Fund for Advancement of Medical
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.
Financial Overview
From 2025 IRS Form 990-PF
Total Assets
$4.5M
+3.7% YoY
Annual Giving
$177K
+489.0% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$177K
+489.0% YoY
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Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $4,525,033 | $4,365,339 | $4,021,856 |
| Revenue | $668,045 | $712,345 | $596,108 |
| Expenses | $629,746 | $468,114 | $459,349 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $119,472 | $83,587 | $64,909 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2025
Grant Size Distribution
2 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Who else does Fund for Advancement of Medical fund?
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Key People
Officers and directors from IRS filings
Compensation Overview
From 2025 IRS filing
From 2025 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| ERIC LARSON MD | DIRECTOR | 1 | — |
| GARY TIMMERMAN MD | SECRETARY | 1 | — |
| JEROME FREEMAN MD | DIRECTOR | 1 | — |
| KEITH HANSEN MD | VICE PRESIDENT | 1 | — |
| MICHELLE BAACK MD | DIRECTOR | 1 | — |
| SHEILA GESTRING MBA | DIRECTOR | 1 | — |
| TIM RIDGWAY MD | PRESIDENT | 1 | — |
| TIMOTHY SOUNDY MD | TREASURER | 1 | — |
| DESIRAE MUIRHEAD MD | DIRECTOR | 1 | — |
| CAROLYN GILBERTSON | DIRECTOR | 0.4 | — |
| ASHLEY BACOULIS | FIN & ADMIN SERV SPECIALIST | 4 | — |
Geographic Focus
Where this funder has awarded grants
Grant Distribution by State
States
Cities
Data last updated March 2026. Sourced from IRS Form 990-PF filings.
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