Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
bulletDo not enter social security numbers on this form as it may be made public.
bulletInformation about Form 990-PF and its instructions is at www.irs.gov/form990pf.
OMB No. 1545-0052
2015
Open to Public Inspection
For calendar year 2015, or tax year beginning 01-01-2015 , and ending 12-31-2015
Name of foundation
AO NORTH AMERICA CHARITABLE FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)1700 RUSSELL ROAD
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
PAOLI, PA19301
A Employer identification number

23-2701788
B Telephone number (see instructions)

(610) 695-2459
C bullet
G Check all that apply:

D 1. bullet
2. bullet
E bullet
H Check type of organization:
F bullet
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)bullet$22,012,818J Accounting method:
 
(Part I, column (d) must be on cash basis.)
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 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) 7,043,804
2 Check bullet Sch. B .............
3 Interest on savings and temporary cash investments 7,375 7,375  
4 Dividends and interest from securities...      
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10  
b Gross sales price for all assets on line 6a  
7 Capital gain net income (from Part IV, line 2)... 0
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).......      
12 Total. Add lines 1 through 11........ 7,051,179 7,375  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0   0
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule)......... Click to see attachment 18,954 0   9,477
b Accounting fees (attach schedule)....... Click to see attachment 10,000 0   10,000
c Other professional fees (attach schedule).... Click to see attachment 28,202 0   28,202
17 Interest...............        
18 Taxes (attach schedule) (see instructions)...        
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings....... 97,860 0   88,074
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 3,295,013 0   2,962,976
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 3,450,029 0   3,098,729
25 Contributions, gifts, grants paid....... 3,454,724 3,454,724
26 Total expenses and disbursements. Add lines 24 and 25 6,904,753 0   6,553,453
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 146,426
b Net investment income (if negative, enter -0-) 7,375
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2015)
Form 990-PF (2015)
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............. 12,281,971 21,101,694 21,101,694
2 Savings and temporary cash investments......... 2,414,488    
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet   769,102    
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable................. 4,600,000 911,124 911,124
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see 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)..........      
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet) Click to see attachment345,946 Click to see attachment0 Click to see attachment0
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 20,411,507 22,012,818 22,012,818
Liabilities 17 Accounts payable and accrued expenses.......... 470,138 2,078,083
18 Grants payable..................    
19 Deferred revenue.................   414,931
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet) Click to see attachment4,455 Click to see attachment0
23 Total liabilities (add lines 17 through 22)......... 474,593 2,493,014
Net Assets or Fund Balances bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted..................    
25 Temporarily restricted...............    
26 Permanently restricted...............    
bullet
and complete lines 27 through 31.
27 Capital stock, trust principal, or current funds........ 0 0
28 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
29 Retained earnings, accumulated income, endowment, or other funds 19,936,914 19,519,804
30 Total net assets or fund balances (see instructions)..... 19,936,914 19,519,804
31 Total liabilities and net assets/fund balances (see instructions). 20,411,507 22,012,818
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
19,936,914
2
Enter amount from Part I, line 27a .....................
2
146,426
3
Other increases not included in line 2 (itemize) bullet
3
0
4
Add lines 1, 2, and 3 ..........................
4
20,083,340
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
563,536
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30 .
6
19,519,804
Form 990-PF (2015)
Form 990-PF (2015)
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  
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 instructions). If (loss), enter -0-
in Part I, line 8 ................... 		Bracket 3  
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 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))
2014 6,355,506 19,441,917 0.326897
2013 6,220,842 17,928,477 0.346981
2012 10,518,346 14,194,633 0.741009
2011 9,664,296 12,929,306 0.747472
2010 9,844,452 8,481,216 1.160736
2
Total of line 1, column (d) .....................
23.323095
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
0.664619
4
Enter the net value of noncharitable-use assets for 2015 from Part X, line 5.....
4
14,627,503
5
Multiply line 4 by line 3......................
5
9,721,716
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
74
7
Add lines 5 and 6........................
7
9,721,790
8
Enter qualifying distributions from Part XII, line 4.............
8
6,553,453
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.
Form 990-PF (2015)
Form 990-PF (2015)
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 Bullet and enter “N/A" on line 1. Bracket
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b 1 148
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 0
3 Add lines 1 and 2........................... 3 148
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4 0
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 148
6 Credits/Payments:
a 2015 estimated tax payments and 2014 overpayment credited to 2015 6a  
b Exempt foreign organizations—tax withheld at source...... 6b
c Tax paid with application for extension of time to file (Form 8868)... 6c  
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 0
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 9 148
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 2015 estimated taxBullet   RefundedBullet 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 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$ 0(2) On foundation managers.bullet$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$ 0
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
 
