Happy Lungs Project
Our mission is to save the lives of ret-positive lung cancer patients by advancing research and treatment options.
Happy Lungs Project at a glance
- Total assets
- $555,190
- +42.6% vs 2024
- Revenue (2025)
- $307,543
- -44.6% vs 2024
- Expenses (2025)
- $141,581
- -77.6% vs 2024
- Latest 990 filing
- Form 990, 2025 View filing
Data from IRS Form 990, 2025; updated September 2026.
Who Happy Lungs Project funds
How this funder distributes its grants
Grant Size Distribution
5 grants across all recorded years
The most common grant size was in the $100–250K range: 3 grants of 5 (60%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
How Happy Lungs Project gives
- Giving grew 368% from 2021 to 2024. Method
From the foundation's IRS Form 990 filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2021 to 2024, annual grant giving ranged from $100K (2021) to $468K (2024). In 2024 it made 4 grants totaling $468K.
Grants by year
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 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants |
|---|---|---|---|---|---|
| 2025 | $555,190 | $307,543 | $141,581 | — | — |
| 2024 | $389,228 | $554,878 | $632,127 | $467,607 | 4 |
| 2023 | $466,477 | $362,802 | $624,272 | — | — |
| 2022 | $727,948 | $922,265 | $301,703 | — | — |
| 2021 | $107,386 | $216,750 | $109,364 | $100,000 | 1 |
About Happy Lungs Project
Based on IRS filings
Happy Lungs Project is a public charity focused on Medical Research, based in Austin, TX. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $555K in total assets.
Focus Areas
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 2025 report compensation.
Officers on the 2025 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
Edward Stewart Jr.
Treasurer
New on the 2025 filing
2 hrs/week
No compensation reported
Former officers (8)
- Former: Ned Stewart (2022–2024) — Treasurer
- 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, 2021–2025. "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 large is Happy Lungs Project?
Happy Lungs Project reported $555K in total assets on its 2025 IRS Form 990. Its revenue that year was $308K.
What is Happy Lungs Project?
Happy Lungs Project is a public charity focused on Medical Research, based in Austin, TX. It holds $555K in total assets as of 2025.
Where does Happy Lungs Project operate?
Happy Lungs Project has awarded grants in Massachusetts, New York, Texas.
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 2021–2025.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Data update history
(3)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2021 (received by the IRS November 14, 2022)
- Added Form 990 for fiscal year 2025 (received by the IRS June 29, 2026)
- IRS filings on file for fiscal years 2021–2024
Live grants for the work Happy Lungs Project funds
Medical Research Open opportunities, soonest deadline first.
Explore Open Grants
Browse active grant opportunities in Happy Lungs Project's focus areas in our free grants database
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Happy Lungs Project down — hundreds of funders to go?