2020-04-15T08:18:30-05:00 2019-06-30 363321958 Desmond & Ahern Ltd 10827 S Western Avenue Chicago IL 60643 990 2018-07-01 366009467 Orthopaedic Research and Education Foundation ORTH 8476989980 9400 W Higgins Road No 215 Rosemont IL 60018 Joshua Jacobs MD Treasurer 8476989980 2020-04-14 1 Paul Betlinski P01960501 7737794720 2020-04-14 96.84.64.45 2020-04-14 08:32:57 CD P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 6C9B1A35775087DBDB8A6D25ECA509C7F6C27838 2018 2021-01-29 14:40:06Z OREF Richard Kyle MD 9400 W Higgins Road No 215 Rosemont IL 60018 9411406 0 X www.oref.org X 1955 IL Improving lives by supporting excellence in orthopaedic research 22 22 13 200 0 0 5448193 3198011 0 0 639533 474071 0 0 6087726 3672082 2534717 2231583 0 0 1575505 1627891 0 0 887406 1077279 1087127 5187501 4946601 900225 -1274519 25537755 23718387 4034676 3974334 21503079 19744053 The Orthopaedic Research and Education Foundation (OREF) mission is improving lives by supporting excellence in orthopaedic research. OREF's vision is that it will be the leader in supporting orthopaedic research to improve function, eliminate pain and restore mobility. 0 0 3087365 2231583 Grant program: The purpose of OREF is to support research into the causes and treatment of musculoskeletal diseases and injuries. OREF's niche is supporting surgeon-researchers and PHD-researchers in basic science/translation, clinical, and health services research. OREF's education program offers new orthopaedic medical researchers the opportunity to develop their research interests and skills. Through educational programming, OREF supports emerging talent to help them successfully pursue research careers. 3087365 1 1 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 16 0 1 13 1 0 0 0 0 0 0 0 0 0 0 0 0 X 22 22 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 AK AL AR AZ CA CT DC DE FL GA IL IN KS KY LA MA MD ME MI MS MN MO MT NC ND NE NH NM NY OH OK OR PA RI SC SD TN UT VA WA WI WV WY X X Lee Grossman 8476989980 9400 W Higgins Road Rosemont IL 60018 Michael L Parks MD President 5.00 X X 0 0 0 James G Borovsky Secretary-Treasurer 5.00 X X 0 0 0 Jeffrey S Abrams MD Chair, Corporate Advisory 5.00 X 0 0 0 David C Dvorak JD Trustee 5.00 X 0 0 0 Matthew B Dobbs MD Vice Chair-Grants 5.00 X 0 0 0 Joshua J Jacobs Chair-Mentorship Champ/Tre 5.00 X 0 0 0 Farshid Guilak MD Trustee 5.00 X 0 0 0 Richard F Santore MD Chair-Individual Developme 5.00 X 0 0 0 Mary Lloyd Ireland MD Trustee 5.00 X 0 0 0 Letha Y Griffin MD PhD Trustee 5.00 X 0 0 0 Richard F Kyle MD President-elect 5.00 X X 0 0 0 David G Lewallen MD Past President (2018-2019) 5.00 X X 0 0 0 Christopher R Adams MD Trustee 5.00 X 0 0 0 Jeremie M Axe MD Trustee 5.00 X 0 0 0 B Sonny Bal MD JD MBA PhD Trustee 5.00 X 0 0 0 Nicholas M Bernthal MD Trustee 5.00 X 0 0 0 Eric V Dremel Trustee 5.00 X 0 0 0 James R Ficke MD Trustee thru 3/19 5.00 X 0 0 0 Karen L Hackett Trustee 5.00 X 0 0 0 Lawrence L Lenke MD Trustee 5.00 X 0 0 0 Timothy J Luchetti MD Trustee 5.00 X 0 0 0 William C McMaster MD Trustee thru 3/19 5.00 X 0 0 0 Andrew N Pollak MD Trustee 5.00 X 0 0 0 Thomas P Sculco MD Trustee 5.00 X 0 0 0 Annuunziato Amendola MD Trustee 5.00 X 0 0 0 Daniel J Berry MD Trustee 5.00 X 0 0 0 P Joanne Ray CEO thru 8/2018 50.00 X 283963 0 27253 Lee Grossman CEO since 6/2019 40.00 X 0 0 0 Carol Wargo Vice President of Corporat 40.00 X 143501 0 11343 Edward Hoover Senior VP of Development 40.00 X 141544 0 13159 Ponda Barnes Vice President of Grants 40.00 X 130820 0 10260 Karen Pubentz Sr. Director of Communicat 40.00 X 118303 0 20062 818131 0 82077 5 0 1 0 0 3198011 3198011 441988 441988 5771407 5739324 32083 32083 32083 3672082 0 0 474071 2231583 2231583 124628 13709 71038 39881 1268216 382977 519417 365822 65860 20410 26538 18912 78204 23747 33118 21339 90983 26140 38399 26444 17009 3403 6803 6803 22765 10390 12375 18716 18716 32958 16479 16479 4265 66 4132 67 169166 30780 20746 117640 84008 14845 36530 32633 113493 32629 47856 33008 128075 30057 58839 39179 47576 2560 26694 18322 193571 124469 14596 54506 27943 6427 12854 8662 87115 58834 24015 4266 Bad debt 136500 68250 68250 Dues and