Nonprofit · EIN 23-2585181
THE ABIM FOUNDATION
Tax-exempt · PHILADELPHIA, PA 19106
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990 | $8,164,387 | $3,743,741 | $4,420,646 | $100,184,190 | $1,623,249 | $98,560,941 |
| June 30, 2024 | 990 | $6,762,504 | $4,617,345 | $2,145,159 | $91,914,906 | $2,152,513 | $89,762,393 |
| June 30, 2023 | 990 | $7,496,039 | $3,827,303 | $3,668,736 | $84,153,316 | $1,244,062 | $82,909,254 |
Financial details: 990 for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $0
- Investment income
- $8,164,387
- Net gain from sales of assets
- $5,913,723
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $1,006,875
- Compensation of officers, directors and key employees
- $1,114,592
- Other salaries and wages
- $730,122
- Salaries, compensation and benefits (total)
- $2,131,496
- Professional fundraising fees
- $0
- Legal fees
- $3,730
- Accounting fees
- $19,474
- Occupancy
- $107,626
- Travel
- $55,301
- Program services (functional)
- $3,743,741
Balance sheet and other
- Total assets, start of year
- $91,914,906
- Total assets, end of year
- $100,184,190
- Total liabilities, end of year
- $1,623,249
- Net assets, end of year
- $98,560,941
- Publicly traded securities
- $52,136,994
- Net assets without donor restrictions
- $98,560,941
- Gross unrelated business income
- $56,101
- Gross receipts
- $11,176,363
- Employees
- 9
- Volunteers
- 1
- Year formed
- 1989
- State of legal domicile
- PA
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| RICHARD J BARON | PRESIDENT/CEO TO AUG 2024 Trustee or director, Officer | 8 | $299,663 | $1,198,651 | $68,011 |
| FURMAN S MCDONALD | PRESIDENT/CEO AS OF SEP 2024 Trustee or director, Officer | 8 | $132,584 | $530,335 | $107,026 |
| VINCENT MANDES | SENIOR VICE PRESIDENT/CFO Officer | 4 | $45,896 | $413,070 | $57,948 |
| PAMELA BROWNER-WHITE | SVP, COMMUNICATIONS Key employee | 5 | $51,596 | $345,294 | $90,425 |
| JESSICA PERLO WIESCHHOFF | EVP/COO Key employee | 40 | $377,751 | $0 | $31,795 |
| LORNA LYNN | VP, MEDICAL EDUCATION RESEARCH Highest-paid employee | 1 | $7,004 | $343,210 | $45,716 |
| TIMOTHY LYNCH | SR. DIRECTOR, FOUNDATION PROGRAMS Highest-paid employee | 40 | $255,298 | $0 | $49,952 |
| JAIME MCCLENNEN | SENIOR COMMUNICATIONS MANAGER Highest-paid employee | 40 | $102,548 | $0 | $24,502 |
| RAJEEV JAIN MD | BOT Trustee or director | 5 | $10,000 | $50,000 | $0 |
| YUL D EJNES MD | BOT Trustee or director | 5 | $10,000 | $14,000 | $0 |
| DAVID L COLEMAN MD | PAST CHAIR Trustee or director, Officer | 5 | $20,000 | $0 | $0 |
| ALI KHAN | BOT Trustee or director | 5 | $8,500 | $4,000 | $0 |
| ASHER TULSKY | BOT Trustee or director | 5 | $4,250 | $6,750 | $0 |
| FREDERICK CERISE MD MPH | CHAIR Trustee or director, Officer | 5 | $10,000 | $0 | $0 |
| BRUCE LEFF | CHAIR-ELECT Trustee or director, Officer | 5 | $10,000 | $0 | $0 |
6 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ODETTE BOLANO | SECRETARY-TREASURER Trustee or director, Officer | 5 | $10,000 |
| HEATHER COMER YUN | BOT Trustee or director | 5 | $10,000 |
| SUSAN EDGMAN-LEVITAN | BOT Trustee or director | 5 | $10,000 |
