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  • Leslie Knapp - The Commonwealth Fund
    Health System Data Center Multimedia Grants Fellowships Grants Fellowships Programs Applicant Resources Grantee Resources About Us Staff Contact Information Leslie Knapp Leslie Knapp Senior Financial Associate The Commonwealth Fund lk cmwf org 212 606 3863 Add to My Library Print Leslie Knapp is senior financial associate for the Commonwealth Fund She joined the Fund in October 1999 and in this role she reports to the controller She is responsible for the Fund s accounts payable system account reconciliations accounting analyses and other duties as requested by the controller Prior to joining the Fund she worked at the United Nations Federal Credit Union for five years and was responsible for accounts payable Ms Knapp holds a B A in Economics from Hunter College e Alerts and Newsletter Sign up Mission Statement Board of Directors Staff Contact Information Annual Reports Financial Reports Governance and Policies Privacy and Editorial Policies Foundation History Foundation Management and Performance Newsroom Events Job Opportunities Mission The mission of The Commonwealth Fund is to promote a high performing health care system that achieves better access improved quality and greater efficiency particularly for society s most vulnerable including low income people the uninsured minority Americans young children and elderly

    Original URL path: http://authoring.commonwealthfund.org/about-us/staff-contact-information/treasurers-and-administrative-staff/accounting/knapp-leslie (2016-04-30)
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  • The Archives of U.S. Foundations: An Endangered Species - The Commonwealth Fund
    may have enduring cultural historical research or institutional value Ideally an archive should be part of a comprehensive records management program consisting of a records policy a short term records retention schedule and an archive collection policy As important as archives can be little has been written about them in the foundation management literature In truth the creation and maintenance of archives if undertaken at all is typically an afterthought and rarely considered a key information management responsibility As the U S foundation sector matures more attention must be paid to the retention and safekeeping of records that are important to historians who document not only the work people and institutions that foundations support but also the very foundations themselves Using data collected on the 300 largest U S foundations through a survey commissioned by The Commonwealth Fund in fall 2012 this essay reports on the current status of archiving in the foundation sector and recommends ways to improve policies and practices in an area that is too often overlooked 1 To read the complete essay download The Archives of US Foundations An Endangered Species e Alerts and Newsletter Sign up Downloads Annual Report Essay Publication Details Publication Date December

    Original URL path: http://authoring.commonwealthfund.org/publications/annual-report-essays/2012/dec/the-archives-of-us-foundations (2016-04-30)
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  • Bringing the International Experience to Bear on the U.S. Health Reform Debate: The Commonwealth Fund's Harkness Fellowships Program - The Commonwealth Fund
    in experienced professionals through individual projects that advance particular strategies But foundations also have a long history of investing in people more overtly through programs that seek to help launch or transform the careers of especially promising individuals The payoff of such investments is generally expected to be long term and not necessarily directly tied to a foundation s immediate program thrusts In the United States well known fellowship and scholars programs in the health care field include the Robert Wood Johnson Foundation s Clinical Scholars program Health Policy Fellowships and Executive Nurse Fellows program Most recently the Josiah Macy Jr Foundation in 2010 established the Macy Faculty Scholars program to identify and nurture the careers of educational innovators in medicine and nursing In addition to such foundation owned programs a number of foundations choose to invest in people through organizations with ongoing programs such as the National Medical Fellowships which since 1948 has supported the training of minority physicians The Commonwealth Fund has a long history of investing in people through fellowship programs beginning in 1925 with the Harkness Fellowships In addition to this international program the Fund has supported such individual career development activities as Commonwealth Fund Advanced Medical Fellowships 1937 70 precursor to the Robert Wood Johnson Clinical Scholars program the Fellowship Program in Academic Medicine for Minority Students 1985 93 the Executive Nurse Fellowships program 1988 97 the Mongan Commonwealth Fund Fellowship Program 1996 present formerly Commonwealth Fund Harvard University Fellowship in Minority Health Policy and the Association of Health Care Journalists Media Fellowships on Health Performance 2010 present This essay reports on a review of the Fund s international Harkness Fellowships in Health Care Policy and Practice program which was undertaken in 2011 at the request of the foundation s board of directors The findings

