Supported by a $1.7 million grant from The Kresge Foundation in Detroit, the Nonprofit Finance Fund, a New York City-based organization, has launched a multi-year initiative, called Healthy Outcomes, to explore how collaborations can drive large-scale improvements in the health of American communities.
In the Healthy Outcomes initiative, the Nonprofit Finance Fund, which advises community-based, health, and nonprofit organizations, will provide advice, financial support, tools, meetings, knowledge, and more to help human services providers build the capabilities and capacity to work with healthcare groups in new ways.
“(Nonprofit Finance Fund) leadership will assist human services organizations with proven track records in addressing the social determinants of health to become key partners for healthcare organizations,” says David Fukuzawa, managing director of The Kresge Foundation’s Health and Human Services Programs. “Seamless coordination between human services and healthcare organizations could greatly increase both well-being and opportunity for people with low-income.”
In preparation for launching Healthy Outcomes, the fund and The Kresge Foundation convened more than 60 health-sector leaders at the Clinton Global Initiative America meeting in Atlanta in June, to discuss the opportunities and barriers to partnership in the age of value-based payments.
Fukuzawa says the initiative will continue to draw upon these leaders’ expertise and experience.
The Kresge Foundation is a $3.6 billion private, national foundation that works to expand opportunities in America’s cities through grantmaking and social investing in arts and culture, education, environment, health, human services, and community development in Detroit. In 2015, the Board of Trustees approved 370 grants totaling $125.2 million, and nine social investment commitments totaling $20.3 million.