 
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 instructions)
    bulletPA
    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 2015 or the taxable year beginning in 2015 (see instructions for Part XIV)?
    If "Yes," complete Part XIV.............................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. ...............................
    10
     
    No
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 5
    Part VII-A
    Statements Regarding Activities (continued)
    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 instructions) .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement (see instructions).................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletWWW.AONA.ORG
    14
    The books are in care ofbulletMICHAEL LEWIS Telephone no.bullet (610) 993-5137

    Located atbullet1700 RUSSELL ROADPAOLIPA ZIP+4bullet19301
    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 2015, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country?
    16   No
    See instructions for exceptions and filing requirements for FinCEN Form 114, Report of Foreign Bank and Financial Accounts (FBAR). If "Yes", enter the name of the foreign country bullet  
    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 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 2015?.............
    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 2015, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2015?.............
    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 instructions.) ..............
    2b
     
     
    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 2015 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 2015.)..................
    3b
     
     
    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 2015?
    4b
     
    No
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 6
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required (Continued)
    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 4945(d)(4)(A)? (see 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 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). Click to see attachment
    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
     
     
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 7
    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 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
    DEAN RICHARDSON DVM DACVS MEMBER
    0.50     		0 0 0
    1700 RUSSELL ROAD
    PAOLI,PA19301
    JAMES GERRY MEMBER
    0.50     		0 0 0
    1700 RUSSELL ROAD
    PAOLI,PA19301
    JOHN FRODEL MD SECRETARY
    0.50     		0 0 0
    1700 RUSSELL ROAD
    PAOLI,PA19301
    JOHN WILBER CHAIRMAN (DEPARTED 5/15)
    1.00     		0 0 0
    1700 RUSSELL ROAD
    PAOLI,PA19301
    MICHAEL BAUMGAERTNER MD CHAIRMAN
    0.50     		0 0 0
    1700 RUSSELL ROAD
    PAOLI,PA19301
    MICHAEL J LEWIS TREASURER
    10.00     		0 0 0
    1700 RUSSELL ROAD
    PAOLI,PA19301
    NANCY HOLMES EXECUTIVE DIRECTOR
    10.00     		0 0 0
    1700 RUSSELL ROAD
    PAOLI,PA19301
    PETER TRAFTON MEMBER
    0.50     		0 0 0
    1700 RUSSELL ROAD
    PAOLI,PA19301
    ZIYA GOKASLAN MD MEMBER
    0.50     		0 0 0
    1700 RUSSELL ROAD
    PAOLI,PA19301
    ROBERT MCGUIRE MD PRESIDENT
    1.00     		0 0 0
    1700 RUSSELL ROAD
    PAOLI,PA19301
    JENS CHAPMAN MD MEMBER
    0.50     		0 0 0
    1700 RUSSELL ROAD
    PAOLI,PA19301
    2 Compensation of five highest-paid employees (other than those included on line 1—see 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
    NONE
    Total number of other employees paid over $50,000...................bullet 0
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    NOR CONSULT LLC CLINICAL RESEARCH 1,782,437
    7423 W MERCER WAY
    MERCER ISLAND,WA98040
    SPECTRUM RESEARCH INC CLINICAL RESEARCH 89,434
    705 S 9TH STREET SUITE 203
    TACOMA,WA98405
    BAYVIEW PHARMACY CLINICAL RESEARCH 67,598
    3045 TOWER HILL ROAD UNIT 3
    SAUNDERSTOWN,RI02874
    Total number of others receiving over $50,000 for professional services.............bullet0
    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 RESEARCH: AONA CHARITABLE FOUNDATION (AONACF) PERFORMS SPINE RESEARCH - FROM EXPERIMENTAL TO CLINICAL STUDIES. AONACF RETAINS A LEADERSHIP POSITION IN THE SPINE CARE COMMUNITY BY FOSTERING INNOVATION AND EVIDENCE-BASED CLINICAL PRACTICE. 2,687,931
    2 FELLOWSHIPS: AONACF ADMINISTERS A COMPREHENSIVE FELLOWSHIP PROGRAM. AONACF OFFERS INTENSIVE OPPORTUNITIES FOR FULLY TRAINED ORTHOPEDIC AND NEUROSURGEONS INTERESTED IN SURGERY. 4,408,836
    3 THE ORGANIZATION PROVIDES EDUCATIONAL AND COMMUNITY DEVELOPMENT OPPORTUNITIES FOR INTERESTED PERSONS. 16,338
    4  
    Part IX-B
    Summary of Program-Related Investments (see 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 instructions.
    3  
    Total. Add lines 1 through 3.........................bullet0
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 8
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations,see 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
    0
    b
    Average of monthly cash balances.......................
    1b
    14,850,257
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    14,850,257
    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
    0
    3
    Subtract line 2 from line 1d.........................
    3
    14,850,257
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    222,754
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    14,627,503
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    731,375
    Part XI
    Distributable Amount bullet
    1
    Minimum investment return from Part X, line 6....................
    1
    731,375
    2a
    Tax on investment income for 2015 from Part VI, line 5......
    2a
    148
    b
    Income tax for 2015. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    148
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    731,227
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    731,227
    6
    Deduction from distributable amount (see instructions).................
    6
    0
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...
    7
    731,227
    Part XII
    Qualifying Distributions (see 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
    6,553,453
    b
    Program-related investments—total from Part IX-B..................
    1b
    0
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
     
