The Kendrick Foundation, Inc. is a 501(c)(3) organization established in 2001 as a vehicle to assist health-related programs benefiting residents of Morgan County. Formed from the proceeds of the sale of Kendrick Memorial Hospital, the Kendrick Foundation, Inc. reflects the long service of the hospital to the health of the community. It has become an extension of the life work of Dr. William Kendrick, and all who preceded him in the 100 years of service given at Kendrick Memorial Hospital. With assets more than $30 million, the Kendrick Foundation, Inc. provides grant and scholarship funds to medical and health programs, support to community healthcare outreach programs, financial support to hospice programs, healthcare education and financial support to programs for the medically indigent. The Kendrick Foundation, Inc. is governed by a seven-member board of directors who are responsible for its investments, grants, and scholarships. The mission of the Kendrick Foundation, Inc. is to financially support education and initiatives to improve the physical and mental health of Morgan County residents.