Commonwealth Fund
The Commonwealth Fund is a private non-profit foundation founded in 1918 by Anna M. Harkness with an initial endowment of nearly $10 million to promote human welfare, particularly through improvements in health care.[1] Headquartered in Harkness House in New York City, the organization supports independent research, policy analysis, and grantmaking to foster a high-performing health care system characterized by better access, quality, efficiency, and equity, with a focus on vulnerable groups such as low-income individuals, the uninsured, and minorities.[2][3] Under the leadership of Harkness's son, Edward S. Harkness, as its first president, the Fund initially emphasized public health initiatives, including child guidance clinics, rural hospital construction that influenced the 1946 Hill-Burton Act, and international fellowships for medical professionals.[1] Over the decades, it has evolved to address medical education shortages, underserved urban communities, patient-centered care for the elderly, and modern challenges like health coverage expansion, contributing evidence and frameworks to policies including the 2010 Affordable Care Act; notable achievements include facilitating the widespread adoption of the Pap smear test, introducing hospice care to the United States, and producing comparative international health system reports that frequently rank the U.S. as underperforming despite high expenditures, though such analyses have drawn methodological critiques for overlooking innovation and choice.[1][4][5][6] While the Fund's work has advanced health policy discourse and supported empirical studies on disparities and system performance, its advocacy often aligns with left-leaning priorities favoring greater government intervention, reflecting a perspective that prioritizes equity metrics potentially at the expense of market-driven efficiencies.[7][8]Founding and Origins
Establishment in 1918
The Commonwealth Fund was established on October 17, 1918, in New York City by Anna M. Harkness (née Richardson), a philanthropist and widow of Stephen V. Harkness, whose fortune derived from investments in Standard Oil.[9] Harkness provided an initial endowment of approximately $10 million to create the foundation, one of the first major philanthropic entities founded by a woman in the United States.[10] [1] The Fund's charter articulated a broad mandate to "do something for the welfare of mankind," encompassing benevolent, religious, educational, and similar purposes aimed at enhancing the common good without geographic or programmatic restrictions at inception.[1] [11] This open-ended charge reflected Harkness's intent for flexible philanthropy, drawing from her prior charitable activities, though it later evolved toward targeted initiatives in public health and rural welfare.[1] The endowment's scale positioned the Fund among early 20th-century foundations, enabling independent grantmaking under professional governance rather than family-directed giving.[12]Harkness Family Philanthropy
The Harkness family's philanthropy originated from the fortune amassed by Stephen V. Harkness, an early investor in Standard Oil who provided crucial capital to John D. Rockefeller in the 1860s, amassing substantial wealth from the oil industry's expansion.[1] Following Stephen's death in 1906, his widow Anna M. Harkness (1837–1926) channeled family resources into charitable endeavors, establishing the Commonwealth Fund on October 17, 1918, with an initial endowment of $10 million—equivalent to approximately $151 million in 2018 dollars—to promote human welfare without specified restrictions.[9] [10] Anna's creation of the Fund positioned her among the pioneering women founders of major U.S. philanthropic foundations, reflecting a deliberate extension of family giving beyond ad hoc donations.[13] Edward Stephen Harkness (1874–1940), Anna's son and heir to much of the family estate, served as the Commonwealth Fund's first president from its inception until his death, guiding its early programmatic directions while embodying the family's commitment to strategic philanthropy.[14] Under Edward's leadership, the Fund supported initiatives in rural health, medical research, and public welfare, drawing on the family's broader pattern of donations to institutions like Yale University and Harvard Medical School.[15] Additional contributions from Anna, Edward, and subsequent family bequests between 1918 and 1959 elevated the Fund's endowment to over $53 million, ensuring long-term financial stability for its welfare-oriented mission.[1] The Harknesses' approach emphasized impactful, evidence-based giving over publicity, with Edward and his wife Mary Emmons Harkness maintaining privacy despite their extensive benefactions, including endowments for hospitals, libraries, and educational programs.[16] This legacy of disciplined philanthropy, rooted in Standard Oil-derived wealth but directed toward societal improvement, distinguished the family from contemporaneous industrialists, prioritizing institutional capacity-building over personal acclaim.[15]Historical Evolution
Early 20th Century Initiatives (1918-1940s)
