NonprofitsCosts Of Care

Health Care

Costs Of Care

CAMBRIDGE, MA

Total revenue

$98K

Total expenses

$190K

Net assets

$70K

Grants received

$328K

10 grants

EIN

272898108

Tax year

2024

Mission

Costs of care is dedicated to cultivating change agents who will lead the creation of a more affordable and equitable health system. Costs of care directs the stars program for medical students, catalyzing grassroots, student-led initiatives to advance health care value in medical education. Costs of care offers a fellowship to healthcare providers who want to work with national leaders in promoting discussion, training, and dissemination efforts to improve the delivery of more affordable and value-based healthcare.

Programs

1 program

Affordability moonshot: the affordability moonshot is a movement to improve patient affordability so that no one should have to choose between their life and their life savings. We are informed by outputs from our previous affordability accelerator, which convened influential experts and stakeholders to work together on developing and disseminating the most promising high-impact and sustainable interventions to improve patient affordability. We utilize our outputs to continue to cultivate change agents who will lead the creation of a more affordable and equitable health system. Our moonshot work includes costs of care fellowships for healthcare providers interested in working with national leaders to promote discussion, training, and dissemination efforts to improve the delivery of more affordable and value-based healthcare. The 2024 fellowship cycle provided 3 such healthcare providers the opportunity to work closely with the costs of care team to move forward research related to high-value care and affordability. Recruitment for the 2025 fellowship cycle will see 2 such healthcare providers interested in moving forward high-value care and affordability in surgical and oncological practices.

Expenses: $33K

Financials

FY 2024

Revenue

Contributions & grants$98K
Program service revenue
Investment income$69
Other revenue
Total revenue$98K

Expenses

Grants paid$3K
Salaries & benefits$88K
Fundraising
Other expenses$99K
Total expenses$190K
Total assets$70K
Net assets$70K

People

8 listed

NameRoleCompensation

SEPTEMBER WALLINGFORD

DEPUTY DIRECTOR

Board

$42K

15 hrs/wk

CHRISTOPHER MORIATES

EXECUTIVE DIRECTOR

Board

$15K

4 hrs/wk

MICHELE RHEE

SECRETARY

Board

0.5 hrs/wk

JONATHAN GORDON

TREASURER

Board

0.5 hrs/wk

NEEL SHAH

CHAIRPERSON (THRU 6/1/24)

Board

0.5 hrs/wk

DANIEL WOLFSON

DIRECTOR (BEGAN 6/1/24)

Board

0.5 hrs/wk

ANITA SAMARTH

DIRECTOR

Board

0.5 hrs/wk

VINEET ARORA

DIR./CHAIRPERSON (BEGAN 6/1/24)

Board

0.5 hrs/wk

Grants received

Showing 10 of 10

FromAmountPurposeYear
$11K
TO ENGAGE IN AN EXPLORATORY PHASE OF WORK IN AN EFFORT TO UNDERSTAND THE LONGITUDINAL IMPACTS OF THE STUDENTS AND TRAINEES ADVOCATING FOR RESOURCE STEWARDSHIP ("STARS") PROGRAM.
2024
$5K
UNRESTRICTED GENERAL SUPPORT
2024
$87K
TO ENGAGE IN AN EXPLORATORY PHASE OF WORK IN AN EFFORT TO UNDERSTAND THE LONGITUDINAL IMPACTS OF THE STUDENTS AND TRAINEES ADVOCATING FOR RESOURCE STEWARDSHIP ("STARS") PROGRAM.
2023
$25K
For grant recipient's exempt purposes
2023
$10K
SUPPORT THE STARS PROGRAM
2022
$25K
SUPPORT THE STARS PROGRAM
2021
$25K
THIS AWARD IS TO SUPPORT STARS UNITE (STUDENTS AND TRAINEES ADVOCATING FOR RESOURCE STEWARDSHIP UTILIZING NURSING AND INTERPROFESSIONAL TEAM EXPERTISE) FOR VALUE PROGRAM.
2020
$5K
TO SUPPORT THE CHOOSING WISELY STARS PROGRAM - TO ACTIVATE MEDICAL STUDENTS TO LEAD CHANGE WITHIN THEIR OWN MEDICAL SCHOOLS, BY PROVIDING THEM WITH SUPPORT AND RESOURCES
2020
$85K
TO CREATE A PROGRAM FOR U.S. MEDICAL STUDENTS TO PROMOTE CHOOSING WISELY AND HEALTH CARE VALUE
2019
$50K
CREATING VALUE CHALLENGE AND LEARNING NETWORK
2017

Funded by

$328K from 5 funders · 10 grants · 2017–2024

Abim Foundation

$175K · 5 grants · 2017–2022

Laura And John Arnold Foundation

$98K · 2 grants · 2023–2024

Josiah Macy Jr Foundation

$25K · 1 grant · 2020

Details

EIN272898108
NTEE codeE70
Subsection03
Ruling date2011-09
Formed2009
Employees0
Volunteers6
COSTS OF CARE — Mission, Financials & Grants Received | Grantivo