2025-11-07T14:26:00+00:00 2024-12-31 331498605 Plante & Moran PLLC 10 SOUTH RIVERSIDE PLAZA 9TH FLOOR CHICAGO IL 60606 990 2024-01-01 363635910 THE THORACIC SURGERY FOUNDATION THOR 3122025815 633 N ST CLAIR SUITE 2100 CHICAGO IL 60611 KAREN M KIM MD DIRECTOR 2025-11-07 true true DAVID LOWENTHAL CPA P00378651 3122071040 2025-11-03 2024 2025-03-06 01:10:19Z KAREN M KIM MD 633 N ST CLAIR SUITE 2100 CHICAGO IL 60611 5164519 false X WWW.THORACICSURGERYFOUNDATION.ORG X 1988 IL THE MISSION OF TSF IS TO ADVANCE HEART AND LUNG HEALTH FOR ALL. 15 15 0 146 0 2733055 2814859 0 172461 237331 0 2905516 3052190 3200406 1833233 0 0 0 69453 105065 158782 3305471 1992015 -399955 1060175 9926161 11401896 2419774 2375173 7506387 9026723 X THE MISSION OF TSF IS TO ADVANCE HEART AND LUNG HEALTH FOR ALL. false false 964692 1000000 12 RESEARCH AWARDS TO FUND CLINICAL, APPLIED, AND DATA-FOCUSED RESEARCH IN ALL DISCIPLINES OF THE CARDIOTHORACIC SURGERY SPECIALTY. MOST AWARDS ARE GRANTED FOR A TWO-YEAR TERM, AND ARE SUBJECT TO A RIGOROUS, NIH-STYLE REVIEW AND SELECTION PROCESS ADMINISTERED BY EXPERT SURGEON SCIENTISTS. 623715 602648 109 SURGICAL OUTREACH & EDUCATIONAL AWARDS. THE SURGICAL OUTREACH AWARDS PROVIDE FUNDING FOR SURGICAL OUTREACH AND TRAINING IN UNDERSERVED AREAS AROUND THE WORLD. THESE AWARDS SUPPORT TRIPS FOR FULL SURGICAL TEAMS AND INDIVIDUAL INTERNATIONAL MEDICAL VOLUNTEERS, PRIMARILY FOCUSING ON TREATING RHEUMATIC HEART DISEASE AND CONGENITAL CONDITIONS GLOBALLY. EDUCATIONAL AWARDS IN THE FORM OF LATIN AMERICAN CONFERENCE SCHOLARSHIPS PROVIDE FUNDING TO CARDIOTHORACIC SURGEONS, PHYSICIANS, AND RESIDENTS FROM AROUND THE WORLD AT UNDER-RESOURCED INSTITUTIONS WHO TREAT UNDERSERVED PATIENTS, AND WHO DEMONSTRATE A FINANCIAL NEED. THE COURSE FOCUSES ON THE LATEST DEVELOPMENTS AND BEST PRACTICES IN CORONARY ARTERY DISEASE, CONGENITAL HEART DISEASE, THORACIC AORTIC DISEASE, ATRIAL FIBRILLATION, AND THE SURGICAL MANAGEMENT OF HEART FAILURE. 186478 200585 44 EDUCATION AWARDS TO PROVIDE SHORT-TERM TRAVELING FELLOWSHIP EXPERIENCES FOR SURGEONS IN ALL DISCIPLINES OF THE CARDIOTHORACIC SURGERY SPECIALTY TO LEARN A SPECIFIC SURGICAL TECHNIQUE FROM AN EXPERT IN THE FIELD. AWARDEES THEN BRING NEW EXPERTISE TO THEIR HOME INSTITUTIONS TO IMPROVE THE CARE OF PATIENTS IN THEIR REGION. 31158 30000 0 OTHER PROGRAM SERVICES: 3 EXTRAORDINARY WOMEN IN CARDIOTHORACIC SURGERY AWARDS, RECOGNIZING WOMEN CARDIOTHORACIC SURGEONS WHO HAVE DEMONSTRATED EXCEPTIONAL CLINICAL EXPERTISE AND MADE SIGNIFICANT CONTRIBUTIONS TO THE FIELD. 2 ALLEY SHERIDAN SCHOLARSHIPS FOR EARLY-CAREER AND MID-CAREER CARDIOTHORACIC SURGEONS TO ATTEND THE STS LEADERSHIP INSTITUTE. 1 VIVEN THOMAS LECTURE AWARD- SPEAKER HONORARIUM AT THE STS ANNUAL MEETING. 