Fund for Advancement of Medical Education and Research
Assist the university of South Dakota sanford school of medicine and its faculty to meet the school's primary goals of research, education, and patient care.
Fund for Advancement of Medical Education and Research at a glance
In short: Fund for Advancement of Medical Education and Research gave $177K across 1 grant in 2025 (avg $177K), mostly in South Dakota. Source: 2025 IRS Form 990.
- Annual giving (2025)
- $176,700
- +489.0% vs 2024
- Grants made (2025)
- 1
- +0.0% vs 2024
- Average grant
- $176,700
- +489.0% vs 2024
- Median grant
- $176,700
- Total assets
- $4,525,033
- +3.7% vs 2024
- Primary geography
- South Dakota (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990, 2025 View filing
Data from IRS Form 990, 2025; updated September 2026.
Who Fund for Advancement of Medical Education and Research funds
How this funder distributes its grants
Top Recipients
Top recipient in 2025
The largest 2025 recipient was Sanford Health Foundation ($177K).
Grant Size Distribution
2 grants across all recorded years
The most common grant size was under $50K: 1 grant of 2 (50%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2025 grant dollars on its one itemized grant.
States
Cities
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2024 to 2025, annual grant giving ranged from $30K (2024) to $177K (2025). In 2025 it made 1 grant totaling $177K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Sanford Health Foundation Sioux Falls, SD | Sanford's Gi Fellowship Program | $176,700 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2025 | $4,525,033 | $668,045 | $629,746 | $176,700 | 1 | $119,472 |
| 2024 | $4,365,339 | $712,345 | $468,114 | $30,000 | 1 | $83,587 |
| 2023 | $4,021,856 | $596,108 | $459,349 | — | — | $64,909 |
| 2022 | $3,786,073 | $534,805 | $347,993 | — | — | $55,814 |
| 2021 | $3,847,617 | $325,234 | $121,259 | — | — | $125,351 |
| 2020 | $3,398,945 | $129,515 | $173,833 | — | — | $35,314 |
About Fund for Advancement of Medical Education and Research
Based on IRS filings
Fund for Advancement of Medical Education and Research is a public charity focused on Health, based in Sioux Falls, SD. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $4.5M in total assets. In 2025, it awarded 1 grant totaling $177K. Net investment income was $119K.
Focus Areas
Leadership & Key People
Officers and directors from IRS filings
Fund for Advancement of Medical Education and Research is led by Tim Ridgway MD, President since 2022 (on filings since 2021); none of the 11 officers listed in 2025 report compensation.
Officers on the 2025 filing
Tim Ridgway MD
President
President - → President, 2022
On filings since 2021
1 hr/week
No compensation reported
Jerome Freeman MD
Director
On filings since 2020
1 hr/week
No compensation reported
Sheila Gestring MBA
Director
On filings since 2020
1 hr/week
No compensation reported
Eric Larson MD
Director
On filings since 2021
1 hr/week
No compensation reported
Michelle Baack MD
Director
Director - → Director, 2023
On filings since 2022
1 hr/week
No compensation reported
Desirae Muirhead MD
Director
On filings since 2023
1 hr/week
No compensation reported
Carolyn Gilbertson
Director
On filings since 2024
0.4 hrs/week
No compensation reported
Gary Timmerman MD
Secretary
Director → Secretary, 2021
On filings since 2020
1 hr/week
No compensation reported
Keith Hansen MD
Vice President
On filings since 2020
1 hr/week
No compensation reported
Timothy Soundy MD
Treasurer
On filings since 2020
1 hr/week
No compensation reported
Ashley Bacoulis
Finance & Administrator Serv Specialist
Finance & Administrator Serv Spec- → Finance & Administrator Serv Special, 2023
Finance & Administrator Serv Special → Finance & Administrator Serv Specialist, 2025
On filings since 2022
4 hrs/week
No compensation reported
Former officers (7)
- Former: Susan Anderson MD (2020–2024) — Director
- Former: Michael Koch MD (2020–2023) — Director
- Former: Michelle Mashlan (2020–2022) — Director of Finance
- Former: Joseph Zenel MD (2021–2022) — Director - Left
- Former: Mary Nettleman MD (2020–2021) — President - Left
- Former: Archana Chatterjee MD (2020) — Secretary - Left
- Former: Russell Wilke MD (2020) — Director
Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Fund for Advancement of Medical Education and Research
How much does Fund for Advancement of Medical Education and Research give each year?
Fund for Advancement of Medical Education and Research gave $177K across 1 grant in 2025, according to its 2025 IRS Form 990. In 2024 it gave $30K across 1 grant.
How large is Fund for Advancement of Medical Education and Research?
Fund for Advancement of Medical Education and Research reported $4.5M in total assets on its 2025 IRS Form 990. Its revenue that year was $668K.
What is Fund for Advancement of Medical Education and Research?
Fund for Advancement of Medical Education and Research is a public charity focused on Health, based in Sioux Falls, SD. It holds $4.5M in total assets as of 2025.
Where does Fund for Advancement of Medical Education and Research operate?
Fund for Advancement of Medical Education and Research has awarded grants in South Dakota.
What is Fund for Advancement of Medical Education and Research's EIN?
Fund for Advancement of Medical Education and Research's EIN (Employer Identification Number) is 36-3432018. IRS Form 990 filing data is available on this page for 2020–2025.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Data update history
(3)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2024 (received by the IRS October 23, 2024)
- Updated Form 990 for fiscal year 2025 (received by the IRS January 13, 2026)
- IRS filings on file for fiscal years 2020–2025
Live grants for the work Fund for Advancement of Medical Education and Research funds
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