2025-05-12T20:05:56-05:00 2024-12-31 463330935 AVENSON HAMANN CPAS LLP 7421 BURNET ROAD 522 AUSTIN TX 78757 990 2024-01-01 200914085 THE PHYSICIANS FOUNDATION INC PHYS 6173990417 401 W 15TH STREET 100 AUSTIN TX 78701 JOHN DORMAN COO 6173990417 2025-05-12 1 1 CATHERINE AVENSON P01259734 5126939131 2024 2025-03-06 01:10:19Z JOHN DORMAN 401 W 15TH STREET 100 AUSTIN TX 78701 30474201 0 X WWW.PHYSICIANSFOUNDATION.ORG X 2003 FL THE FOUNDATION'S PURPOSE IS TO ADVANCE THE WORK OF PRACTICING PHYSICIANS AND IMPROVE PATIENT ACCESS TO HIGH-QUALITY, COST-EFFICIENT CARE. 21 20 2 0 0 0 0 0 0 0 5619920 5268157 1650 1630 5621570 5269787 1540000 1645000 0 0 760095 830713 0 0 0 2920493 3892681 5220588 6368394 400982 -1098607 120303766 128001743 1398523 2095166 118905243 125906577 THE MISSION OF THE PHYSICIANS FOUNDATION IS TO SUPPORT AND EMPOWER ALL PHYSICIANS TO PROVIDE HIGH QUALITY CARE, TO MAINTAIN THE SANCTITY OF THE PATIENT-PHYSICIAN RELATIONSHIP AND TO TAKE AN ACTIVE LEADERSHIP ROLE IN SHAPING THE FUTURE OF HEALTHCARE. 0 0 1049131 525000 PHYSICIAN LEADERSHIP - GRANTS AND PROGRAMS TO EQUIP PHYSICIANS WITH THE CORE MANAGEMENT AND LEADERSHIP SKILLS NEEDED AS THEY INCREASINGLY FACE ADMINISTRATIVE AND REGULATORY BURDENS. 2892810 720000 GENERAL HEALTH INITIATIVES - INCLUDE SOCIAL DETERMINANTS, DIRECT PRIMARY CARE EDUCATION, AND THE DEVELOPMENT OF TOOLS AND RESOURCES TO HELP PHYSICIAN PRACTICES IMPLEMENT TELEMEDICINE AND TECHNOLOGY. 1231591 400000 WELLNESS - GRANTS AND PROGRAMS TO SUPPORT SYSTEMIC CHANGE AND INNOVATIVE RESEARCH THAT REDUCES PHYSICIAN BURNOUT WHICH CAN HAVE DEVASTATING EFFECTS ON PHYSICIANS' QUALITY OF LIFE, AS WELL AS ON COST OF, ACCESS TO, AND QUALITY OF CARE. 5173532 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 29 0 2 1 0 0 0 0 0 0 0 0 0 0 0 0 X 21 20 1 0 1 0 0 1 0 1 1 0 0 1 1 1 1 1 1 1 0 0 X JOHN DORMAN 6173990417 401 W 15TH STREET SUITE 100 AUSTIN TX 78701 GARY PRICE MD CHAIRMAN 20.00 X X 100000 0 0 SUBHI ALI MD TREASURER 5.00 X X 7000 0 0 RUSSELL LIBBY MD MEMBER 5.00 X 0 0 0 RIP HOLLISTER MD MEMBER 5.00 X 13500 0 0 RALPH NOBO MD MEMBER 5.00 X 13500 0 0 SUSAN BANKSTON MEMBER 5.00 X 7500 0 0 PAUL HARRINGTON MEMBER 5.00 X 13500 0 0 PALMER JONES MEMBER 5.00 X 13500 0 0 JOSEPH VALENTI MD VICE PRESIDENT 5.00 X X 14500 0 0 JENNIFER HANSCOM VICE PRESIDENT 5.00 40.00 X X 14500 356128 23237 DUSTIN CORCORAN MEMBER 5.00 40.00 X 10500 1484137 125716 DON ALEXANDER MEMBER 5.00 X 13500 0 0 ALEX MALTER MD MEMBER 5.00 X 13500 0 0 LARRY DOWNS SECRETARY 5.00 40.00 X X 15500 219042 0 LAWRENCE BRAUD MD VICE PRESIDENT 5.00 X X 13500 0 0 MARCH SEABROOK VICE PRESIDENT 5.00 5.00 X X 14500 0 0 HURSHELL BAGGETT MEMBER 5.00 40.00 X 10500 346171 50655 JERRY VAN METER