Foundation for Advanced Cardiovascular Education and Training logo

Foundation for Advanced Cardiovascular Education and Training

Public charity · Grantmaker Plano, TX EIN: 26-3122805 Website

The foundation's tax exempt purpose is to promote and facilitate physician access to quality continuing medical education through facet's accredited cme program. The activities will update physicians on new diagnosis and treatment modalities, improve clinical skills, and improve patient outcomes.

Key facts about Foundation for Advanced Cardiovascular Education and Training

In short: Foundation for Advanced Cardiovascular Education and Training gave $701K across 6 grants in 2024 (avg $117K), top state Texas. Source: 2024 IRS Form 990.

EIN
26-3122805
Latest 990 filing
Form 990, 2024
Annual giving (2024)
$701,000
Grants made (2024)
6
Average grant
$116,833
Median grant
$77,250
Total assets
$547,744
Primary geography
Texas (43% of itemized 2024 grant dollars)

Data from IRS Form 990, 2024; updated September 2026.

Financial Overview

From 2024 IRS Form 990 · View filing

Total Assets

$548K

-41.8% YoY

Annual Giving

$701K

+168.6% YoY

Grant Count

6

+500.0% YoY

Avg Grant Size

$117K

-55.2% YoY

About Foundation for Advanced Cardiovascular Education and Training

Based on IRS filings

Foundation for Advanced Cardiovascular Education and Training is a public charity focused on Mental Health & Crisis Intervention, based in Plano, TX. IRS filing data is available from 2019 through 2024. As of 2024, the organization holds $548K in total assets. In 2024, it awarded 6 grants totaling $701K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

5states

Share of 2024 grant dollars across all 6 itemized grants.

Cities

DallasAlamedaDanversIrvineMalvernMinneapolis

Giving Over Time

Total grant dollars and number of grants per year

$0$200K$400K$600K$800K0 grants2019 0 grants2020 0 grants2021 0 grants2022 1 grant2023 6 grants2024

From 2023 to 2024, annual grant giving ranged from $261K (2023) to $701K (2024). In 2024 it made 6 grants totaling $701K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 6 recipients in 2024

Baylor Healthcare System Foundation: $302KBaylor Healthcare SystemFoundation$302KEdwards Lifesciences: $225KEdwards Lifesciences$225KMedtronic: $142KMedtronic$142KPenumbra: $13KPenumbra$13KAbiomed: $10KAbiomed$10KSiemens Med: $10KSiemens Med$10K

The largest 2024 recipient was Baylor Healthcare System Foundation ($302K). Together the top 6 received $701K.

Grant Size Distribution

7 grants across all recorded years

3<$50K$50–100K2$100–250K2$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 3 grants of 7 (43%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Baylor Healthcare System Foundation Dallas, TXPromotion of Medical Education$301,500
Edwards Lifesciences Irvine, CAPromotion of Medical Education$225,000
Medtronic Minneapolis, MNPromotion of Medical Education$141,500
Penumbra Alameda, CAPromotion of Medical Education$13,000
Abiomed Danvers, MAPromotion of Medical Education$10,000
Siemens Med Malvern, PAPromotion of Medical Education$10,000

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
$0$1M$2M$3M2019 2020 2021 2022 2023 2024
Metric202420232022
Total Assets$547,744$940,611$883,002
Revenue$2,040,783$1,363,207$868,230
Expenses$2,429,601$1,331,528$765,433

Data update history

When this profile's IRS filing data changed on Grantable

  1. Added Form 990 for fiscal year 2019 (received by the IRS August 11, 2020)
  2. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Officers and directors from IRS filings

Foundation for Advanced Cardiovascular Education and Training's 2024 filing lists 3 officers; 1 of 3 officers listed in 2024 is compensated.

Officers on the 2024 filing

  • Kathryn Hobbs

    Director

    On filings since 2019

    15 hrs/week

    $118K (2019) → $177K (2024)

  • David L. Brown MD

    Director

    On filings since 2019

    1 hr/week

    No compensation reported

  • Michael J. Mack

    Director

    On filings since 2019

    1 hr/week

    No compensation reported

Data from IRS Form 990 filings, 2019–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2024 IRS filing

Kathryn Hobbs — Director: $177KKathryn HobbsDirector$177K

The highest reported compensation on the 2024 filing was $177K, to Kathryn Hobbs (Director).

Frequently asked questions about Foundation for Advanced Cardiovascular Education and Training

How much does Foundation for Advanced Cardiovascular Education and Training give each year?

Foundation for Advanced Cardiovascular Education and Training gave $701K across 6 grants in 2024, according to its 2024 IRS Form 990. In 2023 it gave $261K across 1 grant.

What is Foundation for Advanced Cardiovascular Education and Training's typical grant size?

Foundation for Advanced Cardiovascular Education and Training's median grant in 2024 was $77,250, and its average grant was $116,833, across 6 grants on its 2024 IRS Form 990.

Where does Foundation for Advanced Cardiovascular Education and Training give grants?

Foundation for Advanced Cardiovascular Education and Training's top state is Texas, with 43% of the grant dollars itemized on its 2024 IRS Form 990. The next largest states were California (34%) and Minnesota (20%).

Does Foundation for Advanced Cardiovascular Education and Training give general operating support?

Not in 2024: none of the 6 grants with a stated purpose on Foundation for Advanced Cardiovascular Education and Training's 2024 IRS Form 990 were described as general or operating support. Recurring purposes include "Promotion of Medical Education" (6 grants).

Who are Foundation for Advanced Cardiovascular Education and Training's largest grantees?

Foundation for Advanced Cardiovascular Education and Training's largest 2024 grantees include Baylor Healthcare System Foundation ($301,500), Edwards Lifesciences ($225,000) and Medtronic ($141,500), according to its 2024 IRS Form 990. Together they received 95% of its itemized 2024 grant dollars.

How large is Foundation for Advanced Cardiovascular Education and Training?

Foundation for Advanced Cardiovascular Education and Training reported $548K in total assets on its 2024 IRS Form 990. Its revenue that year was $2.0M.

What is Foundation for Advanced Cardiovascular Education and Training?

Foundation for Advanced Cardiovascular Education and Training is a public charity focused on Mental Health & Crisis Intervention, based in Plano, TX. It holds $548K in total assets as of 2024.

What is Foundation for Advanced Cardiovascular Education and Training's EIN?

Foundation for Advanced Cardiovascular Education and Training's EIN (Employer Identification Number) is 26-3122805. IRS Form 990 filing data is available on this page for 2019–2024.

Data last updated September 2026. Sourced from IRS Form 990 filings.

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