Palm Healthcare Foundation

What Palm Healthcare Foundation does

Palm Health Foundation (legally Palm Healthcare Foundation, Inc.) is a 501(c)(3) nonprofit community foundation established in 2001 in West Palm Beach, Florida, created as the successor to the Good Samaritan and St. Mary's Medical Center Foundations with an initial $50 million in assets. The foundation operates as Palm Beach County's community foundation for health, deploying a 9-person staff and more than $98 million in cumulative grants across three strategic pillars: Building a Culture of Health, Advancing Brain Health, and Strengthening the Health Professions. Its programs include place-based Healthier Together initiatives in six Palm Beach County communities (Boynton Beach, Delray Beach, Glades, Jupiter, Lake Worth Beach, and Neighbors), the BeWellPBC county-wide behavioral health collective impact initiative, an annual Train the Brain campaign, the Palm Beach County NeuroArts Collaborative, and a recently released 5-Year Strategic Plan titled "Humanizing Health: Leading Change with Dignity for All."

The foundation's core offerings consist of charitable funds (Brain Health Innovation Fund, NeuroArts Fund, Community Changemakers Fund, Thriving Communities Fund), needs-based scholarship programs for nursing and behavioral health professions (cumulative $4.6 million+ awarded across more than 1,000 recipients since 2001), and infrastructure stewardship at the Palm Healthcare Pavilion on the St. Mary's Medical Center campus, which provides free venue space to health-focused nonprofits including NAMI/PBC, BeWellPBC, the Center for Child Counseling, the Community Health Center of West Palm Beach, and the American Healthcare Institute. The foundation is a programmatic grantmaking and convening platform, not a technology product company; its intellectual property consists of a registered "BRAIN COAST" trademark and the 2020-2021 Robert Wood Johnson Foundation Culture of Health Prize awarded to Palm Beach County.

The business model is donations-based: the foundation raises funds from individual donors, family funds, and institutional donors through online donations, checks, wire transfers, stock gifts, cryptocurrency, donor-advised fund grants, and planned/legacy gifts, then redistributes capital via grants, scholarships, and program funding. All programs and services are provided free of charge to the community; the foundation charges no fees for fund administration. Notable funders include the Robert Wood Johnson Foundation (Culture of Health Prize), the Merrell Family Foundation, Frances and Jeffrey Fisher, Valley Bank (NeuroArts seed funding), and a major multi-year operational gift from CVS Health. Assets have grown from $50 million in 2001 to more than $90 million today through prudent stewardship and reinvestment.

Name

Palm Healthcare Foundation

Legal name

Palm Healthcare Foundation, Inc., dba Palm Health Foundation

Website

https://palmhealthfoundation.org

Company type

Private

Founded year

2001

Operating status

Operating

Headcount range

1–10 employees

Short description

Palm Health Foundation is a 501(c)(3) community foundation for health in West Palm Beach, Florida. Founded in 2001, it stewards over $90 million in assets and has invested $98 million in grants to advance brain health and strengthen health professions across Palm Beach County.

Ownership category

akta.pro rank

Product category

Community Health Foundation

NAICS

Grantmaking Foundations (813211), Voluntary Health Organizations (813212), Grantmaking and Giving Services (81321)

akta.pro primary industry

Health & Medical Research Grantmaking Foundations (BPAGAKAL)

akta.pro secondary industries

Community Foundations (BPAGAKAB), Community Health & Prevention Program Funding (HLAJALAF), Chronic Disease & Health Promotion Program Funding (HLAJALAJ)

Keywords

• Community health foundation
• Health professions scholarships
• Community grantmaking
• Brain health initiatives
• Health workforce development

Headquarters

HQ city

West Palm Beach

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Others, Personnel, Operations, Marketing or Sales, Infrastructure

Revenue model

1. Donor Contributions and Charitable Giving: Palm Health Foundation raises funds from individual donors, family funds, and institutional donors to support its charitable mission of improving health in Palm Beach County. The foundation accepts various giving methods including online donations, checks, wire transfers, stock gifts, cryptocurrency, donor advised fund grants, and planned/legacy gifts.
2. Scholarship Fund Administration: The foundation administers named scholarship funds established by donors, including nursing and behavioral health scholarship funds. Donors can establish scholarship funds to support students pursuing healthcare careers.
3. Charitable Fund Stewardship: Palm Health Foundation stewards charitable funds including donor advised funds, field of interest funds, designated funds, and endowed funds. The foundation charges no fees for fund administration as a community foundation.

Go-to-market motion1 record

Distribution channels6 records

Marketing channels8 records

Core offering

Palm Health Foundation is a 501(c)(3) community foundation for health operating scholarship programs (nursing and behavioral health), charitable funds (Brain Health Innovation, NeuroArts, Community Changemakers, Thriving Communities), and community health initiatives (Healthier Together across six communities, BeWellPBC, Train the Brain, NeuroArts Collaborative). It stewards donor contributions and grants them out to advance brain health, strengthen health professions, and build a culture of health in Palm Beach County.

