The Hip Society
TO ADVANCE KNOWLEDGE OF HIP DISORDERS, PROMOTE EVIDENCE-BASED TREATMENT, AND REFINE SUREGERY OF THE HIP IN ORDER TO IMPROVE THE LIVES OF PATIENTS.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$7.6M
+12.0% YoY
Annual Giving
$10K
-20.0% YoY
Grant Count
2
+100.0% YoY
Avg Grant Size
$5K
-60.0% YoY
About The Hip Society
Based on IRS filings
The Hip Society is a nonprofit organization, based in SCHAUMBURG, IL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $7.6M in total assets. In 2024, it awarded 2 grants totaling $10K. Net investment income was $208K.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $7,561,858 | $6,751,603 | $6,247,099 |
| Revenue | $1,090,270 | $962,066 | $1,236,691 |
| Expenses | $852,982 | $877,442 | $985,523 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $208,376 | $155,554 | $104,909 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2024
Grant Size Distribution
4 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Sinai Hospital of Baltimore ($5,000), The Center for Orthopedic and Research Excellence Inc ($5,000).
| Recipient | Purpose | Amount |
|---|---|---|
| SINAI HOSPITAL OF BALTIMORE BALTIMORE, MD | RESEARCH | $5,000 |
| THE CENTER FOR ORTHOPEDIC AND RESEARCH EXCELLENCE INC PHOENIX, AZ | RESEARCH | $5,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| WILLIAM MACAULAY MD | TREASURER | 1 | — |
| WILLIAM A JIRANEK MD | IMMEDIATE PAST PRESIDENT | 1 | — |
| DON S GARBUZ MD | PRESIDENT | 1 | — |
| BRYAN D SPRINGER MD | 3RD VICE PRESIDENT | 1 | — |
| STEVEN J MACDONALD MD | 1ST VICE PRESIDENT | 1 | — |
| MICHAEL P BOLOGNESI MD | SECRETARY | 1 | — |
| MATHIAS PG BOSTROM MD | 2ND VICE PRESIDENT | 1 | — |
| PAUL E BEAULE MD | COMMITTEE CHAIR | 1 | — |
| MATTHEW P ABDEL MD | COMMITTEE CHAIR | 1 | — |
| WILLIAM M MIHALKO MD | COMMITTEE CHAIR | 1 | — |
| KEITH R BEREND MD | MEMBER | 1 | — |
| RAFAEL J SIERRA MD | COMMITTEE CHAIR | 1 | — |
| OLGA FOLEY | EXECUTIVE DIRECTOR | 40 | $156,120 |
| JOLANTA TRICROCE | EDUCATION AND MEETINGS MANAGER | 40 | $102,045 |
Frequently Asked Questions
How large is The Hip Society?
As of 2024, The Hip Society holds $7.6M in total assets with $1.1M in annual revenue. It awarded 2 grants totaling $10K in 2024.
Where does The Hip Society operate?
The Hip Society has awarded grants in Arizona, Maryland, Minnesota, Pennsylvania.
What size grants does The Hip Society award?
In 2024, The Hip Society awarded 2 grants totaling $10K — an average of about $5K per grant, based on its IRS Form 990 filings.
What is The Hip Society's EIN?
The Hip Society's EIN (Employer Identification Number) is 23-7348162. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in The Hip Society's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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