Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
right arrowDo not enter social security numbers on this form as it may be made public.
right arrowGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0047
2023
Open to Public Inspection
For calendar year 2023, or tax year beginning 01-01-2023 , and ending 12-31-2023
Name of foundation
THE FELLOWSHIP OF ORTHOPAEDIC
RESEARCHERS
Number and street (or P.O. box number if mail is not delivered to street address)320 HAMMOND HIGHWAY 406
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
METAIRIE, LA70005
A Employer identification number

64-0920136
B Telephone number (see instructions)

(504) 309-9845
C right arrow
G Check all that apply:

D 1. Foreign organizations, check here............. right arrow
2. Foreign organizations meeting the 85%
test, check here and attach computation ... right arrow
E right arrow
H Check type of organization:
F right arrow
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)right arrow$1,037,920J 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) 712,500
2 Check right arrow.............
3 Interest on savings and temporary cash investments 2 2 2
4 Dividends and interest from securities... 37,235 37,235 37,235
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 -1,733
b Gross sales price for all assets on line 6a 345,112
7 Capital gain net income (from Part IV, line 2)... 0
8 Net short-term capital gain......... 0
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........ 748,004 37,237 37,237
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 620,509 0 0 0
14 Other employee salaries and wages...... 45,650 0 37,963 7,687
15 Pension plans, employee benefits....... 14,960 0 4,290 10,670
16a Legal fees (attach schedule)......... Click to see attachment
List of Attached Documents:
// Content
130,243 0 7,011 123,233
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
5,250 53 328 4,869
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
78,220 0 454 73,453
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
41,464 437 2,574 38,454
19 Depreciation (attach schedule) and depletion... Click to see attachment
List of Attached Documents:
// Content
23,696 0 23,696
20 Occupancy.............. 48,294 0 1,042 47,252
21 Travel, conferences, and meetings....... 4,336 0 118 4,219
22 Printing and publications.......... 342 0 0 342
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
76,742 0 1,268 75,476
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 1,089,706 490 78,744 385,655
25 Contributions, gifts, grants paid....... 0 0
26 Total expenses and disbursements. Add lines 24 and 25 1,089,706 490 78,744 385,655
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -341,702
b Net investment income (if negative, enter -0-) 36,747
c Adjusted net income (if negative, enter -0-)... 0
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2023)
Form 990-PF (2023)
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............. 170,349 245,035 245,035
2 Savings and temporary cash investments......... 1,054,818 719,508 719,508
3 Accounts receivable right arrow  
Less: allowance for doubtful accounts right arrow        
4 Pledges receivable right arrow  
Less: allowance for doubtful accounts right arrow        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) right arrow  
Less: allowance for doubtful accounts right arrow        
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 right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule)..........      
14 Land, buildings, and equipment: basis right arrow1,157,946
Less: accumulated depreciation (attach schedule) right arrow1,084,569 97,073 Click to see attachment
List of Attached Documents:
// Content
73,377 		73,377
15 Other assets (describe right arrow)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 1,322,240 1,037,920 1,037,920
Liabilities 17 Accounts payable and accrued expenses.......... 9,019 66,402
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 right arrow)    
23 Total liabilities (add lines 17 through 22)......... 9,019 66,402
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here right arrow
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions........... 1,313,221 971,518
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here right arrow
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........    
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds    
29 Total net assets or fund balances (see instructions)..... 1,313,221 971,518
30 Total liabilities and net assets/fund balances (see instructions). 1,322,240 1,037,920
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 29 (must agree with end-of-year figure reported on prior year’s return) ...............
1
1,313,221
2
Enter amount from Part I, line 27a .....................
2
-341,702
3
Other increases not included in line 2 (itemize) right arrow
3
0
4
Add lines 1, 2, and 3 ..........................
4
971,519
5
Decreases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
5
1
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
971,518
Form 990-PF (2023)
Form 990-PF (2023)
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.)
1 a JPM MANAGED INCOME FUND   2019-05-23 2023-02-24
b JPM MANAGED INCOME FUND   2019-05-23 2023-04-20
c JPM MANAGED INCOME FUND   2019-05-23 2023-05-26
d JPM MANAGED INCOME FUND   2019-05-23 2023-09-14
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 95,024   95,381 -357
b 100,026   100,403 -377
c 75,024   75,603 -579
d 75,038   75,458 -420
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       -357
b       -377
c       -579
d       -420
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 -1,733
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 0
Part V
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a Exempt operating foundations described in section 4940(d)(2), check here right arrow and enter “N/A" on line 1. Bracket for line 1a
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions) 1 511
b All other domestic foundations enter 1.39% (0.0139) of line 27b. Exempt foreign organizations enter 4% (0.04) 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........................... 3 511
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- ..... 5 511
6 Credits/Payments:
a 2023 estimated tax payments and 2022 overpayment credited to 2023 6a 0
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 0
d Backup withholding erroneously withheld .......... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 0
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 11
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......right arrow 9 522
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...right arrow 10  
11 Enter the amount of line 10 to be: Credited to 2024 estimated taxright arrow   Refundedright arrow 11  
Form 990-PF (2023)
Form 990-PF (2023)
Page 4
Part VI-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 the instructions
for the 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. right arrow$ 0(2) On foundation managers.right arrow$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.right arrow$ 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:
round bullet By language in the governing instrument, or
round bullet 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 XIV..................................
7
Yes
 
