2013-09-13T17:56:06-05:00 2012-10-31 COHNREZNICK LLP 1900 AVENUE OF THE STARS 28TH FL LOS ANGELES CA 90067 990 2011-11-01 951644029 LOS ANGELES ORTHOPAEDIC HOSPITAL FOUNDATION % LOURDES ABCEDE LOSA 2137421037 403 WEST ADAMS BLVD LOS ANGELES CA 900072664 LOURDES ABCEDE 2013-09-13 true 3104773722 2011 2016-02-24 21:20:13Z X ORTHOPAEDIC FOUNDATION ANTHONY SCADUTO MD 403 WEST ADAMS BLVD LOS ANGELES CA 900072664 33849759 false X WWW.ORTHO-INSTITUTE.ORG X 1918 CA SEE SCHEDULE O 22 21 13 412 0 0 4383207 3051425 0 0 11685213 3477279 -19622 26355 16048798 6555059 10819329 9715760 0 0 1084662 1195825 0 0 761680 944634 974797 12848625 11886382 3200173 -5331323 163215786 169821938 2598073 2205913 160617713 167616025 X SEE SCHEDULE O false false 9671760 FINANCIAL SUPPORT - THE LOS ANGELES ORTHOPAEDIC HOSPITAL FOUNDATION PROVIDES FINANCIAL SUPPORT TO ORTHOPAEDIC HOSPITAL IN ORDER TO CARRY OUT ITS MISSION TO PROVIDE OUTSTANDING MEDICAL CARE FOR CHILDREN WITH MUSCULOSKELETAL DISORDERS, REGARDLESS OF ABILITY TO PAY, AND ADVANCE CARE WORLDWIDE FOR THOSE PATIENTS THROUGH MEDICAL EDUCATION AND SCIENTIFIC RESEARCH. THERE WERE 54,075 OUTPATIENT VISITS FOR FISCAL YEAR 2012. 191304 COMMUNITY SERVICES - THE LOS ANGELES ORTHOPAEDIC HOSPITAL FOUNDATION CONDUCTS A NUMBER OF COMMUNITY SERVICES. ONE OF THEM IS THE VOLUNTEER PROGRAM WHICH PROVIDES SUPPORT TO ORTHOPAEDIC HOSPITAL'S PATIENTS AND THEIR IMMEDIATE FAMILY MEMBERS. 412 VOLUNTEERS CONTRIBUTED 14,643 HOURS TO THE PROGRAM FOR FISCAL YEAR 2012. 158071 COMMUNITY OUTREACH - THE LOS ANGELES ORTHOPAEDIC HOSPITAL FOUNDATION GRANTS SCHOLARSHIPS TO PATIENTS OF ORTHOPAEDIC HOSPITAL AND TO GRADUATE STUDENTS OF ORTHOPAEDIC HOSPITAL MEDICAL MAGNET HIGH SCHOOL. THE RECIPIENTS ARE EVALUATED UNDER THREE CRITERIA: ACADEMIC RECORDS, COMMUNITY SERVICE AND PERSONAL QUALITIES. GRANTS ARE PAID DIRECTLY TO THE SCHOOLS WHERE STUDENTS ARE ACCEPTED FOR COLLEGE. 113836 OTHER PROGRAM SERVICES 113836 10134971 true true false false false false false false false true true true false false false true false true false false false false false false false false false true true true false false false false false false false false false false false false false true false false false false true 8 0 true 13 true false false false false false false false false false false false false false X 22 21 false false false false true true true true true false false true true true true true true true true false CA X LOURDES ABCEDE 2137421037 403 WEST ADAMS BLVD LOS ANGELES CA 900072664 X Christopher C Martin 