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 $1.6M across 15 grants in 2024 (avg $110K), top state Illinois. 60% of 2024 grantees were new. Source: 2024 IRS Form 990.
- Annual giving (2024)
- $1,645,000
- +6.8% vs 2023
- Grants made (2024)
- 15
- +66.7% vs 2023
- Average grant
- $109,667
- -35.9% vs 2023
- Median grant
- $100,000
- Total assets
- $128,001,743
- +6.4% vs 2023
- New grantees (estimate)
- 60% first-time grantees (9 of 15, 2024; small sample)
- Primary geography
- Illinois (20% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990, 2024 View filing
Data from IRS Form 990, 2024; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
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 10 recipients in 2024
The largest 2024 recipient was Mississippi State Medical Association Foundation ($223K). Together the top 10 received $1.3M.
Grant Size Distribution
76 grants across all recorded years
The most common grant size was in the $100–250K range: 44 grants of 76 (58%).
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 2024 grant dollars across all 15 itemized grants.
States
Cities
Is The Physicians Foundation Inc open to new grantees?
60%
first-time grantees, 2024
In 2024, 9 of 15 grantees (60%) were first-time recipients. With only 15 grantees, that is a small sample: one grantee more or less moves the share by about 7 points. First grants averaged $116K; repeat grants $100K. How we count
Medians: $100K first-time, $75K repeat.
Estimate from itemized grant lists in IRS Form 990 filings (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $1.5M (2023) to $2.2M (2020). In 2024 it made 15 grants totaling $1.6M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Mississippi State Medical Association Foundation Ridgeland, MS | To support a physician leadership program and enhance patient resource connections | $223,000 |
| Knoxville Academy of Medicine Foundation Knoxville, TN | Drivers of Health Assessment Integration | $150,000 |
| Medical Society of Sedgwick County Physician Leadership Alliance Wichita, KS | Improving Patient Outcomes Through Enhanced Drivers of Health | $150,000 |
| Inland Empire Health Information Organization Riverside, CA | Drivers of Health Assessment Integration | $141,000 |
| Rush University Medical Center Chicago, IL | Improve Cardiometabolic Health Profiles of at-Risk Chicago Communities | $131,000 |
| Board of Trustees University of Illinois Urbana, IL | Understand Impact of Ai on Physician Wellness | $100,000 |
| Northwestern Memorial Foundation Chicago, IL | Improving Labor and Delivery Through Artificial Intelligence | $100,000 |
| Providence St Joseph National Foundation Portland, OR | Ai-Powered Clinical Decision Support | $100,000 |
| Uc San Diego Health San Diego, CA | Support Wellness Programs | $100,000 |
| Accma Community Health Foundation Oakland, CA | To Develop and Deliver a Leadership Program | $75,000 |
Ready to take the next step with The Physicians Foundation Inc?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 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.
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; 22 of 24 officers listed in 2024 are compensated.
Officers on the 2024 filing
Robert Seligson
CEO
On filings since 2020
40 hrs/week
$173K (2020) → $350K (2024)
Gary Price MD
Chairman
On filings since 2020
20 hrs/week
$20K (2020) → $100K (2024)
Alex Malter MD
Member
On filings since 2020
5 hrs/week
$15K (2020) → $14K (2024)
Don Alexander
Member
On filings since 2020
5 hrs/week
$15K (2020) → $14K (2024)
Dustin Corcoran
Member
On filings since 2020
5 hrs/week
$9K (2020) → $11K (2024)
Hurshell Baggett
Member
On filings since 2020
5 hrs/week
$14K (2021) → $11K (2024)
Jennifer Hanscom
Vice President
Member → Vice President, 2024
On filings since 2020
5 hrs/week
$15K (2020) → $15K (2024)
John Dorman
COO
On filings since 2020
10 hrs/week
$100K (2020) → $123K (2024)
Joseph Valenti MD
Vice President
Member → Vice President, 2024
On filings since 2020
5 hrs/week
$15K (2020) → $15K (2024)
Larry Downs
Secretary
On filings since 2020
5 hrs/week
$18K (2020) → $16K (2024)
Lawrence Braud MD
Vice President
On filings since 2020
5 hrs/week
