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Med Star Inc. is a private corporation based in OAK BROOK, IL. The foundation received its IRS ruling in 2023. The principal officer is Paul Khanna. Contributions to this foundation are tax-deductible.
Med Star Inc. (EIN 92-1540747) is a private foundation based in Oak Brook, Illinois, classified under NTEE code H90 (Medical Research, Not Elsewhere Classified). The foundation was established with an IRS ruling date of January 2023 and operates under the direction of principal officer Paul Khanna at 1415 W 22nd Street, Suite 510, Oak Brook, IL 60523. This office address is in the Oakbrook Terrace corporate corridor, a major business hub in DuPage County. The foundation's classification code 1280 indicates it operates in the health category, and its foundation code 4 designates it as an operating foundation — meaning it primarily conducts its own charitable programs rather than making grants to other organizations. The NTEE H90 classification covers medical research organizations that do not fall into more specific categories (such as cancer research H30, heart/stroke H40, or pediatric research H60). This suggests the foundation may focus on interdisciplinary medical research, translational medicine, or a specialized area not covered by standard NTEE subcategories. The listed website (staralliance.com) is incorrect — it belongs to the Star Alliance airline network, not this foundation. No independent website has been identified for Med Star Inc. Note: This entity is distinct from MedStar Health, the large hospital system operating in the Washington, D.C. and Maryland region.
Med Star Inc. is a newly formed private foundation with no publicly available IRS 990-PF filings as of March 2026. The organization received its tax-exempt ruling in January 2023, so its first filing (likely for the 2023 tax year) may not yet have been processed and released by the IRS. Key financial indicators are currently unknown: no asset amount, no income amount, and no revenue amount are reported in the IRS Business Master File. The foundation's asset code and income code are both 0, indicating either zero values or data not yet reported. Without filing data, it is impossible to determine: (1) the foundation's annual revenue and contributions received; (2) its grant-making activity, if any; (3) its investment portfolio and endowment; (4) compensation paid to officers; or (5) the specific nature of its program expenditures. The Oak Brook, Illinois address (Suite 510 at 1415 W 22nd Street) is a professional office building, suggesting the foundation has some institutional infrastructure beyond a home-based operation. Given the NTEE H90 classification and operating foundation status, financial activity when reported will likely show direct program expenditures on medical research activities rather than grants to third parties.
Med Star Inc. is positioned within the medical research foundation landscape in the greater Chicago metropolitan area. Without financial data, comparisons are based on structural characteristics:
| Organization | Location | NTEE | Est. Year | Annual Revenue | Type |
|---|---|---|---|---|---|
| Med Star Inc. | Oak Brook, IL | H90 | 2023 | Unknown | Private Operating Foundation |
| American Medical Association Foundation | Chicago, IL | H90 | 1950 | $10M+ | Public Charity |
| Chicago Biomedical Consortium | Chicago, IL | H12 | 2005 | $5M+ | Public Charity |
| Shirley Ryan AbilityLab Foundation | Chicago, IL | H40 | 1990s | $50M+ | Public Charity |
| MATTER Innovation Hub | Chicago, IL | H99 | 2015 | $2M+ | Public Charity |
| Falk Medical Research Trust | Chicago, IL | H32 | 1980s | $3M+ | Private Foundation |
Med Star Inc. is significantly smaller and newer than established medical research foundations in the Chicago area. Its operating foundation classification means it is more comparable to research institutes that conduct their own programs than to traditional grantmaking foundations. The Oak Brook location places it in the western suburbs, away from the academic medical research corridor centered around the Illinois Medical District, Northwestern Medicine, and University of Chicago. Without financial data or a public presence, it is difficult to assess where Med Star Inc. fits within the spectrum of medical research philanthropic activity in the region.
Med Star Inc. was registered with an IRS ruling date of January 2023, making it approximately three years old as of March 2026. Despite this age, no IRS 990-PF filings have been publicly released, which is unusual — most organizations have at least one filing available within 18-24 months of establishment. Possible explanations include: (1) the foundation filed an extension; (2) the IRS has a processing backlog; (3) the foundation has been dormant or has minimal activity; or (4) filing data exists but has not yet been digitized by ProPublica or similar aggregators. The foundation has no detectable web presence: no website, no social media accounts, no press releases, and no news coverage were found. The listed website (staralliance.com) is definitively incorrect — it belongs to the Star Alliance airline network. No corrections or alternative URLs were identified. The registered address at 1415 W 22nd Street, Suite 510, Oak Brook, IL 60523 is in a multi-tenant office building in the Oakbrook Terrace area. The principal officer, Paul Khanna, does not have a prominent public profile in medical research or philanthropy based on available web sources. The foundation's IRS status remains active (exempt organization status code 1) as of the most recent BMF update in March 2026.
Med Star Inc. does not appear to be an active grantmaking foundation at this time. Based on available information, the organization is classified as an operating foundation (foundation code 4), which means it primarily conducts its own charitable programs rather than awarding grants to outside organizations. No grant application process, contact information, or public-facing materials were found. The listed website is incorrect (belongs to Star Alliance airline network, not this foundation), and no alternative contact methods beyond the registered mailing address are available. For researchers and organizations seeking medical research funding in the Chicago metropolitan area, consider these established alternatives: (1) American Medical Association Foundation — offers multiple research grant programs for physicians and medical students; (2) Chicago Biomedical Consortium — provides Catalyst Awards and other research grants to Chicago-area institutions; (3) Michael Reese Health Trust — funds health research and programs in Chicago; (4) Brinson Foundation — supports biomedical research in Illinois; (5) Siragusa Foundation — funds healthcare initiatives in the Chicago region. If you believe your work aligns with Med Star Inc.'s medical research focus and wish to explore a connection, the only available contact method is mail correspondence to: Med Star Inc., c/o Paul Khanna, 1415 W 22nd Street, Suite 510, Oak Brook, IL 60523.
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No specific application information is available for this foundation. Check the 990-PF filings below for application guidelines, or visit the foundation's website if listed above.
Foundation activities related to medical research and healthcare advancement, specific program details not yet publicly available due to the organization being newly established.
Med Star Inc. is a newly formed private foundation with no publicly available IRS 990-PF filings as of March 2026. The organization received its tax-exempt ruling in January 2023, so its first filing (likely for the 2023 tax year) may not yet have been processed and released by the IRS. Key financial indicators are currently unknown: no asset amount, no income amount, and no revenue amount are reported in the IRS Business Master File. The foundation's asset code and income code are both 0, indic.
Med Star Inc. (EIN 92-1540747) is a private foundation based in Oak Brook, Illinois, classified under NTEE code H90 (Medical Research, Not Elsewhere Classified). The foundation was established with an IRS ruling date of January 2023 and operates under the direction of principal officer Paul Khanna at 1415 W 22nd Street, Suite 510, Oak Brook, IL 60523. This office address is in the Oakbrook Terrace corporate corridor, a major business hub in DuPage County. The foundation's classification code 128.
Med Star Inc. is headquartered in OAK BROOK, IL.
Officer and trustee information is not yet available for this foundation. This data is typically reported in Part VIII of the 990-PF filing.
No individual grant records are available. Visit the foundation's 990-PF filings below for detailed grantee information.