8a
Enter the states to which the foundation reports or with which it is registered (see instructions)
right arrowLA
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 2023 or the taxable year beginning in 2023? See the instructions for Part XIII.
If "Yes," complete Part XIII .............................
9
Yes
 
10
Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
and addresses. ...............................
10
 
No
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 addressright arrowWWW.FORBONES.ORG
14
The books are in care ofright arrowSTEPHEN COOK PHD Telephone no.right arrow (504) 309-9845

Located atright arrow320 HAMMOND HWY SUITE 406METAIRIELA ZIP+4right arrow70005
15
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........right arrow
and enter the amount of tax-exempt interest received or accrued during the year ........right arrow
15
 
16 At any time during calendar year 2023, 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 the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
country right arrow
Form 990-PF (2023)
Form 990-PF (2023)
Page 5
Part VI-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? ...........
1a(1)
 
No
(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
a disqualified person? ..............................
1a(2)
 
No
(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
1a(3)
 
No
(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
1a(4)
Yes
 
(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)? ......................
1a(5)
 
No
(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.) ...............
1a(6)
 
No
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
c
Organizations relying on a current notice regarding disaster assistance check here ........right arrow
d
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 2023? .............
1d
 
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 2023, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2023?....................
2a
 
No
If "Yes," list the years right arrow20, 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.
right arrow20, 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? ..............................
3a
 
No
b
If "Yes," did it have excess business holdings in 2023 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 2023.) .....................
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 2023? ..
4b
 
No
Form 990-PF (2023)
Form 990-PF (2023)
Page 6
Part VI-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:
Yes
No
(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........
5a(1)
 
No
(2) Influence the outcome of any specific public election (see section 4955); or to carry
on, directly or indirectly, any voter registration drive? ....................
5a(2)
 
No
(3) Provide a grant to an individual for travel, study, or other similar purposes? .............
5a(3)
 
No
(4) Provide a grant to an organization other than a charitable, etc., organization described
in section 4945(d)(4)(A)? See instructions ........................
5a(4)
 
No
(5) Provide for any purpose other than religious, charitable, scientific, literary, or
educational purposes, or for the prevention of cruelty to children or animals? .............
5a(5)
 
No
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
 
 
c
Organizations relying on a current notice regarding disaster assistance check .........right arrow
d
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? .................
5d
 
 
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? .............................
6a
 
No
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?
7a
 
No
b
If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? .....
7b
 
 
8
Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
excess parachute payment during the year? .........................
8
 
