PLATINUM2023

NATIONAL MEDICAL FELLOWSHIPS INC

Diversifying Health Care - Transforming Lives

Alexandria, VA   |  www.nmfonline.org
GuideStar Charity Check

NATIONAL MEDICAL FELLOWSHIPS INC

EIN: 01-0963657


Mission

NMF's mission is to provide scholarships and support for underrepresented minority students in medicine and the health professions. NMF's goal is to identify and nurture tomorrow's diverse health care leaders, who will have the knowledge, skills, cultural competency and commitment to achieve health equity.

Notes from the nonprofit

National Medical Fellowships (NMF) is disrupting systemic and structural barriers to achieve lasting health equity. By providing access to scholarships, mentorship, and career development opportunities to students of color, NMF is nurturing health care, clinical research, and behavioral health leaders who are laser-focused on eliminating preventable health disparities. NMF scholars and alumni visionaries are at the forefront of thought leadership and the fight to deliver the highest quality of care to communities of color because everyone deserves the care they need to survive, thrive, and live long, fulfilling lives.

Ruling year info

2010

President & CEO

Michellene Davis Esq.

Main address

1199 North Fairfax Street Suite 600

Alexandria, VA 22314 USA

Show more contact info

EIN

01-0963657

Subject area info

Education

Philanthropy

Foundations

Population served info

Ethnic and racial groups

Economically disadvantaged people

NTEE code info

Public Foundations (T30)

Philanthropy / Charity / Voluntarism Promotion (General) (T50)

IRS subsection

501(c)(3) Public Charity

IRS filing requirement

This organization is required to file an IRS Form 990 or 990-EZ.

Tax forms

Communication

Blog

What we aim to solve

SOURCE: Self-reported by organization

National Medical Fellowships (NMF) is a nonprofit organization that advances health equity where everyone has a fair and just opportunity to achieve their highest level of health regardless of race, ethnicity, disability, sexual orientation, gender identity, socioeconomic status, or geography. Founded in 1946, NMF seeks to eliminate health care disparities by increasing the number of Black, Indigenous, Latine, People of Color physicians and other health care professionals working to advance health equity. NMF has awarded over $50 million in scholarships, and offers service-learning programs, mentorship opportunities, and clinical research leadership training for chronically marginalized students and practitioners of medicine, behavioral health, and related health professions. To learn more about National Medical Fellowships, visit nmfonline.org.

Our programs

SOURCE: Self-reported by organization

What are the organization's current programs, how do they measure success, and who do the programs serve?

Emergency Scholarship Fund

Emergency Scholarship Fund provides financial assistance to medical students facing unexpected financial hardships that threaten their graduation and their careers as physician-leaders.

Population(s) Served
Ethnic and racial groups

NMF Primary Care Leadership Program provides medical, nursing, and physician assistant students with an opportunity to experience the challenges and rewards of primary care practice in community health centers across the US. This program is open to who are poised to become leaders in primary care.

Population(s) Served

The National Medical Fellowships Diversity in Clinical Trials Research program (NMF Dctr) seeks to increase the number of clinicians underrepresented in medicine (URM) who serve as Principal Investigators (PIs), as part of the strategy to increase patient diversity in clinical research trials. The mission of the NMF Dctr program is to increase underrepresented patient engagement and participation in clinical research to ensure that treatment and preventative regimens are thoroughly investigated across all populations.

A collaborative effort of sponsoring organizations, Johnson & Johnson Innovative Medicine, Merck, AstraZeneca, and Genentech the NMF Dctr program is a comprehensive program that features a didactic curriculum to provide physicians with the core knowledge, skills and competencies to engage in clinical trial activities and post-training support (including mentoring and networking) to bridge the gap between training and practice.

Population(s) Served

The ALLIANT scholarship, established in 2018, has transitioned to become a service-learning program in 2023. Scholars have the opportunity to complete a mentored research paper focused on a health care issue of their choice, with the goal of improving or extending life, or of healing on a community, national or global level. Potential areas for investigation may include: community health, maternal and fetal morbidity and mortality, aging, Alzheimers or related dementias, vascular or cardiac disease, renal disease, lung disease, etc.

