Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
right arrowDo not enter social security numbers on this form as it may be made public.
right arrowGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0047
2023
Open to Public Inspection
For calendar year 2023, or tax year beginning 01-01-2023 , and ending 12-31-2023
Name of foundation
Elevance Health Foundation Inc
 
Number and street (or P.O. box number if mail is not delivered to street address)220 Virginia Avenue
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
Indianapolis, IN46204
A Employer identification number

35-2122763
B Telephone number (see instructions)

(317) 488-6000
C right arrow
G Check all that apply:

D 1. Foreign organizations, check here............. right arrow
2. Foreign organizations meeting the 85%
test, check here and attach computation ... right arrow
E right arrow
H Check type of organization:
F right arrow
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)right arrow$160,795,195J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule) 50,000,003
2 Check right arrow.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 2,394,369 2,722,005  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 Click to see attachment
List of Attached Documents:
// Content
1,505,564
b Gross sales price for all assets on line 6a 19,329,133
7 Capital gain net income (from Part IV, line 2)... 1,583,625
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances 0
b Less: Cost of goods sold.... 0
c Gross profit or (loss) (attach schedule)..... 0  
11 Other income (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
0 1,708,672 0
12 Total. Add lines 1 through 11........ 53,899,936 6,014,302 0
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc.        
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule)......... 0 0 0 0
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
28,250 8,470 0 19,780
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
1,000 0 0 1,000
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
0 193,545 0 0
19 Depreciation (attach schedule) and depletion... 0 0 0
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
1,714,166 332,714 0 1,136,930
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 1,743,416 534,729 0 1,157,710
25 Contributions, gifts, grants paid....... 26,926,621 31,436,231
26 Total expenses and disbursements. Add lines 24 and 25 28,670,037 534,729 0 32,593,941
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 25,229,899
b Net investment income (if negative, enter -0-) 5,479,573
c Adjusted net income (if negative, enter -0-)... 0
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2023)
Form 990-PF (2023)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing.............      
2 Savings and temporary cash investments......... 194,868 293,036 293,036
3 Accounts receivable right arrow  
Less: allowance for doubtful accounts right arrow   0 0 0
4 Pledges receivable right arrow  
Less: allowance for doubtful accounts right arrow     0 0
5 Grants receivable................. 5,000,000 0 0
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions)..... 0 0 0
7 Other notes and loans receivable (attach schedule) right arrow0
Less: allowance for doubtful accounts right arrow0 0 0 0
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule) 0 0 0
b Investments—corporate stock (attach schedule)....... 0 Click to see attachment
List of Attached Documents:
// Content
0 		0
c Investments—corporate bonds (attach schedule)....... 0   0
11 Investments—land, buildings, and equipment: basis right arrow0
Less: accumulated depreciation (attach schedule) right arrow0 0   0
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 122,335,660 Click to see attachment
List of Attached Documents:
// Content
160,342,774 		160,342,774
14 Land, buildings, and equipment: basis right arrow0
Less: accumulated depreciation (attach schedule) right arrow0 0   0
15 Other assets (describe right arrow) Click to see attachment
List of Attached Documents:
// Content
100,709 		Click to see attachment
List of Attached Documents:
// Content
159,385 		Click to see attachment
List of Attached Documents:
// Content
159,385
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 127,631,237 160,795,195 160,795,195
Liabilities 17 Accounts payable and accrued expenses.......... 53,271 90,480
18 Grants payable................. 32,822,486 28,312,876
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons 0 0
21 Mortgages and other notes payable (attach schedule)...... 0 0
22 Other liabilities (describe right arrow) Click to see attachment
List of Attached Documents:
// Content
216,055 		Click to see attachment
List of Attached Documents:
// Content
384,463
23 Total liabilities (add lines 17 through 22)......... 33,091,812 28,787,819
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here right arrow
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions........... 94,539,425 122,007,376
25 Net assets with donor restrictions............   10,000,000
Foundations that do not follow FASB ASC 958, check here right arrow
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........    
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds    
29 Total net assets or fund balances (see instructions)..... 94,539,425 132,007,376
30 Total liabilities and net assets/fund balances (see instructions). 127,631,237 160,795,195
Part III
Analysis of Changes in Net Assets or Fund Balances
1
Total net assets or fund balances at beginning of year—Part II, column (a), line 29 (must agree with end-of-year figure reported on prior year’s return) ...............
1
94,539,425
2
Enter amount from Part I, line 27a .....................
2
25,229,899
3
Other increases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
3
12,238,052
4
Add lines 1, 2, and 3 ..........................
4
132,007,376
5
Decreases not included in line 2 (itemize) right arrow
5
0
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
132,007,376
Form 990-PF (2023)
Form 990-PF (2023)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)		 (b)
How acquired
P—Purchase
D—Donation 		(c)
Date acquired
(mo., day, yr.) 		(d)
Date sold
(mo., day, yr.)
1 a Marketable Securities P    
b Wellington P    
c Harrison Street P    
d Arrowstreet P    
e
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 19,329,133   17,823,569 1,505,564
b     7,873 -7,873
c 927     927
d 85,007     85,007
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69 		(j)
Adjusted basis
as of 12/31/69 		(k)
Excess of col. (i)
over col. (j), if any
a     0 1,505,564
b     0 -7,873
c     0 927
d     0 85,007
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 1,583,625
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 ................... 		Bracket 3 0
Part V
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a Exempt operating foundations described in section 4940(d)(2), check here right arrow and enter “N/A" on line 1. Bracket for line 1a
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions) 1 76,166
b All other domestic foundations enter 1.39% (0.0139) of line 27b. Exempt foreign organizations enter 4% (0.04) of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2  
3 Add lines 1 and 2........................... 3 76,166
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4  
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 76,166
6 Credits/Payments:
a 2023 estimated tax payments and 2022 overpayment credited to 2023 6a 102,217
b Exempt foreign organizations—tax withheld at source...... 6b  
c Tax paid with application for extension of time to file (Form 8868)... 6c  
d Backup withholding erroneously withheld .......... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 102,217
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8  
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......right arrow 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...right arrow 10 26,051
11 Enter the amount of line 10 to be: Credited to 2024 estimated taxright arrow26,051 Refundedright arrow 11 0
Form 990-PF (2023)
Form 990-PF (2023)
Page 4
Part VI-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. right arrow$   (2) On foundation managers.right arrow$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.right arrow$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
round bullet By language in the governing instrument, or
round bullet By state legislation that effectively amends the governing instrument so that no mandatory directions
that conflict with the state law remain in the governing instrument? ................
6
Yes
 
7
Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
and Part XIV..................................
7
Yes
 
8a
Enter the states to which the foundation reports or with which it is registered (see instructions)
right arrowIN
b
If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
8b
Yes
 
9
Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
or 4942(j)(5) for calendar year 2023 or the taxable year beginning in 2023? See the instructions for Part XIII.
If "Yes," complete Part XIII .............................
9
 
No
10
Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
and addresses. ...............................
10
 
