East Tennessee Cardiovascular
East Tennessee Cardiovascular is a private foundation focused on Medical Research, based in Knoxville, TN. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $1.5M in total assets. In 2025, it awarded 8 grants totaling $92K. Net investment income was $126K.
East Tennessee Cardiovascular at a glance
In short: East Tennessee Cardiovascular gave $92K across 8 grants in 2025 (avg $12K), mostly in Tennessee. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $92,000
- +15.4% vs 2024
- Grants made (2025)
- 8
- +14.3% vs 2024
- Average grant
- $11,500
- +0.9% vs 2024
- Median grant
- $6,250
- Total assets
- $1,535,129
- -0.0% vs 2024
- Primary geography
- Tennessee (65% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated September 2026.
Who East Tennessee Cardiovascular funds
How this funder distributes its grants
Top Recipients
Top 8 recipients in 2025
The largest 2025 recipient was Chadasha Foundation ($35K). Together the top 8 received $92K.
Grant Size Distribution
37 grants across all recorded years
The most common grant size was under $50K: 36 grants of 37 (97%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 8 itemized grants.
Cities
How East Tennessee Cardiovascular gives
- Giving held roughly steady from 2022 to 2025 (+1%). Method
- In 2025 it paid out 96% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2025, annual grant giving ranged from $80K (2024) to $100K (2021). In 2025 it made 8 grants totaling $92K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Chadasha Foundation Louisville, TN | Support Heart Surgery in Jimani for Haitian Children. | $35,000 |
| American Heart Association Dallas, TX | Support for Heart Health Across the United States | $30,000 |
| Knoxville Youth Athletics Knoxville, TN | Support health and wellness through track and field programs in Knox county middle schools. | $10,000 |
| West Athletic Council Knoxville, TN | To Support West High Athletics | $10,000 |
| 1907 Foundation Knoxville, TN | To support innovative and interdisciplinary neuroscience research for mental health. | $2,500 |
| American Heart Associatinaha Golf Tour Des Moines, IA | To Support the Mission | $2,000 |
| Helen Ross McNabb Foundation Knoxville, TN | To support the mission of mental health care in east Tennessee | $1,500 |
| TN Golf Foundation Franklin, TN | To Support the Mission | $1,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $1,535,129 | $140,718 | $141,207 | $92,000 | 8 | $105,480 | $126,315 | $110,031 |
| 2024 | $1,535,618 | $133,045 | $120,114 | $79,750 | 7 | $93,230 | $115,569 | $104,613 |
| 2023 | $1,522,687 | $47,525 | $126,305 | $80,250 | 8 | $93,730 | $31,718 | $92,866 |
| 2022 | $1,601,467 | $52,939 | $144,714 | $91,250 | 7 | $105,373 | $32,388 | $96,509 |
| 2021 | $1,693,242 | $139,105 | $151,864 | $100,100 | 7 | $116,580 | $116,886 | $112,964 |
| 2020 | $1,706,001 | $177,072 | $133,737 | $95,500 | 6 | — | $157,038 | $103,636 |
Under IRS private-foundation payout rules, East Tennessee Cardiovascular reported a distributable amount of $110K for 2025 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
East Tennessee Cardiovascular is led by Malcolm T. Foster III MD, President on every filing since 2020; none of the 4 officers listed in 2025 report compensation.
Officers on the 2025 filing
Malcolm T. Foster III MD
President
On filings since 2020
No compensation reported
Clint Doiron MD
Trustee
On filings since 2020
No compensation reported
Steve Reed MD
Trustee
On filings since 2020
No compensation reported
Barry I. Michelson MD
Secretary
On filings since 2020
No compensation reported
Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about East Tennessee Cardiovascular
How much does East Tennessee Cardiovascular give each year?
East Tennessee Cardiovascular gave $92K across 8 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $80K across 7 grants.
What is East Tennessee Cardiovascular's typical grant size?
East Tennessee Cardiovascular's median grant in 2025 was $6,250, and its average grant was $11,500, across 8 grants on its 2025 IRS Form 990-PF.
Where does East Tennessee Cardiovascular give grants?
East Tennessee Cardiovascular gives mostly in Tennessee: 65% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The next largest state was Texas (33%). The most frequent recipient cities were Knoxville, TN (4 grants).
Does East Tennessee Cardiovascular give general operating support?
Not in 2025: none of the 8 grants with a stated purpose on East Tennessee Cardiovascular's 2025 IRS Form 990-PF were described as general or operating support.
Who are East Tennessee Cardiovascular's largest grantees?
East Tennessee Cardiovascular's largest 2025 grantees include Chadasha Foundation ($35,000), American Heart Association ($30,000) and Knoxville Youth Athletics ($10,000), according to its 2025 IRS Form 990-PF. Together they received 82% of its itemized 2025 grant dollars.
How large is East Tennessee Cardiovascular?
East Tennessee Cardiovascular reported $1.5M in total assets on its 2025 IRS Form 990-PF. It paid out $105K in qualifying distributions that year, against a required minimum of $110K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
What is East Tennessee Cardiovascular?
East Tennessee Cardiovascular is a private foundation focused on Medical Research, based in Knoxville, TN. It holds $1.5M in total assets as of 2025.
What is East Tennessee Cardiovascular's EIN?
East Tennessee Cardiovascular's EIN (Employer Identification Number) is 20-5911602. IRS Form 990 filing data is available on this page for 2020–2025.
Data last updated September 2026. Sourced from IRS Form 990-PF filings.
Data update history
(6)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2020 (received by the IRS November 4, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS May 13, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS May 30, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS May 6, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS May 5, 2025)
- Added Form 990-PF for fiscal year 2025 (received by the IRS May 14, 2026)
Live grants for the work East Tennessee Cardiovascular funds
Medical Research Open opportunities, soonest deadline first.
- Annual Grants Up to $500,000 for translational/correlative grants; Up to $800,000 for clinical trials · Due November 15, 2026
- American Society of Pediatric Neurosurgeons Seed Grant Program $25,000 maximum for a 2-year award · Due November 15, 2026
- P.E.O. Scholar Awards (PSA) Up to $25,000 · Due November 20, 2026
Explore Open Grants
Browse active grant opportunities in East Tennessee Cardiovascular's focus areas in our free grants database
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East Tennessee Cardiovascular down — hundreds of funders to go?