IVI FOUNDATION INC: Form 990, tax year 2021

View the entire original 990 at ProPublica ↗

Organization: IVI FOUNDATION INC (EIN 83-2257857)
Tax period: 2021-01-01 to 2021-12-31
Filed: 2022-04-21
IRS object ID: 202211119349301276
Schema version: 2021v4.2
Source: Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header
Form 990
Schedule A
Schedule B
Schedule D
Schedule L
Schedule O

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2022-04-21T16:13:06-05:00	ReturnTs
Tax Period End	2021-12-31	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	541342298	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	Kositzka Wicks and Company	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	5270 Shawnee Road Suite 250	AddressLine1Txt
City	Alexandria	CityNm
State Abbreviation	VA	StateAbbreviationCd
ZIP	22312	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990	ReturnTypeCd
Tax Period Begin	2021-01-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	832257857	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	IVI Foundation Inc	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Business Name Control	IVIF	BusinessNameControlTxt
Phone	7633702941	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	917 Prince Street	AddressLine1Txt
City	Alexandria	CityNm
State Abbreviation	VA	StateAbbreviationCd
ZIP	22314	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	Jennifer Bright	PersonNm
Person Title	Executive Director	PersonTitleTxt
Phone	7036280534	PhoneNum
Signature	2022-04-19	SignatureDt
Discuss With Paid Preparer	Yes (1)	DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

Field	Value	IRS element (for citing)
Person First	Jennifer	PersonFirstNm
Person Last	Bright	PersonLastNm

Field	Value	IRS element (for citing)
SSN	XXX-XX-XXXX	SSN

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	Jennica Jardine Whitfield CPA	PreparerPersonNm
PTIN	P01379267	PTIN
Phone	7036422700	PhoneNum

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

Field	Value	IRS element (for citing)
Trusted Customer	3	TrustedCustomerCd
Authentication Assurance Level	AAL1	AuthenticationAssuranceLevelCd
Identity Assurance Level	IAL1	IdentityAssuranceLevelCd

Field	Value	IRS element (for citing)
Tax	2021	TaxYr
Build TS	2022-09-23 18:48:47Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Principal Officer	Jennifer Bright	PrincipalOfficerNm

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	917 Prince Street	AddressLine1Txt
City	Alexandria	CityNm
State Abbreviation	VA	StateAbbreviationCd
ZIP	22314	ZIPCd

