Miami Heart Research Institute Inc

Public charity · Grantmaker Miami, FL EIN: 59-0674260

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.

Miami Heart Research Institute Inc at a glance

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.

Annual giving (2025)
$1,490,290
-40.3% vs 2024
Grants made (2025)
6
+0.0% vs 2024
Average grant
$248,382
-40.3% vs 2024
Median grant
$249,920
Total assets
$79,333,708
+9.5% vs 2024
Primary geography
Florida (70% of itemized 2025 grant dollars)
Latest 990 filing
Form 990, 2025 View filing

Data from IRS Form 990, 2025; updated September 2026.

How to apply to Miami Heart Research Institute Inc

Who Miami Heart Research Institute Inc funds

How this funder distributes its grants

Top Recipients

Top 6 recipients in 2025

University of Miami: $430KUniversity of Miami$430KMayo Clinic - Herrmann: $377KMayo Clinic - Herrmann$377KFIU: $325KFIU$325KMt Sinai: $175KMt Sinai$175KFlorida State University: $120KFlorida State University$120KGeorgetown University: $63KGeorgetown University$63K

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

<$50K1$50–100K4$100–250K9$250–500K4$500K–1M$1–5M$5M+

The most common grant size was in the $250–500K range: 9 grants of 18 (50%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

3states

Share of 2025 grant dollars across all 6 itemized grants.

Cities

MiamiCoral GablesMiami BeachMinneapolisPhiladelphiaRochesterTallahassee

How Miami Heart Research Institute Inc gives

  • Giving grew 113% from 2022 to 2025. Method

From the foundation's IRS Form 990 filings. Methodology.

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$1M$2M$3M1 grant2019 1 grant2020 1 grant2021 1 grant2022 4 grants2023 6 grants2024 6 grants2025

From 2019 to 2025, annual grant giving ranged from $500K (2019) to $2.5M (2024). In 2025 it made 6 grants totaling $1.5M.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
University of Miami Coral Gables, FLCardiac Research, Education, and Prevention$429,943
Mayo Clinic - Herrmann Minneapolis, MNCardiac Research, Education, and Prevention$377,193
FIU Miami, FLCardiac Research, Education, and Prevention$324,839
Mt Sinai Miami Beach, FLCardiac Research, Education, and Prevention$175,000
Florida State University Tallahassee, FLDoctoral Student Grant$120,000
Georgetown University Philadelphia, PACardiac Research, Education, and Prevention$63,315
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsNet Investment Income
2025$79,333,708$2,974,565$2,545,709$1,490,2906$2,909,239
2024$72,453,813$11,192,176$3,427,931$2,494,9016$11,115,169
2023$68,774,012$3,349,334$2,180,842$1,300,0004$3,275,030
2022$62,381,637$2,906,140$2,684,518$700,0001$2,756,776
2021$78,634,349$4,746,532$1,920,955$600,0401$4,676,072
2020$71,295,048$4,037,744$2,449,547$500,0001$3,960,546
2019$65,893,861$2,591,627$1,650,103$500,0001$2,083,349

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.

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

Nancy R Cavalie — Executive Director: $260KNancy R CavalieExecutive Director$260K

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.

Data update history

(8)

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990 for fiscal year 2020 (received by the IRS August 24, 2021)
  2. Updated Form 990 for fiscal year 2021 (received by the IRS August 29, 2022)
  3. Updated Form 990 for fiscal year 2022 (received by the IRS September 7, 2023)
  4. Updated Form 990 for fiscal year 2023 (received by the IRS August 1, 2024)
  5. Updated Form 990 for fiscal year 2024 (received by the IRS August 27, 2025)
  6. Added Form 990 for fiscal year 2019 (received by the IRS August 10, 2020)
  7. Added Form 990 for fiscal year 2025 (received by the IRS August 13, 2026)
  8. IRS filings on file for fiscal years 2020–2024

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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from Miami Heart Research Institute Inc's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.

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