American Medical Student Association Foundation is located in Mclean, VA. The organization was established in 1964. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. American Medical Student 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 04/2022, American Medical Student Association Foundation generated $490.1k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 40.1% each year . All expenses for the organization totaled $482.5k during the year ending 04/2022. While expenses have increased by 25.8% per year over the past 7 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE AMERICAN MEDICAL STUDENT ASSOCIATION FOUNDATION WAS FORMED TO PROMOTE THE CONCERNS OF PHYSICIANS-IN-TRAINING AND FOSTERS A COMMUNITY OF FUTURE PHYSICIANS THROUGH EDUCATION AND ADVOCACY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CONTRACTS AND GRANTS-THE AMSA FOUNDATION RECEIVES VARIOUS GRANTS AND CONTRACTS TO EDUCATE MEDICAL STUDENTS TO HUMAN ELECTIVE IN ACTIVISM, REFLECTIVE TRANSFORMATION AND INTEGRATIVE MEDICINE (HEART-IM), REPRODUCTIVE HEALTH (REPRO HEALTH) AND TO PERFORM OTHER MEDICAL EDUCATION AND RESEARCH ACTIVITIES.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Kelly Thibertdo President | OfficerTrustee | 3 | $0 |
Lauren S Hughes MD Secretary | OfficerTrustee | 3 | $0 |
Britani Javed DO Treasurer | OfficerTrustee | 3 | $0 |
Isaiah Cochranmd Director | Trustee | 3 | $0 |
James Slayton MD Director | Trustee | 3 | $0 |
Reshma Ramachandran MD Director | Trustee | 3 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $1,524 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $475,035 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $476,559 |
Total Program Service Revenue | $13,590 |
Investment income | $0 |
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 | $490,149 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $40 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $0 |
Information technology | $26,200 |
Royalties | $0 |
Occupancy | $0 |
Travel | $14,605 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $114,241 |
Interest | $0 |
Payments to affiliates | $106,916 |
Depreciation, depletion, and amortization | $0 |
Insurance | $0 |
All other expenses | $0 |
Total functional expenses | $482,538 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $296,264 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $75,019 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $371,283 |
Accounts payable and accrued expenses | $14,396 |
Grants payable | $0 |
Deferred revenue | $75,000 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $20,215 |
Total liabilities | $109,611 |
Net assets without donor restrictions | $15,837 |
Net assets with donor restrictions | $245,835 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $371,283 |
Over the last fiscal year, we have identified 1 grants that American Medical Student Association Foundation has recieved totaling $468,006.
Awarding Organization | Amount |
---|---|
The Susan Thompson Buffett Foundation Omaha, NE PURPOSE: PROJECT SUPPORT | $468,006 |
Organization Name | Assets | Revenue |
---|---|---|
Georgia Tech Foundation Inc Atlanta, GA | $3,057,656,645 | $246,304,114 |
Columbia College Columbia, MO | $267,475,036 | $84,570,180 |
Concordia University Chicago River Forest, IL | $86,542,696 | $102,736,797 |
Union University Jackson, TN | $193,669,100 | $103,290,604 |
Seton Hill University Greensburg, PA | $189,465,294 | $99,847,300 |
Marywood University Scranton, PA | $244,412,152 | $100,984,557 |
Saint Francis University Loretto, PA | $151,334,265 | $103,685,117 |
Wittenberg College Board Of Directors Springfield, OH | $198,135,859 | $89,178,248 |
Juniata College Huntingdon, PA | $246,892,473 | $100,031,718 |
Millikin University Decatur, IL | $270,927,180 | $97,576,221 |
Lenoir-Rhyne University Hickory, NC | $251,750,614 | $101,403,823 |
Gardner-Webb University Boiling Springs, NC | $163,499,840 | $100,956,877 |