The CareSource Foundation
Programs
Program 1 [2020]
The CareSource Foundation furthers the charitable purposes of CareSource Ohio Inc. by providing advancing innovative solutions and addressing health care needs of the underserved through grants, outreach, medical expertise, strategic community partnerships, and volunteerism. The CareSource Foundation funds responsive grants to nonprofit organizations that impact children, adults, and families in areas that mirror the social determinants of health. Specifically, the CareSource Foundation targets the following: Economic stability; safe and healthy homes and neighborhoods; job skills and employment; access to healthcare, including physical, mental and behavioral health; early childhood education and child development; healthy behaviors and lifestyle concerns; public policy surrounding critical need health issues; and strategic public/private partnerships designed to increase healthy communities. In 2020, The CareSource Foundation provided grants to 79 nonprofit organizations totaling $1,161,000. Since 2006, the CareSource Foundation has awarded 1,634 grants with total charitable assistance exceeding $21.2 million to strengthen the network of health and human service nonprofit organizations throughout the states CareSource does business. The CareSource Foundation provides funding to nonprofits who are working to eliminate poverty, providing much-needed services to low-and moderate-income families, building healthier communities, and developing innovative approaches to address critical issues of children, adults and families. The CareSource Foundation is a leader in cultivating partnerships that enhance and improve the health care and life services for consumers. All of these grants have been selected through a rigorous review process that evaluates innovation, impact and sustainability. Over the last decade, the Organization has seen great challenges in the areas of well-being and health care. What is most exciting, however, is the impact The CareSource Foundation has had as the result of partnerships with some of the most impressive nonprofits in the country. The CareSource Foundation signature grants are focused on innovative, high-impact approaches to solving critical social issues. The CareSource Foundation awarded a total of $180,000 in signature grants to the following organizations in 2020: (1) Miami Valley In-Ovations: An $80,000 grant was awarded and funded in full in 2020. (2) Community Development for All People: A $100,000 grant was awarded and will be funded over two years. During 2020 The CareSource Foundation was able to quickly pivot from our traditional grantmaking activities to address the emerging needs caused by the COVID-19 pandemic. A large majority of the $1,161,000 total grants paid in 2020 were dedicated to COVID-19 relief. The funding supported CareSource's five HMO organizations, impacting over 200 small businesses across five states and seventeen cities. Finally, in support of the CareSource Foundation's commitment to its charitable purposes, its appointed trustees and committee members are given the ability to recommend that the organization donate certain dollar amounts to their Internal Revenue Code Section 501(c)(3) tax exempt charity of choice. Charitable donations in the amount of $42,000 were paid or accrued for in 2020 under this policy by the organization.GeographiesNot indicatedDatesJan 1, 2020 – Dec 31, 2020Source990No causes providedNo populations provided–$1.2MCommunity Health and Support Initiatives
Since 2006, The CareSource Foundation has awarded more than $32 million to nonprofits that are working to eliminate poverty, provide much-needed services to low-and moderate-income families, encourage healthy communities, develop innovative approaches to address critical health issues and enhance the lives of a diverse array of children, adults and families (Continued on Schedule O).GeographiesNot indicatedDatesJan 1, 2023 – Dec 31, 2023Source990No causes providedNo populations provided–$3.5M
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