Product overview

Palm Health Foundation is a community foundation for health operating as a platform of charitable funds and community health programs rather than a unified technology product. The foundation's offerings include scholarship programs for nursing and mental health professions, charitable funds (Brain Health Innovation Fund, NeuroArts Fund, Community Changemakers Fund, Thriving Communities Fund), and community health initiatives such as Healthier Together, BeWellPBC, Train the Brain campaign, and the Palm Beach County NeuroArts Collaborative. These programs work together to advance brain health, strengthen health professions, and build a culture of health across Palm Beach County.

Differentiator

Problem solved

Functional benefit

Brands

• BeWellPBC: County-wide behavioral health and wellness collective impact initiative
• Healthier Together
• Palm Beach County NeuroArts Collaborative
• Train the Brain
• Healthier Boynton Beach, Healthier Glades, Healthier Delray Beach, Healthier Jupiter, Healthier Lake Worth Beach, Healthier Neighbors

Products and services

• Nursing Professions Scholarship Fund Needs-based scholarships supporting students pursuing nursing education at undergraduate, graduate, and doctorate levels to strengthen Palm Beach County's nursing workforce.
• Mental Health Professions Scholarship Fund
• Brain Health Innovation Fund Catalytic fund advancing new technologies, treatments, resources, and educational tools for better brain health in Palm Beach County as part of the Brain Coast Vision.
• NeuroArts Fund Supports the emerging field of neuroarts and advances local brain health by inspiring collaboration between Palm Beach County's cultural assets and world-class brain science institutions.
• Healthier Together Initiative Community-led initiative addressing social determinants of health through resident-centered solutions in six Palm Beach County communities, focusing on diabetes, behavioral health, and family caregiving.
• BeWellPBC County-wide behavioral health and wellness collective impact initiative bringing together residents, providers, and systems to create a more responsive and equitable system of behavioral health supports.
• Train the Brain Campaign Annual October campaign promoting brain health awareness and education across Palm Beach County, featuring free experiential and educational events to help residents understand brain health importance.
• Palm Beach County NeuroArts Collaborative Convened by Palm Health Foundation, brings together local leaders in brain science and the arts to identify and map partners, programs, and resources supporting neuroarts advancement in South Florida.
• Community Changemakers Fund Invests in resident-led ideas, small organizations, and local solutions that strengthen health from the ground up, providing flexible support for community-informed approaches.
• Thriving Communities Fund Supports initiatives strengthening neighborhoods and improving wellbeing by addressing conditions that shape health and opportunity across Palm Beach County.

Quantifiable outcome

• Over $98 million invested in Palm Beach County health since 2001
• +6 more outcomes

Named customers7 records

Segments5 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

16 partnerships are on record, tiered core and secondary.

• Florida Atlantic University (FAU) Sandler School of Social WorkcoreStrategic or Co-development PartnerPalm Health Foundation provides continued support for paid practicum experiences for FAU Sandler School of Social Work MSW students, removing financial barriers and growing the behavioral health workforce in Palm Beach County.
• FAU Stiles-Nicholson Brain InstitutecoreStrategic or Co-development PartnerKey partner in the Brain Coast Alliance, conducting neuroscience research and educational programs. Palm Health Foundation provided a $500,000 challenge grant for The Center for The Resilient Mind at the institute.
• Max Planck Florida Institute for NeurosciencecoreStrategic or Co-development PartnerPart of the Brain Coast Alliance of six institutions working to establish Palm Beach County as a national hub for brain science and innovation.
• Herbert Wertheim UF Scripps Institute for Biomedical Innovation & TechnologycoreStrategic or Co-development PartnerBrain Coast Alliance partner contributing to the vision of South Florida as a brain economy hub.
• American Heart AssociationsecondaryStrategic or Co-development PartnerPartner in Culture of Health Network, attending Help Conference focused on health equity through plant-forward initiatives. Representative participated in Leadership Lab program.
• Healthier Boynton BeachcoreStrategic or Co-development PartnerHealthier Together initiative partner focused on inspiring and improving lives of caregivers in Boynton Beach through community health programs.
• Healthier GladescoreStrategic or Co-development PartnerHealthier Together initiative partner assisting Glades residents in coping with life stressors and creating mental well-being.
• Digital Vibez, Inc.secondaryStrategic or Co-development PartnerLocal partner working with Palm Health Foundation on the Let's Move Physical Activity Challenge, inviting residents to form teams and commit to exercise.
• Cultural Council for Palm Beach CountysecondaryStrategic or Co-development PartnerPartner in the Palm Beach County NeuroArts Collaborative, bringing local cultural assets together with brain science institutions.
• Alpert Jewish Family ServicesecondaryStrategic or Co-development PartnerAdministers Mental Health First Aid program for Palm Health Foundation, teaching community members to identify and help those experiencing mental health crises.
• Cox Science Center and AquariumsecondaryStrategic or Co-development PartnerFeatures the Journey Through the Human Brain Exhibit, part of brain health ecosystem supported by Palm Health Foundation initiatives.
• University of Miami Miller School of Medicine - Comprehensive Center for Brain HealthsecondaryStrategic or Co-development PartnerPartner presenting at Brain Health Across the Lifespan session for PBC CHIP and Healthcare Council, contributing to Brain Coast Vision translation.
• Children's Services Council of Palm Beach CountycoreStrategic or Co-development PartnerCollaborated with Palm Health Foundation on Robert Wood Johnson Foundation Culture of Health Prize application, representing alliance of over 300 organizations supporting children's health.
• Palm Beach County Youth Services DepartmentcoreStrategic or Co-development PartnerCollaborated on Culture of Health Prize application; funds community agencies serving youth and families; represented on Community Investment Committee.
• The Palm BeachessecondaryStrategic or Co-development PartnerTourism/marketing organization partnering in NeuroArts Collaborative to advance brain health and position the region as Brain Coast.
• St. Mary's Medical CentersecondaryStrategic or Co-development PartnerPalm Healthcare Pavilion is located on the St. Mary's Medical Center campus; foundation was created in 2001 as successor to St. Mary's Medical Center Foundation.

