SEE SCHEDULE O
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$4.8M
-73.4% YoY
Annual Giving
$1.9M
+78.8% YoY
Grant Count
8
+300.0% YoY
Avg Grant Size
$235K
-55.3% YoY
About Advancium Health Network Inc
Based on IRS filings
Advancium Health Network Inc is a nonprofit organization focused on Medical Research, based in NEW YORK, NY. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $4.8M in total assets. In 2024, it awarded 8 grants totaling $1.9M.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $4,785,014 | $17,991,568 | $417,585 |
| Revenue | $1,082,418 | $16,967,337 | $3,430,074 |
| Expenses | $7,138,898 | $5,300,994 | $3,086,977 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $-12,614,434 | $1,015 | $74 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 8 recipients in 2024
Grant Size Distribution
12 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Polyvascular Inc ($1,040,283), The Trustees of the University of Pennsylvania ($169,000), Baylor College of Medicine ($135,000).
| Recipient | Purpose | Amount |
|---|---|---|
| POLYVASCULAR INC HOUSTON, TX | RESEARCH AND DEVELOPMENT | $1,040,283 |
| THE TRUSTEES OF THE UNIVERSITY OF PENNSYLVANIA PHILADELPHIA, PA | RESEARCH AND DEVELOPMENT | $169,000 |
| BAYLOR COLLEGE OF MEDICINE HOUSTON, TX | RESEARCH AND DEVELOPMENT | $135,000 |
| ANN & ROBERT H LURIE CHILDREN'S HOSPITAL OF CHICAGO CHICAGO, IL | RESEARCH AND DEVELOPMENT | $130,000 |
| THE RESEARCH INSTITUTE AT NATIONWIDE CHILDREN'S HOSPITAL COLUMBUS, OH | RESEARCH AND DEVELOPMENT | $129,605 |
| CHILDREN'S NATIONAL MEDICAL CENTER WASHINGTON DC, DC | RESEARCH AND DEVELOPMENT | $128,996 |
| BOARD OF TRUSTEES OF THE LELAND STANFORD JUNIOR UNIVERSITY REDWOOD CITY, CA | RESEARCH AND DEVELOPMENT | $118,438 |
| COLUMBIA UNIVERSITY NEW YORK, NY | RESEARCH AND DEVELOPMENT | $32,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| MARK VEICH | PRESIDENT | 40 | — |
| OLIVIER ELEMENTO | SECRETARY | 1 | — |
| JEFFREY KAPLAN TO 424 | TREASURER | 1 | — |
| GARY BREWSTER AS OF 424 | DIRECTOR | 1 | — |
| MICHELE CLEARY DIR TO 524 | CHIEF SCIENTIFIC OFFICER (AS OF 6/24) | 40 | $327,670 |
| YUNG LIE AS OF 624 | DIRECTOR | 1 | — |
| RON MITCHELL | DIRECTOR | 1 | — |
| LAURIE ZEPHYRIN | DIRECTOR | 1 | — |
| SHAWN DAVIS TO 224 | SVP & COO | 40 | $246,644 |
| LINDSEY REYNOLDS | DIRECTOR, FINANCE | 40 | $267,949 |
| EMMA MORAN EVANS | DIRECTOR, COBICURE MED TECH | 40 | $271,338 |
| MAUREEN REYES | DIRECTOR, STRATEGY & OPS | 40 | $291,194 |
| ROBERT OLAN | VP BUSINESS DEVELOPMENT | 40 | $254,008 |
| JYOTI PATEL | DIRECTOR BUSINESS OPS & MARKETING | 40 | $215,354 |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Advancium Health Network Inc?
Advancium Health Network Inc is a nonprofit organization focused on Medical Research, based in NEW YORK, NY. It holds $4.8M in total assets as of 2024.
How large is Advancium Health Network Inc?
As of 2024, Advancium Health Network Inc holds $4.8M in total assets with $1.1M in annual revenue. It awarded 8 grants totaling $1.9M in 2024.
Where does Advancium Health Network Inc operate?
Advancium Health Network Inc has awarded grants in California, District of Columbia, Illinois, Massachusetts, New York, Ohio, Pennsylvania, Texas.
What size grants does Advancium Health Network Inc award?
In 2024, Advancium Health Network Inc awarded 8 grants totaling $1.9M — an average of about $235K per grant, based on its IRS Form 990 filings.
What is Advancium Health Network Inc's EIN?
Advancium Health Network Inc's EIN (Employer Identification Number) is 87-2622250. IRS Form 990 filing data is available on this page for 2021–2024.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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