The Northbrook, Illinois-based venture philanthropy was established in 2016 by a family affected by IPF, with the aim of improving the quality of life for those with the disease. Three Lakes Partners collaborates with problem-solvers globally to drive public awareness and accelerate solutions for IPF. The Three Lakes Foundation, which it created, aims to unite research, industries, and philanthropy in pulmonary fibrosis to improve time to diagnosis and accelerate new therapies. The company is committed to changing the course of care for future patients, caregivers, and physicians, and refuses to sit still until every person can breathe freely.