Health : Patient and Family Support

HealthWell Foundation

When health insurance is not enough

impact data icon

Impact Information is available from our partner, GuideStar

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 provides financial assistance to eligible individuals to cover coinsurance, copayments, health care premiums and deductibles for certain medications and therapies. If you've been prescribed a medication and your insurance company covers it, but you still cannot afford the coinsurance or copayment required, we may be able to help you by paying for part of your costs associated with the medication. Also, if you are eligible for health insurance, but cannot afford the insurance premium, we may be able to help with your insurance premium.

The HealthWell Foundation provides financial assistance to eligible individuals to cover coinsurance, copayments, health care premiums and deductibles for certain medications and therapies. If you've been prescribed a medication and your insurance company covers it, but you still cannot afford the coinsurance or copayment required, we may be able to help you by paying for part of your costs associated with the medication. Also, if you are eligible for health insurance, but cannot afford the insurance premium, we may be able to help with your insurance premium.

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 2017
Average grant amount
3,982
Number of patients assisted
88,979
Total dollar amount of grants awarded
353,429,000
This impact information is current as of July 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.
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

Charts

Compensation % of Expenses Paid to Title
$241,403 0.09% Krista Zodet President

Mission

The HealthWell Foundation provides financial assistance to eligible individuals to cover coinsurance, copayments, health care premiums and deductibles for certain medications and therapies. If you've been prescribed a medication and your insurance company covers it, but you still cannot afford the coinsurance or copayment required, we may be able to help you by paying for part of your costs associated with the medication. Also, if you are eligible for health insurance, but cannot afford the insurance premium, we may be able to help with your insurance premium.

Highly Rated

Charity Name & State Overall Score Overall Rating
HealthWell Foundation (MD) 97.17 four stars
Ryan House (AZ) 90.29 four stars
Ronald McDonald House Charities of Greater Chattanooga (TN) 90.34 four stars
Children's Organ Transplant Association (IN) 95.07 four stars
Ronald McDonald House Charities of Central Florida (FL) 91.33 four stars

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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