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Pediatric Interventional Cardiacsymposium Foundation

EIN 20-8266788 · Chicago, IL

Public records show a registered, tax-exempt organization in good standing.

LegitimacyPassesRegistration and standingFinancial healthStrong90 out of 100GovernanceGood70 out of 100Impact evidenceDescribes programsHow well its results are evidenced

What it says it does

TO EDUCATE PHYSICIANS AND HEALTHCARE PROFESSIONALS INVOLVED IN THE CARE OF CHILDREN AND ADULTS WITH CONGENITAL AND STRUCTURAL HEART DISEASE IN THE LATEST ADVANCES IN THE FIELD OF INTERVENTIONAL THERAPIES FOR CONGENITAL AND STRUCTURAL HEART DEFECTS.

Income
$2.0 million
Spending
$2.0 million
Spent on programs
94%
Reserves
8.5 months of spending
Largest source of income
fees for its services, 84%
Employees
0
Volunteers
3
Highest pay
$19,650, deputy executive director

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Financial health

Strong: 90 out of 100. Higher than 65% of charities in its peer group (medical research, $1m to $10m).

  • Reserves

    28 of 35

    Spendable reserves would cover 8.5 months of spending.

  • Debt

    20 of 20

    It owes 0% of what it owns.

  • Living within its means

    12 of 15

    Income exceeded spending by 1% of income.

  • Income trend

    15 of 15

    Income rose 101% on the year before.

  • Spending floor

    15 of 15

    94% of spending went to programs and raising each dollar of donations cost 0 cents.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Governance

Good: 70 out of 100. Higher than 19% of charities in its peer group (medical research, $1m to $10m).

  • Independent board

    25 of 25

    8 of 8 voting board members are independent.

  • Conflict of interest policy

    15 of 15

    Has a written conflict of interest policy.

  • Whistleblower policy

    0 of 8

    Reports no written whistleblower policy.

  • Record keeping policy

    0 of 7

    Reports no written policy on keeping and destroying records.

  • Board minutes

    5 of 5

    Keeps minutes of board meetings.

  • Board sees the tax return

    0 of 10

    Did not give the board a copy of this return before filing it.

  • Pay set independently

    0 of 5

    Reports no independent review process for its chief executive's pay.

  • Independent check of accounts

    15 of 15

    Its accounts were audited by an independent accountant.

  • No reported misuse

    10 of 10

    Reports no diversion of assets, excess benefits or loans to insiders.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Impact evidence

Describes programs. Its tax return describes what it does but we have found no measurable results in it.

Programs described in its return (3)
  1. $1.9 million spent. ANNUAL SYMPOSIUM FOR HEALTHCARE PROFESSIONALS. THE PURPOSE OF THE SYMPOSIUM IS TO EDUCATE PHYSICIANS AND HEALTHCARE PROFESSIONALS INVOLVED IN THE CARE OF CHILDREN AND ADULTS WITH CONGENITAL AND STRUCTURAL HEART DISEASE IN THE LATEST ADVANCES IN THE FIELD OF INTERVENTIONAL THERAPIES FOR CONGENITAL AND STRUCTURAL HEART DEFECTS. THE MAIN ACTIVITY OF THE FOUNDATION IS AN ANNUAL EDUCATIONAL CONFERENCE. IN 2024 THE FOUNDATION HELD TWO SEPARATE CONFERENCES: (1) PICS SYMPOSIUM 2024 IN SAN DIEGO, CALIFORNIA, AND (2) PICS ISTANBUL 2024 IN ISTANBUL, TURKEY.
  2. MEMBERSHIP DUES. PICS SOCIETY. THE MISSION OF THE PICS SOCIETY IS TO PROMOTE THE HIGHEST QUALITY CARE GLOBALLY FOR INFANTS, CHILDREN AND ADULTS WITH CONGENITAL HEART DISEASE THROUGH MINIMALLY INVASIVE TECHNIQUES AND TO FURTHER KNOWLEDGE AND SKILLS OF ALL INVOLVED, FOSTERING RESEARCH, EDUCATION AND ADVOCACY. AMONG THE MANY GOALS OF THE SOCIETY ARE PROMOTING EARLY CAREER DEVELOPMENT; ADVOCATING FOR PATIENTS; ENGAGING NURSES, TECHNOLOGISTS & OTHER MEDICAL PROFESSIONALS; EXPANDING EDUCATIONAL OFFERINGS; AND ESTABLISHING GUIDELINES FOR QUALITY IN THE FIELD.
  3. PUBLICATIONS: PICS REGULARLY PUBLISHES SCHOLARLY STUDIES USED BY COLLEGES, UNIVERSITIES, HOSPITALS, AND THE GENERAL PUBLIC. IN 2023, PICS RELEASED A GLOBAL CLINICAL GUIDELINE FOR CHD TREATMENT, PUBLISHED IN MULTIPLE JOURNALS AND SHARED WITH MEDIA AND PROFESSIONALS. A SECOND MAJOR GUIDELINE DEFINING PATIENT ELIGIBILITY FOR MINIMALLY INVASIVE CHD TREATMENTIS SCHEDULED FOR PUBLICATION IN 2026. SINCE 2022, PICS HAS PARTNERED WITH SPRINGER PUBLISHING TO DESIGNATE PEDIATRIC CARDIOLOGY JOURNAL AS ITS OFFICIAL JOURNAL. THROUGH THIS PUBLICATION PICS DISSEMINATES VITAL RESEARCH & CLINICAL PRACTICE INFORMATION TO THE PROFESSIONAL COMMUNITY AND TRADE PRESS, AND VIA THOSE MEANS TO THE LAY MEDIA AND THE PUBLIC. SINCE 2021, PICS HAS PARTNERED WITH CONGENITAL CARDIOLOGY TODAY NEWSLETTER TO DISTRIBUTE MONTHLY EDUCATIONAL ARTICLES AND COMMITTEE RECOMMENDATIONS TO THE MEDIA AND PUBLIC.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Legitimacy checks

  1. Is it registered with the IRS? Passed.

    Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  2. Has the IRS revoked its tax-exempt status? Passed.

    Not on the IRS automatic revocation list.

    Source: Automatic revocation of exemption list, Internal Revenue Service, file dated November 6, 2026.

  3. Are donations tax-deductible? Passed.

    On the IRS list of organizations eligible to receive tax-deductible contributions.

    Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.

  4. Is it keeping up with its IRS filings? Passed.

    Most recent return on file covers the year ending December 2024.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  5. How long has it been tax-exempt? Passed.

    Recognized by the IRS since October 2007.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  6. Is it in good standing with state regulators? Passed.

    Not on California's list of charities barred from soliciting. Other states are not yet checked.

    Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated November 4, 2026.

Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.