Startups
California Health Care Foundation
California Health Care Foundation (CHCF) is an independent California nonprofit philanthropy working to improve access, affordability and equity in health care, particularly for people with low incomes served by Medi-Cal. Its CHCF Innovation Fund, formerly styled Health Innovation Fund, is an internal mission-investment program operating since2010, rather than a separately raised outside-LP venture partnership. It invests in early- through growth-stage health-services and information-technology companies and currently focuses on artificial intelligence for safety-net health care. Program-related investments can be loans with warrant coverage or equity investments; their primary objective is charitable impact, with repayments and exits recycled into mission activities. Investments and grants are distinct, and adoption grants may go to providers rather than portfolio companies. Own reporting describes overUSD30M committed to40companies cumulatively; that figure is not a fund closing or verified paid cash. Qualified Health received a specifically disclosedUSD500,000 PRI inMarch2025. The linked investor represents the foundation through its internal Innovation Fund; no duplicate parent or unit investor is created.
Team
 Ambar BhattacharyyaAdviser, Innovation Fund |
 Brian CheeAdviser, Innovation Fund |
 Chris GrantAdviser, Innovation Fund |
 Hilda MartinezSenior Communications Officer, Innovation Fund |
 James PrecourProgram Associate, Innovation Fund |
 Lisa AliferisSenior Communications Officer, Innovation Fund |
 Martin FelsenthalAdviser, Innovation Fund |
 Meera ManiAdviser, Innovation Fund |
 Melissa BuckleyDirector, Innovation Fund |
 Stella TranSenior Program Investment Officer, Innovation Fund |
