Magdi Yacoub Global Heart Foundation

What Magdi Yacoub Global Heart Foundation does

Magdi Yacoub Global Heart Foundation is a US-based 501(c)(3) nonprofit (legal entity MYASWAN, Inc., EIN 46-5318614) that supports the delivery of free cardiac care to underprivileged populations in Egypt and the broader Middle East and Africa. The Foundation was established in 2014 by Professor Sir Magdi Yacoub to underpin the Aswan Heart Centre, a 100-bed state-of-the-art heart hospital in Upper Egypt launched in 2009 that has reviewed more than 300,000 outpatients and performed over 35,000 heart procedures free of charge. The Foundation is governed by a board chaired by Prof. Magdy Ishak with additional directors from MGH, Imperial College London, Deerfield Management, and Vectara, and operates with 44 US-based staff while supporting 800+ caregivers across the clinical facilities.

The Foundation's product surface is organized around three pillars: Serve (clinical cardiovascular services including surgery, cath lab, outpatient clinics, and an E-Clinic telemedicine outreach that extends to remote Egyptian and African clinics), Learn (research programs including Next Generation Sequencing, advanced microscopy, molecular and cellular biology, biomedical engineering, 3-D modelling, the 30-year Ballana Heart Study, and the 1000 Egyptian Genomes project, producing 30+ peer-reviewed publications annually in Nature and The Lancet), and Teach (training programs graduating 550+ professionals and scientists per year). Technology infrastructure includes an Avaya-powered contact centre communications platform at the new Cairo facility, awarded jointly to Avaya and Summit Technology.

The Foundation is mid-build on the new Magdi Yacoub Global Heart Centre in Cairo, a 300-bed facility on a 35-acre lot in Sixth of October City designed by Foster + Partners and constructed by Orascom Construction, expected to triple operational capacity with 120,000+ additional outpatient visits and 12,000 cardiac procedures per year. Revenue is generated entirely through charitable giving, comprising individual donations, Zakat contributions, stock donations, corporate matching, legacy/bequest programs, and naming opportunities starting at $30,000 in the new Cairo facility. Pricing is structured as suggested donation tiers ($100 outpatient, $500 imaging, $1,000 half in-hospital medications, $5,000 catheter/half-surgery, $10,000 open-heart surgery) covering the cost of specific services, while all medical services are provided free of charge to patients. The Foundation is rated 4-star (97%) by Charity Navigator and holds the Candid Platinum Transparency Seal.

Name

Magdi Yacoub Global Heart Foundation

Legal name

MYASWAN, Inc.

Website

https://myglobalheart.org

Company type

Private

Founded year

2014

Operating status

Operating

Headcount range

11–50 employees

Short description

Magdi Yacoub Global Heart Foundation is a 501(c)(3) nonprofit that funds and operates free cardiac care, research, and medical training for underprivileged populations in Egypt and Africa through the Aswan Heart Centre and a new 300-bed Cairo facility.

Ownership category

akta.pro rank

Product category

Nonprofit Cardiac Healthcare Services

NAICS

Specialty (except Psychiatric and Substance Abuse) Hospitals (622310), Outpatient Care Centers (6214)

SIC

Services-Hospitals (8060), Services-Specialty Outpatient Facilities, Nec (8093)

akta.pro primary industry

Cardiac & Cardiothoracic Specialty Hospitals (HLAFAHAA)

akta.pro secondary industries

Medical Missions & Global Health NGOs (BPAGACAI), Ambulatory Cardiology Diagnostic & Procedure Centers (Non-hospital-based) (HLAFABAK)

Keywords

• Cardiac care services
• Heart surgery centers
• Nonprofit medical foundation
• Cardiac research programs
• Physician training programs

Headquarters

HQ city

Alamo

HQ country

United States

HQ region

North America

Offices3 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Infrastructure, Technology or R&D, Operations, Marketing or Sales

Revenue model

1. Individual Donations: Tax-deductible donations from individuals supporting the free cardiac care mission, including one-time gifts, recurring donations, and planned giving/bequests
2. Zakat Contributions: Islamic charitable contributions designated for patient treatment, allowing donors to fulfill Zakat obligations while supporting free cardiac care for those in need
3. Naming Opportunities: Donor recognition program at the new Cairo facility, with naming gifts starting at $30,000 USD for spaces in the state-of-the-art medical campus
4. Corporate Matching: Employer-matched donations where supporters can multiply their gift through corporate matching programs
5. Stock Donations: Gifts of stock and securities accepted as charitable contributions

Pricing tiers

Go-to-market motion3 records

Distribution channels4 records

Marketing channels7 records

Core offering

The Foundation supports and operates cardiac care hospitals (the Aswan Heart Centre and the new Magdi Yacoub Global Heart Centre in Cairo) that provide free, world-class cardiac surgeries, catheterizations, outpatient consultations, and diagnostic imaging to underprivileged children and adults in Egypt and Africa. It complements clinical care with research programs and professional training for healthcare workers from the Middle East and Africa.

