Point32health Foundation Inc
Public records show a registered, tax-exempt organization in good standing.
What it says it does
SEE SCHEDULE O
- Income
- $19.3 million
- Spending
- $11.1 million
- Spent on programs
- 97%
- Reserves
- Over 10 years of spending
- Largest source of income
- investment income, 69%
- Employees
- 0
- Volunteers
- 0
- Highest pay
- $4.6 million, director (end 9/24)
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Strong: 95 out of 100. Higher than 90% of charities in its peer group (health care, $10m to $100m).
Reserves
35 of 35Spendable reserves would cover more than ten years of spending.
Debt
20 of 20It owes 1% of what it owns.
Living within its means
15 of 15Income exceeded spending by 43% of income.
Income trend
10 of 15Income fell 5% on the year before.
Spending floor
15 of 1597% of spending went to programs and raising each dollar of donations cost 0 cents.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Strong: 100 out of 100. Higher than 52% of charities in its peer group (health care, $10m to $100m).
Independent board
25 of 259 of 11 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
8 of 8Has a written whistleblower policy.
Record keeping policy
7 of 7Has a written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Pay set independently
5 of 5Sets its chief executive's pay through independent review and comparison.
Independent check of accounts
15 of 15Its accounts were audited by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (4)
- $4.8 million spent. EQUITY 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.
- $1.3 million spent. 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 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 OF $250, AFTER AN INITIAL EMPLOYEE DONATION OF $25, TO A NON-PROFIT OF THEIR CHOOSING. ALL EMPLOYEES AND BOARD MEMBERS ARE ALSO ELIGIBLE FOR AN ANNUAL DOUBLE MATCH -- UP TO $1,000 - FOR DONATIONS MADE TO ORGANIZATIONS ADVANCING COMMUNITY BUILDING AND CIVIC ENGAGEMENT. 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 ALZHEIMER'S ASSOCIATION AND NATIONAL ALLIANCE ON MENTAL ILLNESS, RESPECTIVELY). 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.
- $1.2 million spent. 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.
- DESCRIPTION OF ALL OTHER GRANT PROGRAMS TRANSITION GRANTS: ACCESS TO HEALTHY FOOD: IN 2024, THE FOUNDATION WAS IN THE FINAL YEAR OF A THREE-YEAR TRANSITION FROM ITS EXISTING WORK TO FOCUS ON EQUITY IN AGING, WHICH BEGINS IN EARNEST IN 2025. THESE FINAL, ONE-YEAR TRANSITION GRANTS RECOGNIZE EXISTING GRANTEES' LEADERSHIP IN ADVANCING ACCESS TO HEALTHY FOOD. WHILE THESE GRANTEES' WORK NO LONGER ALIGNS WITH THE FOUNDATION'S NEW EQUITY IN AGING FOCUS, THE GRANTS MADE IN 2024 ACKNOWLEDGE THEIR IMPORTANT WORK AND THAT FOUNDATION RESOURCES MAY NOT BE AVAILABLE FOR FUTURE SUPPORT. THIS ALSO ALIGNS WITH THE FOUNDATION'S TRUST-BASED APPROACH. TRANSITION GRANTS: MENTAL HEALTH SUPPORT: IN 2024, THE FOUNDATION WAS IN THE FINAL YEAR OF A THREE-YEAR TRANSITION FROM ITS EXISTING WORK TO FOCUS ON EQUITY IN AGING, WHICH BEGINS IN EARNEST IN 2025. THESE FINAL, ONE-YEAR TRANSITION GRANTS RECOGNIZE EXISTING GRANTEES' LEADERSHIP IN ADVANCING MENTAL HEALTH ACROSS THE LIFESPAN. WHILE THESE GRANTEES' WORK NO LONGER ALIGNS WITH THE FOUNDATION'S EQUITY IN AGING FOCUS, THE GRANTS ACKNOWLEDGE THEIR IMPORTANT WORK AND THAT FOUNDATION RESOURCES MAY NOT BE AVAILABLE FOR FUTURE SUPPORT. THIS ALSO ALIGNS WITH THE FOUNDATION'S TRUST-BASED APPROACH. COLLEAGUE RESOURCE GROUPS GRANTS: POINT32HEALTH COLLEAGUE RESOURCE GROUPS ("CRGS") ARE OPEN TO ALL COLLEAGUES. CRG MEMBERS HELP SHAPE AN INCLUSIVE WORK ENVIRONMENT, CREATE SPACE FOR DIALOGUE AND LEARNING ACROSS DIFFERENCES, SHARE BUSINESS INSIGHTS, AND PROVIDE DEVELOPMENT, NETWORKING AND MENTORING OPPORTUNITIES. Thirty-two PERCENT OF POINT32HEALTH COLLEAGUES ARE MEMBERS OF CRGS. EACH CRG (A TOTAL OF 9) IS ELIGIBLE TO SELECT AN ORGANIZATION THAT IS ALIGNED WITH ITS AFFINITY TO RECEIVE A $5,000 GRANT. A TOTAL OF $45,000 WAS ALLOCATED TO THESE GRANTS FOR 2024. ----------
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2024.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since March 2008.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.