The foundation was founded in 1981 as the philanthropic arm of one of the nation’s leading insurance companies. It seeks to improve community health and well-being through support of nonprofits that promote healthy behaviors, health education, and access to health services.
With nearly $180 million in assets, it is the fourth-largest foundation in Louisville. In 2014, according to its most recent annual IRS tax return, the five recipients receiving the most money were:
- KaBOOM! of Washington, D.C.: $1 million
- University of Louisville Foundation: $905,000
- Scholarship America of Minneapolis: $730,000
- Metro United Way: $707,000
- Actors Theatre: $703,000
While it’s legally separate from the insurance giant itself, their leadership overlaps. The foundation’s five directors are Humana CEO Bruce Broussard; General Counsel Christopher Todoroff; board member David A. Jones Jr.; his father, company co-founder David A. Jones Sr., and Chairman Michael McCallister, a retired Humana CEO and former chairman.
But it’s unclear whether its leadership and philanthropic focus will change under a proposed $37 billion sale to Aetna of Hartford.
Here’s its GuideStar profile, where you can find current IRS tax returns with annual revenues, expenses, compensation to top officers and other financial information.
Read more news about the foundation on Boulevard.