COASTAL BLOOD FOUNDATION, INC.
JACKSONVILLE, FLORIDA

The Coastal Blood Foundation is committed to ensuring a safe, reliable blood supply and fighting blood-related illnesses in First Coast communities. Through grant funding for research, education and outreach initiatives, we’re helping improve the health and wellbeing of citizens throughout our region — and beyond. Our Mission The mission of the Coastal Blood Foundation is to extend the legacy of The Blood Alliance, established as the Jacksonville Blood Bank in 1942 through volunteer funding, by investing all proceeds of the non-profit’s sale back into the communities served via focused funding of research and innovation for blood and blood-related products and services, related education, as well as identifying and supporting community outreach activities that continue the fight against blood-related diseases. Coastal Blood Foundation is constituted of a volunteer Board of Directors with a goal of being low-cost to operate, so that the Foundation’s assets may go to support activities and interests that benefit the public. Certain administrative costs, such as facilities management and accounting, are contracted instead of staffed. Grant making and grant management activities are delegated primarily to two not-for-profit foundations having deep expertise in their respective fields of service: Jacksonville’s The Community Foundation For Northeast Florida and AABB’s National Blood Foundation. The Community Foundation For Northeast Florida is a Jacksonville, Florida based organization that focuses on civic and philanthropic leadership throughout Northeast Florida. Generous giving and prudent investing have grown this community foundation to $343 million and provided for $410 million in total grants since the beginning. One of The Community Foundation For Northeast Florida’s key programs is to receive charitable contributions into its Donor-Advised-Funds, one of which includes the Coastal Blood Foundation Charitable Fund. This valuable program administers Coastal Blood Foundation’s giving to the non-profit transfusion and cellular medicine research, education and innovation community. Grants made to area agencies are vetted, evaluated and administered almost in total by The Community Foundation For Northeast Florida. In addition to funding these initiatives as advised by Coastal Blood Foundation, a portion of Coastal Blood Foundation’s philanthropy is used to support the programs championed by The Community Foundation For Northeast Florida. The AABB National Blood Foundation’s mission is to fuel innovation in transfusion medicine and cellular therapies for the benefit of patients and donors. It is a charitable foundation, formed in 1983, distributing funding to support research and education in all aspects of blood banking, transfusion medicine, cellular therapies, and patient blood management. It raises money from AABB institutional and individual members, corporations, foundations and others for the National Blood Foundation Research and Education Trust, a 509(a)(3) organization. Since its inception, the National Blood Foundation has awarded over $9 million to early-career investigators through its Scientific Research Grants Program. Grant proposals are competitively evaluated by the Scientific Research Grants Review Committee, constituted of scientific experts on the research of the submitted proposals, using the NIH criteria as a basis for the evaluations. Grants from Coastal Blood Foundation to the National Blood Foundation may be in the form of donor-advised grants (through The Community Foundation For Northeast Florida) to the early-career investigators program, to other innovative projects identified from time to time for multi-year research/education projects, or for other transfusion and cellular therapies identified to improve patient safety. The Coastal Blood Foundation is governed by a board of directors of up to 20 individuals, including a president who serves ex-officio as a member of the board. Each director is eligible to serve up to three four-year terms. A director is reviewed by the full board before election to a new term. The board sets policies and strategic direction for the Foundation; approves grantmaking areas, initiatives and grants in excess of $500,000; and oversees investments and the audit process. The board also reviews the performance of the president and approves compensation for the president and senior staff. The Coastal Blood Foundation is building on the legacy of The Blood Alliance, a non-profit organization with a 73-year history of providing a safe, available and affordable blood supply to First Coast and nearby hospitals. When The Blood Alliance merged with the non-profit Orlando-based OneBlood in 2015, proceeds from the transaction created an endowment for the Coastal Blood Foundation to support blood-related research, education and outreach initiatives. — The Jacksonville Blood Bank is founded to provide a safe and reliable supply of donated blood and blood products to local hospitals. — The Blood Alliance is sold to OneBlood, and the Coastal Blood Foundation commits to investing all proceeds back into the communities served. Our Mission The mission of the Coastal Blood Foundation is to extend the legacy of The Blood Alliance, established as the Jacksonville Blood Bank in 1942 through volunteer funding, by investing all proceeds of the non-profit’s sale back into the communities served via focused funding of research and innovation for blood and blood-related products and services, related education, as well as identifying and supporting community outreach activities that continue the fight against blood-related diseases. Our Mission The mission of the Coastal Blood Foundation is to extend the legacy of The Blood Alliance, established as the Jacksonville Blood Bank in 1942 through volunteer funding, by investing all proceeds of the non-profit’s sale back into the communities served via focused funding of research and innovation for blood and blood-related products and services, related education, as well as identifying and supporting community outreach activities that continue the fight against blood-related diseases.