Independence Blue Cross Foundation
The Independence Blue Cross Foundation is a private charitable foundation based in Philadelphia, Pennsylvania, serving as the philanthropic arm of Independence Blue Cross, one of the largest health insurers in Pennsylvania. Established in October 2011, the Foundation catalyzes ideas into action to improve the health and well-being of communities across southeastern Pennsylvania. Since its inception, the Foundation has awarded nearly $90 million in grants to nonprofits and research organizations.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
—
Annual Giving
$8.7M
-7.4% YoY
Grant Count
70
-51.4% YoY
Avg Grant Size
$124K
+90.4% YoY
Mission & Focus Areas
The Foundation's mission is to positively impact health through leading initiatives for a healthier community. The organization operates under four guiding principles:
- Engagement: Connecting stakeholders to strengthen relationships
- Collaboration: Solving together to meet evolving needs
- Innovation: Catalyzing change to move ideas into action
- Sustainability: Driving impact to improve health for everyone
The Foundation is committed to three key focus areas:
- Improving healthcare access
- Strengthening the health workforce
- Enabling solutions for better community health
Grantmaking
The Foundation operates the **Blue Safety Net Program**, which includes an annual application cycle. In 2024, the program distributed nearly $38 million in total impact.
Grant Range
**: $5,000 to $500,000
Average Grant
**: Approximately $50,000
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Geographic Focus
Where this funder awards grants
The Foundation focuses exclusively on southeastern Pennsylvania, specifically serving Bucks, Chester, Delaware, Montgomery, and Philadelphia counties.
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
As of 2024:
- Total Assets: $130,668,288
- Total Revenue: $4,487,181
- Total Expenses: $10,665,804
- Total Liabilities: $707,000
- Total Grants Distributed: $8,782,710
The Foundation maintains substantial assets relative to annual giving, positioning it as a significant funder in the region.
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | — | — | — |
| Revenue | — | — | — |
| Expenses | — | — | — |
| Qualifying Distributions | — | — | — |
| Net Investment Income | — | — | — |
| Distributable Amount | — | — | — |
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 2024
Grant Size Distribution
250 grants across all recorded years
Open Grants
1 open opportunity from Independence Blue Cross Foundation
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
- President: Rev. Dr. Lorina Marshall-Blake
- Executive Director: Heather Major
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| CHARISSE R LILLIE ESQ | CHAIRMAN OF BOARD OF DIRECTORS | 0.5 | — |
| LORINA L MARSHALL-BLAKE | PRESIDENT/DIRECTOR | 1.5 | — |
| JUAN A LOPEZ JR | TREASURER | 0.5 | — |
| EMILY ZITSER | SECRETARY | 0.5 | — |
| JOAN P HILFERTY | DIRECTOR | 0.5 | — |
| CHRISTOPHER CASHMAN | DIRECTOR | 0.5 | — |
| RICHARD L SNYDER M D | DIRECTOR | 0.5 | — |
| NICHOLAS A GIORDANO | DIRECTOR | 0.5 | — |
| SIDNEY HARGRO | DIRECTOR | 0.5 | — |
| PAMELA SARNE-MCCORMICK | DIRECTOR | 0.5 | — |
| VALERIE HJELM ESQ | ASSISTANT SECRETARY | 0.5 | — |
| ROBERTA WAITE | DIRECTOR | 0.5 | — |
| JESSICA C LAMANNA ESQ | SECRETARY | 0.5 | — |
Recent News & Activity
Recent developments and announcements
In 2025, the Independence Blue Cross Foundation distributed $8.2 million in nonprofit grants, earned national recognition, engaged cross-sector leaders on public health issues, and reached national and global audiences. Foundation leadership has been actively representing the organization at statewide and regional speaking engagements focused on healthcare access and workforce development.
IBX Foundation Awards $3 million to Improve Healthcare AccessThe Foundation released the fourth and final season of its "Someone You Know®: Facing the Opioid Crisis Together" podcast, exploring the power of connection in addiction recovery.
Contact Information
- Website: www.ibxfoundation.org
- Phone: 1-855-422-3386
- Email: ibxfoundation@ibx.com
- Address: 1901 Market Street, 37th Floor, Philadelphia, PA 19103-1480
Subject Areas
Focus areas based on grantmaking activity
Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
What could you do with Independence Blue Cross Foundation on Grantable?
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- Draft a tailored letter of inquiry
- Find open RFPs from this funder
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