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THE PHYSICIANS FOUNDATION INC

EIN 20-0914085 AUSTIN, TX

Revenue 2024
$5,269,787
Expenses 2024
$6,368,394

Program services were 81.2% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

As filed

Subsection
03
NTEE code
F129
Classification
1000
Street
401 W 15TH ST STE 100

These codes are the IRS's own and are shown exactly as filed. What each one means is in the Business Master File documentation (opens in a new tab).

Officers and directors · 2024

As listed in Part VII of the 2024 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.

  • GARY PRICE MD

    CHAIRMAN

    Total calculated
    $100,000
    From this org
    $100,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    20

  • SUBHI ALI MD

    TREASURER

    Total calculated
    $7,000
    From this org
    $7,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    5

  • RUSSELL LIBBY MD

    MEMBER

    Total calculated
    $0
    Hours/week
    5

  • RIP HOLLISTER MD

    MEMBER

    Total calculated
    $13,500
    From this org
    $13,500
    From related orgs
    $0
    Other
    $0
    Hours/week
    5

  • RALPH NOBO MD

    MEMBER

    Total calculated
    $13,500
    From this org
    $13,500
    From related orgs
    $0
    Other
    $0
    Hours/week
    5

  • SUSAN BANKSTON

    MEMBER

    Total calculated
    $7,500
    From this org
    $7,500
    From related orgs
    $0
    Other
    $0
    Hours/week
    5

  • PAUL HARRINGTON

    MEMBER

    Total calculated
    $13,500
    From this org
    $13,500
    From related orgs
    $0
    Other
    $0
    Hours/week
    5

  • PALMER JONES

    MEMBER

    Total calculated
    $13,500
    From this org
    $13,500
    From related orgs
    $0
    Other
    $0
    Hours/week
    5

  • JOSEPH VALENTI MD

    VICE PRESIDENT

    Total calculated
    $14,500
    From this org
    $14,500
    From related orgs
    $0
    Other
    $0
    Hours/week
    5

  • JENNIFER HANSCOM

    VICE PRESIDENT

    Total calculated
    $393,865
    From this org
    $14,500
    From related orgs
    $356,128
    Other
    $23,237
    Hours/week
    5 + 40 related

    Schedule J breakdown matched by us

    Base
    $14,500 + $336,166 related
    Bonus
    $0 + $12,962 related
    Other
    $0 + $7,000 related
    Deferred
    $0 + $9,900 related
    Nontaxable benefits
    $0 + $13,337 related
    Filer's total
    $14,500 + $379,365 related

  • DUSTIN CORCORAN

    MEMBER

    Total calculated
    $1,620,353
    From this org
    $10,500
    From related orgs
    $1,484,137
    Other
    $125,716
    Hours/week
    5 + 40 related

    Schedule J breakdown matched by us

    Base
    $10,500 + $897,159 related
    Bonus
    $0 + $558,800 related
    Other
    $0 + $28,178 related
    Deferred
    $0 + $61,866 related
    Nontaxable benefits
    $0 + $63,850 related
    Filer's total
    $10,500 + $1,609,853 related

  • DON ALEXANDER

    MEMBER

    Total calculated
    $13,500
    From this org
    $13,500
    From related orgs
    $0
    Other
    $0
    Hours/week
    5

  • ALEX MALTER MD

    MEMBER

    Total calculated
    $13,500
    From this org
    $13,500
    From related orgs
    $0
    Other
    $0
    Hours/week
    5

  • LARRY DOWNS

    SECRETARY

    Total calculated
    $234,542
    From this org
    $15,500
    From related orgs
    $219,042
    Other
    $0
    Hours/week
    5 + 40 related

    Schedule J breakdown matched by us

    Base
    $15,500 + $210,196 related
    Bonus
    $0
    Other
    $0 + $8,846 related
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $15,500 + $219,042 related

  • LAWRENCE BRAUD MD

    VICE PRESIDENT

    Total calculated
    $13,500
    From this org
    $13,500
    From related orgs
    $0
    Other
    $0
    Hours/week
    5

  • MARCH SEABROOK

    VICE PRESIDENT

    Total calculated
    $14,500
    From this org
    $14,500
    From related orgs
    $0
    Other
    $0
    Hours/week
    5 + 5 related

