THE MITRAL FOUNDATION IS a supporting organization at Mount Sinai Hospital dedicated to advancing mitral valve repair and reconstructive techniques in children and young adults around the world.
Key facts about Mitral Foundation
In short: Mitral Foundation gave $172K across 1 grant in 2024 (avg $172K), mostly in New York. Source: 2024 IRS Form 990.
- EIN
- 80-0468600
- Latest 990 filing
- Form 990, 2024
- Annual giving (2024)
- $171,577
- Grants made (2024)
- 1
- Average grant
- $171,577
- Median grant
- $171,577
- Total assets
- $8,638,357
- Primary geography
- New York (100% of itemized 2024 grant dollars)
Data from IRS Form 990, 2024; updated September 2026.
Financial Overview
From 2024 IRS Form 990 · View filing
Total Assets
$8.6M
+16.2% YoY
Annual Giving
$172K
+0.6% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$172K
+0.6% YoY
How Mitral Foundation gives
- Giving fell 33% from 2021 to 2024. Method
From the foundation's IRS Form 990 filings. Methodology.
About Mitral Foundation
Based on IRS filings
Mitral Foundation is a public charity focused on Health, based in New York, NY. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $8.6M in total assets. In 2024, it awarded 1 grant totaling $172K.
Focus Areas
Open Grants
2 open opportunities from Mitral Foundation
Ready to take the next step with Mitral Foundation?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2024 grant dollars on its one itemized grant.
States
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $171K (2023) to $377K (2022). In 2024 it made 1 grant totaling $172K.
Grant Insights
How this funder distributes its grants
Top Recipients
Top recipient in 2024
The largest 2024 recipient was Icahn School of Medicine at Mount Sinai ($172K).
Grant Size Distribution
5 grants across all recorded years
The most common grant size was in the $250–500K range: 3 grants of 5 (60%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Icahn School of Medicine at Mount Sinai New York, NY | Support for Mitral Valve Simulation PRG | $171,577 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $8,638,357 | $7,433,912 | $1,940,224 |
| Revenue | $2,089,981 | $6,366,710 | $1,480,969 |
| Expenses | $885,536 | $873,022 | $1,047,891 |
Data update history
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2020 (received by the IRS November 14, 2021)
- Updated Form 990 for fiscal year 2021 (received by the IRS November 5, 2022)
- Updated Form 990 for fiscal year 2022 (received by the IRS November 8, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS November 12, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS November 15, 2025)
- IRS filings on file for fiscal years 2020–2024
Leadership & Key People
Officers and directors from IRS filings
Mitral Foundation is led by David H. Adams MD, President on every filing since 2020; none of the 8 officers listed in 2024 report compensation.
Officers on the 2024 filing
David H. Adams MD
President
On filings since 2020
0.5 hrs/week
No compensation reported
Jurgen A. Friedrich
Chairman & Director
On filings since 2020
1 hr/week
No compensation reported
Valentin Fuster MD
Board Director
On filings since 2020
0.5 hrs/week
No compensation reported
Dennis Charney MD
Vice President
On filings since 2020
0.5 hrs/week
No compensation reported
Frederick R. Cummings Jr.
Assistant Secretary
On filings since 2020
1 hr/week
No compensation reported
Frederick Slagle
Secretary
On filings since 2020
1 hr/week
No compensation reported
Mark Kostegan Fahp
Vice President for Development
On filings since 2020
0.5 hrs/week
No compensation reported
Stephen Harvey
Treasurer
On filings since 2020
0.5 hrs/week
No compensation reported
Data from IRS Form 990 filings, 2020–2024. "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 Mitral Foundation
How much does Mitral Foundation give each year?
Mitral Foundation gave $172K across 1 grant in 2024, according to its 2024 IRS Form 990. In 2023 it gave $171K across 1 grant.
How large is Mitral Foundation?
Mitral Foundation reported $8.6M in total assets on its 2024 IRS Form 990. Its revenue that year was $2.1M.
What is Mitral Foundation?
Mitral Foundation is a public charity focused on Health, based in New York, NY. It holds $8.6M in total assets as of 2024.
Where does Mitral Foundation operate?
Mitral Foundation has awarded grants in New York.
What is Mitral Foundation's EIN?
Mitral Foundation's EIN (Employer Identification Number) is 80-0468600. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Here's the math on researching Mitral Foundation by hand.
Explore Open Grants
Browse active grant opportunities in Mitral Foundation's focus areas in our free grants database
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Mitral Foundation down — hundreds of funders to go?