AMA Foundation

The AMA Board of Trustees chartered the AMA Education Foundation (AMA-EF) to raise and disseminate funds in support of medical schools to help relieve budget deficits and aid in resource development. The AMA Education Foundation changed its name to the AMA Education and Research Foundation (AMA-ERF) to also support desperately needed medical resear... ch. The AMA-ERF established the Student Loan Guarantee Program to assist medical students, interns, and residents with low cost loans. Over $95 million was dispersed during the 18-year lifetime of this program. By 1963, one in seven trainees had been assisted by this program. The AMA-ERF was reorganized and renamed the AMA Foundation to acknowledge the holistic role the AMA Foundation plays in the lives of physicians and the communities they serve. One year later, the AMA Foundation formed its own separate Board of Directors. The AMA Foundation awards the first Physicians of Tomorrow Scholarship, continuing its legacy of supporting medical students. To date, more than $110 million has been awarded to deserving medical students throughout the country. We know accountability is key to a successful organization. Accountability is biphasic: members must be honest with themselves, internally and must collectively support the mission of the AMA Foundation, externally. We do this through open and respectful debate. We strive to maintain transparency in our decision-making, financial operations, and communications among board members, the staff, AMA, donors, awardees, and the public. Creating a culture of trust enhances our work and assures all stakeholders. We value open-mindedness and creativity to adapt to short-term challenges while exploring innovative opportunities for long-term success. We are a team consisting of board and staff. We achieve our mission with the teamwork of active and engaged stakeholders. With this synergy of talent and energy, we bring together physicians and communities to improve our nations health. We acknowledge and appreciate our donors ...Read More