Overview
What is Rothman Institute Orthopaedic Foundation?
The Rothman Institute Orthopaedic Foundation, situated in Philadelphia, Pennsylvania, is a dedicated nonprofit organization. Its primary focus is on conducting and supporting basic scientific and clinical research related to diseases affecting the skeletal system. The foundation directly funds research expenses at Thomas Jefferson University Hospital and backs other organizations engaged in research and education concerning the causes, diagnosis, treatment, prevention, and control of skeletal disorders. Their primary objective is to generate new knowledge and disseminate it through academic publications, presentations, and conferences, rather than for commercial or industrial purposes. The foundation does not provide direct treatment or medical care.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 86% - Three-Star out of Four Star Rating
The Rothman Institute Orthopaedic Foundation has received a solid Three-Star rating from Charity Navigator, reflecting an overall score of 86%. This rating is primarily based on the organization's strong performance in Accountability and Finance. The foundation demonstrates high transparency and responsible financial management, which is essential for building trust with donors and stakeholders.
One of the notable strengths of the Rothman Institute Orthopaedic Foundation is its governance structure, featuring a board that is composed of 90% independent members. This independence indicates a commitment to ethical practices, which is further supported by their adherence to conflict of interest policies and thorough documentation of board meetings. Additionally, the foundation has received full marks for its financial audits and maintains a strong liabilities to assets ratio, showcasing its fiscal health.
While the organization excels in accountability and financial practices, the Three-Star rating suggests that there may be areas for improvement to achieve a higher score. However, the absence of any material diversion of assets indicates that the foundation is effectively safeguarding its resources, allowing it to focus on its mission of providing orthopedic care and support.
This AI summary has been generated from information found on Charity Navigator.
Is Rothman Institute Orthopaedic Foundation legitimate?
Rothman Institute Orthopaedic Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Rothman Institute Orthopaedic Foundation 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.
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What is the mission statement of Rothman Institute Orthopaedic Foundation?
The Rothman Institute Orthopaedic Foundation is dedicated to supporting and conducting fundamental scientific and clinical research in diseases affecting the skeletal system. This includes collaborating with other organizations engaged in research and education related to the causes, diagnosis, treatment, prevention, and management of skeletal diseases. The primary objective of any research program is to generate new knowledge and disseminate it through publications, presentations, and educational materials. The foundation does not engage in activities primarily aimed at providing direct medical care or treatment.
Who is the CEO of Rothman Institute Orthopaedic Foundation?
Ed Tufaro is the President/Director of Rothman Institute Orthopaedic Foundation.
What is the revenue of Rothman Institute Orthopaedic Foundation?
Rothman Institute Orthopaedic Foundation's revenue in 2022 was $841,170.
Who are the executives of Rothman Institute Orthopaedic Foundation and what are their salaries?
Here are 10 key members and their salaries:
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Where can I find the form 990 for Rothman Institute Orthopaedic Foundation?
Rothman Institute Orthopaedic Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Rothman Institute Orthopaedic Foundation
The Rothman Institute Orthopaedic Foundation is dedicated to advancing research in diseases of the skeletal system. Their mission involves supporting both basic and clinical scientific research in this field. The foundation not only conducts its own research but also aids other organizations engaged in related studies on the causes, diagnosis, treatment, prevention, and control of skeletal diseases. The primary aim of any research program undertaken by the foundation is to generate new knowledge, which is then disseminated through various means such as publishing articles, delivering presentations to medical and lay audiences, and other forms of communication. Crucially, the Rothman Institute Orthopaedic Foundation does not engage in activities primarily meant to provide direct treatment or medical care.
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Impact
October, 2024
The Rothman Institute Orthopaedic Foundation significantly impacts the field of orthopedic medicine through its dedicated support for basic scientific clinical research focusing on diseases of the skeletal system. By fostering advancements in understanding the causes, diagnosis, treatment, prevention, and control of these diseases, the foundation plays a crucial role in enhancing patient outcomes and promoting education within the medical community.
By directly engaging in research initiatives, the foundation allocates resources towards approved expenditures at Thomas Jefferson University Hospital, facilitating high-quality orthopedic research studies. This commitment to research not only contributes to the accumulation of new knowledge but also ensures that findings are disseminated widely through publications and presentations, benefitting both medical professionals and the general public. The foundation’s focus on scientific rigor over commercial interests underlines its dedication to advancing orthopedic medicine for the betterment of community health.
This information is meant to be a general summary of Rothman Institute Orthopaedic Foundation. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $27,565
- Program Service Revenue: $32,020
- Gross Receipts: $841,170
Assets and Liabilities:
- Total Assets: $3,979,412
- Total Liabilities: $35,658
- Net Assets: $3,943,754
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
JOINT RESEARCH
Revenue
$32,020
Organization Details
Founding Year
1984
Phone
(267) 339-3684Principal Officer
Ed Tufaro
Main Address
925 Chestnut Street Suite 5th FL, Philadelphia, PA, 191074216
NTEE Category
Code: H50 - Medical research
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