31158 30000 1806043 true true false false false false false false false false true false false false false false true true false false true false true false false false false true true true false false false false false false false false false false false false false false false true false false true false true 32 0 true 0 false false false false false false false false false false false false X 15 15 false true true false false true true true true false false false true true true true true true false false false false IL X KEITH BURA 3122025815 633 N ST CLAIR SUITE 2100 CHICAGO IL 60611 X Anthony L Estrera Treasurer 12.0 2.0 X X 0 0 0 Joseph A Dearani President 12.0 0 X X 0 0 0 Juan A Crestanello Secetary 12.0 0 X X 0 0 0 Virginia R Litle Vice President 12.0 0 X X 0 0 0 Carolyn A Dubeau Director 4.0 0 X 0 0 0 Edward P Chen Director 4.0 0 X 0 0 0 Elaine E Tseng Director 4.0 0 X 0 0 0 Emily A Farkas Director - Started 01/26/24 4.0 0 X 0 0 0 Gorav Ailawadi Director 4.0 0 X 0 0 0 Jennifer C Romano Director - Started 01/26/24 4.0 12.0 X 0 8000 0 Karen M Kim Director 4.0 2.0 X 0 0 0 Meena Nathan Director 4.0 0 X 0 0 0 Melanie A Edwards Director 4.0 0 X 0 0 0 Scott A LeMaire Director 4.0 0 X 0 0 0 Thomas E MacGillivray Director - Thru 01/26/24 4.0 2.0 X 0 0 0 Tom C Nguyen Director 4.0 0 X 0 0 0 Vinod H Thourani Director - Thru 01/26/24 4.0 3.0 X 0 1000 0 Lee A Wiensch Executive Director 40.0 0.0 X 0 176106 51608 0 185106 51608 1 false true false 0 320833 2494026 16300 2814859 0 0 0 0 0 206190 206190 0 0 2143470 2112329 31141 0 31141 31141 0 0 0 0 0 0 3052190 0 0 237331 437200 437200 1196025 1196025 200008 200008 0 0 0 0 12380 12380 33656 33656 36178 36178 33191 14625 10107 8459 168 84 84 37284 13618 5533 18133 13085 7742 2941 2402 53940 26970 26970 6330 3165 3165 Bank and Credit Card Fees 12930 662 3322 8946 Bad Debt Expense 10991 10991 Video Production 1294 1294 Miscellaneous 900 900 -93545 -94056 511 0 1992015 1806043 116519 69453 3291027 4028076 131851 125454 1060131 943418 0 0 0 0 4919 9022 62196 6495 935 55701 5437298 6240225 0 0 0 0 9926161 11401896 91801 73203 2327973 2301970 0 0 0 0 2419774 2375173 X 4335411 6152452 3170976 2874271 7506387 9026723 9926161 11401896 1060175 460161 0 X false true true false X 1347926 2974577 2586991 2733055 2814859 12457408 0 0 1347926 2974577 2586991 2733055 2814859 12457408 7200624 5256784 71717 119712 129471 141976 206190 669066 0 0 0 0 0 0 0 13126474 0 0.40047 0.678 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 62196 6495 55701 55701 4067993 460161 591820 0 1051981 3016012 36178 0 36178 3052190 2547657 591820 0 591820 1955837 36178 0 36178 1992015 true East Asia and the Pacific 0 0 Program Services Conference Attendance, Lodging & Travel 3000 South America 0 0 Program Services Surgical Outreach, Conference Attendance, Lodging & Travel 117648 South Asia 0 0 Program Services Surgical Outreach 13567 Sub-Saharan Africa 0 0 Program Services Surgical Outreach 2500 North America (Canada & Mexico only) 0 0 Program Services Research & educational Grants, Conference Attendance, Lodging & Travel 42134 Central America and the Caribbean 0 0 Program Services Conference Attendance, Lodging & Travel 1159 Europe (Including Iceland and Greenland) 0 0 Program Services Surgical Outreach 20000 0 0 0 0 0 0 200008 0 200008 Conference Attendance, Lodging & Travel East Asia and the