Product overview

The Magdi Yacoub Global Heart Foundation operates a network of cardiac care facilities and programs centered around two main hospital products: the Aswan Heart Centre (100-bed, established 2009) providing free cardiac care to underserved populations in Upper Egypt, and the new Magdi Yacoub Global Heart Centre in Cairo (300-bed, under construction) designed by Foster + Partners. These hospitals are supported by three integrated service pillars: Clinical Cardiovascular Services (cardiac surgeries, pediatric care, outpatient clinics, cath lab), Research & Innovation Programs (including the Ballana Heart Study and 1000 Egyptian Genomes), and Training & Apprenticeship Programs. All services are provided free of charge to patients regardless of financial means, religion, race, or geography.

Differentiator

Problem solved

Functional benefit

Products and services

• Aswan Heart Centre
• Magdi Yacoub Global Heart Centre - Cairo A new 300-bed state-of-the-art cardiac facility under construction in Cairo, Egypt, designed by Foster + Partners on a 35-acre lot with views of the Giza Pyramids. Expected to triple operational capacity with over 120,000 additional outpatient visits and 12,000 cardiac procedures per year.
• Clinical Cardiovascular Services Comprehensive cardiac services including cardiac surgeries, treatment, and preventative medicine, with a central focus on pediatric cardiac surgery requiring highly specialized skills and a broad referral network to reach vulnerable children.
• Outpatient Clinics Clinics offering Electrocardiograms, comprehensive Echocardiographic studies, basic checkups, and referrals to specialized teams, extended through E-Clinic Services using telemedicine to share clinical data and advise on treatment plans with clinics throughout Egypt.
• The Cath Lab Catheterization laboratory performing both diagnostic and interventional procedures for pediatric and adult cases, supported by CT Unit, Cardiac Magnetic Resonance (CMR) Imaging Unit, and Cardiopulmonary Exercise Laboratory.
• Research & Innovation Programs Extensive research programs advancing basic science and applied research to reduce global prevalence of heart disease, supporting Next Generation Sequencing, advanced microscopy, molecular and cellular biology, biochemical techniques, biomedical engineering, computing, and 3-D modelling, producing 30+ peer-reviewed publications annually.
• Training & Apprenticeship Programs Comprehensive training programs for surgeons and medical professionals from around the world, with structured training for approximately 550 professionals and scientists annually, building cardiac capacity in developing countries where few or no cardiac specialists exist.
• Ballana Heart Study A 30-year population study being carried out at the Aswan Heart Centre to produce high-quality epidemiological data on cardiovascular diseases relevant to Egypt and the Middle East.
• 1000 Egyptian Genomes Genomic research program supporting pioneering research in ethnicity defined by genomics in Egypt, leveraging Next Generation Sequencing capabilities.

Quantifiable outcome

• 4.5% mortality rate on par with top US and European hospitals
• +4 more outcomes

Named customers2 records

Segments3 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

Nine partnerships are on record, tiered core and minor.

