SAN FRANCISCO (MARCH 22, 2018) – Blue Shield of California today announced Blue Shield of California Foundation’s headquarters will be relocated to an iconic downtown San Francisco building in the fall of 2018.
Blue Shield, a nonprofit health plan, announced last year that it will move its corporate headquarters from San Francisco to Oakland in 2019 to reduce administrative costs, provide a new, state-of-the-art facility for its employees and strengthen the company’s position for long-term sustainable growth. Blue Shield also committed to maintain a substantial presence in San Francisco, where it was founded in 1939. The health plan has deep roots in the city, and this new location is an expression of the company’s long history here.
The lease at 315 Montgomery Street includes two full floors, totaling more than 28,000 square feet of office space. The space will also include a “Customer Engagement Center” where Blue Shield sales teams can demonstrate what sets Blue Shield apart, bringing to life our mission, products, services and brand experiences.
“Our Foundation is proud to call San Francisco home. Throughout its rich history, this city has not just embraced, but celebrated diversity—in both its people and ideas—all while maintaining a proud sense of community built upon shared values,” said Peter Long, PhD, president and CEO of Blue Shield of California Foundation. “As we continue working with partners across the state to improve the lives of all Californians, we couldn’t imagine a more fitting place to call home than San Francisco.”
The Foundation is an independent organization funded entirely by contributions from Blue Shield. Through grantmaking to nonprofit organizations, research and convening, the Foundation is advancing health and safety for the most vulnerable Californians. The Foundation awarded more than $25 million in 2017 to numerous organizations working to improve the health and well-being of all Californians.
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About Blue Shield of California
Blue Shield of California, an independent member of the Blue Cross Blue Shield Association, is a nonprofit health plan with 4 million members, 6,800 employees and more than $17 billion in annual revenue. Founded in 1939 and headquartered in San Francisco, Blue Shield of California and its affiliates provide health, dental, vision, Medicaid and Medicare health care service plans in California. The company’s mission is to ensure all Californians have access to high-quality care at an affordable price. Blue Shield has contributed more than $500 million to Blue Shield of California Foundation. Contact your local agent or broker about Blue Shield of California products and services or visit www.blueshieldca.com.
About Blue Shield of California Foundation
Blue Shield of California Foundation is one of the state’s largest and most trusted grantmaking organizations. Our mission is to improve the lives of all Californians, particularly the underserved, by making health care accessible, effective, and affordable, and by ending domestic violence. For more information, visit: www.blueshieldcafoundation.org.