Care Foundation Of America Inc.

Care Foundation Of America Inc. is a community health systems (health, general and rehabilitative) based in Brentwood, TN, with ~$53.3M in net assets and ~$2.98M in annual charitable disbursements per the most recent Form 990-PF (FY Dec. 2024). Their stated focus is: Public mission not disclosed on IRS summary; IRS category is Community Health Systems; filer is a 990-PF private foundation. To approach this funder effectively, mirror their theory of change tightly: Uncommon NTEE/filing mismatch: categorized under Community Health Systems but operates as a private foundation (Form 990-PF filer) with $53M in assets and ~$3M/yr in grants. No contributions received in 2024 - fully endowed and self-sustaining off investment returns. Leadership (C. Thomas Davenport Jr., Joseph Keane) is connected to Tennessee healthcare and hospital sectors. Because they are a private foundation, most grantmaking is proactive - they identify grantees from their network rather than running open RFPs. Alignment signals to emphasize: (1) a tight fit with their NTEE category and stated mission, (2) a narrow single-issue focus rather than broad generalist work, (3) an existing relationship with a board member or prior grantee who can make a warm introduction, and (4) measurable outcomes that match how the foundation already reports impact in Part XV of its 990-PF. Cold LOIs to unsolicited applicants succeed under 5 percent of the time at private foundations of this size - your better path is a warm intro through a current grantee, a shared board connection, or a community foundation intermediary in Brentwood or TN.

In the most recent filing (FY Dec. 2024), Care Foundation Of America Inc. reported: revenue $3,384,268, expenses $3,355,468, charitable disbursements $2,981,404, and net assets $53,326,900. Under the 5 percent statutory minimum payout for private foundations, the floor on annual grantmaking is roughly $2,666,345, though actual disbursements ($2,981,404) reflect the foundation's specific grant philosophy rather than the regulatory minimum. Typical grant sizes at this asset tier range from roughly $5,000 to $250,000, with concentration on a small number of repeat, multi-year relationships rather than many one-off gifts. Geographic distribution: the foundation is headquartered in Brentwood, TN, but the mission (Public mission not disclosed on IRS summary; IRS category is Community Health Systems; filer is a 990-PF private foundation) indicates that actual giving geography may not match the domicile. Sector focus follows the NTEE classification: Community Health Systems (Health, General and Rehabilitative). The single best concrete source for ticket sizes, grantee names, and funded purposes is Part XV of the foundation's 990-PF - pull the most recent filing from ProPublica Nonprofit Explorer before drafting any LOI so your ask lands inside their historical band.

Relative to peers in the Community Health Systems (Health, General and Rehabilitative) NTEE category at its asset tier, Care Foundation Of America Inc. is a mid-size private foundation. The table below places it against representative peer archetypes in the same bracket (exact peer names withheld - for direct name-level comparisons, filter ProPublica Nonprofit Explorer by the same NTEE code + asset band):

Key differentiator: Uncommon NTEE/filing mismatch: categorized under Community Health Systems but operates as a private foundation (Form 990-PF filer) with $53M in assets and ~$3M/yr in grants. No contributions received in 2024 - fully endowed and self-sustaining off investment returns. Leadership (C. Thomas Davenport Jr., Joseph Keane) is connected to Tennessee healthcare and hospital sectors. This matters for applicants because it changes how boilerplate pitches land - a generic template that works at a community foundation is usually an instant rejection here. Proposals must be calibrated to this foundation's specific governance, mission, and past grantee pattern.

As of 2026-04-23 (report generation date), the most recent primary-source data available for Care Foundation Of America Inc. is the FY Dec. 2024 Form 990-PF, filed to the IRS and indexed on ProPublica Nonprofit Explorer. Automated web news search was blocked during this report run (Google and DuckDuckGo both returned anti-bot walls), so no specific 2025 or 2026 press items are quoted here - and none are invented. From the 990-PF itself, notable items include the current leadership roster (C Thomas Davenport Jr (President/Director, $78.5K), Joseph Keane (VP/CFO/Director, $78.5K), Natalie Henley (Secretary/Controller, $43K), plus unpaid directors James Usdan, Charita Allen, Max Theodore, Tausha Alexander), FY revenue of $3,384,268, and charitable disbursements of $2,981,404. For current-year activity (new programs, leadership changes, strategic pivots), applicants should: (1) read the foundation's own website at https://careofamerica.org/, (2) search Candid/GuideStar and Inside Philanthropy for recent coverage of the foundation by name, (3) watch for the next 990-PF filing (private foundations file approximately 11 months after fiscal year-end; expect a new filing 6-11 months after FY close), and (4) search news by key officer names for any professional moves that might signal a strategic shift. Uncommon NTEE/filing mismatch: categorized under Community Health Systems but operates as a private foundation (Form 990-PF filer) with $53M in assets and ~$3M/yr in grants. No contributions received in 2024 - fully endowed and self-sustaining off investment returns. Leadership (C. Thomas Davenport Jr., Joseph Keane) is connected to Tennessee healthcare and hospital sectors.

Practical advice for a strong proposal to Care Foundation Of America Inc.: (1) Match their stated mission verbatim in your opening paragraph - this mission (Public mission not disclosed on IRS summary; IRS category is Community Health Systems; filer is a 990-PF private foundation) is narrow, and reviewers screen out mismatches in seconds. (2) Pull their Form 990-PF Part XV grants list from ProPublica before writing. The exact grantee names, purposes, and dollar amounts already funded are your best signal of what 'fit' looks like at this specific foundation. (3) Budget realism: ask in their historical ticket-size band. Asking well above or below what they have given anchors you as either naive or risky. (4) Get a warm introduction. Most private foundations at this scale fund from relationships. If you do not have one, work through a current grantee, a board connection, or the community foundation in their home metro (Brentwood, TN). (5) Mirror their impact framing. If they describe outcomes in terms of students reached, communities transformed, or policy shifts, frame your ask in that same unit. (6) Respect their size and staffing. The officer roster (C Thomas Davenport Jr (President/Director) indicates a mid-size shop. Keep your LOI under 2 pages and your full proposal under 8 unless they request otherwise. (7) Never send a form letter - even lightly personalized boilerplate is easy to spot and kills credibility. Foundation-specific context: Uncommon NTEE/filing mismatch: categorized under Community Health Systems but operates as a private foundation (Form 990-PF filer) with $53M in assets and ~$3M/yr in grants. No contributions received in 2024 - fully endowed and self-sustaining off investment returns. Leadership (C. Thomas Davenport Jr., Joseph Keane) is connected to Tennessee healthcare and hospital sectors.