    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
    6,553,453
    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 instructions).................
    5
    0
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    6,553,453
    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 (2015)
    Form 990-PF (2015)
    Page 9
    Part XIII
    Undistributed Income (see instructions)
    (a)
    Corpus     		(b)
    Years prior to 2014     		(c)
    2014     		(d)
    2015
    1 Distributable amount for 2015 from Part XI, line 7 731,227
    2 Undistributed income, if any, as of the end of 2015:
    a Enter amount for 2014 only....... 0
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2015:
    a From 2010...... 9,844,452
    b From 2011...... 9,644,296
    c From 2012...... 10,518,346
    d From 2013...... 4,615,110
    e From 2014...... 5,395,600
    fTotal of lines 3a through e........ 40,017,804
    4Qualifying distributions for 2015 from Part
    XII, line 4: bullet$ 6,553,453
    a Applied to 2014, but not more than line 2a 0
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		0
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		0
    d Applied to 2015 distributable amount..... 731,227
    e Remaining amount distributed out of corpus 5,822,226
    5 Excess distributions carryover applied to 2015. 0 0
    (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 45,840,030
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		0
    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......     		0
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		0
    e Undistributed income for 2014. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		0
    f Undistributed income for 2016. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2015 ..........     		0
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		0
    8Excess distributions carryover from 2010 not
    applied on line 5 or line 7 (see instructions) ...     		9,844,452
    9Excess distributions carryover to 2016.
    Subtract lines 7 and 8 from line 6a ......     		35,995,578
    10 Analysis of line 9:
    a Excess from 2011.... 9,644,296
    b Excess from 2012.... 10,518,346
    c Excess from 2013.... 4,615,110
    d Excess from 2014.... 5,395,600
    e Excess from 2015.... 5,822,226
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 10
    Part XIV
    Private Operating Foundations (see 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 2015, enter the date of the ruling.......bullet
     
