Skip to content
Nonprofiteer
← AMERICAN OSTEOPATHIC FOUNDATION INC

Form 990 for tax year 2023

Filed by AMERICAN OSTEOPATHIC FOUNDATION INC.

Totals

Total revenue
$2,236,558
Total expenses
$2,479,137
Contributions and grants received
$1,323,418
Grants paid
$474,771
Program service revenue
$0
Investment income
$918,341
Other revenue
-$5,201
Total assets, end of year
$17,330,075
Total liabilities, end of year
$527,047
Net assets or fund balances, end of year
$16,803,028
Program services expenses (Part IX)
$1,163,753
Management and general expenses
$747,843
Fundraising expenses
$567,541
Program service expenses (Part III)
$1,163,753

Program services were 46.9% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1c · Fundraising events

    $617,140

  • 1f · All other contributions, gifts and grants

    $706,278

  • 1g · Noncash contributions included above

    $78,510

  • 3 · Investment income

    total $562,006 · excluded $562,006

  • 7a · Gross sales of assets other than inventory

    securities $12,271,003

  • 7b · Less cost or other basis and sales expenses

    securities $11,914,668

  • 7c · Gain or loss

    securities $356,335

  • 7d · Net gain or loss

    total $356,335 · excluded $356,335

  • 8a · Fundraising events: gross income

    $236,192

  • 8a · Fundraising events: contributions included on line 1c

    $617,140

  • 8b · Fundraising events: direct expenses

    $262,858

  • 8c · Net income from fundraising events

    total -$26,666 · excluded -$26,666

  • 10a · Gross sales of inventory

    $6,114

  • 10b · Cost of goods sold

    $4,887

  • 10c · Net income from sales of inventory

    total $1,227 · related or exempt $1,227

  • 11a · Other revenue: OTHER REVENUE

    total $20,238 · related or exempt $20,238

  • 11e · Other revenue, total

    $20,238

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $90,472 · program services $90,472

  • 2 · Grants to domestic individuals

    total $384,299 · program services $384,299

  • 5 · Compensation of officers, directors and key employees

    total $489,161 · program services $191,469 · management and general $248,776 · fundraising $48,916

  • 7 · Other salaries and wages

    total $514,179 · program services $223,244 · management and general $115,751 · fundraising $175,184

  • 8 · Pension plan contributions

    total $27,736 · program services $13,805 · management and general $4,507 · fundraising $9,424

  • 9 · Other employee benefits

    total $62,660 · program services $24,536 · management and general $19,705 · fundraising $18,419

  • 10 · Payroll taxes

    total $62,110 · program services $26,016 · management and general $21,793 · fundraising $14,301

  • 11b · Fees: legal

    total $2,628 · management and general $2,628

  • 11c · Fees: accounting

    total $22,450 · management and general $22,450

  • 11f · Fees: investment management

    total $73,836 · management and general $73,836

  • 11g · Fees: other

    total $244,877 · program services $52,575 · management and general $25,277 · fundraising $167,025

  • 13 · Office expenses

    total $38,687 · program services $11,457 · management and general $4,951 · fundraising $22,279

  • 14 · Information technology

    total $108,133 · program services $30,445 · management and general $36,278 · fundraising $41,410

  • 16 · Occupancy

    total $80,184 · program services $34,319 · management and general $29,026 · fundraising $16,839

  • 17 · Travel

    total $155,238 · program services $53,296 · management and general $100,058 · fundraising $1,884

  • 22 · Depreciation, depletion and amortization

    total $4,140 · program services $2,802 · management and general $341 · fundraising $997

  • 23 · Insurance

    total $5,863 · program services $1,693 · management and general $3,085 · fundraising $1,085

  • 24a · Other expenses: DONOR RECRUITMENT

    total $44,989 · fundraising $44,989

  • 24b · Other expenses: EQUIPMENT RENTALS

    total $32,152 · program services $23,325 · management and general $8,827

  • 24c · Other expenses: BANK, CREDIT CARD FEES

    total $22,074 · management and general $18,285 · fundraising $3,789

  • 24d · Other expenses: FILING FEES

    total $10,053 · management and general $10,053

  • 24e · All other expenses

    total $3,216 · management and general $2,216 · fundraising $1,000

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $857,442 · end of year $620,976

  • 3 · Pledges and grants receivable

    beginning of year $858,900 · end of year $842,404

  • 4 · Accounts receivable

    beginning of year $7,777 · end of year $597

  • 6 · Loans and receivables from disqualified persons

    end of year $48,735

  • 8 · Inventories for sale or use

    beginning of year $3,660 · end of year $0

  • 9 · Prepaid expenses and deferred charges

    beginning of year $32,001 · end of year $26,571

  • 10a · Land, buildings and equipment: cost or other basis

    $63,462

  • 10b · Land, buildings and equipment: accumulated depreciation

    $61,862

  • 10c · Land, buildings and equipment, net

    beginning of year $5,740 · end of year $1,600

  • 11 · Investments: publicly traded securities

    beginning of year $14,317,308 · end of year $15,465,692

  • 15 · Other assets

    beginning of year $85,220 · end of year $323,500

  • 17 · Accounts payable and accrued expenses

    beginning of year $137,773 · end of year $124,545

  • 18 · Grants payable

    end of year $73,250

  • 21 · Escrow or custodial account liability

    beginning of year $12,500

  • 25 · Other liabilities

    beginning of year $141,203 · end of year $329,252

  • 27 · Net assets without donor restrictions

    beginning of year $10,710,463 · end of year $10,791,279

  • 28 · Net assets with donor restrictions

    beginning of year $5,166,109 · end of year $6,011,749

Mission and programs · 2023

Mission

THE MISSION OF THE AMERICAN OSTEOPATHIC FOUNDATION IS TO SUPPORT PROGRAMS AND SERVICES THAT PROMOTE OSTEOPATHIC MEDICINE AND ENHANCE PATIENT-CENTERED CARE.

Activities or mission (Part I)

TO SUPPORT PROGRAMS AND SERVICES THAT PROMOTE OSTEOPATHIC MEDICINE AND ENHANCE PATIENT-CENTERED CARE. THE AOF HAS WORKED DILIGENTLY TOWARD REALIZING ITS VISION, TO ENRICH GLOBAL HEALTH BY PROMOTING OSTEOPATHIC MEDICINE. THE AOF IS ENERGIZED AND INSPIRED TO ACCOMPLISH THIS THROUGH ITS MISSION, TO SUPPORT PHILANTHROPIC ACTIVITIES THAT PROMOTE AND ENHANCE THE OSTEOPATHIC PROFESSION. THROUGH THE SUPPORT OF LEADERSHIP, THE DEDICATION AND FORESIGHT OF THE AOF BOARD OF DIRECTORS, AND THE GENEROSITY OF THE FOUNDATION'S LOYAL DONORS, THE AOF PROUDLY SERVES AS THE PHILANTHROPIC PARTNER FOR THE OSTEOPATHIC PROFESSION, THE ASSOCIATION AND THE AFFILIATES. AOF HAS MADE A DIFFERENCE IN THE LIVES OF MANY WITHIN THE PROFESSION AND CONTINUES TO INCREASE THE NUMBER OF AWARDS GIVEN, GRANTS EXTENDED, SCHOLARSHIPS AWARDED, AND SERVICES PROVIDED THAT ENHANCE AND BENEFIT OSTEOPATHIC STUDENTS, RESIDENTS, PHYSICIANS - AND THE PATIENTS THEY SO HONORABLY SERVE.

  • FOR 74 YEARS, THE AMERICAN OSTEOPATHIC FOUNDATION (AOF) HAS OPERATED AS THE CHARITABLE HEART OF THE OSTEOPATHIC PROFESSION. AOF ACCOMPLISHES THIS BY PROVIDING FINANCIAL SUPPORT TO PROMOTE, ENCOURAGEAND DISSEMINATE THE PRINCIPLES AND PRACTICE OF OSTEOPATHIC MEDICINE. THE AOF IS THE ONLY NATIONAL OSTEOPATHIC FOUNDATION THAT SUPPORTS AND INVESTS IN THE WHOLE PROFESSION BY RECOGNIZING OSTEOPATHIC STUDENTS, RESIDENTS AND PRACTICING PHYSICIANS BASED ON PROFESSIONAL MERIT.EDUCATION: THE AMERICAN OSTEOPATHIC FOUNDATION (AOF) PROVIDES EDUCATIONAL SCHOLARSHIPS TO OSTEOPATHIC MEDICAL STUDENTS IN AN EFFORT TO DEFRAY COSTS OF MEDICAL SCHOOL.

    Expenses $713,288 · Grants $299,856 · Revenue $21,465

  • RECOGNITION AWARDS: THE AOF'S INDUSTRY RECOGNITION AWARDS CELEBRATE EXCELLENCE IN EDUCATION, RESEARCH, AND ACADEMIC LEADERSHIP THROUGHOUT TO THE OSTEOPATHIC PROFESSION.

