Commonwealth Fund is an independent non-profit foundation based in New York City, New York. Established in 1918 by Anna Harkness, the private foundation aims 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 adults. The board of directors of the foundation, assisted by the investment committee oversees the overall administration of the funds.Commonwealth Fund's investment portfolio is valued at $749.99 million, with investments in domestic and international equity, fixed income, private equity, and cash.