EIN 26-1374263

Point32health Foundation

IRS 501(c) type
501(c)(3)
Num. employees
0
City
Year formed
2007
Most recent tax filings
2023-12-01
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
$20,243,666
2023
Total expenses
$11,411,566
2023
Total assets
$117,686,597
2023
Num. employees
0
2023

Program areas at Point32health Foundation

General operating grants: general operating grants invest in nonprofit organizations and community-led solutions that address inequities in Connecticut, Maine, Massachusetts, new hampshire and rhode island.
Policy & advocacy grants: the Foundation supports policy and/or systems-level change to improve access to affordable, nutritious food and mental health services and to advance age-friendly solutions in communities. These activities are purposeful and intentional in elevating the voice of community, educating and informing decision-makers; and include key stakeholders and older people in policy and systems change.
Corporate citizenship (workplace giving/sponsorships): in 2023, the Point32health family of companies participated in corporate citizenship activities. This included Foundation investments in community through 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 direct a mini grant up to $300. All employees and board members are also eligible for an annual double match -- up to $1,000 - for donations made to organizations advancing racial and social justice. A match incentive for team-based volunteering encourages service to community. Additionally, the Foundation offers special match programs to support 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
University of Massachusetts FoundationEngage Cambodian Adult/impr Health$305,606
The Boston Foundation (TBF)Equality Fund; Racial Justice Fund$279,000
Alzheimer's AssociationCommty Partner; Alz Walk/match$241,935
...and 183 more grants made totalling $8,922,408

Who funds Point32health Foundation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Harvard Pilgrim Health CareFund Operations$6,000,000

Personnel at Point32health Foundation

NameTitleCompensation
R Scott WalkerP32H Chief Financial Officer$0
Roland PriceTreasurer$0
Alrie McNiff DanielsDirector , Communications and Stakeholder Engagement
Phillip GonzalezDirector , Community Investments / Director , Comm Investments / Director , Community Investment / Senior Program Officer$0
Regina DonovanGrants and Administrative Manager
...and 1 more key personnel

Financials for Point32health Foundation

RevenuesFYE 12/2023
Total grants, contributions, etc.$6,000,000
Program services$0
Investment income and dividends$12,078,036
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$2,165,630
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$20,243,666

Form 990s for Point32health Foundation

Fiscal year endingDate received by IRSFormPDF link
2023-122024-11-15990View PDF
2022-122023-11-15990View PDF
2021-122022-11-15990View PDF
2020-122021-11-13990View PDF
2019-122021-02-24990View PDF
...and 11 more Form 990s
Data update history
March 3, 2025
Posted financials
Added Form 990 for fiscal year 2023
February 23, 2025
Updated personnel
Identified 2 new personnel
January 15, 2025
Received grants
Identified 1 new grant, including a grant for $6,000,000 from Harvard Pilgrim Health Care
November 21, 2024
Updated personnel
Identified 5 new personnel
February 4, 2024
Updated personnel
Identified 2 new personnel
Nonprofit Types
Hospital foundationsGrantmaking organizationsCorporate foundationsHealth organizationsHeadquarter / parent organizationsCharities
Issues
Health
Characteristics
Funds one specific organizationPolitical advocacyProvides grantsOperates internationallyState / local levelTax deductible donationsNo full-time employeesAccepts online donations
General information
Address
1 Wellness Way
Canton, MA 02021
Metro area
Boston-Cambridge-Newton, MA-NH
County
Norfolk County, MA
Website URL
point32healthfoundation.org/ 
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
E11: Health Care Single Organization Support
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Central organization
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