This program provides a $7,000 scholarship to two underrepresented students of medicine enrolled in an accredited medical program in the following U.S. States: Alabama, Florida, Georgia, Kentucky, Louisiana, Mississippi, North Carolina, South Carolina, Tennessee, or Texas.

Population(s) Served
Ethnic and racial groups

Established in 2022 through the generous support of the Brave of Heart Fund, the NMF Health Equity Leaders Program provides underrepresented in health care, medical, and allied health students with opportunities to explore health equity service, scholarship, leadership, and advocacy.

Population(s) Served

Established in 2022, Food Allergy Research and Education (FARE), has partnered with NMF to develop the FARE Health Equity Scholars Program. This program is designed to provide students from underrepresented backgrounds with opportunities to deeply engage in food allergy research to build the pathway of diverse physicians and researchers who are committed to investigating, evaluating, and addressing the socioeconomic factors that impact health care access for food allergy patients.

The goal of the program is to increase the pathway of diverse physicians and researchers interested in becoming future leaders by developing a cohort of aspiring diverse MPH, MD, DO, MD/PhD, and DO/PhDs with training and mentoring in clinical and community-driven research as well as exposure to the clinical practices and challenges that impact food allergy patient care.

Population(s) Served

Established in 2021, Johnson & Johnson has partnered with NMF to develop the Alliance for Inclusion in Medicine Scholarship Program. This is an innovative, three-year service-learning program designed to expose high performing underrepresented in medicine medical students with analytical skill sets that will prepare them to become future clinician and research leaders. In addition, the program will expose students to various functions within the pharmaceutical, medical devices and health care industries where physicians play a key role.

This program offers a scholarship award to second-year MD, MD/PhD, DO, DO/PhD students. Award amounts are $5,000 in year one and $10,000 in year two and three of the program.

Population(s) Served

Established in 2013, the United Health Foundation (UHF) has partnered with National Medical Fellowships (NMF) to offer the Diverse Medical Scholars Program.

This is a service-learning program designed to increase the number of qualified medical providers who have a commitment to improving access to quality healthcare in medically underserved communities. This program is a renewable opportunity through 2025 that provides a $7,000 award to qualified medical students. Selected Scholars will be enrolled in a medical school for the 2023-2024 academic year located in the U.S., identify as a student underrepresented in medicine, and have demonstrated leadership and a commitment to underserved communities. All Scholars are required to complete a 200-hour self-directed community health project with a community site of their choice.

Population(s) Served

United Health Foundation/NMF Diverse Medical Scholars Program awards 30 qualified underrepresented minority medical students who exhibit leadership and community commitment to conduct a self-directed community health project in a targeted medically underserved community.

Population(s) Served
Ethnic and racial groups

Established to help address the rising costs of obtaining a medical degree, this need-based scholarship will provide a $10,000 award to third- or fourth-year students underrepresented in medicine who are enrolled in a U.S. accredited (MD/DO) program. Applicants must demonstrate their financial need by submitting their financial aid information, student aid report, and any other appropriate financial documents for consideration. Applicants must also comment on how this scholarship would help to relieve the burden of tuition and living expenses, as well as advance their professional development.

Population(s) Served

Where we work

Affiliations & memberships

Crains New York Business Excellence 2023 Excellence in Diversity & Inclusion Award 2023

Our results

SOURCE: Self-reported by organization

How does this organization measure their results? It's a hard question but an important one.

Number of students who receive scholarship funds and/or tuition assistance

This metric is no longer tracked.
Totals By Year
Type of Metric

Output - describing our activities and reach

Direction of Success

Increasing

Context Notes

Number of individuals receiving NMF scholarships (333) and service-learning awards (195)

Total dollar amount of scholarship awarded

This metric is no longer tracked.
Totals By Year
Type of Metric

Output - describing our activities and reach

Direction of Success

Increasing

Goals & Strategy

SOURCE: Self-reported by organization

Learn about the organization's key goals, strategies, capabilities, and progress.

Charting impact

Four powerful questions that require reflection about what really matters - results.

Break down barriers for students of color providing well-deserved scholarships, support, and career enhancing opportunities to become medical, clinical research, and behavioral health leaders.

Offer mentorship and resources to students and alumni, supporting them as they deliver equitable care with cultural empathy and informed by their lived experience.