    Original URL path: http://authoring.commonwealthfund.org/publications/annual-report-essays/2012/mar/bringing-the-international-experience (2016-04-30)
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  • Modernizing the 990-PF to Advance the Accountability and Performance of Foundations: A Modest Proposal - The Commonwealth Fund
    the IRS is by default the only real regulator of foundations except in instances where an attorney general has been alerted to the possibility of significant misbehavior by a foundation To obtain the information needed to exercise its regulatory responsibilities the IRS relies principally on an annual filing by private foundations the Form 990 PF tax return While it also conducts periodic audits of individual foundations the sheer number of organizations together with the IRS s record of reaping minimal revenue from costly audits makes the 990 PF filing the overwhelming choice of regulatory tool The 990 PF also provides foundations with an important tool for self regulation helps journalists serve as accountability watchdogs and generates data used by the Foundation Center to maintain its databases and research reports on the foundation sector 2 If the 990 PF is a necessary requirement of private foundations it is also a costly one estimated total filing costs in 2008 for all foundations was 675 million Exhibit 2 3 To put this number in perspective it is the equivalent of the required payout for charitable purposes of a perpetual foundation with 13 billion in assets Such a foundation would be the second largest falling somewhere in between the Bill and Melinda Gates Foundation and the Ford Foundation Further combined 990 PF preparation costs are greater than the 552 million in average total annual excise tax receipts generated by the return 4 Clearly the return should be structured for maximum efficiency so that it can meet its regulatory aims while minimizing forgone charitable expenditures As described below the 990 PF has served its principal purpose of eliminating the abuses in the foundation field that existed prior to 1970 and has helped steer foundations away from inappropriate activities since that time But it has failed to keep up with the evolution of the foundation sector over the last 40 years As both an instrument of basic regulation and tax collection and a tool for promoting strong performance among private foundations the 990 PF is seriously flawed Its modernization could yield many benefits to the sector and more important to the hundreds of thousands of nonprofit organizations that foundations serve This essay traces the history of the 990 PF to reveal how its current structure and content came to be It then analyzes the return s shortcomings and discusses how the 990 PF could be transformed into a more effective instrument for promoting accountability and best practices in the foundation sector Although it will not be possible to implement all of the recommendations in the debate over reform and simplification of our federal tax code modernizing Form 990 PF should be given serious consideration To read the complete essay download Modernizing the 990 PF to Advance the Accountability and Performance of Foundations A Modest Proposal 1 Foundation Yearbook 2010 Edition New York The Foundation Center foundationcenter org Data are for 2008 2 The privately funded and nonprofit Foundation Center maintains the most comprehensive database on U

    Original URL path: http://authoring.commonwealthfund.org/publications/annual-report-essays/2011/modernizing-the-990-pf (2016-04-30)
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  • Rethinking the Management of Foundation Endowments - The Commonwealth Fund
    Authors John E Craig Citation J E Craig Rethinking the Management of Foundation Endowments The Commonwealth Fund March 2010 Add to My Library Print As the implications of the 2008 09 financial crisis for the world economy and markets have become clearer many foundation executives and investment committees are reassessing their approach to endowment management This essay reports on the effects of the recent turmoil on foundation endowments thus far and offers lessons from the crisis and earlier ones that could help boards and investment committees responsible for foundation endowments avoid mistakes going forward The essay concludes with an analysis of alternative models available to foundations for managing their endowments highlighting the strengths and weaknesses of each and providing recommendations on preferred models Download the PDF at left to read the complete essay e Alerts and Newsletter Sign up Downloads EVP COO Annual Report Essay Publication Details Publication Date March 15 2010 Authors John E Craig Citation J E Craig Rethinking the Management of Foundation Endowments The Commonwealth Fund March 2010 Related Publications May 3 2016 Envisioning a Digital Health Advisor April 28 2016 High Maps Test Mission The mission of The Commonwealth Fund is to promote a high performing