Field	Value	IRS element (for citing)
Gross Receipts	$1,664,291	GrossReceiptsAmt
Group Return For Affiliates	0	GroupReturnForAffiliatesInd
Organization501c3	Yes (X)	Organization501c3Ind
Website Address	www.ivifoundation.org	WebsiteAddressTxt
Type Of Organization Corp	Yes (X)	TypeOfOrganizationCorpInd
Formation	2019	FormationYr
Legal Domicile State	DE	LegalDomicileStateCd
Activity Or Mission	The Foundation's mission is to advance the science and improve the practice of value assessment in healthcare.	ActivityOrMissionDesc
Voting Members Governing Body	9	VotingMembersGoverningBodyCnt
Voting Members Independent	9	VotingMembersIndependentCnt
Total Employee	4	TotalEmployeeCnt
Total Volunteers	0	TotalVolunteersCnt
Total Gross UBI	$0	TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm	$0	NetUnrelatedBusTxblIncmAmt
PY Contributions Grants	$3,256,150	PYContributionsGrantsAmt
CY Contributions Grants	$1,588,705	CYContributionsGrantsAmt
PY Program Service Revenue	$30,275	PYProgramServiceRevenueAmt
CY Program Service Revenue	$75,000	CYProgramServiceRevenueAmt
PY Investment Income	$3,612	PYInvestmentIncomeAmt
CY Investment Income	$586	CYInvestmentIncomeAmt
PY Other Revenue	$0	PYOtherRevenueAmt
CY Other Revenue	$0	CYOtherRevenueAmt
PY Total Revenue	$3,290,037	PYTotalRevenueAmt
CY Total Revenue	$1,664,291	CYTotalRevenueAmt
PY Grants And Similar Paid	$0	PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid	$0	CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members	$0	PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members	$0	CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid	$38,951	PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid	$501,222	CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns	$0	PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns	$0	CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense	$41,711	CYTotalFundraisingExpenseAmt
PY Other Expenses	$1,641,762	PYOtherExpensesAmt
CY Other Expenses	$1,757,292	CYOtherExpensesAmt
PY Total Expenses	$1,680,713	PYTotalExpensesAmt
CY Total Expenses	$2,258,514	CYTotalExpensesAmt
PY Revenues Less Expenses	$1,609,324	PYRevenuesLessExpensesAmt
CY Revenues Less Expenses	-$594,223	CYRevenuesLessExpensesAmt
Total Assets BOY	$2,641,128	TotalAssetsBOYAmt
Total Assets EOY	$2,038,987	TotalAssetsEOYAmt
Total Liabilities BOY	$87,654	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$79,736	TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY	$2,553,474	NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY	$1,959,251	NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part III	Yes (X)	InfoInScheduleOPartIIIInd
Mission	The Foundation's mission is to advance the science and improve the practice of value assessment in healthcare. The Foundation's goal is to build a platform that facilitates robust and rigorous patient-centered value assessment of health technologies tailored to the needs and interests of individual decision makers.	MissionDesc
Significant New Program Srvc	0	SignificantNewProgramSrvcInd
Significant Change	0	SignificantChangeInd
Expense	$1,408,358	ExpenseAmt
Revenue	$75,000	RevenueAmt
Desc	Research Projects - The Foundation develops open-source value models for specific diseases as a laboratory for developing next-generation methods for value assessment.	Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

Field	Value	IRS element (for citing)
Expense	$167,252	ExpenseAmt
Desc	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.	Desc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

Field	Value	IRS element (for citing)
Expense	$441,457	ExpenseAmt
Desc	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	Desc

Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp

Field	Value	IRS element (for citing)
Expense	$21,666	ExpenseAmt
Desc	Membership	Desc

