Kansas Health Foundation

What it reported doing in 2024

Every organization experiences a moment that marks a significant turning point or launch point. For the Kansas Health Foundation (KHF), 2023 was such a year. If 2023 was a year of planning, 2024 has been the year those plans came to life-marking the next stage in KHF's journey to improve the health of all Kansans. In 2023, the KHF Board of Directors approved a new strategic framework to guide all our work and center our efforts on the investments and activities that can have the greatest impact on health in our state. This framework established a new three-part purpose statement: Empower Kansas to lead the nation in health Eliminate the inequities that lead to the greatest health disparities Become the model for philanthropic impact While 2023 was a year of vision and planning, 2024 became a year of action and implementation. Building on the extensive groundwork laid the year before, KHF made measurable progress in putting the strategic framework into practice. We strengthened partnerships with Kansas communities experiencing the greatest health disparities and began co-developing initiatives shaped by local priorities. We also identified and mobilized our network around several major health challenges where collective action can drive meaningful, statewide change. KHF advanced its policy and advocacy framework, supporting efforts across multiple levels to influence the systems that shape health outcomes. Beyond traditional grantmaking, we began deploying new forms of capital-through impact investments-to expand our economic reach and catalyze broader change. Significant steps were also taken to reimagine our physical campus, transforming it into both a convening space and a visible expression of Kansas' collective commitment to health. Finally, KHF implemented a refreshed approach to partnership-one grounded in mutual accountability, learning, and shared vision. Building Power The Building Power strategy advances three objectives: Strengthen KHF's commitment to racial equity. Support powerful organizations working to advance racial equity. Build long-term, trust-based partnerships. Through the Building Power and Equity Partnership (BPEP), KHF has committed to providing each of 30 grassroots partners $1 million in support over a ten-year period. Expenditure Highlights $2,950,000 in core support grants to 30 grassroots partners. $1,283,039 in grants through the Impact and Opportunity & Innovation funds to support new and existing initiatives statewide. $702,077 for program-related activities and internal operations. Strengthening BPEP Partners Organizational growth through stronger HR systems, expanded staff, and improved management capacity. Increased visibility and engagement with government officials, leading to new funding opportunities. Technical assistance support to enhance board governance, fundraising, and financial management. Participation in networking opportunities including quarterly cohort sessions, peer discussions, and coaching for organizational development.

Financial Efficiency

• Mission deployment rate: 100%; rating input score 100
• Program expense ratio: 76.2%; rating input score 76
• Fundraising efficiency: Limited

Transparency & Controls

• Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
• Pay-setting controls: 4 of 6 controls in place; rating input score 67
  • Compensation committee: Pass
  • Independent consultant: Pass
  • Other Form 990s reviewed: Missing
  • Written employment contract: Missing
  • Compensation survey or study: Pass
  • Board or committee approval: Pass
• Foreign activity oversight: Scored; rating input score 0
• Grant itemization coverage: 99.6%; rating input score 100; 40th percentile among comparable filings
• Major donor itemization: Limited
• Related-party transparency: Limited

Accountability

• Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
• Governance controls: 9 of 9 controls in place; rating input score 100
  • Conflict-of-interest policy: Pass
  • Whistleblower policy: Pass
  • Document-retention policy: Pass
  • CEO compensation review process: Pass
  • Other executive compensation review process: Pass
  • Form 990 shared with the board: Pass
  • Board meeting minutes documented: Pass
  • Audit committee oversight: Pass
  • Independent financial-statement audit: Pass

Sustainability

• Operating margin: -220.3%; rating input score 0; 0th percentile among comparable filings
• Total-asset coverage ratio: 17.54; rating input score 95; 95th percentile among comparable filings
• Liabilities to assets ratio: 0.05; rating input score 71; 71st percentile among comparable filings
• Officer compensation ratio: 8.3%; rating input score 36; 36th percentile among comparable filings

Growth

• Program expense growth: -7.8% per year; rating input score 0; 3rd percentile among comparable filings
• Revenue growth: -34.5% per year; rating input score 0; 0th percentile among comparable filings
• Asset growth: 4.2% per year; rating input score 100; 30th percentile among comparable filings