EIN 23-7288866

Aats Foundation

IRS 501(c) type
501(c)(3)
Num. employees
0
Year formed
1973
Most recent tax filings
2023-12-01
Description
The Aats Foundation supports cardiothoracic surgeons in research and education. It performs educational, scientific, and charitable functions such as the Atricure Fellowship, Every Heartbeat Matters, Ethicon China Fellowship, Intuitive Surgical Program, Intuitive Advanced Lobectomy Course, and LEA. Additionally, the Foundation offers medical student diversity scholarships to support those planning to pursue a career in cardiothoracic surgery who are from underrepresented populations.
Related structure
Aats Foundation is a subordinate organization under American Association for Thoracic Surgery (AATS).
Also known as...
Graham Education and Research Foundation; Aats Graham Research Foundation
Total revenues
$2,187,997
2023
Total expenses
$2,656,714
2023
Total assets
$12,835,336
2023
Num. employees
0
2023

Program areas at Aats Foundation

Surgical investigator program - the surgical investigator program supports clinical and translational research by young cardiothoracic surgeons, including topics related to quality and outcomes research, and studies of new and innovative therapies, procedures, and technologies in cardiothoracic surgery.
Research scholarship - this scholarship supports early-career investigators committed to following an academic career in cardiothoracic surgery with a two-year grant used to pursue research, training, and clinical experience.
Medical student diversity scholarship - these scholarships support medical students planning to pursue a career in cardiothoracic surgery and who are from an underrepresented in medicine population. Underrepresented in medicine means those racial and ethnic populations that are underrepresented in the medical profession relative to their numbers in the general population.
To perform and carry out such other educational, scientific, and charitable functions and purposes of Aats such as: atricure fellowship, every heartbeat matters, ethicon china fellowship, intuitive surgical program, intuitive advanced lobectomy course, learn from the masters: a clinical program, medtronic chinese surgeons international training program, surgical investigator program, medtronic/jats, surgical robotics cardiac program, emerging thoracic surgical oncologist fellowship, graham traveling fellowship, research scholarship, surgical investigator program, summer internship program, aldo r. castaneda, cleveland clinic, denton cooley fellowship, f. griffith pearson fellowship, jack a. roth fellowship, lawrence h. cohn, marc de leval fellowship, timothy j. gardner, david j. sugarbaker memorial lectureship, magdi yacoub program, and william norwood program.

Grants made by Aats Foundation

GranteeGrant descriptionAmount
Boston Children's HospitalSurgical Investigator Program$100,000
Memorial Sloan-Kettering Cancer CenterSurgical Investigator Program$100,000
Emory UniversitySurgical Investigator Program$50,000
...and 16 more grants made

Who funds Aats Foundation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Edwards Lifesciences FoundationAats Foundation Every Heartbeat Matters Initiative$300,000
Intuitive FoundationGeneral Support$40,000
Fidelity Investments Charitable Gift FundFor Grant Recipient's Exempt Purposes$26,000
...and 6 more grants received

Personnel at Aats Foundation

NameTitleCompensation
David R Bobbitt MscChief Executive Officer$0
Andrea MancinelliTreasurer / Chief Financial Officer$0
David NealSenior Director of Finance$0
Lisa GibsonDirector of Marketing
Cara Gensel-HrubesDirector of It / Technology Manager$0
...and 19 more key personnel

Financials for Aats Foundation

RevenuesFYE 12/2023
Total grants, contributions, etc.$1,603,718
Program services$0
Investment income and dividends$390,019
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$256,116
Net income from fundraising events$-62,971
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$1,115
Total revenues$2,187,997

Form 990s for Aats Foundation

Fiscal year endingDate received by IRSFormPDF link
2023-122024-11-01990View PDF
2022-122023-11-15990View PDF
2021-122022-05-15990View PDF
2020-122021-05-26990View PDF
2019-122021-04-05990View PDF
...and 10 more Form 990s
Data update history
January 11, 2025
Posted financials
Added Form 990 for fiscal year 2023
December 23, 2024
Updated personnel
Identified 1 new personnel
October 24, 2024
Received grants
Identified 1 new grant, including a grant for $10,000 from Bains Foundation
October 2, 2024
Updated personnel
Identified 1 new personnel
July 13, 2024
Received grants
Identified 1 new grant, including a grant for $10,000 from Columbia University
Nonprofit Types
Grantmaking organizationsDisease research fundraisersDisease-focused nonprofitsChapter / child organizationsCharities
Issues
HealthEducationDiseases and disorders
Characteristics
Provides grantsConducts researchFundraising eventsOperates internationallyProvides scholarshipsFundraising races, competitions, and tournamentsTax deductible donationsNo full-time employeesAccepts online donations
General information
Address
800 Cummings Ctr 350-v
Beverly, MA 01915
Metro area
Boston-Cambridge-Newton, MA-NH
County
Essex County, MA
Website URL
aats.org/ 
Phone
(978) 252-2200
IRS details
EIN
23-7288866
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1973
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
G43: Heart and Circulatory System Diseases, Disorders
NAICS code, primary
813212: Health and Disease Research Fundraising Organizations
Parent/child status
Subordinate organization
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