At the start of 2021, the CareSource Foundation announced a new grantmaking strategy supporting innovative programs aimed at closing health care gaps and improving health outcomes. Through strategic giving, the foundation supports programs that improve health equity, health outcomes and health literacy in communities across the county.
As part of the strategy, the foundation is now announcing a new initiative, the CareSource Foundation Grant Challenge, to recognize organizations and programs that are making significant impacts on communities’ toughest health issues and serving those with special care needs.
“Over the last year, the CareSource Foundation has worked with our philanthropy partners and organizations across the nation to expand our reach to discover and partner on innovative approaches to reducing health disparities, improving health outcomes and moving the needle on health equity,” said the foundation’s CEO Dan McCabe, who also serves as CareSource’s chief administrative officer. “This grant challenge is a next step in that evolution, and we’re excited to have the opportunity to recognize the great work organizations are doing through this new initiative.”
The CareSource Foundation Grant Challenge is a state-specific competition where nonprofits aligned with an identified focus area are nominated for their work to support adults and/or children who live in that state. After the nomination period, communities will have the opportunity to vote for their favorite nonprofit. Organizations will be encouraged to rally their supporters for votes to increase their chances of winning.
Organizations with the highest number of votes in each state will win the grand award of $50,000. Second and third place winners will receive $25,000 and $20,000 awards, respectively, with all semi-finalists receiving up to $5,000. Every year, a total of approximately $500,000 will be awarded across select states through this initiative. The states will vary from year to year, as will the goals of the competition in each state, but collectively, all organizations play a role as we work together to improve the physical and mental health of all individuals and families.
Since 2006, the CareSource Foundation has awarded more than $21 million to nonprofits that are working to eliminate poverty, provide much-needed services to low-and moderate-income families and develop innovative approaches to address critical health issues.
More details about the new strategic framework that guides the foundation’s grantmaking can be found at CareSourceFoundation.com.