Physicians Benevolent Fund

Fiscal year ending 2024. Filed on September 23, 2025.

401 West 15th Street 100
Austin, Texas 78701

Physicians Benevolent Fund (EIN: 74-6050660) has filed an IRS Form 990 since fiscal year 2019. In its fiscal year 2024 IRS Form 990 filing, Physicians Benevolent Fund, a 501(c)(3) charitable organization, reported compensation for 2 employees. Among the employees shown here, the average compensation is $635,247. The highest compensated employee at Physicians Benevolent Fund is Michael J Darrouzet with fiscal year 2024 compensation of $718,305.

Revenue, expenses, and employee compensation

Revenue

$485,235

Expenses

$543,174

Employee compensation

$206,269
Revenue, expenses, and employee compensation over time

Mission Statement

THE PURPOSE FOR WHICH IT IS FORMED IS TO RECEIVE AND HOLD IN TRUST, SAFELY KEEP AND INVEST, MONEY AND OTHER REAL AND PERSONAL PROPERTY AND ACCUMULATE REVENUE AND INCOME THEREFROM, FOR THE USE AND BENEFIT OF CHARITABLE, BENEVOLENT, AND SCIENTIFIC PURPOSES, INCLUDED BUT NOT LIMITED TO (1) THE RESEARCH IN THE FIELD OF GERIATRICS, (2) THE REHABILITATION OF DESTITUTE TEXAS PHYSICIANS AND THEIR FAMILIES, (3) THE AIDING, SUPPORTING, MAINTAINING AND ASSISTING BY GIFT, DONATION OR OTHERWISE, PROJECTS OR ENDEAVORS, WHETHER INCORPORATED OR UNINCORPORATED, WHOSE OBJECTS OR PURPOSES ARE TO GIVE PHYSICAL AID, COMFORT, SUPPORT OR ASSISTANCE TO MAIMED, CRIPPLED, AGED, SICK, INFIRM, INDIGENT OR DESTITUTE TEXAS PHYSICIANS AND THEIR FAMILIES, OR TO AID, SUPPORT, MAINTAIN, ASSIST, GIVE OR DONATE TO SUCH INDIVIDUALS DIRECTLY, ALL FOR THE BETTERMENT OF MANKIND, AND FOR PURPOSES INCIDENTAL THERETO.

Revisions to this organization profile

September 23, 2025:
2024 Physicians Benevolent Fund 990 filed
October 16, 2024:
2023 Physicians Benevolent Fund 990 filed
November 6, 2023:
2022 Physicians Benevolent Fund 990 filed

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