Midwest Cardiovascular Research and is a private foundation focused on Medical Research, based in ELKHART, IN. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $341K in total assets. In 2024, it awarded 2 grants totaling $18K. Net investment income was $5K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$341K
-4.7% YoY
Annual Giving
$18K
+44.0% YoY
Grant Count
2
+100.0% YoY
Avg Grant Size
$9K
-28.0% YoY
About Midwest Cardiovascular Research and
Based on IRS filings
Midwest Cardiovascular Research and is a private foundation focused on Medical Research, based in ELKHART, IN. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $341K in total assets. In 2024, it awarded 2 grants totaling $18K. Net investment income was $5K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $341,252 | $357,989 | $280,009 |
| Revenue | $398,822 | $404,188 | $386,719 |
| Expenses | $415,559 | $326,208 | $320,332 |
| Qualifying Distributions | $18,000 | $12,500 | $3,500 |
| Net Investment Income | $4,686 | $3,532 | $560 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2024
Grant Size Distribution
7 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| TROY WEIRICK MD | BOARD MEMBER | 1 | — |
| WILLIAM SARNAT MD | VICE PRESIDENT | 2 | — |
| VIJAY MEHTA MD | BOARD MEMBER | 1 | — |
| DONALD WESTERHAUSEN JR MD | PRESIDENT | 4 | — |
| ANN RATHBURN-LACOPO | SECRETARY | 1 | — |
| CHARLES MATHIS MD | TREASURER | 2 | — |
| JENNIFER PIERCE RN MSN | BOARD MEMBER | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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