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Nonprofit · EIN 22-2691757

PHILADELPHIA COLLEGE OF OSTEOPATHIC MEDICINE FOUNDATION

Tax-exempt · PHILADELPHIA, PA 19131

Financials

$5.3M$13.1M2022$22.6M$14.5M2023$35M$16M2024
Revenue Expenses · by fiscal year end
Financials of PHILADELPHIA COLLEGE OF OSTEOPATHIC MEDICINE FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$35,022,022$15,959,673$19,062,349$662,452,118$2,105,755$660,346,363
June 30, 2024990$22,551,735$14,502,654$8,049,081$611,334,916$99,628$611,235,288
June 30, 2023990$5,302,744$13,090,087-$7,787,343$570,849,232$857,672$569,991,560
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$4,226,373
Program service revenue
$0
Investment income
$30,729,910
Net gain from sales of assets
$21,199,239
Net income from fundraising events
$65,739
Other revenue
$65,739

Expenses

Grants and similar amounts paid
$11,414,582
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$668,038
Occupancy
$26,202
Travel
$23,925
Program services (functional)
$11,553,156
Management and general (functional)
$3,657,899
Fundraising (functional)
$748,618

Balance sheet and other

Total assets, start of year
$611,334,916
Total assets, end of year
$662,452,118
Total liabilities, end of year
$2,105,755
Net assets, end of year
$660,346,363
Publicly traded securities
$87,769,718
Net assets without donor restrictions
$609,399,841
Net assets with donor restrictions
$50,946,522
Gross unrelated business income
$171,711
Gross receipts
$159,467,190
Employees
0
Volunteers
15
Year formed
1986
State of legal domicile
PA

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended June 30, 2025, highest compensation first.

