Health Ventures
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.
Health Ventures at a glance
- Total assets
- $52,691,841
- +25.6% vs 2024
- Revenue (2025)
- $9,402,464
- +20.5% vs 2024
- Net investment income (2025)
- $387,604
- Expenses (2025)
- $52,586
- -99.5% vs 2024
- Latest 990 filing
- Form 990, 2025 View filing
Data from IRS Form 990, 2025; updated September 2026.
Who Health Ventures funds
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%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
How Health Ventures gives
- Giving held roughly steady from 2021 to 2024 (+11%). 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 $2.8M (2022) to $10.0M (2024). In 2024 it made 1 grant totaling $10.0M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Peacehealth Vancouver, WA | Support Peacehealth | $10,000,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2025 | $52,691,841 | $9,402,464 | $52,586 | — | — | $387,604 |
| 2024 | $41,957,551 | $7,799,914 | $10,028,345 | $10,000,000 | 1 | — |
| 2023 | $42,789,726 | $11,800,224 | $10,062,982 | $10,000,000 | 1 | — |
| 2022 | $39,771,143 | $11,486,989 | $2,801,698 | $2,750,000 | 1 | — |
| 2021 | $30,377,317 | $13,430,744 | $9,046,599 | $9,000,000 | 1 | $-9,983 |
| 2020 | $25,906,365 | $8,197,770 | $8,944,848 | $8,776,170 | 1 | $19,967 |
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
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.
Data update history
(7)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2022 (received by the IRS May 14, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS May 10, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS April 18, 2025)
- 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
Live grants for the work Health Ventures funds
Health Open opportunities, soonest deadline first.
Explore Open Grants
Browse active grant opportunities in Health Ventures's focus areas in our free grants database
Similar Funders
Funders with grantees in common, and similar funders in Washington
Fred Hutchinson Cancer Center
Seatle, WA
Fred Hutchinson Cancer Center funds cancer and infectious disease research, along with Washington community-led projects in cancer prevention, screening, education, and care access. Research grants vary widely (the 2025 median was about $118,000); its community awards were up to $15,000, and Tribal Community Grants up to $50,000 plus indirect costs. Community programs are focused on Washington State; whether unsolicited requests are accepted is not stated.
Assets
$3.6B
Grants
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Total Given
$88.2M
Oregon Association of Hospitals & Health Systems
Tigard, OR
The Oregon Association of Hospitals primarily supports hospitals and health systems through consultation, resources, advocacy, and education; its past grants went to hospitals, mostly in Oregon. Its 2020 awards ranged from about $11,600 to $42,600, but its 2022–2024 filings report no grants. No application process or instructions are stated.
Assets
$42.0M
Grants
0
Total Given
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Peacehealth St John Medical Center Foundation
Longview, WA
The mission of the foundation is to support peacehealth st. John medical center, located in longview, washington, by soliciting, receiving, managing, administering and distributing funds or other gifts to or for the benefit of peacehealth st. John medical center.
Assets
$8.8M
Grants
1
Total Given
$768K
Peacehealth Southwest Medical Center Foundation
Vancouver, WA
To improve the health and lives of community members by raising funds and providing charitable support to peacehealth southwest medical center so that compassionate, affordable and high quality medical care may be offered to all in this region.
Assets
$52.0M
Grants
1
Total Given
$13.9M
Cottage Grove Community Hospital
Eugene, OR
To improve the health and lives of community members by providing charitable support to peacehealth cottage grove medical center (the hospital) so that compassionate, affordable and high-quality medical care may be offered to all in this region.
Assets
$854K
Grants
1
Total Given
$17K
Fred Hutchinson Cancer Research Center
Seattle, WA
Fred Hutchinson Cancer Research Center funded cancer and related-disease research, including vaccine and infectious disease research, clinical studies, and public health; its 2022 grants had a median of $57,544, though awards ranged widely. Grants went to organizations across multiple states, while a separate Washington State community-grants program offered awards up to $15,000; its 2026 deadline has passed. The profile does not state whether it accepts unsolicited requests generally.
Assets
—
Grants
299
Total Given
$122.1M
More similar funders
More Funders in Washington
The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open
Figures come from Health Ventures'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.
Health Ventures down — hundreds of funders to go?