JULY 2022

I am proud to report that we've invested $3 million in the community this year!
So far, 2022 has been a truly transformational year for the Health Foundation. On the heels of a pandemic that left the world reeling and that exposed maddening inequities, the Health Foundation emerged more committed to our mission — and downright energized to make a difference.

We channeled our passion and purpose into a year of firsts: our first Black Health Summit; an investment into a first-of-its kind online marketplace in South Florida to help connect local, minority-owned small businesses to opportunities at regional anchor institutions; and our first impact investment.

And while such new milestones have driven us, we continue making traditional grants to organizations doing extraordinary work in our community — $2 million worth, as a matter of fact. Such funding, we know, is critical to the groups and people working to make our community healthier for everyone who calls it home.

I hope you take the time to read the below update on our activities these last six months. And I hope you're as inspired by them as we are.
Just Out: Our 2021 Impact Report
More than 30 projects supported, and $3.9 million in board-approved investments into the South Florida community in 2021. Those are just two key data points from the Health Foundation's 2021 Impact Report Well-Being, Multiplied, which showcases our key partners last year and highlights their efforts to address COVID health disparities in vulnerable communities, increase health insurance coverage among the uninsured, integrate social and economic needs into clinical settings and foster the kind of economically thriving community that leads to better health for all. Check it out to learn more about our collective impact.
Inaugural Black Health Summit Convenes Leaders to Tackle Health Inequities
Nearly 175 health system, community, public and private sector leaders convened for the first Black Health Summit on June 16th, hosted at Florida Memorial University and organized by the Health Foundation. The day-long event's purpose was two-fold: discuss the current state of Black health in South Florida and identify health equity solutions for the region’s Black communities. In the coming weeks, the Health Foundation will share a recap report to highlight what action steps will be taken as a result of the summit. In the meantime, if you didn't get a chance to attend, you can watch the inspiring keynote address by Dr. Reed Tuckson, co-founder of the Washington DC-based Black Coalition Against COVID. Stay tuned for more!
Anchor Alliance Marketplace to Support Local & Minority-Owned Small Businesses
In June, the Health Foundation announced it will invest up to $1.2 million to launch an AI-powered tech platform designed to help increase contracting opportunities for local and minority-owned small businesses at regional anchor institutions. The initiative is part of the Foundation’s overarching goal of addressing and positively impacting the social and economic disparities that profoundly impact community health and well-being. In addition, 10 local public and private institutions—Miami-Dade County, Broward County and the City of Miami; Florida International University, Broward College and the University of Miami; Miami Dade Public Schools and Broward County Public Schools; UHealth and Broward Health—announced commitments to join the 
marketplace, which is an initiative of the South Florida Anchor Alliance.

$2 million in grants to South Florida organizations addressing health equity in underserved communities
We are honored to say that since the beginning of 2022 the Health Foundation has already invested nearly $2 million to support South Florida organizations working to eliminate health inequities in minority, low-income and underserved communities in our region. 

With $1 million of the funding, many of the grantees are working to increase people’s access to healthcare in a number of ways: by helping them get free or subsidized health insurance, connecting them to preventive care clinics and services, and providing free legal services when needed. Our grants are also helping the organizations themselves operate more efficiently and effectively so they can better serve the community.

An additional $1 million was invested into nursing and health science programs at the region's community colleges. The Health Foundation grants will help the colleges target, attract, retain and prepare students from underserved communities for well-paying, steady jobs in the nursing field, which has seen historic shortages in the wake of the COVID-19 pandemic. The efforts align with the Foundation's strategic focus on improving the social and economic conditions that are essential for good health.
As with all of our investments, we intentionally bring together partners whose work is systemic. In all cases, they are firmly planted at the frontlines of making our community healthier and stronger. Our 2022 grantees are...

Broward College

Coast to Coast Legal Aid of South Florida

Epilepsy Alliance Florida

Florida Health Justice Project

Fort Lauderdale Independence, Training & Education Center

Miami-Dade College

South Florida Anchor Alliance

Thriving Minds South Florida

We'll be announcing more 2022 grants and investments in the coming months.
Our First Impact Investment:
Health Foundation invests $1 million in Florida Community Loan Fund
In response to the ongoing housing affordability crisis in South Florida, the Health Foundation recently made its first ever impact investment: $1 million in the Florida Community Loan Fund, whose mission is to improve low-income communities throughout Florida by delivering flexible financing to nonprofit and mission-based for-profit organizations developing affordable housing, supportive housing, community facilities, and economic development projects.

Our impact investments are different than our traditional philanthropic grants in that they can take the form of loans, equity positions or program-related investments (PRIs) that are intended to generate measurable social and environmental impact as well as a financial return. A new funding approach for the Health Foundation, impact investing enables us to drive more financial resources towards advancing our mission.
Health Foundation Board Welcomes Two New Board Members
We are excited to welcome two new board members who will help us continue to advance our mission of improving health across underserved South Florida communities.

Caraline Coats is the Regional Market President in South Florida for Humana. Prior to this role, she served as Vice President of Humana’s Venture Investing, Provider Alliances, where she led the strategy and execution of Humana’s value based primary care provider alliance relationships. Previously, Coats was Humana’s Vice President of Bold Goal and Population Health Strategy, leading the organization's mission to help improve the health of the communities it serves by making it easier for people to achieve their best health. She also served as Humana Foundation’s interim CEO in 2021 and has been with the company for almost fifteen years. Coats also volunteers with Gilda’s Club and A Prom to Remember, is an active board member with The Humana Foundation, BMA, Wider Circle and serves as a member of the Alzheimer’s Association Advisory Council.

Michael Gold is the Managing Director and Senior Vice President of Investments at Raymond James in Coral Gables. As a partner, portfolio manager and Accredited Asset Management Specialist, Gold works developing and executing the overarching portfolio management theses as well as company-specific investment ideas. He has served on Raymond James’ Chairman’s Council and was recently named to the Raymond James Executive Council. Gold was named Best-in-State Wealth Advisor 2019-2022, and Next Gen Best-in-State Wealth Advisors 2019 by Forbes. Gold is committed to effecting positive change in the local community. He currently serves as trustee at HistoryMiami Museum, on the United Way Young Leaders executive committee, as a trustee of the Coral Gables Pension Advisory Board, a $360 million fund; and as a trustee of The 200 Club of Miami. He is also a former board member, past vice president and treasurer of JCI Coconut Grove.

Care Resource is a nonprofit organization and a Federally Qualified Health Center (FQHC) with four locations — in Midtown Miami, Little Havana, Miami Beach, and Fort Lauderdale. They provide compassionate, competent, and committed healthcare and support services to address the full health care needs of pediatric, adolescent and adult populations.

In 2021, the Health Foundation provided Care Resource with grant support for its Midtown Miami renovation and expansion project. The funds went towards purchasing new medical equipment and exam room supplies and helped them to open a total of 16 additional medical suites.

We salute our partners at Care Resource Center for their ongoing commitment to the South Florida community.
Well-being, multiplied.
The Health Foundation of South Florida is a change agent, improving the well-being for all residents of South Florida, especially those most in need, through funding, expertise and advocacy.
Health Foundation of South Florida | hfsf.org