MEMBER 5.00 X 13500 0 0 JOY MAXEY MEMBER 5.00 X 0 0 0 MICHAEL DARROUZET MEMBER 5.00 40.00 X 3750 670760 47544 AMY REYNOLDSON MEMBER 5.00 40.00 X 13500 197810 23590 ARTHUR FOUGNER MD MEMBER 5.00 X 10500 0 0 JOHN DORMAN COO 10.00 40.00 X 123320 471276 80912 ROBERT SELIGSON CEO 40.00 X 350330 0 0 803900 3745324 351654 2 0 1 0 GMA FOUNDATIONS 2 LIBERTY SQUARE SUITE 500 BOSTON MA 02109 GRANT MANAGEMENT 497124 JPA HEALTH COMMUNICATIONS 111 CONNECTICUT AVE SUITE 600 WASHINGTON DC 20036 COMMUNICATIONS 451932 WEIL MEDICAL COLLEGE OF CORNELL UNIVERSI 575 LEXINGTON AVE 9TH FLOOR NEW YORK NY 10022 ACADEMIC RESEARCH 400000 BRANDEIS UNIVERSITY 415 SOUTH STREET MS035 WALTHAM MA 02453 LEADERSHIP PROGRAM 255000 PROJECT HOPE - HEALTH AFFAIRS 7500 OLD GEORGETOWN RD STE 600 BETHESDA MD 20814 PRACTICE OF MEDICINE SERIES 253000 9 3388994 3388994 27083577 25204414 1879163 1879163 1879163 OTHER INCOME 900099 1630 1630 1630 5269787 0 0 5269787 X 1645000 1645000 805025 529893 275132 25688 16697 8991 60000 60000 129383 129383 234633 234633 884210 680152 204058 15287 15287 168612 111284 57328 302122 202422 99700 203351 136245 67106 31116 31116 PROFESSIONAL CONSULTING 1773297 1773297 SPONSORSHIPS 81546 81546 AWARDS 20000 20000 MISCELLANEOUS -10876 -23004 12128 6368394 5173532 1194862 0 394872 322353 3151787 1410090 205108 139232 414618 582915 36010723 37565050 80126658 87982103 120303766 128001743 137508 221571 1261015 1873595 1398523 2095166 X 118905243 125906577 118905243 125906577 120303766 128001743 -1098607 8099941 0 X 0 1 X 1 0 X X X 61 ACCMA COMMUNITY HEALTH FOUNDATION 461703508 7 0 75000 0 ALASKA STATE MEDICAL ASSOCIATION 926002176 10 1 0 0 AMERICAN ACADEMY OF PEDIATRICS 362275597 10 0 0 0 ARIZONA MEDICAL ASSOCIATION FOUNDATION 237036794 10 0 0 0 CALIFORNIA MEDICAL ASSOCIATION 940359340 10 1 0 0 CENTER FOR A HEALTHY MARYLAND 521110642 7 0 0 0 CONNECTICUT STATE MEDICAL SOCIETY 060665164 10 1 0 0 DANIEL HANLEY CENTER FOR HEALTH LEADERSHIP 204271488 7 0 0 0 DENTON COUNTY MEDICAL SOCIETY 751676014 10 1 0 0 DR LORNA BREEN HEROES' FOUNDATION 851509081 7 0 0 0 DUVAL COUNTY MEDICAL SOCIETY FOUNDATION 590880039 7 0 0 0 EL PASO COUNTY MEDICAL SOCIETY 741238007 10 1 0 0 FLORIDA MEDICAL ASSOCIATION 590559672 10 1 0 0 FOUNDATION FOR HEALTHY FLORIDIANS 462259497 7 0 0 0 FOUNDATION OF THE AMERICAN ASSOCIATION OF MEDICAL SOCIETY EXECUTIVES 362915937 10 0 0 0 FOUNDATION OF THE PENNSYLVANIA MEDICAL SOCIIETY 371732501 10 0 0 0 FUTURE ALASKA MEDICAL LEADERS 831874375 7 0 0 0 HAWAII MEDICAL ASSOCIATION 990067306 10 1 0 0 HEALTHY RURAL CA 843230424 10 0 0 0 INDIANA MEDICAL FOUNDATION 237001672 7 0 75000 0 LOUISIANA STATE MEDICAL SOCIETY 720386637 10 1 0 0 MAINE MEDICAL EDUCATION TRUST 010443926 7 