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The Michael Wolk Heart Foundation Inc
New York, NY · EIN 133409988 · Form 990 · FY2021 · NTEE H43J · Medical Research · Micro (<$100K)
revenue
$26K
expenses
$948K
net assets
$1.4M
employees
0
program ratio
95%
mission · from form 990

THE FOUNDATIONS GOAL IS TO IMPROVE PATIENT CARE BY ENCOURAGING PHYSICIANS TO ENTER THE CLINICIAL INVESTAGATIVE CAREERS AND THEREBY MAINTAIN THE PACE OF SIGNIFICANT GAINS IN CARDIOVASCULAR MEDICAL RESEARCH

profile · synthesized from sources

The Michael Wolk Heart Foundation Inc is a New York-based nonprofit focused on advancing cardiovascular medical research. Its primary goal is to improve patient care by supporting physicians pursuing clinical investigative careers. The organization operates as a private foundation dedicated to sustaining progress in heart-related medical research.

named programs · 1 · from sources

What they call their work

Clinical Investigative Career Support Program
Encourages physicians to enter clinical investigative careers in cardiovascular medicine through funding and professional support
activities · 1 group

What they do

  • Cardiovascular Disease Research and Support 1 activity
    • Supports cardiovascular research through physician career development
      Funds and encourages clinical investigative careers in cardiovascular medicine, aiming to build capacity in the field of cardiovascular research.
financials · form 990 · fy2021
revenue
Total revenue$26K
Contributions & grants$204K785%
Program service revenue$00%
Investment income$-178K-685%
Other revenue$0
expenses
Total expenses$948K
Program expenses95%
Admin / overhead5%
Fundraising0%
Salaries & benefits$0
Grants paid out$901K
Largest expense lineProfessional Fees
balance sheet
Total assets$2.30M
Cash$510K
Investments$1.78M
Liabilities$880K
Net assets$1.42M
Liquid reserves29.0 mo
3 years on record · 2019–2021 · YoY revenue -95.7%
leadership · form 990 part vii · fy2021

Who runs it

board members · 25
  • ABBY WOLK — BOARD MEMBER
  • BONIFACE ZAINO — BOARD MEMBER
  • BRUCE GALLAGER — BOARD MEMBER
  • CHARLES YASSKY — BOARD MEMBER
  • DOUG ALLEN — BOARD MEMBER
  • EDWARD BRAMSON — BOARD MEMBER
  • EDWARD MARRAM — BOARD MEMBER
  • FRANCIS GREENBURGER — BOARD MEMBER
  • FRAYDUN MANOCHERIAN — BOARD MEMBER
  • GARY JACOB — BOARD MEMBER
  • GREG MANOCHERIAN — BOARD MEMBER
  • JOHN GOLDEN — BOARD MEMBER
  • LAWRENCE GREAV — BOARD MEMBER
  • LAWRENCE KATZ — BOARD MEMBER
  • LORIE SLUTSKY — BOARD MEMBER
  • MICHAEL ARATEN — BOARD MEMBER
  • MICHAEL SCHWARTZ — BOARD MEMBER
  • MICHAEL WOLK — PRESIDENT
  • NEIL GRABOIS — BOARD MEMBER
  • PETER STRIANO — BOARD MEMBER
  • RICHARD GLAZER — TREASURER
  • ROBERT SPIEGEL — BOARD MEMBER
  • ROBERT WOLK — VICE PRESIDENT
  • SCOTT WEINER — BOARD MEMBER
  • STEVEN RICHMAN — BOARD MEMBER
strategies · 1

How they approach the work

Named approaches extracted from this org’s sources. Where others share an approach, follow it to see the full set of orgs running it.

  • Investment in Clinical Investigator Workforce
    methodology: workforce_development_in_medical_research
    By supporting physicians entering clinical investigative careers, the foundation produces sustained progress in cardiovascular research and improved patient care because developing skilled researchers strengthens the pipeline of innovation and evidence-based treatments in cardiology.