Ivi Foundation Inc

Organization Overview

Ivi Foundation Inc is located in Alexandria, VA. The organization was established in 2019. According to its NTEE Classification (H05) the organization is classified as: Research Institutes & Public Policy Analysis, under the broad grouping of Medical Research and related organizations. As of 12/2021, Ivi Foundation Inc employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ivi Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2021, Ivi Foundation Inc generated $1.7m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (11.9%) each year. All expenses for the organization totaled $2.3m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

THE FOUNDATION'S MISSION IS TO ADVANCE THE SCIENCE AND IMPROVE THE PRACTICE OF VALUE ASSESSMENT IN HEALTHCARE.

Describe the Organization's Program Activity:

Part 3 - Line 4a

RESEARCH PROJECTS - THE FOUNDATION DEVELOPS OPEN-SOURCE VALUE MODELS FOR SPECIFIC DISEASES AS A LABORATORY FOR DEVELOPING NEXT-GENERATION METHODS FOR VALUE ASSESSMENT.


STAKEHOLDER AND PATIENT ENGAGEMENT - THROUGH INTENTIONAL PLANNING AND PRACTICE, WE SEEK TO ENSURE PATIENTS ARE FULL PARTICIPANTS AND EQUAL PARTNERS IN OUR RESEARCH DESIGN, EXECUTION, AND EVALUATION.


MEDIA COMMUNICATIONS - THE FOUNDATION COLLABORATES WITH HEALTHCARE STAKEHOLDERS TO ENGAGE IN RESEARCH, METHODS DEVELOPMENT, AND HEALTH ECONOMIC MODELING FOCUSED ON FIVE CORE AREAS:1- DEVELOPING OPEN-SOURCE PLATFORMS FOR MEASURING VALUE2- BUILDING TOOLS TO SUPPORT DECISION MAKING3- IMPROVING THE SCIENCE OF VALUE MEASUREMENT4- CONDUCTING RESEARCH TO UNDERSTAND AND QUANTIFY PATIENT PERSPECTIVES ON VALUE5- ENGAGING RESEARCH PARTNERS FOR TRANSLATIONAL AND APPLIED USE OF OSVP MODELS


MEMBERSHIP


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Board, Officers & Key Employees

Name (title)Compensation
Alan Balch PHD
Secretary
$0
Samuel Nussbaum MD
President
$0
Jennifer Bright
Executive Director
$0
Andrea Marsca
Director
$0
Donna Cryer
Director
$0
Gregory Daniel
Director
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Momentum Health Strategies Llc
Management Services
$747,083
Rand Corporation
Research
$233,885
National Health Council Inc
Research
$180,824
Schmidt Public Affairs Llc
Public Relations
$165,604
Healthcore Inc
Research
$141,476
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $56,405
All other contributions, gifts, grants, and similar amounts not included above$1,532,300
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$1,588,705
Total Program Service Revenue$75,000
Investment income $586
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $1,664,291

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Ivi Foundation Inc has recieved totaling $265,000.

Awarding OrganizationAmount
Pharmaceutical Research And Manufacturers Of America

Washington, DC

PURPOSE: General Contribution

$265,000
View Grant Recipient Profile

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