The Cardinal Health Foundation is the philanthropic arm of Cardinal Health, a major healthcare services and products company. Based in Dublin, Ohio, the Foundation distributes grants to healthcare organizations and community programs nationwide, with a particular concentration in Ohio. The Foundation operates as a 501(c)(3) private foundation established in 2000.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$61.8M
+14.1% YoY
Annual Giving
$6.0M
-5.0% YoY
Grant Count
210
-15.3% YoY
Avg Grant Size
$29K
+12.2% YoY
Under IRS private-foundation payout rules, Cardinal Health Foundation reported a distributable amount of $2.7M for 2025 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
The Foundation's strategic focus centers on three priority areas:
- Essential to Healthcare: Enhancing healthcare efficiency, quality, and cost-effectiveness
- Essential to Wellness: Promoting health literacy and active lifestyles
- Essential to Community: Supporting employee engagement and humanitarian relief
The Foundation also supports healthcare programs designed to improve efficiency, enhance quality, and enable cost-effectiveness, while increasing awareness of prescription drug abuse and building healthy communities.
Grantmaking
Grant Range
**: $1,000 - $500,000
Average Grant
**: Approximately $98 to $325,000 (varies by source)
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Geographic Focus
Where this funder awards grants
The Foundation has a national focus with approximately 50% of grants awarded in Ohio. The Foundation supports initiatives across numerous U.S. cities and states, including major metropolitan areas such as New York, Chicago, and Los Angeles, as well as smaller communities. Additional states with documented funding include South Carolina and Florida.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
As of 2024:
- Total Assets: $54.2 million
- Total Revenue: $15.2 million
- Total Expenses: $6.7 million
- Total Liabilities: $0
Grant Distribution (2024):
- Total grants awarded: $6.3 million across 232 grants
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $61,787,912 | $54,153,101 | $42,208,387 |
| Revenue | $9,390,857 | $15,228,599 | $4,413,336 |
| Expenses | $6,646,775 | $6,665,791 | $4,521,560 |
| Qualifying Distributions | $6,487,847 | $6,472,709 | $4,300,098 |
| Net Investment Income | $1,308,120 | $1,139,499 | $904,321 |
| Distributable Amount | $2,741,505 | $2,319,615 | $1,928,801 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2025
Grant Size Distribution
250 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2025 grants, the largest include Education Development Center ($111,000), Ncpa Foundation ($97,500), Children's Health Care ($50,000).
| Recipient | Purpose | Amount |
|---|---|---|
| EDUCATION DEVELOPMENT CENTER WALTHAM, MA | MENTAL HEALTH\ZERO SUICIDE PARTNERS | $111,000 |
| CHILDREN'S HEALTH CARE MINNEAPOLIX, MN | MENTAL HEALTH\ZERO SUICIDE COHORTS | $50,000 |
| LUCILE PACKARD FOUNDATION FOR CHILDREN'S HEALTH PALO ALTO, CA | MENTAL HEALTH\ZERO SUICIDE COHORTS | $50,000 |
| PENNSYLVANIA STATE UNIVERSITY COLLEGE OF MEDICINE HERSHEY, PA | MENTAL HEALTH\ZERO SUICIDE COHORTS | $50,000 |
| MEDICAL UNIVERSITY HOSPITAL AUTHORITY CHARLESTON, SC | MENTAL HEALTH\ZERO SUICIDE COHORTS | $50,000 |
| BAPTIST BEHAVIORAL HEALTH ATLANTA, GA | MENTAL HEALTH\ZERO SUICIDE COHORTS | $50,000 |
| INTERMOUNTAIN HEALTHCARE FOUNDATION SALT LAKE CITY, UT | MENTAL HEALTH\ZERO SUICIDE COHORTS | $50,000 |
| OREGON HEALTH & SCIENCE UNIVERSITY FOUNDATION PORTLAND, OR | MENTAL HEALTH\ZERO SUICIDE COHORTS | $50,000 |
| MARY BRIDGE CHILDRENS FOUNDATION TACOMA, WA | MENTAL HEALTH\ZERO SUICIDE COHORTS | $50,000 |
| MONROE CARELL JR CHILDREN'S HOSPITAL AT VANDERBILT NASHVILLE, TN | MENTAL HEALTH\ZERO SUICIDE COHORTS | $50,000 |
Leadership & Key People
Leadership team and compensation from IRS filings
- Jessica Mayer: Chair
- Steve Mason: Vice Chair
- Andrew Alderman: Secretary
Board members serve without compensation.
