Core Insights - The HealthEquity Community Foundation has awarded a total of $50,000 in grants to 20 nonprofit organizations focused on physical and mental health, financial literacy, and basic needs [1][3] - The foundation has seen a 50% increase in funding for mental health initiatives since its first round of funding, reflecting its commitment to holistic community wellness [3] - A new leader, Stephanie Larsen, will take over as president later this year, succeeding Dale Miller, who has been instrumental in launching the foundation [4][5] Funding and Support - The funding will support various operational activities, including providing food, clothing, and expert medical care to vulnerable populations [1][2] - The next grant cycle is open for applications until September 30, 2025, encouraging eligible 501(c)(3) organizations to apply [5] Organizational Impact - The foundation aims to connect health and financial well-being, particularly among underserved groups, as it continues to grow and innovate [5] - HealthEquity administers HSAs and other consumer-directed benefits for over 17 million accounts, partnering with employers and benefits advisors to improve health outcomes [7][8]