| MARGARET FLINTER | BOT Trustee or director | 5 | $10,000 |
| REGINALD TUCKER-SEELEY | BOT Trustee or director | 5 | $10,000 |
| IRVING WASHINGTON | BOT Trustee or director | 5 | $0 |
990 for the year ended June 30, 2024: 23 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| RICHARD BARON | PRESIDENT/CEO Trustee or director, Officer | 8 | $213,745 | $854,983 | $261,409 |
| DANIEL WOLFSON | EXEC VICE PRES/COO TO SEP 2023 Key employee | 40 | $422,310 | $0 | $71,331 |
| VINCENT MANDES | SENIOR VICE PRESIDENT/CFO Officer | 4 | $43,363 | $390,267 | $55,510 |
| PAMELA BROWNER-WHITE | SVP, COMMUNICATIONS Key employee | 5 | $50,628 | $338,817 | $83,255 |
| LORNA LYNN | VP, MEDICAL EDUCATION RESEARCH Highest-paid employee | 1 | $6,581 | $322,447 | $47,652 |
| TIMOTHY LYNCH | SR. DIRECTOR, FOUNDATION PROGRAMS Highest-paid employee | 40 | $191,427 | $0 | $54,920 |
| JESSICA PERLO WIESCHHOFF | EXEC VICE PRES/COO AS OF SEP 2023 Highest-paid employee | 40 | $101,563 | $0 | $7,051 |
| YUL D EJNES MD | BOT Trustee or director | 5 | $10,000 | $32,000 | $0 |
| RAJEEV JAIN MD | BOT Trustee or director | 5 | $4,250 | $32,000 | $0 |
| DAVID L COLEMAN MD | CHAIR Trustee or director, Officer | 5 | $20,000 | $0 | $0 |
| ALI KHAN | BOT Trustee or director | 5 | $10,000 | $4,000 | $0 |
| MARIANNE M GREEN MD | BOT Trustee or director | 5 | $5,750 | $7,000 | $0 |
| JACKIE JUDD | SECRETARY-TREASURER Trustee or director, Officer | 5 | $10,000 | $0 | $0 |
| ODETTE BOLANO | BOT Trustee or director | 5 | $10,000 | $0 | $0 |
| BRUCE LEFF | BOT Trustee or director | 5 | $10,000 | $0 | $0 |
| HEATHER COMER YUN | BOT Trustee or director | 5 | $10,000 | $0 | $0 |
| FREDERICK CERISE MD MPH | VICE CHAIR Trustee or director, Officer | 5 | $8,500 | $0 | $0 |
| SUSAN EDGMAN-LEVITAN | BOT Trustee or director | 5 | $8,500 | $0 | $0 |
| REGINALD TUCKER-SEELEY | BOT Trustee or director | 5 | $8,500 | $0 | $0 |
| JEANNE MARRAZZO | SECRETARY-TREASURER TO SEP 2023 Trustee or director, Officer | 5 | $7,125 | $0 | $0 |
| ANTONIA M VILLARRUEL PHD RN | BOT TO JUN 2023 Trustee or director | 5 | $5,750 | $0 | $0 |
| MARGARET FLINTER | BOT Trustee or director | 5 | $4,250 | $0 | $0 |
| ASHER TULSKY | BOT Trustee or director | 5 | $0 | $0 | $0 |
990 for the year ended June 30, 2023: 19 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| RICHARD J BARON | PRESIDENT/CEO Trustee or director, Officer | 8 | $223,838 | $895,350 | $266,375 |
| DANIEL WOLFSON | EXECUTIVE VICE PRESIDENT/COO Key employee | 40 | $458,724 | $0 | $89,069 |
| VINCENT MANDES | SENIOR VICE PRESIDENT/CFO Officer | 4 | $43,417 | $390,744 | $48,656 |
| PAMELA BROWNER-WHITE | SVP, COMMUNICATIONS Key employee | 5 | $49,172 | $329,075 | $80,392 |
| LORNA LYNN | VP, MEDICAL EDUCATION RESEARCH Highest-paid employee | 1 | $6,425 | $314,820 | $46,368 |
| TIMOTHY LYNCH | SR. DIRECTOR, FOUNDATION PROGRAMS Highest-paid employee | 40 | $186,339 | $0 | $55,073 |
| YUL D EJNES MD | BOT Trustee or director | 5 | $10,000 | $50,000 | $0 |
| MARIANNE M GREEN MD | BOT Trustee or director | 5 | $10,000 | $14,000 | $0 |