No
Part VII
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
SAMANTHA L SALKELD DIRECTOR
40.00 		150,755 16,614 750
410 HECTOR AVENUE
NEW ORLEANS,LA70005
STEPHEN D COOK PHD DIRECTOR
40.00 		232,802 15,502 720
410 HECTOR AVENUE
NEW ORLEANS,LA70005
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
LAURA PATRON STAFF
40.00 		111,204 15,477 720
114 COUNTRY MANOR RD
BELLE CHASSE,LA70037
LIAM NOLAN STAFF
40.00 		71,671 6,484 720
7220 PITT STREET
NEW ORLEANS,LA70118
Total number of other employees paid over $50,000...................right arrow 0
Form 990-PF (2023)
Form 990-PF (2023)
Page 7
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors (continued)
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
GRIMES & YVON LLP PATENT ATTORNEY FEES 99,703
11 BROADWAY SUITE 615
NEW YORK,NY10004
Total number of others receiving over $50,000 for professional services.............right arrow0
Part VIII-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 CARTILAGE (CARTILAGE REPAIR & 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 SUCCESSFULLY DEVELOPED A NOVEL MINIMALLY INVASIVE DEVICE TO REPLACE THE LOST AND DAMAGED CARTILAGE AND BONE IN THE MEDIAL CONDYLE AND THE PATELLA OF THE KNEE IN THESE PATIENTS. THIS TECHNOLOGY HAS BEEN FULLY DEVELOPED INTO A CLINICAL TRIAL READY IMPLANT SYSTEM. DURING 2023, THE FOUNDATION CONTINUED TO EXPLORE PARTNERS AND DONORS TO MAKE THIS TREATMENT AVAILABLE TO PATIENTS. THE INTELLECTUAL PROPERTY DEVELOPED HAS BEEN MAINTAINED AND THE R AND D ACTIVITIES ARE WINDING DOWN. OPPORTUNITIES TO EXPLOIT THE TECHNOLOGY WERE SOUGHT. 8,521
2 BROWN PROSTHESIS (DIRECT TO SKELETON ATTACHMENT PROSTHESIS PROGRAM)THE PROSTHETIC ATTACHMENT PROGRAM DEVELOPED 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 ARE HELD IN MECHANICAL EQUILIBRIUM, ELIMINATING PAIN AND SOFT TISSUE COMPLICATIONS ASSOCIATED WITH TRADITIONAL LIMB PROSTHESES. THIS PROGRAM HAS CONCLUDED AND THE TECHNOLOGY AND KNOWLEDGE GAINED WILL BE TRANSITIONED TO THE MAGNETIC SPINAL APPLICATIONS PROGRAM AS WELL AS SHARED WITH COLLABORATORS. PROTECTION OF INTELLECTUAL PROPERTIES THAT WERE DEVELOPED AS PART OF THIS PROGRAM WILL CONTINUE TO BE AN ONGOING ACTIVITY, HOWEVER, NO EXPENSES WERE INCURRED DURING THE 2023 CALENDAR YEAR. 0
3 MAGNETIC SPINAL APPLICATIONS PROGRAM INSTABILITY AND DEGENERATION OF THE SPINE IS A DEBILITATING CONDITION THAT AFFECTS MILLIONS OF PEOPLE. TREATMENTS TYPICALLY INVOLVE SURGICAL STABILIZATION WITH VARYING RESULTS AND WIDE VARIATION IN OUTCOMES. IN 2020, FOR BEGAN RESEARCH AND DEVELOPMENT ON THE MAGNETIC SPINAL APPLICATIONS PROGRAM TO BUILD ON THE TECHNOLOGIES AND APPLY KNOWLEDGE GAINED IN EARLIER RELATED BASIC SCIENCE PROGRAMS. YEAR 2023 ACTIVITIES INCLUDED FURTHER 3-DIMENSIONAL MODELLING OF OPTIMIZED MAGNETIC FIELD CONFIGURATION, SIMULATED IMPLANT DESIGNS, AND THEIR INTERACTIONS WITH MODELS OF THE HUMAN BODY WERE CONDUCTED. OTHER ACTIVITIES AND ACHIEVEMENTS IN 2023 INCLUDED THE DEVELOPMENT AND MANUFACTURE OF A MAGNETIC SYSTEM FOR USE IN THE CERVICAL SPINE. THE REGULATORY STRATEGY WAS IMPLEMENTED AND SAFETY AND EFFICACY TESTING BEGUN ON THE PROTOTYPE SYSTEM. SOURCED VENDORS FOR MAGNETIC MATERIALS AND COATING WERE CONTRACTED AND INITIAL DEVICES DEVELOPED IN COOPERATION. 285,052
4 SCOLIOSIS MAGNETIC SPINE APPLICATION PROGRAM SCOLIOSIS IS A SIDEWAYS CURVATURE OF THE SPINE MOST OFTEN DIAGNOSED IN ADOLESCENTS. THE CAUSE OF MOST SCOLIOSIS IS UNKNOWN AND TERMED "ADOLESCENT IDIOPATHIC SCOLIOSIS OR AIS. IN GENERAL, SCOLIOSIS IS A PROGRESSIVE CONDITION, MEANING THAT IN SOME PATIENTS IT HAS A TENDENCY TO WORSEN WITH AGE WITHOUT CLINICALLY MEANINGFUL INTERVENTION. THE FOR APPROACH TO TREATING AIS IS INTENDED TO REDUCE THE EXTENT AND FREQUENCY OF OPERATIVE INTERVENTIONS, THUS REDUCING THE OVERALL MORBIDITY AND RISK TO THE PATIENT. THE OVERALL GOAL OF THE SCOLIOSIS SPINE PROGRAM IS TO DEVELOP A METHOD TO TREAT AIS USING MAGNET TECHNOLOGY TO CORRECT SPINE CURVATURE AND PREVENT SCOLIOTIC CURVE PROGRESSION. THE SCOLIOSIS PROGRAM BEGAN IN 2023 AND MAJOR ACTIVITIES INCLUDED TRANSITIONING AND BUILDING UPON THE MAGNET SPINE APPLICATIONS TO BE UTILIZED IN THE SCOLIOSIS APPLICATION. IN ADDITION, PROTECTION OF INTELLECTUAL PROPERTIES FOR MAG. SPINE APP. PROGRAM WILL CONTINUE. 545,816
Part VIII-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.........................right arrow0
Form 990-PF (2023)
Form 990-PF (2023)
Page 8
Part IX
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
823,476
b
Average of monthly cash balances.......................
1b
131,546
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, b, and c).........................
1d
955,022
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
955,022
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
14,325
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
940,697
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
47,035
Part X
Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here right arrow and do not complete this part.)
1
Minimum investment return from Part IX, line 6..................
1
 
2a
Tax on investment income for 2022 from Part V, line 5.......
2a
 
b
Income tax for 2022. (This does not include the tax from Part V.) ...
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 instructions).................
6
 
