Blue Cross and Blue Shield of Michigan Foundation

“The organization is formed as a non-profit stock corporation wholly owned by blue care network of michigan (ein 38-2359234), a health maintenance organization, which is organized and exempt under section 501(c)(4).”

“Election of members and their rights shareholders have the power to elect the board of directors, president, vice president, and chairperson.”

“Election of members and their rights shareholders have the power to elect the board of directors, president, vice president, and chairperson.”

“The organization's process for form 990 is the return is prepared by an outside firm, ey, and reviewed by the management team of the foundation. The management team requests support from various sources and provides to ey as needed. The current executive director and ceo, audrey j. Harvey, had the opportunity to review the return before it was filed with the internal revenue service. The return is not presented to the board of directors.”

“The member with the conflict will abstain their vote on issues related to the conflicting organization. Members receive annually disclosure conflict forms and are required to review, update or submit a new disclosure form. When board forms are submitted, they are then approved by the board chair and finance committee chair. If any conflict is to be resolved the board chair and finance committee chair will work with the board member to resolve the conflict. Updated forms with all conflicts resolved are presented annually to the entire board for approval.”

“The compensation recommendations for bcbsm foundation's officers or key employees are reviewed and approved by blue cross blue shield of michigan (bcbsm), personnel and compensation subcommittee and executive committee.”

“Governing documents - documents are made available to the public upon request, at the office of the foundation. Conflict of interest policy - documents are made available to the public upon request, at the office of the foundation. Audited financials are published in the annual report which is available on the foundation's website and available upon request.”

“Our work requires deep relationships with grantees to understand and encourage their work and coordinate our investments in interventions with organizations that also invest in community health. In 2024, the blue cross blue shield of michigan foundation demonstrated that we remain ready to help improve the state of health in michigan by focusing on strengthening population health in communities. We worked with our grantees and funding partners to focus on community-inspired initiatives and programs that go beyond treating illness and support the health of michiganders. As we work with organizations throughout michigan to galvanize population-focused health research and programs, we are fortunate to have a mission and vision that allow us to address all aspects of health care through research and a wide variety of interventions. Through our funding and grant-making partnerships, we promote improved healthcare processes, foster innovations to drive healthy communities, provide access to health care, and help address the social determinants of health. Working with other funders is vital because it facilitates increased support to organizations that are answering the needs of their communities. We began 2024 by collaborating with the social mission team at blue cross blue shield of michigan, addressing maternal health equity to reduce maternal mortality and severe maternal morbidity. Through our funding partnership with social mission, we invested in seven innovative programs in five michigan regions to address the behavioral health care needs of expectant parents, increase community resource navigation for pregnant people and increase access to services and support for pregnant people with substance use disorder. In a nine-funder collaborative, we addressed the mental health of black youth and adults by supporting seven black-led community organizations to better connect them to mental health resources, case management, referrals to primary care clinics and other innovative solutions. Seniors represent a vulnerable and growing part of our population, and in 2024 we participated in a four-partner washtenaw county funding collaboration supporting programs to create community connections enhancing seniors' well-being. The bcbsm foundation continues to address the health of children. In 2024, we focused our efforts on child abuse awareness and prevention by supporting four organizations that provide critical child abuse services and awareness and prevention programs in michigan.”

“Related organizations - blue cross blue shield of michigan foundation has assigned employees from its ultimate parent, blue cross blue shield of michigan, (bcbsm). The expenses associated with these individuals are reflected on form 990, part ix, line 5 and line 7. Payments were made to bcbsm through an intercompany agreement. No employees were reflected on part v, line 2a since the actual w-2's and 941's are reported by bcbsm. Compensation paid to the executive director and ceo, officers as well as former officers, directors, key employees and highly compensated employees, by the parent company and reimbursed by the foundation, is included on form 990, part vii, section a. Compensation paid to other board members that was not reimbursed by the foundation is reflected on form 990, part vii, section a. Their complete compensation as paid by the parent is reported in column e. Compensation amounts reported on part ix line 5 and 7 include pension plan contributions, other employee benefits, and payroll taxes that would otherwise be reported on lines 8, 9, and 10, respectively. Current officers, directors, trustees and key employees that are employed by the filing organization or by a related organization split their time as needed between the filing entity and related organizations. A per week estimate for the filing organization and related organizations is reflected on the filing entity's part vii, column b, with the complete reportable compensation from the filing organization and related organizations reflected in column d and column e as appropriate.”