| JACKIE JUDD | IMMEDIATE PAST CHAIR Trustee or director, Officer | 5 | $15,000 | $0 | $0 |
| DAVID L COLEMAN MD | CHAIR Trustee or director, Officer | 5 | $15,000 | $0 | $0 |
| BRUCE LEFF | BOT Trustee or director | 5 | $4,250 | $6,750 | $0 |
| FREDERICK CERISE MD MPH | VICE CHAIR Trustee or director, Officer | 5 | $10,000 | $0 | $0 |
| SUSAN EDGMAN-LEVITAN | BOT Trustee or director | 5 | $10,000 | $0 | $0 |
| REGINALD TUCKER-SEELEY | BOT Trustee or director | 5 | $10,000 | $0 | $0 |
| ANTONIA M VILLARRUEL PHD RN | BOT Trustee or director | 5 | $10,000 | $0 | $0 |
| JEANNE MARRAZZO | SECRETARY-TREASURER Trustee or director, Officer | 5 | $8,500 | $0 | $0 |
| ALI KHAN | BOT Trustee or director | 5 | $2,750 | $4,000 | $0 |
| ODETTE BOLANO | BOT Trustee or director | 5 | $4,250 | $0 | $0 |
| HEATHER COMER YUN | BOT Trustee or director | 5 | $4,250 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 510 WALNUT ST STE 1700, PHILADELPHIA, PA 19106-3620
- Principal officer (990 for 2024)
- FURMAN S MCDONALD, 510 WALNUT STREET 1700, PHILADELPHIA, PA 191063699
- Signed the 990
- VINCENT MANDES, SENIOR VICE PRESIDENT/CFO
- Phone
- (215) 446-3500
- Website
- WWW.ABIMFOUNDATION.ORG
- Return prepared by
- CLIFTONLARSONALLEN LLP
Mission
SEE SCHEDULE O.AS AN OPERATING CHARITY, THE ABIM FOUNDATION DEVELOPS AND IMPLEMENTS PROJECTS IN SUPPORT OF OUR MISSION TO ADVANCE THE CORE VALUES OF MEDICAL PROFESSIONALISM AS A FORCE TO IMPROVE THE QUALITY OF HEALTH CARE.
Program accomplishments
- THE FOUNDATION SEEKS TO ADVANCE THE CORE VALUES OF MEDICAL PROFESSIONALISM AS A FORCE TO IMPROVE THE QUALITY OF HEALTH CARE IN THE UNITED STATES. THE IDEALS OF PROFESSIONALISM ARE OUTLINED IN THE PHYSICIAN CHARTER, THE CREATION OF WHICH THE FOUNDATION CO-SPONSORED AND WHICH HAS BEEN WIDELY EMBRACED. SINCE 2012, THE FOUNDATION HAS LED THE CHOOSING WISELY CAMPAIGN, WHICH HAS STRESSED THE IMPORTANCE OF AVOIDING UNNECESSARY AND POTENTIALLY HARMFUL CARE. AND SINCE 2017, THE FOUNDATION HAS FOCUSED ON IMPROVING TRUST IN THE HEALTH CARE SYSTEM AND MAKING IT MORE WORTHY OF TRUST. THROUGH OUR INITIATIVES, WE SEEK TO BETTER UNDERSTAND THESE OBSTACLES AND EXPLORE WAYS TO OVERCOME THEM. MUCH OF OUR WORK FOCUSES ON ADVANCING MEDICAL PROFESSIONALISM IN THE AREA OF THE WISE USE, OR STEWARDSHIP, OF RESOURCES. (CONT'D ON SCH. O) THIS INCLUDES THE SUCCESSFUL CHOOSING WISELY CAMPAIGN WHICH HAS RESHAPED HOW PHYSICIANS AND PATIENTS DISCUSS WHETHER OR NOT PARTICULAR SERVICES ARE IN THE BEST INTEREST OF THE PATIENT. IT ALSO INCLUDES THE BUILDING TRUST INITIATIVE, A MULTI-FACETED EFFORT TO INCREASE CONVERSATION, THOUGHT LEADERSHIP, RESEARCH AND BEST PRACTICES TO ELEVATE TRUST AS AN ESSENTIAL ORGANIZING PRINCIPLE FOR IMPROVING HEALTH CARE.ONE OF OUR MOST SIGNIFICANT CONTRIBUTIONS HAS BEEN THE PUBLICATION OF MEDICAL PROFESSIONALISM IN THE NEW MILLENIUM: A PHYSICIAN CHARTER IN 2002. OUR PAST AND PRESENT INITIATIVES FOCUS ON PROMOTING THE PRINCIPLES AND COMMITMENTS OUTLINED IN THIS SEMINAL DOCUMENT.Expenses $3,743,741 · grants $1,006,875
