American Academy Of Family Physicians Foundation
- Assets
- $23.4m
- Revenue
- $5.6m
- Investments
- $2.4m
- Employees
- 0
- Location
- Leawood, KS
- Founding
- 04/1967
- Data as of
- 12/2022
- EIN
- 44-6013671
Organization Overview
American Academy Of Family Physicians Foundation is located in Leawood, KS. The organization was established in 1967. According to its NTEE Classification (E02) the organization is classified as: Management & Technical Assistance, under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. American Academy Of Family Physicians Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, American Academy Of Family Physicians Foundation generated $5.6m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 1.3% each year. All expenses for the organization totaled $4.9m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, American Academy Of Family Physicians Foundation has awarded 246 individual grants totaling $14,141,617. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE AAFP FOUNDATION ADVANCES THE VALUES OF FAMILY MEDICINE BY PROMOTING HUMANITARIAN, EDUCATIONAL AND SCIENTIFIC INITIATIVES THAT IMPROVE THE HEALTH OF ALL PEOPLE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SEE SCHEDULE O
SEE SCHEDULE O
SEE SCHEDULE O
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
R Shawn Martin Board Member\ex-Officio | Trustee | 1 | $0 |
Heather E Palmer MBA MA Executive Director | Officer | 32 | $0 |
Brenda Gaston Assistant Controller | 10 | $0 | |
Andrew Jp Carroll MD Faafp Board Member-Resigned Oct 2022 | Trustee | 1 | $0 |
Gail Guerrero-Tucker MD Faafp Board Member\academy 2023 | Trustee | 1 | $0 |
Mary F Campagnolo MD MBA Faafp Board Member\academy 2023 | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
American Academy Of Family Phys Admin And Management | 12/30/16 | $1,925,198 |
Henry Wurst Inc Printing & Mail Svcs | 12/30/16 | $104,597 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $63,145 |
| Related organizations | $114,638 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $3,451,687 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,629,470 |
| Total Program Service Revenue | $0 |
| Investment income | $2,008,752 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$1,024 |
| Net Income from Fundraising Events | -$1,541 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $5,636,494 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $2,140,378 |
| Grants and other assistance to domestic individuals. | $187,950 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $21,000 |
| Compensation of current officers, directors, key employees. | $12,900 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $5,429 |
| Fees for services: Accounting | $30,408 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $38,296 |
| Fees for services: Other | $1,850,671 |
| Advertising and promotion | $27,469 |
| Office expenses | $2,283 |
| Information technology | $65,182 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $105,952 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $189,255 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $38,612 |
| Insurance | $11,195 |
| All other expenses | $0 |
| Total functional expenses | $4,935,787 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,251,649 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $155,529 |
| Accounts receivable, net | $218,630 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $136,003 |
| Net Land, buildings, and equipment | $108,310 |
| Investments—publicly traded securities | $18,176,375 |
| Investments—other securities | $2,399,043 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $23,445,539 |
| Accounts payable and accrued expenses | $732,456 |
| Grants payable | $55,155 |
| Deferred revenue | $29,600 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $159,936 |
| Total liabilities | $977,147 |
| Net assets without donor restrictions | $16,679,675 |
| Net assets with donor restrictions | $5,788,717 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $23,445,539 |
Grants Awarded
Over the last fiscal year, American Academy Of Family Physicians Foundation has awarded $2,046,803 in support to 23 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICAN ACADEMY OF FAMILY PHYSICIANS PURPOSE: VAR PROGRAM SUPPORT | $1,649,377 |
PROVIDENCE HEALTH & SERVICES WASHINGTON PURPOSE: FAM MED DISCOVERS | $40,000 |
HENRY M JACKSON FOUNDATION FOR THE ADVANCEMENT OF PURPOSE: FAM MED DISCOVERS | $40,000 |
MUNCIE MISSION MINISTRIES INC PURPOSE: FAMILY MEDICINE CARE | $19,982 |
LANDER FREE MEDICAL CLINIC PURPOSE: FAMILY MEDICINE CARE | $23,260 |
TALLAHASSEE MEMORIAL HEALTHCARE FOUNDATION PURPOSE: FAMILY MEDICINE CARE | $16,500 |