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Twin Cities Heart Foundation

EIN 41-2016735 · Minneapolis, MN

Public records show a registered, tax-exempt organization in good standing.

LegitimacyPassesRegistration and standingFinancial healthNot ratedToo small or too little detailGovernanceFair69 out of 100Impact evidenceDescribes programsHow well its results are evidenced

What it says it does

INVESTIGATE WAYS TO MAKE REMOTE COMMUNICATIONS AND MONITORING OF PATIENTS COST EFFECTIVE AND PRACTICAL. THIS INCLUDES EVALUATION OF BOTH TRADITIONAL AND NOVEL USES OF VARIOUS AUDIO, VIDEO AND DATA ACQUISITION SYSTEMS FOR COMMUNICATION AND MONITORING OF PATIENTS (I.E. TELEMEDICINE, VIDEOCONFERENCING, AND OTHER AUDIO, VIDEO AND DATA ACQUISITION AND SURVEILLANCE SYSTEMS.), AS WELL AS EVALUATING THE INDIVIDUAL PATIENT AND PUBLIC HEALTH IMPACT OF THE SIDE EFFECTS OF VARIOUS DRUGS AND DEVICES AND PERFORMING CARDIAC RESEARCH THAT LEADS TO A BETTER UNDERSTANDING OF CARDIAC DISEASE DIAGNOSIS, PREVENTION AND/OR TREATMENT. PRESENTLY, MUCH OF THIS RESEARCH INVOLVES NONSURGICAL INTERVENTIONS AND TREATMENT OF VALVULAR HEART DISEASE.

Income
$86,264
Spending
$41,491
Spent on programs
38%
Reserves
Over 10 years of spending
Largest source of income
investment income, 50%
Employees
0
Volunteers
8

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Financial health

We do not score finances when yearly spending is very small or the return has too little detail. The ratios stop meaning much at that size.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Governance

Fair: 69 out of 100. Higher than 57% of charities in its peer group (medical research, under $250k).

  • Independent board

    25 of 25

    8 of 8 voting board members are independent.

  • Conflict of interest policy

    15 of 15

    Has a written conflict of interest policy.

  • Whistleblower policy

    0 of 8

    Reports no written whistleblower policy.

  • Record keeping policy

    0 of 7

    Reports no written policy on keeping and destroying records.

  • Board minutes

    5 of 5

    Keeps minutes of board meetings.

  • Board sees the tax return

    0 of 10

    Did not give the board a copy of this return before filing it.

  • No reported misuse

    10 of 10

    Reports no diversion of assets, excess benefits or loans to insiders.

Source: Form 990 for the year ending December 31, 2024, 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)
  1. $15,685 spent. RESEARCH PROJECTS: THE TWIN CITIES HEART FOUNDATION (TCHF) MISSION IS CARDIOVASCULAR RESEARCH AND EDUCATION. THE ORGANIZATION HAS ONGOING RESEARCH PROJECTS AND PUBLICATIONS. TELEMEDICINE & INFORMATION SYSTEMS: THE TWIN CITIES HEART FOUNDATION CONTINUES TO ASSESS THE ROLE OF TELEMEDICINE, ALONG WITH OTHER REMOTE MONITORING AND INFORMATION SYSTEMS, IN THE EVALUATION, DIAGNOSIS, MONITORING AND TREATMENT OF CARDIOVASCULAR PATIENTS. THE TWIN CITIES HEART FOUNDATION ALSO CONTINUES TO EVALUATE THE ROLE THAT TELEMEDICINE (ALONG WITH OTHER MONITORING AND INFORMATION SYSTEMS) HAS IN ALLOWING THE ELDERLY CARDIOVASCULAR PATIENT TO ADEQUATELY CARE FOR THEMSELVES OUTSIDE OF A NURSING HOME. PUBLIC HEALTH RISK OF MEDICAL DEVICES AND DRUGS: THE TWIN CITIES HEART FOUNDATION CONTINUES TO EVALUATE THE PUBLIC HEALTH RISK OF VARIOUS CHEMICALS, DRUGS AND/OR MEDICAL DEVICES. THE ORGANIZATION DOES THIS THROUGH COLLABORATION WITH ST LOUIS UNIVERSITY MEDICAL SCHOOL AND UNIVERSITY OF MINNESOTA MEDICAL SCHOOL AND OTHERS.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Legitimacy checks

  1. 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 September 7, 2026.

  2. Has the IRS revoked its tax-exempt status? Passed.

    Not on the IRS automatic revocation list.

    Source: Automatic revocation of exemption list, Internal Revenue Service, file dated September 30, 2026.

  3. 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 September 10, 2026.

  4. Is it keeping up with its IRS filings? Passed.

    Most recent return on file covers the year ending December 2024.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.

  5. How long has it been tax-exempt? Passed.

    Recognized by the IRS since December 2001.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.

  6. Is it in good standing with state regulators? Passed.

    Not on California's list of charities barred from soliciting. Other states are not yet checked.

    Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 7, 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.