Civic Intelligence

The Thoracic Surgery Foundation

990 • Fiscal year 2016 • EIN 36-3635910

Jan 01, 2016 to Dec 31, 2016 • Filed on Nov 06, 2017

633 N St Clair 23rd FloorChicago, IL 60611

(312) 202-5815

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

53rd percentile

0.12x

Higher debt load relative to assets than 53% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Liabilities / Revenue

65th percentile

0.24x

Higher debt load relative to revenue than 65% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Net Margin

89th percentile

38%

Higher net margin than 89% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Top Officer Pay

67th percentile

$95,351

Higher top officer pay than 67% of similar nonprofits.

Top officer pay equals 6.2% of source-year revenue.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2016

Asset Growth

72nd percentile

9.7%

Faster asset growth than 72% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2014 to 2016

Revenue Growth

95th percentile

120%

Faster revenue growth than 95% of similar nonprofits.

2016 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2014 to 2016

Assets

Up

$3,065,524

Up $519,667 (+20%) from 2014

Net Assets

Up

$2,703,989

Up $814,610 (+43%) from 2014

Liabilities

Down

$361,535

Down $294,943 (-45%) from 2014

Revenue

Up

$1,536,324

Up $1,220,283 (+386%) from 2014

Expenses

Up

$945,991

Up $368,681 (+64%) from 2014

Net Income

Up

$590,333

Up $851,602 (+326%) from 2014

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$15M$10M$5.0M$0Assets 2012: $3,175,162Liabilities 2012: $889,013Net Assets 2012: $2,286,1492012Assets 2013: $2,785,849Liabilities 2013: $755,686Net Assets 2013: $2,030,1632013Assets 2014: $2,545,857Liabilities 2014: $656,478Net Assets 2014: $1,889,3792014Assets 2016: $3,065,524Liabilities 2016: $361,535Net Assets 2016: $2,703,9892016Assets 2017: $3,699,321Liabilities 2017: $296,636Net Assets 2017: $3,402,6852017Assets 2018: $3,887,726Liabilities 2018: $380,980Net Assets 2018: $3,506,7462018Assets 2019: $4,803,180Liabilities 2019: $468,059Net Assets 2019: $4,335,1212019Assets 2020: $5,251,287Liabilities 2020: $382,167Net Assets 2020: $4,869,1202020Assets 2021: $7,716,279Liabilities 2021: $540,331Net Assets 2021: $7,175,9482021Assets 2022: $8,089,405Liabilities 2022: $741,780Net Assets 2022: $7,347,6252022Assets 2023: $9,926,161Liabilities 2023: $2,419,774Net Assets 2023: $7,506,3872023Assets 2024: $11,401,896Liabilities 2024: $2,375,173Net Assets 2024: $9,026,7232024

Highlighted filing

2016

Assets$3,065,524
Liabilities$361,535
Net Assets$2,703,989

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$4.0M$3.0M$2.0M$1.0M$0-$1.0MExpenses 2012: $793,2162012Expenses 2013: $622,0332013Revenue 2014: $316,041Expenses 2014: $577,310Net Income 2014: -$261,2692014Revenue 2016: $1,536,324Expenses 2016: $945,991Net Income 2016: $590,3332016Revenue 2017: $1,546,386Expenses 2017: $998,708Net Income 2017: $547,6782017Revenue 2018: $1,561,172Expenses 2018: $1,234,592Net Income 2018: $326,5802018Revenue 2019: $1,896,136Expenses 2019: $1,274,991Net Income 2019: $621,1452019Revenue 2020: $1,400,211Expenses 2020: $1,108,220Net Income 2020: $291,9912020Revenue 2021: $3,432,295Expenses 2021: $1,131,926Net Income 2021: $2,300,3692021Revenue 2022: $2,542,826Expenses 2022: $1,621,236Net Income 2022: $921,5902022Revenue 2023: $2,905,516Expenses 2023: $3,305,471Net Income 2023: -$399,9552023Revenue 2024: $3,052,190Expenses 2024: $1,992,015Net Income 2024: $1,060,1752024

