Banner Alzheimer's Foundation
Established in 2006, the Banner Alzheimer's Foundation (BAF) secures and stewards charitable gifts to advance the mission of banner alzheimer's institute (BAI), including groundbreaking research initiatives and pioneering prevention studies, family outreach, counseling, and support services.
Banner Alzheimer's Foundation at a glance
In short: Banner Alzheimer's Foundation gave $7.1M across 1 grant in 2024 (avg $7.1M), mostly in Arizona. Source: 2024 IRS Form 990.
- Annual giving (2024)
- $7,119,620
- +14.0% vs 2023
- Grants made (2024)
- 1
- +0.0% vs 2023
- Average grant
- $7,119,620
- +14.0% vs 2023
- Median grant
- $7,119,620
- Total assets
- $31,486,947
- +2.9% vs 2023
- Primary geography
- Arizona (100% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990, 2024 View filing
Data from IRS Form 990, 2024; updated September 2026.
Who Banner Alzheimer's Foundation funds
How this funder distributes its grants
Top Recipients
Top recipient in 2024
The largest 2024 recipient was Banner Health ($7.1M).
Grant Size Distribution
6 grants across all recorded years
The most common grant size was $5M or more: 5 grants of 6 (83%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2024 grant dollars on its one itemized grant.
States
Cities
How Banner Alzheimer's Foundation gives
- Giving fell 26% from 2021 to 2024. Method
From the foundation's IRS Form 990 filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $6.2M (2023) to $9.8M (2022). In 2024 it made 1 grant totaling $7.1M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Banner Health Phoenix, AZ | General Support | $7,119,620 |
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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 | $31,486,947 | $8,427,455 | $7,120,238 | $7,119,620 | 1 | $2,444,707 |
| 2023 | $30,600,097 | $6,055,981 | $6,247,332 | $6,247,332 | 1 | $962,223 |
| 2022 | $29,692,618 | $2,089,381 | $9,791,838 | $9,785,838 | 1 | $482,635 |
| 2021 | $39,991,469 | $5,973,985 | $9,599,454 | $9,599,454 | 2 | $2,567,575 |
| 2020 | $41,572,159 | $17,773,889 | $8,013,533 | $8,013,533 | 1 | $703,889 |
About Banner Alzheimer's Foundation
Based on IRS filings
Banner Alzheimer's Foundation is a public charity focused on Health, based in Phoenix, AZ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $31.5M in total assets. In 2024, it awarded 1 grant totaling $7.1M. Net investment income was $2.4M.
Focus Areas
Leadership & Key People
Officers and directors from IRS filings
Banner Alzheimer's Foundation is led by Andrea Petersen, President & CEO on every filing since 2020; none of the 10 officers listed in 2024 report compensation.
Officers on the 2024 filing
Andrea Petersen
President & CEO
On filings since 2020
5 hrs/week
No compensation reported
Jerre Stead
Director & Chairman
On filings since 2020
4 hrs/week
No compensation reported
Jay Stead
Director
On filings since 2020
4 hrs/week
No compensation reported
Markus Reinhard
Director
On filings since 2020
4 hrs/week
No compensation reported
Michael Sklar
Director, Vice Chairman & Secretary
Director & Vice Chairman → Director, Vice Chairman & Secretary, 2023
On filings since 2020
4 hrs/week
No compensation reported
Tom Stocky
Director
On filings since 2020
4 hrs/week
No compensation reported
Tom Toole
Director & Treasurer
Director → Director & Treasurer, 2023
On filings since 2020
4 hrs/week
No compensation reported
Heidi TEETS
Director
On filings since 2023
4 hrs/week
No compensation reported
Donna Warfield
Director
New on the 2024 filing
4 hrs/week
No compensation reported
Michael Zuendel
Director
New on the 2024 filing
4 hrs/week
No compensation reported
Former officers (5)
- Former: Hazel Richards (2020–2022) — Senior Director & Chief Development Officer
- Former: Sheryl Von Blucher (2021–2022) — Director
- Former: Heinrich Thyssen (2020) — Director
- Former: Sheryl Von Butcher (2020) — Director
- Former: Steve Hilton (2020) — Director
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Banner Alzheimer's Foundation
How much does Banner Alzheimer's Foundation give each year?
Banner Alzheimer's Foundation gave $7.1M across 1 grant in 2024, according to its 2024 IRS Form 990. In 2023 it gave $6.2M across 1 grant.
How large is Banner Alzheimer's Foundation?
Banner Alzheimer's Foundation reported $31.5M in total assets on its 2024 IRS Form 990. Its revenue that year was $8.4M.
What is Banner Alzheimer's Foundation?
Banner Alzheimer's Foundation is a public charity focused on Health, based in Phoenix, AZ. It holds $31.5M in total assets as of 2024.
Where does Banner Alzheimer's Foundation operate?
Banner Alzheimer's Foundation has awarded grants in Arizona, California.
What is Banner Alzheimer's Foundation's EIN?
Banner Alzheimer's Foundation's EIN (Employer Identification Number) is 20-4862361. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Data update history
(6)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2020 (received by the IRS November 15, 2021)
- Updated Form 990 for fiscal year 2021 (received by the IRS November 14, 2022)
- Updated Form 990 for fiscal year 2022 (received by the IRS November 9, 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 14, 2025)
- IRS filings on file for fiscal years 2020–2024
Live grants for the work Banner Alzheimer's Foundation funds
Health Open opportunities, soonest deadline first.
Explore Open Grants
Browse active grant opportunities in Banner Alzheimer's Foundation's focus areas in our free grants database
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Figures come from Banner Alzheimer's Foundation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
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