# The Carle Foundation

The Carle Foundation is an Endowment / Foundation based in Urbana, United States.

## Overview

- **Organization type:** Endowment / Foundation
- **Headquarters:** Urbana, United States
- **Region:** North America
- **Address:** 611 West Park Street, Urbana, IL, United States
- **Founded:** 1946
- **Assets under management:** Undisclosed
- **Website:** www.carle.org
- **LinkedIn:** https://www.linkedin.com/company/carle-foundation

## Regulatory record

- **Reports private funds:** No

## About

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. 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.

## Sectors

- Healthcare

## 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?

### What investment stages does The Carle Foundation typically target?

The foundation pursues venture capital, buyout, and special situations strategies.

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- [Presbyterian Foundation](https://altss.com/profile/presbyterian-foundation)
- [Level Up Ventures](https://altss.com/profile/level-up-ventures)

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

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