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Education : Scholarship and Financial Support

National Medical Fellowships

Changing the face of medicine

four stars

91.45

347 Fifth Avenue Suite 510
New York, NY 10016
tel: (212) 483-8880   Web Site
EIN: 01-0963657

Board Leadership
Daniel T. McGowan
Chair

CEO
Esther Dyer
President

  Score
(out of 100)
Rating
Overall Score & Rating 91.45 four stars
  Financial 95.00 four stars
  Accountability & Transparency 89.00 three stars
This rating was published 03/01/2017 and includes data from FY2015, the most recent 990 received at that time.

National Medical Fellowships' (NMF) mission is to provide scholarships for underrepresented minorities in medicine. Our primary goal is to achieve equity of opportunity in medicine and equity of access to quality healthcare for all groups in American society by increasing the number of minority physicians and changing the face of medicine to better reflect-and serve our diverse nation. NMF programs fund need-based and merit scholarships during the first years of medical study and experience-based opportunities for more senior students, increasing the number of culturally competent providers and addressing some of the cultural barriers that ultimately contribute to disparities. Since 1946, National Medical Fellowships has awarded over $39 million to more than 28,000 recipients.

National Medical Fellowships' (NMF) mission is to provide scholarships for underrepresented minorities in medicine. Our primary goal is to achieve equity of opportunity in medicine and equity of access to quality healthcare for all groups in American society by increasing the number of minority physicians and changing the face of medicine to better reflect-and serve our diverse nation. NMF programs fund need-based and merit scholarships during the first years of medical study and experience-based opportunities for more senior students, increasing the number of culturally competent providers and addressing some of the cultural barriers that ultimately contribute to disparities. Since 1946, National Medical Fellowships has awarded over $39 million to more than 28,000 recipients.

Financial

four stars

95.00

Accountability & Transparency

three stars

89.00

This rating was published 03/01/2017 and includes data from FY2015, the most recent 990 received at that time.
Overall Rating Chart
  Program Expenses
(Percent of the charity's total expenses spent on the programs
and services it delivers)
92.5%
  Administrative Expenses 2.6%
  Fundraising Expenses 4.8%
  Fundraising Efficiency $0.09
  Working Capital Ratio (years) 0.59
  Program Expenses Growth 20.6%
  Liabilities to Assets 16.4%
All data for Financial Performance Metrics calculations was provided by National Medical Fellowships on recent 990s filed with the IRS.
All data for Financial Performance Metrics calculations was provided by National Medical Fellowships on recent 990s filed with the IRS.

Highly Rated

Charity Name & State Overall Score Overall Rating
National Medical Fellowships (NY) 91.45 four stars
Marine Corps Scholarship Foundation (VA) 85.05 three stars
Daniel Murphy Scholarship Fund (IL) 89.28 three stars
UNCF (DC) 94.94 four stars
ACCESS College Foundation (VA) 93.60 four stars

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REVENUE  
Contributions  
   Contributions, Gifts & Grants $2,312,075
   Federated Campaigns $0
   Membership Dues $0
   Fundraising Events $180,550
   Related Organizations $0
   Government Grants $0
Total Contributions $2,492,625
   Program Service Revenue $0
Total Primary Revenue $2,492,625
   Other Revenue $413,467
TOTAL REVENUE $2,906,092
   
EXPENSES  
   Program Expenses $3,933,075
   Administrative Expenses $106,977
   Fundraising Expenses $196,115
TOTAL FUNCTIONAL EXPENSES $4,236,167
   
Payments to Affiliates $0
Excess (or Deficit) for the year $-1,330,075
   
Net Assets $2,334,105

Program names and associated costs are listed for the top programs as reported on the charity's most recently filed Form 990. The top programs displayed will include the largest three programs, or those programs covering at least 60% of the charity's total expenses, whichever comes first.

Program Name Amount Spent % of Program Expenses
Scholarships and Awards $2,144,372 54.5%
Service Learning Programs $1,723,048 43.8%
Public Information and Alumni Relations $65,655 1.7%

Ratings History
National Medical Fellowships has received 5 consecutive 4-star ratings from Charity Navigator.

Form 990 FYE Date Published Overall Score Overall Rating
CN 2.1
2015-12 03/01/2017 91.45 four stars
2014-12 06/01/2016 96.66 four stars
 
CN 2.0
2014-12 03/01/2016 90.21 four stars
2013-12 08/01/2015 90.17 four stars
2012-12 06/01/2014 97.09 four stars
2011-12 12/01/2013 92.21 four stars
2010-06 12/01/2011 86.01 three stars
2009-06 09/20/2011 80.58 three stars
 
CN 1.0
2009-06 12/22/2010 79.27 two stars
2008-06 02/01/2010 84.09 three stars
2007-06 11/01/2008 66.34 one star
2006-06 11/01/2007 70.79 two stars
2005-06 10/01/2006 57.32 one star
2004-06 07/01/2005 66.34 one star
2003-06 12/01/2004 87.20 three stars

The data displayed on this tab is provided by the IRS in the form of Publication 78 and the Business Master File (BMF).

EIN 01-0963657
Name in IRS Master File NATIONAL MEDICAL FELLOWSHIPS INC
NTEE Code E80
NTEE Classification Health, General and Financing
NTEE Type Health - General and Rehabilitative
Classification Charitable Organization
Subsection 501(c)(3)  (View the list of codes)
Activities
Foundation Status Organization which receives a substantial part of its support from a governmental unit or the general public   170(b)(1)(A)(vi)
Deductibility Contributions are deductible
Affiliation Independent - the organization is an independent organization or an independent auxiliary (i.e., not affiliated with a National, Regional, or Geographic grouping of organizations).
Group Name [Not Applicable]
Ruling Date July, 2010
Filing Requirement 990 (all other) or 990EZ return
Fiscal Year End December
IRS Forms 990
(provided courtesy of Foundation Center)
(Log In or Register Now to View Forms 990!)
  • December, 2015
  • December, 2014
  • December, 2013
  • December, 2012
  • December, 2011

The data displayed in this profile is provided by the IRS for free in the form of Publication 78 and the Business Master File (BMF).

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Compensation % of Expenses Paid to Title
$322,664 7.61% Esther R. Dyer President, CEO

Highly Rated

Charity Name & State Overall Score Overall Rating
National Medical Fellowships (NY) 91.45 four stars
Extra Mile Education Foundation (PA) 85.91 three stars
Hispanic Scholarship Fund (CA) 91.78 four stars
Pardes Institute of Jewish Studies, North America (NY) 86.67 three stars
Asian & Pacific Islander American Scholarship Fund (DC) 93.69 four stars

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This charity has an official representative registered with Charity Navigator.

Charity Contact Info

National Medical Fellowships
347 Fifth Avenue
Suite 510
New York, NY 10016
tel: (212) 483-8880
fax: (212) 483-8897
EIN: 01-0963657

Visit Web Site

Board Leadership

Daniel T. McGowan
Chair

CEO

Esther Dyer
President

[ X ]

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