Following its establishment in 1918, the Commonwealth Fund directed resources toward public health improvements, with initial emphasis on child welfare and preventive care. In 1921, the organization launched the Program for the Prevention of Juvenile Delinquency, its first major initiative, which established eight child guidance clinics to integrate psychiatric, psychological, and social work services for addressing behavioral issues in youth.[17] This program advanced the emerging field of child guidance by promoting interdisciplinary approaches to mental health.[1] The Child Health Demonstration Program, initiated in 1922 in Fargo, North Dakota, exemplified early efforts to enhance pediatric health through community-based interventions. Expanded to sites such as Rutherford County, Tennessee (1924–1928), these demonstrations focused on disease prevention, hygiene education, nutrition, and sanitation, employing methods like school-based "health clocks" for teaching habits in four states and training midwives in modern techniques in areas including Athens, Georgia, and Rutherford County.[18] [19] Community engagement tactics, such as health "honor roll parades" in Marion County, Oregon, in 1928, fostered adoption of healthy practices and built local public health infrastructure.[18] From the late 1920s into the 1940s, the Fund prioritized rural healthcare access by funding the construction of over 100 hospitals adhering to elevated care standards, which facilitated inter-hospital collaborations and influenced subsequent federal policy like the 1946 Hill-Burton Act.[1] Complementary initiatives supported mental hygiene programs and public health advancements, including advocacy for safe milk production to reduce child mortality from contaminated sources and bolstering progressive public health departments.[20] These activities underscored a commitment to empirical demonstration projects that yielded scalable models for addressing underserved populations.[1]Mid-Century Shifts to Healthcare Focus (1950s-1980s)
In the 1950s, following World War II, the Commonwealth Fund directed resources toward addressing physician shortages by supporting the establishment of new medical schools aimed at serving underserved communities.[1] This period marked a consolidation of the Fund's longstanding interest in public health, transitioning from earlier demonstration projects in rural sanitation and child hygiene to broader efforts in medical education and access. In 1950, the Fund received a significant endowment boost of $99 million from the estate of Mary Harkness, equivalent to approximately $852 million in contemporary terms, which enabled expanded grantmaking in healthcare infrastructure and training.[1] The 1960s and early 1970s saw the Fund intensify its focus on delivering healthcare to underserved urban populations amid rising demographic pressures and social challenges in cities. Key initiatives included funding the nation's first nurse practitioner training program in 1966 at the University of Colorado and the inaugural physician assistant program in 1968 at Duke University, both designed to extend primary care in physician-scarce rural and inner-city settings.[21] These programs addressed practical barriers to care delivery, emphasizing task delegation to non-physician providers to improve efficiency without compromising quality, reflecting a pragmatic evolution from facility-building to workforce development. Concurrently, the Fund supported ambulatory care innovations, such as a 1971–1975 grant to Beth Israel Hospital for an advanced outpatient center that enhanced cost-effective, high-quality non-hospital services.[21] By the late 1970s, under President Carleton B. Chapman (1975–1980), the Fund advocated for reforms in medical school curricula to better prepare physicians for diverse patient needs, including those in urban environments.[1] This era solidified the Fund's pivot toward systemic healthcare improvements, phasing out broader welfare programs in favor of targeted interventions in access, education, and equity. In the 1980s, with Margaret E. Mahoney assuming leadership (1980–1994), the organization catalyzed the patient-centered care movement, addressing vulnerabilities in elderly services and academic health centers while restoring Harkness House in the early decade to host policy discussions on these issues.[1] These efforts underscored a causal emphasis on evidence-based delivery models, prioritizing measurable outcomes in quality and affordability over expansive philanthropy.[1]Modern Era and Policy Advocacy (1990s-Present)
