Private Foundation

HEALTHCARE INITIATIVE FOUNDATION

HEALTHCARE INITIATIVE FOUNDATION, of GERMANTOWN, MD, is a Private Foundation tracked in Imperigo's IRS 990 database. The 2024 filing shows $2.6M in revenue, $1.7M in expenses, $30.6M in total assets. IRS filings disclose 368 grants awarded by this foundation, totaling roughly $7.8M.

EIN: 237324576 GERMANTOWN, MD Latest filing: 2024
Total Revenue$2.6M
Total Expenses$1.7M
Total Assets$30.6M
Grants Given368
Grant Total$7.8M
Filing Years2020–2024

Sample Grants Given

THE UNIVERSITIES AT SHADY GROVE
ROCKVILLE, MD · 2023
ENHANCING HEALTHCARE CAREER PATHWAYS THROUGH MONTGOMERY COLLEGE AND THE UNIVERSITIES AT SHADY GROVE
$100,000
THE UNIVERSITIES AT SHADY GROVE
ROCKVILLE, MD · 2023
ENHANCING HEALTHCARE CAREER PATHWAYS THROUGH MONTGOMERY COLLEGE AND THE UNIVERSITIES AT SHADY GROVE
$100,000
PRIMARY CARE COALITION OF MONTGOMERY COUNTY INC (PCC)
SILVER SPRING, MD · 2023
SUPPORTING INFRASTRUCTURE NEWS FOR MONTGOMERY CARES CLINICS
$81,138
IDENTITY INC (FISCAL SPONSOR)
GAITHERSBURG, MD · 2023
BUILDING A TRAUMA-RESPONSIVE ECOSYSTEM IN TWO HIGH-NEED MONTGOMERY COUNTY HIGH SCHOOLS
$62,500
PRIMARY CARE COALITION OF MONTGOMERY COUNTY INC (PCC)
SILVER SPRING, MD · 2023
SUPPORTING INFRASTRUCTURE NEWS FOR MONTGOMERY CARES CLINICS
$51,138

Showing up to 5 of 368 total records — full history available with membership.

Officers & Directors

PRESIDENT AND CEO Crystal Townsend
SECRETARY Deborah Fisher
TREASURER George Dines
TRUSTEE Kerry Grace Morrissey
TRUSTEE Marta Perez
TRUSTEE Mike Knapp

Officer compensation and complete director data available with membership.

Top Grant Purposes

ENHANCING HEALTHCARE CAREER PATHWAYS THROUGH MONTGOMERY COLLEGE AND THE UNIVERSITIES AT SHADY GROVE
$600,000 5 grants
TO SUPPORT ACHIEVING COLLEGIATE EXCELLENCE AND SUCCESS, TO SUPPORT EARN BACHELOR OF SCIENCE NURSING (BSN) WORKFORCE PIPELINE, AND TO SUPPORT BUILDING HEALTHCARE CAREER PATHWAYS FROM MONTGOMERY COLLEGE TO THE UNIVERSITIES AT SHADY GROVE
$283,490 1 grant
TO SUPPORT THRIVING GERMANTOWN AND TO SUPPORT GAITHERSBURG ELEMENTARY SCHOOL FAMILY TRAUMA TRAINING (GESFTT)
$215,000 1 grant
EQUITABLE ADMINISTRATION OF COVID-19 VACCINES
$184,800 1 grant
BUILDING A TRAUMA-RESPONSIVE ECOSYSTEM IN TWO HIGH-NEED MONTGOMERY COUNTY HIGH SCHOOLS
$175,000 4 grants

Financial Trends

Year Revenue Expenses Assets
2024 $2.6M $1.7M $30.6M
2023 $1.2M $1.8M $29.7M
2022 $1.5M $2.7M $30.3M
2021 $1.8M $1.1M $31.5M
2020 $1.1M $623K $30.8M

Between 2020 and 2024, reported annual revenue grew from $1.1M to $2.6M (+126%), with total assets most recently reported at $30.6M.

Interactive year-over-year charts and full filing details available with membership.

Grant Geography

Grants from this foundation were reported to recipients in DC, MD, VA.

DCMDVA

Full geographic grant map with state-by-state breakdown available with membership.

See the full picture for HEALTHCARE INITIATIVE FOUNDATION

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