Washington State Medical Association Foundation for Health
Public records show a registered, tax-exempt organization in good standing.
What it says it does
THE WSMA FOUNDATION BELIEVES IN A FUTURE WHERE PHYSICIANS ARE HEALTHY AND FULFILLED; WHERE PHYSICIANS, THE HEALTH CARE TEAM, AND PATIENTS ARE PARTNERS; AND WHERE ALL WASHINGTONIANS EXPERIENCE QUALITY CARE THAT ALIGNS WITH THEIR NEEDS, GOALS, AND VALUES.
- Income
- $302,484
- Spending
- $60,293
- Spent on programs
- 41%
- Reserves
- Over 10 years of spending
- Largest source of income
- donations and private grants, 82%
- Employees
- 0
- Volunteers
- 11
- Highest pay
- $401,492, 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: 85 out of 100. Higher than 58% of charities in its peer group (health care, $250k to $1m).
Reserves
35 of 35Spendable reserves would cover more than ten years of spending.
Debt
20 of 20It owes 0% of what it owns.
Living within its means
15 of 15Income exceeded spending by 80% of income.
Income trend
15 of 15Income rose 3% on the year before.
Spending floor
0 of 1541% of spending went to programs and raising each dollar of donations cost 4 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: 92 out of 100. Higher than 82% of charities in its peer group (health care, $250k to $1m).
Independent board
25 of 257 of 9 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
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, 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 (3)
- $20,022 spent. THE WASHINGTON STATE MEDICAL FOUNDATION FOR HEALTH CARE IMPROVEMENT CREATES TRANSFORMATIONAL HEALTH CARE CHANGE AT ALL LEVELS INDIVIDUAL, ORGANIZATIONAL, AND STATEWIDE. WE BELIEVE IN A FUTURE WHERE PHYSICIANS ARE HEALTHY AND FULFILLED WHERE PHYSICIANS, THE HEALTH CARE TEAM, AND PATIENTS ARE PARTNERS AND WHERE ALL WASHINGTONIANS EXPERIENCE QUALITY CARE THAT ALIGNS WITH THEIR NEEDS, GOALS, AND VALUES.
- $1,903 spent. THE WASHINGTON SERIOUS ILLNESS CARE COALITION IS A BROAD-BASED CROSS-SECTION OF INDIVIDUALS AND ORGANIZATIONS ACROSS THE STATE INTERESTED IN IMPROVING CARE AT THE END OF LIFE. THE PROGRAM BEGAN IN 1997 TO PROMOTE CARING CONVERSATIONS ABOUT LIVING AND DYING WELL WITHIN ALL COMMUNITIES THROUGH THE ANNUAL MEETING AND SUPPORT FOR STATE POLST PARADIGM PROGRAM.
- $3,025 spent. THE WSMA FOUNDATION CREATED THE WSMA FOUNDATION SCHOLARSHIP AND DIVERSITY ADVANCEMENT FUND, AN ENDOWMENT FUND CREATED TO BUILD A MORE DIVERSE PHYSICIAN POPULATION IN WASHINGTON STATE BY SUPPORTING MEDICAL STUDENTS WHO ARE UNDERREPRESENTED IN MEDICINE.
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 January 1968.
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.