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The John Lachman Orthopedic Research Fund

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 030538300 ✦ St davids, PA ✦ Designated as a 501(c)(3)

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Overview

What is The John Lachman Orthopedic Research Fund?

The John Lachman Orthopedic Research Fund is a nonprofit organization, specifically established to support the research, education, and related endeavors of orthopedic surgery residents at Temple University Hospital, located in St. Davids, Pennsylvania (19087). The organization's activities primarily involve awarding prize money for resident research, presenting research at national meetings, offering honoraria for sponsored lectures, publishing journals, and facilitating student attendance at seminars. In essence, this fund plays a crucial role in fostering the academic growth and advancements of orthopedic surgery residents at Temple University Hospital.


Official website here: www.lachmanfund.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 97%, Four-Star out of Four Star rating.

The John Lachman Orthopedic Research Fund has achieved an impressive score of 97%, reflecting its strong performance in accountability and finance. This rating is particularly noteworthy as it is based entirely on the organization's financial practices and governance, indicating a high level of transparency and responsibility in managing funds. The fund exhibits a commitment to independent oversight, with an entirely independent board of directors.

Strengths of the organization include a robust program expense ratio of 71.51%, demonstrating a substantial portion of funds directed toward its programs rather than administrative costs. Additionally, the organization has established comprehensive policies related to conflict of interest, whistleblower protections, and document retention, all of which contribute to a solid foundation of governance. The absence of material diversion of assets and a perfect liabilities-to-assets ratio further affirm its financial health.

While the rating highlights the organization's strengths, it is important for potential donors to consider how the fund allocates its resources in the context of its specific mission and the broader impact of its work. Overall, the John Lachman Orthopedic Research Fund stands out as a well-managed nonprofit, prioritizing accountability and effective program delivery.


This AI summary has been generated from information found on Charity Navigator.

Is The John Lachman Orthopedic Research Fund legitimate?

The John Lachman Orthopedic Research Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. The John Lachman Orthopedic Research Fund submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.lachmanfund.org

What is the mission statement of The John Lachman Orthopedic Research Fund?

The John Lachman Orthopedic Research Fund was established with the primary goal of supporting the research, education, and related endeavors of orthopedic surgery residents at Temple University Hospital. The organization's mission is centered around providing financial assistance for research projects, presenting findings at national meetings, offering honoraria for sponsored lectures, publishing relevant journals, and facilitating student attendance at seminars. By doing so, they aim to foster growth and advancements in the field of orthopedic surgery among the resident community.


Official website here: www.lachmanfund.org

Who is the CEO of The John Lachman Orthopedic Research Fund?

Saqib Rehman is the Chairman of The John Lachman Orthopedic Research Fund.


Official website here: www.lachmanfund.org

What is the revenue of The John Lachman Orthopedic Research Fund?

The John Lachman Orthopedic Research Fund's revenue in 2022 was $30,700.


Official website here: www.lachmanfund.org

Who are the executives of The John Lachman Orthopedic Research Fund and what are their salaries?

There 9 volunteers at The John Lachman Orthopedic Research Fund.


Here are 12 key members and their salaries:


Joseph S Torg Md (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joseph Milo Sewards Md (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Arianna Trionfo Md (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Fowler Md (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Saqib Rehman Md (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Philip Alburger Md (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Abtin Foroohar Md (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Lachman Md (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gbolabo Sokunbi Md (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
David M Junkin Md (Immediate Past President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joseph T Thoder Jr Md (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Albert Weiss Md (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.lachmanfund.org

Where can I find the form 990 for The John Lachman Orthopedic Research Fund?

The John Lachman Orthopedic Research Fund's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.lachmanfund.org

Learn more at the official website: www.lachmanfund.org

Mission Statement of The John Lachman Orthopedic Research Fund

The John Lachman Orthopedic Research Fund was established with a singular purpose: to bolster the research, educational endeavors, and related activities of the orthopedic surgery residents at Temple University Hospital. This nonprofit organization's mission is centered around providing financial support and resources that empower these residents in their professional growth and development within the field of orthopedic surgery.

Throughout its operations, The John Lachman Orthopedic Research Fund has demonstrated its commitment to its mission by awarding prize money for resident research, presenting this research at national meetings, offering honoraria for sponsored lectures, publishing journals, and facilitating student attendance at seminars. These activities not only enrich the educational experience of the orthopedic surgery residents but also contribute to the broader scientific community by disseminating new findings and innovative ideas in the field. By supporting these efforts, The John Lachman Orthopedic Research Fund plays a vital role in fostering the development of skilled and knowledgeable orthopedic surgeons, ultimately benefiting the patients they will serve in the future.

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Impact




August, 2024

The John Lachman Orthopedic Research Fund has made a significant impact in advancing medical research and education in the field of orthopedic surgery. By supporting the research, education, and related endeavors of orthopedic surgery residents at Temple University Hospital, the organization has awarded prize money for resident research, presented research at national meetings, provided honoraria for sponsored lectures, published journals, and facilitated student attendance at seminars. This support has not only fostered the development of new knowledge and techniques in orthopedic surgery but has also contributed to the professional growth and advancement of the residents involved.




This information is meant to be a general summary of The John Lachman Orthopedic Research Fund. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$30,700 (2022)
Expenses
$41,689 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $7,466
  • Gross Receipts: $144,605

Assets and Liabilities:

  • Total Assets: $396,187
  • Total Liabilities: $0
  • Net Assets: $396,187

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

JOURNAL ADS

Organization Details

Founding Year

2016

Principal Officer

Saqib Rehman

Main Address

401 CONESTOGA ROAD, ST DAVIDS, PA, 19087

NTEE Category

Code: H50 - Medical research

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