East Tennessee Cardiovascularresearch Foundation
- Assets
- $1.6m
- Revenue
- $52.9k
- Investments
- $1.6m
- Employees
- 0
- Location
- Knoxville, TN
- Founding
- 11/2006
- Data as of
- 12/2022
- EIN
- 20-5911602
Organization Overview
East Tennessee Cardiovascularresearch Foundation is located in Knoxville, TN. The organization was established in 2006. According to its NTEE Classification (H99) the organization is classified as: Medical Research N.E.C., 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. East Tennessee Cardiovascularresearch Foundation 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 12/2022, East Tennessee Cardiovascularresearch Foundation generated $52.9k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 9.6% each year. All expenses for the organization totaled $144.7k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, East Tennessee Cardiovascularresearch Foundation has awarded 56 individual grants totaling $750,657. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Malcolm T Foster III MD President | 0 | $0 | |
Steve Reed MD Trustee | 0 | $0 | |
Barry I Michelson MD Secretary | 0 | $0 | |
Clint Doiron MD Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $28,074 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $21,338 |
| Capital Gain Net Income | $21,338 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $3,527 |
| Total Revenue | $52,939 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $311 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $14,919 |
| Printing and publications | $0 |
| Other expenses | $33,989 |
| Total operating and administrative expenses | $53,464 |
| Contributions, gifts, grants paid | $91,250 |
| Total expenses and disbursements | $144,714 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $8,376 |
| Savings and temporary cash investments | $0 |
| 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 | $1,593,091 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $1,601,467 |
| 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, East Tennessee Cardiovascularresearch Foundation has awarded $91,250 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
CHADASHA FOUNDATION PURPOSE: SUPPORT HEART SURGERY IN JIMANI FOR HAITIAN CHILDREN. | $40,000 |
HELEN ROSS MCNABB FOUNDATION PURPOSE: TO SUPPORT THE MISSION OF MENTAL HEALTH CARE IN EAST TENNESSEE | $1,250 |
KNOXVILLE YOUTH ATHLETICS PURPOSE: SUPPORT HEALTH AND WELLNESS THROUGH TRACK AND FIELD PROGRAMS IN KNOX COUNTY MIDDLE SCHOOLS. | $10,000 |
UT FOUNDATION PURPOSE: SUPPORT THE MISSON OF HIGHER EDUCATION IN THE STATE OF TENNESSEE | $5,000 |
VANDERBILT UNIVERSITY PURPOSE: SUPPORT THE MISSON OF HIGHER EDUCATION IN THE STATE OF TENNESSEE | $15,000 |
KNOXVILLE MUSEUM OF ART PURPOSE: TO SUPPORT ART COMMUNITY OF EAST TENNESSEE | $5,000 |