Form990-PF
Click to see attachment

Department of the Treasury
Internal Revenue Service
Return of Private Foundation
or Section 4947(a)(1) Nonexempt Charitable Trust
Treated as a Private Foundation
Note. The foundation may be able to use a copy of this return to satisfy state reporting requirements.
OMB No. 1545-0052
2011
For calendar year 2011, or tax year beginning 01-01-2011 , and ending 12-31-2011
G
Check all that apply:
Name of foundation
THE FELLOWSHIP OF ORTHOPEADIC
RESEARCHERS

Number and street (or P.O. box number if mail is not delivered to street address)320 HAMMOND HIGHWAY   Room/suite
City or town, state, and ZIP code
METAIRIE, LA70005
A Employer identification number

64-0920136
B Telephone number (see page 10 of the instructions)

(504) 309-9845
C bullet
D 1. bullet
H Check type of organization:
2. bullet
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)bullet$2,725,299J Accounting method:
 
(Part I, column (d) must be on cash basis.)
E bullet
F bullet
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see page 11 of the instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule) 969,000
2 Check bullet
3 Interest on savings and temporary cash investments 2,771 2,771 2,771
4 Dividends and interest from securities...... 45,214 45,214 45,214
5a Gross rents..............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 -61,012
b Gross sales price for all assets on line 6a 1,765,195
7 Capital gain net income (from Part IV, line 2)...  
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment 284,561   284,561
12 Total. Add lines 1 through 11........ 1,240,534 47,985 332,546
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 269,357 6,467 6,467 262,890
14 Other employee salaries and wages...... 273,324   63,201 210,123
15 Pension plans, employee benefits....... 21,342 24 7,001 14,341
16a Legal fees (attach schedule)......... Click to see attachment 76,808   407 76,401
b Accounting fees (attach schedule)....... Click to see attachment 18,530 9,265 11,581 6,949
c Other professional fees (attach schedule).... Click to see attachment 50,836 9,420 14,810 36,026
17 Interest...............        
18 Taxes (attach schedule) (see page 14 of the instructions) Click to see attachment 36,742 364 4,715 31,841
19 Depreciation (attach schedule) and depletion... Click to see attachment 58,864   14,721
20 Occupancy.............. 42,454 4,245 4,245 38,209
21 Travel, conferences, and meetings....... 28,073   7,592 20,481
22 Printing and publications.......... 374   94 280
23 Other expenses (attach schedule)....... Click to see list of attachments 404,719 1,351 91,484 313,235
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 1,281,423 31,136 226,318 1,010,776
25 Contributions, gifts, grants paid........ 0 0
26 Total expenses and disbursements. Add lines 24 and 25 1,281,423 31,136 226,318 1,010,776
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -40,889
b Net investment income (if negative, enter -0-) 16,849
c Adjusted net income (if negative, enter -0-)... 106,228
For Privacy Act and Paperwork Reduction Act Notice, see page 30 of the instructions.
Cat. No. 11289X Form 990-PF (2011)
Form 990-PF (2011)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.)		 Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing............... 975,134 378,717 378,717
2 Savings and temporary cash investments.......... 378,963 2,129,171 2,129,171
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see page 15 of the
instructions)....................      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use...............      
9 Prepaid expenses and deferred charges...........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)........      
c Investments—corporate bonds (attach schedule)........      
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans..............      
13 Investments—other (attach schedule)........... 1,168,634    
14 Land, buildings, and equipment: basis bullet536,019
Less: accumulated depreciation (attach schedule) bullet318,608 238,897 Click to see attachment217,411 217,411
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 2,761,628 2,725,299 2,725,299
Liabilities 17 Accounts payable and accrued expenses.......... 6,170 14,936
18 Grants payable...................    
19 Deferred revenue..................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22).......... 6,170 14,936
Net Assets or Fund Balances bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted.................... 2,755,458 2,710,363
25 Temporarily restricted................    
26 Permanently restricted................    
bullet
and complete lines 27 through 31.
27 Capital stock, trust principal, or current funds.........    
28 Paid-in or capital surplus, or land, bldg., and equipment fund    
29 Retained earnings, accumulated income, endowment, or other funds    
30 Total net assets or fund balances (see page 17 of the
instructions).................... 2,755,458 2,710,363
31 Total liabilities and net assets/fund balances (see page 17 of
the instructions).................. 2,761,628 2,725,299
Part III Analysis of Changes in Net Assets or Fund Balances
1 Total net assets or fund balances at beginning of year—Part II, column (a), line 30 (must agree
with end-of-year figure reported on prior year’s return)............... 1 2,755,458
2 Enter amount from Part I, line 27a..................... 2 -40,889
3 Other increases not included in line 2 (itemize) bullet 3  
4 Add lines 1, 2, and 3.......................... 4 2,714,569
5 Decreases not included in line 2 (itemize) bulletClick to see attachment 5 4,206
6 Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30. 6 2,710,363
Form 990-PF (2011)
Form 990-PF (2011)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.) 		(b) How acquired
P—Purchase
D—Donation 		(c) Date acquired
(mo., day, yr.) 		(d) Date sold
(mo., day, yr.)
1a
b
c
d
e
(e) Gross sales price (f) Depreciation allowed
(or allowable) 		(g) Cost or other basis
plus expense of sale 		(h) Gain or (loss)
(e) plus (f) minus (g)
a
b
c
d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l) Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i) F.M.V. as of 12/31/69 (j) Adjusted basis
as of 12/31/69 		(k) Excess of col. (i)
over col. (j), if any
a
b
c
d
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 -61,012
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see pages 13 and 17 of the instructions).
If (loss), enter -0- in Part I, line 8 . . . . . . . . . . . . . 		Bracket 3 -61,012
Part V
Qualification Under Section 4940(e) for Reduced Tax on Net Investment Income
(For optional use by domestic private foundations subject to the section 4940(a) tax on net investment income.)

