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Illinois · Public charity

Versiti Illinois Inc

Versiti illinois, inc. (versiti) is a blood health innovator which enhances lives through discovery, diagnosis and treatment. Versiti expands the frontiers of patient health through the integration of science, medicine and service.

$1.6M
Granted FY2021
1
Grants FY2021
1
Organizations funded FY2021
0%
First-time grantees FY2021
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Median grant, FY2021
$1,620,000
Largest grant, FY2021
$1,620,000
Organizations funded a year
1 to 1
FY2017 to FY2021
States reached, FY2021
1
Total assets, FY2021
$80M

How open it is to new grantees

In FY2021, 0% of the organizations Versiti Illinois Inc funded were first-time grantees, receiving 0% of its grant dollars.

New vs renewed · share of each year

In FY2021, 100% of grant dollars renewed an existing relationship; $0 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.
The numbers by year
Fiscal yearOrganizations fundedTo those organizationsFirst-time grantees
FY20211$1.6M0%
FY20201$1.3M100%
FY20171$35kn/a
100% classified

What it funded, over time

Every grant placed by its stated purpose and the recipient’s mission, by year, FY2017 to 2021.

Health$3.0M

Top grantees

Largest recipients by total granted, FY2017 to FY2021, and the share of each one’s budget the grants supplied at peak.

GranteeTotal grantedYearsShare of their budget
Versiti Blood Research Institute Foundation Inc$2,924,00026%
Blood Cancer United Inc$35,00010%

Compare Versiti Illinois Inc with peer funders

About Versiti Illinois Inc

How much does Versiti Illinois Inc give?
Versiti Illinois Inc reported 1 grants totaling $1,628,760 in its FY2021 IRS filing. It funded between 1 and 1 organizations a year over FY2017 to FY2021.
What does Versiti Illinois Inc fund?
By grant dollars over FY2017 to FY2021, its largest causes are Health (100%).
Who are Versiti Illinois Inc's largest grantees?
By total granted over FY2017 to FY2021: Versiti Blood Research Institute Foundation Inc ($2.9M), Blood Cancer United Inc ($35k).
Does Versiti Illinois Inc fund new organizations?
In FY2021, 0% of the organizations it funded were first-time grantees.
Where is Versiti Illinois Inc based?
Versiti Illinois Inc is based in IL.

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 2 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 e-file return for fiscal year 2021, released 2021. Filings run roughly 12 to 24 months behind; figures are dated accordingly.

Possibly out of date. A more recent filing (FY2024) is on record and reports $90k of grant expense, but none of it to a named recipient. On a Form 990 that can mean grants abroad, filed by region only (Schedule F), grants under $5,000, which are not itemized, or a schedule referenced as an attachment the e-file does not carry. The figures above are therefore from FY2021, the most recent year this funder named its grantees.

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