• Foster + PartnerscoreStrategic or Co-development Partner · 1 September 2020World-renowned architecture firm designing the new Magdi Yacoub Global Heart Centre in Cairo on a 35-acre lot. The facility is designed to optimize patient experience with lush landscaping, calming lake, and striking views of the Giza Pyramids, integrating treatment, research and training.
• Orascom ConstructioncoreImplementation/ SI/ Consulting PartnerSelected by the Magdi Yacoub Heart Foundation Board to build the Magdi Yacoub Global Heart Centre at 6th of October City in Cairo. The 300-bed specialized cardiac centre on 27 acres (total capacity 36.5 acres) is designed to be the largest specialized facility for cardiovascular treatment and research in the region.
• Top Global Research InstitutionscoreStrategic or Co-development PartnerCollaborative research projects with top institutions worldwide contributing to over 30 peer-reviewed publications annually in leading journals including Nature and The Lancet. Research teams participate in collaborative projects advancing cardiac care knowledge.
• Massachusetts General HospitalcoreStrategic or Co-development PartnerDr. Thoralf M. Sundt, Chief of Cardiac Surgery at MGH, serves on the Board of Directors, providing strategic oversight and connecting the Foundation to top-tier cardiac care expertise.
• Imperial College LondoncoreStrategic or Co-development PartnerProfessor Sir Magdi Yacoub serves as Professor of Cardiothoracic Surgery at the National Heart and Lung Institute, Imperial College London, overseeing research activities and academic collaboration.
• Harefield Heart Science CentrecoreStrategic or Co-development PartnerMagdi Yacoub founded and directs the Harefield Heart Science Centre (Magdi Yacoub Institute), overseeing over 60 scientists in tissue engineering, myocardial regeneration, stem cell biology, end stage heart failure and transplant immunology research.
• Chain of HopecoreStrategic or Co-development PartnerCharitable organization founded by Professor Sir Magdi Yacoub that provides cardiac care to children in developing countries, extending the Foundation's global impact.
• Zewail City of Science and TechnologyminorStrategic or Co-development PartnerLocated adjacent to the new Cairo Global Heart Centre, forming part of an integrated health and medical research zone.
• Qatar Cardiovascular Research CentrecoreStrategic or Co-development PartnerEstablished in collaboration with Qatar Foundation and Hamad Medical Corporation as part of the Magdi Yacoub Research Network.

Scale indicators18 records

Recent moves8 records

Expansion highlights7 records

Broad incumbents

• Partners In Health: Large global health nonprofit delivering free specialty care and training in resource-poor settings. Broader incumbent in global health delivery — comparable serve-train-teach framework, but covers multiple specialties rather than cardiac-only.
• Médecins Sans Frontières (Doctors Without Borders): Largest global medical humanitarian organization providing free care in conflict and low-resource settings. Comparable as a large-scale free-care delivery NGO, though focused on emergency and infectious disease rather than cardiac specialty.
• American Heart Association: US-based cardiovascular health nonprofit funding research, training, and advocacy at massive scale. Broad incumbent in cardiovascular philanthropy — comparable research/training mission but operates predominantly in the US and through grantmaking rather than direct service.

Direct peers

• Harefield Heart Science Centre (Magdi Yacoub Institute): UK-based research institute also founded and directed by Sir Magdi Yacoub, focused on tissue engineering, stem cell biology, and transplant immunology. Sister organization sharing leadership and overlapping research themes — a peer along the research/training axis rather than service delivery.
• Chain of Hope: Charitable organization also founded by Professor Sir Magdi Yacoub that provides free pediatric cardiac surgery in developing countries. Closest direct peer — same founder, same patient population (vulnerable children), same mission model, with overlapping clinician networks.
• Open Heart International: Australian nonprofit that funds and deploys cardiac surgical teams to developing countries. Direct peer in the medical-mission cardiac surgery category, serving similar patient populations with a similar volunteer-led delivery model.
• Children's HeartLink: US-based nonprofit focused on training and treating children with heart disease in underserved countries. Directly comparable mission: pediatric cardiac care in low- and middle-income geographies with a serve-train-teach model.
• CardioStart International: Humanitarian cardiac organization providing heart surgery and training in low-resource countries. Direct peer focused on the same niche of free adult and pediatric cardiac care with a teaching component.
• Team Heart Rwanda: Nonprofit providing cardiac surgery and training in Rwanda. Smaller-scale direct peer with a similar build-local-capacity approach to cardiac care in an African developing country.

Others

• Edwards Lifesciences Foundation: Corporate foundation of a leading cardiac device manufacturer that funds access-to-care and training in under-resourced regions. Thematically related — comparable mission (expanding cardiac care access globally) but functions as a grantmaker rather than operator.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat6 records

Key risks5 records

Key highlights6 records

Customer concentration

• YouTubeyoutube.com/@magdiyacoubglobalheartfoun1972
• Facebookfacebook.com/MagdyYacoubWolrd
• LinkedInlinkedin.com/company/myglobalheart

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles8 records

Subsidiaries2 records

Funding overview

Funding rounds

Investors

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M&A

Investments

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Frequently asked questions about Magdi Yacoub Global Heart Foundation