Rothman Institute Orthopaedic Foundation

Organization Overview

Rothman Institute Orthopaedic Foundation is located in Philadelphia, PA. The organization was established in 1985. According to its NTEE Classification (H12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Medical Research and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Rothman Institute Orthopaedic Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2021, Rothman Institute Orthopaedic Foundation generated $561.0k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.1% each year. All expenses for the organization totaled $272.7k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

ROTHMAN INSTITUTE ORTHOPAEDIC FOUNDATION ENGAGES IN AND SUPPORTS BASIC SCIENTIFIC CLINICAL RESEARCH IN DISEASES OF THE SKELETAL SYSTEM AND RELATED ACTIVITIES.

Describe the Organization's Program Activity:

Part 3 - Line 4a

DIRECT RESEARCH EXPENDITURES AND REIMBURSEMENT OF COSTS TO THOMAS JEFFERSON UNIVERSITY HOSPITAL FOR APPROVED EXPENDITURES IN GENERAL RESEARCH ASSOCIATED WITH ORTHOPAEDIC RESEARCH STUDIES.


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Board, Officers & Key Employees

Name (title)Compensation
Alexander Vaccaro
President/director
$0
Chelsey Conway
Director
$0
Debra Gruenstein ESQ
Director
$0
Bill Rosoff
Director
$0
Ray Pennacchia
Director
$0
Richard Barnhart
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$480,150
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$480,150
Total Program Service Revenue$45,287
Investment income $35,551
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $560,988

Grants Recieved

Over the last fiscal year, we have identified 5 grants that Rothman Institute Orthopaedic Foundation has recieved totaling $254,316.

Awarding OrganizationAmount
Omega Medical Grants Association

Rosemont, IL

PURPOSE: FELLOWSHIP

$195,500
The Knee Society Inc

Schaumburg, IL

PURPOSE: RESEARCH

$25,000
Cervical Spine Research Society Inc

Milwaukee, WI

PURPOSE: RESEARCH GRANT

$15,000
Arthroscopy Association Of North America Inc

Rosemont, IL

PURPOSE: Education

$10,452
American Orthopaedic Foot & Ankle Society

Rosemont, IL

PURPOSE: 2021 FELLOWSHIP GRANT

$8,364
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$1,577,919
Earnings$160,355
Other Expense$150
Ending Balance$1,738,124

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