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Aetna Foundation

Full company profile

uuid0038x6o

Namestring
Aetna Foundation
Websiteurl
https://www.aetna-foundation.org/
Company typeenum
Private
Founded yearint
1972
Descriptiontext

The Aetna Foundation is an independent charitable and philanthropic affiliate of CVS Health (NYSE:CVS), headquartered in Hartford, Connecticut. Founded in 1972, it operates as a grantmaking entity associated with the Aetna/CVS Health corporate franchise rather than as a commercial enterprise. The foundation's stated function is philanthropic activity tied to health-related causes, leveraging the corporate parent brand and its health-industry footprint to channel charitable resources. No products, services, technology platforms, pricing models, customers, or revenue mechanics are disclosed in the available data, consistent with its non-commercial charitable status. It does not appear to sell goods or services, generate commercial revenue, or compete in any product market.

The entity maintains its own website (aetna-foundation.org) and is identified as an "independent charitable and philanthropic affiliate," suggesting a separately governed structure distinct from CVS Health's operating subsidiaries while remaining organizationally and reputationally linked. Ownership, governance details, management team, financial scale, and grantmaking budget are not disclosed in the available firmographic data. The foundation's strategic significance derives primarily from its affiliation with a top-five U.S. health insurer/pharmacy retailer and its role as a vehicle for the parent's corporate social responsibility and community health commitments. There are no disclosed acquisitions, funding rounds, product launches, or operational expansions in the input record.

Short descriptiontext

The Aetna Foundation is an independent charitable and philanthropic affiliate of CVS Health (NYSE:CVS), founded in 1972 and headquartered in Hartford, Connecticut. It channels corporate philanthropy tied to health-related causes, operating as a separately governed grantmaking entity linked to the Aetna/CVS franchise.

Ownership categoryenum
akta.pro rankint
HeadquartersHartford, United States
HQ citystring
Hartford
HQ countrystring
United States
HQ regionstring
North America
Markets served

Serves global market

Keyword5 values
community health grants, health equity funding, philanthropic grantmaking, public health initiatives, nonprofit foundation
Industry1 code
1Health & Medical Research Grantmaking Foundations
CodeBPAGAKALPrimaryYes
NAICS code2 codes
  • Grantmaking Foundations813211
  • Voluntary Health Organizations813212
Product category
Philanthropic Foundation
Social media profiles1 record
Cost components3 values
Others, Personnel, Operations
GTM typeB2B
B2B
Offering typeServices
Services
Core offering1 text field

The Aetna Foundation is an independent charitable foundation established in 1972 that provides philanthropic grants and funding for health-related initiatives. Operating as the philanthropic affiliate of CVS Health (NYSE:CVS) and headquartered in Hartford, Connecticut, the foundation channels corporate philanthropic resources to nonprofit organizations and community-based programs advancing health equity, community health, and public health.

Differentiator
Functional benefit
Problem solved
Product and service1 record
1Health Equity Grantmaking Program
CategoryPhilanthropic Grants
Description

Philanthropic grant program through which the Aetna Foundation disburses charitable funds to qualifying nonprofit organizations and community-based groups working on health equity, community health, and public health initiatives.

Recent move2 records

Each record includes

Date, Type, Title, Description, Source

Peers10 records
1Cigna Foundation
TypeDirect peer
Description

Corporate philanthropic foundation of Cigna Group, a major U.S. health insurer comparable to Aetna's pre-CVS identity. Both focus on health equity and community health grantmaking through insurance-parent sponsorship.

2Elevance Health Foundation
TypeDirect peer
Description

Philanthropic arm of Elevance Health (formerly Anthem), another large managed-care insurer. Operates as an independent corporate foundation addressing health equity and social determinants, paralleling Aetna Foundation's positioning within CVS Health.

3United Health Foundation
TypeDirect peer
Description

Charitable foundation of UnitedHealth Group, the largest U.S. health insurer. Directly comparable as a peer insurer-affiliated health philanthropy with national scope.