    Original URL path: http://authoring.commonwealthfund.org/publications/annual-report-essays/2010/march/rethinking-the-management-of-foundation-endowments (2016-04-30)
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  • New Financial Realities: The Response of Private Foundations - The Commonwealth Fund
    financial system has experienced the most severe turmoil since the Great Depression of the 1930s stresses that in September 2008 came close to completely freezing up the flow of credit that is the lifeline of all economic activity The ensuing bankruptcies and fire sales of financial powerhouses and the government s interventions have fundamentally changed the structure of Wall Street and international financial markets At this point actions by the U S Federal Reserve U S Treasury and other countries financial overseers have brought the financial system back from the brink of collapse The Obama administration and Congress have taken further steps including the enactment of an economic stimulus package of unprecedented proportions Efforts are also under way to identify improvements in regulatory and market structures needed to address the flaws that produced the crisis Although the real world impact of financial chaos is just beginning to unfold it is useful at this point to contemplate the implications for private foundations and the constituencies they serve I begin with a summation of the causes of the crisis and then discuss the impact on markets in general and private foundations in particular Next after presenting a framework for analyzing the extraordinarily diverse U S private foundation sector I offer some lessons on endowment management that foundations might take from the ongoing crisis Finally I turn to thoughts on how the spending plans and program strategies of these institutions are likely to be affected as they survey the damage that has been inflicted in recent months Download the PDF at left to read the complete essay e Alerts and Newsletter Sign up Downloads EVP COO Annual Report Essay Publication Details Publication Date March 12 2009 Authors John E Craig Citation J E Craig New Financial Realities The Response of Private Foundations The

    Original URL path: http://authoring.commonwealthfund.org/publications/annual-report-essays/2009/mar/new-financial-realities-the-response-of-private-foundations (2016-04-30)
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  • Caring for Coronary Artery Disease in China: Managing Modernization - The Commonwealth Fund
    commentary in JAMA Internal Medicine Commonwealth Fund President David Blumenthal M D and colleagues remark on a study Zheng et al that documented a dramatic increase in the number of procedures for coronary artery disease CAD in China The procedures coronary artery catheterizations and percutaneous coronary interventions increased more than 15 fold in urban Chinese hospitals from 2001 to 2011 Explaining the Numbers The authors explain that during the 10 year period China significantly expanded health insurance coverage for a population that had been largely uninsured and lacked access to even basic health care services This expanded access likely uncovered substantial unmet need for CAD care At the same time increasing modernization urbanization and consumer wealth have led to lifestyle changes like higher consumption of meat and dairy products less exercise and greater obesity Additional risk factors include China s high rate of smoking and severe levels of air pollution Finally the authors point to China s lightly regulated and highly profit driven health care system where hospitals and physicians are primarily paid fee for service and are financially intertwined with drug and device companies Implications for China s Health Care System The history of other modernizing countries suggests that in addition to CAD China will soon see a rise in conditions like cancer diabetes and pulmonary disease Combined with increased access to care this disease burden will put an extraordinary strain on the country s health care system To manage the demand for care the authors say China will likely need to invest heavily in public health campaigns take steps to promote high value care and alter incentives that encourage overuse of care e Alerts and Newsletter Sign up Publication Details Publication Date March 15 2016 Authors David Blumenthal M D William C Hsiao and Daniel M Blumenthal Contact

    Original URL path: http://authoring.commonwealthfund.org/publications/in-brief/2016/mar/caring-for-coronary-artery-disease-in-china (2016-04-30)
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  • Better Health Care: A Way Forward - The Commonwealth Fund
    9 trillion to retire the national debt And if the national rate of health insurance coverage were the same as the average of the five U S states with the highest rates an estimated 20 million more Americans would have been insured in 2014 What the Study Found Writing in the Journal of the American Medical Association Commonwealth Fund President David Blumenthal M D looks at three areas where the U S can make large improvements yielding great benefits to the American people Expanding access to health care services Because of the Affordable Care Act the uninsured rate stands at a historic low of 9 percent But continued gains would be possible by broadening the Medicaid expansion to additional states by ensuring the viability of the insurance marketplaces by reaching out to a diverse population of enrollees and by maintaining the law s individual mandate Controlling the costs of care The last five years have been marked by modest health care cost growth Maintaining this low growth rate will require a move away from fee for service reimbursement and toward approaches like accountable care organizations and bundled payment It will also be important to find a way to control the cost of prescription drugs potentially by allowing Medicare and Medicaid to negotiate with pharmaceutical companies Improving quality of care Reforming payment to reflect and reward the quality of care delivered will require simplified measurement systems data collection that can deliver feedback in close to real time and the ability for medical information to follow patients through the health care system Conclusion Changing our massive complex health system will be a difficult challenge But domestic and international models show it is possible The means to improve exist if the political will exists to seize them concludes the author e Alerts and

    Original URL path: http://authoring.commonwealthfund.org/publications/in-brief/2016/mar/better-health-care (2016-04-30)
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