In the 1990s, the Commonwealth Fund shifted its priorities toward addressing gaps in U.S. healthcare coverage, quality, efficiency, and cost containment, building on its longstanding healthcare focus. Under president Karen Davis, who served from 1995 to 2012, the foundation established the Commission on a High Performance Health System in 1995, which produced reports through 2013 analyzing systemic inefficiencies and recommending reforms to enhance access and outcomes.[1] In 1997, it refocused its international efforts by launching the Harkness Fellowships in Health Care Policy and Practice, fostering exchanges between U.S. and foreign policymakers to import effective practices, alongside an annual symposium on global health systems.[1] The foundation also supported child development initiatives amid growing political interest in early intervention, funding programs like the Assessing and Building Capacity for Child Development (ABCD) project to promote preventive care in underserved communities.[22] Policy advocacy intensified in the late 1990s and 2000s through evidence generation and dissemination, including a 1996 grant of $1.7 million to the Health Services Improvement Fund for New York City healthcare enhancements and a 2002 bequest allocation of $3.1 million toward patient safety research.[1] The foundation's reports critiqued fragmented U.S. payment models and advocated for aligned incentives, influencing debates on Medicare modernization and value-based care. By the 2000s, it created dedicated quality improvement programs, supporting research that informed the Patient Protection and Affordable Care Act of 2010, such as analyses of coverage expansions and primary care strengthening.[1][23] To amplify impact, the Commonwealth Fund expanded its Washington, D.C., presence and communications strategies, positioning itself as a data-driven convener for policymakers rather than a direct lobbyist. Under David Blumenthal, president from 2013 to 2022, the foundation emphasized evaluating post-ACA implementation, including payment reforms and disparities in access, while continuing international comparisons via reports like the Mirror, Mirror series that ranked U.S. performance against other high-income nations.[1] Blumenthal's tenure advanced work on high-value care models, such as bundled payments and accountable care organizations, drawing on empirical data to critique inefficiencies in private insurance markets. Since 2023, under president Joseph R. Betancourt, the focus has sharpened on health equity and system resilience, with policy briefs addressing underinsurance—estimated to affect over 20 million adults in 2024—and advocating for expanded public options amid rising costs, though critics note the foundation's preference for government-centric solutions may overlook market-driven innovations.[1][24] Throughout, advocacy relies on commissioned research and state-level assessments, prioritizing vulnerable populations while maintaining an endowment-driven model insulated from short-term political pressures.[1]Organizational Structure
Governance and Leadership
The Commonwealth Fund is governed by a Board of Directors that serves as the primary steward of its resources, overseeing activities, management, and strategic direction to ensure long-term sustainability.[25] [26] The Board, composed of experts in medicine, finance, public policy, and academia, delegates specific duties to standing committees as outlined in the organization's bylaws, effective November 9, 2019.[25] [26]| Name | Position | Affiliation |
|---|---|---|
| Margaret A. Hamburg, M.D. | Chairman | Co-president, InterAcademy Partnership; Nuclear Threat Initiative |
| Sheila P. Burke, R.N., M.P.A., FAAN | Vice Chairman | Strategic advisor, Baker Donelson; Faculty, Harvard Kennedy School |
| Joseph R. Betancourt, M.D., M.P.H. | President | President, Commonwealth Fund (assumed role in 2023; formerly senior vice president for Equity and Community Health, Massachusetts General Hospital) |
| Maureen Bisognano | Director | President emerita, Institute for Healthcare Improvement |
| Mitchell J. Blutt, M.D., M.B.A. | Director | Founder/CEO, Consonance Capital; Weill Cornell Medical College |
| Carrie L. Byington, M.D. | Director | Professor, UC San Diego; formerly UC Health System |
| Julian Harris, M.D., M.B.A. | Director | Chairman/CEO, ConcertoCare; Operating partner, Deerfield |
| Kathryn D. Haslanger | Director | CEO, JASA |
| Alan Jones | Director | Managing director, Wells Fargo Investment Banking |
| Vivian S. Lee, M.D., M.B.A. | Director | Executive fellow, Harvard Business School |
| Lois Quam | Director | Former president, Blue Shield of California |
| Jaewon Ryu, M.D., J.D. | Director | CEO, Risant Health; formerly Geisinger |
| Simon Stevens | Director | Chair, Cancer Research UK; Member, House of Lords |
| Laura Walker, M.B.A. | Director | President, Bennington College; formerly New York Public Radio |
Funding and Endowment Management
The Commonwealth Fund operates as a private foundation sustained entirely by its endowment, with no reliance on external donations or government funding. Established in 1918 through an initial bequest of nearly $10 million from Anna M. Harkness, the endowment originated as a personal philanthropic gift aimed at advancing public welfare.[13] [2] Subsequent contributions from the Harkness family further bolstered the principal, enabling perpetual operations without additional revenue streams. As of 2024, the endowment's total assets stood at approximately $876 million.[29] Endowment management emphasizes long-term preservation of purchasing power while generating sufficient returns to fund annual activities. The Fund's investment strategy prioritizes real total returns that outpace inflation and support grantmaking, typically distributing 4-5% of assets annually for programs.