Foundation for Advanced Cardiovascular Education and Training
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.
Foundation for Advanced Cardiovascular Education and Training at a glance
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.
- Annual giving (2024)
- $701,000
- +168.6% vs 2023
- Grants made (2024)
- 6
- +500.0% vs 2023
- Average grant
- $116,833
- -55.2% vs 2023
- Median grant
- $77,250
- Total assets
- $547,744
- -41.8% vs 2023
- Primary geography
- Texas (43% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990, 2024 View filing
Data from IRS Form 990, 2024; updated September 2026.
Who Foundation for Advanced Cardiovascular Education and Training funds
How this funder distributes its grants
Top Recipients
Top 6 recipients in 2024
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
The most common grant size was under $50K: 3 grants of 7 (43%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2024 grant dollars across all 6 itemized grants.
Cities
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2023 to 2024, annual grant giving ranged from $261K (2023) to $701K (2024). In 2024 it made 6 grants totaling $701K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Baylor Healthcare System Foundation Dallas, TX | Promotion of Medical Education | $301,500 |
| Edwards Lifesciences Irvine, CA | Promotion of Medical Education | $225,000 |
| Medtronic Minneapolis, MN | Promotion of Medical Education | $141,500 |
| Penumbra Alameda, CA | Promotion of Medical Education | $13,000 |
| Abiomed Danvers, MA | Promotion of Medical Education | $10,000 |
| Siemens Med Malvern, PA | Promotion of Medical Education | $10,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants |
|---|---|---|---|---|---|
| 2024 | $547,744 | $2,040,783 | $2,429,601 | $701,000 | 6 |
| 2023 | $940,611 | $1,363,207 | $1,331,528 | $261,000 | 1 |
| 2022 | $883,002 | $868,230 | $765,433 | — | — |
| 2021 | $780,205 | $753,901 | $502,996 | — | — |
| 2020 | $529,300 | $461,553 | $561,788 | — | — |
| 2019 | $629,535 | $943,544 | $1,116,158 | — | — |
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.
Focus Areas
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
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.
Data update history
(2)
When this profile's IRS filing data changed on Grantable
- Added Form 990 for fiscal year 2019 (received by the IRS August 11, 2020)
- IRS filings on file for fiscal years 2020–2024
Live grants for the work Foundation for Advanced Cardiovascular Education and Training funds
Mental Health & Crisis Intervention Open opportunities, soonest deadline first.
Explore Open Grants
Browse active grant opportunities in Foundation for Advanced Cardiovascular Education and Training's focus areas in our free grants database
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