Knoxville Academy of Medicine Foundation

Knoxville Academy of Medicine Foundation

Knoxville, TN, US
501(c)3
EIN
62-1458199

Knoxville Academy of Medicine Foundation

Knoxville, TN, US
501(c)3
EIN
62-1458199

Overview

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Est.

1950

Fiscal Year Start

Jan 1

Organization Type

Grantseeker

AI Summary

The Knoxville Academy of Medicine Foundation is a nonprofit organization dedicated to providing no-cost health care to families without insurance who do not qualify for the state's low-income insurance program. With an operating budget of $2.6 million and total revenue of $2.2 million for the filing year 2024, the foundation relies on diverse funding sources, with no single funder contributing 50% or more of its revenue. The foundation's mission underscores its commitment to addressing healthcare access challenges in the community.

Mission Statement

To provide no-cost health care to families who have no insurance and do not qualify for the states low income insurance program.
Revenues

$2.2M

Expenses

$2.6M

Net Income:
-$325.4K
Assets

$1.4M

Liabilities

$734.2K

Net Assets:
+$635.1K
Operating Budget

$2.6M

Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants

4

Median grant size
$121.5K
Largest grant received
$150K
E
Eric Pennimanm Do
Board Member
N
Neil Coleman Md
Board Member
R
Rosalind Cadigan Md
Board Member

Frequently Asked Questions

What is Knoxville Academy of Medicine Foundation’s budget?
In 2024, Knoxville Academy of Medicine Foundation reported an annual operating budget of around $2.6 million. More detailed financial information is available to registered users.
What causes does Knoxville Academy of Medicine Foundation support?
Knoxville Academy of Medicine Foundation supports work in Foundations.
Where does Knoxville Academy of Medicine Foundation operate?
Knoxville Academy of Medicine Foundation is headquartered in Knoxville, TN.
Who funded Knoxville Academy of Medicine Foundation recently?
In 2025, Knoxville Academy of Medicine Foundation received grants from UNITED WAY OF GREATER KNOXVILLEINC, THE PHYSICIANS FOUNDATION INC, and TENNESSEE CHARITABLE CARE NETWORK. More information on this organization’s funders is available to registered users.
What is the largest grant Knoxville Academy of Medicine Foundation received in 2024?
The largest grant to Knoxville Academy of Medicine Foundation in 2024 exceeds $150 thousand.
What is Knoxville Academy of Medicine Foundation’s reliance on government grants?
Knoxville Academy of Medicine Foundation relied on government grants for more than 90% of their total revenue in 2024.
Overview
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