Obstetrics & Gynecology Fund
- Assets
- $1.8m
- Revenue
- $18.8k
- Investments
- $0.0
- Employees
- 0
- Location
- Newtown Square, PA
- Founding
- 11/1974
- Data as of
- 12/2023
- EIN
- 23-7116158
Organization Overview
Obstetrics & Gynecology Fund is located in Newtown Square, PA. The organization was established in 1974. According to its NTEE Classification (E11) the organization is classified as: Single Organization Support, under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Obstetrics & Gynecology Fund 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 12/2023, Obstetrics & Gynecology Fund generated $18.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (15.6%) each year. All expenses for the organization totaled $124.0k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
DEVELOPMENT AND TRAINING OF A SIMULATION EQUIPMENT TRAINING CENTER FOR THE RESIDENTS
RESIDENT WELLNESS - INCLUDING GRADUATION, AWARDS, WEEKLY CONFERENCE EXPENSES, WELCOME PACKETS FOR NEW TRAINEES, SPECIAL EVENTS AND ACTIVITIES
EDUCATION AND TRAINING - INCLUDING RESEARCH ACTIVITIES, EDUCATIONAL BOOKS, SEMINARS, LOCAL AND NATIONAL MEETINGS AND MISSION TRIPS
RESEARCH SUPPORT
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Janine Barsoum DO Trustee | 1 | $0 | |
James F Burke MD Trustee | 1 | $0 | |
Crystal Brogan Trustee | 1 | $0 | |
David Phillips Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $51,998 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$33,219 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $18,779 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $513 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $76,005 |
| Total operating and administrative expenses | $123,964 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $123,964 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $43,915 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $1,804,096 |
| Total assets | $1,848,011 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Obstetrics & Gynecology Fund has awarded $95,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
NORMAN A BREST MD PURPOSE: SUPPORT FOR EDUCATION OF RESIDENTS AND MEDICAL STUDENTS | $15,000 |
LANKENAU OBGYN RESIDENT MISSION FUND PURPOSE: SEND RESIDENTS/TRAINEES ON MISSION TRIPS TO TAKE CARE OF UNDERSERVED PEOPLE IN AREAS OF NEED. EG. GUATEMALA | $80,000 |