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The Health Endowment Fund was created through passage of Public Act 4 of 2013. The Board was established as a result of the law creating the nonprofit Health Care Corporation Reform Act, which authorizes certain changes on how Blue Cross Blue Shield of Michigan operates in this state. The law requires Blue Cross Blue Shield of Michigan to contribute up to $1.56 billion over 18 years to a Health Endowment Fund. The Fund’s purpose is to support efforts to improve the quality of health care while reducing costs and to benefit the health and wellness through funding of programs for minor children and seniors throughout the state with a significant focus on infant mortality, behavioral health, healthy aging, wellness and fitness programs, access to healthy food, technology enhancements, health related transportation needs and foodborne illness prevention.


The mission of the Michigan Health Endowment Fund is to improve the health of Michigan residents, with special emphasis on the health and wellness of children and seniors, while reducing the cost of health care.


The goal of the Fund is to have a significant and measurable impact on improving the health of Michigan residents.

Public Acts

The Michigan Health Endowment Fund was established by action of the Michigan Legislature with the passage of two public acts. These acts are as follows:

Financial Audits


Conflicts of Interest Policy

The Michigan Health Endowment Fund strives to maintain the highest ethical standards in all policies, procedures, and programs and to avoid any conflict of interest.

Conflicts of interest may be of varying forms or degrees and may be real or apparent. To address actual and potential conflicts of interest, the following procedures will be followed:


When a member of the Board, an officer, or a committee member has a direct or indirect interest in any matter before the Fund, he or she will disclose such interest to the Board of Directors before the Board takes any action on the matter. Such interest will be made a matter of record, either when the interest becomes a matter of Board action or committee action or as part of a periodic procedure to be established by the Board. At a minimum, the Board shall record the member’s disclosure in the minutes of the Board meeting. A direct or indirect interest will be considered to exist when a Board member, officer, or committee member, or a member of his or her immediate family or close relative is an officer, director, trustee, partner, employee, or agent of an organization seeking to provide services or facilities to the Fund, or has any other substantial interest or dealings with the organization.


If a Board member or a member of his or her immediate family, organizationally or individually, would derive a direct and specific benefit from a decision of the Board, that member shall recuse himself or herself from the discussion and the vote on the issue. However, he or she may be counted in determining a quorum for the meeting at which the matter is voted upon, as permitted by law. The Board should obtain and rely on appropriate comparability data. The minutes of the meeting should reflect that the disclosure was made, that the interested Board member or committee member abstained from voting, whether his or her presence was counted in determining a quorum, and whether comparability data was considered and used as a basis for making the decision. The comparability data should be attached to the minutes and made a part of the record.

Determining Compensation

The process for determining compensation of the Fund’s Executive Director, other officers, or key employees will include review and approval by independent persons, use of comparability data and contemporaneous substantiation of the deliberation and decision. An independent person is defined as a director, officer, or member of a committee with governing Board-delegated powers who does not have a direct or indirect financial interest in the Fund.

Statement of Position

The foregoing requirements should not be construed to prevent a Board member or officer from answering questions of other Board members relating to the matter

Conflict of Interest Policy: Approved by Board; January 14, 2014