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Season of Giving: Gene Garcia’s Legacy Lives On Through a Charitable Trust Supporting Four Local Organizations

January 14, 2013

​ALBUQUERQUE, NM – The end of each year is a time to give, be thankful and reflect. The Presbyterian Healthcare Foundation is thankful for the generous giving of Mr. Eugene L. Garcia.

Since 2002, Presbyterian, along with the New Mexico BioPark Society, St. Joseph’s Healthcare Foundation and the University of New Mexico Foundation, has received more than $500,000 from the Eugene L. Garcia Charitable Trust, following the death of Mr. Garcia. Last week, all four organizations received $15,720 for the quarterly disbursement, bringing the total money distributed to $2,200,000.

Mr. Garcia was extremely entrepreneurial. He began working when he was nine tending a flock of sheep and ended his career at 92. He had a thirst for knowledge for construction, engineering and business management. Mr. Garcia owned his own construction business at a young age and worked until his wife, Marie, was diagnosed with cancer. He played an important role in the Manhattan Project in World War II.

The Garcia Trust was established to provide income in perpetuity to the above charitable organizations to use for purposes consistent with their missions and to provide the greatest benefit to the largest number of New Mexicans. The funds are not to be used for programs funded through government sources. To date, the trust has provided $2.2 million.

At Presbyterian, the Garcia Trust funds are used for research, equipment, program services and patient assistance. The Presbyterian Healthcare Foundation has used funds for oncology nursing education, ongoing support for cancer patients and most recently to purchase a Sim-Baby, a high tech manikin capable of reproducing life-like pediatric characteristics. The New Mexico BioPark Society is using the funds to create a penguin exhibit. UNM is using the money for special projects that assist the UNM Cancer Center’s research projects and at St. Joseph’s the money is being used for early childhood development research. The Trust is managed by Wells Fargo Wealth Management.

About Presbyterian Healthcare Services

The Presbyterian Healthcare Foundation is a New Mexico not-for-profit corporation chartered in 1968 to support and advance the quality healthcare provided by Presbyterian Healthcare Services. Presbyterian exists to improve the health of patients, members and the communities it serves. Founded in New Mexico in 1908, Presbyterian is the state’s only private, not-for-profit healthcare system. Presbyterian offers eight hospitals, a statewide health plan and a growing multi-specialty medical group. Presbyterian employs more than 9,000 respected employees.

Media Inquiries:

Niki Allcorn
Communications Specialist

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