MEDTECH INNOVATOR ORGANIZES AND RUNS A GLOBAL COMPETITION AND VIRTUAL ACCELERATOR FOR MEDICAL DEVICE, DIGITAL HEALTH, AND DIAGNOSTIC STARTUP COMPANIES.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$11.3M
-23.4% YoY
Annual Giving
$759K
+7.4% YoY
Grant Count
13
+30.0% YoY
Avg Grant Size
$58K
-17.4% YoY
About Medtech Innovator
Based on IRS filings
Medtech Innovator is a nonprofit organization focused on Education, based in LOS ANGELES, CA. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $11.3M in total assets. In 2024, it awarded 13 grants totaling $759K. Net investment income was $51K.
Focus Areas
Ready to take the next step with Medtech Innovator?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $11,294,121 | $14,747,390 | $5,483,836 |
| Revenue | $2,103,858 | $13,316,576 | $3,463,152 |
| Expenses | $5,671,866 | $3,953,081 | $3,537,911 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $51,313 | — | — |
| 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
44 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Strokedx ($350,000), Microtransponder ($200,000), Immersivetouch ($35,000).
| Recipient | Purpose | Amount |
|---|---|---|
| NEUROBIONICS SOMERVILLE, MA | MTI 2024 VISION AWARD WINNER | $8,500 |
| AOPIA BIOSCIENCES INC PLEASANTON, CA | BTI 2023 FINALIST AWARD | $10,000 |
| ANDSON BIOTECH INC ATLANTA, GA | BTI 2023 FINALIST AWARD | $10,000 |
| REELREACTOR INC STAR, ID | BTI 2023 BEST VIDEO AWARD | $10,000 |
| INTERMED LABS LLC MORGANTOWN, WV | MTI 2023 EARLY STAGE FINALIST AWARD | $25,000 |
| NEURAVA INC WEST LAFAYETTE, IN | MTI 2023 EARLY STAGE FINALIST AWARD | $25,000 |
| SPARTA BIOMEDICAL INC MADISON, NJ | MTI 2023 EXECUTION AWARD | $10,000 |
| IMMERSIVETOUCH CHICAGO, IL | MTI 2023 AWARDS - BEST VIDEO & MID-STAGE FINALIST | $35,000 |
| MICROTRANSPONDER AUSTIN, TX | MTI 2023 MID-STAGE GRAND PRIZE AWARD | $200,000 |
| ALYVE MEDICAL INC DENVER, CO | MTI 2023 MID-STAGE FINALIST AWARD | $25,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| CHRISTOPHER MARTIN | DIRECTOR | 3 | — |
| PAUL GRAND | CEO & PRESIDENT | 50 | $772,578 |
| BIREN MEHTA | DIRECTOR | 2 | — |
| KAREN JOHNSON | DIRECTOR | 2 | — |
| KATHRYN ZAVALA | COO | 50 | $364,375 |
| BRIAN BENSON | SENIOR VICE PRESIDENT | 40 | $227,038 |
| AYELET MAROM | VP, PROGRAMS | 40 | $163,390 |
| DIANE BOUIS | DIRECTOR | 40 | $133,800 |
| DAPHNE AGHALARPOUR | CHIEF OF STAFF | 40 | $109,000 |
| JERRY CIOLINO | DIRECTOR OF OPERATIONS | 40 | $101,144 |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Medtech Innovator?
Medtech Innovator is a nonprofit organization focused on Education, based in LOS ANGELES, CA. It holds $11.3M in total assets as of 2024.
How large is Medtech Innovator?
As of 2024, Medtech Innovator holds $11.3M in total assets with $2.1M in annual revenue. It awarded 13 grants totaling $759K in 2024.
Where does Medtech Innovator operate?
Medtech Innovator has awarded grants in Arizona, California, Colorado, Connecticut, Florida, Georgia, Idaho, Illinois, Indiana, Kansas, Massachusetts, Maryland, North Carolina, New Jersey, Pennsylvania, Texas, Virginia, West Virginia.
What size grants does Medtech Innovator award?
In 2024, Medtech Innovator awarded 13 grants totaling $759K — an average of about $58K per grant, based on its IRS Form 990 filings.
What is Medtech Innovator's EIN?
Medtech Innovator's EIN (Employer Identification Number) is 81-3132011. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Medtech Innovator's focus areas in our free grants database
Related Funders
Similar funders by location and focus area
Gochnauer Family Foundation
CORONA DEL MAR, CA
Assets
$15.2M
Grants
39
Total Given
$313K
Cottage Health
SANTA BARBARA, CA
Assets
$172.1M
Grants
6
Total Given
$179K
International Right of Way Association
GARDENA, CA
Assets
$5.7M
Grants
1
Total Given
$9K
Quince Interfaith Housing Corporation
LEMON GROVE, CA
Assets
—
Grants
0
Total Given
—
William & Lillian Schwartz Charitable Foundation
LA JOLLA, CA
Assets
$325K
Grants
1
Total Given
$3K
Covia Foundation
GLENDALE, CA
Assets
$15.2M
Grants
1
Total Given
$4.8M
Data last updated April 2026. Sourced from IRS Form 990-PF filings.
What could you do with Medtech Innovator on Grantable?
- Assess strategic fit with your organization
- Draft a tailored letter of inquiry
- Find open RFPs from this funder
- Monitor for new funding opportunities
Go from researching Medtech Innovator to a real strategy.