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Healthcare

Texas Health Resources Merges Foundations

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Texas Health Resources is merging Texas Health Presbyterian Foundation and Texas Health Harris Methodist Foundation into a single organization that will have a regional focus.

Texas Health Resources Foundation will be led by Jay McAuley, who was appointed president of the new organization, and an 18-member board of volunteer community leaders selected from the members of the boards of the merged foundations. McAuley was formerly president of Texas Health Presbyterian Foundation.

The merger of the two foundations is part of Texas Health’s 10-year strategy to transform from a hospital-centric organization to an integrated, regional health system. The merged foundations hold assets of more than $210 million. No staff reductions are anticipated because of the merger.

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