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Steadman Philippon Research Institute

Public charity · Grantmaker Vail, CO EIN: 88-0245022 Website

Building on our legacy of excellence in orthopaedic sports medicine, spri is unlocking the secrets of healing, finding cures and enhancing lives through global leadership in regenerative medicine, scientific research, innovation and education.

Key facts about Steadman Philippon Research Institute

In short: Steadman Philippon Research Institute gave $723K across 3 grants in 2024 (avg $241K), mostly in Colorado. Source: 2024 IRS Form 990.

EIN
88-0245022
Latest 990 filing
Form 990, 2024
Annual giving (2024)
$722,736
Grants made (2024)
3
Average grant
$240,912
Median grant
$115,647
Total assets
$14,362,541
Primary geography
Colorado (76% of itemized 2024 grant dollars)

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

Financial Overview

From 2024 IRS Form 990 · View filing

Total Assets

$14.4M

-8.8% YoY

Annual Giving

$723K

+31.4% YoY

Grant Count

3

+200.0% YoY

Avg Grant Size

$241K

-56.2% YoY

How Steadman Philippon Research Institute gives

  • Giving grew 31% from 2021 to 2024. Method

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

About Steadman Philippon Research Institute

Based on IRS filings

Steadman Philippon Research Institute is a public charity focused on Medical Research, based in Vail, CO. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $14.4M in total assets. In 2024, it awarded 3 grants totaling $723K. Net investment income was $39K.

Focus Areas

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

3states

Share of 2024 grant dollars across all 3 itemized grants.

Cities

Colorado SpringsHoustonSan Francisco

Giving Over Time

Total grant dollars and number of grants per year

$0$200K$400K$600K$800K1 grant2020 1 grant2021 1 grant2022 1 grant2023 3 grants2024

From 2020 to 2024, annual grant giving ranged from $550K (2020) to $723K (2024). In 2024 it made 3 grants totaling $723K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 3 recipients in 2024

United States Olympic & Paralympic Committee: $550KUnited States Olympic &Paralympic Committee$550KUniversity of California San Francisco: $116KUniversity of California SanFrancisco$116KUniversity of Texas Health Sciences Center: $57KUniversity of Texas HealthSciences Center$57K

The largest 2024 recipient was United States Olympic & Paralympic Committee ($550K). Together the top 3 received $723K.

Grant Size Distribution

7 grants across all recorded years

<$50K1$50–100K1$100–250K$250–500K5$500K–1M$1–5M$5M+

The most common grant size was in the $500K–1M range: 5 grants of 7 (71%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
United States Olympic & Paralympic Committee Colorado Springs, CONational Medical Service Research Provider$550,000
University of California San Francisco San Francisco, CAGeneral Support$115,647
University of Texas Health Sciences Center Houston, TXGeneral Support$57,089

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Net Investment Income
$0$5M$10M$15M$20M2020 2021 2022 2023 2024
Metric202420232022
Total Assets$14,362,541$15,741,993$17,123,463
Revenue$14,151,760$13,892,440$13,468,545
Expenses$16,201,121$16,176,377$15,373,731
Net Investment Income$38,834$63,352—

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990 for fiscal year 2020 (received by the IRS September 21, 2021)
  2. Updated Form 990 for fiscal year 2021 (received by the IRS October 11, 2022)
  3. Updated Form 990 for fiscal year 2022 (received by the IRS October 16, 2023)
  4. Updated Form 990 for fiscal year 2023 (received by the IRS October 2, 2024)
  5. Updated Form 990 for fiscal year 2024 (received by the IRS October 2, 2025)
  6. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Officers and directors from IRS filings

Steadman Philippon Research Institute is led by Dan Drawbaugh, CEO & President since 2022 (on filings since 2020); 7 of 34 officers listed in 2024 are compensated.

Officers on the 2024 filing

  • Dan Drawbaugh

    CEO & President

    Chief Executive Officer → CEO & President, 2022

    On filings since 2020

    16 hrs/week

    $375K (2020) → $514K (2024)

  • Scott Tashman

    Development Director

    Department Director → Development Director, 2024

    On filings since 2020

    40 hrs/week

    $349K (2020) → $291K (2024)

  • Kristin Morgan

    Director of Philanthropy

    New on the 2024 filing

    40 hrs/week

    $189K (2024)

  • Geoff Gray

    CFO & Treasurer

    Chief Financial Officer → CFO & Treasurer, 2022

    On filings since 2020

    16 hrs/week

    $105K (2020) → $160K (2024)

  • Johnny Huard

    Chief Scientific Officer

    On filings since 2020

    40 hrs/week

    $992K (2020) → $646K (2024)

  • Lee Jones

    Vice President of Development

    On filings since 2020

    40 hrs/week

    $249K (2020) → $343K (2024)

  • Suzanne Page

    Vice President of Operations

    On filings since 2020

    40 hrs/week

    $238K (2020) → $296K (2024)

  • Al Perkins

    Board Member

    On filings since 2020

    1 hr/week

    No compensation reported

  • Alex Rampell

    Board Member

    On filings since 2020

    1 hr/week

    No compensation reported

  • Andy Daly

    Board Member

    On filings since 2020

    1 hr/week

    No compensation reported

  • Cynthia L. Nelson

    Board Member

    On filings since 2020

    1 hr/week

    No compensation reported

  • Damaris Skouras

    Board Member

    On filings since 2020

    1 hr/week

    No compensation reported

  • Doris Kirchner

    Board Member

    On filings since 2020

    1 hr/week

    No compensation reported

  • Frank Krauser

    Board Member

    On filings since 2020

    1 hr/week

    No compensation reported

  • Gary S. Rosenbach

    Board Member

    On filings since 2020

    1 hr/week

    No compensation reported

  • Gay L. Steadman

    Board Member

    On filings since 2020

    1 hr/week

    No compensation reported

  • Gen Pete Dawkins

    Board Member

    On filings since 2020

    1 hr/week

    No compensation reported

  • Kenneth Schanzer

    Board Member

    On filings since 2020

    1 hr/week

    No compensation reported

  • Larry Mullen Jr.

