American Board Of Pediatrics Foundation Inc
- Assets
- $5.6m
- Revenue
- $1.1m
- Investments
- $0.0
- Employees
- 0
- Location
- Chapel Hill, NC
- Founding
- 04/1987
- Data as of
- 10/2023
- EIN
- 56-1520520
Organization Overview
American Board Of Pediatrics Foundation Inc is located in Chapel Hill, NC. The organization was established in 1987. According to its NTEE Classification (S50) the organization is classified as: Nonprofit Management, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. American Board Of Pediatrics Foundation Inc 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 10/2023, American Board Of Pediatrics Foundation Inc generated $1.1m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (7.1%) each year. All expenses for the organization totaled $1.6m during the year ending 10/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, American Board Of Pediatrics Foundation Inc has awarded 46 individual grants totaling $1,994,057. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
SEE SCHEDULE O
Describe the Organization's Program Activity:
Part 3 - Line 4a
PEDIATRIC SUBSPECIALTY WORKFORCE MODELING SEE SCHEDULE O FOR FULL DESCRIPTION
SUPPORT FOR PEDIATRIC RESEARCH, PEDIATRIC ORGANIZATIONS, AND PEDIATRIC MEETINGS INVOLVING PARENTS, MENTAL HEALTH AND RESIDENCY TRAINING
EPA - GENERAL PEDIATRICS CROSSWALK STUDY - SEE SCHEDULE O FOR FULL DESCRIPTION
ROADMAP - SEE SCHEDULE O FOR FULL DESCRIPTION
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Judy Schaechter MD MBA President & CEO -Through June 2023 | OfficerTrustee | 1 | $0 |
Ann E Hazinski MBA CPA Ex Officio VP Finance And CFO | OfficerTrustee | 3.5 | $0 |
David G Nichols MD MBA Former President And CEO | 0 | $0 | |
Stephanie D Davis MD 2022 Chair & 2023 Immediate Past Chair | OfficerTrustee | 0.5 | $0 |
Dewayne M Pursley 2022 Chair Elect & 2023 Chair | Trustee | 0.5 | $0 |
H Stacy Nicholson 2022 Immediate Past Chair | Trustee | 0 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Childrens Hospital Medical Center Behavioral Mental Health | 10/30/23 | $577,404 |
University Of Nc At Chapel Hill Contracted Service To Estimate The Future Supply Of Pediatric Subspecialist | 10/30/23 | $142,074 |
Research Triangle Institute Contracted Services For Administration And Research | 10/30/23 | $128,994 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $883,723 |
| Government grants | $1,600 |
| All other contributions, gifts, grants, and similar amounts not included above | $493 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $885,816 |
| Total Program Service Revenue | $0 |
| Investment income | $194,471 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,080,287 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $155,222 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| 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 | $832 |
| Fees for services: Accounting | $8,940 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,229,838 |
| Advertising and promotion | $0 |
| Office expenses | $72,651 |
| Information technology | $68,601 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $74,991 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $1,611,490 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $407,349 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $836,236 |
| 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 | $940 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $4,313,283 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $5,557,808 |
| Accounts payable and accrued expenses | $325,375 |
| Grants payable | $0 |
| 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 | $0 |
| Total liabilities | $325,375 |
| Net assets without donor restrictions | $5,232,433 |
| Net assets with donor restrictions | $0 |
| 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 | $5,557,808 |
Grants Awarded
Over the last fiscal year, American Board Of Pediatrics Foundation Inc has awarded $150,222 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
ACADEMIC PEDIATRIC ASSOCIATION PURPOSE: Support for Research in Academic Pediatrics Initiative on Diversity Program | $38,922 |
NATIONAL ACADEMY OF SCIENCE ENGINEERING AND MEDICINE PURPOSE: Support for the National Academies' Forum for Children's Well-Being | $40,000 |
ACADEMIC PEDIATRIC ASSOCIATION PURPOSE: Support for New Centuries Scholars Program | $35,000 |
ASSOCIATION OF MEDICAL SCHOOL PEDIATRIC DEPARTMENT CHAIRS PURPOSE: Support for the Frontiers in Science Program | $20,700 |
NATIONAL MEDICAL ASSOCIATION PURPOSE: Support for pediatric educational programs | $8,100 |
NATIONAL FEDERATION OF FAMILIES PURPOSE: Support for the achievements of families and professionals partnering to improve health care for all children | $7,500 |