Field	Value	IRS element (for citing)
Total Other Prog Srvc Expense	$21,666	TotalOtherProgSrvcExpenseAmt
Total Program Service Expenses	$2,038,733	TotalProgramServiceExpensesAmt
Described In Section501c3	Yes (1)	DescribedInSection501c3Ind
Schedule B Required	Yes (1)	ScheduleBRequiredInd
Political Campaign Acty	0	PoliticalCampaignActyInd
Lobbying Activities	0	LobbyingActivitiesInd
Subject To Proxy Tax	0	SubjectToProxyTaxInd
Donor Advised Fund	0	DonorAdvisedFundInd
Conservation Easements	0	ConservationEasementsInd
Collections Of Art	0	CollectionsOfArtInd
Credit Counseling	0	CreditCounselingInd
Donor Rstr Or Quasi Endowments	0	DonorRstrOrQuasiEndowmentsInd
Report Land Building Equipment	0	ReportLandBuildingEquipmentInd
Report Investments Other Sec	0	ReportInvestmentsOtherSecInd
Report Program Related Invst	0	ReportProgramRelatedInvstInd
Report Other Assets	0	ReportOtherAssetsInd
Report Other Liabilities	0	ReportOtherLiabilitiesInd
Include FIN48 Footnote	Yes (1)	IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt	Yes (1)	IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt	0	ConsolidatedAuditFinclStmtInd
School Operating	0	SchoolOperatingInd
Foreign Office	0	ForeignOfficeInd
Foreign Activities	0	ForeignActivitiesInd
More Than5000 K To Org	0	MoreThan5000KToOrgInd
More Than5000 K To Individuals	0	MoreThan5000KToIndividualsInd
Professional Fundraising	0	ProfessionalFundraisingInd
Fundraising Activities	0	FundraisingActivitiesInd
Gaming Activities	0	GamingActivitiesInd
Operate Hospital	0	OperateHospitalInd
Grants To Organizations	0	GrantsToOrganizationsInd
Grants To Individuals	0	GrantsToIndividualsInd
Schedule J Required	0	ScheduleJRequiredInd
Tax Exempt Bonds	0	TaxExemptBondsInd
Engaged In Excess Benefit Trans	0	EngagedInExcessBenefitTransInd
PY Excess Benefit Trans	0	PYExcessBenefitTransInd
Loan Outstanding	0	LoanOutstandingInd
Grant To Related Person	0	GrantToRelatedPersonInd
Business Rln With Org Mem	0	BusinessRlnWithOrgMemInd
Business Rln With Fam Mem	0	BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent	Yes (1)	BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri	0	DeductibleNonCashContriInd
Deductible Art Contribution	0	DeductibleArtContributionInd
Terminate Operations	0	TerminateOperationsInd
Partial Liquidation	0	PartialLiquidationInd
Disregarded Entity	0	DisregardedEntityInd
Related Entity	0	RelatedEntityInd
Related Organization Ctrl Ent	0	RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org	0	TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp	0	ActivitiesConductedPrtshpInd
Schedule O Required	Yes (1)	ScheduleORequiredInd
IRP Document	16	IRPDocumentCnt
IRP Document W2 G	0	IRPDocumentW2GCnt
Backup Wthld Compliance	Yes (1)	BackupWthldComplianceInd
Employee	4	EmployeeCnt
Employment Tax Returns Filed	Yes (1)	EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit	0	UnrelatedBusIncmOverLimitInd
Foreign Financial Account	0	ForeignFinancialAccountInd
Prohibited Tax Shelter Trans	0	ProhibitedTaxShelterTransInd
Taxable Party Notification	0	TaxablePartyNotificationInd
Nondeductible Contributions	0	NondeductibleContributionsInd
Quid Pro Quo Contributions	0	QuidProQuoContributionsInd
Form8282 Property Disposed Of	0	Form8282PropertyDisposedOfInd
Indoor Tanning Services	0	IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt	0	SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc	0	SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VI	Yes (X)	InfoInScheduleOPartVIInd
Governing Body Voting Members	9	GoverningBodyVotingMembersCnt
Independent Voting Member	9	IndependentVotingMemberCnt
Family Or Business Rln	0	FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties	Yes (1)	DelegationOfMgmtDutiesInd
Change To Org Documents	0	ChangeToOrgDocumentsInd
Material Diversion Or Misuse	0	MaterialDiversionOrMisuseInd
Members Or Stockholders	Yes (1)	MembersOrStockholdersInd
Election Of Board Members	Yes (1)	ElectionOfBoardMembersInd
Decisions Subject To Approva	0	DecisionsSubjectToApprovaInd
Minutes Of Governing Body	Yes (1)	MinutesOfGoverningBodyInd
Minutes Of Committees	Yes (1)	MinutesOfCommitteesInd
Officer Mailing Address	0	OfficerMailingAddressInd
Local Chapters	0	LocalChaptersInd
Form990 Provided To Gvrn Body	Yes (1)	Form990ProvidedToGvrnBodyInd
Conflict Of Interest Policy	Yes (1)	ConflictOfInterestPolicyInd
Annual Disclosure Covered Prsn	Yes (1)	AnnualDisclosureCoveredPrsnInd
Regular Monitoring Enfrc	Yes (1)	RegularMonitoringEnfrcInd
Whistleblower Policy	0	WhistleblowerPolicyInd
Document Retention Policy	0	DocumentRetentionPolicyInd
Compensation Process CEO	0	CompensationProcessCEOInd
Compensation Process Other	0	CompensationProcessOtherInd
Investment In Joint Venture	0	InvestmentInJointVentureInd
Upon Request	Yes (X)	UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	The Organization	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Phone	7633702941	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	917 Prince Street	AddressLine1Txt
City	Alexandria	CityNm
State Abbreviation	VA	StateAbbreviationCd
ZIP	22314	ZIPCd

Field	Value	IRS element (for citing)
No Listed Persons Compensated	Yes (X)	NoListedPersonsCompensatedInd

