2026-03-10T15:01:14-05:00 2025-06-30 HAN GROUP LLC 1020 19TH STREET NW SUITE 800 WASHINGTON DC 20036 990 2024-07-01 521254078 SARNOFF CARDIOVASCULAR RESEARCH FOUNDATION INC SARN 7035177451 1390 CHAIN BRIDGE ROAD 50051 MCLEAN VA 22101 DANA QUINN BOYD EXECUTIVE DIRECTOR 7035177451 2026-03-09 1 1 JENNIFER S HAN P00633304 2022937000 2026-03-09 2024 2025-03-06 01:10:19Z DANA QUINN BOYD 1390 CHAIN BRIDGE ROAD 50051 MCLEAN VA 22101 8665249 0 X WWW.SARNOFFFOUNDATION.ORG X 1981 MD TO SUPPORT THE PURSUIT OF CAREERS IN CARDIOVASCULAR SCIENCE. 14 14 2 50 22703 18991 18813 389730 0 0 2584108 4013670 4775 7506 2607696 4410906 897288 1966222 0 0 230732 324878 0 0 15658 396352 479948 1524372 2771048 1083324 1639858 50874754 55119072 832952 1618211 50041802 53500861 X THE SARNOFF CARDIOVASCULAR RESEARCH FOUNDATION IS DEDICATED TO CULTIVATING THE NEXT GENERATION OF PHYSICIAN-LEADERS IN CARDIOVASCULAR MEDICINE BY FUNDING AND SUPPORTING MEDICAL STUDENTS AND PHYSICIANS ENGAGED IN TRANSFORMATIVE RESEARCH. 0 0 2111899 1959542 FELLOWSHIPS AND SCHOLARSHIPS - THE FELLOWSHIP PROGRAM AWARDS ANNUAL FELLOWSHIPS TO MEDICAL STUDENTS ENROLLED IN ANY ACCREDITED MEDICAL SCHOOL IN THE UNITED STATES OF AMERICA (USA) WHO HAVE DEMONSTRATED INTELLECTUAL AND ACADEMIC ACHIEVEMENT AND LEADERSHIP ABILITY. FELLOWS CONDUCT TWELVE CONSECUTIVE MONTHS OF CARDIOVASCULAR RESEARCH AT A BIOMEDICAL INSTITUTION LOCATED WITHIN USA.THE SARNOFF SCHOLAR AWARD IS A COMPETITIVE AWARD DESIGNED TO SUPPORT JUNIOR FACULTY FOR TWO CONTINUOUS YEARS AT THE JUNIOR FACULTY LEVEL (INSTRUCTOR OR ASSISTANT PROFESSOR). THE AWARD IS FOR FORMER SARNOFF FELLOWS WHO ARE COMMITTED TO PURSUING A CAREER IN CARDIOVASCULAR RESEARCH. APPLICANTS MAY APPLY DURING THE LAST YEAR OF SUBSPECIALTY FELLOWSHIP. THE SCHOLAR AWARD WILL BE CONTINGENT UPON THE APPOINTMENT TO A JUNIOR FACULTY (INSTRUCTOR OR ASSISTANT PROFESSOR) POSITION AND CLEAR EVIDENCE OF A STRONG INSTITUTIONAL COMMITMENT. 272888 6680 ANNUAL SCIENTIFIC MEETING - THE FOUNDATION HOLDS AN ANNUAL SCIENTIFIC MEETING WITH ITS CURRENT AND FORMER FELLOWS AND SCHOLARS EACH SPRING. THE MEETING GIVES A FORUM FOR THE FELLOWS AND SCHOLARS (INCLUDING FORMER FELLOWS AND SCHOLARS) TO PRESENT THEIR RESEARCH TO THE FOUNDATION'S VOLUNTEERS, PRECEPTORS, SPONSORS AND PROMINENT SCIENTIST WHO SERVE IN THE FOUNDATION'S COMMITTEES. THE MEETING ALSO PROVIDES MENTORING SESSIONS AND COLLABORATIONS WITH FORMER MEMBERS AND COLLEAGUES. FELLOWS AND SCHOLARS ARE ALSO GIVEN GUIDANCE ON THEIR CAREER AND RESEARCH DIRECTIONS DURING THE MEETING. 