The Graeme McDaniel Foundation EIN 87-2237264 Form 990 (PDF) Claim this org

The Graeme McDaniel Foundation

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Funds research for congenital heart defects and supports affected families. For fiscal year 2025 it reported $893K in revenue, $974K in expenses, and $811K in net assets.Pt I

Founded
2021
Type
Public charity (501(c)(3)) · Medical Research
Location
Katy, TX
Website
graememcdanielfoundation.org
Filings
4 on file (2022–2025)
Revenue
$893KFY2025
Expenses
$974K
Net assets
$811K
People
5
Filings
4
Updates
0
More identity details & actions ⌄
EIN  87-2237264 Public charity (501(c)(3)) Katy, TX Founded 2021
Form 990 (PDF)
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Size
$100K–1M
What they do
Funds research for congenital heart defects and supports affected families.
Leadership
Stephanie McDaniel · President & CEO
Money in and out
$893K revenue, $974K expenses
Bottom line
99% program efficiency
Where the money goes · FY2025
Total revenue
$893K
Pt VIII · Ln 12
Total expenses
$974K
Pt IX · Ln 25
Net assets
$811K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$81K
Where spending went · Part IX cols B–D
Program services $0.99 Management & general $0.01
Program efficiency
99%
of spending reaches programs▲ +131% vs prior filing year
Operating runway
10.0mo
months of highly liquid reserves at operating expense rate▼ -99% vs prior filing year
Surplus margin
-9%
revenue over expenses, this year▼ -109% vs prior filing year

Summary of the Filing

Part I · fiscal year 2025 · Form 990
Revenue
$893K
FY2025▲ +31%
Expenses
$974K
FY2025▲ ×103
Total assets
$811K
FY2025▼ -9%
Total liabilities
$0
FY2025
Total revenue
$893K
Pt VIII · Ln 12
Total expenses
$974K
Pt IX · Ln 25
Net assets
$811K
Pt X · Ln 32
Revenue less expensesPt I · Ln 19−$81K
Total assetsPt X · Ln 16$811K
Program-expense ratioPt IX · col B99%
Voting members of governing bodyPt I · Ln 35
Independent voting membersPt I · Ln 45

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CThe Graeme McDaniel Foundation
EINHdr · item D87-2237264
Principal addressHdr · item CKaty, TX
WebsiteHdr · item Jgraememcdanielfoundation.org
Year of formationHdr · item L2021
State of legal domicileHdr · item MTX
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFMedical Research (H12)
Ruling yearIRS BMFSep 2021

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a5
Independent voting membersPt VI · Ln 1b5
Conflict-of-interest policyPt VI · Ln 12aNo
Whistleblower policyPt VI · Ln 13No
Document retention policyPt VI · Ln 14No
CEO/top-official compensation independently reviewedPt VI · Ln 15aNo
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
President & CEO
$0Pt VII · Sec A
Chairman of the Board
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
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Mission & Programs · Part III

Where the work happens

1 program service account for $961K of program spending, described in the organization's own filed words · FY2025.
01

Raised over $940,000 in funds that provided grants for congenital heart defect research to hospitals and support for families affected by children with congentital heart defects. In 2025, a total of 12 CHD research projects totaling $956,950 were funded as well as $4000 in support for 2 families to cover expenses after their heart babies…

$961Kprogram expense

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Statement of Revenue

Part VIII
Other revenue$559K · 63%
Contributions & grants$318K · 36%
Investment income$17K · 2%
Other revenue63%$559K
Contributions & grants36%$318K
Investment income2%$17K
Total revenueLn 12$893K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.99 Management & general $0.01
Program services99%$961K
Management & general1%$13K
Total functional expensesLn 25$974K

Balance Sheet

Part X · end of year
CashLn 1$24K
Total assetsLn 16$811K
Total liabilitiesLn 26$0
Total net assetsLn 32$811K
Months of cash on handcomputed0.3

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $811K · Operating expenses/yr $974K
10.0 months
Where the money goes
Program services
Program services $961K · Total expenses $974K
99%
Management & General
Management & general $13K · Total expenses $974K
1%
Fundraising
Fundraising $0 · Total expenses $974K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $220K
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $318K · Total revenue $893K
36%
Government reliance
Government grants — · Total revenue $893K
Earned-income share
Program service revenue $0 · Total revenue $893K
0%
Investment reliance
Investment income $17K · Total revenue $893K
+2%
Program self-sufficiency
Program service revenue $0 · Total expenses $974K
0%
Growth & trend
Revenue growth (YoY)
This year $893K · Prior year $682K
+31%
Revenue CAGR
FY2021 $170K · FY2025 $893K
+51%
Net-asset trend (YoY)
End of year $811K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $893K · Expenses $974K
-9%
Liabilities-to-Assets
Total liabilities — · Total assets $811K
Net-asset ratio
Net assets $811K · Total assets $811K
100%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) $787K · Total assets (Pt X, ln 16) $811K
97%
People & payroll
Highest Reported Total Compensation
Individual Stephanie McDaniel · Reported title PRESIDENT & CEO · Highest reported compensation $0 · Total expenses $974K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) — · Total expenses $974K
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 99%
Overhead ratio 1%
Revenue growth 31%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · received and paid
Grants received · FY2024
See all 7 funders →
Grants paid · 18 grants · $1.7M · 2021–2025
Texas Childrens HospitalTX · FY2025$130,000
Polyvascular INCFY2025$115,000
Ucsd School of Medicinerady Children's Hospital of San DiegoFY2025$100,000
Duke UniversityNC · FY2025$99,090
Ut Health Science Center at HoustonFY2025$94,270
Johns Hopkins UniversityMD · FY2025$57,000
Texas Childrens HospitalTX · FY2023$150,000
Ut Health Science Center at HoustonFY2023$100,000
Duke UniversityNC · FY2023$99,999
Ut Health Science Center at HoustonFY2022$150,000
Texas Childrens HospitalTX · FY2022$100,000
Texas Childrens HospitalTX · FY2021$50,000

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2025 (Latest)$893K revenue · viewing · ⤓ 990 PDF
FY2024$489K revenue · ⤓ 990 PDF
FY2023$334K revenue · ⤓ 990 PDF
FY2022$170K revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2025IRS
Classification, formation year, addressIRS Business Master File
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