No
11
At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions Click to see attachment
List of Attached Documents:
// Content
.............
11
Yes
 
12
Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
advisory privileges? If "Yes," attach statement. See instructions.................
12
 
No
13
Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
13
Yes
 
Website addressright arrowwww.elevancehealth.com
14
The books are in care ofright arrowSARA SCHLUGE Telephone no.right arrow (317) 488-6000

Located atright arrow220 VIRGINIA AVENUEINDIANAPOLISIN ZIP+4right arrow46204
15
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........right arrow
and enter the amount of tax-exempt interest received or accrued during the year ........right arrow
15
 
16 At any time during calendar year 2023, did the foundation have an interest in or a signature or other authority over YesNo
a bank, securities, or other financial account in a foreign country? .................
16   No
See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
country right arrow
Form 990-PF (2023)
Form 990-PF (2023)
Page 5
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required
File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
Yes
No
1a
During the year did the foundation (either directly or indirectly):
(1) Engage in the sale or exchange, or leasing of property with a disqualified person? ...........
1a(1)
 
No
(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
a disqualified person? ..............................
1a(2)
 
No
(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
1a(3)
Yes
 
(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
1a(4)
Yes
 
(5) Transfer any income or assets to a disqualified person (or make any of either available
for the benefit or use of a disqualified person)? ......................
1a(5)
 
No
(6) Agree to pay money or property to a government official? (Exception. Check "No"
if the foundation agreed to make a grant to or to employ the official for a period
after termination of government service, if terminating within 90 days.) ...............
1a(6)
 
No
b
If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
1b
 
No
c
Organizations relying on a current notice regarding disaster assistance check here ........right arrow
d
Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
that were not corrected before the first day of the tax year beginning in 2023? .............
1d
 
No
2
Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
a
At the end of tax year 2023, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2023?....................
2a
 
No
If "Yes," list the years right arrow20, 20, 20, 20
b
Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
(relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
to all years listed, answer "No" and attach statement—see instructions.) ..............
2b
 
 
c
If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
right arrow20, 20, 20, 20
3a
Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
any time during the year? ..............................
3a
 
No
b
If "Yes," did it have excess business holdings in 2023 as a result of (1) any purchase by the foundation
or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
if the foundation had excess business holdings in 2023.) .....................
3b
 
 
4a
Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
4a
 
No
b
Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2023? ..
4b
 
No
Form 990-PF (2023)
Form 990-PF (2023)
Page 6
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required (continued)
5a
During the year did the foundation pay or incur any amount to:
Yes
No
(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........
5a(1)
 
No
(2) Influence the outcome of any specific public election (see section 4955); or to carry
on, directly or indirectly, any voter registration drive? ....................
5a(2)
 
No
(3) Provide a grant to an individual for travel, study, or other similar purposes? .............
5a(3)
 
No
(4) Provide a grant to an organization other than a charitable, etc., organization described
in section 4945(d)(4)(A)? See instructions ........................
5a(4)
 
No
(5) Provide for any purpose other than religious, charitable, scientific, literary, or
educational purposes, or for the prevention of cruelty to children or animals? .............
5a(5)
 
No
b
If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ........
5b
 
 
c
Organizations relying on a current notice regarding disaster assistance check .........right arrow
d
If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
tax because it maintained expenditure responsibility for the grant? .................
5d
 
 
If "Yes," attach the statement required by Regulations section 53.4945–5(d).
6a
Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
a personal benefit contract? .............................
6a
 
No
b
Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
6b
 
No
If "Yes" to 6b, file Form 8870.
7a
At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
7a
 
No
b
If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? .....
7b
 
 
8
Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
excess parachute payment during the year? .........................
8
 
No
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors
1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
(a) Name and address (b) Title, and average
hours per week
devoted to position 		(c) Compensation
 (If not paid, enter
-0-) 		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
other allowances
Lance Chrisman Executive Director
36.000 		0 0 0
220 Virginia Avenue
Indianapolis,IN46204
Kathleen Kiefer Secretary
0.100 		0 0 0
220 Virginia Avenue
Indianapolis,IN46204
Vince Scher Treasurer
0.250 		0 0 0
220 Virginia Avenue
Indianapolis,IN46204
Rick Noble Assistant Treasurer
0.100 		0 0 0
220 Virginia Avenue
Indianapolis,IN46204
Shantanu Agrawal MD Chairperson
0.100 		0 0 0
220 Virginia Avenue
Indianapolis,IN46204
Scott Anglin Director
0.100 		0 0 0
220 Virginia Avenue
Indianapolis,IN46204
Bill Beck Director
0.100 		0 0 0
220 Virginia Avenue
Indianapolis,IN46204
Nicole Bolton Director
0.100 		0 0 0
220 Virginia Avenue
Indianapolis,IN46204
Kimberly Roop MD Director
0.100 		0 0 0
220 Virginia Avenue
Indianapolis,IN46204
2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
(a) Name and address of each employee paid more than $50,000 (b) Title, and average
hours per week
devoted to position 		(c) Compensation (d) Contributions to
employee benefit
plans and deferred
compensation 		(e) Expense account,
other allowances
 
Total number of other employees paid over $50,000...................right arrow 0
Form 990-PF (2023)
Form 990-PF (2023)
Page 7
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors (continued)
3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
(a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
Elevance Health Inc Management Services 1,130,292
220 Virginia Avenue
Indianapolis,IN46204
Arrowstreet Capital Investment Manager 146,315
200 Clarendon Street
30th Floor
Boston,MA02116
Harrison Street Core Property Fund LP Investment Manager 102,410
444 W Lake Street
Suite 2100
Chicago,IL60606
Total number of others receiving over $50,000 for professional services.............right arrow0
Part VIII-A
Summary of Direct Charitable Activities
List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
1  
2  
3  
4  
Part VIII-B
Summary of Program-Related Investments (see instructions)
Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
1  
2  
All other program-related investments. See instructions.
3  
Total. Add lines 1 through 3.........................right arrow0
Form 990-PF (2023)
Form 990-PF (2023)
Page 8
Part IX
Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
1
Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
purposes:
a
Average monthly fair market value of securities...................
1a
131,876,349
b
Average of monthly cash balances.......................
1b
611,552
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, b, and c).........................
1d
132,487,901
e
Reduction claimed for blockage or other factors reported on lines 1a and
1c (attach detailed explanation) .............
1e
0
2
Acquisition indebtedness applicable to line 1 assets..................
2
 
3
Subtract line 2 from line 1d.........................
3
132,487,901
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
1,987,319
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
130,500,582
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
6,525,029
Part X
Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here right arrow and do not complete this part.)
1
Minimum investment return from Part IX, line 6..................
1
6,525,029
2a
Tax on investment income for 2022 from Part V, line 5.......
2a
76,166
b
Income tax for 2022. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
76,166
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
6,448,863
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
6,448,863
6
Deduction from distributable amount (see instructions).................
6
 
7
Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...
7
6,448,863
Part XI
Qualifying Distributions (see instructions)
1
Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
a
Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........
1a
32,593,941
b
Program-related investments—total from Part VIII-B..................
1b
0
2
Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
purposes...............................
2
 
