American Academy Of Family Physicians Foundation
- Assets
- $25.2m
- Revenue
- $5.4m
- Investments
- $2.4m
- Employees
- 0
- Location
- Leawood, KS
- Founding
- 04/1967
- Data as of
- 12/2021
- 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 12/2021, American Academy Of Family Physicians Foundation generated $5.4m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.8% each year. All expenses for the organization totaled $4.3m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, American Academy Of Family Physicians Foundation has awarded 223 individual grants totaling $12,094,814. 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
2021
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 |
|---|---|---|---|
Tomas P Owens MD Board Member\vice President | OfficerTrustee | 2 | $900 |
Christina Pedro MD MBA Board Member\resident 2022 | Trustee | 1 | $900 |
David R Smith MD MPH Faafp Board Member\president Elect | OfficerTrustee | 8 | $675 |
Andrea Gavin MD Board Member\at-Large 2021 | Trustee | 1 | $600 |
Warren E Jones MD Faafp Board Member\public 2021 | Trustee | 1 | $600 |
Gretchen Irwin MD MBA Faafp Board Member\chapter 2021 | Trustee | 1 | $600 |
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 | $35,099 |
| Related organizations | $101,359 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,668,145 |
| Noncash contributions included in lines 1a–1f | $33,353 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,804,603 |
| Total Program Service Revenue | $0 |
| Investment income | $2,460,619 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $126,875 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $5,392,097 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $2,031,706 |
| Grants and other assistance to domestic individuals. | $122,940 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $6,825 |
| Compensation of current officers, directors, key employees. | $2,500 |
| 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 | $2,628 |
| Fees for services: Accounting | $27,128 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $38,319 |
| Fees for services: Other | $1,737,857 |
| Advertising and promotion | $30,490 |
| Office expenses | $4,638 |
| Information technology | $54,466 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $5,456 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $25,173 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $38,325 |
| Insurance | $10,900 |
| All other expenses | $0 |
| Total functional expenses | $4,284,438 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,839,670 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $148,188 |
| Accounts receivable, net | $119,624 |
| 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 | $73,067 |
| Net Land, buildings, and equipment | $141,181 |
| Investments—publicly traded securities | $20,456,999 |
| Investments—other securities | $2,428,701 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $25,207,430 |
| Accounts payable and accrued expenses | $328,401 |
| Grants payable | $87,891 |
| Deferred revenue | $0 |
| 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 | $188,057 |
| Total liabilities | $604,349 |
| Net assets without donor restrictions | $18,234,040 |
| Net assets with donor restrictions | $6,369,041 |
| 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 | $25,207,430 |
Grants Awarded
Over the last fiscal year, American Academy Of Family Physicians Foundation has awarded $2,031,706 in support to 24 organizations.
| Grant Recipient | Amount |
|---|---|
Leawood, KS PURPOSE: VAR PROGRAM SUPPORT | $1,724,625 |
UNIVERSITY OF WASHINGTON PURPOSE: FAM MED DISCOVERS | $40,000 |
BATISH MEDICAL SERVICES PURPOSE: FAM MED DISCOVERS | $40,000 |
Newfields, NH PURPOSE: FAMILY MEDICINE CARE | $21,609 |
Dayton, OH PURPOSE: FAMILY MEDICINE CARE | $14,500 |
Miami, FL PURPOSE: FAMILY MEDICINE CARE | $14,500 |
Grants Recieved
Over the last fiscal year, we have identified 11 grants that American Academy Of Family Physicians Foundation has recieved totaling $152,397.
| Awarding Organization | Amount |
|---|---|
Abbvie Foundation North Chicago, IL PURPOSE: GENERAL SUPPORT | $50,000 |
American Academy Of Family Physicians Leawood, KS PURPOSE: SUPPORT - CHFM | $21,000 |
T Rowe Price Program For Charitable Giving Inc Baltimore, MD PURPOSE: MULTIPLE | $20,100 |
Abfm Foundation Inc Lexington, KY PURPOSE: TO FUND THE CENTER FOR HISTORY OF FAMILY MEDICINE | $15,000 |
Schwab Charitable Fund San Francisco, CA PURPOSE: HEALTH | $10,188 |
Ardmore Insitiute Of Health Ardmore, OK PURPOSE: FINANCIAL SUPPORT | $10,000 |
Endowment Analysis
| Beg. Balance | $15,383,655 |
| Earnings | $2,870,267 |
| Admin Expense | $32,022 |
| Net Contributions | $158,450 |
| Other Expense | $579,302 |
| Grants | $34,650 |
| Ending Balance | $17,766,398 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Borgess Health Alliance Inc St Louis, MO | $46,781,570 | $6,896,966 |
Kvc Health Systems Inc Olathe, KS | $8,418,684 | $13,175,327 |
Comfort Bridge Denver, CO | $5,212,521 | $12,453,439 |
Hospital Industry Data Institute Jefferson City, MO | $14,138,483 | $12,900,741 |
Quality Health Network Grand Junction, CO | $10,220,292 | $7,289,603 |
Myhealth Access Network Inc Tulsa, OK | $2,014,032 | $4,400,201 |
Behavioral Health Network Of Greater St Louis Saint Louis, MO | $6,485,810 | $5,127,247 |
American Academy Of Family Physicians Foundation Leawood, KS | $25,207,430 | $5,392,097 |
Kansas Foundation For Medical Care Inc Topeka, KS | $3,484,437 | $4,847,331 |
Mha Health Institute Jefferson City, MO | $46,834,366 | $5,313,584 |
Ollie Webb Center Inc Omaha, NE | $600,690 | $1,481,535 |
Knowledge Management Associates Columbia, MO | $830,656 | $2,058,753 |