Gulf Coast Medical Foundation

Organization Overview

Gulf Coast Medical Foundation is located in Damon, TX. The organization was established in 1962. According to its NTEE Classification (E11) the organization is classified as: Single Organization Support, under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Gulf Coast Medical Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2021, Gulf Coast Medical Foundation generated $848.6k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.1% each year. All expenses for the organization totaled $987.5k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.

Since 2014, Gulf Coast Medical Foundation has awarded 305 individual grants totaling $7,436,143. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

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Board, Officers & Key Employees

Name (title)Compensation
Jeffrey D Blair
Director
$0
Janet Peden
Director
$0
Jack Moore
Secretary
$0
Charles Davis
Director
$0
Melissa Burnham
Executive Vice President
$84,000
Laurance H Armour III
Treasurer
$0

Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $0
Interest on Savings $11,666
Dividends & Interest $185,212
Net Rental Income$0
Net Gain on Sale of Assets $599,581
Capital Gain Net Income $599,581
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $52,176
Total Revenue $848,635

Grants Awarded

Over the last fiscal year, Gulf Coast Medical Foundation has awarded $755,579 in support to 31 organizations.

Grant RecipientAmount

AFTER SCHOOL ACTIVITIES PROGRAM

PURPOSE: GENERAL OPERATING SUPPORT

$27,000

BOYS & GIRLS CLUB OF BAY CITY

PURPOSE: GENERAL OPERATING SUPPORT

$35,000

ADOPT A GRANDPARENT OF EL CAMPO

PURPOSE: SUPPLIES FOR CHRISTMAS BASKETS

$3,000

BOYS & GIRLS CLUB OF EL CAMPO & PALACIOS

PURPOSE: GENERAL OPERATING SUPPORT

$60,000

BOYS AND GIRLS CLUB OF GREATER HOUSTON

PURPOSE: GENERAL OPERATING SUPPORT FOR WHARTON CLUB

$65,000

CENTER FOR HEARING AND SPEECH

PURPOSE: SPECIALIZED SERVICES FOR CHILDREN WITH HEARING LOSS

$4,000
View Grant Profile

Peer Organizations

Organization NameAssets
Baptist Health Services
Little Rock, AR
$81,871,934
Transport Workers Mta Health And Welfare Tr
Houston, TX
$54,093,741
Mountaire Employees Medical Benefit Trust
Little Rock, AR
$52,988,647
Childrens Medical Center Foundation
Dallas, TX
$324,895,273
W I Cook Foundation Inc
Fort Worth, TX
$189,117,182
Shannon West Texas Memorial Hospital
San Angelo, TX
$17,635,602
Texas Health Resources Foundation
Arlington, TX
$28,232,757
Memorial Hermann Foundation
Houston, TX
$56,051,722
Sealy & Smith Foundation
Galveston, TX
$130,847,488
Gshs Administrative Services Organization Inc
Longview, TX
$29,351,203
Georges Inc Medical Tr
Springdale, AR
$27,781,992
Baker & Mckenzie Medical Veba Tr Ua 061793
Dallas, TX
$24,878,405
Foundation Health Services Inc
Baton Rouge, LA
$26,232,279
Saint Francis Health System Inc General/Professional Liability Los
Tulsa, OK
$17,816,591
Baxter Regional Health System
Mountain Home, AR
$12,820,136
Paso Del Norte Health Foundation
El Paso, TX
$36,904,993
Shannon Business Services Inc
San Angelo, TX
$17,555,451
St Joseph Services Corporation
Bryan, TX
$17,066,171
White County Physician Group
Searcy, AR
$16,940,947
Conway Regional Hospital Employees Medical Trust
Conway, AR
$12,974,761
Lsu Health Foundation New Orleans
New Orleans, LA
$21,944,141
Harris County Hospital District Foundation
Bellaire, TX
$2,366,724
Baker & Botts Llp Employees Health Care Trust Agreement
Houston, TX
$14,019,783
Anchorum St Vincent
Santa Fe, NM
$9,936,416
Presbyterian Health Foundation
Oklahoma City, OK
$11,429,884

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