Caresource Foundation is located in Dayton, OH. The organization was established in 2008. According to its NTEE Classification (E11) the organization is classified as: Single Organization Support, under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Caresource 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, Caresource Foundation generated $3.5m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 8.3% each year. All expenses for the organization totaled $4.0m during the year ending 12/2021. While expenses have increased by 7.5% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Caresource Foundation has awarded 456 individual grants totaling $14,161,207. 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO INVEST IN INITIATIVES AND ORGANIZATIONS THAT MAKE A LASTING DIFFERENCE IN OUR MEMBERS' LIVES AND IN THEIR COMMUNITIES BY IMPROVING THEIR HEALTH AND WELL-BEING.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE CARESOURCE FOUNDATION FURTHERS THE CHARITABLE PURPOSES OF CARESOURCE OHIO, INC. AND ITS RELATED ENTITIES ("CARESOURCE FAMILY OF COMPANIES") BY PROVIDING ADVANCED, INNOVATIVE SOLUTIONS AND ADDRESSING HEALTH CARE NEEDS OF THE UNDERSERVED THROUGH GRANTS, OUTREACH, MEDICAL EXPERTISE, STRATEGIC COMMUNITY PARTNERSHIPS, AND VOLUNTEERISM. THE CARESOURCE FOUNDATION FUNDS COMMUNITY GRANTS TO NONPROFIT ORGANIZATIONS THAT IMPACT CHILDREN, ADULTS, AND FAMILIES IN AREAS THAT IMPROVE HEALTH EQUITY, HEALTH OUTCOMES, AND HEALTH LITERACY. SPECIFICALLY, THE CARESOURCE FOUNDATION TARGETS THE FOLLOWING: SUPPORTING HEALTH EDUCATION AND PROMOTING HEALTHY HABITS; IMPROVING MATERNAL, INFANT, AND CHILD HEALTH; ENSURING FAMILIES HAVE SAFE, STABLE, AND HEALTHY HOMES AND NEIGHBORHOODS; AND STRENGTHENING THE CAPACITY OF A DIVERSE HEALTH AND 21ST CENTURY WORKFORCE. IN 2021, THE CARESOURCE FOUNDATION PROVIDED GRANTS TO 106 NONPROFIT ORGANIZATIONS ACROSS EIGHT STATES TOTALING $3.9 MILLION. SINCE 2006, THE CARESOURCE FOUNDATION HAS AWARDED MORE THAN $25.1 MILLION IN CHARITABLE ASSISTANCE TO STRENGTHEN THE NETWORK OF HEALTH AND HUMAN SERVICE NONPROFIT ORGANIZATIONS THROUGHOUT THE STATES IN WHICH THE CARESOURCE FAMILY OF COMPANIES DO BUSINESS. THE CARESOURCE FOUNDATION PROVIDES FUNDING TO NONPROFITS WHO ARE WORKING TO ELIMINATE POVERTY, PROVIDING MUCH-NEEDED SERVICES TO LOW-AND MODERATE-INCOME FAMILIES, BUILDING HEALTHIER COMMUNITIES, AND DEVELOPING INNOVATIVE APPROACHES TO ADDRESS CRITICAL ISSUES OF CHILDREN, ADULTS, AND FAMILIES. THE CARESOURCE FOUNDATION IS A LEADER IN CULTIVATING PARTNERSHIPS THAT ENHANCE AND IMPROVE THE HEALTH CARE AND LIFE SERVICES FOR CONSUMERS. ALL OF THESE GRANTS HAVE BEEN SELECTED THROUGH A RIGOROUS REVIEW PROCESS THAT EVALUATES INNOVATION, IMPACT, AND SUSTAINABILITY. OVER THE LAST DECADE, THE ORGANIZATION HAS SEEN GREAT CHALLENGES IN THE AREAS OF WELL-BEING AND HEALTH CARE. WHAT IS MOST EXCITING, HOWEVER, IS THE IMPACT THE CARESOURCE FOUNDATION HAS HAD AS THE RESULT OF PARTNERSHIPS WITH SOME OF THE MOST IMPRESSIVE NONPROFITS IN THE COUNTRY. THE CARESOURCE FOUNDATION SIGNATURE GRANTS ARE FOCUSED ON INNOVATIVE, HIGH-IMPACT APPROACHES TO SOLVING CRITICAL SOCIAL ISSUES. THE CARESOURCE FOUNDATION AWARDED A TOTAL OF $2.1 MILLION IN SIGNATURE GRANTS TO THE