The Chest Foundation
- Assets
- $0.0
- Revenue
- $161.1k
- Investments
- $0.0
- Employees
- 0
- Location
- Glenview, IL
- Founding
- 10/1986
- Data as of
- 05/2023
- EIN
- 36-3286520
Organization Overview
The Chest Foundation is located in Glenview, IL. The organization was established in 1986. According to its NTEE Classification (T30) the organization is classified as: Public Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Chest Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 05/2023, Chest Foundation generated $161.1k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (29.9%) each year. All expenses for the organization totaled $55.5k during the year ending 05/2023. As we would expect to see with falling revenues, expenses have declined by (31.3%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Chest Foundation has awarded 171 individual grants totaling $5,112,907. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE CHEST FOUNDATION'S MISSION IS TO CHAMPION LUNG HEALTH.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SINCE ITS INCEPTION, THE CHEST FOUNDATION (THE FOUNDATION) HAS OFFERED MEMBERS OF THE AMERICAN COLLEGE OF CHEST PHYSICIANS (CHEST) OPPORTUNITIES TO SECURE GRANTS FOR CLINICAL RESEARCH PROJECTS IN DISCIPLINES OF PULMONARY, CRITICAL CARE, AND SLEEP MEDICINE, AND ON TOPICS RANGING FROM ASTHMA TO LUNG CANCER. THE CHEST FOUNDATION PARTNERS WITH OTHER ORGANIZATIONS TO CREATE RESEARCH OPPORTUNITIES IN OVER 10 DISEASE STATES AND COLLABORATIVELY OFFERS MONETARY AWARDS TO SUPPORT CLINICAL RESEARCH THAT LEADS TO IMPROVEMENT IN PATIENT CARE. AWARD APPLICATIONS ARE PEER-REVIEWED BY CHEST CLINICIAN COMMITTEES WHO THEN SELECT RECIPIENTS USING A DETAILED SCORING RUBRIC. THE FOUNDATION TRACKS PROGRESS OF ALL CLINICAL RESEARCH AND COMMUNITY SERVICE AWARD RECIPIENTS OVER TIME. THE FOUNDATION ALSO OFFERS COMMUNITY SERVICE GRANTS TO SUPPORT SIGNIFICANT COMMUNITY-BASED PROJECTS THAT BENEFIT FROM THE VOLUNTEER SERVICE OF CHEST MEMBERS WORLDWIDE. SELECTED PROJECTS MUST SHOW A CLEAR IMPACT ON THEIR COMMUNITY AND HAVE POTENTIAL FOR LONG-TERM SUSTAINABILITY AND REPLICABILITY. THE GRANTS ARE PAID TO THE NON-PROFIT OR NON-GOVERNMENTAL ORGANIZATION IN WHICH THE CHEST MEMBER DONATES TIME AND MEDICAL SERVICE.
SINCE ITS INCEPTION, THE CHEST FOUNDATION (THE FOUNDATION) HAS OFFERED MEMBERS OF THE AMERICAN COLLEGE OF CHEST PHYSICIANS (CHEST) OPPORTUNITIES TO SECURE GRANTS FOR CLINICAL RESEARCH PROJECTS IN DISCIPLINES OF PULMONARY, CRITICAL CARE, AND SLEEP MEDICINE, AND ON TOPICS RANGING FROM ASTHMA TO LUNG CANCER. THE CHEST FOUNDATION PARTNERS WITH OTHER ORGANIZATIONS TO CREATE RESEARCH OPPORTUNITIES IN OVER 10 DISEASE STATES AND COLLABORATIVELY OFFERS MONETARY AWARDS TO SUPPORT CLINICAL RESEARCH THAT LEADS TO IMPROVEMENT IN PATIENT CARE. AWARD APPLICATIONS ARE PEER-REVIEWED BY CHEST CLINICIAN COMMITTEES WHO THEN SELECT RECIPIENTS USING A DETAILED SCORING RUBRIC. THE FOUNDATION TRACKS PROGRESS OF ALL CLINICAL RESEARCH AND COMMUNITY SERVICE AWARD RECIPIENTS OVER TIME. THE FOUNDATION ALSO OFFERS COMMUNITY SERVICE GRANTS TO SUPPORT SIGNIFICANT COMMUNITY-BASED PROJECTS THAT BENEFIT FROM THE VOLUNTEER SERVICE OF CHEST MEMBERS WORLDWIDE. SELECTED PROJECTS MUST SHOW A CLEAR IMPACT ON THEIR COMMUNITY AND HAVE POTENTIAL FOR LONG-TERM SUSTAINABILITY AND REPLICABILITY. THE GRANTS ARE PAID TO THE NON-PROFIT OR NON-GOVERNMENTAL ORGANIZATION IN WHICH THE CHEST MEMBER DONATES TIME AND MEDICAL SERVICE.