    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) 2015 (b) 2014 (c) 2013 (d) 2012
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		         
    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 ....     		         
    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...     		         
    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 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 or email address 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 (2015)
    Form 990-PF (2015)
    Page 11
    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
    ALLEGHENY GENERAL HOSPITAL
    1307 FEDERAL ST 2ND FL
    PITTSBURGH,PA15212     		NONE PC FELLOWSHIP 67,500
    BARROW NEUROLOGICAL INSTITUTE
    2910 N 3RD AVE
    PHOENIX,AZ85013     		NONE PC FELLOWSHIP 37,500
    CAROLINA'S MEDICAL CENTER
    1320 SCOTT AVENUE PO BOX 32861
    CHARLOTTE,NC28232     		NONE PC FELLOWSHIP 75,000
    CENTER FOR SPINE HEALTH
    CLEVELAND CLINIC HEALTH SYSTEMS
    9500 EUCLID AVE A41
    CLEVELAND,OH44195     		NONE PC FELLOWSHIP 75,000
    CURATORS OF THE UNIVERSITY OF MISSOURI
    325 JESSE HALL
    COLOMBIA,MO65212     		NONE PC FELLOWSHIP 56,250
    DENVER HEALTH FOUNDATIONS
    PO BOX 17093 DENVER CO 80217-0093
    DENVER,CO80217     		NONE PC FELLOWSHIP 67,500
    DUKE UNIVERSITY
    TRENT DROVE PO BOX 3205
    DURHAM,NC27710     		NONE PC FELLOWSHIP 29,646
    EMORY UNIVERSITY DEPT OF ORTHOPAEDICS
    57 EXECUTIVE PARK SUITE 160-3
    ATLANTA,GA30329     		NONE PC FELLOWSHIP 37,500
    HOSPITAL FOR SPECIAL SURGERY
    535 EAST 70TH ST NEW YORK NY 10021
    NEW YORK,NY10021     		NONE PC FELLOWSHIP 37,500
    HOSPITAL FOR SPECIAL SURGERY
    ATTN SPINE SERVICE 535 EAST 70TH
    STREET NEW YORK NY 10021
    NEW YORK,NY10021     		NONE PC FELLOWSHIP 75,000
    JOHNS HOPKINS MEDICAL INSTITUTE
    1101 EAST 3RD STREET NOD200
    BALTIMORE MD 21218
    BALTIMORE,MD21218     		NONE PC FELLOWSHIP 37,500
    MASSACHUSETTS GENERAL HOSPITAL
    DIVISION OF ORTHOPAEDICS 55 FRUIT
    ST
    BOSTON,MA02114     		NONE PC FELLOWSHIP 112,500
    MAYO DEPT OF ORTHOPEDIC
    200 FIRST ST SW
    ROCHESTER,MN55905     		NONE PC FELLOWSHIP 75,000
    METROHEALTH FOUNDATION INC
    2500 METROHEALTH DRIVE TOWERS 135A
    CLEVELAND,OH44109     		NONE PC FELLOWSHIP 75,000
    MIDWEST ORTHOPAEDICS AT RUSH UNIVERSITY MEDICAL CENTER
    1611 W HARRISON SUITE 300
    CHICAGO,IL60612     		NONE PC FELLOWSHIP 37,500
    NYU HOSPITAL FOR JOINT DISEASES SPINE SURGERY FELLOWSHIP PROGRAM
    NYU LANGONE MEDICAL CNTER 1 PARK
    AVE 17TH FL
    NEW YORK,NY10016     		NONE PC FELLOWSHIP 37,500
    ORTHO CAROLINA SPINE CENTER
    2001 RANDOLPH RD
    CHARLOTTE,NC28207     		NONE PC FELLOWSHIP 75,000
    ORTHO TRAUMA OUTCOME RESEARCH ACCOUNT
    2775 LAUREL ST 3RD FLOOR
    VANCOUVER,VANCOUVER  
    CA     		NONE PC FELLOWSHIPS 75,000
    ORTHOPEDIC CLINICAL RESEARCH
    SUITE 4875 HI SITE QE II HSC 1797
    SUMMER ST HALIFAX
    NOVA SCOTIA,NOVA SCOTIA  
    CA     		NONE PC FELLOWSHIP 75,000
