Global Heartcare Foundation

EIN 92-2653485 Private foundation / grantmaker Scottsdale, AZ

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Size

<$100K

What they do

A private foundation based in Scottsdale, AZ. It reported about $89K in revenue for 2025.

Leadership

Dr Vibhu Kshettry · President

Money in and out

$89K revenue, $494K expenses

Bottom line

—

A private foundation based in Scottsdale, AZ. It reported about $89K in revenue for 2025. For fiscal year 2025 it reported $89K in revenue, $494K in expenses, and $1.1M in net assets.Pt I

Grants paid & assets · FY2025

Total revenue

$89K

Pt VIII · Ln 12

Total expenses

$494K

Pt IX · Ln 25

Net assets

$1.1M

Pt X · Ln 32

Revenue less expenses (Pt I · Ln 19): −$405K

Total assets

1.3M

deployed as grants and operations

Grants paid

351K

in FY2025

Grants made

19grants

total in period

Payout rate

28%

of assets (5% rule)

Who They Fund

Part XV · grants paid · 19 grants · $351K · 2025–2025

Kilimanjaro Christian Medical CenterFY2025$51,876

Cardia Center of Ethiopia & St Paul Millennium Medical CollegeFY2025$48,317

The Children's Heart Fund of EthiopiaFY2025$43,152

Lameck RuttaFY2025$20,500

Joseph Elisante KaayaFY2025$20,500

Rhd Training Center for ExcellenceFY2025$16,023

Glory W MangiFY2025$15,800

Zekaryas Belete TilahumFY2025$14,120

Miklol HailemariamFY2025$14,100

Hamidhu MulyambuziFY2025$13,800

Marco Erasto NyakasalFY2025$12,850

Meron AkaluFY2025$12,000

Alex Felix LwizaFY2025$12,000

Gissela Benedict NyakungaFY2025$12,000

Abid Mehboob SadiqFY2025$12,000

Edward Thomas MoruoFY2025$11,000

Christian IssangyaFY2025$8,325

Rahwa Mulugeta SeyoumFY2025$7,200

See all 19 grants →

Grantmaking Profile

Patterns in foundation giving

Average grantPart XV$18K

Median grantPart XV$14K

Largest grantPart XV$52K

Summary of the Filing

Part I · fiscal year 2025 · Form 990-PF

Revenue

$89K

FY2025▼ -94%

Expenses

$494K

FY2025▲ +311%

Total assets

$1.3M

FY2025▼ -17%

Total liabilities

$142K

FY2025▲ ×111

Total revenue

$89K

Pt VIII · Ln 12

Total expenses

$494K

Pt IX · Ln 25

Net assets

$1.1M

Pt X · Ln 32

Total assetsPt II$1.3M

Identity & Classification

Form 990 Header · IRS Business Master File

Legal nameHdr · item CGlobal Heartcare Foundation

EINHdr · item D92-2653485

Principal addressHdr · item CScottsdale, AZ

WebsiteHdr · item Jwww.globalheartcarefoundation.org

State of legal domicileHdr · item MAZ

Exempt statusHdr · item I501(c)(3) · active

NTEE classificationIRS BMFDiseases & Disorders (G43)

Ruling yearIRS BMFOct 2023

Governance & Policies

Part VI

Voting members of the governing bodyPt VI · Ln 1apending

Independent voting membersPt VI · Ln 1bpending

Conflict-of-interest policyPt VI · Ln 12a—

Whistleblower policyPt VI · Ln 13—

Document retention policyPt VI · Ln 14—

CEO/top-official compensation independently reviewedPt VI · Ln 15a—

Family or business relationships among officers/directorsPt VI · Ln 2—

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation

Dr Vibhu Kshettry

President

$0Pt VII · Sec A

Wendy Bennett

Director

$0Pt VII · Sec A

Al Hanser

Director

$0Pt VII · Sec A

Debra Joan Woodward

Director

$0Pt VII · Sec A

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Statement of Revenue

Part VIII

Contributions & grants$50K · 56%

Investment income$39K · 44%

Contributions & grants56%$50K

Investment income44%$39K

Total revenueLn 12$89K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising

Allocation · columns B–D

71%

29%

Grants & contributions paid $0.71 Operating & administrative $0.29

Grants & contributions paid71%$351K

Operating & administrative29%$144K

Total functional expensesLn 25$494K

Balance Sheet

Part X · end of year

CashLn 1$1.3M

Total assetsLn 16$1.3M

Total liabilitiesLn 26$142K

Total net assetsLn 32$1.1M

Months of cash on handcomputed30.7

Financial Metrics

Form 990 · FY2025 · each ratio shown with the dollars behind it

Liquidity & Payout

Payout rate

Grants paid $0 · Total assets $1.3M

Where the money comes from

Contribution dependence

Contributions & grants — · Total revenue $89K

—

Government reliance

not reported

Earned-income share

not reported

Investment reliance

Investment income $0 · Total revenue $89K

Program self-sufficiency

not reported

Growth & trend

Revenue growth (YoY)

This year $89K · Prior year $1.4M

-94%

Net-asset trend (YoY)

End of year $1.1M · Beginning of year —

Beginning net assets not meaningfully positive — showing dollar change

Balance sheet

Surplus Margin

Revenue $89K · Expenses $494K

-454%

Liabilities-to-Assets

Total liabilities — · Total assets $1.3M

—

Net-asset ratio

Net assets $1.1M · Total assets $1.3M

89%

People & payroll

Highest Reported Total Compensation

Individual Dr Vibhu Kshettry · Reported title PRESIDENT · Highest reported compensation $0 · Total expenses $494K

Personnel share

not reported

Peer comparison

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

Metric	This org	Peer median	Percentile
Revenue growth	-94%	—	—

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.

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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)$89K revenue · viewing · ⤓ 990 PDF

FY2024$1.4M revenue · ⤓ 990 PDF

FY2023$275K 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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