Form 990 for tax year 2022

Totals

Total revenue

$7,496,039

Total expenses

$3,827,303

Contributions and grants received

$552,500

Grants paid

$1,001,600

Program service revenue

$0

Investment income

$6,942,017

Other revenue

$1,522

Total assets, end of year

$84,153,316

Total liabilities, end of year

$1,244,062

Net assets or fund balances, end of year

$82,909,254

Program services expenses (Part IX)

$3,827,303

Management and general expenses

$0

Fundraising expenses

$0

Program service expenses (Part III)

$3,827,303

Program services were 100.0% 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.

Mission and programs · 2022

• THE FOUNDATION SEEKS TO ADVANCE THE CORE VALUES OF MEDICAL PROFESSIONALISM AS A FORCE TO IMPROVE THE QUALITY OF HEALTH CARE IN THE UNITED STATES. THE IDEALS OF PROFESSIONALISM ARE OUTLINED IN THE PHYSICIAN CHARTER, THE CREATION OF WHICH THE FOUNDATION CO-SPONSORED AND WHICH HAS BEEN WIDELY EMBRACED. SINCE 2012, THE FOUNDATION HAS LED THE CHOOSING WISELY CAMPAIGN, WHICH HAS STRESSED THE IMPORTANCE OF AVOIDING UNNECESSARY AND POTENTIALLY HARMFUL CARE. AND SINCE 2017, THE FOUNDATION HAS FOCUSED ON IMPROVING TRUST IN THE HEALTH CARE SYSTEM AND MAKING IT MORE WORTHY OF TRUST. THROUGH OUR INITIATIVES, WE SEEK TO BETTER UNDERSTAND THESE OBSTACLES AND EXPLORE WAYS TO OVERCOME THEM. MUCH OF OUR WORK FOCUSES ON ADVANCING MEDICAL PROFESSIONALISM IN THE AREA OF THE WISE USE, OR STEWARDSHIP, OF RESOURCES. (CONT'D ON SCH. O) THIS INCLUDES THE SUCCESSFUL CHOOSING WISELY CAMPAIGN WHICH HAS RESHAPED HOW PHYSICIANS AND PATIENTS DISCUSS WHETHER OR NOT PARTICULAR SERVICES ARE IN THE BEST INTEREST OF THE PATIENT. IT ALSO INCLUDES THE BUILDING TRUST INITIATIVE, A MULTI-FACETED EFFORT TO INCREASE CONVERSATION, THOUGHT LEADERSHIP, RESEARCH AND BEST PRACTICES TO ELEVATE TRUST AS AN ESSENTIAL ORGANIZING PRINCIPLE FOR IMPROVING HEALTH CARE.ONE OF OUR MOST SIGNIFICANT CONTRIBUTIONS HAS BEEN THE PUBLICATION OF MEDICAL PROFESSIONALISM IN THE NEW MILLENIUM: A PHYSICIAN CHARTER IN 2002. OUR PAST AND PRESENT INITIATIVES FOCUS ON PROMOTING THE PRINCIPLES AND COMMITMENTS OUTLINED IN THIS SEMINAL DOCUMENT.

  Expenses $3,827,303 · Grants $1,001,600

As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

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

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

• INSTITUTE FOR HEALTHCARE IMPROVEMENT

  $374,901

  TO REFINE THEORY OF CHANGE FOR BUILDING TRUST BY TESTING AT IMPLEMENTATION SITES TO REFINE THE KEY DRIVERS AND CHANGE IDEAS THAT IMPROVE ORGANIZATIONAL TRUSTWORTHINESS

• ACADEMYHEALTH

  $124,699

  ADVANCE RESEARCH AND INFORM POLICY AND PRACTICE TO IMPROVE TRUST IN OUR HEALTH CARE SYSTEM

• CITY OF ANNAPOLIS MARYLAND

  $30,000

  ADDRESS MISINFORMATION AND ITS CONSEQUENCES AMONG BLACK AND HISPANIC COMMUNITIES IN ANNAPOLIS

• RESEARCH FOUNDATION OF CUNY ON BEHALF OF BARUCH COLLEGE

  $30,000

  TO STUDY AND WRITE A REPORT ON PRACTICES AND ACTIONS CLINICIANS BELIEVE BUILD TRUST IN LEADERS OF HEALTH CARE ORGANIZATIONS

• CHICAGO ASSOCIATION FOR RESEARCH AND EDUCATION IN SCIENCE

  $20,000

  USE OF POINT OF CARE ULTRASOUND IN PRE-MEDICAL PIPELINE PROJECT

• EASTERN VIRGINIA MEDICAL SCHOOL

  $20,000

  ADDRESSING VACCINE HESITANCY AND INEQUITY

• HONORHEALTH FOUNDATION

  $20,000

  BUILDING A CULTURE OF DIVERSITY, EQUITY, AND INCLUSION

• ICAHN SCHOOL OF MEDICINE AT MOUNT SINAI

  $20,000

  UTILIZATION OF PATIENT-CENTERED INFORMATION EXCHANGE TO PROMOTE SYSTEMS-BASED INNOVATION AMONG INTERNAL MEDICINE TRAINEES

• REGENTS OF THE UNIVERSITY OF CALIFORNIA - UNIVERSITY OF CALIFORNIA SAN DIE

  $20,000

  DIDACTIC SESSIONS AND COMMUNITY PARTNERSHIPS AS SOCIAL JUSTICE CURRICULUM FOR INTERNAL MEDICINE PRIMARY CARE RESIDENTS

• THE BOARD OF TRUSTEES OF THE UNIVERSITY OF ARKANSAS

  $20,000

  DEVELOPMENT AND IMPLEMENTATION OF A TRAINEE-LED RESEARCH PROGRAM TO IDENTIFY, AUDIT, AND MODIFY STIGMATIZING LANGUAGE IN INTERNAL MEDICINE PATIENT CHARTING AT UNIVERSITY OF ARKANSAS FOR MEDICAL SCIENCES

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.

• THE AMERICAN BOARD OF INTERNAL MEDICINE

  501(C)(3) · TO ENHANCE THE QUALITY OF HEALTH CARE IN INTERNAL MEDICINE · IA

Provenance

Return type

form_990

Tax year

2022

Filed

8 April 2024

IRS schema version

2022v5.0

Source object

202401319349302055

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

The source document this was parsed from is served over the API, which is where bulk and document access live.