7
Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...
7
 
Part XI
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
385,655
b
Program-related investments—total from Part VIII-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 XII, line 4. .......
4
385,655
Form 990-PF (2023)
Form 990-PF (2023)
Page 9
Part XII
Undistributed Income (see instructions)
(a)
Corpus 		(b)
Years prior to 2022 		(c)
2022 		(d)
2023
1 Distributable amount for 2023 from Part X, line 7  
2 Undistributed income, if any, as of the end of 2022:
a Enter amount for 2022 only.......  
b Total for prior years:20 , 20, 20  
3 Excess distributions carryover, if any, to 2022:
a From 2018......  
b From 2019......  
c From 2020......  
d From 2021......  
e From 2022......  
f Total of lines 3a through e ........  
4Qualifying distributions for 2023 from Part
XI, line 4: right arrow$  
a Applied to 2022, but not more than line 2a  
b Applied to undistributed income of prior years
(Election required—see instructions)..... 		 
c Treated as distributions out of corpus (Election
required—see instructions)........ 		 
d Applied to 2023 distributable amount.....  
e Remaining amount distributed out of corpus  
5 Excess distributions carryover applied to 2023.    
(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 instructions ........... 		 
e Undistributed income for 2022. Subtract line
4a from line 2a. Taxable amount—see
instructions ............. 		 
f Undistributed income for 2023. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2024 .......... 		 
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) ....... 		 
8 Excess distributions carryover from 2018 not
applied on line 5 or line 7 (see instructions) ... 		 
9 Excess distributions carryover to 2024.
Subtract lines 7 and 8 from line 6a ...... 		 
10 Analysis of line 9:
a Excess from 2019....  
b Excess from 2020....  
c Excess from 2021....  
d Excess from 2022....  
e Excess from 2023....  
Form 990-PF (2023)
Form 990-PF (2023)
Page 10
Part XIII
Private Operating Foundations (see instructions and Part VI-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 2023, enter the date of the ruling ...... right arrow
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 IX for each
year listed .......... 		Tax year Prior 3 years (e) Total
(a) 2023 (b) 2022 (c) 2021 (d) 2020
0 0 84,780 0 84,780
b 85% (0.85) of line 2a ......... 0 0 72,063 0 72,063
c Qualifying distributions from Part XI,
line 4 for each year listed ..... 		385,655 608,671 598,379 512,243 2,104,948
d Amounts included in line 2c not used directly
for active conduct of exempt activities .......... 		0 0 0 0 0
e Qualifying distributions made directly
for active conduct of exempt activities.
Subtract line 2d from line 2c .... 		385,655 608,671 598,379 512,243 2,104,948
3 Complete 3a, b, or c for the
alternative test relied upon:
a “Assets" alternative test—enter:
(1) Value of all assets ......         0
(2) Value of assets qualifying
under section 4942(j)(3)(B)(i)		         0
b “Endowment" alternative test— enter 2/3
of minimum investment return shown in
Part IX, line 6 for each year listed .. 		31,357 20,775 56,520 60,054 168,706
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) .... 		        0
(2) Support from general public
and 5 or more exempt
organizations as provided in
section 4942(j)(3)(B)(iii).... 		        0
(3) Largest amount of support
from an exempt organization		         0
(4) Gross investment income         0
Part XIV
Supplementary Information (Complete this part only if the foundation 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 right arrow
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 (2023)
Form 990-PF (2023)
Page 11
Part XIV
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 .................................right arrow 3a 0
bApproved for future payment
Total ................................. right arrow 3b 0
Form 990-PF (2023)
Form 990-PF (2023)
Page 12
Part XV-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 2  
4 Dividends and interest from securities ....     14 37,235  
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 ............ 		    18 -1,733  
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 35,504 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
35,504
(See worksheet in line 13 instructions to verify calculations.)
Part XV-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 XV-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 (2023)
Form 990-PF (2023)
Page 13
Part XVI
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) (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) (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.
right arrow right arrow
May the IRS discuss this return
with the preparer shown below?
See instructions.
Signature of officer or trustee Date Title
Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date Check if self-
employed right arrow		 PTIN
Firm's name SmallBullet
 Firm's EIN SmallBullet
Firm's address SmallBullet


 Phone no.
Form 990-PF (2023)
Additional Data


Software ID:  
Software Version:  


Form 990PF - Special Condition Description:
Special Condition Description
Schedule B
(Form 990)
Department of the Treasury
Internal Revenue Service
Schedule of Contributors

Arrow Bullet Attach to Form 990, 990-EZ, or 990-PF.
Arrow Bullet Go to www.irs.gov/Form990 for the latest information.
OMB No. 1545-0047
2023
Name of the organization
THE FELLOWSHIP OF ORTHOPAEDIC
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 isn't covered by the General Rule and/or the Special Rules doesn't 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 doesn't 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) (2023)
Schedule B (Form 990) (2023) Page 2
Name of organization
THE FELLOWSHIP OF ORTHOPAEDIC
RESEARCHERS 		Employer identification number
64-0920136
Part I
Contributors
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
THE MARSHALL HERITAGE FOUNDATION
 