Lead national thought leadership and develops strong partnerships, collaborating with medical schools, health care delivery entities, and corporations in all sectors to tear down the barriers ingrained in the current health care, clinical research, and behavioral health care systems.

Build an Endowment to Expand Scholarships and Secure a Sustainable Future
Through an enhanced fundraising program, NMF will build an endowment of $25 million to function as a reliable source of income for its work in perpetuity and dramatically increase the size and number of scholarships offered annually.

Advance Thought Leadership
NMF will embrace its 75-year legacy of advancing health equity and rise to its rightful position of influence by engaging in, contributing to, and leading the national conversation to end the systemic and structural racism that drives health inequity for communities of color.

Engage in Impactful Policy Partnerships
To disrupt the proliferation of racial disparities in health care, NMF will develop an expansive coalition of partners to advance programs and policies in the private and public sectors, within organizations and industries, and at the local, state, and national levels.

Diversify Clinical Research
NMF will provide an onramp for physicians and students underrepresented in medicine to become clinical investigators and lead community-oriented research. Through innovative programs that offer clinical research career pathways, professional development, and mentoring, NMF will diversify the investigators and participants in clinical research. Such change will ensure resulting therapeutics and disease prevention efforts have greater efficacy across all populations.

Launch a Robust Mentorship Network
NMF will build a formal mentorship program to make it easier for alumni and students to connect, receive support, and learn from each other. Mentorship and networking bolster career advancement and professional resiliency, which are especially important for those underrepresented in medicine.

Expand Focus on Behavioral Health and Wellbeing
To address exponentially growing demand within BIPOC communities for behavioral health care access, NMF will work to enhance the pathway of BIPOC behavioral health specialists. This will ensure that trauma-informed care delivered by professionals who share common experiences and have the cultural sensitivity to guide patients through the journey of healing is more readily available to communities subjected to ongoing racial trauma. NMF also will deliver racial trauma-informed supports to its scholars and alumni who endure the individual, structural, and systemic racism endemic to society and prevalent in medicine today.

Develop a Strong and Comprehensive Student Pathway
NMF will play a leading role in rapidly expanding the pathway of secondary and college students who seek health care as a career path, responding to the predicted physician shortage that will come in just a decade and the present-day crisis of underrepresented BIPOC individuals in medicine. NMF seeks to prevent a further shortfall of diverse health care professionals as underrepresentation most acutely impacts BIPOC communities who need access to culturally competent health care.

National Medical Fellowships has been doing this work since its founding in 1946. With a professional team of more than 25, and a committed board, NMF has been working to diversify health care and clinical research. Building upon the collaborative work done to prepare NMFs strategic framework, board and management completed an organizational assessment and restructuring to improve capacity to recruit top talent and leadership. Not only has NMFs team grown and deepened its skills and capacity, but also the NMF Board of Directors now includes global and national multi-sector industry leaders steering the organization. NMF also initiated a Global Advisory Council in 2022 to assist its international engagement.

Building upon the collaborative work done to prepare NMFs strategic framework, board and management completed an organizational assessment and restructuring to improve capacity to recruit top talent and leadership. Not only has NMFs team grown and deepened its skills and capacity, but also the NMF Board of Directors now includes global and national multi-sector industry leaders steering the organization. NMF also initiated a Global Advisory Council in 2022 to assist its international engagement.

In service of its scholars, NMF awarded more than $2.3 million in need-based, emergency, and merit scholarships (direct financial assistance not tied to other programs). The organization also seeded new service-learning programs, including the ALLIANT Health Solutions/NMF Research Program, the Food Allergy Research and Education Diversity Scholars Program, and the Health Equity Leaders Program. With investment from the Brave of Heart Fund, planning is underway for a Health Equity Institute to build research partnerships and develop infrastructure and systems to support research activities. NMF also has continued to grow its Diversity in Clinical Trials Research program, in partnership with Johnson & Johnson, Merck, and AstraZeneca.

2022 was a record-breaking year for philanthropy, ushered in by a $12 million gift from MacKenzie Scott. NMF also secured more than $1,035,000 in gifts at its 75th anniversary gala, the organizations first national event held in Miami, Florida in November.

