International Heart Institute of Montana Foundation

The International Heart Institute of Montana Foundation is a U.S. nonprofit organization dedicated to research and education in cardiovascular disease. It is categorized under medical research and heart circulatory research within the National Taxonomy of Exempt Entities (NTEE).

Mission

The foundation focuses on conducting basic, translational, and clinical research to advance the understanding and treatment of cardiovascular diseases. It has been involved in significant research endeavors, including collaborations with the University of Montana (UM), specifically within the College of Health Professions and Biomedical Sciences. This partnership has led to notable research achievements, with scientists associated with the foundation holding substantial National Institutes of Health (NIH) research grants.

History and Development

The foundation was instrumental in establishing the International Heart Institute, under the leadership of renowned cardiac surgeon Carlos Duran. Duran was a pioneer in valve surgery and developed the Duran Ring for mitral-valve reconstruction, contributing extensively to medical literature. The Institute has become recognized for its expertise in heart-valve surgery and has performed over 400 open-heart surgeries annually.

Activities

The foundation supports research activities that include vascular biology and tissue engineering labs. These labs enable active interaction between medical practitioners and researchers, fostering a collaborative environment. Additionally, the foundation organizes workshops where specialists gather to share knowledge in intensive sessions.

Financial Overview

Historically, the foundation's revenue has primarily been derived from contributions and program services. In previous fiscal years, contributions accounted for approximately 60-70% of the total revenue, while program services constituted about 30-40%. The organization's financial data is based on filings up to 2012, with total assets reported at around $1.3 million and total liabilities at approximately $722,000 as of that year.

Notable Contributions

The foundation's research and educational endeavors have contributed significantly to the field of cardiovascular medicine. Its collaboration with UM has elevated the research profile of the university, particularly in the areas of pharmaceutical sciences and biomedical sciences.

Challenges and Legacy

As key figures such as Dr. Carlos Duran enter phases of retirement, the foundation faces the challenge of transitioning leadership while maintaining its impactful legacy. Despite these transitions, it continues to play a crucial role in advancing cardiovascular health through innovation and education. However, it is no longer listed as a current tax-exempt organization by the IRS, indicating a possible change in its operational status.