    RECTOR & BOARD OF VISITORSUNIVERSITY OF VIRGINIA
    PO BOX 400195
    CHARLOTTESVILLE,VA22904     		NONE PC FELLOWSHIP 108,681
    REGENTS OF THE UNIVERSITY OF CALIFORNIA
    RESEARCH BLDG I ROOM 200 4635
    SECOND AVENUE
    SACRAMENTO,CA95817     		NONE PC FELLOWSHIP 75,000
    REGENTS OF THE UNIVERSITY OF MINNESOTA
    NW 5957 PO BOX 1450
    MINNEAPOLIS,MN55485     		NONE PC FELLOWSHIP 75,000
    RI MUHC
    2155 GUY ST 5TH FLOOR MONTREAL
    QUEBEC,QUEBEC  
    CA     		NONE PC FELLOWSHIP 45,000
    RUSH UNIVERSITY MEDICAL CENTER DEPT OF NEUROSURGERY
    1725 W HARRIOSN SUITE 855
    CHICAGO,IL60612     		NONE PC FELLOWSHIP 37,500
    RUTGER UNIVERSITY FOUNDATION
    65 BERGEN ST SUITE 1539 SSB
    NEWARK,NJ07101     		NONE PC FELLOWSHIP 67,500
    SAN DIEGO TRAUMA FELLOWSHIP
    3750 CONVOY STREET SUITE 201
    SAN DIEGO,CA92111     		NONE PC FELLOWSHIP 67,500
    SFGH FOUNDATION
    SAN FRAN GENERAL HOSPITAL 2789 25TH
    STREET SUITE 2028
    SAN FRANCISCO,CA94110     		NONE PC FELLOWSHIP 75,000
    SONORAN ORTHOPAEDIC TRAUMA SURGEONS
    3126 N CIVIC CENTER PLAZA
    SCOTTSDALE,AZ85251     		NONE PC FELLOWSHIP 18,750
    ST JOHN HEALTH SYSTEM FOUNDATION
    1923 SOUTH UTICA
    TULSA,OK74104     		NONE PC FELLOWSHIP 75,000
    SUNNYBROOK ORTHOPAEDIC ASSOC
    2075 BAYVIEW AVE RM MG 317
    TORONTO,TORONTO  
    CA     		NONE PC FELLOWSHIPS 75,000
    TAMPA GENERAL HOSPITAL FOUNDATION
    PO BOX 1289 RM H149
    TAMPA,FL33601     		NONE PC FELLOWSHIP 37,500
    THE FOUNDATION FOR HEALTHCARE ADVANCEMENT
    NEW JERSEY MEDICAL SCHOOL 120
    ALBANY ST SUITE 850
    NEW BRUNSWICK,NJ08901     		NONE PC FELLOWSHIP 7,500
    THOMAS JEFFERSON UNIVERSITY
    1015 CHESTNUT STREET
    PHILADELPHIA,PA19107     		NONE PC FELLOWSHIP 37,500
    UBC DEPT OF ORTHPAEDICS
    3114-920 WEST 10TH AVE
    VANCOUVER,VANCOUVER  
    CA     		NONE PC FELLOWSHIPS 75,000
    UC REGENTS - SF NEURO
    UNIVERSITY OF CAL SAN FRAN 505
    PARNASSUS AVE M779
    SAN FRANCISCO,CA94143     		NONE PC FELLOWSHIP 187,500
    UNIVERSITY HEALTH NETWORK
    190 ELIZABETH ST 2ND FLOOR FINANCE
    TORONTO,TORONTO  
    CA     		NONE PC FELLOWSHIP 75,000
    UNIVERSITY OF ALABAMA AT BIRMINGHAM
    510 20TH ST SOUTH FOT 901
    BIRMINGHAM,AL35294     		NONE PC FELLOWSHIP 75,000
    UNIVERSITY OF CALIFORNIA DAVIS MEDICAL CENTER
    REGENTS OF THE UNIVERSITY OF
    CALIFORNIA PO BOX 989062
    WEST SACRAMENTO,CA95798     		NONE PC FELLOWSHIP 45,000
    UNIVERSITY OF MARYLAND MEDICAL SYSTEM FOUNDATION
    110 S PACA ST FLOOR 6
    BALTIMORE,MD21201     		NONE PC FELLOWSHIP 37,500
    UNIVERSITY OF MARYLAND BALTIMORE
    22 S GREENE ST T3R60
    BALTIMORE,MD21201     		NONE PC FELLOWSHIP 75,000
    UNIVERSITY OF ROCHESTER
    DEPT OF ORTHOPAEDIC SURGERY 910
    GENESEE ST
    ROCHESTER,NY14642     		NONE PC FELLOWSHIP 29,811
    UNIVERSITY OF SASKATCHEWAN
    B419 HEALTH SCIENCE BLDG 107
    WIGGINS ROAD
    SASKATOON,SASKATOON  
    CA     		NONE PC FELLOWSHIPS 30,000
    UNIVERSITY OF SOUTHERN CALIFORNIA