  • HURSHELL BAGGETT

    MEMBER

    Total calculated
    $407,326
    From this org
    $10,500
    From related orgs
    $346,171
    Other
    $50,655
    Hours/week
    5 + 40 related

    Schedule J breakdown matched by us

    Base
    $10,500 + $315,000 related
    Bonus
    $0 + $31,000 related
    Other
    $0 + $171 related
    Deferred
    $0 + $13,846 related
    Nontaxable benefits
    $0 + $36,809 related
    Filer's total
    $10,500 + $396,826 related

  • JERRY VAN METER

    MEMBER

    Total calculated
    $13,500
    From this org
    $13,500
    From related orgs
    $0
    Other
    $0
    Hours/week
    5

  • JOY MAXEY

    MEMBER

    Total calculated
    $0
    Hours/week
    5

  • MICHAEL DARROUZET

    MEMBER

    Total calculated
    $722,054
    From this org
    $3,750
    From related orgs
    $670,760
    Other
    $47,544
    Hours/week
    5 + 40 related

    Schedule J breakdown matched by us

    Base
    $3,750 + $601,333 related
    Bonus
    $0 + $50,661 related
    Other
    $0 + $18,766 related
    Deferred
    $0 + $34,500 related
    Nontaxable benefits
    $0 + $13,044 related
    Filer's total
    $3,750 + $718,304 related

  • AMY REYNOLDSON

    MEMBER

    Total calculated
    $234,900
    From this org
    $13,500
    From related orgs
    $197,810
    Other
    $23,590
    Hours/week
    5 + 40 related

    Schedule J breakdown matched by us

    Base
    $13,500 + $154,560 related
    Bonus
    $0 + $12,000 related
    Other
    $0 + $31,250 related
    Deferred
    $0 + $16,296 related
    Nontaxable benefits
    $0 + $7,294 related
    Filer's total
    $13,500 + $221,400 related

  • ARTHUR FOUGNER MD

    MEMBER

    Total calculated
    $10,500
    From this org
    $10,500
    From related orgs
    $0
    Other
    $0
    Hours/week
    5

  • JOHN DORMAN

    COO

    Total calculated
    $675,508
    From this org
    $123,320
    From related orgs
    $471,276
    Other
    $80,912
    Hours/week
    10 + 40 related

    Schedule J breakdown matched by us

    Base
    $123,320 + $431,600 related
    Bonus
    $0
    Other
    $0 + $39,676 related
    Deferred
    $0 + $67,868 related
    Nontaxable benefits
    $0 + $13,044 related
    Filer's total
    $123,320 + $552,188 related

  • ROBERT SELIGSON

    CEO

    Total calculated
    $350,330
    From this org
    $350,330
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $350,330
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $350,330

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 — 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. Earlier years are each on their own filing page.

Filings

  • 2024
    Revenue
    $5,269,787
    Expenses
    $6,368,394
    Contributions
    $0
    Grants paid
    $1,645,000
  • 2023
    Revenue
    $5,621,570
    Expenses
    $5,220,588
    Contributions
    $0
    Grants paid
    $1,540,000
  • 2022
    Revenue
    $2,696,008
    Expenses
    $5,991,214
    Contributions
    $0
    Grants paid
    $2,041,246

The four totals the IRS asks for on Part I of the Form 990, as filed. A dash means the figure was not present on the return — not that it was zero.

Grants made

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

Where these grants went next →

Grants received

No itemized grant names this organization as a recipient. Only grants over $5,000 are itemized, and only by filers of the full Form 990.

Related organizations

From Schedule R Part II, where a filer lists the tax-exempt organizations it is related to by control. It does not record shared board members or money.

Declared on its 2024 return

Declared as related by

Other IRS files

Auto-Revocation List

Not listed. The IRS publishes this list for organizations whose exemption was automatically revoked for failing to file for three consecutive years.

Publication 78

Listed as of 10 September 2026, under deductibility SOUNK.

These are two separate IRS files on two separate schedules, shown as published and not reconciled with each other. Neither is a statement about whether a contribution is deductible today: 19,245 organizations appear in Publication 78 while the IRS's own revocation file lists them as currently revoked, more than half of those revoked before 2019. Absence from Publication 78 is evidence of nothing, and presence is not evidence either. Verify current status with the IRS before relying on it.