IVI Foundation Inc
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.
IVI Foundation Inc at a glance
- Total assets
- $688,638
- -19.4% vs 2024
- Revenue (2025)
- $1,614,352
- -30.6% vs 2024
- Net investment income (2025)
- $24,978
- -54.1% vs 2024
- Expenses (2025)
- $1,823,916
- -37.9% vs 2024
- Latest 990 filing
- Form 990, 2025 View filing
Data from IRS Form 990, 2025; updated September 2026.
Who IVI Foundation Inc funds
How this funder distributes its grants
Grant Size Distribution
2 grants across all recorded years
The most common grant size was under $50K: 1 grant of 2 (50%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2022 to 2023, annual grant giving ranged from $15K (2023) to $100K (2022). In 2023 it made 1 grant totaling $15K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| EveryLife Foundation for Rare Diseases Washington, DC | Research for rare diseases | $15,000 |
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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 | $688,638 | $1,614,352 | $1,823,916 | — | — | $24,978 |
| 2024 | $854,448 | $2,326,424 | $2,937,790 | — | — | $54,438 |
| 2023 | $1,513,807 | $2,890,230 | $3,196,223 | $15,000 | 1 | $23,754 |
| 2022 | $1,961,316 | $2,485,033 | $2,810,039 | $100,000 | 1 | $1,008 |
| 2021 | $2,038,987 | $1,664,291 | $2,258,514 | — | — | $586 |
| 2020 | $2,641,128 | $3,290,037 | $1,680,713 | — | — | $3,612 |
| 2019 | $1,154,813 | $2,434,391 | $1,490,241 | — | — | — |
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
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
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.
Data update history
(3)
When this profile's IRS filing data changed on Grantable
- Added Form 990 for fiscal year 2019 (received by the IRS August 14, 2020)
- Added Form 990 for fiscal year 2025 (received by the IRS July 31, 2026)
- IRS filings on file for fiscal years 2020–2024
Live grants for the work IVI Foundation Inc funds
Medical Research Open opportunities, soonest deadline first.
- Dr. Richard A. Falls Virginia Lions Eye Institute Research Grant Up to $40,000 (yearly total budget) · Due October 25, 2026
- NSF Graduate Research Fellowship Program (GRFP) $32,000 annually plus $12,000 cost of education allowance · Due October 27, 2026
- Social, Political and Economic Inequality Grants Due October 28, 2026
Explore Open Grants
Browse active grant opportunities in IVI Foundation Inc's focus areas in our free grants database
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IVI Foundation Inc down — hundreds of funders to go?