7001 PRESTON RD STE 400
 
DALLAS, TX75205

$ 712,500


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

$  


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

$  


(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) (2023)
Schedule B (Form 990) (2023)
Page 3
Name of organization
THE FELLOWSHIP OF ORTHOPAEDIC
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) (2023)
Schedule B (Form 990) (2023)
Page 4
Name of organization
THE FELLOWSHIP OF ORTHOPAEDIC
RESEARCHERS 		Employer identification number

64-0920136
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) (2023)
Additional Data


Software ID:  
Software Version:  

TY 2023 AccountingFeesSchedule
Name:
THE FELLOWSHIP OF ORTHOPAEDIC
 
RESEARCHERS
EIN:
64-0920136
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
ACCOUNTING & BOOKKEEPING 5,250 53 328 4,869

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

TY 2023 DepreciationSchedule
Name:
THE FELLOWSHIP OF ORTHOPAEDIC
 
RESEARCHERS
EIN:
64-0920136
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
COMPUTER EQUIPMENT 2008-05-15 2,618 2,618 SL 5.000000000000 0 0 0  
ENGATECH PRINTER 2009-12-21 41,400 41,400 SL 5.000000000000 0 0 0  
COMPUTER & MEMORY 2010-01-12 6,613 6,613 SL 5.000000000000 0 0 0  
COMPUTER FOR INSTRON 2011-03-27 737 737 SL 5.000000000000 0 0 0  
3D PRINTER 2011-06-09 4,021 4,021 SL 5.000000000000 0 0 0  
DESK FILE CABINETS 2004-02-04 2,133 2,133 SL 7.000000000000 0 0 0  
DESK CHAIR 2004-02-04 326 326 SL 7.000000000000 0 0 0  
FURNITURE 2005-07-29 912 912 SL 7.000000000000 0 0 0  
CHAIRS 2005-10-03 87 87 SL 7.000000000000 0 0 0  
OFFICE CHAIRS & TABLES 2005-10-10 145 145 SL 7.000000000000 0 0 0  
FILING CABINET 2006-12-04 1,574 1,574 SL 7.000000000000 0 0 0  
BOOKCASES 2006-12-04 522 522 SL 7.000000000000 0 0 0  
OFFICE FURNITURE 2007-02-21 5,337 5,337 SL 7.000000000000 0 0 0  
PHONE SYSTEM 2007-02-12 3,840 3,840 SL 5.000000000000 0 0 0  
OFFICE FURNITURE 2007-10-04 600 600 SL 7.000000000000 0 0 0  
OFFICE FURNITURE 2007-10-30 637 637 SL 7.000000000000 0 0 0  
3D PRINTER STAND 2010-01-11 482 482 SL 7.000000000000 0 0 0  
DESKS 2010-01-11 1,260 1,260 SL 7.000000000000 0 0 0  
BOOK CASES 2010-08-11 1,088 1,088 SL 7.000000000000 0 0 0  
BOOK CASES 2011-05-16 1,213 1,213 SL 7.000000000000 0 0 0  
LAB RENOVATIONS 2010-07-01 57,703 18,499 SL 39.000000000000 1,480 0 1,480  
MOTION TRACKING SYSTEM - PMT 1 2001-10-01 16,479 16,479 SL 7.000000000000 0 0 0  
MOTION TRACKING SYSTEM - PMT 2 2002-01-01 16,479 16,479 SL 7.000000000000 0 0 0  
MOTION TRACKING SYSTEM SOFTWARE 2002-10-28 2,100 2,100 SL 7.000000000000 0 0 0  
MOTION TRACKING SYSTEM ADDITION 2002-11-04 8,690 8,690 SL 7.000000000000 0 0 0  
SURGICAL INSTRUMENTS 2003-10-01 733 733 SL 7.000000000000 0 0 0  
SURGICAL INSTRUMENTS 2003-11-05 388 388 SL 7.000000000000 0 0 0  
LASER PARTICAL COUNTER 2004-06-21 11,000 11,000 SL 7.000000000000 0 0 0  
PURE AIR FUME HOOD 2004-07-31 2,252 2,252 SL 7.000000000000 0 0 0  
CENTRIFUGE 2005-03-23 219 219 SL 7.000000000000 0 0 0  
TRANSFORMER 2005-05-21 1,414 1,414 SL 7.000000000000 0 0 0  
INSTRON SYSTEM 2005-06-21 88,082 88,082 SL 7.000000000000 0 0 0  
MONITOR 2005-07-11 289 289 SL 5.000000000000 0 0 0  
DEEP FREEZE 2005-07-11 490 490 SL 7.000000000000 0 0 0  
STAINLESS STEELE TABLE 2005-07-29 202 202 SL 7.000000000000 0 0 0  
CABINETS 2005-10-03 1,933 1,933 SL 7.000000000000 0 0 0  
SURGICAL LIGHTS 2005-10-03 255 255 SL 7.000000000000 0 0 0  
FUME HOOD 2005-12-05 4,431 4,431 SL 7.000000000000 0 0 0  
CABINET 2006-04-11 550 550 SL 7.000000000000 0 0 0  
LAB FLOORING 2007-03-02 2,188 2,188 SL 7.000000000000 0 0 0  
REFRIGERATOR 2007-01-30 609 609 SL 7.000000000000 0 0 0  
FILTRATION EQUIPMENT 2007-04-19 1,067 1,067 SL 7.000000000000 0 0 0  
SENSORS 2007-05-02 1,985 1,985 SL 7.000000000000 0 0 0  
