Faculty Practice Foundation Inc. & Affiliates
Faculty Practice Foundation Inc. & Affiliates reported $588.0 million in revenue and $585.9 million in expenses for the fiscal year ending September 30, 2025. Of every $100 it spent, $80.85 went to program services, $19.15 to management and general costs and $0.00 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 99.0% of the total. The highest compensation it reported for one person was $1,437,390 (PHYSICIAN - ORTHO). 1,188 people received more than $100,000 in reportable compensation. Revenue rose 41% between FY2020 and FY2025. Source: Form 990, FY2025.
Where $100 of spending went
The fiscal year ending September 30, 2025 · Form 990, Part IX, line 25 · total expenses $586MFor context, the median across 2,433 covered unclassified charities: $88.27 programs, $11.68 management, $0.05 fundraising (medians computed separately, so they may not sum to $100).
Where $100 of revenue came from
The fiscal year ending September 30, 2025 · Form 990, Part VIII · total revenue $588MThe 990 scorecard · same measures for every charity, no grades
| Measure | FY2025 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 80.8% | 86.7% |
| Management & general Part IX 25(C) ÷ 25(A) | 19.2% | 11.5% |
| Fundraising Part IX 25(D) ÷ 25(A) | 0.0% | 0.0% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | Not reported | $0.01 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 0.0% | 29.9% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 0.0% | 3.8% |
| Program service revenue share Part VIII 2g ÷ 12 | 99.0% | 58.9% |
| Highest reported compensation Part VII-A, columns D–F | $1,437,390 | $301,601 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 0.25% | 1.38% |
| People paid over $100,000 Part VII, line 2 | 1,188 | 6 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 1.4 | 6.8 |
| Independent voting board members Part VI 1a–1b | 0 of 36 | 100.0% |
A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.
What the money paid for, in its own words
FY2025 · Form 990, Part III · the three largest programs by expenseThe Faculty Practice plans ("the plans") were established as not-for-profit corporations operating exclusively for the benefit of boston medical center and boston university chobanian & avedisian school of medicine. The plans' purpose is to provide, coordinate and facilitate the delivery of patient care services and to promote the development of an integrated system of delivery to more efficiently and effectively meet the health care needs of the communities served by the institutions. The plans provide ambulatory services ranging from primary adult and pediatric care to advanced specialty…
Highest reported compensation
FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| PHYSICIAN - ORTHO Highest compensated employee, 50.00 hrs/week | $1,376,064 | $0 | $61,326 | $1,437,390 |
| PHYSICIAN - ORTHO Highest compensated employee, 50.00 hrs/week | $1,330,643 | $0 | $68,242 | $1,398,885 |
| PROFESSOR/PHYSICIAN - ORTHO Highest compensated employee, 50.00 hrs/week | $1,210,500 | $0 | $130,461 | $1,340,961 |
| PRESIDENT - FPF, PROF/PHYS - ORTHO Highest compensated employee, 22.00 hrs/week | $1,226,917 | $0 | $71,605 | $1,298,522 |
| FORMER PRES/TREAS/DIR-EMF Former, 0.00 hrs/week | $390,193 | $817,091 | $16,695 | $1,223,979 |
| PRESIDENT/DIRECTOR - NEUROSURG Director/trustee, officer, 50.00 hrs/week | $1,028,645 | $0 | $62,630 | $1,091,275 |
| PRES/TREAS/CLERK/DIR - ORTHO Director/trustee, officer, 50.00 hrs/week | $1,007,579 | $0 | $51,535 | $1,059,114 |
| PRES/DIR - OTO Director/trustee, officer, 50.00 hrs/week | $925,330 | $0 | $65,962 | $991,292 |
1,188 people received more than $100,000 in reportable compensation from Faculty Practice Foundation Inc. & Affiliates (Part VII, line 2). Compensation of current officers, directors and key employees totaled $24M (Part IX, line 5).
7 filings since FY2020
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked| Filing | Revenue | Expenses | Programs | Net assets | Top pay |
|---|---|---|---|---|---|
| FY2025 ⓘ | $588M | $586M | 80.8% | $67M | $1,437,390 |
| FY2024 (3 mo.) ⓘ | $138M | $146M | 82.6% | $62M | — |
| FY2024 ⓘ | $535M | $543M | 82.4% | $65M | $1,652,000 |
| FY2023 ⓘ | $498M | $498M | 83.1% | $65M | $1,951,232 |
| FY2022 ⓘ | $458M | $462M | 84.7% | $63M | $1,468,001 |
| FY2021 ⓘ | $410M | $409M | 85.4% | $67M | $1,491,620 |
| FY2020 ⓘ | $418M | $424M | 85.6% | $59M | $1,860,627 |
Governance answers, as filed
FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means- Voting board members, and how many are independent Part VI, lines 1a–1b36 · 0 independent
- Audited financial statements Part XII 2bYes
- Conflict-of-interest policy Part VI 12aYes
- Whistleblower policy Part VI 13Yes
- Document retention policy Part VI 14Yes
- Independent process for top executive pay Part VI 15aYes
- Board given the 990 before filing Part VI 11aYes
- Family or business ties among insiders Part VI 2Yes
- Aware of a significant diversion of assets Part VI 5No
- Excess benefit transaction with an insider Part IV 25aNo
- Loans to or from insiders outstanding Part IV 26No
- Lobbying, or a 501(h) election in effect Part IV 4No
- Over $15,000 of professional fundraising services Part IV 18No
- Over $10,000 of activity outside the U.S. Part IV 14bNo
- Employees Part I, line 52,236
- Volunteers Part I, line 638
Correct a figure or respond
Every number above is copied from Faculty Practice Foundation Inc. & Affiliates's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Faculty Practice Foundation Inc. & Affiliates, you can publish a response that is linked from this page.
Share or embed this breakdown
Of every $100 Faculty Practice Foundation Inc. & Affiliates spent in FY2025, $80.85 went to programs. The full breakdown, from its IRS Form 990:
Questions people ask
How much of Faculty Practice Foundation Inc. & Affiliates's spending goes to programs?
In the fiscal year ending September 30, 2025, Faculty Practice Foundation Inc. & Affiliates reported that 80.8% of its $585.9 million in expenses went to program services, 19.2% to management and general and 0.0% to fundraising (Form 990, Part IX).
How much does Faculty Practice Foundation Inc. & Affiliates pay its top executive?
The largest total compensation Faculty Practice Foundation Inc. & Affiliates reported for one person in the fiscal year ending September 30, 2025 was $1,437,390, for the role of PHYSICIAN - ORTHO (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Faculty Practice Foundation Inc. & Affiliates get its money?
Of $588.0 million in revenue in the fiscal year ending September 30, 2025, 0.0% came from contributions and grants and 99.0% from program service revenue (Form 990, Part VIII).
Is Faculty Practice Foundation Inc. & Affiliates a registered charity?
The IRS lists EIN 90-0513372 as a 501(c)(3) organization (supporting organization (509(a)(3))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- FY2025: Form 990 for the fiscal year ending September 30, 2025, object 202642249349300509 · read the filing
- FY2024 (3 mo.): Form 990 for the 3-month short period ending September 30, 2024, object 202542259349302529 · read the filing
- FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202531349349303778 · read the filing
- FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202441319349302554 · read the filing
- FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202331319349301723 · read the filing
- FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202241269349300849 · read the filing
- FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202101339349302080 · read the filing
All filings for EIN 90-0513372: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.