IVI Foundation Inc logo

IVI Foundation Inc

Public charity · Grantmaker Alexandria, VA EIN: 83-2257857 Website

The Foundation's mission is to advance the science and improve the practice of value assessment in healthcare. The Foundation's goal is to build a platform that facilitates robust and rigorous patient-centered value assessment of health technologies tailored to the needs and interests of individual decision makers.

Key facts about IVI Foundation Inc

EIN
83-2257857
Latest 990 filing
Form 990, 2025
Total assets
$688,638

Data from IRS Form 990, 2025; updated September 2026.

Financial Overview

From 2025 IRS Form 990 · View filing

Total Assets

$689K

-19.4% YoY

Revenue

$1.6M

-30.6% YoY

Net Investment Income

$25K

-54.1% YoY

Expenses

$1.8M

-37.9% YoY

About IVI Foundation Inc

Based on IRS filings

IVI Foundation Inc is a public charity focused on Medical Research, based in Alexandria, VA. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $689K in total assets. Net investment income was $25K.

Focus Areas

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

2states

Cities

Los AngelesWashington

Giving Over Time

Total grant dollars and number of grants per year

$0$25K$50K$75K$100K0 grants2019 0 grants2020 0 grants2021 1 grant2022 1 grant2023 0 grants2024 0 grants2025

From 2022 to 2023, annual grant giving ranged from $15K (2023) to $100K (2022). In 2023 it made 1 grant totaling $15K.

Grant Insights

How this funder distributes its grants

Grant Size Distribution

2 grants across all recorded years

1<$50K$50–100K1$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 1 grant of 2 (50%).

Giving History

Grant recipients and amounts by year

No grants recorded for 2025.

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Net Investment Income
$0$1M$2M$3M$4M2019 2020 2021 2022 2023 2024 2025
Metric202520242023
Total Assets$688,638$854,448$1,513,807
Revenue$1,614,352$2,326,424$2,890,230
Expenses$1,823,916$2,937,790$3,196,223
Net Investment Income$24,978$54,438$23,754

Data update history

When this profile's IRS filing data changed on Grantable

  1. Added Form 990 for fiscal year 2019 (received by the IRS August 14, 2020)
  2. Added Form 990 for fiscal year 2025 (received by the IRS July 31, 2026)
  3. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Officers and directors from IRS filings

IVI Foundation Inc is led by Jason Spangler, CEO on every filing since 2022; 5 of 17 officers listed in 2025 are compensated.

Officers on the 2025 filing

  • Jason Spangler

    CEO

    On filings since 2022

    40 hrs/week

    $141K (2022) → $77K (2025)

  • Mark Cziraky PharmD

    President

    Director → President, 2024

    On filings since 2022

    1 hr/week

    No compensation reported

  • Neil Weissman MD

    Director

    On filings since 2020

    1 hr/week

    No compensation reported

  • Gregory Daniel PhD

    Director

    President → Past President, 2023

    Past President → Director, 2025

    On filings since 2021

    1 hr/week

    No compensation reported

  • Nelly Ganesan MPH

    Director

    On filings since 2022

    1 hr/week

    No compensation reported

  • Kistein Monkhouse MPA

    Director

    On filings since 2024

    1 hr/week

    No compensation reported

  • Lisa Feng drph

    Director

    On filings since 2024

    1 hr/week

    No compensation reported

  • Scott Brunner

    Director

    On filings since 2024

    1 hr/week

    No compensation reported

  • Adam Thompson MPH

    Director

    New on the 2025 filing

    1 hr/week

    No compensation reported

  • Darcel Jackson CPXP LSSGB

    Director

    New on the 2025 filing

    1 hr/week

    No compensation reported

  • Patty Fritz MA

    Director

    New on the 2025 filing

    1 hr/week

    No compensation reported

  • Stacy Lloyd MPH

    Director

    New on the 2025 filing

    1 hr/week

    No compensation reported

  • Richard Chapman

    Chief Science Officer

    On filings since 2022

    40 hrs/week

    $258K (2022) → $233K (2025)

  • Tiffany Huth

    Chief Communications Officer

    On filings since 2022

    40 hrs/week

    $183K (2022) → $228K (2025)

  • Erica Malik

    Chief Operating Officer

    On filings since 2023

    40 hrs/week

    $102K (2023) → $172K (2025)

  • Ushma Amish Patel

    Patient Engagement Lead

    New on the 2025 filing

    40 hrs/week

    $110K (2025)

  • Harold Carter PharmD

    Treasurer

    Director → Treasurer, 2025

    On filings since 2022

    1 hr/week

    No compensation reported

Former officers (18)
  • Former: Alan Balch PhD (2019–2024) — Director
  • Former: Patty Fritz (2020–2024) — Secretary & Treasurer
  • Former: Charles Cutler MD MS (2022–2024) — Director
  • Former: Vipan Sood MBARPh MRPharmS (2022–2024) — Director
  • Former: Adam ThompsonMPH (2023–2024) — Director
  • Former: Suzanne Schrandt (2023–2024) — Director
  • Former: Susan Cantrell (2024) — Director
  • Former: Jennifer Bright (2019–2023) — Chief Engagement & Strat
  • Former: Michael Thompson (2020–2023) — President
  • Former: Ashley Valentine MRes (2022–2023) — Director
  • Former: John Banta MBA BS (2022–2023) — Director
  • Former: Rachel Patterson MPA (2023) — Director
  • Former: Andrea Marsca (2020–2022) — Director
  • Former: Zhwen Xie (2022) — Director of Research
  • Former: Samuel Nussbaum MD (2019–2021) — President
  • Former: Donna Cryer (2020–2021) — Director
  • Former: Daniel Durham (2019–2020) — Treasurer
  • Former: Greg Daniel (2020) — Director

Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2025 IRS filing

Richard Chapman — Chief Science Officer: $233KRichard ChapmanChief Science Officer$233KTiffany Huth — Chief Communications Officer: $228KTiffany HuthChief Communications Officer$228KErica Malik — Chief Operating Officer: $172KErica MalikChief Operating Officer$172KUshma Amish Patel — Patient Engagement Lead: $110KUshma Amish PatelPatient Engagement Lead$110KJason Spangler — CEO until 4/30/25: $77KJason SpanglerCEO until 4/30/25$77K

The highest reported compensation on the 2025 filing was $233K, to Richard Chapman (Chief Science Officer). 5 officers or directors reported compensation on that filing.

Frequently asked questions about IVI Foundation Inc

How large is IVI Foundation Inc?

IVI Foundation Inc reported $689K in total assets on its 2025 IRS Form 990. Its revenue that year was $1.6M.

What is IVI Foundation Inc?

IVI Foundation Inc is a public charity focused on Medical Research, based in Alexandria, VA. It holds $689K in total assets as of 2025.

Where does IVI Foundation Inc operate?

IVI Foundation Inc has awarded grants in California, District of Columbia.

What is IVI Foundation Inc's EIN?

IVI Foundation Inc's EIN (Employer Identification Number) is 83-2257857. IRS Form 990 filing data is available on this page for 2019–2025.

Data last updated September 2026. Sourced from IRS Form 990 filings.

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