United Health Foundation
- Assets
- $216.1m
- Revenue
- $86.6k
- Investments
- $0.0
- Employees
- 0
- Location
- Minnetonka, MN
- Founding
- 07/1999
- Data as of
- 12/2021
- EIN
- 41-1941615
Organization Overview
United Health Foundation is located in Minnetonka, 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 12/2021, United Health Foundation generated $86.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (30.9%) each year. All expenses for the organization totaled $47.5m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, United Health Foundation has awarded 580 individual grants totaling $302,048,117. 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
2021
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 NEARLY 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.
DIVERSE SCHOLARS INITIATIVE: DEVELOPING THE FUTURE HEALTH WORKFORCE:THIS INITIATIVE SUPPORTS THE FOUNDATION'S COMMITMENT TO IMPROVE HEALTH BY SUPPORTING THE HEALTHCARE WORKFORCE DEMANDS AND INCREASING THE NUMBER OF HEALTH PROFESSIONALS FROM MULTICULTURAL BACKGROUNDS. THROUGH THIS INITIATIVE WE SUPPORT HUNDREDS OF UNITED HEALTH FOUNDATION DIVERSE SCHOLARS WHO ARE WORKING TO ATTAIN THEIR HIGHER EDUCATIONGOALS AND EVENTUALLY WILL START CAREERS IN THE HEALTH INDUSTRY. THESE STUDENTS WHO OFTEN COME FROM LOWER-INCOME MULTICULTURAL BACKGROUNDS WILL INCREASE THE NUMBER OF QUALIFIED, YET UNDERREPRESENTED, HEALTH CARE PROFESSIONALS ENTERING THE WORKFORCE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Norman Wright Chairman | 0.5 | $0 | |
Marianne Short Chairman - Outgoing | 0.5 | $0 | |
Faraz Choudhry Secretary | 10 | $0 | |
Dannette Smith Assistant Secretary | 0.5 | $0 | |
Peter Rainey Treasurer | 0.5 | $0 | |
Cory Alexander Director | 0.5 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Arundel Metrics | 12/30/21 | $1,544,518 |
Fgh Holdings | 12/30/21 | $875,612 |
Reservoir Communications Group | 12/30/21 | $425,000 |
Wpp Group Usa | 12/30/21 | $470,345 |
Texas Health Institute | 12/30/21 | $242,999 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $84,856 |
| Interest on Savings | $1,789 |
| 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 | $86,645 |
| 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 | $36,639 |
| Printing and publications | $18,004 |
| Other expenses | $404,531 |
| Total operating and administrative expenses | $3,826,645 |
| Contributions, gifts, grants paid | $43,692,637 |
| Total expenses and disbursements | $47,519,282 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $5,257,527 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $210,814,990 |
| 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 | $216,072,517 |
| Accounts payable and accrued expenses | $330,817 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $20,398 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $5,515,415 |
| Total liabilities | $5,866,630 |
Grants Awarded
Over the last fiscal year, United Health Foundation has awarded $43,452,051 in support to 98 organizations.
| Grant Recipient | Amount |
|---|---|
Newark, DE PURPOSE: CORPORATE MATCH FOR EMPLOYEE GIVING PROGRAM | $23,943,781 |
New York, NY PURPOSE: UNITED HEALTH FOUNDATION COVID-19 RELIEF TO INDIA | $1,000,000 |
CHILDRENS NATIONAL MEDICAL CENTER PURPOSE: INTEGRATED SCHOOL AND COMMUNITY CONNECTIONS TO IMPROVE HEALTH OUTCOMES FOR AT-RISK CHILDREN | $559,928 |
CHILDRENS NATIONAL MEDICAL CENTER PURPOSE: INTEGRATED SCHOOL AND COMMUNITY CONNECTIONS TO IMPROVE HEALTH OUTCOMES FOR AT-RISK CHILDREN | $559,927 |
Port Angeles, WA PURPOSE: INTO THE RIVER: TAKING CARE TO COMMUNITIES IN NEED-- MOBILIZING INTERVENTIONS UPSTREAM AND DOWNSTREAM TO ADDRESS DISPARITIES | $544,321 |
Port Angeles, WA PURPOSE: INTO THE RIVER: TAKING CARE TO COMMUNITIES IN NEED-- MOBILIZING INTERVENTIONS UPSTREAM AND DOWNSTREAM TO ADDRESS DISPARITIES | $544,321 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that United Health Foundation has recieved totaling $10,000.
| Awarding Organization | Amount |
|---|---|
Encova Foundation Of West Virginia Charleston, WV PURPOSE: UNITED HOSPITAL CENTER PRO-AM GOLF TOURNAMENT | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Lynde And Harry Bradley Foundation Inc Milwaukee, WI | $1,061,478,184 | $82,867,746 |
United Health Foundation Minnetonka, MN | $216,072,517 | $86,645 |
Highlands Foundation Inc Madison, WI | $16,807,622 | $1,089,528 |
Rockwell Automation Charitable Corporation Milwaukee, WI | $6,137,007 | $10,007,891 |
The Green Fern Foundation Minneapolis, MN | $108,921,285 | $8,489,620 |
Andersen Corporate Foundation Bayport, MN | $0 | $11,597,422 |
Telligen Community Initiative West Des Moines, IA | $44,005,034 | $3,901,747 |
Wisconsin Public Service Foundation Inc Green Bay, WI | $36,455,212 | $2,413,868 |
Stepping Stones Of Dunn County Inc Menomonie, WI | $1,791,074 | $2,010,388 |
Remick Family Foundation Rochester, MN | $37,696,720 | $873,083 |
Tischer Creek Duluth Buildingcompany Duluth, MN | $17,330,550 | $1,688,178 |
Cla Foundation Minneapolis, MN | $886,971 | $1,572,520 |