3
Amounts set aside for specific charitable projects that satisfy the:
a
Suitability test (prior IRS approval required)....................
3a
 
b
Cash distribution test (attach the required schedule) .................
3b
0
4
Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4. .......
4
32,593,941
Form 990-PF (2023)
Form 990-PF (2023)
Page 9
Part XII
Undistributed Income (see instructions)
(a)
Corpus 		(b)
Years prior to 2022 		(c)
2022 		(d)
2023
1 Distributable amount for 2023 from Part X, line 7 6,448,863
2 Undistributed income, if any, as of the end of 2022:
a Enter amount for 2022 only.......  
b Total for prior years:20 , 20, 20  
3 Excess distributions carryover, if any, to 2022:
a From 2018...... 14,258,444
b From 2019...... 7,812,390
c From 2020...... 21,932,994
d From 2021...... 20,291,789
e From 2022...... 22,682,834
f Total of lines 3a through e ........ 86,978,451
4Qualifying distributions for 2023 from Part
XI, line 4: right arrow$ 32,593,941
a Applied to 2022, but not more than line 2a 0
b Applied to undistributed income of prior years
(Election required—see instructions)..... 		0
c Treated as distributions out of corpus (Election
required—see instructions)........ 		0
d Applied to 2023 distributable amount..... 6,448,863
e Remaining amount distributed out of corpus 26,145,078
5 Excess distributions carryover applied to 2023.   0
(If an amount appears in column (d), the
same amount must be shown in column (a).)
6Enter the net total of each column as
indicated below:
a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 113,123,529
b Prior years’ undistributed income. Subtract
line 4b from line 2b .......... 		0
c Enter the amount of prior years’ undistributed
income for which a notice of deficiency has
been issued, or on which the section 4942(a)
tax has been previously assessed...... 		 
d Subtract line 6c from line 6b. Taxable amount
—see instructions ........... 		0
e Undistributed income for 2022. Subtract line
4a from line 2a. Taxable amount—see
instructions ............. 		0
f Undistributed income for 2023. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2024 .......... 		0
7 Amounts treated as distributions out of
corpus to satisfy requirements imposed by
section 170(b)(1)(F) or 4942(g)(3) (Election may
be required - see instructions) ....... 		0
8 Excess distributions carryover from 2018 not
applied on line 5 or line 7 (see instructions) ... 		14,258,444
9 Excess distributions carryover to 2024.
Subtract lines 7 and 8 from line 6a ...... 		98,865,085
10 Analysis of line 9:
a Excess from 2019.... 7,812,390
b Excess from 2020.... 21,932,994
c Excess from 2021.... 20,291,789
d Excess from 2022.... 22,682,834
e Excess from 2023.... 26,145,078
Form 990-PF (2023)
Form 990-PF (2023)
Page 10
Part XIII
Private Operating Foundations (see instructions and Part VI-A, question 9)
1a If the foundation has received a ruling or determination letter that it is a private operating
foundation, and the ruling is effective for 2023, enter the date of the ruling ...... right arrow
 
b Check box to indicate whether the organization is a private operating foundation described in section or
2a Enter the lesser of the adjusted net
income from Part I or the minimum
investment return from Part IX for each
year listed .......... 		Tax year Prior 3 years (e) Total
(a) 2023 (b) 2022 (c) 2021 (d) 2020
         
b 85% (0.85) of line 2a .........          
c Qualifying distributions from Part XI,
line 4 for each year listed ..... 		         
d Amounts included in line 2c not used directly
for active conduct of exempt activities .......... 		         
e Qualifying distributions made directly
for active conduct of exempt activities.
Subtract line 2d from line 2c .... 		         
3 Complete 3a, b, or c for the
alternative test relied upon:
a “Assets" alternative test—enter:
(1) Value of all assets ......          
(2) Value of assets qualifying
under section 4942(j)(3)(B)(i)		          
b “Endowment" alternative test— enter 2/3
of minimum investment return shown in
Part IX, line 6 for each year listed .. 		         
c “Support" alternative test—enter:
(1) Total support other than gross
investment income (interest,
dividends, rents, payments
on securities loans (section
512(a)(5)), or royalties) .... 		         
(2) Support from general public
and 5 or more exempt
organizations as provided in
section 4942(j)(3)(B)(iii).... 		         
(3) Largest amount of support
from an exempt organization		          
(4) Gross investment income          
Part XIV
Supplementary Information (Complete this part only if the foundation had $5,000 or more in
assets at any time during the year—see instructions.)
1Information Regarding Foundation Managers:
aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
Not Applicable
bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
Not Applicable
2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
Check here right arrow
aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
Grant Program
220 Virginia Avenue
Indianapolis,IN46204
foundation@elevancehealth.com
bThe form in which applications should be submitted and information and materials they should include:
ONLY ONLINE APPLICATIONS WILL BE ACCEPTED FOR GRANT CONSIDERATION
cAny submission deadlines:
NONE
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
NONE
Form 990-PF (2023)
Form 990-PF (2023)
Page 11
Part XIV
Supplementary Information (continued)
3 Grants and Contributions Paid During the Year or Approved for Future Payment
Recipient If recipient is an individual,
show any relationship to
any foundation manager
or substantial contributor
 Foundation
status of
recipient 		Purpose of grant or
contribution 		Amount
Name and address (home or business)
aPaid during the year

18 Reasons

3674 18th Street
San Francisco,CA94110 		NONE PC Nourishing pregnancy program 163,333

American Academy of Pediatrics

345 Park Blvd
Itasca,IL60143 		NONE PC Improving Adolescent Substance Use & Mental Health Outcomes Through Pediatric Primary Care program 181,500

American Heart Association

2300 Centrepark West Drive
West Palm Beach,FL33409 		NONE PC Building Healthier, Safer Communities Together program 1,217,715

Americares

88 Hamilton Drive
Stamford,CT06902 		NONE PC Programmatic Support of Disaster Relief Efforts 150,000

Augusta Locally Grown

631 Chafee Ave Suite 102
Augusta,GA30904 		NONE PC Food As Medicine: A Proven Solution in Low-Access/Low-Income Communities of Color with High Rate... 50,000

Birthing Beautiful Communities

3043 Superior Ave
Cleveland,OH44114 		NONE PC Perinatal Support Program 250,000

Breaking Ground

505 8th Avenue Floor 5
New York,NY100186550 		NONE PC Increasing Accessibility of Harm Reduction Services for Those with Histories of Homelessness pro... 100,000

California Health Collaborative

1680 West Shaw Ave
Fresno,CA93711 		NONE PC Maternal Wellness (Perinatal Substance Use Task Force) Program 200,000

Center of Wellness for Urban Women Inc

2424 Doctor Martin Luther King
Indianapolis,IN46208 		NONE PC Sisters Together: Move More, Eat Better program 50,000

Centers for Families and Children

4500 Euclid Ave
Cleveland,OH441033736 		NONE PC Ensuring Optimal Health and Well-Being for Prenatal & Postpartum Clients and Babies program 83,333

