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Banner Health Foundation

Phoenix, AZ · EIN 94-2545356 · 501(c)(3) · Publicly supported organization (170(b)(1)(A)(vi))
Latest filing: Form 990 for calendar year 2024 (tax year 2024) · View the filing · Correct or respond

Banner Health Foundation reported $39.2 million in revenue and $40.2 million in expenses for calendar year 2024. Of every $100 it spent, $95.55 went to program services, $3.66 to management and general costs and $0.79 to fundraising. Its largest source of revenue was contributions and grants: 75.9% of the total. The highest compensation it reported for one person was $1,113,722 (DIRECTOR). 12 people received more than $100,000 in reportable compensation. Revenue rose 107% between 2019 and 2024. Source: Form 990, 2024.

Where $100 of spending went

Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $40M

For context, the median across 5,634 covered health care charities: $86.19 programs, $13.81 management, $0.00 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

Calendar year 2024 · Form 990, Part VIII · total revenue $39M

Other revenue was negative: −$523K. The bar shows the positive sources only.

The 990 scorecard · same measures for every charity, no grades

2024 filing. Median across 5,634 covered charities in this category, from their latest filings.
Measure2024Median
Program services
Part IX 25(B) ÷ 25(A)
95.5%85.6%
Management & general
Part IX 25(C) ÷ 25(A)
3.7%13.7%
Fundraising
Part IX 25(D) ÷ 25(A)
0.8%0.0%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.01$0.00
Contributions & grants share of revenue
Part VIII 1h ÷ 12
75.9%1.3%
Government grants share of revenue
Part VIII 1e ÷ 12
0.0%0.1%
Program service revenue share
Part VIII 2g ÷ 12
0.0%93.7%
Highest reported compensation
Part VII-A, columns D–F
$1,113,722$975,831
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
2.77%1.34%
People paid over $100,000
Part VII, line 2
1227
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
48.86.6
Independent voting board members
Part VI 1a–1b
31 of 3488.9%

A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.

What the money paid for, in its own words

2024 · Form 990, Part III · the three largest programs by expense
$38M expenses · 100.0% of program spending · grants $33M · revenue $1,212

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

Highest reported compensation

2024 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
DIRECTOR
Director/trustee, 4.0 hrs/week
$0$934,046$179,676$1,113,722
DIRECTOR/PRESIDENT/CEO
Director/trustee, officer, 36.0 hrs/week
$909,654$0$71,807$981,461
DIRECTOR
Director/trustee, 4.0 hrs/week
$0$445,463$41,046$486,509
SR DIR/VP DEVELOPMENT
Highest compensated employee, 40.0 hrs/week
$347,484$0$36,196$383,680
SR DIR/VP COMMUNITY & EXTERNAL RELATIONS
Highest compensated employee, 40.0 hrs/week
$323,762$0$41,528$365,290
SR DIR/CHIEF DEVELOPMENT OFFICER
Highest compensated employee, 40.0 hrs/week
$250,364$0$32,203$282,567
SR DIR/CHIEF DEVELOPMENT OFFICER
Highest compensated employee, 40.0 hrs/week
$233,455$0$19,702$253,157
Senior Director, Chief Development Officer
Highest compensated employee, 40.0 hrs/week
$227,629$0$12,045$239,674

12 people received more than $100,000 in reportable compensation from Banner Health Foundation (Part VII, line 2). Compensation of current officers, directors and key employees totaled $954K (Part IX, line 5).

6 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$20M$40M$60M$80M201920202021202220232024$39M$40M
FilingRevenueExpensesProgramsNet assetsTop pay
2024 ⓘ$39M$40M95.5%$163M$1,113,722
2023 ⓘ$26M$25M94.0%$153M$949,322
2022 ⓘ$30M$23M93.9%$138M$859,528
2021 ⓘ$28M$20M92.3%$138M$779,053
2020 ⓘ$20M$29M95.0%$121M$792,233
2019 ⓘ$19M$26M93.5%$118M$681,161

Governance answers, as filed

2024 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means
  • Voting board members, and how many are independent Part VI, lines 1a–1b34 · 31 independent
  • Audited financial statements Part XII 2bYes
  • Conflict-of-interest policy Part VI 12aYes
  • Whistleblower policy Part VI 13Yes
  • Document retention policy Part VI 14Yes
  • Independent process for top executive pay Part VI 15aNo
  • Board given the 990 before filing Part VI 11aNo
  • Family or business ties among insiders Part VI 2Yes
  • Aware of a significant diversion of assets Part VI 5No
  • Excess benefit transaction with an insider Part IV 25aNo
  • Loans to or from insiders outstanding Part IV 26No
  • Lobbying, or a 501(h) election in effect Part IV 4No
  • Over $15,000 of professional fundraising services Part IV 18Yes
  • Over $10,000 of activity outside the U.S. Part IV 14bNo
  • Employees Part I, line 534
  • Volunteers Part I, line 6168

Largest outside contractors

2024 · Form 990, Part VII, Section B · businesses only
Blackbaud Inc
Computer Software
$216,136
Omni Hotels
Event Management and Catering
$191,854
THE ANGELETTI GROUP LLC
Philanthropic Support
$123,429
Gobel Group
Consulting
$108,300

Individuals listed as contractors are left out. 4 contractors were paid more than $100,000 in all.

Private foundation grants it received

23 private foundations reported grants to Banner Health Foundation totaling $3.8M on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.

Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.

Correct a figure or respond

Every number above is copied from Banner Health Foundation's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Banner Health Foundation, you can publish a response that is linked from this page.

Similar-sized charities in this cause

All health care charities · Largest charities in Arizona

Questions people ask

How much of Banner Health Foundation's spending goes to programs?

In calendar year 2024, Banner Health Foundation reported that 95.5% of its $40.2 million in expenses went to program services, 3.7% to management and general and 0.8% to fundraising (Form 990, Part IX).

How much does Banner Health Foundation pay its top executive?

The largest total compensation Banner Health Foundation reported for one person in calendar year 2024 was $1,113,722, for the role of DIRECTOR (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Banner Health Foundation get its money?

Of $39.2 million in revenue in calendar year 2024, 75.9% came from contributions and grants and 0.0% from program service revenue (Form 990, Part VIII).

Is Banner Health Foundation a registered charity?

The IRS lists EIN 94-2545356 as a 501(c)(3) organization (publicly supported organization (170(b)(1)(a)(vi))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.

Sources

  • 2024: Form 990 for calendar year 2024, object 202503189349310650 · read the filing · XML
  • 2023: Form 990 for calendar year 2023, object 202413169349302881 · read the filing
  • 2022: Form 990 for calendar year 2022, object 202303149349300800 · read the filing
  • 2021: Form 990 for calendar year 2021, object 202203189349317690 · read the filing
  • 2020: Form 990 for calendar year 2020, object 202143199349327754 · read the filing
  • 2019: Form 990 for calendar year 2019, object 202043149349304404 · read the filing

All filings for EIN 94-2545356: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.