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Filing year 2024

ABFM FOUNDATION INC

Lexington, Kentucky·EIN 61-1368512·NTEE P80 · Human Services·3
Total revenue
$25M
Total assets
$130.6M
Total expenses
$9.5M
Reported officers
9
Mission

TO PERFORM THE FUNCTIONS OF AND CARRY OUT THE EDUCATION SCIENTIFIC LITERARY AND CHARITABLE PURPOSES OF ITS SUPPORTED ORGANIZATION, THE AMERICAN BOARD OF FAMILY MEDICINE (ABFM) INCLUDING: (A)TO ACCEPT FUNDING REQUESTS SUBMITTED TO THE ABFM OR FROM OTHER ORGANIZATIONS INVOLVED IN THE FOSTERING OF EDUCATION, SCHOLARLY ACTIVITIES OR RESEARCH IN FAMILY MEDICINE OR EDUCATIONAL TRAINING AND TESTING AND TO ADVISE THE ABFM OF THE BENEFIT TO THE SPECIALTY OF FAMILY MEDICINE OF PROVIDING SUCH SUPPORT; (B)TO SOLICIT AND ACCEPT CONTRIBUTIONS OR RESEARCH GRANTS FROM ORGANIZATIONS TO HELP FUND ANY PROJECTS/INITIATIVES THAT MEET THE ABOVE REQUIREMENTS.

Executive compensation

Form 990 · Schedule J · 9 reported individuals · Filing year 2024

Director/president/secreta
$50k
$53k
Executive Director
$16k
$17k
Director and Chair
board chair
$7k
$7k
Director and Vice Chair
board chair
$6k
$6k
Director and Treasurer
officer (unspecified)
$6k
$6k
Director
board member
$6k
$6k
Director
board member
$5k
$5k
Director
board member
$2k
$2k
Director
board member
$2k
$2k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Browse compensation in Human Services

Up 4%
from 2023

From $48k in 2023 to $50k in 2024.

$48k
2023
$50k
2024
In today's dollarsEst.
Up 1% in real terms$53k to $53k

Estimated with BLS CPI-U for the South region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

ABFM FOUNDATION INC reported revenue and expenses across 2 filing years.

RevenueExpenses
$8.9M
$7.8M
2023
$25M
$9.5M
2024
Total revenue and total expenses from IRS Form 990 filings.
Sector benchmark

What Human Services executives earn in Kentucky

Comparable human services organizations in Kentucky pay their highest-earning executive a median of $59,747.

25th percentile
$32k
Median
$59,747
75th percentile
$106k
90th percentile
$142k

These are human services sector-wide figures, not this organization's reported pay. Based on 96 organizations across 96 filings (2021 – 2023).

See full Human Services pay data for Kentucky
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