The Physicians Foundation Inc
The Physicians Foundation Inc is an Austin, Texas-based public charity that supports and empowers physicians to provide high-quality care, sustain the patient-physician relationship, and take a leadership role in shaping health care. Its grantmaking and other programs address physician leadership, physician wellbeing, physician perspectives, and patients’ drivers of health.
The Physicians Foundation Inc at a glance
In short: The Physicians Foundation Inc gave $692K across 7 grants in 2025 (avg $99K), top state Massachusetts. Source: 2025 IRS Form 990.
- Annual giving (2025)
- $692,000
- -57.9% vs 2024
- Grants made (2025)
- 7
- -53.3% vs 2024
- Average grant
- $98,857
- -9.9% vs 2024
- Median grant
- $75,000
- Total assets
- $140,587,266
- +9.8% vs 2024
- Primary geography
- Massachusetts (43% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990, 2025 View filing
Data from IRS Form 990, 2025; updated November 2026.
How to apply to The Physicians Foundation Inc
- How to Apply
-
The website describes a solicited RFP process. For the 2026 Drivers of Health cycle, applicants were asked to submit proposals addressing how medical associations would develop capacity, resources, and data collection to help physicians integrate drivers of health into regular patient care.
- Contact
Mailing address: 401 W 15Th Street 100, Austin, TX 78701
Phone: (617) 399-0417
Website: https://physiciansfoundation.org
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Open Grants
6 open opportunities from The Physicians Foundation Inc
Health Leads Expansion Grant
The Physicians Foundation Inc
Amount
$1,000,000
Deadline
Deadline not published
Hurricane Sandy Relief Grant
The Physicians Foundation Inc
Amount
$700,000 total ($350,000 per state)
Deadline
Deadline not published
North Carolina Medical Society Foundation Disaster Relief Fund
The Physicians Foundation Inc
Amount
$60,000+ (example award to G & G Healthcare)
Deadline
Deadline not published
Who The Physicians Foundation Inc funds
How this funder distributes its grants
Top Recipients
Top 7 recipients in 2025
The largest 2025 recipient was Federation of State Physician Health Programs ($150K). Together the top 7 received $692K.
Grant Size Distribution
68 grants across all recorded years
The most common grant size was in the $100–250K range: 39 grants of 68 (57%).
Geographic Focus
Where this funder awards grants
The Foundation is based in Austin, Texas. Its 2024 grant dollars went to recipients in multiple states; the largest reported state shares were Illinois (20%), California (19%), Mississippi (14%), Tennessee (9%), and Kansas (9%). These figures describe the locations of 2024 grant recipients and do not establish a broader geographic restriction.
Grant Distribution by State
Share of 2025 grant dollars across all 7 itemized grants.
States
Cities
How The Physicians Foundation Inc gives
- Giving fell 66% from 2022 to 2025. Method
From the foundation's IRS Form 990 filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2025, annual grant giving ranged from $692K (2025) to $2.2M (2020). In 2025 it made 7 grants totaling $692K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Federation of State Physician Health Programs Wilmington, MA | Advancing the Physician Health Program Model | $150,000 |
| Umass Chan Medical School Foundation Worcester, MA | Support Pilot Test of Ai Immunization Education | $150,000 |
| University of Southern CA Los Angeles, CA | Support Ai Health Tool | $100,000 |
| American Academy of Family Physicians Foundation Leawood, KS | To Support a Physician Leadership Program | $75,000 |
| Methodist Hospital Foundation Houston, TX | Support social drivers of healthsupport social drivers of health | $75,000 |
| WSMA Foundation for Health Care Improvement Seattle, WA | Support Food Security Community Partnership | $75,000 |
| Texas Children's Hospital Houston, TX | Support Social Drivers of Health | $67,000 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2025 | $140,587,266 | $10,292,762 | $5,567,996 | $692,000 | 7 | $10,290,936 |
| 2024 | $128,001,743 | $5,269,787 | $6,368,394 | $1,645,000 | 15 | $5,268,157 |
| 2023 | $120,303,766 | $5,621,570 | $5,220,588 | $1,540,000 | 9 | $5,619,920 |
| 2022 | $110,470,672 | $2,696,008 | $5,991,214 | $2,041,246 | 18 | $2,693,883 |
| 2021 | $135,038,479 | $7,625,645 | $5,846,665 | $2,155,816 | 19 | $7,615,645 |
| 2020 | $124,010,488 | $4,554,667 | $5,816,420 | $2,181,085 | 15 | $4,549,667 |
Research compiled by Grantable AI from public sources. Last updated October 2026.
