Arizona Medical Association Foundation

Organization Overview

Arizona Medical Association Foundation is located in Phoenix, AZ. The organization was established in 1968. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Arizona Medical Association Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2023, Arizona Medical Association Foundation generated $280.4k in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 22.3% each year . All expenses for the organization totaled $239.2k during the year ending 12/2023. While expenses have increased by 19.7% per year over the past 9 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

THE ARIZONA MEDICAL ASSOCIATION FOUNDATION WAS FORMED FOR THE PURPOSE OF RECEIVING, HOLDING, ADMINISTERING, AND EXPENDING PROPERTY AND FUNDS FOR CHARITABLE, SCIENTIFIC, LITERARY AND/OR EDUCATIONAL PURPOSES.

Describe the Organization's Program Activity:

Part 3 - Line 4a

SUPPORTED THE CHARITABLE PURPOSES OF THE ARIZONA MEDICAL ASSOCIATION BY PROVIDING LOANS TO MEDICAL STUDENTS, INTERNS, AND RESIDENT PHYSICIANS. DISTRIBUTE GRANT FUNDING TO SUPPORT PRECEPTORS IN TRAINING EARLY CAREER PHYSICIANS SERVING TO HELP ADDRESS WORKFORCE SHORTAGES AND PROVIDE PRECEPTORSHIP OPPORTUNITIES. PROVIDE CME OPPORTUNITIES FOR PHYSICIANS.


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Board, Officers & Key Employees

Name (title)Compensation
Nadeem Kazi
Chair
$0
William Thompson MD
Physician Representation
$0
Miriam Anand MD
Physician Representation
$0
Timothy Beger MD
Physician Representation
$0
Michael Hamant MD
Physician Representation
$0
Mark Carroll MD
Physician Representation
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$279,856
Noncash contributions included in lines 1a–1f $300
Total Revenue from Contributions, Gifts, Grants & Similar$279,856
Total Program Service Revenue$0
Investment income $503
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $280,359

Grants Awarded

Over the last fiscal year, Arizona Medical Association Foundation has awarded $23,200 in support to 2 organizations.

Grant RecipientAmount

ARIZONA MEDICAL ASSOCIATION INC

PURPOSE: TO HELP SUPPORT STUDENT SECTION LEADERSHIP OPPORTUNITIES, SUPPORT STUDENTS TAKING PART IN POSTER COMPETITION, MALLORY TRUST SERVICES

$13,200

UNIVERSITY OF ARIZONA FOUNDATION

PURPOSE: TO HELP SUPPORT THE CHADWICK SCHOLARSHIP FUND

$10,000
View Grant Profile

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