Board reporting

Trustees of The Calder Foundation,

This year The Calder Foundation committed $6.93M across 7 opportunities and deployed $4.50M against our stated mandate of Rural + Maternal Health. 70% of deployed capital landed inside the mandate; 30% — $1.35M — extended into adjacent focus areas where care gaps were acute and the boards of grantee organizations met our readiness threshold.

Every dollar moved was milestone-verified. Disbursements released only after independent confirmation against federal and state registries. Where milestones slipped, capital was held; where milestones were met early, capital accelerated.

Headline allocations:
  • North Plains Maternal Care Initiative (Maternal health) — $1.40M deployed of $2.40M committed. Delivered: 47% reduction trailing 9 months. Verified via State perinatal registry.
  • Bayou Behavioral Access Network (Behavioral health) — $1.10M deployed of $1.80M committed. Delivered: trending 24 days at month 8. Verified via State Medicaid claims.
  • Cedar Ridge Rural Health Collaborative (Rural primary care) — $900K deployed of $1.20M committed. Delivered: 6,210 attributed lives at month 14. Verified via HRSA UDS.
  • Iron Range Maternal Outreach (Maternal health) — $480K deployed of $480K committed. Delivered: 94% on-time prenatal entry. Verified via MN birth registry.

Outcomes fully delivered against original projection:
  • Iron Range Maternal Outreach — delivered 94% on-time prenatal entry.

Looking into 2027: Maternal Health is 12 points under target on our internal mandate-drift report; two funding-ready opportunities — North Plains Maternal Care Initiative and Iron Range Maternal Outreach — can absorb the rebalance in a single cycle. Behavioral Health deployments were not in the original mandate but closed care gaps adjacent to it; the board is asked to formally expand the mandate or rebalance the 2027 cycle accordingly.

The full readiness file and disbursement audit trail for each opportunity is available in the cockpit. This letter is generated from that data — every figure is traceable to its source.

Respectfully,
The Allocation Committee, The Calder Foundation
Generated from CHELCIE Foundation Compass · 2026-06-17