subscriptions 3967 1149 2818 4946601 3087365 971830 887406 465434 471 2784754 3965552 3056939 1976546 52573 31654 245168 166164 106947 79004 14772453 13069749 4298655 4595411 25537755 23718387 201547 185244 3134087 3168119 699042 620971 4034676 3974334 X 418258 453327 4804332 3887518 16280489 15403208 21503079 19744053 25537755 23718387 X -1274519 324528 -809035 X 0 1 X 1 0 X 4520407 5097325 4715824 5448193 3198011 22979760 4520407 5097325 4715824 5448193 3198011 22979760 2515975 20463785 904836 805283 431365 506240 441988 3089712 26069472 0.78500 0.78310 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1 X 8311807 35531 733712 1119295 7961755 8014335 46789 250683 8311807 7306263 10723 778493 81144 8014335 12835718 48562 953270 6230393 271935 28959 7306263 22513404 62327 -2148068 7564692 27250 12835721 1.00000 0 0 50447 24978 25469 130696 93975 36721 64025 47211 16814 79004 Charitable Remainder Trust Receivable 2821579 Cash Surrender Value of Life Insurance 1759748 Other receivables 14084 4595411 Due to Orthopaedic Partners 620971 620971 X 4306870 324528 310260 634788 3672082 0 3672082 6065896 1119295 1119295 4946601 0 4946601 Part IV, Line 2b: On behalf of other orthopaedic organizations, the Foundation accepts contributions for which it performs recordkeeping and provides grants requested by those organizations. Part X, Line 2: FIN48 Note from Audited Financial Statements The Foundation, an Illinois nonprofit corporation, is exempt from income taxes under Section 501(c)(3) of the Internal Revenue Code and applicable state law, except for taxes pertaining to unrelated business income, if any. The Foundation's annual information and income tax returns filed with the federal and state governments are subject to examination generally for three years after they are filed. The Foundation has adopted the requirements for accounting for uncertain tax positions and management has determined that the Foundation was not required to record a liability related to uncertain tax positions as of June 30, 2019. Part XI, Line 2d - Other Adjustments: Change in cash surrender value of life insurance policies 59,802. Change in charitable remainder trust receivable 250,458. Part XII, Line 2d - Other Adjustments: Orthopaedic partner endowment distribution 1,119,295. 1 American Academy of Orthopaedic Surgeons 9400 West Higgins Road Rosemont IL 60018 362110592 501(c)(3) 5000 2018 - AAOS/OREF/ORS Clinician Scholar Development Program Albany Medical College 47 New Scotland Avenue Albany NY 12208 141338310 501(c)(3) 5000 Preoperative Phototherapy with Benzyl Peroxide to decrease P Acnes burden. Cleveland Clinic Foundation 9500 Euclid Avenue Cleveland OH 44195 340714585 501(c)(3) 48179 Personalized Outcome Prediction Tool for Total Knee Arthroplasty University of Alabama 1720 2nd Avenue South Birmingham AL 35294 163600539 501(c)(3) 5000 Biofilm Growth on Cerclage Materials: Are Nonmetallic Polymers Superior? Columbia University Medical Center 630 West 168th Street New York NY 10032 135598093 501(c)(3) 5000 Early osteoarthritis after neonatal brachial plexus palsy Northwestern University Department of Orthopaedic Surgery 676 N Saint Clair Street Suite 1350 1350 Chicago IL 60611 362167817 501(c)(3) 5000 A multimodal nanofiber scaffold to improve bone healing in smokers Dartmouth College 11 Rope Ferry Road Hanover NH 03755 020222111 501(c)(3) 5000 Characterizing the Microbiome of the Native, Arthritic Knee Duke University 200 West Main Street Suite 820 Durham NC 27705 560532129 501(c)(3) 5000 Bortezomib: A novel treatment to improve survival in osteosarcoma University of Arizona PO Box 210158 Tucson AZ 85721 742652689 501(c)(3) 5000 Recovery from Ciprofloxacin Induced Tendinopathy Hospital for Special Surgery 535 East 17th Street New York NY 10021 131624135 501(c)(3) 72000 Mechanics of the Ankle and Adjacent Joints after Total Ankle Replacement Hospital for Special Surgery 535 East 17th Street New York NY 10021 131624135 501(c)(3) 5000 Nutritional Sustenance and Waste Scavenging in Bone Grafting University of Iowa 2 Gilmore Hall Iowa City IA 52242 426004813 501(c)(3) 300000 Benchmarking Expert Performance