Is it real?
Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Mar 1944.
IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File
Where the money goes
69 cents of each dollar spent went to programs.
Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.
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Who runs it and what they're paid
12 people listed on the 990-T; $156K paid to officers and key staff.
Sherri L Wise’s $187K as President/CEO is at the 71st percentile of top reported officer pay among 733 $1–10M diseases & disorders nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.
Compensation history total reportable pay by year · 2 named individuals · Part VII
| Name | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|
| Sherri L Wise | $186,715 | $187,500 | $155,597 | $199,712 | $207,015 |
| Mousumi Som DO | — | — | — | $12,000 | $10,000 |
Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.
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Questions the 990 asks
The form asks each of these directly. These are the filed answers.
- Family or business ties among officersPt VI · Ln 2No
- Top official's pay set by an independent reviewPt VI · Ln 15aYes
Programs and updates
Supports osteopathic medical education to improve health and healthcare in Northeast Oklahoma.
Questions for Osteopathic Founders Foundation
Your first name shows with your question. Osteopathic Founders Foundation answers here, for everyone.
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As stated in the mission statement, support of osteopathic medical education is central to the foundation's investments. At the pre-doctoral level, two scholarships are awarded to osteopathic medical students based on academic achievement, professional ambassadorship, and community engagement.
Community grants are an important part of the work of the osteopathic founders foundation. Since the sale of our hospital in 1996, the foundation's trustees have focused on utilizing our resources in a manner consistent with the founder's original intent.
Heart disease is the leading cause of death for men and women of most racial and ethnic groups in the united states. In the us, someone will suffer a heart attack every 40 seconds. Annually, more than 805,000 people in this county have a heart attack with more than 600,000 of those being a first heart attack.
Funders
Who pays for it.
From grant filings on record. Receipts are incomplete: individual donors are never listed.
Grants
By the numbers
The FY2022 990-T, line by line.
Download 990
Filing history
| Year | Money in | Money out | In minus out | Net assets | Download |
|---|---|---|---|---|---|
| FY2024 Latest | $2.0M | $1.1M | $846K | $24.7M | 990 PDF |
| FY2023 | $948K | $1.3M | −$400K | $22.5M | 990 PDF |
| FY2022 Viewing | $1.4M | $935K | $499K | $20.7M | 990 PDF |
| FY2021 | $2.7M | $943K | $1.8M | $24.2M | 990 PDF |
| FY2020 | $700K | $819K | −$119K | $21.2M | 990 PDF |
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Schedules filed Part IV
Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File
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