CAPTAIR FUME HOOD 2007-07-27 1,318 1,318 SL 7.000000000000 0 0 0  
LINEAR ABRASER TABER 2007-04-12 6,150 6,150 SL 7.000000000000 0 0 0  
WORKTABLE 2008-04-07 283 283 SL 7.000000000000 0 0 0  
X-RAY MACHINE 2008-10-03 107,264 107,264 SL 7.000000000000 0 0 0  
WATER FILTRATION LAB EQ 2010-03-16 4,915 4,915 SL 7.000000000000 0 0 0  
COMPRESSION LOAD CELL 2011-12-16 583 583 SL 5.000000000000 0 0 0  
LAB WASHER & ACCESSORIES 2010-04-21 9,640 9,640 SL 7.000000000000 0 0 0  
ACID STORAGE CABINET 2010-09-16 1,008 1,008 SL 7.000000000000 0 0 0  
INSTRUMENT CASES 2011-09-07 21,001 21,001 SL 7.000000000000 0 0 0  
SENSOR SYSTEM 2011-11-22 6,150 6,150 SL 5.000000000000 0 0 0  
ABAQUS RESEARCH SOFTWARE 2010-08-30 3,025 3,025 SL 3.000000000000 0 0 0  
3D APPLICATION SOFTWARE 2010-09-30 12,075 12,075 SL 3.000000000000 0 0 0  
ACROBAT SOFTWARE 2010-12-03 299 299 SL 3.000000000000 0 0 0  
ACROBAT SOFTWARE 2011-02-28 598 598 SL 3.000000000000 0 0 0  
LAPTOP COMPUTER 2012-02-10 1,087 1,087 SL 5.000000000000 0 0 0  
REFRIGERATED CENTRIFUGE 2012-04-20 9,333 9,333 SL 7.000000000000 0 0 0  
CT SCANNER 2012-09-14 316,584 316,584 SL 7.000000000000 0 0 0  
COMPUTER FOR CT SCANNER 2012-09-25 8,603 8,603 SL 5.000000000000 0 0 0  
INSTRON HOSES 2012-10-18 427 427 SL 7.000000000000 0 0 0  
MICRO CT TABLE 2012-10-22 745 745 SL 7.000000000000 0 0 0  
CONFERENCE TABLE 2012-05-17 1,639 1,639 SL 7.000000000000 0 0 0  
DEDICATED CIRCUITS 2012-11-20 2,052 534 SL 39.000000000000 53 0 53  
MICROSOFT OFFICE SUITE 2012-02-13 207 207 SL 3.000000000000 0 0 0  
NETWORK DRIVE 2013-09-11 1,466 1,466 SL 5.000000000000 0 0 0  
VIDEO MONITOR, CONNECTORS TO CAMERA 2013-09-26 2,826 2,826 SL 5.000000000000 0 0 0  
SCALE 2013-01-02 2,240 2,240 SL 7.000000000000 0 0 0  
SCANNING ELECTRON MICROSCOPE 2013-08-16 148,638 148,638 SL 7.000000000000 0 0 0  
LIGHTHEAD WITH CAMERA PROJECTION 2013-08-29 17,814 17,814 SL 7.000000000000 0 0 0  
DEDICATED CIRCUITS 2013-09-26 3,529 833 SL 39.000000000000 90 0 90  
PAINTING 2013-08-15 730 179 SL 39.000000000000 19 0 19  
DESIGN SOFTWARE 2013-11-05 815 815 SL 3.000000000000 0 0 0  
SCANNING ELECTRON MICROSCOPE ADDITIONS 2014-01-16 1,717 1,717 SL 7.000000000000 0 0 0  
WIRELESS MICROPHONE AUDIO SOUND SYSTEM 2014-01-30 3,650 3,647 SL 7.000000000000 0 0 0  
EQUIPMENT HOSES 2014-05-13 1,885 1,885 SL 7.000000000000 0 0 0  
FILE CABINETS 2014-06-12 2,049 2,049 SL 7.000000000000 0 0 0  
DELL COMPUTER 2015-08-16 1,108 1,108 SL 5.000000000000 0 0 0  
DELL COMPUTER 2015-08-26 1,706 1,706 SL 5.000000000000 0 0 0  
DELL COMPUTER (DW) 2016-06-01 568 568 SL 5.000000000000 0 0 0  
DELL COMPUTER (JMAG) 2016-11-21 1,689 1,689 SL 5.000000000000 0 0 0  
LAUDA E10 HEATING CIRCULATOR 2016-10-04 745 663 SL 7.000000000000 82 0 82  
TEKSCAN, INC FSVW2, F-SOCKET VERSA TEK WIRELESS SYSTEM 2016-11-22 19,821 17,228 SL 7.000000000000 2,593 0 2,593  
DESK, TABLE AND CHAIR -USED VOA 2016-06-03 100 92 SL 7.000000000000 8 0 8  
QB AND ADOBE (DW) 2016-06-02 105 105 SL 3.000000000000 0 0 0  
MS OFFICE PROF PLUS (DW) 2016-07-10 169 169 SL 3.000000000000 0 0 0  
MS OFFICE 2016 (JMAG) 2016-12-15 252 252 SL 3.000000000000 0 0 0  
DIGITAL MICROSCOPE - VHX-6000 2017-08-21 63,792 48,603 SL 7.000000000000 9,113 0 9,113  
MS OFFICE SOFTWARE 2017-02-07 241 241 SL 3.000000000000 0 0 0  
KEYENCE VH-ZST ZOOM LENS 2018-08-21 17,032 14,759 SL 5.000000000000 2,273 0 2,273  
OBJET 30 PRIME V3.0 3D PRINTER (MAG SPINE) 2020-06-05 46,427 17,133 SL 7.000000000000 6,632 0 6,632  
DELL XPS 8930 BASE 3D (MAG SPINE IMPLANTS) 2020-06-20 840 420 SL 5.000000000000 168 0 168  
DELL XPS 8930 SYSTEM LP (MAG SPINE APPL) 2020-06-22 2,563 1,282 SL 5.000000000000 513 0 513  
DELL PRECISION 5820 DESIGN (MAG SPINE APPL) 2020-12-04 3,360 1,400 SL 5.000000000000 672 0 672  