4Humana Foundation
TypeDirect peer
Description

Corporate foundation of Humana, a major U.S. health insurer focused on Medicare Advantage populations. Comparable insurer-affiliated grantmaker targeting community health outcomes.

5Kaiser Permanente Community Health
TypeDirect peer
6CVS Health Foundation
TypeDirect peer
Description

Broader corporate social responsibility vehicle of CVS Health. Functions as a sibling foundation to Aetna Foundation within the same parent, with overlapping health-equity mission and Hartford-area footprint.

7Robert Wood Johnson Foundation
TypeBroad incumbent
Description

One of the largest U.S. health-focused private foundations, addressing social determinants of health and health equity. Operates at materially greater scale and longer independent history than Aetna Foundation, anchoring the health-philanthropy category.

8California Health Care Foundation
TypeEmerging player
Description

Independent health-focused foundation with grantmaking across care delivery, access, and equity. Comparable in mission focus but primarily California-based, offering a regional contrast to Aetna Foundation's likely national scope.

9Bristol Myers Squibb Foundation
TypeDirect peer
Description

Corporate foundation of a major pharmaceutical company focused on health disparities and serious diseases. Comparable corporate-affiliated health grantmaker, though anchored in pharma rather than insurance.

10Pfizer Foundation
TypeDirect peer
Description

Corporate philanthropic arm of Pfizer Inc., funding health access, equity, and workforce initiatives globally. Comparable large pharma-affiliated health foundation with mission overlap on health-equity grantmaking.

Market position
Strengths4 records

Each record includes

Headline, Details, Source

Weaknesses3 records

Each record includes

Headline, Details, Source

Competitive moat3 records

Each record includes

Type, Details

Key risks3 records

Each record includes

Headline, Details, Source

Key highlights5 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Ideal customer profile1 record

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
No
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Core technology
Revenue estimate
Valuation estimate
Number of profiles
No data
No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment1 record

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Aetna Foundation

Philanthropic Foundationaetna-foundation.org

The Aetna Foundation is an independent charitable and philanthropic affiliate of CVS Health (NYSE:CVS), founded in 1972 and headquartered in Hartford, Connecticut. It channels corporate philanthropy tied to health-related causes, operating as a separately governed grantmaking entity linked to the Aetna/CVS franchise.

What Aetna Foundation does

The Aetna Foundation is an independent charitable and philanthropic affiliate of CVS Health (NYSE:CVS), headquartered in Hartford, Connecticut. Founded in 1972, it operates as a grantmaking entity associated with the Aetna/CVS Health corporate franchise rather than as a commercial enterprise. The foundation's stated function is philanthropic activity tied to health-related causes, leveraging the corporate parent brand and its health-industry footprint to channel charitable resources. No products, services, technology platforms, pricing models, customers, or revenue mechanics are disclosed in the available data, consistent with its non-commercial charitable status. It does not appear to sell goods or services, generate commercial revenue, or compete in any product market.

The entity maintains its own website (aetna-foundation.org) and is identified as an "independent charitable and philanthropic affiliate," suggesting a separately governed structure distinct from CVS Health's operating subsidiaries while remaining organizationally and reputationally linked. Ownership, governance details, management team, financial scale, and grantmaking budget are not disclosed in the available firmographic data. The foundation's strategic significance derives primarily from its affiliation with a top-five U.S. health insurer/pharmacy retailer and its role as a vehicle for the parent's corporate social responsibility and community health commitments. There are no disclosed acquisitions, funding rounds, product launches, or operational expansions in the input record.

