Private foundation (trust)EIN 223206973Est. 1993-02

CVS FOUNDATION

WOONSOCKET, RI 02895

By invitation only

Total Assets

$194.3M

FY 2024

Annual Giving

$21.4M

FY 2024

Grants Made

778

FY 2024

Avg Grant

$28K

FY 2024

Grant Range

$250–$2.5M

Typical

Deadlines

The organization has submission deadli…

Applications

Financial Snapshot

2024 filing

Total Revenue

$15.9M

Total Expenses

$21.6M

Qualifying Distributions

$21.6M

Distributable Amount

$9.7M

Min. Investment Return

$9.9M

Payout rate 100%Arc chart showing what share of IRS distributable amount was paid out as qualifying distributions in the latest filing.100%

Payout rate

Qualifying distributions as a share of distributable amount.

Grant Range

778 grants

Grant sizes from minimum $250 through median $2K to maximum $2.5M, shown on a logarithmic scale.

Logarithmic scale — typical grant portfolios span orders of magnitude, so distances are proportional to multiplicative change, not dollar gaps.

Top Recipients

500 grants

CHARITIES AID FOUNDATION AMERICA
$4.1M
16 grants
BOSTON FOUNDATION INC
$2.5M
4 grants
VALLEYWISE HEALTH FOUNDATION
$1.4M
2 grants
UNITED NEGRO COLLEGE FUND WASHINGTON DC
$1.0M
2 grants
AMERICAN LUNG ASSOCIATION
$875K
1 grant
MARCH OF DIMES ARLINGTON VA
$800K
1 grant
HISPANIC HEALTH COUNCIL INC
$692K
1 grant
GOOD SAMARITAN HEALTH CENTER
$525K
2 grants

Grant Size Distribution

500 grants

<$10K
373
grants
$10–50K
76
grants
$50–250K
31
grants
$250K–1M
19
grants
$1–5M
1
grants
$5M+

Geographic Focus

42 states

Virginia
$5.6M
26% of total
Massachusetts
$4.1M
20% of total
Connecticut
$1.8M
9% of total
Rhode Island
$1.8M
8% of total
Arizona
$1.5M
7% of total
Illinois
$1.1M
5% of total
District of Columbia
$787K
4% of total
Georgia
$781K
4% of total
New York
$751K
4% of total
North Carolina
$662K
3% of total

+32 more states

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CVS FOUNDATION — Grants, Financials & Contact | Grantivo