Professional Medical Education is a private foundation focused on Education, based in GREEN COVE SPRINGS, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $160K in total assets. In 2024, it awarded 3 grants totaling $2K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$160K
-2.7% YoY
Annual Giving
$2K
+31.9% YoY
Grant Count
3
-25.0% YoY
Avg Grant Size
$677.667
+75.9% YoY
Under IRS private-foundation payout rules, Professional Medical Education reported a distributable amount of $7K for 2024 — the minimum it must pay out in qualifying distributions.
About Professional Medical Education
Based on IRS filings
Professional Medical Education is a private foundation focused on Education, based in GREEN COVE SPRINGS, FL. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $160K in total assets. In 2024, it awarded 3 grants totaling $2K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $160,344 | $164,727 | $173,552 |
| Revenue | $607,448 | $600,691 | $544,305 |
| Expenses | $611,972 | $592,264 | $500,041 |
| Qualifying Distributions | $605,449 | $578,625 | $485,493 |
| Net Investment Income | — | — | — |
| Distributable Amount | $6,660 | $4,873 | $5,547 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 3 recipients in 2024
Grant Size Distribution
13 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include St Johns Evangelical Lutheran Church ($1,013), USA for UNHCR ($780), Mid Ohio Food Bank ($240).
| Recipient | Purpose | Amount |
|---|---|---|
| Mid Ohio Food Bank Columbus, OH | Charity donation | $240 |
| USA for UNHCR Washington, DC | Charity Donation | $780 |
| St Johns Evangelical Lutheran Church Grove City, OH | Charity Donation | $1,013 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Gregory Absten | President | 15.5 | $17,473 |
| Lisa Absten | Manager | 40.5 | $101,924 |
| Dan Little | Trustee | 13.5 | — |
| Jessica Absten-Tinklepaugh RN | Trustee | 20.5 | $10,666 |
| Aaron Tinklepaugh | Trustee | 0.5 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Professional Medical Education?
Professional Medical Education is a private foundation focused on Education, based in GREEN COVE SPRINGS, FL. It holds $160K in total assets as of 2024.
How large is Professional Medical Education?
As of 2024, Professional Medical Education holds $160K in total assets with $607K in annual revenue. It awarded 3 grants totaling $2K in 2024.
Where does Professional Medical Education operate?
Professional Medical Education has awarded grants in District of Columbia, Florida, Iowa, Ohio, Virginia.
What size grants does Professional Medical Education award?
In 2024, Professional Medical Education awarded 3 grants totaling $2K — an average of about $677.667 per grant, based on its IRS Form 990 filings.
How much is Professional Medical Education required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Professional Medical Education reported a distributable amount of $7K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Professional Medical Education's EIN?
Professional Medical Education's EIN (Employer Identification Number) is 31-1014446. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Professional Medical Education's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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