Overview
What is Federation Of State Medical Boards Research & Education Foundation?
The Federation of State Medical Boards Research & Education Foundation is a nonprofit organization situated in Euless, Texas. Their primary mission is to bolster research and education initiatives aimed at enhancing the safety and quality of healthcare, ensuring effective medical regulation. They accomplish this by granting funding to state medical boards and other organizations, enabling them to conduct research, create educational materials, and raise awareness on topics significant to medical regulators. Recently, they granted $25,000 to the Associated Medical Schools of New York (AMSNY) for New York's Pathway to Early Graduation and Licensure during COVID-19. Operating under the name FSMB Foundation, they aim to make substantial contributions to the medical field, furthering their commitment to promoting research and education for improved healthcare regulations.
Official website here: www.fsmb.org/foundation
What are the reviews and ratings of this charity?
Charity Navigator Rating: 100%, Four-Star out of Four Star rating.
The Federation Of State Medical Boards Research & Education Foundation has achieved a perfect score of 100%, which indicates a high level of accountability and financial health. This rating reflects the organization's strong governance practices, including a majority of independent board members and well-documented policies on conflicts of interest and whistleblower protections. Additionally, they have a solid program expense ratio, with over 91% of their expenses going directly towards their programs.
Strengths of the organization include its commitment to transparency, as evidenced by the availability of their tax forms and board meeting minutes on their website. The foundation has successfully maintained a low liabilities to assets ratio, indicating strong financial stability. Such metrics suggest that the foundation is effectively utilizing its resources to serve its mission without significant risk of financial distress.
While the data does not highlight specific programs or outcomes, the robust governance and financial management practices are commendable. Overall, the Federation Of State Medical Boards Research & Education Foundation demonstrates a strong commitment to responsible stewardship of resources, making it a trustworthy choice for potential donors.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Federation Of State Medical Boards Research & Education Foundation?
74% of reviewers on Facebook recommend the Federation of State Medical Boards Research & Education Foundation. Here’s a summary of their opinions:
Reviewers frequently highlight the organization's positive atmosphere, noting the great people involved and an inclusive environment. Many seem to appreciate the various celebrations and activities that foster a sense of community within the nonprofit.
Overall, the sentiment is largely favorable, with supporters expressing satisfaction with the culture and approach of the organization, reinforcing its commitment to engagement and support among its members.
This AI summary has been generated from reviews found on Facebook.
Is Federation Of State Medical Boards Research & Education Foundation legitimate?
Federation Of State Medical Boards Research & Education Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Federation Of State Medical Boards Research & Education Foundation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.fsmb.org/foundation
What is the mission statement of Federation Of State Medical Boards Research & Education Foundation?
The Federation of State Medical Boards Research & Education Foundation's mission is centered around supporting and promoting research and education initiatives. Their primary objective is to enhance the safety and quality of healthcare through effective medical regulation. They accomplish this by providing funding to various organizations, including state medical boards, for research projects, developing educational materials, and increasing awareness on topics relevant to medical regulators. As an example, they recently granted $25,000 to the Associated Medical Schools of New York (AMSNY) for New York's Pathway to Early Graduation and Licensure during the COVID-19 pandemic.
Official website here: www.fsmb.org/foundation
Who is the CEO of Federation Of State Medical Boards Research & Education Foundation?
Janelle A Rhyne Md is the President of Federation Of State Medical Boards Research & Education Foundation.
Official website here: www.fsmb.org/foundation
What is the revenue of Federation Of State Medical Boards Research & Education Foundation?
Federation Of State Medical Boards Research & Education Foundation's revenue in 2022 was $69,447.
Official website here: www.fsmb.org/foundation
Who are the executives of Federation Of State Medical Boards Research & Education Foundation and what are their salaries?
There 10 volunteers at Federation Of State Medical Boards Research & Education Foundation.
Here are 13 key members and their salaries:
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- Related: $738,310
- Other: $128,857
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- Related: $77,500
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- Related: $345,426
- Other: $59,265
Official website here: www.fsmb.org/foundation
Where can I find the form 990 for Federation Of State Medical Boards Research & Education Foundation?
Federation Of State Medical Boards Research & Education Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.fsmb.org/foundation
Learn more at the official website: www.fsmb.org/foundation
Mission Statement of Federation Of State Medical Boards Research & Education Foundation
The Federation of State Medical Boards Research & Education Foundation is dedicated to fostering and promoting research and educational initiatives that enhance the safety and quality of healthcare through effective medical regulation. By supporting such initiatives, the foundation aims to strengthen the regulatory system, ultimately benefiting patients and the medical profession as a whole. The foundation has been granting funds to various state medical boards and organizations engaged in conducting research, developing educational materials, and raising awareness on topics crucial to medical regulators. A recent example of their grant distribution includes a $25,000 grant to the Associated Medical Schools of New York (AMSNY) for New York's Pathway to Early Graduation and Licensure during COVID-19. This initiative demonstrates the foundation's commitment to addressing pressing issues in the medical field and supporting innovative solutions to improve healthcare regulation and delivery.
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Impact
October, 2024
The Federation Of State Medical Boards Research & Education Foundation significantly impacts health care safety and quality through its dedicated support for research and educational initiatives. By awarding funding to state medical boards and organizations, the Foundation fosters critical research and the development of educational materials that address pressing issues faced by medical regulators.
One notable example of this impact is the Foundation's grant of $25,000 to the Associated Medical Schools of New York (AMSNY). This funding aims to enhance New York’s pathway to early graduation and licensure for medical students in response to challenges presented by the COVID-19 pandemic. Such initiatives not only improve the efficiency of medical regulation but also ensure that emerging medical professionals are prepared to meet the demands of the health care system.
The Foundation’s efforts contribute to increasing awareness around essential topics for medical regulation, ultimately fostering a safer, more effective health care environment for patients and practitioners alike. Through its commitment to research and education, the Foundation plays a crucial role in shaping the future of medical practice and regulation.
This information is meant to be a general summary of Federation Of State Medical Boards Research & Education Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $37,580
- Gross Receipts: $69,447
Assets and Liabilities:
- Total Assets: $4,557,436
- Total Liabilities: $7,461
- Net Assets: $4,549,975
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Organization Details
Founding Year
1980
Phone
(817) 868-4000Principal Officer
Janelle A Rhyne Md
Main Address
400 FULLER WISER ROAD, EULESS, TX, 76039
Website
www.fsmb.org/foundationNTEE Category
Code: B03 - Education
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