# The Frist Foundation

The Frist Foundation is a Private Foundation based in Nashville, United States.

## Overview

- **Organization type:** Private Foundation
- **Headquarters:** Nashville, United States
- **Region:** North America
- **Address:** 3100 West End Avenue Suite 1050, Nashville, TN 37203, United States
- **Founded:** 1982
- **Assets under management:** Undisclosed
- **Website:** fristfoundation.org
- **LinkedIn:** https://www.linkedin.com/company/the-frist-foundation

## Regulatory record

- **Reports private funds:** No

## About

The Frist Foundation is a non-profit organization established in 1982 in the United States. It focuses on improving and sustaining quality of life in Nashville. The foundation's sector focus is on biotech and life science investments.

## Sectors

- Healthcare
- Arts
- Real Estate

## People

- Patricia Frist Elcan — President and Chairman
- Thomas F. Frist III — Director
- William R. Frist — Director

## Questions

### Who runs investment decisions at The Frist Foundation?

Patricia Frist Elcan serves as President and Chairman. Thomas F. Frist III and William R. Frist sit on the board. Decisions follow the foundation's geographic and program focus on Davidson County.

### Does The Frist Foundation participate in fund commitments or only direct deals?

Records show limited partner positions in Broad Street Real Estate Credit Partners II and Bain Capital Tech Opportunities Fund II. The foundation also maintains direct ownership of the Frist Art Museum building.

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

Available holdings include buyout, growth, and venture capital fund commitments. No stage preference is stated beyond the existing positions in real estate credit and technology funds.

### How is The Frist Foundation related to HCA Healthcare?

The foundation was originally established by the Frist family in connection with HCA Healthcare. Thomas F. Frist III currently serves as Chairman of HCA Healthcare while also directing the foundation.

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

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