CVS FOUNDATION

Supporting OrganizationIRS data 2020–2024

WOONSOCKET, RIEIN 223206973 Website

Annual Giving

$21.4M+11% YoY

Grants

778

Median Grant

$2K

Organizations Funded

374

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Foundation Overview

Mission

CVS Health's purpose is "Bringing our heart to every moment of your health." The CVS Health Foundation provides strategic investments to nonprofit partners throughout the U.S. who help increase community-based access to health care for underserved populations, create innovative approaches to chronic disease management and provide tobacco cessation and youth prevention programming.

Focus Areas

cardiovascular healthrespiratory healthdiabetes prevention and managementtobacco controlmaternal and infant healthsuicide preventioncommunity health centersfree and charitable clinics

Grant Types

scholarshipsmatching giftsvolunteer challenge grantsdisaster relief/emergency grantsmulti-year grantsgeneral purpose/operating supportsmall grants

Funded Initiatives

2025: $4 million in grants over five years for Healthy Aging initiative to organizations in Atlanta, Chicago, New York, and Boynton Beach ($1 million each). 2024: $525,000 to Central California Food Bank's City Center Collaborative in Fresno; funding to Health Zone partners in Atlanta, Phoenix, and Fresno; nearly $2 million in Employee Relief Fund grants. Additional: $3.5 million over four years to American Lung Association; $2.9 million to National Association of Free & Charitable Clinics; $1 million to 49 Free and Charitable Clinics.

How to Apply

Applications processed through CVS Health Foundation Submission Manager online portal. Foundation focuses on community health access, health zones initiative, chronic disease management, social determinants of health, healthy aging, maternal health, and environmental health initiatives.

Does Not Fund

Health benefits and health insurance plans contain exclusions and limitations. CVS actively manages formularies with various exclusions including hyperinflation exclusions and new-to-market drug blocks in favor of lower-cost alternatives.

Based on publicly available information from the foundation's 990 filings and website.

Giving History

2024+11%

$21.4M

Grants

778

Median

$2K

States

2023+101%

$19.2M

Grants

1,205

Median

$3K

States

2022

$9.5M

Grants

1,133

Median

$3K

States

Grant Size Distribution

$2K

Typical Grant (Median)

$250

Smallest

$1K

25th Pctile

$3K

75th Pctile

$2.5M

Largest

Excludes grants ≤ $5K. Half fall between $1K and $3K.

Largest Recent Grants

$2.5M

2024

BOSTON FOUNDATION INC

MA · SMALL GRANT

$1.0M

2024

UNITED NEGRO COLLEGE FUND WASHINGTON DC

MA · LARGE MULTI-YEAR GRANT

$875K

2024

AMERICAN LUNG ASSOCIATION

IL · LARGE MULTI-YEAR GRANT

$800K

2024

MARCH OF DIMES ARLINGTON VA

VA · LARGE MULTI-YEAR GRANT

$700K

2024

VALLEYWISE HEALTH FOUNDATION

AZ · SMALL GRANT

Geographic Focus

$5.6M32 grants

$4.1M42 grants

$1.9M70 grants

$1.8M49 grants

$1.5M35 grants

Top states by total grant dollars. Based on IRS filing data.

Financial Overview

YearTotal AssetsGrants Paid

2024

$194.3M

$21.4M(11.0%)

2023

$197.2M

$19.2M(9.7%)

2022

$168.4M

$9.5M(5.7%)

2021

$203.1M

$10.5M(5.1%)

2020

$140.0M

$7.1M(5.0%)

Grants paid shown as percentage of total assets

Network Intelligence

Funding follows networks, not keywords

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Data sourced from IRS 990 and 990-PF filings and publicly available foundation websites. Grant data, financial figures, and organizational details reflect historical filings and may not represent current operations or funding priorities. Verify directly with the foundation before applying. See an issue? Let us know.