Core Insights - HealthEquity Community Foundation announced a total of $50,000 in funding awarded to 20 nonprofit organizations in the summer 2025 grant cycle, supporting various operational activities including food, clothing, and medical care [1] - The foundation has increased funding across its core focus areas, with a notable 50% increase in support for mental health initiatives since the first funding round [3] - The foundation will welcome a new president, Stephanie Larsen, later this year, who has over a decade of experience at HealthEquity and a strong public health background [4] Funding and Support - The funding will assist vulnerable populations by providing free dental, vision, and medical care, addressing immense demand for these services [2] - The next grant cycle is currently open for eligible 501(c)(3) organizations to apply until September 30, 2025 [5] - The foundation plans to provide additional funding rounds twice each year, emphasizing its commitment to community wellness [6] Organizational Overview - HealthEquity administers HSAs and various consumer-directed benefits for over 17 million accounts, partnering with employers and benefits advisors to enhance healthcare consumer empowerment [7]