Hoag Hospital Foundation is an independent non-profit foundation based in Newport Beach, California. Established in 1978, HHF's mission is to become a trusted and nationally recognized healthcare leader through meaningful and inspirational philanthropic partnerships. It is the philanthropic arm of Hoag. The assets of the foundation are managed by the Board of Directors.Hoag Hospital Foundation's investment portfolio is valued at over $173.04 million, with investments in domestic and international equity, private equity, hedge funds, and cash.