Cardinal Health Foundation

DUBLIN, OH EIN: 31-1746458

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.

Research compiled by Grantable AI from public sources. Last updated April 2026.

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

38states
+31 more states

Cities

AdaAkronAlbuquerqueAlexandriaAmesburyAnn ArborAshland CityAthensAtlantaAugustaAuroraAustinBala CynwydBaltimoreBellflowerBereaBethesdaBostonBradleyBremen

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
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$4M$8M$13M$17M20212022202320242025
Metric202520242023
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

$0$2M$3M$5M$6M205 grants2021230 grants2022214 grants2023248 grants2024210 grants2025

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2025

EDUCATION DEVELOPMENT CE…$111KNCPA FOUNDATION$98KCHILDREN'S HEALTH CARE$50KLUCILE PACKARD FOUNDATIO…$50KPENNSYLVANIA STATE UNIVE…$50KMEDICAL UNIVERSITY HOSPI…$50KBAPTIST BEHAVIORAL HEALTH$50KINTERMOUNTAIN HEALTHCARE…$50KOREGON HEALTH & SCIENCE …$50KMARY BRIDGE CHILDRENS FO…$50K

Grant Size Distribution

250 grants across all recorded years

160<$50K68$50–100K13$100–250K8$250–500K1$500K–1M$1–5M$5M+

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).

RecipientPurposeAmount
EDUCATION DEVELOPMENT CENTER WALTHAM, MAMENTAL HEALTH\ZERO SUICIDE PARTNERS$111,000
CHILDREN'S HEALTH CARE MINNEAPOLIX, MNMENTAL HEALTH\ZERO SUICIDE COHORTS$50,000
LUCILE PACKARD FOUNDATION FOR CHILDREN'S HEALTH PALO ALTO, CAMENTAL HEALTH\ZERO SUICIDE COHORTS$50,000
PENNSYLVANIA STATE UNIVERSITY COLLEGE OF MEDICINE HERSHEY, PAMENTAL HEALTH\ZERO SUICIDE COHORTS$50,000
MEDICAL UNIVERSITY HOSPITAL AUTHORITY CHARLESTON, SCMENTAL HEALTH\ZERO SUICIDE COHORTS$50,000
BAPTIST BEHAVIORAL HEALTH ATLANTA, GAMENTAL HEALTH\ZERO SUICIDE COHORTS$50,000
INTERMOUNTAIN HEALTHCARE FOUNDATION SALT LAKE CITY, UTMENTAL HEALTH\ZERO SUICIDE COHORTS$50,000
OREGON HEALTH & SCIENCE UNIVERSITY FOUNDATION PORTLAND, ORMENTAL HEALTH\ZERO SUICIDE COHORTS$50,000
MARY BRIDGE CHILDRENS FOUNDATION TACOMA, WAMENTAL HEALTH\ZERO SUICIDE COHORTS$50,000
MONROE CARELL JR CHILDREN'S HOSPITAL AT VANDERBILT NASHVILLE, TNMENTAL 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

JESSICA CANNONPRESIDENT$386K

From 2025 filing

NameTitleHoursCompensation
JESSICA MAYERCHAIR1
STEVE MASONVICE CHAIR1
JESSICA CANNONPRESIDENT30$385,969
AARON ALTTREASURER1
ANDREW ALDERMANSECRETARY1
OLA SNOWBOARD MEMBER1
JERRY REVISHBOARD MEMBER1
MIKE PINTEKBOARD MEMBER1
MICHELE GREENBOARD MEMBER1
REBECCA MCGRATHBOARD MEMBER1

Recent News & Activity

Recent developments and announcements

2024

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

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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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