Baylor Medical Foundation
- Assets
- $233.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Houston, TX
- Founding
- 10/1948
- Data as of
- 06/2021
- EIN
- 74-1490000
Organization Overview
Baylor Medical Foundation is located in Houston, TX. The organization was established in 1948. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Baylor 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 06/2021, Baylor Medical Foundation generated $116.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (35.7%) each year. All expenses for the organization totaled $115.4k during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (28.3%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3
TO AID AND SUPPORT BAYLOR COLLEGE OF MEDICINE, TO ENCOURAGE AND ENABLE MEDICAL INVESTIGATION AND MEDICAL RESEARCH BY THE FACULTY.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Norbert Bischofberger Director | 2 | $0 | |
Stephanie Young President (as Of 7/2020) | 2 | $0 | |
Oswaldo Ramirez Treasurer | 2 | $0 | |
Melanie Gray Director/co-Chair | 2 | $0 | |
Chuck Watson Director (as Of 05/2021) | 2 | $0 | |
Robert F Corrigan Jr Sr VP & Secretary | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $114,441 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $16 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $1,955 |
| Total Revenue | $116,412 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $649 |
| Total expenses | $115,357 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $115,948 |
| Other assets | $0 |
| Total assets | $232,987 |
| Total liabilities | $119,935 |
| Net assets or fund balances | $113,052 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Baylor Medical Foundation has recieved totaling $50,000.
| Awarding Organization | Amount |
|---|---|
Abbvie Foundation North Chicago, IL PURPOSE: GENERAL MISSION SUPPORT | $50,000 |
Endowment Analysis
| Beg. Balance | $44,202,116 |
| Earnings | $5,824,494 |
| Net Contributions | $500 |
| Grants | $50,027,110 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
University Of Arkansas Foundation Inc Fayetteville, AR | $2,089,992,333 | $297,590,096 |
Texas A & M Research Foundation College Station, TX | $17,651,760 | $64,742,890 |
Tiger Athletic Foundation Baton Rouge, LA | $492,455,521 | $67,955,012 |
Vanguard Academy Pharr, TX | $58,411,993 | $65,696,988 |
Southwestern Medical Foundation Dallas, TX | $1,318,497,986 | $133,001,887 |
Unm Rainforest Innovations Albuquerque, NM | $22,586,721 | $58,002,418 |
University Of New Mexico Foundation Incorporated Albuquerque, NM | $270,142,035 | $53,815,950 |
University Of Texas Foundation Austin, TX | $88,879,484 | $47,692,096 |
L S U Foundation Baton Rouge, LA | $804,249,383 | $72,730,367 |
Southeastern Louisiana Area Health Education Center Natalbany, LA | $8,364,528 | $32,019,241 |
University Of Arkansas Fayetteville Campus Foundation Inc Fayetteville, AR | $748,157,500 | $15,686,060 |
Razorback Foundation Inc Fayetteville, AR | $72,537,377 | $26,130,749 |