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Delaware First Health and the Centene Foundation Announce Grant Program Recipients

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Delaware First Health (NYSE: CNC) and the Centene Foundation announced a $500,000 grant initiative to support Delaware community organizations addressing social drivers of health. The program will distribute over $500,000 to multiple nonprofit groups, prioritizing projects focused on housing insecurity and transportation access.

Recipients named include Family Promise of Northern New Castle County, Beebe Medical Foundation, and La Red Health Center. Grants were awarded after a competitive application and review process. For more information, visit the Delaware First Health grants page.

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News Market Reaction

+4.67%
7 alerts
+4.67% News Effect
+$792M Valuation Impact
$17.75B Market Cap
0.2x Rel. Volume

On the day this news was published, CNC gained 4.67%, reflecting a moderate positive market reaction. Our momentum scanner triggered 7 alerts that day, indicating moderate trading interest and price volatility. This price movement added approximately $792M to the company's valuation, bringing the market cap to $17.75B at that time.

Data tracked by StockTitan Argus on the day of publication.

Grants awarded to Delaware community-based organizations tackling housing insecurity and transportation barriers

NEWARK, Del., Nov. 4, 2025 /PRNewswire/ -- Delaware First Health, a leading Medicaid managed care organization in Delaware, and the Centene Foundation, the philanthropic arm of Centene Corporation (NYSE: CNC), today announced the recipients of a $500,000 grant initiative aimed at improving health outcomes in Delaware communities.

Delaware First Health and the Centene Foundation opened the grant program earlier this year as part of its commitment to address drivers of health in Delaware. As part of this initiative, Delaware First Health will distribute over $500,000 to support local, nonprofit, community-based organizations that are working to address drivers of health.

Grants will be awarded to multiple organizations serving high-need communities across Delaware, with priority given to organizations addressing housing insecurity and transportation accessibility. The following organizations have been awarded a grant through this initiative:

"We believe that health starts in the community. By investing in organizations that are tackling housing and transportation challenges head-on, we're helping build a stronger, healthier Delaware – one neighborhood at a time," said Bill Wilson, plan president and CEO of Delaware First Health.

Delaware First Health and the Centene Foundation awarded grants after a competitive application and review process. For more information about the grants program, visit: https://www.delawarefirsthealth.com/grants

About Delaware First Health 
Established in 2023, Delaware First Health provides government-sponsored managed care services to families across Delaware through Medicaid (Delaware First Health), Marketplace (Ambetter Health of Delaware), Medicare Advantage (Wellcare), and Medicare Prescription Drug Plans (Wellcare). By building strong community partnerships that support access to wholistic and culturally competent care, Delaware First Health is transforming the health of the communities we serve, one person at a time. Delaware First Health is a Centene Corporation company. For more information, please visit DelawareFirstHealth.com. 

About Centene Foundation
The Centene Foundation (the "Foundation"), a private nonprofit focused on investing in economically challenged communities, is the philanthropic arm of Centene Corporation (NYSE: CNC) ("Centene"). The Foundation supports projects and initiatives strategically aligned with Centene's mission-driven culture and enhances the work Centene is doing to remove the barriers to wellness underserved and low-income populations face. The Foundation is committed to addressing drivers of health and improving health equity in three distinct areas of focus: healthcare access, social services and education. To learn more, visit the Centene Foundation's website.

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/delaware-first-health-and-the-centene-foundation-announce-grant-program-recipients-302603514.html

SOURCE Delaware First Health

FAQ

What is the size and purpose of the Centene Foundation grant announced on November 4, 2025 for CNC?

The initiative totals $500,000 and funds nonprofits addressing housing insecurity and transportation barriers in Delaware.

Which organizations received grants from Delaware First Health and the Centene Foundation on November 4, 2025?

Awardees named were Family Promise of Northern New Castle County, Beebe Medical Foundation, and La Red Health Center.

How will the November 4, 2025 CNC grant program prioritize funding decisions?

Priority was given to organizations addressing housing insecurity and transportation accessibility in high-need Delaware communities.

How were recipients selected for the November 4, 2025 Centene Foundation grant to Delaware First Health?

Recipients were chosen after a competitive application and review process.

Where can investors find more details about the Delaware First Health grants announced November 4, 2025?

More information is available on the Delaware First Health grants page at https://www.delawarefirsthealth.com/grants.
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