Charitable Pharmacy of Central Ohio

200 E Livingston Ave
Columbus,OH43215 		NONE PC Farmacy in the City: Food as Medicine Chronic Disease Management program 125,000

CHC Creating Healthier Communities

1199 North Fairfax Road Suite 600
Alexandria,VA22314 		NONE PC Reducing Preterm Births Using the Jackson-Hogue-Phillips Contextualized Stress Measure (JHP) & S... 2,333,333

Childrens Hospital Medical Center Akron

300 Locust St Suite 460
Akron,OH44302 		NONE PC Food Farmacy program 25,000

CHOC Foundation

1201 W La Veta Ave
Orange,CA928684203 		NONE PC Wellness on Wheels (WoW) program 100,000

Cincinnati Children's

3333 Burnet Ave MLC 9002
Cincinnati,OH45229 		NONE PC Cradle Cincinnati "Mama Certified" program 63,125

Columbus Neighborhood Health Center

2780 Aiport Drive Suite 100
Columbus,OH43219 		NONE PC Healthy Pantry to Go Program 56,667

Communities In Schools of Appalachian Hig

280 Lee Street
Bristol,VA24201 		NONE PC Building Transformative Relationships to Reduce Mental Health & Substance-Use Disorder Risk Fact... 250,000

Community Access Inc

64 Beaver Street Suite 109
New York,NY10004 		NONE PC NYC Community Health Hub program 100,000

Community Shelter Board

11 Liberty Street Suite 150
Columbus,OH43235 		NONE PC Homelessness Prevention Program for Expectant Mothers (HPEM) program 100,000

Core Community Organized Relief Effort

910 N Hill St
Los Angeles,CA90012 		NONE PC Los Angeles ResourceConnect (LARC) Scale-Up program 500,000

Diabetes Association of Atlanta Inc

75 Marietta St NW Suite 304
Atlanta,GA30303 		NONE PC Diabetes Prevention and Control Program (DPC) 100,000

Don't Quit Foundation

11611 San Vicente Blvd Suite 515
Beverly Hills,CA90210 		NONE PC Support for youth health and state-level activitations of the Don't Quit Fitness Centers through... 262,500

Downtown Women's Center

442 S San Pedro Street
Los Angeles,CA90013 		NONE PC Building Capacity to Address Substance Use Disorder for Women in Skid Row Program 100,000

Duke University

Office of Research Support
Durham,NC27705 		NONE PC Leveraging Opioid Settlements to Support Sustainable Community-Based SUD Treatment and Recovery ... 177,500

Emergency Medicine Foundation

4950 West Royal Lane
Irving,TX75063 		NONE PC Emergency Quality Network (E-QUAL) - Substance Use Disorder Initiative program implemented by th... 366,666

Every Child Succeeds Inc

3333 Burnet Ave MLC 3005
Cincinnati,OH45229 		NONE PC Advancing Maternal Health Equity with Evidence-Based Home Visiting program 50,000

Faces and Voices of Recovery

10 G Street NE Suite 600
Washington,DC20002 		NONE PC Peer ReSource Digital Application program 216,666

Feeding America

161 North Clark St Suite 700
Chicago,IL60601 		NONE PC Feeding America - Food as Medicine program 4,700,000

Fletcher Group Inc

601 Meyers Baker Road
London,KY40741 		NONE PC SMART Recovery Life Skills Mutual Aid Groups Enhancing Access in Recovery Housing program 100,000

Food & Friends Inc

219 Riggs Rd NE
Washington,DC20011 		NONE PC Specialized Nutrition Services for Seriously Ill Virginians program 125,000

Food Pantries of the Capital District

32 Essex St
Albany,NY122062027 		NONE PC New York State Food as Medicine MTG Accelerator Program 166,666

ForKids

1001 Poindexter Street
Chesapeake,VA23324 		NONE PC Healthy Eating ForKids 60,000

Fund for the City of New York

121 Sixth Avenue 6th Floor
New York,NY100130000 		NONE PC Improving Health Among Medicaid Patients with Diet-Related Chronic Conditions: Medically Tailore... 183,333

Gay Mens Health Crisis

307 West 38th St
New York,NY10018 		NONE PC GMHC's Harm Reduction Program 100,000

Good Shepherd Gracenter

1310 Bacon St
San Francisco,CA94134 		NONE PC Transitional Housing Recovery Program for Homeless Women Seeking Long-Term Recovery From Addicti... 25,000

Gov Partnership to Protect CT's Workforce

1077 Silas Deane Highway Unit 333
Wethersfield,CT061094229 		NONE PC E3: Engage, Encourage, Empower grant 100,000

Greater Cincinnati Behavorial Health Serv

1501 Madison Rd
Cincinnati,OH45206 		NONE PC Expanding Open Access to Substance Use Disorder Treatment and Recovery program 80,000

Greater Richmond Fit4Kids

2010 Maywill St
Richmond,VA23230 		NONE PC Fit4Kids Greenhouse Operation: Food As Medicine in the Learning Gardens, Seedling Distribution, ... 75,000

Harvest Home

2118 Wilshire Blvd No 358
Santa Monica,CA904035704 		NONE PC Maternal Health Continuum of Care program 80,000

Health Initiative Inc

PO Box 3858
Attleboro,MA02703 		NONE PC Increase Access to Healthy Food by Enabling Support/Investment in FAM Organiziations program 418,500

HealthConnect One

227 West Monroe Street Suite
Chicago,IL60606 		NONE PC Advancing Inclusive Community-Based Birth Worker Support: Centering Birthing Families and Amplif... 500,000

Healthlinc Inc

2401 Valley Dr
Valaparaiso,IN46383 		NONE PC FoodLinc program 787,500

Heartland High School

760 E Broad St
Columbus,OH432051015 		NONE PC Pathway to Heartland program 50,000

Hocking-Anthens Perry Community Action

3 Cardaras Dr
Glouster,OH45732 		NONE PC Bringing Healthy Home program 100,000

Homeboy Industries

130 W Bruno St
Los Angeles,CA90012 		NONE PC Promoting Mental Wellbeing and Resiliency for Systems-Impacted People: Homeboy's Health and Well... 100,000

Homeless Families Foundation

33 N Grubb St
Columbus,OH432152749 		NONE PC Homelessness Prevention for Pregnant Women and New Moms program 100,000

Housing Works

57 Willoughby Street 2nd Floor
Brooklyn,NY11201 		NONE PC Care Your Way' Digital Food Market Home-Delivers Healthy Food to Low-Income New Yorkers with Ch... 100,000

IAAAA Education Institute

4701 N Keystone Ave Ste 402
Indianapolis,IN46260 		NONE PC Connecting Older Hoosiers with Healthful Foods program 919,190

International Association of Lions Clubs

300 W 22nd Street
Oak Brook,IL60523 		NONE PC Elevance Health Volunteer Days 165,500

Kent State University Foundation

PO Box 5190
Kent,OH44242 		NONE PC The Spirit of Motherhood program 100,000

LA Family Housing

7843 Landershim Blvd
N Hollywood,CA91605 		NONE PC Substance Use & Mental Health Programs for People Experiencing Homelessness in Permanent Support... 83,333