2.0 X 0 0 0 Edward D Fox Jr 2.0 X 0 0 0 Meyer Luskin 2.0 X 0 0 0 William R Boyd Jr 2.0 X 0 0 0 Richard W Cook 2.0 X 0 0 0 Harold A Davidson DBACRA 2.0 X 0 0 0 Walid H Ghurabi DOFACEF 2.0 X 0 0 0 Lawrence B Gotlieb 2.0 X 0 0 0 Owen H Harper 2.0 X 0 0 0 Phyllis J McCray 2.0 X 0 0 0 Harold J Meyers 2.0 X 0 0 0 Mitch M Michino Esq 2.0 X 0 0 0 Hillary A Norton 2.0 X 0 0 0 Corina Villaraigosa 2.0 X 0 0 0 Richard E Giss 2.0 X 0 0 0 Jack R Borsting 2.0 X 0 0 0 Amy D'Ambra 2.0 X 0 0 0 Farrell D Foley 2.0 X 0 0 0 Joan Prestine 2.0 X 0 0 0 Ruth Wagner 2.0 X 0 0 0 Anthony Scaduto MD 8.0 X X 126082 504329 19932 James V Luck MD 2.0 X 0 0 0 Lourdes Abcede 16.0 X 83052 83052 4680 Milicent Faris 40.0 X 212021 0 19932 James V Luck MD 0.0 X 95729 382914 104309 516884 970295 148853 2 true true false 0 3051425 5561 3051425 0 3253672 3253672 0 71 71 27518307 27294700 223607 223607 223607 0 0 0 OTHER INCOME 900099 26284 26284 26284 6555059 3503634 9671760 9671760 44000 44000 0 0 447413 82648 100092 264673 0 367777 67937 82277 217563 44249 6410 7868 29971 336386 79549 55421 201416 0 0 10058 0 10058 0 60000 0 60000 0 0 0 0 6150 3690 2460 0 0 68764 23086 25765 19913 0 0 26004 2027 23977 0 19503 7999 8363 3141 0 0 0 0 34311 12408 21903 0 574 0 471 103 PURCHASED SERVICES 126697 11691 91349 23657 OTHER EXPENSES 510673 22259 487171 1243 BAD DEBT EXPENSE 99088 99088 0 0 DUES AND SUBSCRIPTIONS 9980 243 9737 0 2995 176 2819 11886382 10134971 989731 761680 154034 208416 0 0 97000 572192 0 0 0 0 0 0 0 0 0 0 12283 13144 736180 481114 274347 255066 139447286 152291408 22913654 16191584 0 0 0 0 317182 290128 163215786 169821938 2527793 2192523 0 0 70280 13390 0 0 0 0 0 0 0 0 0 0 0 0 2598073 2205913 X 116542395 122534506 18360755 18302380 25714563 26779139 160617713 167616025 163215786 169821938 X -5331323 12329635 X X false true true X false X X X false false false ORTHOPAEDIC HOSPITAL 951644604 03 true true true 9671760 1 9671760 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 25714415 549000 515000 26778415 25568415 372000 -226000 25714415 24591043 378000 599372 25568415 24486047 104996 24591043 1.00000 true false 126943 126943 356240 305794 50446 252997 175320 77677 255066 ALTERNATIVE INVESTMENTS 16191584 C 16191584 0 0 DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48 PART X THE ORGANIZATION HAS NO UNRECOGNIZED TAX BENEFITS AT OCTOBER 31, 2012 AND 2011. THE ORGANIZATION'S FEDERAL AND STATE INCOME TAX RETURNS PRIOR TO FISCAL YEAR 2009 AND 2008 RESPECTIVELY, ARE CLOSED AND MANAGEMENT CONTINUALLY EVALUATES EXPIRING STATUTES OF LIMITATIONS, AUDITS, PROPOSED SETTLEMENTS, CHANGES IN TAX LAW AND NEW AUTHORITATIVE RULINGS. true ORTHOPAEDIC HOSPITAL 403 WEST ADAMS BLVD LOS ANGELES CA 900072664 951644604 501(C)(3) 9671760 SEE PART IV MEDICAL CARE TO CHILDREN WITH MUSCOSKELETAL DISORDERS. 