EIN 26-1374263

Point32health Foundation

IRS 501(c) type
501(c)(3)
Num. employees
0
City
Year formed
2007
Most recent tax filings
2022-12-01
Description
Through their community investments, the Tufts Health Plan Foundation has given more than $18 million to Massachusetts and Rhode Island nonprofits that improve healthy living with an emphasis on older adults.
Also known as...
Tufts Health Plan Foundation
Total revenues
$-10,023,856
2022
Total expenses
$11,303,663
2022
Total assets
$108,794,480
2022
Num. employees
0
2022

Program areas at Point32health Foundation

Capacity-building grants capacity-building grants invest in nonprofit organizations and community-led solutions that address systemic inequities in Connecticut, Maine, Massachusetts, new hampshire and rhode island.
Systems & best practices grants the Foundation supports best practices and systemic changes to address food insecurity, advance mental health and eliminate barriers adversely affecting older people. Programs can expand, scale or replicate "best in class" collaborations and ideas that address the needs in these three areas. Community engagement and input should be prioritized.
Corporate citizenship (workplace giving/sponsorships) in 2022, the Point32health family of companies, participated in corporate citizenship activities. This included Foundation investments in community through grants and sponsorships, a match program that supports individual volunteering and/or financial contributions to qualified non-profit organizations up to $500 annually for each employee and up to $5,000 annually for members of Point32health and Foundation boards of directors. Donations made on #givingtuesday are matched two-for-one. Additionally, the Foundation matches up to $5,000 annually for employees at the director-level and above who serve on boards and offers employees up to the manager level an opportunity to driect a mini grant up to $300. A match incentive for team-based volunteering encourages service to community. Additionally, the Foundation offers special match programs to support organizations advancing racial and social justice, disaster response and relief efforts, and fundraising programs such as the walk to end alzheimer's and nami walks (to support the national alliance on mental illness). The corporate citizenship program supports a company-wide volunteer week, volunteer service opportunities throughout the year, and drives addressing key social and economic factors affecting health (the social determinants of health): food, housing and economic security, and education.

Grants made by Point32health Foundation

GranteeGrant descriptionAmount
The Boston Foundation (TBF)Racial Equity Fund Civic Leadership$706,850
University of Massachusetts FoundationAge-Friendly Lowell Ne Aging Reports$245,236
Alzheimer's AssociationCommty Partner Alz Walk/match$219,322
...and 161 more grants made totalling $8,414,053

Who funds Point32health Foundation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Harvard Pilgrim Health CareFund Operations$10,000,000

Personnel at Point32health Foundation

NameTitleCompensation
Cain A. HayesBoard Member$0
Umesh KurpadCF0 / Senior Vice President and Chief Financial Officer$0
Kristin LewisBoard Member$0
Lydia GreeneSenior Vice President , Chief Human Resources Officer / FNDN Director and Senior Vice President Chro$0
Ms. Moreno CargieVice President of Communications
...and 18 more key personnel

Financials for Point32health Foundation

RevenuesFYE 12/2022
Total grants, contributions, etc.$6,000,000
Program services$0
Investment income and dividends$-20,395,426
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$4,371,570
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$-10,023,856

Form 990s for Point32health Foundation

Fiscal year endingDate received by IRSFormPDF link
2021-122022-11-15990View PDF
2020-122021-11-13990View PDF
2019-122021-02-24990View PDF
2018-122020-01-16990View PDF
2017-122019-02-21990View PDF
...and 9 more Form 990s
Data update history
July 6, 2023
Updated personnel
Identified 4 new personnel
June 21, 2023
Posted financials
Added Form 990 for fiscal year 2020
June 18, 2023
Updated personnel
Identified 1 new personnel
May 22, 2023
Used new vendors
Identified 1 new vendor, including
May 21, 2023
Received grants
Identified 2 new grant, including a grant for $10,000,000 from Harvard Pilgrim Health Care
Nonprofit Types
Grantmaking organizationsPublic health orgsHealth organizationsCharities
Issues
Health
Characteristics
Provides grantsOperates internationallyState / local levelTax deductible donationsNo full-time employees
General information
Address
1 Wellness Way
Canton, MA 02021
Metro area
Boston-Cambridge-Newton, MA-NH
Website URL
point32healthfoundation.org/home 
Phone
(617) 972-9400
Facebook page
TuftsHealthPlanFoundation 
Twitter profile
@thpfoundation 
IRS details
EIN
26-1374263
Fiscal year end
December
Taxreturn type
Form 990
Year formed
2007
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
E80: Health, General and Financing
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
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