How much money does the Robert Wood Johnson Foundation give out each year?
Based in Princeton, New Jersey, the Robert Wood Johnson Foundation (RWJF) is the United States’ largest philanthropy devoted exclusively to health and health care. The foundation’s sole purpose is to help people in the U.S. live healthier lives and get the health care they need. The foundation has significant resources—$10 billion in assets, generating grants approaching $500 million a year—to address the nation’s most complex health and health care issues. The Foundation aims to use these private resources in the service of the public, and in a way that prompts new public policy, inspires action from the private sector, and changes systems for delivering the best health care to the most people. Sources: http://en.wikipedia.
THE PROGRAM Early Years In October 1987, RWJF contracted Ruth S. Hanft, Ph.D., a specialist in health policy, to organize and manage the new program (PC# 147). Within RWJF, Keenan and program officer Pauline M. Seitz collaborated with Hanft in the development process. Shortly thereafter, Hanft joined the George Washington University faculty, and RWJF made two 12-month grants (ID#s 012903 and 013196) to the university to cover the services of Hanft and clerical help through the two trial years. The board’s $8-million authorization anticipated awarding up to 10 grants a year, each grant totaling as much as $400,000 paid out over three or four years. The application process had two phases: * The applicant agency first submitted a brief concept paper outlining its proposed project. RWJF staff hoped this initial step would encourage organizations, especially small ones, to put forward ideas. * Program staff reviewed these short concept papers and invited the most promising applicants to sub
