Headwaters Health Foundation

MISSOULA, MT EIN: 81-1099715

Financial Overview

From 2024 IRS Form 990-PF

Total Assets

$127.5M

+3.1% YoY

Annual Giving

$6.3M

+52.6% YoY

Grant Count

131

+28.4% YoY

Avg Grant Size

$48K

+18.8% YoY

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Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$5M$11M$16M$21M20202021202220232024
Metric202420232022
Total Assets$127,500,140$123,719,137$115,738,217
Revenue$10,368,675$6,040,950$19,516,670
Expenses$10,930,297$8,140,566$6,639,184
Qualifying Distributions$9,672,344$6,963,397$5,629,672
Net Investment Income$12,241,727$4,650,802$18,713,246
Distributable Amount$5,274,948$5,884,813$4,887,039

Giving Over Time

Total grant dollars and number of grants per year

$0$2M$5M$7M$10M156 grants2020111 grants2021104 grants2022102 grants2023131 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

MONTANA NONPROFIT ASSOCI…$595KUNITED WAY OF MISSOULA C…$450KHELPING HANDS FUND$368KZERO TO FIVE MONTANA$360KTHE HENRY J KAISER FAMIL…$270KTRUST-BASED PHILANTHROPY…$250KST PETER'S HEALTH FOUNDA…$235KBUTTE 4 C'S$200KCONFEDERATED SALISH AND …$200KLINCOLN COUNTY HEALTH DE…$200K

Grant Size Distribution

604 grants across all recorded years

492<$50K31$50–100K55$100–250K12$250–500K14$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Who else does Headwaters Health Foundation fund?

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Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

MYNOR VELIZCHIEF FINANCIAL OFFICER$351KBRENDA SOLORZANO-CAU…FORMER CHIEF EXECUTIVE OFFICER$248KERIN SWITALSKIPROGRAM DIRECTOR$187KCARLY D HARECHIEF EXECUTIVE OFFICER$38K

From 2024 filing

NameTitleHoursCompensation
CARLY D HARECHIEF EXECUTIVE OFFICER40$37,954
BRENDA SOLORZANO-CAUDLEFORMER CHIEF EXECUTIVE OFFICER40$247,559
MYNOR VELIZCHIEF FINANCIAL OFFICER40$350,744
ERIN SWITALSKIPROGRAM DIRECTOR40$187,068
CARISSA KUHLCHAIR1.3
KELLEY RISCHKEVICE CHAIR1.3
RICHARD OPPERSECRETARY/TREASURER1.3
RACHEL HUFF-DORIATRUSTEE1.3
ROBERT J PHILLIPSTRUSTEE1.3
JASON SMITHTRUSTEE1.3
MIKE STEWARTTRUSTEE1.3
JEANNE TWOHIGTRUSTEE1.3
JENNIFER ST GODDARDTRUSTEE1.3
MARILYN ZIMMERMANTRUSTEE1.3

Geographic Focus

Where this funder has awarded grants

Grant Distribution by State

6states

Cities

AlbertonAnacondaArleeAtlantaBigforkBillingsBoulderBozemanBozmanButteCalabasasCardwellChalroCharloClintonColumbia FallsColumbia FlsCondonCorvallisDarby

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

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