If section 4940(d)(2) applies, leave this part blank.
Was the foundation liable for the section 4942 tax on the distributable amount of any year in the base period?
If “Yes,” the foundation does not qualify under section 4940(e). Do not complete this part.
1 Enter the appropriate amount in each column for each year; see page 18 of the instructions before making any entries.
(a)
Base period years Calendar
year (or tax year beginning in) 		(b)
Adjusted qualifying distributions 		(c)
Net value of noncharitable-use assets 		(d)
Distribution ratio
(col. (b) divided by col. (c))
2010 1,335,600 2,333,665 0.57232
2009 875,961 1,600,707 0.54723
2008 775,243 864,220 0.89704
2007 550,309 356,848 1.54214
2006 346,782 327,317 1.05947
2 Total of line 1, column (d) ...................... 2 4.61820
3 Average distribution ratio for the 5-year base period—divide the total on line 2 by 5, or by
the number of years the foundation has been in existence if less than 5 years. . . 		3 0.92364
4 Enter the net value of noncharitable-use assets for 2011 from Part X, line 5..... 4 2,407,556
5 Multiply line 4 by line 3....................... 5 2,223,717
6 Enter 1% of net investment income (1% of Part I, line 27b)........... 6 168
7 Add lines 5 and 6......................... 7 2,223,885
8 Enter qualifying distributions from Part XII, line 4.............. 8 1,048,153
If line 8 is equal to or greater than line 7, check the box in Part VI, line 1b, and complete that part using a 1% tax rate. See
the Part VI instructions on page 18.
Form 990-PF (2011)
Form 990-PF (2011)
Page 4
Part VI
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see page 18 of the instructions)
1a Bulletand enter “N/A” on line 1. Bracket
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b 1 337
hereBulletand enter 1% of Part I, line 27b...................
c All other domestic foundations enter 2% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2  
3 Add lines 1 and 2............................ 3 337
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-). 4  
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 337
6 Credits/Payments:
a 2011 estimated tax payments and 2010 overpayment credited to 2011 6a  
b Exempt foreign organizations—tax withheld at source....... 6b
c Tax paid with application for extension of time to file (Form 8868) 6c 337
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 337
8 Enter any penalty for underpayment of estimated tax. if Form 2220 is attached. 8  
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10  
11 Enter the amount of line 10 to be: Credited to 2012 estimated taxBullet   Refunded Bullet 11  
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes (see page 19 of
the instructions for definition)?............................
1b
 
No
If the answer is “Yes” to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$   (2) On foundation managers.bullet$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If “Yes,” attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If “Yes,” attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If “Yes,” has it filed a tax return on Form 990-T for this year?...................
4b
 
No
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If “Yes,” attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If “Yes,” complete Part II, col. (c), and Part XV.
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see page 19 of the
    instructions)bulletLA
    b
    If the answer is “Yes” to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If “No,” attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2011 or the taxable year beginning in 2011 (see instructions for Part XIV on
    page 27)? If “Yes,” complete Part XIV..........................
    9
    Yes
     
    10
    Did any persons become substantial contributors during the tax year? If “Yes,” attach a schedule listing their names and addresses.Click to see attachment
    10
    Yes
     
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. (see page 20 of the instructions) .......
    11
     
    No
    12
    Did the foundation acquire a direct or indirect interest in any applicable insurance contract before August 17, 2008?
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletwww.forbones.org
    14
    The books are in care ofbulletSTEPHEN COOK MD Telephone no.bullet (504) 309-9845
    Located atbullet320 HAMMOND HIGHWAY STE 403METAIRIELA ZIP+4bullet70005
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041.........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ......bullet
    15  
    16
    At any time during calendar year 2011, did the foundation have an interest in or a signature or other authority over
    a bank, securities, or other financial account in a foreign country? .................
    16
     
