Grantmaking public charity · EIN 23-7288866
Aats Foundation
Fairfax, VA
Aats Foundation is a public charity that makes grants based in Fairfax, VA. On its Form 990 (Schedule I) for tax year 2024, it reported $1.26M in grants paid across 146 grants, with $13M in total assets. Its largest grants went to Stanford University, American Association for Thoracic Surgery and Boston Children's Hospital.
How to request funding
Its Form 990 lists the grants it made but not how it chooses recipients. Check Aats Foundation's website or contact it to ask whether it considers requests.
How it makes and monitors grants (Schedule I, Part IV)
Aats foundation determines the amount of grants depending on funding available in unrestricted funding or as outlined in restricted donation agreements. funding amount remains consistent for research grants between $40,000-$80,000 per grantee which the foundation determines as a proper amount for young investigators to start their research efforts. although the funding amount is often smaller than the cost of the research, the goal is for investigators to then use this modest amount of funding to secure larger research funding opportunities through other entities such as nih and nhlbi programs once their efforts and preliminary results are in. each candidate is vetted by a committee, comprised of experts in the field and appointed by the aats foundation board. the board monitors the committee for thoroughness and non-bias reviews and selections. all candidates are vetted through the same criteria and eligibility for each award they apply to which is publicly available on the aats foundation website for transparency purposes.
Grants as reported on its Form 990 for tax year 2024; the application guidance above is general for this type of funder. Requirements change; confirm with the organization before applying.
Mission
To support cardiothoracic surgeons in research and education.
As stated on its Form 990.
Largest grants, tax year 2024
Historical data · not a prediction| Recipient | Location | Purpose | Amount |
|---|---|---|---|
| Stanford University | Redwood City, CA | Research Scholarships | $80,000 |
| American Association for Thoracic Surgery | Fairfax, VA | Edwards 2020 | $65,000 |
| Boston Children's Hospital | Boston, MA | Surgical Investigator Program | $50,000 |
| Children's Hospital of Wisconsin | Milkwaukee, WI | Surgical Investigator Program | $50,000 |
| City of Hope | Duarte, CA | Aats Foundation Equity Award | $50,000 |
| Johns Hopkins University | Baltimore, MD | Surgical Investigator Program | $50,000 |
| Johns Hopkins University | Baltimore, MD | Wts Mid-Career Investigator Award | $50,000 |
| Massachusetts General Hospital - Research | Boston, MA | Wts Mid-Career Investigator Award | $50,000 |
| Trustees of Columbia University | New York, NY | Surgical Investigator Program | $50,000 |
| Weill Medical College of Cornell University | New York, NY | Surgical Investigator Program | $50,000 |
| West Virginia University | Morganton, WV | Surgical Investigator Program | $50,000 |
| Albert Einstein College of Medicine | Bronx, NY | Hom - David J. Sugarbaker Fellowship | $40,000 |
| Duke University Hospital | Durham, NC | Hom - David J. Sugarbaker Fellowship | $40,000 |
| University of Virginia | Charlottesville, VA | Resident Research Cardiac Scholarship | $40,000 |
| Boston Children's Hospital | Boston, MA | Marc R. De Leval Fellowship | $18,500 |
| Cleveland Clinic Foundation | Cleveland, OH | Hom - Cleveland Clinic | $10,209 |
| Children's Hospital of Philadelphia | Philadelphia, PA | Hom - Timothy J. Gardner Fellowship | $10,000 |
| Temple University - of the Commonwealth System of Higher Education | Philadelphia, PA | Hom - Lawrence H. Cohn Fellowship | $10,000 |
| University of Pittsburgh Physicians | Pittsburg, PA | Hom - Timothy J. Gardner Fellowship | $10,000 |
| Children's Hospital of Los Angeles - the Saban Research Institute | Los Angeles, CA | Marc R. De Leval Fellowship | $8,500 |
| Children's Hospital of Philadelphia | Philadelphia, PA | Marc R. De Leval Fellowship | $8,500 |
| Nationwide Children's Hospital | Columbus, OH | Marc R. De Leval Fellowship | $8,500 |
| The Regents of the University of California Los Angeles | Los Angeles, CA | Marc R. De Leval Fellowship | $8,500 |
The 23 largest of 146 grants listed on the return. 123 grants to individuals ($452K) are counted but not named. Names and purposes as reported to the IRS.
Where its grants went
Quick answers
Does Aats Foundation accept grant applications?
Its Form 990 lists the grants it made but not how it chooses recipients. Check Aats Foundation's website or contact it to ask whether it considers requests. Form 990 does not report an application process, so confirm with the organization.
How much does Aats Foundation give each year?
For tax year 2024, it reported $1,259,563 in grants paid (146 grants). Giving can change from year to year.
What organizations has Aats Foundation funded?
Its largest grants in tax year 2024 went to Stanford University (CA), $80K, American Association for Thoracic Surgery (VA), $65K, Boston Children's Hospital (MA), $50K, Children's Hospital of Wisconsin (WI), $50K and City of Hope (CA), $50K.