# Henry J. Kaiser Foundation

Henry J. Kaiser Foundation is an Endowment / Foundation based in San Francisco, United States.

## Overview

- **Organization type:** Endowment / Foundation
- **Headquarters:** San Francisco, United States
- **Region:** North America
- **Address:** 185 Berry Street, Suite 2000, San Francisco, CA 94107, United States
- **Founded:** 1948
- **Assets under management:** 741 (Altss estimate)
- **Website:** kff.org
- **LinkedIn:** https://www.linkedin.com/company/kfforg

## Regulatory record

- **Reports private funds:** No

## About

The Henry J. Kaiser Foundation was established in 1948 by industrialist Henry J. Kaiser. Drew Altman has served as president and CEO since 1991 and is credited with shaping its current operating model focused on health policy analysis. The foundation allocates across private equity, real estate, and venture capital. Confirmed holdings include ONSET Ventures and Alloy Ventures. It maintains a wholly owned subsidiary in Mauritius for India-focused private equity and reports a tobacco exclusion policy for its investments. Geographic exposure centers on the United States with additional activity through the Mauritius vehicle. The foundation employs staff across its San Francisco headquarters and Washington, DC office. It owns the Barbara Jordan Conference Center in DC and previously held the Quadrus complex on Sand Hill Road, sold between 2015 and 2018. In May 2025 it sponsored the National Voices of Medicare Summit. Governance centers on a board that includes former public officials and separates operating programs from the endowment management function run by the CIO.

## Sectors

- Healthcare

## Offices

- Washington, DC, United States

## People

- Drew Altman — President and CEO
- Dean Duchak — Chief Investment Officer
- Olympia Snowe — Chair of the Board of Trustees
- Kathleen Sebelius — Trustee

## Questions

### Who runs investment decisions at the Henry J. Kaiser Foundation?

Dean Duchak serves as Chief Investment Officer. The board of trustees, chaired by Olympia Snowe, provides oversight on endowment matters.

### Does the Henry J. Kaiser Foundation participate in fund commitments or only direct deals?

It also maintains direct ownership of real estate assets and wholly owned subsidiaries.

### What investment stages does the Henry J. Kaiser Foundation typically target?

Its venture holdings include early-stage and growth funds. Private equity exposure spans buyout and co-investment strategies according to allocation records.

### How is the Henry J. Kaiser Foundation related to other health funders?

It partners with the Peterson Foundation on the Peterson-KFF Health System Tracker and has collaborated with the Bill & Melinda Gates Foundation on global health policy projects.

## Related profiles

- [Quinnipiac University Endowment](https://altss.com/profile/quinnipiac-university-endowment)
- [J. Safra Sarasin Pension Fund](https://altss.com/profile/j-safra-sarasin-pension-fund)

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Last updated: 2026-06-03T20:00:00.000Z

Canonical page: https://altss.com/profile/henry-j-kaiser-foundation

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