Banner Health Foundation
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.
Banner Health Foundation at a glance
In short: Banner Health Foundation gave $24.2M across 5 grants in 2024 (avg $4.8M), mostly in Arizona. Source: 2024 IRS Form 990.
- Annual giving (2024)
- $24,187,458
- +34.8% vs 2023
- Grants made (2024)
- 5
- +25.0% vs 2023
- Average grant
- $4,837,492
- +7.8% vs 2023
- Median grant
- $1,978,142
- Total assets
- $186,856,486
- +14.1% 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 Health Foundation funds
How this funder distributes its grants
Top Recipients
Top 5 recipients in 2024
The largest 2024 recipient was Banner Health ($20.0M). Together the top 5 received $24.2M.
Grant Size Distribution
18 grants across all recorded years
The most common grant size was in the $1–5M range: 7 grants of 18 (39%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2024 grant dollars across all 5 itemized grants.
Cities
How Banner Health Foundation gives
- Giving grew 80% 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 $13.0M (2020) to $24.2M (2024). In 2024 it made 5 grants totaling $24.2M.
Grants by year
Grant recipients and amounts by year
| 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 |
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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 | $186,856,486 | $39,169,513 | $40,172,582 | $24,187,458 | 5 | $9,948,513 |
| 2023 | $163,710,107 | $25,703,563 | $25,395,316 | $17,945,190 | 4 | $5,175,468 |
| 2022 | $144,074,291 | $30,126,773 | $22,666,456 | $15,967,908 | 3 | $1,925,533 |
| 2021 | $138,766,928 | $27,502,678 | $19,723,055 | $13,427,801 | 3 | $8,423,203 |
| 2020 | $124,606,717 | $19,685,026 | $28,530,522 | $12,971,150 | 3 | $3,754,379 |
About Banner Health Foundation
Based on IRS filings
Banner Health 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 $186.9M in total assets. In 2024, it awarded 5 grants totaling $24.2M. Net investment income was $9.9M.
Focus Areas
Leadership & Key People
Officers and directors from IRS filings
Banner Health Foundation is led by Andrea Petersen, Director, President & CEO on every filing since 2020; 6 of 39 officers listed in 2024 are compensated.
Officers on the 2024 filing
Andrea Petersen
Director, President & CEO
On filings since 2020
36 hrs/week
$662K (2020) → $910K (2024)
Tony Astorga
Director, Chairman & Treasurer
Director → Director, Chairman & Treasurer, 2023
On filings since 2020
6 hrs/week
No compensation reported
Christy Alter
Senior Director & Vice President Development
Vice President Development → Senior Director & Vice President Development, 2021
On filings since 2020
40 hrs/week
$274K (2020) → $347K (2024)
Megan Brownell
Senior Director, Vice President Community & External Relations
Vice President Committee & External Relations → Senior Director, Vice President Community & External Relations, 2021
On filings since 2020
40 hrs/week
$270K (2020) → $324K (2024)
Deborah Sheppard
Senior Director & Chief Development Officer
On filings since 2023
40 hrs/week
$246K (2023) → $250K (2024)
Jennifer Robertson
Senior Director & Chief Development Officer
New on the 2024 filing
40 hrs/week
$233K (2024)
Kristin Leshinskie
Senior Director & Chief Development Officer
New on the 2024 filing
40 hrs/week
$228K (2024)
Adam Goodman
Director
On filings since 2020
4 hrs/week
No compensation reported
Bruce Ward
Director
On filings since 2020
4 hrs/week
No compensation reported
Connor Tryhus
Director
On filings since 2020
4 hrs/week
No compensation reported
David Van Denburgh
Director
On filings since 2020
4 hrs/week
No compensation reported
Gretchen Kinsella
Director
On filings since 2020
4 hrs/week
No compensation reported
Jeff Stone
Director
On filings since 2020
4 hrs/week
No compensation reported
John Graham
Director
On filings since 2020
4 hrs/week
No compensation reported
John Strittmatter
Director
On filings since 2020
4 hrs/week
No compensation reported
Keith Galbut
Director
On filings since 2020
4 hrs/week
No compensation reported
Ken Van Winkle
Director
On filings since 2020
4 hrs/week
No compensation reported
Mi-Ai Parrish
Director & Vice Chairman
On filings since 2020
4 hrs/week
No compensation reported
Morris Stein
Director
On filings since 2020
4 hrs/week
No compensation reported
Nancy Davis
Director
On filings since 2020
4 hrs/week
No compensation reported