FOLLOWING ORGANIZATIONS IN 2021: - NURSE-FAMILY PARTNERSHIP NATIONAL OFFICE (DENVER, CO): $529,034 TO BE GIVEN OVER 3 YEARS FOR A CULTURAL CONSCIOUSNESS PATHWAY TO DEVELOP, PILOT, IMPLEMENT, AND EVALUATE A CULTURAL CONSCIOUSNESS PATHWAY FOR NURSES IN OUR NATIONAL NETWORK OF LOCAL PARTNERS. - PHOEBE FOUNDATION INC. (ALBANY, GA): $256,226 TO BE GIVEN OVER 3 YEARS FOR THE NURSE-FAMILY PARTNERSHIP EXPANSION TO ESTABLISH A NURSE FAMILY PARTNERSHIP AFFILIATE IN DOUGHERTY COUNTY IN PARTNERSHIP WITH THE PHOEBE-PUTNEY HEALTH SYSTEM. - ONEFIFTEEN RECOVERY (DAYTON, OH): $220,000 TO BE GIVEN OVER 2 YEARS FOR TECH-ENABLED CARE FOR RURAL OHIO TO BUILD AND ESTABLISH A RURAL TELEHUB PROGRAM THAT WILL CONNECT RURAL PATIENTS TO SUBSTANCE USE DISORDER ("SUD") CLINICIANS VIRTUALLY AND DELIVER VIRTUAL ADDICTION MEDICINAL CARE. - OHIO STATE UNIVERSITY FOUNDATION (DAYTON, OH): $125,000 TO BE GIVEN OVER 2 YEARS FOR MOMS2B AND DADS2B, A WEEKLY, NEIGHBORHOOD-BASED GROUP PROGRAM THAT HELPS TO CONNECT WOMEN TO MEDICAL CARE AND TO LEARN SKILLS THAT IMPROVE PREGNANCY AND BIRTH OUTCOMES. - OPEN HAND ATLANTA INC. (ATLANTA, GA): $375,000 FOR MEDICALLY-TAILORED MEALS INTERVENTION FOR PREGNANT WOMEN WITH GESTATIONAL DIABETES TO SEEK TO DETERMINE IF THE INTERVENTION AND SUPPORT GROUPS CAN REDUCE BIRTH COMPLICATIONS AND INCREASE MATERNAL AND INFANT HEALTH OUTCOMES. - EVSC FOUNDATION INC. ("EVANSVILLE SCHOOLS") (EVANSVILLE, IN): $296,900 TO BE GIVEN OVER 2 YEARS FOR GROWTH IN ACADEMICS THROUGH INNOVATION AND NEUROEDUCATION ("GAIN"), WHICH PROMOTES HEALTHY BEHAVIORS, IMPLEMENTS MIND-BODY MEDICINE, AND IMPROVES MENTAL HEALTH FOR EDUCATORS AND STUDENTS K-8 OVER THE NEXT THREE YEARS. - AMERICAN HEART ASSOCIATION, INC. (MONTGOMERY COUNTY, OH): $375,000 TO BE GIVEN OVER 3 YEARS TO IMPLEMENT THE HISTORICALLY BLACK COLLEGES & UNIVERSITIES (HBCU) SCHOLARS PROGRAM IN OHIO TO HELP UNDERREPRESENTED STUDENTS ATTAIN PROFESSIONAL DEGREES IN BIOMEDICAL AND HEALTH CAREERS. - REACH OUT AND READ, INC. (ALBANY, GA): $100,000 FOR THE CARESOURCE RX FOR SUCCESS PARTNERSHIP. THE EARLY LITERACY INTERVENTION PUTS BOOKS IN THE HANDS OF KIDS AND PARENTS BY WAY OF THEIR PEDIATRICIAN ADDRESSING BOTH WELL-CHILD VISITS AND CHILDHOOD LITERACY, WHICH IS A KEY STRATEGY IN ADDRESSING HEALTH LITERACY. - MONTGOMERY CO. ESC (DAYTON, OH): $96,000 FOR THE NEUROSEQUENTIAL MODEL PRESCHOOL. IN PARTNERSHIP WITH DR. BRUCE PERRY, THE NEUROSEQUENTIAL NETWORK, AND THE VILLAGE NETWORK, WORK TO PILOT A FIRST OF ITS KIND TRAUMA AND NEUROBIOLOGICALLY-INFORMED, REPLICABLE NEUROSEQUENTIAL MODEL PRESCHOOL PROGRAM FOR PRESCHOOLERS IN KINSHIP OR FOSTER CARE OR RECENTLY ADOPTED PRESCHOOLERS. - ECLECTIC SOUL VOICES CORPORATION ("VOICES") (INDIANAPOLIS, IN): $60,000 FOR FAMILY LIBERATION AND ADVANCEMENT, WHICH ADDRESSES THE ENTIRE FAMILY, INCLUDING EDUCATION ACCESS, ECONOMIC MOBILITY, HOME OWNERSHIP, AND COMMUNITY SUPPORTS FOR YOUNG BLACK MEN AT RISK FOR THE ADULT JUSTICE SYSTEM.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Erhardt Preitauer President & Ceo, Trustee | OfficerTrustee | 1 | $0 |
Daniel Mccabe Chief Admin Officer, Trustee | OfficerTrustee | 20 | $0 |
Jai Pillai Chief Operating Officer | Officer | 1 | $0 |
David Goltz Chief Financial Ofr (to 1/21) | Officer | 0 | $0 |
