2025-11-10T15:31:27+00:00 2024-12-31 346565596 ERNST & YOUNG US LLP 155 N WACKER DRIVE CHICAGO IL 60606 990PF 2024-01-01 043148824 BLUE CROSS AND BLUE SHIELD OF MASSACHUSETTS FOUNDATION FOR EXPANDING HEALTH CARE ACCESS BLUE 6172465000 101 HUNTINGTON AVENUE SUITE 1300 BOSTON MA 021997611 RUBY KAM CFO 6172465000 2025-11-10 true Katherine Kurtzman P01236691 3128792000 2025-10-28 2024 2025-03-06 01:10:19Z X 107454283 X 887772 1461299 1461299 5876981 17678609 5876981 0 0 0 7565 0 0 8233617 7338280 0 0 0 0 0 0 0 0 0 1979703 244027 0 1735676 147632 0 0 0 0 0 0 201356 201356 1185 1185 1391021 0 0 1391021 3720897 244027 0 3329238 3905581 2720970 7626478 244027 0 6050208 607139 7094253 0 7295972 4772455 4772455 47293 64288 47293 47293 0 0 0 92561 177939 177939 0 0 0 0 0 0 0 0 8975 0 0 0 0 0 96544084 102456596 102456596 0 0 0 0 0 0 0 0 0 0 0 0 0 53987 0 0 104059867 107454283 107454283 171520 196166 1760411 1209611 0 0 0 0 606082 666675 2538013 2072452 X 101521854 105381831 101521854 105381831 104059867 107454283 101521854 607139 3277838 105406831 25000 105381831 GAIN ON SALE OF INVESTMENTS P 17678609 11801628 5876981 0 5876981 5876981 98610 0 98610 98610 91388 0 210000 301388 202778 202778 0 false false false false false false false true true true false false false false true BCBSMAFOUNDATION.ORG MICHAEL CARDER 6172465000 101 HUNTINGTON AVENUE SUITE 1300 BOSTON MA 021997611 false false false false true false false false false false false false false false false false false false false false false false ANDREW DREYFUS 101 HUNTINGTON AVENUE SUITE 1300 BOSTON MA 021997611 CHAIR 1.00 0 0 0 PATRICIA WASHINGTON 101 HUNTINGTON AVENUE SUITE 1300 BOSTON MA 021997611 VICE CHAIR 1.00 0 0 0 AUDREY SHELTO 101 HUNTINGTON AVENUE SUITE 1300 BOSTON MA 021997611 PRESIDENT & CEO 1.00 0 0 0 ANTHONY CRISCUOLO 101 HUNTINGTON AVENUE SUITE 1300 BOSTON MA 021997611 TREASURER 1.00 0 0 0 MARC FREIBERGER 101 HUNTINGTON AVENUE SUITE 1300 BOSTON MA 021997611 CLERK 1.00 0 0 0 ZAMAWA ARENAS 101 HUNTINGTON AVENUE SUITE 1300 BOSTON MA 021997611 BOARD OF DIRECTORS 1.00 0 0 0 ELI VASQUEZ 101 HUNTINGTON AVENUE SUITE 1300 BOSTON MA 021997611 ASSISTANT CLERK 1.00 0 0 0 CARLOS CAPPAS 101 HUNTINGTON AVENUE SUITE 1300 BOSTON MA 021997611 BOARD OF DIRECTORS 1.00 0 0 0 JD CHESLOFF 101 HUNTINGTON AVENUE SUITE 1300 BOSTON MA 021997611 BOARD OF DIRECTORS 1.00 0 0 0 DENISE DE LA NUECES 101 HUNTINGTON AVENUE SUITE 1300 BOSTON MA 021997611 BOARD OF DIRECTORS 1.00 0 0 0 SANDRO GALEA 101 HUNTINGTON AVENUE SUITE 1300 BOSTON MA 021997611 BOARD OF DIRECTORS 1.00 0 0 0 SHELLY GREENFIELD 101 HUNTINGTON AVENUE SUITE 1300 BOSTON MA 021997611 