Overview
What is Foundation For Arthroplasty Research And Education?
The Foundation For Arthroplasty Research And Education, situated in Rosemont, Illinois, is a dedicated nonprofit organization. Its primary objective is to enhance health and improve the quality of life by supporting research, education in joint care, and scientific advancements in the treatment of hips and knees. To achieve this mission, the organization established a grants committee, authorizing up to $250,000 for research grants. They invite researchers to apply for these grants, working in collaboration with the AAHKS Research Committee for a technical evaluation and scoring of relevant proposals.
Official website here: www.aahks.org/fare
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97%, Four-Star out of Four Star rating.
The Foundation For Arthroplasty Research And Education has achieved an impressive score of 97%, reflecting its strong performance in accountability and finance. This high rating is significant as it indicates that the organization is effectively managing its resources, ensuring transparency, and maintaining a high standard of governance.
Strengths noted in the evaluation include a fully independent board, with all members meeting the criteria for independence, as well as a substantial program expense ratio of 94.05%. This suggests that the majority of the funds are directed towards its programs and missions rather than administrative costs. The organization also demonstrates a commitment to best practices with established policies on conflict of interest, whistleblower protections, and document retention.
While the rating is overwhelmingly positive, it is important to continually monitor the organization’s operations and impact in order to ensure that it maintains its high standards. Overall, the Foundation For Arthroplasty Research And Education appears to be a well-managed nonprofit dedicated to its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Foundation For Arthroplasty Research And Education legitimate?
Foundation For Arthroplasty Research And Education is a legitimate nonprofit organization registered as a 501(c)(3) entity. Foundation For Arthroplasty Research And Education 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.aahks.org/fare
What is the mission statement of Foundation For Arthroplasty Research And Education?
The Foundation For Arthroplasty Research And Education aims to enhance health and improve the quality of life by supporting research, education in joint care, and scientific advancements in the treatment of the hip and knee. Their mission is carried out through various activities, including the provision of financial and in-kind support to relevant research projects and educational activities. The foundation established a grants committee to oversee this process, authorizing up to $250,000 for research grants. They also collaborate with other committees to evaluate and score relevant proposals in alignment with their mission.
Official website here: www.aahks.org/fare
Who is the CEO of Foundation For Arthroplasty Research And Education?
Michael Zarski is the President of Foundation For Arthroplasty Research And Education.
Official website here: www.aahks.org/fare
What is the revenue of Foundation For Arthroplasty Research And Education?
Foundation For Arthroplasty Research And Education's revenue in 2022 was $51,127.
Official website here: www.aahks.org/fare
Who are the executives of Foundation For Arthroplasty Research And Education and what are their salaries?
There 14 volunteers at Foundation For Arthroplasty Research And Education.
Here are 8 key members and their salaries:
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- Related: $356,325
- Other: $23,654
Official website here: www.aahks.org/fare
Where can I find the form 990 for Foundation For Arthroplasty Research And Education?
Foundation For Arthroplasty Research And Education's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.aahks.org/fare
Learn more at the official website: www.aahks.org/fare
Mission Statement of Foundation For Arthroplasty Research And Education
The Foundation for Arthroplasty Research and Education, in its mission, aims to enhance health and improve the quality of life. It accomplishes this by providing financial and in-kind support to research projects and educational activities that are focused on advancing hip and knee care. The organization's primary objective is to foster scientific advances in the treatment of these joints, thereby contributing to overall well-being.
To achieve its mission, the Foundation has established a Grants Committee. This committee is responsible for awarding monetary grants or other forms of financial aid to projects and activities that align with the organization's mission. The Board has authorized up to $250,000 for research grants. The Foundation also collaborates with the AAHKS Research Committee to provide a blinded technical evaluation and scoring of relevant research/education proposals, thereby supporting the Grants Committee's decision-making process.
In summary, the Foundation for Arthroplasty Research and Education is dedicated to improving health and quality of life by supporting research, education, and scientific advancements in hip and knee treatment. It does this by providing financial aid and working closely with other organizations to evaluate and select projects that align with its mission.
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Impact
August, 2024
Foundation For Arthroplasty Research And Education (FARE) has a significant impact on advancing hip and knee research, education in joint care, and scientific treatment advancements. By providing monetary grants and other forms of support, FARE supports research projects and educational activities that align with its mission. The organization's collaboration with the AAHKS Research Committee ensures a thorough evaluation process for relevant proposals, contributing to the growth and development of knowledge in this field. FARE's commitment to improving health and quality of life through its initiatives makes it a key player in driving progress in hip and knee healthcare.
This information is meant to be a general summary of Foundation For Arthroplasty Research And Education. 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: $16,543
- Gross Receipts: $564,038
Assets and Liabilities:
- Total Assets: $1,859,629
- Total Liabilities: $138,333
- Net Assets: $1,721,296
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Organization Details
Founding Year
2014
Phone
(847) 698-1200Principal Officer
Michael Zarski
Main Address
9400 W HIGGINS ROAD 230, ROSEMONT, IL, 60018
Website
www.aahks.org/fareNTEE Category
Code: H50 - Medical research
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