    No
    See page 20 of the instructions for exceptions and filing requirements for Form TD F 90-22.1. If "Yes", enter the name of the foreign country bullet  
    Form 990-PF (2011)
    Form 990-PF (2011)
    Page 5
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the “Yes” column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?.........................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?.................
    (6) Agree to pay money or property to a government official? (Exception. Check “No”
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).........
    b
    If any answer is “Yes” to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance (see page 20 of the instructions)?...
    1b
     
    No
    .........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2011?.............
    1c
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2011, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2011?...............
    If “Yes,” list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer “No” and attach statement—see page 20 of the instructions.) .........
    2b
     
    No
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business
    enterprise at any time during the year?.....................
    b
    If “Yes,” did it have excess business holdings in 2011 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2011.)....................
    3b
     
    No
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2011?
    4b
     
    No
    5a
    During the year did the foundation pay or incur any amount to:
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?...............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 509(a)(1), (2), or (3), or section 4940(d)(2)? (see page 22 of the instructions)...
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?........
    b
    If any answer is “Yes” to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance (see page 22 of the instructions)?
    5b
     
    No
    .........bullet
    c
    If the answer is “Yes” to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?............
    If “Yes,” attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay
    premiums on a personal benefit contract?....................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract?....
    6b
     
    No
    If “Yes” to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If yes, did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
    No
    Form 990-PF (2011)
    Form 990-PF (2011)
    Page 6
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation (see page 22 of the instructions).
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to
    employee benefit plans
    and deferred compensation     		(e) Expense account,
    other allowances
    JEROME J KLAWITTER Director
    0.00     		0    
    3 HUMBOLDT LANE
    AUSTIN,TX78746
    STEPHEN D COOK MD Director
    40.00     		150,250 11,131  
    1321 LARK STREET
    NEW ORLEANS,LA70122
    SAMANTHA L SALKELD Director
    40.00     		100,250 7,725  
    1321 LARK STREET
    NEW ORLEANS,LA70122
    2 Compensation of five highest-paid employees (other than those included on line 1—see page 23 of the instructions).
    If none, enter “NONE.”
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
    PETER STRZEPA STAFF
    40.00     		110,508 3,366  
    2507 INWOOD PLACE
    AUSTIN,TX78703
    LAURA PATRON STAFF
    40.00     		72,550 6,781  
    114 COUNTRY MANOR RD
    BELLE CHASSE,LA70037
    Total number of other employees paid over $50,000...................bullet  
    3 Five highest-paid independent contractors for professional services (see page 23 of the instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    NONE
    Total number of others receiving over $50,000 for professional services.............bullet  
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1 Brown Prosthesis ("Direct to Skeleton Attachment Prosthesis Program")Recovery from an amputation is a long and complex process, often producing less-than-desirable results. Even a rehabilitation that is termed successful will often involve complications such as residual limb skin breakdown, pain, and poor control of the prosthetic limb. The Prosthetic Attachment Program has sought to develop a prosthetic limb in which an implant within the residual limb reacts with the prosthetic socket to provide a stable, non-contact connection between the patient and the prosthesis. The interaction of the specially designed magnetic systems results in a system of forces, by which the prosthesis and the patient's skeleton would be held in mechanical equilibrium, eliminating pain and soft tissue complications associated with traditional limb prostheses. A definitive animal prototype and preclinical study has also been completed and data is in the process of being analyzed. Finite element analysis and 366,680
    2 Brown Cartilage ("Cartilage Repair and Regeneration Program")Patients, whose activities are limited due to arthritic knees but whose pain is not yet severe enough to warrant a total knee replacement, face a paucity of treatment options. The Articular Cartilage Replacement Program has sought to develop a novel minimally invasive device to replace the lost and damage cartilage and bone in the medial condyle of the knee is these patients. This program began with a thorough literature search and anatomic studies of the knee. Next, a series of prototype implants and instruments were developed to meet the design criteria of the implant. Once the design was finalized, programs of extensive mechanical testing and in vivo animal study were under taken. Based on the results of these studies, human prototype instruments and implant design have been finalized and manufactured. An IDE application has been filed. Activities in 2011 include the continuation of cadaver laboratory investigations with p 356,608
    3 Brown Cartilage ("Cartilage Repair and Regeneration Program - Patella")Patients, whose activities are limited due to arthritic knees but whose pain is not yet severe enough to warrant a total knee replacement, face a paucity of treatment options. The Articular Cartilage Replacement Program for the Patella has sought to develop a novel minimally invasive device to replace the lost and damage cartilage and bone in the trochlea and patella of the knee is these patients. This program is a direct offshoot of the original Cartilage Repair and Regeneration Program. The program began with a thorough literature search and anatomic studies of the knee. In 2011 a series of prototype implants and instruments were refined to optimize design specifications and meet the design criteria of the implant. Human prototype implants and instruments have been made and are in the stages of testing and design refinement. A novel wear simulation program is underway to examine novel combinations of potential bio 314,334
    4 Bone Graft Material Program ("Medtronic")Bone morphogenetic proteins (BMP-s) are implantable proteins shown to induce new bone growth and accelerate bone healing when implanted in the body. In addition osteoconductive filler materials may play a significant role in improving and optimizing outcomes with BMPs. Recently, a study involving the repeated implantation of a BMP (BMP-7) in critical-sized bone defects showed that most bones healed after the first implantation and less than half healed after the second administration. In 2010 the Bone Graft Material Program sought to evaluate the effect of sequential implantation of a similar commonly and commercially available BMP - BMP-2. A series of animal studies utilizing sequential implantation of BMP-2 into critical sized defect in a canine model was utilized. Results from these studies are being prepared for manuscript for publication in 2011. Orthopaedic surgery residents and biomedical engineering students participated in the program a 137,912
    Form 990-PF (2011)
    Form 990-PF (2011)
    Page 7
    Part IX-B
    Summary of Program-Related Investments (see page 23 of the instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See page 24 of the instructions.
    3  
    Total. Add lines 1 through 3..........................bullet  
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations,
    see page 24 of the instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    977,485
    b
    Average of monthly cash balances.......................
    1b
    1,466,734
    c
    Fair market value of all other assets (see page 24 of the instructions)............
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    2,444,219
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
    0
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
     