    52095
    LOS ANGELES,CA90074     		NONE PC FELLOWSHIP 37,500
    UNIVERSITY OF SOUTHERN CALIFORNIA
    500 SOUTH FIGUERPA ST SUITE 1
    LOS ANGELES,CA90089     		NONE PC FELLOWSHIP 75,000
    UNIVERSITY OF TENNESSEE HEALTH SCIENCE
    62 SOUTH DUNLAP 3RD FL
    MEMPHIS,TN38163     		NONE PC FELLOWSHIP 75,000
    UNIVERSITY OF TEXAS HEALTH CENTER AT HOUSTON
    PO BOX 301418
    DALLAS,TX75303     		NONE PC FELLOWSHIP 52,500
    UNIVERSITY OF UTAH
    201 SOUTH PRESIDENTS CIRCLE
    SALT LAKE CITY,UT84108     		NONE PC FELLOWSHIP 75,000
    UNIVERSITY OF WASHINGTON
    407 GERBERDING HALL BOX 351210
    SEATTLE,WA98195     		NONE PC FELLOWSHIP 149,886
    VANDERBILT UNIVERSITY MEDICAL
    DEPT OF FINANCE AT STOP 40303
    COLUMBUS,OH43210     		NONE PC FELLOWSHIP 150,000
    WAKE FOREST UNIVERSITY HEALTH SCIENCES
    DEPT OF ORTHO MEDICAL CENTER BLVD
    WINSTON SALEM,NC27157     		NONE PC FELLOWSHIP 31,700
    WASHINGTON UNIVERSITY
    DEPT OF SPONSORED PROJECTS 700
    ROSEDALE AVE
    ST LOUIS,MO63112     		NONE PC FELLOWSHIP 150,000
    WEILL CORNELL MEDICAL COLLEGE
    DEPT OF NEUROLOGICAL SURGERY 1300
    YORK AVE BOX 61
    NEW YORK,NY10065     		NONE PC FELLOWSHIP 30,000
    WEST VIRGINIA MEDICAL SCHOOL
    PO BOX 9196
    MORGANTOWN,WV26506     		NONE PC FELLOWSHIP 37,500
    Total .................................bullet 3a 3,454,724
    bApproved for future payment
    Total .................................bullet 3b 0
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 12
    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 instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3
    Interest on savings and temporary cash investments ...........     		    14 7,375  
    4 Dividends and interest from securities....          
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....          
    6
    Net rental income or (loss) from personal property     		         
    7 Other investment income.....          
    8
    Gain or (loss) from sales of assets other than inventory ............     		         
    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).. 0 7,375 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    137,375
    (See worksheet in line 13 instructions 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 foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 13
    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 501(c) of the Code (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    Yes
    No
    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
    Sign Here
    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) is based on all information of which preparer has any knowledge.
    Bullet Bullet
    May the IRS discuss this return
    with the preparer shown below
    (see instr.)?
    Signature of officer or trustee Date Title
    Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date PTIN
    Firm's name SmallBullet
    		 Firm's EIN SmallBullet
    Firm's address SmallBullet


