2026-03-23T14:35:50-05:00 2025-06-30 363321958 Desmond & Ahern Ltd 10827 S Western Avenue Chicago IL 60643 990 2024-07-01 366009467 Orthopaedic Research and Education Foundation ORTH 8474305101 9400 W Higgins Road 320 Rosemont IL 60018 Andrew N Pollak MD Treasurer 8474305101 2026-03-23 1 1 Mel Padillo P03172019 7737794720 2026-03-23 2024 2025-03-06 01:10:19Z OREF Karen Hackett 9400 W Higgins Road 320 Rosemont IL 60018 7331090 0 X www.oref.org X 1955 IL Improving lives by supporting excellence in orthopaedic research. 17 17 15 100 0 0 3251613 4118643 0 0 1004153 552426 0 0 4255766 4671069 1321355 3092451 0 0 2285758 2255559 0 0 756053 1631072 823527 5238185 6171537 -982419 -1500468 21495900 20002839 4459455 3274136 17036445 16728703 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 4941000 3092451 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. 4941000 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 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 1 14 0 1 15 1 0 0 0 0 0 0 0 0 0 0 0 0 X 17 17 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 Rhonda Dirr and Lee Grossman 8476989980 9400 W Higgins Road Rosemont IL 60018 Joshua J Jacobs MD President 5.00 X X 0 0 0 Thomas P Sculco MD Past President 5.00 X X 0 0 0 Richard F Kyle MD Past President 5.00 X X 0 0 0 Andrew N Pollak MD President Elect 5.00 X X 0 0 0 James R Ficke MD 2nd President Elect 5.00 X X 0 0 0 Karen L Hackett Secretary / Treasurer 5.00 X X 0 0 0 Francis Y Lee MD PhD Chair RGC 5.00 X X 0 0 0 Jeffrey S Abrams MD Chair, Innovations & Partn 5.00 X X 0 0 0 Richard F Santore MD Chair-Individual Developme 5.00 X X 0 0 0 Jeremie M Axe MD Trustee 5.00 X 0 0 0 Nicholas M Bernthal MD Trustee 5.00 X 0 0 0 Daniel J Berry MD Trustee 5.00 X 0 0 0 Michael P Bolognesi MD Trustee 5.00 X 0 0 0 John D Kelly IV MD Trustee 5.00 X 0 0 0 David C Templeman MD Trustee 5.00 X 0 0 0 Ivan Tormos Trustee 5.00 X 0 0 0 Stuart Weinstein MD Trustee 5.00 X 0 0 0 Rhonda Dirr Executive Director 40.00 X 116041 0 23420 Lee Grossman CEO 40.00 X 308549 0 60547 Dan Krupp Corporate Relations/Innova 40.00 X 153497 0 44193 Deborah Cummins VP of Research and Grants 40.00 X 150845 0 46792 Carmen Metoyer VP of Development 40.00 X 105098 0 13867 Karen Pubentz Sr. Director of Communicat 40.00 X 148566 0 26553 John Johnson Campaigns Director 1.00 X 134357 0 13234 1116953 0 228606 7 0 1 0 0 4118643 277662 4118643 456173 456173 2756274 2660021 96253 96253 96253 4671069 0 0 552426 3072451 3072451 20000 20000 508557 319395 75482 113680 1288641 809320 191266 288055 85876 53934 12746 19196 253855 159432 37678 56745 118630 74505 17607 26518 6439 2904 2501 1034 60049 27083 23327 9639 38421 38421 30250 13643 11751 4856 144106 73538 1933 68635 39758 14706 11796 13256 167603 109161 23320 35122 80160 16853 16141 47166 29842 17201 3728 8913 140817 87757 53060 4160 2612 618 930 73229 61062 4856 7311 Dues and subscriptions 8668 5443 1288 1937 Miscellaneous 25 25 6171537 4941000 474484 756053 77117 182576 361086 359439 624017 479758 75808 45129 181754 181754 4160 0 15624036 15538190 4729676 3397747 21495900 20002839 426555 497896 3384500 2120799 648400 655441 4459455 3274136 X -3363287 -4380164 20399732 21108867 17036445 16728703 21495900 20002839 X -1500468 1186928 5798 X X 0 1 X 1 0 X 2959720 3690278 3219832 3251613 4118643 17240086 2959720 3690278 3219832 3251613 4118643 17240086 2571388 14668698 389234 544505 324472 53072 552426 1863709 19103795 0.76780 0.81810 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1 X 12862845 619450 1417799 928085 13972009 11255229 605845 1396608 394833 12862845 10561394 44291 1160278 510734 11255229 13241439 6579 -2143996 542628 10561394 10199908 7026 3592759 558254 13241439 0 0 181754 181754 0 0 Charitable Remainder Trust Receivable 1554767 Cash Surrender Value of Life Insurance 1745679 Other receivables 12584 Right Of Use - Lease Assets 84717 3397747 Due to Orthopaedic Partners 569783 Lease Liability ST 85658 655441 X 5979131 1186928 159555 1346483 4632648 38421 38421 4671069 5883359 -249757 -249757 6133116 38421 38421 6171537 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: FIN 48 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, 2025. Part XI, Line 2d - Other Adjustments: Change in cash surrender value of life insurance policies -152,320. Change in charitable remainder trust receivable 311,875. Part XII, Line 2d - Other Adjustments: Orthopaedic partner endowment distribution -201,757. Bad Debt Recoveries -48,000. 