National Cardiavascular Research Foundation
- Assets
- $5.9m
- Revenue
- $1.1m
- Investments
- $5.8m
- Employees
- 0
- Location
- Los Angeles, CA
- Founding
- 08/1989
- Data as of
- 12/2021
- EIN
- 95-3939017
Organization Overview
National Cardiavascular Research Foundation is located in Los Angeles, CA. The organization was established in 1989. According to its NTEE Classification (G43) the organization is classified as: Heart & Circulatory System Diseases & Disorders, under the broad grouping of Voluntary Health Associations & Medical Disciplines and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. National Cardiavascular Research 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 12/2021, National Cardiavascular Research Foundation generated $1.1m in total revenue. All expenses for the organization totaled $363.6k during the year ending 12/2021. While expenses have increased by 59.0% 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
CONTRIBUTION TO CEDARS-SINAI HOSPITAL
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Stephen R Corday MD President | 0 | $0 | |
Marion Corday Sec/treas | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $4 |
| Dividends & Interest | $125,758 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $993,202 |
| Capital Gain Net Income | $993,202 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $1,118,964 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $9,146 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $41,952 |
| Total operating and administrative expenses | $53,598 |
| Contributions, gifts, grants paid | $310,000 |
| Total expenses and disbursements | $363,598 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $146,596 |
| 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 | $1,937,248 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $5,907,958 |
| 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, National Cardiavascular Research Foundation has awarded $310,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
CEDAR SINAI HEART INSTITUTE PURPOSE: GENERAL FUND | $200,000 |
UCLA PURPOSE: UCLA CARDIOLOGY RESEARCH SUPPORT | $110,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Immaculate Heart Community Los Angeles, CA | $35,264,849 | $2,919,669 |
Hearthstone Housing Foundation Newport Beach, CA | $17,283,954 | $2,067,096 |
Arizona Heart Foundation Inc Phoenix, AZ | $1,160,440 | $1,577,723 |
Sacred Heart Retreat House Inc Alhambra, CA | $1,718,839 | $1,290,961 |
Stroke Recovery Center Palm Springs, CA | $3,020,560 | $1,080,068 |
Guardaheart Irvine, CA | $33,019 | $621,008 |
Eastern Vascular Society Inc Lake Oswego, OR | $952,514 | $661,234 |
National Cardiavascular Research Foundation Los Angeles, CA | $5,907,958 | $1,118,964 |
Breast Cancer Solutions Lake Forest, CA | $104,601 | $312,353 |
Childrens Heart Foundation Las Vegas, NV | $715,179 | $452,734 |
Western Cardiac Foundation Sherman Oaks, CA | $4,721,484 | $325,511 |
Stroke Awareness Foundation Campbell, CA | $355,273 | $246,722 |