Kaiser Permanente Bernard J Tyson School Of Medicine Inc is located in Oakland, CA. The organization was established in 2018. According to its NTEE Classification (B50) the organization is classified as: Graduate & Professional Schools, 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. Kaiser Permanente Bernard J Tyson School Of Medicine Inc 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, Kaiser Permanente Bernard J Tyson School Of Medicine Inc generated $87.2m in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 47.9% each year . All expenses for the organization totaled $84.9m during the year ending 12/2021. While expenses have increased by 47.2% per year over the past 5 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE A WORLD-CLASS MEDICAL EDUCATION THAT IGNITES A PASSION FOR LEARNING, DESIRE TO SERVE & COMMITMENT TO IMPROVE THE HEALTH & WELL-BEING OF PATIENTS & COMMUNITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
OPERATION OF A MEDICAL SCHOOL IN SOUTHERN CALIFORNIA INCORPORATING ADVANCED HEALTH INFORMATION TECHNOLOGY, ACKNOWLEDGING THE IMPORTANCE OF COLLABORATION, AND PROMOTING DIVERSITY AND INCLUSION TO DELIVER HEALTH EQUITY. THE SCHOOL OF MEDICINE HAS WAIVED TUITION FOR THE ENTERING CLASSES OF 2020-2024 (I.E. FIRST 5 CLASSES). THE TUITION WAIVER APPLIES TO EACH CLASS FOR THEIR FOUR YEARS OF ENROLLMENT AND IS TREATED AS A REDUCTION TO THE REVENUE. FOR THE YEARS ENDED DECEMBER 31, 2021 AND 2020, THE TOTAL AMOUNT OF TUITION WAIVED WAS APPROXIMATELY $3.8 MILLION AND $1.4 MILLION, RESPECTIVELY. THE KAISER PERMANENTE BERNARD J. TYSON SCHOOL OF MEDICINE DEMONSTRATED ITS CONTINUED COMMITMENT TO ITS MISSION, VISION, AND VALUES BY ADMITTING A DIVERSE GROUP OF STUDENTS TO ITS SECOND COHORT (40% UNDERREPRESENTED IN MEDICINE, 26% DISADVANTAGED, 34% NONTRADITIONAL, 18% FIRST-GENERATION). THE SCHOOL WAIVES TUITION AND FEES FOR ALL FOUR YEARS OF ENROLLMENT FOR ITS FIRST FIVE COHORTS, AND CONTINUES TO PROVIDE SUBSTANTIAL INSTITUTIONAL GRANT AID TO OFFSET LIVING EXPENSES (E.G., ROOM AND BOARD, TRANSPORTATION). THE SCHOOL ALSO ACHIEVED AN IMPORTANT MILESTONE ON ITS PATH TO ACHIEVING FULL ACCREDITATION, AND WAS GRANTED CANDIDACY STATUS BY THE WESTERN ASSOCIATION OF SCHOOLS AND COLLEGES (WASC) SENIOR COLLEGE AND UNIVERSITY COMMISSION ON JUNE 25, 2021. THE SCHOOL'S INAUGURAL CLASS OF STUDENTS ENTERED THEIR SECOND YEAR OF MEDICAL EDUCATION, WHICH EMPHASIZES THE APPLICATION OF COMPETENCIES, SKILLS, AND FOUNDATIONAL KNOWLEDGE TO MORE COMPLEX PATIENT CARE AND HEALTH SYSTEMS CONTEXTS. IN THIS YEAR, STUDENTS WILL PARTICIPATE IN FOUR ONE-WEEK INPATIENT IMMERSION EXPERIENCES WHERE THEY ARE GUIDED BY ATTENDING PHYSICIANS AND RESIDENTS AS THEY PARTICIPATE IN MULTIPLE PATIENT CARE AREAS WITHIN A HOSPITAL SETTING.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Mark Schuster Director, Dean, President, CEO | OfficerTrustee | 50 | $0 |
Mark Zemelman Svp, General Counsel & Secy | Officer | 0.1 | $0 |
Thomas Meier Svp, Corporate Treasurer | Officer | 1 | $0 |
Hong-Sze Yu Vp, Brd & Corp Gov & Asst Secy | Officer | 0.5 | $0 |
Walter Harris SVP Admin & Finance- Som | Officer | 50 | $0 |
Maryann Bodayle Assistant Secretary | Officer | 0.5 | $0 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Permanente Federation Llc Education Services | 12/30/21 | $7,227,383 |
Wpp Group Usa Inc Media Services | 12/30/21 | $5,430,533 |
Rose International Inc Staffing Services | 12/30/21 | $2,473,280 |
Pricewaterhousecoopers Llp Consulting Services | 12/30/21 | $1,983,500 |
Gibson Dunn And Crutcher Llp Legal Services | 12/30/21 | $1,274,856 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $85,293,308 |