BOARD OF DIRECTORS 1.00 0 0 0 MICHAEL HUNTER 101 HUNTINGTON AVENUE SUITE 1300 BOSTON MA 021997611 BOARD OF DIRECTORS 1.00 0 0 0 THEA JAMES 101 HUNTINGTON AVENUE SUITE 1300 BOSTON MA 021997611 BOARD OF DIRECTORS 1.00 0 0 0 THOMAS H LEE 101 HUNTINGTON AVENUE SUITE 1300 BOSTON MA 021997611 BOARD OF DIRECTORS 1.00 0 0 0 MARY KAY LEONARD 101 HUNTINGTON AVENUE SUITE 1300 BOSTON MA 021997611 BOARD OF DIRECTORS 1.00 0 0 0 ANTONIA (TONI) MCGUIRE 101 HUNTINGTON AVENUE SUITE 1300 BOSTON MA 021997611 BOARD OF DIRECTORS 1.00 0 0 0 MICHAEL MILLER 101 HUNTINGTON AVENUE SUITE 1300 BOSTON MA 021997611 BOARD OF DIRECTORS 1.00 0 0 0 SANDHYA RAO 101 HUNTINGTON AVENUE SUITE 1300 BOSTON MA 021997611 BOARD OF DIRECTORS 1.00 0 0 0 0 BLUE CROSS BLUE SHIELD OF MASSACHUSSETTS INC 101 HUNTINGTON AVENUE SUITE 1300 BOSTON MA 02199 PURCHASED IN-KIND SERVICES 3326237 MANATT PHELPS & PHILLIPS LLP 7 TIMES SQUARE NEW YORK NY 10036 LEGAL AND CONSULTING 517870 CPHC INSTITUTE FOR COMMUNITY HEALTH 350 MAIN STREET 4TH FLOOR MALDEN MA 02148 PROFESSIONAL CONSULTING SERVICES 161234 TYE LAWRENCE S 139A FAYERWAEATHER STREET CAMBRIDGE MA 02138 CONSULTING 138149 BABSON EXECUTIVE CONFERENCE CENTER 1 SYNDER DRIVE BABSON PARK MA 02457 HEALTH COVERAGE FELLOWSHIP 117176 9 THE MISSION (PURPOSE) OF THE BLUE CROSS AND BLUE SHIELD OF MASSACHUSETTS FOUNDATION INC. IS TO EXPAND ACCESS TO HEALTH CARE THROUGH GRANTS & POLICY INITIATIVES, THE FOUNDATION WORKS WITH PUBLIC AND PRIVATE ORGANIZATIONS TO BROADEN HEALTHCARE THROUGH GRANTS AND POLICY INITIATIVES. THE FOUNDATION WILL FOCUS ON DEVELOPING SOLUTIONS THAT BENEFIT UNINSURED, VULNERABLE AND LOW INCOME INDIVIDUALS AND FAMILIES IN THE COMMONWEALTH. THROUGH CATALYST GRANTS, THE FOUNDATION IS A RESOURCE FOR MINI GRANTS OF UP TO $5,000 TO ORGANIZATIONS SERVING THE HEALTH NEEDS OF LOW INCOME AND UNINSURED RESIDENTS OF MA. 6042643 0 147244090 5165408 0 152409498 0 152409498 2286142 150123356 7506168 7506168 98610 98610 7407558 6750 7414308 7414308 6050208 0 0 6050208 7414308 0 2021 2020 0 2695308 2712596 1838046 2187293 328145 9761388 6050208 0 0 0 6050208 0 1364100 1364100 8397288 0 0 0 0 0 1331208 7066080 2712596 1838046 2187293 328145 0 AUDREY SHELTO 101 HUNTINGTON AVENUE SUITE 1300 BOSTON MA 021997611 6172465000 A TWO PAGE LETTER OF INQUIRY CAN BE SUBMITTED TO AUDREY SHELTO N/A N/A SEE ATTACHMENT 101 HUNTINGTON AVENUE SUITE 1300 BOSTON MA 02199 SEE STATEMENT 2720970 2720970 SEE STATEMENT 101 HUNTINGTON AVENUE 101 HUNTINGTO N AVENUE BOSTON MA 02199 SEE STATEMENT 1184611 1184611 14 1461299 18 5876981 RECOVERY OF BAD DEBT 1 4565 MISC CASH RECEIPTS 1 3000 0 7345845 0 7345845 false false