AMA Foundation

What AMA Foundation does

AMA Foundation is a nonprofit philanthropic organization founded in 1950 and headquartered in Chicago, Illinois. It operates as the philanthropic arm of the American Medical Association (AMA) and runs programs across three impact areas: supporting physicians (Excellence in Medicine Awards, Disaster Recovery), advancing medical education (Leadership Development Institute, Physicians of Tomorrow scholarships of $10,000 each), and promoting optimal health outcomes (LGBTQ+ Health Program, Health Acceleration Fund). Its primary beneficiaries are final-year medical students, practicing physicians, and healthcare communities affected by health disparities.

The foundation funds these programs through donations, corporate sponsorships, and partnerships. It distributes scholarships, awards, fellowships, and disaster-recovery support through an application-based process managed via its website (amafoundation.org). Marketing and outreach rely on the website, an email newsletter, an Instagram social channel, and on-site presence at AMA events such as the AMA Annual Meeting and the Interim Meeting of the House of Delegates. Leadership is provided by a volunteer board of directors, currently chaired by Board President Jeremy A. Lazarus, MD, with Thomas J. Madejski, MD among board members engaged in health equity work.

AMA Foundation is not a technology company and does not develop or sell software products. Its technology footprint is limited to standard nonprofit web operations: a Squarespace-hosted website that is partially conformant with WCAG 2.1 Level AA accessibility standards, and a DMCA-registered designated copyright agent. Headcount is in the 11–50 employee range, consistent with a small nonprofit operating national programs in partnership with the larger AMA organization.

Name

AMA Foundation

Legal name

AMA Foundation

Website

https://amafoundation.org

Company type

Private

Founded year

1950

Operating status

Operating

Headcount range

11–50 employees

Short description

AMA Foundation is a Chicago-based nonprofit, founded in 1950, that serves as the philanthropic arm of the American Medical Association. It funds medical student scholarships, physician awards, leadership development, disaster recovery, and health equity programs through donations and corporate sponsorships.

Ownership category

akta.pro rank

Headquarters

HQ city

Chicago

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales

Distribution channels1 record

Marketing channels4 records

Core offering

AMA Foundation provides scholarship, award, fellowship, and leadership development programs for U.S. medical students and physicians. Its programs include the Physicians of Tomorrow $10,000 tuition assistance scholarships, Excellence in Medicine Awards, Leadership Development Institute, LGBTQ+ Health Program, Health Acceleration Fund, and Disaster Recovery support. All programs are offered free of charge to eligible recipients and are funded by donations, grants, and corporate sponsorships.

Product overview

AMA Foundation operates as a nonprofit foundation rather than a technology product company. Its offerings consist of grant programs and initiatives focused on three impact areas: Supporting Physicians (Excellence in Medicine Awards, Disaster Recovery), Advancing Medical Education (Leadership Development Institute, Physicians of Tomorrow scholarships), and Promoting Optimal Health Outcomes (LGBTQ+ Health Program, Health Acceleration Fund). These programs work together to bring together physicians and communities to improve national health through scholarships, leadership development, awards recognition, and health equity initiatives.

Differentiator

Problem solved

Functional benefit

Brands

• Leadership Development Institute (LDI): A program developing physician leadership skills through intensive training and mentorship.
• Physicians of Tomorrow
• Excellence in Medicine Awards
• LGBTQ+ Health Program
• Health Acceleration Fund
• Disaster Recovery

Products and services

• Physicians of Tomorrow Scholarship program providing $10,000 in tuition assistance to exceptional U.S. medical students entering their final year of training. Recipients are selected through an application process on the AMA Foundation website.
• Excellence in Medicine Awards Awards program recognizing physicians and medical students for outstanding contributions to medicine, healthcare leadership, and excellence in medical practice. The 2026 honorees are featured on the AMA Foundation website.
• Leadership Development Institute (LDI) Program developing physician leadership skills through immersive training, mentorship experiences, and a culminating convening weekend. LDI participants are matched with mentors invested in the future of physician leadership.
• LGBTQ+ Health Program Program focused on advancing LGBTQ+ health outcomes and supporting LGBTQ+ physicians through fellowship opportunities. Includes an Annual Convening on LGBTQ+ Health (the 2027 edition scheduled for March 23-24, 2027).
• Health Acceleration Fund Initiative investing in efforts to protect and advance diversity in medical education following the Supreme Court's reversal of affirmative action, supporting restorative strategies for equity in the physician workforce.
• Disaster Recovery Support program providing financial and operational assistance to physicians and their practices affected by natural disasters.