    		 Phone no.
    Form 990-PF (2015)
    Additional Data


    Software ID:  
    Software Version:  


    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.
    Arrow Bullet Information about Schedule B (Form 990, 990-EZ, or 990-PF) and its instructions is at www.irs.gov/form990.
    OMB No. 1545-0047
    2015
    Name of the organization
    AO NORTH AMERICA CHARITABLE FOUNDATION
     
    Employer identification number

    23-2701788
    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 its Form 990PF, Part I, line 2, 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) (2015)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2015) Page 2
    Name of organization
    AO NORTH AMERICA CHARITABLE FOUNDATION
          		Employer identification number
    23-2701788
    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
    1
     
     

    REEVE FOUNDATION  
    41182 HWY 261
     
    EAGAR, AZ85925

    		$ 150,000


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    2
     
     

    RICK HANSEN FOUNDATION  
    300-3820 CESSNA DRIVE
     
      , BRITISH COLUMBIA   CA

    		$ 47,360


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    3
     
     

    AO SPINE INTERNATIONAL  
    STETTBACHSTRASSE L 8600
     
      , DUEBENDORF   SZ

    		$ 171,509


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

    JOINT SECTIONS SOCIETY  
    725 15TH STREET NW SUITE 500
     
    WASHINGTON, DC20005

    		$ 25,665


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    5
     
     

    AO NORTH AMERICA  
    1700 RUSSELL ROAD PO BOX 1755
     
    PAOLI, PA19301

    		$ 6,649,270


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

       
     
     

    		$  


    (Complete Part II for noncash contributions.)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2015)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2015)
    Page 3
    Name of organization
    AO NORTH AMERICA CHARITABLE FOUNDATION
          		Employer identification number

    23-2701788
    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) (2015)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2015)
    Page 4
    Name of organization
    AO NORTH AMERICA CHARITABLE FOUNDATION
          		Employer identification number

    23-2701788
    Part III
    Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10) that total more than $1,000 for the year from any one contributor. 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) (2015)

    Additional Data


    Software ID:  
    Software Version:  

    TY 2015 AccountingFeesSchedule
    Name:
    AO NORTH AMERICA CHARITABLE FOUNDATION
    EIN:
    23-2701788
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    PROF FEES - ACCOUNTING 10,000 0   10,000

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

    TY 2015 ExpenditureResponsibilityStmt
    Name:
    AO NORTH AMERICA CHARITABLE FOUNDATION
    EIN:
    23-2701788
    Grantee's Name Grantee's Address Grant Date Grant Amount Grant Purpose Amount Expended By Grantee Any Diversion By Grantee? Dates of Reports By Grantee Date of Verification Results of Verification
    ORTHO TRAUMA OUTCOME RESEARCH ACCOUNT
          		VANCOUVER GENERAL HOSPITAL 2775
    LAUREL ST 3RD FLOOR
    VANCOUVER,BRITISH COLUMBIAV5Z1M9
    CA     		2015-03-19 75,000 TO SUPPORT SALARY AND BENEFITS FOR ONE OR MORE FELLOWS PER YEAR INCLUDING EDUCATION AND/OR RESEARCH PURPOSES TO SUPPORT THE FELLOW AND THE PROGRAM. 75,000 NONE, TO THE KNOWLEDGE OF THE FOUNDATION AND BASED ON GRANTEE REPORT FEBRUARY 26, 2015 2015-11-05 AONACF REVIEWED THE GRANT REPORTS BUT DID NOT UNDERTAKE ANY VERIFICATION OF THE GRANTEE'S REPORTS AS THERE HAS NOT BEEN ANY REASON TO DOUBT ACCURACY OR RELIABILITY.
    UBC DEPARTMENT OF ORTHPAEDICS
          		3114-920 WEST 10TH AVE
    VANCOUVER,BRITISH COLUMBIAV5Z4E3
    CA     		2015-01-22 75,000 TO SUPPORT SALARY AND BENEFITS FOR ONE OR MORE FELLOWS PER YEAR INCLUDING EDUCATION AND/OR RESEARCH PURPOSES TO SUPPORT THE FELLOW AND THE PROGRAM. 75,000 NONE, TO THE KNOWLEDGE OF THE FOUNDATION AND BASED ON GRANTEE REPORT JANUARY 15, 2015 AND JULY 15, 2015 2015-07-30 AONACF REVIEWED THE GRANT REPORTS BUT DID NOT UNDERTAKE ANY VERIFICATION OF THE GRANTEE'S REPORTS AS THERE HAS NOT BEEN ANY REASON TO DOUBT ACCURACY OR RELIABILITY.
    ORTHOPEDIC CLINICAL RESEARCH
          		SUITE 4875 HI SITE QE II HSC 1797
    SUMMER ST HALIFAX
    HALIFAX,NOVA SCOTIAB3H3A7
    CA     		2015-03-19 75,000 TO SUPPORT SALARY AND BENEFITS FOR ONE OR MORE FELLOWS PER YEAR INCLUDING EDUCATION AND/OR RESEARCH PURPOSES TO SUPPORT THE FELLOW AND THE PROGRAM. 75,000 NONE, TO THE KNOWLEDGE OF THE FOUNDATION AND BASED ON GRANTEE REPORT MARCH 28, 2016 2015-11-18 AONACF REVIEWED THE GRANT REPORTS BUT DID NOT UNDERTAKE ANY VERIFICATION OF THE GRANTEE'S REPORTS AS THERE HAS NOT BEEN ANY REASON TO DOUBT ACCURACY OR RELIABILITY.
    SUNNYBROOK ORTHOPAEDIC ASSOCIATION
          		2075 BAYVIEW AVE RM MG 317
    TORONTO,ONTARIOM4N3M5
    CA     		2015-03-30 75,000 TO SUPPORT SALARY AND BENEFITS FOR ONE OR MORE FELLOWS PER YEAR INCLUDING EDUCATION AND/OR RESEARCH PURPOSES TO SUPPORT THE FELLOW AND THE PROGRAM. 75,000 NONE, TO THE KNOWLEDGE OF THE FOUNDATION AND BASED ON GRANTEE REPORT MARCH 31, 2016 2015-10-15 AONACF REVIEWED THE GRANT REPORTS BUT DID NOT UNDERTAKE ANY VERIFICATION OF THE GRANTEE'S REPORTS AS THERE HAS NOT BEEN ANY REASON TO DOUBT ACCURACY OR RELIABILITY.
    UNIVERSITY OF SASKATCHEWAN
          		B419 HEALTH SCIENCE BLDG 107
    WIGGINS RD
    SASKATOON,SASKATCHEWANS7N5E5
    CA     		2015-01-22 75,000 TO SUPPORT SALARY AND BENEFITS FOR ONE OR MORE FELLOWS PER YEAR INCLUDING EDUCATION AND/OR RESEARCH PURPOSES TO SUPPORT THE FELLOW AND THE PROGRAM. 75,000 NONE, TO THE KNOWLEDGE OF THE FOUNDATION AND BASED ON GRANTEE REPORT JANUARY 15, 2015 2015-12-31 AONACF REVIEWED THE GRANT REPORTS BUT DID NOT UNDERTAKE ANY VERIFICATION OF THE GRANTEE'S REPORTS AS THERE HAS NOT BEEN ANY REASON TO DOUBT ACCURACY OR RELIABILITY.

