PORT ST. JOE, Fla. (January 19, 2007) – The St. Joe Community Foundation (STJCF), represented by executive director, Jane McNabb, presented a $500,000 check to the Sacred Heart Health System Foundation today. This was the second installment of a

$5 million grant to construct the new Sacred Heart Hospital, planned to meet the present and future health care needs of Gulf and nearby Franklin County residents. To date, The St. Joe Community Foundation has contributed $1 million to the Sacred Heart Hospital and plans to donate an additional $4 million in the next nine years.

“This is an exciting day because it gives visibility to a bold new step for the Gulf and Franklin area for health care delivery systems,” explains Dr. Henry Roberts, president, Sacred Health System Foundation. “The results of this partnership with the St. Joe Community Foundation will make a world of difference not only in the lives of those who are currently living in Northwest Florida, but also for untold thousands in coming years.”

The St. Joe Community Foundation presented the check at a luncheon presentation held today at Gulf Coast Community College at the Gulf/Franklin County campus. During the presentation, the St. Joe Community Foundation and the Sacred Heart Health System Foundation discussed new plans and activities for the Sacred Heart Hospital – Gulf County.

About The St. Joe Community Foundation

The St. Joe Company (NYSE: JOE) created The St. Joe Community Foundation (STJCF) in 1999 to invest in community initiatives that pay long-term returns on the quality of life in Bay, Franklin, Gulf, and Walton counties.

Since its inception, STJCF made grants of more than $14 million to organizations in the region. Grants to date for 2006 exceed $948,000. STJCF’s unique funding structure is based on payments from sales in specific JOE communities within the region. Payments to The Foundation continue each time the properties are resold. In this way, JOE and the property owners who live in our neighborhoods partner with the community for the betterment of the entire region.

Focused primarily on education, regional health care delivery, arts and culture and parks and recreation, STJCF grants are based on building civic infrastructure and providing ongoing improvements in the region through grants and initiatives that promote teaching and learning to create healthier communities. To learn more about STJCF, log on to www.stjcf.org. 

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