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Physicians Aid Association is a private corporation based in WEST HOLLYWOOD, CA. The foundation received its IRS ruling in 1944. It holds total assets of $5.9M. Annual income is reported at $3.5M. FINANCIAL AID TO SEVEN MEDICAL DOCTORS EXPERIENCING TEMPORARY FINANCIAL HARDSHIP. According to available records, Physicians Aid Association has made 48 grants totaling $1.6M, with a median grant of $25K. Annual giving has grown from $218K in 2020 to $363K in 2023. Grantmaking activity was highest in 2022 with $866K distributed across 22 grants. Individual grants have ranged from $8K to $119K, with an average award of $34K. The foundation has supported 16 unique organizations. Grant recipients are concentrated in California. Contributions to this foundation are tax-deductible.
FINANCIAL AID TO FIVE MEDICAL DOCTORS EXPERIENCING TEMPORARY FINANCIAL HARDSHIP.
Expenses: $88K
RESTRICTED GRANTS TO FOUR MEDICAL SCHOOLS TO PROVIDE FINANCIAL AID TO MEDICAL STUDENTS FOR BASIC LIVING NECESSITIES.
Expenses: $130K
FINANCIAL AID TO SEVEN MEDICAL DOCTORS EXPERIENCING TEMPORARY FINANCIAL HARDSHIP. Based on available records, the foundation has funded 48 grants. Its grantmaking reaches organizations primarily in CA.
Physicians Aid Association has distributed a total of $1.6M across 48 grants. The median grant size is $25K, with an average of $34K. Individual grants have ranged from $8K to $119K.
The application deadline is SUBMISSIONS ACCEPTED ANYTIME.. AS STATED IN THE ORGANIZATION'S ARTICLES OF INCORPORATION, THE ORGANIZATION PROVIDES ASSISTANCE (MONETARY, MEDICAL, HOSPITAL, CLINICAL AND OTHER AID) TO NEEDY DOCTORS OF MEDICINE AND TO NEEDY WIDOWS AND MINOR CHILDREN OF DECEASED DOCTORS OF MEDICINE. FURTHER, THE BYLAWS STATE THAT PHYSICIANS AND THEIR FAMILIES ARE REQUIRED TO LIVE IN LOS ANGELES COUNTY IN ORDER TO BE ELIGIBLE FOR CONSIDERATION.
Physicians Aid Association is headquartered in WEST HOLLYWOOD, CA.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Sidney Gold Md | DIRECTOR | $0 | $0 | $0 |
| Phillip S Bland Md | DIRECTOR | $0 | $0 | $0 |
| Manish Mehta Md | DIRECTOR | $0 | $0 | $0 |
| Patrick A Mauer Md | DIRECTOR - PAST VP | $0 | $0 | $0 |
| Mona Iskander Md | SECRETARY | $0 | $0 | $0 |
Total Giving
$471K
Total Assets
$5.4M
Fair Market Value
$5.4M
Net Worth
$5.4M
Grants Paid
$363K
Contributions
$10K
Net Investment Income
$454K
Distribution Amount
$252K
Total: $4.3M
Total Grants
48
Total Giving
$1.6M
Average Grant
$34K
Median Grant
$25K
Unique Recipients
16
Most Common Grant
$50K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Dr Neda ShafaghiUNEXPECTED FINANCIAL HARDSHIP | Los Angeles, CA | $119K | 2023 |
| Charles Drew School Of MedicineGRANT TO STUDENTS | Los Angeles, CA | $75K | 2023 |
| Western University Of Health SciencGRANT TO STUDENTS | Pomona, CA | $50K | 2023 |
| Ucla David Geffen School Of MedicinGRANT TO STUDENTS | Los Angeles, CA | $50K | 2023 |
| Dr David AngertUNEXPECTED FINANCIAL HARDSHIP | West Hollywood, CA | $25K | 2023 |
Other foundations that have funded Physicians Aid Association.
| Funder | Amount | Year | Purpose |
|---|---|---|---|
| Bley Stein Foundation | $500 | 2023 | Charitable |
| Bley Stein Foundation | $400 | 2022 | DONATION |
| Bley Stein Foundation | $400 | 2022 | DONATION |
PERKASIE, PA
JOHNS ISLAND, SC
ELIZABETHTON, TN
BROOKLYN, NY
| Katherine Galos Md |
| DIRECTOR |
| $0 |
| $0 |
| $0 |
| Othella T Owens Md | DIRECTOR - PAST TREASURER | $0 | $0 | $0 |
| Jerry Abraham Md | DIRECTOR | $0 | $0 | $0 |
| Stephanie White Md | DIRECTOR | $0 | $0 | $0 |
| Mason Hohl Md | DIRECTOR | $0 | $0 | $0 |
| Roberta L Doucet Md | TREASURER | $0 | $0 | $0 |
| Joann C Pullen Md | DIRECTOR | $0 | $0 | $0 |
| William Hohl Md | PRESIDENT | $0 | $0 | $0 |
| Rama Chandran Md | DIRECTOR - PAST PRESIDENT | $0 | $0 | $0 |
| John A Kowalczyk Do | VICE PRESIDENT | $0 | $0 | $0 |
| Sarah Yamaguci Md | DIRECTOR | $0 | $0 | $0 |
| 2017 | 990PF | View |
| 2016 | 990PF | View |
| Michael RothUNEXPECTED FINANCIAL HARDSHIP | West Hollywood, CA | $17K | 2023 |
| Lyle RoyerUNEXPECTED FINANCIAL HARDSHIP | West Hollywood, CA | $11K | 2023 |
| Dr Judith BostonUNEXPECTED FINANCIAL HARDSHIP | West Hollywood, CA | $9K | 2023 |
| Gary T CiramiUNEXPECTED FINANCIAL HARDSHIP | West Hollywood, CA | $8K | 2023 |
| Western University School Of MediciGRANT TO STUDENTS | Pomona, CA | $60K | 2022 |
| Usc Keck School Of MedicineGRANT TO STUDENTS | Los Angeles, CA | $50K | 2022 |
| Gilbert MintzUNEXPECTED FINANCIAL HARDSHIP | Indian Wells, CA | $14K | 2022 |
| Dr Kari ScottUNEXPECTED FINANCIAL HARDSHIP | Mission Hills, CA | $9K | 2022 |
| Zev NevoUNEXPECTED FINANCIAL HARDSHIP | Valley Village, CA | $19K | 2021 |
| WimbleyUNEXPECTED FINANCIAL HARDSHIP | West Hollywood, CA | $14K | 2021 |
| Scott KariUNEXPECTED FINANCIAL HARDSHIP | Mission Hills, CA | $21K | 2020 |
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