Heart Disease Research Foundation
Public records raise at least one point you should look into before giving.
What it says it does
PURSUANT TO THE DEED OF TRUST, DATED JANUARY 12, 1961, THE FOUNDATION'SPURPOSE IS UPLIFTING AND THE UPBUILDING OF THE UNFORTUNATE, THEAMELIORATION OF THE SUFFERINGS OF THE AFFLICTED, THE ENCOURAGEMENT,IMPROVEMENT AND BETTERMENT OF MANKIND, THE DISCOVERY OF THE CAUSES ANDCURES OF THOSE DISEASES THAT PRESENTLY AFFLICT MANKIND, PARTICULARLY, BUTNOT LIMITED TO DISEASES OF THE HEART AND RELATED DISEASES.
- Income
- $61,837
- Spending
- $390,963
- Spent on programs
- 87%
- Reserves
- Over 10 years of spending
- Largest source of income
- investment income, 67%
- Employees
- 0
Source: Form 990 for the year ending February 28, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Good: 70 out of 100. Higher than 39% of charities in its peer group (medical research, under $250k).
Reserves
35 of 35Spendable reserves would cover more than ten years of spending.
Debt
20 of 20It owes 0% of what it owns.
Living within its means
0 of 15Spending exceeded income by 532% of income.
Income trend
0 of 15Income fell 83% on the year before.
Spending floor
15 of 1587% of spending went to programs and raising each dollar of donations cost 0 cents.
Source: Form 990 for the year ending February 28, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Strong: 90 out of 100. Higher than 82% of charities in its peer group (medical research, under $250k).
Independent board
25 of 256 of 7 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
0 of 8Reports no written whistleblower policy.
Record keeping policy
7 of 7Has a written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending February 28, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (1)
- $339,630 spent. PURSUANT TO THE DEED OF TRUST, DATED JANUARY 12, 1961, THE FOUNDATION IS IDENTIFYINGORGANIZATIONS THAT ARE PROVIDING HEALTH CARE AND EDUCATION TO UNDERSERVED COMMUNITIES WITH A FOCUS ON CARDIOVASCULAR DISEASES AND RELATED ILLNESSES. THE FOUNDATION INTENDS TO PARTNER WITH THESE ORGANIZATIONS TO PROVIDE FUNDING, GRANTS, OR OTHER RESOURCES NEEDED TO HELP THE ORGANIZATION CONTINUE TO MAKE AN IMPACT IN THE COMMUNITY. THE FOUNDATION IS ALSO EVALUATING OPPORTUNITIES TO SUPPORT STUDENTS, ACADEMICS, OR SPECIFIC PROGRAMS IN RESEARCH BASED MEDICAL SCHOOLS.
Source: Form 990 for the year ending February 28, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Worth knowing.
Status was revoked on July 15, 2012 for not filing returns for three years, and reinstated on July 15, 2012.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated November 6, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending February 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since August 2021.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Caution.
California's Attorney General lists its registration as revoked as of February 28, 2005. Organizations on this list may not solicit donations in California.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated November 4, 2026.
Could it be confused with another charity? Worth knowing.
A much larger organization has a similar name: Alzheimers Disease Research Foundation (Wellesley Hls, MA), EIN 52-2396428. If that is the one you meant, check the EIN before giving.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.