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The Wellmark Foundation
 
636 Grand, Station 150
P.O. Box 9232
Des Moines , IA   50306-9232   USA
 
Company Website:
http://www.wellmark.com/foundation
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Business Focus:
Healthcare Foundation / Educational Non-Profit
Company Description:
he Wellmark Foundation is a private, non-profit foundation created by Wellmark Blue Cross and Blue Shield of Iowa.

Vision

The Wellmark Foundation seeks to measurably improve the health of Iowans, South Dakotans, and their communities.

Mission

The mission of the Wellmark Foundation is to efficiently and effectively facilitate the continual improvement of health status within Iowa and South Dakota communities by providing financial and technical assistance.

Focus

The Foundation provides first-dollar funds or seed money, to non-profit organizations [501(c)(3)] or public/governmental entities to help local communities establish or expand projects that impact health status. Projects should demonstrate strong community support, evidence of ongoing financial support, and significant potential for replication.

History

In 1991, the IASD Health Services Corp. (now Wellmark, Inc.) Board of Directors appropriated $5 million for the establishment of a 501(c)(3) private foundation under 509(a) of the Internal Revenue Code. The endowment has subsequently grown through additional corpus investments and portfolio earnings.
 


Company Officials:
Matthew McGarvey
[Director]
 

Company News/Coverage:
Wellmark Foundation: Nonprofit organizations in Iowa received more than $1.8 million
Iowa nonprofit organizations received more than $1.8 million from The Wellmark Foundation
Wellmark Foundation Funds Four Health Improvement Projects In South Dakota
The Wellmark Foundation Funds 11 Health Improvement Projects in Iowa and South Dakota
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