2021-04-15T11:09:46-05:00 2020-12-31 541342298 Kositzka Wicks and Company 5270 Shawnee Road Suite 250 Alexandria VA 22312 990 2020-01-01 832257857 IVI Foundation Inc IVIF 7633702941 917 Prince Street Alexandria VA 22314 Jennifer Bright Executive Director 7036280534 2021-04-13 1 Jennifer Bright 999009999 Jennica Jardine Whitfield CPA P01379267 7036422700 2 AAL1 IAL1 2020 2022-09-23 18:48:47Z Jennifer Bright 917 Prince Street Alexandria VA 22314 3290037 0 X ivifoundation.org X 2019 DE The Foundation's mission is to advance the science and improve the practice of value assessment in healthcare. 9 9 3 0 0 0 2434391 3256150 0 30275 0 3612 0 0 2434391 3290037 0 0 0 0 0 38951 0 0 139306 1490241 1641762 1490241 1680713 944150 1609324 1154813 2641128 210663 87654 944150 2553474 X 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. 0 0 799463 20000 Research Projects - The Foundation develops open-source value models for specific diseases as a laboratory for developing next-generation methods for value assessment. 163420 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. 213021 10275 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 1175904 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 1 24 0 1 3 1 0 0 0 0 0 0 0 0 0 0 X 9 9 0 1 0 0 1 1 0 1 1 0 0 1 1 1 1 0 0 0 0 0 X The Organization 7633702941 917 Prince Street Alexandria VA 22314 X Samuel Nussbaum MD President 1.00 X X 0 0 0 Alan Balch PhD Secretary 1.00 X X 0 0 0 Daniel Durham Treasurer 1.00 X X 0 0 0 Andrea Marsca Director 1.00 X 0 0 0 Donna Cryer Director 1.00 X 0 0 0 Greg Daniel Director 1.00 X 0 0 0 Michael Thompson Director 1.00 X 0 0 0 Neil Weissman Director 1.00 X 0 0 0 Patty Fritz Director 1.00 X 0 0 0 Jennifer Bright Executive Director 40.00 X 0 0 0 0 0 0 0 0 0 0 Momentum Health Strategies LLC 917 Prince Street Alexandria VA 22314 Management services 617329 KS Associates 917 Prince Street Alexandria VA 22314 Public Relations 183941 Patricia Deverka 2121 Vandiver Way Apex NC 27523 Chief Science Officer 144180 Rand Corporation PO Box 2138 Santa Monica CA 90407 Research 122421 Precision Health Economics LLC PO Box 75727 Baltimore MD 21275 Research 108316 5 3256150 3256150 Program grants 541700 20000 20000 Honorarium and contrac 541900 10275 10275 30275 3612 3612 3290037 30275 0 3612 X 32833 24166 8667 2733 2012 721 3385 2418 967 756496 413128 204641 138727 28910 28910 27800 27800 757119 675208 81361 550 32205 21247 10947 11 44 44 3113 2504 609 12439 12331 90 18 22846 22846 790 790 1680713 1175904 365503 139306 805322 1610542 1003612 349241 25000 250 1974 1154813 2641128 210663 87654 210663 87654 X 791150 1700074 153000 853400 944150 2553474 1154813 2641128 1609324 0 X X 0 1 X 1 0 X 2404391 3256150 5660541 30000 30275 60275 2434391 3286425 5720816 1945204 3125000 5070204 0 1945204 3125000 5070204 650612 3612 3612 3612 3612 2434391 3290037 5724428 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 X 3290037 0 3290037 0 3290037 1680713 0 1680713 0 1680713 Part X, Line 2: 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, 2020. 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. Jennifer Bright Momentum Health Strategies 617329 Jennifer Bright owns Momentum Health Strategies, the Foundation's management company. Jennifer is the Executive Director of the Foundation. 0 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 414,313. Management and general expenses 0. Fundraising expenses 0. Total expenses 414,313. Other professional fees: Program service expenses 0. Management and general expenses 33,785. Fundraising expenses 0. Total expenses 33,785. Scientific communications: Program service expenses 260,895. Management and general expenses 6,100. Fundraising expenses 550. Total expenses 267,545. Recruiting fees: Program service expenses 0. Management and general expenses 41,476. Fundraising expenses 0. Total expenses 41,476. Form 990, Part XII, Line 2c The process in selecting the independent auditor has not changed.