Midwest Cardiovascular Research and Education Foundation
Midwest Cardiovascular Research and Education Foundation is a private foundation focused on Medical Research, based in Elkhart, IN. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $566K in total assets. In 2025, it awarded 4 grants totaling $29K. Net investment income was $13K.
Midwest Cardiovascular Research and Education Foundation at a glance
In short: Midwest Cardiovascular Research and Education Foundation gave $29K across 4 grants in 2025 (avg $7K), mostly in Indiana. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $29,447
- +63.6% vs 2024
- Grants made (2025)
- 4
- +100.0% vs 2024
- Average grant
- $7,362
- -18.2% vs 2024
- Median grant
- $5,474
- Total assets
- $565,899
- +65.8% vs 2024
- Primary geography
- Indiana (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated October 2026.
Who Midwest Cardiovascular Research and Education Foundation funds
How this funder distributes its grants
Top Recipients
Top 4 recipients in 2025
The largest 2025 recipient was Indiana University Foundation ($18K). Together the top 4 received $29K.
Grant Size Distribution
11 grants across all recorded years
The most common grant size was under $50K: 11 grants of 11 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 4 itemized grants.
States
Cities
How Midwest Cardiovascular Research and Education Foundation gives
- Giving grew 741% from 2022 to 2025. Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2021 to 2025, annual grant giving ranged from $4K (2022) to $29K (2025). In 2025 it made 4 grants totaling $29K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Indiana University Foundation Bloomington, IN | General Purposes | $17,500 |
| WVPE Public Radio Elkhart, IN | General Purposes | $5,947 |
| Beacon Health Foundation South Bend, IN | General Purposes | $5,000 |
| Wnit Public Television South Bend, IN | General Purposes | $1,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income |
|---|---|---|---|---|---|---|---|
| 2025 | $565,899 | $633,209 | $408,562 | $29,447 | 4 | $29,447 | $13,407 |
| 2024 | $341,252 | $398,822 | $415,559 | $18,000 | 2 | $18,000 | $4,686 |
| 2023 | $357,989 | $404,188 | $326,208 | $12,500 | 1 | $12,500 | $3,532 |
| 2022 | $280,009 | $386,719 | $320,332 | $3,500 | 2 | $3,500 | $560 |
| 2021 | $213,622 | $263,957 | $280,244 | $12,500 | 2 | $16,287 | $1,164 |
| 2020 | $229,909 | $204,981 | $228,953 | — | — | — | $3,109 |
Leadership & Key People
Officers and directors from IRS filings
Midwest Cardiovascular Research and Education Foundation is led by Vijay Mehta MD, President since 2025 (on filings since 2020); none of the 6 officers listed in 2025 report compensation.
Officers on the 2025 filing
Vijay Mehta MD
President
Board Memeber → Board Member, 2022
Board Member → President, 2025
On filings since 2020
4 hrs/week
No compensation reported
Troy Weirick MD
Treasurer
Board Memeber → Board Member, 2022
Board Member → Treasurer, 2025
On filings since 2020
2 hrs/week
No compensation reported
Jennifer Pierce Rn Msn
Board Member
On filings since 2022
1 hr/week
No compensation reported
Adil Wani MD
Vice President
New on the 2025 filing
2 hrs/week
No compensation reported
Amjad Ullah Syed MD
Board Member
New on the 2025 filing
1 hr/week
No compensation reported
Jill Newcomer Nurse Practitioner
Secretary
New on the 2025 filing
1 hr/week
No compensation reported
Former officers (5)
- Former: Ann Rathburn-Lacopo (2020–2024) — Secretary
- Former: Charles Mathis MD (2020–2024) — Treasurer
- Former: Donald Westerhausen Jr. MD (2020–2024) — President
- Former: William Sarnat MD (2020–2024) — Vice President
- Former: Jennifer Pierce (2020–2021) — Board Member
Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Midwest Cardiovascular Research and Education Foundation
How much does Midwest Cardiovascular Research and Education Foundation give each year?
Midwest Cardiovascular Research and Education Foundation gave $29K across 4 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $18K across 2 grants.
What is Midwest Cardiovascular Research and Education Foundation's typical grant size?
Midwest Cardiovascular Research and Education Foundation's median grant in 2025 was $5,474, and its average grant was $7,362, across 4 grants on its 2025 IRS Form 990-PF.
Where does Midwest Cardiovascular Research and Education Foundation give grants?
Midwest Cardiovascular Research and Education Foundation gives mostly in Indiana: 100% of the grant dollars itemized on its 2025 IRS Form 990-PF went to recipients there. The most frequent recipient cities were South Bend, IN (2 grants).
Does Midwest Cardiovascular Research and Education Foundation give general operating support?
Yes: 100% of Midwest Cardiovascular Research and Education Foundation's 2025 grants with a stated purpose (4 of 4) were for general or operating support, per its 2025 IRS Form 990-PF.
How large is Midwest Cardiovascular Research and Education Foundation?
Midwest Cardiovascular Research and Education Foundation reported $566K in total assets on its 2025 IRS Form 990-PF. Its revenue that year was $633K.
What is Midwest Cardiovascular Research and Education Foundation?
Midwest Cardiovascular Research and Education Foundation is a private foundation focused on Medical Research, based in Elkhart, IN. It holds $566K in total assets as of 2025.
What is Midwest Cardiovascular Research and Education Foundation's EIN?
Midwest Cardiovascular Research and Education Foundation's EIN (Employer Identification Number) is 56-2394304. IRS Form 990 filing data is available on this page for 2020–2025.
Data last updated October 2026. Sourced from IRS Form 990-PF filings.
Data update history
(7)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2020 (received by the IRS September 13, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS March 10, 2022)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS March 6, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS March 28, 2025)
- Updated Form 990-PF for fiscal year 2025 (received by the IRS February 23, 2026)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS February 28, 2023)
- IRS filings on file for fiscal years 2020–2025
Live grants for the work Midwest Cardiovascular Research and Education Foundation funds
Medical Research Open opportunities, soonest deadline first.
- NSF Graduate Research Fellowship Program (GRFP) $32,000 annually plus $12,000 cost of education allowance · Due October 27, 2026
- Social, Political and Economic Inequality Grants Due October 28, 2026
- Special Initiative: Implications of the 2023 Supreme Court Decision on Race-Conscious Admissions (SCD23) Due October 28, 2026
Explore Open Grants
Browse active grant opportunities in Midwest Cardiovascular Research and Education Foundation's focus areas in our free grants database
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