    3
    Subtract line 2 from line 1d.........................
    3
    2,444,219
    4
    Cash deemed held for charitable activities. Enter 1 1⁄2% of line 3 (for greater amount, see page 25
    of the instructions) ...........................
    4
    36,663
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    2,407,556
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    120,378
    Part XI
    Distributable Amount bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
     
    2a
    Tax on investment income for 2011 from Part VI, line 5......
    2a
     
    b
    Income tax for 2011. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
     
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
     
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
     
    6
    Deduction from distributable amount (see page 25 of the instructions)...........
    6
     
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII,
    line 1................................
    7
     
    Part XII
    Qualifying Distributions (see page 25 of the instructions)
    1
    Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
    a
    Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........
    1a
    1,010,776
    b
    Program-related investments—total from Part IX-B..................
    1b
     
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
    37,377
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    1,048,153
    5
    Foundations that qualify under section 4940(e) for the reduced rate of tax on net investment
    income. Enter 1% of Part I, line 27b (see page 26 of the instructions)............
    5
     
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    1,048,153
    Note: The amount on line 6 will be used in Part V, column (b), in subsequent years when calculating whether the foundation qualifies for
    the section 4940(e) reduction of tax in those years.
    Form 990-PF (2011)
    Form 990-PF (2011)
    Page 8
    Part XIII
    Undistributed Income (see page 26 of the instructions)
    (a)
    Corpus     		(b)
    Years prior to 2010     		(c)
    2010     		(d)
    2011
    1 Distributable amount for 2011 from Part XI, line 7  
    2 Undistributed income, if any, as of the end of 2011:
    a Enter amount for 2010 only.......  
    b Total for prior years:20, 20, 20  
    3 Excess distributions carryover, if any, to 2011:
    a From 2006.......  
    b From 2007.......  
    c From 2008.......  
    d From 2009.......  
    e From 2010.......  
    fTotal of lines 3a through e.........  
    4Qualifying distributions for 2011 from Part
    XII, line 4: bullet$  
    a Applied to 2010, but not more than line 2a  
    b Applied to undistributed income of prior years
    (Election required—see page 26 of the instructions)    		  
    c Treated as distributions out of corpus (Election
    required—see page 26 of the instructions)...     		 
    d Applied to 2011 distributable amount.....  
    e Remaining amount distributed out of corpus  
    5 Excess distributions carryover applied to 2011.    
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5  
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ...........     		 
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		 
    d Subtract line 6c from line 6b. Taxable
    amount—see page 27 of the instructions ...     		 
    e Undistributed income for 2010. Subtract line
    4a from line 2a. Taxable amount—see page 27
    of the instructions ...........     		 
    f Undistributed income for 2011. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2011 ..........     		 
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (see page 27
    of the instructions) ...........     		 
    8Excess distributions carryover from 2006 not
    applied on line 5 or line 7 (see page 27 of the
    instructions) .............     		 
    9Excess distributions carryover to 2012.
    Subtract lines 7 and 8 from line 6a ......     		 
    10 Analysis of line 9:
    a Excess from 2007....  
    b Excess from 2008....  
    c Excess from 2009....  
    d Excess from 2010....  
    e Excess from 2011....  
    Form 990-PF (2011)
    Form 990-PF (2011)
    Page 9
    Part XIV
    Private Operating Foundations (see page 27 of the instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2011, enter the date of the ruling.......bullet
    2000-04-06
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2011 (b) 2010 (c) 2009 (d) 2008
    106,228   80,035 43,211 229,474
    b 85% of line 2a ......... 90,294   68,030 36,729 195,053
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		1,048,153 1,335,600 875,961 775,243 4,034,957
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ....     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		1,048,153 1,335,600 875,961 775,243 4,034,957
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets” alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment” alternative test— enter 2⁄3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		80,252 77,788 53,357 28,807 240,204
