Highmark Foundation
- Assets
- $126.5m
- Revenue
- $6.0m
- Investments
- $38.4m
- Employees
- 0
- Location
- Pittsburgh, PA
- Founding
- 05/2001
- Data as of
- 12/2022
- EIN
- 25-1876666
Organization Overview
Highmark Foundation is located in Pittsburgh, PA. The organization was established in 2001. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Highmark 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 12/2022, Highmark Foundation generated $6.0m in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 3.9% each year. All expenses for the organization totaled $14.8m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Highmark Foundation has awarded 413 individual grants totaling $33,824,784. 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
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
COVID-19 RELIEF GRANTS TO SAFETY NET PROVIDERS (FQHCS, FREE CLINICS AND COMMUNITY-BASED ORGANIZATIONS) FROM $15,000 TO $50,000.
CHILDREN'S HOSPITAL FOUNDATION OF PITTSBURGH TO SUPPORT THE WHOLE CHILD WELLNESS CLINIC (WCWC)PILOT, A COORDINATED HUB FOR HEALTH CARE, DESIGNED FOR FAMILIES AND THEIR CHILDREN.
CENTER SUSQUEHANNA INTERMEDIATE UNIT TO SUPPORT THE BUILD ON THE IMPLEMENTATION, RESEARCH, PRACTICE AND IMPACT OF BULLYING PREVENTION AND INTERVENTION EFFORTS.
PROJECT DESTINY TO SUPPORT THE THRIVE18 INITIATIVE WHICH WORKS TO MEET CRITICAL SOCIAL SERVICE NEEDS ON THE NORTH SIDE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Richard Q Dufurrena DDS Director (end 6/22) | 1 | $0 | |
Janine K Colinear Director | 1 | $0 | |
Kenya T Boswell Director | 1 | $0 | |
Daniel A Onorato Director/chairperson | 1 | $0 | |
Judith W Ritchie Director | 1 | $0 | |
Doris Carson Williams Director/vice Chairperson | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $5,266,020 |
| Interest on Savings | $0 |
| Dividends & Interest | $716,641 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$13,252 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $5,969,409 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $9,777 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $117,251 |
| Total operating and administrative expenses | $127,028 |
| Contributions, gifts, grants paid | $14,639,140 |
| Total expenses and disbursements | $14,766,168 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $8,636,162 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $102,021 |
| Net Pledges Receivable | $0 |
| Grants receivable | $79,361,033 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $126,514,361 |
| Accounts payable and accrued expenses | $11,459 |
| Grants payable | $46 |
| 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 | $11,505 |
Grants Awarded
Over the last fiscal year, Highmark Foundation has awarded $18,419,672 in support to 230 organizations.
| Grant Recipient | Amount |
|---|---|
A CALL TO CARE PURPOSE: TO SUPPORT A CALL TO CARE'S FREE TWO-DAY DENTAL CLINIC CALLED MISSION OF MERCY PITTSBURGH AND ITS NEWLY ESTABLISHED RURAL CLINIC EXPANSION PROGRAM. MOMPGH WILL BE HELD AUGUST 5-6, 2022, AT THE CONVENTION CENTER IN DOWNTOWN PITTSBURGH. PROGRAMMATIC SUPPORT | $127,500 |
ADAGIO HEALTH PURPOSE: TO SUPPORT ADAGIO HEALTH WOMEN VETERANS NEEDS ASSESSMENT AND BETTER HEALTH OUTCOMES. | $193,000 |
ALLEGHENY HEALTH NETWORK PURPOSE: TO SUPPORT AHN CENTER FOR INCLUSION HEALTH'S RETHINKING INCARCERATION & EMPOWERING RECOVERY (RIVER) CLINIC, $100K GRANT FOR AHN PEDIATRICS MEDICAL NUTRITION AND FEEDING PROGRAM, AND $150K GRANT FOR MOVING THE NEEDLE OF HEALTH EQUITY 2.0 EVENT. | $350,000 |
ALLEGHENY HEALTH NETWORK - URIM PURPOSE: TO SUPPORT THE GEORGE J. MAGOVERN, SR. UNDERREPRESENTED MINORITY SCHOLARS PROGRAM. | $10,000 |
ALLEGHENY HEALTH NETWORK PURPOSE: TO SUPPORT MEDICAID-APPLYING PATIENT SUPPORT | $5,000,000 |
ALLEGHENY HEALTH NETWORK- CARDIOVASCULAR PURPOSE: TO SUPPORT HEALTHCARE DISPARITIES WHICH IMPACT LOWER INCOME RESIDENTS OF THE NORTH SIDE OF PITTSBURGH: HEART TO HEART HEALTH PROJECT. | $125,000 |