Health Ventures is operated primarily for the benefit and purposes of peacehealth, a 501(c)(3) organization, which has been formally recognized as a pontifical private juridic person engaged in the apostolic work of the roman catholic church.
Key facts about Health Ventures
- EIN
- 91-1350776
- Latest 990 filing
- Form 990, 2025
- Total assets
- $52,691,841
Data from IRS Form 990, 2025; updated September 2026.
Financial Overview
From 2025 IRS Form 990 · View filing
Total Assets
$52.7M
+25.6% YoY
Revenue
$9.4M
+20.5% YoY
Net Investment Income
$388K
Expenses
$53K
-99.5% YoY
How Health Ventures gives
- Giving held roughly steady from 2021 to 2024 (+11%). Method
From the foundation's IRS Form 990 filings. Methodology.
About Health Ventures
Based on IRS filings
Health Ventures is a public charity focused on Health, based in Vancouver, WA. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $52.7M in total assets. Net investment income was $388K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $2.8M (2022) to $10.0M (2024). In 2024 it made 1 grant totaling $10.0M.
Grant Insights
How this funder distributes its grants
Grant Size Distribution
4 grants across all recorded years
The most common grant size was $5M or more: 3 grants of 4 (75%).
Giving History
Grant recipients and amounts by year
No grants recorded for 2025.
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $52,691,841 | $41,957,551 | $42,789,726 |
| Revenue | $9,402,464 | $7,799,914 | $11,800,224 |
| Expenses | $52,586 | $10,028,345 | $10,062,982 |
| Net Investment Income | $387,604 | — | — |
Data update history
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2020 (received by the IRS May 14, 2021)
- Updated Form 990 for fiscal year 2021 (received by the IRS May 13, 2022)
- Added Form 990 for fiscal year 2025 (received by the IRS May 6, 2026)
- IRS filings on file for fiscal years 2020–2024
Leadership & Key People
Officers and directors from IRS filings
Health Ventures is led by Scott Foster, Former Director & Chief Executive Phmg since 2025 (on filings since 2020); none of the 7 officers listed in 2025 report compensation.
Officers on the 2025 filing
Scott Foster
Former Director & Chief Executive Phmg
Chief Med Executive & Svc Lines Phmg → Chief Med Executive & Phmg, 2024
Chief Med Executive & Phmg → Former Director & Chief Executive Phmg, 2025
On filings since 2020
No compensation reported
Melissa Edwards MD
Director, Chief Executive & Phmg
Chief Executive & Phmg → Director, Chief Executive & Phmg, 2025
On filings since 2024
2 hrs/week
No compensation reported
Michael P. Dwyer
President
President → Director, President & CEO, 2022
Director, President & CEO → President, 2024
On filings since 2020
2 hrs/week
No compensation reported
Darrin Montalvo
Chair, Vice President, Treasurer & Ph Executive Vice President Cfgo
Director, Vice President & Treasurer → Vice President, Treasurer & Chair, 2024
Vice President, Treasurer & Chair → Chair, Vice President, Treasurer & Ph Executive Vice President Cfgo, 2025
On filings since 2020
1 hr/week
No compensation reported
Richard Decarlo
Director, Ph COO & Executive Vice President
Director → Director, Ph COO & Executive Vice President, 2025
On filings since 2020
2 hrs/week
No compensation reported
Brian Shipley
Former Secretary
Secretary → Director, 2024
Director → Former Secretary, 2025
On filings since 2020
2 hrs/week
No compensation reported
Thomas Karnes
Secretary & Ph Senior Vice President General Counsel
Secretary → Secretary & Ph Senior Vice President General Counsel, 2025
On filings since 2023
2 hrs/week
No compensation reported
Former officers (6)
- Former: Karl Carrier (2020–2024) — Bod Chair
- Former: John C. Bennett (2020–2023) — Former Chief Executive Ambulatory
- Former: Michael C. Metcalf (2020–2022) — Chief Executive Phmg
- Former: Chad Knight (2020) — Secretary
- Former: Jasmine Gonzalez (2020) — Secretary
- Former: Kimberly A. Hodgkinson (2020) — Treasurer
Data from IRS Form 990 filings, 2020–2025. "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 Health Ventures
How large is Health Ventures?
Health Ventures reported $52.7M in total assets on its 2025 IRS Form 990. Its revenue that year was $9.4M.
What is Health Ventures?
Health Ventures is a public charity focused on Health, based in Vancouver, WA. It holds $52.7M in total assets as of 2025.
Where does Health Ventures operate?
Health Ventures has awarded grants in Washington.
What is Health Ventures's EIN?
Health Ventures's EIN (Employer Identification Number) is 91-1350776. IRS Form 990 filing data is available on this page for 2020–2025.
Data last updated September 2026. Sourced from IRS Form 990 filings.
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Browse active grant opportunities in Health Ventures's focus areas in our free grants database
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