    Expenses $196,496 · Grants $65,486

  • INTERNATIONAL HUMANITARIAN OUTREACH: THE AOF PROVIDES GRANTS TO HELP DEFRAY INTERNATIONAL TRAVEL COSTS FOR MEMBERS OF THE OSTEOPATHIC PROFESSION WHO PROVIDE MEDICAL SUPPORT TO UNDERSERVED, UNDERDEVELOPED AND/OR DISASTER-STRICKEN AREAS ACROSS THE WORLD. THIS GRANT PROGRAM BRINGS MEDICAL ATTENTION TO TENS OF THOUSANDS OF PATIENTS WHO MAY HAVE OTHERWISE GONE WITHOUT CARE. AN EXPANSION OF THE INTERNATIONAL HUMANITARIAN OUTREACH PROGRAM INCLUDES GRANTS TO DOMESTIC ORGANIZATIONS RUN BY AN OSTEOPATHIC PHYSICIAN(S) THAT TREAT PATIENTS THROUGHOUT THE YEAR IN A FOREIGN COUNTRY(S). ORIGINALLY INCORPORATED INTO AOF'S PORTFOLIO TO PROVIDE MEDICAL AID FOLLOWING THE PANDEMIC, MULTI-YEAR INTERNATIONAL GRANTS ARE NOW PART OF THE OVERALL PROGRAM.

    Expenses $130,139 · Grants $48,277

  • RESEARCH: AOF SUPPORTS OSTEOPATHIC RESEARCHERS WHO EXPLORE NEW MEDICAL INSIGHTS AND MODALITIES TO ENHANCE PATIENT CENTERED CARE. AOF GRANTS PRIMARILY SUPPORT EARLY INVESTIGATORS AND MEDICAL STUDENTS TO ENCOURAGE THE PURSUIT OF KNOWLEDGE THROUGHOUT THEIR CAREERS.

    Expenses $123,830 · Grants $61,152

  • COMMUNITY SERVICE: THE AOF OFFERS GRANTS TO SUPPORT OSTEOPATHIC EFFORTS THAT PROVIDE COMMUNITY WELLNESS SERVICES AND/OR ACCESSIBLE CARE IN LOCAL COMMUNITIES.

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • DAWN TARTAGLIONE DO

    PRESIDENT

    Total calculated
    $0
    Hours/week
    5

  • BARBARA ROSS-LEE DO

    IMMEDIATE PAST PRESIDENT

    Total calculated
    $0
    Hours/week
    2

  • JOSEPH ZAMMUTO DO

    PRESIDENT ELECT

    Total calculated
    $0
    Hours/week
    3

  • JULIEANNE SEES DO

    VICE PRESIDENT

    Total calculated
    $0
    Hours/week
    2 + 1 related

  • SCOTT CYRUS DO

    TREASURER

    Total calculated
    $0
    Hours/week
    2

  • THOMAS WALLACE

    SECRETARY

    Total calculated
    $0
    Hours/week
    2

  • JEFFREY GROVE DO

    PAST PRESIDENT

    Total calculated
    $0
    Hours/week
    2

  • JEFFREY HEATHERINGTON

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • JILL HELENBROOK

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • JOHN KOWALCYZK DO

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • WENDY MCDONALD RN

    DIRECTOR

    Total calculated
    $0
    Hours/week
    3

  • SEGER MORRIS DO

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • KRIS NICHOLOFF

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • SONIA RIVERA MARTINEZ DO

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2 + 1 related

  • LINDA SAULNIER

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • TANYA PORTER

    DIRECTOR (THROUGH 8/17/23)

    Total calculated
    $0
    Hours/week
    2

  • ATHENA MASI

    STUDENT DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • MATTHEW STOKELL

    STUDENT DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • RITA FORDEN

    CHIEF EXECUTIVE OFFICER

    Total calculated
    $303,757
    From this org
    $284,543
    From related orgs
    $0
    Other
    $19,214
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $284,543
    Bonus
    $0
    Other
    $0
    Deferred
    $18,583
    Nontaxable benefits
    $631
    Filer's total
    $303,757

  • RICHARD BLAIR

    FINANCE DIRECTOR

    Total calculated
    $168,048
    From this org
    $138,059
    From related orgs
    $0
    Other
    $29,989
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $138,059
    Bonus
    $0
    Other
    $0
    Deferred
    $10,286
    Nontaxable benefits
    $19,703
    Filer's total
    $168,048

  • TERESA SAUNDERS

    DEVELOPMENT DIRECTOR

    Total calculated
    $127,590
    From this org
    $103,272
    From related orgs
    $0
    Other
    $24,318
    Hours/week
    40

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Compensation committee
  • 3 · Form 990 of other organizations
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2023
Filed
11 April 2024
IRS schema version
2023v5.0
Source object
202411209349300931

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.