K21 Foundation celebrates 20th Year

(photo supplied / K21 Foundation)

K21 Health Foundation is celebrating its 20th year in 2018.

K21 is a private foundation with a mission to impact the health of Kosciusko County residents. The foundation has approved over $45 million of funds for community health needs and opportunities since it began.

K21 started with approximately $63 million from the sale of Kosciusko Community Hospital to a for-profit organization in early 1999. Since the intent of the donors that built the hospital was that health care services be available in Kosciusko County, the members of the board for the new foundation believed it should continue that work by focusing on the health of county residents.

“In my 11 years of leading K21 Health Foundation, I have come to realize that the two most important areas to impact people’s health are access and opportunity,” said president and CEO Rich Haddad.

Even with giving $45 million to the community, the foundation’s endowment has grown from the original $63 million to approximately $76 million at the end of 2017.

“This investment portfolio is built for the long run, to get through the ups and downs of our economy and produce funds to help our community indefinitely into the future.” Haddad said.

For more information about the K21 Health Foundation, call 574-269-5188 or visit www.k21foundation.org.