    c “Support” alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the organization had $5,000 or more in
    assets at any time during the year—see page 27 of the instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number of the person to whom applications should be addressed:
    bThe form in which applications should be submitted and information and materials they should include:
    cAny submission deadlines:
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    Form 990-PF (2011)
    Form 990-PF (2011)
    Page 10
    Part XV
    Supplementary Information (continued)
    3 Grants and Contributions Paid During the Year or Approved for Future Payment
    Recipient If recipient is an individual,
    show any relationship to
    any foundation manager
    or substantial contributor
    		 Foundation
    status of
    recipient     		Purpose of grant or
    contribution     		Amount
    Name and address (home or business)
    aPaid during the year
    Total .................................bullet 3a  
    bApproved for future payment
    Total .................................bullet 3b  
    Form 990-PF (2011)
    Form 990-PF (2011)
    Page 11
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See page 28 of
    the instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    aSTUDY SUPPORT         284,561
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3Interest on savings and temporary cash investments     14 2,771  
    4 Dividends and interest from securities....     14 45,214  
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....          
    6Net rental income or (loss) from personal property          
    7 Other investment income.....          
    8Gain or (loss) from sales of assets other than inventory     18 -61,012  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory..          
    11 Other revenue: a
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e)..   -13,027 284,561
    13Total. Add line 12, columns (b), (d), and (e)..................
    13271,534
    (See worksheet in line 13 instructions on page 28 to verify calculations.)
    Part XVI-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
    the accomplishment of the organization’s exempt purposes (other than by providing funds for such purposes). (See
    page 28 of the instructions.)
    1a The mission of the Foundation is to expand scientific knowledge in areas that are traditionally under-investigated but have potential to reduce human suffering. As such, the Foundation has developed novel approaches to the evaluation of orthopaedic implants. The Foundation received study support for collaborative research programs that are in line with the Foundations scientific expertise in the field of evaluating bone graft materials, compounds that regenerate bone, and evaluating novel orthopaedic implants and materials. Study support was received for programs that consist of individual scientific investigations of bone graft materials and compounds capable of hastening bone growth as well as analysis spinal reconstruction devices. Generally, these studies involve avenues of research which are generally beyond the capabilities of industry. Funds have been utilized to further develop treatments for osteoarthritis of the knee for younger patients for which there are few treatment opti
    Form 990-PF (2011)
    Form 990-PF (2011)
    Page 12
    Part XVII
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section
    Yes
    No
    501(c) of the Code (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is “Yes,” complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
    (a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
    2a
    Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
    described in section 501(c) of the Code (other than section 501(c)(3)) or in section 527?...........
    b
    If “Yes,” complete the following schedule.
    (a) Name of organization (b) Type of organization (c) Description of relationship
    SignHere
    Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer or fiduciary) is based on all information of which preparer has any knowledge.
    Bullet Bullet
    Signature of officer or trustee Date Title
    PaidPreparersUseOnly Preparer's SignatureBullet Date PTIN
    Firm's namebullet



    Firm's addressbullet







         		Firm's EINbullet
    Phone no.
    Form 990-PF (2011)
    Additional Data


    Software ID: 11000144
    Software Version: 2011v1.2


    Form 990PF - Special Condition Description:
    Special Condition Description
    Schedule B
    (Form 990, 990-EZ,
    or 990-PF)
    Department of the Treasury
    Internal Revenue Service
    Schedule of Contributors
    Arrow Bullet Attach to Form 990, 990-EZ, or 990-PF.
    OMB No. 1545-0047
    2011
    Name of organization
    THE FELLOWSHIP OF ORTHOPEADIC
    RESEARCHERS
    Employer identification number

    64-0920136
    Organization type (check one):
    Filers of:
    Section:
    Form 990 or 990-EZ





