Atlantic County Medical Society
Atlantic County Medical Society is a private foundation, based in SOMERS POINT, NJ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $314K in total assets. In 2024, it awarded 5 grants totaling $25K. Net investment income was $9K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$314K
-5.1% YoY
Annual Giving
$25K
-23.4% YoY
Grant Count
5
-16.7% YoY
Avg Grant Size
$5K
-8.1% YoY
Under IRS private-foundation payout rules, Atlantic County Medical Society reported a distributable amount of $17K for 2024 — the minimum it must pay out in qualifying distributions.
About Atlantic County Medical Society
Based on IRS filings
Atlantic County Medical Society is a private foundation, based in SOMERS POINT, NJ. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $314K in total assets. In 2024, it awarded 5 grants totaling $25K. Net investment income was $9K.
Ready to take the next step with Atlantic County Medical Society?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $314,381 | $331,250 | $368,531 |
| Revenue | $24,295 | $11,479 | $23,825 |
| Expenses | $41,164 | $48,760 | $46,121 |
| Qualifying Distributions | $31,680 | $39,132 | $38,025 |
| Net Investment Income | $8,811 | $1,851 | $15,729 |
| Distributable Amount | $16,890 | $17,235 | $21,423 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 5 recipients in 2024
Grant Size Distribution
30 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Millie Shah ($7,500), Christian R Bell ($5,000), John Patrick Marczyk ($5,000).
| Recipient | Purpose | Amount |
|---|---|---|
| ARJUN MATHUR NORTHFIELD, NJ | SCHOLARSHIP | $4,000 |
| CHRISTIAN R BELL EGG HARBOR TOWNSHIP, NJ | SCHOLARSHIP | $5,000 |
| JENNAH SYED NORTHFIELD, NJ | SCHOLARSHIP | $3,000 |
| JOHN PATRICK MARCZYK ABSECON, NJ | SCHOLARSHIP | $5,000 |
| MILLIE SHAH EGG HARBOR, NJ | SCHOLARSHIP | $7,500 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| THOMAS DIERKES | PRESIDENT | 2.5 | — |
| ZUBAIR SYED | VICE PRESIDENT | 2.5 | — |
| LISA DIERKES | EXECUTIVE DIRECTOR | 2.5 | — |
Frequently Asked Questions
How large is Atlantic County Medical Society?
As of 2024, Atlantic County Medical Society holds $314K in total assets with $24K in annual revenue. It awarded 5 grants totaling $25K in 2024.
Where does Atlantic County Medical Society operate?
Atlantic County Medical Society has awarded grants in New Jersey.
What size grants does Atlantic County Medical Society award?
In 2024, Atlantic County Medical Society awarded 5 grants totaling $25K — an average of about $5K per grant, based on its IRS Form 990 filings.
How much is Atlantic County Medical Society required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Atlantic County Medical Society reported a distributable amount of $17K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Atlantic County Medical Society's EIN?
Atlantic County Medical Society's EIN (Employer Identification Number) is 23-7024987. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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