Aetna Foundation firmographics

Firmographics
Name
Aetna Foundation
Website
https://www.aetna-foundation.org/
Company type
Private
Founded year
1972
Short description
The Aetna Foundation is an independent charitable and philanthropic affiliate of CVS Health (NYSE:CVS), founded in 1972 and headquartered in Hartford, Connecticut. It channels corporate philanthropy tied to health-related causes, operating as a separately governed grantmaking entity linked to the Aetna/CVS franchise.
Ownership category
akta.pro rank

Aetna Foundation industry classification

Industry
Product category
Philanthropic Foundation
NAICS
Grantmaking Foundations (813211), Voluntary Health Organizations (813212)
akta.pro primary industry
Health & Medical Research Grantmaking Foundations (BPAGAKAL)

Keywords

  • Community health grants
  • Health equity funding
  • Philanthropic grantmaking
  • Public health initiatives
  • Nonprofit foundation

Where Aetna Foundation is headquartered

Location

Headquarters

HQ city
Hartford
HQ country
United States
HQ region
North America

Markets served

Aetna Foundation business model

Business model
GTM type
B2B
Offering type
Services
Cost components
Others, Personnel, Operations

Aetna Foundation product offering

Product offering

Core offering

The Aetna Foundation is an independent charitable foundation established in 1972 that provides philanthropic grants and funding for health-related initiatives. Operating as the philanthropic affiliate of CVS Health (NYSE:CVS) and headquartered in Hartford, Connecticut, the foundation channels corporate philanthropic resources to nonprofit organizations and community-based programs advancing health equity, community health, and public health.

Differentiator

Problem solved

Functional benefit

Products and services

  • Health Equity Grantmaking Program Philanthropic grant program through which the Aetna Foundation disburses charitable funds to qualifying nonprofit organizations and community-based groups working on health equity, community health, and public health initiatives.

Companies that use Aetna Foundation

Customer profile

Ideal customer profiles1 record

Aetna Foundation technology and API

Technology

Technology focussed No

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Aetna Foundation partnerships and signals

Strategic signal

Recent moves2 records

Aetna Foundation competitors and assessment

Company assessment

Direct peers

  • Cigna Foundation: Corporate philanthropic foundation of Cigna Group, a major U.S. health insurer comparable to Aetna's pre-CVS identity. Both focus on health equity and community health grantmaking through insurance-parent sponsorship.
  • Elevance Health Foundation: Philanthropic arm of Elevance Health (formerly Anthem), another large managed-care insurer. Operates as an independent corporate foundation addressing health equity and social determinants, paralleling Aetna Foundation's positioning within CVS Health.
  • United Health Foundation: Charitable foundation of UnitedHealth Group, the largest U.S. health insurer. Directly comparable as a peer insurer-affiliated health philanthropy with national scope.
  • Humana Foundation: Corporate foundation of Humana, a major U.S. health insurer focused on Medicare Advantage populations. Comparable insurer-affiliated grantmaker targeting community health outcomes.
  • Kaiser Permanente Community Health:
  • CVS Health Foundation: Broader corporate social responsibility vehicle of CVS Health. Functions as a sibling foundation to Aetna Foundation within the same parent, with overlapping health-equity mission and Hartford-area footprint.
  • Bristol Myers Squibb Foundation: Corporate foundation of a major pharmaceutical company focused on health disparities and serious diseases. Comparable corporate-affiliated health grantmaker, though anchored in pharma rather than insurance.
  • Pfizer Foundation: Corporate philanthropic arm of Pfizer Inc., funding health access, equity, and workforce initiatives globally. Comparable large pharma-affiliated health foundation with mission overlap on health-equity grantmaking.

Broad incumbents

  • Robert Wood Johnson Foundation: One of the largest U.S. health-focused private foundations, addressing social determinants of health and health equity. Operates at materially greater scale and longer independent history than Aetna Foundation, anchoring the health-philanthropy category.

Emerging players

  • California Health Care Foundation: Independent health-focused foundation with grantmaking across care delivery, access, and equity. Comparable in mission focus but primarily California-based, offering a regional contrast to Aetna Foundation's likely national scope.

