Scoliosis Research Society (SRS)
Scoliosis Research Society (SRS)
An International Organization Dedicated to the Education, Research and Treatment of Spinal Deformity
Our Mission is to Foster Optimal Care for All Patients with Spinal Deformities
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Overview

About the Scoliosis Research Society

The purpose of the Scoliosis Research Society is to foster the optimal care of all patients with spinal deformities.

Founded in 1966, the Scoliosis Research Society is an organization of medical professionals and researchers dedicated to improving care for patients with spinal deformities. Over the years it has grown from a group of 35 orthopaedic surgeons who met to discuss scoliosis treatment to an international organization of health care professionals.

The SRS is a 501(c)3, non-profit corporation, which files a form 990 report each year with the Internal Revenue Service. Our federal tax ID number is 23-7181863. Financial summaries and copies of form 990 reports for SRS are available on the Guide Star Web site, at www.guidestar.org. Additional information on scoliosis and the SRS is available through our Web site, www.srs.org.

Donations:

If you are considering a donation to the SRS research fund, the most important fact might be that all donations are used entirely for research seeking improved treatments, the causes, and possible prevention of spinal deformities. No portion of any contribution is used for any other purpose. The Scoliosis Research Society is a 501(c)3 organization operated exclusively for educational and scientific purposes. Contributions to the SRS Research Fund are deductible by donors in computing their taxable income in the manner and to the extent provided by IRS codes. Operating funds for the SRS come from membership dues, our annual meeting and courses, publication sales and other sources.

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SRS Research Initiatives

Relying on profits from meetings and donations from members and medical companies each year, the SRS began limited research funding in 1980. In the late 1980's, SRS leaders decided to establish a Research Endowment fund in order to guarantee the availability of funds for scoliosis research. Mostly through donations from SRS members, a goal of $1.2 million was reached in 1992. Income from this fund has been used each year to fund projects selected through a peer-reviewed grant application process. Grant recipients are required to provide regular financial reports and to report on the results of their research at an SRS meeting.

 

Since 1980, the SRS has provided a total of $1,720,460 to fund 53 spinal deformity research projects. These have included studies on improved spinal cord monitoring during surgery, brace treatment effectiveness, methods to improve fusion rates, and three large studies looking for the cause of idiopathic scoliosis. We are pleased to have provided the "seed money" that recently allowed one of our members to obtain a $1 million dollar grant from the National Institute of Health based on her preliminary work on genetics related to scoliosis.

Frequently Asked Questions (FAQs): SRS Giving Options

SRS Research Education Outreach (REO) Fund

  1. What is the SRS REO Fund? Why was it created? The SRS REO Fund was established in 2011 as a SRS Board of Directors directed initiative to provide SRS members and donors an alternative to the OREF giving pathway. This option was developed with International SRS Members and SRS Neurosurgeon Members in mind, but offers many advantages to all those who wish to support the SRS through their generous donations.
  2. Who controls the REO Fund? The SRS REO Fund is a SRS Board Directed Fund, and is wholly owned and controlled by the SRS. Every dollar stays with the SRS to support the SRS mission, activities and programs.
  3. Does the REO Fund have a recognition program? The REO Fund offers flexible giving options with recognition levels starting at $100 to encourage 100 percent membership participation! A 50 percent adjustment for corresponding recognition level was established for international members to address the inequities in tax laws and income.

    Recognition Levels


    LEVEL DONATION AMOUNT
    UNITED STATES OUTSIDE USA
    CONTRIBUTING $100 - $4999 $50 - $2499
    SUSTAINING $5000-$9999 $2500-$4999
    BENEFACTOR $10,000-19,999 $5000-$9999
    PRESIDENTS $20,000-$39,999 $10,000-$19,999
    PRESIDENTS ELITE $40,000-$99,999 $20,000-$49,999
    FOUNDERS $100,000-$499,999 $50,000-$249,999
    LEGENDS $500,000 - $999,999 $250,000 - $499,999
    LEGENDS ELITE $1 Million or more $500,000 or more
  4. What kinds of pledges are possible? SRS REO Fund pledges can be made, and spread over up to five years. The sum of all of your pledges and contributions to the SRS through the REO Fund and OREF determine your SRS Recognition Level. All donations made to the REO Fund accumulate over the lifetime of the donor, so even modest annual gifts allow the donor to continue climbing the recognition levels.
  5. How will my donation be used? The REO Fund gives the donor the opportunity to earmark all or a portion of a donation for "current use" or "long term" funding. "Current use" gifts will be used within twenty four months to support SRS activities. "Long term" gifts will be utilized to cultivate principal and ensure financial security.
  6. Can I designate what I want my donation to be directed toward? Can this donation bear someone's name? Sizable pledges or contributions of $100,000-500,000 allow the donor to designate the gift's purpose, pending BOD approval and in keeping with the SRS mission. Pledges or contributions of one million or greater may bear the name of a person chosen by the donor.
  7. How do I donate to SRS REO Fund? You can donate through the SRS website, send a check, or contact the SRS office to help with setting up a payroll deduction option. We will gladly help you with your donation needs and can offer customized giving options. Deferred giving life insurance options are currently under construction and will be available starting at the September 2012 Annual Meeting in Chicago, Illinois, United States. A life insurance gift of $100,000 will earn the donor a place in the Founders Recognition level.
  8. Why should I donate to the REO Fund? The REO Fund directly supports SRS's mission: the ability to award more research grants, provide high quality educational programs, and support service programs that serve those without access to spinal deformity care. These gifts will also go a long way to assuring the financial independence and security of the SRS for future generations of spinal deformity care givers!

OREF

  1. What is OREF? The Orthopedic Research and Education Fund (OREF) is an independent, 501(c)3 organization that raises funds to support orthopedic research and education. OREF was established in 1955 with the mission to improve the quality of life for patients.
  2. What is OREF's relationship with SRS? The OREF serves as the financial steward of the SRS Endowment Fund which was created in 1986, and donated to the OREF in 2000 with a cash value of $1.2 million. This fund currently has a four million cash value and an additional eight million in deferred pledges. The OREF money managers follow a standard investment strategy for a 501(c)3 foundation. This generates investment income and allows withdrawal of five percent earnings to be used for SRS research grants and educational initiatives.
  3. Tell me more about OREF and its connection to SRS. OREF is well known to orthopedic surgeons based in the United States. It funds research across the spectrum of orthopedic surgery sub-specialties. The OREF recognition program includes the Order of Merit, which includes a yearly gift starting at $1,000, with the first $500 directed to the OREF general fund, and the remainder directed per the donor's choice. Yearly gifts do not go into the endowment fund so they are available for immediate use by SRS. The OREF offers the Shand's Circle designation for those donors who pledge and/or contribute $20,000 over five years, or use a deferred giving option of $100,000 through a life insurance gift. Unlike other donation, 100 percent of a Shand's level gift may be directed per the donor's wishes.


In Summary
SRS members who choose to donate to SRS through the OREF Endowment Fund should know that their entire donation is credited to SRS and will provide interest income in perpetuity to support the SRS research and education initiatives. Members enjoy the recognition by both OREF and SRS for their gift!

SRS members and friends who choose to donate to the SRS REO Fund can take advantage of the flexible giving options, enjoy the recognition for their gift by SRS and rest assured that their gifts remain with SRS to support Research, Education and Outreach initiatives.