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Cardiovascular Research Foundation

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 521752653 ✦ New york, NY ✦ Designated as a 501(c)(3)

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Overview

What is Cardiovascular Research Foundation?

The Cardiovascular Research Foundation (CRF) is a New York-based, academically-focused nonprofit organization dedicated to enhancing the survival and improving the quality of life for individuals suffering from heart and vascular diseases. With a team of over 200 employees, CRF focuses on conducting clinical trials from the initial stages to large, international studies. They specialize in designing trials, event adjudication, data and safety monitoring, and biostatistical services. CRF's research has led to significant advancements in the field, contributing to numerous articles published annually in renowned medical and scientific journals. By fostering innovation, investigation, and education, CRF continues to make a substantial impact on the global medical community.


Official website here: www.crf.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 91% (Four-Star out of Four Stars)

The Cardiovascular Research Foundation has received a commendable Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. The rating is based on a single beacon score, indicating a focus on transparency and responsible financial practices. This high score demonstrates the organization's commitment to maintaining high standards in governance and financial management.

Strengths identified include a majority of independent board members, comprehensive audit and oversight measures, and robust policies for conflict of interest and whistleblowing. Notably, the foundation has effectively managed its financial resources, with an impressive program expense ratio of 86.17%, indicating that a significant portion of its funds is allocated directly to its programs and mission.

One limitation noted is the liabilities to assets ratio of 57.03%, which suggests a moderate level of liabilities compared to its assets. While this is not a critical concern, it may indicate areas for further financial strengthening. Overall, the foundation is well-regarded for its governance and commitment to its mission in cardiovascular research.


This AI summary has been generated from information found on Charity Navigator.

Is Cardiovascular Research Foundation legitimate?

Cardiovascular Research Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cardiovascular Research Foundation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $1,920,535
Professional Fundraising Fees: $0
Other Salaries and Wages: $18,286,856

For more financial information, click here


Official website here: www.crf.org

What is the mission statement of Cardiovascular Research Foundation?

The Cardiovascular Research Foundation is a non-profit organization dedicated to enhancing the survival and improving the quality of life for individuals battling heart and vascular diseases. Through innovation, investigation, and education, the foundation strives to make a significant impact in the cardiovascular medical community. The organization excels in conducting clinical trials, from initial studies to large international investigations, which aim to uncover valuable insights that can elevate the standard of care in cardiovascular medicine. The Cardiovascular Research Foundation Faculty publishes approximately 300 articles yearly in respected medical and scientific journals, disseminating the latest research findings worldwide.


Official website here: www.crf.org

Who is the CEO of Cardiovascular Research Foundation?

Juan Fgranada is the Principal Officer of Cardiovascular Research Foundation. The CEO's salary of Cardiovascular Research Foundation is $913,707 and their total compensation is $979,380.


Official website here: www.crf.org

What is the revenue of Cardiovascular Research Foundation?

Cardiovascular Research Foundation's revenue in 2022 was $61,324,834.


Official website here: www.crf.org

Who are the executives of Cardiovascular Research Foundation and what are their salaries?

The average compensation at Cardiovascular Research Foundation during 2022 was $93,122. There are 217 employees and 11 volunteers at Cardiovascular Research Foundation.


Here are 19 key members and their salaries (Cardiovascular Research Foundation's CEO's salary is $913,707 and their total compensation is $979,380):


Colette Y Gardner (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eric A Rose Md (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eric B Woldenberg Esq (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Frank Litvack Md (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeffrey W Moses Md (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joseph G Beck (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Juan F Granada (President & Ceo)
  • Compensation: $913,707
  • Related: $0
  • Other: $65,673
Karen G Krasney Esq (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marvin L Woodall (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steven Hochberg (Outgoing Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Teresa Leste (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
William A Himmelsbach (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Donald L Abrams Esq (Chief Legal Officer & Secretary)
  • Compensation: $457,262
  • Related: $0
  • Other: $25,717
Eileen Morales (Treasurer & Cfo)
  • Compensation: $422,333
  • Related: $0
  • Other: $35,843
Daniel Burkhoff (Director Of Heart Failure)
  • Compensation: $315,893
  • Related: $0
  • Other: $52,939
David Cohen (Director Of Clinical & Outcomes)
  • Compensation: $704,090
  • Related: $0
  • Other: $27,000
Grzegorz L Kaluza (Director Research)
  • Compensation: $305,261
  • Related: $0
  • Other: $65,678
Ori Ben-Yehuda Md (Executive Director, Ctc)
  • Compensation: $543,855
  • Related: $0
  • Other: $67,884
Tricia Rawh (Executive Director, Ced)
  • Compensation: $381,210
  • Related: $0
  • Other: $20,512


Official website here: www.crf.org

Where can I find the form 990 for Cardiovascular Research Foundation?

Cardiovascular Research Foundation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.crf.org

Learn more at the official website: www.crf.org

Mission Statement of Cardiovascular Research Foundation

The Cardiovascular Research Foundation (CRF) is a distinguished academic research organization dedicated to enhancing the survival and improving the quality of life for those afflicted with heart and vascular diseases. Through innovation, investigation, and education, CRF strives to help medical professionals deliver better care to patients in the field of cardiovascular medicine.

The CRF Clinical Trials Center (CTC) is the primary vehicle through which CRF achieves its mission. This center plans and executes clinical investigations ranging from first-in-man studies to large, multicenter international trials. The CTC specializes in trial design, event adjudication, data and safety monitoring, and biostatistical services. Faculty members at CRF author over 300 articles annually in prestigious medical and scientific journals, sharing the latest research findings with the global medical community. These contributions significantly advance the understanding and treatment of cardiovascular diseases.

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Impact




October, 2024

The Cardiovascular Research Foundation significantly impacts the landscape of cardiovascular health by focusing on innovative research and education. By advancing the understanding and application of new technologies and therapies in interventional cardiology and endovascular medicine, the organization has contributed to substantial improvements in patient survival rates and quality of life.

Through its Clinical Trials Center, the foundation plans and executes a wide range of clinical investigations, from early-phase studies to large, multicenter international trials. This rigorous research framework helps to inform best practices and elevate the standard of care in cardiovascular medicine. The center's expertise encompasses trial design, event adjudication, and data monitoring, ensuring that findings are reliable and relevant.

Furthermore, the foundation's faculty members actively contribute to the scientific community by publishing over 300 articles annually in prestigious medical journals. These publications disseminate cutting-edge research, facilitating knowledge transfer and fostering advancements in cardiovascular care globally. Overall, the Cardiovascular Research Foundation plays a crucial role in transforming the approach to heart and vascular diseases through education, innovation, and thorough investigation.




This information is meant to be a general summary of Cardiovascular Research Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$61,324,834 (2022)
Expenses
$57,291,678 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $655,628
  • Program Service Revenue: $52,856,326
  • Gross Receipts: $65,504,029

Assets and Liabilities:

  • Total Assets: $76,093,334
  • Total Liabilities: $43,397,873
  • Net Assets: $32,695,461

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

INVESTIGATIONAL RESEARCH

Revenue

$28,710,766

EDUCATION & TRAINING

Revenue

$24,145,560

Organization Details

Founding Year

1991

Principal Officer

Juan Fgranada

Main Address

1700 BROADWAY, NEW YORK, NY, 10019

NTEE Category

Code: H20Z - Medical research

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