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
No grants recorded for .
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
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Similar funders by location and focus area
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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