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Illinois · Nonprofit

The Chest Foundation

The Chest Foundation (Illinois) receives grants from 25 organizations whose IRS filings report $1,025,336 to it, the largest being American College of Chest Physicians ($471,200). 16 of them have funded it in more than one year.

Revenue FY2023
$161k
Funders on record
25
Grants received
$1.0M
Net assets
$0
16/25 repeat funderspeak grant-dependency 37%
01What it does

What The Chest Foundation does

Mission

The CHEST Foundation champions lung health by supporting clinical research, community service and patient education. On April 24, 2023, the American College of Chest Physician's Board of Regents voted to merge The Chest Foundation into the American College of Chest Physicians effective June 1, 2023.

As stated on its FY2023 Form 990.

Programs

On its FY2022 return the organization reported a significant change in how it conducts a program.

Effective May 31, 2023, the Chest Foundation ceased existence. All of its program services were moved over to the American College of Chest Physicians ("CHEST"), a related 501(c)(3) entity.

Its own explanation, from Schedule O of that return (Part III, line 3).

  1. 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.

    $4,384 spent
    57% of program spending
  2. 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…

    $3,364 spent$960 earned by the program
    43% of program spending

The 2 programs described on its FY2022 Form 990, listed largest first by expense. Program spending in total: $7,748.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended.

100 = 20172017 Revenue 100 ($2.7M) Expenses 100 ($1.6M) Net assets 100 ($14M)2018 Revenue 105 ($2.8M) Expenses 86 ($1.4M) Net assets 108 ($15M)2019 Revenue 121 ($3.2M) Expenses 85 ($1.3M) Net assets 122 ($17M)2020 Revenue 50 ($1.3M) Expenses 95 ($1.5M) Net assets 146 ($21M)2021 Revenue 144 ($3.8M) Expenses 107 ($1.7M) Net assets 150 ($21M)2022 Revenue 63 ($1.7M) Expenses 93 ($1.5M) Net assets 134 ($19M)2023 Revenue 6 ($161k) Expenses 4 ($55k) Net assets 0 ($0)
2017201820192020202120222023
Revenue (6)Expenses (4)Net assets (0)

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2022 to 2023, from $20M to $0 (−100%).

$14M
$15M
$17M
$21M
$22M
$20M
$0
2017201820192020202120222023
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.

2017
2018
2019
2020
2021
2022
2023
ContributionsProgram revenueInvestmentOther

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 1 of the last 7 reported years ran a deficit.

$1.1M
’17
$1.4M
’18
$1.9M
’19
−$165k
’20
$2.1M
’21
$212k
’22
$106k
’23
18
months of
reserve
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 5 funders to 9 funders, grant income fell $169k → $60k.

5 of 25 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 20% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of The Chest 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.

How concentrated its funding is

The Chest Foundation leans on a few funders — its largest provides 46% of grant income and the top three 65%; half comes from just 2 funders.

the vertical line marks half of all grant income — 2 funders to its left

87% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund The Chest Foundation.

46%
largest funder
65%
top three
~4
effective funders

Largest funder’s share by year: 2017 74% · 2018 80% · 2019 79% · 2020 22% · 2021 37% · 2022 18% · 2023 25% — diversifying over time.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. 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.

How long its funders stay

38% of The Chest Foundation's funders are still giving 3 years after their first grant; 64% give in more than one year at all.

first grant+1y+2y+3y+4y+5y+6y

Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.

Where its funders are

69% of The Chest Foundation's grant income comes from Illinois funders.

IL
NY
PA
NJ
CT
KS
GA
TX
FL

In-state vs out-of-state, by year

’17
’18
’19
’20
’21
’22
’23
Illinois out of state home

Funder states come from each funder’s own filing. $204k arriving through sponsors registered in 4 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. 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

Organizations like The Chest 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

14% of spending goes to programs.

Program 14%Management 56%Fundraising 30%

Governance

14
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 30 states

NH
ND
MN
IL
WI
MI
NY
MA
OR
PA
NJ
RI
CA
UT
CO
KY
WV
VA
MD
NM
KS
AR
TN
NC
SC
HI
MS
AL
GA
FL

Part of a family of 2 related entities

  • American College of Chest Physicians · exempt
  • Accp Enterprises Inc · corp_trust

Screen this organization

A dated, signed PDF of the compliance screen for The Chest 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 The Chest Foundation?
The Chest Foundation (Illinois) receives grants from 25 organizations whose IRS filings report $1,025,336 to it, the largest being American College of Chest Physicians ($471,200). 16 of them have funded it in more than one year.
How many funders does The Chest Foundation have?
IRS filings report 25 organizations giving $1,025,336 in grants to The Chest Foundation, 16 of which have funded it in more than one year.
Who is the largest funder of The Chest Foundation?
American College of Chest Physicians is the largest funder on record, with $471,200 in grants. The full list of funders is on this page.
How can an organization like The Chest 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 FY2023 (financials across 2017–2023), and the filings of 25 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