45749 BOARD STEWARDSHIP - THE BOARD OF DIRECTORS (BOARD) IS THE GOVERNING BODY OF THE FOUNDATION. THE BOARD'S MEMBERSHIP IS CONTROLLED BY THE PUBLICLY SUPPORTED ORGANIZATIONS THROUGH THE NOMINATIONS PROCESS. THE BOARD TYPICALLY CONVENES AT LEAST TWICE ANNUALLY IN PERSON AND ALSO CONDUCTS FREQUENT VIRTUAL MEETINGS IN ORDER TO CONDUCT THE BUSINESS OF THE FOUNDATION. THE BOARD HAS SEVERAL STANDING AND OTHER COMMITTEES THAT ASSIST IN THE WORK AND GOVERNANCE OF THE FOUNDATION. IT ALSO SETS THE STRATEGIC DIRECTION OF THE FOUNDATION. 27718 ALUMNI SERVICES 27718 2458254 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 3 0 1 2 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 14 14 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 AK AL AR CA CO CT DC FL GA HI IL KS KY MA MD ME MI MN MO MS NC ND NH NJ NM NV OH OK OR PA RI SC TN UT VA WA WI WV X DANA QUINN BOYD 7035177451 1390 CHAIN BRIDGE ROAD 50051 MCLEAN VA 22101 THOMAS MICHEL MD PHD PRESIDENT, CHAIR OF BOARD 1.00 X X 0 0 0 JOSEPH HILL MD PHD IMMEDIATE PAST CHAIR 2.00 X X 0 0 0 RONGLIH LIAO PHD VICE CHAIR 1.00 X X 0 0 0 ALAN DAUGHERTY PHD VICE CHAIR-ELECT 1.00 X X 0 0 0 CHARLES HONG MD PHD SECRETARY 1.00 X X 0 0 0 CHARLES LOWENSTEIN MD TREASURER 2.00 X X 0 0 0 SHARLENE DAY MD BOARD MEMBER 1.00 X 0 0 0 VIRGINIA HAHN MD BOARD MEMBER 1.00 X 0 0 0 JENNIFER HO MD BOARD MEMBER 1.00 X 0 0 0 MARIA KONTARIDIS PHD BOARD MEMBER 1.00 X 0 0 0 CHIADI NDUMELE MD BOARD MEMBER 1.00 X 0 0 0 ANDREW PLUMP MD PHD BOARD MEMBER 1.00 X 0 0 0 JORGE PLUTZKY MD BOARD MEMBER 1.00 X 0 0 0 SVATI SHAH MD BOARD MEMBER 1.00 X 0 0 0 DANA QUINN BOYD EXECUTIVE DIRECTOR 30.00 X 215433 0 33355 215433 0 33355 1 0 1 0 0 389730 389730 1241166 22703 1218463 7026847 4254343 2772504 2772504 2772504 OTHER REVENUE 900099 5995 5995 REBATES 900099 1511 1511 7506 4410906 0 22703 3998473 1966222 1966222 260811 195754 62323 2734 41001 39137 1864 2500 2350 150 20566 16033 4212 321 17988 9600 2430 5958 68326 68326 119041 119041 19347 9742 9582 23 394 394 20881 5377 15134 370 78123 78067 56 124925 124925 64 64 10889 10889 DUES AND SUBSCRIPTIONS 16796 10653 1905 4238 FOREIGN TAXES 2148 2148 UBI FEDERAL TAX 1026 1026 2771048 2458254 297136 15658 251263 113984 184393 406680 22633 2000 10338 13898 1289 1289 64 0 49589152 53960735 816911 621775 50874754 55119072 85452 162964 747500 1455247 832952 1618211 X 49595787 52802616 446015 698245 50041802 53500861 50874754 55119072 1639858 1819201 0 X X 0 1 X 1 0 X X 19 ALBERT EINSTEIN COLLEGE OF MEDICINE 232290323 2 0 0 0 BOSTON UNIVERSITY 042103547 2 0 0 0 CLEVELAND CLINIC 340714585 3 0 0 0 HARVARD MEDICAL SCHOOL 042103580 2 0 0 0 HOFSTRA UNIVERSITY 111630906 2 0 0 0 OHIO STATE UNIVERSITY 311145986 2 0 0 0 PENNSYLVANIA STATE UNIVERSITY 945533519 2 0 0 0 RUTGERS UNIVERSITY 226001086 2 0 0 0 STANFORD UNIVERSITY 941156365 2 0 0 0 TEXAS TECH UNIVERSITY 756002622 2 0 0 0 UNIVERSITY OF CALIFORNIA SAN FRANCISCO 946036493 2 0 0 0 UNIVERSITY OF CONNECTICUT 060772160 2 0 0 0 UNIVERSITY OF MARYLAND 526002033 2 0 0 0 UNIVERSITY OF MASSACHUSETTS 542084125 2 0 0 0 UNIVERSITY OF MICHIGAN 386006309 2 0 0 0 UNIVERSITY OF ROCHESTER 160743209 2 0 0 0 UNIVERSITY OF UTAH 876000525 2 0 0 0 UNIVERSITY OF VERMONT 031379440 2 0 0 0 YALE UNIVERSITY 060646973 2 0 0 0 19 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 PART I, LINE 12G, COLUMN (IV) THE SUPPORTED ORGANIZATIONS ARE NOT SPECIFICALLY LISTED IN THE GOVERNING DOCUMENT BECAUSE THE ORGANIZATION'S GOVERNING DOCUMENT AUTHORIZES CHARITABLE ACTIVITIES BROADLY, RATHER THAN NAMING SPECIFIC SUPPORTED ORGANIZATIONS. PART IV, SECTION A, LINE 1: THE FOUNDATION OPERATES EXCLUSIVELY FOR THE CHARITABLE AND EDUCATIONAL PURPOSES OF CERTAIN PUBLICLY SUPPORTED ORGANIZATIONS (PSOS). THESE PSOS ARE DESIGNATED BY PURPOSE. EACH PSO IS A PUBLICLY SUPPORTED ORGANIZATION EITHER AS AN IRC SECTION 170(B)(1)(A)(II), 170(B)(1)(A)(III), OR IS DESCRIBED IN IRC SECTIONS 509(A)(1) OR (2). EACH PSO IS ACTIVELY ENGAGED IN DEVELOPING, ENCOURAGING AND MAINTAINING A CARDIOVASCULAR SCIENCE PROGRAM IN THE UNITED STATES OF AMERICA AND EITHER; (A) HAS SERVED OR IS SERVING AS A HOST INSTITUTION OR SPONSORING INSTITUTION FOR A FELLOW; OR (B) IS DESIGNATED BY A MAJORITY OF THE FOUNDATION'S BOARD OF DIRECTORS AS A QUALIFYING PSO. PART IV, SECTION A, LINE 2: SOME OF THE PSOS DO NOT HAVE AN IRS DETERMINATION OF STATUS UNDER IRC SECTIONS 509(A)(1) OR (2). HOWEVER, THEY ARE PUBLICLY SUPPORTED INSTITUTIONS OF HIGHER EDUCATION RECOGNIZED AS ARMS OF STATE OR LOCAL GOVERNMENTS, WHO MAY BE DESCRIBED IN SECTIONS 509(A)(1) OR (2). RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1289 1289 0 0 X 6108918 1819201 1819201 4289717 119041 2148 121189 4410906 2649859 0 2649859 119041 2148 121189 2771048 PART X, LINE 2: THE FOUNDATION IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(A) OF THE INTERNAL REVENUE CODE (IRC), AS AN ORGANIZATION DESCRIBED IN IRC SECTION 501(C)(3). PROVISION FOR INCOME TAXES RELATIVE TO UNRELATED BUSINESS TAX ON INVESTMENT INCOME FROM ALTERNATIVE INVESTMENTS FOR THE YEAR ENDED JUNE 30, 2025 AND 2024 AMOUNTED TO $1,026 AND $1,266, RESPECTIVELY. THE FOUNDATION IS NOT A PRIVATE FOUNDATION. THE INCOME TAX POSITIONS TAKEN BY THE FOUNDATION FOR ANY YEARS OPEN UNDER THE VARIOUS STATUTES OF LIMITATIONS ARE THAT THE FOUNDATION CONTINUES TO BE EXEMPT FROM INCOME TAXES AND THAT