$250 Million donated to HCIF for Arizona in 2019.
That is the goal and working together we can reach it.
Investing in Innovation
Arizona innovators are working on life saving and life changing treatments that can make life better for people in Arizona and around the world.
At HCIF, we believe, that with a better process for getting new ideas out of the lab and into the development cycle, we can help Arizona innovators make an impact that will benefit people today and for generations to come.
Healthcare Impact Foundation
Healthcare Impact Foundation (“HCIF”) was formed in 2017 as a 501c3 public charity and is dedicated to building a better private equity ecosystem for healthcare innovations and supporting the commercialization of healthcare innovations as they progress from the research laboratory to the patient.
Structured as a portfolio of endowments, each HCIF separate account is dedicated to the community that creates it and is managed with a goal of growing the base endowment and distributing a steady and sustained stream of funding annually that can be distributed by the community's trustees into the areas of its life science ecosystem in a way that will have the greatest potential impact.
“The Stetson Family Office has spent the last 18 months meeting with emerging healthcare innovation ecosystems around the US and globally. We found that while great ideas with high impact potential were coming from emerging life science markets like Arizona, the capital streams and support ecosystems are insufficient to support efficient growth of the companies. Too much time is wasted chasing funding. This time needs to be focused on getting high quality healthcare innovations further along the path to commercialization so that traditional venture capital and public equity funding can take it the rest of the way. We were honored to work with our partners here in Arizona to develop a new and sustainable funding model to address this critical need."
You can make an impact. Help us reach our goal of $250 Million donated to Arizona's account within the Healthcare IMPACT Foundation by December 31, 2019.
The Healthcare IMPACT Foundation is a 501c3 public charity. EIN#82-3038867