It is a retrospective, observational study. Over the last 3 decades, the CSR, SRS, and NASS have given several research grants. The researcher found funds awarded by the Spine Societies using publicly available data. The type of grant received, the Principal Investigator’s identity, the grant’s monetary amount, the number of PubMed publications from each grant, the number of citations, and the publication journal were all collected. The NIH and DOD websites were searched to see whether grantees received NIH or DoD funds afterward. There were 81 (CSRS), 126 (SRS), and 93 (NASS) grants issued between 1989 and 2016. About 206 publications acknowledged getting financial support from the spine societies due to these donations. The SRS supported 100 articles, the NASS 62, and the CSRS 44. Following that, 32 NIH grants and four DOD awards were given. The conversion rate to NIH funds was 15% (n=12 CSRS), 7.9% (n=10 SRS), and 11% (n=10 NASS) respectively. 3.7% (n=3 CSRS), 0.8% (n=1 SRS), and 0% (n=0 NASS) were converted to DOD funding. CSRS had the lowest return on investment of grant dollars per future NIH and DoD grants (Dollars Per NIH Grant: $207,434; Dollars Per DoD Grant: $829,734). Male investigators were awarded 85% of CSRS funding, 75% of SRS awards, and 83% of NASS grants. When comparing future NIH and DOD funding, CSRS funds appear to have the best ROI of all spine society grants. However, the overall conversion rate to NIH and DOD funding is still modest.