NameTitleHours / weekCompensationFrom related orgsOther / benefits
JAY S FELDSTEIN DOPRESIDENT & CEO
Trustee or director, Officer
3$0$1,207,381$65,009
KENNETH J VEIT DOPROVOST, SVP ACADEMIC AFFAIRS, DEAN
Trustee or director, Officer
3$0$781,333$70,569
PETER DOULIS UNTIL 062024FORMER VP FINANCE/CFO
Former
0$0$567,392$84,415
DAVID SIMON UNTIL 062024FORMER CHIEF LEGAL AFFAIRS OFFICER
Former
0$0$522,855$72,807
CARRIE COLLINSCHIEF ADVANCEMENT AND STRATEGIC PLANNING OFFICER
Officer
27$0$417,335$77,775
DALLAS A GRUNDY UNTIL 0925VP OF FINANCE & ADMINISTRATION
Officer
3$0$359,859$77,176
MARCINE PICKRON-DAVISCHIEF CAMPUS & COMM. PARTNERSHIP OFF
Officer
2$0$310,067$36,204
MINDY GEORGE-WEINSTEIN PHDTRUSTEE/FACULTY REPRESENTATIVE
Trustee or director
0$0$209,873$59,990
LYNN KUSHSECRETARY
Officer
2$0$106,148$38,789
THOMAS J GRAVINACHAIRMAN OF THE BOARD
Trustee or director, Officer
2$0$0$0
JOHN B BULGER DOVICE CHAIRMAN
Trustee or director, Officer
1$0$0$0
A SCOTT MCNEAL DOVICE CHAIRMAN
Trustee or director, Officer
1$0$0$0
GENE CHAIKEN AS OF 0325VICE CHAIRMAN
Trustee or director, Officer
1$0$0$0
WILLIAM B SWALLOW DOTRUSTEE/ALUMNI REPRESENTATIVE
Trustee or director
1$0$0$0
JOHN P KEARNEYTRUSTEE
Trustee or director
1$0$0$0
10 more people on this return
NameTitleHours / weekCompensation
MATTHEW O ELKES UNTIL 1224TRUSTEE
Trustee or director
1$0
THELMA DYE-HOLMES PHDTRUSTEE
Trustee or director
1$0
JOSEPH A DIETERLE DOTRUSTEE (UNTIL 12/24)
Trustee or director
1$0
VINCENT LOBO DOTRUSTEE
Trustee or director
1$0
R DAVID MCCLESKEYTRUSTEE
Trustee or director
1$0
WAYNE T SIKES UNTIL 0625TRUSTEE
Trustee or director
1$0
VIRGINIA A STALLINGS MDTRUSTEE
Trustee or director
1$0
TIMOTHY P BURGESS UNTIL 1125TRUSTEE
Trustee or director
1$0
MICHAEL PARKERSON AS OF 0125CHIEF GOV'T & EXTERNAL RELATIONS OFFICER
Officer
0$0
DANIELLE MCNICHOL AS OF 0125CHIEF LEGAL AFFAIRS AND COMPLIANCE OFF.
Officer
3$0
990 for the year ended June 30, 2024: 24 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
JAY S FELDSTEIN DOPRESIDENT & CEO
Trustee or director, Officer
3$0$1,223,172$62,212
KENNETH J VEIT DOPROVOST, SVP ACADEMIC AFFAIRS, DEAN
Trustee or director, Officer
3$0$807,335$67,492
PETER DOULIS UNTIL 062024VP FINANCE/CFO
Officer
3$0$620,763$80,626
DAVID SIMON UNTIL 062024CHIEF LEGAL AFFAIRS OFFICER
Officer
3$0$491,357$69,615
CARRIE COLLINSCHIEF ADVANCEMENT AND STRATEGIC PLANNING OFFICER
Officer
27$0$425,131$60,479
MARCINE PICKRON-DAVISCHIEF DIVERSITY OFFICER
Officer
2$0$311,804$35,479
MINDY GEORGE-WEINSTEIN PHDTRUSTEE/FACULTY REPRESENTATIVE
Trustee or director
0$0$216,473$59,667
LYNN KUSHSECRETARY
Officer
2$0$99,096$36,638
THOMAS J GRAVINACHAIRMAN OF THE BOARD
Trustee or director, Officer
2$0$0$0
JOHN B BULGER DOVICE CHAIRMAN
Trustee or director, Officer
1$0$0$0
A SCOTT MCNEAL DOVICE CHAIRMAN
Trustee or director, Officer
1$0$0$0
JEREL A HOPKINS ESQVICE CHAIRMAN
Trustee or director, Officer
1$0$0$0
WILLIAM B SWALLOW DOTRUSTEE/ALUMNI REPRESENTATIVE
Trustee or director
1$0$0$0
JOHN P KEARNEYTRUSTEE
Trustee or director
1$0$0$0
MATTHEW O ELKESTRUSTEE
Trustee or director
1$0$0$0
THELMA DYE-HOLMES PHDTRUSTEE
Trustee or director
1$0$0$0
JOSEPH A DIETERLE DOTRUSTEE
Trustee or director
1$0$0$0
VINCENT LOBO DOTRUSTEE
Trustee or director
1$0$0$0
R DAVID MCCLESKEYTRUSTEE
Trustee or director
1$0$0$0
JAMES H BLACK DOTRUSTEE
Trustee or director
1$0$0$0
WAYNE T SIKESTRUSTEE
Trustee or director
1$0$0$0
VIRGINIA A STALLINGS MDTRUSTEE
Trustee or director
1$0$0$0
TIMOTHY P BURGESSTRUSTEE
Trustee or director
1$0$0$0
DALLAS A GRUNDY AS OF 0324VP OF FINANCE & ADMINISTRATION
Officer
3$0$0$0
990 for the year ended June 30, 2023: 24 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
JAY S FELDSTEIN DOPRESIDENT & CEO
Trustee or director, Officer
3$0$1,217,597$58,027
KENNETH J VEIT DOPROVOST, SVP ACADEMIC AFFAIRS, DEAN
Trustee or director, Officer
3$0$791,769$63,130
PETER DOULISVP FINANCE/CFO
Officer
3$0$601,820$75,638
DAVID SIMONCHIEF LEGAL AFFAIRS OFFICER
Officer
3$0$458,387$65,107
CARRIE COLLINSCHIEF ADVANCEMENT AND STRATEGIC PLANNING OFFICER
Officer
27$0$343,671$58,595
MARLA D GOLDEN DO MSTRUSTEE/FACULTY REPRESENTATIVE
Trustee or director
0$0$270,511$62,830
MARCINE PICKRON-DAVISCHIEF DIVERSITY OFFICER
Officer
2$0$297,454$34,822
LYNN KUSHSECRETARY
Officer
2$0$88,867$34,275
THOMAS J GRAVINACHAIRMAN OF THE BOARD
Trustee or director, Officer
2$0$0$0
JOHN B BULGER DOVICE CHAIRMAN
Trustee or director, Officer
1$0$0$0
A SCOTT MCNEAL DOVICE CHAIRMAN
Trustee or director, Officer
1$0$0$0
JEREL A HOPKINS ESQVICE CHAIRMAN
Trustee or director, Officer
1$0$0$0
JOHN P KEARNEYTRUSTEE
Trustee or director
1$0$0$0
MATTHEW O ELKESTRUSTEE
Trustee or director
1$0$0$0
THELMA DYE-HOLMES PHDTRUSTEE
Trustee or director
1$0$0$0
JOSEPH A DIETERLE DOTRUSTEE
Trustee or director
1$0$0$0
VINCENT LOBO DOTRUSTEE
Trustee or director
1$0$0$0
R DAVID MCCLESKEYTRUSTEE
Trustee or director
1$0$0$0
DANA C SHAFFER DOTRUSTEE
Trustee or director
1$0$0$0
JAMES H BLACK DOTRUSTEE
Trustee or director
1$0$0$0
WAYNE T SIKESTRUSTEE
Trustee or director
1$0$0$0
VIRGINIA A STALLINGS MDTRUSTEE
Trustee or director
1$0$0$0
TIMOTHY BURGESSTRUSTEE
Trustee or director
1$0$0$0
JULIE FOXTRUSTEE (UNTIL 11/22)
Trustee or director
1$0$0$0