Pacific 3 3000 CASH PAYMENT Surgical Outreach, Conference Attendance, Lodging & Travel South America 74 117648 CASH PAYMENT Surgical Outreach South Asia 5 13567 CASH PAYMENT Surgical Outreach Sub-Saharan Africa 1 2500 CASH PAYMENT Research & educational Grants, Conference Attendance, Lodging & Travel North America (Canada & Mexico only) 24 42134 CASH PAYMENT Conference Attendance, Lodging & Travel Central America and the Caribbean 1 1159 CASH PAYMENT Surgical Outreach Europe (Including Iceland and Greenland) 1 20000 CASH PAYMENT false false false false false false Schedule F, Part I, Line 2 Procedures for monitoring use of grant funds TSF REQUIRES INTERIM REPORTING FROM ALL AWARDEES, INCLUDING THOSE FROM OUTSIDE THE UNITED STATES. AT INTERVALS DURING THE AWARD TERM, AWARDEES MUST SUBMIT A WRITTEN UPDATE ON RESEARCH OR FELLOWSHIP PROGRESS, AIMS ACHIEVED OR IN PROCESS, OBSTACLES ENCOUNTERED, AND A BUDGET UPDATE THAT DESCRIBES USE OF AWARDED FUNDS. THESE REPORTS ARE REVIEWED BY TSF STAFF AND LEADERSHIP TO MONITOR THE APPROPRIATE USE OF GRANTS AND TO ENSURE THAT GRANTEE ACTIVITIES ALIGN WITH THE ORGANIZATION'S MISSION. true Hearts for Mission International 901 San Bernardino Rd Upland CA 91786 921978678 501(c)(3) 15000 EVERY HEART BEAT MATTERS DIVINE WILL FOUNDATION PO Box 235795 Encinitas CA 92024 463820097 501(c)(3) 35000 EVERY HEART BEAT MATTERS DUKE UNIVERSITY PO BOX 602651 Charlotte NC 27708 560532129 501(c)(3) 70000 EVERY HEART BEAT MATTERS James Whitcomb Riley Memorial Association Inc 500 N Meridian Street Suite 100 Indianapolis IN 46204 824499607 501(c)(3) 35000 EVERY HEART BEAT MATTERS PERUVIAN AMERICAN MEDICAL SOCIETY 3009 Toreador Dr NE Albuquerque NM 87111 382827478 501(c)(3) 37200 EVERY HEART BEAT MATTERS REGENTS OF THE UNIVERSITY OF MINNESOTA NW 5957 PO Box 1450 Minneapolis MN 55485 416007513 501(c)(3) 35000 EVERY HEART BEAT MATTERS THE UNIVERSITY OF TEXAS AT AUSTIN 110 Inner Campus Dr MS K5300 Austin TX 78705 746000203 501(c)(3) 35000 EVERY HEART BEAT MATTERS UNIVERSITY OF UTAH Office of Sponsored Projects 201 Salt Lake City UT 84112 876000525 501(c)(3) 35000 EVERY HEART BEAT MATTERS UNIVERSITY OF WASHINGTON 12455 Collections Dr Chicago IL 60693 916001537 501(c)(3) 35000 EVERY HEART BEAT MATTERS UPMC PINNACLE FOUNDATION 409 S 2nd Street Suite 2A Harrisburg PA 17113 222691718 501(c)(3) 35000 EVERY HEART BEAT MATTERS VOOM FOUNDATION 1602 Rock Prairie Rd Ste 130A College Station TX 77845 582678884 501(c)(3) 35000 EVERY HEART BEAT MATTERS WILLIAM NOVICK GLOBAL CARDIAC ALLIANCE 1750 Madison Ave Ste 500 Memphis TN 38104 061008595 501(c)(3) 35000 EVERY HEART BEAT MATTERS 12 0 CAROLYN REED TRAVELING FELLOWSHIP 1 10000 MICHAEL DAVIDSON FELLOWSHIP 1 20000 TSF RESEARCH 2 290000 Lung Cancer Research Award 1 100000 AZ Minority Health Research 1 100000 BRAUNWALAD RESEARCH AWARD 1 110000 STSA RESEARCH AWARD 1 80000 REPLOGLE TRAVELING FELLOWSHIP 1 10000 ALLEY SHERIDAN 2 5000 STS RESEARCH AWARD 1 180000 STS Coronary Conference Resident Scholarship 3 5360 Nicholas Kouchoukos Award 1 10000 Vivien Thomas