    Form 990-PF




    Check if your organization is covered by the General Rule or a Special Rule.  
    Note. Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
    General Rule
    Special Rules
    ......................... Arrow Bullet   $    
    Caution. An Organization that is not covered by the General Rule and/or the Special Rules does not file Schedule B (Form 990,
    990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its
    Form 990-EZ or on Part I, line 2, of its Form 990-PF, to certify that it does not meet the filing requirements of Schedule B (Form 990,
    990-EZ, or 990-PF).
    For Paperwork Reduction Act Notice, see the Instructions
    for Form 990, 990-EZ, or 990-PF.
    Cat. No. 30613XSchedule B (Form 990, 990-EZ, or 990-PF) (2011)

    Page 2
    Schedule B (Form 990, 990-EZ, or 990-PF) (2011)
    Name of organization
    THE FELLOWSHIP OF ORTHOPEADIC
    RESEARCHERS         		Employer identification number

    64-0920136
    Part I
    Contributors (see Instructions). Use duplicate copies of Part I if additional space is needed.
    		     
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    2
     
     

    MARSHALL HERITAGE FOUNDATION    
    1807 LAKE STREET
       
    LAKE CHARLES, LA   70601

    		$175,000




    (Complete Part II if there is a noncash contribution.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    1
     
     

    BROWN FOUNDATION    
    320 HAMMOND HWY STE 500
       
    METAIRIE, LA   70005

    		$794,000




    (Complete Part II if there is a noncash contribution.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     

         
     
       

    		$  




    (Complete Part II if there is a noncash contribution.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     

         
     
       

    		$  




    (Complete Part II if there is a noncash contribution.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     

         
     
       

    		$  




    (Complete Part II if there is a noncash contribution.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     

         
     
       

    		$  




    (Complete Part II if there is a noncash contribution.)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2011)

    Page 3
    Schedule B (Form 990, 990-EZ, or 990-PF) (2011)
    Name of organization
    THE FELLOWSHIP OF ORTHOPEADIC
    RESEARCHERS         		Employer identification number

    64-0920136
    Part II
    Noncash Property (see Instructions). Use duplicate copies of Part II if additional space is needed.
    		     
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions).     		(d)
    Date received
     
    		$    
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions).     		(d)
    Date received
     
    		$    
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions).     		(d)
    Date received
     
    		$    
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions).     		(d)
    Date received
     
    		$    
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions).     		(d)
    Date received
     
    		$    
    (a) No.
    from
    Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions).     		(d)
    Date received
     
    		$    
    Schedule B (Form 990, 990-EZ, or 990-PF) (2011)

    Page 4
    Schedule B (Form 990, 990-EZ, or 990-PF) (2011)
    Name of organization
    THE FELLOWSHIP OF ORTHOPEADIC
    RESEARCHERS         		Employer identification number

    64-0920136
    Part III
    Exclusively religious, charitable, etc., individual contributions to section 501(c)(7), (8), or (10) organizations
    that total more than $1,000 for the year. Complete columns (a) through (e) and the following line entry.
    For organizations completing Part III, enter the total of exclusively religious, charitable, etc.,
    contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet $  
    Use duplicate copies of Part III if additional space is needed
    (a) No.
    from
    Part I    		 (b)
    Purpose of gift    		 (c)
    Use of gift    		 (d)
    Description of how gift is held
     
    (e)
    Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
           
     
    (a) No.
    from
    Part I    		 (b)
    Purpose of gift    		 (c)
    Use of gift    		 (d)
    Description of how gift is held
     
    (e)
    Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
           
     
    (a) No.
    from
    Part I    		 (b)
    Purpose of gift    		 (c)
    Use of gift    		 (d)
    Description of how gift is held
     
    (e)
    Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
           
     
    (a) No.
    from
    Part I    		 (b)
    Purpose of gift    		 (c)
    Use of gift    		 (d)
    Description of how gift is held
     
    (e)
    Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
           
     
    Schedule B (Form 990, 990-EZ, or 990-PF) (2011)

    Additional Data


    Software ID: 11000144
    Software Version: 2011v1.2

    TY 2011 AccountingFeesSchedule
    Name:
    THE FELLOWSHIP OF ORTHOPEADIC
    RESEARCHERS
    EIN: 64-0920136
    Software ID:11000144
    Software Version:2011v1.2
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING FEES 18,530 9,265 11,581 6,949

    Note: To capture the full content of this document, please select landscape mode (11" x 8.5") when printing.

