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Nonprofiteer
← FOUNDATION FOR PHYSICAL THERAPY RESEARCH INC

Form 990 for tax year 2024

Filed by FOUNDATION FOR PHYSICAL THERAPY RESEARCH INC.

Totals

Total revenue
$3,179,610
Total expenses
$2,327,122
Contributions and grants received
$1,461,951
Grants paid
$1,030,042
Program service revenue
$0
Investment income
$1,717,659
Other revenue
$0
Total assets, end of year
$28,578,223
Total liabilities, end of year
$1,382,685
Net assets or fund balances, end of year
$27,195,538
Program services expenses (Part IX)
$1,774,653
Management and general expenses
$209,893
Fundraising expenses
$342,576
Program service expenses (Part III)
$1,774,653

Program services were 76.3% 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.

  • 1d · Related organizations

    $500,000

  • 1f · All other contributions, gifts and grants

    $961,951

  • 1g · Noncash contributions included above

    $45,947

  • 3 · Investment income

    total $755,009 · excluded $755,009

  • 7a · Gross sales of assets other than inventory

    securities $4,941,023

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

    securities $3,978,373

  • 7c · Gain or loss

    securities $962,650

  • 7d · Net gain or loss

    total $962,650 · excluded $962,650

Functional expenses

Part IX, the statement of functional expenses.

  • 2 · Grants to domestic individuals

    total $1,030,042 · program services $1,030,042

  • 5 · Compensation of officers, directors and key employees

    total $256,893 · program services $164,412 · management and general $25,689 · fundraising $66,792

  • 7 · Other salaries and wages

    total $499,005 · program services $319,364 · management and general $49,900 · fundraising $129,741

  • 8 · Pension plan contributions

    total $14,696 · program services $9,405 · management and general $1,470 · fundraising $3,821

  • 9 · Other employee benefits

    total $122,374 · program services $78,319 · management and general $12,238 · fundraising $31,817

  • 10 · Payroll taxes

    total $55,810 · program services $35,718 · management and general $5,581 · fundraising $14,511

  • 11c · Fees: accounting

    total $18,135 · management and general $18,135

  • 11f · Fees: investment management

    total $13,619 · management and general $13,619

  • 11g · Fees: other

    total $82,511 · program services $50,980 · management and general $24,001 · fundraising $7,530

  • 12 · Advertising and promotion

    total $14,166 · program services $14,020 · fundraising $146

  • 13 · Office expenses

    total $43,487 · program services $9,803 · management and general $17,726 · fundraising $15,958

  • 14 · Information technology

    total $42,347 · program services $9,256 · management and general $4,210 · fundraising $28,881

  • 17 · Travel

    total $49,097 · program services $6,673 · management and general $21,852 · fundraising $20,572

  • 19 · Conferences, conventions and meetings

    total $40,387 · program services $23,206 · management and general $799 · fundraising $16,382

  • 23 · Insurance

    total $3,579 · management and general $3,579

  • 24a · Other expenses: DUES/REGISTRATION/FEES

    total $15,872 · program services $13,111 · management and general $1,526 · fundraising $1,235

  • 24b · Other expenses: EXHIBIT FEES

    total $10,344 · program services $10,344

  • 24c · Other expenses: TEMPORARY EMPLOYMENT

    total $7,039 · management and general $7,039

  • 24d · Other expenses: TAXES/REGISTRATION FEES

    total $5,064 · management and general $165 · fundraising $4,899

  • 24e · All other expenses

    total $2,655 · management and general $2,364 · fundraising $291

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $409,936 · end of year $301,843

  • 2 · Savings and temporary cash investments

    beginning of year $1,415,402 · end of year $1,309,055

  • 3 · Pledges and grants receivable

    beginning of year $193,137 · end of year $127,480

  • 4 · Accounts receivable

    beginning of year $4,423 · end of year $14,303

  • 9 · Prepaid expenses and deferred charges

    beginning of year $28,695 · end of year $68,896

  • 11 · Investments: publicly traded securities

    beginning of year $24,459,276 · end of year $26,756,646

  • 17 · Accounts payable and accrued expenses

    beginning of year $71,198 · end of year $23,935

  • 18 · Grants payable

    beginning of year $1,347,500 · end of year $1,358,750

  • 27 · Net assets without donor restrictions

    beginning of year $4,412,821 · end of year $4,968,594

  • 28 · Net assets with donor restrictions

    beginning of year $20,679,350 · end of year $22,226,944

Mission and programs · 2024

Mission

THE FOUNDATION'S MISSION IS TO FUND RESEARCH AND DEVELOP RESEARCHERS TO OPTIMIZE MOVEMENT AND HEALTH OF SOCIETY.

