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The Commonwealth Fund

New York, NY · EIN 131635260 · Form 990PF · FY2024 · NTEE T21 · Philanthropy & Grantmaking · Large ($10M-$50M)
revenue
$39.8M
expenses
$25.5M
net assets
$883.5M
employees
profile · synthesized from sources

The Commonwealth Fund is a private foundation based in New York that supports health policy research and initiatives aimed at improving healthcare access, affordability, and equity. The organization primarily funds external research institutions, academic programs, and public health surveys across the United States. It operates as a grantmaking entity with a national focus on health system performance and minority health policy.

named programs · 6 · from sources

What they call their work

Analysis of Policies Affecting Health Insurance Access
Georgetown University-led research examining affordability, adequacy, and equity in health insurance markets.
Harkness Fellowships in Health Care Policy and Practice
Supports a class of fellows conducting research in health care policy and practice, fostering leadership in health system improvement.
International Health Policy Survey
Conducted by SSRS, this survey assesses health system performance and public perspectives in multiple countries.
Modeling Policies to Expand Health Coverage
Urban Institute project modeling the impact of proposed policies on health coverage expansion and affordability.
Racial Equity in Healthcare Progress Report
Rush University Medical Center initiative to test and scale tools measuring racial equity in healthcare delivery.
The Commonwealth Fund Fellowship in Minority Health Policy
Based at Harvard University, this fellowship trains leaders to address disparities in minority health and advance health equity through policy.
activities · 2 groups

What they do

  • Healthcare Education Scholarships and Fellowships 2 activities
    • Funding the Commonwealth Fund Fellowship in Minority Health Policy
      Funds the Commonwealth Fund Fellowship in Minority Health Policy at Harvard University for the 2025-26 academic year to support leadership development and research focused on reducing health disparities.
    • Funding the Harkness Fellowships in Health Care Policy and Practice
      Funds the Harkness Fellowships in Health Care Policy and Practice, supporting the 2024-25 class to advance research and leadership in health care policy.
  • Uncategorized 7 activities
    • Funding Medicare policy impact evaluation at Johns Hopkins University
      Funds evaluation of proposed Medicare policy changes and their effects on solvency, spending, and beneficiaries at Johns Hopkins University.
    • Funding biennial health insurance surveys
      Funds the 2024 biennial health insurance survey through SSRS to assess trends and issues in health coverage and affordability in the United States.
    • Funding health insurance access and affordability research at Georgetown University
      Funds the 14th year of ongoing analysis at Georgetown University on policies affecting health insurance access, affordability, adequacy, and equity in the individual and small-group markets.
    • Funding health policy modeling and analysis at the Urban Institute
      Funds research at the Urban Institute to model policies affecting health coverage and affordability, and to analyze emerging health reform proposals and their potential impacts.
    • Funding international health policy surveys and research
      Funds the International Health Policy Survey and related research on health care affordability for adults aged 19 to 64 through SSRS, including the 2024 and 2025 cycles, to compare U.S. health system performance with other countries.
    • Funding technical assistance for state-level health affordability strategies
      Funds phase 2 of technical assistance through Bailit Health Purchasing LLC to support state-level strategies aimed at increasing affordability in commercial health markets.
    • Funding the Racial Equity in Healthcare Progress Report
      Funds phase 2 of the Racial Equity in Healthcare Progress Report at Rush University Medical Center, including testing, scaling, and dissemination efforts to advance racial equity in health care delivery.
financials · form 990PF · fy2024
revenue
Total revenue$39.84M
Contributions & grants$1.30M3%
Program service revenue
Investment income$5.11M13%
Other revenue$33.40M
expenses
Total expenses$25.46M
Program expenses
Admin / overhead
Fundraising
Salaries & benefits$1.71M
Grants paid out$31.31M
balance sheet
Total assets$922.68M
Cash
Investments
Liabilities
Net assets$883.48M
4 years on record · 2020–2024 · YoY revenue -2.1%
leadership · form 990 part vii · fy2024

Who runs it

paid leadership · 3
NameTitleHours/wkCompensation
Joseph Betancourt MD President 60 $921K
Kathleen Regan Executive Vice President and Chief Operating Officer 60 $627K
Melinda Abrams Executive Vice President for Programs 60 $555K
board members · 13
  • Alan Jones — Director
  • Carrie L Byington MD — Director
  • Jaewon Ryu MD — Director
  • Julian Harris MD — Director
  • Kathryn D Haslanger — Director
  • Laura Walker — Director
  • Lois Quam — Director
  • Margaret Hamburg MD — Chair
  • Maureen Bisognano — Director
  • Mitchell J Blutt MD — Director
  • Sheila P Burke — Vice Chair
  • Simon Stevens — Director
  • Vivian S Lee MD MBA — Director
relationships · 7

Who they work with

  • Bailit Health Purchasing LLC Partner — Funds technical assistance for state-level strategies to improve affordability in commercial health markets.
  • Georgetown University Partner — Funds long-term analysis of health insurance policies affecting access, affordability, adequacy, and equity.
  • Johns Hopkins University Partner — Funds evaluation of proposed Medicare policy changes and their impacts.
  • President and Fellows of Harvard College Partner — Funds the Commonwealth Fund Fellowship in Minority Health Policy at Harvard University.
  • Rush University Medical Center Partner — Funds phase 2 of the Racial Equity in Healthcare Progress Report initiative.
  • SSRS Partner — Funds multiple surveys including the International Health Policy Survey, Health Care Affordability Research, and the Biennial Health Insurance Survey.
  • Urban Institute Partner — Funds modeling and analysis of health coverage policies and emerging health reform proposals.