Abfm Foundation Inc

LEXINGTON, KY EIN: 61-1368512

TO PERFORM THE FUNCTIONS OF AND CARRY OUT THE EDUCATION SCIENTIFIC LITERARY AND CHARITABLE PURPOSES OF ITS SUPPORTED ORGANIZATION, THE AMERICAN BOARD OF FAMILY MEDICINE (ABFM) INCLUDING: (A)TO ACCEPT FUNDING REQUESTS SUBMITTED TO THE ABFM OR FROM OTHER ORGANIZATIONS INVOLVED IN THE FOSTERING OF EDUCATION, SCHOLARLY ACTIVITIES OR RESEARCH IN FAMILY MEDICINE OR EDUCATIONAL TRAINING AND TESTING AND TO ADVISE THE ABFM OF THE BENEFIT TO THE SPECIALTY OF FAMILY MEDICINE OF PROVIDING SUCH SUPPORT; (B)TO SOLICIT AND ACCEPT CONTRIBUTIONS OR RESEARCH GRANTS FROM ORGANIZATIONS TO HELP FUND ANY PROJECTS/INITIATIVES THAT MEET THE ABOVE REQUIREMENTS.

Financial Overview

From 2024 IRS Form 990-PF

Total Assets

$130.6M

+19.6% YoY

Annual Giving

$3.5M

+63.0% YoY

Grant Count

51

+112.5% YoY

Avg Grant Size

$69K

-23.3% YoY

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Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$10M$20M$31M$41M20202021202220232024
Metric202420232022
Total Assets$130,610,531$109,220,739$94,569,952
Revenue$24,990,397$8,860,380$8,163,967
Expenses$9,527,924$7,792,687$8,454,847
Qualifying Distributions
Net Investment Income$7,447,689$2,063,556$-1,854,895
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$884K$2M$3M$4M17 grants202012 grants202117 grants202224 grants202351 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

NORTH AMERICA PRIMARY CA…$203KANNALS OF FAMILY MEDICINE$201KSOCIETY OF TEACHERS OF F…$200KAMERICAN COLLEGE OF OSTE…$169KSOCIETY OF TEACHERS OF F…$155KUNIVERSITY OF CALIFORNIA…$125KUNIVERSITY OF TEXAS HEAL…$125KUNIVERSITY OF HOUSTON$125KUNIVERSITY OF PITTSBURG$125KPISACANO LEADERSHIP FOUN…$120K

Grant Size Distribution

121 grants across all recorded years

34<$50K53$50–100K31$100–250K1$250–500K$500K–1M2$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Who else does Abfm Foundation Inc fund?

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Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

DIANE BEEBE MDDIRECTOR AND CHAIR$7KCARLOS JAEN MDDIRECTOR AND VICE CHAIR$6KLAURA BROOKS MDDIRECTOR AND TREASURER$6KSAM JONES MDDIRECTOR$6KCOLLEN CONRY MDDIRECTOR$5KCARLOS GONZALESDIRECTOR$2KJERRY KRUSEDIRECTOR$2K

From 2024 filing

NameTitleHoursCompensation
WARREN NEWTON MDDIRECTOR/PRESIDENT/SECRETA2
DIANE BEEBE MDDIRECTOR AND CHAIR1.5$6,500
CARLOS JAEN MDDIRECTOR AND VICE CHAIR1$6,000
LAURA BROOKS MDDIRECTOR AND TREASURER1.5$6,000
SAM JONES MDDIRECTOR1$5,500
COLLEN CONRY MDDIRECTOR1$4,500
CARLOS GONZALESDIRECTOR1$1,500
JERRY KRUSEDIRECTOR1$1,500
ROGER BEAN CPAEXECUTIVE DIRECTOR35

Geographic Focus

Where this funder has awarded grants

Grant Distribution by State

29states
+21 more states

Cities

ArlingtonBolingbrookBooneBrentwoodChicagoClevelandColumbiaDaytonDenverEast LansingEdisonFarmingtonGreenwood VillageHenricoHonoluluHoustonIndianapolisJacksonvilleJefferson CityLa Jolla

Data last updated March 2026. Sourced from IRS Form 990-PF filings.

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