1 Scottish Rite for Children 2222 Welborn St Dallas TX 75219 750818178 49999 0 Establishing a RTP test battery for patients post shoulder stabilization The Regents of the University of California on Behalf of its Davis Campus Office of Sponsored Programs One Shields Ave Davis CA 95616 946036494 49908 0 CHAT-OA: Conversations in Health-Literacy using AI for Osteoarthritis Pts The University of Utah 155 S 1452 E INSCC Rm 480 Salt Lake City UT 841120190 876000525 49698 0 Synovial lining macrophages in OA: Defining their fate in obesity MAYO CLINIC ROCHESTER MN 200 First St SW Rochester MN 559050001 416011702 50000 0 How Many Dexamethasone Doses Should Be Given in TKA? - A Prospective RT Emory University 1599 Clifton Road NE 4th Floor Mailstop 1599-001-1BA Atlanta GA 30322 580566256 25000 0 Elucidating cancer resistance of naked mole rats The Hospital for Special Surgery 535 East 70th Street New York NY 10021 131624135 17810 0 Knee-Flexion Angle Effects on Joint Mechanics After Meniscus Root Repair University of Connecticut Health Center 263 Farmington Avenue Farmington CT 060305335 521725543 20000 0 Evaluation of Cartilage Integrative Healing in Osteochondral Allografts The Hospital for Special Surgery 535 East 70th Street New York NY 10021 131624135 20000 0 Characterizing the cellular composition of bone marrow aspirate concentrate Washington University in StLouis Campus Box 1054 One Brookings Drive St Louis MO 631304862 430653611 20000 0 Identification & Imaging of Skeletal Muscle Response to Graded Nerve Crush Washington University in StLouis Campus Box 1054 One Brookings Drive St Louis MO 631304862 430653611 20000 0 Mediators of the OA Cascade in the Pre-Arthritic Hip The Ohio State University 1960 Kenny Road Columbus OH 43210 316025986 20000 0 Transformative Solutions for Reducing Frequent 911 Fall Calls in the Homes The Regents of the University of California San Francisco UCSF Office of Sponsored Research 490 Illinois Street 4th Floor San Francisco CA 94143 946036493 20000 0 Addressing Cross-Cultural Adaptation of PROMs for Distal Radius Fractures Daniel Saris 1653 W Congress Parkway Chicago IL 60612 20000 0 Optimizing Patient Outcomes Following Osteochondral Allograft Transplantation - The Impact of 25 Years of Translational and Clinical Research MAYO CLINIC ROCHESTER MN 200 First St SW Rochester MN 559050001 416011702 300000 0 Evaluation of Phage Dosing for Periprosthetic Joint Infection Treatment The Hospital for Special Surgery 535 East 70th Street New York NY 10021 131624135 50000 0 The Role of Cellular Senescence in Joint Stiffness Scottish Rite for Children 2222 Welborn St Dallas TX 75219 750818178 149654 0 Understanding Factors Influencing Attrition in Orthopedic Surgical Training Ann & Robert H Lurie Children's Hospital of Chicago 225 E Chicago Box 205 Chicago IL 60611 362170833 20000 0 RED KARD: Reducing Disparities in Knee Arthroscopy for Adolescents MAYO CLINIC ROCHESTER MN 200 First St SW Rochester MN 559050001 416011702 10000 0 RECLAIM: Allogenic MSCs Facilitation of Autologous Cartilage Recycling, Our Multidisciplinary Moonshot to Innovate Patient Care by Leveraging MSC Function, The Bench-to-Bedside Journey Awards/Grants 1 20000 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 0 0 0 0 0 0 0 0 0 Lee Grossman CEO 308549 0 0 0 0 0 24914 0 35633 0 369096 0 0 0 Dan Krupp Corporate Relations/Innova 153497 0 0 0 0 0 8084 0 36109 0 197690 0 0 0 Deborah Cummins VP of Research and Grants 150845 0 0 0 0 0 12642 0 34150 0 197637 0 0 0 Karen Pubentz Sr. Director of Communicat 148566 0 0 0 0 0 6810 0 19743 0 175119 0 0 0 X 1258 277662 FMV 0 0 0 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 -201,757. Change in cash surrender value of life insurance policies -152,320. Change in charitable remainder trust receivable 311,875. Bad Debt Recovery 48,000. Form 990, Part XII, line 2c: The process has not changed from the prior year. 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