Award 1 10000 Extraordinary Women in CT Surgery 3 15000 Douglas Mathisen Traveling Fellowship 2 15000 Robotic Cardiac Fellowship 1 25000 STS Database Clinical Research 1 80000 Catalyst Award for Research Support 2 40000 Catalyst Award for Data Access 2 20000 STS Perioperative & Critical Care Conference 3 3600 STS Mastering Valve Surgery Workshop 3 5565 STS Asian Conference Scholarships 8 9000 International Medical Volunteer Scholarship 3 7500 Every Heartbeat Matters 1 35000 Robotic Thoracic Surgery Equity and Access Award 1 10000 Schedule I, Part I, Line 2 Procedures for monitoring use of grant funds EACH TSF GRANT PROJECT IS THOROUGHLY EVALUATED AND SCORED BY THREE TSF RESEARCH COMMITTEE REVIEWERS. THE RESEARCH REVIEWERS HAVE BEEN APPOINTED BYTHE TSF PRESIDENT AND APPROVED BY THE TSF BOARD OF DIRECTORS, AND SPECIALIZE IN THORACIC SURGERY. THE GRANT APPLICANT IS REQUIRED TO SUBMIT HIS/HER APPLICATION INCLUDING CV, HIS/HER MENTOR'S CV, RESEARCH DESCRIPTION, PHOTO, AND THREE LETTERS OF RECOMMENDATION FROM THE APPLICANT'S SUPERIOR AT THE INSTITUTION OF WHICH THEY ARE APPLYING THE RESEARCH. THE LETTERS OF RECOMMENDATION MUST COME FROM DEPARTMENT CHAIRS,PROGRAM DIRECTORS, OR SPONSORS AT THE INSTITUTION IN WHICH THE RESEARCH OCCURS. THE APPLICANT'S SPONSOR'S CV IS ALSO EVALUATED. EACH SUBSEQUENT GRANT PAYMENT IS ISSUED AFTER THE APPLICANT SUBMITS A VALID PROGRESS REPORT, AND AFTER THE INSTITUTION SUPPLIES A SIGNED FINANCIAL PROGRESS REPORT VALIDATING THE EXPENSES. false false false false false false false false false Lee A Wiensch Executive Director 0 159694 0 16412 0 0 0 15364 0 36244 0 227714 0 0 Schedule J, Part I, Line 3 THE SOCIETY OF THORACIC SURGEONS THROUGH ITS MANAGEMENT AGREEMENT WITH TSF IS RESPONSIBLE FOR DETERMINING COMPENSATION AND BENEIFTS. THE STS PROCESS INCLUDES ENGAGING WITH AN INDEPENDENT COMPENSATION CONSULTANT PERIODICALLY, USUALLY EVERY TWO OR THREE YEARS, TO PERFORM A MARKET SALARY ANALYSIS FOR STS POSITIONS. THE CONSULTANT MEETS WITH HUMAN RESOURCES TO ASCERTAIN INFORMATION RELEVANT TO EACH POSITION. THE CONSULTANT ALSO REVIEWS EACH OF THE POSITION DESCRIPTIONS, DETERMINES APPROPRIATE MATCHES FROM COMPENSATION MARKET SURVEYS, E.G., TOWERS WATSON, PRM, ASSOCIATION FORUM, AND ASAE, FOR COMPARABLE POSITIONS AT SIMILARLY SITUATED ORGANIZATIONS, AND COMPILES AND ANALYZES THIS MARKET DATA FOR EACH POSITION. THE CONSULTANT MEETS WITH THE CEO/EXECUTIVE DIRECTOR, VICE PRESIDENT OF FINANCE & ADMINISTRATION AND ASSOCIATE DIRECTOR OF HUMAN RESOURCES TO REVIEW THE COMPENSATION ANALYSIS, AND MAKES ADJUSTMENTS TO THE ANALYSIS, AS APPROPRIATE. UTILIZING THE CONSULTANT'S ANALYSIS, THE CEO/EXECUTIVE DIRECTOR MAKES SALARY ADJUSTMENTS. AN INDEPENDENT COMPENSATION CONSULTANT WAS UTILIZED AS PART OF THIS PROCESS IN 2021. ADJUSTMENTS ARE MADE TO SALARIES ANNUALLY FOR MERIT INCREASES, WHICH ARE BASED ON FORMAL PERFORMANCE EVALUATIONS. Form 990, Part III, Line 4d Description of other program services (Expenses $ 31,158 including grants of $ 30,000)(Revenue $ 0) OTHER PROGRAM SERVICES: 3 EXTRAORDINARY WOMEN IN CARDIOTHORACIC SURGERY AWARDS, RECOGNIZING WOMEN CARDIOTHORACIC SURGEONS WHO HAVE DEMONSTRATED EXCEPTIONAL CLINICAL EXPERTISE AND MADE SIGNIFICANT CONTRIBUTIONS TO THE FIELD. 