The Humana Foundation, philanthropic arm of Humana Inc. (NYSE: HUM) for the past 37 years, is investing nearly $7 million in 2018 in organizations that are focused on helping people who struggle with issues ranging from food security to social connectedness to financial independence. The contributions will go to nine organizations in seven Humana ‘Bold Goal’ communities across the U.S. These are communities where Humana is working to achieve a goal of helping people improve their health 20 percent by 2020.
The new Humana Foundation strategic investing program addresses health equity and social determinants of health through partnerships and collaborations with local organizations to create measurable results. Social determinants of health are the conditions under which people are born, grow, live, work and age that impact overall health and well-being. The Foundation recently completed a series of local announcements highlighting the new investments.
“The Humana Foundation’s new Strategic Community Investments will have a tangible impact on the health and well-being of communities across the U.S. by collaborating with local organizations across all sectors,” said Walter Woods, CEO of the Humana Foundation. “We look forward to celebrating the successes of our partner organizations as they report targets and milestones of their projects in the coming year.”
The new Humana Foundation investments include funds for capacity building and enhancing organizational learning around health equity. The investments include:
Louisville, Ky.: The Family Scholar House received a $560,000 grant for its HEROES program, expanding existing programs and reaching more individuals, families and senior citizens to assess and address barriers including social isolation, food insecurity and lack of post-secondary educational attainment. Metro United Way also received a $770,000 grant to expand its pilot financial literacy program, improving financial independence and providing families and residents experiencing economic distress with financial literacy coaching.
San Antonio: Older Adults Technology Services (OATS) received a $1.02 million grant to address social isolation via a Senior Planet San Antonio program, which reduces isolation and loneliness and increases social connections by engaging seniors through free access to internet-connected technology and training courses. The San Antonio Food Bank also received a $833,000 grant to impact food insecurity and social isolation by creating a Senior Wellness Intervention Model program, assisting seniors who screen positive for food insecurity with comprehensive services that stabilize their household and address prevalent health issues.
Baton Rouge, La.: Healthy BR received a $720,000 grant to fight food insecurity and social isolation via the Geaux Get Healthy project. Funded by grants from both the Humana Foundation and Blue Cross Blue Shield of Louisiana Foundation, the project will address food deserts by saturating areas with the highest rates of food insecurity and health disparities with numerous access points for purchasing fresh food at an affordable price.
Knoxville: Tenn.: InterFaith Health Clinic, in a collaborative partnership with Catapult 4D, received a $1.02 million grant to address social determinants of health and health equity barriers via the Truck2Table pilot program, which will improve the health and quality of life of uninsured and underserved people by providing affordable access to healthy food.
Tampa: Wholesome Wave received a $620,000 grant to fund Wholesome Communities Florida: Waking Up to Wellness, a cross-sector collaboration designed to transform affordable access to healthy food.
Jacksonville, Fla.: The University of Florida received a $820,000 grant to promote social connection and food security among minority, underserved and low-income seniors, as well as asset security and post-secondary success resources for their families.
Broward County, Fla.: AARP Foundation received a $540,000 grant to improve food security for older adults and their families via a program that will work with health clinics to screen older patients for food insecurity and diet-related disease and help people apply for Supplemental Nutritional Assistance Program (SNAP) benefits.
Each organization receiving a Humana Foundation Strategic Community Investment in 2018 will have an opportunity to receive continuing funding for one or two additional years based on the specific results they achieve during the first year of the respective programs.
“We’re excited about getting the new strategic investment program started, and even more excited to see how the organizations will put the contributions to such good use,” Woods added. “We’ll be in close contact with each organization over the year ahead as we plan for the second year of this program and determine where our investment dollars will make the greatest impacts in 2019 and beyond.
About the Humana Foundation
The Humana Foundation was established in 1981 as the philanthropic arm of Humana Inc., one of the nation’s leading health and well-being companies. Located in Louisville, Ky., the Foundation seeks to co-create communities where leadership, culture, and systems work to improve and sustain positive health outcomes. For more information, visit humanafoundation.org.
Humana and the Humana Foundation are dedicated to Corporate Social Responsibility. Our goal is to ensure that every business decision we make reflects our commitment to improving the health and well-being of our members, our employees, the communities we serve, and our planet.
Humana Inc. is committed to helping our millions of medical and specialty members achieve their best health. Our successful history in care delivery and health plan administration is helping us create a new kind of integrated care with the power to improve health and well-being and lower costs. Our efforts are leading to a better quality of life for people with Medicare, families, individuals, military service personnel, and communities at large.
To accomplish that, we support physicians and other health care professionals as they work to deliver the right care in the right place for their patients, our members. Our range of clinical capabilities, resources and tools – such as in-home care, behavioral health, pharmacy services, data analytics and wellness solutions – combine to produce a simplified experience with the goal of making health care easier to navigate and more effective.
More information regarding Humana is available to investors via the Investor Relations page of the company’s website at humana.com, including copies of:
• Annual reports to stockholders
• Securities and Exchange Commission filings
• Most recent investor conference presentations
• Quarterly earnings news releases and conference calls
• Calendar of events
• Corporate Governance information.