Scott Douglas
Director
On filings since 2020
4 hrs/week
No compensation reported
Sharon Harper
Director
On filings since 2020
4 hrs/week
No compensation reported
Shiva Birdi MD
Director
On filings since 2020
4 hrs/week
No compensation reported
Steve Hilton
Director
On filings since 2020
4 hrs/week
No compensation reported
Steven Moak
Director
Director & Chairman → Director, 2023
On filings since 2020
4 hrs/week
No compensation reported
Steven Ortega
Director
On filings since 2020
4 hrs/week
No compensation reported
Susan Anable
Director & Secretary
Director → Director & Secretary, 2023
On filings since 2020
4 hrs/week
No compensation reported
Todd Hurst MD
Director
On filings since 2020
4 hrs/week
No compensation reported
Alison Lewis
Director
On filings since 2021
4 hrs/week
No compensation reported
Jeremy Sharpe
Director
On filings since 2021
4 hrs/week
No compensation reported
Jp Millon
Director
On filings since 2021
4 hrs/week
No compensation reported
Mark Peterson
Director
On filings since 2021
4 hrs/week
No compensation reported
Rahul Chawla MD
Director
On filings since 2021
4 hrs/week
No compensation reported
Michael Blanton
Director
On filings since 2022
4 hrs/week
No compensation reported
Cindy Teets
Director
On filings since 2023
4 hrs/week
No compensation reported
Jordan Rosenbach
Director
New on the 2024 filing
4 hrs/week
No compensation reported
Mark Lederman
Director
New on the 2024 filing
4 hrs/week
No compensation reported
Nick Mansour
Director
New on the 2024 filing
4 hrs/week
No compensation reported
Thiru Thangaraithinam
Director
New on the 2024 filing
4 hrs/week
No compensation reported
Former officers (12)
- Former: David Berry (2020–2023) — Director
- Former: David Rousseau (2020–2023) — Director
- Former: Jennifer Robinson (2020–2023) — Senior Director & Chief Development Officer
- Former: Larry Lytle (2020–2023) — Director
- Former: Loren Bouchard (2021–2023) — Senior Director & Chief Development Officer
- Former: Garret McKnight (2020–2022) — Director
- Former: Hazel Richards (2020–2022) — Senior Director & Chief Development Officer
- Former: Linda Cook (2022) — Senior Director & Chief Development Officer
- Former: Linda Lotz (2020–2021) — Senior Director & Chief Development Officer
- Former: Chad Rohlfs (2020) — Chief Development Officer
- Former: Kathleen Desmond (2020) — Director
- Former: Kimberly J McWaters (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.
Compensation Overview
From 2024 IRS filing
The highest reported compensation on the 2024 filing was $910K, to Andrea Petersen (Director/President/CEO). 6 officers or directors reported compensation on that filing.
Frequently asked questions about Banner Health Foundation
How much does Banner Health Foundation give each year?
Banner Health Foundation gave $24.2M across 5 grants in 2024, according to its 2024 IRS Form 990. In 2023 it gave $17.9M across 4 grants.
What is Banner Health Foundation's typical grant size?
Banner Health Foundation's median grant in 2024 was $1,978,142, and its average grant was $4,837,492, across 5 grants on its 2024 IRS Form 990.
Where does Banner Health Foundation give grants?
Banner Health Foundation gives mostly in Arizona: 100% of the grant dollars itemized on its 2024 IRS Form 990 went to recipients there. The most frequent recipient cities were Phoenix, AZ (4 grants).
Does Banner Health Foundation give general operating support?
Yes: 100% of Banner Health Foundation's 2024 grants with a stated purpose (5 of 5) were for general or operating support, per its 2024 IRS Form 990.
Who are Banner Health Foundation's largest grantees?
Banner Health Foundation's largest 2024 grantees include Banner Health ($20,004,056), Banner Medical Group ($2,015,031) and Banner University Medical Group ($1,978,142), according to its 2024 IRS Form 990. Together they received 99% of its itemized 2024 grant dollars.
How large is Banner Health Foundation?
Banner Health Foundation reported $186.9M in total assets on its 2024 IRS Form 990. Its revenue that year was $39.2M.
What is Banner Health Foundation?
Banner Health Foundation is a public charity focused on Health, based in Phoenix, AZ. It holds $186.9M in total assets as of 2024.
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.
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
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