CVS Health Foundation grants $4 million as part of its new healthy aging initiative

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Funding will support organizations serving older adults in Atlanta, Boynton Beach, Chicago and New York City, bridging gaps in local health care and social systems

WOONSOCKET, R.I., Jan. 23, 2025 /PRNewswire/ -- The CVS Health® Foundation (NYSE: CVS) today announced $4 million in grants over five years as part of its new Healthy Aging initiative to support Atlanta Regional Collaborative for Health Improvement in Atlanta, GA, Center for Better Aging in Chicago, IL, EngageWell Independent Provider Association in New York, NY and Palm Health Foundation in Boynton Beach, FL. Each organization will receive $1 million in funding to improve health care access and resources for aging community members with brain, heart and behavioral conditions, as well as their caregivers.

Image provided by CVS Health
Image provided by CVS Health

"People over the age of 65 are enjoying longer, more active lives and make up the largest generation of older adults in U.S. history," said Sheryl Burke, Senior Vice President of Corporate Social Responsibility and Chief Sustainability Officer at CVS Health. "We're excited to work with each of these organizations that are making a significant impact by preparing and providing the health care and resources our communities need for the generational shift of aging Americans."

Americans are having fewer children and living longer. According to the Census Bureau, more people in the U.S. will likely be over 64 than under 18 by 2034. With this rise in aging Americans, the CVS Health Foundation identified an opportunity to introduce Healthy Aging as a new focus area for giving. The new grants will support organizations working to help simplify a complex care navigation process and bridge a critical gap in local health care and social systems to help older adults lead healthy lives.

Atlanta Regional Collaborative for Health Improvement (ARCHI)
The Atlanta Regional Collaborative for Health Improvement will use the grant to enhance its Community Resource Hub to help older adults with brain, heart and behavioral health conditions connect to essential health care and resources. With this funding, ARCHI plans to expand its network of partners to better serve aging adults and improve access to medically tailored meals and educational services.

"Collaboration — like here with the CVS Health Foundation — has shown us that when we work together, we can indeed invert the burden from those who have traditionally been left out of good health, including many of our city's underserved elders," said Jeffrey M. Smythe, Executive Director of Atlanta Regional Collaborative for Health Improvement. "The system can indeed bear that burden, we can change the system of care to be more person-centered, and we look forward to this opportunity to further expand the work of these dedicated partners."