THE CHEST FOUNDATION DEVELOPS, OFTEN WITH PATIENT ADVOCACY PARTNERS, HIGH QUALITY PEER-REVIEWED PATIENT EDUCATION MATERIALS AND TOOLS ACROSS MORE THAN 60 LUNG HEALTH TOPICS. THE FOUNDATION DISSEMINATES THOSE MATERIALS TO PATIENTS, CAREGIVERS, THE GENERAL PUBLIC, AS WELL AS MEMBERS OF CHEST. DISSEMINATION AND AWARENESS OF HIGH-QUALITY MATERIALS ARE DELIVERED VIA CHEST'S COMMUNICATION CHANNELS, SOCIAL AND NEW MEDIA, THE FOUNDATION'S WEBSITE, TOPIC-SPECIFIC MICRO-SITES, PATIENT-FACING PARTNER ORGANIZATIONS, AND OTHER EXTERNAL CHANNELS AND PARTNERS THAT REACH CLINICIANS, PATIENTS, CAREGIVERS AND THE PUBLIC. IN ADDITION, THE FOUNDATION HAS DEVELOPED NATIONAL, COMPREHENSIVE, MULTI-CHANNEL DISEASE SPECIFIC CAMPAIGNS THAT FOCUS ON LUNG HEALTH BARRIERS AND AREAS OF INTEREST THAT REACH PATIENTS, THEIR FAMILIES, AND THEIR HEALTHCARE PROVIDERS. INFORMATION DEVELOPED AND DISSEMINATED IN THE CAMPAIGN, OFTEN IN COALITION WITH OTHER ORGANIZATIONS, MAY RANGE FROM CAUSES, SYMPTOMS, PREVENTION, DIAGNOSIS, TREATMENT AND TOOLS THAT MEET THE NEEDS OF PATIENTS, CAREGIVERS AND CLINICIANS. TYPICAL LUNG CONDITIONS COVERED ARE: ASTHMA, COPD, LUNG CANCER, PULMONARY ARTERIAL HYPERTENSION AND INTERSTITIAL LUNG DISEASE (LIKE PULMONARY FIBROSIS). THROUGH THESE PATIENT-AND-CLINICIAN FOCUSED PROJECTS AND CAMPAIGNS, THE FOUNDATION IS PROVIDING INFORMATION AND TOOLS THAT EMPOWER A COMMUNITY OF PATIENTS AND CAREGIVERS TO MORE EFFECTIVELY COMMUNICATE WITH HEALTHCARE PROVIDERS, MAKE MORE INFORMED DECISIONS ABOUT THEIR HEALTH, AND PARTICIPATE MORE FULLY IN MANAGING THEIR DISEASE OR CONDITION.
