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Illinois · Nonprofit

ISHLT FOUNDATION

ISHLT FOUNDATION (Illinois) receives grants from 1 organization whose IRS filings report $10,000 to it, the largest being MARK AND MARTHA SLAUGHTER FAMILY FOUNDATION INC ($10,000). 1 of them have funded it in more than one year.

Revenue FY2024
$1.5M
Funders on record
1
Grants received
$10k
Net assets
$5.6M
1/1 repeat funders
01What it does

What Ishlt Foundation does

Mission

Ishlt Foundation funds research to improve patient care in advanced heart and lung disease, and programs that develop the next generation of researchers and clinicians around the world.

As stated on its FY2024 Form 990.

Program

  1. To fund research to improve patient care in advanced heart and lung disease, and programs that develop the next generation of researchers and clinicians around the world.

    $256,619 spentof which $256,619 as grants
    100% of program spending

The program described on its FY2024 Form 990. Program spending in total: $256,619.

02The organization over time

The organization over time

Each line starts at 100 in 2023, so what you read is the shape rather than the size: 150 means half as much again as 2023, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20232023 Revenue 100 ($4.0M) Expenses 100 ($655k) Net assets 100 ($3.4M)2024 Revenue 37 ($1.5M) Expenses 63 ($410k) Net assets 167 ($5.6M)
20232024
Revenue (37)Expenses (63)Net assets (167)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2023 to 2024, from $3.7M to $6.0M (+61%).

$3.7M
$6.0M
20232024
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2023
2024
ContributionsProgram revenueInvestmentOther

96% of ISHLT FOUNDATION’s revenue is contributions — more donation-reliant than the typical peer (82% for the typical peer).

This organization
Typical peer · 3,052 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 0 of the last 2 reported years ran a deficit.

$3.4M
’23
$1.1M
’24
9.2
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Chief executive

Gregory Schultz

CEO

Board chair

James Kirklin

Chair

As listed on its FY2024 Form 990.

20232024
Listed1210
Joined·+1
No longer listed·3
03Who funds it

Who funds it, year by year

Grant support over time, funder by funder — shade shows the grant size each year.

Funder
'24*
'25*
total
funders
1
1

Left out of every figure on this page: $1.0M from one payer (the payer shares this organization's board, largest International Society for Heart & Lung Transplantation). These are real filings, and they are not money ISHLT FOUNDATION raised.

From the IRS filings of ISHLT FOUNDATION’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

ISHLT FOUNDATION draws 100% of its grant income from funders outside Illinois, across 1 state in all.

KY

Funder states come from each funder’s own filing. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

ISHLT FOUNDATION runs a healthier operating margin than three-quarters of the 2,910 philanthropy nonprofits its size.

Operating margin73% · top quartile
Months of reserve9.2mo · above the median
Revenue growth (annualized)−63% · bottom quartile

this organization peer median middle 50% of peers· 2,910 philanthropy nonprofits $1M–$10M, FY2024

Organizations like ISHLT FOUNDATION

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Illinois

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

63% of spending goes to programs.

Program 63%Management 37%Fundraising 0%

Governance

8
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Footprint & structure

Files a return copy in 1 state

IL

Part of a family of 1 related entity

  • International Society for Heart and Lung Transplantation · exempt

Screen this organization

A dated, signed PDF of the compliance screen for ISHLT FOUNDATION: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds ISHLT FOUNDATION?
ISHLT FOUNDATION (Illinois) receives grants from 1 organization whose IRS filings report $10,000 to it, the largest being MARK AND MARTHA SLAUGHTER FAMILY FOUNDATION INC ($10,000). 1 of them have funded it in more than one year.
How many funders does ISHLT FOUNDATION have?
IRS filings report 1 organization giving $10,000 in grants to ISHLT FOUNDATION, 1 of which have funded it in more than one year.
Who is the largest funder of ISHLT FOUNDATION?
MARK AND MARTHA SLAUGHTER FAMILY FOUNDATION INC is the largest funder on record, with $10,000 in grants. The full list of funders is on this page.
How can an organization like ISHLT FOUNDATION find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Illinois. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2023–2024), and the filings of 1 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing