Healthwell Foundation

Organization Overview

Healthwell Foundation is located in Germantown, MD. The organization was established in 2005. According to its NTEE Classification (E99) the organization is classified as: Health Care N.E.C., under the broad grouping of Health Care and related organizations. As of 12/2021, Healthwell Foundation employed 151 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Healthwell Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2021, Healthwell Foundation generated $554.3m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 35.0% each year . All expenses for the organization totaled $629.9m during the year ending 12/2021. While expenses have increased by 37.6% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

HELP ELIGIBLE PATIENTS WITH CHRONIC OR LIFE-ALTERING DISEASES AFFORD THEIR MEDICAL TREATMENTS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

MULTIPLE MYELOMA - MEDICARE ACCESS - PROVIDED DEDUCTIBLE, COINSURANCE, COPAYMENT AND PREMIUM ASSISTANCE TO 28,364 ELIGIBLE MEDICARE PATIENTS RECEIVING TREATMENT FOR MULTIPLE MYELOMA.


PROSTATE CANCER - MEDICARE ACCESS - PROVIDED DEDUCTIBLE, COINSURANCE, COPAYMENT AND PREMIUM ASSISTANCE TO 12,116 ELIGIBLE PATIENTS RECEIVING TREATMENT FOR PROSTATE CANCER.


PULMONARY FIBROSIS - PROVIDED DEDUCTIBLE, COINSURANCE, COPAYMENT AND PREMIUM ASSISTANCE TO 9,237 ELIGIBLE PATIENTS BEING TREATED FOR PULMONARY FIBROSIS.


HEPATITIS C, CHRONIC LYMPHOCYTIC LEUKEMIA, POST-MENOPAUSAL OSTEOPOROSIS - MEDICARE ACCESS, BREAST CANCER - MEDICARE ACCESS, HYPERCHOLESTEROLEMIA - MEDICARE ACCESS, ACUTE MYELOID LEUKEMIA, TARDIVE DYSKINESIA - MEDICARE ACCESS, CYSTIC FIBROSIS TREATMENTS, SECONDARY HYPERPARATHYROIDISM, RENAL CELL CARCINOMA - MEDICARE ACCESS, BONE METASTASES - MEDICARE ACCESS, SYSTEMIC LUPUS ERYTHEMATOSUS, CYSTIC FIBROSIS VITAMINS AND SUPPLEMENTS, NON-SMALL CELL LUNG CANCER - MEDICARE ACCESS, CHEMOTHERAPY-INDUCED NEUTROPENIA - MEDICARE ACCESS, MANTLE CELL LYMPHOMA, MELANOMA - MEDICARE ACCESS, COVID-19, MACULAR DEGENERATION (WET AND DRY), PEYRONIE'S DISEASE, SMALL CELL LUNG CANCER - MEDICARE ACCESS, OVARIAN CANCER - MEDICARE ACCESS, AMYOTROPHIC LATERAL SCLEROSIS, COLORECTAL CARCINOMA - MEDICARE ACCESS, DUPUYTREN'S DISEASE, URTICARIA, GOUT - MEDICARE ACCESS, CONGENITAL SUCRASE-ISOMALTASE DEFICIENCY, HUNTINGTON'S DISEASE - MEDICARE ACCESS, PEDIATRIC ASSISTANCE, CHRONIC HEART FAILURE - MEDICARE ACCESS, ACROMEGALY, GIANT CELL ARTERITIS OR TEMPORAL ARTERITIS - MEDICARE ACCESS, AMYLOIDOSIS, BLADDER AND UROTHELIAL CANCER - MEDICARE ACCESS, HEAD AND NECK CANCER - MEDICARE ACCESS, ASTHMA, PROSTATE CANCER - MEDICARE ACCESS, ANCA - ASSOCIATED VASCULITIS, WEGENER'S AND GRANULOMATOSIS WITH POLYANGIITIS, LAMBERT-EATON MYASTHENIC SYNDROME, MOVEMENT DISORDERS - MEDICARE ACCESS, IMMUNOSUPPRESSIVE TREATMENT FOR SOLID ORGAN TRANSPLANT RECIPIENTS - MEDICARE ACCESS, CHRONIC MYELOID LEUKEMIA - MEDICARE ACCESS, MIGRAINE, OTHER, SICKLE CELL DISEASE, GASTRIC CANCER - MEDICARE ACCESS, CYTOMEGALOVIRUS DISEASE - PREVENTION AND TREATMENT, B-CELL LYMPHOMA - MEDICARE ACCESS, NON HODGKINS LYMPHOMA - MEDICARE ACCESS, DIABETIC FOOT ULCERS, GLIOBALSTOMA MULTIFORME/ANAPLASTIC ASTROCYTOMA, HEALTH ACCESS, NONTUBERCULOUS MYCOBACTERIUM - MEDICARE ACCESS, CANCER - RELATED BEHAVIORAL HEALTH, HOMOCYSTINURIA, NEUROCOGNITIVE DISEASE WITH PSYCHOSIS - MEDICARE ACCESS, PORPHYRIAS, HYPEROXALURIA


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Ab Data Compensation
Direct Mail Services
$364,451
Baker Donelson
Legal Services
$282,083
Pharmacy Data Management Inc
Pharmacy Claims Processing
$913,806
Experian Health Inc
Verification Svcs For Applicants
$238,694
Salesforceorg
Grant Management System
$233,803
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$538,184,808
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$538,184,808
Total Program Service Revenue$0
Investment income $9,540,057
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $6,536,414
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $554,261,279

Grants Recieved

Over the last fiscal year, we have identified 4 grants that Healthwell Foundation has recieved totaling $226,500.

Awarding OrganizationAmount
The Pruitt Foundation Inc

Chantilly, VA

PURPOSE: FURTHERANCE OF CHARITABLE PURPOSES

$125,000
The Pruitt Foundation Inc

Chantilly, VA

PURPOSE: FURTHERANCE OF CHARITABLE PURPOSES

$90,000
The Pruitt Foundation Inc

Chantilly, VA

PURPOSE: FURTHERANCE OF CHARITABLE PURPOSES

$6,500
The Pruitt Foundation Inc

Chantilly, VA

PURPOSE: FURTHERANCE OF CHARITABLE PURPOSES

$5,000
View Grant Recipient Profile

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