Cvs Foundation

EIN 223206973

Boston, MA 02111 |(401) 765-1500

https://CVSHEALTH.COM/SOCIAL-RESPONSIBILITY
Total Given 2020–2024
$93.1M
4,682 grants · $18.6M avg/year
based on 5 yrs of IRS 990-PF records on file
$10M+/yr
major funder
capacity
$2K
typical micro grants · $1K–$4K
grant size
26%
balanced · 763/2,933 multi-year
repeat
$194.3M
Assets (2024)
2,933
Distinct Recipients

Focus Areas

Education Health Youth Development

Application Information

Accepts Unsolicited Proposals Unknown
Contact Person JOANNE DWYER
Phone (401) 765-1500
Deadlines SEE STATEMENT
How to Apply THE FOUNDATION HAS THREE MAIN FOCUS AREA: INCREASING ACCESS TO HEALTH CARE FOR UNDERSERVED POPULATIONS; SMOKING CESSATION AND YOUTH TOBACCO PREVENTION; AND PRESCRIPTION DRUG ABUSE PREVENTION. THE FOUNDATION HAS INDIVIDUAL MEMORANDA OF UNDERSTANDING WITH ALL PARTNER ORGANIZATIONS. MANY OF THE PARTNER ORGANIZATIONS ARE NATIONAL IN SCOPE WITH LOCAL AFFILIATES. THE PARTNERS DEVELOP APPLICATIONS WHICH THEY SEND TO THEIR MEMBERSHIP (BASED ON GUIDELINES DEVELOPED WITH THE FOUNDATION). EACH OF THE NATIONAL ORGANIZATIONS REVIEWS ALL APPLICATIONS ELIGIBILITY. THE FOUNDATION ALSO HAS A SELECTION COMMITTEE MADE UP OF INDIVIDUALS FROM THE PARTNER ORGANIZATIONS AS WELL AS SUBJECT MATTER EXPERTS FROM ACROSS THE ENTERPRISE AT CVS. THE SELECTION COMMITTEE COMES TOGETHER FOR A DAY TO REVIEW AND DISCUSS ALL APPLICATIONS. ALL SELECTION COMMITTEE MEMBERS RECEIVE ALL APPLICATIONS AHEAD OF TIME AND ARE ASKED TO COME PREPARED WITH THEIR THOUGHTS. THE SELECTION COMMITTEE DISCUSSES AND VOTES.
Restrictions QUALIFYING ORGANIZATIONS ARE ELIGIBLE FOR GRANTS UP TO $1 MILLION. CVS FOUNDATION, PROVIDES THE FOLLOWING GRANTS: SCHOLARSHIPS GRANTS, PHARMACY GRANTS, VOLUNTEER CHALLENGE GRANTS, TRUST GRANTS, MULTI-YEAR GRANTS DISASTER RELIEF GRANTS, FREE CLINIC GRANTEE, COMMUNITY HEALTH CENTER GRANTEE.

Financial Trends

Giving Over Time

Total Assets Over Time

View financial data as table
YearTotal GivingTotal AssetsRevenueGrants
2020 $14.9M $140.0M $55.8M 898
2022 $14.8M $168.4M $8.7M 1180
2023 $35.4M $197.2M $34.0M 1547
2024 $28.0M $194.3M $15.9M 1057

Grant Size Distribution

Based on 4682 grants on record

Minimum
$14
25th Pctl
$1K
Median
$2K
Average
$20K
75th Pctl
$4K
Maximum
$4.0M

Geographic Distribution

Texas Counties Served

6.2% of US grants · Rank #5 of 52 states $6.0M across 288 grants 29 of 254 counties

Top 10 counties

  1. 1 Dallas 50 grants · $4.1M
  2. 2 Travis 31 grants · $1.2M
  3. 3 Harris 57 grants · $160K
  4. 4 Bexar 32 grants · $110K
  5. 5 Brazos 14 grants · $90K
  6. 6 Tarrant 13 grants · $63K
  7. 7 Denton 13 grants · $46K
  8. 8 Lubbock 7 grants · $28K
  9. 9 Hood 1 grant · $25K
  10. 10 El Paso 7 grants · $22K
+19 more counties · 63 grants · $145K

Officers & Directors

Grants Awarded (4,682 total)

Purpose
United Negro College Fund Washington, DC $4,000,000 MULTI YEAR GRANT 2020
American Lung Chicago, IL $3,500,000 LARGE FOUNDATION GRANT 2023
March of Dimes Arlington, VA $3,200,000 LARGE FOUNDATION GRANT 2023
Boston Foundation Inc Boston, MA $2,460,500 SMALL GRANT 2024
Valleywise (Phoenix) Phoenix, AZ $2,100,000 LARGE FOUNDATION GRANT 2023
Essentials Hospital Institute Washington, DC $2,000,000 MULTI YEAR GRANT 2020
Nafc Bennational Association of Free Alexandria, VA $1,430,000 LARGE FOUNDATION GRANTS 2022
Hispanic Health Council Hartford, CT $1,349,841 LARGE FOUNDATION GRANT 2024
Catch Austin, TX $1,050,000 MULTI YEAR GRANT 2020
American Lung Association Brookfield Wi Brookfield, WI $1,000,000 LARGE FOUNDATION GRANTS 2022
American Heart Assoc Dallas, TX $1,000,000 LARGE FOUNDATION GRANTS 2022
Direct Relief Santa Barbara, CA $1,000,000 GENERAL PURPOSE 2020
United Negro College Fund Washington, DC $1,000,000 GENERAL PURPOSE 2020
United Negro College Fund Boston Ma Boston, MA $1,000,000 SMALL GRANT 2023
Essential Hospitals Institute Washington, DC $1,000,000 SMALL GRANT 2023
United Negro College Fund Inc Boston, MA $1,000,000 SMALL GRANT 2023
Good Samaritan Health Centers(Atl) Atlanta, GA $1,000,000 LARGE FOUNDATION GRANT 2023
Women & Infants Providence, RI $1,000,000 LARGE FOUNDATION GRANT 2023
Mass General Hospital Boston, MA $1,000,000 LARGE FOUNDATION GRANT 2023
United Negro College Fund Washington Dc Boston, MA $1,000,000 LARGE MULTI-YEAR GRANT 2024
American Lung Association Chicago, IL $875,000 LARGE MULTI-YEAR GRANT 2024
March of Dimes Inc Atlanta, GA $800,000 LARGE GRANT 2023
Healthy Start Coalition Tampa, FL $800,000 LARGE FOUNDATION GRANT 2023
The Meadows Health Policy Inst of Tx Dallas, TX $800,000 LARGE FOUNDATION GRANT 2023
Rosecrance Foundation Rockford, IL $800,000 LARGE FOUNDATION GRANT 2023