BLUE CROSS AND BLUE SHIELD FOUNDATION ON HEALTH CARE

EIN: 237164980 501(c)(3) Philanthropy & Grantmaking

CHICAGO, IL

Total Revenue
$378,739
Total Expenses
$379,095
Total Assets
$102,810
Net Assets
$50,329
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1969
Legal Domicile
IL
Principal Officer
KIM KECK
Phone
3122976000
Tax Period
2023-01-01 to 2023-12-31

BLUE CROSS AND BLUE SHIELD FOUNDATION ON HEALTH CARE, founded in 1969, is a small nonprofit in the Philanthropy & Grantmaking sector that reported $379K in total revenue in fiscal year 2023. Revenue surged 631% from the prior year, signaling strong growth momentum.

Mission

THE ORGANIZATION'S TAX EXEMPT PURPOSE IS PROMOTED THROUGH CHARITABLE, EDUCATIONAL AND SCIENTIFIC PURPOSES. THE FOCUS OF THE ORGANIZATION IS ON ADDRESSING SOCIAL DETERMINANTS OF HEALTH, ENABLING HEALTHIER LIVING, AND IMPROVING HEALTHCARE QUALITY.

Program Service Accomplishments

Program 1
Expenses: $378,693

THE ORGANIZATION ADDRESSES SOCIAL DETERMINANTS OF HEALTH, ENABLING HEALTHIER LIVING, AND IMPROVING HEALTHCARE QUALITY BY MAKING GRANTS TO OTHER 501(C)(3) ORGANIZATIONS WHO ALSO SUPPORT THIS MISSION.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $378,739
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $378,739

Expense Breakdown

Grants Paid $378,693
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $378,693
Other Expenses $402
TOTAL EXPENSES $379,095

Year-over-Year Comparison

2023 2022 Change
Revenue $378,739 $51,822 +6.3%
Expenses $379,095 $52,185 +6.3%
Net Income $-356 $-363 0.0%
Key Indicators
✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
4
Independent Members
N/A
Employees
N/A
Volunteers
N/A

Governance Policies

✓ Conflict of Interest Policy
✓ Whistleblower Policy
✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
4
$10,496,147
Total Directors
4
$10,496,147
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KIM KECK PRESIDENT AND BOARD MEMBER 0.05
Officer Director
$0 $1,666,916 $6,041,415
JENNIFER VACHON VICE PRESIDENT AND BOARD MEMBER 0.05
Officer Director
$0 $296,343 $2,125,750
CHRISTINA FISHER TREASURER AND BOARD MEMBER 0.05
Officer Director
$0 $222,222 $1,137,899
W SCOTT NEHS SECRETARY AND BOARD MEMBER 0.05
Officer Director
$0 $185,080 $1,191,083
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2023 $378,739 $379,095 $102,810 $-356
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