Cardiology Foundation of New York is a private foundation focused on Medical Research, based in NEW YORK, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $218K in total assets. In 2024, it awarded 1 grants totaling $75K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$218K
-3.8% YoY
Annual Giving
$75K
-28.1% YoY
Grant Count
1
-50.0% YoY
Avg Grant Size
$75K
+43.8% YoY
Under IRS private-foundation payout rules, Cardiology Foundation of New York reported a distributable amount of $14K for 2024 — the minimum it must pay out in qualifying distributions.
About Cardiology Foundation of New York
Based on IRS filings
Cardiology Foundation of New York is a private foundation focused on Medical Research, based in NEW YORK, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $218K in total assets. In 2024, it awarded 1 grants totaling $75K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $217,724 | $226,311 | $261,215 |
| Revenue | $75,144 | $75,158 | $75,165 |
| Expenses | $83,731 | $110,062 | $79,064 |
| Qualifying Distributions | $82,000 | $108,900 | $78,270 |
| Net Investment Income | — | — | — |
| Distributable Amount | $13,731 | $14,986 | $15,407 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2024
Grant Size Distribution
6 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include New York Presbyterian ($75,000).
| Recipient | Purpose | Amount |
|---|---|---|
| NEW YORK PRESBYTERIAN NEW YORK, NY | DIVISION OF CARDIOLOGY. FUND FOR MEDICINE: TRAINING, MEDICAL RESEARCH AND INDIGENT PATIENT CARE. | $75,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| LAWRENCE A KATZ MD | DIRECTOR & PRESIDENT | 1 | — |
| ALLISON SPATZ MD | OUTGOING DIR. & PRESIDENT (12/23) | 1 | — |
| HARVEY GOLDBERG MD | DIRECTOR & SECRETARY/TREASURER | 1 | — |
| MARTIN R POST MD | DIRECTOR | 1 | — |
| FREDERICK FEUERBACH MD | DIRECTOR | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Cardiology Foundation of New York?
Cardiology Foundation of New York is a private foundation focused on Medical Research, based in NEW YORK, NY. It holds $218K in total assets as of 2024.
How large is Cardiology Foundation of New York?
As of 2024, Cardiology Foundation of New York holds $218K in total assets with $75K in annual revenue. It awarded 1 grants totaling $75K in 2024.
Where does Cardiology Foundation of New York operate?
Cardiology Foundation of New York has awarded grants in Florida, New York.
What size grants does Cardiology Foundation of New York award?
In 2024, Cardiology Foundation of New York awarded 1 grants totaling $75K — an average of about $75K per grant, based on its IRS Form 990 filings.
How much is Cardiology Foundation of New York required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Cardiology Foundation of New York reported a distributable amount of $14K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Cardiology Foundation of New York's EIN?
Cardiology Foundation of New York's EIN (Employer Identification Number) is 13-4040039. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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