Life of Hope

710 East 37th St
Brooklyn,NY11203 		NONE PC Central Brooklyn Immigrant Mother's Initiative program 191,667

LifeCare Alliance

1699 W Mound St
Columbus,OH43223 		NONE PC Diabetes Dayton: Food As Medicine Program 25,000

Lions Club International Foundation

300 W 22nd Street
Oak Brook,IL60523 		NONE PC Elevance Health Volunteer Days 105,000

Little Sisters of the Assumption

333 East 115th St
New York,NY10029 		NONE PC Maternity Outreach Project program 208,333

Local Initiatives Support Corporation

28 Liberty Street Floor 34
New York,NY10005 		NONE PC Increasing Healthy Food Access and Equity in Indianapolis Neighborhoods program 681,000

Los Angeles Regional Food Bank

1734 East 41st St
Los Angeles,CA900581502 		NONE PC Food Rx Pilot program 60,000

March of Dimes

1550 Crystal Drive Suite 1300
Arlington,VA22202 		NONE PC Maternity Care Desert Report Supplement in 52 markets 300,000

Marjaree Mason Center

1600 M Street
Fresno,CA93721 		NONE PC Maternal Health Program 200,000

Mental Health America

500 Montgomery Street Suite 820
Alexandria,VA22314 		NONE PC MHA Screening for Early Intervention for Substance Use Disorders: Feasibility trials of online i... 1,166,666

Mental Health Association in Indiana

1431 N Delaware St
Indianapolis,IN46202 		NONE PC Regional Recovery Hub- Emergency Department Program 300,000

Metro Atlanta Recovery Residences

2815 Clearview Pl Ste 100
Doraville,GA30340 		NONE PC Right Side Up Residential Treatment Program for Impoverished Women and Children Affected 50,000

Muslim Community Health

803 W Layton Ave
Milwaukee,WI53221 		NONE PC Behavioral Health program 75,000

National WIC Association

1099 14th St NW Suite 510E
Washington,DC200053419 		NONE PC Increasing Access to Healthy Food through Farmers Markets program 196,667

Nexus Recovery Center

8733 La Prada Drive
Dallas,TX75228 		NONE PC Substance Use Disorder Treatment for Pregnant and Parenting Women with Children 50,000

Open Table Inc

7001 North 16th Street Suite 120-23
Phoenix,AZ85020 		NONE PC Growing Moms & Healthy Families through Open Table program 125,000

Partnership to End Addiction

711 Third Avenue 5th Floor Sutie
New York,NY10017 		NONE PC Digital Helpline Support for Pregnant and Postpartum People Struggling with Substance Use in New... 100,000

Postpartum Support Virginia Inc

PO Box 7521
Arlington,VA22207 		NONE PC Collaborative Rounds to Combat Disparities in Maternal Health program 184,220

Poverello Center

2056 N Dixie Highway
Wilton Manors,FL33305 		NONE PC Food is Medicine Medically Tailored Groceries 100,000

Prevention Action Alliance

6171 Huntley Rd Suite G
Columbus,OH43229 		NONE PC Mental Health Academy of Ohio program 166,667

Project Open Hand

730 Polk Street
San Francisco,CA94109 		NONE PC Comprehensive Wellness Services Including Medically Tailored Meals, Fresh Groceries and Nutritio... 50,000

Project Renewal Inc

200 Varick Street 9th Floor
New York,NY10014 		NONE PC Strengthening Substance Use Disorder (SUD) Support at Project Renewal program 100,000

Public Health Enterprises dba Heluna Hlth

Fiscal Sponsor for SisterWeb
San Francisco,CA94124 		NONE PC SisterWeb's San Francisco Community Doula Network program 250,000

Raising Health

5306 Third Avenue Second Floor
Brooklyn,NY112202601 		NONE PC FoodCare Program 30,000

Richmond Behavioral Health Foundation

107 S 5TH ST
RICHMOND,VA232193825 		NONE PC Substance Use Disorder Treatment Program for Pregnant and Parenting Women initiative 100,000

Robert F Kennedy Human Rights

88 Pine Street Suite 801
New York,NY10005 		NONE PC Ripple of Hope Award 500,000

Saint Josephs Mercy Care Services

424 Decatur St SE
Atlanta,GA30312 		NONE PC Substance Use Disorder Program 50,000

Salt and Light Works

6943 W Pershing Ct
Visalia,CA93291 		NONE PC Neighbor Care program 39,500

Second Harvest Food Bank of Southern WI

2802 Dairy Drive
Madison,WI53718 		NONE PC HungerCare Wellness Program 50,000

Shatterproof

101 Merritt 7 Corporate Park First
Norwalk,CT06851 		NONE PC Reducing Healthcare Providers' Addiction Stigma to Better Serve Socially Vulnerable Communities ... 1,800,000

Signature Health

7232 Justin Way
Mentor,OH44060 		NONE PC Equitable Access to Care: Expanding the Patient Navigator Program to Those with Substance Use Di... 116,667

Star House Foundation

1220 Corrugated Way
Columbus,OH43201 		NONE PC Carol Stewart Village and Star House Drop-in Center Program 75,000

Team Rubicon

5230 Pacific Concourse Drive Suite
Los Angeles,CA90045 		NONE PC Team Rubicon Ready Reserve Fund 300,000

Tent Ministries

1472 Dekalb Ave
Brooklyn,NY11237 		NONE PC Healthy Heart Bushwick 60,000

Thai Community Development Center

6376 Yucca Street Suite B
Los Angeles,CA90028 		NONE PC East Hollywood Certified Farmers Market WIC Market Match and CalFresh Enrollment program 37,500

The Chris Atwood Foundation Inc

PO Box 9282
Reston,VA20195 		NONE PC Recovering Housing program 50,000

The Extension Inc

PO Box 793
Marietta,GA30061 		NONE PC Reconnecting Families Program 90,000

Union Hospital Inc DBA R Lugar Center

1606 N 7th St
Terre Haute,IN478042706 		NONE PC Perinatal and Diabetes Healthy Food Prescription Program 113,333

Urban Baby Beginnings

PO Box 4255
Richmond,VA23220 		NONE PC Project ReByrth: Building Sustainable Maternal Health Community-Based Hubs program 550,000

Vibrant Emotional Health

50 Broadway 19th Floor
New York,NY10004 		NONE PC Disaster Services Crisis 225,000

VIRGINIA ASSOCIATION OF FREE AND CHARITAB

1401 Libbie Ave Suite 104
Richmond,VA23226 		NONE PC Supporting the Growth of Peer Recovery Specialists in Virginia's Free & Charitable Clinics program 166,667

