Use of the building was donated by M.B Finkelstein, a local attorney. When it became clear that he intended the building to be used as a colored only hospital, The Chattanooga Times wrote articles imploring their readers to donate whatever they could to the fund. During the 1945 renovation of the building, hospital officials held open houses to allow the public to see where their donations went.
The Carver Memorial Hospital was closed in 1962. The building no longer exists. The marker is located between the two-way traffic lanes, but easily accessible.