OVERVIEW: The Bristol-Myers Squibb Foundation (BMSF) funds programs that work to improve mental health treatment for returning U.S. military personnel suffering from mental disorders.
IP TAKE: This foundation tends to offer substantial grant support to equally substantial organizations. Smaller organizations will have a difficult time attracting BMSF’s notice.
PROFILE: The Bristol-Myers Squibb Foundation, established in 1955, is the charitable giving arm of the Bristol-Myers Squibb pharmaceutical company. The foundation seeks “to improve the health outcomes of populations disproportionately affected by serious diseases by strengthening healthcare worker capacity, integrating medical care and community-based supportive services, and mobilizing communities in the fight against disease.” Its mental health grantmaking prioritizes military veterans’ mental well-being.
More specifically, the foundation supports “community-based solutions to aid in the much-needed response to the mental health and community reintegration needs of veterans, military service members, their families and the families of the fallen.”
What is perhaps unique about BMSF’s funding in this field is that it addresses the financial and legal needs of mental illness patients along with the improvement of care. Grant amounts are rather substantial, ranging from around $150,000 to over $1 million. Most grants are awarded to large institutions, including hospitals, research centers, and universities.
There are some caveats to the Foundation's funding for veterans that are important to keep in mind. While the Foundation's focus on the mental health treatment of U.S. military veterans sets it apart from most grantmakers, veterans' organizations themselves cannot receive funding. Only outside organizations seeking to address this rising concern may be eligible for grants. Projects involving medical research of mental disorders are also ineligible for grants.
Grant seekers should keep in mind that BMSF limits its grants to organizations and medical institutions; the Foundation does not award grants to individual medical professionals, researchers or scientists.
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