Osteopathic Heritage Foundation
- Assets
- $305.2m
- Revenue
- $37.5m
- Investments
- $296.4m
- Employees
- 0
- Location
- Dublin, OH
- Founding
- 03/2004
- Data as of
- 12/2021
- EIN
- 31-6056252
Organization Overview
Osteopathic Heritage Foundation is located in Dublin, OH. The organization was established in 2004. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Osteopathic Heritage Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Osteopathic Heritage Foundation generated $37.5m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 22.7% each year . All expenses for the organization totaled $7.6m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2017, Osteopathic Heritage Foundation has awarded 200 individual grants totaling $101,064,851. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ms Terri Donlin Huesman President/ceo | 40 | $357,673 | |
Susan Beaudry Vice President | 37.5 | $211,012 | |
Jeffrey Fortkamp Operations Officer | 37.5 | $120,851 | |
Erin Prescott Program Officer | 37.5 | $89,893 | |
Megan Wanczyk Director Of Programs | 37.5 | $67,692 | |
Robert A Palma DO Board Chairman | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Highland Consulting Associates | 12/30/21 | $294,948 |
London Co | 12/30/21 | $264,368 |
John Gerlach & Company Llp | 12/30/21 | $161,400 |
Barrow Hanley | 12/30/21 | $93,697 |
Pnc | 12/30/21 | $92,040 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $6,919,381 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $30,391,392 |
| Capital Gain Net Income | $30,391,392 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $170,701 |
| Total Revenue | $37,481,474 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $358,800 |
| Other employee salaries and wages | $542,994 |
| Pension plans, employee benefits | -$50,571 |
| Interest | $0 |
| Taxes | $254,870 |
| Depreciation | $20,588 |
| Occupancy | $78,810 |
| Travel, conferences, and meetings | $72,346 |
| Printing and publications | $5,576 |
| Other expenses | $224,889 |
| Total operating and administrative expenses | $2,662,814 |
| Contributions, gifts, grants paid | $4,923,241 |
| Total expenses and disbursements | $7,586,055 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,256,096 |
| Savings and temporary cash investments | $4,444,561 |
| Net Accounts receivable | $905,882 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $51,887 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $134,703,200 |
| Net Land, buildings, and equipment | $126,440 |
| Other assets | $334 |
| Total assets | $305,219,631 |
| Accounts payable and accrued expenses | $405,795 |
| Grants payable | $14,856,152 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $950,475 |
| Total liabilities | $16,212,422 |
Grants Awarded
Over the last fiscal year, Osteopathic Heritage Foundation has awarded $12,906,796 in support to 43 organizations.
| Grant Recipient | Amount |
|---|---|
OHIO UNIVERSITY PURPOSE: TO SUPPORT PROJECTS AND PROGRAMS DETERMINED TO BE OF SIGNIFICANT VALUE TO THE COMMUNITY-AT-LARGE AND OF THE HIGHEST PRIORITY TO THE FOUNDATION TO HELP ADVANCE THE HERITAGE COLLEGE TO NATIONAL PROMINENCE IN THE TRAINING OF PRIMARY CARE PHYSICIANS, FOCUSED RESEARCH AND SERVICE TO OHIO CITIZENS, ESPECIALLY THOSE WITHIN CENTRAL AND SOUTHEAST OHIO. | $7,400,000 |
MID-OHIO FOOD COLLECTIVE PURPOSE: TO LAUNCH THE MID-OHIO MARKET ON THE WEST SIDE OFFERING HEALTHY FOOD ACCESS AND HOLISTIC WRAP AROUND SERVICES. | $1,000,000 |
MID-OHIO FOOD COLLECTIVE PURPOSE: TO LAUNCH THE MID-OHIO MARKET ON THE WEST SIDE OFFERING HEALTHY FOOD ACCESS AND HOLISTIC WRAP AROUND SERVICES. | $1,000,000 |
Columbus, OH PURPOSE: TO SUPPORT EARLY CHILDHOOD EDUCATION PROVIDERS WITH CONTINUED CHALLENGES PRESENTED BY THE COVID-19 PANDEMIC. | $388,341 |
Grove City, OH PURPOSE: TO SUPPORT ORGANIZATION-WIDE IMPLEMENTATION OF A NEW ELECTRONIC HEALTH RECORD SYSTEM TO BETTER MEASURE CLIENT OUTCOMES. | $266,965 |
Columbus, OH PURPOSE: TO SUPPORT THE FAMILY AND CHILDREN'S PROGRAM, PROVIDING INCREASED ACADEMIC AND BEHAVIORAL HEALTH SUPPORT TO CHILDREN LIVING WITH PARENTS RECEIVING TREATMENT SERVICES. | $250,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Douglas & Maria Devos Foundation Grand Rapids, MI | $79,921,409 | $9,501,037 |
Lor Foundation Inc West Chester, PA | $352,392,197 | $12,888,892 |
Grable Foundation Pittsburgh, PA | $386,701,292 | $35,946,563 |
Connelly Foundation West Conshohocken, PA | $387,913,026 | $27,891,431 |
Fred F Silk Charitable Foundation Louisville, OH | $0 | $2,703,630 |
Jewish Foundation Of Cincinnati Cincinnati, OH | $344,322,004 | $65,111,190 |
Charles F Kettering Foundation Dayton, OH | $413,895,327 | $17,762,033 |
Jay And Jeanie Schottenstein Foundation Columbus, OH | $12,858,446 | $29,259,001 |
Susquehanna Foundation Bala Cynwyd, PA | $640,733,550 | $61,262,452 |
The Lozick Family Foundation Pepper Pike, OH | $264,438,182 | $44,457,050 |
Humana Foundation Inc Louisville, KY | $467,311,073 | $9,744,567 |
Dow Company Foundation Bay City, MI | $175,531,548 | $110,489,699 |