Tenet Healthcare Foundation was established in 1998 by Tenet Healthcare Corporation to make grants to worthy organizations for a variety of charitable purposes. The Foundation directs the majority of its funding to helping meet unmet or underserved health care needs in the communities in which Tenet operates its hospitals and other facilities. Secondarily, the Foundation makes grants in support of appropriate educational, human service, civic and humanities-supporting organizations.

Through the grant-making program, the Foundation administers Tenet's corporate and hospital grant-giving. Working with an annual allocation, each of our facilities and regional markets collaborate with the Foundation to provide grant support to charitable organizations in their communities that meet Foundation guidelines.

We also believe the Foundation has a significant role to play in helping the nearly 39 million Americans - including 8.5 million children - who lack basic health insurance. To that end, we gave a number of grants to support community clinics that provide medical services to the uninsured and underserved. In the area of patient safety, we have made an ongoing commitment to provide funding for programs that address this important issue. We expect this will be a major focus of the Foundation in fiscal 2003 and beyond.

In addition to these new initiatives, we also continued to support our employee-focused programs - including the Matching Gift, Volunteer Involvement and Children of Employees Scholarship programs - for which all Tenet employees are eligible.

One of the long-standing goals of our Foundation is to make Tenet a better company to work for by funding local charities and programs in which our employees have a strong personal interest. By also focusing our grant-making efforts on key issues affecting health care, we believe we can improve the working life of every Tenet employee - and be a very positive force for change in our industry and in our communities.

For more information on the Tenet Healthcare Foundation, visit their page at http://www.tenethealth.com.