Panacea Financial Foundation

Foundation · Grantmaker 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.

Key facts about Panacea Financial Foundation

EIN
86-2201397
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$56,000
Grants made (2024)
32
Average grant
$1,750
Median grant
$1,000
Total assets
$294,268
Primary geography
California (25% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated September 2026.

Who Panacea Financial Foundation funds

By grant dollars, the top recipient states for Panacea Financial Foundation's 32 itemized 2024 grants were California (25%), New York (9%) and Pennsylvania (9%). The most frequent recipient cities were New York, NY (2 grants). None of its 32 grants with a stated purpose were described as general or operating support. Recurring purposes include "Medical School Grant" (26 grants) and "Medical School Scholarship" (6 grants).

How Panacea Financial Foundation gives

  • 0% of 2024 grantees were also funded in 2023. Method
  • Giving grew 367% from 2021 to 2024. Method

Estimate from itemized IRS Form 990-PF grant lists (2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.

Next steps with Panacea Financial Foundation

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

Share of all 32 itemized 2024 grant dollars.

Cities

DurhamLos AngelesBronxNew YorkPhiladelphiaAustinBaltimoreBostonCincinnatiDallasHoustonMilwaukeeSan DiegoSan FranciscoAlexandriaAllstonAnn ArborBayamonBellflowerBethesda

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———

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2021–2024

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: $5KGeorge Heredia MS1$5KHanna Clarke MPH: $5KHanna Clarke MPH$5KLaura Jackson PHD MS3: $5KLaura Jackson PHD MS3$5KAna Golla MD Candidate: $5KAna Golla MD Candidate$5KChannelle Ndagire MD MPP Candidate: $5KChannelle Ndagire MD MPPCandidate$5KAlejandra Silva Hernandez MPH MS2: $5KAlejandra Silva Hernandez MPHMS2$5KMohamed Issah Jalloh MD Ms MPH: $1KMohamed Issah Jalloh MD Ms MPH$1KDr Mina Milad: $1KDr Mina Milad$1KDr Mohamed Maher Hulou: $1KDr Mohamed Maher Hulou$1KNatalia Roque MD: $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 recipients include George Heredia MS1 ($5,000), Hanna Clarke MPH ($5,000), Laura Jackson PHD MS3 ($5,000).

RecipientPurposeAmount
GEORGE HEREDIA MS1 Santa Ana, CAMEDICAL SCHOOL SCHOLARSHIP$5,000
HANNA CLARKE MPH Philadelphia, PAMEDICAL SCHOOL SCHOLARSHIP$5,000
LAURA JACKSON PHD MS3 Kansas City, KSMEDICAL SCHOOL SCHOLARSHIP$5,000
ANA GOLLA MD CANDIDATE Columbia, MOMEDICAL SCHOOL SCHOLARSHIP$5,000
CHANNELLE NDAGIRE MD MPP CANDIDATE Los Angeles, CAMEDICAL SCHOOL SCHOLARSHIP$5,000
ALEJANDRA SILVA HERNANDEZ MPH MS2 Vancouver, WAMEDICAL SCHOOL SCHOLARSHIP$5,000
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

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

No officer or director reported compensation in the available filings.

From 2024 IRS 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 September 2026. Sourced from IRS Form 990-PF filings.

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