| #1 | Mayo Clinic | Scottsdale | School Of Medicine | $190.5M | 307 | 329 |
| #2 | University of Arizona | Tucson | School Of Medicine | $109.2M | 217 | 231 |
| #3 | Arizona State University | Scottsdale | University | $40.8M | 93 | 109 |
| #4 | St. Joseph'S Hospital and Medical Center | Phoenix | Hospital | $4.1M | 9 | 8 |
| #5 | Northern Arizona University | Flagstaff | University | $4M | 10 | 20 |
| #6 | Translational Genomics Research Inst | Phoenix | Other | $3.5M | 7 | 10 |
| #7 | Vitalant | Scottsdale | Other | $2.4M | 4 | 4 |
| #8 | Southeast Arizona Area Health Education Center | Nogales | Other | $1.5M | 1 | 1 |
| #9 | Midwestern University (Glendale Az) | Glendale | School Of Medicine | $1.2M | 2 | 3 |
| #10 | Sonoran Biosciences, Inc. | Tempe | Other | $1M | 1 | 1 |
| #11 | Arizona State Department of Agriculture | Phoenix | Other | $846K | 2 | 1 |
| #12 | Biosensing Instrument, Inc. | Tempe | Other | $807.5K | 1 | 1 |
| #13 | Banner Health | Phoenix | Other | $708.4K | 1 | 1 |
| #14 | Barrow Neurological Institute at St. Joseph'S Hospital and Medical Center | Phoenix | Hospital | $619.4K | 1 | 1 |
| #15 | Metrics Water Catalyst Llc | Carefree | Other | $296.1K | 1 | 1 |
| #16 | Dine' College | Tsaile | University | $269.4K | 1 | 1 |
| #17 | Arizona State Department of Hlth Srvcs | Phoenix | Other | $200K | 1 | 1 |
| #18 | Phoenix Children'S Hospital | Phoenix | Hospital | $88.2K | 1 | 1 |
