Overview
What is Osteopathic Founders Foundation?
The Osteopathic Founders Foundation is a nonprofit organization based in Tulsa, Oklahoma, with a focus on enhancing health and healthcare in the northeast Oklahoma community. Established with resources from the sale of a hospital, the foundation's mission involves supporting osteopathic medical education and improving the community's health status. They accomplish this by awarding grants to community organizations that share their focus on underserved populations and disease prevention and treatment. The foundation has shown particular concern for basic needs such as food, safety, and shelter, addressing issues like food vulnerability and homelessness. Their grants have supported various charities, providing meals, overnight shelters, and nutrition assistance to vulnerable groups, such as homebound seniors and people living with HIV/AIDS. The foundation has also contributed to early testing and awareness campaigns for HIV/Hepatitis and supported medical student initiatives.
Official website here: www.osteopathicfounders.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 83% (Three-Star out of Four Stars)
The Osteopathic Founders Foundation has received a rating of 83%, which translates to a Three-Star rating on Charity Navigator. This rating is based entirely on its Accountability and Finance score, which reflects the organization's commitment to transparency and responsible financial management. The foundation has demonstrated strong performance in various areas, including having a fully independent board and no material diversion of assets.
The organization has a solid accountability structure, highlighted by its compliance with governance policies such as conflict of interest and whistleblower policies. Furthermore, the foundation maintains transparency by listing its tax forms on its website and documenting board meeting minutes, which fosters trust with its stakeholders. The liability to assets ratio stands at a low 3.71%, indicating fiscal health and stability.
However, while the foundation performs well in accountability and finance, the overall rating does not provide insights into program effectiveness or impact. The program expense ratio of 68.22% suggests that a significant portion of its budget is allocated towards programs, but further information on the outcomes and effectiveness of these programs would be beneficial for a complete assessment of the organization's impact.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Osteopathic Founders Foundation?
100% of 5 reviewers on Facebook recommend Osteopathic Founders Foundation. Here is a summary of their reviews:
The feedback highlights an overall positive experience with the nonprofit, emphasizing its clarity and thoroughness in delivering services. Reviewers appreciate the organization’s neat approach and the comprehensive nature of its offerings.
Supporters express satisfaction with the foundation’s commitment to its mission and the trust it earns from its community. This strong endorsement suggests that the Osteopathic Founders Foundation effectively meets the needs of those it serves.
This AI summary has been generated from reviews found on Facebook.
Is Osteopathic Founders Foundation legitimate?
Osteopathic Founders Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Osteopathic Founders 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: $170,935
Professional Fundraising Fees: $0
Other Salaries and Wages: $78,332
For more financial information, click here
Official website here: www.osteopathicfounders.org
What is the mission statement of Osteopathic Founders Foundation?
The Osteopathic Founders Foundation's mission is centered around improving health and healthcare in communities, specifically in Northeast Oklahoma. They achieve this by supporting osteopathic medical education and enhancing the public's understanding of osteopathic medicine. The foundation's activities also aim to better the health of the community, aligning with the osteopathic philosophy. Community grants play a significant role in their work, with a focus on aiding underserved populations and addressing basic needs such as food, safety, and shelter. Due to Oklahoma's poor health ratings, a substantial portion of their resources is dedicated to supporting basic nutrition services. They have provided grants to various charities, including food distribution organizations, to help address food vulnerability and have contributed to initiatives that provide meals and shelter for the homeless.
Official website here: www.osteopathicfounders.org
Who is the CEO of Osteopathic Founders Foundation?
Sherri Wise is the President/Ceo of Osteopathic Founders Foundation. The CEO's salary of Osteopathic Founders Foundation is $155,597 and their total compensation is $170,934.
Official website here: www.osteopathicfounders.org
What is the revenue of Osteopathic Founders Foundation?
Osteopathic Founders Foundation's revenue in 2022 was $1,433,998.
Official website here: www.osteopathicfounders.org
Who are the executives of Osteopathic Founders Foundation and what are their salaries?
