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Point32health Foundation INC

Public charity
DBA: % MARK PORTER TREASURER
Other · CANTON, MA · EIN 26-1374263

About

Detail regarding the organization's mission to provide community benefits above and beyond its regular lines of business, tufts associated health maintenance organization, INC. (tahmo) established the point32health foundation, INC., a 501(c)(3) charitable and supporting organization of tahmo. The foundation leverages the plan's greatest asset-its people-in a more deliberate way on behalf of community. Its mission and purpose is aligned with that of tahmo's parent, point32health, INC.: to guide and empower healthier lives for everyone - no matter their AGE, health, race, identity, or income. The foundation achieves this mission primarily through community investments, community engagement at key stakeholder "tablesconvening activities focused on healthy living with an emphasis on older people, increasing access to affordable, nutrious food, and advancing mental health, particularly in under-resourced communities. Community informs our work. Point32health foundation collaborates with community leaders, older people, civic organizations, government agencies and nonprofits to support community solutions. The foundation emphasizes equity, inclusion and collaboration across sectors. The foundation is an advocate to advance policies and BEST practices shaped by those most affected by the issues; a catalyst accelerating changes that improve access and services; and a convener creating opportunities and space for organizations/leaders to work together. When contemplating funding in communities, the foundation considers the facets that contribute to a thriving community including but not limited to access to affordale, nutrtious food, housing, transportation, social participation, outdoor spaces and buildings, respect and social inclusion, civic participation and employment, communications, and information. This approach recognizes the wide range of resources that CAN be leveraged in community to address food insecurity, promote mental health and advance solutions to issues facing older people, as informed by older people themselves. The foundation responds flexibly to community needs and preferences, and follows community's lead. Health aging efforts respect older people's decisions and lifestyle choices, and promotes older people's inclusion in and contribution to ALL areas of community life. As it relates to access to affordable, nutritious food, the foundation considers what it takes to build capacity and systems to address the unique needs in communities most discrimiated against and honors community work already in service to community. The foundation strategically encourages more collaboration for broader impact and supports organizations sharing BEST practices that lead to improved community outcomes in aging, food access and mental health. In 2022, the foundation made 139 grants totaling nearly $8 million to nonprofit organizations working in these areas and to advance racial justice, equity and especially to support nonprofit organizations working in community to address the covid-19 pandemic. ----------

In care of MARK Porter Treasurer

Donations are tax-deductible
Category
Other
Employees
0
Volunteers
0

Financial Snapshot

FY ending 2022-12-31
Revenue
-$10.0M
Expenses
$11.3M
Assets
$108.8M
Liabilities
$2.0M

Financial history

$12.0M$6.0M$0
16171819202122
RevenueExpenses
Latest FY2022: -$10.0M · Peak FY2017: $12.0M · Avg: $4.0M

Foreign activity (Schedule F)

Total spent abroad$5.5M
Foreign employees0
Foreign offices0
Foreign partnership interestNo
Foreign trust interestNo
RegionActivitySpent
Central America and the Caribbean

Political & Grant Activity

Campaign Spending
Lobbying
Grants Given
$6.0M
POINT32HEALTH FOUNDATION INC
Your actions

Address

1 Wellness Way
Canton, MA, 02021-116

Governance

Voting board members12
Independent members1
Conflict-of-interest policyYes
Whistleblower policyYes
Doc-retention policyYes
Audit committeeYes
990 reviewed by boardYes

Compensation practices

Severance paymentsNo
Equity-based compNo
Supplemental retirement planYes
Initial contract exceptionNo
Public records
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