Public Charity

ABFM FOUNDATION INC

ABFM FOUNDATION INC, of LEXINGTON, KY, is a Public Charity tracked in Imperigo's IRS 990 database. The 2024 filing shows $25.0M in revenue, $9.5M in expenses, $130.6M in total assets. 3 publicly reported grants to this organization, totaling roughly $116K, appear in IRS filings.

EIN: 611368512 LEXINGTON, KY Centers to Support the Independence of Specific Populations NTEE: P80 Latest filing: 2024

Total Revenue$25.0M

Total Expenses$9.5M

Total Assets$130.6M

Grant Records3

Funding Total$116K

Filing Years2019–2024

Mission

TO PERFORM THE FUNCTIONS OF AND CARRY OUT THE EDUCATION SCIENTIFIC LITERARY AND CHARITABLE PURPOSES OF ITS SUPPORTED ORGANIZATION, THE AMERICAN BOARD OF FAMILY MEDICINE (ABFM) INCLUDING: (A)TO ACCEPT FUNDING REQUESTS SUBMITTED TO THE ABFM OR FROM OTHER ORGANIZATIONS INVOLVED IN THE FOSTERING OF EDUCATION, SCHOLARLY ACTIVITIES OR RESEARCH IN FAMILY MEDICINE OR EDUCATIONAL TRAINING AND TESTING AND TO ADVISE THE ABFM OF THE BENEFIT TO THE SPECIALTY OF FAMILY MEDICINE OF PROVIDING SUCH SUPPORT; (B)TO SOLICIT AND ACCEPT CONTRIBUTIONS OR RESEARCH GRANTS FROM ORGANIZATIONS TO HELP FUND ANY PROJECTS/INITIATIVES THAT MEET THE ABOVE REQUIREMENTS.

Where $100 goes at Abfm Foundation Inc

How Abfm Foundation Inc divides every $100 it spends, from its own Form 990 filings, averaged across 5 years.

$95 Programs the work itself

$5 Management running the organization

$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $95 for programs

$33

Research directed towards improving the education, training and certification processes for family physicians

34% of program spending

$27

Provide funding to support organizations engaged in providing educational opportunities, scholarly efforts or research in family medicine and administration of the same

29% of program spending

$26

The foundation manages the center for professionalism & value in health care

28% of program spending

Plus 1 more program. Cost per person served and the full program breakdown are on the full profile.

Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Sample Grants Received

CALIFORNIA HEALTHCARE FOUNDATION

2024

ENGAGEMENT STRATEGY FOR GRADUATE MEDICAL EDUCATION REFORM

$8,000

VANGUARD CHARITABLE ENDOWMENT PROGRAM

2023

FOR RECIPIENT'S EXEMPT PURPOSE

$75,000

AMERICAN BOARD OF PEDIATRICS FOUNDATION INC

2016

Support Project for Physician Faculty Development

$33,333

Showing up to 5 of 3 total records — full history available with membership.

Officers & Directors

DIRECTOR Carlos Gonzales

DIRECTOR AND VICE CHAIR Carlos Jaen Md

DIRECTOR Collen Conry Md

DIRECTOR AND CHAIR Diane Beebe Md

DIRECTOR Jerry Kruse

DIRECTOR AND TREASURER Laura Brooks Md

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support

$75,000 1 grant

Health & Medicine

$41,333 2 grants

Financial Trends

Year	Revenue	Expenses	Assets
2024	$25.0M	$9.5M	$130.6M
2023	$8.9M	$7.8M	$109.2M
2022	$8.2M	$8.5M	$94.6M
2020	$8.2M	$3.5M	$70.7M
2019	$16.4M	$3.3M	$61.8M

Between 2019 and 2024, reported annual revenue grew from $16.4M to $25.0M (+53%), with total assets most recently reported at $130.6M.

Interactive year-over-year charts and full filing details available with membership.

See the full picture for ABFM FOUNDATION INC

Complete financials, all 3 grant records, officer compensation, year-over-year trend charts, a geographic grant map, and data exports — across 880,000+ organizations.

Full Financial History Complete Grant Activity Officer Compensation Year-over-Year Charts Geographic Grant Map Data Exports