Kaiser Permanente Bernard J Tyson School Of Medicine Inc

Organization Overview

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.

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.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Permanente Federation Llc
Education Services
$7,227,383
Wpp Group Usa Inc
Media Services
$5,430,533
Rose International Inc
Staffing Services
$2,473,280
Pricewaterhousecoopers Llp
Consulting Services
$1,983,500
Gibson Dunn And Crutcher Llp
Legal Services
$1,274,856
View All Vendors

Financial Statements

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

Grants Awarded

Over the last fiscal year, Kaiser Permanente Bernard J Tyson School Of Medicine Inc has awarded $495,808 in support to 3 organizations.

Grant RecipientAmount

REGENTS OF THE UNIVERSITY OF CALIFORNIA

Org PageRecipient Profile

Los Angeles, CA

PURPOSE: Research

$311,522

INFO & REFERRAL FEDERATION OF LA COUNTY

Org PageRecipient Profile

San Gabriel, CA

PURPOSE: RESEARCH

$111,735

VIRGINIA COMMONWEALTH UNIVERSITY

PURPOSE: RESEARCH

$72,551
View Grant Profile

Grants Recieved

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 OrganizationAmount
Kaiser Foundation Hospitals

Oakland, CA

PURPOSE: General Operating Support

$85,293,308
View Grant Recipient Profile

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