742355411 · AZ ↑ parent cluster ·
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HONORHEALTH FOUNDATION

AZ · EIN 742355411 · $90.9M rev · grantmaker · www.honorhealthfoundation.org
profile

HonorHealth Foundation is a nonprofit foundation wholly owned by HonorHealth, a community hospital system in Arizona. It advances healthcare by channeling philanthropic gifts to support clinical care, research, patient services, and community health initiatives. The foundation enables donors to direct contributions to specific medical centers, programs, or endowments, with 100% of gifts going to designated purposes.

activities · 12

what they do

direct service · 6
  • Fundraising events for community health causes Cancer-Focused Fundraising & Awareness Events
    Organizes and hosts annual fundraising events such as Croquet for a Cure and the HonorHealth Foundation Pro-Am to support community health initiatives and urgent healthcare needs, including donor engagement for clinical care and research programs.
  • Fundraising events for community health causes Cancer-Focused Fundraising & Awareness Events
    Organizes and hosts annual fundraising events such as Croquet for a Cure and the HonorHealth Foundation Pro-Am to support community health initiatives and urgent healthcare needs, including donor engagement for clinical care and research.
  • Major gifts and philanthropic campaign leadership Hospital and Medical Facility Philanthropy
    Secures large-scale philanthropic contributions, including over $200 million in total support under major gifts leadership, with specific achievements such as securing $85 million for initiatives like the Bob Bové Neuroscience Institute and raising $91 million for system-wide mission advancement.
  • Philanthropic funding allocation for clinical care and patient support Hospital and Medical Facility Philanthropy
    Distributes donor-funded and unrestricted gifts to support patient care, family support services, and urgent healthcare needs across HonorHealth medical centers, including responses to public health crises like COVID-19.
  • Philanthropic funding allocation for healthcare programs Hospital and Medical Facility Philanthropy
    Allocates unrestricted gifts to meet immediate healthcare needs across HonorHealth, while managing restricted and endowed gifts to support donor-designated departments, programs, or initiatives with annual spending drawn from investment returns.
  • Support for clinical care, research, and social determinants of health
    Funds and implements programs that deliver clinical care, advance medical research, address social determinants of health, and provide support to patients and families in need, including urgent responses to public health crises like COVID-19.
research · 2
  • Research funding and innovation support
    Supports innovative medical research initiatives through donor funding, contributing to advancements in areas such as neuroscience and broader clinical innovation within the HonorHealth system.
  • Support for medical research and clinical innovation
    Provides donor-funded support for innovative research initiatives and advances clinical programs, including major investments such as the creation of the Bob Bové Neuroscience Institute.
capacity building · 4
  • Investment and endowment management for healthcare sustainability Endowment and Investment Fund Management
    Manages a portfolio of endowed and invested funds, including $342.8 million in total investments in 2024 with a 10.18% rate of return, to ensure long-term financial sustainability and ongoing support for donor-designated healthcare programs.
  • Management of restricted and endowed charitable funds Hospital and Medical Facility Philanthropy
    Holds and manages restricted gifts and endowed funds in investment accounts, releasing annual distributions (3%–5% of fund value) to support donor-designated departments, programs, and long-term healthcare initiatives within HonorHealth.
  • Support for HonorHealth medical centers and clinical innovation Healthcare Infrastructure and Research Support
    Provides financial and operational support to one or more of the nine HonorHealth medical centers, advancing clinical programs and investing in the future healthcare system through donor-funded initiatives and innovative research.
  • System-wide investment and financial stewardship Endowment and Investment Fund Management
    Manages a large-scale investment portfolio ($342.8 million in 2024) to ensure long-term financial sustainability and support for HonorHealth’s healthcare delivery system, achieving a 10.18% rate of return.
strategies · 11

how they think

Theories of action extracted from this org's own source material. Click any to see the full field of orgs running the same approach.

named programs · 5

what they call their work

Endowment Fund Program
Manages donor-established endowments that are professionally invested; annual spending (3–5%) supports designated programs in perpetuity
Major Gifts Program
Secures large-scale philanthropic support; under leadership of Senior Vice President of Major Gifts, has secured over $200 million including transformative gifts like the Bob Bové Neuroscience Institute
Restricted Support Program
Manages donor-restricted gifts totaling $51.4 million as of 2024, directing funds to specific departments or programs as designated
Unrestricted Giving Initiative
Directs flexible funding to urgent needs across HonorHealth, including emergency responses like the COVID-19 pandemic
Unrestricted Giving Program
Uses unrestricted donations to meet immediate HonorHealth needs, with $96.8 million in unrestricted funds as of 2024
relationships · 8

who they work with

  • Association for Healthcare Philanthropy Network — Recognized as a Top Performer and in the top 25 percent for net fundraising.
  • Better Business Bureau Government — Accredited as a charity following review of compliance with Standards of Accountability.
  • Charity Navigator Government — Recognized with a 100/100 Encompass Rating for transparency, efficiency, and leadership.
  • Charity Navigator Network — Rated HonorHealth Foundation with a 100/100 overall score, including perfect scores in Finance & Accountability and Leadership & Adaptability.
  • Guidestar Government — Awarded Platinum Seal of Transparency for full disclosure of fundraising and financial practices.
  • HonorHealth Partner — HonorHealth Foundation is wholly owned by HonorHealth and supports its mission through philanthropy.
  • HonorHealth Partner — Primary beneficiary of foundation fundraising, with funds supporting its mission of patient care and medical innovation.
  • Merrill Lynch Partner — Manages HonorHealth Foundation's investment portfolio under direction of the Board of Trustees