• ​Richard D. Husband, M.D. Educational Fund
• ​EMC Health Foundation Grant
• ​Other Funding Program​

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​Purpose of the Fund:

Richard D. Husband, MD, the founder of Modesto’s first residency program in 1931, established a fund to be dedicated to providing financial support to family medicine residents for educational costs or living expenses.

Process:

Applicants will submit the necessary information, after which members of the Stanislaus Health Foundation will consider each request for funding. Requests submitted during the last 4 months of residency training may be subject to additional conditions and requirements. Residents may apply as described below, even if they have already previously received a moving stipend at the beginning of residency training.
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​Eligibility Requirements

1. Each applicant must be a family medicine resident in good standing at the Valley Family Medicine Residency of Modesto 2. Requests to be considered must pertain to one of the two following categories:

Educational expenses: (limit of one request per year)—allowable expense include but are not limited to:

• Continuing Medical Education Conferences (up to a maximum of $2,500)
• Registration fees
• Transportation costs
• Other travel expenses
• Educational materials related to conference
• Educational programs/specialized trainings or certificates (up to a maximum of $5,000)
• Medical missions or away electives (up to a maximum of $2,500)
• Medical equipment or materials (up to a maximum of $1,000)

 
2. Living expenses: (limit of one request per year, up to $1,000) Allowable expense include but are not limited to:

• Health care premiums/co-pays/deductible
• Housing
• Transportation costs

 
3. Requests can be a grant or a loan. Maximum loan may be requested for same types of allowable expenses listed above of up to $2,000, interest-free to be paid back within 12 months 

Priority is given to resident physician applications.  Nursing applications will be considered only after the first priority is met.
Husband Trust Information Sheet
Richard D. Husband, M.D. Educational Fund Application – Resident
Richard D. Husband, M.D. Educational Fund Application – Nursing

Residents should submit requests to Jennifer Williams at Jennifer1.Williams@tenethealth.com.

The EMC Health Foundation had granted the Stanislaus Health Foundation with $200,000 to support retention of resident physicians in the 19 zip codes that the foundation covers. The monies are specifically tagged for use by VFMRM residents who are VCME employees. We believe that a salary enhancement (above what the physician resident is being paid) is a viable incentive to keep the physician here in the Greater Turlock community. Here is how the program works:

1. The Physician Resident can be given a salary enhancement for during the PGY2 and PGY3 year, or PGY3 year alone, dispursed as a grant at the beginning of the academic year.
2. Candidates must be in good academic standing to qualify for the salary enhancement. Academic assistance purely for In-Training Exam does not disqualify a resident for the grant.
3. The Valley Consortium for Medical Education (VCME) would decide the amount given to the physician residents, up to $70,000 per resident.
4. In accepting the salary enhancement, the physician resident commits to work within the 19 zip codes (see attached) for three years after completing their residency.
5. The physician may choose to work in either the public or private sector. However, they must agree to treat all patients (insured, uninsured, Medi-Cal, and Medicare, etc.).
6. They do not need to treat a disproportionate number of Medi-Cal recipients, but also cannot refuse to treat any of them.
7. The foundation reserves the right to audit the patient volume to ensure an appropriate mix of patients (insured and uninsured) are being seen as patients.
8. For any physician who does not complete their three years, they are required to pay the Stanislaus Health Foundation back within six months the amount of the “salary enhancement” they received. For example, if a physician practiced in the greater EMCHF area for a year, they would be required to repay the gross salary enhancement amount paid to them for years two and three.
9. If residents‘ requests exceed $200,000 , applicants will be prioritized based on their demonstration of commitment to the 19 zipcodes. Otherwise, funds will be distributed on a first come, first-served basis to qualified candidates. who are in good standing with respect to residency training.

Application process:

1. An interested resident may submit the application (attached) to the VCME Director of Finance and Administration starting in May of the PGY1, or at any point subsequently during their residency training.
2. Application will be reviewed by the Program Director and VCME Director of Finance and Administration.
3. If the request is granted, the resident will meet with the VCME Director of Finance and Administration to sign a contract. EMCHF shall receive a copy of each contract and will reserve the right to audit the patient volume in the future.
4. Monies will be issued in the amount agreed upon and with the timing agreed upon by the StanislausHealth Foundation.

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EMC Health Foundation Grant Application
LHE Maps and Zip Codes
EMCHF Program Announcement

SHF General Fund Account – Request For Funding Application

For further information please email dmeyer@schsa.org.