Endowment / Foundation

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Trustbridge Hospice Foundation

Trustbridge Hospice Foundation was established in 1978 as the fundraising and endowment arm of what is now Florida's largest not-for-profit hospice provider.

Trustbridge Hospice Foundation logo

Trustbridge Hospice Foundation

Trustbridge Hospice Foundation was established in 1978 as the fundraising and endowment arm of what is now Florida's largest not-for-profit hospice provider. The foundation exists to cover the cost of patient programs and specialized services that fall outside the reimbursement boundaries of Medicare, Medicaid, and commercial insurance. Community philanthropy, municipal grants — including funding from the Town of Jupiter — and partnerships with health systems like Baptist Health South Florida form the asset base, rather than a single-family wealth origin. The foundation directs its deployed capital toward four distinct channels: direct subsidies for uncompensated hospice and palliative patient care, professional education through the Fellowship in Hospice and Palliative Medicine at the University of Miami Miller School of Medicine, pediatric and bereavement support programs, and community-based initiatives operated alongside clinical partners. Its physical footprint spans five Florida counties through owned assets that include the C.W. Gerstenberg Hospice Center in West Palm Beach, regional offices in Fort Lauderdale and Boca Raton, and a network of Trustbridge Resale Stores in Palm Beach and Broward Counties that generate recurring operating revenue. In 2024 the foundation's parent entity affiliated with Empath Health, a move that consolidated two of Florida's largest not-for-profit hospice and home-health networks. That affiliation expands the foundation's durable reach into the Gulf Coast through Empath's existing infrastructure while preserving its independent fiduciary board. The foundation maintains deep local ties through long-term chamber memberships — 20-plus years with the Palm Beach North Chamber of Commerce — and recurring grants from municipal and health-system partners. Unlike a traditional grantmaking foundation, Trustbridge Hospice Foundation operates as an integrated funding utility inside a clinical delivery organization. Its endowment corpus directly underwrites operational shortfalls in end-of-life care, making it structurally closer to a healthcare-system reserve fund than to an independent private foundation. That embedded architecture means allocators evaluating the foundation are essentially evaluating the philanthropic risk-capacity layer of a not-for-profit healthcare enterprise.

General information

Firm type

Endowment / Foundation

Year founded

1978

Location

Region

North America

Country

United States

City

West Palm Beach

Corporate office

West Palm Beach, FL, United States

Additional offices

Fort Lauderdale, FL · Boca Raton, FL · Lakewood Ranch, FL

Sector focus

Healthcare Services

Frequently asked questions

What does Trustbridge Hospice Foundation actually fund that clinical revenue doesn't cover?

The foundation covers uncompensated care for patients without adequate insurance, specialized pediatric hospice and palliative services, music and pet therapy programs, bereavement support for families, and the Fellowship in Hospice and Palliative Medicine run jointly with the University of Miami Miller School of Medicine (per the firm). These are services that Medicare, Medicaid, and commercial insurance either partially reimburse or do not reimburse at all.

How is the foundation's endowment separate from the operating hospice entity?

Trustbridge Hospice Foundation maintains a separate fiduciary board and a distinct 501(c)(3) designation, functioning as the philanthropic reserve layer for the clinical delivery organization. The foundation's assets are stewarded specifically for unfunded patient programs, not for general operating expenses of the hospice. Grants from partners like Baptist Health South Florida and the Town of Jupiter flow into the foundation rather than the operating entity.

Does the foundation make external grants or invest its corpus in outside vehicles?

The foundation's deployment is almost entirely internal — directing capital into Trustbridge-operated patient programs, its own hospice centers, and adjacent community initiatives. There is no public evidence of external grantmaking to unrelated organizations, and no disclosed manager roster, fund commitments, or co-investment program beyond the collaborative relationships with clinical and municipal partners.

How did the 2024 Empath Health affiliation change the foundation?

The 2024 affiliation with Empath Health expanded the combined hospice network across Florida but the foundation preserved its independent board and West Palm Beach headquarters. The foundation's fundraising geography now potentially extends into the Gulf Coast communities served by Empath's existing operations, though the foundation continues to direct the majority of its deployed capital into Trustbridge-branded programs in Palm Beach and Broward Counties (per the firm).

What physical assets does the foundation hold?

The foundation's balance sheet includes the C.W. Gerstenberg Hospice Center in West Palm Beach, regional offices in Fort Lauderdale, Boca Raton, and Lakewood Ranch, a fleet of hospice transport vehicles, and multiple Trustbridge Resale Stores in Palm Beach and Broward Counties that generate recurring unrestricted revenue. These are owned commercial properties and depreciable assets rather than liquid securities.

Profile maintained by 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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