Lawrence Smart Chief Financial Ofr (eff 1/21) | Officer | 1 | $0 |
David Finkel Evp Markets, Trustee (to 4/21) | Trustee | 1 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $3,500,000 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $0 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $3,500,000 |
Total Program Service Revenue | $0 |
Investment income | $3,916 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $3,503,916 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $3,799,170 |
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. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $0 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $0 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $14,353 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $0 |
Insurance | $0 |
All other expenses | $0 |
Total functional expenses | $4,043,560 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $2,454,689 |
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 | $0 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $2,454,689 |
Accounts payable and accrued expenses | $0 |
Grants payable | $723,610 |
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 | $12,500 |
Total liabilities | $736,110 |
Net assets without donor restrictions | $1,718,579 |
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 | $2,454,689 |
Over the last fiscal year, Caresource Foundation has awarded $3,431,507 in support to 71 organizations.
Grant Recipient | Amount |
---|---|
Dallas, TX PURPOSE: HBCU SCHOLARS | $375,000 |
Albany, GA PURPOSE: PHOEBE PUTNEY HEALTH SYSTEM NURSE-FAMILY PARTNERSHIP PROGRAM | $256,226 |
Dayton, OH PURPOSE: RMHC KEEPING MORE FAMILIES CLOSE CAPITAL CAMPAIGN; 2021 DOORS OF COMPASSION | $255,000 |
Dublin, OH PURPOSE: TECH-ENABLED CARE FOR RURAL OHIO | $220,000 |
Denver, CO PURPOSE: CULTURAL CONSCIOUSNESS PATHWAY | $196,094 |
Atlanta, GA PURPOSE: MEDICALLY TAILORED MEALS INTERVENTION: PREGNANT MOMS W/GESTATIONAL DIABETES | $193,587 |
Over the last fiscal year, we have identified 1 grants that Caresource Foundation has recieved totaling $3,500,000.
Awarding Organization | Amount |
---|---|
Caresource Dayton, OH PURPOSE: General Support | $3,500,000 |
Organization Name | Assets | Revenue |
---|---|---|
Indiana Health Information Exchange Inc Indianapolis, IN | $7,071,643 | $17,868,575 |
Construction Industry Of Kansas Health & Welfare Trust Fund Agreem Lexington, KY | $4,313,780 | $19,547,175 |
Frank Messer & Sons Construction Co Health Care Trust Agreement Cincinnati, OH | $1,608,604 | $18,730,323 |
Apis Services Inc Reading, PA | $60,776,008 | $15,713,327 |
Carpenters Health Fund Of West Virginia Ona, WV | $33,945,838 | $18,485,815 |
Ohio Bricklayers Health And Welfare Fund Troy, MI | $39,451,516 | $19,388,993 |
Henry Ford Health System Foundation Detroit, MI | $411,181,841 | $16,717,457 |
Midmichigan Health Foundation Midland, MI | $38,469,192 | $3,599,995 |
Jhsi Inc Cincinnati, OH | $218,143,713 | $11,934,726 |
Akron Childrens Hospital Foundation Akron, OH | $226,447,307 | $32,651,405 |
Bethesda Inc Cincinnati, OH | $187,938,288 | $2,121,549 |
Childrens Hospital Of Michigan Foundation Detroit, MI | $153,035,262 | $18,796,884 |