Panacea Financial Foundation
Accepts applications
Panacea Financial Foundation is a private foundation in Little Rock, Arkansas. In tax year 2024 it gave $56,000 in 32 grants; the typical grant was $1,000 and the largest $5,000. It accepts applications; its filing gives the instructions below.
From its IRS Form 990-PF for tax year 2024.
- Grants paid, 2024$56,000
- Number of grants32
- Typical grant$1,000
- Largest grant$5,000
- Assets$294,268
- New grantees100%
Giving in 2024 was up from $51,000 the year before.
100% of its 2024 grantees had not received a grant from it the year before, a sign it is open to new organizations.
Giving by year
| Tax year | Grants paid | Number of grants | Assets |
|---|---|---|---|
| 2023 | $51,000 | 31 | $150,987 |
| 2024 | $56,000 | 32 | $294,268 |
How to apply
| Contact | Scholarship Committee Panacea Financial Foundation, 3604 Kavanaugh Blvd, Little Rock, AR 72205-1834 |
|---|---|
| Phone or email | michael.jerkins@panaceafinancial.com |
| What to submit | Find information at: http://panaceafinancial.com/community-engagement/ |
| Deadlines | June 30th |
| Restrictions | Applicants must be a U.S. Citizen, permanent resident or an individual granted deferred action for childhood arrivals (DACA) status. Must be medical students enrolled full-time in an accredited medical school in the united states who will be enrolled in the academic year that the scholarship is awarded. Must be an underrepresented ethnic or racial minority consistent with the national science foundation definition: african american/black, hispanic/latino, native americans (american indian/Alaska native/native hawaiian), and pacific islander. |
What Panacea Financial Foundation funds
Where it gives
Its grants went to recipients in 20 states, the most to California.
| State | Grants | Amount |
|---|---|---|
| California | 6 | $14,000 |
| New York | 5 | $5,000 |
| Kansas | 1 | $5,000 |
| Missouri | 1 | $5,000 |
| Pennsylvania | 1 | $5,000 |
| Washington | 1 | $5,000 |
| Kentucky | 2 | $2,000 |
| New Jersey | 2 | $2,000 |
| Texas | 2 | $2,000 |
| Arizona | 1 | $1,000 |
Grants paid in 2024
| Recipient | Purpose | Amount |
|---|---|---|
| George Heredia MS1 | Medical school scholarship | $5,000 |
| Individual | Medical school scholarship | $5,000 |
| Laura Jackson PHD MS3 | Medical school scholarship | $5,000 |
| Individual | Medical school scholarship | $5,000 |
| Channelle Ndagire MD MPP Candidate | Medical school scholarship | $5,000 |
| Alejandra Silva Hernandez MPH MS2 | Medical school scholarship | $5,000 |
| Mohamed Issah Jalloh MD Ms MPH | Medical school grant | $1,000 |
| Individual | Medical school grant | $1,000 |
| Individual | Medical school grant | $1,000 |
| Individual | Medical school grant | $1,000 |
| Individual | Medical school grant | $1,000 |
| Individual | Medical school grant | $1,000 |
| Individual | Medical school grant | $1,000 |
| Individual | Medical school grant | $1,000 |
| Individual | Medical school grant | $1,000 |
| Jasmine M Blake MD MSPH | Medical school grant | $1,000 |
| Individual | Medical school grant | $1,000 |
| Individual | Medical school grant | $1,000 |
| Individual | Medical school grant | $1,000 |
| Individual | Medical school grant | $1,000 |
| Individual | Medical school grant | $1,000 |
| Aloysus K Lawong MD PHD | Medical school grant | $1,000 |
| Individual | Medical school grant | $1,000 |
| Individual | Medical school grant | $1,000 |
| Individual | Medical school grant | $1,000 |
| Individual | Medical school grant | $1,000 |
| Individual | Medical school grant | $1,000 |
| Individual | Medical school grant | $1,000 |
| Individual | Medical school grant | $1,000 |
| Individual | Medical school grant | $1,000 |
| Individual | Medical school grant | $1,000 |
| Individual | Medical school grant | $1,000 |
Officers and trustees
- Michael Jerkins
- Jeral Self
- Javier Baez
- Ray Bignall
- Layoya Brathwaite
- Ludwig Francillon
- Megan Gunn
Questions people ask
Does Panacea Financial Foundation accept grant applications?
Yes. Its latest IRS filing says it accepts applications, with this on deadlines: June 30th.
How much does Panacea Financial Foundation give?
$56,000 in tax year 2024, across 32 grants, with a typical grant of $1,000.
Who runs Panacea Financial Foundation?
Its 2024 filing lists Michael Jerkins (Officer), Jeral Self (Executive Di), Javier Baez (Advisory Boa) and Ray Bignall (Advisory Boa) among 7 officers and trustees.
What does Panacea Financial Foundation fund?
Based on its grants, mainly education and health.