TMA Alliance Philanthropy
TMA Foundation is a 501(c)(3) tax-exempt organization that was formed by Texas Medical Association to acquire philanthropic support for key initiatives in public health programming and education sponsored by the Texas Medical Association. TMA Foundation adheres to the code of ethical principles and standards of professional practice set by the Association of Fundraising Professionals. Charitable contributions are tax deductible in accordance with Federal income tax law. Cash donations can be made to TMA Foundation by check or credit card. Gifts made through your will or contributions of securities or property also are welcomed.
Gifts to TMA Foundation may be:
- Unrestricted — This means that the contribution will be used, at the direction of the TMAF Board of Trustees, to support programs and/or foundation activities. Unrestricted contributions become part of TMAF's Unrestricted Fund.
- Restricted — This means that the donor has specified that the contribution 1) be used to support a particular program that the Foundation wishes to fund; 2) become part of a particular fund of the Foundation; or 3) be used to establish a named endowment the donor wishes to establish at $25,000 or more that will support a program or area of activity identified by the TMAF Board. Generally, contributions to the Restricted Fund are utilized within the following 12 to 18 months. Programs currently supported by TMAF are listed here.
All donations are acknowledged by letter and in the TMAF newsletter. Major donors receive specialized recognition, if desired. Alliance member contributions to TMA Foundation may be made online through TMAF’s secure website, www.tmaf.org, or by remitting a check payable to TMA Foundation, 401 W. 15th St., Austin, TX 78701, or by credit card by calling (800) 880-1300, ext. 1664, or (512) 370-1664.
PHYSICIAN HEALTH AND REHABILITATION ASSISTANCE FUND
Substance abuse is a major health issue affecting about one in ten Americans and about one in four families. The American Medical Association estimates that 13 percent of physicians will have abused alcohol or other drugs in their lifetime. Addiction is a family issue: it produces dysfunctional family systems and predisposes children and other family members to chemical dependence. To attend CME sessions regarding drug abuse and addiction in physicians, please see TMA's CME page.
The purpose of the PHR Assistance Fund is to provide financial assistance to physicians who cannot afford treatment for depression, substance use disorders, or other problems, or whose families need help with short-term living expenses while a physician receives treatment. The fund is designed to assist physicians and their families in need while the physician is not employed because he/she is receiving treatment. The fund is supported primarily by contributions from physicians, alliance members, county medical societies, and hospitals.
Physicians who have been practicing in Texas in the last five years or residents currently in training who have contributed to the welfare of our state will be given preference when applications are considered. Physicians need not be members of TMA to be eligible.
The loan review, comprising two PHR Committee members and one TMA Alliance representative, reviews applications. The TMA Board of Trustees has the final authority to commit funds to a loan applicant. The TMA finance office handles administration of the loans. An 8 percent interest rate on loans will be charged until economic or legal conditions suggest that reconsideration of that rate seems appropriate.
The recipient shall make good faith payments of $20 per month beginning six months after a loan is granted, regardless of employment status. The recipient shall make 36 equal customary payments toward the outstanding principal and interest left after deduction of good faith payments. Customary payments will be due not later than two years from the date of the first loan or six months after the physician regains employment, whichever occurs first.
In addition to the state and county PHR committees, 15 district coordinators are available for liaison and facilitating referrals from the Hotline, where troubled physicians can be referred to the committee. The Hotline number is (800) 880-1640, or (512) 370-1640. All calls are confidential.
Contributions to the PHR Assistance Fund can be made by check, or by credit card, payable to TMA Physician Health and Rehabilitation Fund, and mailed to TMA, 401 W. 15th St., Austin, TX 78701. All contributions are tax deductible.
MEDICAL STUDENT LOAN FUND
Texas Medical Association offers low-interest loans to qualified medical students from several loan funds. The interest rate is currently 4.4 percent.
- Dr. S.E. Thompson Scholarship Loan Fund is available to students attending UT System medical schools only. Students may borrow a maximum of $3,000.
- May Owen Irrevocable Trust Loan Fund is available to students attending any medical school in Texas. Students may borrow a maximum of $4,000.
- Texas Medical Association Alliance Student Loan Fund is available to students attending any medical school in Texas. Students may borrow a maximum of $4,000.
- TMA Special Funds Foundation Medical Student Loan Fund is available to students attending any medical school in Texas. Students may borrow $4,000 per year up to a maximum of $8,000. Students must be Texas residents.
Alliance contributions to the Medical Student Loan Fund can be made by sending a check, payable to TMAA Medical Student Loan Fund, and mailed to TMA, 401 W. 15th St., Austin, TX 78701.
PHYSICIANS BENEVOLENT FUND
The Physicians Benevolent Fund helps Texas physicians and their families in times of need. The fund assists recipients with rent or mortgage, utilities, insurance, medical bills, clothing, and food.
The PBF remains alive today because of the generosity of members willing to share financially with less fortunate colleagues and families. The maximum amount of monthly assistance per recipient shall not exceed $2,500. A recipient cannot hold in liquid assets more than the Health and Human Services Poverty Guidelines for income for the current year. Please contact PBF staff at (800) 880-1300, ext 1602 for more information.
Alliance contributions to the Physicians Benevolent Fund can be made by sending a check, payable to Physicians Benevolent Fund, to TMA, 401 W. 15th St., Austin, TX 78701.