Communications and alumni engagement efforts were also robust, including the launching a new website, building an enhanced social media presence, revisioning and launching the Alumni Alliance with new leadership, offering new programming for alumni, and engaging in the national and global health justice discourses. NMF has been proudly covered by noted publications such as Afrotech, Essence, Yahoo! Finance, Beckers Hospital Review, and Modern Healthcare.

Looking forward, NMF has a hopeful future with an ambitious agenda. To raise brand awareness and expand its reach, NMF has undertaken a comprehensive rebranding. The team will work to grow the scale and scope of organizational partnerships and diversify its funding portfolio. Moreover, NMF will engage in innovative thought leadership efforts to advance impactful policy. It will also revamp its scholarship and service-learning application processes by removing unnecessary structural barriers and expanding the use of technology to facilitate scholar onboarding and to create a deeper sense of community. Additionally, through collaboration, NMF will forge the pathway for future clinicians by reaching them earlier in their academic careers. NMF will also introduce more Emerging Investigators to Research and Development career pathways and enhance its educational resources and post-development training in clinical research.

How we listen

SOURCE: Self-reported by organization

Seeking feedback from people served makes programs more responsive and effective. Here’s how this organization is listening.

done We shared information about our current feedback practices.
  • How is your organization using feedback from the people you serve?

    To identify bright spots and enhance positive service experiences, To make fundamental changes to our programs and/or operations, To inform the development of new programs/projects

  • Which of the following feedback practices does your organization routinely carry out?

    We take steps to get feedback from marginalized or under-represented people, We act on the feedback we receive

  • What challenges does the organization face when collecting feedback?

Financials

NATIONAL MEDICAL FELLOWSHIPS INC
Fiscal year: Jan 01 - Dec 31

Revenue vs. expenses:  breakdown

SOURCE: IRS Form 990 info
NET GAIN/LOSS:    in 
Note: When component data are not available, the graph displays the total Revenue and/or Expense values.

Liquidity in 2022 info

SOURCE: IRS Form 990

5.33

Average of 4.05 over 10 years

Months of cash in 2022 info

SOURCE: IRS Form 990

23.1

Average of 8.5 over 10 years

Fringe rate in 2022 info

SOURCE: IRS Form 990

17%

Average of 14% over 10 years

Funding sources info

Source: IRS Form 990

Assets & liabilities info

Source: IRS Form 990

Financial data

SOURCE: IRS Form 990

NATIONAL MEDICAL FELLOWSHIPS INC

Revenue & expenses

Fiscal Year: Jan 01 - Dec 31

SOURCE: IRS Form 990 info

Fiscal year ending: cloud_download Download Data

NATIONAL MEDICAL FELLOWSHIPS INC

Balance sheet

Fiscal Year: Jan 01 - Dec 31

SOURCE: IRS Form 990 info

The balance sheet gives a snapshot of the financial health of an organization at a particular point in time. An organization's total assets should generally exceed its total liabilities, or it cannot survive long, but the types of assets and liabilities must also be considered. For instance, an organization's current assets (cash, receivables, securities, etc.) should be sufficient to cover its current liabilities (payables, deferred revenue, current year loan, and note payments). Otherwise, the organization may face solvency problems. On the other hand, an organization whose cash and equivalents greatly exceed its current liabilities might not be putting its money to best use.

Fiscal year ending: cloud_download Download Data

NATIONAL MEDICAL FELLOWSHIPS INC

Financial trends analysis Glossary & formula definitions

Fiscal Year: Jan 01 - Dec 31

SOURCE: IRS Form 990 info

This snapshot of NATIONAL MEDICAL FELLOWSHIPS INC’s financial trends applies Nonprofit Finance Fund® analysis to data hosted by GuideStar. While it highlights the data that matter most, remember that context is key – numbers only tell part of any story.

