Overview
What is American Osteopathic Foundation?
The American Osteopathic Foundation, established 74 years ago, serves as the philanthropic heart of the osteopathic profession. Its mission is to support programs and services that promote osteopathic medicine and enhance patient-centered care. The foundation provides educational scholarships to osteopathic medical students to alleviate the financial burden of medical school. With a focus on the whole profession, it recognizes and rewards osteopathic students, residents, and practicing physicians based on professional merit. The American Osteopathic Foundation's activities are driven by its dedicated board of directors and generous donors, making a significant difference in the lives of many within the osteopathic community. The foundation is headquartered in Chicago, Illinois.
Official website here: www.aof.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 59%, One-Star out of Four Stars
The American Osteopathic Foundation has received a One-Star rating from Charity Navigator, indicating significant room for improvement in its financial performance and accountability. While the organization has an impressive Culture & Community score of 83, it struggles in areas such as Program Expense Ratio and Liabilities to Assets Ratio, which received low marks. This suggests that a less significant portion of their expenses is dedicated to programs, raising concerns about the effective allocation of funds.
On a positive note, the foundation demonstrates strong governance, with 100% independent board members and excellent scores in audit and oversight practices. Additionally, the foundation has received perfect scores for its feedback practices, indicating a commitment to listening to constituents and responding effectively. This reflects a strong foundation for community engagement and transparency.
However, the organization faces challenges with its financial ratios, particularly in its working capital and program expense allocations, which may limit its impact. The lack of scoring in Leadership & Adaptability and Impact & Measurement further highlights some areas where more data is needed to evaluate the foundation’s overall effectiveness comprehensively.
This AI summary has been generated from information found on Charity Navigator.
Is American Osteopathic Foundation legitimate?
American Osteopathic Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. American Osteopathic 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: $471,410
Professional Fundraising Fees: $0
Other Salaries and Wages: $434,245
For more financial information, click here
Official website here: www.aof.org
What is the mission statement of American Osteopathic Foundation?
The American Osteopathic Foundation's mission is centered around supporting programs and services that foster osteopathic medicine and enhance patient-centered care. The foundation aims to realize its vision of enriching global health by promoting osteopathic medicine, achieving this through its mission to support philanthropic activities that advance and enhance the osteopathic profession. With the support of its dedicated board and generous donors, the American Osteopathic Foundation serves as a philanthropic partner for the osteopathic profession, association, and affiliates. For over seven decades, the foundation has provided financial assistance to promote, encourage, and disseminate the principles and practice of osteopathic medicine, recognizing osteopathic students, residents, and practicing physicians based on professional merit. The American Osteopathic Foundation also offers educational scholarships to defray the costs of medical school for osteopathic medical students.
Official website here: www.aof.org
Who is the CEO of American Osteopathic Foundation?
Barbara Ross-Lee Do is the Past President of American Osteopathic Foundation. The CEO's salary of American Osteopathic Foundation is $268,243 and their total compensation is $290,273.
Official website here: www.aof.org
What is the revenue of American Osteopathic Foundation?
American Osteopathic Foundation's revenue in 2022 was $1,843,079.
Official website here: www.aof.org
Who are the executives of American Osteopathic Foundation and what are their salaries?
The average compensation at American Osteopathic Foundation during 2022 was $129,379. There are 7 employees and 82 volunteers at American Osteopathic Foundation.
Here are 23 key members and their salaries (American Osteopathic Foundation's CEO's salary is $268,243 and their total compensation is $290,273):
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- Compensation: $268,243
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- Compensation: $130,761
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- Compensation: $102,528
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- Other: $26,622
Official website here: www.aof.org
Where can I find the form 990 for American Osteopathic Foundation?
American Osteopathic Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.aof.org
Learn more at the official website: www.aof.org
Mission Statement of American Osteopathic Foundation
The American Osteopathic Foundation, a philanthropic organization dedicated to the osteopathic profession, is committed to supporting programs and services that promote osteopathic medicine and enhance patient-centered care. Its mission is to back philanthropic activities that elevate and strengthen the osteopathic field. The foundation's vision is to enrich global health by advocating for osteopathic medicine, a goal it pursues through its board of directors' dedication, the foundation's loyal donors, and its own inspirational drive.
For over seven decades, the American Osteopathic Foundation has served as a charitable force within the osteopathic community. It achieves this by providing financial assistance to promote, encourage, and disseminate the principles and practice of osteopathic medicine. As the only national osteopathic foundation, the American Osteopathic Foundation invests in the whole profession by recognizing osteopathic students, residents, and practicing physicians based on their professional merit.
One of the primary ways the American Osteopathic Foundation fulfills its mission is by providing educational scholarships to osteopathic medical students. These scholarships aim to help defray the costs of medical school, allowing future doctors to focus on their studies without undue financial burden. Through these efforts, the American Osteopathic Foundation plays a vital role in nurturing the next generation of osteopathic physicians, ensuring they can provide high-quality patient-centered care.
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Impact
October, 2024
The American Osteopathic Foundation (AOF) plays a pivotal role in enriching global health by promoting osteopathic medicine and enhancing patient-centered care. With a commitment to supporting philanthropic activities, AOF has dedicated 74 years to financially assist programs that bolster the osteopathic profession.
This impact is realized through a variety of initiatives, including the provision of educational scholarships aimed at alleviating the financial burden on osteopathic medical students. By recognizing and rewarding the professional merit of osteopathic students, residents, and practicing physicians, the AOF fosters a strong community that prioritizes both education and excellence in patient care.
The Foundation has made significant strides in increasing the number of awards, grants, and scholarships, which has profoundly affected many within the profession. This commitment ensures that osteopathic students and physicians are well-equipped to serve their patients effectively, ultimately enhancing the overall quality of healthcare. Through the support of its board of directors and the generosity of loyal donors, the AOF continues to strengthen the osteopathic profession and, by extension, the health of the global community.
This information is meant to be a general summary of American Osteopathic 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: $355,471
- Program Service Revenue: $20,150
- Gross Receipts: $2,763,498
Assets and Liabilities:
- Total Assets: $16,168,048
- Total Liabilities: $291,476
- Net Assets: $15,876,572
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PATIENT RECRUITMENT FE
Revenue
$20,150
Organization Details
Founding Year
1949
Phone
(312) 202-8200Principal Officer
Barbara Ross-Lee Do
Main Address
142 E ONTARIO ST 1450, CHICAGO, IL, 60611
Website
www.aof.orgNTEE Category
Code: G90 - Disease
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