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Michael Reese Health Trust

Profile

Last Updated: 2016-02-10

At A Glance

Michael Reese Health Trust

(formerly Michael Reese Hospital Foundation)

150 N. Wacker Dr., Ste. 2320

Chicago, IL United States 60606-1608

Telephone: (312) 726-1008

URL: www.healthtrust.net

Type of Grantmaker

Independent foundation

Additional Descriptor

  • Health conversion foundation

Financial Data

(yr. ended 2014-06-30)

Assets: $148,205,327

Total giving: $5,392,372

EIN

362170910

BRIDGE Number

6068340204

Additional Contact Information

E-mail for Responsive Grant Program: jrosenkranz@healthtrust.net (Jennifer Rosenkranz)

Background

Established in 1995 in IL; converted from sale of Michael Reese Hospital to Humana (now Columbia/HCA)

Purpose and Activities

The trust is committed to improving the health of the Chicago area's most vulnerable residents: the poor, children and youth, people with disabilities, the elderly, immigrants and refugees, and the uninsured. Its grants and initiatives support the work of organizations serving these populations, as well as efforts to achieve lasting change in the region’s healthcare delivery system.

Program Area(s)

The grantmaker has identified the following area(s) of interest:

Proactive Grant Program

Through this program the foundation works with a wide range of public and private partners to develop more effective, integrated healthcare delivery models - systems geared to provide individuals with comprehensive, coordinated services. The program is staff-driven, and is often informed by the work of the Responsive Grant Program. Applications not accepted.

Responsive Grant Program

The program consists of the Responsive grant and Core grant. Responsive grants may be for program or general operating support. Most grants are for one-year however it is possible to request a multi-year grant. Responsive grants generally range from $25,000 - $50,000. Organizations that receive a one-year grant may apply for another one-year grant the following year. Organizations who wish to apply for a Responsive grant should submit a letter of inquiry as specified on the trust's web site. The trust awards a small number of Core grants. Core grants are larger, multi-year grants designed to strengthen both program quality and organizational capacity. Formally approved organizations may request up to $100,000 a year for each of the years for a total of $300,000. Core grants should focus on the following: quality of services; planning for and supporting staff, volunteers and activities fundamental to the organization's health-related mission; mission-related infrastructure needs; and/or sustainability of the agency and its health services. Use of evidence-based practices or using the Core grant to systematically learn about and implement evidence-based practices is encouraged. Participation in this program requires a willingness to share findings and lessons learned in order to assist other grantees. Because of the limited number of grants awarded, you must have prior approval from a trust staff member to submit a Core grant request. Once you have obtained staff approval, you will be invited to submit a letter of inquiry for a Core grant. Contact: Jennifer Rosenkranz. Tel.: (312) 726-1008, e-mail: jrosenkranz@healthtrust.net.

Fields of Interest

Subjects
  • Child welfare
  • Disabled persons' rights
  • Diseases and conditions
  • Education
  • Health
  • Judaism
  • Public health
Population Groups
  • Children and youth
  • Economically disadvantaged people
  • Immigrants
  • Low-income and poor people
  • Military personnel
  • People with disabilities
  • Refugees and displaced people
  • Seniors

Financial Data

Year ended 2014-06-30

Assets: $148,205,327 (market value)

Gifts received: $372,104

Expenditures: $7,691,989

Total giving: $5,392,372

Qualifying distributions: $6,322,280

Giving activities include:

$5,392,372 for 163 grants (high: $300,000; low: $500)

$203,167 for foundation-administered programs