Market position

Strengths4 records

Weaknesses3 records

Competitive moat3 records

Key risks3 records

Key highlights5 records

Customer concentration

Aetna Foundation social profiles

Digital presence

Aetna Foundation financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Aetna Foundation leadership team

Management profile

Number of profiles

Aetna Foundation funding detail

Funding detail

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

Aetna Foundation M&A and investment

M&A and investment

M&A

Investments1 record

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Aetna Foundation

What does Aetna Foundation do?

The Aetna Foundation is an independent charitable foundation established in 1972 that provides philanthropic grants and funding for health-related initiatives. Operating as the philanthropic affiliate of CVS Health (NYSE:CVS) and headquartered in Hartford, Connecticut, the foundation channels corporate philanthropic resources to nonprofit organizations and community-based programs advancing health equity, community health, and public health.

When was Aetna Foundation founded?

Aetna Foundation was founded in 1972.

Where is Aetna Foundation based?

Aetna Foundation is headquartered in Hartford, United States, in the North America region.

Who are Aetna Foundation's main competitors?

Direct peers on record are Cigna Foundation, Elevance Health Foundation, United Health Foundation, Humana Foundation, Kaiser Permanente Community Health, CVS Health Foundation, Bristol Myers Squibb Foundation and Pfizer Foundation. Robert Wood Johnson Foundation is listed as a broad incumbent. California Health Care Foundation is listed as an emerging player.

Does Aetna Foundation have an API?

No public API is recorded for Aetna Foundation.

What industry is Aetna Foundation in?

Aetna Foundation's product category is Philanthropic Foundation. Its primary akta.pro industry code is BPAGAKAL, Health & Medical Research Grantmaking Foundations. Its NAICS code is 813211.

