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EIN 23-7324576

Healthcare Initiative Foundation (HIF)

IRS 501(c) type
501(c)(3)
Num. employees
3
City
Germantown
State
Maryland
Year formed
1973
Most recent tax filings
2023-06-01
NTEE code, primary
T20: Private Foundations
Description
The Healthcare Initiative Foundation supports organizations that offer solutions to improve the quality and delivery of healthcare for residents of Montgomery County, MD.
Total revenues
$1,190,126
2023
Total expenses
$1,819,200
2023
Total assets
$29,697,212
2023
Num. employees
3
2023

Program areas at HIF

Administrative services were provided to distribute grants

Grants made by HIF

GranteeGrant descriptionAmount
Manna Food CenterAdvance Purchasing Pilot$50,000
WUMCO HelpWestern County Health Care Access Improvement Initiative$40,000
Chinese Culture and Community Service Center (CCACC)Integrated Chronic Care Management for Underserved Senior Asian Immigrant Populations (Iccm)$40,000
...and 56 more grants made totalling $986,000

Personnel at HIF

NameTitleCompensation
Crystal TownsendPresident and Chief Executive Officer$209,611
Lynn ArndtInterim Executive Director
Elissa Malter SchwartzDirector of Grants and Community Impact
Jessica FuchsMarketing and Communications$100,086
George DinesPast Treasurer$0

Financials for HIF

RevenuesFYE 06/2023
Total grants, contributions, etc.$0
Investment income and dividends$801,384
Net rental income$0
Net gain from sale of non-inventory assets$387,712
Gross sales of inventory$0
Miscellaneous revenues$1,030
Total revenues$1,190,126

Form 990s for HIF

Fiscal year endingDate received by IRSFormPDF link
2023-062024-03-12990PFView PDF
2022-062023-05-11990PFView PDF
2021-062022-07-18990PFView PDF
2020-062021-06-17990PFView PDF
2019-062020-08-21990PRView PDF
...and 10 more Form 990s
Data update history
May 21, 2024
Updated personnel
Identified 1 new personnel
July 8, 2023
Posted financials
Added Form 990PF for fiscal year 2022
June 30, 2023
Updated personnel
Identified 1 new personnel
June 27, 2023
Used new vendors
Identified 1 new vendor, including
February 3, 2023
Posted financials
Added Form 990PF for fiscal year 2021
Nonprofit Types
Grantmaking organizationsPrivate foundationsPrivate non-operating foundationsCharities
Issues
Health
Characteristics
Provides grantsPartially liquidatedState / local levelTax deductible donationsAccepts online donations
General information
Address
12850 Middlebrook Rd 400
Germantown, MD 20874
Metro area
Washington-Arlington-Alexandria, DC-VA-MD-WV
County
Montgomery County, MD
Website URL
hifmc.org/ 
Phone
(301) 907-9144
Facebook page
hifmc 
IRS details
EIN
23-7324576
Fiscal year end
June
Taxreturn type
Form 990-PF
Year formed
1973
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
T20: Private Foundations
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
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