Totals
- Total revenue
- $8,164,387
- Total expenses
- $3,743,741
- Contributions and grants received
- $0
- Grants paid
- $1,006,875
- Program service revenue
- $0
- Investment income
- $8,164,387
- Other revenue
- $0
- Total assets, end of year
- $100,184,190
- Total liabilities, end of year
- $1,623,249
- Net assets or fund balances, end of year
- $98,560,941
- Program services expenses (Part IX)
- $3,743,741
- Management and general expenses
- $0
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $3,743,741
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.
Revenue
Part VIII, the statement of revenue.
-
3 · Investment income
total $2,250,664 · unrelated business $56,101 · excluded $2,194,563
-
7a · Gross sales of assets other than inventory
securities $8,925,699
-
7b · Less cost or other basis and sales expenses
securities $3,011,976
-
7c · Gain or loss
securities $5,913,723
-
7d · Net gain or loss
total $5,913,723 · excluded $5,913,723
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $1,006,875 · program services $1,006,875
-
5 · Compensation of officers, directors and key employees
total $1,114,592 · program services $1,114,592
-
7 · Other salaries and wages
total $730,122 · program services $730,122
-
8 · Pension plan contributions
total $68,187 · program services $68,187
-
9 · Other employee benefits
total $131,871 · program services $131,871
-
10 · Payroll taxes
total $86,724 · program services $86,724
-
11b · Fees: legal
total $3,730 · program services $3,730
-
11c · Fees: accounting
total $19,474 · program services $19,474
-
11g · Fees: other
total $141,801 · program services $141,801
-
12 · Advertising and promotion
total $2,554 · program services $2,554
-
13 · Office expenses
total $99,712 · program services $99,712
-
16 · Occupancy
total $107,626 · program services $107,626
-
17 · Travel
total $55,301 · program services $55,301
-
19 · Conferences, conventions and meetings
total $136,765 · program services $136,765
-
23 · Insurance
total $30,407 · program services $30,407
-
24a · Other expenses: MEMBERSHIP DUES
total $8,000 · program services $8,000
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $295,111
-
2 · Savings and temporary cash investments
beginning of year $1,056,407 · end of year $782,477
-
3 · Pledges and grants receivable
beginning of year $125,001
-
9 · Prepaid expenses and deferred charges
beginning of year $130,000 · end of year $301,700
-
10a · Land, buildings and equipment: cost or other basis
$24,011
-
10b · Land, buildings and equipment: accumulated depreciation
$24,011
-
10c · Land, buildings and equipment, net
beginning of year $0 · end of year $0
-
11 · Investments: publicly traded securities
beginning of year $45,717,206 · end of year $52,136,994
-
12 · Investments: other securities
beginning of year $44,591,181 · end of year $46,963,019
-
17 · Accounts payable and accrued expenses
beginning of year $440,494 · end of year $1,000,223
-
18 · Grants payable
beginning of year $1,654,075 · end of year $572,070
-
25 · Other liabilities
beginning of year $57,944 · end of year $50,956
-
27 · Net assets without donor restrictions
beginning of year $89,304,418 · end of year $98,560,941
-
28 · Net assets with donor restrictions
beginning of year $457,975 · end of year $0
Mission and programs · 2024
Mission
SEE SCHEDULE O.AS AN OPERATING CHARITY, THE ABIM FOUNDATION DEVELOPS AND IMPLEMENTS PROJECTS IN SUPPORT OF OUR MISSION TO ADVANCE THE CORE VALUES OF MEDICAL PROFESSIONALISM AS A FORCE TO IMPROVE THE QUALITY OF HEALTH CARE.
