Health Care Foundation Of Greater Kansas City
- Assets
- $905.3m
- Revenue
- $20.2m
- Investments
- $348.7m
- Employees
- 36
- Location
- Kansas City, MO
- Founding
- 05/2004
- Data as of
- 12/2023
- EIN
- 20-0167282
Organization Overview
Health Care Foundation Of Greater Kansas City, operating under the name Health Forward Foundation, is located in Kansas City, MO. The organization was established in 2004. According to its NTEE Classification (E99) the organization is classified as: Health Care N.E.C., under the broad grouping of Health Care and related organizations. As of 12/2023, Health Forward Foundation employed 36 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Health Forward Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Health Forward Foundation generated $20.2m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (5.8%) each year. All expenses for the organization totaled $50.3m during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Health Forward Foundation has awarded 2,292 individual grants totaling $217,801,583. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO ACHIEVE HEALTH EQUITY & SECURE A FAIR & JUST REGION THROUGH LEADERSHIP,ADVOCACY,& RESOURCES
Describe the Organization's Program Activity:
FOUR PURPOSE AREAS: HEALTH FORWARD'S NEW PURPOSE AREAS INCLUDE: PEOPLE, WHICH SEEKS TO CENTER EQUITY AND REMOVE BARRIERS IN THE HEALTH CARE SYSTEM; POWER, WHICH FOCUSES ON ADVANCING CIVIC ENGAGEMENT, AMPLIFYING COMMUNITY-DRIVEN MOVEMENTS, AND SUPPORTING COMMUNITY-BASED NONPROFITS; PLACE, WHICH FOCUSES ON TWO INFLUENTIAL SOCIAL FACTORS: HOUSING AND DIGITAL ACCESS; AND PLATFORM, WHICH FOCUSES ON ADVANCING RACIAL EQUITY AND ECONOMIC INCLUSION IN SYSTEMS, POLICIES AND STORIES.
PROGRAMMATIC INVESTMENTS: HEALTH FORWARD PROVIDED LOW-INTEREST RATE LOANS TO NONPROFIT ORGANIZATIONS THAT HAVE A STRONG TRACK RECORD OF CONSTRUCTING SAFE AND AFFORDABLE HOUSING IN ECONOMICALLY EXCLUDED COMMUNITIES.
HEALTH SCIENCES PATHWAY: HEALTH FORWARD ESTABLISHED THE HEALTH SCIENCES PATHWAYS FUND. THIS BOARD DESIGNATED FUND PROVIDED GRANTS TO GROW AND SUPPORT PATHWAYS FOR PEOPLE UNDERREPRESENTED IN THE HEALTH PROFESSION TO STRENGTHEN THE REGIONS' HEALTH CARE WORKFORCE IN SERVICE TO HEALTH FORWARD'S COMMUNITIES OF FOCUS WITH A GOAL TO ELIMINATE HEALTH DISPARITIES AND FOSTER ECONOMIC INCLUSION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Irene Caudillo Chair | OfficerTrustee | 1 | $0 |
Nikki Newton Vice-Chair | OfficerTrustee | 1 | $0 |
Geoff Jolley Secretary | OfficerTrustee | 1 | $0 |
Kent Hawkins Treasurer | OfficerTrustee | 1 | $0 |
Stacey Daniels-Young Board Member | Trustee | 1 | $0 |
Tim Duncan Board Member | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Barrel Rate Capital Investment Management | 12/30/23 | $875,000 |
Tudor Investment Corporation Investment Management | 12/30/23 | $1,470,543 |
Candelo Capital Management Investment Management | 12/30/23 | $674,782 |
Heard Capital Investment Management | 12/30/23 | $829,942 |
Hbk Capital Management Investment Management | 12/30/23 | $569,928 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $5,000 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,000 |
| Total Program Service Revenue | $0 |
| Investment income | $18,321,369 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $1,861,504 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $20,187,873 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $31,576,111 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $1,921,316 |
| Compensation of current officers, directors, key employees. | $768,537 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,689,827 |
| Pension plan accruals and contributions | $218,373 |
| Other employee benefits | $113,839 |
| Payroll taxes | $182,874 |
| Fees for services: Management | $108,122 |
| Fees for services: Legal | $394,079 |
| Fees for services: Accounting | $61,330 |
| Fees for services: Lobbying | $108,133 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $10,092,157 |
| Fees for services: Other | $1,267,540 |
| Advertising and promotion | $2,100 |
| Office expenses | $82,183 |
| Information technology | $252,629 |
| Royalties | $0 |
| Occupancy | $318,758 |
| Travel | $54,355 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $110,782 |
| Interest | $6,344 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $155,174 |
| Insurance | $39,640 |
| All other expenses | $0 |
| Total functional expenses | $50,327,425 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $226,951 |
| Savings and temporary cash investments | $10,067,060 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $304,233 |
| Net Land, buildings, and equipment | $1,494,575 |
| Investments—publicly traded securities | $540,469,513 |
| Investments—other securities | $348,651,719 |
| Investments—program-related | $3,515,000 |
| Intangible assets | $0 |
| Other assets | $544,349 |
| Total assets | $905,273,400 |
| Accounts payable and accrued expenses | $482,487 |
| Grants payable | $17,634,398 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $18,116,885 |
| Net assets without donor restrictions | $887,156,515 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $905,273,400 |
Grants Awarded
Over the last fiscal year, Health Care Foundation Of Greater Kansas City has awarded $29,976,977 in support to 223 organizations.
| Grant Recipient | Amount |
|---|---|
ACLU FOUNDATION OF KANSAS PURPOSE: ACLU FOUNDATION OF KANSAS-CIVIC ENGAGEMENT 2023 | $150,000 |
1 GOAL CONSULTANTS PURPOSE: NARRATIVE CHANGE/PLATFORM | $50,000 |
AD HOC GROUP AGAINST CRIME PURPOSE: 2023 PEOPLE FUNDING | $175,000 |
BELTON SCHOOL DISTRICT #124 PURPOSE: 2023 PEOPLE FUNDING | $135,000 |
BETHEL NEIGHBORHOOD CENTER PURPOSE: BETHEL NEIGHBORHOOD CENTER-CAPACITY BUILDING 2023 | $50,000 |
BIONEXUS KC PURPOSE: EQUITY & INCLUSION LEADERSHIP DEVELOPMENT | $35,792 |