Highlighted filing

2016

Revenue$1,536,324
Expenses$945,991
Net Income$590,333
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Nov 6, 2017
Return Version
2016v3.0
Gross Receipts
$1,854,307
Mission and Program Overview

Mission

The mission of tsf is to foster the development of surgeon scientists in cardiothoracic surgery; increasing knowledge and innovation to benefit patient care.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$1,231,950$1,617,263▲ $385,313
Cash and Non-Interest-Bearing Accounts$644,356$1,098,646▲ $454,290
Pledges and Grants Receivable$373,375$343,056▼ $30,319
Prepaid Expenses and Deferred Charges$5,077$6,559▲ $1,482
Total Assets$2,254,758$3,065,524▲ $810,766
Liabilities
Grants Payable$245,000$344,250▲ $99,250
Accounts Payable and Accrued Expenses$11,337$17,285▲ $5,948
Total Liabilities$256,337$361,535▲ $105,198
Net Assets / Fund Balance
Temporarily Rstr Net Assets$1,320,287$1,749,246▲ $428,959
Unrestricted Net Assets$678,134$954,743▲ $276,609
Total Net Assets Fund Balance$1,998,421$2,703,989▲ $705,568
Total Liabilities and Net Assets / Fund Balance$2,254,758$3,065,524▲ $810,766

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2016$973,645$335,425▲ $116,123-$1,330,943
2015$1,136,089$42,760▼ $78,554-$973,645
Compensation and Service Providers

Employees

NameTitleFull / Part TimeOtherTotal
Priscilla S KennedyExecutive DirectorFT$95,351$95,351
Keith S Naunheim MDSecretary-$6,500$6,500
Joseph F Sabik MDDirector-$1,000$1,000
Robert SD Higgins MDDirector-$1,000$1,000

Board Members and Trustees

Highest Paid Contractors

ContractorServicesLocationCompensation
The Society of Thoracic SurgeonsManagement Fee633 N Saint Clair Street - 23rd Fl, Chicago, IL 60611$180,000
Revenue and Support

Revenue Composition

Contributions and Grants
$1,517,967
Program Service Revenue
$0
Investment Income
$18,357
Other Revenue
$0
All Other Contributions
$924,967
Change in Net Assets
$590,333

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,523,649
Revenue Not Reported on Financial Statements
$12,675
Revenue Not Reported on Form 990
$115,235
Total Revenue per Audited Statements
$1,638,884
Total Revenue per Form 990
$1,536,324
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$689,250
Other Expenses$256,741
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Individuals$521,750--$521,750
Fees for Services Management-$180,000-$180,000
Grants to Domestic Orgs$167,500--$167,500
Conferences and Meetings$32,126--$32,126
Office Expenses-$26,398-$26,398
Fees for Services Accounting-$13,800-$13,800
Fees for Service Investment Mgmnt Fees-$12,675-$12,675
Travel-$8,054-$8,054
All Other Expenses-$2,304-$2,304
Insurance-$1,356-$1,356
Fees for Services Legal-$28-$28
Other Expenses-$-20,000-$-20,000
Total Functional Expenses$721,376$224,615$0$945,991

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$945,991
Expenses per Audited Statements$933,316
Total Expenses per Audited Statements$933,316
Expenses Not Reported on Financial Statements$12,675
Expenses Not Reported on Form 990$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Team HeartWilliston, VT501(c)(3)Edwards Every Heartbeat Matters$35,000
University of ColoradoDenver, CO501(c)(3)Edwards Every Heartbeat Matters$35,000
Cardiostart InternationalTampa, FL501(c)(3)Edwards Every Heartbeat Matters$31,000
Heart to Heart International Children's MedicalOakland, CA501(c)(3)Edwards Every Heartbeat Matters$31,000
Children's HeartlinkMinneapolis, MN501(c)(3)Edwards Every Heartbeat Matters$18,000
Brandeis UniversityWalthan, WA501(c)(3)Alley Sheridan Scholarships$17,500
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Section A, line 3

The society of thoracic surgeons (sts) of chicago, illinois, maintains the books and records of the organization and performs other related managerial and administrative functions for which it is compensated.

