Mother Cabrini Health Foundation
Mother Cabrini Health Foundation is a private American charitable foundation that provides funding for healthcare and health-related initiatives in New York State, 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, a private nonprofit health plan that was incorporated by New York State's Catholic bishops in 1993. The board of Fidelis sold the plan to Centene for $3.75 billion. As part of the purchase agreement, the Mother Cabrini Health Foundation was  created and funded with $3.2 billion from the sale. The foundation awarded its first round of grants for year-end 2019 to benefit programs in 2020, totaling approximately $150 million. It provided grants to around 500 organizations and initiatives, including Gates Vascular Institute and the John R. Oishei Children's Hospital. 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. 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, Canisius College, and Hilbert College. The organization awarded a total of $165 million in grants for 2020. In May 2021, it announced an additional $20 million in funding for COVID-19 related programs. 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. 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. 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. 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. 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. The former vicar general and chancellor of the Archdiocese of New York, Rev. Msgr. Gregory Mustaciuolo, is the organization's CEO.