0 0 0 MEDICAL ASSOCIATION OF GEORGIA 580605267 10 1 75000 0 MEDICAL ASSOCIATION OF GEORGIA FOUNDATION 586066431 7 0 0 0 MEDICAL EDUCATION AND SCIENTIFIC FOUNDATION OF NY 112780360 7 0 0 0 MEDICAL SOCIETY OF NEW JERSEY 210601684 10 1 0 0 MEDICAL SOCIETY OF NEW YORK 131030760 10 1 0 0 MEDICAL SOCIETY OF NORTHERN VIRGINA 540739279 10 1 0 0 MEDICAL SOCIETY OF NORTHERN VIRGINA FOUNDATION 541158386 7 0 0 0 MEDICAL SOCIETY OF VIRGINIA FOUNDATION 521394768 7 0 0 0 MISSISSIPPI STATE MEDICAL ASSOCIATION FOUNDATION 570906060 10 0 223000 0 MONTANA MEDICAL ASSOCIATION FOUNDATION 463696068 10 0 0 0 NEBRASKA MEDICAL ASSOCIATION 470372108 10 1 0 0 NEBRASKA MEDICAL FOUNDATION 476036827 7 0 75000 0 NEW HAMPSHIRE MEDICAL SOCIETY 020223176 10 1 0 0 NORTH CAROLINA MEDICAL ASSOCIATION 560320130 10 1 0 0 OHIO MEDICAL EDUCATION FOUNDATION 310907287 10 0 0 0 PALM BEACH COUNTY MEDICAL SOCIETY SERVICES 651048299 7 0 0 0 PHYSICIANS BENEVOLENT FUND 746050660 7 0 0 0 PHYSICIANS FOR A HEALTHY CALIFORNIA 946062822 7 0 0 0 SOUTH CAROLINA MEDICAL ASSOCIATION 570248750 10 1 0 0 TENNESSEE FOUNDATION FOR QUALITY PATIENT HEALTHCARE 204232591 10 0 0 0 TENNESSEE MEDICAL ASSOCIATION 620382010 10 1 0 0 TEXAS MEDICAL ASSOCIATION 741078510 10 1 0 0 THE REGENTS OF THE UNIVERSITY OF COLORADO 846000555 10 0 0 0 TRAVIS COUNTY MEDICAL SOCIETY FOUNDATION 741720086 7 0 0 0 ADVOCATES FOR BETTER HEALTH 510178010 10 0 75000 0 UNIVERSITY OF HAWAII FOUNDATION 990085260 5 0 0 0 VERMONT MEDICAL SOCIETY 030164911 10 1 0 0 VERMONT MEDICAL SOCIETY EDU & RESEARCH FOUNDATION 200183445 7 0 0 0 WASHINGTON STATE MEDICAL ASSOCIATION 910462170 10 1 0 0 WSMA FOUNDATION FOR HEALTH CARE IMPROVEMENT 916074463 7 0 0 0 WYOMING MEDICAL SOCIETY SCHOLARSHIP FUND 836004846 7 0 75000 0 BOARD OF TRUSTEES UNIVERSITY OF ILLINOIS 376000511 6 0 100000 0 INLAND EMPIRE HEALTH INFORMATION ORGANIZATION 815089538 7 0 141000 0 KNOXVILLE ACADEMY OF MEDICINE FOUNDATION 621458199 7 0 150000 0 MEDICAL SOCIETY OF SEDGWICK COUNTY PHYSICIAN LEADERSHIP ALLIANCE 473912727 10 0 150000 0 NORTHWESTERN MEMORIAL FOUNDATION 363155315 7 0 100000 0 PROVIDENCE ST JOSEPH NATIONAL FOUNDATION 943078543 7 0 100000 0 UC SAN DIEGO HEALTH 957064556 6 0 100000 0 RUSH UNIVERSITY MEDICAL CENTER 362174823 6 0 131000 0 61 1645000 0 0 1 1 1 1 0 1 1 0 0 0 0 0 0 0 0 0 0 1 1 PART IV, SECTION A, LINE 1: SUPPORTED ORGANIZATIONS ARE DESIGNATED IN THE GOVERNING DOCUMENTS BY CLASS OR PURPOSE: "TO SUPPORT, BENEFIT OR CARRY OUT THE CHARITABLE PURPOSES OF PUBLICLY SUPPORTED ORGANIZATIONS WHOSE PURPOSES INCLUDE PROMOTING HIGH QUALITY MEDICAL CARE, INCLUDING, WITHOUT LIMITATION, ASSISTING PHYSICIANS AND THE PUBLIC TO IMPROVE THE QUALITY OF CARE RECEIVED BY PATIENTS IN THE EVOLVING