Foundation for Advanced Cardiovascular
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.
Financial Overview
From 2024 IRS Form 990-PF · 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
Based on IRS filings
Foundation for Advanced Cardiovascular is a nonprofit organization focused on Mental Health & Crisis Intervention, based in PLANO, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $548K in total assets. In 2024, it awarded 6 grants totaling $701K.
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 | $547,744 | $940,611 | $883,002 |
| Revenue | $2,040,783 | $1,363,207 | $868,230 |
| Expenses | $2,429,601 | $1,331,528 | $765,433 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | — | — | — |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 6 recipients in 2024
Grant Size Distribution
7 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Baylor Healthcare System Foundation ($301,500), Edwards Lifesciences ($225,000), Medtronic ($141,500).
| 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 |
| ABIOMED DANVERS, MA | PROMOTION OF MEDICAL EDUCATION | $10,000 |
| PENUMBRA ALAMEDA, CA | PROMOTION OF MEDICAL EDUCATION | $13,000 |
| SIEMENS MED MALVERN, PA | PROMOTION OF MEDICAL EDUCATION | $10,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| KATHRYN HOBBS | DIRECTOR | 15 | $177,246 |
| DAVID L BROWN MD | DIRECTOR | 1 | — |
| MICHAEL J MACK | DIRECTOR | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Foundation for Advanced Cardiovascular?
Foundation for Advanced Cardiovascular is a nonprofit organization focused on Mental Health & Crisis Intervention, based in PLANO, TX. It holds $548K in total assets as of 2024.
How large is Foundation for Advanced Cardiovascular?
As of 2024, Foundation for Advanced Cardiovascular holds $548K in total assets with $2.0M in annual revenue. It awarded 6 grants totaling $701K in 2024.
Where does Foundation for Advanced Cardiovascular operate?
Foundation for Advanced Cardiovascular has awarded grants in California, Massachusetts, Minnesota, Pennsylvania, Texas.
What size grants does Foundation for Advanced Cardiovascular award?
In 2024, Foundation for Advanced Cardiovascular awarded 6 grants totaling $701K — an average of about $117K per grant, based on its IRS Form 990 filings.
What is Foundation for Advanced Cardiovascular's EIN?
Foundation for Advanced Cardiovascular's EIN (Employer Identification Number) is 26-3122805. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Foundation for Advanced Cardiovascular's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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