ORTHOPAEDIC RESEARCH AND EDUCATION FOUNDATION Charity Report

Public IRS 990 nonprofit record

ORTHOPAEDIC RESEARCH AND EDUCATION FOUNDATION

EIN 36-6009467 · Medical Research (H500)

What they do

The Orthopaedic Research and Education Foundation (OREF) Mission is Improving Lives By Supporting Excellence In Orthopaedic Research. OREFs Vision is That It Will Be The Leader In Supporting Orthopaedic Research to Improve Function, Eliminate Pain and Restore Mobility.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $80.10 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 leaders24 people are listed in the latest report.

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

Money made simple

105.78%of revenue went to mission work80.1% of expenses · Program services

16.19%of revenue went to fundraising12.3% of expenses

$132.12spent for every $100 of revenueSpending was higher than revenue this year.

10.16%of revenue went to management and office costs7.7% of expenses

$3.24in assets for every $1 spent this yearSome assets cannot be spent right away.

88.2%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.

Worth asking: Expenses exceeded revenue by $1,500,468 this year. Ask whether that was planned or caused by a one-time event.

Pay context: The highest compensation shown in this filing is $369,096 for LEE GROSSMAN (CEO). 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$4,671,069

Mission workProgram services$4,941,000105.78% of revenue80.1% of expenses

ManagementOffice and general costs$474,48410.16% of revenue7.7% of expenses

FundraisingAsking for donations$756,05316.19% of revenue12.3% of expenses

Total expenses$6,171,537132.12% of revenue

Expenses were greater than revenue, so the colored ring fills the available $100 and the total above 100% is shown below.

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: 80.1% mission · 7.7% management · 12.3% fundraisingTotal expenses: 132.12% of revenue

2023Expense mix: 73.4% mission · 10.0% management · 16.6% fundraisingTotal expenses: 123.08% of revenue

2022Expense mix: 74.8% mission · 9.2% management · 16.0% fundraisingTotal expenses: 153.05% of revenue

2021Expense mix: 63.7% mission · 14.2% management · 22.1% fundraisingTotal expenses: 107.32% of revenue

2020Expense mix: 53.7% mission · 26.9% management · 19.3% fundraisingTotal expenses: 90.99% of revenue

2019Expense mix: 68.6% mission · 17.7% management · 13.7% fundraisingTotal expenses: 122.27% of revenue

2018Expense mix: 62.4% mission · 19.6% management · 17.9% fundraisingTotal expenses: 134.71% of revenue

2017Expense mix: 63.4% mission · 20.3% management · 16.3% fundraisingTotal expenses: 85.21% of revenue

Money in and money out

Revenue$4,671,069

Expenses$6,171,537

Annual shortfall $1,500,468 Expenses were higher than revenue 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)$4,941,000 · 80.1% of expenses

Management and office costs$474,484 · 7.7% of expenses

Fundraising$756,053 · 12.3% of expenses

See all reported dollar amounts

Revenue$4,671,069

Expenses$6,171,537

Assets$20,002,839

Income$7,331,090

Contributions$4,118,643

Mission work (program services)$4,941,000

Fundraising$756,053

Grants given$14,677,854

Average grant$60,652

Management and general$474,484

Executive compensation (total)$281,391

Stocks and bonds$15,538,190

Accounting fees$60,049

Investing fees$38,421

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

LEE GROSSMANCEO · 40 hrs/week $369,096Base $308,549 · Other $60,547

DAN KRUPPCORPORATE RELATIONS/INNOVA · 40 hrs/week $197,690Base $153,497 · Other $44,193

DEBORAH CUMMINSVP OF RESEARCH AND GRANTS · 40 hrs/week $197,637Base $150,845 · Other $46,792

KAREN PUBENTZSR. DIRECTOR OF COMMUNICAT · 40 hrs/week $175,119Base $148,566 · Other $26,553

JOHN JOHNSONCAMPAIGNS DIRECTOR · 1 hrs/week $147,591Base $134,357 · Other $13,234

RHONDA DIRREXECUTIVE DIRECTOR · 40 hrs/week $139,461Base $116,041 · Other $23,420

CARMEN METOYERVP OF DEVELOPMENT · 40 hrs/week $118,965Base $105,098 · Other $13,867

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 (24)

LEE GROSSMANCEO

DAN KRUPPCORPORATE RELATIONS/INNOVA

DEBORAH CUMMINSVP OF RESEARCH AND GRANTS

KAREN PUBENTZSR. DIRECTOR OF COMMUNICAT

JOHN JOHNSONCAMPAIGNS DIRECTOR

RHONDA DIRREXECUTIVE DIRECTOR

CARMEN METOYERVP OF DEVELOPMENT

THOMAS P SCULCO MDPAST PRESIDENT

ANDREW N POLLAK MDPRESIDENT ELECT

STUART WEINSTEIN MDTRUSTEE

RICHARD F SANTORE MDCHAIR-INDIVIDUAL DEVELOPME

RICHARD F KYLE MDPAST PRESIDENT

NICHOLAS M BERNTHAL MDTRUSTEE

MICHAEL P BOLOGNESI MDTRUSTEE

KAREN L HACKETTSECRETARY / TREASURER

JOSHUA J JACOBS MDPRESIDENT

JOHN D KELLY IV MDTRUSTEE

JEREMIE M AXE MDTRUSTEE

JEFFREY S ABRAMS MDCHAIR, INNOVATIONS & PARTN

JAMES R FICKE MD2ND PRESIDENT ELECT

IVAN TORMOSTRUSTEE

FRANCIS Y LEE MD PHDCHAIR RGC

DAVID C TEMPLEMAN MDTRUSTEE

DANIEL J BERRY MDTRUSTEE

About this charity

Recognized since: January 1957
Location: 9400 W Higgins Road 320, Rosemont, IL 60018
County: Cook
In care of: Andrew N Pollak MD
Primary officer: Andrew N Pollak MD, Treasurer

How to reach them

WebsiteVisit the charity’s website Emailinfo@oref.org Phone(847) 430-5101

Filing and classification

Latest tax year: 2024
Tax period began: July 1, 2024
Return type: 990
Tax preparer: DESMOND & AHERN LTD
NTEE classification: Medical Research (H500)
Grant-giving organization: Yes