Heartgift Foundation
- Assets
- $2.3m
- Revenue
- $1.7m
- Investments
- $0.0
- Employees
- 9
- Location
- Austin, TX
- Founding
- 02/2001
- Data as of
- 12/2021
- EIN
- 74-2967809
Organization Overview
Heartgift Foundation is located in Austin, TX. The organization was established in 2001. 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. As of 12/2021, Heartgift Foundation employed 9 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Heartgift 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, Heartgift Foundation generated $1.7m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.0% each year. All expenses for the organization totaled $1.7m during the year ending 12/2021. While expenses have increased by 2.3% 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDES LIFESAVING HEART SURGERY TO CHILDREN FROM AROUND THE WORLD WHERE SPECIALIZED MEDICAL TREATMENT IS EITHER SCARCE OR NONEXISTENT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDES LIFESAVING HEART SURGERY TO CHILDREN FROM AROUND THE WORLD WHERE SPECIALIZED MEDICAL TREATMENT IS EITHER SCARCE OR NONEXISTENT. MAJOR PROGRAM COSTS INCLUDE THE COST OF THE MEDICAL TREATMENTS AND THE TRANSPORT AND CARE COSTS FOR THE CHILDREN AND THEIR FAMILY DURING TREATMENT. NON-CASH RELATED DONATIONS OF MEDICAL SERVICES, MEDICAL FACILITIES, AND OTHER SERVICES TOTALED APPROXIMATELY $3,133,318 IN 2021. BEGINNING IN 2017, THE ORGANIZATION PROVIDED INTERNATIONAL FUNDING FOR PHYSICIANS TRAVELING TO BOLIVIA TO PERFORM HOSPITAL SERVICES. THE FUNDING WAS TO COVER EXPENSES FOR TRAVEL, HOTEL, AND MEDICAL EQUIPMENT. STRATEGICALLY, HEARTGIFT INTENDED TO REVIEW ITS MISSION EXPANSION OPPORTUNITIES INTERNATIONALLY; HOWEVER, THAT PLAN WAS RESERVED FOR EXPLORATION IN 2022. IN MARCH 2020, AFTER THE COVID-19 PANDEMIC HIT, HEARTGIFT WORKED COLLABORATIVELY WITH THEIR INTERNATIONAL AID PARTNERS TO DEVISE A NEW STRATEGY TO PROVIDE LIFE- SAVING HEART SURGERIES TO CHILDREN AROUND THE WORLD, CLOSER TO THEIR HOME, IN THEIR OWN COUNTRY. AS A RESULT, THE INTERNATIONAL GRANT PROGRAM WAS ESTABLISHED. THROUGH THIS GRANT PROGRAM, HEARTGIFT IS NOW ABLE TO CONTINUE TO HELP SAVE CHILDREN BY FUNDING LIFE-SAVING HEART SURGERIES AND PROCEDURES AS REFERRED BY THEIR INTERNATIONAL PARTNERS IN VARIOUS COUNTRIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Christy Casey-Moore CEO | Officer | 40 | $156,307 |
Maryann Bell Chair | OfficerTrustee | 1 | $0 |
Bryan Burkhart Treasurer | OfficerTrustee | 1 | $0 |
Jeff Woodham Secretary | OfficerTrustee | 1 | $0 |
Stephen Garrison Vice Chair | OfficerTrustee | 1 | $0 |
Jessica Bess Member At Large | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $66,802 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $817,783 |
| Noncash contributions included in lines 1a–1f | $66,802 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $884,585 |
| Total Program Service Revenue | $0 |
| Investment income | $8,004 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $3,000 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $639,670 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,675,259 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $592,614 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $167,482 |
| Compensation of current officers, directors, key employees. | $22,030 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $397,680 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $107,225 |
| Payroll taxes | $51,778 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $14,350 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $101,420 |
| Advertising and promotion | $2,152 |
| Office expenses | $88,515 |
| Information technology | $55,947 |
| Royalties | $0 |
| Occupancy | $39,151 |
| Travel | $11,201 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $38,520 |
| All other expenses | $0 |
| Total functional expenses | $1,670,206 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $208,282 |
| Savings and temporary cash investments | $2,081,035 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $8,427 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,297,744 |
| Accounts payable and accrued expenses | $33,875 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $33,875 |
| Net assets without donor restrictions | $2,263,869 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $2,297,744 |
Grants Recieved
Over the last fiscal year, we have identified 17 grants that Heartgift Foundation has recieved totaling $264,772.
| Awarding Organization | Amount |
|---|---|
Morgan Stanley Global Impact Funding Trust Inc Indianapolis, IN PURPOSE: UNRESTRICTED GENERAL SUPPORT | $57,500 |
The Greater New Orleans Foundation New Orleans, LA PURPOSE: HEALTH | $36,672 |
Myer Family Charitable Foundation Spicewood, TX PURPOSE: CHARITABLE | $35,000 |
Charlies Heart Foundation Matthews, NC PURPOSE: TO SUPPORT GENERAL OPERATIONS | $25,000 |
Nancy E Barton Foundation Pennington, NJ PURPOSE: UNRESTRICTED GENERAL | $15,000 |
E J & Marjory B S Ourso Family Foundation Donaldsonville, LA PURPOSE: HUMAN SVCS. | $15,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Texas Heart Medical Group Houston, TX | $3,141,815 | $13,763,716 |
Hope For The Heart Plano, TX | $3,793,653 | $4,931,558 |
Harry S Moss Heart Trust Dallas, TX | $51,681,296 | $11,982,166 |
Heartgift Foundation Austin, TX | $2,297,744 | $1,675,259 |
Global Heart Education And Research Foundation New Orleans, LA | $474,524 | $1,157,658 |
New Heart Inc Albuquerque, NM | $3,177,749 | $999,578 |
Heart Of Texas Builders Association Waco, TX | $208,413 | $663,605 |
Texas Society Of Plastic Surgeons Austin, TX | $281,261 | $297,439 |
Texas Central Hemophilia Assoc Inc Dallas, TX | $154,037 | $308,762 |
Heart To Heart Pregnancy Support Center Fort Smith, AR | $785,686 | $263,545 |
Heart Of Arkansas Travel Assn Inc Little Rock, AR | $85,878 | $201,179 |
Interamerican Heart Foundation Inc Dallas, TX | $238,158 | $103,394 |