    TY 2015 LegalFeesSchedule
    Name:
    AO NORTH AMERICA CHARITABLE FOUNDATION
    EIN:
    23-2701788
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    PROF FEES - LEGAL 18,954 0   9,477


    TY 2015 OtherAssetsSchedule
    Name:
    AO NORTH AMERICA CHARITABLE FOUNDATION
    EIN:
    23-2701788
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    DEPOSITS 344,446    
    TEMPORARY ADVANCES 1,500    
    DEPOSITS IN TRANSIT 0    


    TY 2015 OtherDecreasesSchedule
    Name:
    AO NORTH AMERICA CHARITABLE FOUNDATION
    EIN:
    23-2701788
    Description Amount
    PRIOR PERIOD ADJUSTMENT 563,536


    TY 2015 OtherExpensesSchedule
    Name:
    AO NORTH AMERICA CHARITABLE FOUNDATION
    EIN:
    23-2701788
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ADVERTISING 6,009 0   6,009
    OFFICE EXPENSES 3,088 0   3,088
    INFORMATION TECHNOLOGY 8,548 0   8,548
    OTHER EXPENSES 14,123 0   16,069
    FOOD & BEVERAGE 496 0   496
    VETERINARY EXPENSE 950 0   1,700
    HONORARIA 21,859 0   21,859
    RISCIS STUDIES 2,470,391 0   2,285,603
    EDUCATION EXPENSES 37,607 0   37,607
    BANK FEES 1,129 0   1,129
    FELLOWSHIPS 723,507 0   573,562
    AIRS 5,253 0   5,253
    AOSPINE INT'L BOARD 2,053 0   2,053


    TY 2015 OtherLiabilitiesSchedule
    Name:
    AO NORTH AMERICA CHARITABLE FOUNDATION
    EIN:
    23-2701788
    Description Beginning of Year - Book Value End of Year - Book Value
    DEPOSITS PAYABLE 4,455 0


    TY 2015 OtherProfessionalFeesSchedule
    Name:
    AO NORTH AMERICA CHARITABLE FOUNDATION
    EIN:
    23-2701788
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    OTHER FEES - OUTSIDE SERVICES 28,202 0   28,202