Advancium Health Network Inc
SEE SCHEDULE O
Financial Overview
From 2024 IRS Form 990-PF
Total Assets
$4.8M
-73.4% YoY
Annual Giving
$1.9M
+78.8% YoY
Grant Count
8
+300.0% YoY
Avg Grant Size
$235K
-55.3% YoY
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Financial History
Multi-year comparison from IRS filings
Revenue
Expenses
Qualifying Distributions
Net Investment Income
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $4,785,014 | $17,991,568 | $417,585 |
| Revenue | $1,082,418 | $16,967,337 | $3,430,074 |
| Expenses | $7,138,898 | $5,300,994 | $3,086,977 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $-12,614,434 | $1,015 | $74 |
| 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 8 recipients in 2024
Grant Size Distribution
12 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Who else does Advancium Health Network Inc fund?
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Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| MARK VEICH | PRESIDENT | 40 | — |
| OLIVIER ELEMENTO | SECRETARY | 1 | — |
| JEFFREY KAPLAN TO 424 | TREASURER | 1 | — |
| GARY BREWSTER AS OF 424 | DIRECTOR | 1 | — |
| MICHELE CLEARY DIR TO 524 | CHIEF SCIENTIFIC OFFICER (AS OF 6/24) | 40 | $327,670 |
| YUNG LIE AS OF 624 | DIRECTOR | 1 | — |
| RON MITCHELL | DIRECTOR | 1 | — |
| LAURIE ZEPHYRIN | DIRECTOR | 1 | — |
| SHAWN DAVIS TO 224 | SVP & COO | 40 | $246,644 |
| LINDSEY REYNOLDS | DIRECTOR, FINANCE | 40 | $267,949 |
| EMMA MORAN EVANS | DIRECTOR, COBICURE MED TECH | 40 | $271,338 |
| MAUREEN REYES | DIRECTOR, STRATEGY & OPS | 40 | $291,194 |
| ROBERT OLAN | VP BUSINESS DEVELOPMENT | 40 | $254,008 |
| JYOTI PATEL | DIRECTOR BUSINESS OPS & MARKETING | 40 | $215,354 |
Geographic Focus
Where this funder has awarded grants
Grant Distribution by State
Texas $1.9M (44%)
Massachusetts $1.3M (31%)
Pennsylvania $519K (12%)
Illinois $130K (3%)
Ohio $130K (3%)
District of Columbia $129K (3%)
California $118K (3%)
New York $47K (1%)
Cities
AndoverChicagoColumbusHoustonNew YorkPhiladelphiaRedwood CityWashington Dc
Data last updated March 2026. Sourced from IRS Form 990-PF filings.
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