    Board Member

    On filings since 2020

    1 hr/week

    No compensation reported

  • Marc Philippon

    Co-Chair

    Board Member → Co-Chair, 2022

    On filings since 2020

    1 hr/week

    No compensation reported

  • Mary K. Noyes

    Board Member

    On filings since 2020

    1 hr/week

    No compensation reported

  • Mike Shannon

    Board Member

    On filings since 2020

    1 hr/week

    No compensation reported

  • Peter Millett

    Board Member

    On filings since 2020

    1 hr/week

    No compensation reported

  • Robert Bourne

    Board Member

    On filings since 2020

    1 hr/week

    No compensation reported

  • Senenne Philippon

    Board Member

    On filings since 2020

    1 hr/week

    No compensation reported

  • Steven Read

    Board Member

    On filings since 2020

    1 hr/week

    No compensation reported

  • Ted Hartley

    Board Member

    On filings since 2020

    1 hr/week

    No compensation reported

  • Tom Hackett

    Board Member

    On filings since 2020

    1 hr/week

    No compensation reported

  • Vanessa Kerzner

    Board Member

    On filings since 2020

    1 hr/week

    No compensation reported

  • Will Cook

    Board Member

    On filings since 2020

    1 hr/week

    No compensation reported

  • Robert Hurst

    Board Member

    On filings since 2023

    1 hr/week

    No compensation reported

  • Chris Lindley

    Board Member

    New on the 2024 filing

    1 hr/week

    No compensation reported

  • Kevin Rudolph

    Board Member

    New on the 2024 filing

    1 hr/week

    No compensation reported

  • Tom Gorrie

    Board Member

    New on the 2024 filing

    1 hr/week

    No compensation reported

Former officers (8)
  • Former: Chelsea Bahney (2020–2023) — Department Deputy Director
  • Former: Eric Affeldt (2020–2023) — Board Member
  • Former: Howard Berkowitz (2020–2023) — Board Member
  • Former: Stewart Turley (2020–2023) — Board Member
  • Former: Jeff Groton (2022–2023) — Controller
  • Former: Richard Steadman (2020–2022) — Co-Chair
  • Former: Greg Paschke (2020) — Chief Financial Officer -
  • Former: Travis Turnbull (2020) — Department Deputy Director

Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2024 IRS filing

Johnny Huard — Chief Scientific Officer: $646KJohnny HuardChief Scientific Officer$646KDan Drawbaugh — CEO/President: $514KDan DrawbaughCEO/President$514KLee Jones — VP of Development: $343KLee JonesVP of Development$343KSuzanne Page — Vice President of Operations: $296KSuzanne PageVice President of Operations$296KScott Tashman — Development Director: $291KScott TashmanDevelopment Director$291KKristin Morgan — Director of Philanthropy: $189KKristin MorganDirector of Philanthropy$189KGeoff Gray — CFO/Treasurer: $160KGeoff GrayCFO/Treasurer$160K

The highest reported compensation on the 2024 filing was $646K, to Johnny Huard (Chief Scientific Officer). 7 officers or directors reported compensation on that filing.

Frequently asked questions about Steadman Philippon Research Institute

How much does Steadman Philippon Research Institute give each year?

Steadman Philippon Research Institute gave $723K across 3 grants in 2024, according to its 2024 IRS Form 990. In 2023 it gave $550K across 1 grant.

What is Steadman Philippon Research Institute's typical grant size?

Steadman Philippon Research Institute's median grant in 2024 was $115,647, and its average grant was $240,912, across 3 grants on its 2024 IRS Form 990.

Where does Steadman Philippon Research Institute give grants?

Steadman Philippon Research Institute gives mostly in Colorado: 76% of the grant dollars itemized on its 2024 IRS Form 990 went to recipients there. The next largest states were California (16%) and Texas (8%).

Does Steadman Philippon Research Institute give general operating support?

Yes: 67% of Steadman Philippon Research Institute's 2024 grants with a stated purpose (2 of 3) were for general or operating support, per its 2024 IRS Form 990.

How large is Steadman Philippon Research Institute?

Steadman Philippon Research Institute reported $14.4M in total assets on its 2024 IRS Form 990. Its revenue that year was $14.2M.

What is Steadman Philippon Research Institute?

Steadman Philippon Research Institute is a public charity focused on Medical Research, based in Vail, CO. It holds $14.4M in total assets as of 2024.

What is Steadman Philippon Research Institute's EIN?

Steadman Philippon Research Institute's EIN (Employer Identification Number) is 88-0245022. IRS Form 990 filing data is available on this page for 2020–2024.

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

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