    TY 2011 DepreciationSchedule
    Name:
    THE FELLOWSHIP OF ORTHOPEADIC
    RESEARCHERS
    EIN: 64-0920136
    Software ID:11000144
    Software Version:2011v1.2
    Description of Property Date Acquired Cost or Other Basis Prior Years' Depreciation Computation Method Rate /
    Life (# of years)    		 Current Year's Depreciation Expense Net Investment Income Adjusted Net Income Cost of Goods Sold Not Included
    3D APPLICATIONS SOFTWARE 2011-06-28 3,075   91 3.0000 513   128  
    ACROBAT SOFTWARE 2011-02-28 598   91 3.0000 166   42  
    BOOK CASES 2011-05-16 1,213   91 7.0000 101   25  
    SENSOR SYSTEM 2011-11-22 6,150   91 5.0000 103   26  
    INSTRUMENT CASES 2011-09-07 21,001   91 7.0000 1,000   250  
    3D PRINTER 2011-06-09 4,021   91 5.0000 469   117  
    COMPUTER FOR INSTRON 2011-03-27 737   91 5.0000 111   28  
    ACROBAT SOFTWARE 2010-12-03 299 8 91 3.0000 100   25  
    3D APPLICATION SOFTWARE 2010-09-30 12,075 1,006 91 3.0000 4,025   1,006  
    ABAQUS RESEARCH SOFTWARE 2010-08-30 3,025 336 91 3.0000 1,008   252  
    LAB RENOVATIONS 2010-07-01 57,703 740 91 39.0000 1,480   370  
    BOOK CASES 2010-08-11 1,088 65 91 7.0000 155   39  
    DESKS 2010-01-11 1,260 180 91 7.0000 180   45  
    3D PRINTER STAND 2010-01-11 482 69 91 7.0000 69   17  
    ACID STORAGE CABINET 2010-09-16 1,008 36 91 7.0000 144   36  
    LAB WASHER & ACCESSORIES 2010-04-21 9,640 918 91 7.0000 1,377   344  
    WATER FILTRATION LAB EQ 2010-03-16 4,915 527 91 7.0000 702   176  
    COMPUTER & MEMORY 2010-01-12 6,613 1,323 91 5.0000 1,323   331  
    MLC CAD SYSTEMS SOFTWARE 2009-12-31 6,005 2,002 91 3.0000 2,002   501  
    ENGATECH PRINTER 2009-12-21 41,400 8,280 91 5.0000 8,280   2,070  
    X-RAY MACHINE 2008-10-03 107,264 34,477 91 7.0000 15,323   3,831  
    WORKTABLE 2008-04-07 283 110 91 7.0000 40   10  
    COMPUTER EQUIPMENT 2008-05-15 2,618 1,397 91 5.0000 524   131  
    SDC COMPUTER 2008-03-27 1,087 597 91 5.0000 217   54  
    LINEAR ABRASER TABER 2007-04-12 6,150 3,296 91 7.0000 879   220  
    OFFICE FURNITURE 2007-10-30 637 288 91 7.0000 91   23  
    OFFICE FURNITURE 2007-10-04 600 279 91 7.0000 86   22  
    PHONE SYSTEM 2007-02-12 3,840 3,008 91 5.0000 768   192  
    OFFICE FURNITURE 2007-02-21 5,337 2,921 91 7.0000 762   191  
    CAPTAIR FUME HOOD 2007-07-27 1,318 642 91 7.0000 188   47  
    SENSORS 2007-05-02 1,985 1,041 91 7.0000 284   71  
    FILTRATION EQUIPMENT 2007-04-19 1,067 558 91 7.0000 152   38  
    REFRIGERATOR 2007-01-30 609 341 91 7.0000 87   22  
    LAB FLOORING 2007-03-02 2,188 1,199 91 7.0000 313   78  
    DELL COMPUTER 2007-04-20 1,517 1,111 91 5.0000 303   76  
    BOOKCASES 2006-12-04 522 306 91 7.0000 75   19  
    FILING CABINET 2006-12-04 1,574 919 91 7.0000 225   56  
    CABINET 2006-04-11 550 375 91 7.0000 79   20  
    OFFICE CHAIRS & TABLES 2005-10-10 145 110 91 7.0000 21   5  
    CHAIRS 2005-10-03 87 63 91 7.0000 12   3  
    FURNITURE 2005-07-29 912 704 91 7.0000 130   33  
    FUME HOOD 2005-12-05 4,431 3,218 91 7.0000 633   158  
    SURGICAL LIGHTS 2005-10-03 255 189 91 7.0000 36   9  
    CABINETS 2005-10-03 1,933 1,449 91 7.0000 276   69  
    CHEMICAL FILTERS 2005-07-29 914 709 91 7.0000 131   33  
    STAINLESS STEELE TABLE 2005-07-29 202 157 91 7.0000 29   7  
    DEEP FREEZE 2005-07-11 490 385 91 7.0000 70   18  
    INSTRON SYSTEM 2005-06-21 88,082 69,207 91 7.0000 12,583   3,146  
    TRANSFORMER 2005-05-21 1,414 1,128 91 7.0000 202   51  
    CENTRIFUGE 2005-03-23 219 178 91 7.0000 31   8  
    DESK CHAIR 2004-02-04 326 325 91 7.0000 1      
    DESK FILE CABINETS 2004-02-04 2,133 2,109 91 7.0000 24   6  
    PURE AIR FUME HOOD 2004-07-31 2,252 2,066 91 7.0000 186   47  
    LASER PARTICAL COUNTER 2004-06-21 11,000 10,212 91 7.0000 788   197  
    PRINTER 2004-02-04 533 526 91 7.0000 7   2  