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Business model indicators

Profitability info 2018 2019 2020 2021 2022
Unrestricted surplus (deficit) before depreciation $111,350 $26,715 $496,321 $2,025,656 $9,113,844
As % of expenses 2.8% 0.7% 13.8% 46.3% 117.3%
Unrestricted surplus (deficit) after depreciation $97,090 $6,062 $448,394 $2,015,885 $9,103,661
As % of expenses 2.5% 0.2% 12.3% 46.0% 117.0%
Revenue composition info
Total revenue (unrestricted & restricted) $3,628,663 $5,565,523 $3,575,737 $5,946,697 $17,808,122
Total revenue, % change over prior year 7.6% 53.4% -35.8% 66.3% 199.5%
Program services revenue 0.0% 0.0% 0.0% 0.0% 0.0%
Membership dues 0.0% 0.0% 0.0% 0.0% 0.0%
Investment income 0.2% 0.3% 0.4% 0.5% 0.1%
Government grants 0.0% 0.0% 0.0% 2.9% 0.0%
All other grants and contributions 99.8% 99.7% 99.8% 96.0% 100.0%
Other revenue 0.0% 0.0% -0.2% 0.6% 0.0%
Expense composition info
Total expenses before depreciation $3,943,097 $3,825,073 $3,603,764 $4,375,050 $7,770,451
Total expenses, % change over prior year 8.1% -3.0% -5.8% 21.4% 77.6%
Personnel 36.1% 40.0% 32.0% 39.3% 32.6%
Professional fees 8.6% 12.3% 14.4% 10.7% 18.3%
Occupancy 3.5% 2.1% 2.4% 1.4% 1.1%
Interest 0.0% 0.0% 0.0% 0.0% 0.0%
Pass-through 27.3% 23.9% 33.0% 41.2% 39.2%
All other expenses 24.5% 21.7% 18.2% 7.4% 8.7%
Full cost components (estimated) info 2018 2019 2020 2021 2022
Total expenses (after depreciation) $3,957,357 $3,845,726 $3,651,691 $4,384,821 $7,780,634
One month of savings $328,591 $318,756 $300,314 $364,588 $647,538
Debt principal payment $0 $0 $0 $173,863 $0
Fixed asset additions $0 $82,821 $0 $13,890 $12,292
Total full costs (estimated) $4,285,948 $4,247,303 $3,952,005 $4,937,162 $8,440,464

Capital structure indicators

Liquidity info 2018 2019 2020 2021 2022
Months of cash 0.4 3.0 7.1 11.6 23.1
Months of cash and investments 1.6 4.9 10.0 15.2 24.2
Months of estimated liquid unrestricted net assets 0.5 0.3 2.1 7.2 17.1
Balance sheet composition info 2018 2019 2020 2021 2022
Cash $145,991 $964,406 $2,125,372 $4,233,814 $14,959,527
Investments $385,403 $586,512 $868,715 $1,305,919 $733,769
Receivables $1,148,405 $1,744,839 $1,306,097 $1,657,966 $662,895
Gross land, buildings, equipment (LBE) $155,309 $238,129 $163,956 $56,525 $68,816
Accumulated depreciation (as a % of LBE) 76.7% 58.7% 90.4% 64.8% 68.0%
Liabilities (as a % of assets) 37.6% 20.9% 37.6% 39.0% 17.4%
Unrestricted net assets $190,743 $196,805 $645,199 $2,661,084 $11,089,617
Temporarily restricted net assets $1,181,761 N/A N/A N/A N/A
Permanently restricted net assets $48,014 N/A N/A N/A N/A
Total restricted net assets $1,229,775 $2,985,394 $2,463,870 $1,985,956 $2,849,397
Total net assets $1,420,518 $3,182,199 $3,109,069 $4,647,040 $13,939,014

Key data checks

Key data checks info 2018 2019 2020 2021 2022
Material data errors No No No No No

Operations

The people, governance practices, and partners that make the organization tick.

Documents
Form 1023/1024 is not available for this organization

President & CEO

Michellene Davis Esq.

Michellene Davis is the National Medical Fellowships, Inc. (NMF) President and Chief Executive Officer. Davis is among Becker's Black Healthcare Leaders to Know in 2023, Modern Healthcare magazines Top 25 Most Influential Minority Leaders in Healthcare and 75 Black Healthcare Leaders to Know 2022. Davis also founded the Social Impact and Community Investment, an equity-centered, policy-led community health practice addressing health's social and political determinants. Serving under former New Jersey Governor Jon S. Corzine, was the first African American in state history to serve as Chief Policy Counsel and the first African American and the second woman to serve as New Jersey State Treasurer. Ms. Davis began her legal career as a trial litigator, is an Honors graduate of Seton Hall University, and holds a Juris Doctorate from Seton Hall School of Law.

