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Wisconsin · Nonprofit

FOUNDATION FOR HEART SCIENCE LTD

FOUNDATION FOR HEART SCIENCE LTD (Wisconsin) receives grants from 5 organizations whose IRS filings report $42,500 to it, the largest being SCHOEN FAMILY CHARITABLE TRUST ($18,500). 3 of them have funded it in more than one year.

Revenue FY2025
$65k
Funders on record
5
Grants received
$43k
Net assets
$1.0M
3/5 repeat funderspeak grant-dependency 1%
01What it does

What Foundation for Heart Science Ltd does

Mission

The foundation for heart science is a not-for-profit corporation established in the state of wisconsin for the purpose of supporting research into the effective treatment and cure of congenital and acquired heart disease.

As stated on its FY2025 Form 990.

Program

  1. To provide funds for research

    $128,442 spentof which $126,875 as grants
    100% of program spending

The program described on its FY2025 Form 990. Program spending in total: $128,442.

02The organization over time

The organization over time

Each line starts at 100 in 2023, so what you read is the shape rather than the size: 150 means half as much again as 2023, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20232023 Revenue 100 ($904k) Expenses 100 ($33k) Net assets 100 ($871k)2024 Revenue 43 ($386k) Expenses 630 ($207k) Net assets 121 ($1.0M)2025 Revenue 7 ($65k) Expenses 444 ($146k) Net assets 118 ($1.0M)
202320242025
Revenue (7)Expenses (444)Net assets (118)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2023 to 2024, from $871k to $1.0M (+21%).

$871k
$1.0M
$1.0M
202320242025
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2023
2024
2025
ContributionsProgram revenueInvestmentOther

15% of FOUNDATION FOR HEART SCIENCE LTD’s revenue is contributions — more earned-revenue than three-quarters of its peers (100% for the typical peer).

This organization
Typical peer · 12,214 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 1 of the last 3 reported years ran a deficit.

$871k
’23
$179k
’24
−$81k
’25
84
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

202320242025
Listed555
Joined·+0+0
No longer listed·00
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 1 funder to 2 funders, grant income rose $2k → $5k.

From the IRS filings of FOUNDATION FOR HEART SCIENCE LTD’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

FOUNDATION FOR HEART SCIENCE LTD leans on a few funders — its largest provides 44% of grant income and the top three 88%; half comes from just 2 funders.

the vertical line marks half of all grant income — 2 funders to its left

44%
largest funder
88%
top three
~3
effective funders

Largest funder’s share by year: 2017 100% · 2018 100% · 2019 71% · 2021 43% · 2022 71% · 2023 56% — diversifying over time.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

FOUNDATION FOR HEART SCIENCE LTD draws 55% of its grant income from funders outside Wisconsin, across 3 states in all.

WI
TN
FL

In-state vs out-of-state, by year

’17
’18
’19
’21
’22
’23
Wisconsin out of state home

Funder states come from each funder’s own filing. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

FOUNDATION FOR HEART SCIENCE LTD holds deeper cash reserves than three-quarters of the 6,360 health nonprofits its size.

Operating margin−124% · bottom quartile
Months of reserve84.1mo · top quartile
Revenue growth (annualized)−73% · bottom quartile

this organization peer median middle 50% of peers· 6,360 health nonprofits under $100k, FY2025

Organizations like FOUNDATION FOR HEART SCIENCE LTD

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Wisconsin

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

88% of spending goes to programs.

Program 88%Management 4%Fundraising 8%

Governance

5
board members
100%
independent
–Conflict-of-interest policy–Whistleblower policy–Document retention✓Board reviewed the 990✓Audited financials

Public support

100%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 1 state

WI

Screen this organization

A dated, signed PDF of the compliance screen for FOUNDATION FOR HEART SCIENCE LTD: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

A paid feature, included from the $75 plan up. Sign in to download.

Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds FOUNDATION FOR HEART SCIENCE LTD?
FOUNDATION FOR HEART SCIENCE LTD (Wisconsin) receives grants from 5 organizations whose IRS filings report $42,500 to it, the largest being SCHOEN FAMILY CHARITABLE TRUST ($18,500). 3 of them have funded it in more than one year.
How many funders does FOUNDATION FOR HEART SCIENCE LTD have?
IRS filings report 5 organizations giving $42,500 in grants to FOUNDATION FOR HEART SCIENCE LTD, 3 of which have funded it in more than one year.
Who is the largest funder of FOUNDATION FOR HEART SCIENCE LTD?
SCHOEN FAMILY CHARITABLE TRUST is the largest funder on record, with $18,500 in grants. The full list of funders is on this page.
How can an organization like FOUNDATION FOR HEART SCIENCE LTD find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Wisconsin. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2023–2025), and the filings of 5 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing