To support researchers and clinicians in their work toward finding a cure for ret positive non-small cell lung cancer, while providing helpful information to empower each patient in their own healing.
Key facts about Happy Lungs Project
In short: Happy Lungs Project gave $468K across 4 grants in 2024 (avg $117K), mostly in Texas. Source: 2024 IRS Form 990 filing.
- EIN
- 87-0957020
- Latest 990 filing
- Form 990 filing, 2024
- Annual giving (2024)
- $467,607
- Grants made (2024)
- 4
- Average grant
- $116,902
- Median grant
- $110,212
- Total assets
- $389,228
- Primary geography
- Texas (53% of itemized 2024 grant dollars)
Data from IRS Form 990 filing, 2024; updated September 2026.
Financial Overview
From 2024 IRS Form 990 filing · View filing
Total Assets
$389K
-16.6% YoY
Annual Giving
$468K
Grant Count
4
Avg Grant Size
$117K
How Happy Lungs Project gives
- Giving grew 368% from 2021 to 2024. Method
From the foundation's IRS Form 990 filings. Methodology.
About Happy Lungs Project
Based on IRS filings
Happy Lungs Project is a nonprofit organization focused on Medical Research, based in Austin, TX. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $389K in total assets. In 2024, it awarded 4 grants totaling $468K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 4 itemized 2024 grant dollars.
States
Cities
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 4 recipients in 2024
Grant Size Distribution
5 grants across all recorded years
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| MD ANDERSON CANCER CENTER Houston, TX | RESEARCH GRANTS FOCUSED ON RET RELATED DISEASE | $215,103 |
| MASSACHUSETTS GENERAL HOSPITAL Boston, MA | RESEARCH GRANTS FOCUSED ON RET RELATED DISEASE | $123,486 |
| MEMORIAL SLOAN KETTERING CANCER CENTER New York, NY | RESEARCH GRANTS FOCUSED ON RET RELATED DISEASE | $96,937 |
| UT SOUTHWESTERN MEDICAL CENTER Dallas, TX | RESEARCH GRANTS FOCUSED ON RET RELATED DISEASE | $32,081 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $389,228 | $466,477 | $727,948 |
| Revenue | $554,878 | $362,802 | $922,265 |
| Expenses | $632,127 | $624,272 | $301,703 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | — | — | — |
| Distributable Amount | — | — | — |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2021–2024
Leadership & Key People
Officers and directors from IRS filings
Happy Lungs Project is led by Mark Strama, Chairman since 2024 (on filings since 2022); none of the 3 officers listed in 2024 report compensation.
Officers on the 2024 filing
Mark Strama
Chairman
Member → Chairman, 2024
On filings since 2022
2 hrs/week
No compensation reported
Ilana Stromberg
Secretary
Member → Secretary, 2024
On filings since 2022
2 hrs/week
No compensation reported
Ned Stewart
Treasurer
On filings since 2022
2 hrs/week
No compensation reported
Former officers (7)
- Former: Carolyn Farb (2021) — Member
- Former: Dennis Debakey (2021) — Member
- Former: Joel Fineberg (2021) — Member
- Former: John Jamail (2021) — Member
- Former: Sophia Fineberg (2021) — Member
- Former: Susan Debakey (2021) — Member
- Former: Upal Basu Roy (2021) — Member
Data from IRS Form 990 filings, 2021–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Happy Lungs Project
How much does Happy Lungs Project give each year?
Happy Lungs Project gave $468K across 4 grants in 2024, according to its 2024 IRS Form 990 filing.
What is Happy Lungs Project's typical grant size?
Happy Lungs Project's median grant in 2024 was $110,212, and its average grant was $116,902, across 4 grants on its 2024 IRS Form 990 filing.
Where does Happy Lungs Project give grants?
Happy Lungs Project gives mostly in Texas: 53% of the grant dollars itemized on its 2024 IRS Form 990 filing went to recipients there. The next largest states were Massachusetts (26%) and New York (21%).
Does Happy Lungs Project give general operating support?
Not in 2024: none of the 4 grants with a stated purpose on Happy Lungs Project's 2024 IRS Form 990 filing were described as general or operating support. Recurring purposes include "Research Grants Focused on Ret Related Disease" (4 grants).
How large is Happy Lungs Project?
Happy Lungs Project reported $389K in total assets on its 2024 IRS Form 990 filing. Its revenue that year was $555K.
What is Happy Lungs Project?
Happy Lungs Project is a nonprofit organization focused on Medical Research, based in Austin, TX. It holds $389K in total assets as of 2024.
What is Happy Lungs Project's EIN?
Happy Lungs Project's EIN (Employer Identification Number) is 87-0957020. IRS Form 990 filing data is available on this page for 2021–2024.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Here's the math on researching Happy Lungs Project by hand.
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