California · Nonprofit
THE HEALTH TRUST
THE HEALTH TRUST (California) receives grants from 75 organizations whose IRS filings report $12,201,406 to it, the largest being Sourcewise ($2,445,863). 47 of them have funded it in more than one year.
- Revenue FY2025
- $17M
- Funders on record
- 75
- Grants received
- $12M
- Net assets
- $134M
What The Health Trust does
Mission
The mission is to build health equity in silicon valley.
As stated on its FY2025 Form 990.
Programs
On its FY2024 return the organization reported a significant change in how it conducts a program.
For nearly thirty years, The Health Trust combined direct service delivery with grantmaking and advocacy to meet the needs of silicon valley's most vulnerable residents. After careful analysis, tht determined that the most effective way to continue its mission is by concentrating on its core strengths in policy advocacy, grantmaking, and catalytic systems change. Effective june 30, 2024, The Health Trust completed the majority of its direct-service transitions, transferring its food and nutrition, hiv/aids support, and housing programs to capable local organizations and the county of santa clara. To ensure continuity of care during this process, a few remaining service contracts were subcontracted to community-based organizations that now provide these services as part of the final transition. Through these legacy programs, tht provided more than 171,000 meals to 1,057 homebound residents with chronic conditions and housing assistance to 50 individuals to prevent homelessness during the transition period. With these remaining transitions complete, tht is now focused fully on its strategic role as a foundation and regional catalyst for health equity. This direct service experience continues to inform its advocacy and grantmaking strategies.
Its own explanation, from Schedule O of that return (Part III, line 3).
Grant making:as a funder, The Health Trust invests in community-based organizations and public agencies advancing health equity and systems-level change.annually, The Health Trust commits to invest over $2.3 million through its endowment, which provides a direct benefit to residents of santa clara and northern san benito counties. These restricted dollars are awarded through health partnership grants, where The Health Trust invests in organizations, programs, and projects that seek to address health inequality, prioritizing deeply impacted communities. The Health Trust focuses on key drivers of health, like (continued on schedule o) food and nutrition, chronic disease prevention and management, housing support, and other approaches to building health equity.The Health Trust's philanthropic investments are guided by a regional health-equity framework that seeks to align government, philanthropy, and the community around shared priorities. Funding approaches include multi-year health partnership grants, community grants, and rapid response grants that collectively strengthen the capacity of local organizations to drive measurable and lasting impact.during the year ended june 30,…
$4,234,191 spentof which $3,657,000 as grants$35,800 earned by the program61% of program spendingAdvocacy:as an advocate, The Health Trust champions systems and policy changes that align with its mission and focus areas. Tht collaborates with community leaders, residents, and policymakers to advance initiatives such as equitable food systems, behavioral-health workforce development, and economic-mobility strategies.through this work, tht serves as a trusted convener and backbone organization aligning partners across sectors to address the root causes of health disparities. Advocacy efforts emphasize data-driven decision-making, community voice, and (continued on schedule o) collective action as essential components of a healthy and just silicon valley.
$2,721,157 spentof which $33,384 as grants$1,111,933 earned by the program39% of program spending
The 2 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $6,955,348.
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 2020 to 2021, from $114M to $139M (+22%).
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 39% · 2018 59% · 2019 53% · 2020 59% · 2021 57% · 2022 30% · 2023 41% · 2024 43% · 2025 8%. Grants only. Government contracts and fees sit inside program revenue.
13% of THE HEALTH TRUST’s revenue is contributions — more donation-reliant than the typical peer (7% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 1 of the last 9 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
Michele Lew
CEO (thru 06/24)
Board chair
Lisa Yarbrough-Gauthier
Chair
As listed on its FY2025 Form 990.
Who funds it, year by year
2017 → 2023: the base broadened from 19 funders to 36 funders, grant income rose $1.0M → $1.8M.
14 of 75 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.
From the IRS filings of THE HEALTH TRUST’s funders (the co-funder graph). Top 30 of 75 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
THE HEALTH TRUST has a broad base — no single funder exceeds 20% of grant income, and it takes 4 funders to reach half.
the vertical line marks half of all grant income — 4 funders to its left
83% 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 THE HEALTH TRUST.
Largest funder’s share by year: 2017 23% · 2018 33% · 2019 27% · 2020 15% · 2021 25% · 2022 23% · 2023 26% — growing more concentrated.
“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
50% of THE HEALTH TRUST's funders are still giving 3 years after their first grant; 63% 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
93% of THE HEALTH TRUST's grant income comes from California funders.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $3.1M arriving through sponsors registered in 9 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
THE HEALTH TRUST runs a healthier operating margin than three-quarters of the 2,969 health nonprofits its size.
this organization peer median middle 50% of peers· 2,969 health nonprofits $10M–$100M, FY2025
Government funding THE HEALTH TRUST receives
Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $242k on record — $100k federal, $142k state.
- Department of Agriculture$100k
- REFUNDS - GENERAL $142k
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 THE HEALTH TRUST
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 California
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
70% of spending goes to programs.
Governance
Public support
61%
Share of support from the public (Schedule A) — the basis for its public-charity status.
Footprint & structure
Files a return copy in 1 state
Part of a family of 1 related entity
- Financial Administrative Support Services · corp_trust
Screen this organization
A dated, signed PDF of the compliance screen for THE HEALTH TRUST: 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 THE HEALTH TRUST?
- THE HEALTH TRUST (California) receives grants from 75 organizations whose IRS filings report $12,201,406 to it, the largest being Sourcewise ($2,445,863). 47 of them have funded it in more than one year.
- How many funders does THE HEALTH TRUST have?
- IRS filings report 75 organizations giving $12,201,406 in grants to THE HEALTH TRUST, 47 of which have funded it in more than one year.
- Who is the largest funder of THE HEALTH TRUST?
- Sourcewise is the largest funder on record, with $2,445,863 in grants. The full list of funders is on this page.
- How can an organization like THE HEALTH TRUST find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in California. 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 75 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