Overview
What is The Foundation For Medical Excellence?
The Foundation for Medical Excellence, situated in Portland, Oregon, is a distinguished nonprofit organization that prioritizes enhancing the medical field. Their mission encompasses promoting excellence in medicine, improving healthcare quality, and advocating for sound health policies within the Pacific Northwest region. They accomplish this through various educational programs, collaborative initiatives, and research. Their programs aim to address crucial aspects such as communication skills, medical decision-making, and leadership development, among others. To further support the medical profession, they offer a scholarship program linked to the professional development of medical students and residents, addressing approximately 1,000 participants' needs.
Official website here: www.tfme.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81%, Three-Star out of Four Star rating.
The Foundation For Medical Excellence has achieved a solid rating of 81%, indicating a commendable level of accountability and financial health. An independent board of directors with 100% independent members reflects a strong governance structure. The organization also demonstrates good practices in its policies regarding conflicts of interest, whistleblower protection, and document management, contributing positively to its overall accountability score.
With 89.02% of its expenses going directly towards programs, the foundation shows a strong commitment to its mission and efficient use of resources. The low liabilities to assets ratio of 1.84% suggests a stable financial position, which is reassuring for potential donors.
Despite these strengths, there are no significant limitations or areas of concern noted in the data provided. Overall, The Foundation For Medical Excellence appears to be a trustworthy nonprofit with effective governance and a focus on programmatic impact.
This AI summary has been generated from information found on Charity Navigator.
Is The Foundation For Medical Excellence legitimate?
The Foundation For Medical Excellence is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Foundation For Medical Excellence 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: $162,000
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.tfme.org
What is the mission statement of The Foundation For Medical Excellence?
The Foundation for Medical Excellence is committed to promoting excellence in medicine, enhancing the quality of healthcare, and advocating for sound health policy in the Pacific Northwest. They achieve this goal through various education programs, collaborative initiatives, and research. Their educational offerings cover topics such as communication skills, medical decision-making, physician well-being, and emerging priorities in medical education. The foundation also addresses physician workforce priorities by offering a scholarship program linked to the professional development of medical students and residents, benefiting approximately 1,000 participants.
Official website here: www.tfme.org
Who is the CEO of The Foundation For Medical Excellence?
Timothy Goldfarb is the President of The Foundation For Medical Excellence.
Official website here: www.tfme.org
What is the revenue of The Foundation For Medical Excellence?
The Foundation For Medical Excellence's revenue in 2022 was $562,962.
Official website here: www.tfme.org
Who are the executives of The Foundation For Medical Excellence and what are their salaries?
There 6 volunteers at The Foundation For Medical Excellence.
Here are 8 key members and their salaries:
- Compensation: $84,000
- Related: $0
- Other: $0
- Compensation: $78,000
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.tfme.org
Where can I find the form 990 for The Foundation For Medical Excellence?
The Foundation For Medical Excellence's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.tfme.org
Learn more at the official website: www.tfme.org
Mission Statement of The Foundation For Medical Excellence
The Foundation for Medical Excellence is committed to elevating the standard of medicine, enhancing the quality of healthcare, and advancing sound health policy in the Pacific Northwest. They accomplish this mission through various education programs, collaborative initiatives, and research. Their primary focus is on promoting excellence in medical education, refining decision-making skills for physicians, fostering physician well-being, cultivating medical professionalism, developing leadership abilities, and advocating for health policy and financing. Additionally, they address emerging priorities in medical education and the preparation of physicians. The organization also addresses physician workforce priorities through a scholarship program, which supports the professional development of medical students and residents to meet the needs of the region, engaging approximately 1,000 participants.
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Impact
July, 2024
The Foundation For Medical Excellence's impact is evident in its mission to promote excellence in medicine, improve the quality of healthcare, and advance sound health policy in the Pacific Northwest through education programs, collaborative initiatives, and research. The organization provides medical education programs and lectures addressing various crucial aspects of healthcare such as communication skills, medical decision-making, physician well-being, medical professionalism, leadership development, health policy, and financing. Additionally, they focus on emerging priorities in medical education and the preparation of physicians. The Foundation also addresses physician workforce priorities through a scholarship program linked to the professional development of medical students and residents, serving approximately 1,000 participants. Overall, their initiatives contribute to the enhancement of healthcare quality and the advancement of medical practices in the region.
This information is meant to be a general summary of The Foundation For Medical Excellence. 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: $57,355
- Program Service Revenue: $11,778
- Gross Receipts: $562,962
Assets and Liabilities:
- Total Assets: $2,932,096
- Total Liabilities: $46,714
- Net Assets: $2,885,382
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
REGISTRATION FEES
Revenue
$11,778
Organization Details
Founding Year
1984
Phone
(503) 222-1960Principal Officer
Timothy Goldfarb
Main Address
11740 SW 68th Parkway 125, Portland, OR, 97223
Website
www.tfme.orgNTEE Category
Code: B54Z - Education
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