Form990 Part VII Section A Form990PartVIISectionAGrp (9 entries)

TitleTitleTxt	Average Hours Per WeekAverageHoursPerWeekRt	Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd	OfficerOfficerInd	Reportable Comp From OrgReportableCompFromOrgAmt	Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt	Other CompensationOtherCompensationAmt
Samuel Nussbaum MD
President	1.00	Yes (X)	Yes (X)	$0	$0	$0
Alan Balch PhD
Secretary	1.00	Yes (X)	Yes (X)	$0	$0	$0
Andrea Marsca
Director	1.00	Yes (X)		$0	$0	$0
Donna Cryer
Director	1.00	Yes (X)		$0	$0	$0
Gregory Daniel
Director	1.00	Yes (X)		$0	$0	$0
Michael Thompson
Director	1.00	Yes (X)		$0	$0	$0
Neil Weissman
Director	1.00	Yes (X)		$0	$0	$0
Patty Fritz
Director	1.00	Yes (X)		$0	$0	$0
Jennifer Bright
Executive Director	40.00		Yes (X)	$0	$0	$0

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	$0	TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org	$0	TotReportableCompRltdOrgAmt
Total Other Compensation	$0	TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K	0	IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed	0	FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K	0	TotalCompGreaterThan150KInd
Compensation From Other Srcs	0	CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (5 entries)

Address Line1ContractorAddress/USAddress/AddressLine1Txt	CityContractorAddress/USAddress/CityNm	State AbbreviationContractorAddress/USAddress/StateAbbreviationCd	ZIPContractorAddress/USAddress/ZIPCd	ServicesServicesDesc	CompensationCompensationAmt
Momentum Health Strategies LLC
917 Prince Street	Alexandria	VA	22314	Management services	$747,083
Rand Corporation
PO Box 2138	Santa Monica	CA	90407	Research	$233,885
National Health Council Inc
1730 M St NW 500	Wasington	DC	20036	Research	$180,824
Schmidt Public Affairs LLC
917 Prince Street	Alexandria	VA	22314	Public Relations	$165,604
HealthCore Inc
123 Justison St Suite 200	Wilmington	DE	19801	Research	$141,476

Field	Value	IRS element (for citing)
Cntrct Rcvd Greater Than100 K	6	CntrctRcvdGreaterThan100KCnt
Government Grants	$56,405	GovernmentGrantsAmt
All Other Contributions	$1,532,300	AllOtherContributionsAmt
Total Contributions	$1,588,705	TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp

Field	Value	IRS element (for citing)
Desc	Program grants	Desc
Business	541700	BusinessCd
Total Revenue Column	$75,000	TotalRevenueColumnAmt
Related Or Exempt Func Income	$75,000	RelatedOrExemptFuncIncomeAmt

Field	Value	IRS element (for citing)
Total Program Service Revenue	$75,000	TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$586	TotalRevenueColumnAmt
Exclusion	$586	ExclusionAmt

Total Revenue TotalRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$1,664,291	TotalRevenueColumnAmt
Related Or Exempt Func Income	$75,000	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	$0	UnrelatedBusinessRevenueAmt
Exclusion	$586	ExclusionAmt

Field	Value	IRS element (for citing)
Info In Schedule O Part IX	Yes (X)	InfoInScheduleOPartIXInd

Other Salaries And Wages OtherSalariesAndWagesGrp

Field	Value	IRS element (for citing)
Total	$389,043	TotalAmt
Program Services	$360,951	ProgramServicesAmt
Management And General	$23,306	ManagementAndGeneralAmt
Fundraising	$4,786	FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

Field	Value	IRS element (for citing)
Total	$9,863	TotalAmt
Program Services	$9,151	ProgramServicesAmt
Management And General	$591	ManagementAndGeneralAmt
Fundraising	$121	FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

Field	Value	IRS element (for citing)
Total	$61,537	TotalAmt
Program Services	$57,094	ProgramServicesAmt
Management And General	$3,686	ManagementAndGeneralAmt
Fundraising	$757	FundraisingAmt

