Banner Health Foundation

What Banner Health Foundation does

Banner Health Foundation is a 501(c)(3) nonprofit healthcare philanthropy organization (Tax ID: 94-2545356) headquartered in Phoenix, Arizona, operating as the philanthropic arm of Banner Health, the largest nonprofit healthcare system in Arizona. Founded in 2001, the foundation secures and stewards charitable gifts to support patient care programs, medical research, and community health services across Banner Health's network of hospitals and facilities in Arizona, Wyoming, and Northern Colorado. Banner Health cares for approximately one in four Arizonans, providing the foundation with unmatched regional reach for donor engagement.

The foundation's product portfolio spans eight clinical service areas — Banner Alzheimer's Institute, Banner Cardiovascular, Banner MD Anderson Cancer Center, Banner Neurosciences, Banner Orthopedics & Sports Medicine, Banner Children's, Banner – University Medicine Tucson, and Health Care Access & Quality — alongside giving vehicles such as the Planned Giving Center, Legacy Society, Banner Health Hero caregiver recognition program, and signature events including the Banner Ball gala and Banner Children's Open golf tournament. Its largest initiative is the $250 million "Be at the Heart of Health" campaign, which funds care, innovation and research, and talent across Banner's facilities. A wholly related entity, Banner Alzheimer's Foundation (Tax ID: 20-4862361), channels gifts specifically to Banner Alzheimer's Institute research and family support services.

The foundation's revenue model is donation philanthropy: cash and securities from individuals via direct mail, online portals, and events; planned giving through bequests and charitable trusts; corporate and family foundation grants (e.g., $5M James M. Cox Family Foundation in 2024, $3M T.W. Lewis Foundation in 2022); and event-based fundraising through galas and tournaments. Marketing is conducted via a multi-channel approach spanning digital (website, email newsletter, Facebook, Instagram, YouTube, LinkedIn), earned media in Arizona publications, and in-person events. The organization holds Charity Navigator Encompass recognition, GuideStar Platinum transparency status, and a 2021 AHP High Performer designation for healthcare philanthropy benchmarking.

Name

Banner Health Foundation

Legal name

Banner Health Foundation

Website

https://bannerhealthfoundation.org

Company type

Private

Founded year

2006

Operating status

Operating

Headcount range

11–50 employees

Short description

Banner Health Foundation is a Phoenix-based 501(c)(3) nonprofit that secures and stewards charitable gifts to support patient care, research, and community health programs across Banner Health's hospitals in Arizona, Wyoming, and Northern Colorado.

Ownership category

akta.pro rank

Product category

Healthcare Philanthropy

NAICS

Voluntary Health Organizations (813212), Grantmaking Foundations (813211)

SIC

Services-Social Services (8300), Services-Misc Health & Allied Services, Nec (8090)

akta.pro primary industry

Health & Medical Research Grantmaking Foundations (BPAGAKAL)

akta.pro secondary industries

Private Foundations (BPAGAKAA), Disease-Specific Research & Support (e.g., Cancer, Diabetes, ALS) (BPAGACAA), Chronic Disease & Health Promotion Program Funding (HLAJALAJ)

Keywords

• Healthcare philanthropy
• Charitable donations
• Planned giving
• Healthcare fundraising
• Nonprofit foundation

Headquarters

HQ city

Phoenix

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Marketing or Sales, Operations, Technology or R&D, Others

Revenue model

1. Charitable Donations: Individual donors contribute cash, securities, and other assets to support Banner Health's patient care programs, research initiatives, and community health services. Donations range from small individual gifts to major six-figure contributions.
2. Planned Giving: Bequests through wills or living trusts, retirement plan or life insurance beneficiary designations, charitable trusts, and charitable gift annuities provide future support for Banner Health programs. These legacy gifts represent commitments made today and realized after the donor's lifetime.
3. Special Events: Signature fundraising events including The Banner Ball gala and Banner Children's Open golf tournament generate revenue through ticket sales, sponsorships, and auction items. The Banner Ball celebrated its 10th year in 2025.
4. Foundation Grants: Grants from corporate foundations (Diane and Bruce Halle Foundation, T.W. Lewis Foundation, James M. Cox Family Foundation) support specific healthcare programs, research initiatives, and community health projects.

Go-to-market motion1 record

Distribution channels4 records

Marketing channels8 records

Core offering

Banner Health Foundation secures and stewards charitable gifts from individuals, corporations, and other foundations to fund patient care programs, medical research, and community health services operated by Banner Health's hospitals and facilities across Arizona, Wyoming, and Northern Colorado. It funds eight major clinical service areas (Alzheimer's, cardiovascular, cancer, neurosciences, orthopedics, pediatrics, university medicine, and community access) through philanthropic giving, planned giving, signature events, and foundation grants.

