ESTABLISHED IN 2001, BANNER HEALTH FOUNDATION SECURES AND STEWARDS CHARITABLE CONTRIBUTIONS TO ADVANCE BANNER HEALTH'S MISSION, INVESTING IN FACILITIES AND PROGRAMS THAT SUPPORT ADVANCEMENTS IN CARE, RESEARCH, MEDICAL EDUCATION, PATIENT SERVICES, AND A VARIETY OF COMMUNITY BENEFITS.
Key facts about Banner Health Foundation
- EIN
- 94-2545356
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $24,187,458
- Grants made (2024)
- 5
- Average grant
- $4,837,492
- Median grant
- $1,978,142
- Total assets
- $186,856,486
- Primary geography
- Arizona (100% of itemized 2024 grant dollars)
Data from IRS Form 990-PF, 2024; updated April 2026.
Who Banner Health Foundation funds
By grant dollars, the top recipient states for Banner Health Foundation's 5 itemized 2024 grants were Arizona (100%). The most frequent recipient cities were Phoenix, AZ (4 grants). 100% of grants with a stated purpose were for general or operating support.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$186.9M
+14.1% YoY
Annual Giving
$24.2M
+34.8% YoY
Grant Count
5
+25.0% YoY
Avg Grant Size
$4.8M
+7.8% YoY
About Banner Health Foundation
Based on IRS filings
Banner Health Foundation is a nonprofit organization focused on Health, based in PHOENIX, AZ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $186.9M in total assets. In 2024, it awarded 5 grants totaling $24.2M. Net investment income was $9.9M.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 5 itemized 2024 grant dollars.
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $186,856,486 | $163,710,107 | $144,074,291 |
| Revenue | $39,169,513 | $25,703,563 | $30,126,773 |
| Expenses | $40,172,582 | $25,395,316 | $22,666,456 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $9,948,513 | $5,175,468 | $1,925,533 |
| 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 5 recipients in 2024
Grant Size Distribution
18 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest recipients include Banner Health ($20,004,056), Banner Medical Group ($2,015,031), Banner University Medical Group ($1,978,142).
| Recipient | Purpose | Amount |
|---|---|---|
| BANNER HEALTH PHOENIX, AZ | General Support | $20,004,056 |
| Banner Medical Group Phoenix, AZ | General Suppport | $2,015,031 |
| Banner University Medical Group Phoenix, AZ | General Support | $1,978,142 |
| Wyoming Medical Center Phoenix, AZ | General Support | $98,847 |
| University of Arizona Foundation Tucson, AZ | General Support | $91,382 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| ANDREA PETERSEN | DIRECTOR/PRESIDENT/CEO | 36 | $909,654 |
| MI-AI PARRISH | DIRECTOR/VICE CHAIRMAN | 4 | — |
| SUSAN ANABLE | DIRECTOR/SECRETARY | 4 | — |
| TONY ASTORGA | DIRECTOR/CHAIRMAN/TREASURER | 6 | — |
| ADAM GOODMAN | DIRECTOR | 4 | — |
| ALISON LEWIS | DIRECTOR | 4 | — |
| BRUCE WARD | DIRECTOR | 4 | — |
| CINDY TEETS | DIRECTOR | 4 | — |
| CONNOR TRYHUS | DIRECTOR | 4 | — |
| DAVID VAN DENBURGH | DIRECTOR | 4 | — |
| GRETCHEN KINSELLA | DIRECTOR | 4 | — |
| JEFF STONE | DIRECTOR | 4 | — |
| JEREMY SHARPE | DIRECTOR | 4 | — |
| JOHN GRAHAM | DIRECTOR | 4 | — |
| JOHN STRITTMATTER | DIRECTOR | 4 | — |
| JORDAN ROSENBACH | DIRECTOR (AS OF 09/24) | 4 | — |
| JP MILLON | DIRECTOR | 4 | — |
| KEITH GALBUT | DIRECTOR | 4 | — |
| KEN VAN WINKLE | DIRECTOR | 4 | — |
| MARK LEDERMAN | DIRECTOR | 4 | — |
| MARK PETERSON | DIRECTOR | 4 | — |
| MICHAEL BLANTON | DIRECTOR | 4 | — |
| MORRIS STEIN | DIRECTOR | 4 | — |
| NANCY DAVIS | DIRECTOR | 4 | — |
| NICK MANSOUR | DIRECTOR | 4 | — |
| RAHUL CHAWLA MD | DIRECTOR | 4 | — |
| SCOTT DOUGLAS | DIRECTOR | 4 | — |
| SHARON HARPER | DIRECTOR | 4 | — |
| SHIVA BIRDI MD | DIRECTOR | 4 | — |
| STEVE HILTON | DIRECTOR | 4 | — |
| STEVEN MOAK | DIRECTOR | 4 | — |
| STEVEN ORTEGA | DIRECTOR | 4 | — |
| THIRU THANGARAITHINAM | DIRECTOR (AS OF 03/24) | 4 | — |
| TODD HURST MD | DIRECTOR | 4 | — |
| CHRISTY ALTER | SR DIR/VP DEVELOPMENT | 40 | $347,484 |
| DEBORAH SHEPPARD | SR DIR/CHIEF DEVELOPMENT OFFICER | 40 | $250,364 |
| JENNIFER ROBERTSON | SR DIR/CHIEF DEVELOPMENT OFFICER | 40 | $233,455 |
| KRISTIN LESHINSKIE | Senior Director, Chief Development Officer | 40 | $227,629 |
| MEGAN BROWNELL | SR DIR/VP COMMUNITY & EXTERNAL RELATIONS | 40 | $323,762 |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Banner Health Foundation?
Banner Health Foundation is a nonprofit organization focused on Health, based in PHOENIX, AZ. It holds $186.9M in total assets as of 2024.
How large is Banner Health Foundation?
As of 2024, Banner Health Foundation holds $186.9M in total assets with $39.2M in annual revenue. It awarded 5 grants totaling $24.2M in 2024.
Where does Banner Health Foundation operate?
Banner Health Foundation has awarded grants in Arizona, Missouri.
What size grants does Banner Health Foundation award?
In 2024, Banner Health Foundation awarded 5 grants totaling $24.2M — an average of about $4.8M per grant, based on its IRS Form 990 filings.
What is Banner Health Foundation's EIN?
Banner Health Foundation's EIN (Employer Identification Number) is 94-2545356. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.