North Carolina Academy of Family Physicians Foundation
Public records show a registered, tax-exempt organization in good standing.
What it says it does
TO SUPPORT THE ADVANCEMENT OF FAMILY MEDICINE IN NORTH CAROLINA BY FOSTERING STUDENT INTEREST IN FAMILY MEDICINE, ENHANCING THE HEALTH OF THE CITIZENS OF OUR STATE, AND ENCOURAGING PHYSICIAN WELL-BEING.
- Income
- $936,535
- Spending
- $416,041
- Spent on programs
- 54%
- Reserves
- 95 months of spending
- Largest source of income
- donations and private grants, 70%
- Employees
- 0
- Volunteers
- 19
- Highest pay
- $311,097, executive vp and ceo
Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Good: 78 out of 100. Higher than 49% of charities in its peer group (health care, $250k to $1m).
Reserves
35 of 35Spendable reserves would cover 95.0 months of spending.
Debt
20 of 20It owes 0% of what it owns.
Living within its means
15 of 15Income exceeded spending by 56% of income.
Income trend
0 of 15Income fell 45% on the year before.
Spending floor
8 of 1554% of spending went to programs and raising each dollar of donations cost 10 cents.
Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Strong: 95 out of 100. Higher than 84% of charities in its peer group (health care, $250k to $1m).
Independent board
25 of 2518 of 18 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
10 of 10Gave the board a copy of this return before filing it.
Pay set independently
0 of 5Reports no independent review process for its chief executive's pay.
Independent check of accounts
15 of 15Its accounts were audited by an independent accountant.
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, 2025, 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 (2)
- $223,911 spent. THE NCAFP AND NCAFP FOUNDATION COOPERATED TO HOST ITS ANNUAL WINTER FAMILY PHYSICIANS WEEKEND MEETING, WHERE MEDICAL STUDENTS HAD OPPORTUNITIES TO MEET WITH RESIDENCY PROGRAMS AND LEARN ABOUT FAMILY MEDICINE AS A SPECIALTY WHILE ALSO BEING EXPOSED TO EDUCATIONAL AND HANDS-ON OPPORTUNITIES. THE FOUNDATION PROVIDED MEDICAL STUDENTS TRAVEL ASSISTANCE TO ATTEND THIS CONFERENCE. THE NCAFP FOUNDATION GRANTED MULTIPLE SCHOLARSHIPS TO NORTH CAROLINA MEDICAL STUDENTS CONSIDERING CAREERS AS FAMILY PHYSICIANS. THE FOUNDATION ORGANIZED TWO SUMMER PROGRAMS TO PROVIDE MEDICAL STUDENTS TWO WORK WEEK CLINICAL EXPERIENCES ACROSS THE STATE. THE SUMMER PROGRAM PAID STIPENDS TO STUDENTS AND PRECEPTORS AS WELL AS COVERED DIRECT PROGRAM COSTS.
- THE FOUNDATION, WITH FUNDS PROVIDED BY UNITED HEALTHCARE, ESTABLISHED THE FAMILY MEDICINE PRACTICE TELEMEDICINE AND MEDICAL SCRIBE PILOT PROGRAM TO SUPPORT SMALL MEDICAL PRACTICES WHICH ARE CONTINUING TO IMPLEMENT TELEHEALTH. THE PROGRAM WILL PROVIDE FUNDING OF $100,000 TO THREE PARTICIPATING PRACTICES. THE PROGRAM FUNDS ARE TO BE USED TO HIRE NEW SCRIBES OR MEDICAL ASSISTANTS FOR A YEAR-LONG PROJECT TO BETTER INTEGRATE IN-PERSON AND VIRTUAL VISITS INTO THE PRACTICES' CLINICAL WORKFLOWS. BY INCREASING THE EFFICIENCY OF THESE VISITS, THE PARTICIPATING PRACTICES CAN INCREASE ACCESS TO MEDICAL CARE IN OUR STATE'S RURAL AND UNDERSERVED AREAS.
Source: Form 990 for the year ending December 31, 2025, 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 October 13, 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 2025.
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 October 1990.
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 October 21, 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.