THE CHEST FOUNDATION DEVELOPS, OFTEN WITH PATIENT ADVOCACY PARTNERS, HIGH QUALITY PEER-REVIEWED PATIENT EDUCATION MATERIALS AND TOOLS ACROSS MORE THAN 60 LUNG HEALTH TOPICS. THE FOUNDATION DISSEMINATES THOSE MATERIALS TO PATIENTS, CAREGIVERS, THE GENERAL PUBLIC, AS WELL AS MEMBERS OF CHEST. DISSEMINATION AND AWARENESS OF HIGH-QUALITY MATERIALS ARE DELIVERED VIA CHEST'S COMMUNICATION CHANNELS, SOCIAL AND NEW MEDIA, THE FOUNDATION'S WEBSITE, TOPIC-SPECIFIC MICRO-SITES, PATIENT-FACING PARTNER ORGANIZATIONS, AND OTHER EXTERNAL CHANNELS AND PARTNERS THAT REACH CLINICIANS, PATIENTS, CAREGIVERS AND THE PUBLIC. IN ADDITION, THE FOUNDATION HAS DEVELOPED NATIONAL, COMPREHENSIVE, MULTI-CHANNEL DISEASE SPECIFIC CAMPAIGNS THAT FOCUS ON LUNG HEALTH BARRIERS AND AREAS OF INTEREST THAT REACH PATIENTS, THEIR FAMILIES, AND THEIR HEALTHCARE PROVIDERS. INFORMATION DEVELOPED AND DISSEMINATED IN THE CAMPAIGN, OFTEN IN COALITION WITH OTHER ORGANIZATIONS, MAY RANGE FROM CAUSES, SYMPTOMS, PREVENTION, DIAGNOSIS, TREATMENT AND TOOLS THAT MEET THE NEEDS OF PATIENTS, CAREGIVERS AND CLINICIANS. TYPICAL LUNG CONDITIONS COVERED ARE: ASTHMA, COPD, LUNG CANCER, PULMONARY ARTERIAL HYPERTENSION AND INTERSTITIAL LUNG DISEASE (LIKE PULMONARY FIBROSIS). THROUGH THESE PATIENT-AND-CLINICIAN FOCUSED PROJECTS AND CAMPAIGNS, THE FOUNDATION IS PROVIDING INFORMATION AND TOOLS THAT EMPOWER A COMMUNITY OF PATIENTS AND CAREGIVERS TO MORE EFFECTIVELY COMMUNICATE WITH HEALTHCARE PROVIDERS, MAKE MORE INFORMED DECISIONS ABOUT THEIR HEALTH, AND PARTICIPATE MORE FULLY IN MANAGING THEIR DISEASE OR CONDITION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Name Not Listed Immediate Past President And Trustee | OfficerTrustee | 1 | $0 |
Name Not Listed Immediate Past President And Trustee | OfficerTrustee | 1 | $0 |
Name Not Listed President And Trustee | OfficerTrustee | 2 | $0 |
Name Not Listed President And Trustee | OfficerTrustee | 2 | $0 |
Name Not Listed President -Elect And Trustee | OfficerTrustee | 1 | $0 |
Name Not Listed President -Elect And Trustee | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $382,284 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $199,387 |
| Noncash contributions included in lines 1a–1f | $1,064 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $199,387 |
| Total Program Service Revenue | $960 |
| Investment income | $114,779 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$154,046 |
| Net Income from Fundraising Events | -$155,066 |
| Net Income from Gaming Activities | $5,968 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $161,080 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $594,505 |
| Grants and other assistance to domestic individuals. | $49,000 |
| Grants and other assistance to Foreign Orgs/Individuals | $157,000 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $2,924 |
| Fees for services: Accounting | $11,550 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $15,194 |
| Fees for services: Other | $0 |
| Advertising and promotion | $10,775 |
| Office expenses | $13,133 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $43,924 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,918 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $55,494 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $0 |
| Accounts payable and accrued expenses | $908,817 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $0 |
Grants Awarded
Over the last fiscal year, The Chest Foundation has awarded $594,505 in support to 19 organizations.
| Grant Recipient | Amount |
|---|---|
CASE WESTERN PURPOSE: Young Investigator Grant | $30,000 |
HOUSTON METHODIST HOSPITAL PURPOSE: Scholar in Thrombosis Award | $50,000 |
NYU GROSSMAN SCHOOL OF MEDICINE PURPOSE: Clinical Research in COPD | $30,000 |
UNIVERSITY OF PITTSBURGH MEDICAL CENTER PURPOSE: Clinical Research in COPD | $30,000 |
THE MIRIAM HOSPITAL PURPOSE: Women and Pulmonary | $10,000 |
COLUMBIA UNIVERSITY PURPOSE: Clinical Research in Pulmonary | $50,000 |