San Antonio Medical Foundation
- Assets
- $8.6m
- Revenue
- $1.4m
- Investments
- $0.0
- Employees
- 2
- Location
- San Antonio, TX
- Founding
- 12/1950
- Data as of
- 12/2022
- EIN
- 74-1366280
Organization Overview
San Antonio Medical Foundation is located in San Antonio, TX. The organization was established in 1950. According to its NTEE Classification (E11) the organization is classified as: Single Organization Support, under the broad grouping of Health Care and related organizations. As of 12/2022, San Antonio Medical Foundation employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. San Antonio 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 12/2022, San Antonio Medical Foundation generated $1.4m in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (1.1%) each year. All expenses for the organization totaled $1.2m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, San Antonio Medical Foundation has awarded 36 individual grants totaling $27,505,023. 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF THE SAN ANTONIO MEDICAL FOUNDATION IS TO IMPROVE HEALTH CARE, ADVANCE BIOMEDICAL SCIENCE, AND PROVIDE LEADERSHIP & ACTIVE STEWARDSHIP OF OUR LAND AND OTHER ASSETS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION PROMOTES AND PROVIDES ASSISTANCE IN THE ESTABLISHMENT, SUPPORT, AND MAINTENANCE OF NOT-FOR-PROFIT HEALTH CARE FACILITIES. IT ALSO PROMOTES AND PROVIDES ASSISTANCE IN HEALTH CARE EDUCATION. ORGANIZATIONS THAT MEET THE ABOVE CRITERIA MAY SUBMIT A LETTER OF INTENT TO THE LAND USE COMMITTEE, WHO RECOMMENDS THE ORGANIZATION TO THE BOARD OF TRUSTEES. THE BOARD OF THE TRUSTEES GRANTS APPROVAL FOR ALL QUALIFIED LAND REQUESTS AND OTHER PROGRAM SERVICE DISBURSEMENTS. DURING 2022, THE ESTIMATED VALUE OF DONATED LEASES FOR MEDICAL ORGANIZATIONS WAS $1,570,947. IN AN EFFORT TO PROMOTE HEALTH AND WELLNESS, A WALKING/JOGGING TRAIL IS AVAILABLE FOR USE BY THE GENERAL PUBLIC. (SEE SCHEDULE O)
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
James R Reed President | Officer | 36 | $232,130 |
Denise Green Director | Trustee | 1.5 | $0 |
Stephanie Chandler Chair | OfficerTrustee | 7 | $0 |
Mario Barrera Secretary | OfficerTrustee | 1.5 | $0 |
Lisa Friel Past Chair | OfficerTrustee | 1.5 | $0 |
Byron Hepburn MD Chair-Elect/vice Chair | OfficerTrustee | 4 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $91,850 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $91,850 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $1,325,942 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,417,792 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $393,950 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $265,000 |
| Compensation of current officers, directors, key employees. | $34,450 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $76,620 |
| Pension plan accruals and contributions | $13,221 |
| Other employee benefits | $184 |
| Payroll taxes | $19,848 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $44,736 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $24,659 |
| Office expenses | $28,999 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $40,497 |
| Insurance | $16,607 |
| All other expenses | $110,141 |
| Total functional expenses | $1,237,529 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $428,882 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $98,520 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $51,143 |
| Net Land, buildings, and equipment | $7,975,474 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $8,554,019 |
| Accounts payable and accrued expenses | $1,873 |
| Grants payable | $0 |
| Deferred revenue | $2,050 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $3,923 |
| Net assets without donor restrictions | $8,550,096 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $8,554,019 |
Grants Awarded
Over the last fiscal year, San Antonio Medical Foundation has awarded $350,000 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
San Antonio, TX PURPOSE: TO ENHANCE THE SOUTH TEXAS MEDICAL CENTER | $100,000 |
UT HEALTH SCIENCE CENTER SAN ANTONIO PURPOSE: Community health grant | $100,000 |
San Antonio, TX PURPOSE: Support Healthy Kids Project | $75,000 |
Dallas, TX PURPOSE: San Antonio Mobile Mental Wellness Collaborative | $75,000 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that San Antonio Medical Foundation has recieved totaling $12,200.
| Awarding Organization | Amount |
|---|---|
Parker Foundation Inc San Antonio, TX PURPOSE: CHARITABLE | $7,200 |
Vickrey Foundation San Antonio, TX PURPOSE: FOR GENERAL SUPPORT | $5,000 |
Endowment Analysis
| Beg. Balance | $974,619 |
| Earnings | $135,616 |
| Other Expense | $34,635 |
| Ending Balance | $1,075,600 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Dallas Methodist Hospitals Foundation Inc Dallas, TX | $153,905,809 | $19,053,620 |
Saint Francis Health System Inc General/Professional Liability Los Tulsa, OK | $35,657,077 | $16,772,953 |
Heart Of Texas Memorial Hospital Brady, TX | $57,981,362 | $27,695,651 |
Paso Del Norte Health Foundation El Paso, TX | $268,661,526 | $12,325,026 |
Conway Regional Hospital Employees Medical Trust Conway, AR | $4,792,680 | $16,387,089 |
Lsu Health Foundation New Orleans New Orleans, LA | $163,045,964 | $16,219,820 |
Baker & Botts Llp Employees Health Care Trust Agreement Houston, TX | $7,386,009 | $15,322,087 |
Shannon Business Services Inc San Angelo, TX | $6,491,391 | $14,101,592 |
Covenant Health System Foundation Lubbock, TX | $55,699,431 | $11,499,437 |
Texas Childrens Hospital Foundation Houston, TX | $3,566,256,606 | $201,987,304 |
The Menninger Clinic Foundation Houston, TX | $95,150,910 | $23,726,608 |
Presbyterian Health Foundation Oklahoma City, OK | $0 | $8,670,353 |