We have a broad definition of health, believing there is much more to health than health care. It is influenced by many factors, including socioeconomic conditions, environment, education, income and individual behavior choices – factors that have come to be known as the Social Determinants of Health.
Earnings from our investment portfolio are the primary source of funds. Sierra Health Foundation’s endowment has a diversified portfolio, including real estate and the stock market.
Based on IRS regulations, we allocate a minimum of 5 percent of our net invested assets as direct grants, in-kind support and operating expenses. In 2015, this was approximately $10.5 million.
When planning a new grant program, we strive to build on our strengths and experience from 30 years of grantmaking. We look to our lessons learned from previous programs, and find out what communities in the region need.
No. We also fund public agencies, such as school districts and state, county and city government. We cannot fund 501(c)(3) nonprofits that are supporting organizations with an Internal Revenue Code of 509(a)(3). Get more information on supporting organizations.
When Sierra Health Foundation was created, there was a lack of independent philanthropies in the rural northeast section of the state.
Not at this time. Learn about The Center, which promotes efforts to eradicate health inequities across the state.