United Health Foundation
- Assets
- $134.2m
- Revenue
- $989.3k
- Investments
- $0.0
- Employees
- 0
- Location
- Eden Prairie, MN
- Founding
- 07/1999
- Data as of
- 12/2023
- EIN
- 41-1941615
Organization Overview
United Health Foundation is located in Eden Prairie, MN. The organization was established in 1999. According to its NTEE Classification (T21) the organization is classified as: Corporate 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. United Health 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, United Health Foundation generated $989.3k in total revenue. The organization has seen a slow decline revenue. Over the past 9 years, revenues have fallen by an average of (1.7%) each year. All expenses for the organization totaled $50.0m during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, United Health Foundation has awarded 675 individual grants totaling $389,881,549. 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
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
AMERICA'S HEALTH RANKINGS:THE FOUNDATION CONDUCTS THE AMERICA'S HEALTH RANKINGS, WHICH IS A STATE-BY-STATE ANALYSIS OF THE NATION'S HEALTH. AMERICA'S HEALTH RANKINGS HAS SERVED AS A CALL TO ACTION FOR HEALTHIER PEOPLE AND THEIR COMMUNITIES FOR OVER 30 YEARS, AND HAS GROWN TO INCLUDE REPORTS THAT EXAMINE THE HEALTH OF SENIORS AGED 65+, WOMEN AND CHILDREN, AND THOSE WHO HAVE SERVED IN THE U.S. ARMED FORCES.
TRANSFORMING HEALTH WITH COMMUNITIES:THE FOUNDATION IS COMMITTED TO SOURCING, DEVELOPING AND SUPPORTING INNOVATIVE AND EVIDENCE-BASED IDEAS THAT WILL HELP THE HEALTH SYSTEM WORK BETTER. TO DO THIS, WE IDENTIFY MEANINGFUL PARTNERS AND INITIATIVES THAT WE BELIEVE HAVE THE POTENTIAL TO LEAD TO IMPROVED ACCESS TO CARE, BETTER HEALTH OUTCOMES, AND HEALTHIER COMMUNITIES, AND ARE SCALABLE.
FUTURE HEALTH WORKFORCE (INCLUDING LEGACY DIVERSE SCHOLARS INITIATIVE):WORKFORCE INVESTMENTS FOCUS ON PROMOTING EQUITY AND DIVERSITY IN THE HEALTH WORKFORCE, IMPROVING EXISTING CAPACITY, INVESTING IN FUTURE WORKFORCE NEEDS, IMPROVING ACCESS TO PRIMARY CARE; AND ENHANCING THE PROVIDER EXPERIENCE.
DIVERSITY IN HEALTH CARE SCHOLARSHIP PROGRAM:THE DIVERSITY IN HEALTH CARE SCHOLARSHIP PROGRAM IS FOCUSED ON ACCELERATING PROGRESS IN ADVANCING HEALTH EQUITY. WE'RE PARTNERING WITH NATIONAL NONPROFIT ORGANIZATIONS TO PROVIDE SCHOLARSHIPS TO UNDERREPRESENTED STUDENTS SEEKING DEGREES THAT WILL LEAD TO CAREERS AS CLINICAL PROFESSIONALS AND PROVIDING SUPPORT TO CURRENT UNDERREPRESENTED HEALTH PROFESSIONALS TO HELP ADVANCE THEIR CREDENTIALS AND TRAINING IN NURSING, MENTAL HEALTH, MATERNAL HEALTH AND OTHER SPECIALTIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tracy Malone President (outgoing) | 25 | $0 | |
Anne Yau President | 25 | $0 | |
Norman Wright Chairman (outgoing) | 0.5 | $0 | |
Patricia Lewis Chairman | 0.5 | $0 | |
Peter Rainey Treasurer (outgoing) | 0.5 | $0 | |
Dennis Stankiewicz Treasurer | 5 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Fgh Holdings | 12/30/23 | $976,846 |
Reservoir Communications Group | 12/30/23 | $611,381 |
Texas Health Institute | 12/30/23 | $406,400 |
Wpp Group Usa | 12/30/23 | $1,197,068 |
Arundel Metrics | 12/30/23 | $1,500,274 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $602,979 |
| Interest on Savings | $386,272 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $989,251 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $226,976 |
| Printing and publications | $17,684 |
| Other expenses | $380,663 |
| Total operating and administrative expenses | $5,065,498 |
| Contributions, gifts, grants paid | $44,950,785 |
| Total expenses and disbursements | $50,016,283 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $7,605,313 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $126,575,765 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $134,181,078 |
| Accounts payable and accrued expenses | $5,732 |
| Grants payable | $5,014,429 |
| 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 | $5,020,161 |
Grants Awarded
Over the last fiscal year, United Health Foundation has awarded $44,991,067 in support to 46 organizations.
| Grant Recipient | Amount |
|---|---|
ACTIVE MINDS INC PURPOSE: ACTIVE MINDS HOLISTIC APPROACH TO EXPAND MIDDLE SCHOOL MENTAL HEALTH EDUCATION | $991,666 |
AMERICAN ACADEMY OF FAMILY PHYSICIANS FOUNDATION PURPOSE: AMERICAN ACADEMY OF FAMILY PHYSICIANS (AAFP): LEADING CHANGE FOR PHYSICIAN WELL-BEING | $50,000 |
AMERICAN FRIENDS OF ULSTER UNIVERSITY PURPOSE: UNITED HEALTH FOUNDATION IRELAND SCHOLARSHIP PROGRAM | $55,207 |
AMERICAN NURSES FOUNDATION INC PURPOSE: BUILDING BLOCKS FOR BEATING BURNOUT: STRESS FIRST AID FOR NURSES | $1,049,680 |
AMERICAN ONLINE GIVING FOUNDATION PURPOSE: CORPORATE MATCH FOR EMPLOYEE GIVING PROGRAM | $26,077,356 |
ASIAN & PACIFIC ISLANDER AMERICAN SCHOLARSHIP FUND PURPOSE: DIVERSITY IN HEALTH CARE SCHOLARSHIP PROGRAM | $717,250 |