Miami Heart Research Institute Inc
Miami Heart Research Institute, inc. Is an independent, not-for-profit 501(c)(3) organization with the mission to perform the functions of, or to carry out the purposes of, Florida heart research foundation, inc. By fundraising and funding cardiovascular research, education and prevention programs.
Key facts about Miami Heart Research Institute Inc
In short: Miami Heart Research Institute Inc gave $1.5M across 6 grants in 2025 (avg $248K), mostly in Florida. Source: 2025 IRS Form 990.
- EIN
- 59-0674260
- Latest 990 filing
- Form 990, 2025
- Annual giving (2025)
- $1,490,290
- Grants made (2025)
- 6
- Average grant
- $248,382
- Median grant
- $249,920
- Total assets
- $79,333,708
- Primary geography
- Florida (70% of itemized 2025 grant dollars)
Data from IRS Form 990, 2025; updated September 2026.
Financial Overview
From 2025 IRS Form 990 · View filing
Total Assets
$79.3M
+9.5% YoY
Annual Giving
$1.5M
-40.3% YoY
Grant Count
6
+0.0% YoY
Avg Grant Size
$248K
-40.3% YoY
How Miami Heart Research Institute Inc gives
- Giving grew 113% from 2022 to 2025. Method
From the foundation's IRS Form 990 filings. Methodology.
About Miami Heart Research Institute Inc
Based on IRS filings
Miami Heart Research Institute Inc is a public charity, based in Miami, FL. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $79.3M in total assets. In 2025, it awarded 6 grants totaling $1.5M. Net investment income was $2.9M.
Focus Areas
Open Grants
3 open opportunities from Miami Heart Research Institute Inc
Eugene J. Sayfie, MD Advanced Cardiovascular Nursing Scholarship Fund
Miami Heart Research Institute Inc
Amount
$30,000
Deadline
Rolling / Open
Joan K. Stout, RN Cardiovascular Nursing Scholarship Fund
Miami Heart Research Institute Inc
Amount
$15,000
Deadline
Rolling / Open
Richard A. Elias, MD Advanced Cardiovascular Nursing Scholarship Fund
Miami Heart Research Institute Inc
Amount
$30,000
Deadline
Rolling / Open
Ready to take the next step with Miami Heart Research Institute Inc?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 6 itemized grants.
States
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2019 to 2025, annual grant giving ranged from $500K (2019) to $2.5M (2024). In 2025 it made 6 grants totaling $1.5M.
Grant Insights
How this funder distributes its grants
Top Recipients
Top 6 recipients in 2025
The largest 2025 recipient was University of Miami ($430K). Together the top 6 received $1.5M.
Grant Size Distribution
18 grants across all recorded years
The most common grant size was in the $250–500K range: 9 grants of 18 (50%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| University of Miami Coral Gables, FL | Cardiac Research, Education, and Prevention | $429,943 |
| Mayo Clinic - Herrmann Minneapolis, MN | Cardiac Research, Education, and Prevention | $377,193 |
| FIU Miami, FL | Cardiac Research, Education, and Prevention | $324,839 |
| Mt Sinai Miami Beach, FL | Cardiac Research, Education, and Prevention | $175,000 |
| Florida State University Tallahassee, FL | Doctoral Student Grant | $120,000 |
| Georgetown University Philadelphia, PA | Cardiac Research, Education, and Prevention | $63,315 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $79,333,708 | $72,453,813 | $68,774,012 |
| Revenue | $2,974,565 | $11,192,176 | $3,349,334 |
| Expenses | $2,545,709 | $3,427,931 | $2,180,842 |
| Net Investment Income | $2,909,239 | $11,115,169 | $3,275,030 |
Data update history
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2020 (received by the IRS August 24, 2021)
- Updated Form 990 for fiscal year 2021 (received by the IRS August 29, 2022)
- Updated Form 990 for fiscal year 2022 (received by the IRS September 7, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS August 1, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS August 27, 2025)
- Added Form 990 for fiscal year 2019 (received by the IRS August 10, 2020)
- Added Form 990 for fiscal year 2025 (received by the IRS August 13, 2026)
- IRS filings on file for fiscal years 2020–2024
Leadership & Key People
Officers and directors from IRS filings
Miami Heart Research Institute Inc is led by Nancy R. Cavalie, Executive Director since 2021 (on filings since 2019); 1 of 10 officers listed in 2025 is compensated.
