Mother Cabrini Health Foundation

Last updated
Mother Cabrini Health Foundation
Named after Mother Cabrini
Established2018;6 years ago (2018)
TypePrivate Nonprofit
Legal statusFoundation
PurposeProviding grants to improve health and quality of life for low-income and underserved communities in New York
Location
  • New York, United States
Region served
New York
Key people
Rev. Msgr. Gregory Mustaciuolo, CEO
Alfred F. Kelly, Chair [1]
Website cabrinihealth.org

Mother Cabrini Health Foundation is a private American charitable foundation that provides funding for healthcare and health-related initiatives in the U.S. state of New York, aimed at low-income and underserved communities. It is the largest health foundation focused only on New York.

Contents

History

The foundation was created in 2018 following the sale of Fidelis Care, [2] a private nonprofit health plan that was incorporated by New York State's Catholic bishops in 1993. [3] [1] The board of Fidelis sold the plan to Centene for $3.75 billion. [1] As part of the purchase agreement, the Mother Cabrini Health Foundation was created and funded with $3.2 billion from the sale. [1] [4]

The foundation awarded its first round of grants for year-end 2019 to benefit programs in 2020, totaling approximately $150 million. [5] [2] It provided grants to around 500 organizations and initiatives, [2] including Gates Vascular Institute and the John R. Oishei Children's Hospital. [6] In 2020, the foundation committed an additional $50 million of funding, specifically to support COVID-19 related programs that would help New Yorkers affected by the virus. [7] [8] For its year-end 2020 grants, the foundation provided $115 million to 400 recipients including the Brooklyn Hospital Center, Montefiore Medical Center, NYC Health + Hospitals, [5] [9] Canisius College, [10] and Hilbert College. [11] The organization awarded a total of $165 million in grants for 2020. [12] In May 2021, it announced an additional $20 million in funding for COVID-19 related programs. [13] As of February 2022, the foundation had awarded a total of $470 million in grants since it was established. Its year end 2021 grants provided $140 million for approximately 450 recipients. [14] The foundation was the largest private donor for 45% of the programs it funded in the 2021 grants, and around 50% of the grants were $250,000 or more. [15]

In 2022, the Foundation provided $2 million in funding for FoodMap NY, a project focused on long-term solutions for food insecurity, including support for farmers in New York state. [16] The organization also supported a study by New York healthcare associations into workforce issues in mid-2022, to help identify ways to address healthcare workforce issues. [17] [18] In January 2023, the Foundation announced that it had committed $165 million in grants to approximately 538 programs and organizations in New York, [19] focused on areas including mental health services, dental care, healthcare worker training and recruitment, [20] and long-term care for the elderly and disabled individuals. [21] In total, the foundation had provided $635 million in grants between 2019 and 2023. [22]

The Foundation awarded a total of $172 million to 514 grantees in its year-end 2023 grant giving. [23] Approximately half of the grants continued support for grantees from previous years. [24] From 2019 to 2024, the foundation had awarded 2,700 grants for a total of approximately $800 million. [24] The grants focused on programs aiming to improve health equity, [25] including programs for asylum seekers and other immigrants, individuals dealing with addiction or mental health needs, and children. [26]

Organization

The foundation is headquartered in New York City. [27] It was named for Mother Frances Xavier Cabrini, a Roman Catholic nun who founded the Missionary Sisters of the Sacred Heart of Jesus and was the first naturalized American citizen to be canonized a saint. She worked to help poor immigrants and children in New York. [2] [1]

The foundation is among the 25 wealthiest charitable foundations in the United States, based on its assets, and the largest to focus on New York State. [27] Grants from the foundation are provided to initiatives and organizations that support underserved and low-income communities in New York State and aim to improve healthcare and quality of life, specifically social determinants of health. [2] [28]

The former vicar general and chancellor of the Archdiocese of New York, Rev. Msgr. Gregory Mustaciuolo, is the organization's CEO. [29]

Former member of the New York State Assembly Marcos Crespo was appointed to the organization's board of directors in June 2022. [30]

