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The Hip Society

Foundation · Grantmaker Schaumburg, IL EIN: 23-7348162 Website

TO ADVANCE KNOWLEDGE OF HIP DISORDERS, PROMOTE EVIDENCE-BASED TREATMENT, AND REFINE SUREGERY OF THE HIP IN ORDER TO IMPROVE THE LIVES OF PATIENTS.

Key facts about The Hip Society

EIN
23-7348162
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$10,000
Grants made (2024)
2
Average grant
$5,000
Median grant
$5,000
Total assets
$7,561,858
Primary geography
Maryland (50% of itemized 2024 grant dollars)

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

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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

4states

Share of all 2 itemized 2024 grant dollars.

Cities

BaltimoreMinneapolisPhiladelphiaPhoenix

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$340K$680K$1M$1M20202021202220232024
Metric202420232022
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———

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

Giving Over Time

Total grant dollars and number of grants per year

$0$10K$19K$29K$38K0 grants20200 grants20211 grants20221 grants20232 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 2 recipients in 2024

Sinai Hospital of Baltimore: $5KSinai Hospital of Baltimore$5KThe Center for Orthopedic and Research Excellence Inc: $5KThe Center for Orthopedic andResearch Excellence Inc$5K

Grant Size Distribution

4 grants across all recorded years

4<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest recipients include Sinai Hospital of Baltimore ($5,000), The Center for Orthopedic and Research Excellence Inc ($5,000).

RecipientPurposeAmount
SINAI HOSPITAL OF BALTIMORE Baltimore, MDRESEARCH$5,000
THE CENTER FOR ORTHOPEDIC AND RESEARCH EXCELLENCE INC Phoenix, AZRESEARCH$5,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

Olga Foley — Executive Director: $156KOlga FoleyExecutive Director$156KJolanta Tricroce — Education and Meetings Manager: $102KJolanta TricroceEducation and Meetings Manager$102K

From 2024 IRS filing

NameTitleHoursCompensation
William Macaulay MDTreasurer1—
William a Jiranek MDImmediate Past President1—
Don S Garbuz MDPresident1—
Bryan D Springer MD3RD Vice President1—
Steven J Macdonald MD1ST Vice President1—
Michael P Bolognesi MDSecretary1—
Mathias PG Bostrom MD2ND Vice President1—
Paul E Beaule MDCommittee Chair1—
Matthew P Abdel MDCommittee Chair1—
William M Mihalko MDCommittee Chair1—
Keith R Berend MDMember1—
Rafael J Sierra MDCommittee Chair1—
Olga FoleyExecutive Director40$156,120
Jolanta TricroceEducation and Meetings Manager40$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.

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

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