Skip to the page content
Your donations
Passes our checks

Kentucky Foundation for Medical Care Inc

EIN 23-7181728 · Louisville, KY

Public records show a registered, tax-exempt organization in good standing.

LegitimacyPassesRegistration and standingFinancial healthGood85 out of 100GovernanceGood88 out of 100Impact evidenceDescribes programsHow well its results are evidenced

What it says it does

THE FOUNDATION IS COMMITTED TO PHYSICIAN LEADERSHIP EDUCATION AS WELL AS IMPROVING THE HEALTH OF ALL KENTUCKIANS THROUGH MEDICAL EDUCATION AND PUBLIC HEALTH INITIATIVES.

Income
$245,304
Spending
$286,167
Spent on programs
74%
Reserves
99.4 months of spending
Largest source of income
investment income, 51%
Employees
0
Volunteers
11

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Financial health

Good: 85 out of 100.

  • Reserves

    35 of 35

    Spendable reserves would cover 99.4 months of spending.

  • Debt

    20 of 20

    It owes 1% of what it owns.

  • Living within its means

    0 of 15

    Spending exceeded income by 17% of income.

  • Income trend

    15 of 15

    Income rose 104% on the year before.

  • Spending floor

    15 of 15

    74% of spending went to programs and raising each dollar of donations cost 3 cents.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Governance

Good: 88 out of 100.

  • Independent board

    25 of 25

    11 of 11 voting board members are independent.

  • Conflict of interest policy

    15 of 15

    Has a written conflict of interest policy.

  • Whistleblower policy

    8 of 8

    Has a written whistleblower policy.

  • Record keeping policy

    7 of 7

    Has a written policy on keeping and destroying records.

  • Board minutes

    5 of 5

    Keeps minutes of board meetings.

  • Board sees the tax return

    0 of 10

    Did not give the board a copy of this return before filing it.

  • No reported misuse

    10 of 10

    Reports no diversion of assets, excess benefits or loans to insiders.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Impact evidence

Describes programs. Its tax return describes what it does but we have found no measurable results in it.

Programs described in its return (3)
  1. $116,929 spent. KENTUCKY PHYSICIANS LEADERSHIP INSTITUTE (WHICH INCLUDES THE KENTUCKY PHYSICIANS LEADERSHIP ACADEMY):A FOUR WEEKEND PROGRAM PROMOTING PHYSICIAN LEADERSHIP THROUGH ENHANCEMENT OF PERSONAL LEADERSHIP SKILLS, HEALTH CARE BUSINESS AND ORGANIZATIONAL SKILLS, AND HEALTH CARE POLICY AND ADVOCACY SKILLS.MEDICAL STUDENT OUTREACH LEADERSHIP PROGRAM (MSOL):PROGRAM TO PROMOTE MEDICAL STUDENT LEADERSHIP THROUGH COMMUNITY INVOLVEMENT, AND EDUCATION ON THE POLITICAL, SOCIAL, AND ECONOMIC ISSUES OF THE HEALTH CARE SYSTEM.
  2. $5,715 spent. RURAL PHYSICAN BURN OUT PROGRAM: THIS PROGRAM PROVIDES UP TO SIX THERAPY SESSIONS TO A KMA MEMBER WHO RESIDES IN A RURAL AREA OF KENTUCKY TO ADDRESS THE EFFECTS OF BURNOUT. THE PROGRAM IS TOTALLY CONFIDENTIAL AND PROVIDES PHYSICIANS A WAY TO SEEK TREATMENT OUTSIDE THEIR OWN PRACTICE SETTING WITHOUT HAVING TO WORRY ABOUT PRIVACY CONCERNS.RURAL PHYSICIAN LEADERSHIP PROGRAM:THIS PROGRAM PROVIDES SCHOLARSHIPS TO KMA MEMBERS WHO RESIDE IN RURAL AREAS OF KENTUCKY TO ATTEND THE KENTUCKY PHYSICIANS LEADERSHIP INSTITUTE.
  3. $88,000 spent. VOICES FOR VACCINATION CAMPAIGN. INCOME RESULTS FROM A GRANT FROM THE KENTUCKY DEPARTMENT FOR PUBLIC HEALTH. THE KENTUCKY FOUNDATION FOR MEDICAL CARE ADDRESSES VACCINE HESITANCY AND BARRIERS TO IMMUNIZATION AMONG UNDER IMMUNIZED COMMUNITIES IN KENTUCKY, INCLUDING RURAL AND URBAN MINORITY COMMUNITIES.

Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Legitimacy checks

  1. Is it registered with the IRS? Passed.

    Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  2. Has the IRS revoked its tax-exempt status? Passed.

    Not on the IRS automatic revocation list.

    Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.

  3. Are donations tax-deductible? Passed.

    On the IRS list of organizations eligible to receive tax-deductible contributions.

    Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.

  4. Is it keeping up with its IRS filings? Passed.

    Most recent return on file covers the year ending December 2024.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  5. How long has it been tax-exempt? Passed.

    Recognized by the IRS since April 1972.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  6. Is it in good standing with state regulators? Passed.

    Not on California's list of charities barred from soliciting. Other states are not yet checked.

    Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.

  7. Could it be confused with another charity? Worth knowing.

    A much larger organization has a similar name: Kentucky Medical Services Foundation Inc (Lexington, KY), EIN 61-0945743. If that is the one you meant, check the EIN before giving.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.