TY 2023 LandEtcSchedule2
Name:
THE FELLOWSHIP OF ORTHOPAEDIC
 
RESEARCHERS
EIN:
64-0920136
Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
COMPUTER EQUIPMENT 2,618 2,618 0  
ENGATECH PRINTER 41,400 41,400 0  
COMPUTER & MEMORY 6,613 6,613 0  
COMPUTER FOR INSTRON 737 737 0  
3D PRINTER 4,021 4,021 0  
DESK FILE CABINETS 2,133 2,133 0  
DESK CHAIR 326 326 0  
FURNITURE 912 912 0  
CHAIRS 87 87 0  
OFFICE CHAIRS & TABLES 145 145 0  
FILING CABINET 1,574 1,574 0  
BOOKCASES 522 522 0  
OFFICE FURNITURE 5,337 5,337 0  
PHONE SYSTEM 3,840 3,840 0  
OFFICE FURNITURE 600 600 0  
OFFICE FURNITURE 637 637 0  
3D PRINTER STAND 482 482 0  
DESKS 1,260 1,260 0  
BOOK CASES 1,088 1,088 0  
BOOK CASES 1,213 1,213 0  
LAB RENOVATIONS 57,703 19,979 37,724  
MOTION TRACKING SYSTEM - PMT 1 16,479 16,479 0  
MOTION TRACKING SYSTEM - PMT 2 16,479 16,479 0  
MOTION TRACKING SYSTEM SOFTWARE 2,100 2,100 0  
MOTION TRACKING SYSTEM ADDITION 8,690 8,690 0  
SURGICAL INSTRUMENTS 733 733 0  
SURGICAL INSTRUMENTS 388 388 0  
LASER PARTICAL COUNTER 11,000 11,000 0  
PURE AIR FUME HOOD 2,252 2,252 0  
CENTRIFUGE 219 219 0  
TRANSFORMER 1,414 1,414 0  
INSTRON SYSTEM 88,082 88,082 0  
MONITOR 289 289 0  
DEEP FREEZE 490 490 0  
STAINLESS STEELE TABLE 202 202 0  
CABINETS 1,933 1,933 0  
SURGICAL LIGHTS 255 255 0  
FUME HOOD 4,431 4,431 0  
CABINET 550 550 0  
LAB FLOORING 2,188 2,188 0  
REFRIGERATOR 609 609 0  
FILTRATION EQUIPMENT 1,067 1,067 0  
SENSORS 1,985 1,985 0  
CAPTAIR FUME HOOD 1,318 1,318 0  
LINEAR ABRASER TABER 6,150 6,150 0  
WORKTABLE 283 283 0  
X-RAY MACHINE 107,264 107,264 0  
WATER FILTRATION LAB EQ 4,915 4,915 0  
COMPRESSION LOAD CELL 583 583 0  
LAB WASHER & ACCESSORIES 9,640 9,640 0  
ACID STORAGE CABINET 1,008 1,008 0  
INSTRUMENT CASES 21,001 21,001 0  
SENSOR SYSTEM 6,150 6,150 0  
ABAQUS RESEARCH SOFTWARE 3,025 3,025 0  
3D APPLICATION SOFTWARE 12,075 12,075 0  
ACROBAT SOFTWARE 299 299 0  
ACROBAT SOFTWARE 598 598 0  
LAPTOP COMPUTER 1,087 1,087 0  
REFRIGERATED CENTRIFUGE 9,333 9,333 0  
CT SCANNER 316,584 316,584 0  
COMPUTER FOR CT SCANNER 8,603 8,603 0  
INSTRON HOSES 427 427 0  
MICRO CT TABLE 745 745 0  
CONFERENCE TABLE 1,639 1,639 0  
DEDICATED CIRCUITS 2,052 587 1,465  
MICROSOFT OFFICE SUITE 207 207 0  
NETWORK DRIVE 1,466 1,466 0  
VIDEO MONITOR, CONNECTORS TO CAMERA 2,826 2,826 0  
SCALE 2,240 2,240 0  
SCANNING ELECTRON MICROSCOPE 148,638 148,638 0  
LIGHTHEAD WITH CAMERA PROJECTION 17,814 17,814 0  
DEDICATED CIRCUITS 3,529 923 2,606  
PAINTING 730 198 532  
DESIGN SOFTWARE 815 815 0  
SCANNING ELECTRON MICROSCOPE ADDITIONS 1,717 1,717 0  
WIRELESS MICROPHONE AUDIO SOUND SYSTEM 3,650 3,647 3  
EQUIPMENT HOSES 1,885 1,885 0  
FILE CABINETS 2,049 2,049 0  
DELL COMPUTER 1,108 1,108 0  
DELL COMPUTER 1,706 1,706 0  
DELL COMPUTER (DW) 568 568 0  
DELL COMPUTER (JMAG) 1,689 1,689 0  
LAUDA E10 HEATING CIRCULATOR 745 745 0  
TEKSCAN, INC FSVW2, F-SOCKET VERSA TEK WIRELESS SYSTEM 19,821 19,821 0  
DESK, TABLE AND CHAIR -USED VOA 100 100 0  
QB AND ADOBE (DW) 105 105 0  
MS OFFICE PROF PLUS (DW) 169 169 0  
MS OFFICE 2016 (JMAG) 252 252 0  
DIGITAL MICROSCOPE - VHX-6000 63,792 57,716 6,076  
MS OFFICE SOFTWARE 241 241 0  
KEYENCE VH-ZST ZOOM LENS 17,032 17,032 0  
OBJET 30 PRIME V3.0 3D PRINTER (MAG SPINE) 46,427 23,765 22,662  
DELL XPS 8930 BASE 3D (MAG SPINE IMPLANTS) 840 588 252  
DELL XPS 8930 SYSTEM LP (MAG SPINE APPL) 2,563 1,795 768  
DELL PRECISION 5820 DESIGN (MAG SPINE APPL) 3,360 2,072 1,288  


