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Ionetix Ppe Foundation at a glance

· Private foundation

Ionetix Ppe Foundation

$4.0M
Granted FY2021
12
Grants FY2021
9
States reached
$817k
Largest
01What it fundsRead
02The needRead
03Its granteesRead
04Its fieldRead
01What it funds
01100% classified

What it funded, over time

Every grant placed by its stated purpose and the recipient’s mission, by year, FY2020 to 2021.

Health$6.5MEducation$899k
02FY2021 · 12 grants

Where the money goes

Grants by size, and the largest recipients.

By grant size · FY2021

  • Under $10k1 grant · $7k
  • $10k–50k2 grants · $40k
  • $50k–250k2 grants · $190k
  • $250k+7 grants · $3.8M
$486,000
Median grant
9
States reached
$0
Total assets
Largest grants
RecipientAmount
NOTRE DAME UNIVERSITY$817,000
BAPTIST HOSPITAL OF SOUTH EAST TEXAS$545,943
LEE HEALTH$486,000
NORTHEAST GEORGIA MEDICAL CENTER$486,000
BAYLOR UNIVERSITY MEDICAL CENTET$486,000
BAPTIST HEALTH JACKSONVILLE$486,000
JFK HOSPITAL$447,600
HENRY FORD HEALTHCARE SYSTEM$140,000
REGION ONE HEALTHCARE$50,000
ARCHBOLD FOUNDATION$23,276
ADVENTIST HEALTH$16,500
BOSTON MEDICAL CENTER$7,000
02The need
03

Does the money reach high-need areas?

Each grant placed by the hardship in its grantee’s ZIP, against the area’s typical level.

show:

Dollar for dollar, its grants (FY20–21) land where the poverty rate runs at 14%, against an area that typically sits at 13%. 75% of its dollars go to grantees based in above-average-need neighborhoods. Most of its grants land in higher-need ZIPs.

area typical 13%UNIV OF MASSACHUSETTS MEM HOSPITAL: $166k → 11%BOSTON MEDICAL CENTER: $495k → 16%SAN FRANCISCO VA HOSPITAL: $75k → 10%UNIV OF SOUTHERN CALIF: $1.6M → 14%NEW YORK CITY HEALTH: $300k → 17%BAYLOR UNIVERSITY MEDICAL CENTET: $486k → 14%BAPTIST HOSPITAL OF SOUTH EAST TEXAS: $546k → 19%LEE HEALTH: $486k → 11%BAPTIST HEALTH JACKSONVILLE: $486k → 14%LAKELAND REGIONAL MEDICAL CENTER: $54k → 16%HENRY FORD HEALTHCARE SYSTEM: $140k → 21%REGION ONE HEALTHCARE: $50k → 17%NORTHEAST GEORGIA MEDICAL CENTER: $486k → 12%ARCHBOLD FOUNDATION: $23k → 20%NOTRE DAME UNIVERSITY: $817k → 13%JFK HOSPITAL: $448k → 8%BOSTON MEDICAL CENTER: $7k → 16%ADVENTIST HEALTH: $17k → 14%BAYLOR UNIVERSITY MEDICAL CENTET: $54k → 14%BAPTIST HOSPITAL OF SOUTH EAST TEXAS: $54k → 19%LEE HEALTH: $54k → 11%BAPTIST HEALTH JACKSONVILLE: $50k → 14%DAVENPORT MEDICAL CENTER: $163k → 16%HENRY FORD HEALTHCARE SYSTEM: $15k → 21%REGION ONE HEALTHCARE: $15k → 17%NORTHEAST GEORGIA MEDICAL CENTER: $54k → 12%NOTRE DAME UNIVERSITY: $82k → 13%JFK HOSPITAL: $54k → 8%0%20%40%50%more need →
grant to an above-average-need area below average· circle size = grant amount
How this is measured
Matched: human-services grants are those whose grantee’s IRS cause code is Human Services. Placed by people below the poverty line in the grantee’s ZIP, averaged from the tracts in that ZIP.