-
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 $3,743,741 · Grants $1,006,875
As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
RICHARD J BARON
PRESIDENT/CEO TO AUG 2024
- Total calculated
- $1,566,325
- From this org
- $299,663
- From related orgs
- $1,198,651
- Other
- $68,011
- Hours/week
- 8 + 32 related
Schedule J breakdown matched by us
- Base
- $126,852 + $507,409 related
- Bonus
- $51,763 + $207,050 related
- Other
- $121,048 + $484,192 related
- Deferred
- $10,981 + $43,924 related
- Nontaxable benefits
- $2,621 + $10,485 related
- Filer's total
- $313,265 + $1,253,060 related
-
FURMAN S MCDONALD
PRESIDENT/CEO AS OF SEP 2024
- Total calculated
- $769,945
- From this org
- $132,584
- From related orgs
- $530,335
- Other
- $107,026
- Hours/week
- 8 + 32 related
Schedule J breakdown matched by us
- Base
- $97,727 + $390,908 related
- Bonus
- $20,887 + $83,548 related
- Other
- $13,970 + $55,879 related
- Deferred
- $20,178 + $80,714 related
- Nontaxable benefits
- $1,227 + $4,907 related
- Filer's total
- $153,989 + $615,956 related
-
RAJEEV JAIN MD
BOT
- Total calculated
- $60,000
- From this org
- $10,000
- From related orgs
- $50,000
- Other
- $0
- Hours/week
- 5 + 7 related
-
YUL D EJNES MD
BOT
- Total calculated
- $24,000
- From this org
- $10,000
- From related orgs
- $14,000
- Other
- $0
- Hours/week
- 5 + 5 related
-
DAVID L COLEMAN MD
PAST CHAIR
- Total calculated
- $20,000
- From this org
- $20,000
- From related orgs
- $0
- Other
- $0
- Hours/week
- 5
-
ALI KHAN
BOT
- Total calculated
- $12,500
- From this org
- $8,500
- From related orgs
- $4,000
- Other
- $0
- Hours/week
- 5 + 5 related
-
ASHER TULSKY
BOT
- Total calculated
- $11,000
- From this org
- $4,250
- From related orgs
- $6,750
- Other
- $0
- Hours/week
- 5 + 5 related
-
FREDERICK CERISE MD MPH
CHAIR
- Total calculated
- $10,000
- From this org
- $10,000
- From related orgs
- $0
- Other
- $0
- Hours/week
- 5
-
BRUCE LEFF
CHAIR-ELECT
- Total calculated
- $10,000
- From this org
- $10,000
- From related orgs
- $0
- Other
- $0
- Hours/week
- 5
-
ODETTE BOLANO
SECRETARY-TREASURER
- Total calculated
- $10,000
- From this org
- $10,000
- From related orgs
- $0
- Other
- $0
- Hours/week
- 5
-
HEATHER COMER YUN
BOT
- Total calculated
- $10,000
- From this org
- $10,000
- From related orgs
- $0
- Other
- $0
- Hours/week
- 5
-
SUSAN EDGMAN-LEVITAN
BOT
- Total calculated
- $10,000
- From this org
- $10,000
- From related orgs
- $0
- Other
- $0
- Hours/week
- 5
-
MARGARET FLINTER
BOT
- Total calculated
- $10,000
- From this org
- $10,000
- From related orgs
- $0
- Other
- $0
- Hours/week
- 5
-
REGINALD TUCKER-SEELEY
BOT
- Total calculated
- $10,000
- From this org
- $10,000
- From related orgs
- $0
- Other
- $0
- Hours/week
- 5
-
IRVING WASHINGTON
BOT
- Total calculated
- $0
- Hours/week
- 5
-
VINCENT MANDES
SENIOR VICE PRESIDENT/CFO
- Total calculated
- $516,914
- From this org
- $45,896
- From related orgs
- $413,070
- Other
- $57,948
- Hours/week
- 4 + 36 related
Schedule J breakdown matched by us
- Base
- $33,759 + $303,833 related
- Bonus
- $7,500 + $67,500 related
- Other
- $4,637 + $41,737 related
- Deferred
- $5,491 + $49,414 related
- Nontaxable benefits
- $304 + $2,739 related
- Filer's total
- $51,691 + $465,223 related
-
PAMELA BROWNER-WHITE
SVP, COMMUNICATIONS
- Total calculated
- $487,315
- From this org
- $51,596
- From related orgs
- $345,294
- Other
- $90,425
- Hours/week
- 5 + 35 related
Schedule J breakdown matched by us
- Base
- $40,819 + $273,172 related
- Bonus
- $8,060 + $53,940 related
