Internal Medicine Associates
Internal Medicine Associates is a private foundation, based in OPELIKA, AL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $177K in total assets. In 2024, it awarded 9 grants totaling $18K. Net investment income was $2K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$177K
+13.0% YoY
Annual Giving
$18K
+63.0% YoY
Grant Count
9
+50.0% YoY
Avg Grant Size
$2K
+8.7% YoY
Under IRS private-foundation payout rules, Internal Medicine Associates reported a distributable amount of $8K for 2024 — the minimum it must pay out in qualifying distributions.
About Internal Medicine Associates
Based on IRS filings
Internal Medicine Associates is a private foundation, based in OPELIKA, AL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $177K in total assets. In 2024, it awarded 9 grants totaling $18K. Net investment income was $2K.
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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 | $176,997 | $156,590 | $125,399 |
| Revenue | $11,306 | $43,838 | $13,381 |
| Expenses | $20,479 | $12,647 | $13,738 |
| Qualifying Distributions | $18,123 | $11,119 | $12,219 |
| Net Investment Income | $1,912 | $38,788 | $13,381 |
| Distributable Amount | $8,468 | $7,403 | $8,360 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 9 recipients in 2024
Grant Size Distribution
47 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Morgan Hale ($4,000), Lazaris Kellum ($2,416), Victoria Turner ($2,000).
| Recipient | Purpose | Amount |
|---|---|---|
| LAZARIS KELLUM OPELIKA, AL | SCHOLARSHIP | $2,416 |
| DARRIN WILLIAMS OPELIKA, AL | SCHOLARSHIP | $1,512 |
| JOSEPH JILEK OPELIKA, AL | SCHOLARSHIP | $765 |
| MORGAN HALE OPELIKA, AL | SCHOLARSHIP | $4,000 |
| VICTORIA TURNER OPELIKA, AL | SCHOLARSHIP | $2,000 |
| W COLE MIDDLETON OPELIKA, AL | SCHOLARSHIP | $2,000 |
| KEISHA CLARK OPELIKA, AL | SCHOLARSHIP | $1,750 |
| JUSTIN T BURKE OPELIKA, AL | SCHOLARSHIP | $1,680 |
| SARA PERRY OPELIKA, AL | SCHOLARSHIP | $2,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| W PARK MCGEHEE | CHAIRMAN | — | — |
| JOANNE SMITH T H | SECRETARY/TREASURER | — | — |
Frequently Asked Questions
How large is Internal Medicine Associates?
As of 2024, Internal Medicine Associates holds $177K in total assets with $11K in annual revenue. It awarded 9 grants totaling $18K in 2024.
Where does Internal Medicine Associates operate?
Internal Medicine Associates has awarded grants in Alabama.
What size grants does Internal Medicine Associates award?
In 2024, Internal Medicine Associates awarded 9 grants totaling $18K — an average of about $2K per grant, based on its IRS Form 990 filings.
How much is Internal Medicine Associates required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Internal Medicine Associates reported a distributable amount of $8K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Internal Medicine Associates's EIN?
Internal Medicine Associates's EIN (Employer Identification Number) is 57-0884128. IRS Form 990 filing data is available on this page for 2020–2024.
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Browse active grant opportunities in Internal Medicine Associates's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.