Overview
What is Orthopaedic Research And Education Foundation?
The Orthopaedic Research and Education Foundation, abbreviated as OREF, is a nonprofit organization situated in Rosemont, Illinois. With a team of 12 dedicated individuals, OREF's primary objective is to propel advancements in orthopaedic research. They achieve this by providing funding and support for surgeon-researchers and PhD-researchers in various fields such as basic science, translation, clinical, and health services research. Their ultimate aim is to enhance our understanding of musculoskeletal diseases and injuries, thereby improving lives by eliminating pain, restoring mobility, and fostering better function. In essence, OREF is dedicated to improving orthopaedic research and its outcomes for the betterment of society.
Official website here: www.oref.org
What are the reviews and ratings of this charity?
Charity Navigator Rating 95% - Four-Star out of Four Star Rating
The Orthopaedic Research and Education Foundation has achieved an impressive Four-Star rating from Charity Navigator, highlighting its strong performance in accountability and finance. The foundation scores exceptionally well in governance, with a fully independent board and comprehensive audit practices, which contributes to the overall trustworthiness of the organization.
While the foundation excels in many areas, there are some limitations noted in its program expenses and fundraising efficiency ratios. The program expense ratio sits at 65.70%, which indicates that a significant portion of funds is allocated to programs, but there is room for improvement. Additionally, the fundraising efficiency ratio of $0.25 shows that it costs the organization a quarter to raise each dollar, suggesting potential for optimizing fundraising strategies.
Overall, the foundation demonstrates a high level of financial health and organizational integrity, making it a commendable choice for donors looking to support orthopaedic research and education initiatives.
This AI summary has been generated from information found on Charity Navigator.
Is Orthopaedic Research And Education Foundation legitimate?
Orthopaedic Research And Education Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Orthopaedic Research And Education 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.
Heare are some key statistics you may want to consider:
Executive Compensation: $375,571
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,169,170
For more financial information, click here
Official website here: www.oref.org
What is the mission statement of Orthopaedic Research And Education Foundation?
The Orthopaedic Research and Education Foundation (OREF) is committed to its mission of enhancing lives by promoting excellence in orthopaedic research. Their vision is to position themselves as the foremost organization supporting orthopaedic research, with the aim of improving function, alleviating pain, and restoring mobility. OREF's primary activity is a grant program aimed at funding research into the origins and treatments of musculoskeletal disorders and injuries. The organization has a unique focus on supporting surgeon-researchers and PhD researchers in the fields of basic science, translation, clinical, and health services research.
Official website here: www.oref.org
Who is the CEO of Orthopaedic Research And Education Foundation?
Thomas P Sculco Md is the President-Elect of Orthopaedic Research And Education Foundation. The CEO's salary of Orthopaedic Research And Education Foundation is $283,853 and their total compensation is $330,894.
Official website here: www.oref.org
What is the revenue of Orthopaedic Research And Education Foundation?
Orthopaedic Research And Education Foundation's revenue in 2022 was $3,972,441.
Official website here: www.oref.org
Who are the executives of Orthopaedic Research And Education Foundation and what are their salaries?
The average compensation at Orthopaedic Research And Education Foundation during 2022 was $128,728. There are 12 employees and 100 volunteers at Orthopaedic Research And Education Foundation.
Here are 28 key members and their salaries (Orthopaedic Research And Education Foundation's CEO's salary is $283,853 and their total compensation is $330,894):
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $283,853
- Related: $0
- Other: $47,041
- Compensation: $129,219
- Related: $0
- Other: $39,276
- Compensation: $151,318
- Related: $0
- Other: $37,959
- Compensation: $129,108
- Related: $0
- Other: $27,282
- Compensation: $103,088
- Related: $0
- Other: $10,532
- Compensation: $143,818
- Related: $0
- Other: $13,640
Official website here: www.oref.org
Where can I find the form 990 for Orthopaedic Research And Education Foundation?
Orthopaedic Research And Education Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.oref.org
Learn more at the official website: www.oref.org
Mission Statement of Orthopaedic Research And Education Foundation
The Orthopaedic Research and Education Foundation, abbreviated as OREF, is committed to enhancing lives by fostering excellence in orthopaedic research. Their mission, as stated, is to serve as a leader in supporting research aimed at improving function, alleviating pain, and restoring mobility in individuals affected by musculoskeletal diseases and injuries. The organization's vision encompasses a future where OREF stands at the forefront of orthopaedic research, significantly contributing to the advancement of treatments and therapies in this field.
In pursuit of its mission, OREF focuses on providing grant support to surgeon-researchers and PhD-researchers engaged in various aspects of orthopaedic research. This includes basic science/translation, clinical, and health services research, enabling these researchers to delve deeper into the causes and potential treatments of musculoskeletal conditions. By supporting these researchers, OREF seeks to contribute to the broader goal of improving overall health and quality of life for individuals grappling with these often debilitating conditions.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
The Orthopaedic Research and Education Foundation (OREF) significantly impacts the field of orthopaedic research by funding vital studies that deepen our understanding of musculoskeletal diseases and injuries. By supporting both surgeon-researchers and Ph.D. researchers across various domains—ranging from basic science and translational research to clinical and health services research—OREF plays a crucial role in advancing medical knowledge and improving treatment strategies.
Their grant program is specifically designed to foster innovative research that aims to enhance patient outcomes, alleviate pain, and restore mobility, ultimately improving the quality of life for individuals affected by these conditions. OREF's commitment positions it as a leader in orthopaedic research, making meaningful contributions to the improvement of function and well-being for countless patients.
This information is meant to be a general summary of Orthopaedic Research And Education 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: $282,163
- Gross Receipts: $8,006,456
Assets and Liabilities:
- Total Assets: $22,322,488
- Total Liabilities: $3,875,690
- Net Assets: $18,446,798
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
1955
Phone
(847) 698-9980Principal Officer
Thomas P Sculco Md
Main Address
9400 W Higgins Road 215, Rosemont, IL, 60018
Website
www.oref.orgNTEE Category
Code: H500 - Medical research
If you are a representative of Orthopaedic Research And Education Foundation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.