Payroll Taxes PayrollTaxesGrp

Field	Value	IRS element (for citing)
Total	$40,779	TotalAmt
Program Services	$37,834	ProgramServicesAmt
Management And General	$2,443	ManagementAndGeneralAmt
Fundraising	$502	FundraisingAmt

Fees For Services Management FeesForServicesManagementGrp

Field	Value	IRS element (for citing)
Total	$696,000	TotalAmt
Program Services	$529,687	ProgramServicesAmt
Management And General	$131,708	ManagementAndGeneralAmt
Fundraising	$34,605	FundraisingAmt

Fees For Services Legal FeesForServicesLegalGrp

Field	Value	IRS element (for citing)
Total	$6,778	TotalAmt
Program Services	$5,497	ProgramServicesAmt
Management And General	$1,208	ManagementAndGeneralAmt
Fundraising	$73	FundraisingAmt

Fees For Services Accounting FeesForServicesAccountingGrp

Field	Value	IRS element (for citing)
Total	$30,120	TotalAmt
Program Services	$24,429	ProgramServicesAmt
Management And General	$5,367	ManagementAndGeneralAmt
Fundraising	$324	FundraisingAmt

Fees For Services Other FeesForServicesOtherGrp

Field	Value	IRS element (for citing)
Total	$962,988	TotalAmt
Program Services	$956,692	ProgramServicesAmt
Management And General	$5,938	ManagementAndGeneralAmt
Fundraising	$358	FundraisingAmt

Office Expenses OfficeExpensesGrp

Field	Value	IRS element (for citing)
Total	$38,065	TotalAmt
Program Services	$35,072	ProgramServicesAmt
Management And General	$2,866	ManagementAndGeneralAmt
Fundraising	$127	FundraisingAmt

Information Technology InformationTechnologyGrp

Field	Value	IRS element (for citing)
Total	$16,444	TotalAmt
Program Services	$16,444	ProgramServicesAmt

Occupancy OccupancyGrp

Field	Value	IRS element (for citing)
Total	$3,000	TotalAmt
Program Services	$2,433	ProgramServicesAmt
Management And General	$535	ManagementAndGeneralAmt
Fundraising	$32	FundraisingAmt

Conferences Meetings ConferencesMeetingsGrp

Field	Value	IRS element (for citing)
Total	$1,526	TotalAmt
Program Services	$1,526	ProgramServicesAmt

Insurance InsuranceGrp

Field	Value	IRS element (for citing)
Total	$2,371	TotalAmt
Program Services	$1,923	ProgramServicesAmt
Management And General	$422	ManagementAndGeneralAmt
Fundraising	$26	FundraisingAmt

Total Functional Expenses TotalFunctionalExpensesGrp

Field	Value	IRS element (for citing)
Total	$2,258,514	TotalAmt
Program Services	$2,038,733	ProgramServicesAmt
Management And General	$178,070	ManagementAndGeneralAmt
Fundraising	$41,711	FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

Field	Value	IRS element (for citing)
BOY	$1,610,542	BOYAmt
EOY	$1,245,029	EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

Field	Value	IRS element (for citing)
BOY	$1,003,612	BOYAmt
EOY	$734,684	EOYAmt

Accounts Receivable AccountsReceivableGrp

Field	Value	IRS element (for citing)
BOY	$25,000	BOYAmt
EOY	$56,150	EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

Field	Value	IRS element (for citing)
BOY	$1,974	BOYAmt
EOY	$3,124	EOYAmt

Total Assets TotalAssetsGrp

Field	Value	IRS element (for citing)
BOY	$2,641,128	BOYAmt
EOY	$2,038,987	EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

Field	Value	IRS element (for citing)
BOY	$87,654	BOYAmt
EOY	$29,736	EOYAmt

Deferred Revenue DeferredRevenueGrp

Field	Value	IRS element (for citing)
EOY	$50,000	EOYAmt

Total Liabilities TotalLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$87,654	BOYAmt
EOY	$79,736	EOYAmt