HEALTHCARE ENVIRONMENT, IN A MANNER THAT CONSTITUTES CHARITABLE, SCIENTIFIC, AND EDUCATIONAL PURPOSES WITHIN THE MEANING OF SECTION 501(C)(3) OF THE CODE." PART IV, SECTION A, LINE 2: THE FOUNDATION CONFIRMS ANNUALLY THAT EACH OF ITS SUPPORTED ORGANIZATIONS QUALIFY AS PUBLICLY SUPPORTED ORGANIZATIONS. ALL 501(C)(6) SUPPORTED ORGANIZATIONS ARE DEEMED TO BE DESCRIBED IN SECTION 509(A)(2) BECAUSE MEMBERSHIP DUES CONSTITUTED MORE THAN ONE THIRD OF THEIR SUPPORT, AND NO MORE THAN ONE THIRD OF THEIR SUPPORT CAME FROM GROSS INVESTMENT INCOME AND NET UNRELATED BUSINESS TAXABLE INCOME. PART IV, SECTION A, LINE 3B: THE FOUNDATION MAINTAINS A COPY OF THE DETERMINATION LETTER FOR EACH SUPPORTED ORGANIZATION THAT QUALIFIES UNDER SECTION 501(C)(6) ALONG WITH AN ANNUALLY-UPDATED SCHEDULE DEMONSTRATING THE ORGANIZATION'S COMPLIANCE WITH THE SECTION 509(A)(2) PUBLIC SUPPORT TEST. PART IV, SECTION A, LINE 3C: TO ENSURE THAT ITS ASSETS ARE USED FOR CHARITABLE PURPOSES, THE FOUNDATION MAKES GRANTS ONLY TO 501(C)(3) ORGANIZATIONS OR 501(C)(6) ORGANIZATIONS THAT ARE DEEMED TO BE DESCRIBED IN SECTION 509(A)(2). FUNDED PROJECTS ARE APPROVED AFTER A RIGOROUS APPLICATION PROCESS. GRANTS ARE MADE SUBJECT TO A WRITTEN AGREEMENT REQUIRING PERIODIC AND FINAL FINANCIAL AND NARRATIVE REPORTS AND PROVIDING THAT THE FOUNDATION MAY WITHHOLD FUTURE PAYMENTS AND DEMAND CORRECTION OF MISUSE OF FUNDS SHOULD THE FOUNDATION DETERMINE FUNDS HAVE NOT BEEN USED FOR APPROVED PURPOSES. PART IV, SECTION A, LINE 5A: AS DESCRIBED IN PART IV, NUMBER 3C, THE FOUNDATION MAKES GRANTS TO 501(C)(3) ORGANIZATIONS AND 501(C)(6) ORGANIZATIONS THAT ARE DEEMED TO BE DESCRIBED IN SECTION 509(A)(2) THAT ARE INCLUDED IN THE CLASS OF ORGANIZATIONS DESIGNATED IN THE GOVERNING DOCUMENTS BY CLASS OR PURPOSE. IN 2024 THE FOUNDATION MADE NEW GRANTS TO 8 ORGANIZATIONS THAT WERE NOT LISTED ON THE 2023 FORM 990: BOARD OF TRUSTEES UNIVERSITY OF ILLINOIS, INLAND EMPIRE HEALTH INFORMATION ORGANIZATION, KNOXVILLE ACADEMY OF MEDICINE FOUNDATION, MEDICAL SOCIETY OF SEDGWICK COUNTY PHYSICIAN LEADERSHIP ALLIANCE, NORTHWESTERN MEMORIAL FOUNDATION, PROVIDENCE ST JOSEPH NATIONAL FOUNDATION, UC SAN DIEGO HEALTH, AND RUSH UNIVERSITY MEDICAL CENTER. SOME OF THE SUPPORTED ORGANIZATIONS DID NOT RECEIVE SUPPORT DURING 2024, BUT THEY ARE ALL LISTED ON SCHEDULE A, PART VI OF THE 2024 FORM 990. EIGHT ORGANIZATIONS THAT WERE LISTED AS SUPPORTED ORGANIZATIONS ON THE 2023 FORM 990, SCHEDULE A ARE NO LONGER SUPPORTED ORGANIZATIONS AND WERE REMOVED FROM THE 2024 LIST. PART IV, SECTION B, LINE 2: IN ADDITION TO MAKING GRANTS TO 501(C)(3) ORGANIZATIONS OPERATED, SUPERVISED OR CONTROLLED BY SUPPORTED ORGANIZATIONS NAMED IN THE ORGANIZING DOCUMENTS, THE