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New York · Nonprofit

The Commonwealth Fund

The Commonwealth Fund (New York) receives grants from 4 organizations whose IRS filings report $1,597,766 to it, the largest being THE HEALTH FOUNDATION ($1,587,316). 2 of them have funded it in more than one year.

Revenue FY2025
$40M
Funders on record
4
Grants received
$1.6M
Net assets
$883M
2/4 repeat funderspeak grant-dependency 5%
01What it does

What The Commonwealth Fund does

Programs

  1. COMMUNICATIONS: The Fund's Communications program uses print, broadcast, online, and social media to bring information on health equity, health reform and health system transformation to the attention of critical stakeholder groups, especially policy officials and leaders in health care delivery. The Fund's publications and web content enrich public understanding of how the Affordable Health Care Act and other forces are changing how Americans get their health care. During the fiscal year there were 2,867,616 visitors to the website who viewed 5,754,674 pages. These visitors came from from than 150 countries and more than 1,000 cities. Media fellowship programs in international and domestic health policy managed by the Association of Health Care Journalists supports the ongoing training of health reporters and editors and encourages in-depth reporting on issues related to health system performance and change.

    $4,097,196 spent
  2. CARE: The Care coverage area encompasses the focus areas of Health Care Delivery System Reform, Advancing Health Equity and Behavioral Health.

    $1,801,722 spent
  3. COVERAGE: The Coverage core area encompasses Health Care Coverage and Access, Advancing Medicare, Medicaid and Tracking Health System Performance.

    $1,743,022 spent
  4. INTERNATIONAL HEALTH POLICY & PRACTICE INNOVATIONS: The International Health Policy and Practice Innovations program is guided by the belief that the U.S. can learn by examining other health systems, their performance in relation to ours, and their health care delivery and payment innovations-particularly those that we might consider adopting. The program activities include surveys, research, sponsorship of the Harkness Fellowships in Health Care Policy, and convening international policymakers and experts for cross-national dialogue and exchange around contemporary health policy issues faced by governments and health care systems.

    $1,370,187 spent

The 4 programs described on its FY2024 Form 990-PF.

02The organization over time

The organization over time

Each line starts at 100 in 2021, so what you read is the shape rather than the size: 150 means half as much again as 2021, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20212021 Revenue 100 ($69M) Expenses 100 ($46M) Net assets 100 ($964M)2022 Revenue 96 ($66M) Expenses 109 ($50M) Net assets 87 ($841M)2023 Revenue 32 ($22M) Expenses 113 ($52M) Net assets 86 ($831M)2024 Revenue 59 ($41M) Expenses 106 ($49M) Net assets 87 ($842M)2025 Revenue 57 ($40M) Expenses 112 ($52M) Net assets 92 ($883M)
20212022202320242025
Revenue (57)Expenses (112)Net assets (92)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2021 to 2022, from $998M to $877M (−12%).

$998M
$877M
$865M
$876M
$923M
20212022202320242025
Total assetsTotal liabilities
03Who funds it

Who funds it, year by year

2021 → 2023: the base held at 1 funder, grant income rose $5k → $1.0M.

From the IRS filings of The Commonwealth Fund’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

The Commonwealth Fund leans on a few funders — its largest provides 99% of grant income and the top three 100%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

99% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund The Commonwealth Fund.

99%
largest funder
100%
top three
~1
effective funders

Largest funder’s share by year: 2021 100% · 2022 100% · 2023 100% — broadly stable.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

The Commonwealth Fund draws 98% of its grant income from funders outside New York, across 3 states in all.

NY
MA
SC

In-state vs out-of-state, by year

’21
’22
’23
New York out of state home

Funder states come from each funder’s own filing. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

The Commonwealth Fund's funding has concentrated — grant income rose while the number of funders held roughly flat.

Months of reserve4.3mo · below the median
Revenue growth (annualized)−13% · bottom quartile

this organization peer median middle 50% of peers· 490 philanthropy nonprofits $10M–$100M, FY2025

Organizations like The Commonwealth Fund

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In New York

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Screen this organization

A dated, signed PDF of the compliance screen for The Commonwealth Fund: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds The Commonwealth Fund?
The Commonwealth Fund (New York) receives grants from 4 organizations whose IRS filings report $1,597,766 to it, the largest being THE HEALTH FOUNDATION ($1,587,316). 2 of them have funded it in more than one year.
How many funders does The Commonwealth Fund have?
IRS filings report 4 organizations giving $1,597,766 in grants to The Commonwealth Fund, 2 of which have funded it in more than one year.
Who is the largest funder of The Commonwealth Fund?
THE HEALTH FOUNDATION is the largest funder on record, with $1,587,316 in grants. The full list of funders is on this page.
How can an organization like The Commonwealth Fund find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in New York. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2021–2025), and the filings of 4 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 22, 2026. What this page cannot tell you · view filing