1 SCHOLARSHIP GRANTS 36 44000 SCHEDULE I, PART II, LINE 1, COLUMN H: SUPPORT TO CARRY OUT ITS MISSION TO PROVIDE MEDICAL CARE TO CHILDREN WITH MUSCULOSKELETAL DISORDERS X X X X X false false false false false false false false false James V Luck MD 95199 380796 0 0 530 2118 17741 70963 3121 12484 116591 466361 0 0 Lourdes Abcede 82079 82079 0 0 973 973 0 0 2340 2340 85392 85392 0 0 Milicent Faris 210251 0 0 0 1770 0 0 0 19932 0 231953 0 0 0 Anthony Scaduto MD 122753 491012 0 0 3329 13317 0 0 3986 15946 130068 520275 0 0 FORM 990, SCHEDULE J, PART II, LINE 1 COMPENSATION OF OFFICERS: JAMES V. LUCK, M.D. IS A FORMER BOARD MEMBER WHO RESIGNED HIS POSITION DURING FISCAL YEAR 2011. THE COMPENSATION LISTED IN PART VII AND SCHEDULE J IS DERIVED FROM HIS 2011 W-2. FORM 990, PART I & PART III MISSION STATEMENT: THE MISSION OF LOS ANGELES ORTHOPAEDIC HOSPITAL FOUNDATION IS TO SUPPORT THE MEDICAL CARE, RESEARCH AND EDUCATION ACTIVITIES OF ORTHOPAEDIC HOSPITAL, A 501(C)(3) CORPORATION. ORTHOPAEDIC HOSPITAL PROVIDES CARE FOR CHILDREN WITH MUSCULOSKELETAL DISORDERS, REGARDLESS OF ABILITY TO PAY AND ADVANCE CARE WORLDWIDE THROUGH SCIENTIFIC RESEARCH AND MEDICAL EDUCATION. FORM 990, PART VI, SECTION A, LINE 6 GOVERNING BODY AND MANAGEMENT: ORTHOPAEDIC HOSPITAL, A CALIFORNIA NONPROFIT PUBLIC BENEFIT CORPORATION EXEMPT UNDER SECTION 501(C)(3) OF THE CODE, IS THE SOLE MEMBER OF LOS ANGELES ORTHOPAEDIC HOSPITAL FOUNDATION AS MENTIONED IN ITS ARTICLES OF INCORPORATION. FORM 990, PART VI, SECTION A, LINE 7A & 7B GOVERNING BODY AND MANAGEMENT: THE GOVERNANCE COMMITTEE OF THE ORTHOPAEDIC HOSPITAL'S BOARD OF DIRECTORS AND THE LOS ANGELES ORTHOPAEDIC HOSPITAL FOUNDATION'S BOARD OF TRUSTEES IS ASSIGNED WITH THE RESPONSIBILITY OF RECRUITING NEW DIRECTORS AND TRUSTEES FOR BOTH ORGANIZATIONS. THE COMMITTEE GOES THROUGH ITS DUE DILIGENCE PROCESS OF REVIEWING EACH POTENTIAL MEMBER'S STATUS IN THE COMMUNITY AND QUALIFICATIONS FOR BOARD MEMBERSHIP AND THEN MAKES ITS RECOMMENDATION TO EACH BOARD. FORM 990, PART VI, SECTION B, LINE 11 POLICIES: FORM 990 IS COMPLETED BY AN OUTSIDE ACCOUNTING FIRM AND REVIEWED BY INDIVIDUALS IN THE FOLLOWING ORDER: CFO THEN CEO, SENIOR ADMINISTRATIVE TEAM AND THE BOARD OF DIRECTORS BEFORE IT IS FINALIZED. FORM 990, PART