Quantifiable outcome

• Each year, the program awards $10,000 tuition assistance scholarships to exceptional medical students entering their final year of training.

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Three partnerships are on record, tiered core and minor.

• Health Solutions (Corporate Sponsor)coreStrategic or Co-development Partner · 1 January 2025Health Solutions team supports the Physicians of Tomorrow program and helps fund scholarships for medical students. The team participated in Q2 Employee Engagement Day supporting the foundation's scholarship programs.
• American Medical AssociationcoreStrategic or Co-development PartnerThe AMA Foundation is the philanthropic arm of the American Medical Association. The AMA Foundation brings together physicians and communities to improve the nation's health, with programs supporting physicians, promoting optimal health outcomes, and advancing medical education. The AMA Foundation operates as an affiliated organization of the AMA.
• AMA AllianceminorStrategic or Co-development PartnerAMA Alliance is listed as an affiliated organization of the AMA Foundation, working in conjunction with AMA programs.

Recent moves6 records

Expansion highlights4 records

Direct peers

• National Medical Fellowships: National Medical Fellowships provides scholarships and support to medical students from underrepresented backgrounds, directly comparable to AMA Foundation's Physicians of Tomorrow program and Health Acceleration Fund.
• Physicians Foundation: The Physicians Foundation focuses on physician well-being, practice support, and grants to physician-led initiatives, closely paralleling AMA Foundation's disaster recovery, leadership development, and physician recognition programs.
• Josiah Macy Jr. Foundation: Macy Foundation funds projects advancing health professions education and physician leadership development, directly comparable to AMA Foundation's LDI and medical education scholarship programs.
• AMA Alliance: AMA Alliance is the affiliated physician-family organization of the American Medical Association, working alongside AMA Foundation on physician support and community health initiatives.
• ABIM Foundation: ABIM Foundation promotes physician professionalism, quality, and trust in medicine, comparable to AMA Foundation's Excellence in Medicine Awards and physician recognition programs.
• Alpha Omega Alpha Honor Medical Society: AOA recognizes medical student and physician excellence through awards and scholarships, directly paralleling AMA Foundation's Excellence in Medicine Awards and Physicians of Tomorrow scholarships.

Broad incumbents

• Robert Wood Johnson Foundation: RWJF is the largest US health-focused philanthropy, funding health equity, workforce, and physician pipeline programs at much greater scale. It competes for overlapping donor and policy attention but operates across a broader health agenda than AMA Foundation's physician-centric mission.
• American Association of Medical Colleges (AAMC): AAMC represents medical schools and teaching hospitals and runs workforce diversity and medical education programs that overlap with AMA Foundation's medical education and pipeline initiatives.
• American College of Physicians (ACP): ACP is a large internal medicine physician membership organization that runs awards, leadership development, and health policy programs serving a similar physician audience as AMA Foundation.
• American Medical Association: AMA is the parent-affiliated national physician organization that shares membership, branding, and programmatic infrastructure with AMA Foundation; the foundation operates as AMA's philanthropic arm.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat3 records

Key risks3 records

Key highlights6 records

Customer concentration

• Instagraminstagram.com/amafoundation
• Xx.com/amafound
• Facebookfacebook.com/AmericanMedicalAssociationFoundation
• LinkedInlinkedin.com/company/american-medical-association-foundation

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Funding overview

Funding rounds

Investors

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M&A

Investments

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Frequently asked questions about AMA Foundation