Josiah Macy Jr. Foundation

What Josiah Macy Jr. Foundation does

The Josiah Macy Jr. Foundation, founded in 1930 by Kate Macy Ladd in memory of her father, is a private nonprofit foundation headquartered at 44 East 64th Street, New York, NY. It is the only national foundation solely dedicated to improving health professions education, operating in the United States across three stated priority areas: (1) Promoting Diversity, Equity, and Belonging; (2) Increasing Collaboration Among Future Health Professionals; and (3) Preparing Future Health Professionals to Navigate Ethical Dilemmas. The Foundation does not sell products or services; instead, it disburses grants from an endowment and investment returns to medical schools, nursing schools, and health professions education institutions. Its core offerings include the Macy Faculty Scholars Program (career development for educational innovators), the Catalyst Awards for Transformation in Graduate Medical Education (in partnership with ACGME), the AI in Medical Education Grants Program, the Disability Inclusion in Nursing Grants Program (in partnership with Robert Wood Johnson Foundation), the Ensuring Fairness in Medical Education Assessment Grants Program, and the Macy Conferences series, which develops consensus recommendations for the field.

The Foundation transitioned from open-call grantmaking to a solicited RFA-based approach in 2024, designing specific initiatives aligned with its three priority areas and inviting targeted institutions to apply. Marketing and distribution occurs through the Foundation's website (macyfoundation.org), the Macy Notes blog, email newsletters, webinars, annual Macy Conferences, and publicly available annual reports. Named grantees include McGovern Medical School at UT Health, University of Utah, University of Chicago Pritzker School of Medicine, Boston University School of Medicine, Duke University School of Nursing, and DiverseMedicine/Black Men In White Coats.

The Foundation is governed by a Board of Directors and underwent a presidential succession in 2025 following the death of Holly J. Humphrey, MD, MACP in April 2025; Peter Goodwin, MBA served as Interim President and Treasurer, and Kimberly D. Lomis, MD, FACS was named as the new President. Board composition has also been refreshed, with new directors joining and several long-serving members departing. As a private nonprofit, the Foundation does not disclose revenue figures, and no parent company, subsidiaries, or M&A activity are present.

Name

Josiah Macy Jr. Foundation

Legal name

Josiah Macy Jr. Foundation

Website

https://macyfoundation.org

Company type

Private

Founded year

1930

Operating status

Operating

Headcount range

11–50 employees

Short description

The Josiah Macy Jr. Foundation, founded in 1930, is a private nonprofit foundation and the only national foundation solely dedicated to improving health professions education. It funds medical schools, nursing schools, and health professions institutions through grants, conferences, and the Macy Faculty Scholars program.

Ownership category

akta.pro rank

Product category

Philanthropic Grantmaking for Health Education

NAICS

Grantmaking Foundations (813211), Grantmaking and Giving Services (8132)

SIC

Services-Educational Services (8200)

akta.pro primary industry

Health & Medical Research Grantmaking Foundations (BPAGAKAL)

akta.pro secondary industries

Education Grantmaking Foundations (BPAGAKAK), Foundation/NGO & Philanthropic Scholarships (EDAIAOAH), Research & Science Grantmaking Foundations (BPAGAKAI)

Keywords

• Health professions education
• Grantmaking foundation
• Medical education grants
• Faculty development programs
• Healthcare convening

Headquarters

HQ city

New York

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Others, Marketing or Sales

Revenue model

1. Philanthropic Grantmaking: The Foundation funds innovative projects that advance the education and training of health professionals through grants awarded to medical schools, nursing schools, and health professions education institutions. Revenue comes from the Foundation's endowment and investment returns.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels6 records

Core offering

The Josiah Macy Jr. Foundation funds innovative projects that advance the education and training of health professionals by awarding grants to medical schools, nursing schools, and other health professions education institutions. It also supports the careers of educational innovators through the Macy Faculty Scholars program and convenes stakeholders via Macy Conferences to develop consensus recommendations for the field.

Product overview

The Josiah Macy Jr. Foundation is a charitable foundation solely dedicated to improving health professions education. Rather than a unified technology product, the Foundation operates a portfolio of grant programs and conference initiatives. The core offerings include: the Macy Faculty Scholars Program for supporting educational innovators; the Catalyst Awards for Transformation in GME partnered with ACGME; AI in Medical Education Grants; Disability Inclusion in Nursing Grants (in partnership with Robert Wood Johnson Foundation); Fairness in Medical Education Assessment Grants; and the Macy Conferences series. These programs focus on three priority areas: promoting diversity, equity, and belonging; increasing collaboration among future health professionals; and preparing future health professionals to navigate ethical dilemmas.

