WE ARE A MISSION-DRIVEN NON-PROFIT ORGANIZATION DEDICATED TO DELIVERING THE BEST HEALTH CARE EDUCATION THROUGH COLLABORATIVE DEVELOPMENT AND RESEARCH INTO INNOVATIVE, HIGH-IMPACT VIRTUAL TEACHING AND LEARNING METHODS.
Key facts about Aquifer Inc
- EIN
- 20-4755198
- Latest 990 filing
- Form 990-PF, 2025
- Annual giving (2025)
- $95,000
- Grants made (2025)
- 6
- Average grant
- $15,833
- Median grant
- $17,500
- Total assets
- $14,666,466
- Primary geography
- Virginia (42% of itemized 2025 grant dollars)
Data from IRS Form 990-PF, 2025; updated September 2026.
Who Aquifer Inc funds
By grant dollars, the top recipient states for Aquifer Inc's 6 itemized 2025 grants were Virginia (42%), New York (21%) and West Virginia (16%). None of its 6 grants with a stated purpose were described as general or operating support. Recurring purposes include "To Advance Medical Education" (6 grants).
How Aquifer Inc gives
- Giving held roughly steady from 2022 to 2025 (+12%). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Next steps with Aquifer Inc
- How to evaluate Aquifer Inc as a funder
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Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$14.7M
-2.3% YoY
Annual Giving
$95K
+11.8% YoY
Grant Count
6
+0.0% YoY
Avg Grant Size
$16K
+11.8% YoY
About Aquifer Inc
Based on IRS filings
Aquifer Inc is a nonprofit organization focused on Education, based in Hanover, NH. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $14.7M in total assets. In 2025, it awarded 6 grants totaling $95K. Net investment income was $216K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 6 itemized 2025 grant dollars.
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $14,666,466 | $15,006,893 | $14,928,835 |
| Revenue | $8,159,979 | $8,370,047 | $7,474,455 |
| Expenses | $7,563,951 | $7,435,199 | $7,309,944 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $216,484 | $205,878 | $61,177 |
| Distributable Amount | — | — | — |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2021–2025
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 6 recipients in 2025
Grant Size Distribution
30 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2025 grants, the largest recipients include Alliance for Academic Internal Medicine Inc ($20,000), The American Geriatrics Society Inc ($20,000), The Council on Medical Student Education in Pediatrics ($20,000).
| Recipient | Purpose | Amount |
|---|---|---|
| ALLIANCE FOR ACADEMIC INTERNAL MEDICINE INC Chantilly, VA | TO ADVANCE MEDICAL EDUCATION | $20,000 |
| THE AMERICAN GERIATRICS SOCIETY INC New York, NY | TO ADVANCE MEDICAL EDUCATION | $20,000 |
| THE COUNCIL ON MEDICAL STUDENT EDUCATION IN PEDIATRICS McLean, VA | TO ADVANCE MEDICAL EDUCATION | $20,000 |
| INTERNATIONAL ASSOCIATION OF MEDICAL EDUCATORS Huntington, WV | TO ADVANCE MEDICAL EDUCATION | $15,000 |
| SOCIETY OF TEACHERS OF FAMILY MEDICINE Leawood, KS | TO ADVANCE MEDICAL EDUCATION | $10,000 |
| ASSOCIATION OF ACADEMIC RADIOLOGY Warrenville, IL | TO ADVANCE MEDICAL EDUCATION | $10,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2025 IRS filing
From 2025 IRS filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Blake Darcy | Chair | 1 | — |
| Stephen Lawe | Treasurer | 1 | — |
| Susan Fernandes | Director | — | — |
| Bruce Morgenstern MD | Director | — | — |
| Charles Prober MD | Director | — | — |
| Leslie Fall MD | Chief Executive Officer | 40 | $299,212 |
| Craig Davis | Chief Financial Officer | 40 | $161,050 |
| Emily Stewart MD | Chief Curriculum Officer | 40 | $237,359 |
| Vimal Bhatnagar | Chief Operating Officer 'Til 11/24 | 40 | $178,157 |
| Stephanie Dewitt | Dir. of Product 'Til 11/24 | 40 | $153,413 |
| Nick Jones | Lead Developer | 40 | $147,580 |
| Shawn Griffin | Product Engineering Manager | 40 | $137,707 |
| Nat Pierson | Senior Data Engineer | 40 | $130,115 |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Aquifer Inc?
Aquifer Inc is a nonprofit organization focused on Education, based in Hanover, NH. It holds $14.7M in total assets as of 2025.
How large is Aquifer Inc?
As of 2025, Aquifer Inc holds $14.7M in total assets with $8.2M in annual revenue. It awarded 6 grants totaling $95K in 2025.
Where does Aquifer Inc operate?
Aquifer Inc has awarded grants in Illinois, Kansas, New York, Virginia, West Virginia.
What size grants does Aquifer Inc award?
In 2025, Aquifer Inc awarded 6 grants totaling $95K — an average of about $16K per grant, based on its IRS Form 990 filings.
What is Aquifer Inc's EIN?
Aquifer Inc's EIN (Employer Identification Number) is 20-4755198. IRS Form 990 filing data is available on this page for 2021–2025.
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Data last updated September 2026. Sourced from IRS Form 990-PF filings.