VI, SECTION B, LINE 12C POLICIES: THE GOVERNANCE COMMITTEE OF THE ORTHOPAEDIC HOSPITAL'S BOARD OF DIRECTORS AND THE LOS ANGELES ORTHOPAEDIC HOSPITAL FOUNDATION'S BOARD OF TRUSTEES REQUIRE ALL DIRECTORS AND TRUSTEES TO SUBMIT A "CONFLICT OF INTEREST STATEMENT" ANNUALLY. THE COMMITTEE REVIEWS THESE STATEMENTS AND PRESENTS ANY POTENTIAL CONFLICT TO THE BOARDS FOR DISCUSSION AND APPROVAL OF ANY ACTION NEEDED. OFFICERS AND KEY EMPLOYEES ARE ALSO REQUIRED TO SUBMIT A "CONFLICT OF INTEREST STATEMENT" ANNUALLY TO THE HUMAN RESOURCES DEPARTMENT. STATEMENTS ARE REVIEWED BY THE COMPLIANCE OFFICER WHO CHECKS FOR ANY EXISTING CONFLICT. FORM 990, PART VI, SECTION B, LINE 15 POLICIES: CEO - COMPENSATION IS REVIEWED AND DOCUMENTED BY THE COMMITTEE OF THE BOARD OF TRUSTEES ANNUALLY. KEY PHYSICIAN POSITIONS - COMPENSATION IS REVIEWED BY CONSULTANT, ATTORNEY AND THEN APPROVED BY THE STRATEGIC COMMITTEE AND THE BOARD OF DIRECTORS. OTHER OFFICERS AND KEY EMPLOYEES - COMPENSATION IS REVIEWED BY THE CEO WITH THE DIRECTOR OF HUMAN RESOURCES. ORTHOPAEDIC HOSPITAL PARTICIPATES IN SOME SALARY SURVEYS AND USES THIS INFORMATION TO COMPARE SALARIES IN THE ORGANIZATION. FORM 990, PART VI, SECTION C, LINE 19 DISCLOSURE: ANY INQUIRY SHOULD BE DIRECTED TO THE CFO OR TO AN ORTHOPAEDIC HOSPITAL OFFICER. FORM 990, PART VII, LINE 25 COMPENSATION OF OFFICERS: JAMES V. LUCK, M.D. IS A FORMER BOARD MEMBER WHO RESIGNED HIS POSITION DURING FISCAL YEAR 2011. THE COMPENSATION LISTED IN PART VII AND SCHEDULE J IS DERIVED FROM HIS 2011 W-2. FORM 990, PART XI, LINE 5 RECONCILIATION OF NET ASSETS: OTHER CHANGES IN NET ASSETS OR FUND BALANCES $ 11,141,978 UNREALIZED GAINS ON INVESTMENTS $ 1,187,657 CHANGE IN VALUE OF SPLIT-INTEREST AGREEMENTS -------------------------- $ 12,329,635 = OTHER CHANGES IN NET ASSETS HOURS DEVOTED FOR RELATED ORGANIZATION FORM 990 PART VII NAME:Christopher C. Martin TITLE:Trustee HOURS:2 HOURS DEVOTED FOR RELATED ORGANIZATION FORM 990 PART VII NAME:Edward D. Fox, Jr. TITLE:Trustee HOURS:2 HOURS DEVOTED FOR RELATED ORGANIZATION FORM 990 PART VII NAME:Meyer Luskin TITLE:Trustee HOURS:2 HOURS DEVOTED FOR RELATED ORGANIZATION FORM 990 PART VII NAME:Anthony Scaduto, M.D. TITLE:President & CEO HOURS:32 HOURS DEVOTED FOR RELATED ORGANIZATION FORM 990 PART VII NAME:Lourdes Abcede TITLE:CFO HOURS:24 ORTHOPAEDIC HOSPITAL 2400 SOUTH FLOWER STREET LOS ANGELES CA 900072697 951644604 OUTPATIENT CA 501(C)(3) 3 false false true false false false false false false false false false false true true false true false false