Field	Value	IRS element (for citing)
Organization Follows FASB117	Yes (X)	OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

Field	Value	IRS element (for citing)
BOY	$1,700,074	BOYAmt
EOY	$1,723,701	EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

Field	Value	IRS element (for citing)
BOY	$853,400	BOYAmt
EOY	$235,550	EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$2,553,474	BOYAmt
EOY	$1,959,251	EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$2,641,128	BOYAmt
EOY	$2,038,987	EOYAmt

Field	Value	IRS element (for citing)
Reconcilation Revenue Expnss	-$594,223	ReconcilationRevenueExpnssAmt
Other Changes In Net Assets	$0	OtherChangesInNetAssetsAmt
Info In Schedule O Part XII	Yes (X)	InfoInScheduleOPartXIIInd
Method Of Accounting Accrual	Yes (X)	MethodOfAccountingAccrualInd
Accountant Compile Or Review	0	AccountantCompileOrReviewInd
FS Audited	Yes (1)	FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

Field	Value	IRS element (for citing)
Separate Basis Fincl Stmt	Yes (X)	SeparateBasisFinclStmtInd

Field	Value	IRS element (for citing)
Audit Committee	Yes (1)	AuditCommitteeInd
Federal Grant Audit Required	0	FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

Field	Value	IRS element (for citing)
Publicly Supported Org509a2	Yes (X)	PubliclySupportedOrg509a2Ind

Gifts Grants Contris Rcvd509 GiftsGrantsContrisRcvd509Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus2 Years	$2,404,391	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$3,256,150	CurrentTaxYearMinus1YearAmt
Current Tax Year	$1,588,705	CurrentTaxYearAmt
Total	$7,249,246	TotalAmt

Gross Receipts Admissions GrossReceiptsAdmissionsGrp

Field	Value	IRS element (for citing)
Current Tax Year Minus2 Years	$30,000	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$30,275	CurrentTaxYearMinus1YearAmt
Current Tax Year	$75,000	CurrentTaxYearAmt
Total	$135,275	TotalAmt

Total509 Total509Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus2 Years	$2,434,391	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$3,286,425	CurrentTaxYearMinus1YearAmt
Current Tax Year	$1,663,705	CurrentTaxYearAmt
Total	$7,384,521	TotalAmt

Amounts Rcvd Dsqlfy Person AmountsRcvdDsqlfyPersonGrp

Field	Value	IRS element (for citing)
Current Tax Year Minus2 Years	$1,945,204	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$3,125,000	CurrentTaxYearMinus1YearAmt
Current Tax Year	$1,275,000	CurrentTaxYearAmt
Total	$6,345,204	TotalAmt

Substantial Contributors Amt SubstantialContributorsAmtGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Subst And Dsqlfy Prsns Tot SubstAndDsqlfyPrsnsTotGrp

Field	Value	IRS element (for citing)
Current Tax Year Minus2 Years	$1,945,204	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$3,125,000	CurrentTaxYearMinus1YearAmt
Current Tax Year	$1,275,000	CurrentTaxYearAmt
Total	$6,345,204	TotalAmt

Field	Value	IRS element (for citing)
Public Support Total509	$1,039,317	PublicSupportTotal509Amt

Gross Investment Income509 GrossInvestmentIncome509Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus1 Year	$3,612	CurrentTaxYearMinus1YearAmt
Current Tax Year	$586	CurrentTaxYearAmt
Total	$4,198	TotalAmt

Investment Income And UBTI InvestmentIncomeAndUBTIGrp

Field	Value	IRS element (for citing)
Current Tax Year Minus1 Year	$3,612	CurrentTaxYearMinus1YearAmt
Current Tax Year	$586	CurrentTaxYearAmt
Total	$4,198	TotalAmt

Total Support Calendar Year TotalSupportCalendarYearGrp

Field	Value	IRS element (for citing)
Current Tax Year Minus2 Years	$2,434,391	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$3,290,037	CurrentTaxYearMinus1YearAmt
Current Tax Year	$1,664,291	CurrentTaxYearAmt
Total	$7,388,719	TotalAmt

