Grants for insurance companies

Name: Top 25 grants made to insurance providers
Creator: Cause IQ
License: https://creativecommons.org/licenses/by-nc-nd/4.0/

38 insurance providers received at least $51,667 in grants for the most recent fiscal year. This includes 32 grants made from 31 grantmaking organizations, with a median grant amount of $933. Of these 31 foundations, 96% made just a single grant to insurance companies, and 0% made grants to four or more insurance companies. This analysis is based on grantmakers that e-file their Form 990s, and likely is an undercount of grants.

$51,667

Total grant dollars given to insurance companies

Number of grants made annually to insurance companies

Number of grantmakers funding insurance companies

$933

Median grant size to insurance companies

Foundations that support insurance providers

Out of all grants made to insurance companies, 93% came from small foundations with less than $10 million in assets. The top 10 grantmakers accounted for 83% of the dollar-value of grants to insurance companies. Foundations funding insurance companies also made grants to scholarship organizations, multiservice human service organizations, colleges, food banks, and specialty hospitals.

Foundation size

Foundation size	Number of grantmakers
Small	29
Medium	1
Large	1

Small foundations have <$10M in assets. Medium foundations have $10M to $50M in assets. Large foundations have >$50M in assets.

Foundation type

Foundation type	Number of grantmakers
Community	1
Private	28
Corporate	1
Other	1

Grants made

Grants made to insurance companies	Number of grantmakers
1	30
2-3	1
4-10	0
11+	0

Top 10 foundations supporting insurance providers

Grantmaker	State	Geographic focus	Percent of grant dollars to insurance companies	Number of grants made to insurance companies	Median grant size
The Stephen B Hard Foundation	CO	National	10.2%	2	$1,500
Sambar Private Foundation	CA	State	6.1%	1	$5,000
The Geri and Lester Pollack Family Foundation	NY	Metro	2.6%	1	$5,000
Arizona Community Foundation	AZ	State	0.0%	1	$5,000
The Joe and Hellen Darion Foundation	NY	Metro	3.2%	1	$5,000
The Agape Foundation	CT	Metro	3.0%	1	$5,000
GV Sonny Montgomery Foundation	MS	State	3.0%	1	$5,000
Center for Orthopaedic Trauma Advancement	IL	National	0.6%	1	$5,000
Rich Eychaner Charitable Foundation	IA	Regional	2.3%	1	$3,000
Arkay Foundation	TX	Metro	1.7%	1	$2,000

See all grantmaking to insurance companies

Insurance providers grantees

Insurance companies with more than $5 million in total revenues received 5% of all grant dollars. These larger organizations accounted for 25% of all insurance companies.

Grant amounts

Size of grant	Number of grants
<$10k	32
$10k-$25k	0
$25k-$100k	0
$100k+	0

Grant amount by grantee size

Grantee annual revenue	Median grant size
<$100k	$1,000
$100k-$500k	n/a
$500k-$1M	$100
$1M-$5M	$3,750
>$5M	$650

Grantee states

State of grantee	Number of grants
California	9
New York	7
Pennsylvania	4
Texas	2
Other	10

Grantee metros

Metro area of grantee	Number of grants
Sacramento	7
New York City	5
Philadelphia	3
Reading	2
Other	14

Top 25 grants made to insurance companies

Grantee	Grant size	Purpose	Grantmaker
CRM Rental Management Benefit Trust	$5,000	Outreach	Sambar Private Foundation
Sunrise Officials Association	$5,000	Unrestricted	The Geri and Lester Pollack Family Foundation
The Friends of the Reading Hospital	$5,000	Program Support	Arizona Community Foundation
Sunrise Officials Association	$5,000	General Welfare	The Joe and Hellen Darion Foundation
Maine Education Association Staff Organi Retiree Health Insurance Premium Subsidy	$5,000	Scholarship	The Agape Foundation
National Guard Association of Mississippi Group in	$5,000	Commitment Contributionleadership Award	GV Sonny Montgomery Foundation
Cooper Health System Workers Comp Trust	$5,000	Fellowship	Center for Orthopaedic Trauma Advancement
Local Government Insurance Cooperative	$3,000	Educational Scholarship	Rich Eychaner Charitable Foundation
Missouri Private Sector Individual Self-Insurers Guaranty Corporation	$2,500	Unrestrictedunrestrictedunrestricted	The Stephen B Hard Foundation
Texas Parks and Wildlife Mutual Association	$2,000	Nature Conservation	Arkay Foundation
The Friends of the Reading Hospital	$1,000	To Help Support the Hospital and the Community	The Breidegam Family Foundation
Public Safety Insurance Fund	$1,000	501(c)(3) Exempt Purposes	B Stephen Schloss Foundation
National Guard Association of Mississippi Group in	$1,000	Research and Outreach	Ross Angel Foundation
Mount Sinai Health System Self Insurance Trust	$1,000	Non-Restricted	Greenblatt Family Charitable Trust
Newspaper Guild of New York- the New York Times Benefits Fund	$1,000	Support for Homeless People	Eagan Family Foundation
Sunrise Officials Association	$1,000	Social Improvement	The Greenman Family Charitable Foundation
Washington-Saratoga-Warren-Hamilton Essex Counties Boces Health Ins Con	$867	To Buy Toys at Walmart for Poor Families.	Faith Hope and Charity Foundation
Mount Sinai Health System Self Insurance Trust	$800	General Purpose Support	Morton H Meyerson Family Foundation
Mount Sinai Health System Self Insurance Trust	$500	General Support	The Stanley and Roberta Bogen Charitable Foundation
Sunrise Officials Association	$500	Charity	The Beer Family Foundation
Missouri Private Sector Individual Self-Insurers Guaranty Corporation	$500	Unrestricted	The Stephen B Hard Foundation
The Institutes (AICPCU)	$500	General Support	Norfolk and Dedham Foundation
Pan Pacific Law Enforcement Association	$350	Event	San Diego District Attorney Investigators Foundation
Mount Sinai Health System Self Insurance Trust	$300	Program Support	Sol and Margaret Berger Foundation
Sunrise Officials Association	$250	Medical	The Sloan Family Foundation

See all grants to insurance companies

Methodology: To determine grants and grantees, Cause IQ analyzes electronically-filed Form 990, Form 990-EZ, and Form 990-PF financial disclosure documents, matching grantees to specific organizations using EINs and fuzzy matching logic. The "Insurance companies" category for this page is determined by the "Y20: Insurance Providers, Services" National Taxonomy of Exempt Entities (NTEE) code. Cause IQ determines NTEEs for organizations by its own internally-developed secret-sauce algorithms.