philanthropy.org | 990 Resource | FAQ Verify yourself
Sign in

Riverside County Physicians Memorial Foundation FY2021 filing

Tax-deductible

Riverside, CA501(c)(3)Since 1962Foundations & Grantmakers EIN 95-6080778Revenue $456K in FY2021

On file with the IRSrcmadocs.orgPo Box 2425, 92516-2425 · Riverside, CATax-exempt since Oct 1964Publicly supported charity — 170(b)(1)(A)(vi)

Claim this org

(tell your story, add context, and more)

What claiming does How does your 990 look to donors? Take the 10-Question Audit

To engage in activities of a charitable and benevolent nature, including providing medical attention to underprivileged children, palliative support and education, scholarships and establishing commemorative programs.

501(c)(3) charity; gifts are tax-deductible.
83¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2021 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
4 of 6
filings with a surplus
Average surplus $171K a year · 28% of revenue · last 6 filings
Fine: a surplus in 4 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
83%
of spending
Looks good: 83% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Cash reserves
14 mo
of spending, in cash
Plus $2.5M in investments, Pt X · Ln 11–13
Looks good: 14.4 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $500K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$24K
0.9% of total assets
Looks good: liabilities are 1% of assets; 50% or less.
Pt X · Ln 26
Independent board members
13
of 13 voting members
Looks good: 13 of 13 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$456K
-17% vs prior year
Spent
$247K
To programs
83%
Net assets
$2.8M
By yearFY2020–FY2025
Revenue
$456K
FY2021▼ -17%
Tap a bar for its year
Revenue by fiscal year
FY2020$546K
FY2021$456K
FY2022$161K
FY2023$240K
FY2024$400K
FY2025$1.9M
Expenses
$247K
FY2021▼ -2%
Tap a bar for its year
Expenses by fiscal year
FY2020$253K
FY2021$247K
FY2022$270K
FY2023$303K
FY2024$352K
FY2025$1.3M
Net assets
$2.8M
FY2021▲ +10%
Tap a bar for its year
Net assets by fiscal year
FY2020$2.6M
FY2021$2.8M
FY2022$2.4M
FY2023$2.7M
FY2024$2.9M
FY2025$3.6M

From the FY2021 Form 990 · see the original

Give Claim
You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Oct 1964.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

83 cents of each dollar spent went to programs.

Program services 83% · $205K Management & general 17% · $42K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Something off? Claim to add context

Who runs it and what they're paid

15 people listed on the 990.

Part VII, Section A · reportable compensation
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
See Riverside County Physicians Memorial Foundation executive salaries →

On this list? Claim this org

Something off? Claim to add context

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Provides medical care, education, and scholarships for underprivileged children.

Questions for Riverside County Physicians Memorial Foundation

Tap to ask. Riverside County Physicians Memorial Foundation sees how many people are interested.

Your first name shows with your question. Riverside County Physicians Memorial Foundation answers here, for everyone.

Provided by the organization

Know this org? Add your story

3 programs · $205K · in their own filed words · FY2021
01

Project K.i.n.d.

Services to "kids in need of doctors" including medical, vision and dental clinics for low-income children.

$143Kprogram expense
02

Scholarship fund for qualified medical students and early-career physicians; $42,000 awarded as scholarships and $20,000 awarded under loan repayment program.

$62Kprogram expense
03

Physician wellness provides local support to promote professional satisfaction, reduce stress, decrease emotional fatigue and prevent physical burnout before it begins.

$451program expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2025
Riverside County Foundation for Medical CareFY2025$500K
Total grants receivedfrom 1 funder$500K
Grants paid · 6 grants · $1.4M · 2020–2025
Unitemized GrantFY2025$1,018,500
Unitemized GrantFY2024$112,000
Unitemized GrantFY2023$109,500
Unitemized GrantFY2022$79,500
Unitemized GrantFY2021$62,000
Unitemized GrantFY2020$48,000

By the numbers

The FY2021 990, line by line.

