Form 990 for tax year 2023
Filed by KENTUCKY FOUNDATION FOR MEDICAL CARE INC.
Totals
- Total revenue
- $120,081
- Total expenses
- $117,693
- Contributions and grants received
- $13,707
- Grants paid
- $0
- Program service revenue
- $0
- Investment income
- $106,374
- Other revenue
- $0
- Total assets, end of year
- $2,266,851
- Total liabilities, end of year
- $8,184
- Net assets or fund balances, end of year
- $2,258,667
- Program services expenses (Part IX)
- $42,674
- Management and general expenses
- $75,019
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $42,674
Program services were 36.3% 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.
-
1f · All other contributions, gifts and grants
$13,707
-
3 · Investment income
total $50,128 · excluded $50,128
-
7a · Gross sales of assets other than inventory
securities $194,220
-
7b · Less cost or other basis and sales expenses
securities $137,974
-
7c · Gain or loss
securities $56,246
-
7d · Net gain or loss
total $56,246 · excluded $56,246
Functional expenses
Part IX, the statement of functional expenses.
-
11a · Fees: management
total $61,596 · management and general $61,596
-
11g · Fees: other
total $4,140 · management and general $4,140
-
12 · Advertising and promotion
total $8,035 · program services $2,000 · management and general $6,035
-
13 · Office expenses
total $825 · management and general $825
-
14 · Information technology
total $1,069 · program services $1,069
-
23 · Insurance
total $2,053 · management and general $2,053
-
24a · Other expenses: LEADERSHIP/EDUCATIONAL
total $39,605 · program services $39,605
-
24e · All other expenses
total $370 · management and general $370
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $124,518 · end of year $150,951
-
4 · Accounts receivable
beginning of year $1,025 · end of year $1,375
-
9 · Prepaid expenses and deferred charges
beginning of year $504 · end of year $579
-
11 · Investments: publicly traded securities
beginning of year $1,946,382 · end of year $2,113,946
-
17 · Accounts payable and accrued expenses
beginning of year $22,996 · end of year $8,184
-
28 · Net assets with donor restrictions
beginning of year $2,049,433 · end of year $2,258,667
Mission and programs · 2023
Mission
THE FOUNDATION IS COMMITTED TO PHYSICIAN LEADERSHIP EDUCATION AS WELL AS IMPROVING THE HEALTH OF ALL KENTUCKIANS THROUGH MEDICAL EDUCATION AND PUBLIC HEALTH INITIATIVES.
-
KENTUCKY PHYSICIANS LEADERSHIP INSTITUTE (WHICH INCLUDES THE KENTUCKY PHYSICIANS LEADERSHIP ACADEMY):A FOUR WEEKEND PROGRAM PROMOTING PHYSICIAN LEADERSHIP THROUGH ENHANCEMENT OF PERSONAL LEADERSHIP SKILLS, HEALTH CARE BUSINESS AND ORGANIZATIONAL SKILLS, AND HEALTH CARE POLICY AND ADVOCACY SKILLS. MEDICAL STUDENT OUTREACH LEADERSHIP PROGRAM (MSOL):PROGRAMS TO PROMOTE MEDICAL STUDENT LEADERSHIP THROUGH COMMUNITY INVOLVEMENT, AND EDUCATION ON THE POLITICAL, SOCIAL, AND ECONOMIC ISSUES OF THE HEALTH CARE SYSTEM.
Expenses $38,769
-
RURAL PHYSICIAN BURNOUT PROGRAM: THIS PROGRAM PROVIDES UP TO SIX THERAPY SESSIONS TO A KMA MEMBER WHO RESIDES IN A RURAL AREA OF KENTUCKY TO ADDRESS THE EFFECTS OF BURNOUT. THE PROGRAM IS TOTALLY CONFIDENTIAL AND PROVIDES PHYSICIANS A WAY TO SEEK TREATMENT OUTSIDE THEIR OWN PRACTICE SETTING WITHOUT HAVING TO WORRY ABOUT PRIVACY CONCERNS.RURAL PHYSICIAN LEADERSHIP PROGRAM:THIS PROGRAM PROVIDES SCHOLARSHIPS TO KMA MEMBERS WHO RESIDE IN RURAL AREAS OF KENTUCKY TO ATTEND THE KENTUCKY PHYSICIANS LEADERSHIP INSTITUTE.
Expenses $3,905
As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Shawn C Jones MDSHAWN C JONES MD
PRESIDENT
- Total calculated
- $0
- Hours/week
- 0.01 + 2 related
-
William C Harrison MDWILLIAM C HARRISON MD
VICE PRESIDENT
- Total calculated
- $0
- Hours/week
- 0.01
-
Linda H Gleis MDLINDA H GLEIS MD
SECRETARY-TREASURER
- Total calculated
- $0
- Hours/week
- 0.01
-
Angela T Dearinger MDANGELA T DEARINGER MD
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.01
-
Amanda M Evans MDAMANDA M EVANS MD
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.01
-
Lesley A Kellie DoLESLEY A KELLIE DO
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.01
-
Casey L Miles MDCASEY L MILES MD
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.01
-
Maurice J Oakley MDMAURICE J OAKLEY MD
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.01
-
Nancy C Swikert MDNANCY C SWIKERT MD
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.01
-
Fred A Williams Jr MDFRED A WILLIAMS JR MD
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.01
-
R Brent Wright MDR BRENT WRIGHT MD
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.01 + 1 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.
Grants on this return
No itemized grants to organizations on this return.
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.
-
501(C)(6) · PROFESSIONAL MEMBERSHIP · KY
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 13 November 2024
- IRS schema version
- 2023v5.1
- Source object
- 202413209349301986
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.