Mission & Focus Areas
The Foundation’s stated mission is to support and empower all physicians to provide high-quality care, maintain the sanctity of the patient-physician relationship, and take an active leadership role in shaping the future of health care.
Its stated priorities are physician leadership, physician wellbeing, physician perspectives, and drivers of health. The Foundation describes its work as including research, education, and grantmaking. Its 2024 filing describes physician leadership programs that equip physicians with management and leadership skills; general health initiatives involving social determinants, direct primary care education, and tools for telemedicine and technology; and wellness programs and research to reduce physician burnout.
Grantees’ own stated missions illustrate the range of organizations supported. The Mississippi State Medical Association Foundation says it funds medical research and education for physicians and others, provides medical-student educational assistance, and gives grants to medical professionals whose practices have been affected by disasters. Rush University Medical Center describes its mission as improving the health of individuals and diverse communities through patient care, education, research, and community partnerships. Inland Empire Health Information Organization says it helps providers use technology to coordinate care, reduce duplicate services, identify care gaps, and improve population health. These are grantee missions, not the Foundation’s.
Grantmaking
In filing year 2024, the Foundation reported 15 grants totaling $1,645,000. Grants ranged from $75,000 to $223,000, with a median of $100,000. Notable awards included $223,000 to the Mississippi State Medical Association Foundation for a physician leadership program and patient resource connections; $150,000 to the Knoxville Academy of Medicine Foundation for drivers of health assessment integration; and $150,000 to the Medical Society of Sedgwick County Physician Leadership Alliance for improving patient outcomes through enhanced drivers of health. Other listed awards included $141,000 to Inland Empire Health Information Organization for drivers of health assessment integration and $131,000 to Rush University Medical Center to improve cardiometabolic health profiles in at-risk Chicago communities. Its 2025 filing, the latest on this page, reports 7 grants totaling $692,000.
The Foundation’s website describes a solicited RFP process, with proposals considered and grants awarded by its Board of Directors. Its 2024 filing says funded projects undergo an application process and grants are governed by written agreements requiring periodic and final financial and narrative reports. The filing says it makes grants to 501(c)(3) organizations and certain 501(c)(6) organizations described in section 509(a)(2). The website’s general requirements specify U.S. organizations that are 501(c)(3) tax-exempt organizations or tax-exempt educational institutions and are not private foundations.
The 2026 Drivers of Health RFP seeks proposals from medical associations and describes selecting five organizations for grants of up to $75,000, for projects implemented over one to two years. The application deadline listed for that cycle was September 9, 2026, which has passed.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists Gary Price, MD, as chairman; Subhi Ali, MD, as treasurer; Joseph Valenti, MD, and Jennifer Hanscom as vice presidents; and Russell Libby, MD, Rip Hollister, MD, Ralph Nobo, MD, Susan Bankston, Paul Harrington, and Palmer Jones as members. The Foundation’s website identifies Gary Price, MD, as its president.
The Physicians Foundation Inc is led by Robert Seligson, CEO on every filing since 2020; 21 of 24 officers listed in 2025 are compensated.
Officers on the 2025 filing
Robert Seligson
CEO
On filings since 2020
40 hrs/week
$173K (2020) → $368K (2025)
Gary Price MD
Chairman
On filings since 2020
20 hrs/week
$20K (2020) → $100K (2025)
Alex Malter MD
Member
On filings since 2020
5 hrs/week
$15K (2020) → $13K (2025)
Don Alexander
Member
On filings since 2020
5 hrs/week
$15K (2020) → $15K (2025)
Dustin Corcoran
Member
On filings since 2020
5 hrs/week
$9K (2020) → $11K (2025)
Hurshell Baggett
Member
On filings since 2020
5 hrs/week
$14K (2021) → $4K (2025)
Jennifer Hanscom
Vice President
Member → Vice President, 2024
On filings since 2020
5 hrs/week
$15K (2020) → $17K (2025)
John Dorman
COO
On filings since 2020
10 hrs/week
$100K (2020) → $129K (2025)
Joseph Valenti MD
Vice President
Member → Vice President, 2024
On filings since 2020
5 hrs/week
$15K (2020) → $17K (2025)
Larry Downs
Secretary