FOUNDATION ALSO GIVES GRANTS TO 501(C)(6) ORGANIZATIONS TO CARRY OUT THE FOUNDATION'S CHARITABLE PURPOSES. SEE REV. RUL. 76-401, 1976-C.B. 175, WHICH PROVIDES THAT THE GENERAL REQUIREMENTS OF SECTIONS 1.509(A)-4(C), (D) AND (E) OF THE REGULATIONS ARE INAPPLICABLE TO SUPPORTED SECTION 501(C)(6) ORGANIZATIONS FOR PURPOSES OF SATISFYING BOTH THE ORGANIZATIONAL AND OPERATIONAL TESTS OF SECTION 509(A)(3)(A) OF THE INTERNAL REVENUE CODE. THE FOUNDATION MAKES GRANTS TO PUBLICLY SUPPORTED ORGANIZATIONS THAT DO NOT CONTROL THE FOUNDATION, BUT BY BENEFITTING THEM, THE FOUNDATION CARRIES OUT THE PURPOSE OF THE CONTROLLING SIGNATORY ENTITIES, AS PERMITTED UNDER SECTION 1.509(A)-4(G)(1)(II) OF THE REGULATIONS. PART I, LINE 12G, COLUMN IV: SUPPORTED ORGANIZATIONS ARE DESIGNATED IN THE GOVERNING DOCUMENTS BY CLASS OR PURPOSE. 0 ISHARES CORE S&P SMALL CAP E 10184296 F ISHARES CORE S&P 500 ETF 20960540 F ISHARES S&P MIDCAP 400 INDEX 9352295 F ISHARES TR RUS 1000 GRW ETF 7764549 F ISHARES TRUST ISHARES ESG AW 6833260 F PIMCO INCOME INST 13582474 F VANGUARD TOTAL BD MKT IDX INST 8895328 F TCW METWEST INTM BD I 10409361 F 87982103 X 13135095 8099941 8099941 5035154 234633 234633 5269787 6133761 0 6133761 234633 234633 6368394 PART X, LINE 2: THE FOUNDATION ACCOUNTS FOR UNCERTAINTY OF INCOME TAXES BASED ON A "MORE-LIKELY-THAN-NOT" THRESHOLD FOR THE RECOGNITION AND DE-RECOGNITION OF TAX POSITIONS, WHICH INCLUDES THE ACCOUNTING FOR INTEREST AND PENALTIES. AT DECEMBER 31, 2024 AND 2023, THE FOUNDATION DOES NOT HAVE ANY UNRECOGNIZED TAX BENEFITS RESULTING FROM ITS TAX POSITIONS. 1 ACCMA COMMUNITY HEALTH FOUNDATION 6230 CLAREMONT AVE 3RD FLOOR OAKLAND CA 94618 461703508 501(C)(3) 75000 0 TO DEVELOP AND DELIVER A LEADERSHIP PROGRAM INDIANA MEDICAL FOUNDATION 23 CANAL WALK INDIANAPOLIS IN 46202 237001672 501(C)(3) 75000 0 ISMA ADVANCED ADVOCACY LEADERSHIP PROGRAM MEDICAL ASSOCIATION OF GEORGIA FOUNDATION 1849 THE EXCHANGE SE 200 ATLANTA GA 30339 586066431 501(C)(3) 75000 0 TO SUPPORT A PHYSICIAN LEADERSHIP PROGRAM MISSISSIPPI STATE MEDICAL ASSOCIATION FOUNDATION 408 WEST PARKWAY PLACE RIDGELAND MS 39157 570906060 501(C)(3) 223000 0 TO SUPPORT A PHYSICIAN LEADERSHIP PROGRAM AND ENHANCE PATIENT RESOURCE CONNECTIONS NEBRASKA MEDICAL FOUNDATION 233 S 13TH STREET SUITE 1200 LINCOLN NE 68508 476036827 501(C)(3) 75000 0 TO SUPPORT A PHYSICIAN LEADERSHIP PROGRAM ADVOCATES FOR BETTER HEALTH 1300 GODWARD STREET STE 2000 MINNEAPOLIS MN 55413 510178010 501(C)(3) 75000 0 SUPPORT EXPANSION OF THE PUBLIC HEALTH LEADERSHIP PROGRAM WYOMING MEDICAL SOCIETY SCHOLARSHIP FUND 122 E 17TH STREET CHEYENNE WY 82001 836004846 501(C)(3) 75000 0 TO SUPPORT A PHYSICIAN LEADERSHIP PROGRAM BOARD OF TRUSTEES