Innova Impact Foundation is a private foundation based in Denver, Colorado, that supports scholarships for people pursuing healthcare education or training, with an emphasis on healthcare professionals in rural communities.
Key facts about Innova Impact Foundation
In short: Innova Impact Foundation gave $65K across 13 grants in 2025 (avg $5K), top state Kansas. Source: 2025 IRS Form 990-PF.
- EIN
- 33-2351888
- Latest 990 filing
- Form 990-PF, 2025
- Annual giving (2025)
- $65,000
- Grants made (2025)
- 13
- Average grant
- $5,000
- Median grant
- $5,000
- Total assets
- $379,770
- Primary geography
- Kansas (23% of itemized 2025 grant dollars)
- Accepts unsolicited proposals
- No
- How to apply
- The website states that the 2026–2027 scholarship application deadline was May 15, 2026, and that awards would be announced by email by July 1, 2026. Full details ↓
Data from IRS Form 990-PF, 2025; updated October 2026. Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$380K
+153.2% YoY
Annual Giving
$65K
Grant Count
13
Avg Grant Size
$5K
Under IRS private-foundation payout rules, Innova Impact Foundation reported a distributable amount of $13K for 2025 — the minimum it must pay out in qualifying distributions.
How Innova Impact Foundation gives
- In 2025 it paid out 498% of its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Mission & Focus Areas
The foundation’s stated mission is to empower aspiring medical professionals in rural communities through financial support, helping cultivate a stronger healthcare workforce and improve access to quality care in underserved regions across the United States.
Its website says its scholarships support people pursuing education or training in healthcare-related fields and committed to rural medicine. The 2025 filing records scholarship grants to individual recipients.
Grantmaking
In 2025, the foundation reported $65,000 in grants across 13 awards. Each award was $5,000. The listed purposes were scholarships to individual recipients.
The website describes a scholarship application for people who reside in a rural area where Innova partners with a local hospital or healthcare facility. Applicants must be enrolled in or accepted to a healthcare-related program, demonstrate intent to practice in a rural or underserved area after graduation, and meet a minimum 3.0 GPA or similar post-secondary academic standard. Full-time students receive the full scholarship amount; awards are prorated based on credits for other students. Innova employees and their relatives are excluded. The website states that payments go directly to the educational institution for tuition and directly related educational expenses.
The foundation stated on its 2024 filing that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. This policy concerns contributions to organizations; the website separately describes an application process for individual scholarships.
How to Apply
The website states that the 2026–2027 scholarship application deadline was May 15, 2026, and that awards would be announced by email by July 1, 2026. These dates have passed. The website says the application process is closed and will open again in January 2027.
Ready to take the next step with Innova Impact Foundation?
Geographic Focus
Where this funder awards grants
The website describes eligibility for residents of rural areas where Innova partners with a local hospital or healthcare facility, and says scholarship recipients should intend to practice in a rural or underserved area after graduation. The 2025 filing reports grant dollars distributed to recipients in Kansas (23%), Arizona (23%), Colorado (23%), Michigan (15%), and New Mexico (8%).
Grant Distribution by State
Share of 2025 grant dollars across all 13 itemized grants.
Cities
Giving Over Time
Total grant dollars and number of grants per year
In 2025 it made 13 grants totaling $65K.
Grant Insights
How this funder distributes its grants
Grant Size Distribution
13 grants across all recorded years
The most common grant size was under $50K: 13 grants of 13 (100%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| 13 individual scholarships Recipients not named | — | $65,000 |
Financial History
Multi-year comparison from IRS filings
| Filing year | Assets | Revenue | Expenses | Grants | Grant count |
|---|---|---|---|---|---|
| 2025 | $379,770 | $300,000 | $70,230 | $65,000 | 13 |
| 2024 | $150,000 | $150,000 | Not provided | Not provided | 0 |
| Metric | 2025 | 2024 |
|---|---|---|
| Total Assets | $379,770 | $150,000 |
| Revenue | $300,000 | $150,000 |
| Expenses | $70,230 | — |
| Qualifying Distributions | $65,000 | — |
| Distributable Amount | $13,046 | $364 |
Data update history
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2024 (received by the IRS May 1, 2025)
- Updated Form 990-PF for fiscal year 2025 (received by the IRS March 26, 2026)
- IRS filings on file for fiscal years 2024–2025
Leadership & Key People
Leadership team and compensation from IRS filings
The 2025 filing lists Ashley Williams as president, Alisa Lee-Sherick as vice-president, Danielle McGee as treasurer, and Laura Edgerley-Gibb as secretary.
Innova Impact Foundation is led by Ashley Williams, President on every filing since 2024; none of the 4 officers listed in 2025 report compensation.
Officers on the 2025 filing
Ashley Williams
President
On filings since 2024
5 hrs/week
No compensation reported
Alisa Lee-Sherick
Vice President
On filings since 2024
0.3 hrs/week
No compensation reported
Danielle McGee
Treasurer
On filings since 2024
0.5 hrs/week
No compensation reported
Laura Edgerley-Gibb
Secretary
On filings since 2024
0.5 hrs/week
No compensation reported
Data from IRS Form 990 filings, 2024–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Contact
Mailing address: 9878 W Bellview Ave Pmb 5114, Littleton, CO 80123
Phone: (844) 466-6827
Website: https://www.innovaimpactfoundation.org
Frequently asked questions about Innova Impact Foundation
How much does Innova Impact Foundation give each year?
Innova Impact Foundation gave $65K across 13 grants in 2025, according to its 2025 IRS Form 990-PF.
What is Innova Impact Foundation's typical grant size?
Innova Impact Foundation's median grant in 2025 was $5,000, and its average grant was $5,000, across 13 grants on its 2025 IRS Form 990-PF.
Where does Innova Impact Foundation give grants?
Innova Impact Foundation's top state is Kansas, with 23% of the grant dollars itemized on its 2025 IRS Form 990-PF. The next largest states were Arizona (23%) and Colorado (23%).
Does Innova Impact Foundation give general operating support?
Not in 2025: none of the 13 grants with a stated purpose on Innova Impact Foundation's 2025 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Scholarship" (13 grants).
How large is Innova Impact Foundation?
Innova Impact Foundation reported $380K in total assets on its 2025 IRS Form 990-PF. It paid out $65K in qualifying distributions that year, against a required minimum of $13K (roughly 5% of its investment assets).
What does Innova Impact Foundation fund?
The foundation’s stated mission is to empower aspiring medical professionals in rural communities through financial support, helping cultivate a stronger healthcare workforce and improve access to quality care in underserved regions across the United States. See mission & focus areas ↑
How do I apply for a grant from Innova Impact Foundation?
The website states that the 2026–2027 scholarship application deadline was May 15, 2026, and that awards would be announced by email by July 1, 2026. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Innova Impact Foundation's EIN?
Innova Impact Foundation's EIN (Employer Identification Number) is 33-2351888. IRS Form 990 filing data is available on this page for 2024–2025.
Does Innova Impact Foundation accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated October 2026.
Here's the math on researching Innova Impact Foundation by hand.
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Figures come from Innova Impact Foundation'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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