Field	Value	IRS element (for citing)
First5 Years509	Yes (X)	First5Years509Ind

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

Field	Value	IRS element (for citing)
Contributor	RESTRICTED	ContributorNum

Contributor Business Name ContributorBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	RESTRICTED	BusinessNameLine1

Contributor US Address ContributorUSAddress

Field	Value	IRS element (for citing)
Address Line1	RESTRICTED	AddressLine1
Address Line2	RESTRICTED	AddressLine2
City	RESTRICTED	City
State	RESTRICTED	State
ZIP Code	RESTRICTED	ZIPCode

Field	Value	IRS element (for citing)
Total Contributions	RESTRICTED	TotalContributionsAmt

Schedule D IRS990ScheduleD

Field	Value	IRS element (for citing)
Total Book Value Land Buildings	$0	TotalBookValueLandBuildingsAmt
Footnote Text	Yes (X)	FootnoteTextInd
Total Rev Etc Audited Fincl Stmt	$1,664,291	TotalRevEtcAuditedFinclStmtAmt
Revenue Not Reported	$0	RevenueNotReportedAmt
Revenue Subtotal	$1,664,291	RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt	$0	RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990	$1,664,291	TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt	$2,258,514	TotExpnsEtcAuditedFinclStmtAmt
Expenses Not Reported	$0	ExpensesNotReportedAmt
Expenses Subtotal	$2,258,514	ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt	$0	ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990	$2,258,514	TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail

Field	Value	IRS element (for citing)
Form And Line Reference	Part X, Line 2:	FormAndLineReferenceDesc
Explanation	IVI is exempt from federal income tax as a nonprofit organization described in Section 501(c)(3) of the Internal Revenue Code and is classified as an organization other than a private foundation. IVI did not have a liability for unrelated business income for the year ended December 31, 2021. Management does not believe that the ultimate outcome of any future examinations of open tax years will have a material impact on the organization's results of operations.	ExplanationTxt

Schedule L IRS990ScheduleL

Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp

Name Of Interested NameOfInterested

Field	Value	IRS element (for citing)
Person	Jennifer Bright	PersonNm

Field	Value	IRS element (for citing)
Relationship Description	Momentum Health Strategies	RelationshipDescriptionTxt
Transaction	$747,083	TransactionAmt
Transaction	Jennifer Bright owns Momentum Health Strategies, the Foundation's management company. Jennifer is the Executive Director of the Foundation.	TransactionDesc
Sharing Of Revenues	0	SharingOfRevenuesInd

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (9 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
Form 990, Part VI, Section A, line 3	The Foundation hired Momentum Health Strategies as its management company.
Form 990, Part VI, Section A, line 6	IVI members are the drivers of this mission, and will help set the strategic and tactical vision to ensure that IVI fully addresses the many factors contributing to what value means in healthcare.
Form 990, Part VI, Section A, line 7a	Members are: Eligible for nomination to the Board of Directors and committees Eligible to serve on the Patient Advisory Council (Patient and Family organizations) Eligible to vote for the Board of Directors and at the Annual Meeting
Form 990, Part VI, Section B, line 11b	A copy of the 990 is provided to the Board and reviewed before its submission.
Form 990, Part VI, Section B, line 12c	Conflicts of interest are reviewed at every board meeting by all board members.
Form 990, Part VI, Section C, line 18	All governing documents are available to the public upon request.
Form 990, Part VI, Section C, line 19	All governing documents are available to the public upon request.
Form 990, Part IX, line 11g	Research contractors: Program service expenses 683,222. Management and general expenses 0. Fundraising expenses 0. Total expenses 683,222. Scientific communications: Program service expenses 246,445. Management and general expenses 0. Fundraising expenses 0. Total expenses 246,445. Recruiting fees: Program service expenses 27,025. Management and general expenses 5,938. Fundraising expenses 358. Total expenses 33,321.
Form 990, Part XII, Line 2c:	The process in selecting the independent auditor has not changed.