THEY HAVE PROPERLY REPORTED UNRELATED BUSINESS INCOME THAT IS SUBJECT TO INCOME TAXES. THE FOUNDATION BELIEVES THAT THERE ARE NO TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD SIGNIFICANTLY INCREASE UNRECOGNIZED TAX LIABILITIES WITHIN 12 MONTHS OF THE REPORTING DATE. NONE OF THE FOUNDATION'S FEDERAL OR STATE INCOME TAX RETURNS ARE CURRENTLY UNDER EXAMINATION. PART XI, LINE 4B - OTHER ADJUSTMENTS: FOREIGN TAXES 2,148. PART XII, LINE 4B - OTHER ADJUSTMENTS: FOREIGN TAXES 2,148. 1 FELLOWSHIPS 60 1966222 PART I, LINE 2: GRANTS ARE PAID TO INDIVIDUALS AS MONTHLY STIPENDS PER AGREEMENT AND REQUESTS ARE REIMBURSED FOR ACTUAL BENEFITS INCURRED BY INDIVIDUALS. RECEIPTS AND INVOICES SUPPORTING REIMBURSEMENTS ARE REQUIRED AS BACK UP AND PROOF OF BENEFITS INCURRED AND REIMBURSED. X X X X X 0 0 0 0 0 0 0 1 0 DANA QUINN BOYD EXECUTIVE DIRECTOR 190433 0 25000 0 0 0 21355 0 12000 0 248788 0 0 0 PART I, LINE 7 THE EXECUTIVE COMMITTEE AND BOARD OF DIRECTORS CONDUCT AN ANNUAL REVIEW FOR THE EXECUTIVE DIRECTOR, AT WHICH THEY DECIDE WHETHER TO AWARD A PEFORMANCE BASED BONUS. THE FOLLOWING EMPLOYEE WAS AWARDED A BONUS IN 2024. 1. DANA QUINN BOYD - $25,000 FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS PREPARED BY OUTSIDE ACCOUNTANTS AND REVIEWED BY THE ORGANIZATION'S SENIOR MANAGEMENT. THE DRAFT FORM 990 IS PRESENTED IN ELECTRONIC FORMAT VIA EMAIL TO ALL MEMBERS OF THE AUDIT COMMITTEE AND THE BOARD OF DIRECTORS FOR REVIEW AND DISCUSSION IN A VIRTUAL MEETING. AFTER REVIEW AND DISCUSSION, THE FORM 990 IS APPROVED FOR FILING WITH THE INTERNAL REVENUE SERVICE (WITH ANY RECOMMENDED CHANGES, IF APPLICABLE). FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICTS OF INTEREST POLICY IS ELECTRONICALLY DISTRIBUTED TO EACH BOARD MEMBER, OFFICER AND KEY EMPLOYEE UPON HIS/HER ARRIVAL TO THE FOUNDATION. IT IS ALSO ELECTRONICALLY DISTRIBUTED ANNUALLY AND A STATEMENT IS SIGNED BY EACH MEMBER ANNUALLY AND REVIEWED BY LEGAL COUNSEL. NON-INTERESTED DIRECTORS DISCUSS ANY QUESTIONABLE TRANSACTIONS AND MAY ASK THE INTERESTED PARTY TO LEAVE THE DISCUSSION. ONCE A CONFLICT OF INTEREST IS IDENTIFIED, THE CHAIR OF THE BOARD APPOINTS A DISINTERESTED PARTY TO INVESTIGATE FURTHER. AFTER ALL DUE DILIGENCE IS PERFORMED, THE BOARD OF DIRECTORS CAN MODIFY THE TRANSACTION TO REMOVE THE CONFLICT OR MAY APPROVE THE TRANSACTION AS LONG AS IT IS DETERMINED: TO BE IN THE FOUNDATION'S BEST INTEREST; FAIR AND REASONABLE; AND THAT THE FOUNDATION CANNOT OBTAIN A MORE ADVANTAGEOUS TRANSACTION. IF THESE PROCEDURES ARE NOT FOLLOWED, THE CONFLICTED TRANSACTION IS DEEMED TO BE VOID. INTENTIONAL VIOLATION OF THE POLICY