false false false false false false false true BCBSMA HMO BLUE INC 501(c)(4) AFFILIATE HCAF 501(c)(3) INACTIVE AFFILIATE X X 1 ROBERT WOOD JOHNSON FOUNDATION 50 COLLEGE ROAD EAST PRINCETON NJ 085432316 59000 X 2 EMPLOYEES OF BCBSMA - FOUND CATALYST 101 HUNTINGTON AVENUE SUITE 1300 BOSTON MA 021997611 37773 X 3 BOWER FOUNDATION GRANT - HC FELLOWSHIP 578 HIGHLAND COLONY PARKWAY SUITE 1 20 RIDGELAND MS 39157 21000 X 4 ST DAVID'S FOUNDATION 1303 SAN ANTONIO STREET SUITE 600 SAN ANTONIO TX 78701 5250 X 5 EPISCOPAL HEALTH FOUNDATION 500 FANNIN ST SUITE 300 HOUSTON TX 77002 5250 X 6 METHODIST HEALTHCARE MINSITRIES OF TX 4507 MEDICAL DRIVE SAN ANTONIO TX 78229 5250 X 7 MAINE HEALTH ACCESS FOUNDATION 146 CAPITOL STREET AUGUSTA ME 04330 21000 X 8 NATIONAL INSTITUTE FOR HEALTH CARE MANAGEMENT 1225 19TH STREET NW STE 170 WASHINGTON DC 20036 22000 X 9 HENRY J KAISER FOUNDATION - HC FELLOWSHIP 185 BERRY STREET SUITE 2000 SAN FRANCISCO CA 94107 48500 X 10 THE CONGREGATIONAL COLLECTIVE AT THE HE 140 W SUNSET SAN ANTONIO TX 78209 5250 X 11 EMPLOYEES OF BLUE CROSS 101 HUNTINGTON AVENUE SUITE 1300 BOSTON MA 02199 500000 X 12 BCBSMA CATALYST MATCH 101 HUNTINGTON AVENUE SUITE 1300 BOSTON MA 02199 47499 X COMPENSATION Form 990-PF, Part VII, Line 1 THE OFFICERS AND DIRECTORS LISTED ARE NOT COMPENSATED BY BLUE CROSS AND BLUE SHIELD FOUNDATION INC. FOR EXPANDING HEALTHCARE ACCESS. PIMCO ALL ASSET FUND 3787118 3787118 PUTNAM TOTAL RETURN FUND 0 0 PIMCO TOTAL RETURN FUND 14130632 14130632 SSGA S&P 500 TOBACCO FREE FUND 28074940 28074940 LOOMIS SAYLES ASSET 10396609 10396609 SCHRODER EMERG MKT EQ FD-SDR 4410643 4410643 SEGALL BRYANT & HAMILL INTL SM 4559421 4559421 WILLIAM BLAIR EMERGING MARKET 3941568 3941568 HARDMAN INTL LP 6721945 6721945 BENTALLGREENOAK US CORE PLUS 6131209 6131209 BOSTON TRUST SMID CAP FUND 7858492 7858492 IR+M CREDIT FUND 6472629 6472629 SPRUCEGROVE U.S. 5971390 5971390 DEFERRED TAX RECEIVABLE 53987 0 0 RECTIFICATION OF ERROR IN BOOKS 25000 PURCHASED SERVICES - SALARIES 1105089 1105089 PURCHD SERVICES - EMPLOY BENS 195467 195467 PURCHD SERVICES - PAYROLL TAX 85451 85451 PURCHD SERVICES - CHARGEBACK 1200 1200 MISCELLANEOUS EXPENSES 3814 3814 RECOVERY OF BAD DEBT 4565 MISCELLANEOUS CASH RECEIPTS 3000 UNREALIZED GAIN OR LOSS ON INVESTMENTS 3271088 RETURN OF 2023 GRANT PAID 6750 DUE TO AFFILIATE BLUE CROSS AN 433903 439560 FEDERAL INCOME TAXES ON INVEST 162302 207770 SECURITY DEPOSITS PAYABLE 9877 11167 FEDERAL INCOME TAX LIABILITY 0 8178 EXTERNAL PROFESSIONAL FEES 1658715 0 1658715 INVESTMENT FEES 244027 244027 0 OTHER PROFESSIONAL FEES 76961 0 76961 TAX ON INVESTMENT INCOME 147632