New York · Nonprofit
MITRAL FOUNDATION
MITRAL FOUNDATION (New York) receives grants from 5 organizations whose IRS filings report $1,400,000 to it, the largest being THE MARCUS FOUNDATION INC ($1,000,000). 4 of them have funded it in more than one year.
- Revenue FY2024
- $2.1M
- Funders on record
- 5
- Grants received
- $1.4M
- Net assets
- $8.6M
What Mitral Foundation does
Mission
THE MITRAL FOUNDATION IS a supporting organization at Mount Sinai Hospital dedicated to advancing mitral valve repair and reconstructive techniques in children and young adults around the world.
As stated on its FY2024 Form 990.
Program
Mitral Foundation is dedicated to advancing the understanding of mitral valve disease and support the mitral valve repair reference center.
$885,536 spentof which $171,577 as grants$10,000 earned by the program100% of program spending
The program described on its FY2024 Form 990. Program spending in total: $885,536.
The organization over time
Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 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.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2022 to 2023, from $1.9M to $7.4M (+283%).
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.
100% of MITRAL FOUNDATION’s revenue is contributions — more reliant on donations than three-quarters of its peers (51% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 2 of the last 8 reported years ran a deficit.
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.
Board chair
Jurgen A Friedrich
Chairman/director
As listed on its FY2024 Form 990.
Who funds it, year by year
2020 → 2023: the base broadened from 1 funder to 2 funders, grant income fell $500k → $110k.
2 of 5 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 6% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
From the IRS filings of MITRAL FOUNDATION’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
MITRAL FOUNDATION leans on a few funders — its largest provides 71% of grant income and the top three 98%; half comes from just 1 funder.
the vertical line marks half of all grant income — 1 funder to its left
Largest funder’s share by year: 2020 100% · 2021 81% · 2022 71% · 2023 91% — 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
MITRAL FOUNDATION draws 99% of its grant income from funders outside New York, across 3 states in all.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $90k arriving through sponsors registered in 2 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. 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.
Against its field
MITRAL FOUNDATION runs a healthier operating margin than three-quarters of the 8,121 health nonprofits its size.
this organization peer median middle 50% of peers· 8,121 health nonprofits $1M–$10M, FY2024
Organizations like MITRAL FOUNDATION
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 New York
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
100% of spending goes to programs.
Governance
Footprint & structure
Files a return copy in 1 state
Part of a family of 36 related entities
- The Mount Sinai Medical Center Inc · exempt
- The Mount Sinai Hospital · exempt
- The Mount Sinai Children's Center Fnd · exempt
- Msmc Realty Corporation · exempt
- Msmc Residential Realty LLC · exempt
Screen this organization
A dated, signed PDF of the compliance screen for MITRAL FOUNDATION: 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.
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 MITRAL FOUNDATION?
- MITRAL FOUNDATION (New York) receives grants from 5 organizations whose IRS filings report $1,400,000 to it, the largest being THE MARCUS FOUNDATION INC ($1,000,000). 4 of them have funded it in more than one year.
- How many funders does MITRAL FOUNDATION have?
- IRS filings report 5 organizations giving $1,400,000 in grants to MITRAL FOUNDATION, 4 of which have funded it in more than one year.
- Who is the largest funder of MITRAL FOUNDATION?
- THE MARCUS FOUNDATION INC is the largest funder on record, with $1,000,000 in grants. The full list of funders is on this page.
- How can an organization like MITRAL FOUNDATION find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in New York. 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 FY2024 (financials across 2017–2024), 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