Activities or mission (Part I)

FUNDING PHYSICAL THERAPY RESEARCH THROUGH GRANTS, SCHOLARSHIPS AND FELLOWSHIPS.

  • SCIENTIFIC RESEARCH/GRANTS: THE FOUNDATION IS DEDICATED TO PROVIDING GRANT AND SCHOLARSHIP SUPPORT TO PHYSICAL THERAPIST INVESTIGATORS TO PROMOTE TRAINING AND GRANT FUNDING FOR SCIENTIFICALLY BASED AND CLINICALLY RELEVANT RESEARCH RELATED TO THE EFFECTIVENESS OF PHYSICAL THERAPY PRACTICE. THE FOUNDATION CONTINUES TO SUPPORT RESEARCHERS AROUND THE COUNTRY IN AREAS SUCH AS: ORTHOPAEDICS, GERIATRICS, PEDIATRICS, NEUROLOGY, CHRONIC CONDITIONS, AND CARDIOLOGY.

    Expenses $916,947 · Grants $768,460

  • AWARENESS: THE FOUNDATION STRIVES TO RAISE AWARENESS OF FUNDING OPPORTUNITIES ON A WIDE RANGE OF PHYSICAL THERAPY RESEARCH AREAS AND ITS VITAL ROLE FOR PRACTICING PHYSICAL THERAPISTS WHICH RESULTS IN ADVANCING HEALTHCARE AND OPTIMIZING MOVEMENT OF PATIENTS AND INDIVIDUALS ACROSS ALL AGE AND DISEASE SPECTRUMS.

    Expenses $439,680

  • EDUCATIONAL: IN 2024, THE FOUNDATION AWARDED $261,582 IN SCHOLARSHIPS TO SUPPORT PHYSICAL THERAPISTS OR PHYSICAL THERAPIST ASSISTANTS IN THEIR FIRST YEAR OF A POST-PROFESSIONAL DOCTORAL DEGREE PROGRAM (PODS I) AND POST-CANDIDACY PHASE OF POST-PROFESSIONAL DOCTORAL STUDIES (PODS II).

    Expenses $418,026 · Grants $261,582

As filed on the 2024 return.

Listed in Part VII

  • Paul Rockar

    PRESIDENT/CHAIR

    Total calculated
    $0
    Hours/week
    12

  • Rebecca Craik

    VICE PRESIDENT

    Total calculated
    $0
    Hours/week
    8

  • Donald Jackson

    TREASURER

    Total calculated
    $0
    Hours/week
    8

  • Terence Brown

    SECRETARY

    Total calculated
    $0
    Hours/week
    8

  • Nancy Byl

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Dwayne Hofstatter

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Jimmy McKay

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Linda Van Dillen

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Marilyn Moffat

    DIRECTOR

    Total calculated
    $0
    Hours/week
    5

  • Barbara Connolly

    DIRECTOR

    Total calculated
    $0
    Hours/week
    5

  • Jerry Smith

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Eva Norman

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • David Rouen III

    DIRECTOR

    Total calculated
    $0
    Hours/week
    4

  • Christopher Powers

    DIRECTOR

    Total calculated
    $0
    Hours/week
    4

  • Barbara Malm

    CHIEF EXECUTIVE OFFICER

    Total calculated
    $257,522
    From this org
    $198,626
    From related orgs
    $0
    Other
    $58,896
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $198,626
    Bonus
    $0
    Other
    $0
    Deferred
    $20,815
    Nontaxable benefits
    $38,081
    Filer's total
    $257,522

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 · 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

The filer's explanations (Part III)

PART I, LINE 3
THE CHIEF EXECUTIVE OFFICER'S COMPENSATION IS DETERMINED IN CONJUNCTION WITH THE FOUNDATION'S EXECUTIVE COMMITTEE AND WITH THE AMERICAN PHYSICAL THERAPY ASSOCIATION. THE CHIEF EXECUTIVE OFFICER'S COMPENSATION MUST BE IN A RANGE THAT IS CONSISTENT WITH OTHER EMPLOYEES OF THE AMERICAN PHYSICAL THERPAY ASSOCIATION, HOWEVER, THE FOUNDATION'S EXECUTIVE COMMITTEE SETS THE COMPENSATION WITHIN THE ALLOWABLE RANGE. THE CHIEF EXECUTIVE OFFICER'S COMPENSATION IS EVALUATED ANNUALLY.

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

No itemized grants to organizations 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
2024
Filed
12 May 2025
IRS schema version
2024v5.1
Source object
202511329349302716

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

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