    TY 2011 LandEtcSchedule2
    Name:
    THE FELLOWSHIP OF ORTHOPEADIC
    RESEARCHERS
    EIN: 64-0920136
    Software ID:11000144
    Software Version:2011v1.2
    Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
    Miscellaneous 25,077 11,166 13,911 13,911
    Improvements 57,703 2,220 55,483 55,483
    Machinery and Equipment 433,083 291,176 141,907 141,907
    Furniture and Fixtures 20,156 14,046 6,110 6,110


    TY 2011 LegalFeesSchedule
    Name:
    THE FELLOWSHIP OF ORTHOPEADIC
    RESEARCHERS
    EIN: 64-0920136
    Software ID:11000144
    Software Version:2011v1.2
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    LEGAL FEES 76,808 0 407 76,401


    TY 2011 OtherDecreasesSchedule
    Name:
    THE FELLOWSHIP OF ORTHOPEADIC
    RESEARCHERS
    EIN: 64-0920136
    Software ID:11000144
    Software Version:2011v1.2
    Description Amount
    MEALS AT 50% 4,206


    TY 2011 OtherExpensesSchedule
    Name:
    THE FELLOWSHIP OF ORTHOPEADIC
    RESEARCHERS
    EIN: 64-0920136
    Software ID:11000144
    Software Version:2011v1.2
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    TELEPHONE AND INTERNET 5,736 574 1,609 4,127
    STUDY SUPPLIES 5,389   1,400 3,989
    STUDY EXPENSE 53,914   6,579 47,335
    STUDY EQUIPMENT 130,514   4,280 126,234
    STUDY COLLABORATOR 8,776     8,776
    SHIPPING 8,884   2,979 5,905
    PROTOTYPE DEVELOPMENT 60,974     60,974
    POSTAGE 187 19 61 126
    OFFICE SUPPLIES 3,137 314 960 2,177
    OFFICE EXPENSE 3,358 336 974 2,384
    MISCELLANEOUS 103   26 77
    MEMBERSHIPS 2,875   719 2,156
    MEALS @ 50% 4,206   1,948 2,258
    MAINTENANCE 28,728   8,949 19,779
    LAB SUPPLIES 5,779   1,093 4,686
    INSURANCE - WORKERS COMP 2,480 25 319 2,161
    INSURANCE - GENERAL LIABILITY 805 81 262 543
    HISTOLOGY 990   107 883
    EQUIPMENT EXPENSE 444   111 333
    BOOKS AND REFERENCE MATERIALS 1,379   325 1,054
    BANK SERVICE CHARGES 4 2 3 1
    ANIMAL RESOURCES 76,057   58,780 17,277


    TY 2011 OtherIncomeSchedule2
    Name:
    THE FELLOWSHIP OF ORTHOPEADIC
    RESEARCHERS
    EIN: 64-0920136
    Software ID:11000144
    Software Version:2011v1.2
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    STUDY SUPPORT 284,561   284,561


    TY 2011 OtherProfessionalFeesSchedule
    Name:
    THE FELLOWSHIP OF ORTHOPEADIC
    RESEARCHERS
    EIN: 64-0920136
    Software ID:11000144
    Software Version:2011v1.2
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    PAYROLL SERIVCE FEES 1,576 16 406 1,170
    INVESTMENT FEES 9,404 9,404 9,404 0
    INDEPENDENT CONTRACTOR 7,655 0 600 7,055
    CONSULTING FEES-REGULATORY 3,039 0 0 3,039
    CONSULTING 26,957 0 4,400 22,557
    COMPUTER SOFTWARE SUPPORT 2,205 0 0 2,205


    TY 2011 SubstantialContributorsSch
    Name:
    THE FELLOWSHIP OF ORTHOPEADIC
    RESEARCHERS
    EIN: 64-0920136
    Software ID:11000144
    Software Version:2011v1.2
    Name Address
    MARSHALL HERITAGE FOUNDATION 1807 LAKE STREET
    LAKE CHARLES,LA70601
    JOE W DOROTHY D BROWN FOUNDATION 320 HAMMOND HWY SUITE 500
    METAIRIE,LA70005


    TY 2011 TaxesSchedule
    Name:
    THE FELLOWSHIP OF ORTHOPEADIC
    RESEARCHERS
    EIN: 64-0920136
    Software ID:11000144
    Software Version:2011v1.2
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    TAX ON INVESTMENT INCOME 186      
    PAYROLL TAXES 36,407 364 4,678 31,729
    LICENSES 149   37 112