Endowed Funds

A gift that makes a difference for generations to come.

Contact the Foundation
Smiling Riverside Healthcare worker at a clinic desk.

A Lasting Expression of Generosity

An endowed fund turns one gift into support that continues year after year, helping Riverside nurses, pharmacists and other staff grow in their education and careers.

Supporting an endowment can be a meaningful way to honor someone special, celebrate a legacy of service or invest in the future of Riverside. It continues to make a difference for generations to come.

Why Give Through an Endowment

  • Your gift is designed to last for generations
  • Honor someone special or celebrate a legacy of service
  • Support education and professional growth for Riverside staff
  • Give today, start a new fund or plan a gift through your estate

Our Endowed Funds

Endowed Funds at Riverside Healthcare

Each fund supports education and professional growth for Riverside staff and the next generation of healthcare professionals.

  • Riverside laboratory team member examining a sample under a microscope

    The Priscilla Lynch Health Fund

    Nursing · Non-Nursing · Degree Completion

    Supports professional growth for Riverside staff, both nursing and non-nursing, who are pursuing degree completion that would benefit Riverside.

  • Riverside pharmacy team member working beside an automated medication dispensing system

    The Shafer Pharmacy Fund

    Pharmacy · Professional Development

    Supports clinical excellence for pharmacy staff pursuing pharmacist education and professional development, so high-quality pharmaceutical services continue at Riverside.

  • Riverside nurses celebrating the hospital's fourth Magnet designation

    Nursing Excellence Fund

    Nursing · Degrees · Certifications

    Supports nursing education and professional development, helping Riverside nurses pursue advanced degrees, certifications and other opportunities that strengthen their practice. Riverside's commitment to nursing excellence includes its Magnet® recognition.

  • Smiling Riverside Patient Accounts team member talking with a coworker at her desk

    The Walter Kambic and Martin Benoit Non-Nursing Scholarship

    Non-Nursing · Certificates & Degrees · Apprenticeships

    Supports professional growth for individuals pursuing a non-nursing certificate, apprenticeship or degree at an accredited college or university.

  • Portrait of William “Bill” Dyon

    The William Dyon Scholarship Fund

    Non-Nursing · Bachelor's Degree · Olivet Nazarene University

    Honors a lasting commitment to Riverside by supporting Riverside employees pursuing a non-nursing bachelor's degree at Olivet Nazarene University.

Have a different purpose in mind? See how to start a new fund

Impact

Every Endowed Fund Has a Story

For some families, an endowment is a way to honor someone who dedicated a career to caring for others. For others, it is an opportunity to help the next generation of healthcare professionals pursue an education they might not otherwise be able to afford.

And for recipients, the impact can be transformative.

Higher education has always represented opportunity to me, but for much of my life, it did not feel like a realistic possibility. As a first-generation college student, I grew up without the expectation of earning a bachelor's degree. It wasn't until I joined Riverside and experienced an organization that truly invests in the growth and development of its employees that I began to believe this goal was within reach.

Amber S.2026 Scholarship Recipient

A scholarship can help ease the financial burden of education while reminding the recipient that someone in their community believes in their future.

44Nursing Degree Scholarships

33Nursing Certifications

Funded through the Nursing Excellence Fund in 2025

How It Works

How an Endowed Fund Works

An endowed fund is designed to last. Your gift is invested, and each year a portion of the earnings supports the purpose of the fund.

  1. You Make a Gift

    Give to an existing fund, or establish a new one in your name or in honor or memory of someone special.

  2. Your Gift Is Invested

    The Foundation invests your gift so it can continue to grow over time.

  3. It Gives Back Every Year

    Each year, a portion of the earnings supports the fund's purpose, such as education and professional growth for Riverside staff.

Ways to Give

Ways to Support an Endowment

Choose the path that fits your goals. Our Foundation team is happy to help you decide.

  • Support an Existing Fund

    Give to an existing endowment or scholarship fund and help it continue its work for future recipients.

    Give to a Fund

  • Establish a New Fund

    Create an endowed fund in your name or in honor or memory of someone. Our team will help you shape a purpose that reflects what matters most to you.

    Discuss a New Fund

  • Include It in Your Estate Plan

    Including endowment support in your estate plan is a way to create a lasting legacy for Riverside and our community. Through our partnership with Thompson & Associates, you can also receive complimentary estate planning at no cost or obligation.

    Explore Estate Giving

Questions

Common Questions About Endowed Giving

How much does it take to start a named endowed fund?

 

Our Foundation team can walk you through the options.

Can I create a fund for a cause that matters to me?

Yes. Our Foundation team will work with you to understand what matters most to you and help identify an opportunity that aligns with your interests and charitable goals.

Can I give in honor or memory of someone?

Yes. You can establish a new endowed fund in honor or memory of someone special. For a one-time tribute gift, visit Memorial and Tribute Giving.

I work at Riverside. How do I apply for a scholarship?

Start the Conversation

An Endowment Is More Than a Fund

It is a statement about what you believe should continue for generations to come.

To learn more about existing endowments or discuss establishing a new fund, contact the Riverside Healthcare Foundation.

About Your Gift

Riverside Healthcare Foundation is a registered 501(c)(3); EIN 36-3166033. Gifts are tax-deductible to the extent allowed by law.