Skip to main content

Nonprofit · EIN 88-4260843

FOUNDATION FOR CARDIOVASCULAR CARE IN AFRICA

Tax-exempt · EDINA, MN 55439

Financials

$480K$24K2023$1.4M$1.6M2024
Revenue Expenses · by fiscal year end
Financials of FOUNDATION FOR CARDIOVASCULAR CARE IN AFRICA by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$1,405,351$1,578,094-$172,743$289,558$6,021$283,537
June 30, 2024990$479,809$23,530$456,279$465,006$8,727$456,279
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$1,403,753
Program service revenue
$0
Investment income
-$130
Net income from fundraising events
$1,714
Other revenue
$1,728

Expenses

Grants and similar amounts paid
$1,439,679
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Travel
$18,572
Program services (functional)
$1,549,728
Management and general (functional)
$27,676
Fundraising (functional)
$690

Balance sheet and other

Total assets, start of year
$465,007
Total assets, end of year
$289,558
Total liabilities, end of year
$6,021
Net assets, end of year
$283,537
Net assets without donor restrictions
$283,537
Gross receipts
$1,405,351
Employees
0
Volunteers
5
Year formed
2022
State of legal domicile
MN

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended June 30, 2025, highest compensation first.

NameTitleHours / weekCompensation
WENDY BENNETTPRESIDENT
Trustee or director, Officer
30$0
JOHN KNOEDLERTREASURER
Trustee or director, Officer
2$0
MICHAEL NELSONDIRECTOR
Trustee or director
3$0
CARMELO PANETTADIRECTOR
Trustee or director
2$0
MATT BORCHARDTDIRECTOR
Trustee or director
3$0
990 for the year ended June 30, 2024: 5 people
NameTitleHours / weekCompensation
WENDY BENNETTPRESIDENT
Trustee or director, Officer
20$0
JOHN KNOEDLERTREASURER
Trustee or director, Officer
10$0
MICHAEL NELSONDIRECTOR
Trustee or director, Officer
5$0
CARMELO PANETTADIRECTOR
Trustee or director
1$0
MATT BORCHARDTDIRECTOR
Trustee or director
4$0

Address and contacts

Address (IRS master file)
8000 W 78TH ST STE 290, EDINA, MN 55439-2549
In care of
% ELLINGSON & ELLINGSON
Mailing address (990-N for 2024)
8000 W 78th Street Suite 290, Edina MN 55439
Principal officer (990 for 2024)
WENDY BENNETT, 8000 W 78TH STREET 290, EDINA, MN 55439
Principal officer (990-N for 2024)
Wendy Bennett, 8000 W 78th Street Suite 290, Edina MN 55439
Signed the 990
JOHN KNOEDLER, TREASURER
Phone
(952) 929-0315
Return prepared by
CARPENTER EVERT & ASSOCIATES LTD

Mission

THE FOUNDATION FOR CARDIOVASCULAR CARE IN AFRICA'S MISSION IS TO SAVE LIVES BY DEVELOPING COMPREHENSIVE CARDIAC CARE SYSTEMS IN AFRICA, ESPECIALLY FOR CHILDREN AND YOUNG ADULTS LIVING IN POVERTY

990 for the year ended June 30, 2025

Program accomplishments

  • THE FOUNDATION FOR CARDIOVASCULAR CARE IN AFRICA'S MISSION IS TO SAVE LIVES BY DEVELOPING COMPREHENSIVE CARDIAC CARE SYSTEMS IN AFRICA, ESPECIALLY FOR CHILDREN AND YOUNG ADULTS LIVING IN POVERTY
    Expenses $1,549,728 · grants $1,439,679

What it must file and when

IRS records say it files Form 990-N (e-Postcard). Gross receipts normally $50,000 or less. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990-N on file
2023June 30, 2024November 15, 2024990-N on file

IRS record

EIN
88-4260843
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2023
Accounting year ends
June
Files
Form 990-N (e-Postcard)
Category (NTEE)
Health care (E12)

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-N for 2024
Officer: Wendy Bennett
June 30, 2025≤ $50,000 receipts––e-Postcard
990June 2025$1,405,351$1,578,094$289,558XML
990-N for 2023
Officer: Wendy Bennett
June 30, 2024≤ $50,000 receipts––e-Postcard
990June 2024$479,809$23,530$465,006XML
990-N for 2022
Officer: Wendy Bennett
June 30, 2023≤ $50,000 receipts––e-Postcard

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 88-4260843).

Questions about FOUNDATION FOR CARDIOVASCULAR CARE IN AFRICA

What is the EIN of FOUNDATION FOR CARDIOVASCULAR CARE IN AFRICA?
The employer identification number (EIN) of FOUNDATION FOR CARDIOVASCULAR CARE IN AFRICA is 88-4260843.
Is FOUNDATION FOR CARDIOVASCULAR CARE IN AFRICA tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2023.
Are donations to FOUNDATION FOR CARDIOVASCULAR CARE IN AFRICA tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does FOUNDATION FOR CARDIOVASCULAR CARE IN AFRICA file?
Form 990-N (e-Postcard). Gross receipts normally $50,000 or less.
When is the next return of FOUNDATION FOR CARDIOVASCULAR CARE IN AFRICA due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did FOUNDATION FOR CARDIOVASCULAR CARE IN AFRICA last file with the IRS?
The latest return in the IRS public files is the 990-N for 2024 for the year ended June 30, 2025.
Who is the principal officer of FOUNDATION FOR CARDIOVASCULAR CARE IN AFRICA?
The 990 for the year ended June 30, 2025 names WENDY BENNETT.
Who are the officers and directors of FOUNDATION FOR CARDIOVASCULAR CARE IN AFRICA?
The 990 for the year ended June 30, 2025 lists 5 people; 0 received compensation from the organization.
How much revenue does FOUNDATION FOR CARDIOVASCULAR CARE IN AFRICA have?
On its 990 for the year ended June 30, 2025 it reported revenue of $1,405,351, expenses of $1,578,094 and total assets of $289,558 at year end.

Other nonprofits in EDINA

All nonprofits in EDINA · Minnesota · Health care