UNIVERSITY OF ILLINOIS 506 S WRIGHT ST 209 HAB NO MC339 URBANA IL 61801 376000511 501(C)(3) 100000 0 UNDERSTAND IMPACT OF AI ON PHYSICIAN WELLNESS INLAND EMPIRE HEALTH INFORMATION ORGANIZATION PO BOX 2425 RIVERSIDE CA 92516 815089538 501(C)(3) 141000 0 DRIVERS OF HEALTH ASSESSMENT INTEGRATION KNOXVILLE ACADEMY OF MEDICINE FOUNDATION 9032 CROSS PARK DR KNOXVILLE TN 37923 621458199 501(C)(3) 150000 0 DRIVERS OF HEALTH ASSESSMENT INTEGRATION MEDICAL SOCIETY OF SEDGWICK COUNTY PHYSICIAN LEADERSHIP ALLIANCE 1102 S HILLSIDE ST WICHITA KS 67211 473912727 501(C)(3) 150000 0 IMPROVING PATIENT OUTCOMES THROUGH ENHANCED DRIVERS OF HEALTH NORTHWESTERN MEMORIAL FOUNDATION 541 N FAIRBANKS CT STE 800 CHICAGO IL 60611 363155315 501(C)(3) 100000 0 IMPROVING LABOR AND DELIVERY THROUGH ARTIFICIAL INTELLIGENCE PROVIDENCE ST JOSEPH NATIONAL FOUNDATION 4400 NE HALSEY ST SUITE 599 PORTLAND OR 97213 943078543 501(C)(3) 100000 0 AI-POWERED CLINICAL DECISION SUPPORT UC SAN DIEGO HEALTH 200 W ARBOR DRIVE SAN DIEGO CA 92103 957064556 501(C)(3) 100000 0 SUPPORT WELLNESS PROGRAMS RUSH UNIVERSITY MEDICAL CENTER 1620 W HARRISON ST CHICAGO IL 60612 362174823 501(C)(3) 131000 0 IMPROVE CARDIOMETABOLIC HEALTH PROFILES OF AT-RISK CHICAGO COMMUNITIES 15 PART I, LINE 2: TO ENSURE THAT ITS ASSETS ARE USED FOR CHARITABLE PURPOSES, THE FOUNDATION MAKES GRANTS ONLY TO 501(C)(3) ORGANIZATIONS AND 501(C)(6) ORGANIZATIONS THAT ARE DEEMED TO BE DESCRIBED IN SECTION 509(A)(2). FUNDED PROJECTS ARE APPROVED ONLY AFTER A RIGOROUS APPLICATION PROCESS. THE GRANT COMMITTEE MEETS QUARTERLY TO DISCUSS RECOMMENDED PHYSICIAN LEADERSHIP PROPOSALS AND APPROVAL OF GRANTS THAT RELATE TO THE FOUNDATION'S MISSION. FINAL RECOMMENDATIONS ARE APPROVED BY THE FULL BOARD. GRANTS ARE MADE SUBJECT TO A WRITTEN AGREEMENT REQUIRING PERIODIC AND FINAL FINANCIAL AND NARRATIVE REPORTS AND PROVIDING THAT THE FOUNDATION MAY WITHHOLD FUTURE PAYMENTS AND DEMAND CORRECTION OF MISUSE OF FUNDS SHOULD THE FOUNDATION DETERMINE THAT FUNDS HAVE NOT BEEN USED FOR APPROVED PURPOSES. X X X 0 0 0 0 0 0 0 0 0 DUSTIN CORCORAN MEMBER 10500 897159 0 558800 0 28178 0 61866 0 63850 10500 1609853 0 0 MICHAEL DARROUZET MEMBER 3750 601333 0 50661 0 18766 0 34500 0 13044 3750 718304 0 0 JOHN DORMAN COO 123320 431600 0 0 0 39676 0 67868 0 13044 123320 552188 0 0 HURSHELL BAGGETT MEMBER 10500 315000 0 31000 0 171 0 13846 0 36809 10500 396826 0 0 JENNIFER HANSCOM VICE PRESIDENT 14500 336166 0 12962 0 7000 0 9900 0 13337 14500 379365 0 0 ROBERT SELIGSON CEO 350330 0 0 0 0 0 0 0 0 0 350330 0 0 0 AMY REYNOLDSON MEMBER 13500 154560 0 12000 0 31250 0 16296 0 7294 13500 221400 0 0 LARRY DOWNS SECRETARY 15500 210196 0 0 0 8846 0 0 0 0 15500 219042 0 0 FORM 