Volunteers of America Mid-States

570 South 4th St Suite 100
Louisville,KY40202 		NONE PC Freedom House and Harm Reduction Efforts 75,000

Wellness Council of Indiana

115 W Washington St
Indianapolis,IN46204 		NONE PC Indiana Workforce Recovery program 180,000

Wisconsin Community Services

3732 W Wisconsin Avenue Suite 320
Milwaukee,WI532083166 		NONE PC Hub & Spoke Health Home Maternal Health Improvement Project program 75,000

Youth First

111 SE Third St Suite 405
Evansville,IN47708 		NONE PC Youth First Prevention & Early Intervention in Indiana Schools program 100,000

American Online Giving Foundation

PO Box 1010
Safety Harbor,FL34695 		NONE PC Associate Engagement Program grants 5,375,984
Total .................................right arrow 3a 31,436,231
bApproved for future payment

American Academy of Pediatrics
345 Park Blvd
Itasca,IL60143 		NONE PC Improving Adolescent Substance Use & Mental Health Outcomes Through Pediatric Primary Care program 181,500

American Heart Association
2300 Centrepark West Drive
West Palm Beach,FL33409 		NONE PC Building Healthier, Safer Communities Together program 405,905

Augusta Locally Grown
631 Chafee Ave Suite 102
Augusta,GA30904 		NONE PC Food As Medicine: A Proven Solution in Low-Access/Low-Income Communities of Color with High Rate... 50,000

Birthing Beautiful Communities
3043 Superior Ave
Cleveland,OH44114 		NONE PC Perinatal Support Program 250,000

Breaking Ground
505 8th Avenue Floor 5
New York,NY100186550 		NONE PC Increasing Accessibility of Harm Reduction Services for Those with Histories of Homelessness pro... 100,000

California Health Collaborative
1680 West Shaw Ave
Fresno,CA93711 		NONE PC Maternal Wellness (Perinatal Substance Use Task Force) Program 200,000

Centers for Families and Children
4500 Euclid Ave
Cleveland,OH441033736 		NONE PC Ensuring Optimal Health and Well-Being for Prenatal & Postpartum Clients and Babies program 162,835

Childrens Hospital Medical Center Akron
300 Locust St Suite 460
Akron,OH44302 		NONE PC Food Farmacy program 25,000

CHOC Foundation
1201 W La Veta Ave
Orange,CA928684203 		NONE PC Wellness on Wheels (WoW) program 100,000

Columbus Neighborhood Health Center
2780 Aiport Drive Suite 100
Columbus,OH43219 		NONE PC Healthy Pantry to Go Program 110,727

Communities In Schools of Appalachian Hig
280 Lee Street
Bristol,VA24201 		NONE PC Building Transformative Relationships to Reduce Mental Health & Substance-Use Disorder Risk Fact... 488,504

Community Access Inc
64 Beaver Street Suite 109
New York,NY10004 		NONE PC NYC Community Health Hub program 195,402

Downtown Women's Center
442 S San Pedro Street
Los Angeles,CA90013 		NONE PC Building Capacity to Address Substance Use Disorder for Women in Skid Row Program 100,000

Emergency Medicine Foundation
4950 West Royal Lane
Irving,TX75063 		NONE PC Emergency Quality Network (E-QUAL) - Substance Use Disorder Initiative program implemented by th... 366,667

Every Child Succeeds Inc
3333 Burnet Ave MLC 3005
Cincinnati,OH45229 		NONE PC Advancing Maternal Health Equity with Evidence-Based Home Visiting program 97,701

Faces and Voices of Recovery
10 G Street NE Suite 600
Washington,DC20002 		NONE PC Peer ReSource Digital Application program 216,667

Feeding America
161 North Clark St Suite 700
Chicago,IL60601 		NONE PC Feeding America - Food as Medicine program 4,700,000

Fletcher Group Inc
601 Meyers Baker Road
London,KY40741 		NONE PC SMART Recovery Life Skills Mutual Aid Groups Enhancing Access in Recovery Housing program 100,000

Food & Friends Inc
219 Riggs Rd NE
Washington,DC20011 		NONE PC Specialized Nutrition Services for Seriously Ill Virginians program 125,000

Food Pantries of the Capital District
32 Essex St
Albany,NY122062027 		NONE PC New York State Food as Medicine MTG Accelerator Program 325,670

Fund for the City of New York
121 Sixth Avenue 6th Floor
New York,NY100130000 		NONE PC Improving Health Among Medicaid Patients with Diet-Related Chronic Conditions: Medically Tailore... 358,237

Gay Mens Health Crisis
307 West 38th St
New York,NY10018 		NONE PC GMHC's Harm Reduction Program 195,402

Good Shepherd Gracenter
1310 Bacon St
San Francisco,CA94134 		NONE PC Transitional Housing Recovery Program for Homeless Women Seeking Long-Term Recovery From Addicti... 48,850

Greater Cincinnati Behavorial Health Serv
1501 Madison Rd
Cincinnati,OH45206 		NONE PC Expanding Open Access to Substance Use Disorder Treatment and Recovery program 80,000

Harvest Home
2118 Wilshire Blvd No 358
Santa Monica,CA904035704 		NONE PC Maternal Health Continuum of Care program 80,000

Health Initiative Inc
PO Box 3858
Attleboro,MA02703 		NONE PC Increase Access to Healthy Food by Enabling Support/Investment in FAM Organiziations program 418,500

HealthConnect One
227 West Monroe Street Suite
Chicago,IL60606 		NONE PC Advancing Inclusive Community-Based Birth Worker Support: Centering Birthing Families and Amplif... 977,008

Hocking-Anthens Perry Community Action
3 Cardaras Dr
Glouster,OH45732 		NONE PC Bringing Healthy Home program 100,000

Homeboy Industries
130 W Bruno St
Los Angeles,CA90012 		NONE PC Promoting Mental Wellbeing and Resiliency for Systems-Impacted People: Homeboy's Health and Well... 195,402

Homeless Families Foundation
33 N Grubb St
Columbus,OH432152749 		NONE PC Homelessness Prevention for Pregnant Women and New Moms program 195,402

Housing Works
57 Willoughby Street 2nd Floor
Brooklyn,NY11201 		NONE PC Care Your Way' Digital Food Market Home-Delivers Healthy Food to Low-Income New Yorkers with Ch... 195,402

IAAAA Education Institute
4701 N Keystone Ave Ste 402
Indianapolis,IN46260 		NONE PC Connecting Older Hoosiers with Healthful Foods program 2,724,717

Kent State University Foundation
PO Box 5190
Kent,OH44242 		NONE PC The Spirit of Motherhood program 195,402

LA Family Housing
7843 Landershim Blvd
N Hollywood,CA91605 		NONE PC Substance Use & Mental Health Programs for People Experiencing Homelessness in Permanent Support... 162,835

Mental Health America
500 Montgomery Street Suite 820
Alexandria,VA22314 		NONE PC MHA Screening for Early Intervention for Substance Use Disorders: Feasibility trials of online i... 1,166,667

Mental Health Association in Indiana
1431 N Delaware St
Indianapolis,IN46202 		NONE PC Regional Recovery Hub- Emergency Department Program 586,205

National WIC Association
1099 14th St NW Suite 510E
Washington,DC200053419 		NONE PC Increasing Access to Healthy Food through Farmers Markets program 384,290

Partnership to End Addiction
711 Third Avenue 5th Floor Sutie
New York,NY10017 		NONE PC Digital Helpline Support for Pregnant and Postpartum People Struggling with Substance Use in New... 195,402

Prevention Action Alliance
6171 Huntley Rd Suite G
Columbus,OH43229 		NONE PC Mental Health Academy of Ohio program 166,666

Project Open Hand
730 Polk Street
San Francisco,CA94109 		NONE PC Comprehensive Wellness Services Including Medically Tailored Meals, Fresh Groceries and Nutritio... 50,000

Project Renewal Inc
200 Varick Street 9th Floor
New York,NY10014 		NONE PC Strengthening Substance Use Disorder (SUD) Support at Project Renewal program 100,000

Salt and Light Works
6943 W Pershing Ct
Visalia,CA93291 		NONE PC Neighbor Care program 39,500

Shatterproof
101 Merritt 7 Corporate Park First
Norwalk,CT06851 		NONE PC Reducing Healthcare Providers' Addiction Stigma to Better Serve Socially Vulnerable Communities ... 1,800,000

Signature Health
7232 Justin Way
Mentor,OH44060 		NONE PC Equitable Access to Care: Expanding the Patient Navigator Program to Those with Substance Use Di... 116,666

Star House Foundation
1220 Corrugated Way
Columbus,OH43201 		NONE PC Carol Stewart Village and Star House Drop-in Center Program 75,000

The Chris Atwood Foundation Inc
PO Box 9282
Reston,VA20195 		NONE PC Recovering Housing program 50,000

The Extension Inc
PO Box 793
Marietta,GA30061 		NONE PC Reconnecting Families Program 90,000

Union Hospital Inc DBA R Lugar Center
1606 N 7th St
Terre Haute,IN478042706 		NONE PC Perinatal and Diabetes Healthy Food Prescription Program 113,333

VIRGINIA ASSOCIATION OF FREE AND CHARITAB
1401 Libbie Ave Suite 104
Richmond,VA23226 		NONE PC Supporting the Growth of Peer Recovery Specialists in Virginia's Free & Charitable Clinics program 325,669

Wellness Council of Indiana
115 W Washington St
Indianapolis,IN46204 		NONE PC Indiana Workforce Recovery program 180,000

Wisconsin Community Services
3732 W Wisconsin Avenue Suite 320
Milwaukee,WI532083166 		NONE PC Hub & Spoke Health Home Maternal Health Improvement Project program 75,000

Youth First
111 SE Third St Suite 405
Evansville,IN47708 		NONE PC Youth First Prevention & Early Intervention in Indiana Schools program 100,000

Overdose-Lifeline Inc
1100 W 42nd Street Ste 240
INDIANAPOLIS,IN46208 		NONE PC Making Our Moms Stronger (MOMs) program 70,000

Child & Family Services of Eastern VA
150 Boush St Ste 500
Norfolk,VA235101664 		NONE PC Up Center's Center of Excellence Maternal Health Hub 233,333

Community Health Center of Richmond
235 Port Richmond Ave
Staten Island,NY10302 		NONE PC Maternal Child Health Program 374,519

Morehouse School of Medicine
720 WESTVIEW DRIVE S W
Atlanta,GA30310 		NONE PC Narrowing the Maternal Health Inequity Gap through Training program 575,000

Centering Healthcare Institute
89 SOUTH ST STE 404
Boston,MA02111 		NONE PC Increasing Access to CenteringPregnancy: A Focus on FQHCs 2,864,164

ExtraFood
907 Sir Francis Drake Blvd
Kentfield,CA94904 		NONE PC Sustainable Food Rescue program 90,000

Footprint Project
1964 Rahncliff Court 22068
Eagan,MN55122 		NONE PC Healthier Power Initiative 130,000

Santa Maria Hostel
2605 Parker Road
Houston,TX77093 		NONE PC Caring for Two - Intervention, Treatment and Support program 195,402

Virginia Primary Care Association
3831 Westerre Pkwy Suite 2
Henrico,VA232331330 		NONE PC Food As Medicine for Virginia's Community Health Centers initiative 381,888

Volunteers of America Ohio & Indiana
4181 E 96th St Suite 280
Indianapolis,IN46240 		NONE PC Fresh Start Connect program 2,678,545

We Don't Waste Inc
6090 E 39th Ave
Denver,CO80207 		NONE PC Food Recovery and Distribution program 75,000

American Online Giving Foundation
PO Box 1010
Safety Harbor,FL34695 		NONE PC Associate Engagement Program grants 801,894
Total ................................. right arrow 3b 28,312,878
Form 990-PF (2023)
Form 990-PF (2023)
Page 12
Part XV-A
Analysis of Income-Producing Activities
Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
Related or exempt
function income
(See instructions.)
1Program service revenue: (a)
Business code 		(b)
Amount 		(c)
Exclusion code 		(d)
Amount
a
b
c
d
e
f
gFees and contracts from government agencies          
2 Membership dues and assessments ....          
3 Interest on savings and temporary cash
investments ........... 		         
4 Dividends and interest from securities ....     14 2,394,369  
5 Net rental income or (loss) from real estate:
aDebt-financed property......          
bNot debt-financed property.....          
6 Net rental income or (loss) from personal property          
7 Other investment income .....          
8 Gain or (loss) from sales of assets other than
inventory ............ 		    18 1,505,564  
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue: a
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e) .. 0 3,899,933 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
3,899,933
(See worksheet in line 13 instructions to verify calculations.)
Part XV-B
Relationship of Activities to the Accomplishment of Exempt Purposes
Line No.
DownArrow 		Explain below how each activity for which income is reported in column (e) of Part XV-A contributed importantly to
the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
instructions.)
1a NOT APPLICABLE
Form 990-PF (2023)
Form 990-PF (2023)
Page 13
Part XVI
Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
1
Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
Yes
No
a
Transfers from the reporting foundation to a noncharitable exempt organization of:
(1) Cash...................................
1a(1)
 
No
(2) Other assets.................................
1a(2)
 
No
b
Other transactions:
(1) Sales of assets to a noncharitable exempt organization....................
1b(1)
 
No
(2) Purchases of assets from a noncharitable exempt organization..................
1b(2)
 
No
(3) Rental of facilities, equipment, or other assets.......................
1b(3)
 
No
(4) Reimbursement arrangements...........................
1b(4)
 
No
(5) Loans or loan guarantees.............................
1b(5)
 
No
(6) Performance of services or membership or fundraising solicitations................
1b(6)
 
No
c
Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
1c
 
No
d
If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
(a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
2a
Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
b
If "Yes," complete the following schedule.