Officers on the 2025 filing
Nancy R. Cavalie
Executive Director
Executive Director & Assistant Secretary → Executive Director & Treasurer, 2020
Executive Director & Treasurer → Executive Director, 2021
On filings since 2019
40 hrs/week
$129K (2019) → $260K (2025)
Joe Ann Batcheller
Chairman
On filings since 2019
1 hr/week
No compensation reported
Oliver R. Di Pietro MD
Trustee
On filings since 2019
1 hr/week
No compensation reported
Tracy Towle Humphrey
Trustee
On filings since 2019
1 hr/week
No compensation reported
Maria Canossa-Terris MD
Trustee
On filings since 2020
1 hr/week
No compensation reported
Elizabeth Whalen
Trustee
On filings since 2021
1 hr/week
No compensation reported
Mary Jean Catinchi Mella Esq.
Trustee
On filings since 2021
1 hr/week
No compensation reported
Charles E. Porter
Trustee
On filings since 2023
1 hr/week
No compensation reported
Eric Falkenburg
Trustee
On filings since 2024
1 hr/week
No compensation reported
Jose Antonio Adams MD
Vice Chair
On filings since 2019
1 hr/week
No compensation reported
Former officers (3)
- Former: Stephen H. Schott (2019–2022) — Trustee
- Former: Eugene Sayfie MD (2019–2020) — Trustee
- Former: Mary Jean Catinchi Mella Esquire (2019–2020) — Trustee
Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2025 IRS filing
The highest reported compensation on the 2025 filing was $260K, to Nancy R Cavalie (Executive Director).
Frequently asked questions about Miami Heart Research Institute Inc
How much does Miami Heart Research Institute Inc give each year?
Miami Heart Research Institute Inc gave $1.5M across 6 grants in 2025, according to its 2025 IRS Form 990. In 2024 it gave $2.5M across 6 grants.
What is Miami Heart Research Institute Inc's typical grant size?
Miami Heart Research Institute Inc's median grant in 2025 was $249,920, and its average grant was $248,382, across 6 grants on its 2025 IRS Form 990.
Where does Miami Heart Research Institute Inc give grants?
Miami Heart Research Institute Inc gives mostly in Florida: 70% of the grant dollars itemized on its 2025 IRS Form 990 went to recipients there. The next largest state was Minnesota (25%).
Does Miami Heart Research Institute Inc give general operating support?
Not in 2025: none of the 6 grants with a stated purpose on Miami Heart Research Institute Inc's 2025 IRS Form 990 were described as general or operating support. Recurring purposes include "Cardiac Research, Education, and Prevention" (5 grants).
Who are Miami Heart Research Institute Inc's largest grantees?
Miami Heart Research Institute Inc's largest 2025 grantees include University of Miami ($429,943), Mayo Clinic - Herrmann ($377,193) and FIU ($324,839), according to its 2025 IRS Form 990. Together they received 76% of its itemized 2025 grant dollars.
How large is Miami Heart Research Institute Inc?
Miami Heart Research Institute Inc reported $79.3M in total assets on its 2025 IRS Form 990. Its revenue that year was $3.0M.
What is Miami Heart Research Institute Inc's EIN?
Miami Heart Research Institute Inc's EIN (Employer Identification Number) is 59-0674260. IRS Form 990 filing data is available on this page for 2019–2025.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Here's the math on researching Miami Heart Research Institute Inc by hand.
Explore Open Grants
Browse active grant opportunities in Miami Heart Research Institute Inc's focus areas in our free grants database
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