The average compensation at Osteopathic Founders Foundation during 2022 was $49,853. There are 5 employees and 15 volunteers at Osteopathic Founders Foundation.
Here are 12 key members and their salaries (Osteopathic Founders Foundation's CEO's salary is $155,597 and their total compensation is $170,934):
- Compensation: $155,597
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- Other: $15,337
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Official website here: www.osteopathicfounders.org
Where can I find the form 990 for Osteopathic Founders Foundation?
Osteopathic Founders Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.osteopathicfounders.org
Learn more at the official website: www.osteopathicfounders.org
Mission Statement of Osteopathic Founders Foundation
The Osteopathic Founders Foundation is committed to enhancing health and healthcare in northeast Oklahoma through the support of osteopathic medical education across the continuum of learning. This nonprofit organization has a mission to promote osteopathic medicine and improve the health of the community by funding projects that align with the osteopathic philosophy.
One of the key ways the Osteopathic Founders Foundation achieves its mission is by providing community grants. Since selling its hospital in 1996, the foundation's trustees have focused on utilizing their resources in a manner consistent with the founders' original intent. They award grants to community organizations that share in their mission of providing care to the underserved and in the prevention and treatment of disease. The foundation has a particular focus on addressing the basic needs of Oklahoma communities, with a strong emphasis on food, safety, and shelter due to the significant health disparities that exist within these communities.
The Osteopathic Founders Foundation has made significant investments in the Tulsa and northeast Oklahoma communities, providing grants to various organizations. For instance, they have supported food distribution charities throughout the Greater Tulsa area, ensuring that vulnerable groups such as the homebound elderly and disabled receive meals. Recognizing the nutritional needs of individuals living with HIV/AIDS, the foundation has renewed its grant to Tulsa Cares to support their specialty food pantry and early testing initiatives. They have also partnered with the Student National Medical Association to provide food for the Iron Gate Food Ministry in Tulsa.
In addition to food, the foundation has supported organizations that provide shelter for the homeless, such as John 3:16, which provided over 1,200 meals and overnight shelters for Tulsa's homeless citizens. The foundation has also addressed the issue of university students without adequate food resources with its inaugural grant to the Cowboy Pantry in Stillwater. Furthermore, the OSU Center for Health Sciences received a grant of $50,000 to support their simulation center, which provides medical students with early clinical experience as an adjunct to their training.
Through these community grants, the Osteopathic Founders Foundation is making a significant impact on the health and well-being of individuals and families in northeast Oklahoma, aligning with their mission to support osteopathic medical education and improve the health of the community.
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Impact
July, 2024
The Osteopathic Founders Foundation's impact in Northeast Oklahoma is substantial. Through community grants, the foundation has been able to address significant health disparities by focusing on basic needs such as food, safety, and shelter. By providing grants to various organizations, the foundation has supported initiatives that aim to improve the health status of underserved populations. For example, they have provided meals to homebound elderly and disabled individuals, supported nutrition assistance for people living with HIV/AIDS, and funded food distribution charities in the Greater Tulsa area. Additionally, the foundation has invested in medical education by supporting the simulation center at the OSU Center for Health Sciences, providing medical students with valuable clinical experience. Overall, the Osteopathic Founders Foundation's work aligns with their mission to enhance public understanding of osteopathic medicine and improve community health in Northeast Oklahoma.
This information is meant to be a general summary of Osteopathic Founders 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: $1,203,838
- Program Service Revenue: $35,203
- Gross Receipts: $8,917,312
Assets and Liabilities:
- Total Assets: $21,523,163
- Total Liabilities: $798,595
- Net Assets: $20,724,568
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Tuition and Fees
Revenue
$27,420
Other Income
Revenue
$33
Income from Affiliated Org
Revenue
$7,750
Organization Details
Founding Year
1943
Phone
(918) 551-7300Principal Officer
Sherri Wise
Main Address
8801 South Yale Ave Ste 400, Tulsa, OK, 74137
Website
www.osteopathicfounders.orgNTEE Category
Code: G030 - Disease
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