Foundation changes, leadership search in New Albany
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A search is underway for a new executive director of Floyd Memorial Foundation following the announced resignation of Meredith Lambe. The search comes as the foundation undergoes changes with its relationship with New Albany-based Baptist Health Floyd.
Lambe, who served in the role for nine years, has accepted an out-of-state job with another nonprofit. She says her new job will allow her to remain in the region, so Lambe says she will continue to assist with the foundation, including the search for her replacement.
“We are happy for Meredith and thrilled she is remaining an active member of the foundation,” said Floyd Memorial Foundation Chairman Matt Millies. “Her experience will allow the foundation to maintain continuity into the future, and we will rely on her knowledge and expertise as we work to identify our next executive director.”
In November, Baptist Health Floyd announced it would launch a new fundraising foundation, separate from Floyd Memorial Foundation, to concentrate on the needs of the hospital and its future growth.
The Floyd Memorial Foundation has been the hospital’s fundraising arm since 1978. The hospital, which is operated by Louisville-based Baptist Health, previously provided the foundation with an in-kind donation of equipment, office space, and staff – including Lambe.
The foundation says the hospital has informed the nonprofit it will no longer provide any in-kind donations.
While the new hospital foundation will be separate from Floyd Memorial Foundation, Baptist Health Chief Operating Officer Patrick Falvey said in a November news release he hopes both boards can work together for the betterment of the community.
“Baptist Health is not proposing for the new foundation to compete with the Floyd Memorial Foundation, but rather allow the Foundation to support broader community needs. The new foundation would focus solely on supporting the hospital, its patients and caregivers,” said Falvey.
Falvey says the new foundation will concentrate on targeted capital campaigns and other fundraising initiatives that only support the needs of the hospital.