Heart Institute of Southern New Jersey
Heart Institute of Southern New Jersey is a private foundation, based in MOORESTOWN, NJ. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $10.4M in total assets. In 2025, it awarded 1 grants totaling $485K. Net investment income was $981K.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$10.4M
+4.2% YoY
Annual Giving
$485K
+0.3% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$485K
+0.3% YoY
Under IRS private-foundation payout rules, Heart Institute of Southern New Jersey reported a distributable amount of $563K for 2025 — the minimum it must pay out in qualifying distributions.
About Heart Institute of Southern New Jersey
Based on IRS filings
Heart Institute of Southern New Jersey is a private foundation, based in MOORESTOWN, NJ. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $10.4M in total assets. In 2025, it awarded 1 grants totaling $485K. Net investment income was $981K.
Ready to take the next step with Heart Institute of Southern New Jersey?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $10,373,332 | $9,959,860 | $7,555,320 |
| Revenue | $1,015,547 | $2,948,410 | $447,469 |
| Expenses | $602,075 | $543,870 | $612,697 |
| Qualifying Distributions | $485,127 | $483,653 | $543,090 |
| Net Investment Income | $980,846 | $2,916,761 | $419,840 |
| Distributable Amount | $563,280 | $485,127 | $483,653 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2025
Grant Size Distribution
12 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2025 grants, the largest include Trustees of the University of Pennsylvania ($485,127).
| Recipient | Purpose | Amount |
|---|---|---|
| TRUSTEES OF THE UNIVERSITY OF PENNSYLVANIA PHILADELPHIA, PA | SUPPORT CARDIOLOGY RESEARCH, EDUCATION AND PATIENT CARE. | $485,127 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2025 IRS filing
From 2025 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| HARVEY L WAXMAN MD | PRES/TREAS/BOARD MEMBER | 1 | — |
| WILLIAM J UNTEREKER MD | VICE PRES/BOARD MEMBER | — | — |
| MICHAEL SHEERIN | BOARD MEMBER | — | — |
| BRIAN DRACHMAN MD | BOARD MEMBER | — | — |
Frequently Asked Questions
How large is Heart Institute of Southern New Jersey?
As of 2025, Heart Institute of Southern New Jersey holds $10.4M in total assets with $1.0M in annual revenue. It awarded 1 grants totaling $485K in 2025.
Where does Heart Institute of Southern New Jersey operate?
Heart Institute of Southern New Jersey has awarded grants in New Jersey, Pennsylvania, Tennessee.
What size grants does Heart Institute of Southern New Jersey award?
In 2025, Heart Institute of Southern New Jersey awarded 1 grants totaling $485K — an average of about $485K per grant, based on its IRS Form 990 filings.
How much is Heart Institute of Southern New Jersey required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2025, Heart Institute of Southern New Jersey reported a distributable amount of $563K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Heart Institute of Southern New Jersey's EIN?
Heart Institute of Southern New Jersey's EIN (Employer Identification Number) is 22-2574758. IRS Form 990 filing data is available on this page for 2021–2025.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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