Advancium Health Network Inc
Advancium Health Network Inc at a glance
In short: Advancium Health Network Inc gave $1.9M across 8 grants in 2024 (avg $235K), mostly in Texas. Source: 2024 IRS Form 990.
- Annual giving (2024)
- $1,883,322
- +78.8% vs 2023
- Grants made (2024)
- 8
- +300.0% vs 2023
- Average grant
- $235,415
- -55.3% vs 2023
- Median grant
- $129,803
- Total assets
- $4,785,014
- -73.4% vs 2023
- Primary geography
- Texas (62% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990, 2024 View filing
Data from IRS Form 990, 2024; updated September 2026.
Who Advancium Health Network Inc funds
How this funder distributes its grants
Top Recipients
Top 8 recipients in 2024
The largest 2024 recipient was Polyvascular Inc ($1.0M). Together the top 8 received $1.9M.
Grant Size Distribution
12 grants across all recorded years
The most common grant size was in the $100–250K range: 6 grants of 12 (50%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2024 grant dollars across all 8 itemized grants.
Cities
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2022 to 2024, annual grant giving ranged from $1.1M (2023) to $1.9M (2024). In 2024 it made 8 grants totaling $1.9M.
Grants by year
Grant recipients and amounts by year
| 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 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2024 | $4,785,014 | $1,082,418 | $7,138,898 | $1,883,322 | 8 | $-12,614,434 |
| 2023 | $17,991,568 | $16,967,337 | $5,300,994 | $1,053,494 | 2 | $1,015 |
| 2022 | $417,585 | $3,430,074 | $3,086,977 | $1,315,000 | 2 | $74 |
| 2021 | $50,000 | $50,000 | $63,028 | — | — | — |
About Advancium Health Network Inc
Based on IRS filings
Advancium Health Network Inc is a public charity 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
Leadership & Key People
Officers and directors from IRS filings
Advancium Health Network Inc is led by Mark Veich, President since 2023 (on filings since 2021); 7 of 14 officers listed in 2024 are compensated.
Officers on the 2024 filing
Mark Veich
President
Director & President → President, 2023
On filings since 2021
40 hrs/week
No compensation reported
Emma Moran Evans
Director & Cobicure Med Tech
Director & Cobicure Medtech → Director & Cobicure Med Tech, 2024
On filings since 2023
40 hrs/week
$197K (2023) → $271K (2024)
Jyoti Patel
Director Business Ops & Marketing
Director, Business Operations & Marketing → Director Business Ops & Marketing, 2024
On filings since 2023
40 hrs/week
$171K (2023) → $215K (2024)
Lindsey Reynolds
Director & Finance
On filings since 2023
40 hrs/week
$104K (2023) → $268K (2024)
Maureen Reyes
Director, Strategy & Ops
New on the 2024 filing
40 hrs/week
$291K (2024)
Ron Mitchell
Director
On filings since 2021
1 hr/week
No compensation reported
Laurie Zephyrin
Director
On filings since 2022
1 hr/week
No compensation reported
Gary Brewster
Director
New on the 2024 filing
1 hr/week
No compensation reported
Yung Lie
Director
New on the 2024 filing
1 hr/week
No compensation reported
Michele Cleary Dir To
Chief Scientific Officer
New on the 2024 filing
40 hrs/week
$328K (2024)
Robert Olan
Vice President Business Development
New on the 2024 filing
40 hrs/week
$254K (2024)
Shawn Davis To
Senior Vice President & COO
New on the 2024 filing
40 hrs/week
$247K (2024)
Olivier Elemento
Secretary
Director & Secretary → Secretary, 2023
On filings since 2021
1 hr/week
No compensation reported
Jeffrey Kaplan To
Treasurer
New on the 2024 filing
1 hr/week
No compensation reported
Former officers (5)
- Former: Jeffrey Kaplan (2021–2023) — Treasurer
- Former: Constance Williams (2022–2023) — Director & Cil
- Former: Michele Cleary (2022–2023) — Director
- Former: Shawn Davis (2022–2023) — Senior Vice President & COO
- Former: David Doneson (2021) — Director
Data from IRS Form 990 filings, 2021–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2024 IRS filing
The highest reported compensation on the 2024 filing was $328K, to Michele Cleary DIR to 524 (Chief Scientific Officer (As of 6/24)). 7 officers or directors reported compensation on that filing.
Frequently asked questions about Advancium Health Network Inc
How much does Advancium Health Network Inc give each year?
Advancium Health Network Inc gave $1.9M across 8 grants in 2024, according to its 2024 IRS Form 990. In 2023 it gave $1.1M across 2 grants.
What is Advancium Health Network Inc's typical grant size?
Advancium Health Network Inc's median grant in 2024 was $129,803, and its average grant was $235,415, across 8 grants on its 2024 IRS Form 990.
Where does Advancium Health Network Inc give grants?
Advancium Health Network Inc gives mostly in Texas: 62% of the grant dollars itemized on its 2024 IRS Form 990 went to recipients there. The next largest states were Pennsylvania (9%) and Illinois (7%). The most frequent recipient cities were Houston, TX (2 grants).
Does Advancium Health Network Inc give general operating support?
Not in 2024: none of the 8 grants with a stated purpose on Advancium Health Network Inc's 2024 IRS Form 990 were described as general or operating support. Recurring purposes include "Research and Development" (8 grants).
Who are Advancium Health Network Inc's largest grantees?
Advancium Health Network Inc's largest 2024 grantees include Polyvascular Inc ($1,040,283), The Trustees of the University of Pennsylvania ($169,000) and Baylor College of Medicine ($135,000), according to its 2024 IRS Form 990. Together they received 71% of its itemized 2024 grant dollars.
How large is Advancium Health Network Inc?
Advancium Health Network Inc reported $4.8M in total assets on its 2024 IRS Form 990. Its revenue that year was $1.1M.
What is Advancium Health Network Inc?
Advancium Health Network Inc is a public charity focused on Medical Research, based in New York, NY. It holds $4.8M in total assets as of 2024.
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.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Data update history
(4)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2022 (received by the IRS November 15, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS November 11, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS November 12, 2025)
- IRS filings on file for fiscal years 2021–2024
Live grants for the work Advancium Health Network Inc funds
Medical Research Open opportunities, soonest deadline first.
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Browse active grant opportunities in Advancium Health Network Inc's focus areas in our free grants database
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