Skip to content

Arizona · Nonprofit

ARIZONA VETERANS RESEARCH AND EDUCATION FOUNDATION

ARIZONA VETERANS RESEARCH AND EDUCATION FOUNDATION (Arizona) receives grants from 6 organizations whose IRS filings report $1,178,383 to it, the largest being FRED HUTCHINSON CANCER RESEARCH CENTER ($573,424). 3 of them have funded it in more than one year.

Revenue FY2025
$3.3M
Funders on record
6
Grants received
$1.2M
Net assets
$3.6M
3/6 repeat funderspeak grant-dependency 35%
01What it does

What Arizona Veterans Research and Education Foundation does

Mission

To promote, support, and facilitate meritorious biomedical and health services research and education activities conducted by investigators at the phoenix va health care system that contribute to improve healthcare for veterans and the general public.

As stated on its FY2025 Form 990.

Programs

  1. Virtual cognitive rehabilitation of veterans with traumatic brain injury - progressing research pending results.

    $261,295 spentof which $257,884 as grants
    12% of program spending
  2. For this bioengineering research grant, collections of molecular tools and markers unique to the rod microglia variant will be developed, validated, and verified to enable future diagnostic, prognostic, and mechanistic studies of neuroinflammation progression in clinical disease and injury.

    $308,531 spentof which $231,326 as grants$82,268 earned by the program
    14% of program spending
  3. Validation and development of nanoliposomes for neuroprotection in stroke - progression of research has resulted in findings that indicate potential protective qualities of nanoparticles in brain tissue.

    $203,408 spentof which $131,218 as grants$6,358 earned by the program
    9% of program spending
  4. Other program services, not described on the e-filed return.

    $1,372,483 spentof which $141,891 as grants$1,298,498 earned by the program
    64% of program spending

The 4 programs described on its FY2025 Form 990, listed largest first by expense. Program spending in total: $2,145,717.

02The 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 ($1.7M) Expenses 100 ($2.0M) Net assets 100 ($3.5M)2018 Revenue 106 ($1.8M) Expenses 110 ($2.2M) Net assets 87 ($3.0M)2020 Revenue 164 ($2.8M) Expenses 107 ($2.1M) Net assets 100 ($3.5M)2021 Revenue 111 ($1.9M) Expenses 93 ($1.9M) Net assets 95 ($3.3M)2022 Revenue 106 ($1.8M) Expenses 81 ($1.6M) Net assets 100 ($3.5M)2023 Revenue 125 ($2.1M) Expenses 120 ($2.4M) Net assets 92 ($3.2M)2024 Revenue 176 ($3.0M) Expenses 151 ($3.0M) Net assets 90 ($3.1M)2025 Revenue 195 ($3.3M) Expenses 140 ($2.8M) Net assets 104 ($3.6M)
'17'18'20'21'22'23'24'25
Revenue (195)Expenses (140)Net assets (104)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2024 to 2025, from $3.2M to $3.7M (+16%).

$3.6M
$3.4M
$3.6M
$3.4M
$3.6M
$3.4M
$3.2M
$3.7M
'17'18'20'21'22'23'24'25
Total assetsTotal liabilities

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
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2017 13% · 2018 22% · 2020 25% · 2021 9% · 2022 61% · 2023 53% · 2024 58% · 2025 43%. Grants only. Government contracts and fees sit inside program revenue.

56% of ARIZONA VETERANS RESEARCH AND EDUCATION FOUNDATION’s revenue is contributions — more donation-reliant than the typical peer (51% for the typical peer).

This organization
Typical peer · 8,611 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 5 of the last 8 reported years ran a deficit.

−$325k
’17
−$433k
’18
$628k
’20
−$11k
’21
$158k
’22
−$298k
’23
−$70k
’24
$483k
’25
14
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Chief executive

Jeremy Greene

Executive director

Board chair

Samuel Aguayo

Board chair

As listed on its FY2025 Form 990.

