Centene Foundation
- Assets
- $221.1m
- Revenue
- $7.7m
- Investments
- $219.8m
- Employees
- 0
- Location
- St Louis, MO
- Founding
- 09/2004
- Data as of
- 05/2024
- EIN
- 20-1298192
Organization Overview
Centene Foundation is located in St Louis, MO. The organization was established in 2004. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Centene 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 05/2024, Centene Foundation generated $7.7m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (23.4%) each year. All expenses for the organization totaled $30.3m during the year ending 05/2024. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Centene Foundation has awarded 1,413 individual grants totaling $157,686,694. 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
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2024
Describe the Organization's Program Activity:
Part 3 - Line 4a
N/A
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Andrew L Asher Director/treasurer | 1 | $0 | |
Keith H Williamson Director/president | 1 | $0 | |
Sarah M London Chairman/director | 1 | $0 | |
Christopher A Koster Secretary/director | 1 | $0 | |
Kenneth J Fasola Director/vice Chairman | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Meristem Family Wealth Llc | 5/30/24 | $221,107 |
Husch Blackwell | 5/30/24 | $70,000 |
Meristem Family Wealth Llc | 5/30/24 | $0 |
Husch Blackwell | 5/30/24 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $347,091 |
| Dividends & Interest | $7,544,227 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$200,262 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $33,797 |
| Total Revenue | $7,724,853 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $107,748 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $47,198 |
| Total operating and administrative expenses | $567,150 |
| Contributions, gifts, grants paid | $29,773,155 |
| Total expenses and disbursements | $30,340,305 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $276,977 |
| Savings and temporary cash investments | $1,012,894 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $29,571,442 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $221,084,856 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Centene Foundation has awarded $29,773,155 in support to 126 organizations.
| Grant Recipient | Amount |
|---|---|
100 BLACK MEN OF METROPOLITAN ST LOUIS PURPOSE: 40TH ANNIVERSARY DAYLA | $535 |
100 BLACK MEN OF METROPOLITAN ST LOUIS PURPOSE: 40TH ANNIVERSARY DAYLA | $4,465 |
ALTERNATIVES FOR GIRLS PURPOSE: DR. MAYA ANGELOU VILLAGE -PERMANENT SUPPORTIVE HOU | $333,334 |
ALTERNATIVES FOR GIRLS PURPOSE: DR. MAYA ANGELOU VILLAGE -PERMANENT SUPPORTIVE HOU | $333,333 |
AEROANGEL INCORPORATED PURPOSE: CONTRIBUTION | $18,500 |
AMERICAN HEART ASSOCIATION PURPOSE: NEW MOM KITS SURVIVOR CAMPAIGN | $23,620 |