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Announcing the Cambia Health Foundation

FOR IMMEDIATE RELEASE
Contact: Scott Burton
503-276-1986, .(JavaScript must be enabled to view this email address)

PORTLAND, Ore. – The Regence Foundation announced that is has changed its name to the Cambia Health Foundation to more accurately reflect the name of its parent company, Cambia Health Solutions, Inc. The foundation is a grantmaking organization that seeks to promote patient-centered and economically sustainable health care. Through its signature program, Sojourns, the foundation works with a wide range of stakeholders to enhance quality and improve access to palliative care for individuals and their families.

“Whether it’s helping a rural hospital start a palliative care program, increasing breast and colorectal screening rates in the Latino community or supporting a new autism program that connects families to evidence-based care, our intent is to advance health care transformation to benefit the communities we serve,” said Peggy Maguire, Cambia Health Foundation board chair. “Our name is changing, but our steadfast commitment to improving our health care system remains the same.”

Since its launch in 2007, the foundation has awarded nearly $7 million to more than 60 nonprofit organizations.

About Cambia Health Foundation
Cambia Health Foundation is the corporate foundation of Cambia Health Solutions, a total health solutions company dedicated to transforming the way people experience the health care system. A 501(c)3 grantmaking organization, the foundation partners with organizations to create a more person-focused and economically sustainable health care system. Through its Sojourns program, the foundation also works to enhance quality, improve access, advance innovation and facilitate conversations about palliative care and end-of-life issues. For more information, visit http://cambiahealthfoundation.org or follow us via Twitter at http://www.twitter.com/CambiaHealthFdn

The Oregon Community Foundation Receives $150 Million from Fred Fields

As reported in The Oregonian by D.K. Row
Wednesday, May 9, 2012

The Oregon Community Foundation served up some historic news at its annual luncheon Wednesday at the Oregon Convention Center:  The creation of a new $150 million fund using the largest single gift in its 39-year history. 

The creation of the fund in honor of Fred Fields, the no-nonsense Oregon businessman and philanthropist who died in December at 88,  will reverberate across the entire state for years, possibly decades.

The bequest by Fields may also be the largest single gift to an Oregon institution. It eclipses two of the largest single gifts of recent memory: a $100 million donation to the OHSU Knight Cancer Institute made by Phil and Penny Knight in 2008 and another $100 million gift made by the Knights to create the University of Oregon Athletics Legacy Fund in 2007. 

Fields, who had never before given to the foundation and did not hint that such a landmark gift was coming before he died, left the bequest with unusually wide-open instructions to the foundation: Use it to fund the arts and education in Oregon.

The foundation is the sixth largest community foundation in America, with long-term investments currently worth $1.1 billion. Those investments are meant to produce annual donations to charities and nonprofits of all kinds across the state. A sampling of recent funding allocation, for instance, includes money given to Columbia River Community Health Services in Boardman, Josephine Community Libraries in Grants Pass, and Morrison Child & Family Services in Portland. 

Max Williams, the foundation’s president and chief executive officer, says the sheer size of the bequest and Fields’ open instructions means the foundation will have to think carefully how to distribute the money for the biggest impact.

“Fred was a bright guy who didn’t think of money lightly,” says Williams. “He wanted this to be meaningful.”

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The Standard Charitable Foundation Announces Three New Grants

The Standard Charitable Foundation, the philanthropic arm of Standard Insurance Company (“The Standard”), has awarded the following new grants:

- A $25,000 grant to The Dougy Center. The grant will support the The Dougy Center capital campaign, helping to rebuild the region’s leading service center for grieving children and replacing the facility that was destroyed in a 2009 arson.

- A $25,000 grant to Junior Achievement of Oregon and SW Washington. The grant will support JA Finance Park, a financial literacy program designed to engage middle and high school students across Oregon and SW Washington in the world of personal finance.

-  (“The Standard”), has awarded a $7,500 grant to the Children’s Cancer Association (“CCA”) in support of the program’s work to help improve the quality of life for children and teens with cancer and other serious illnesses.

To read the full releases:

The Dougy Center

Junior Achievement of Oregon and SW Washington

Children’s Cancer Association

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