The Sheep River Health Trust began as a women’s auxiliary, raising money for the Oilfields General Hospital through small funding efforts. In 1994 the Oilfields Foundation was established as a registered charitable organization to raise funds for the hospital and the adjoining senior’s long term care facility, Rising Sun Long Term Care, in Black Diamond.
In 2004 Okotoks region was added to the Oilfields Foundation mandate. The Oilfields/Okotoks Foundation was renamed to the Sheep River Health Trust. The organization has expanded its services from funding equipment purchases to also supporting wellness programs and facilitating health services.