Form 990, Part VI, Section B, line 11B

The 990 is reviewed by the administrative staff of the management company (sts) and is then provided to the treasurer, and then governing body, for final review before it is filed.

Form 990, Part VI, Section B, line 12C

TSF has a formal conflict of interest policy. All board and committee members are required to sign the policy and disclose conflicts annually. The signed policy and disclosures are sent to TSF Administration. They are recorded and monitored periodically throughout the year. If there is a conflict, it is brought to the attention of the board president for further action. The board president reads a disclosure statement at the beginning of each board meeting.

Form 990, Part VI, Section B, line 15

Since there are no paid employees questions 13 and 15 do not apply to the organization.

Form 990, Part VI, Section C, line 18

Form 990 is available to the public upon request at the administrative offices of the organization's management company (sts), and on the foundation's website.

Form 990, Part VI, Section C, line 19

Governing documents, the conflict of interest policy and financial statements are available to the public upon request at the administrative offices of the organization's management company (sts).

Form 990, Part VII, Section A - Compensation

Priscilla S. Kennedy, TSF Executive Director, is compensated by a related organization, THE Society of Thoracic Surgeons (STS).

Filing and Contact Details

Filer

Filer Name
The Thoracic Surgery Foundation
EIN
36-3635910
Phone
3122025815
Address
633 N ST CLAIR 23RD FLOOR, CHICAGO, IL 60611

Signing Officer

Name
Douglas E Wood Md
Title
President
Phone
3122025815
Signed
2017-11-06
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Douglas E Wood Md
Formed
1988
Legal Domicile
Il
Voting Board Members
11
Independent Board Members
11
Employees
0
Volunteers
61

Preparer

Firm
Plante & Moran Pllc
Address
10 S Riverside Plaza 9th Floor, Chicago, IL 60606
Preparer
Kimberly A Haumann
Phone
3122071040
Supplemental Narrative

Financial Statement Notes

Part X, Line 2:

The Foundation is exempt from income tax under the provisions of Internal Revenue Code Section 501(c)(3). Accounting principles generally accepted in the United States of America require management to evaluate tax positions taken by the Foundation and recognize a tax liability if the Foundation has taken an uncertain position that more likely than not would not be sustained upon examination by the IRS or other applicable taxing authorities. Management has analyzed the tax positions taken by the Foundation and has concluded that as of the year ended December 31, 2016, there are no uncertain positions taken or expected to be taken that would require recognition of a liability or disclosure in the financial statements.

