Northwest Osteopathic Medical Foundation

Organization Overview

Northwest Osteopathic Medical Foundation is located in Canby, OR. The organization was established in 1985. According to its NTEE Classification (E12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Health Care and related organizations. As of 12/2021, Northwest Osteopathic Medical Foundation employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Northwest Osteopathic Medical 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, Northwest Osteopathic Medical Foundation generated $668.3k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.0% each year. All expenses for the organization totaled $390.9k during the year ending 12/2021. While expenses have increased by 0.7% per year over the past 7 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

IMPROVE THE HEALTH OF THE COMMUNITY AND PROMOTE THE UNDERSTANDING OF OSTEOPATHIC MEDICINE

Describe the Organization's Program Activity:

Part 3 - Line 4a

OSTEOPATHIC MEDICAL SCHOOL SCHOLARSHIPS: TUITION ASSISTANCE SCHOLARSHIPS ARE PROVIDED TO STUDENTS FROM THE NORTHWEST FOR THEIR SECOND, THIRD AND FOURTH YEAR OF OSTEOPATHIC MEDICAL SCHOOL.


GENERAL OSTEOPATHIC PROGRAM ACTIVITIES INCLUDING PROVIDING EDUCATIONAL GRANTS TO STATE ASSOCIATIONS


OSTEOPATHIC EDUCATIONAL AND SOCIAL PROGRAMS: OSTEOPATHIC MEDICAL STUDENTS AND RESIDENTS IN THE NORTHWEST NEED OPPORTUNITIES TO INTERACT WITH EACH OTHER AND CURRENTLY PRACTICING DOS TO FORM PROFESSIONAL AND SOCIAL RELATIONSHIPS. OVER 80% OF PHYSICIANS COMPLETING A RESIDENCY WILL BEGIN PRACTICE WITHIN 150 MILES OF THEIR RESIDENCY. COMPETITION TO GET AND KEEP RESIDENTS IN LOCAL COMMUNITIES IS GREAT.


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Board, Officers & Key Employees

Name (title)Compensation
David Tate
Executive Dir.
$114,107
Pamela Shaw
Treasurer
$0
Marc Cote DO
Past President
$0
Katina Rue
President
$0
Lisa Watts
President Elect
$0
Doug Woernrer
Board Member
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$2,890
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$30,053
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$32,943
Total Program Service Revenue$0
Investment income $118,551
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $516,803
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $668,297

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Northwest Osteopathic Medical Foundation has recieved totaling $10,000.

Awarding OrganizationAmount
Familycare Inc

Portland, OR

PURPOSE: EDUCATION GRANT

$10,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$306,340
Net Contributions$33,113
Grants$35,263
Ending Balance$304,190

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