$18K (2020) → $14K (2024)
March Seabrook
Vice President
Member → Vice President, 2024
On filings since 2020
5 hrs/week
$15K (2020) → $15K (2024)
Michael Darrouzet
Member
On filings since 2020
5 hrs/week
$4K (2024)
Palmer Jones
Member
On filings since 2020
5 hrs/week
$15K (2020) → $14K (2024)
Paul Harrington
Member
On filings since 2020
5 hrs/week
$15K (2020) → $14K (2024)
Ralph Nobo MD
Member
On filings since 2020
5 hrs/week
$15K (2020) → $14K (2024)
Rip Hollister MD
Member
On filings since 2020
5 hrs/week
$15K (2020) → $14K (2024)
Russell Libby MD
Member
On filings since 2020
5 hrs/week
$3K (2020) → $0 (2024)
Subhi Ali MD
Treasurer
Member → Treasurer, 2021
On filings since 2020
5 hrs/week
$16K (2020) → $7K (2024)
Jerry Van Meter
Member
On filings since 2021
5 hrs/week
$12K (2022) → $14K (2024)
Amy Reynoldson
Member
On filings since 2023
5 hrs/week
$6K (2023) → $14K (2024)
Arthur Fougner MD
Member
On filings since 2023
5 hrs/week
$6K (2023) → $11K (2024)
Susan Bankston
Member
New on the 2024 filing
5 hrs/week
$8K (2024)
Joy Maxey
Member
On filings since 2020
5 hrs/week
No compensation reported
Former officers (4)
- 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, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2024 IRS filing
The highest reported compensation on the 2024 filing was $350K, to Robert Seligson (CEO). 22 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 $1.6M across 15 grants in 2024, according to its 2024 IRS Form 990. In 2023 it gave $1.5M across 9 grants.
What is The Physicians Foundation Inc's typical grant size?
The Physicians Foundation Inc's median grant in 2024 was $100,000, and its average grant was $109,667, across 15 grants on its 2024 IRS Form 990. Organizations receiving their first grant from The Physicians Foundation Inc that year got $116K on average.
Where does The Physicians Foundation Inc give grants?
The Physicians Foundation Inc's top state is Illinois, with 20% of the grant dollars itemized on its 2024 IRS Form 990. The next largest states were California (19%) and Mississippi (14%). The most frequent recipient cities were Chicago, IL (2 grants).
Does The Physicians Foundation Inc give general operating support?
Not in 2024: none of the 15 grants with a stated purpose on The Physicians Foundation Inc's 2024 IRS Form 990 were described as general or operating support. Recurring purposes include "To Support a Physician Leadership Program" (3 grants).
Who are The Physicians Foundation Inc's largest grantees?
The Physicians Foundation Inc's largest 2024 grantees include Mississippi State Medical Association Foundation ($223,000), Knoxville Academy of Medicine Foundation ($150,000) and Medical Society of Sedgwick County Physician Leadership Alliance ($150,000), according to its 2024 IRS Form 990. Together they received 32% of its itemized 2024 grant dollars.
How large is The Physicians Foundation Inc?
The Physicians Foundation Inc reported $128.0M in total assets on its 2024 IRS Form 990. Its revenue that year was $5.3M.
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 2020–2024.
Data last updated October 2026. Sourced from IRS Form 990 filings. Research dossier generated October 2026.
Data update history
(6)
When this profile's IRS filing data changed on Grantable
- 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
Explore Open Grants
Browse active grant opportunities in The Physicians Foundation Inc's focus areas in our free grants database
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Cite this profile
Grantable. (2026). The Physicians Foundation Inc funder profile. GrantGraph. Retrieved October 14, 2026, from https://grantable.co/funders/the-physicians-foundation-inc-morg_b72db33397c949388afca3d9596245ef
BibTeX
@misc{grantable_200914085_2026,
author = {{Grantable}},
title = {{The Physicians Foundation Inc funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/the-physicians-foundation-inc-morg_b72db33397c949388afca3d9596245ef},
note = {Accessed 2026-10-14. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from The Physicians Foundation Inc's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
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