General information
Firm type
Endowment / Foundation
Year founded
1946
AUM
Undisclosed
Location
Region
North America
Country
United States
City
Urbana
Corporate office
611 West Park Street, Urbana, IL, United States
Sector focus
Frequently asked questions
Who runs investment decisions at The Carle Foundation?
No named investment principals are disclosed in available records.
Does The Carle Foundation participate in fund commitments or only direct deals?
Records show commitments to Pantheon USA Fund VII and co-investments alongside Ascension Ventures.
What investment stages does The Carle Foundation typically target?
The foundation pursues venture capital, buyout, and special situations strategies.
Where does the underlying wealth come from?
The foundation generates resources from its healthcare operations rather than external family wealth.
Does The Carle Foundation maintain philanthropic structures, and how are they separated?
The Carle Center for Philanthropy and Carle Community Health Corporation handle charitable activities separately from core hospital operations.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
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