Gradian Health Systems Inc

Private foundation · Grantmaker New York, NY EIN: 27-2092828

Gradian Health Systems Inc is a private foundation focused on Health, based in New York, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $23.3M in total assets. In 2024, it awarded 8 grants totaling $164K. Net investment income was $605.

Gradian Health Systems Inc at a glance

In short: Gradian Health Systems Inc gave $164K across 8 grants in 2024 (avg $20K), top state North Carolina. Source: 2024 IRS Form 990-PF.

Annual giving (2024)
$163,872
+265.7% vs 2023
Grants made (2024)
8
+60.0% vs 2023
Average grant
$20,484
+128.5% vs 2023
Median grant
$9,493
Total assets
$23,292,515
-30.4% vs 2023
Primary geography
North Carolina (0% of itemized 2024 grant dollars)
Latest 990 filing
Form 990-PF, 2024 View filing

Data from IRS Form 990-PF, 2024; updated September 2026.

Who Gradian Health Systems Inc funds

How this funder distributes its grants

Top Recipients

Top 8 recipients in 2024

Medical Stores Department: $55KMedical Stores Department$55KKilimanjaro Christian Medical Centre: $55KKilimanjaro Christian MedicalCentre$55KSoroti Regional Referral Hospital: $24KSoroti Regional ReferralHospital$24KKing Faisal Hospital: $12KKing Faisal Hospital$12KLagos University Teaching Hospital: $7KLagos University TeachingHospital$7KKisoro District Hospital: $5KKisoro District Hospital$5KEmilio Mzena Memorial Hospital: $5KEmilio Mzena Memorial Hospital$5KBeloved Asheville: $473Beloved Asheville$473

The largest 2024 recipient was Medical Stores Department ($55K). Together the top 8 received $164K.

Grant Size Distribution

47 grants across all recorded years

41<$50K4$50–100K$100–250K2$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 41 grants of 47 (87%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

4states

Share of 2024 grant dollars across all 8 itemized grants.

Cities

AshevilleCharlotteIndependenceNew YorkWest Orange

How Gradian Health Systems Inc gives

  • Giving fell 81% from 2021 to 2024. Method

From the foundation's IRS Form 990-PF filings. Methodology.

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$250K$500K$750K$1M15 grants2020 16 grants2021 3 grants2022 5 grants2023 8 grants2024

From 2020 to 2024, annual grant giving ranged from $40K (2022) to $881K (2021). In 2024 it made 8 grants totaling $164K.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Medical Stores Department To support critical care for patients at the hospital$55,125
Kilimanjaro Christian Medical Centre To support surgical care for patients at the hospital$54,944
Soroti Regional Referral Hospital To support surgical care for patients at the hospital$23,844
King Faisal Hospital To support critical care for patients at the hospital$12,118
Lagos University Teaching Hospital To support critical care for patients at the hospital$6,868
Kisoro District Hospital To support critical care for patients at the hospital$5,250
Emilio Mzena Memorial Hospital To support critical care for patients at the hospital$5,250
Beloved Asheville Asheville, NCTo Support of Respirators for Hurriance Helene$473
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsQualifying DistributionsNet Investment Income
2024$23,292,515$383,014$8,575,041$163,8728$8,035,689$605
2023$33,468,920$17,213,211$8,609,735$44,8155$7,732,165$3,116
2022$24,785,942$9,199,421$9,748,733$39,5273$8,226,416$4,140
2021$21,514,567$7,272,178$8,049,134$880,58516$7,701,313$109
2020$22,822,016$15,142,022$7,408,707$207,47415—$1,934

Leadership & Key People

Officers and directors from IRS filings

Gradian Health Systems Inc is led by Lina Sayed, CEO & Director since 2021 (on filings since 2020); 1 of 6 officers listed in 2024 is compensated.

Officers on the 2024 filing

  • Lina Sayed

    CEO & Director

    CEO → CEO & Director, 2021

    On filings since 2020

    40 hrs/week

    $281K (2020) → $389K (2024)

  • James H. Simons

    Chairperson

    On filings since 2020

    1 hr/week

    No compensation reported

  • David Ellis Acker

    Director

    On filings since 2020

    1 hr/week

    No compensation reported

  • Marilyn H. Simons

    Director

    On filings since 2020

    1 hr/week

    No compensation reported

  • Nils Daulaire

    Director

    On filings since 2020

    1 hr/week

    No compensation reported

  • Marina Shmoukler

    Director

    On filings since 2023

    1 hr/week

    No compensation reported

Former officers (5)
  • Former: Emmanuel Montier Vp Of Finance (2023) — Administrator
  • Former: Emmanuel Montier (2021–2022) — Vice President of Finance & Administrator
  • Former: Andrew Gyenes (2020) — Treasurer
  • Former: David Etll (2020) — COO & Director
  • Former: Stephen Rudy (2020) — CEO & 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

Lina Sayed — CEO/Director: $389KLina SayedCEO/Director$389K

The highest reported compensation on the 2024 filing was $389K, to Lina Sayed (CEO/Director).

Frequently asked questions about Gradian Health Systems Inc

How much does Gradian Health Systems Inc give each year?

Gradian Health Systems Inc gave $164K across 8 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $45K across 5 grants.

What is Gradian Health Systems Inc's typical grant size?

Gradian Health Systems Inc's median grant in 2024 was $9,493, and its average grant was $20,484, across 8 grants on its 2024 IRS Form 990-PF.

Does Gradian Health Systems Inc give general operating support?

Not in 2024: none of the 8 grants with a stated purpose on Gradian Health Systems Inc's 2024 IRS Form 990-PF were described as general or operating support. Recurring purposes include "To Support Critical Care for Patients at the Hospital" (5 grants).

Who are Gradian Health Systems Inc's largest grantees?

Gradian Health Systems Inc's largest 2024 grantees include Medical Stores Department ($55,125), Kilimanjaro Christian Medical Centre ($54,944) and Soroti Regional Referral Hospital ($23,844), according to its 2024 IRS Form 990-PF. Together they received 82% of its itemized 2024 grant dollars.

How large is Gradian Health Systems Inc?

Gradian Health Systems Inc reported $23.3M in total assets on its 2024 IRS Form 990-PF. Its revenue that year was $383K.

What is Gradian Health Systems Inc?

Gradian Health Systems Inc is a private foundation focused on Health, based in New York, NY. It holds $23.3M in total assets as of 2024.

Where does Gradian Health Systems Inc operate?

Gradian Health Systems Inc has awarded grants in North Carolina, New Jersey, New York, Virginia.

What is Gradian Health Systems Inc's EIN?

Gradian Health Systems Inc's EIN (Employer Identification Number) is 27-2092828. IRS Form 990 filing data is available on this page for 2020–2024.

Data last updated September 2026. Sourced from IRS Form 990-PF filings.

Data update history

(1)

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from Gradian Health Systems Inc'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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