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Health : Patient and Family Support

HealthWell Foundation

When health insurance is not enough

four stars

97.17

P.O. Box 489 Buckeystown, MD 21717
tel: (800) 675-8416   Web Site
EIN: 20-0413676

Board Leadership
Stephen Weiner
Chair

CEO
Krista Zodet
President

  Score
(out of 100)
Rating
Overall Score & Rating 97.17 four stars
  Financial 100.00 four stars
  Accountability & Transparency 96.00 four stars
This rating was published 12/21/2018 and includes data from FY2017, the most recent 990 received at that time.

The HealthWell Foundation is a 501(c)(3) non-profit organization established in 2003 that is committed to addressing the needs of individuals with insurance who cannot afford their copayments, coinsurance, and premiums for important medical treatments. Our vision is to ensure that no patient goes without health care because they cannot afford it.The HealthWell Foundation provides financial assistance to people with inadequate insurance who are living with chronic or life-altering illnesses. To date, HealthWell has awarded assistance to over 405,000 patients in over 65 disease areas.

The HealthWell Foundation is a 501(c)(3) non-profit organization established in 2003 that is committed to addressing the needs of individuals with insurance who cannot afford their copayments, coinsurance, and premiums for important medical treatments. Our vision is to ensure that no patient goes without health care because they cannot afford it.The HealthWell Foundation provides financial assistance to people with inadequate insurance who are living with chronic or life-altering illnesses. To date, HealthWell has awarded assistance to over 405,000 patients in over 65 disease areas.

Impact Information

GuideStar is Charity Navigator's trusted partner in sharing information on how this organization seeks impact.  GuideStar has recognized this organization with a Platinum Seal of Transparency for voluntarily and publicly sharing information about how they measure their progress and results.  Learn More about Impact Information.
Reported Results
Total in 2018
Average grant amount
3,296
Number of patients assisted
117,632
Total dollar amount of grants awarded
512,316,000
This impact information is current as of October 2019, when it was provided to us by GuideStar. At this time, Impact information published on this organization's page has no effect on its rating per our methodology.

Financial

four stars

100.00

Accountability & Transparency

four stars

96.00

This rating was published 12/21/2018 and includes data from FY2017, the most recent 990 received at that time.
Overall Rating Chart
  Program Expenses
(Percent of the charity's total expenses spent on the programs
and services it delivers)
98.3%
  Administrative Expenses 1.2%
  Fundraising Expenses 0.3%
  Fundraising Efficiency < $0.01
  Working Capital Ratio (years) 1.65
  Program Expenses Growth 91.6%
  Liabilities to Assets 4.9%
All data for Financial Performance Metrics calculations was provided by HealthWell Foundation on recent 990s filed with the IRS.
All data for Financial Performance Metrics calculations was provided by HealthWell Foundation on recent 990s filed with the IRS.

Highly Rated

Charity Name & State Overall Score Overall Rating
HealthWell Foundation (MD) 97.17 four stars
Family Reach Foundation (NJ) 94.66 four stars
Ronald McDonald House Charities of Southern Arizona (AZ) 89.07 three stars
Diabetes Youth Families (CA) 88.04 three stars
Ronald McDonald House Charities of Eastern Wisconsin (WI) 99.13 four stars

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REVENUE  
Contributions  
   Contributions, Gifts & Grants $350,046,179
   Federated Campaigns $0
   Membership Dues $0
   Fundraising Events $0
   Related Organizations $0
   Government Grants $0
Total Contributions $350,046,179
   Program Service Revenue $0
Total Primary Revenue $350,046,179
   Other Revenue $3,870,987
TOTAL REVENUE $353,917,166
   
EXPENSES  
   Program Expenses $243,372,268
   Administrative Expenses $1,852,884
   Fundraising Expenses $579,726
TOTAL FUNCTIONAL EXPENSES $245,804,878
   
Payments to Affiliates $0
Excess (or Deficit) for the year $108,112,288
   
Net Assets $233,441,951

Program names and associated costs are listed for the top programs as reported on the charity's most recently filed Form 990. The top programs displayed will include the largest three programs, or those programs covering at least 60% of the charity's total expenses, whichever comes first.

Program Name Amount Spent % of Program Expenses
Multiple Myeloma $56,354,451 23.2%
Multiple Sclerosis $36,950,931 15.2%
Pulmonary Fibrosis $30,416,564 12.5%

Ratings History
HealthWell Foundation has received 4 consecutive 4-star ratings from Charity Navigator.

Form 990 FYE Date Published Overall Score Overall Rating
CN 2.1
2017-12 12/21/2018 97.17 four stars
2016-12 03/01/2018 96.66 four stars
2015-12 04/01/2017 97.17 four stars
2014-12 09/01/2016 92.38 four stars
 
CN 2.0
2014-12 11/01/2015 84.63 three stars
2013-12 10/01/2015 80.90 three stars
2013-12 08/01/2015 80.29 three stars
2013-12 04/01/2015 79.30 two stars
2012-12 04/01/2014 83.39 three stars
2011-12 02/01/2013 84.48 three stars
2010-12 09/01/2012 93.68 four stars

The data displayed on this tab is provided by the IRS in the form of Publication 78 and the Business Master File (BMF).

EIN 20-0413676
Name in IRS Master File HEALTHWELL FOUNDATION
NTEE Code E99
NTEE Classification Health - General and Rehabilitative N.E.C.
NTEE Type Health - General and Rehabilitative
Classification Charitable Organization
Subsection 501(c)(3)  (View the list of codes)
Activities
Foundation Status Organization which receives a substantial part of its support from a governmental unit or the general public   170(b)(1)(A)(vi)
Deductibility Contributions are deductible
Affiliation Independent - the organization is an independent organization or an independent auxiliary (i.e., not affiliated with a National, Regional, or Geographic grouping of organizations).
Group Name [Not Applicable]
Ruling Date June, 2005
Filing Requirement 990 (all other) or 990EZ return
Fiscal Year End December
IRS Forms 990
(provided courtesy of Foundation Center)
(Log In or Register Now to View Forms 990!)
  • December, 2017
  • December, 2016
  • December, 2015
  • December, 2014
  • December, 2013
Compensation % of Expenses Paid to Title
$241,403 0.09% Krista Zodet President

Highly Rated

Charity Name & State Overall Score Overall Rating
HealthWell Foundation (MD) 97.17 four stars
Ronald McDonald House of Southern New Jersey (NJ) 93.86 four stars
Ronald McDonald House Charities of Greater Washington, DC (DC) 92.68 four stars
National Organization for Rare Disorders (CT) 98.21 four stars
Patient Advocate Foundation (VA) 96.66 four stars

Compare These Charities (Highly Rated)

This charity has an official representative registered with Charity Navigator.

Charity Contact Info

HealthWell Foundation
P.O. Box 489
Buckeystown, MD 21717
tel: (800) 675-8416
fax: (800) 282-7692
EIN: 20-0413676

Visit Web Site

Board Leadership

Stephen Weiner
Chair

CEO

Krista Zodet
President

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