BY ANY FIDUCIARY IS GROUNDS FOR REMOVAL FROM HIS/HER POSITION BY THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 15A THE EXECUTIVE DIRECTOR'S SALARY AND PERFORMANCE IS REVIEWED ANNUALLY AT THE END OF THE FISCAL YEAR BY MEMBERS OF THE EXECUTIVE COMMITTEE (SUB-COMMITTEE OF THE BOARD OF DIRECTORS), THE RESULTS OF WHICH ARE DOCUMENTED IN THE BOARD MINUTES. OUTSIDE SALARY SURVEYS AND ANALYSIS PERFORMED BY INDEPENDENT ADVISORS ARE REFERENCED TO COMPARE THE EXECUTIVE DIRECTOR'S COMPENSATION TO INDUSTRY STANDARDS. THE LAST REVIEW TOOK PLACE IN JULY 2024. FORM 990, PART VI, SECTION C, LINE 19 COPIES OF THE FOUNDATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE NOT GENERALLY MADE PUBLIC. HOWEVER, UPON REQUEST, THE FOUNDATION WILL CONSIDER MAKING COPIES AVAILABLE. FORM 990, PART XII, LINE 2C: THE PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. HARVARD MEDICAL SCHOOL 1033 MASSACHUSETTS AVENUE 3RD FLOOR CAMBRIDGE MA 02138 042103580 EDUCATIONAL INSTITUTION MA 501(C)(3) LINE 2 0 UNIVERSITY OF CALIFORNIA SAN FRANCISCO 220 MONTGOMERY STREET FLOOR 5 SAN FRANCISCO CA 94104 946036493 EDUCATIONAL INSTITUTION CA 501(C)(3) LINE 2 0 UNIVERSITY OF MARYLAND 655 W BALTIMORE STREET S BALTIMORE MD 21201 526002033 EDUCATIONAL INSTITUTION MD 115 0 UNIVERSITY OF MICHIGAN 1500 E MEDICAL CENTER DRIVE ANN ARBOR MI 48109 386006309 EDUCATIONAL INSTITUTION MI 501(C)(3) LINE 2 0 UNIVERSITY OF ROCHESTER 601 ELMWOOD AVENUE ROCHESTER NY 14642 160743209 EDUCATIONAL INSTITUTION NY 501(C)(3) LINE 2 0 UNIVERSITY OF VERMONT GIVEN MEDICAL BLDG E-126 89 BEAUMON BURLINGTON VT 05405 030179440 EDUCATIONAL INSTITUTION VT 115 0 YALE UNIVERSITY 333 CEDAR STREET NEW HAVEN CT 06510 060646973 EDUCATIONAL INSTITUTION CT 501(C)(3) LINE 2 0 COLUMBIA UNIVERSITY 630 W 168TH STREET NEW YORK NY 10032 135598093 EDUCATIONAL INSTITUTION NY 501(C)(3) LINE 2 0 DUKE UNIVERSITY 10 DUKE MEDICINE CIRCLE DURHAM NC 27710 560532129 EDUCATIONAL INSTITUTION NC 501(C)(3) LINE 2 0 GEORGETOWN UNIVERSITY 3900 RESERVOIR ROAD NW WASHINGTON DC 20007 530196603 EDUCATIONAL INSTITUTION DC 501(C)(3) LINE 2 0 UNIVERSITY OF CALIFORNIA 10833 LE CONTE AVENUE LOS ANGELES CA 90095 956006143 EDUCATIONAL INSTITUTION CA 501(C)(3) LINE 2 0 UNIVERSITY OF CHICAGO 924 E 57TH STREET 104 CHICAGO IL 60637 362177139 EDUCATIONAL INSTITUTION IL 501(C)(3) LINE 2 0 UNIVERSITY OF MINNESOTA 420 DELAWARE STREET SE MINNEAPOLIS MN 55455 416007513 EDUCATIONAL INSTITUTION MN 501(C)(3) LINE 2 0 WASHINGTON UNIVERSITY 660 S EUCLID AVENUE ST LOUIS MO 63110 430653611 EDUCATIONAL INSTITUTION MO 501(C)(3) LINE 2 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0