990, PART VI, SECTION A, LINE 2 JOHN DORMAN, COO, AND BOARD MEMBER MICHAEL DARROUZET ARE BOTH ORGANIZATIONAL OFFICERS AT TEXAS MEDICAL ASSOCIATION. FORM 990, PART VI, SECTION A, LINE 4 THE BYLAWS WERE AMENDED TO PROVIDE FOR DETERMINING SENIORITY OF VICE-PRESIDENTS, INCORPORATE AIP STANDARD CODE OF PARLIAMENTARY PROCEDURE, 2ND EDITION, STRENGTHEN CONFLICT OF INTEREST PROVISIONS TO INCLUDE A BOARD MEMBER SELECTED BY A STATE OR COUNTY MEDICAL SOCIETY WHEN AN ISSUE BEFORE THE BOARD AFFECTS THAT STATE OR COUNTY MEDICAL SOCIETY, AND AMEND HE/SHE PRONOUNS TO GENDER NEUTRAL TERMS. FORM 990, PART VI, SECTION A, LINE 7A THE MEDICAL ASSOCIATIONS AND SOCIETIES NAMED IN THE FOUNDATION'S BYLAWS HAVE THE POWER TO APPOINT MEMBERS OF THE BOARD OF DIRECTORS AND MAY REMOVE THEIR RESPECTIVE APPOINTEES. FORM 990, PART VI, SECTION B, LINE 11B A DRAFT OF THE FORM 990 IS REVIEWED BY THE COO AND DISTRIBUTED TO EACH BOARD MEMBER PRIOR TO FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C BOARD MEMBERS ARE REQUIRED TO DISCLOSE POTENTIAL CONFLICTS OF INTEREST NO LESS FREQUENTLY THAN ANNUALLY. THE BOARD OF DIRECTORS REVIEWS THE DISCLOSURES AND ENSURES ALL TRANSACTIONS ARE FAIR TO THE FOUNDATION. IF THE POLICY IS VIOLATED, THE BOARD OF DIRECTORS MAY VOID THE CONTRACT OR TRANSACTION AND RECOVER DAMAGES OR MODIFY THE PRICE AND TERMS TO MATCH WHAT THE FOUNDATION WOULD RECEIVE IN AN ARM'S-LENGTH NEGOTIATION. FORM 990, PART VI, SECTION B, LINE 15A IN 2015, THE BOARD OF DIRECTORS CONTRACTED WITH AN INDEPENDENT COMPENSATION CONSULTANT TO ENSURE THAT AMOUNTS PAID TO DIRECTORS, CEO, AND COO ARE NOT EXCESSIVE. FORM 990, PART VI, SECTION C, LINE 19 ALL REQUIRED DOCUMENTS ARE AVAILABLE TO THE PUBLIC UPON WRITTEN REQUEST. FORM 990, PART IX, LINE 11G GRANT MANAGEMENT FEES: PROGRAM SERVICE EXPENSES 273,203. MANAGEMENT AND GENERAL EXPENSES 140,741. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 413,944. COMMUNICATIONS: PROGRAM SERVICE EXPENSES 388,949. MANAGEMENT AND GENERAL EXPENSES 63,317. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 452,266. FELLOWS PROGRAM: PROGRAM SERVICE EXPENSES 18,000. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 18,000. ALASKA STATE MEDICAL ASSOCIATION 4107 LAUREL ST ANCHORAGE AK 99508 926002176 PROFESSIONAL SOCIETY REPRESENTING PHYSICIANS AK 501(C)(6) 0 CALIFORNIA MEDICAL ASSOCIATION 1201 J STREET SUITE 200 SACREMENTO CA 95814 940359340 PROFESSIONAL SOCIETY REPRESENTING PHYSICIANS CA 501(C)(6) 0 CONNECTICUT STATE MEDICAL SOCIETY 127 WASHINGTON AVE EAST 3RD FLOOR NORTH HAVEN CT 06473 060665164 PROFESSIONAL SOCIETY REPRESENTING PHYSICIANS CT 501(C)(6) 0 DENTON COUNTY MEDICAL SOCIETY 3537 S INTERSTATE 35 ESTE 302 DENTON TX 76210 751676014 PROFESSIONAL