Innovia Foundation
Innovia is a community foundation formed for the benefit of the communities within their region of operation. Innovia seeks to partner with people and other organizations who want to make the world better by addressing our region's problems, helping those in need and identifying and responding to our region's greatest opportunities.
Financial Overview
From 2024 IRS Form 990-PF
Total Assets
$256.3M
+18.3% YoY
Annual Giving
$11.3M
+42.3% YoY
Grant Count
379
+11.5% YoY
Avg Grant Size
$30K
+27.7% YoY
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Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $256,295,102 | $216,731,958 | $167,789,472 |
| Revenue | $35,126,446 | $45,002,329 | $30,081,757 |
| Expenses | $19,018,596 | $13,733,721 | $14,195,053 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $5,519,152 | $4,912,963 | $9,020,799 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
3,480 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Who else does Innovia Foundation fund?
Explore the funder–grantee relationships behind this foundation, powered by GrantGraph™ — our database of 11 million+ funding connections.
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Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Rick Rasmussen | President | 3 | — |
| Marcelo Morales | Vice-President | 3 | — |
| Ryan Nipp | Secretary-Treasurer | 3 | — |
| Tyler Lafferty | Director | 2 | — |
| Helo Hancock | Director | 2 | — |
| Margo Hill | Director | 2 | — |
| Scott Hutsell | Director | 2 | — |
| Robert Larson | Director | 2 | — |
| Kimberly Manning | Director (As of 7/23) | 2 | — |
| Jeff Philipps | Director | 2 | $8,530 |
| Jennifer Vigil | Director (As of 7/23) | 2 | — |
| Pat Wright | Director | 2 | — |
| Shelly O'Quinn | Chief Executive Officer | 39.8 | $301,304 |
| Aaron McMurray | Chief Strategy Officer | 40 | $163,838 |
| Lauren Autrey | Chief Financial & Operating Officer | 39 | $172,482 |
| Molly Sanchez | Chief Community Investment Officer | 40 | $133,204 |
| Ben Small | Executive Director of LaunchNW | 40 | $140,548 |
| Erin Vincent Associate | Director of LaunchNW (Until 11/23) | 40 | $110,938 |
| Matt Bumpus Director of Research | and Community Impact | 40 | $114,224 |
Geographic Focus
Where this funder has awarded grants
Grant Distribution by State
States
Cities
Data last updated March 2026. Sourced from IRS Form 990-PF filings.
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