Government grants | $831,649 |
All other contributions, gifts, grants, and similar amounts not included above | $225,618 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $86,350,575 |
Total Program Service Revenue | $616,325 |
Investment income | $239,827 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | -$31,449 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $87,175,278 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $499,318 |
Grants and other assistance to domestic individuals. | $2,457,784 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $30,012,729 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $11,454,552 |
Payroll taxes | $0 |
Fees for services: Management | $0 |
Fees for services: Legal | $1,862,005 |
Fees for services: Accounting | $111,495 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $37,903 |
Fees for services: Other | $0 |
Advertising and promotion | $5,394,729 |
Office expenses | $158,250 |
Information technology | $1,059,857 |
Royalties | $0 |
Occupancy | $6,967,194 |
Travel | $234,370 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $201,759 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $196,622 |
Insurance | $568,875 |
All other expenses | $628,279 |
Total functional expenses | $84,947,961 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $69 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $469,111 |
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 | $1,155,369 |
Net Land, buildings, and equipment | $834,463 |
Investments—publicly traded securities | $42,982,430 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $64,119,347 |
Total assets | $109,560,789 |
Accounts payable and accrued expenses | $0 |
Grants payable | $0 |
Deferred revenue | $289,547 |
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 | $63,027,249 |
Total liabilities | $63,316,796 |
Net assets without donor restrictions | $0 |
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 | $46,243,993 |
Total liabilities and net assets/fund balances | $109,560,789 |
Over the last fiscal year, Kaiser Permanente Bernard J Tyson School Of Medicine Inc has awarded $495,808 in support to 3 organizations.
Grant Recipient | Amount |
---|---|
Los Angeles, CA PURPOSE: Research | $311,522 |
San Gabriel, CA PURPOSE: RESEARCH | $111,735 |
VIRGINIA COMMONWEALTH UNIVERSITY PURPOSE: RESEARCH | $72,551 |
Over the last fiscal year, we have identified 1 grants that Kaiser Permanente Bernard J Tyson School Of Medicine Inc has recieved totaling $85,293,308.
Awarding Organization | Amount |
---|---|
Kaiser Foundation Hospitals Oakland, CA PURPOSE: General Operating Support | $85,293,308 |
Organization Name | Assets | Revenue |
---|---|---|
Western University Of Health Sciences Pomona, CA | $407,040,464 | $223,097,893 |
Samuel Merritt University Oakland, CA | $325,100,331 | $118,517,115 |
Dominican University Of California San Rafael, CA | $120,936,382 | $85,037,820 |
Kaiser Permanente Bernard J Tyson School Of Medicine Inc Oakland, CA | $109,560,789 | $87,175,278 |
Fuller Theological Seminary Pasadena, CA | $257,080,633 | $48,939,173 |
California Western School Of Law San Diego, CA | $69,688,098 | $48,863,777 |
Keck Graduate Institute Claremont, CA | $121,856,519 | $41,890,021 |
Marshall B Ketchum University Fullerton, CA | $105,970,455 | $47,583,305 |
Thunderbird School Of Global Management Phoenix, AZ | $4,648,363 | $22,980,212 |
Southern California University Of Health Sciences Whittier, CA | $39,889,743 | $44,008,074 |
Palo Alto University Inc Palo Alto, CA | $37,743,432 | $38,449,514 |
Uc Berkeley Center For Executive Education Berkeley, CA | $14,411,646 | $24,161,289 |