Cohen Veterans Network Inc.

Cohen Veterans Network operates as a hybrid operating/grantmaking foundation — simultaneously a network manager and a funder — which fundamentally shapes how any organization can access its resources. CVN was established in 2015 by hedge fund manager Steven A. Cohen with a $275 million personal commitment, and nearly all of its annual revenue ($54.2M of $54.7M in FY2023, $52.9M of $53.1M in FY2022) flows directly from Cohen and related Point72 entities. This makes CVN the largest dedicated funder of military family mental health clinics in the country, but also one of the most tightly controlled.

CVN does not accept unsolicited grant applications or partnership requests. Its own FAQ states explicitly: "Cohen Veterans Network does not accept requests or solicitations for funding. Partner organizations for any future clinics will be selected by invitation only." This is the single most critical fact for any organization considering CVN. The path to its resources runs through being found, not through applying.

CVN's giving philosophy centers on the "clinic grant" model: identify a geographic gap in veteran mental health access, select a local partner organization with existing clinical infrastructure, then fund that partner to host and operate a Steven A. Cohen Military Family Clinic. Partners receive a master grant agreement covering an initial three-year period, including space allocation, rent, opening expenses, and operational support. CVN also provides network-wide resources: a centralized EHR system, evidence-based therapy training, marketing assets, and ongoing quality oversight.

All 48 grants in CVN's public filings carry the identical "Military Family Clinic" designation. There is no secondary grantmaking stream for general veteran organizations, independent research projects, or programmatic pilots. CVN's documented grantee list — Centerstone, Easter Seals, Metrocare Services, NYU Grossman School of Medicine, University of Pennsylvania, Vietnam Veterans of San Diego — reflects organizations with decades of clinical infrastructure. CVN does not seed new organizations or fund early-stage initiatives.

The relationship trajectory runs: CVN internal city assessment → partner identification → invitation → master grant agreement negotiation → 3-year funded clinic launch → performance review → potential renewal. CVN states it continuously evaluates new markets, making geographic proximity to military installations and enrollment in state veteran services systems the most actionable early positioning step.

CVN's financial profile is unusual for a foundation of its apparent asset size. Total assets of $28.5M (FY2024) dramatically understates its grantmaking power because CVN operates as a near-complete pass-through: $54.2M in contributions received in FY2023 funded $60.2M in total giving that year, with the gap covered by drawing on asset reserves. This pattern holds consistently — CVN routinely gives more than it holds, sustained entirely by annual gifts from Steven A. Cohen and Point72 entities.

Annual grants paid — direct cash transfers to partner organizations — have grown steadily: $27.5M (FY2019) → $30.3M (FY2020) → $27.7M (FY2021) → $32.7M (FY2022) → $33.3M (FY2023), a 21% increase over four years. Total giving (grants paid plus CVN's direct clinic operational expenditures) grew from $43M (FY2019) to $60.2M (FY2023). The full arc of growth is striking: from $4.1M in total giving in FY2014 to $60.2M in FY2023, a 14.7x increase as CVN scaled from concept to a 22-clinic national network.

Among the 48 documented grants in CVN's public records, total disbursements reach $62.4M with an average grant of $1.3M per entry. Forty-six of the 48 grants involve two-payment sequences to the same recipient, consistent with CVN's stated multi-tranche 3-year master grant structure. Per-clinic total funding over the documented grant period ranges from $1.3M (Oklahoma Mental Health Council, Colorado Springs) at the lower end to $4.2M (Valley Cities Counseling, Anchorage, AK) at the upper end. Variation appears tied to clinic size, local cost of living, and breadth of services.

Geographically, Texas leads with 9 documented grants, reflecting multiple clinics near Fort Hood (Killeen), Fort Bliss (El Paso), and Joint Base San Antonio. California and Oklahoma each receive 6 grants; Tennessee receives 6. Alaska (4 grants across 2 grantees) receives the highest per-grant funding, reflecting elevated operating costs. The single outlier in the grantee record is a $2,500 gift to El Pasoans Fighting Hunger, consistent with CVN's November 2025 CVN Gives Back food bank initiative. There is no general grant program, capacity-building fund, or emergency grant mechanism.

Officer compensation has grown proportionally with scale: total officer compensation was $688K (FY2019) and $875K (FY2023), with CEO Anthony Hassan earning $500K in FY2023.

