Mother Cabrini Health Foundation Explained

Mother Cabrini Health Foundation
Named After:Mother Cabrini
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Type:Private Nonprofit
Vat Id:(for European organizations) -->
Status:Foundation
Purpose:Providing grants to improve health and quality of life for low-income and underserved communities in New York
Location City:New York
Location Country:United States
Region Served:New York
Key People:Rev. Msgr. Gregory Mustaciuolo, CEO
Alfred F. Kelly, Chair

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.

History

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

The foundation awarded its first round of grants for year-end 2019 to benefit programs in 2020, totaling approximately $150 million.[1] It provided grants to around 500 organizations and initiatives,[1] including Gates Vascular Institute and the John R. Oishei Children's Hospital.[5] 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.[6] [7] 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,[8] [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. 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. 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.[1] [3]

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.[1] [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]

Notes and References

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

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