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
Among its reported 2024 grants, the largest include Indiana University Foundation ($12,500), Egh Cardiac Medication Fund ($5,500).
| Recipient | Purpose | Amount |
|---|---|---|
| INDIANA UNIVERSITY FOUNDATION BLOOMINGTON, IN | GENERAL PURPOSES | $12,500 |
| EGH CARDIAC MEDICATION FUND ELKHART, IN | GENERAL PURPOSES | $5,500 |
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
Frequently Asked Questions
What is Midwest Cardiovascular Research and?
Midwest Cardiovascular Research and is a private foundation focused on Medical Research, based in ELKHART, IN. It holds $341K in total assets as of 2024.
How large is Midwest Cardiovascular Research and?
As of 2024, Midwest Cardiovascular Research and holds $341K in total assets with $399K in annual revenue. It awarded 2 grants totaling $18K in 2024.
Where does Midwest Cardiovascular Research and operate?
Midwest Cardiovascular Research and has awarded grants in Indiana.
What size grants does Midwest Cardiovascular Research and award?
In 2024, Midwest Cardiovascular Research and awarded 2 grants totaling $18K — an average of about $9K per grant, based on its IRS Form 990 filings.
What is Midwest Cardiovascular Research and's EIN?
Midwest Cardiovascular Research and's EIN (Employer Identification Number) is 56-2394304. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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