TY 2023 LegalFeesSchedule
Name:
THE FELLOWSHIP OF ORTHOPAEDIC
 
RESEARCHERS
EIN:
64-0920136
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
LEGAL FEES 130,243 0 7,011 123,233


TY 2023 OtherDecreasesSchedule
Name:
THE FELLOWSHIP OF ORTHOPAEDIC
 
RESEARCHERS
EIN:
64-0920136
Description Amount
ROUNDING 1


TY 2023 OtherExpensesSchedule
Name:
THE FELLOWSHIP OF ORTHOPAEDIC
 
RESEARCHERS
EIN:
64-0920136
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
BOOKS & REFERENCE MATERIALS 1,023 0 8 1,016
INSURANCE - GENERAL LIABILITY 1,171 0 73 1,098
INSURANCE - WORKERS COMP 2,586 0 162 2,425
LAB SUPPLIES 19 0 0 19
MAINTENANCE EXPENSE 45,691 0 0 45,691
MEMBERSHIPS 2,184 0 61 2,123
OFFICE EXPENSE 871 0 30 840
OFFICE SUPPLIES 2,322 0 219 2,103
POSTAGE 0 0 0 0
SHIPPING EXPENSE 230 0 40 189
STUDY EXPENSES 1,040 0 205 836
STUDY SUPPLIES 2,196 0 0 2,196
TELEPHONE & INTERNET 7,834 0 490 7,345
WEBSITE 86 0 0 86
OFFICE FURNITURE/EQUIP MINOR 849 0 0 849
PROTOTYPE DEVELOPMENT 8,012 0 0 8,012
EQUIPMENT EXPENSE 1,643 0 0 1,643
CONTINUING EDUCATION -975 0 0 -975
MISC. -40 0 -20 -20


TY 2023 OtherProfessionalFeesSchedule
Name:
THE FELLOWSHIP OF ORTHOPAEDIC
 
RESEARCHERS
EIN:
64-0920136
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
CONSULTING 4,313 0 0 0
PAYROLL FEES 1,906 0 119 1,787
COMPUTER SOFTWARE SUPPORT 69,805 0 198 69,607
RETIREMENT PLAN ADMIN FEES 2,196 0 137 2,059


TY 2023 TaxesSchedule
Name:
THE FELLOWSHIP OF ORTHOPAEDIC
 
RESEARCHERS
EIN:
64-0920136
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
PAYROLL TAX EXPENSE 40,980 410 2,561 38,009
TAXES & LICENSES 457 0 13 445
TAXES ON INVESTMENT INCOME 27 27 0 0