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research dossier

HEART DISEASE RESEARCH FOUNDATION
NEW YORK, NY · EIN 116036278 · Form 990 · FY2024 · NTEE H43Z · Medical Research · Micro (<$100K)
revenue
$62K
expenses
$391K
net assets
$7.0M
employees
0
program ratio
87%
mission · from form 990

PURSUANT TO THE DEED OF TRUST, DATED JANUARY 12, 1961, THE FOUNDATION IS IDENTIFYINGORGANIZATIONS THAT ARE PROVIDING HEALTH CARE AND EDUCATION TO UNDERSERVED COMMUNITIES WITH A FOCUS ON CARDIOVASCULAR DISEASES AND RELATED ILLNESSES. THE FOUNDATION INTENDS TO PARTNER WITH THESE ORGANIZATIONS TO PROVIDE FUNDING, GRANTS, OR OTHER RESOURCES NEEDED TO HELP THE ORGANIZATION CONTINUE TO MAKE AN IMPACT IN THE COMMUNITY. THE FOUNDATION IS ALSO EVALUATING OPPORTUNITIES TO SUPPORT STUDENTS, ACADEMICS, OR SPECIFIC PROGRAMS IN RESEARCH BASED MEDICAL SCHOOLS.

profile · synthesized from sources

Private foundation established in 1961 to support healthcare and education initiatives focused on cardiovascular diseases in underserved communities. The organization identifies and partners with frontline providers, research institutions, and medical schools to deliver funding, grants, and resources. It also evaluates opportunities to support students and academics in medical research.

named programs · 2 · from sources

What they call their work

Cardiovascular Health Grant Program
Identifies and funds organizations providing healthcare and education to underserved communities affected by cardiovascular diseases and related illnesses
Medical Research Support Initiative
Evaluates and supports students, academics, and specific research programs at medical schools with a focus on cardiovascular science
activities · 2 groups

What they do

  • Cardiovascular Disease Research and Support 2 activities
    • Research on cardiovascular disease care and education providers
      Identifies and evaluates organizations that provide health care and education related to cardiovascular diseases in underserved communities, as part of strategic assessment for funding and partnerships.
    • Researching opportunities for supporting cardiovascular research in academic medical institutions
      Evaluates potential avenues to support students, academics, and specific research programs in medical schools with a focus on cardiovascular disease, including identifying high-impact research initiatives and training environments.
  • Hospital and Medical Center Support 1 activity
    • Funding health care and education in underserved communities for cardiovascular disease
      Provides grants and financial support to organizations delivering health care services and educational programs focused on cardiovascular diseases and related illnesses in underserved communities.
financials · form 990 · fy2024
revenue
Total revenue$62K
Contributions & grants$20K33%
Program service revenue$00%
Investment income$42K67%
Other revenue$0
expenses
Total expenses$391K
Program expenses87%
Admin / overhead13%
Fundraising0%
Salaries & benefits$31K
Grants paid out$300K
Largest expense lineCompensation
balance sheet
Total assets$7.05M
Cash$48K
Investments$6.96M
Liabilities$54
Net assets$7.05M
Liquid reserves215.2 mo
3 years on record · 2020–2024 · YoY revenue -89.8%
leadership · form 990 part vii · fy2024

Who runs it

board members · 7
  • ANDREA CASILLAS — Executive Dir.
  • Asha Desai — Board Member
  • Hawk Tran — Chair
  • Michele Blair — Treasurer
  • Michele Lentz — Board Member
  • Michele Packard-Milam — Immediate Past
  • Sue Koob — 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.

  • Partner-Based Grantmaking
    methodology: partner_based_grantmaking
    By providing financial and resource support to organizations delivering health care and education in underserved communities, the foundation amplifies community impact because local partners have established trust, infrastructure, and contextual expertise that increase the effectiveness and reach of interventions.