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Nonprofiteer
← CALIFORNIA ACADEMY OF FAMILY PHYSICIANS FOUNDATION

Form 990 for tax year 2024

Filed by CALIFORNIA ACADEMY OF FAMILY PHYSICIANS FOUNDATION.

Totals

Total revenue
$1,714,765
Total expenses
$1,832,165
Contributions and grants received
$1,460,899
Grants paid
$1,355,498
Program service revenue
$103,365
Investment income
$147,910
Other revenue
$2,591
Total assets, end of year
$3,136,390
Total liabilities, end of year
$69,107
Net assets or fund balances, end of year
$3,067,283
Program services expenses (Part IX)
$1,726,191
Management and general expenses
$105,974
Fundraising expenses
$0
Program service expenses (Part III)
$1,726,191

Program services were 94.2% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1b · Membership dues

    $192,937

  • 1e · Government grants (contributions)

    $1,171,588

  • 1f · All other contributions, gifts and grants

    $96,374

  • 2a · Program service revenue: CONTINUING MEDICAL EDU

    total $103,365 · related or exempt $103,365

  • 3 · Investment income

    total $79,700 · excluded $79,700

  • 7a · Gross sales of assets other than inventory

    securities $134,711

  • 7b · Less cost or other basis and sales expenses

    securities $66,501

  • 7c · Gain or loss

    securities $68,210

  • 7d · Net gain or loss

    total $68,210 · excluded $68,210

  • 11a · Other revenue: OTHER INCOME

    total $2,591 · related or exempt $2,591

  • 11e · Other revenue, total

    $2,591

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $1,333,823 · program services $1,333,823

  • 2 · Grants to domestic individuals

    total $21,675 · program services $21,675

  • 11f · Fees: investment management

    total $11,296 · management and general $11,296

  • 11g · Fees: other

    total $94,238 · program services $74,633 · management and general $19,605

  • 13 · Office expenses

    total $1,652 · program services $1,284 · management and general $368

  • 14 · Information technology

    total $13,036 · program services $12,997 · management and general $39

  • 17 · Travel

    total $16,092 · program services $10,750 · management and general $5,342

  • 23 · Insurance

    total $1,500 · program services $1,166 · management and general $334

  • 24a · Other expenses: REIMBURSED PERSONEL EXP

    total $214,665 · program services $172,836 · management and general $41,829

  • 24b · Other expenses: FOOD, BEVERAGE AND FACI

    total $55,601 · program services $54,337 · management and general $1,264

  • 24c · Other expenses: OTHER OPERATING EXPENSE

    total $30,605 · program services $8,664 · management and general $21,941

  • 24d · Other expenses: OTHER PROJECT EXPENSE

    total $19,217 · program services $16,846 · management and general $2,371

  • 24e · All other expenses

    total $18,765 · program services $17,180 · management and general $1,585

Balance sheet

Part X, book values.

  • 2 · Savings and temporary cash investments

    beginning of year $934,886 · end of year $628,454

  • 3 · Pledges and grants receivable

    end of year $55,226

  • 11 · Investments: publicly traded securities

    beginning of year $2,262,013 · end of year $2,452,710

  • 17 · Accounts payable and accrued expenses

    beginning of year $95,100 · end of year $24,195

  • 18 · Grants payable

    end of year $44,912

  • 27 · Net assets without donor restrictions

    beginning of year $3,087,215 · end of year $3,067,283

  • 28 · Net assets with donor restrictions

    beginning of year $14,584 · end of year $0

Mission and programs · 2024

Mission

THE MISSION OF THE CALIFORNIA ACADEMY OF FAMILY PHYSICIANS FOUNDATION (CAFP-F) IS TO ADVANCE THE DELIVERY OF ACCESSIBLE, COMPASSIONATE AND COMPREHENSIVE HEALTH CARE TO THE PEOPLE OF CALIFORNIA BY SUPPORTING THE GOALS AND PROJECTS OF THE CALIFORNIA ACADEMY OF FAMILY PHYSICIANS AND SECURING DIVERSE PHILANTHROPIC RESOURCES TO ACCOMPLISH THOSE GOALS.