SOCIETY REPRESENTING PHYSICIANS TX 501(C)(6) 0 EL PASO COUNTY MEDICAL SOCIETY 730 CITADEL DR EAST SUITE 206 COLORADO SPRINGS CO 80909 741238007 PROFESSIONAL SOCIETY REPRESENTING PHYSICIANS CO 501(C)(6) 0 FLORIDA MEDICAL ASSOCIATION 1430 PIEDMONT DR E TALLAHASSEE FL 32308 590559672 PROFESSIONAL SOCIETY REPRESENTING PHYSICIANS FL 501(C)(6) 0 HAWAII MEDICAL ASSOCIATION 1360 S BERETANIA ST 200 HONOLULU HI 96814 990067306 PROFESSIONAL SOCIETY REPRESENTING PHYSICIANS HI 501(C)(6) 0 LOUISIANA STATE MEDICAL SOCIETY 6767 PERKINS ROAD SUITE 100 BATON ROUGE LA 70808 720386637 PROFESSIONAL SOCIETY REPRESENTING PHYSICIANS LA 501(C)(6) 0 MEDICAL ASSOCIATION OF GEORGIA 1849 THE EXCHANGE SUITE 200 ATLANTA GA 30339 580605267 PROFESSIONAL SOCIETY REPRESENTING PHYSICIANS GA 501(C)(6) 0 MEDICAL SOCIETY OF NEW JERSEY TWO PRINCESS ROAD LAWRENCEVILLE NJ 08648 210601684 PROFESSIONAL SOCIETY REPRESENTING PHYSICIANS NJ 501(C)(6) 0 MEDICAL SOCIETY OF NEW YORK 865 MERRICK AVE SUITE 200 WESTBURY NY 11590 131030760 PROFESSIONAL SOCIETY REPRESENTING PHYSICIANS NY 501(C)(6) 0 MEDICAL SOCIETY OF NORTHERN VIRGINA 4604 JONES BRANCH DR SUITE 3150 MCLEAN VA 22102 540739279 PROFESSIONAL SOCIETY REPRESENTING PHYSICIANS VA 501(C)(6) 0 NEBRASKA MEDICAL ASSOCIATION 233 S 13TH STREET SUITE 1200 LINCOLN NE 68508 470372108 PROFESSIONAL SOCIETY REPRESENTING PHYSICIANS NE 501(C)(6) 0 NEW HAMPSHIRE MEDICAL SOCIETY 7 NORTH STATE DTREET CONCORD NH 03301 020223176 PROFESSIONAL SOCIETY REPRESENTING PHYSICIANS NH 501(C)(6) 0 NORTH CAROLINA MEDICAL ASSOCIATION PO BOX 27167 RALEIGH NC 27611 560320130 PROFESSIONAL SOCIETY REPRESENTING PHYSICIANS NC 501(C)(6) 0 SOUTH CAROLINA MEDICAL ASSOCIATION 132 WESTPARK BLVD COLUMBIA SC 29210 570248750 PROFESSIONAL SOCIETY REPRESENTING PHYSICIANS SC 501(C)(6) 0 TENNESSEE MEDICAL ASSOCIATION 701 BRADFORD AVENUE NASHVILLE TN 37204 620382010 PROFESSIONAL SOCIETY REPRESENTING PHYSICIANS TN 501(C)(6) 0 TEXAS MEDICAL ASSOCIATION 401 WEST 15TH STREET SUITE 100 AUSTIN TX 78701 741078510 PROFESSIONAL SOCIETY REPRESENTING PHYSICIANS TX 501(C)(6) 0 VERMONT MEDICAL SOCIETY PO BOX 1457 MONTPELIER VT 05601 030164911 PROFESSIONAL SOCIETY REPRESENTING PHYSICIANS VT 501(C)(6) 0 WASHINGTON STATE MEDICAL ASSOCIATION 2001 SIXTH AVE SUITE 2700 SEATTLE WA 98121 910462170 PROFESSIONAL SOCIETY REPRESENTING PHYSICIANS WA 501(C)(6) 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 0 1 0 MEDICAL SOCIETY OF NEW JERSEY P 10060 FMV TEXAS MEDICAL ASSOCIATION P 34919 FMV TEXAS MEDICAL ASSOCIATION M 115000 CONTRACTED AMOUNT WASHINGTON STATE MEDICAL ASSOCIATION P 10828 FMV MEDICAL SOCIETY OF NORTHERN VIRGINIA R 13500 FMV TEXAS MEDICAL ASSOCIATION R 9750 FMV CALIFORNIA MEDICAL ASSOCIATION P 1866 FMV