Totals
- Total revenue
- $1,798,807
- Total expenses
- $1,403,967
- Contributions and grants received
- $1,559,955
- Grants paid
- $1,156,978
- Program service revenue
- $0
- Investment income
- $238,852
- Other revenue
- $0
- Total assets, end of year
- $5,767,030
- Total liabilities, end of year
- $59,303
- Net assets or fund balances, end of year
- $5,707,727
- Program services expenses (Part IX)
- $1,252,547
- Management and general expenses
- $81,976
- Fundraising expenses
- $69,444
- Program service expenses (Part III)
- $1,252,547
Program services were 89.2% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1d · Related organizations
$795,000
-
1f · All other contributions, gifts and grants
$764,955
-
2f · All other program service revenue
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
3 · Investment income
total $238,852 · excluded $238,852
-
6c · Rental income or loss
real property $0 · personal property $0
-
7c · Gain or loss
securities $0 · other assets $0
-
8c · Net income from fundraising events
total $0
-
11d · All other revenue
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
11e · Other revenue, total
$0
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $1,114,978 · program services $1,114,978
-
2 · Grants to domestic individuals
total $39,000 · program services $39,000
-
3 · Grants to foreign organizations and individuals
total $3,000 · program services $3,000
-
11a · Fees: management
total $202,315 · program services $95,569 · management and general $49,364 · fundraising $57,382
-
11c · Fees: accounting
total $9,634 · management and general $9,634
-
11f · Fees: investment management
total $213 · management and general $213
-
11g · Fees: other
total $28,719 · program services $0 · management and general $16,657 · fundraising $12,062
-
23 · Insurance
total $6,108 · management and general $6,108
-
24e · All other expenses
total $0 · program services $0 · management and general $0 · fundraising $0
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $109,966 · end of year $38,667
-
2 · Savings and temporary cash investments
beginning of year $0 · end of year $2,205,110
-
3 · Pledges and grants receivable
beginning of year $130,276 · end of year $330,290
-
4 · Accounts receivable
beginning of year $0 · end of year $0
-
5 · Loans and receivables from officers and key people
beginning of year $0 · end of year $0
-
6 · Loans and receivables from disqualified persons
beginning of year $0 · end of year $0
-
7 · Other notes and loans receivable
beginning of year $0 · end of year $0
-
8 · Inventories for sale or use
beginning of year $0 · end of year $0
-
9 · Prepaid expenses and deferred charges
beginning of year $0 · end of year $0
-
10a · Land, buildings and equipment: cost or other basis
$0
-
10b · Land, buildings and equipment: accumulated depreciation
$0
-
10c · Land, buildings and equipment, net
beginning of year $0 · end of year $0
-
11 · Investments: publicly traded securities
beginning of year $5,070,296 · end of year $3,192,963
-
12 · Investments: other securities
beginning of year $0
-
13 · Investments: program-related
beginning of year $0
-
14 · Intangible assets
beginning of year $0 · end of year $0
-
15 · Other assets
beginning of year $0 · end of year $0
-
17 · Accounts payable and accrued expenses
beginning of year $106,577 · end of year $59,303
-
18 · Grants payable
beginning of year $0 · end of year $0
-
19 · Deferred revenue
beginning of year $0 · end of year $0
-
20 · Tax-exempt bond liabilities
beginning of year $0 · end of year $0
-
21 · Escrow or custodial account liability
beginning of year $0 · end of year $0
-
22 · Loans and payables to officers and key people
beginning of year $0 · end of year $0
-
23 · Secured mortgages and notes payable
beginning of year $0 · end of year $0
-
24 · Unsecured notes and loans payable
beginning of year $0 · end of year $0
-
25 · Other liabilities
beginning of year $0 · end of year $0
-
27 · Net assets without donor restrictions
beginning of year $2,425,298 · end of year $3,792,010
-
28 · Net assets with donor restrictions
beginning of year $2,778,663 · end of year $1,915,717
Mission and programs · 2024
Mission
Elevance Health CARES was created for associates by associates as a way to support them in times of personal hardship and disaster. Elevance Health CARES provides essential assistance during some of life's most challenging moments through several signature programs.
-
THE ELEVANCE HEALTH CARES FUND IS AN EMERGENCY RELIEF FUND FOR EMPLOYEES OF ELEVANCE HEALTH INC. AND THEIR SPOUSES OR ELIGIBLE DEPENDENTS WHO ARE IN NEED OF FINANCIAL ASSISTANCE BECAUSE OF A QUALIFIED DISASTER, PERSONAL HARDSHIP, OR OTHER EMERGENCY.
Expenses $1,161,088 · Grants $1,100,000
-
The Elevance Health CARES Memorial Scholarship Fund is a program to assist surviving children of Elevance Health inc. associates who have lost their lives during their time of employment.
Expenses $53,786 · Grants $42,000
-
ELEVANCE HEALTH CHAMPIONS HELP TO BUILD AWARENESS AND MAKE DONATIONS TO HEALTH-RELATED TAX-EXEMPT ORGANIZATIONS AND PROGRAMS ACROSS THE COUNTRY.
Expenses $27,695 · Grants $5,000
-
The Elevance Health CARES community grants program provides pre-positioned, emergency response funding and programmatic support of disaster relief efforts.
Expenses $9,978 · Grants $9,978
As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Lance R Chrisman
Board of Directors Chair
- Total calculated
- $0
- Hours/week
- 2 + 38 related
-
Leah M Birk
Vice President
- Total calculated
- $0
- Hours/week
- 2 + 38 related
-
Maggie T Bowden
President
- Total calculated
- $0
- Hours/week
- 2 + 38 related
-
Katie Heenan
Board of Directors
- Total calculated
- $0
- Hours/week
- 2 + 38 related
-
Eric K Noble
Assistant Treasurer
- Total calculated
- $0
- Hours/week
- 0.5 + 39.5 related
-
Kathleen S Kiefer
Secretary
- Total calculated
- $0
- Hours/week
- 0.5 + 39.5 related
-
Michael LockardMICHAEL LOCKARD
EXECUTIVE DIRECTOR (END 01/2024)
- Total calculated
- $0
- Hours/week
- 39 + 1 related
-
Sara R Schluge
Assistant Secretary
- Total calculated
- $0
- Hours/week
- 4 + 20 related
-
Taylor Rhodes
Executive Director (BEG 02/2024)
- Total calculated
- $0
- Hours/week
- 39 + 1 related
-
Vincent E Scher
Treasurer
- Total calculated
- $0
- Hours/week
- 0.5 + 39.5 related
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
-
Emergency Assistance Foundation
$1,100,000
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
501(c)(3) · GRANT MAKING · IN
Directly controlled by NA
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 10 October 2025
- IRS schema version
- 2024v5.1
- Source object
- 202522839349301347
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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