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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Organizations Human Services Abfm Foundation Inc.

Abfm Foundation Inc.

Fiscal year ending 2024. Filed on November 13, 2025.

1648 Mcgrathiana Parkway 550
Lexington, Kentucky 40511

Abfm Foundation Inc. (EIN: 61-1368512) has filed an IRS Form 990 since fiscal year 2019. In its fiscal year 2024 IRS Form 990 filing, Abfm Foundation Inc., a 501(c)(3) charitable organization, reported compensation for 2 employees. Among the employees shown here, the average compensation is $605,588. The highest compensated employee at Abfm Foundation Inc. is Warren Newton, M.D. with fiscal year 2024 compensation of $999,441.

Revenue, expenses, and employee compensation

Revenue

$24,990,397

Expenses

$9,527,924

Employee compensation

$0
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Warren Newton, M.D.
President and Secretary and Director
$999,441
$0 $949,266 $50,175
Roger Bean, Cpa
Executive Director
$211,734
$0 $195,426 $16,308

Benchmark Employee Compensation

Non-Employee Board Members

Diane Beebe, M.D.
Chair and Director
$6,500
$6,500 No related compNo other comp
Carlos Jaen, M.D.
Vice Chair and Director
$6,000
$6,000 No related compNo other comp
Laura Brooks, M.D.
Treasurer and Director
$6,000
$6,000 No related compNo other comp
Sam Jones, M.D.
Director
$5,500
$5,500 No related compNo other comp
Collen Conry, M.D.
Director
$4,500
$4,500 No related compNo other comp
Carlos Gonzales
Director
$1,500
$1,500 No related compNo other comp
Jerry Kruse
Director
$1,500
$1,500 No related compNo other comp

Mission Statement

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.

Revisions to this organization profile

November 13, 2025:
2024 Abfm Foundation Inc. 990 filed
November 15, 2024:
2023 Abfm Foundation Inc. 990 filed
November 15, 2023:
2022 Abfm Foundation Inc. 990 filed

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