Promoting healthcare initiatives since 2008.
After the death of his wife, Louise Musante, in 1938, Amedeo Obici decided to build a hospital in Suffolk as a lasting legacy to her. The hospital would also continue his philanthropy in the community by providing Suffolk’s citizens with local, quality healthcare.
For about three decades, proceeds from the trust funded new equipment and building expenses for the hospital. In 1985, The Obici Foundation was officially established to oversee the funds Amedeo Obici left after his death for the benefit of the hospital. During the late 1980s and 1990s, the Obici Foundation continued to fund hospital renovation and equipment projects and also started to fund some small community outreach projects designed to improve health and healthcare for medically indigent individuals. In 2002 the Foundation used a substantial portion of the trust funds to help build a new modern hospital in Suffolk.
When the hospital was sold to Sentara Healthcare in 2006, the assets of the Obici Foundation were transferred to a new entity, the Obici Healthcare Foundation. The benefits were immediate and substantial. As a result of the sale, the assets of the new Foundation were more than tripled and it was relieved of the obligation to provide direct support to the hospital.