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990 on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990 on file |
IRS record
- EIN
- 23-2585181
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Supporting organization, Type I
- Donations deductible (Pub 78)
- Supporting organization, 50% limit
- Exempt since
- 1990
- Accounting year ends
- June
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Voluntary health associations and medical disciplines (G12)
- Assets (IRS master file)
- $100,184,190
- Income (IRS master file)
- $11,176,363
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | June 2025 | $8,164,387 | $3,743,741 | $100,184,190 | IRS |
| 990-T | June 2025 | – | – | – | IRS |
| 990 | June 2024 | $6,762,504 | $4,617,345 | $91,914,906 | IRS |
| 990-T | June 2024 | – | – | – | IRS |
| 990 | June 2023 | $7,496,039 | $3,827,303 | $84,153,316 | XML |
| 990-T | June 2023 | – | – | – | IRS |
| 990 | June 2022 | $4,891,570 | $3,031,672 | $80,380,157 | IRS |
| 990-T | June 2022 | – | – | – | IRS |
| 990 | June 2021 | – | – | – | IRS |
| 990-T | June 2021 | – | – | – | IRS |
| 990 | June 2020 | – | – | – | IRS |
| 990 | June 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 23-2585181).
Questions about THE ABIM FOUNDATION
- What is the EIN of THE ABIM FOUNDATION?
- The employer identification number (EIN) of THE ABIM FOUNDATION is 23-2585181.
- Is THE ABIM FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1990.
- Are donations to THE ABIM FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Supporting organization, 50% limit).
- Which annual return does THE ABIM FOUNDATION file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of THE ABIM FOUNDATION due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did THE ABIM FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended June 2025.
- Who is the principal officer of THE ABIM FOUNDATION?
- The 990 for the year ended June 30, 2025 names FURMAN S MCDONALD.
- Who are the officers and directors of THE ABIM FOUNDATION?
- The 990 for the year ended June 30, 2025 lists 21 people; 20 received compensation from the organization, the highest $299,663 (RICHARD J BARON, PRESIDENT/CEO TO AUG 2024).
- How much revenue does THE ABIM FOUNDATION have?
- On its 990 for the year ended June 30, 2025 it reported revenue of $8,164,387, expenses of $3,743,741 and total assets of $100,184,190 at year end.
Other nonprofits in PHILADELPHIA
- CHILDRENS ANESTHESIOLOGY ASSOCIATES LTD EIN 23-2592835 · last filed 990 for 2025
- AMERICAN BOARD OF INTERNAL MEDICINE EIN 39-0866228 · last filed 990 for 2025
- ECOG-ACRIN MEDICAL RESEARCH FOUNDATION INC EIN 46-0745339 · last filed 990 for 2024
- AMERICAN ASSOCIATION FOR CANCER RESEARCH FOUNDATION EIN 23-3100004 · last filed 990 for 2025
- ACTION WELLNESS EIN 23-2446355 · last filed 990 for 2025
- EAGLES AUTISM CHALLENGE INC EIN 81-5290310 · last filed 990 for 2025
- LIONS EYE BANK OF DELAWARE VALLEY EIN 23-1513699 · last filed 990 for 2025
- TRANSPLANT FOUNDATION EIN 31-1481798 · last filed 990 for 2024
All nonprofits in PHILADELPHIA · Pennsylvania · Voluntary health associations and medical disciplines