Product overview

Banner Health Foundation is a nonprofit healthcare philanthropy organization that secures and stewards charitable gifts to support patient care programs across Banner Health's hospitals and facilities. The organization operates as a unified platform consisting of the Banner Health Foundation and Banner Alzheimer's Foundation, supporting multiple clinical service lines and programs. The core product portfolio includes eight major healthcare service areas: Banner Alzheimer's Institute, Banner Cardiovascular, Banner MD Anderson Cancer Center, Banner Neurosciences (Brain & Spine), Banner Orthopedics & Sports Medicine, Banner Children's, Banner University Medicine Tucson, and Health Care Access & Quality. Supporting modules include planned giving programs, the Banner Health Hero recognition initiative, signature fundraising events (Banner Ball, Banner Children's Open), workforce development programs (HEAL, Project SEARCH), and the $250 million 'Be at the Heart of Health' campaign. The foundation also manages the Mobile Health Clinic for community outreach.

Differentiator

Problem solved

Functional benefit

Brands

• Banner Alzheimer's Institute: World leader in scientific and clinical fight against Alzheimer's and related diseases, providing comprehensive care, clinical trials, and prevention research
• Banner MD Anderson Cancer Center
• Banner Neurosciences
• Banner Cardiovascular
• Banner Orthopedics & Sports Medicine
• Banner Children's
• Banner – University Medicine Tucson
• Health Care Access & Quality

Products and services

• Banner Alzheimer's Foundation Secures and stewards charitable gifts to advance the mission of Banner Alzheimer's Institute, including groundbreaking research initiatives, pioneering prevention studies, family outreach, counseling and support services.
• Banner Alzheimer's Institute Provides comprehensive care for Alzheimer's and dementia patients, offering state-of-the-art diagnostic evaluations, clinical trials, education, outreach, and support programs for caregivers.
• Banner MD Anderson Cancer Center Cancer research and treatment center providing cutting-edge technology, a multidisciplinary approach, and clinical trials based on MD Anderson protocols.
• T.W. Lewis Melanoma Center of Excellence Specialized melanoma treatment center dedicated to prevention, treatment, and research of melanoma. Has treated over 3,800 new patients over nine years.
• Banner Children's Blood & Cancer Center Comprehensive care facility for children and young adults up to age 19 with blood disorders or cancer.
• Banner Cardiovascular Comprehensive cardiovascular care program offering advanced cardiac diagnostic imaging, structural heart care, heart failure and transplant services, vascular care, and rhythm disorder treatment.
• Banner Neurosciences (Brain & Spine) Advanced neurosciences care encompassing neurology, neurosurgery, and spine care, providing treatment for stroke, epilepsy, multiple sclerosis, brain tumors, and comprehensive spine disorders.
• Banner Orthopedics & Sports Medicine Comprehensive sports medicine services including primary care sports medicine physicians, orthopedic surgeons, athletic trainers, physical therapists, concussion specialists, and physician assistants.
• Banner Children's Pediatric care services including comprehensive health, wellness, and specialized care for chronic and rare conditions at dedicated pediatric facilities.
• Banner – University Medicine Tucson Academic medical center services in Southern Arizona including Level I Trauma Center, Burn Center, and partnership with University of Arizona for medical education and research.
• Health Care Access & Quality Community health programs and subsidized services that expand access to care, including primary care, urgent care, imaging, physical therapy, pharmacies, surgery, and in-patient hospitals.
• Be at the Heart of Health Campaign A $250 million comprehensive fundraising campaign investing in Care, Innovation & Research, and Talent across Banner Health facilities in Arizona and the Mountain West.
• Planned Giving and Legacy Society Legacy giving options including bequests through wills or living trusts, retirement plan or life insurance beneficiary designations, charitable trusts, and charitable gift annuities, with the Legacy Society recognizing donors who have included Banner Health in their estate plans.
• Banner Health Hero (Gifts of Gratitude) Recognition program allowing donors to honor exceptional caregivers by sharing stories of gratitude and making donations in their name to advance medicine and patient care.
• Banner Ball (Signature Annual Gala) Annual signature fundraising gala held at the Arizona Biltmore Resort & Spa benefiting Banner MD Anderson Cancer Center, generating revenue through ticket sales, sponsorships, and auction items.
• Banner Children's Open (Annual Golf Tournament) Annual charity golf tournament supporting the Child Life program, raising funds through team entries, sponsorships, and auction items.
• Mobile Health Clinic Program that delivers essential healthcare services directly to underserved communities via a mobile clinic, supported by donations including a $25,000 gift from Lerner & Rowe Gives Back in 2026.