Address and contacts

Address (IRS master file)
4190 CITY AVENUE, PHILADELPHIA, PA 19131-1626
In care of
% MANAGEMENT
Principal officer (990 for 2024)
JAY S FELDSTEIN, 4190 CITY AVENUE, PHILADELPHIA, PA 19131
Signed the 990
ANDREW C MUELLER, INTERIM CFO/CONTROLLER
Phone
(215) 871-6900
Return prepared by
CLIFTONLARSONALLEN LLP

Mission

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.

990 for the year ended June 30, 2025

Program accomplishments

  • SCHOLARSHIPS AND AWARDS ARE AWARDED TO MEDICAL STUDENTS AND OTHER GRADUATE PROGRAM STUDENTS.
    Expenses $11,553,156 · grants $11,414,582

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
22-2691757
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1986
Accounting year ends
June
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B110)
Assets (IRS master file)
$662,452,118
Income (IRS master file)
$159,467,190

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$35,022,022$15,959,673$662,452,118IRS
990-TJune 2025–––IRS
990June 2024$22,551,735$14,502,654$611,334,916IRS
990-TJune 2024–––IRS
990June 2023$5,302,744$13,090,087$570,849,232XML
990-TJune 2023–––IRS
990June 2022$21,603,845$12,620,057$537,423,660IRS
990-TJune 2022–––IRS
990June 2021–––IRS
990-TJune 2021–––IRS
990June 2020–––IRS
990June 2019–––IRS
990June 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 22-2691757).

Questions about PHILADELPHIA COLLEGE OF OSTEOPATHIC MEDICINE FOUNDATION

What is the EIN of PHILADELPHIA COLLEGE OF OSTEOPATHIC MEDICINE FOUNDATION?
The employer identification number (EIN) of PHILADELPHIA COLLEGE OF OSTEOPATHIC MEDICINE FOUNDATION is 22-2691757.
Is PHILADELPHIA COLLEGE OF OSTEOPATHIC MEDICINE FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1986.
Are donations to PHILADELPHIA COLLEGE OF OSTEOPATHIC MEDICINE FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does PHILADELPHIA COLLEGE OF OSTEOPATHIC MEDICINE FOUNDATION file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of PHILADELPHIA COLLEGE OF OSTEOPATHIC MEDICINE FOUNDATION due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did PHILADELPHIA COLLEGE OF OSTEOPATHIC MEDICINE FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of PHILADELPHIA COLLEGE OF OSTEOPATHIC MEDICINE FOUNDATION?
The 990 for the year ended June 30, 2025 names JAY S FELDSTEIN.
Who are the officers and directors of PHILADELPHIA COLLEGE OF OSTEOPATHIC MEDICINE FOUNDATION?
The 990 for the year ended June 30, 2025 lists 25 people; 0 received compensation from the organization.
How much revenue does PHILADELPHIA COLLEGE OF OSTEOPATHIC MEDICINE FOUNDATION have?
On its 990 for the year ended June 30, 2025 it reported revenue of $35,022,022, expenses of $15,959,673 and total assets of $662,452,118 at year end.

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