Arizona · Nonprofit
Banner Health Foundation
Banner Health Foundation (Arizona) receives grants from 148 organizations whose IRS filings report $36,931,556 to it, the largest being JAMES M COX FOUNDATION OF GEORGIA INC ($5,000,000). 72 of them have funded it in more than one year.
- Revenue FY2024
- $39M
- Funders on record
- 148
- Grants received
- $37M
- Net assets
- $163M
What Banner Health Foundation does
Mission
Established in 2001, Banner Health Foundation secures and stewards charitable contributions to advance banner health's mission, investing in facilities and programs that support advancements in care, research, medical education, patient services, and a variety of community benefits.
As stated on its FY2024 Form 990.
Program
The Banner Health Foundation fosters a spirit of giving by making healthcare solutions a reality for our community. Contributions made to the foundation are invested locally in banner health's not-for-profit facilities and programs to advance health and wellness. Caring for the future of arizona since 1978, Banner Health Foundation is supported by the generosity of individual donors, the public and private sectors, and hundreds of active volunteers.
$38,383,357 spentof which $32,502,004 as grants$1,212 earned by the program100% of program spending
The program described on its FY2024 Form 990. Program spending in total: $38,383,357.
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.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2023 to 2024, from $164M to $187M (+14%).
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.
Government-grant reliance: 2017 0% · 2018 3% · 2022 0% · 2023 0%. Grants only. Government contracts and fees sit inside program revenue.
76% of Banner Health Foundation’s revenue is contributions — more reliant on donations than three-quarters of its peers (7% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 4 of the last 8 reported years ran a deficit.
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
Andrea Petersen
Director/president/CEO
As listed on its FY2024 Form 990.
Who funds it, year by year
2017 → 2023: the base broadened from 15 funders to 52 funders, grant income rose $966k → $4.1M.
17 of 148 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 9% 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: $1.3M from 9 payers (the payer shares this organization's board, largest Arizona Community Foundation). These are real filings, and they are not money Banner Health Foundation raised.
From the IRS filings of Banner Health Foundation’s funders (the co-funder graph). Top 30 of 148 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
Banner Health Foundation has a broad base — no single funder exceeds 14% of grant income, and it takes 7 funders to reach half.
the vertical line marks half of all grant income — 7 funders to its left
37% 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 Banner Health Foundation.
Largest funder’s share by year: 2017 52% · 2018 36% · 2019 20% · 2020 10% · 2021 27% · 2022 47% · 2023 12% — 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
29% of Banner Health Foundation's funders are still giving 3 years after their first grant; 49% give in more than one year at all.
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
70% of Banner Health Foundation's grant income comes from Arizona funders.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $3.5M arriving through sponsors registered in 12 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.
Against its field
Banner Health Foundation has grown faster than three-quarters of the 4,580 health nonprofits its size.
this organization peer median middle 50% of peers· 4,580 health nonprofits $10M–$100M, FY2024
Government funding Banner Health Foundation receives
Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $817k on record.
- Department of Labor$717k
- Department of Health and Human Services$100k
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 Banner Health 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
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
96% of spending goes to programs.
Governance
Public support
90%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Part of a family of 16 related entities
- Banner Health · exempt
- Banner Alzheimer's Foundation · exempt
- Banner Medical Group · exempt
- Banner Medical Group Colorado · exempt
- Banner University Medical Group · exempt
Screen this organization
A dated, signed PDF of the compliance screen for Banner Health 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.
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 Banner Health Foundation?
- Banner Health Foundation (Arizona) receives grants from 148 organizations whose IRS filings report $36,931,556 to it, the largest being JAMES M COX FOUNDATION OF GEORGIA INC ($5,000,000). 72 of them have funded it in more than one year.
- How many funders does Banner Health Foundation have?
- IRS filings report 148 organizations giving $36,931,556 in grants to Banner Health Foundation, 72 of which have funded it in more than one year.
- Who is the largest funder of Banner Health Foundation?
- JAMES M COX FOUNDATION OF GEORGIA INC is the largest funder on record, with $5,000,000 in grants. The full list of funders is on this page.
- How can an organization like Banner Health 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 FY2024 (financials across 2017–2024), and the filings of 148 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 22, 2026. What this page cannot tell you · view filing