Quantifiable outcome

• Banner Health cares for one in four Arizonans
• +2 more outcomes

Named customers4 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability4 records

Partnerships

Six partnerships are on record, tiered core and minor.

• Lerner & Rowe Gives BackcoreGTM or Marketing PartnerHosts annual charity golf tournament at McCormick Ranch Golf Club that has consistently raised more than $1 million annually for Arizona nonprofits. The 2026 event featured a $25,000 donation to Banner Health Foundation's Mobile Health Clinic.
• Children's Cancer NetworkminorStrategic or Co-development PartnerPartnered with Banner Children's Pediatric Cancer Survivors Day event, providing resources and support to pediatric cancer families.
• Armer Foundation for ChildrenminorStrategic or Co-development PartnerParticipated in Banner Children's Pediatric Cancer Survivors Day event providing family support services.
• Hope KidsminorStrategic or Co-development PartnerPartnered with Banner Children's Pediatric Cancer Survivors Day event supporting families of children with serious illnesses.
• Cox CommunicationsminorStrategic or Co-development PartnerCorporate volunteers participated in Banner Children's Pediatric Cancer Survivors Day celebration, reflecting their commitment to pediatric cancer care.
• Project SEARCHcoreStrategic or Co-development PartnerInternational internship program serving neurodiverse young adults. Banner Health has partnered with Project SEARCH since 2020, hosting 9-12 month school-to-work internship programs at medical facilities to prepare young adults with intellectual and developmental disabilities for competitive employment. Nearly half of graduates accept employment at Banner.

Scale indicators11 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Cleveland Clinic Philanthropy Institute: Fundraising arm of Cleveland Clinic, a top-tier multi-specialty nonprofit health system. Highly comparable multi-state hospital system philanthropy model with major-gift, planned giving, and signature events programs.
• Mayo Clinic Development (Philanthropy): Philanthropic arm of Mayo Clinic, one of the nation's largest nonprofit healthcare systems. Directly comparable as a hospital-affiliated foundation raising charitable gifts for patient care, research, and education across multiple specialty centers.
• Massachusetts General Hospital Development Office: Fundraising arm of Mass General Brigham. Comparable as a large academic nonprofit hospital philanthropy operation funding patient care, research, and teaching across multiple specialty areas including neurosciences and cancer.
• Cedars-Sinai Foundation: Philanthropic foundation supporting Cedars-Sinai Medical Center in Los Angeles. Comparable nonprofit hospital philanthropy across cardiology, cancer, neurosciences, and women's health with strong individual donor and planned giving programs.
• Memorial Sloan Kettering Cancer Center (Giving): Philanthropy program for MSK, the world's oldest and largest private cancer center. Comparable in funding disease-specific clinical care, cancer research, and prevention studies with high-net-worth individual donor base.
• UCSF Health Foundation: Philanthropic foundation supporting UCSF Health, a major academic medical center. Comparable in raising funds for patient care, medical research, and education across multiple specialty programs.
• MD Anderson Cancer Center (Giving): Philanthropic arm of MD Anderson, Banner's partner institution. Directly comparable as it raises funds for cancer patient care, research, and prevention; partnership enables donor sharing with Banner MD Anderson.

Broad incumbents

• CommonSpirit Health Foundation: Philanthropy arm of CommonSpirit Health, one of the largest nonprofit health systems in the U.S. Comparable multi-state health system foundation, though much broader and less regionally focused than Banner Health Foundation.

Others

• Banner Alzheimer's Foundation: Related entity (wholly owned subsidiary) of Banner Health Foundation, focused specifically on Alzheimer's research and prevention. Comparable as a sibling disease-specific grantmaking entity and signals Banner's strategic emphasis on Alzheimer's fundraising.

Regional players

• Intermountain Health Foundation: Philanthropic arm of Intermountain Health, a large nonprofit health system serving the Mountain West region. Comparable in geography (Utah/Idaho/Nevada overlap with Banner's Mountain West footprint) and focus on community health and workforce development.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• YouTubeyoutube.com/user/bannerhealthonline
• Facebookfacebook.com/BannerPhilanthropy
• LinkedInlinkedin.com/company/banner-health-foundation-banner-alzheimer%E2%80%99s-foundation
• Instagraminstagram.com/bannerphilanthropy

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Subsidiaries1 record

Funding overview

Funding rounds4 records

Investors4 records

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M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Banner Health Foundation