to Establish Competency in Wire Navigation University of Rochester 518 Hylan Bldg Box 270140 Rochester NY 14627 160743209 501(c)(3) 298350 Does the FAST Program Demonstrate Transfer Validity? Massachusetts General Hospital 55 Fruit Street Boston MA 02114 042697983 501(c)(3) 5000 In vivo facet joint characteristics in patients with cervical spondylosis MedStar Health Research Institute 6525 Belcrest Road Suite 700 Hyattsville MD 20782 526056274 501(c)(3) 5000 The Effect of Skin Pigmentation on Evaluation of Distal Limb Ischemia Mayo Clinic 200 First Street SW Rochester MN 55905 416011702 501(c)(3) 5000 Baseball Statistics for Assessing Return to Play in Pitchers NYU Langone Medical Center One Park Avenue 17th floor New York NY 10016 113556230 501(c)(3) 89999 Targeting the Functional Safe-Zone with Robotic-Assisted THA Pennsylvania State University H138 500 University Drive Hershey PA 17033 246000376 501(c)(3) 5000 Shoulder immobilization following reverse total shoulder arthroplasty Stanford University 455 Broadway Street 2nd Floor Redwood City CA 64063 941156365 501(c)(3) 5000 Investigation of an Acellular Synthetic Implant for Bone Regeneration Rush University Medical Center 1653 W Congress Parkway Chicago IL 60612 362174823 501(c)(3) 50000 Application Materials for Improved Predictions of Orthopaedic Implant Fixation University of California San Francisco 3333 California St San Francisco CA 94143 946036493 501(c)(3) 5000 Epidemiology, Outcomes and Cost of Revision Total Hip and Knee Arthroplasty University of Cincinnati 51 Goodman Drive Cincinnati OH 45221 316000989 501(c)(3) 75000 Assessing Effects of EMR on Physician Well-Being using Smartphone Sensing University of Pennsylvania 3451 Walnut St Philadelphia PA 19104 231352685 501(c)(3) 5000 Limited Scar Resection for Chronic Achilles Repair: Use of a Rat Model University of California Los Angeles 10889 Wilshire Blvd Los Angeles CA 90095 956006143 501(c)(3) 5000 Macrophage Priming and Adoptive Transfers in Orthopaedic Implant Infections University of Pennsylvania 3451 Walnut St Philadelphia PA 19104 231352685 501(c)(3) 20000 A Novel Tissue Engineered Anatomic Joint Replacement for TMC Osteoarthritis University of Pittsburgh 3471 Fifth Avenue Pittsburgh PA 15312 250965591 501(c)(3) 20000 Heterotopic ossification in a murine model of lower extremity blast injury University of Pittsburgh 123 University Place Pittsburgh PA 15312 250965591 501(c)(3) 50000 Bilateral Knee Kinematics in High and Low-Functioning Patients After TKA The Rothman Institute 925 Chestnut Street Philadelphia PA 19107 222620085 501(c)(3) 44037 Photodynamic therapy for C. acnes decolonization of the shoulder dermis University of Florida 207 Grinter Hall Gainesville FL 32611 596002052 501(c)(3) 148707 Development of a Protocol to Evaluate Baseball Pitcher's Workload Washington University in St Louis One Brookings Drive St Louis MO 63130 430653611 501(c)(3) 50000 Understanding The Molecular Biology Of Shoulder Joint Degeneration Washington University in St Louis One Brookings Drive St Louis MO 63130 430653611 501(c)(3) 5000 In Vivo Analysis of 3D Printed Peripheral Nerve Conduits Wake Forest University PO Box 7528 WinstonSalem NC 27109 156053213 501(c)(3) 20000 Musculoskeletal Uses of Botulinum Toxins: A 30 Year Translational Journey at Wake Forest School of Medicine Orthopaedic Research Society 9400 West Higgins Road Rosemont IL 60018 363180285 501(c)(3) 5000 Clinician Scholar Career Development Program (CSDP) Yale University PO Box 208327 New HAven CT 06520 060646973 501(c)(3) 5000 Metastatic Breast Cancer and the Induction of Bone Resorption Rhode Island Hospital 593 Eddy Street Providence RI 02903 956006143 501(c)(3) 98000 Implementing allogeneic stem cells from cartilage graft in meniscus repair University of California Los Angeles 10889 Wilshire Blvd Los Angeles CA 90095 050258954 501(c)(3) 150000 Biologic Therapy to Prevent Osteoarthritis After ACL Injury University of Kentucky Research Foundation 500 South Limestone Lexington KY 40506 616033693 501(c)(3) 217261 Predictors of Persistent Pain and Performance in Patients with Fractures The University