Compensation Overview
From 2025 IRS filing
From 2025 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| JESSICA MAYER | CHAIR | 1 | — |
| STEVE MASON | VICE CHAIR | 1 | — |
| JESSICA CANNON | PRESIDENT | 30 | $385,969 |
| AARON ALT | TREASURER | 1 | — |
| ANDREW ALDERMAN | SECRETARY | 1 | — |
| OLA SNOW | BOARD MEMBER | 1 | — |
| JERRY REVISH | BOARD MEMBER | 1 | — |
| MIKE PINTEK | BOARD MEMBER | 1 | — |
| MICHELE GREEN | BOARD MEMBER | 1 | — |
| REBECCA MCGRATH | BOARD MEMBER | 1 | — |
Recent News & Activity
Recent developments and announcements
In December 2024, the Cardinal Health Foundation was named Community Partner of the Year by the Charitable Healthcare Network in recognition of its exceptional commitment to advancing health equity and addressing medication access barriers.
Cardinal Health Foundation expands Equity Rx to increase access ...The Foundation expanded its Equity Rx program, bringing total investment to $5 million to increase access to prescription medications through partnerships with free and charitable clinics.
Cardinal Health Foundation expands Equity Rx to increase access ...Contact Information
Cardinal Health Foundation
7000 Cardinal Place
Dublin, OH 43017-1091
Phone: 614-757-5000
Email: communityrelations@cardinalhealth.com
Website: cardinalhealth.com/community
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What does Cardinal Health Foundation fund?
The Foundation's strategic focus centers on three priority areas: • **Essential to Healthcare**: Enhancing healthcare efficiency, quality, and cost-effectiveness • **Essential to Wellness**: Promoting health literacy and active lifestyles • **Essential to Community**: Supporting employee engagement and humanitarian relief The Foundation also supports healthcare programs designed to improve efficiency, enhance quality, and enable cost-effectiveness, while increasing awareness of prescription dru…
How do I apply for a grant from Cardinal Health Foundation?
• **Annual Giving (2024)**: $6.3 million across 232 grants • **Grant Range**: $1,000 - $500,000 • **Average Grant Size**: Approximately $98 to $325,000 (varies by source) • **Median Grant Size**: $3,500 **Equity Rx Program**: A partnership with the National Association of Free & Charitable Clinics (NAFC) providing grants to free and charitable clinics and pharmacies. The Foundation has committed $5 million to this program to expand medication access for underserved populations. **E3 Grant Progr…
Where does Cardinal Health Foundation make grants?
The Foundation has a national focus with approximately 50% of grants awarded in Ohio. The Foundation supports initiatives across numerous U.S. cities and states, including major metropolitan areas such as New York, Chicago, and Los Angeles, as well as smaller communities. Additional states with documented funding include South Carolina and Florida.
What size grants does Cardinal Health Foundation award?
In 2025, Cardinal Health Foundation awarded 210 grants totaling $6.0M — an average of about $29K per grant, based on its IRS Form 990 filings.
How much is Cardinal Health Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2025, Cardinal Health Foundation reported a distributable amount of $2.7M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Cardinal Health Foundation's EIN?
Cardinal Health Foundation's EIN (Employer Identification Number) is 31-1746458. IRS Form 990 filing data is available on this page for 2021–2025.
Explore Open Grants
Browse active grant opportunities in Cardinal Health Foundation's focus areas in our free grants database
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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