Overview
What is Unitedhealthcare Children's Foundation?
Unitedhealthcare Children's Foundation is a nonprofit organization dedicated to supporting families with children aged 16 years and younger who have commercial health insurance. Based in Minneapolis, Minnesota, the foundation offers grants to help bridge the gap between the covered expenses by insurance and the family's share of these costs. The grants, valued up to $5,000 annually and $10,000 lifetime, can be used for medical co-pays, deductibles, durable medical equipment, prescriptions, and other non-covered expenses. The foundation aims to enhance the child's clinical condition or quality of life by funding health services not fully covered by commercial health benefits, such as therapy sessions, mobility equipment, or specialized medications. The grants are open for a minimum of 12 months and are approved by regional committees. The foundation's mission is to improve the lives of children with commercial health insurance in regions where Unitedhealthcare operates across the United States.
Official website here: www.uhccf.org
What are the reviews and ratings of this charity?
**Rating**: 95% - Four-Star out of Four Star Rating from Charity Navigator.
The UnitedHealthcare Children's Foundation has achieved an impressive Four-Star rating, indicating a strong focus on accountability and financial health, evidenced by their perfect score in financial metrics. The organization demonstrates robust governance practices with a fully independent board and no reported conflicts of interest or material diversion of assets. Their program expense ratio of over 81% reflects a commitment to efficiently utilizing resources for their mission.
While the rating highlights strengths in fiscal responsibility and governance, it is important to note that the organization has not yet received scores for impact measurement, culture, or community engagement. This absence could suggest potential areas for growth in demonstrating the tangible impacts of their initiatives and community contributions.
User reviews from GreatNonprofits are currently not available, which limits insights into the firsthand experiences of beneficiaries and stakeholders. Overall, the information available suggests a well-managed organization with a commitment to financial integrity, but further feedback could provide a fuller picture of its effectiveness and community presence.
This AI summary has been generated from information found on Charity Navigator.
Is Unitedhealthcare Children's Foundation legitimate?
Unitedhealthcare Children's Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Unitedhealthcare Children's Foundation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
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Official website here: www.uhccf.org
What is the mission statement of Unitedhealthcare Children's Foundation?
The Unitedhealthcare Children's Foundation is dedicated to improving the lives of children aged 16 and younger who have commercial health insurance. Its mission is to facilitate access to health services that significantly enhance the clinical condition or overall quality of life of these children. However, these services or items may not be fully covered by the available commercial health insurance. The foundation strives to help in paying for these necessary services, thereby contributing to the improved well-being of these children.
Official website here: www.uhccf.org
Who is the CEO of Unitedhealthcare Children's Foundation?
Matthew W Peterson is the Principal Officer of Unitedhealthcare Children's Foundation.
Official website here: www.uhccf.org
What is the revenue of Unitedhealthcare Children's Foundation?
Unitedhealthcare Children's Foundation's revenue in 2022 was $7,291,382.
Official website here: www.uhccf.org
Who are the executives of Unitedhealthcare Children's Foundation and what are their salaries?
There 500 volunteers at Unitedhealthcare Children's Foundation.
Here are 10 key members and their salaries:
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Official website here: www.uhccf.org
Where can I find the form 990 for Unitedhealthcare Children's Foundation?
Unitedhealthcare Children's Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.uhccf.org
Learn more at the official website: www.uhccf.org
Mission Statement of Unitedhealthcare Children's Foundation
The Unitedhealthcare Children's Foundation is dedicated to enhancing the quality of life for children aged 16 and under who possess commercial health insurance. This nonprofit organization operates in regions where UnitedHealthcare conducts its business across the United States. The mission of Unitedhealthcare Children's Foundation is to facilitate access to health services that significantly improve the clinical condition or overall quality of life of these children. However, these services or items might not be fully covered by the available commercial health insurance. The foundation endeavors to help pay for such services or items, thereby ensuring that these children can lead healthier and more fulfilling lives.
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Impact
July, 2024
Unitedhealthcare Children's Foundation's impact is significant in facilitating access to health services that enhance the clinical condition or quality of life of children 16 years and younger. In 2022, the foundation awarded 3,158 grants valued at $5,716,893. These grants, limited to $5,000 annually and $10,000 lifetime, help families bridge the gap between what their commercial health insurance covers and the costs they need to bear. The foundation directly pays for goods and services related to the child's medical condition, including medical co-pays, deductibles, durable medical equipment, prescriptions, and other non-plan covered expenses. By providing this support, the foundation is making a tangible difference in the lives of children across the United States.
This information is meant to be a general summary of Unitedhealthcare Children's Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $207,907
- Gross Receipts: $8,738,511
Assets and Liabilities:
- Total Assets: $14,126,976
- Total Liabilities: $3,424,079
- Net Assets: $10,702,897
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Organization Details
Founding Year
1999
Phone
(855) 698-4223Principal Officer
Matthew W Peterson
Main Address
MN017-W400 9700 HEALTHCARE LANE, MINNEAPOLIS, MN, 55343
Website
www.uhccf.orgNTEE Category
Code: P60 - Human services
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