Zimmer Biomet (NYSE:ZBH) this week announced it created an independent 501(c)(3) for its philanthropic, multi-disciplinary coalition Movement is Life.
The new 501(c)(3) nonprofit organization designation will allow the Warsaw, Indiana-based company to raise awareness of the impact of disparities on chronic disease management and quality of life among women, racial and ethnic minorities and women living in rural communities.
“We’re excited to take this next step in the evolution of Movement is Life as we continue on our path to address disparities in underserved communities and populations,” said Dr. Mary O’Connor, co-founder, chief medical officer and chief compliance officer at Vori Health, and chair of the Movement is Life board of directors. “The inaugural Movement is Life board of directors shares my gratitude to Zimmer Biomet for their incredible support in our growth. We are excited and eager to work together as an independent organization to accomplish our goals.”
Movement is Life was founded in 2010 to decrease musculoskeletal health disparities in minority populations, and the new nonprofit organization will bring awareness through programs that focus on early intervention, education, behavior change and advocacy for chronic disease management.
The Zimmer Biomet Foundation made a multi-year, multi-million dollar commitment to continue to support the operating costs of Movement is Life to help establish an independent coalition and scale its programs.
“Over the past 12 years, Movement is Life has been the premier organization addressing health disparities in orthopedics. This new nonprofit status will allow the organization to expand partnerships and develop new relationships to continue the important work of the coalition,” said Keri Mattox, chief communications and administration officer and Zimmer Biomet Foundation board member. “Zimmer Biomet and the Zimmer Biomet Foundation remain fully committed to ensuring equity in care in our communities and we are pleased to have the opportunity to continue to support Movement is Life in their growth as an independent organization.”