On filings since 2020
5 hrs/week
$18K (2020) → $15K (2025)
March Seabrook
Vice President
Member → Vice President, 2024
On filings since 2020
5 hrs/week
$15K (2020) → $17K (2025)
Michael Darrouzet
Member
On filings since 2020
5 hrs/week
$4K (2024) → $15K (2025)
Palmer Jones
Member
On filings since 2020
5 hrs/week
$15K (2020) → $15K (2025)
Paul Harrington
Member
On filings since 2020
5 hrs/week
$15K (2020) → $15K (2025)
Ralph Nobo MD
Member
On filings since 2020
5 hrs/week
$15K (2020) → $15K (2025)
Rip Hollister MD
Member
On filings since 2020
5 hrs/week
$15K (2020) → $15K (2025)
Russell Libby
Member
On filings since 2020
5 hrs/week
$3K (2020) → $0 (2025)
Subhi Ali MD
Treasurer
Member → Treasurer, 2021
On filings since 2020
5 hrs/week
$16K (2020) → $0 (2025)
Jerry Van Meter
Member
On filings since 2021
5 hrs/week
$12K (2022) → $15K (2025)
Amy Reynoldson
Member
On filings since 2023
5 hrs/week
$6K (2023) → $15K (2025)
Arthur Fougner MD
Member
On filings since 2023
5 hrs/week
$6K (2023) → $15K (2025)
Susan Bankston
Member
On filings since 2024
5 hrs/week
$8K (2024) → $15K (2025)
Robert Monteiro
Member
New on the 2025 filing
5 hrs/week
$8K (2025)
Joy Maxey
Member
On filings since 2020
5 hrs/week
No compensation reported
Former officers (5)
- Former: Lawrence Braud MD (2020–2024) — Vice President
- Former: Phil Schuh (2020–2023) — Member
- Former: Sandra Johnson (2020–2023) — Member
- Former: Gerald McKenna MD (2020–2021) — Member
- Former: Tim Norbeck (2020) — CEO
Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2025 IRS filing
The highest reported compensation on the 2025 filing was $368K, to Robert Seligson (CEO). 21 officers or directors reported compensation on that filing.
Frequently asked questions about The Physicians Foundation Inc
How much does The Physicians Foundation Inc give each year?
The Physicians Foundation Inc gave $692K across 7 grants in 2025, according to its 2025 IRS Form 990. In 2024 it gave $1.6M across 15 grants.
What is The Physicians Foundation Inc's typical grant size?
The Physicians Foundation Inc's median grant in 2025 was $75,000, and its average grant was $98,857, across 7 grants on its 2025 IRS Form 990.
Where does The Physicians Foundation Inc give grants?
The Physicians Foundation Inc's top state is Massachusetts, with 43% of the grant dollars itemized on its 2025 IRS Form 990. The next largest states were Texas (21%) and California (14%). The most frequent recipient cities were Houston, TX (2 grants).
Does The Physicians Foundation Inc give general operating support?
Not in 2025: none of the 7 grants with a stated purpose on The Physicians Foundation Inc's 2025 IRS Form 990 were described as general or operating support.
Who are The Physicians Foundation Inc's largest grantees?
The Physicians Foundation Inc's largest 2025 grantees include Federation of State Physician Health Programs ($150,000), Umass Chan Medical School Foundation ($150,000) and University of Southern CA ($100,000), according to its 2025 IRS Form 990. Together they received 58% of its itemized 2025 grant dollars.
How large is The Physicians Foundation Inc?
The Physicians Foundation Inc reported $140.6M in total assets on its 2025 IRS Form 990. Its revenue that year was $10.3M.
What does The Physicians Foundation Inc fund?
The Foundation’s stated mission is to support and empower all physicians to provide high-quality care, maintain the sanctity of the patient-physician relationship, and take an active leadership role in shaping the future of health care. See mission & focus areas ↑
How do I apply for a grant from The Physicians Foundation Inc?
The website describes a solicited RFP process. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is The Physicians Foundation Inc's EIN?
The Physicians Foundation Inc's EIN (Employer Identification Number) is 20-0914085. IRS Form 990 filing data is available on this page for 2020–2025.
Data last updated November 2026. Sourced from IRS Form 990 filings. Research dossier generated October 2026.
Data update history
(7)
When this profile's IRS filing data changed on Grantable
- Added Form 990 for fiscal year 2025 (received by the IRS August 31, 2026)
- Updated Form 990 for fiscal year 2020 (received by the IRS November 10, 2021)
- Updated Form 990 for fiscal year 2021 (received by the IRS November 1, 2022)
- Updated Form 990 for fiscal year 2022 (received by the IRS October 20, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS October 24, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS May 12, 2025)
- IRS filings on file for fiscal years 2020–2024
Live grants for the work The Physicians Foundation Inc funds
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