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Trustbridge Hospice Care
Trustbridge Hospice Foundation emerged in 2008 as the philanthropic engine behind one of Florida's largest not-for-profit hospice providers. President and CEO...
Trustbridge Hospice Care
Trustbridge Hospice Foundation emerged in 2008 as the philanthropic engine behind one of Florida's largest not-for-profit hospice providers. President and CEO Deborah Johnson and Chairman William Quinn II built the foundation to ensure that Trustbridge's clinical mission—caring for patients with advanced illness—would never depend on reimbursement alone. Major gifts from the Harcourt M. & Virginia W. Sylvester Foundation have anchored the endowment, alongside broader community fundraising across Palm Beach and Broward counties. The foundation deploys its roughly $140 million portfolio across a conservative, income-oriented mix of public equities, fixed income, and real assets intended to fund annual clinical operations. Beyond traditional market exposure, the entity holds direct real estate including the Trustbridge West Palm Beach headquarters on East Avenue, the Hospice by the Sea facility in Boca Raton, and administrative offices in Fort Lauderdale and Northpoint Parkway. While the foundation does not operate as a venture investor, its real asset holdings function as both operational infrastructure and a source of long-term stability for the broader Trustbridge enterprise. In 2024, Trustbridge entered into an affiliation agreement with Empath Health, creating a combined non-profit post-acute care network that extends from Florida's Atlantic coast through the Gulf region. That partnership deepens an already collaborative posture: Trustbridge maintains active relationships with Baptist Health South Florida for clinical coordination and with the Greater Fort Lauderdale Alliance and Palm Beach North Chamber of Commerce for regional community investment. The foundation holds membership in the National Hospice and Palliative Care Organization (NHPCO), reinforcing its participation in industry-wide standard-setting. What distinguishes Trustbridge's architecture is the tight coupling of a dedicated investment endowment with a clinical operating entity that accepts all patients regardless of insurance status—a structure that places portfolio discipline directly in service of mission risk. The foundation does not outsource its charitable mandate to a separate grant-making vehicle; it is the funding chassis for the hospice operator itself, a model more common among private foundations than among community-based healthcare non-profits in the southeastern United States.
General information
Firm type
Endowment / Foundation
Year founded
2008
Location
Region
North America
Country
United States
City
West Palm Beach
Corporate office
West Palm Beach, FL, United States
Additional offices
Boca Raton, FL · Fort Lauderdale, FL
Principals
Deborah Johnson
President and CEO, Trustbridge Hospice Foundation
William Quinn II
Chairman of the Board, Trustbridge, Inc.
Sector focus
Frequently asked questions
How does Trustbridge Hospice Foundation fund its operations?
The foundation draws on a combination of investment returns from its endowment portfolio and ongoing philanthropic contributions. The portfolio, estimated at roughly $140 million, spans public equities, fixed income, and direct real estate. Annual distributions from these assets supplement clinical revenue to cover care for patients who lack insurance coverage.
Who makes investment decisions for the foundation's portfolio?
The foundation operates under the governance of Trustbridge's board, chaired by William Quinn II, with Deborah Johnson serving as President and CEO of the foundation. While the specific internal investment committee structure is not publicly detailed, the foundation manages its assets through a combination of direct real estate holdings and a diversified market portfolio. A chief investment officer or equivalent role is not publicly named.
Is Trustbridge connected to Empath Health?
Yes. In 2024, Trustbridge and Empath Health entered into an affiliation agreement to form a combined non-profit post-acute care network. The partnership links Trustbridge's South Florida presence with Empath's Gulf Coast operations, creating a larger platform for hospice and palliative care services while preserving both organizations' non-profit charters.
What real estate does the Trustbridge foundation own directly?
The foundation holds several commercial properties that support Trustbridge's clinical and administrative operations. These include the headquarters at 5300 East Avenue in West Palm Beach, the Hospice by the Sea facility in Boca Raton, and administrative offices in Fort Lauderdale and at Northpoint Parkway in West Palm Beach.
Where does Trustbridge's philanthropic funding come from?
The foundation receives major gifts from individual donors and institutional philanthropic partners. The Harcourt M. & Virginia W. Sylvester Foundation is a named co-investor and major supporter of complex care and comfort programs. Community fundraising across Palm Beach and Broward counties also contributes to the endowment.
Does Trustbridge Hospice Foundation operate as a grant-making organization?
No. Unlike many healthcare foundations that function as separate grant-makers, Trustbridge Hospice Foundation is directly embedded within the hospice operator's structure. Its endowment exists specifically to fund Trustbridge's clinical mission, particularly care for the uninsured, rather than to distribute grants to external organizations.
Which industry associations does Trustbridge participate in?
Trustbridge is a member of the National Hospice and Palliative Care Organization (NHPCO), the primary national body setting standards for hospice providers. At the regional level, the organization participates in the Greater Fort Lauderdale Alliance, engaging in economic development leadership in Broward County, and holds a membership in the Palm Beach North Chamber of Commerce.
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