Society of Teachers of Family Medicine Foundation
Public records show a registered, tax-exempt organization in good standing.
Points to look into
- Only 34% of its spending went to programs.
- Raising each dollar of donations cost 94 cents.
These come from the organization's own tax return. There may be a good explanation; ask the charity.
What it says it does
The STFM Foundation was formed to carry out certain charitable, educational, literary, and scientific purposes of STFM, including to promote and maintain the high standards of the teaching of family medicine.
- Income
- $276,211
- Spending
- $242,225
- Spent on programs
- 35%
- Reserves
- 88.9 months of spending
- Largest source of income
- fees for its services, 47%
- Employees
- 0
- Volunteers
- 13
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. Higher than 59% of charities in its peer group (health care, $250k to $1m).
Reserves
35 of 35Spendable reserves would cover 88.9 months of spending.
Debt
20 of 20It owes 2% of what it owns.
Living within its means
15 of 15Income exceeded spending by 12% of income.
Income trend
15 of 15Income rose 2% on the year before.
Spending floor
0 of 1534% of spending went to programs and raising each dollar of donations cost 94 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: 86 out of 100. Higher than 66% of charities in its peer group (health care, $250k to $1m).
Independent board
25 of 2515 of 15 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
8 of 8Has a written whistleblower policy.
Record keeping policy
7 of 7Has a written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
0 of 10Did not give the board a copy of this return before filing it.
Independent check of accounts
12 of 15Its accounts were reviewed or compiled by an independent accountant, but not audited.
No reported misuse
10 of 10Reports 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)
- $42,398 spent. Other programs include Faculty for Tomorrow, MSE Student Scholars, Journal/Shots, Carmichael Fund, Blanchard Lecture, F. Marian Bishop Leadership Award, New Faculty Scholars, and MSE Fun Run.
- $27,301 spent. Underrepresented in Family Medicine (URM) Program - The foundation program for Underrepresented in Family Medicine (URM) reflects an initiative to increase resources and support to URM Faculty, URM community teachers, and URM medical students and residents going into academic family medicine. The definition of URM in this context is racial and ethnic populations underrepresented in the medical profession relative to numbers in the general population.
- $13,840 spent. STFM Project Fund - The STFM Project was formed to respond to the expressed needs of STFM members for funding research and education by establishing these funds. The fund encourages groups to collaboratively plan, implement, evaluate, and disseminate findings from educationally related scholarly projects.
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
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.
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 November 6, 2026.
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.
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.
How long has it been tax-exempt? Passed.
Recognized by the IRS since February 2019.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
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 November 4, 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.