Twin County Community Foundation (TCCF), formerly known as “Twin County Regional Healthcare Foundation” (TCRHF), was originally formed as “Twin County Community Hospital Foundation” in July 1995 to support the charitable needs of Twin County Community Hospital. On April 1, 2012, the hospital sold 80% of its interest to Duke LifePoint while 20% of its interest remained a community asset. The existing funds of the hospital foundation were transferred to the Twin County Community Foundation. At which time, the foundation reorganized and is now a separate entity from the hospital with its own governing board. Proceeds from the asset sale of the hospital are managed by the TCRH, Inc. Legacy Board and will be transferred to the Twin County Community Foundation as deemed appropriate by the legacy board. According to stipulations in the sales agreement, those proceeds will be available for community grants after March 31, 2017 to support community healthcare related initiatives throughout the Twin Counties.
The Foundation provides opportunities to improve healthcare in Carroll County, Grayson County, the City of Galax, Virginia and surrounding communities, including meeting unmet healthcare needs of indigent and uninsured; supporting healthcare education programs and supporting programs which have the primary purpose of preventing and reducing illness and disease and other programs to promote the health, education and welfare of the community. Additionally, the Foundation may carry out other charitable, scientific, literary and educational purposes within the meaning of Section 501(c)(3) of the Internal Revenue Code.