Differentiator

Problem solved

Functional benefit

Brands

• Macy Faculty Scholars Program: A career development award supporting promising educational innovators in medicine and nursing
• Catalyst Awards for Transformation in Graduate Medical Education

Products and services

• Macy Faculty Scholars Program A career development program that supports the careers of promising educational innovators in medicine and nursing through mentorship, networking, and funding. Targeted at individual faculty members in U.S. medical and nursing schools.
• Catalyst Awards for Transformation in Graduate Medical Education A grants program supporting innovative projects that facilitate positive changes in the clinical learning environment for medical residents and fellows, partnered with ACGME. Provides selected projects up to $100K over 18 months.
• AI in Medical Education Grants Program A grants program supporting demonstration projects exploring the use of AI to enhance medical education and prepare physicians to use AI to improve patient care. Provides up to $200K over two years for three demonstration projects.
• Disability Inclusion in Nursing Grants Program A partnership with Robert Wood Johnson Foundation supporting institutions to explore ways to dismantle barriers for nursing learners with disabilities. $1.2 million program funding six institutions over two to three years.
• Ensuring Fairness in Medical Education Assessment Grants A grants program focused on designing, implementing, and evaluating innovative learner assessment programs that ensure fairness for physicians and nurses in training.
• Macy Conferences Annual conferences bringing together technology experts, medical educators, and stakeholders to develop consensus recommendations for health professions education.

Quantifiable outcome

• Over 400 students participating in ICARE program per year at McGovern Medical School
• +2 more outcomes

Named customers6 records

Segments1 record

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Five partnerships are on record, tiered flagship and core.

• University of Chicago Pritzker School of MedicineflagshipOthers · 1 October 2024Received a $1.95M gift from the Macy Foundation board in honor of Dr. Holly J. Humphrey to establish a medical education scholarship and transition-to-residency fund for students with demonstrated financial need.
• Kaiser Permanente Bernard J. Tyson School of MedicineflagshipOthers · 1 October 2024Received a $50K gift to support the annual Holly J. Humphrey Distinguished Lectureship in Medical Education, where Dr. Humphrey was Chair of the Board of Directors.
• Robert Wood Johnson FoundationcoreStrategic or Co-development Partner · 1 January 2024Partnership on the Disability Inclusion in Nursing grant program. The $1.2 million grant program explores ways to dismantle barriers for nursing learners with disabilities. Six institutions received funding as part of this two- to three-year initiative.
• Accreditation Council for Graduate Medical Education (ACGME)coreStrategic or Co-development Partner · 1 January 2024Partnership on the Catalyst Awards for Transformation in Graduate Medical Education. ACGME provides selected projects up to $100K over 18 months. The partnership strengthens the initiative and provides awardees with professional resources and opportunities to improve clinical learning environments.
• American Association of Medical Colleges (AAMC)coreStrategic or Co-development Partner · 1 January 2024Jointly sponsored webinar series with AAMC on AI in Medical Education. The AI conference recommendations were also featured in a jointly sponsored webinar series with the AAMC.

Scale indicators6 records

Recent moves6 records

Expansion highlights4 records

Direct peers

• American Nurses Foundation: The philanthropic arm of the American Nurses Association funding nursing research, leadership, and education. Comparable as a peer grantmaker explicitly supporting nursing education and the nursing workforce pipeline.
• The Commonwealth Fund: A national health-focused foundation supporting health-professional training, primary care, and equity initiatives. Comparable as a peer grantmaker targeting U.S. health system improvement, with overlapping grantee networks in academic medicine.
• American Medical Association Foundation: Philanthropic arm of the AMA funding medical education, student scholarships, and physician workforce initiatives. Closely comparable mission in supporting medical education innovation and medical students.
• Robert Wood Johnson Foundation: One of the largest U.S. health-focused foundations, with deep investments in health workforce, equity, and nursing. Directly comparable as a co-funder of Macy's Disability Inclusion in Nursing program and a peer in funding health-professions-education innovation.

Emerging players

• Arnold P. Gold Foundation: A foundation dedicated to humanism in medicine, funding medical education, residency training, and faculty development. Comparable as a smaller, mission-aligned peer focused specifically on medical-education culture and ethics.

Broad incumbents

• W.K. Kellogg Foundation: A large, broad-scope foundation funding health equity, education, and workforce, including significant health-professions-education work. Comparable as a larger incumbent with overlapping priorities in equity and clinical workforce diversity.
• Bill & Melinda Gates Foundation: A massive global foundation with growing investments in U.S. and global health workforce, including medical and nursing education. Comparable as a broad incumbent whose health-professions work increasingly overlaps with Macy's priorities.

Others

• Accreditation Council for Graduate Medical Education (ACGME): The national accreditor for U.S. graduate medical education programs. Comparable as a Macy co-development partner on the Catalyst Awards for Transformation in GME and a structural participant in the same medical-education ecosystem.
• National Academy of Medicine: An advisory body producing consensus reports on health workforce, education, and policy. Comparable as an adjacent thought-leadership institution influencing the same health-professions-education reform agenda Macy funds.
• American Association of Medical Colleges (AAMC): The national association representing U.S. medical schools and teaching hospitals. Comparable as a Macy joint sponsor of the AI in Medical Education webinar series and a key convener of the medical-education community Macy serves.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xx.com/macyfoundation
• LinkedInlinkedin.com/company/josiah-macy-jr--foundation

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Funding overview

Funding rounds

Investors

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M&A

Investments

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Frequently asked questions about Josiah Macy Jr. Foundation