About Cone Health Foundation
Wesley Long Community Health Foundation was established in 1997 by the Board of Directors of Wesley Long Community Hospital, which set aside $50 million to fund the Foundation. After the 1997 merger of Wesley Long Community Hospital with The Moses H. Cone Memorial Hospital, the Foundation’s assets were doubled with a match from Cone Health and the Foundation became a supporting organization to Cone Health. Recognizing the heritage of the two hospitals that created it, the Foundation was renamed Moses Cone ~ Wesley Long Community Health Foundation, with the goal of promoting the general health of the community.
The past 22 years have been filled with grantmaking to organizations that work tirelessly to improve the health status of our community. Assuming the role of catalyst and convener alongside partner organizations, the Foundation championed efforts to address some of our community's most entrenched health issues: access to health care, adolescent pregnancy prevention, HIV, infant mortality, injury prevention, obesity, substance use and mental health disorders.
In 2010, the Foundation marked a major reorientation with a new strategy and a new name, Cone Health Foundation. The Foundation narrowed its focus to four funding priority areas: access to health care; adolescent pregnancy prevention; HIV; substance use and mental health disorders. The four areas were determined through the completion of a Strategic Plan that narrowed the Foundation's focus and provided more emphasis on evaluation and advocacy.
The next evolution of Cone Health Foundation came in 2015. Following a high level assessment of its strengths and weaknesses, a grantee survey, community health needs assessment and interviews with community leaders, the Foundation announced that it would shift to a grantmaking strategy aimed at achieving impact at the community level, dovetailing Cone Health’s growing interest in improving population health outcomes.
With this bold, strategic and disciplined plan in place through 2021, Cone Health Foundation has an unprecedented opportunity to make an impact on the health of Greensboro. Our work is much more than grantmaking. We’re researchers and collaborators. We’re creating new coalitions and partnerships. We’re serving as conveners of stakeholders who want to work together. Through it all, we will hold ourselves accountable by measuring our impact on community health. By deploying resources toward a limited number of realistic goals within four priority funding areas, the Foundation is focusing its resources and promoting greater synergy among its grants, which should result in greater impact.
Cone Health Foundation is a supporting organization to Cone Health. A 17-member Board of Directors governs the Foundation. The Board is comprised of ten members appointed by the Cone Health Board of Trustees and seven members appointed by the Foundation Board of Directors.
The Foundation is committed to spending 5% of the value of its assets annually. A Program Committee reviews grant applications and makes funding recommendations to the Board. Since inception, the Foundation, which has assets of more than $110 million, has awarded more than $96 million in the greater Greensboro area in the form of 1,724 grants and contributions.
Audited Financial Statements