Cape Fear Valley Health Foundation Reaches Fundraising Milestone as the Organization Celebrates Silver Anniversary

1/21/2021

FAYETTEVILLE – January 21, 2021 – Cape Fear Valley Health Foundation celebrates the achievement of three major milestones in recent months – a silver anniversary, a fundraising milestone and the beginning of its largest, most transformational project to date.

November 2020 marked the Health Foundation’s 25th anniversary. For the past 25 years, the organization’s mission has been to serve the community by building awareness and philanthropic support for Cape Fear Valley Health. Their vision is to improve the health and wellness of the region we serve. Fulfilling this mission has involved supporting patients and their families, providing resources for medications for those in need, providing educational scholarship for nurses, and most recently, supporting healthcare workers during the COVID-19 pandemic. The Foundation’s success would not have been possible without the support of the community. Those who have made a difference by supporting the organization can enjoy a look back over the past 25 years in the next issue of Cape Fear Valley Health’s magazine, Making Rounds, when it hits mailboxes this week.

Additionally, the Health Foundation celebrates reaching a significant milestone this month, the securing of $10 million in assets which will support Cape Fear Valley Health and its mission to provide exceptional healthcare to the community. In recent years, the Health Foundation has focused on establishing endowments, such as the Charles B.C. Holt Diabetes Endowment, the Irene Thompson Byrd Cancer Care Endowment, the Nursing Education Scholarship Endowment, and the Tom J. Keith Family Medical Research Endowment. Endowments are vital to the long-term success of the Foundation, as they provide permanent funds that can provide ongoing support for cancer patients, children and their families, heart patients, those with diabetes and many others who receive care at Cape Fear Valley Health.

The Foundation is now embarking on its most transformational and largest project to date – securing the funding for the Center for Medical Education & Research and Neuroscience Institute at Cape Fear Valley Health. The $30 million project will provide much needed training and educational space for more than 300 medical residents expected to be a part of the Cape Fear Valley team over the next several years. The medical residency program was established in 2017 to train the next generation of needed physicians in the southeastern region of North Carolina. Also housed in the center will be the Neuroscience Institute, a clinical space for the ever-expanding neurosurgery and neurology care needed in this area. The Foundation hosted health system officials, donors, as well as state and local government representatives when they broke ground on the new building on Thursday, January 14.

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