Which US states its grants reach

MI
NY
MA
IN
NJ
CA
TN
GA
TX
FL
How this is measured
US grants placed by each grantee’s ZIP, which can differ from where services are delivered. Need from public data (U.S. Census/ACS, CDC PLACES, Eviction Lab, USDA), shown as context about the area, never attributed to the funder’s giving.
03Its grantees
repeat funding

Who it funds again

Organizations funded in more than one year, against those funded once.

61%of every dollar goes to organizations it has funded before.
$4.0M · 9 repeat orgs$2.5M to everyone else

9 repeat relationships: 9 still active in FY2021, 0 since wound down; 2 grantees were first funded in FY2021 (too recent to call).

How the two cohorts compare

Re-uppedFunded once

Organizations

9
7

Total granted

$4.0M
$2.5M

Median revenue growth · since first grant

+69%
+72%

Still filing today

44%
14%

New vs renewed · share of each year

In FY2021, 99% of grant dollars renewed an existing relationship; $40k went to new ones.

50%100%’20’21
RenewedFirst-time
How this is measured
First-time means a grantee’s first year in the filing window; renewed means funded in an earlier year too. The renewed share climbs naturally as a portfolio matures, so the signal is a year that bucks it (a wave of new grantees). The earliest year is left-censored: relationships that predate the data read as new. Theme is the grantee’s IRS cause.

Backed again, and grew

  • BH
    Baptist Hospitals of Southeast Texas
    2× · 2020–2021 · $600k · revenue +56%
  • NG
    NORTHEAST GEORGIA MEDICAL CENTER INC
    2× · 2020–2021 · $540k · revenue +69%
  • BU
    Baylor University Medical Center
    2× · 2020–2021 · $540k · revenue +73%

Funded once

  • UO
    UNIV OF SOUTHERN CALIF
    one grant, 2020 · $1.6M
  • NY
    NEW YORK CITY HEALTH
    one grant, 2020 · $300k
  • UO
    UNIV OF MASSACHUSETTS MEM HOSPITAL
    one grant, 2020 · $166k
How this is measured

Repeat means funded in two or more distinct years. Growth and survival are read from each grantee’s own subsequent IRS filings.

04Its field
04the grantee network

7 grantees tracked through their own filings, 2017–2025.

Each grant beside the grantee’s revenue from every source, year by year.

How this is measured

Counted here: distinct organizations funded across 2017 to 2025, not grant rows in a single year, so this will not match the grant count on the cover. 7 of the 19 grantees resolved in that span have returns of their own we could reconcile.

Each grantee is resolved to its own IRS returns. Association, dated; never a causal claim.

0
Load-bearing (≥25% of a budget)
1
Early backer (in before they grew)
7/7
Grantees still filing
7/7
Grew since first funded

Where the money sits, by cause and then by grantee

UNIV OF SOUTHERN CALIF: $1,637,200 · OtherUNIV OF SOUTHERN CALIFLEE HEALTH: $540,400 · OtherLEE HEALTHBAPTIST HEALTH JACKSONVILLE: $536,400 · OtherBAPTIST HEALTH JACKSONVILLEJFK HOSPITAL: $502,000 · OtherJFK HOSPITALNEW YORK CITY HEALTH: $300,000 · OtherNEW YORK CITY HEALTHUNIV OF MASSACHUSETTS MEM HOSPITAL: $165,886 · OtherDAVENPORT MEDICAL CENTER: $163,150 · OtherHENRY FORD HEALTHCARE SYSTEM: $155,000 · Other+4 more: $269,000 · Other+4 moreBaptist Hospitals of Southeast Texas: $600,343 · HealthBaptist Hospitals of Southeast Tex…NORTHEAST GEORGIA MEDICAL CENTER INC: $540,400 · HealthNORTHEAST GEORGIA MEDICAL CENTER I…Baylor University Medical Center: $540,400 · HealthBaylor University Medical CenterBOSTON MEDICAL CENTER CORPORATION: $502,000 · HealthBOSTON MEDICAL CENTER CORPORATION+2 more: $77,676 · HealthUniversity of Notre Dame du Lac: $898,800 · EducationUniversity of…
Other$4,269,036Health$2,260,819Education$898,800