2 ALLEY SHERIDAN SCHOLARSHIPS FOR EARLY-CAREER AND MID-CAREER CARDIOTHORACIC SURGEONS TO ATTEND THE STS LEADERSHIP INSTITUTE. 1 VIVEN THOMAS LECTURE AWARD- SPEAKER HONORARIUM AT THE STS ANNUAL MEETING. Form 990, Part VI, Line 15 COMPENSATION REVIEW PROCESS COMPENSATION OF THE EXECUTIVE DIRECTOR IS DETERMINED BY A RELATED ORGANIZATION, THE SOCIETY OF THORACIC SURGEONS OF CHICAGO. THE RELATED ORGANIZATION UTILIZES AN INDEPENDENT COMPENSATION CONSULTANT, AND COMPENSATION SURVEYS OR STUDIES, TO DETERMINE COMPENSATION OF THE EXECUTIVE DIRECTOR OF TSF. Form 990, Part VI, Line 18 HOW FORMS ARE MADE AVAILABLE TO THE PUBLIC 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, Line 3 Delegation of management duties THE SOCIETY OF THORACIC SURGEONS (STS) 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, Line 4 Significant changes to organizational documents DURING 2024, TSF REVISED ITS BYLAWS. THESE REVISIONS WERE AS FOLLOWS: 1. A new position of Historian (Non-Voting)was established. 2 Set the maximum number of TSF Board seats at 16 and the minimum number of Board seats at 11 to facilitate the added Board position and ensure compliance with Illinois state requirements that permitted a range of no more than five seats on a board of directors). Form 990, Part VI, Line 7a Members or stockholders electing members of governing body THE SOCIETY OF THORACIC SURGEONS, A RELATED ORGANIZATION, IS RESPONSIBLE FOR THE APPROVAL OF BYLAW CHANGES AS WELL AS APPROVAL AND APPOINTMENT OF OFFICERS AND BOARD MEMBERS. Form 990, Part VI, Line 7b Decisions requiring approval by members or stockholders THE SOCIETY OF THORACIC SURGEONS, A RELATED ORGANIZATION, IS RESPONSIBLE FOR THE APPROVAL OF BYLAW CHANGES AS WELL AS APPROVAL AND APPOINTMENT OF OFFICERS AND BOARD MEMBERS. Form 990, Part VI, Line 11b Review of form 990 by governing body 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, Line 12c Conflict of interest policy 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, Line 19 Required documents available to the public 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. Form 990, Part VII, Section A COMPENSATION COMPENSATION REPORTED FOR LEE WIENSCH, TSF'S CURRENT EXECUTIVE DIRECTOR, IS PAID BY A RELATED ORGANIZATION AND COMMON PAYMASTER, THE SOCIETY OF THORACIC SURGEONS (STS) EIN 36-3022713. SINCE ALL SERVICES PERFORMED BY THIS INDIVIDUAL ARE FOR THE THORACIC SURGERY FOUNDATION, THE COMPENSATION HAS BEEN REPORTED IN COLUMN D AS IF PAID BY THE FILING ORGANIZATION. STS HAS COMPLIED WITH PAYROLL FILING REQUIREMENTS. THE SOCIETY OF THORACIC SURGEONS 633 N SAINT CLAIR ST CHICAGO IL 60611 363022713 TO ENHANCE THE ABILITY OF CARDIOTHORACIC SURGEONS. IL 501(c)(6) NA false false false true false false false false false false false false false true true true true false false true THE SOCIETY OF THORACIC SURGEONS C 320833 CASH PAID