Foundation of the Heart is based in Colorado Springs, Colorado. Its 2020 filing reports $720,500 in grants to 10 organizations.
Key facts about Foundation of the Heart
- EIN
- 84-1562020
- Latest 990 filing
- Form 990 filing, 2021
Data from IRS Form 990 filing, 2021; updated September 2026.
Grantmaking
In 2020, the foundation gave 10 grants totaling $720,500. Grant amounts in the available list ranged from $2,500 to $450,000.
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Geographic Focus
Where this funder awards grants
The listed 2020 grants went to organizations in Durham, North Carolina, and Colorado Springs, Colorado.
Grant Distribution by State
Cities
Giving Over Time
Total grant dollars and number of grants per year
In 2020 it made 10 grants totaling $721K.
Grant Insights
How this funder distributes its grants
Grant Size Distribution
10 grants across all recorded years
The most common grant size was under $50K: 7 grants of 10 (70%).
Giving History
Grant recipients and amounts by year
No grants recorded for 2021.
Financial History
Multi-year comparison from IRS filings
The 2020 filing reports:
| Year | Assets | Revenue | Expenses | Grants |
|---|---|---|---|---|
| 2020 | $9,131,237 | $182,386 | $1,434,067 | $720,500 (10 grants) |
| Metric | 2021 | 2020 |
|---|---|---|
| Total Assets | — | $9,131,237 |
| Revenue | — | $182,386 |
| Expenses | — | $1,434,067 |
| Net Investment Income | — | $3,483 |
Data update history
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2020 (received by the IRS November 12, 2021)
- IRS filings on file for fiscal years 2020–2021
Leadership & Key People
Officers and directors from IRS filings
Foundation of the Heart is led by Matthew Dealy, CEO & President on the 2020 filing; 1 of 3 officers listed in 2020 is compensated.
Officers on the 2020 filing
The latest filing that lists officers: our copy of the 2021 filing lists none.
Matthew Dealy
CEO & President
New on the 2020 filing
30 hrs/week
$12K (2020)
Vance Brown
Chairman
New on the 2020 filing
10 hrs/week
No compensation reported
Pete Gannon
Secretary
New on the 2020 filing
10 hrs/week
No compensation reported
Data from IRS Form 990 filings, 2020. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2020 IRS filing
The highest reported compensation on the 2020 filing was $12K, to Matthew Dealy (CEO and President).
Contact
Mailing address: PO Box 51353, Colorado Springs, CO 80949
Phone: (719) 661-1244
Frequently asked questions about Foundation of the Heart
How do I apply for a grant from Foundation of the Heart?
Foundation of the Heart has no public application process in the sources Grantable reviewed. Check foundheart.org for current guidelines, or contact the foundation directly before submitting a request.
Where does Foundation of the Heart make grants?
The listed 2020 grants went to organizations in Durham, North Carolina, and Colorado Springs, Colorado.
What is Foundation of the Heart's EIN?
Foundation of the Heart's EIN (Employer Identification Number) is 84-1562020. IRS Form 990 filing data is available on this page for 2020–2021.
Data last updated September 2026. Sourced from IRS Form 990 filings. Research dossier generated September 2026.
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