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Live signals
PR NewswireU.S. News and Aetna Foundation Release 2021 Healthiest Communities RankingsU.S. News & World Report, in collaboration with the Aetna Foundation (an affiliate of CVS Health), released the fourth annual Healthiest Communities rankings for 2021, evaluating approximately 3,000 communities across 84 health-related metrics in 10 categories. Los Alamos County, New Mexico became the first community to repeat as the No. 1 ranked Healthiest Community, posting its highest scores in Housing, Population Health, and Infrastructure categories. The rankings include COVID-19 vaccine data tools and are part of a $100 million Building Healthier Communities initiative funded by CVS Health and its affiliates over five years.PR NewswireHispanic Physicians Advocate for Support for Latinos with Lung and Heart Disease as COVID-19 ravages our communitiesThe National Hispanic Medical Association (NHMA) is convening a virtual Congressional Briefing on July 29, 2020, focused on COVID-19 response efforts for Latinos with heart and lung diseases, with participation from Senator Robert Menendez, Congressman Mario Diaz-Balart, and U.S. Surgeon General VADM Jerome Adams. The briefing highlights that the Latino population (60 million, the largest ethnic group) faces heightened susceptibility to COVID-19 due to severe underlying diseases and limited access to physicians and hospitals, particularly citing the Rio Grande Valley as a current hotspot. NHMA is also announcing a "Stop Vaping Campaign" partnership with Aetna Foundation and collaborating with Amgen and Pfizer on healthcare policy development targeting COVID-19 mitigation, testing, and clinical trial enrollment for the Latino community.PR NewswireEML Partners with Connecticut United Ways to Distribute Dollars for the COVID-19 Response FundEML Payments Limited partnered with Connecticut United Ways to distribute COVID-19 relief funds via virtual card technology, enabling faster disbursement to individuals and families economically affected by the pandemic. The Connecticut United Ways COVID-19 Response Fund launched with an initial $100,000 contribution from the Aetna Foundation, with EML's mobile wallet solution replacing traditional plastic card distribution methods. CVS Health also contributed to the fund, with the initiative targeting ALICE households (Asset Limited, Income Constrained, Employed) who face heightened vulnerability during the crisis.PR NewswireU.S. News to Host Inaugural Community Health Leadership ForumU.S. News & World Report announced it will host the inaugural Community Health Leadership Forum on April 7, 2020, at the National Press Club in Washington, D.C., bringing together community leaders, policymakers, public health officials, and health system executives to discuss social determinants of health and community wellness programs. The forum will draw on the Healthiest Communities platform developed by U.S. News in collaboration with the Aetna Foundation, an independent charitable affiliate of CVS Health, and will feature discussions on topics including health equity, maternal mortality, and racial gaps in life expectancy. The event will also present the 2020 Community Health Leadership Awards recognizing local leaders improving public health across the country.PR NewswireAetna Foundation Announces $1 Million in Grants to Boys & Girls Clubs in Providence and HartfordThe Aetna Foundation, a private foundation affiliated with CVS Health, announced $1 million in grants to the Boys & Girls Clubs of Providence and Hartford, with each location receiving $500,000 over five years. The funding will support the "Positive Action" prevention program aimed at preventing underage substance misuse including tobacco and vaping products among youth. These grants are part of CVS Health's broader "Be The First" initiative, a $50 million five-year commitment to help deliver the first tobacco-free generation.PR NewswireU.S. News Announces New Population Health Track for 2019 Healthcare of Tomorrow ConferenceU.S. News & World Report announced an expanded Value and Population Health track for its seventh annual Healthcare of Tomorrow conference scheduled for November 17-19, 2019, in Washington, D.C. The conference will feature sessions on social determinants of health, hospital partnerships with payers, and the opioid epidemic, with keynote speakers including CVS Health President and CEO Larry Merlo and Centers for Medicare & Medicaid Services Administrator Seema Verma. U.S. News also announced a post-conference workshop on measuring health equity at the hospital level and a new Community Health Leadership Forum planned for April 2020, building on its Healthiest Communities platform developed in collaboration with the Aetna Foundation.PR NewswireU.S. News and Aetna Foundation Release 2019 Healthiest Communities RankingsU.S. News & World Report, in collaboration with the Aetna Foundation, released the 2019 Healthiest Communities rankings, naming Douglas County, Colorado as the healthiest community in America. The second annual report evaluated nearly 3,000 communities nationwide across 81 health-related metrics in 10 categories, including education, population health, infrastructure, and environment. Key findings include that diabetes prevalence and smoking rate have the strongest correlation to life expectancy, with Hawaii counties averaging the highest life expectancy at 81.15 years.PR NewswireCVS Health Announces Aetna Foundation's $1 Million Grant To Northern Shenandoah Valley Substance Abuse Coalition To Fight Opioid EpidemicCVS Health announced that the Aetna Foundation is providing a $1 million grant to the Northern Shenandoah Valley Substance Abuse Coalition to support its Law Enforcement Overdose Intervention Program. This funding aims to train multidisciplinary teams, including law enforcement and peer recovery specialists, to connect non-fatal overdose victims with support systems upon hospital discharge. The initiative is part of CVS Health's broader $100 million commitment to community health and combating the opioid epidemic.PR NewswireAetna Foundation, American Public Health Association and the National Association of Counties Unveil Winners of National Health ChallengeThe Aetna Foundation announced the winners of the Healthiest Cities & Counties Challenge, awarding $500,000 to Mecklenburg County, N.C., and $250,000 to Bridgeport, Conn., for their public health initiatives. The program, launched in partnership with the American Public Health Association and the National Association of Counties, has distributed a total of $1.5 million to 50 participating communities since its inception. These awards are part of a broader $100 million commitment by CVS Health and its affiliates to community health and wellness over five years.GlobeNewswireCommunity Leaders Challenging Health Inequities SelectedThe Aspen Institute and Aetna Foundation announced the inaugural class of six fellows for the 2019 Healthy Communities Fellowship, addressing health inequities. The fellows, from six states, will participate in a year-long program of public speaking, writing, and networking. The initiative is part of a $100 million CVS Health commitment to community health.