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04/24/2013

Texas Health merges Harris, Presbyterian foundations

Arlington-based Texas Health Resources said that effective June 1 it will combine the foundations of the former Harris Methodist and Presbyterian hospital systems, which merged in 1997. Texas Health Resources Foundation will be led by President Jay McAuley, who previously was president of the Presbyterian foundation. Texas Health Harris Methodist Foundation and Texas Health Presbyterian Foundation are not-for-profit organizations that "have raised funds that support clinical, educational and research programs across the Texas Health system," THR said in a news release. According to THR, the combined foundation will have assets of more than $210 million. Texas Health Resources Foundation's 18-member board of trustees will include members from both of the existing foundation boards.

-- Jim Fuquay

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