Each grantee by its size and the funder’s share of it; top left is load-bearing

25%50%75%100%$10M$100Mgrantee revenue →↑ funder's share of their budgetUniversity of Notre Dame du Lac: $898,800 over 2y, 0.0% of budgetBaptist Hospitals of Southeast Texas: $600,343 over 2y, 0.2% of budgetNORTHEAST GEORGIA MEDICAL CENTER INC: $540,400 over 2y, 0.0% of budgetBaylor University Medical Center: $540,400 over 2y, 0.0% of budgetBOSTON MEDICAL CENTER CORPORATION: $502,000 over 2y, 0.0% of budgetLakeland Regional Medical Center Inc: $54,400 over 1y, 0.0% of budgetARCHBOLD FOUNDATION INC: $23,276 over 1y, 0.5% of budget
Grantee by grantee: a decade per organization, before and after funding

A decade per grantee: revenue shaded, grants as bars, all rows on one timeline.

  • Who funds University of Notre Dame du Lac ↗
  • Who funds Baptist Hospitals of Southeast Texas ↗
  • Who funds NORTHEAST GEORGIA MEDICAL CENTER INC ↗
  • Who funds Baylor University Medical Center ↗
  • Who funds BOSTON MEDICAL CENTER CORPORATION ↗
  • Who funds Lakeland Regional Medical Center Inc ↗
  • Who funds ARCHBOLD FOUNDATION INC ↗

How much its grantees rely on government

Each dot is one organization Ionetix Ppe Foundation funds: left to right is the share of its income from government, bottom to top the share from Ionetix Ppe Foundation. Bigger dots raise more.

2024
’20’21’22’23’24’25
no gov · 00%0%1%3%5%funder's share of their income ↑0%10%20%30%40%share of the org’s income from government →median 23%
  • Boston Medical Center Corporation: 23% of income from government
  • Lakeland Regional Medical Center Inc: 0% of income from government
no gov moneyreceives it· size = income
0get no government money at all
3report government grants on their 990 we could not trace to a source (not plotted)
0rely on government for over half their income
⤢ axis zoomed · 0–40%
typical government reliance, FY20–25
How this is measured
Government income is each org’s traced federal awards (USASpending grants and contracts) plus state payments (open checkbooks) as a share of its total revenue (IRS Form 990); the self-reported government-grant line (990 line 1e) is carried for cross-check: a grantee that reports government grants we could not trace to a source is left off the chart rather than shown as receiving none. An association, not a claim that a grant caused the public funding. Coverage is precision-first, a floor rather than a census; state records exist for 9 states, so a grantee outside them shows no state figure (dimmed) rather than a false zero. Federal award amounts are obligations, which can span years, so a single-year share is indicative. 990 filings lag 12 to 24 months.

On method. Every financial figure here is read from IRS e-file XML, the funder’s own 990/990-PF, and from the multi-year returns of the 19 grantees we resolved, each linked to its source. Grantee outcomes are each organization’s own program-service reporting (Form 990, Part III), read as association with funding, never as caused by it. Low-confidence name matches are suppressed rather than guessed. How we build these →

How this is measured
Each figure carries one of six labels. Filed is what the funder reported on its return. Official is another government record about an organization, such as a federal award or a charity register, joined by name where no shared identifier exists. Resolved is an identity we worked out where the filing named a recipient without an EIN, kept only above a measured confidence threshold. Computed is arithmetic over those, like themes, portfolio clusters and co-funder strength. Context is a statistic about a place rather than about an organization, which is what the need overlay is: it describes the area a grantee’s address sits in, not where its work lands. Inferred is drawn by a model from text, like the partnerships read out of public news and organization websites. Each is labeled where it appears.

Generated from the IRS Form 990-PF e-file return for fiscal year 2021, released 2021. Filings run roughly 12 to 24 months behind; figures are dated accordingly.

Source object · view filing

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More from the funding graph

The unnamed billions
grants reported with no recipient in the public record
The regranting layer
51% of grant dollars land in the regranting layer
The DAF merry-go-round
$9.7B circulates between donor-advised funds
The endowment market
who holds foundation money, and what just moved
The camps
funders cluster by geography, not ideology
By state
where grant money is based, and what stays home