Piedmont Orthopedic Foundation Inc logo

Piedmont Orthopedic Foundation Inc

Public charity · Grantmaker Lynchburg, VA EIN: 56-1297962 Website

Encourage the study and development of the science and practice of orthopedics through grants from the income of assets of the corporation, exclusively for charitable, educational and scientific purposes as may qualify under section 501(c)(3) of the internal revenue code.

Piedmont Orthopedic Foundation Inc at a glance

In short: Piedmont Orthopedic Foundation Inc gave $86K across 1 grant in 2024 (avg $86K), mostly in North Carolina. Source: 2024 IRS Form 990.

Annual giving (2024)
$86,102
+12712.8% vs 2023
Grants made (2024)
1
Average grant
$86,102
Median grant
$86,102
Total assets
$3,032,600
+5.8% vs 2023
Primary geography
North Carolina (100% of itemized 2024 grant dollars)
Latest 990 filing
Form 990, 2024 View filing

Data from IRS Form 990, 2024; updated September 2026.

Who Piedmont Orthopedic Foundation Inc funds

How this funder distributes its grants

Top Recipients

Top recipient in 2024

Duke University Department of Orthopaedic Surgery: $86KDuke University Department ofOrthopaedic Surgery$86K

The largest 2024 recipient was Duke University Department of Orthopaedic Surgery ($86K).

Grant Size Distribution

5 grants across all recorded years

3<$50K1$50–100K1$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 3 grants of 5 (60%).

Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of the 2024 grant dollars on its one itemized grant.

Cities

Durham

How Piedmont Orthopedic Foundation Inc gives

  • Giving fell 50% from 2021 to 2024. Method

From the foundation's IRS Form 990 filings. Methodology.

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$50K$100K$150K$200K1 grant2019 1 grant2020 1 grant2021 2 grants2022 Total only2023 1 grant2024

From 2019 to 2024, annual grant giving ranged from $672 (2023) to $174K (2021). In 2024 it made 1 grant totaling $86K.

Hatched bars: grants paid as reported on the IRS filing, which lists no individual grants for that year.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
Duke University Department of Orthopaedic Surgery Durham, NCOrthopedic Research$86,102
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsNet Investment Income
2024$3,032,600$894,734$728,802$86,1021$269,588
2023$2,865,649$641,663$622,001$672Total only$185,996
2022$2,845,987$733,608$560,255$42,7852$104,972
2021$2,672,634$708,186$573,749$173,7551$114,031
2020$2,538,197$494,309$153,679$20,2501$120,930
2019$2,197,567$658,524$608,417$122,2001$94,417

"Total only": grants paid as reported on the IRS filing, which lists no individual grants for that year.

About Piedmont Orthopedic Foundation Inc

Based on IRS filings

Piedmont Orthopedic Foundation Inc is a public charity focused on Medical Research, based in Lynchburg, VA. IRS filing data is available from 2019 through 2024. As of 2024, the organization holds $3.0M in total assets. In 2024, it awarded 1 grant totaling $86K. Net investment income was $270K.

Focus Areas

Leadership & Key People

Officers and directors from IRS filings

Piedmont Orthopedic Foundation Inc is led by Gary M. Lourie MD, President on every filing since 2019; none of the 3 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • Gary M. Lourie MD

    President

    On filings since 2019

    2 hrs/week

    No compensation reported

  • Mack Aldridge MD

    Vice President

    On filings since 2019

    2 hrs/week

    No compensation reported

  • William C. Andrews MD

    Secretary & Treasurer

    On filings since 2019

    2 hrs/week

    No compensation reported

Data from IRS Form 990 filings, 2019–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Frequently asked questions about Piedmont Orthopedic Foundation Inc

How much does Piedmont Orthopedic Foundation Inc give each year?

Piedmont Orthopedic Foundation Inc gave $86K across 1 grant in 2024, according to its 2024 IRS Form 990. In 2023 it reported $672 in grants paid.

How large is Piedmont Orthopedic Foundation Inc?

Piedmont Orthopedic Foundation Inc reported $3.0M in total assets on its 2024 IRS Form 990. Its revenue that year was $895K.

What is Piedmont Orthopedic Foundation Inc?

Piedmont Orthopedic Foundation Inc is a public charity focused on Medical Research, based in Lynchburg, VA. It holds $3.0M in total assets as of 2024.

Where does Piedmont Orthopedic Foundation Inc operate?

Piedmont Orthopedic Foundation Inc has awarded grants in North Carolina.

What is Piedmont Orthopedic Foundation Inc's EIN?

Piedmont Orthopedic Foundation Inc's EIN (Employer Identification Number) is 56-1297962. IRS Form 990 filing data is available on this page for 2019–2024.

Data last updated September 2026. Sourced from IRS Form 990 filings.

Data update history

(7)

When this profile's IRS filing data changed on Grantable

  1. Added Form 990 for fiscal year 2019 (received by the IRS May 20, 2020)
  2. Updated Form 990 for fiscal year 2020 (received by the IRS June 1, 2021)
  3. Updated Form 990 for fiscal year 2021 (received by the IRS September 7, 2022)
  4. Updated Form 990 for fiscal year 2022 (received by the IRS May 18, 2023)
  5. Updated Form 990 for fiscal year 2023 (received by the IRS July 29, 2024)
  6. Updated Form 990 for fiscal year 2024 (received by the IRS September 22, 2025)
  7. IRS filings on file for fiscal years 2020–2024

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The filing figures on this page are open data under CC BY 4.0. About GrantGraph Open

Figures come from Piedmont Orthopedic Foundation Inc's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.

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