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IRS990/Form990PartVIISectionAGrp/PersonNm1Douglas E Wood MD
IRS990/Form990PartVIISectionAGrp/PersonNm2Mark S Allen MD
IRS990/Form990PartVIISectionAGrp/PersonNm3Keith S Naunheim MD
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IRS990/Form990PartVIISectionAGrp/PersonNm10Joseph F Sabik MD
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IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE PRESIDENT
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IRS990/Form990PartVIISectionAGrp/TitleTxt3SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
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IRS990/GrantsToDomesticOrgsGrp/TotalAmt0167500
IRS990/GrantsToIndividualsInd01
IRS990/GrantsToOrganizationsInd01
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt0285218
IRS990/GrossReceiptsAmt01854307
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt011
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt01356
IRS990/InsuranceGrp/TotalAmt01356
IRS990/InvestmentIncomeGrp/ExclusionAmt051122
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt051122
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsPubTradedSecGrp/BOYAmt01231950
IRS990/InvestmentsPubTradedSecGrp/EOYAmt01617263
IRS990/IRPDocumentCnt02
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0IL
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt0317983
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0The mission of TSF is to foster the development of surgeon scientists in cardiothoracic surgery; increasing knowledge and innovation to benefit patient care.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt01998421
IRS990/NetAssetsOrFundBalancesEOYAmt02703989
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt0-32765
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0-32765
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0115235
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt026398
IRS990/OfficeExpensesGrp/TotalAmt026398
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0Bad Debt Expense
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0-20000
IRS990/OtherExpensesGrp/TotalAmt0-20000
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0373375
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0343056
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt05077
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt06559
IRS990/PrincipalOfficerNm0DOUGLAS E WOOD MD
IRS990/ProfessionalFundraisingInd00
IRS990/ProgSrvcAccomActy2Grp/Desc0EXHIBIT BOOTHS, A/V, AND FOOD/BEVERAGE AT INDUSTRY CONFERENCES.
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt032126
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0880422
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt0480355
IRS990/PYInvestmentIncomeAmt062088
IRS990/PYOtherExpensesAmt0312687
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0149468
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt0793042
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0942510
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0590333
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RelatedOrganizationsAmt0593000
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd00
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IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus1YearAmt0438098
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus2YearsAmt05000
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus3YearsAmt012650
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/CurrentTaxYearMinus4YearsAmt037000
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt01140557
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt01517967
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0880422
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0280922
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0228399
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0253137
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt03160847
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt051122
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt049516
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt029222
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt037217
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt033933
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0201010
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt051122
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt049516
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt029222
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt037217
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt033933
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0201010
IRS990ScheduleA/InvestmentIncomeCYPct00.05980
IRS990ScheduleA/InvestmentIncomePYPct00.06500
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.60090
IRS990ScheduleA/PublicSupportPY509Pct00.79140
IRS990ScheduleA/PublicSupportTotal509Amt02020290
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearAmt0647809
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus1YearAmt0438098
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus2YearsAmt05000
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus3YearsAmt012650
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus4YearsAmt037000
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt01140557
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt01517967
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0880422
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0280922
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0228399
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt0253137
IRS990ScheduleA/Total509Grp/TotalAmt03160847
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt01569089
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0929938
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0310144
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0265616
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt0287070
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt03361857
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/CYEndwmtFundGrp/AdministrativeExpensesAmt094250
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt0973645
IRS990ScheduleD/CYEndwmtFundGrp/ContributionsAmt0335425
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt01330943
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt0116123
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/AdministrativeExpensesAmt0126650
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt01136089
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/ContributionsAmt042760
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt0973645
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-78554
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd00
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd00
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt012675
IRS990ScheduleD/ExpensesSubtotalAmt0933316
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/InvestmentExpensesNotIncld2Amt012675
IRS990ScheduleD/InvestmentExpensesNotIncldAmt012675
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0115235
IRS990ScheduleD/RevenueNotReportedAmt0115235
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt012675
IRS990ScheduleD/RevenueSubtotalAmt01523649
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0The Foundation is exempt from income tax under the provisions of Internal Revenue Code Section 501(c)(3). Accounting principles generally accepted in the United States of America require management to evaluate tax positions taken by the Foundation and recognize a tax liability if the Foundation has taken an uncertain position that more likely than not would not be sustained upon examination by the IRS or other applicable taxing authorities. Management has analyzed the tax positions taken by the Foundation and has concluded that as of the year ended December 31, 2016, there are no uncertain positions taken or expected to be taken that would require recognition of a liability or disclosure in the financial statements.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X, Line 2:
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IRS990ScheduleD/TotalRevenuePerForm990Amt01536324
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01638884
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0933316
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt016750
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt125000
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt225000
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt3150000
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt4160000
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt580000
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt660000
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/CashGrantAmt75000
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt0Carolyn E. Reed Traveling Fellowship
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt1Acelity Research Grants
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt2STSA Research Grant
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt3NIH
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt4Research Grant
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt5STS Research Grant
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt6Braunwald Fellowship
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/GrantTypeTxt7HEART TO HEART MISSION GRANT
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt02
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt11
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt21
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt31
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt42
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt51
IRS990ScheduleI/GrantsOtherAsstToIndivInUSGrp/RecipientCnt61

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