(a) Name of organization (b) Type of organization (c) Description of relationship
Sign Here
Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
right arrow right arrow
May the IRS discuss this return
with the preparer shown below?
See instructions.
Signature of officer or trustee Date Title
Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date Check if self-
employed right arrow		 PTIN
Firm's name SmallBullet
 Firm's EIN SmallBullet
Firm's address SmallBullet


 Phone no.
Form 990-PF (2023)
Additional Data


Software ID: 23017437
Software Version: 2023v5.1


Form 990PF - Special Condition Description:
Special Condition Description
Schedule B
(Form 990)
Department of the Treasury
Internal Revenue Service
Schedule of Contributors

Arrow Bullet Attach to Form 990, 990-EZ, or 990-PF.
Arrow Bullet Go to www.irs.gov/Form990 for the latest information.
OMB No. 1545-0047
2023
Name of the organization
Elevance Health Foundation Inc
 
Employer identification number

35-2122763
Organization type (check one):
Filers of:
Section:
Form 990 or 990-EZ






Form 990-PF




Check if your organization is covered by the General Rule or a Special Rule.  
Note: Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
General Rule
Special Rules
......... Arrow Bullet $  
Caution: An organization that isn't covered by the General Rule and/or the Special Rules doesn't file Schedule B (Form 990,
990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its Form 990-EZ
or on its Form 990PF, Part I, line 2, to certify that it doesn't meet the filing requirements of Schedule B (Form 990,
990-EZ, or 990-PF).
For Paperwork Reduction Act Notice, see the Instructions
for Form 990, 990-EZ, or 990-PF.
Cat. No. 30613XSchedule B (Form 990) (2023)
Schedule B (Form 990) (2023) Page 2
Name of organization
Elevance Health Foundation Inc
  		Employer identification number
35-2122763
Part I
Contributors
Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
1
Elevance Health
 
220 Virginia Avenue
 
Indianapolis, IN46204

$ 50,000,000


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
Schedule B (Form 990) (2023)
Schedule B (Form 990) (2023)
Page 3
Name of organization
Elevance Health Foundation Inc
  		Employer identification number

35-2122763
Part II
Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
Schedule B (Form 990) (2023)
Schedule B (Form 990) (2023)
Page 4
Name of organization
Elevance Health Foundation Inc
  		Employer identification number

35-2122763
Part III
Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet$  
Use duplicate copies of Part III if additional space is needed.
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
Schedule B (Form 990) (2023)
Additional Data


Software ID: 23017437
Software Version: 2023v5.1

TY 2023 AccountingFeesSchedule
Name:
Elevance Health Foundation Inc
EIN:
35-2122763
Software ID:
23017437
Software Version:
2023v5.1
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Accounting Fees 28,250 8,470 0 19,780

Note: To capture the full content of this document, please select landscape mode (11" x 8.5") when printing.

TY 2023 GainLossSaleOtherAssetsSch
Name:
Elevance Health Foundation Inc
EIN:
35-2122763
Software ID:
23017437
Software Version:
2023v5.1
Name Date Acquired How Acquired Date Sold Purchaser Name Gross Sales Price Basis Basis Method Sales Expenses Total (net) Accumulated Depreciation
Marketable Securities 2022-01 P 2023-12   19,329,133 17,823,569     1,505,564  

TY 2023 InvestmentsOtherSchedule2
Name:
Elevance Health Foundation Inc
EIN:
35-2122763
Software ID:
23017437
Software Version:
2023v5.1
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
Vanguard FMV 69,123,506 48,599,099
Harrison Sreeet FMV 13,867,104 13,867,104
Wellington FMV 4,605,874 4,605,874
Arrowstreet FMV 27,089,190 27,089,190
Baird FMV 45,657,100 66,181,507

TY 2023 OtherAssetsSchedule
Name:
Elevance Health Foundation Inc
EIN:
35-2122763
Software ID:
23017437
Software Version:
2023v5.1
Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
Distributions Receivable - Partnerships 20,627 147,072 147,072
Federal Excise Tax Receivable 80,082 12,313 12,313


TY 2023 OtherExpensesSchedule
Name:
Elevance Health Foundation Inc
EIN:
35-2122763
Software ID:
23017437
Software Version:
2023v5.1
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Other Administrative Expenses 1,130,292     1,130,292
Bank/Investment Charges 330,808 330,808    
Partnership Expenses   1,906    
Insurance Expense 5,931     5,931
Miscellaneous Expense 708     707
Current and Deferred Excise Taxes 246,427      


TY 2023 OtherIncomeSchedule2
Name:
Elevance Health Foundation Inc
EIN:
35-2122763
Software ID:
23017437
Software Version:
2023v5.1
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
Partnership Income   1,708,672  


TY 2023 OtherIncreasesSchedule
Name:
Elevance Health Foundation Inc
EIN:
35-2122763
Software ID:
23017437
Software Version:
2023v5.1
Description Amount
Unrealized Gain from Investments 12,238,052


TY 2023 OtherLiabilitiesSchedule
Name:
Elevance Health Foundation Inc
EIN:
35-2122763
Software ID:
23017437
Software Version:
2023v5.1
Description Beginning of Year - Book Value End of Year - Book Value
Deferred Federal Excise Taxes 184,805 353,463
Accrued Professional Service 31,250 31,000


TY 2023 OtherProfessionalFeesSchedule
Name:
Elevance Health Foundation Inc
EIN:
35-2122763
Software ID:
23017437
Software Version:
2023v5.1
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
BCBS License Fee 1,000     1,000


TY 2023 SubstantialContributorsSch
Name:
Elevance Health Foundation Inc
EIN:
35-2122763
Software ID:
23017437
Software Version:
2023v5.1
Name Address
Elevance Health Inc
  		220 Virginia Ave
Indianapolis,IN46204


TY 2023 TaxesSchedule
Name:
Elevance Health Foundation Inc
EIN:
35-2122763
Software ID:
23017437
Software Version:
2023v5.1
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Foreign Taxes Paid   193,545    


TY 2023 TransfersFrmControlledEntities
Name:
Elevance Health Foundation Inc
EIN:
35-2122763
Software ID:
23017437
Software Version:
2023v5.1
Name US /
Foreign Address		 EIN Description Amount
Anthem Blue Cross Foundation LLC 220 Virginia Avenue
Indianapolis,IN46204 		20-0348642 disregarded entity 0
Anthem Blue Cross and Blue Shield Foundation LLC 220 Virginia Avenue
Indianapolis,IN46204 		35-2122763 disregarded entity 0
Amerigroup Charitable Foundation LLC 220 Virginia Avenue
Indianapolis,IN46204 		35-2122763 disregarded entity 0
CareMore Foundation LLC 220 Virginia Avenue
Indianapolis,IN46204 		35-2122763 disregarded entity 0
WellPoint Military Care Foundation LLC 220 Virginia Avenue
Indianapolis,IN46204 		35-2122763 disregarded entity 0
UniCare Foundation LLC 220 Virginia Avenue
Indianapolis,IN46204 		35-2122763 disregarded entity 0
National Government Services Foundation LLC 220 Virginia Avenue
Indianapolis,IN46204 		35-2122763 disregarded entity 0
Simply Healthcare Foundation LLC 220 Virginia Avenue
Indianapolis,IN46204 		99-9999999 disregarded entity 0
Total