[30] To execute this, the Fund employs an outsourced chief investment officer (OCIO) model, partnering with Agility since 2016 to oversee a diversified portfolio across asset classes, including equities, fixed income, and alternatives.[30] This approach has historically delivered better-than-market returns with reduced volatility, as evidenced by lower standard deviation in performance metrics compared to benchmarks.[31] In fiscal year 2024, investment income generated $40.7 million in revenue, funding $48.9 million in expenses primarily for research grants, policy analysis, and administrative costs.[29] The Fund maintains transparency through audited financial statements and IRS Form 990-PF filings, which detail asset allocation, performance, and compliance with private foundation regulations requiring at least 5% annual distribution of assets.[32] Risk management integrates scenario planning and stress testing to safeguard against market downturns, aligning with the Fund's objective of inflation-adjusted stability to sustain mission-driven work indefinitely.[33]Mission and Core Activities
Stated Objectives and Priorities
The mission of the Commonwealth Fund, as articulated on its official website, is to promote a high-performing, equitable health care system that achieves better access, improved quality, and greater efficiency, particularly for society's most vulnerable populations, including people of color, those with low income, and the uninsured.[2] This objective traces back to the foundation's founding mandate in 1918 by Anna M. Harkness, who endowed it with $10 million to "do something for the welfare of mankind" and enhance the common good, though its focus has since narrowed to health care.[34] The Fund's priorities emphasize health equity, defined as ensuring that all individuals, regardless of income, insurance status, geography, gender, race, ethnicity, or ability, can obtain high-quality care without facing disparities in policy, practice, or outcomes.[2] To advance these goals, it supports independent research on health care issues and awards grants aimed at improving health care practice and policy, with an emphasis on stimulating innovative approaches in the United States and other industrialized nations.[2] Key program areas include expanding access and coverage, enhancing health care delivery, reducing costs to make care affordable, and addressing systemic inequities.[3] In recent statements, such as a September 2025 reflection by President Joel Weissman Betancourt, the Fund has reiterated its commitment to improving the health of Americans, especially those most in need, through evidence-based efforts to expand access, elevate care quality, ensure affordability, and promote equity.[35] These priorities are pursued via rigorous, impactful work that challenges the status quo in health policy and practice, while centering community perspectives and maintaining integrity in grantmaking and research.[34]Grantmaking and Research Support
The Commonwealth Fund supports independent research on health care issues through targeted grants to tax-exempt organizations, focusing on projects that inform policy, enhance practice, and address systemic challenges in access, delivery, affordability, and equity. Eligible activities include data collection and analyses, surveys, policy convenings, pilot studies, technical assistance, workshops, and communications efforts such as health journalism, with limited general operating support available only by invitation.[36] The Fund excludes funding for biomedical research, capital expenditures, endowments, deficit coverage, ongoing programs, individual scholarships (except designated fellowships), or religious activities unless explicitly secular.[36] Grant applications commence with a letter of inquiry submitted via the Fund's online portal on a rolling basis; full proposals are solicited only for initiatives aligning with strategic priorities, with responses typically issued within six weeks. Approvals occur monthly for small grants (up to $50,000, averaging $37,040) and intermediate grants ($50,001–$200,000, averaging $159,172), while board-level grants exceeding $200,000 (averaging $453,583) undergo quarterly review in April, July, or November. In fiscal year 2024–2025, the Fund's average grant duration was 11 months, with an overall average award of $178,699.[36] Recent grant examples illustrate priorities in policy-relevant research: $198,258 to Brown University for Medicare analysis, $49,200 to Harvard College for Medicare studies, and $13,000 to the Brookings Institution for behavioral health initiatives.[37] Broader allocations emphasize health equity (supporting 99 grants), delivery system reform, Medicaid expansion, and behavioral health integration, often funding organizations like universities, think tanks, and policy institutes to generate empirical evidence on cost containment, quality improvement, and coverage gaps.[37] In 2016–2017, total grantmaking reached $20,538,892, underscoring sustained investment in evidence-driven health system enhancements despite varying annual totals influenced by endowment performance and strategic shifts.[38] This approach privileges projects yielding actionable data over advocacy, though outputs frequently inform progressive-leaning policy debates on universal coverage and regulatory reforms, as critiqued in analyses of foundation influence on public health agendas.[36]Key Publications and Reports