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References

  1. 1 2 3 4 5 Robinson, David (May 8, 2018). "Catholic Bishops launch $3.2 billion Mother Cabrini Health Foundation to aid New Yorkers". Rockland/Westchester Journal News. Retrieved February 22, 2021.
  2. 1 2 3 4 5 Woods, John (March 11, 2020). "Initial Grants by Mother Cabrini Health Foundation Include Many Recipients in the Archdiocese". Catholic New York. Retrieved February 22, 2021.
  3. ↑ "Notable In Healthcare 2020: Monsignor Gregory Mustaciuolo Chief Executive Officer, Mother Cabrini Health Foundation". Crain's New York. 2021. Retrieved February 26, 2021.
  4. ↑ Prest, M. J. (March 10, 2020). "New Health Foundation Commits $150 Million in Inaugural Round of Giving". Chronicle of Philanthropy. Retrieved February 22, 2021.
  5. 1 2 Small, Eddie (February 24, 2021). "Northwell, Montefiore among recipients of Mother Cabrini grants". Crain's New York. Retrieved February 26, 2021.
  6. ↑ Drury, Tracey (March 3, 2020). "Cabrini Foundation awards millions in WNY, $150M across New York". Buffalo Business First. Retrieved February 22, 2021.
  7. ↑ Ochs, Alyssa (April 4, 2020). "At the Pandemic's Epicenter, Here is What Grantmakers Are Doing in the Tri-State Area". Inside Philanthropy . Retrieved February 22, 2021.
  8. ↑ Drury, Tracey (March 31, 2020). "Foundation commits $50M to New York organizations addressing coronavirus". Buffalo Business First. Retrieved February 22, 2021.
  9. ↑ Prest, M.J. (February 24, 2021). "Grants Roundup: Dallas Mavericks Basketball Team Awards Emergency Grants for Winter Storm Relief in Tex". The Chronicle of Philanthropy. Retrieved February 26, 2021.
  10. ↑ McNeil, Harold (March 17, 2021). "Canisius College awarded $767,500 grant for physician assistant program". Buffalo News. Retrieved April 15, 2021.
  11. ↑ "Hilbert awarded largest grant in its history to aid vulnerable students". Buffalo News. February 24, 2021. Retrieved April 15, 2021.
  12. ↑ "Mother Cabrini Health Foundation awards $115 million in grants". Philanthropy News Digest. February 28, 2021. Retrieved March 1, 2021.
  13. ↑ "Mother Cabrini Foundation awards $20 million in COVID-19 relief". Philanthropy News Digest. May 7, 2021. Retrieved May 14, 2021.
  14. ↑ "Mother Cabrini Health Foundation awards $140 million in grants". Philanthropy News Digest. January 24, 2022. Retrieved February 2, 2022.
  15. ↑ Klukkert, Vicky (January 21, 2022). "Five local health organizations receive grants". The Daily Star. Oneonta, N.Y. Retrieved February 2, 2022– via Yahoo! News.
  16. ↑ Matthiessen, Connie (June 9, 2022). "A New York Health Funder Looks to Small and Urban Farms as a Solution to Hunger". Inside Philanthropy. Retrieved August 23, 2022.
  17. ↑ Neber, Jacqueline (August 17, 2022). "Solutions to workforce challenges should focus on recruitment as well as retention, report finds". Crain's New York. Retrieved August 23, 2022.
  18. ↑ Genn, Adina (August 12, 2022). "Healthcare coalition address workforce shortages". Long Island Business News. Retrieved August 23, 2022.
  19. ↑ Prest, MJ (January 25, 2023). "Grants Roundup: PetSmart Charities Commits $100 Million to Expand Access to Veterinary Care". Philanthropy News Digest. Retrieved February 3, 2023.
  20. ↑ Harris, Jon (January 23, 2023). "Buffalo Next: Mother Cabrini grants go to Buffalo-area groups for mental health, workforce and dental care initiatives". The Buffalo News. Retrieved February 3, 2023.
  21. ↑ Kaufman, Maya (January 23, 2023). "New York Health Care Newsletter: The difficulties of reopening psych beds". Politico. Retrieved February 3, 2023.
  22. ↑ McNeil, Harold (January 23, 2023). "Mother Cabrini Foundation awards $14 million to Buffalo-area nonprofits to help close health care gaps". The Buffalo News. Retrieved February 3, 2023.
  23. ↑ Prest, MJ (January 18, 2024). "Grants Roundup: Mother Cabrini Health Foundation Gives $172 Million to Improve Community Health Across New York State". Philanthropy News Digest. Retrieved February 8, 2024.
  24. 1 2 Genn, Adina (January 22, 2024). "On LI, more than $12M awarded in grants to support underserved communities". Long Island Business News. Retrieved February 8, 2024.
  25. ↑ Drury, Tracey (January 17, 2024). "Cabrini Foundation awards $15.6M in WNY for health equity efforts". Buffalo Business First. Retrieved February 8, 2024.
  26. ↑ Harris, Jon (January 18, 2024). "Which WNY nonprofits landed Mother Cabrini Health Foundation grants?". The Buffalo News. Retrieved February 8, 2024.
  27. 1 2 Orr, Leanna (September 18, 2018). "New $3 Billion Foundation Needs a CIO — And, Eventually, Asset Managers". Institutional Investor. Retrieved February 22, 2021.
  28. ↑ "Catholic health foundation names team, preps for grant making". Crain's New York. April 17, 2019. Retrieved February 22, 2021.
  29. ↑ "The 2021 Health Power 100: 51-100". City & State . 2021. Retrieved February 22, 2021.
  30. ↑ "People in the News (06/26/2022): appointments, promotions, obituaries". Philanthropy News Digest. June 26, 2022. Retrieved August 23, 2022.
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