Osteopathic Heritage Foundation
- Assets
- $257.2m
- Revenue
- $9.5m
- Investments
- $251.4m
- Employees
- 0
- Location
- Dublin, OH
- Founding
- 03/2004
- Data as of
- 12/2022
- EIN
- 31-6056252
Organization Overview
Osteopathic Heritage Foundation is located in Dublin, OH. The organization was established in 2004. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Osteopathic Heritage 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 12/2022, Osteopathic Heritage Foundation generated $9.5m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (12.1%) each year. All expenses for the organization totaled $8.7m during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (6.8%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, Osteopathic Heritage Foundation has awarded 254 individual grants totaling $111,806,035. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert A Palma DO Board Chairman | 1 | $0 | |
Ms Jane W Cunningham Vice Chair | 1 | $0 | |
Mr Ronald G Linville Treasurer | 1 | $0 | |
Rebecca Devillers DO Secretary | 1 | $0 | |
Thomas M Anderson DO Director | 1 | $0 | |
Tom Baker DO Director | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Highland Consulting Associates | 12/30/22 | $268,376 |
London Co | 12/30/22 | $223,734 |
John Gerlach & Company Llp | 12/30/22 | $148,450 |
Pnc | 12/30/22 | $74,606 |
Brandywine Global Investment Management | 12/30/22 | $72,103 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $35 |
| Interest on Savings | $0 |
| Dividends & Interest | $5,264,279 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $4,069,826 |
| Capital Gain Net Income | $4,069,826 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $175,854 |
| Total Revenue | $9,509,994 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $390,084 |
| Other employee salaries and wages | $663,873 |
| Pension plans, employee benefits | -$49,999 |
| Interest | $0 |
| Taxes | $286,284 |
| Depreciation | $31,205 |
| Occupancy | $82,934 |
| Travel, conferences, and meetings | $70,456 |
| Printing and publications | $564 |
| Other expenses | $181,507 |
| Total operating and administrative expenses | $2,600,153 |
| Contributions, gifts, grants paid | $6,122,934 |
| Total expenses and disbursements | $8,723,087 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,421,711 |
| Savings and temporary cash investments | $3,338,236 |
| Net Accounts receivable | $279,099 |
| 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 | $25,866 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $129,607,651 |
| Net Land, buildings, and equipment | $104,569 |
| Other assets | $648,485 |
| Total assets | $257,181,651 |
| Accounts payable and accrued expenses | $977,851 |
| Grants payable | $12,626,877 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $599,569 |
| Total liabilities | $14,204,297 |
Grants Awarded
Over the last fiscal year, Osteopathic Heritage Foundation has awarded $10,741,184 in support to 54 organizations.
| Grant Recipient | Amount |
|---|---|
ALVIS INC PURPOSE: TO STRENGTHEN THE BEHAVIORAL HEALTH AND SUBSTANCE USE DISORDER INFRASTRUCTURE AND ORGANIZATIONAL CAPACITY OF COMMUNITY BEHAVIORAL PROVIDERS IN FRANKLIN COUNTY. | $15,000 |
ALS FOUNDATION PURPOSE: ALS FOUNDATION GOLF OUTING IN HONOR OF MARC WILLIAMS. | $100 |
ALVIS INC PURPOSE: TO PROVIDE CAPACITY BUILDING AND PLANNING SUPPORT FOR YOUTH BEHAVIORAL HEALTH IN FRANKLIN COUNTY. | $10,000 |
AMERICAN ASSOCIATION OF COLLEGES OF OSTEOPATHIC MEDICINE PURPOSE: TO ENGAGE THE UNIFORMED SERVICES UNIVERSITY OF THE HEALTH SCIENCES TO CONDUCT AN INDEPENDENT, NATIONAL REVIEW OF OSTEOPATHIC RECOGNITION (OR) AND THE GRADUATE MEDICAL EDUCATION SYSTEM. | $105,112 |
AMERICAN ASSOCIATION OF COLLEGES OF OSTEOPATHIC MEDICINE PURPOSE: TO PROVIDE A GIFT IN HONOR OF ROBERT A. CAIN, DO FOR HIS PARTICIPATION IN THE JUNE 2022 OHF/OHFN BOARD MEETINGS. | $2,500 |
AMERICAN OSTEOPATHIC FOUNDATION PURPOSE: TO PROVIDE A GIFT IN HONOR OF KAREN J. NICHOLS, DO FOR HER PARTICIPATION IN THE JUNE 2022 OHF/OHFN BOARD MEETINGS. | $2,500 |