International Healthcare Rankings
The Commonwealth Fund's international healthcare rankings are primarily disseminated through its "Mirror, Mirror" report series, which evaluates and compares health system performance across high-income countries. Initiated in 2004, the series has produced eight editions as of 2024, with reports released approximately every three years to assess evolving metrics.[39] These analyses focus on 10 nations—Australia, Canada, France, Germany, the Netherlands, New Zealand, Norway, Sweden, Switzerland, the United Kingdom, and the United States—using data from sources including the Commonwealth Fund's own international surveys of patients and primary care physicians, OECD health statistics, and national administrative records.[40] The methodology employs approximately 70 measures grouped into five domains: access to care (e.g., affordability barriers, timely appointments), care process (e.g., preventive services, patient engagement), administrative efficiency (e.g., billing complexity, discharge coordination), equity (e.g., disparities by income or race/ethnicity), and health outcomes (e.g., avoidable mortality, chronic disease management).[39] Scores are standardized, weighted equally across domains, and aggregated into overall rankings, with emphasis on empirical indicators rather than policy structures. The 2024 edition, for instance, drew on data up to 2022, highlighting post-pandemic trends such as increased U.S. cost-related access problems (41% of adults reporting skipped care due to expenses).[40] In the latest report, released September 19, 2024, the United States ranked last overall, trailing leaders Australia (first), the Netherlands (second), and the United Kingdom (third), despite per capita health spending of $12,555 in 2022—more than double the peer average.[39] The U.S. performed second in care process but last in access, equity, outcomes, and efficiency, with metrics showing higher rates of medical debt and preventable deaths (e.g., 88 excess deaths per 100,000 from amenable conditions compared to Australia's 42).[40] Earlier editions, such as 2021, similarly placed Norway, the Netherlands, and Australia at the top, underscoring persistent U.S. gaps in universal coverage and administrative burdens from its multi-payer system.[5] Critics have questioned the reports' methodology for over-relying on subjective survey data (e.g., patient-reported experiences comprising a significant portion of access and equity scores) and underemphasizing objective clinical innovations or wait times in universal systems, potentially biasing toward single-payer models.[41] For example, while the rankings penalize the U.S. for uninsured rates (around 8% in 2022), they incorporate fewer measures of advanced treatments where the U.S. leads, such as cancer survival rates.[42] The Fund's progressive policy orientation, evident in its advocacy for expanded coverage, may influence metric selection, though the reports cite peer-reviewed data and aim for comparability.[39]U.S. State and Domestic Assessments
The Commonwealth Fund publishes the Scorecard on State Health System Performance, a recurring series assessing and ranking the 50 U.S. states and the District of Columbia on key dimensions of health care delivery. First issued in 2007, the scorecard evaluates performance using dozens of indicators drawn from federal surveys, administrative data, and vital statistics, grouped into categories such as access to care, avoidance of care due to costs, quality of care, potentially avoidable hospital use and costs, healthy lives, and reproductive care.[43][44] The methodology standardizes indicators to per-1,000 population rates where applicable and benchmarks states against national averages or top performers, with updates incorporating recent data on equity and disparities.[45] Recent editions highlight variations in state performance, often correlating with policies like Medicaid expansion under the Affordable Care Act. The 2023 scorecard, based on 58 indicators, ranked Massachusetts first overall, followed by Hawaii and New Hampshire, while states like West Virginia, Mississippi, and Texas ranked lowest; it noted improvements in insurance coverage but persistent gaps in access and outcomes.[44] The 2025 edition, released on June 18, 2025, expanded to include equity metrics and reported historic lows in uninsured rates (averaging 8% for adults), with top performers Massachusetts, Hawaii, New Hampshire, Rhode Island, and the District of Columbia excelling in access and quality, contrasted by laggards including Oklahoma, Texas, and West Virginia.[46][47]| Overall Rank (2025) | State |
|---|---|
| 1 | Massachusetts |
| 2 | Hawaii |
| 3 | New Hampshire |
| 4 | Rhode Island |
| 5 | District of Columbia |
| ... | ... |
| 46 | Arkansas |
| 47 | Alabama |
| 48 | Oklahoma |
| 49 | Texas |
| 50 | West Virginia |