- Other
- $2,717 + $18,182 related
- Deferred
- $7,069 + $47,308 related
- Nontaxable benefits
- $4,686 + $31,362 related
- Filer's total
- $63,351 + $423,964 related
-
JESSICA PERLO WIESCHHOFF
EVP/COO
- Total calculated
- $409,546
- From this org
- $377,751
- From related orgs
- $0
- Other
- $31,795
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $268,751
- Bonus
- $63,000
- Other
- $46,000
- Deferred
- $23,446
- Nontaxable benefits
- $8,349
- Filer's total
- $409,546
-
LORNA LYNN
VP, MEDICAL EDUCATION RESEARCH
- Total calculated
- $395,930
- From this org
- $7,004
- From related orgs
- $343,210
- Other
- $45,716
- Hours/week
- 1 + 39 related
Schedule J breakdown matched by us
- Base
- $5,854 + $286,860 related
- Bonus
- $1,102 + $53,998 related
- Other
- $48 + $2,352 related
- Deferred
- $892 + $43,728 related
- Nontaxable benefits
- $22 + $1,074 related
- Filer's total
- $7,918 + $388,012 related
-
TIMOTHY LYNCH
SR. DIRECTOR, FOUNDATION PROGRAMS
- Total calculated
- $305,250
- From this org
- $255,298
- From related orgs
- $0
- Other
- $49,952
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $165,958
- Bonus
- $56,000
- Other
- $33,340
- Deferred
- $26,630
- Nontaxable benefits
- $23,322
- Filer's total
- $305,250
-
JAIME MCCLENNEN
SENIOR COMMUNICATIONS MANAGER
- Total calculated
- $127,050
- From this org
- $102,548
- From related orgs
- $0
- Other
- $24,502
- Hours/week
- 40
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
- 3 · Compensation committee
- 3 · Independent compensation consultant
- 3 · Form 990 of other organizations
- 3 · Written employment contract
- 3 · Compensation survey or study
- 3 · Approval by the board or compensation committee
- 7 · Other non-fixed payments
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
- 8 · Paid under the initial-contract exception
The filer's explanations (Part III)
- PART I, LINE 7:
- ABIM HAS A BONUS POOL FOR TOP EXECUTIVES. THE BOARD EVALUATES THE PERFORMANCE OF EACH EXECUTIVE BASED ON PRE-ESTABLISHED OBJECTIVES FOR A GIVEN YEAR AND THEN DETERMINES WHETHER A BONUS IS APPROPRIATE.
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
-
$269,474
ADVANCING RESEARCH ON TRUST - A FOCUS ON MEDICAL DEBT (PH V)
-
ACP COACHING FOR IMPACT - EMPOWERING EARLY CAREER INTERNAL MEDICINE GRADUATES PRACTICING IN UNDER-RESOURCED COMMUNITIES
-
TRUST AND AI - THE IMPACT OF NEW TECHNOLOGIES ON HEALTHCARE RELATIONSHIPS
-
SUPPORT FOR THE DAVID MEYERS RESEARCH AWARD; RICHARD BARON FELLOW - TO OPERATE A FELLOWSHIP PROGRAM FOR 3 YEARS (2025-2027) IN HONOR OF RICHARD BARON
-
$50,000
PURSUING EQUITY AND BUILDING TRUST - CREATING A NOVEL FACULTY DEVELOPMENT SERIES TO ENHANCE TRUST THROUGH EQUITABLE ASSESSMENT AND DELIVERY OF CLINICAL FEEDBACK; EXPANDING DIVERSITY - NOVEL PATHWAY PROGRAM FOR SEXUAL AND GENDER MINORITY HIGH SCHOOL STUDENTS
-
$40,000
ADDRESSING COMPLEX SOCIAL DETERMINANTS OF HEALTH AND BARRIERS TO CARE - A RESIDENCY CURRICULUM FOR HOME VISITS IN AN URBAN SAFETY NET HOSPITAL
-
A SKILLS BUILDING INTERDISCIPLINARY ADVOCACY EDUCATION - THE MINNESOTA ADVOCACY PROJECT
-
$40,000
EDUCATIONAL INTERVENTION TO REDUCE BIAS TOWARD PATIENTS WITH SICKLE CELL DISEASE
-
ENHANCING HEALTH EQUITY AND RESIDENT EDUCATION IN HISPANIC PREDOMINANT UNDESERVED COMMUNITIES - A STRUCTURAL AN SOCIAL DETERMINANTS OF HEALTH APPROACH
-
FOOD AS MEDICINE PROJECT
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
- 2024
- Filed
- 24 April 2026
- IRS schema version
- 2024v5.5
- Source object
- 202601269349301295
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.