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Florida · Nonprofit

AdventHealth Foundation Inc

AdventHealth Foundation Inc (Florida) receives grants from 133 organizations whose IRS filings report $37,355,176 to it, the largest being Dr Phillips Inc ($6,056,300). 85 of them have funded it in more than one year.

$47M
Revenue FY2024
133
Funders on record
$37M
Grants received
$199M
Net assets
85/133 repeat funderspeak grant-dependency 28%

Against its field

AdventHealth Foundation Inc runs a healthier operating margin than three-quarters of the 4,579 health nonprofits its size.

Operating margin31% · top quartile
Months of reserve65.4mo · top quartile
Revenue growth (annualized)0% · bottom quartile

this organization peer median middle 50% of peers· 4,579 health nonprofits $10M–$100M, FY2024

Three funders worth looking at

Grantmakers with no record of funding this organization, ranked by how strongly the co-funder graph and the mission embeddings agree. The evidence is in section 03.

See all 12 prospects and why each one surfaced →
01The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($46M) Expenses 100 ($27M) Net assets 100 ($150M)2018 Revenue 75 ($35M) Expenses 141 ($38M) Net assets 98 ($147M)2019 Revenue 55 ($25M) Expenses 158 ($43M) Net assets 92 ($138M)2020 Revenue 36 ($17M) Expenses 63 ($17M) Net assets 96 ($143M)2021 Revenue 61 ($28M) Expenses 101 ($27M) Net assets 104 ($156M)2022 Revenue 66 ($30M) Expenses 82 ($22M) Net assets 113 ($169M)2023 Revenue 62 ($29M) Expenses 84 ($23M) Net assets 121 ($181M)2024 Revenue 103 ($47M) Expenses 121 ($33M) Net assets 133 ($199M)
'17'18'19'20'21'22'23'24
Revenue (103)Expenses (121)Net assets (133)Peer revenue range

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

26% of AdventHealth Foundation Inc’s revenue is contributions — more donation-reliant than the typical peer (7% for the typical peer).

This organization
Typical peer · 4,738 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 3 of the last 8 reported years ran a deficit.

$19M
17
$3.6M
18
$17M
19
$342k
20
$830k
21
$8.1M
22
$6.0M
23
$15M
24
65
months of
reserve
02Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 16 funders to 64 funders, grant income rose $1.2M → $3.2M.

24 of 133 of your funders are donor-advised or pass-through sponsors (tagged DAF)25% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

Left out of every figure on this page: $11M from 17 payers (the payer shares this organization's board, largest Adventist Health SystemSunbelt Inc). These are real filings, and they are not money AdventHealth Foundation Inc raised.

From the IRS filings of AdventHealth Foundation Inc’s funders (the co-funder graph). Top 30 of 133 funders by total. Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

AdventHealth Foundation Inc has a broad base — no single funder exceeds 16% of grant income, and it takes 6 funders to reach half.

the vertical line marks half of all grant income — 6 funders to its left

58% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund AdventHealth Foundation Inc.

16%
largest funder
35%
top three
~16
effective funders

Largest funder’s share by year: 2017 33% · 2018 27% · 2019 50% · 2020 28% · 2021 27% · 2022 30% · 2023 19%diversifying over time.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How long its funders stay

45% of AdventHealth Foundation Inc's funders are still giving 3 years after their first grant; 64% give in more than one year at all.

first grant+1y+2y+3y+4y+5y+6y

Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.

Where its funders are

65% of AdventHealth Foundation Inc's grant income comes from Florida funders.

ME
WA
IL
WI
MI
NY
MA
NV
OH
PA
NJ
CA
MO
VA
MD
DE
KS
TN
NC
HI
OK
GA
TX
FL

In-state vs out-of-state, by year

17
18
19
20
21
22
23
Florida out of state home

Funder states come from each funder’s own filing. $9.5M arriving through sponsors registered in 13 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

03Its place in the field

Funders to approach

Grantmakers that don’t fund you yet, surfaced two ways: they back organizations that share your funders, or their grantees resemble your mission. The ones both signals agree on come first. Your 133 funders put you under-funded among the 400 organizations that share them.

From the co-funder graph (funders backing at least two comparable organizations, shrunk for grantee count, donor-advised and mega-funds excluded) and the universe embeddings. A research starting point; overlap is association, not a guarantee of fit.

Organizations like AdventHealth Foundation Inc

Nonprofits whose mission and program text most resemble this one, by semantic similarity over the universe of US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Florida

Nationally

04Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

88% of spending goes to programs.

Program 88%Management 6%Fundraising 5%

Governance

16
board members
0%
independent
Conflict-of-interest policyWhistleblower policyDocument retentionBoard reviewed the 990Audited financials

Public support

70%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 5 states

KY
NC
GA
TX
FL

Part of a family of 129 related entities

  • AdventHealth Bond Clinic fka AdventHealth PCP Network Inc (722 - 1231 · exempt
  • AdventHealth Family Medicine Rural Health Clinics Inc · exempt
  • AdventHealth Foundation Inc · exempt
  • AdventHealth Home Health and Hospice Inc fka Hospice of the Comforter Inc · exempt
  • AdventHealth Kansas City Foundation · exempt

Screen this organization

A dated, signed PDF of the compliance screen for AdventHealth Foundation Inc: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

A paid feature, included from the $75 plan up. Sign in to download.

Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds AdventHealth Foundation Inc?
AdventHealth Foundation Inc (Florida) receives grants from 133 organizations whose IRS filings report $37,355,176 to it, the largest being Dr Phillips Inc ($6,056,300). 85 of them have funded it in more than one year.
How many funders does AdventHealth Foundation Inc have?
IRS filings report 133 organizations giving $37,355,176 in grants to AdventHealth Foundation Inc, 85 of which have funded it in more than one year.
Who is the largest funder of AdventHealth Foundation Inc?
Dr Phillips Inc is the largest funder on record, with $6,056,300 in grants. The full list of funders is on this page.
How can an organization like AdventHealth Foundation Inc find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Florida. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 133funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported August 27, 2026. What this page cannot tell you · view filing