Panacea Financial Foundation

LITTLE ROCK, AR EIN: 86-2201397

Panacea Financial Foundation is a private foundation, based in LITTLE ROCK, AR. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $294K in total assets. In 2024, it awarded 32 grants totaling $56K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$294K

+94.9% YoY

Annual Giving

$56K

+9.8% YoY

Grant Count

32

+3.2% YoY

Avg Grant Size

$2K

+6.4% YoY

About Panacea Financial Foundation

Based on IRS filings

Panacea Financial Foundation is a private foundation, based in LITTLE ROCK, AR. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $294K in total assets. In 2024, it awarded 32 grants totaling $56K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

28states
+21 more states

Cities

AlexandriaAllstonAnn ArborAustinBaltimoreBayamonBellflowerBethesdaBirminghamBostonBronxBrooklineChapel HillChicagoCincinnatiColumbiaCranstonDallasDecaturDurham

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$55K$110K$165K$220K2021202220232024
Metric202420232022
Total Assets$294,268$150,987$68,485
Revenue$200,231$134,152$18,000
Expenses$56,950$51,650$87,500
Qualifying Distributions$56,800$51,620$87,500
Net Investment Income$22
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$22K$44K$65K$87K1 grants202127 grants202231 grants202332 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

GEORGE HEREDIA MS1$5KHANNA CLARKE MPH$5KLAURA JACKSON PHD MS3$5KANA GOLLA MD CANDIDATE$5KCHANNELLE NDAGIRE MD MPP…$5KALEJANDRA SILVA HERNANDE…$5KMOHAMED ISSAH JALLOH MD …$1KDR MINA MILAD$1KDR MOHAMED MAHER HULOU$1KNATALIA ROQUE MD$1K

Grant Size Distribution

91 grants across all recorded years

91<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include George Heredia Ms1 ($5,000), Hanna Clarke Mph ($5,000), Laura Jackson Phd Ms3 ($5,000).

RecipientPurposeAmount
MOHAMED ISSAH JALLOH MD MS MPH ALEXANDRIA, VAMEDICAL SCHOOL GRANT$1,000
DR MINA MILAD ROCHESTER, NYMEDICAL SCHOOL GRANT$1,000
DR MOHAMED MAHER HULOU LEXINGTON, KYMEDICAL SCHOOL GRANT$1,000
NATALIA ROQUE MD CHICAGO, ILMEDICAL SCHOOL GRANT$1,000
ARGIN HARITOUNIAN DO GLENDALE, CAMEDICAL SCHOOL GRANT$1,000
DR VALENTINA RAMIREZ BETHESDA, MDMEDICAL SCHOOL GRANT$1,000
KELLY MCGREGORY DO VERONA, WIMEDICAL SCHOOL GRANT$1,000
MARIMAR HERNANDEZ HERNANDEZ MD SAN JUAN, PRMEDICAL SCHOOL GRANT$1,000
DR JESSICA BUCK DISILVESTRO CRANSTON, RIMEDICAL SCHOOL GRANT$1,000
JASMINE M BLAKE MD MSPH NEW YORK, NYMEDICAL SCHOOL GRANT$1,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
MICHAEL JERKINSOFFICER
JERAL SELFEXECUTIVE DI
JAVIER BAEZADVISORY BOA
RAY BIGNALLADVISORY BOA
LAYOYA BRATHWAITEADVISORY BOA
LUDWIG FRANCILLONADVISORY BOA
MEGAN GUNNADVISORY BOA

Frequently Asked Questions

How large is Panacea Financial Foundation?

As of 2024, Panacea Financial Foundation holds $294K in total assets with $200K in annual revenue. It awarded 32 grants totaling $56K in 2024.

Where does Panacea Financial Foundation operate?

Panacea Financial Foundation has awarded grants in Alabama, Arizona, California, Florida, Georgia, Illinois, Indiana, Kansas, Kentucky, Massachusetts, Maryland, Michigan, Minnesota, Missouri, North Carolina, Nebraska, New Jersey, New York, Ohio, Oklahoma, Pennsylvania, Pr, Rhode Island, Tennessee, Texas, Virginia, Washington, Wisconsin.

What size grants does Panacea Financial Foundation award?

In 2024, Panacea Financial Foundation awarded 32 grants totaling $56K — an average of about $2K per grant, based on its IRS Form 990 filings.

What is Panacea Financial Foundation's EIN?

Panacea Financial Foundation's EIN (Employer Identification Number) is 86-2201397. IRS Form 990 filing data is available on this page for 2021–2024.

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Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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