The chief executive listed changed between the FY2021 and FY2022 filings.

'17'18'20'21'22'23'24'25
Listed111091012121210
Joined·+0·+3+7+1+2+0
No longer listed·1·25122
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 1 funder to 2 funders, grant income rose $55k → $104k.

1 of 6 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 0% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of ARIZONA VETERANS RESEARCH AND EDUCATION FOUNDATION’s funders (the co-funder graph). 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

ARIZONA VETERANS RESEARCH AND EDUCATION FOUNDATION leans on a few funders — its largest provides 49% of grant income and the top three 98%; half comes from just 2 funders.

the vertical line marks half of all grant income — 2 funders to its left

100% 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 ARIZONA VETERANS RESEARCH AND EDUCATION FOUNDATION.

49%
largest funder
98%
top three
~2
effective funders

Largest funder’s share by year: 2017 100% · 2018 100% · 2020 100% · 2021 88% · 2022 100% · 2023 100% — broadly stable.

“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.

Where its funders are

ARIZONA VETERANS RESEARCH AND EDUCATION FOUNDATION draws 100% of its grant income from funders outside Arizona, across 5 states in all.

WA
MN
IL
MA
NC

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

’17
’18
’20
’21
’22
’23
Arizona out of state home

Funder states come from each funder’s own filing. $99 arriving through sponsors registered in 1 state 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.

04Its place in the field

Against its field

ARIZONA VETERANS RESEARCH AND EDUCATION FOUNDATION holds deeper cash reserves than three-quarters of the 4,665 health nonprofits its size.

Operating margin15% · above the median
Months of reserve13.6mo · top quartile
Revenue growth (annualized)9% · above the median

this organization peer median middle 50% of peers· 4,665 health nonprofits $1M–$10M, FY2025

Government funding ARIZONA VETERANS RESEARCH AND EDUCATION FOUNDATION receives

Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $8.1M on record.

Federal$8.1M
grants $8.1Mcontracts $0
17
18
19
20
22
23
24
25
Top agencies
  • Department of Health and Human Services$4.2M
  • Department of Defense$3.5M
  • Department of Agriculture$455k

Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.

Organizations like ARIZONA VETERANS RESEARCH AND EDUCATION FOUNDATION

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

In Arizona

Nationally

05Profile & governance

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

Where the money goes

76% of spending goes to programs.

Program 76%Management 24%Fundraising 0%

Governance

11
board members
27%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Footprint & structure

Part of a family of 1 related entity

  • Phoenix Va Healthcare System · exempt

Screen this organization

A dated, signed PDF of the compliance screen for ARIZONA VETERANS RESEARCH AND EDUCATION FOUNDATION: 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. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds ARIZONA VETERANS RESEARCH AND EDUCATION FOUNDATION?
ARIZONA VETERANS RESEARCH AND EDUCATION FOUNDATION (Arizona) receives grants from 6 organizations whose IRS filings report $1,178,383 to it, the largest being FRED HUTCHINSON CANCER RESEARCH CENTER ($573,424). 3 of them have funded it in more than one year.
How many funders does ARIZONA VETERANS RESEARCH AND EDUCATION FOUNDATION have?
IRS filings report 6 organizations giving $1,178,383 in grants to ARIZONA VETERANS RESEARCH AND EDUCATION FOUNDATION, 3 of which have funded it in more than one year.
Who is the largest funder of ARIZONA VETERANS RESEARCH AND EDUCATION FOUNDATION?
FRED HUTCHINSON CANCER RESEARCH CENTER is the largest funder on record, with $573,424 in grants. The full list of funders is on this page.
How can an organization like ARIZONA VETERANS RESEARCH AND EDUCATION FOUNDATION find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Arizona. 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 FY2025 (financials across 2017–2025), and the filings of 6 funders 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 October 14, 2026. What this page cannot tell you · view filing