Global Heartcare Foundation

SCOTTSDALE, AZ EIN: 92-2653485

Diseases, Disorders & Medical Disciplines

Global Heartcare Foundation is a private foundation focused on Diseases, Disorders & Medical Disciplines, based in SCOTTSDALE, AZ. IRS filing data is available from 2023 through 2024. As of 2024, the organization holds $1.5M in total assets. In 2024, it awarded 7 grants totaling $54K. Net investment income was $24K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$1.5M

+541.2% YoY

Annual Giving

$54K

+1397.2% YoY

Grant Count

+600.0% YoY

Avg Grant Size

$8K

+113.9% YoY

Under IRS private-foundation payout rules, Global Heartcare Foundation reported a distributable amount of $72K for 2024 — the minimum it must pay out in qualifying distributions.

About Global Heartcare Foundation

Based on IRS filings

Focus Areas

Diseases, Disorders & Medical Disciplines

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Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023
Total Assets	$1,531,013	$238,791
Revenue	$1,411,334	$274,674
Expenses	$120,388	$35,883
Qualifying Distributions	$109,259	$19,743
Net Investment Income	$23,778	—
Distributable Amount	$71,981	$1,432

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 7 recipients in 2024

Grant Size Distribution

8 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Addis Ababa University- College of Health Sciences ($16,023), Kilimanjaro Clinical Research Institute ($14,298), Rahwa Mulugeta Seyoum ($7,800).

Recipient	Purpose	Amount
THE CHILDREN'S HEART FUND OF ETHIOPIA	REGIONALIZE PEDIATRIC CARDIAC SERVICES BY SUPPORTING UNIVERSITY HOSPITALS IN VARIOUS REGIONS OF THE COUNTRY	$7,317
ADDIS ABABA UNIVERSITY- COLLEGE OF HEALTH SCIENCES	ETHIOPIA RHEUMATIC HEART DISEASE TRAINING CENTER OF EXCELLENCE	$16,023
KILIMANJARO CLINICAL RESEARCH INSTITUTE	EPIDEMIOLOGY OF RHEUMATIC HEART DISEASE STUDY ACTIVITIES	$14,298
EDWARD THOMAS MORUO	SCHOLARSHIP FOR TRAINING FOR CRITICAL CARE AT NARAYANA INSTITURE OF CARDIAC SCIENCES	$1,000
HAMIDHU MULYAMBUZI	SCHOLARSHIP FOR TRAINING AT DEPARTMENT OF CARDIAC PERFUSION TECHNOLOGY AT NARAYANA HEALTH, INDIA	$600
RAHWA MULUGETA SEYOUM	SCHOLARSHIP FOR CARDIAC PERFUSION TRAINING PROGRAM AT NARAYANA INSTITUTE OF CARDIAC SCIENCES	$7,800
WE CARE FOR YOU	EDUCATION EXPENSES AND REGISTRATION FEES	$6,860

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
DR VIBHU KSHETTRY	PRESIDENT	40	—
S ALBERT D HANSER	SECRETARY	0.5	—
DEBRA JOAN WOODWARD	DIRECTOR	0.5	—
WENDY BENNET	DIRECTOR	0.5	—

Subject Areas

Focus areas based on grantmaking activity

Diseases, Disorders & Medical Disciplines

Frequently Asked Questions

What is Global Heartcare Foundation?

Global Heartcare Foundation is a private foundation focused on Diseases, Disorders & Medical Disciplines, based in SCOTTSDALE, AZ. It holds $1.5M in total assets as of 2024.

How large is Global Heartcare Foundation?

As of 2024, Global Heartcare Foundation holds $1.5M in total assets with $1.4M in annual revenue. It awarded 7 grants totaling $54K in 2024.

What size grants does Global Heartcare Foundation award?

In 2024, Global Heartcare Foundation awarded 7 grants totaling $54K — an average of about $8K per grant, based on its IRS Form 990 filings.

How much is Global Heartcare Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Global Heartcare Foundation reported a distributable amount of $72K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.