Public Charity

FOUNDATION FOR ADVANCED CARDIOVASCULAR EDUCATION AND TRAINING

FOUNDATION FOR ADVANCED CARDIOVASCULAR EDUCATION AND TRAINING is a Public Charity headquartered in PLANO, TX. Financial data from the 2024 filing: $2.0M revenue, $2.4M expenses, $548K total assets. 2 publicly reported grants to this organization, totaling roughly $37K, appear in IRS filings.

EIN: 263122805 PLANO, TX Professional Societies & Associations NTEE: F03 Latest filing: 2024
Total Revenue$2.0M
Total Expenses$2.4M
Total Assets$548K
Grant Records2
Funding Total$37K
Filing Years2020–2024

Mission

THE FOUNDATION'S TAX EXEMPT PURPOSE IS TO PROMOTE AND FACILITATE PHYSICIAN ACCESS TO QUALITY CONTINUING MEDICAL EDUCATION THROUGH FACET'S ACCREDITED CME PROGRAM. THE ACTIVITIES WILL UPDATE PHYSICIANS ON NEW DIAGNOSIS AND TREATMENT MODALITIES, IMPROVE CLINICAL SKILLS, AND IMPROVE PATIENT OUTCOMES.

Where $100 goes at Foundation for Advanced Cardiovascular Education and Training

How Foundation for Advanced Cardiovascular Education and Training divides every $100 it spends, from its own Form 990 filings, averaged across 8 years.

$67 Programs the work itself
$33 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $67 for programs

$67
The foundation provided accreditation for and supported additional continuing medical education programs in 2024 as follows:advanced heart - this program is designed to increase the participant's knowledge of…
All program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

DIRECTOR David L Brown Md
DIRECTOR Kathryn Hobbs
DIRECTOR Michael J Mack

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$27,000 1 grant
Education
$10,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $2.0M $2.4M $548K
2023 $1.4M $1.3M $941K
2022 $868K $765K $883K
2021 $754K $503K $780K
2020 $462K $562K $529K

Between 2020 and 2024, reported annual revenue grew from $462K to $2.0M (+342%), with total assets most recently reported at $548K.

Interactive year-over-year charts and full filing details available with membership.

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