of Texas Health Science Center at Houston 7000 Fannin UTC 1006 Houston TX 77030 741761309 501(c)(3) 297726 Fracture Fixation Training using a Hybrid Simulator with Data Visualization Rhode Island Hospital 593 Eddy Street Providence RI 02903 050258954 501(c)(3) 5000 Initial Metacarpal Stability Following Thumb Carpometacarpal Arthroplasty University of Iowa Department of Orthopaedics & Rehabilitation 200 Hawkins Drive Iowa City IA 52242 426004813 501(c)(3) 5000 The Utility of Deltoid Ligament Reconstruction in Syndesmotic Injuries University of California Los Angeles 10889 Wilshire Blvd Los Angeles CA 90095 956006143 501(c)(3) 5000 The Promise of Photodynamic Therapy (PDT) for Implant Infection Stanford University 455 Broadway Street 2nd Floor Redwood City CA 94063 941156365 501(c)(3) 5000 Prospective Isolation of Skeletal Stem Cells from Human Fractures In Vivo Part I, Line 2: The Research Grants Committee is responsible for allocating research funding to advance research in the specialty of orthopaedics and is empowered to establish criteria for the allocation and distribution of philanthropic funds to advance research in the specialty of orthopaedics, implement and conduct independent peer review process to select research funding recipients, prepare and distribute necessary promotional information and application forms for research grants and awards and to accept and allocate or decline to allocate, at its sole and absolute discretion, grants and awards for research. One-year grant recipients receive 50% of the funds to start, then 40% after a six-month financial report is received. A final scientific and lay report within 60 days after the grant ends along with a final financial report is required. Once OREF has the final reports the remaining 10% of the funds are released. One-time award/educational grant/lectureship grants receive full payment after they are approved. Documentation is in the file for lectureships, educational programs and awards. Two or three-year grants are paid and spread over the term of the grant. 10% is withheld until all of the reports are received. Multi-year grant recipients submit annual scientific reports which are then reviewed by the original peer review committee member. X X 1 0 0 0 0 0 0 0 0 P Joanne Ray CEO thru 8/2018 85953 0 19000 0 179010 0 8314 0 18939 0 311216 0 0 0 Carol Wargo Vice President of Corporat 143351 0 150 0 0 0 11343 0 0 0 154844 0 0 0 Edward Hoover Senior VP of Development 138544 0 3000 0 0 0 11245 0 1914 0 154703 0 0 0 Part I, Line 4a Joanne Ray, former CEO, received severance of $179,010 upon leaving the Organization in August 2018. Severence was included in her 2018 W-2. Form 990, Part VI, Section B, line 11b The Finance Committee reviewed and approved the Form 990. It was provided to the Board of Directors, who had an opportunity to review the return prior to filing. Form 990, Part VI, Section B, line 12c All Trustees annual conflict of interest statements are on file with the OREF CEO. The CEO reviews meeting agendas prior to the meeting and notifies leadership of any issues that need to be addressed before the discussions take place. Any individual who gives notice of a potential conflict is to abstain from participation in discussions related to that item. Form 990, Part VI, Section B, line 15 The Foundation has a formal process to determine the compensation of its CEO. The process includes the following: 1) Review and approval by the Board of Trustees or Compensation Committee; 2) Use of comparable compensation data; 3) Contemporaneous documentation and record keepping. Form 990, Part VI, Section C, line 19 The Foundation made its governing documents, conflict of interest policy, and financial statements available to the public upon request for the period of disclosure set forth in IRC Section 6104(d). Form 990, Part XI, line 9: Orthopaedic partner endowment distribution -1,119,295. Change in cash surrender value of life insurance policies 59,802. Change in charitable remainder trust receivable 250,458. Charitable Remainder Trusts Charitable trusts IL T 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0