Cohen Veterans Network occupies a narrow but well-funded category: large, single-patron-backed veteran mental health network operators. Its giving-to-assets ratio is among the highest of any comparable organization, driven by its pass-through funding structure. The table below compares CVN to mission-aligned peers (approximate figures from publicly available 990 filings and annual reports) and the closest asset-size peer from the Granted database:

CVN's $60.2M in annual giving dwarfs all comparable mission peers despite a modest asset base — a structural feature unique to its single-patron model. Bob Woodruff Foundation, the closest mission peer, supports a broader range of veteran programs through open competitive grant cycles: a fundamentally more accessible but smaller-scale opportunity. Gary Sinise Foundation focuses primarily on direct services (adapted homes, entertainment programs) rather than clinical funding. Give an Hour deploys a volunteer clinician model with minimal cash grantmaking. The George K. Baum Family Foundation holds similar assets but has no disclosed military or mental health focus. For organizations seeking accessible veteran mental health grants, Bob Woodruff Foundation's open RFP process is the more actionable near-term target.

CVN's pace of expansion accelerated significantly in 2025-2026. In December 2025, CEO Dr. Anthony Hassan announced the organization's first international expansion: five Steven A. Cohen Military Family Clinics to open on U.S. military bases in Japan (Camp Foster, Okinawa; Kadena Air Base; Yokota Air Base, Tokyo) and South Korea (Camp Humphreys and Osan Air Base), all in partnership with AAFES and operating at no cost to the U.S. government. The first two locations are slated to open fall 2026.

In January 2026, CVN announced its 23rd U.S. clinic in Kansas — the Steven A. Cohen Military Family Clinic at Centerstone — developed in collaboration with the Robert R. McCormick Foundation. This marks an emerging model of third-party philanthropic co-investment alongside CVN's own grants.

In February 2026, CVN's 10-year anniversary report confirmed approximately 100,000 clients served since 2016, a trajectory toward 1,000,000 total clinical sessions by year-end 2026, and three consecutive Modern Healthcare Best Places to Work awards. CVN's Institute for Quality has produced 19 peer-reviewed publications.

CVN also established a clinic in Modi'in, Israel in 2025, serving post-10/7 IDF veterans and reservists — the first non-U.S. military population served by the network. On October 9, 2025, Georgia's Veterans Mental Health Services Grant Program awarded the Steven A. Cohen Military Family Clinic at Centerstone just over $800,000 for FY2026, demonstrating CVN's capacity to blend state public dollars with private philanthropy. CEO Dr. Anthony Hassan remains in place at $500K annual compensation; founder Steven A. Cohen continues as Chairman.

The most consequential fact for any organization pursuing CVN funding is that it has never operated an open application process and has explicitly stated it never will. CVN's FAQ states it does not accept solicitations for funding and selects partners by invitation only. Traditional grant-seeking behaviors — researching the funder, drafting proposals, submitting LOIs — do not apply. The effective strategy is institutional positioning to be identified by CVN during its internal city and partner assessment process.

CVN's market selection appears governed by four criteria: geographic proximity to military installations or dense veteran populations; state government interest in co-funding (CVN now holds partnerships with nine states: FL, GA, NC, OK, TX, MD, TN, VA, CA); existing gaps in VA Community Care coverage; and the presence of a qualified, established mental health organization capable of meeting CVN's clinical and operational standards. Organizations in states outside this nine-state footprint should prioritize advocacy within their own state's veterans services bureaucracy to signal market readiness to CVN.

Build official VA credentials: Enroll in the VA Community Care Network as a TRICARE-authorized provider. CVN scouts partner markets partly through DoD and VA referral data. Organizations already appearing in official military referral systems are far more visible.

Document clinical excellence with military clients: CVN's model relies on evidence-based therapies — Cognitive Processing Therapy (CPT), Prolonged Exposure (PE), EMDR for PTSD; CBT for depression and anxiety. A track record using validated outcome measures (PCL-5, PHQ-9, GAD-7) with military-connected clients, maintained in a proper EHR, is the credibility threshold CVN requires.

Build at least 20-25% military-connected caseload: CVN serves veterans, active-duty service members, National Guard/Reserves, and family members. An organization without a demonstrated military client base will not be competitive regardless of clinical quality.

Engage CVN's professional ecosystem: CVN's Institute for Quality publishes peer-reviewed research. Engagement at ISTSS, ABCT, and NASW military social work conferences, and co-authorship or citation relationships with CVN researchers, increases organizational visibility at the leadership level.

Review the Partnership Guide before any outreach: CVN's Prospective Partnership Guide (available at cohenveteransnetwork.org) details city selection criteria, operational requirements, and master grant agreement expectations. Reviewing it demonstrates seriousness if CVN ever initiates contact. If approached by CVN, move quickly — internal timelines for clinic launches are fixed.