Baystate Health Foundation

Baystate Health Foundation (BHF) is an independent non-profit private foundation based in Springfield, Massachusetts. Established in 2000, the foundation supports all philanthropic efforts at each of Baystate Health's hospitals and ancillary services. BHF is a tax-exempt, charitable organization established for the purpose of fund-raising for healthcare-related activities, in support of the benefit of Baystate Health (BH) and those subsidiaries of BH that are tax-exempt, not-for-profit corporations and to hold endowment, charitable donations, and other funds for their benefit. The assets of the foundation are managed by the executive management team.Baystate Health Foundation's investment portfolio is valued at $124.88 million, with investments in private equity, publicly-traded equities, and cash.