Georgia · Nonprofit
MOREHOUSE SCHOOL OF MEDICINE
MOREHOUSE SCHOOL OF MEDICINE (Georgia) receives grants from 153 organizations whose IRS filings report $107,274,938 to it, the largest being THE BLOOMBERG FAMILY FOUNDATION INC ($28,500,000). 80 of them have funded it in more than one year.
- Revenue FY2025
- $318M
- Funders on record
- 153
- Grants received
- $107M
- Net assets
- $361M
What Morehouse School of Medicine does
Mission
Leading the creation and advancement of health equity we exist to improve the health and well-being of individuals and communities, increase the diversity of the health professional and scientific workforce, and address primary health care through programs in education, research and service with emphasis on people of color and the underserved urban and rural populations in georgia, the nation, and the world.
As stated on its FY2025 Form 990.
Program
Overview: Morehouse School of Medicine (msm) located in atlanta ga was founded in 1975 as a medical education program at morehouse college. In 1981, msm became an independently charted institution. Msm is among the nation's leading educators of primary care physicians and has been recognized as a top institution among u.s. Medical schools for our social mission. Our faculty and alumni are noted in their fields for excellence in teaching, research and public policy. Msm is accredited by the accreditation council for continuing education, accreditation council for graduate medical education, council on education for public health, liaison committee on medical education and southern association of colleges and schools. Academic programs msm awards the doctor of medicine (md), doctor of philosophy (ph.d), master of public health (mph), master of science in medical sciences (msms), master of science in biomedical research (msbr), master of science in clinical research (mscr), master of science in biomedical technology (msbt), doctor of health administration (dha), exec master of public health, justice - involved life coach, master of arts-maji, ms biomedical tech/med. Cannibi, ms…
$192,527,823 spentof which $8,036,742 as grants$35,425,960 earned by the program100% of program spending
The program described on its FY2024 Form 990. Program spending in total: $192,527,823.
The organization over time
Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2020 to 2021, from $233M to $310M (+33%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
Government-grant reliance: 2017 68% · 2018 67% · 2019 68% · 2020 68% · 2021 56% · 2022 60% · 2023 58% · 2024 66% · 2025 61%. Grants only. Government contracts and fees sit inside program revenue.
88% of MOREHOUSE SCHOOL OF MEDICINE’s revenue is contributions — more reliant on donations than three-quarters of its peers (14% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 4 of the last 9 reported years ran a deficit.
reserve
Leadership and staff
The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.
Chief executive
Valerie Montgomery Rice MD
President & CEO
As listed on its FY2025 Form 990.
Who funds it, year by year
2017 → 2023: the base broadened from 19 funders to 54 funders, grant income rose $2.3M → $16M.
21 of 153 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 15% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
Left out of every figure on this page: $255M from 36 payers (the payer shares this organization's board, largest Grady Memorial Hospital Corporation); $1.0M from one payer (an institutional transfer, not a grant programme, largest Suntrust Bank Charitable-Irr Tr(1071). These are real filings, and they are not money MOREHOUSE SCHOOL OF MEDICINE raised.
From the IRS filings of MOREHOUSE SCHOOL OF MEDICINE’s funders (the co-funder graph). Top 30 of 153 funders by total. Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How concentrated its funding is
MOREHOUSE SCHOOL OF MEDICINE has a broad base — no single funder exceeds 27% of grant income, and it takes 6 funders to reach half.
the vertical line marks half of all grant income — 6 funders to its left
37% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund MOREHOUSE SCHOOL OF MEDICINE.
Largest funder’s share by year: 2017 22% · 2018 19% · 2019 20% · 2020 59% · 2021 31% · 2022 22% · 2023 18% — diversifying over time.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How long its funders stay
35% of MOREHOUSE SCHOOL OF MEDICINE's funders are still giving 3 years after their first grant; 52% give in more than one year at all.
Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.
Where its funders are
MOREHOUSE SCHOOL OF MEDICINE draws 80% of its grant income from funders outside Georgia, across 27 states in all.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $16M arriving through sponsors registered in 14 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Against its field
MOREHOUSE SCHOOL OF MEDICINE has grown faster than three-quarters of the 684 education nonprofits its size.
this organization peer median middle 50% of peers· 684 education nonprofits over $100M, FY2025
Government funding MOREHOUSE SCHOOL OF MEDICINE receives
Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $575.3M on record.
- Department of Health and Human Services$330.7M
- Department of Education$222.0M
- National Science Foundation$14.1M
- Department of Commerce$4.2M
- Department of Defense$3.2M
- Department of Agriculture$997k
Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.
Organizations like MOREHOUSE SCHOOL OF MEDICINE
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In Georgia
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
67% of spending goes to programs.
Governance
Footprint & structure
Files a return copy in 1 state
Part of a family of 3 related entities
- Morehouse Healthcare · exempt
- Morehouse Medicine Inc · exempt
- Msm Impact LLC · corp_trust
Screen this organization
A dated, signed PDF of the compliance screen for MOREHOUSE SCHOOL OF MEDICINE: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds MOREHOUSE SCHOOL OF MEDICINE?
- MOREHOUSE SCHOOL OF MEDICINE (Georgia) receives grants from 153 organizations whose IRS filings report $107,274,938 to it, the largest being THE BLOOMBERG FAMILY FOUNDATION INC ($28,500,000). 80 of them have funded it in more than one year.
- How many funders does MOREHOUSE SCHOOL OF MEDICINE have?
- IRS filings report 153 organizations giving $107,274,938 in grants to MOREHOUSE SCHOOL OF MEDICINE, 80 of which have funded it in more than one year.
- Who is the largest funder of MOREHOUSE SCHOOL OF MEDICINE?
- THE BLOOMBERG FAMILY FOUNDATION INC is the largest funder on record, with $28,500,000 in grants. The full list of funders is on this page.
- How can an organization like MOREHOUSE SCHOOL OF MEDICINE find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Georgia. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
Play a game about who funds Morehouse School of Medicine →
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 153 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 22, 2026. What this page cannot tell you · view filing