Scale indicators15 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• California Health Care Foundation: California Health Care Foundation is a much larger statewide health philanthropy with an endowment of approximately $1 billion, focused on health care delivery, behavioral health, and health equity. It is a broad incumbent in the same sector, with a comparable mission footprint but at substantially greater scale and geographic scope.
• Robert Wood Johnson Foundation: Robert Wood Johnson Foundation is the largest US philanthropy focused on health and health equity, with assets above $13 billion. As the awarding body of the Culture of Health Prize that Palm Health Foundation won, RWJF is a peer/incumbent operating in the same mission space but at dramatically larger scale.
• Blue Cross Blue Shield Foundation of Florida (Florida Blue Foundation): Florida Blue Foundation is the philanthropic arm of Florida Blue, focused on health equity, behavioral health, and health workforce development across Florida. It is a broad incumbent operating statewide with a comparable health mission and grantmaking approach.

Direct peers

• Missouri Foundation for Health: Missouri Foundation for Health is a regional health conversion foundation that funds health-related initiatives, workforce development, and community health programs across Missouri. Like Palm Health Foundation, it grew out of a health conversion and operates a regional grantmaking model with comparable scale and program portfolio.
• Northwest Health Foundation: Northwest Health Foundation is a regional health foundation focused on health equity in Oregon and Southwest Washington. Its emphasis on community-led grantmaking, behavioral health, and health systems transformation makes it structurally similar to Palm Health Foundation.
• The Colorado Health Foundation: The Colorado Health Foundation is a large health conversion foundation with assets above $2 billion, focused on community health, behavioral health, and health equity in Colorado. It is one of the most comparable large-scale health foundations in the US in terms of mission, structure, and statewide community-led grantmaking approach.
• The Health Foundation of Greater Indianapolis: The Health Foundation of Greater Indianapolis is a community health foundation focused on Marion County health and behavioral health workforce development. Its mix of place-based initiatives, health professions support, and community-led grantmaking closely mirrors Palm Health Foundation's structure and strategy.
• Quantum Foundation: Quantum Foundation is a West Palm Beach-based health conversion foundation that invests in Palm Beach County health and community programs. It is the most direct local peer to Palm Health Foundation, operating in the same geography with a similar community health mission and grantmaking model.
• Allegany Franciscan Ministries: Allegany Franciscan Ministries is a Florida-based health conversion foundation supporting community health and behavioral health initiatives across the state. It is a direct peer in geography, scale, and mission focus on community health equity.
• The Health Trust (Silicon Valley): The Health Trust is a community health foundation in Silicon Valley focused on health equity, healthy communities, and behavioral health. Its mission focus, community grantmaking approach, and portfolio structure (including workforce and place-based initiatives) make it a structurally comparable peer.

Market position

Weaknesses5 records

Competitive moat6 records

Key risks5 records

Key highlights7 records

Customer concentration

• Xx.com/PalmHealthFdn
• Facebookfacebook.com/PalmHealthFoundation
• LinkedInlinkedin.com/company/palm-healthcare-foundation

Revenue estimate

Valuation estimate

Number of profiles

Profiles9 records

Funding overview

Funding rounds1 record

Investors1 record

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M&A

Investments

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Frequently asked questions about Palm Healthcare Foundation