Download 990
from philanthropy.org
1The main four
Money inPt VIII
$456K
Ln 12
Gifts and grantsLn 1h$314K
Investment incomeLn 3$141K
Money outPt IX
$247K
Ln 25
Programscol B$205K
Managementcol C$42K
Owns and owesPt X
$2.8M
net assets · Ln 32
Cash and savingsLn 1–2$298K
Total assetsLn 16$2.9M
LiabilitiesLn 26$24K
PeoplePt VI, VII
15
listed · VII A
PaidVII A0
Voting boardVI 1a13
IndependentVI 1b13
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$314K
Government grantsLn 1e$114K
Fundraising eventsLn 1c$64K
Investment incomeLn 3$141K
Gains on assetsLn 7$23K
Total revenueLn 12$456K
Assets in detailPt X, end of year
CashLn 1$208K
SavingsLn 2$89K
Cash and savings togetherLn 1–2$298K
InvestmentsLn 11–13$2.5M
Land, buildings, equipmentLn 10c$4K
Total assetsLn 16$2.9M
LiabilitiesLn 26$24K
Net assetsLn 32$2.8M
OperationsPt I, VI
EmployeesI 50
VolunteersI 633
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY21End FY21
Cash and savingsLn 1–2$288K$298K
InvestmentsLn 11–13$2.2M$2.5M
Land, buildings, equipmentLn 10c$4K$4K
Total assetsLn 16$2.7M$2.9M
LiabilitiesLn 26$81K$24K
Net assetsLn 32$2.6M$2.8M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic individualsLn 2$62K$62K
Other salaries and wagesLn 7$93K$93K
Other employee benefitsLn 9$26K$26K
Legal feesLn 11b$3K$3K
Accounting feesLn 11c$9K$9K
Investment management feesLn 11f$12K$12K
Office expensesLn 13$5K$451$4K
Information technologyLn 14$5K$5K
OccupancyLn 16$14K$14K
TravelLn 17$44$44
Depreciation, depletion and amortizationLn 22$346$346
InsuranceLn 23$906$906
Other expenses (24a–d)Ln 24$18K$18K
Total functional expensesLn 25$247K$205K$42K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $1.9M$1.3M$645K$3.6M 990 PDF
FY2024 $400K$352K$48K$2.9M 990 PDF
FY2023 $240K$303K−$62K$2.7M 990 PDF
FY2022 $161K$270K−$109K$2.4M 990 PDF
FY2021 Viewing $456K$247K$208K$2.8M 990 PDF
FY2020 $546K$253K$293K$2.6M 990 PDF

More to add? Claim this org

Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support O · Explanations
See the full FY2021 990 (6 parts)
Part I · Summary $455,641 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $293,390$314,284
I-9 Program service revenuePrior year $0$0
I-10 Investment incomePrior year $252,744$141,357
I-11 Other revenuePrior year $0$0
I-12 Total revenuePrior year $546,134$455,641
I-13 Grants and similar amounts paidPrior year $48,000$62,000
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $130,609$118,482
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $74,594$66,862
I-18 Total expensesPrior year $253,203$247,344
I-19 Revenue less expensesPrior year $292,931$208,297
Part VI · Governance 13 of 13 board members independent, no flags
VI-1a Voting members of the governing body13
VI-1b Independent voting members13
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $455,641 across 8 lines filed
VIII-1c Fundraising events$63,786
VIII-1e Government grants$114,263
VIII-1f All other contributions, gifts and grants$136,235
VIII-1h Total contributions, gifts and grants$314,284
VIII-3 Investment incomeExcluded from tax $117,966$117,966
VIII-7 Net gain or loss on sales of assetsExcluded from tax $23,391$23,391
VIII-8 Net income from fundraising events$0
VIII-12 Total revenueRelated to mission $0 · Unrelated business $0 · Excluded from tax $141,357$455,641
Part IX · Statement of functional expenses $247,344 across 13 lines filed
IX-2 Grants to domestic individualsPrograms $62,000$62,000
IX-7 Other salaries and wagesPrograms $92,947$92,947
IX-9 Other employee benefitsPrograms $25,535$25,535
IX-11b Legal feesManagement $2,900$2,900
IX-11c Accounting feesManagement $8,700$8,700
IX-11f Investment management feesManagement $11,620$11,620
IX-13 Office expensesPrograms $451 · Management $4,496$4,947
IX-14 Information technologyPrograms $4,783$4,783
IX-16 OccupancyManagement $14,366$14,366
IX-17 TravelPrograms $44$44
IX-22 Depreciation, depletion and amortizationPrograms $346$346
IX-23 InsurancePrograms $906$906
IX-24 Other expenses (24a–d)Programs $18,250$18,250
IX-25 Total functional expensesPrograms $205,262 · Management $42,082 · Fundraising $0$247,344
Part X · Balance sheet $2,852,804 assets, 14 lines filed
X-1 Cash, non-interest-bearingStart of year $189,324$208,180
X-2 Savings and temporary cash investmentsStart of year $98,676$89,388
X-4 Accounts receivableStart of year $156,250$73,893
X-9 Prepaid expenses and deferred chargesStart of year $491$485
X-10c Land, buildings and equipment, netStart of year $3,981$3,727
X-11 Publicly traded securitiesStart of year $2,202,738$2,477,131
X-16 Total assetsStart of year $2,651,460$2,852,804
X-17 Accounts payable and accrued expensesStart of year $267$430
X-19 Deferred revenueStart of year $43,041$12,738
X-25 Other liabilitiesStart of year $37,658$11,159
X-26 Total liabilitiesStart of year $80,966$24,327
X-28 Net assets with donor restrictionsStart of year $2,570,494$2,828,477
X-32 Total net assets or fund balancesStart of year $2,570,494$2,828,477
X-33 Total liabilities and net assetsStart of year $2,651,460$2,852,804
Part XI · Reconciliation of net assets $2,828,477 net assets at year end
XI-1 Total revenue$455,641
XI-2 Total expenses$247,344
XI-3 Revenue less expenses$208,297
XI-4 Net assets at start of year$2,570,494
XI-5 Net unrealized gains (losses) on investments$49,686
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$2,828,477

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

Your org? Add context

Made it to the end? Claim this org

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.