Ocpm Foundation
- Assets
- $21.0m
- Revenue
- $711.0k
- Investments
- $18.4m
- Employees
- 3
- Location
- Independence, OH
- Founding
- 08/1937
- Data as of
- 06/2022
- EIN
- 34-0726107
Organization Overview
Ocpm Foundation is located in Independence, OH. The organization was established in 1937. According to its NTEE Classification (B50) the organization is classified as: Graduate & Professional Schools, under the broad grouping of Education and related organizations. As of 06/2022, Ocpm Foundation employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ocpm 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 06/2022, Ocpm Foundation generated $711.0k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 24.1% each year . All expenses for the organization totaled $11.1m during the year ending 06/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Ocpm Foundation has awarded 91 individual grants totaling $11,989,203. 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.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE OHIO COLLEGE OF PODIATRIC MEDICINE FOUNDATION IS ORGANIZED SPECIFICALLY TO PROMOTE AND FOSTER GENERAL PODIATRIC EDUCATION, LEARNING AND RESEARCH.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SUPPORT OF PODIATRIC MEDICAL EDUCATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Douglas V Epp Chairman | 2 | $0 | |
Alan Block Board Member | 2 | $0 | |
Eugene M Pascarella Board Member | 2 | $0 | |
Henry B Green Board Member - Emeritas | 2 | $0 | |
James Mirgliotta Board Member | 2 | $0 | |
Richard A Ransom Board Member | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $279,524 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $431,462 |
| Capital Gain Net Income | $431,462 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $710,986 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $370,125 |
| Other employee salaries and wages | $15,425 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $35,561 |
| Depreciation | $1,711 |
| Occupancy | $36,204 |
| Travel, conferences, and meetings | $79,601 |
| Printing and publications | $0 |
| Other expenses | $81,861 |
| Total operating and administrative expenses | $860,179 |
| Contributions, gifts, grants paid | $10,272,078 |
| Total expenses and disbursements | $11,132,257 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $134,952 |
| Savings and temporary cash investments | $2,437,150 |
| 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 | $20,043 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $81,526 |
| Total assets | $21,035,780 |
| Accounts payable and accrued expenses | $31,455 |
| Grants payable | $4,111,626 |
| 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 | $4,143,081 |
Grants Awarded
Over the last fiscal year, Ocpm Foundation has awarded $10,272,078 in support to 26 organizations.
| Grant Recipient | Amount |
|---|---|
TEXAS PODIATRIC MEDICAL ASSOCIATION PURPOSE: 2021 TPMA ANNUAL CONFERENCE | $5,000 |
CALIFORNIA PODIATRIC MEDICAL ASSOCIATION PURPOSE: 2021 WESTERN FOOT & ANKLE CONFERENCE | $25,000 |
OHIO FOOT AND ANKLE MEDICAL FOUNDATION PURPOSE: 105TH OHIO FOOT & ANKLE SCIENTIFIC SEMINAR | $15,000 |
KENT STATE UNIVERSITY COLLEGE OF PODIATRIC MEDICINE PURPOSE: CHARITABLE DONATION | $10,000,000 |
NORTHEAST OHIO ACADEMY OF PODIATRIC MEDICINE PURPOSE: THE FALL CLASSIC | $7,500 |
MIDWEST PODIATRY CONFERENCE PURPOSE: MIDWEST PODIATRY CONFERENCE | $25,000 |