EIN 81-3095283

Bako Medical Education Foundation

IRS 501(c) type
501(c)(3)
Num. employees
0
State
Year formed
2016
Most recent tax filings
2023-12-01
NTEE code, primary
Description
The Bako Medical Education Foundation is a private nonprofit organization located in Alpharetta, GA, that primarily funds endowment scholarship funds. It establishes and finances annual scholarship endowments at various universities for students pursuing education in the medical field. Last year, it awarded four grants to institutions, including Des Moines University and others.
Total revenues
$200,000
2023
Total expenses
$185,095
2023
Total assets
$173,017
2023
Num. employees
0
2023

Program areas at Bako Medical Education Foundation

Established and funded annual endowment scholorships funds at separate universities for students pursuing Education in the field of podiatric medicine.
The Foundation provides lodging and travel reimbursements for Medical students participating in a Medical residency program in podiatric dermatology and dermatopathology.

Grants made by Bako Medical Education Foundation

GranteeGrant descriptionAmount
Des Moines UniversityEndowment Scholarship Fund$25,000
Samuel Merritt University (SMU)Endowment Scholarship Fund$25,000

Personnel at Bako Medical Education Foundation

NameTitleCompensation
J David JacobsGencoun and Sec.$5,365
Suzanne E MacCormackChair and Treas.$13,500

Financials for Bako Medical Education Foundation

RevenuesFYE 12/2023
Total grants, contributions, etc.$200,000
Investment income and dividends$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Gross sales of inventory$0
Miscellaneous revenues$0
Total revenues$200,000

Form 990s for Bako Medical Education Foundation

Fiscal year endingDate received by IRSFormPDF link
2023-122024-02-12990PFView PDF
2022-122023-02-15990PFView PDF
2021-122022-02-08990PFView PDF
2020-122021-06-17990PFView PDF
2019-122020-09-15990PRView PDF
...and 3 more Form 990s

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Data update history
November 25, 2023
Posted financials
Added Form 990PF for fiscal year 2021
June 19, 2023
Posted financials
Added Form 990PF for fiscal year 2022
October 30, 2021
Posted financials
Added Form 990PF for fiscal year 2020
September 27, 2021
Updated personnel
Identified 4 new personnel
August 19, 2021
Posted financials
Added Form 990R for fiscal year 2019
Nonprofit Types
Grantmaking organizationsPrivate foundationsPrivate non-operating foundationsCharities
Issues
Education
Characteristics
Provides grantsPartially liquidatedState / local levelTax deductible donationsNo full-time employeesAccepts online donations
General information
Address
6240 Shiloh Rd
Alpharetta, GA 30005
Metro area
Atlanta-Sandy Springs-Alpharetta, GA
County
Forsyth County, GA
Website URL
bmef.org/ 
Phone
(508) 878-7277
IRS details
EIN
81-3095283
Fiscal year end
December
Taxreturn type
Form 990-PF
Year formed
2016
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
T20: Private Foundations
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
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