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EIN 36-4685801

Independence Blue Cross Foundation

IRS 501(c) type
501(c)(3)
Num. employees
0
City
Philadelphia
State
Pennsylvania
Year formed
2011
Most recent tax filings
2022-12-01
NTEE code, primary
T20: Private Foundations
Description
In October 2011, Independence Blue Cross (IBC) launched a charitable, private foundation — the Independence Blue Cross Foundation — with a mission to transform health care through innovation in the communities it serves. The IBC Foundation complements and expands upon IBC’s nearly 80-year commitment to improving the health and wellness of their neighbors in southeastern Pennsylvania. The IBC Foundation funds programs and initiatives that advance caring for their region’s most vulnerable, enhance health care delivery, and build healthy communities.
Total revenues
$1,000,827
2022
Total expenses
$12,873,110
2022
Total assets
$118,000,941
2022
Num. employees
0
2022

Grants made by Independence Blue Cross Foundation

GranteeGrant descriptionAmount
Social Impact FundHealth Equity - Research$1,000,000
Trustees of the University of Pennsylvania Retiree Medical and Death Benefits TrustAccess To Care - West Philadelphia Initiative$500,000
Public Health Managment CorporationAccess To Care - West Philadelphia Initiative$500,000
...and 149 more grants made totalling $11,383,752

Who funds Independence Blue Cross Foundation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
National Board of Medical Examiners (NBME)Contribution - See Part Iv$25,000
IBEW Local #98 Labor Management Cooperative CommitteeFinancial Support$7,500

Personnel at Independence Blue Cross Foundation

NameTitleCompensation
Heather MajorShe and Her Executive Director
David C. MooreHe and Him Director, Foundation Initiatives
Courtney StefanShe and Her Manager, Foundation Initiatives
Juan A LopezTreasurer$0

Financials for Independence Blue Cross Foundation

RevenuesFYE 12/2022
Total grants, contributions, etc.$187,474
Investment income and dividends$3,445,263
Net rental income$0
Net gain from sale of non-inventory assets$-2,734,910
Gross sales of inventory$0
Miscellaneous revenues$103,000
Total revenues$1,000,827

Form 990s for Independence Blue Cross Foundation

Fiscal year endingDate received by IRSFormPDF link
2022-122023-11-15990PFView PDF
2021-122022-11-15990PFView PDF
2020-122021-11-15990PFView PDF
2019-122021-05-10990PFView PDF
2018-122020-01-15990PFView PDF
...and 8 more Form 990s

Organizations like Independence Blue Cross Foundation

OrganizationLocationRevenue
The Greater Montana FoundationHelena, MT$444,764
Jerry C Dearing Family FoundationHouston, TX$3,420,679
Pleiad FoundationBirmingham, AL$1,946,568
Nashua Historical SocietyNashua, NH$294,947
Hazel Miller FoundationSeattle, WA$782,184
Driscoll FoundationSaint Paul, MN$1,405,271
Ridgeway PartnersBoston, MA$672,701
James B Chambers MemorialWheeling, WV$814,568
NLT FoundationCincinnati, OH$333,587
Hirschfeld Family FoundationKearney, NE$2,886,884
Data update history
January 7, 2024
Posted financials
Added Form 990PF for fiscal year 2022
December 29, 2023
Received grants
Identified 2 new grant, including a grant for $25,000 from National Board of Medical Examiners (NBME)
December 26, 2023
Used new vendors
Identified 1 new vendor, including
October 10, 2023
Updated personnel
Identified 5 new personnel
August 6, 2023
Posted financials
Added Form 990PF for fiscal year 2021
Nonprofit Types
Grantmaking organizationsPrivate foundationsPrivate non-operating foundationsCharities
Issues
No issues found
Characteristics
Provides grantsPartially liquidatedState / local levelTax deductible donationsNo full-time employeesAccepts online donations
General information
Address
1901 Market St
Philadelphia, PA 19103
Metro area
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD
County
Philadelphia County, PA
Website URL
ibxfoundation.org/about-us/meet-our-team.html 
Phone
(855) 422-3386
Twitter profile
@ibxfdn 
IRS details
EIN
36-4685801
Fiscal year end
December
Taxreturn type
Form 990-PF
Year formed
2011
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
T20: Private Foundations
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
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