The Health Trust is a 501(c)(3) nonprofit organization and public charity headquartered in San Jose, California. Founded in 1996 as a hospital conversion foundation from the sale of Good Samaritan Health System, the organization operates as a nonprofit operating foundation dedicated to building health equity in Silicon Valley. As of 2024, The Health Trust refocused its work exclusively on advocacy and grantmaking after transitioning its direct service programs to other providers.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$136.8M
+5.3% YoY
Annual Giving
$3.6M
+2.6% YoY
Grant Count
24
+9.1% YoY
Avg Grant Size
$150K
-6.0% YoY
Mission & Focus Areas
Mission: The Health Trust's mission is to build health equity in Silicon Valley. The organization believes that everyone in the community should have the opportunity to be healthy, and that a person's income, race, immigration status, language, age, or zip code should never act as a barrier to health.
Primary Focus Areas:
- Food access and nutrition services
- Mental health services
- Economic opportunity and leadership development
- Health of Black communities
- Chronic disease prevention and management
- Housing and health
The organization operates through three primary roles: as a funder awarding grants to community-based organizations, as an advocate championing systems and policy changes, and through partnerships with other funders and stakeholders.
Grantmaking
How to Apply
** Organizations interested in Health Partnership Grants are encouraged to contact grants@healthtrust.org for pre-application support and questions about alignment before submitting a concept form.
Ready to take the next step with The Health Trust?
Geographic Focus
Where this funder awards grants
The Health Trust funds nonprofit and public agencies serving Santa Clara County and Northern San Benito County, California, with a priority on communities disproportionately impacted by health disparities.
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
Assets:
- Total assets: $126-129.9 million (as of 2023-2024)
- Total assets: $137 million (2025)
Annual Giving & Revenue:
- Annual giving: $3.5-4.3 million
- Total revenues: $21.5 million (2024)
- Total revenues: $16.5 million (2025)
Expenses:
- Total expenses: $22.7 million (2024)
- Total expenses: $9.96 million (2025)
Organizational Scale:
- Approximately 140 employees (2024)
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $136,803,917 | $129,922,263 | $124,963,416 |
| Revenue | $16,515,068 | $21,536,455 | $20,287,539 |
| Expenses | $9,960,673 | $22,715,007 | $18,894,126 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $12,739,338 | $5,899,016 | $6,933,133 |
| 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 2025
Grant Size Distribution
112 grants across all recorded years
Open Grants
1 open opportunity from The Health Trust
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
- Dr. Tony Iton: CEO and President
- Michele Lew, MPP: Chief Executive Officer (listed in some sources)
- Dennise Carter: Vice President, External Affairs
- Sean Dollard: Program Officer, Grantmaking
Compensation Overview
From 2025 IRS filing
From 2025 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| LISA YARBROUGH-GAUTHIER | CHAIR | 2 | — |
| DAVID O'REILLY | VICE CHAIR | 2 | — |
| MICHELE LEW | SECRETARY (THRU 06/25) | 2 | — |
| BRAD BARON | BOARD MEMBER | 2 | — |
| WEI-TING CHEN | BOARD MEMBER | 2 | — |
| BEN DUBIN | BOARD MEMBER | 2 | — |
| NEYSA FLIGOR | BOARD MEMBER (THRU 10/24) | 2 | — |
| GREG HENDERSON | BOARD MEMBER (THRU 06/25) | 2 | — |
| RHONDA MCCLINTON-BROWN | BOARD MEMBER | 2 | — |
| RAJAN NARANG | BOARD MEMBER | 2 | — |
| EDWARD REGINELLI | BOARD MEMBER (THRU 06/25) | 2 | — |
| EFREN ROSAS MD | BOARD MEMBER (THRU 06/25) | 2 | — |
| CRAIG STEPHENS PHD | BOARD MEMBER | 2 | — |
| AMY CHAN CAO THRU 0624 | INTERIM CFO (START 07/24) | 40 | $297,374 |
| MARIA GARCIA | VP OF PROGRAMS & STRATEGY | 40 | $163,459 |
| SHUANTA MCGEE | VP OF PROGRAMS (THRU 06/24) | 40 | $140,669 |
| ELISA KOFF-GINSBORG | DIRECTOR OF MENTAL HEALTH | 40 | $174,042 |
| MATTHEW VANDERWERF | DIRECTOR OF HUMAN RESOURCES | 40 | $156,172 |
| NGOC HO | DIRECTOR OF BUSINESS OPERATIONS | 40 | $136,430 |
| YUKIKO HATANAKA | CLINICAL SUPERVISOR (THRU 6/24) | 40 | $123,313 |
| MICHELE LEW | CEO (THRU 06/24) | 40 | $267,532 |
Recent News & Activity
Recent developments and announcements
**2026 Grant Cycle:** The Health Trust announced its 2026 Cycle 3 Grants with a focus on resilience through capacity building. Grants are supporting organizations that expand food access, provide mental health services, strengthen economic opportunities, and support the health of Black communities. The funding aims to keep essential community infrastructure stable, responsive, and rooted in equity.
The Health Trust Invests in Capacity to Confront Increasing Health Inequities**2025 Grant Awards:** The Health Trust awarded $3.65 million in FY25 grants and $2.15 million in FY26 Cycle 1 grants to advance health equity across Silicon Valley.
The Health Trust Invests in Capacity to Confront Increasing Health Inequities**Organizational Recognition:** The Health Trust holds a four-star rating with a 100% score, reflecting strong performance in accountability, finance, leadership, adaptability, and culture and community.
The Health Trust Invests in Capacity to Confront Increasing Health InequitiesSubject Areas
Focus areas based on grantmaking activity
Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
What could you do with The Health Trust 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