SCHEDULE O
(Form 990)

Department of the Treasury
Internal Revenue Service
Supplemental Information to Form 990 or 990-EZ

Complete to provide information for responses to specific questions on
Form 990 or 990-EZ or to provide any additional information.
MediumBullet Attach to Form 990 or 990-EZ.
MediumBullet Go to www.irs.gov/Form990 for the latest information.
OMB No. 1545-0047
2021
Open to Public
Inspection
Name of the organization
The Chest Foundation
 
Employer identification number

36-3286520
Return Reference Explanation
Form 990, Part VI, Line 15a PROCESS TO ESTABLISH COMPENSATION OF TOP MANAGEMENT OFFICIAL THE ORGANIZATION DOES NOT COMPENSATE THE TOP MANAGEMENT OFFICIAL, THEREFORE, PART I OF SCHEDULE J HAS NOT BEEN COMPLETED AS WELL AS PART VI, SECTION B QUESTION 15A HAS BEEN ANSWERED NO.
Form 990, Part VI, Line 15b PROCESS TO ESTABLISH COMPENSATION OF OFFICERS & KEY EMPLOYEES THE ORGANIZATION DOES NOT COMPENSATE ANY OFFICERS OR EMPLOYEES. THEREFORE, PART I OF SCHEDULE J HAS NOT BEEN COMPLETED AS WELL AS PART VI, SECTION B QUESTION 15B HAS BEEN ANSWERED NO.
Form 990, Part VI, Line 1a Delegate broad authority to a committee The Governance Committee consists of Chest's Immediate Past President, the Foundation's Immediate Past President, three at-large regents from the Board of Regents, and two at-large members of the Board of Trustees to be selected by the CHEST and Foundation Presidents. The Governance Committee shall have the authority of the Board of Trustees subject to resolutions and rules of the Board. The Committee's actions and minutes of any of its meetings shall be maintained in the Foundation's records.
Form 990, Part VI, Line 6 Classes of members or stockholders American College of Chest Physicians, a related tax-exempt organization, is the sole voting member of the Chest Foundation.
Form 990, Part VI, Line 7a Members or stockholders electing members of governing body American College of Chest Physicians, a related tax-exempt organization, is the sole voting member of the organization and has the authority to elect the organization's governing body.
Form 990, Part VI, Line 7b Decisions requiring approval by members or stockholders The authority of American College of Chest Physicians, as the sole voting member, includes but is not limited to, voting on nominees for trustees, approval of the Chest Foundation's budget, and other such lawful business.
Form 990, Part VI, Line 11b Review of form 990 by governing body Prior to filing the return with the IRS, a draft of the completed form 990 is reviewed by the Board of Trustees.
Form 990, Part VI, Line 12c Conflict of interest policy Annually, the organization distributes an electronic conflict of interest questionnaire to all interested persons to determine if any potential or actual conflicts of interest exist. The Executive/Governance Division of the American College of Chest Physicians reviews each questionnaire electronically submitted by these individuals to determine if any potential or actual conflicts of interest exist and requires the attention of the board. If the board determines that an actual conflict exists, then the interested person with the conflict will recuse him/herself from any related discussion, vote or similar action on the matter.
Form 990, Part VI, Line 19 Required documents available to the public Financial statements, governing documents, and conflict of interest policies are not required disclosures pursuant to Internal Revenue Code (IRC) Section 6104. However, the Chest Foundation bylaws are available on our website www.chestfoundation.org
Form 990, Part IX, Line 11g Other Fees Other consultant - Total Expense: 282014, Program Service Expense: 194978, Management and General Expenses: 24000, Fundraising Expenses: 63036;
For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ.
Cat. No. 51056K
Schedule O (Form 990) 2021


Additional Data


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Software Version: 2021v4.2