Humana Foundation Offers 'Fewer, Bigger' Grants In 2018 Focusing On Social Impact Issues

New Orleans and Baton Rouge non-profits encouraged to apply

NEW ORLEANS – The Humana Foundation, an arm of major health insurance provider Humana Inc., announced that it will award “fewer, but larger” grants in 2018 focusing on social inequalities and for the first time identify partner organizations in communities.

Non-profits serving both New Orleans and Baton Rouge are encouraged to apply.

In 2017, The Humana Foundation awarded $525,000 in grants to New Orleans nonprofits including CATCH Global Foundation, YMCA of Greater New Orleans and Tulane University.

This year, the foundation announced it will laser focus on non-profits and programs that address social issues such as asset and financial security, food security and social connections that improve the health of communities.

The foundation has a goal to improve the health of its communities by 20 percent by 2020.

“To make a greater impact, we will address social determinants of health so that fewer people will develop chronic health conditions in the first place,” said Bruce Broussard, president and CEO of Humana, and chair of the Humana Foundation board of directors.

Walter Woods, chief executive officer of the Humana Foundation, added that the foundation is identifying partner organizations – at the national level and in the communities it serves – because joining forces with like-minded entities can result in “more impactful, broad-based and sustainable change.”

The grants will have a longer-term focus anticipating that the change the foundation seeks will likely take years to achieve in partnership with others.

New Orleans and Baton Rouge are two of communities that Humana has identified as a “Bold Goal” community for this effort. The other communities include San Antonio; Knoxville, Tenn.; Tampa Bay, Fla., Jacksonville, Fla. and Broward County, Fla.

Later this spring, the Humana Foundation will share information about the new criteria the foundation will have in place for 2018 grants. Organizations interested in partnering with the Humana Foundation for a 2018 grant will have an opportunity to submit a request for application. The Humana Foundation will then invite select organizations to submit a formal application. The 2018 grants will be announced in the second half of the year.

-By Jenny Peterson, Associate News Editor, Biz New Orleans

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