About The Wellmark Foundation
 
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The Wellmark Foundation is a private, non-profit foundation created by Wellmark Blue Cross and Blue Shield of Iowa.

Vision

The Wellmark Foundation seeks to measurably improve the health of Iowans, South Dakotans, and their communities.

Mission

The mission of the Wellmark Foundation is to efficiently and effectively facilitate the continual improvement of health status within Iowa and South Dakota communities by providing financial and technical assistance.

Focus

The Foundation provides matching funds to non-profit organizations [501(c)(3)] or public/governmental entities to help local communities establish or expand projects that impact health status. To maximize impact, the Foundation's funding priorities targets its philanthropy. Projects should demonstrate strong community support, evidence of ongoing financial support, and significant potential for replication.

History

In 1991, the IASD Health Services Corp. (now Wellmark, Inc.) Board of Directors appropriated $5 million for the establishment of a 501(c)(3) private foundation under 509(a) of the Internal Revenue Code. The endowment has subsequently grown through additional corpus investments and portfolio earnings.


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The Wellmark Foundation is an Independent Licensee of the Blue Cross and Blue Shield Association. Blue Cross®, Blue Shield®, and the Cross® and Shield® symbols are registered marks of the Blue Cross and Blue Shield Association, an Association of Independent Blue Cross and Blue Shield Plans.