Campbell Foundation
- Assets
- $12.5m
- Revenue
- $3.3m
- Investments
- $10.4m
- Employees
- 25
- Location
- Germantown, TN
- Founding
- 06/1947
- Data as of
- 12/2023
- EIN
- 62-0548038
Organization Overview
Campbell Foundation is located in Germantown, TN. The organization was established in 1947. According to its NTEE Classification (N20) the organization is classified as: Camps, under the broad grouping of Recreation & Sports and related organizations. As of 12/2023, Campbell Foundation employed 25 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Campbell 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 12/2023, Campbell Foundation generated $3.3m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 4.4% each year. All expenses for the organization totaled $3.3m during the year ending 12/2023. While expenses have increased by 7.6% per year over the past 9 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION IS TO ENHANCE THE QUALITY OF LIFE THROUGH THE SCIENCE OF ORTHOPAEDIC MEDICINE WITH A STRONG COMMITMENT TO SURGEON EDUCATION, ORTHOPAEDIC RESEARCH, AND COMMUNITY HEALTHCARE. THE CAMPBELL FOUNDATION PROVIDES A RESIDENCY AND FELLOWSHIP TRAINING PROGRAM FOR DOCTORS SPECIALIZING IN ORTHOPAEDIC SURGERY, CONDUCTS PROMISING RESEARCH TO DISCOVER NEW TREATMENTS AND THERAPIES FOR ORTHOPAEDIC CONDITIONS, AND PUBLISHES ARTICLES IN NATIONAL AND INTERNATIONAL JOURNALS AS WELL AS CHAPTERS FOR ORTHOPAEDIC TEXTBOOKS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE CAMPBELL FOUNDATION MEDICAL EDUCATION PROGRAM PROVIDES ACADEMIC AND RESEARCH SUPPORT (BOOKS AND SUBSCRIPTIONS, TRAINING, TRAVEL, CREDENTIALING, LICENSURE, WEEKLY CONFERENCES, RESEARCH AND OTHER SUPPORT) FOR 40 RESIDENTS; SALARY AND BENEFITS, ALONG WITH ACADEMIC AND RESEARCH SUPPORT (BOOKS, TRAVEL, CREDENTIALING, LICENSURE, WEEKLY CONFERENCES, RESEARCH AND OTHER SUPPORT) FOR 6 FELLOWS. ACADEMIC LECTURES, SURGICAL LABS AND TRAINING PROGRAMS ARE PROVIDED TO RESIDENTS, FELLOWS AND PRACTICING PHYSICIANS IN ADDITION TO ORTHOPAEDIC HEALTHCARE PROFESSIONALS.ORTHOPAEDIC CLINICAL RESEARCH SUPPORT IS PROVIDED THROUGH SCIENTIFIC LABORATORIES, STATISTICAL AND DATA SUPPORT, INSTITUTIONAL COLLABORATION, SUBJECT ENROLLMENT, RESEARCH SUPPLIES AND ASSISTANCE FROM SCIENTISTS, LABORATORY TECHNICIANS AND OTHER STAFF. BEST PRACTICES, TECHNIQUES AND RESEARCH FINDINGS ARE DISSEMINATED THROUGH PEER-REVIEWED JOURNAL ARTICLES, PROFESSIONAL SOCIETY PRESENTATIONS, ACADEMIC TEXTBOOK CHAPTERS AND ORIGINAL ARTICLES.IN ADDITION, THE PROGRAM IS ASSISTED BY PROGRAM COORDINATORS, MEDICAL WRITERS, GRAPHIC DESIGN ASSISTANTS, MEDICAL LIBRARIAN AND OTHER ADMINISTRATIVE ASSISTANTS. COMMUNITY HEALTHCARE PROGRAMS DELIVER COMPREHENSIVE ORTHOPAEDIC CARE, EDUCATION AND SERVICES TO HIGH-RISK, HIGH-NEED ADULT AND PEDIATRIC PATIENTS IN THE GREATER MEMPHIS REGION AND LOCATIONS AROUND THE WORLD.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Gary E Stavrum Chairman | OfficerTrustee | 1 | $0 |
Dr Frederick M Azar Chief Staff Officer | OfficerTrustee | 1 | $0 |
Dr G Andrew Murphy Development Chair | OfficerTrustee | 1 | $0 |
Kelly P Luttrell Finance Chair/treasurer | OfficerTrustee | 1 | $0 |
Dr S Terry Canale President (until 8/23) | OfficerTrustee | 1 | $0 |
Barbara Williamson Trustee | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $345,155 |
| Related organizations | $0 |
| Government grants | $10,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,694,988 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,050,143 |
| Total Program Service Revenue | $0 |
| Investment income | $248,652 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $9,324 |
| Net Gain/Loss on Asset Sales | $19,990 |
| Net Income from Fundraising Events | -$77,598 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,250,511 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $172,704 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,049,835 |
| Pension plan accruals and contributions | $78,824 |
| Other employee benefits | $72,938 |
| Payroll taxes | $93,026 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $29,073 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $75,488 |
| Fees for services: Other | $45,442 |
| Advertising and promotion | $0 |
| Office expenses | $5,361 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $63,749 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $12,665 |
| Insurance | $78,610 |
| All other expenses | $220,742 |
| Total functional expenses | $3,289,429 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,386,619 |
| Savings and temporary cash investments | $388,261 |
| Pledges and grants receivable | $153,200 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $16,248 |
| Net Land, buildings, and equipment | $162,494 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $10,386,574 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $12,493,396 |
| Accounts payable and accrued expenses | $130,141 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $66,453 |
| Total liabilities | $196,594 |
| Net assets without donor restrictions | $8,524,757 |
| Net assets with donor restrictions | $3,772,045 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $12,493,396 |