American Cardio Vascular Research Foundation Inc

Organization Overview

American Cardio Vascular Research Foundation Inc is located in New York, NY. The organization was established in 1988. According to its NTEE Classification (H43) the organization is classified as: Heart & Circulatory System Diseases & Disorders Research, under the broad grouping of Medical Research and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. American Cardio Vascular Research Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 09/2021, American Cardio Vascular Research Foundation Inc generated $80.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (4.9%) each year. All expenses for the organization totaled $80.9k during the year ending 09/2021. As we would expect to see with falling revenues, expenses have declined by (24.4%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

SUPPORT CLINICAL AND EXPERIMENTAL SCIENTIFIC INVESTIGATIONS OF THE CAUSES OF AND TREATMENTS FOR HEART DISEASE.

Describe the Organization's Program Activity:

Part 3 - Line 4a

STATISTICAL RESEARCH RELATED TO THE CAUSES OF AND TREATMENTS FOR HEART DISEASE.


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Board, Officers & Key Employees

Name (title)Compensation
Sara Brook
President
$0
Michael Lobel
Sec/treas
$0
Jeannie Schiavone
Vice President
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$26,703
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$26,703
Total Program Service Revenue$0
Investment income $6,065
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $34,740
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $80,608

Grants Awarded

Over the last fiscal year, American Cardio Vascular Research Foundation Inc has awarded $82,000 in support to 2 organizations.

Grant RecipientAmount

STATE UNIVERSITY OF NEW YORK DOWNSTATE MEDICAL CENTER & COLLEGE OF MEDICINE

Org PageRecipient Profile

Brooklyn, NY

PURPOSE: GRANTS WERE AWARDED TO THE HEALTH SCIENCE CENTER BROOKYLN (HSCB) OF THE STATE UNIVERSITY OF NEW YORK (SUNY) DOWNSTATE MEDICAL CENTER AND COLLEGE OF MEDICINE TO COVER SALARY COSTS OF RESEARCH PERSONNEL.

$72,000

HEART VALVE SOCIETY (INTERNATIONAL)

Org PageRecipient Profile

Beverly, MA

PURPOSE: GRANTS WERE AWARDED TO THE HEART VALVE SOCIETY (INTERNATIONAL) TO COVER EDUCATIONAL AND TRAVEL EXPENSES TO FOSTER SCIENTIFIC INVESTIGATIONS OF THE CAUSES OF AND TREATMENTS FOR HEART DISEASE.

$10,000
View Grant Profile

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