PHILADELPHIA COLLEGE OF OSTEOPATHIC MEDICINE FOUNDATION Charity Report

Public IRS 990 nonprofit record

PHILADELPHIA COLLEGE OF OSTEOPATHIC MEDICINE FOUNDATION

EIN 22-2691757 · Education (B110)

What they do

CONDUCTS FUNDRAISING IN SUPPORT of PCOM, AS WELL AS, PROVIDES MANAGEMENT of PCOM ENDOWMENT FUNDS. THESE FUNDS ARE USED to PROVIDE SCHOLARSHIPS, AWARDS, and FUNDS for OPERATING COSTS.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $72.40 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders25 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

32.99%of revenue went to mission work72.4% of expenses · Program services

2.14%of revenue went to fundraising4.7% of expenses

$45.57spent for every $100 of revenueRevenue covered expenses this year.

10.44%of revenue went to management and office costs22.9% of expenses

$41.51in assets for every $1 spent this yearSome assets cannot be spent right away.

12.1%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $84,415 for PETER DOULIS UNTIL 062024 (FORMER VP FINANCE/CFO). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$35,022,022

Mission workProgram services$11,553,15632.99% of revenue72.4% of expenses

ManagementOffice and general costs$3,657,89910.44% of revenue22.9% of expenses

FundraisingAsking for donations$748,6182.14% of revenue4.7% of expenses

Revenue left after expensesReported annual surplus$19,062,34954.43% of revenueShown in gray on the chart

Total expenses$15,959,67345.57% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 72.4% mission · 22.9% management · 4.7% fundraisingTotal expenses: 45.57% of revenue

2023Expense mix: 69.4% mission · 23.2% management · 7.4% fundraisingTotal expenses: 64.31% of revenue

2022Expense mix: 76.6% mission · 23.4% management · 0.0% fundraisingTotal expenses: 246.85% of revenue

2021Expense mix: 74.5% mission · 25.5% management · 0.0% fundraisingTotal expenses: 58.42% of revenue

2020Expense mix: 74.3% mission · 25.7% management · 0.0% fundraisingTotal expenses: 46.77% of revenue

2019Expense mix: 100.0% mission · 0.0% management · 0.0% fundraisingTotal expenses: 49.53% of revenue

2018Expense mix: 100.0% mission · 0.0% management · 0.0% fundraisingTotal expenses: 55.30% of revenue

2017Expense mix: 100.0% mission · 0.0% management · 0.0% fundraisingTotal expenses: 40.25% of revenue

Money in and money out

Revenue$35,022,022

Expenses$15,959,673

Annual surplus $19,062,349 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$11,553,156 · 72.4% of expenses

Management and office costs$3,657,899 · 22.9% of expenses

Fundraising$748,618 · 4.7% of expenses

See all reported dollar amounts

Revenue$35,022,022

Expenses$15,959,673

Assets$662,452,118

Income$159,467,190

Contributions$4,226,373

Mission work (program services)$11,553,156

Fundraising$748,618

Grants given$15,955,840

Average grant$1,994,480

Management and general$3,657,899

Stocks and bonds$87,769,718

Investing fees$3,657,899

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

PETER DOULIS UNTIL 062024FORMER VP FINANCE/CFO $84,415Base · Other $84,415

CARRIE COLLINSCHIEF ADVANCEMENT AND STRATEGIC PLANNING OFFICER · 27 hrs/week $77,775Base · Other $77,775

DALLAS A GRUNDY UNTIL 0925VP OF FINANCE & ADMINISTRATION · 3 hrs/week $77,176Base · Other $77,176

DAVID SIMON UNTIL 062024FORMER CHIEF LEGAL AFFAIRS OFFICER $72,807Base · Other $72,807

KENNETH J VEIT DOPROVOST, SVP ACADEMIC AFFAIRS, DEAN · 3 hrs/week $70,569Base · Other $70,569

JAY S FELDSTEIN DOPRESIDENT & CEO · 3 hrs/week $65,009Base · Other $65,009

MINDY GEORGE-WEINSTEIN PHDTRUSTEE/FACULTY REPRESENTATIVE $59,990Base · Other $59,990

LYNN KUSHSECRETARY · 2 hrs/week $38,789Base · Other $38,789

MARCINE PICKRON-DAVISCHIEF CAMPUS & COMM. PARTNERSHIP OFF · 2 hrs/week $36,204Base · Other $36,204

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (25)

PETER DOULIS UNTIL 062024FORMER VP FINANCE/CFO

CARRIE COLLINSCHIEF ADVANCEMENT AND STRATEGIC PLANNING OFFICER

DALLAS A GRUNDY UNTIL 0925VP OF FINANCE & ADMINISTRATION

DAVID SIMON UNTIL 062024FORMER CHIEF LEGAL AFFAIRS OFFICER

KENNETH J VEIT DOPROVOST, SVP ACADEMIC AFFAIRS, DEAN

JAY S FELDSTEIN DOPRESIDENT & CEO

MINDY GEORGE-WEINSTEIN PHDTRUSTEE/FACULTY REPRESENTATIVE

LYNN KUSHSECRETARY

MARCINE PICKRON-DAVISCHIEF CAMPUS & COMM. PARTNERSHIP OFF

JOSEPH A DIETERLE DOTRUSTEE (UNTIL 12/24)

JOHN P KEARNEYTRUSTEE

JOHN B BULGER DOVICE CHAIRMAN

A SCOTT MCNEAL DOVICE CHAIRMAN

MATTHEW O ELKES UNTIL 1224TRUSTEE

MICHAEL PARKERSON AS OF 0125CHIEF GOVT & EXTERNAL RELATIONS OFFICER

GENE CHAIKEN AS OF 0325VICE CHAIRMAN

DANIELLE MCNICHOL AS OF 0125CHIEF LEGAL AFFAIRS AND COMPLIANCE OFF.

R DAVID MCCLESKEYTRUSTEE

THELMA DYE-HOLMES PHDTRUSTEE

THOMAS J GRAVINACHAIRMAN OF THE BOARD

TIMOTHY P BURGESS UNTIL 1125TRUSTEE

VINCENT LOBO DOTRUSTEE

VIRGINIA A STALLINGS MDTRUSTEE

WAYNE T SIKES UNTIL 0625TRUSTEE

WILLIAM B SWALLOW DOTRUSTEE/ALUMNI REPRESENTATIVE

About this charity

Recognized since: January 1986
Location: 4190 CITY AVENUE, PHILADELPHIA, PA 19131-1626
County: Philadelphia
In care of: % MANAGEMENT
Primary officer: ANDREW C MUELLER, INTERIM CFO/CONTROLLER

How to reach them

WebsiteVisit the charity’s website Phone(215) 871-6900

Filing and classification

Latest tax year: 2024
Tax period began: July 1, 2024
Return type: 990
Tax preparer: CLIFTONLARSONALLEN LLP
NTEE classification: Education (B110)
IRS tax category: Other Grantmaking and Giving Services
Grant-giving organization: Yes