POINT32HEALTH Foundation
POINT32HEALTH Foundation reported $19.3 million in revenue and $11.1 million in expenses for calendar year 2024. Of every $100 it spent, $97.05 went to program services, $2.95 to management and general costs and $0.00 to fundraising. Its largest source of revenue was investment income: 68.9% of the total. The highest compensation it reported for one person was $4,574,652 (DIRECTOR (END 9/24)). Revenue rose 144% between 2019 and 2024. Source: Form 990, 2024.
Where $100 of spending went
Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $11MFor context, the median across 5,634 covered health care charities: $86.19 programs, $13.81 management, $0.00 fundraising (medians computed separately, so they may not sum to $100).
Where $100 of revenue came from
Calendar year 2024 · Form 990, Part VIII · total revenue $19MThe 990 scorecard · same measures for every charity, no grades
| Measure | 2024 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 97.0% | 85.6% |
| Management & general Part IX 25(C) ÷ 25(A) | 3.0% | 13.7% |
| Fundraising Part IX 25(D) ÷ 25(A) | 0.0% | 0.0% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.00 | $0.00 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 31.1% | 1.3% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 0.0% | 0.1% |
| Program service revenue share Part VIII 2g ÷ 12 | 0.0% | 93.7% |
| Highest reported compensation Part VII-A, columns D–F | $4,574,652 | $975,831 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 41.30% | 1.34% |
| People paid over $100,000 Part VII, line 2 | 0 | 27 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 134.2 | 6.6 |
| Independent voting board members Part VI 1a–1b | 9 of 11 | 88.9% |
A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.
What the money paid for, in its own words
2024 · Form 990, Part III · the three largest programs by expenseEquity in aging grants: community-led efforts to eliminate barriers for older adults. Support organizations playing a leading role in local, regional and national efforts advancing community organizing, policy advocacy and system change initiatives focused on equity in aging. Lift up solutions led, endorsed and/or prioritized by community. Organizations are collaborative, have deep community relationships and authentically engage in collective action to make communities more supportive of older adults, especially those who have experienced other barriers
Corporate citizenship (workplace giving/sponsorships): in 2024, the point32health family of companies participated in corporate citizenship activities. This included foundation investments in community through event/program 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…
Community building and civic engagement: support of organizations that are led by and include diverse voices and perspectives from the communities they serve can enhance and facilitate change by developing capacity among community leaders, focusing on healing, and organizing community efforts
Highest reported compensation
2024 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| DIRECTOR (END 9/24) Director/trustee, officer, 5.0 hrs/week | $0 | $4,532,289 | $42,363 | $4,574,652 |
| FORMER TREASURER Former, 0.0 hrs/week | $0 | $1,299,914 | $15,069 | $1,314,983 |
| P32H CFO Key employee, 5.0 hrs/week | $0 | $1,041,266 | $162,232 | $1,203,498 |
| TREASURER Officer, 5.0 hrs/week | $0 | $1,024,863 | $112,221 | $1,137,084 |
| DIRECTOR Director/trustee, 5.0 hrs/week | $0 | $998,596 | $118,145 | $1,116,741 |
| FORMER OFFICER Former, 0.0 hrs/week | $0 | $1,087,771 | $21,702 | $1,109,473 |
| FORMER CLERK/SECRETARY Former, 0.0 hrs/week | $0 | $824,422 | $31,490 | $855,912 |
| FORMER CLERK/SECRETARY Former, 5.0 hrs/week | $0 | $696,820 | $93,265 | $790,085 |
0 people received more than $100,000 in reportable compensation from POINT32HEALTH Foundation (Part VII, line 2). Compensation of current officers, directors and key employees totaled $0 (Part IX, line 5).
6 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
2024 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means- Voting board members, and how many are independent Part VI, lines 1a–1b11 · 9 independent
- Audited financial statements Part XII 2bYes
- Conflict-of-interest policy Part VI 12aYes
- Whistleblower policy Part VI 13Yes
- Document retention policy Part VI 14Yes
- Independent process for top executive pay Part VI 15aYes
- Board given the 990 before filing Part VI 11aYes
- Family or business ties among insiders Part VI 2Yes
- Aware of a significant diversion of assets Part VI 5No
- Excess benefit transaction with an insider Part IV 25aNo
- Loans to or from insiders outstanding Part IV 26No
- Lobbying, or a 501(h) election in effect Part IV 4No
- Over $15,000 of professional fundraising services Part IV 18No
- Over $10,000 of activity outside the U.S. Part IV 14bYes
- Employees Part I, line 50
Correct a figure or respond
Every number above is copied from POINT32HEALTH Foundation's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for POINT32HEALTH Foundation, you can publish a response that is linked from this page.
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Of every $100 POINT32HEALTH Foundation spent in 2024, $97.05 went to programs. The full breakdown, from its IRS Form 990:
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Questions people ask
How much of POINT32HEALTH Foundation's spending goes to programs?
In calendar year 2024, POINT32HEALTH Foundation reported that 97.0% of its $11.1 million in expenses went to program services, 3.0% to management and general and 0.0% to fundraising (Form 990, Part IX).
How much does POINT32HEALTH Foundation pay its top executive?
The largest total compensation POINT32HEALTH Foundation reported for one person in calendar year 2024 was $4,574,652, for the role of DIRECTOR (END 9/24) (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does POINT32HEALTH Foundation get its money?
Of $19.3 million in revenue in calendar year 2024, 31.1% came from contributions and grants and 0.0% from program service revenue (Form 990, Part VIII).
Is POINT32HEALTH Foundation a registered charity?
The IRS lists EIN 26-1374263 as a 501(c)(3) organization (supporting organization (509(a)(3))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- 2024: Form 990 for calendar year 2024, object 202533219349318343 · read the filing · XML
- 2023: Form 990 for calendar year 2023, object 202433209349304688 · read the filing
- 2022: Form 990 for calendar year 2022, object 202313199349305061 · read the filing
- 2021: Form 990 for calendar year 2021, object 202223199349316547 · read the filing
- 2020: Form 990 for calendar year 2020, object 202133179349301303 · read the filing
- 2019: Form 990 for calendar year 2019, object 202043179349307134 · read the filing
All filings for EIN 26-1374263: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.