Cabrini Foundation Opens as Largest in NY State; Will Award $150 Million in 2019 for Health Related Projects

The Mother Cabrini Health Foundation has opened its online portal for letters of inquiry from nonprofit organizations with projects to serve the health needs of poor New Yorkers.  The foundation was created with the assets of the Roman Catholic, non-profit health insurer Fidelis which was sold to a private company.  New York State law requires privatized nonprofits to provide the monetary value of their assets for public purposes.    Those assets are valued at over $3 billion which makes it the largest foundation in the state.

The new foundation has listed its priorities on its website at http://www.cabrinihealth.org.  Populations included are:

  • low income individuals and families;
  • older adults;
  • immigrants and migrant workers;
  • formerly incarcerated individuals;
  • persons with special needs;
  • veterans;
  • young children, pregnant women and new moms; and
  • youth and young adults

The foundation is giving priority this year to organizations which have a budget of at least $750,000 though it will consider those with less than that.   Grant requests must be at $75,000.  Health services to older New Yorkers are one of the priorities.  Letters of inquiry have to be submitted online by Thursday, May 9th for competition in a statewide category.   In June, the foundation will then invite accepted inquiries to submit a formal application with decisions and awards of money by the end of the year.  Other regional projects will be solicited on an invitation-only basis.

Organizations which apply must submit proposals “consistent with the ethical principles, tenets, and teachings of the Roman Catholic Faith.”  This guideline will exclude some organizations which are in conflict with church positions on health care issues.