Leducq Foundation For Cardiovascular Research
- Assets
- $66.0m
- Revenue
- $8.2m
- Investments
- $60.3m
- Employees
- 0
- Location
- Houston, TX
- Founding
- 04/2012
- Data as of
- 12/2021
- EIN
- 45-4696263
Organization Overview
Leducq Foundation For Cardiovascular Research is located in Houston, TX. The organization was established in 2012. 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. Leducq Foundation For Cardiovascular Research 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, Leducq Foundation For Cardiovascular Research generated $8.2m in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 61.8% each year . All expenses for the organization totaled $20.9m during the year ending 12/2021. While expenses have increased by 8.8% per year over the past 4 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 2019, Leducq Foundation For Cardiovascular Research has awarded 258 individual grants totaling $64,556,518. 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 |
|---|---|---|---|
David Tancredi President & Director | 10 | $0 | |
Martin Landaluce Vice President & Director | 10 | $0 | |
James Floyd Secretary-Treasurer/direct | 1 | $0 | |
Rosemary Mc Greevy Assistant Secretary | 4 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Cambridge Associates Llc | 12/30/20 | $117,877 |
Brandywine Global Investment Management Llc | 12/30/20 | $113,326 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $595,657 |
| Interest on Savings | $2,469 |
| Dividends & Interest | $272,877 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$330,083 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $7,667,115 |
| Total Revenue | $8,208,035 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $3,254 |
| Taxes | $147,658 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $254,474 |
| Total operating and administrative expenses | $537,504 |
| Contributions, gifts, grants paid | $20,359,378 |
| Total expenses and disbursements | $20,896,882 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $8,219 |
| Savings and temporary cash investments | $5,709,232 |
| 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 | $60,252,716 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $59 |
| Total assets | $65,970,226 |
| Accounts payable and accrued expenses | $75,369 |
| 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 | $75,369 |
Grants Awarded
Over the last fiscal year, Leducq Foundation For Cardiovascular Research has awarded $20,359,378 in support to 109 organizations.
| Grant Recipient | Amount |
|---|---|
FONDATION LEDUCQ PURPOSE: SUPPORT INTERNATIONAAL EFFORTS TO COMBAT CARDIOVASCULAR AND NEUROVASCULAR DISEASE | $1,600,000 |
STANFORD UNIVERSITY PURPOSE: GENERAL SUPPORT | $874,671 |
UT SOUTHWESTERN MEDICAL CENTER AT DALLAS PURPOSE: GENERAL SUPPORT | $780,087 |
NETHERLANDS HEART INSTITUTE PURPOSE: GENERAL SUPPORT | $706,208 |
YALE UNIVERSITY PURPOSE: GENERAL SUPPORT | $591,998 |
La Jolla, CA PURPOSE: GENERAL SUPPORT | $527,444 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Texas Heart Institute Houston, TX | $283,896,438 | $58,909,835 |
Leducq Foundation For Cardiovascular Research Houston, TX | $65,970,226 | $8,208,035 |
Oklahoma Heart Hospital Research Foundation Oklahoma City, OK | $1,593,414 | $1,143,021 |
Johnsie & Aubary Montgomeryinstitute Of Med Edu & Research Inc Houston, TX | $940,251 | $444,645 |
Oklahoma Heart Research And Education Foundation Tulsa, OK | $380,422 | $410,637 |
Championship Hearts Foundation Austin, TX | $19,949 | $292,532 |
Interventional Cardiology Research Foundation Metairie, LA | $1,734,129 | $181,595 |
Housten Center For Vascular Health Houston, TX | $69,087 | $0 |
Coastal Heart Foundation San Antonio, TX | $117,119 | $8,564 |
Cardiopulmonary Research Science and Technology Institute Dallas, TX | $217,260 | $0 |