Rosenfeld Heart Foundation Inc
- Assets
- $5.6m
- Revenue
- $1.6m
- Investments
- $5.4m
- Employees
- 0
- Location
- Rye Brook, NY
- Founding
- 04/1964
- Data as of
- 12/2021
- EIN
- 13-6155385
Organization Overview
Rosenfeld Heart Foundation Inc is located in Rye Brook, NY. The organization was established in 1964. 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. Rosenfeld Heart 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 12/2021, Rosenfeld Heart Foundation Inc generated $1.6m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 49.2% each year . All expenses for the organization totaled $593.1k during the year ending 12/2021. While expenses have increased by 20.4% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Rosenfeld Heart Foundation Inc has awarded 30 individual grants totaling $1,981,400. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
SUPPORTING THE STUDY OF, RESEARCH IN, AND THE DISSEMINATION AND PUBLICATION OF KNOWLEDGE CONCERNING, THE CAUSES, TREATMENT AND PREVENTION OF DISEASES OF THE HEART AND CIRCULATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
RESEARCH GRANTS - HIGHER EDUCATIONAL ORGANIZATIONS RECEIVE FUNDING FROM THE FOUNDATION TO CARRY OUT MEDICAL RESEARCH FOR THE PREVENTION OF HEART DISEASE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Stephen Rosenfeld MD President | 4 | $0 | |
Kate Rosenfeld MD Director | 2 | $0 | |
Hildi Silbert Treasurer | 4 | $0 | |
Richard W Silbert Secretary | 4 | $0 | |
Janelle Rosenfeld Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $126 |
| Dividends & Interest | $206,317 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1,344,185 |
| Capital Gain Net Income | $1,344,185 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $1,550,628 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $277 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $160 |
| Total operating and administrative expenses | $85,826 |
| Contributions, gifts, grants paid | $507,238 |
| Total expenses and disbursements | $593,064 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,237 |
| Savings and temporary cash investments | $167,010 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $5,611,862 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Rosenfeld Heart Foundation Inc has awarded $507,238 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
Dallas, TX PURPOSE: RESEARCH TO BUILD HEALTHIER LIVES, FREE OF CARDIOVASCULAR DISEASES. | $150,000 |
UNIVERSITY OF CALIFORNIA DAVIS PURPOSE: CARDIOVASCULAR RESEARCH FUND UNDER THE DEPARTMENT OF INTERNAL MEDICINE. | $132,238 |
FRIENDS OF MCGILL UNIVERSITY INC PURPOSE: SUPPORTING EDUCATIONAL EXCELLENCE AND STUDENT ADVANCEMENT | $100,000 |
Tucson, AZ PURPOSE: VALLEY FEVER CENTER FOR EXCELLENCE FUND | $100,000 |
Arlington, VA PURPOSE: RESEARCH AND INNOVATION TO IMPROVE THE NATION'S HEALTH AND QUALITY OF LIFE. | $25,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Healthcorps Inc New York, NY | $4,691,358 | $4,849,417 |
Cardiovascular Medical Research And Education Fund Inc Philadelphia, PA | $1,947,304 | $35,647 |
National Blood Clot Alliance Philadelphia, PA | $381,860 | $938,995 |
Rosenfeld Heart Foundation Inc Rye Brook, NY | $5,611,862 | $1,550,628 |
Heart Institute Of Southern New Moorestown, NJ | $7,720,548 | $711,924 |
International Society For Minimally Invasive Cardiac Surgery Beverly, MA | $896,368 | $627,772 |
Michael Wolk Heart Foundation Inc New York, NY | $2,664,426 | $597,065 |
Pulmonary Wellness Foundation Inc New York, NY | $75,369 | $282,317 |
Staten Island Heart Society Inc Staten Island, NY | $17,432 | $289,472 |
American Cardio Vascular Research Foundation Inc New York, NY | $309,604 | $80,608 |
Cardiology Associates Foundation New York, NY | $261,215 | $75,165 |
Delaware Valley Sts Quality Improvement Initiative West Chester, PA | $73,238 | $0 |