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    money moves

    Houston hospital system gifted with massive $15 million wellness grant

    Amy Rasplicka
    Apr 22, 2019 | 2:15 pm
    Houston, Methodist Hospital exterior, August 2017
    Methodist Hospital system has received a whopping $15 million.
    Courtesy of Methodist Hospital/Facebook

    A $15 million gift from the Fondren Foundation is allowing the Houston Methodist Hospital system to create a new entity for wellness.

    This donation will enable Houston Methodist to use resources from two existing programs — the Immunology Center and the Food and Health Alliance — to create the Fondren Inflammation Collaborative. The Fondren Foundation expects this program will become a local, regional, and international nexus for the diagnosis and treatment of gastrointestinal and immunological disorders and severe food allergies.

    "Patients with these complex conditions often travel from doctor to doctor for years in search of a proper diagnosis and treatment," says Rob Fondren, former chair of The Fondren Foundation, in a release. "Recognizing the challenges faced by these patients and their families, The Fondren Foundation's vision is to close the gap in patient care by building an international destination of hope and relief for people with these complex, often intertwined conditions and their underlying inflammatory triggers. A central hub focused on these debilitating disorders would fill a significant gap in the Texas Medical Center."

    Houston Methodist turns 100 this year. The Fondren family has served the hospital throughout its history. Fondren family members have served on the Houston Methodist board as well as councils and task forces.

    "Houston Methodist would not be where it is today had it not been for the leadership of the Fondren family," says Marc Boom, Houston Methodist president and CEO, in a release. "There is really no family more unparalleled in the history of Houston Methodist. They have contributed to this institution for essentially 100 consecutive years. It's astonishing and humbling the contributions this family has made generation after generation."

    The Fondren Foundation donation to form the Fondren Inflammation Collaborative will pay dividends now and for years to come, according to the release. The donation provides for four endowed chairs, research, education, counseling, and training, which will help the Collaborative achieve its initial goals of finding the link between inflammation and gastrointestinal and immunological health and then running clinical trials with groundbreaking treatments. In the future, the Collaborative will expand its scope to understanding the connection between inflammation and other disease-prone areas of the body.

    "We're an organization built on the pillars of success, and we constantly evolve," says Roberta Schwarz, executive vice president, chief innovation officer, says in a recent InnovationMap interview. "I can't even tell you where we'll be in a hundred years."

    ---

    This story originally appeared on InnovationMap.

    health
    news/innovation

    economic news

    Texas slides down the list of best U.S. state economies for 2025

    Amber Heckler
    Jun 9, 2025 | 2:15 pm
    Hand of woman putting money in jar
    Getty Images
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    After riding high among the top five best state economies in 2024, Texas' robust economy may be showing some cracks. Texas now ranks as the state with the eighth best economy, four spots lower than last year's ranking, according to a new WalletHub report.

    WalletHub's experts ranked all 50 states and the District of Columbia across 28 metrics to measure each state's economic activity and health and its "innovation potential."

    Massachusetts moved up two spots from last year to claim the No. 1 best state economy title for 2025, followed by Utah (No. 2) and Washington (No. 3). Texas was surpassed by No. 4-ranking California, as well as New Hampshire (No. 5), North Carolina (No. 6), and Idaho (No. 7).

    This is how Texas fared across the three major categories in the study:

    • No. 4 – Economic activity (down from No. 2)
    • No. 11 – Economic health (down from No. 7)
    • No. 24 – Innovation potential (unchanged)
    Texas ranked No. 1 with the most exports per capita in a three-way tie with Louisiana and Kentucky, the report found.
    The Lone Star State prides itself on its business-friendliness, and cities like Houston boast some of the most innovative companies in the nation. Texas also ranked 13th in WalletHub's separate study of the most and least innovative states for 2025.

    WalletHub analyst Chip Lupo says the states that have the best economies are often those that invest in new businesses, technology, and more. The report also suggests low unemployment rates and high wages are among the many factors that can help Texas residents be successful while also boosting the state economy.

    "A strong state economy doesn’t guarantee success for the state’s residents, but it certainly makes financial success more attainable," Lupo said.

    The states with the worst economies in 2025, according to WalletHub, are Hawaii (No. 49), West Virginia (No. 50), and Iowa (No. 51).

    texaseconomyinnovationwallethubreports
    news/innovation

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