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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 Faculty Practice Foundation Inc.

Faculty Practice Foundation Inc.

Fiscal year ending 2016. Filed on May 10, 2017.

660 Harrison Avenue 3rd Floor
Center
Boston, Massachusetts 02118

Faculty Practice Foundation Inc. (EIN: 04-3289381) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2016 IRS Form 990 filing, Faculty Practice Foundation Inc., a 501(c)(3) charitable organization, reported compensation for 18 employees. Among the employees shown here, the average compensation is $682,133. The highest compensated employee at Faculty Practice Foundation Inc. is Kathleen Walsh with fiscal year 2016 compensation of $1,507,750.

Revenue, expenses, and employee compensation

Revenue

$11,932,505

Expenses

$19,728,427

Employee compensation

$12,130,988
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Kathleen Walsh
Director
$1,507,750
$0 $1,410,618 $97,132
William R Creevy, M.D.
President and Director
$1,109,207
$0 $1,047,209 $61,998
Gerard Doherty, M.D.
Treasurer and Director
$1,091,016
$0 $984,333 $106,683
Karen H Antman, M.D.
Director
$836,991
$0 $801,054 $35,937
James Holsapple, M.D.
Director
$733,652
$0 $678,991 $54,661
Scott Duncan, M.D.
Director
$702,534
$0 $692,500 $10,034
David Coleman, M.D.
Director and Clerk
$699,815
$0 $662,243 $37,572
Richard Babayan, M.D.
Director
$688,023
$0 $633,479 $54,544
Jonathan Olshaker, M.D.
Director
$683,926
$0 $621,692 $62,234
Daniel Remick, M.D.
Director
$623,804
$0 $569,463 $54,341
Kenneth Grundfast, M.D.
Director
$540,004
$0 $485,646 $54,358
David Beck, Esq
Assistant Clerk
$521,737
$0 $457,312 $64,425

Benchmark Employee Compensation

Non-Employee Board Members

David Henderson, M.D.
Director (AS of 11/16/15)
$51,881
$0 $47,756 $4,125

Contractors

Accenture LLP
Consulting
$684,786
Pricewaterhousecoopers LLP
Accounting
$239,104
Hart Associates Inc.
Consulting
$203,753
Parallon
Physican/Pbo Support
$202,166
Sullivan Cotter and Association Inc.
Consulting
$170,672

Mission Statement

SEE SCHEDULE O.

Revisions to this organization profile

September 4, 2025:
Amended (originally filed August 13, 2025)2024 Faculty Practice Foundation Inc. 990 filed
May 10, 2024:
2023 Faculty Practice Foundation Inc. 990 filed
May 11, 2023:
2022 Faculty Practice Foundation Inc. 990 filed

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Boston, Massachusetts