Number of employees

Source: IRS Form 990

NATIONAL MEDICAL FELLOWSHIPS INC

Officers, directors, trustees, and key employees

SOURCE: IRS Form 990

Compensation
Other
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Compensation data
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NATIONAL MEDICAL FELLOWSHIPS INC

Highest paid employees

SOURCE: IRS Form 990

Compensation
Other
Related
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Compensation data
Download up to 5 most recent years of highest paid employee data for this organization

NATIONAL MEDICAL FELLOWSHIPS INC

Board of directors
as of 01/12/2024
SOURCE: Self-reported by organization
Board of directors data
Download the most recent year of board of directors data for this organization
Board chair

Dr. Sandra B. Nichols, MD, FAAFP, MHCDS, MS

Retired

Term: 2018 -

Bryan P. Baugh, MD

Johnson & Johnson Innovative Medicine

Cedric M. Bright

University of North Carolina School of Medicine at Chapel Hill

Darrell G. Kirch

Association of American Medical Colleges

Pamela T. Miller

Summit Global Strategies, Ltd.

Calvin Wheeler, MD

Kaiser Permanente Bernard J. Tyson School of Medicine

Larry Harrison

Children's Hopsital Los Angeles Medical Group

Carmen Sachiko Villar

Gilead Sciences

Jennifer Schlener

AAMC

Efrain Talamantes, MD, MBA, MSc, FACP

AltaMed

Michellene Davis

NMF

Kweku Awotwi, MBA, DSc

United Bank of Africa

Gary Butts, MD

Mt. Sinai Health System

The Hon. Jon Corzine

JDC-JSC Opportunity Fund

Anne Estabrook

Elberon Development Group

Aisha Glover, MPA

Audible

Board leadership practices

SOURCE: Self-reported by organization

GuideStar worked with BoardSource, the national leader in nonprofit board leadership and governance, to create this section.

  • Board orientation and education
    Does the board conduct a formal orientation for new board members and require all board members to sign a written agreement regarding their roles, responsibilities, and expectations? Yes
  • CEO oversight
    Has the board conducted a formal, written assessment of the chief executive within the past year ? Yes
  • Ethics and transparency
    Have the board and senior staff reviewed the conflict-of-interest policy and completed and signed disclosure statements in the past year? Yes
  • Board composition
    Does the board ensure an inclusive board member recruitment process that results in diversity of thought and leadership? Yes
  • Board performance
    Has the board conducted a formal, written self-assessment of its performance within the past three years? Yes

Organizational demographics

SOURCE: Self-reported; last updated 1/12/2024

Who works and leads organizations that serve our diverse communities? Candid partnered with CHANGE Philanthropy on this demographic section.

Leadership

The organization's leader identifies as:

Race & ethnicity
Black/African American
Gender identity
Female, Not transgender
Sexual orientation
Decline to state
Disability status
Decline to state

Race & ethnicity

Gender identity

Transgender Identity

Sexual orientation

No data

Disability

No data

Equity strategies

Last updated: 01/11/2024

GuideStar partnered with Equity in the Center - an organization that works to shift mindsets, practices, and systems to increase racial equity - to create this section. Learn more

Data
  • We disaggregate data to adjust programming goals to keep pace with changing needs of the communities we support.
  • We employ non-traditional ways of gathering feedback on programs and trainings, which may include interviews, roundtables, and external reviews with/by community stakeholders.
Policies and processes
  • We use a vetting process to identify vendors and partners that share our commitment to race equity.
  • We seek individuals from various race backgrounds for board and executive director/CEO positions within our organization.
  • We have community representation at the board level, either on the board itself or through a community advisory board.
  • We help senior leadership understand how to be inclusive leaders with learning approaches that emphasize reflection, iteration, and adaptability.
  • We engage everyone, from the board to staff levels of the organization, in race equity work and ensure that individuals understand their roles in creating culture such that one’s race identity has no influence on how they fare within the organization.

Contractors

Fiscal year ending

Professional fundraisers

Fiscal year ending

SOURCE: IRS Form 990 Schedule G

Solicitation activities
Gross receipts from fundraising
Retained by organization
Paid to fundraiser