Public Charity

INOVA HEALTH SYSTEM FOUNDATION

INOVA HEALTH SYSTEM FOUNDATION is a Public Charity headquartered in FAIRFAX, VA. Financial data from the 2024 filing: $885.9M revenue, $55.1M expenses, $9.2B total assets. 201 publicly reported grants to this organization, totaling roughly $43.6M, appear in IRS filings.

EIN: 541071867 FAIRFAX, VA Single Organization Support NTEE: E11 Latest filing: 2024
Total Revenue$885.9M
Total Expenses$55.1M
Total Assets$9.2B
Grant Records201
Funding Total$43.6M
Filing Years2019–2024

Mission

INOVA HEALTH SYSTEM FOUNDATION IS THE PARENT OF INOVA HEALTH SYSTEM (IHS). IHS PROVIDES HEALTHCARE AND RELATED SERVICES THROUGHOUT NORTHERN VIRGINIA AND THE GREATER METROPOLITAN WASHINGTON, D.C. AREA, INCLUDING CERTAIN CONTIGUOUS COUNTIES OF VIRGINIA AND MARYLAND.

Where $100 goes at Inova Health System Foundation

How Inova Health System Foundation divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.

$80 Programs the work itself
$2 Management running the organization
$18 Fundraising raising the next dollar

Inside the $80 for programs

$63
Inova Health System Foundation (ihsf), the parent company of inova health system, is a non-stock, not-for-profit corporation exempt from federal income taxes under the provisions of section 501(c)(3)…
79% of program spending · Reported in the filing: 72,420 visits; 47,362 children; 1,827 persons
$13
Investment management expense of $6.7 million is related to investments that Inova Health System Foundation utilizes to provide healthcare and related services throughout northern virginia and the greater…
16% of program spending
$4
The foundation maintains auxiliary services at the hospitals for the purpose of operating gift and thrift shops that provide support to the hospitals within the system
5% of program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

TRUSTEE Alan Dabbiere
ASST TREASURER/CFO ENDING 1/1/24 Alice Pope
AVP PHILANTHROPY PROGRAM LEADER Amy Richards
TRUSTEE Charles Beard
FORMER VP FINANCE IAH Christopher Smith
EXEC DIR PHILANTHROPY Janet Filip

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$20,347,153 106 grants
Health & Medicine
$18,384,524 62 grants
Human & Social Services
$2,021,000 1 grant
Mental Health & Substance Abuse
$348,709 2 grants
Public Safety & Disaster Relief
$310,636 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $885.9M $55.1M $9.2B
2023 $903.5M $62.8M $7.9B
2022 $-714.2M $62.7M $7.0B
2020 $824.2M $46.7M $6.7B
2019 $821.6M $58.7M $5.7B

Between 2019 and 2024, reported annual revenue grew from $821.6M to $885.9M (+8%), with total assets most recently reported at $9.2B.

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

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