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 represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (36.1%) each year. All expenses for the organization totaled $20.9m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2019, Leducq Foundation For Cardiovascular Research has awarded 369 individual grants totaling $88,337,569. 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 |
|---|---|---|
Brandywine Global Investment Management Llc | 12/30/20 | $113,326 |
Cambridge Associates Llc | 12/30/20 | $117,877 |
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 $23,781,051 in support to 111 organizations.
| Grant Recipient | Amount |
|---|---|
AACHEN UNIVERSITY PURPOSE: GENERAL SUPPORT | $27,293 |
AARHUS UNIVERSITY PURPOSE: GENERAL SUPPORT | $164,546 |
ALBERT EINSTEIN COLLEGE OF MEDICINE PURPOSE: GENERAL SUPPORT | $218,853 |
AMC MEDICAL RESEARCH BV PURPOSE: GENERAL SUPPORT | $309,683 |
AMSTERDAM UNIVERSITY MEDICAL CENTER PURPOSE: GENERAL SUPPORT | $129,730 |
BIOMEDICAL RESEARCH FOUNDATION ACADEMY OF ATHENS PURPOSE: GENERAL SUPPORT | $89,229 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Texas Heart Institute Houston, TX | $239,276,429 | $28,297,437 |
Leducq Foundation For Cardiovascular Research Houston, TX | $65,970,226 | $8,208,035 |
Oklahoma Heart Hospital Research Foundation Oklahoma City, OK | $1,604,034 | $1,053,193 |
Johnsie & Aubary Montgomeryinstitute Of Med Edu & Research Inc Houston, TX | $1,457,568 | $457,435 |
Oklahoma Heart Research And Education Foundation Tulsa, OK | $877,972 | $790,087 |
Championship Hearts Foundation Austin, TX | $41,799 | $285,547 |
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 | $116,840 | $2,781 |
Cardiopulmonary Research Science and Technology Institute Dallas, TX | $217,260 | $0 |
Houston Shock Symposium Houston, TX | $0 | $0 |