Activities or mission (Part I)

TO RECRUIT DIVERSE PHILANTHROPIC RESOURCES TO SUPPORT THE GOALS AND PROJECTS OF THE CALIFORNIA ACADEMY OF FAMILY PHYSICIANS.

  • THE CALIFORNIA ACADEMY OF FAMILY PHYSICIANS FOUNDATION SUPPORTS MEDICAL STUDENT AND FAMILY MEDICINE ACTIVITIES SUCH AS THE FAMILY MEDICINE INTEREST GROUPS ON MEDICAL SCHOOL CAMPUSES, THE FAMILY MEDICAL SUMMIT FOR RESIDENTS, THE FUTURE FACES OF FAMILY MEDICINE PROGRAM, AND MEDICAL STUDENT RESEARCH EXTERNSHIPS. THE FOUNDATION SUPPORTS THE CALIFORNIA RESIDENCY NETWORK AND FM RESIDENTS. THE FOUNDATION ALSO FACILITATES MEETINGS AND DEVELOPS CONTINUING MEDICAL EDUCATION ACTIVITIES RELATED TO ADDRESSING A VARIETY OF CLINICAL ISSUES OF IMPORTANCE TO FAMILY PHYSICIANS.

    Expenses $1,726,191 · Grants $1,355,498 · Revenue $105,956

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Ron Labuguen

    PRESIDENT

    Total calculated
    $0
    Hours/week
    2 + 2 related

  • Irina De Fischer

    SECRETARY-TREASURER

    Total calculated
    $0
    Hours/week
    2

  • Anna Askari

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Matthew Varallo

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Lalita Abhyankar

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2 + 2 related

  • Soomin Jung

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2 + 2 related

  • Amanda Helle

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2 + 2 related

  • Parastou Farhadian

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Scott Kessenick

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Thomas Bent

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Van Nguyen

    DIRECTOR

    Total calculated
    $0
    Hours/week
    2

  • Pamela Mann

    EXECUTIVE DIRECTOR

    Total calculated
    $120,568
    From this org
    $0
    From related orgs
    $106,574
    Other
    $13,994
    Hours/week
    40

  • Lisa Folberg

    CEO

    Total calculated
    $351,234
    From this org
    $0
    From related orgs
    $295,910
    Other
    $55,324
    Hours/week
    2 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $281,600 related
    Bonus
    $0 + $14,310 related
    Other
    $0
    Deferred
    $0 + $40,464 related
    Nontaxable benefits
    $0 + $14,860 related
    Filer's total
    $0 + $351,234 related

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

None.

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

SCHEDULE J, QUESTION 3, PART I
THE CEO IS PAID FROM A RELATED ORGANIZATION, CALIFORNIA ACADEMY OF FAMILY PHYSICIANS. THE RELATED ORGANIZATION USES THE FOLLOWING PROCEDURES TO ESTABLISH COMPENSATION OF THE ORGANIZATION'S CEO. COMPENSATION COMMITTEE, INDEPENDENT COMPENSATION CONSULTANT, FORM 990 OF OTHER ORGANIZATIONS, WRITTEN EMPLOYMENT CONTRACT, AND APPROVAL OF THE BOARD OR COMPENSATION COMMITTEE.

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

The 10 largest by cash amount. The API serves every itemized grant.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

  • CALIFORNIA ACADEMY OF FAMILY PHYSICIANS

    501(C)(6) · PROMOTION OF FAMILY MEDICINE EXCELLENCE · CA

  • CALIFORNIA ACADEMY OF FAMILY PHYSICIANS POLITICAL ACTION COMMITTEE

    527 · POLITICAL ACTION COMMITTEE · CA

Provenance

Return type
form_990
Tax year
2024
Filed
14 November 2025
IRS schema version
2024v5.2
Source object
202503219349323440

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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