Texas Medical Center Foundation

Organization Overview

Texas Medical Center Foundation is located in Houston, TX. The organization was established in 2015. 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 12/2021, Texas Medical Center Foundation employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Texas Medical Center 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, Texas Medical Center Foundation generated $1.9m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 50.7% each year . All expenses for the organization totaled $1.8m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.

Since 2016, Texas Medical Center Foundation has awarded 45 individual grants totaling $5,100,718. 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

PROVIDE SUPPORT TO THE TEXAS MEDICAL CENTER.

Describe the Organization's Program Activity:

Part 3 - Line 4a

SEE SCHEDULE O


SEE SCHEDULE O


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Deep 6 Ai Inc
Clinical Trial Svcs
$2,000,000
Arete Limited Liability Company
Consulting Services
$135,013
Luminas Llc
Consulting Services
$128,535
Jones Lang Lasalle Ameanricas Inc
Maintenance Services
$266,996
Ut Texas Hsc At Houston
Consulting Services
$206,250
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$63,294
Related organizations$746,925
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$93,588
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$903,807
Total Program Service Revenue$1,027,400
Investment income $0
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events -$78,967
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $1,852,240

Grants Awarded

Over the last fiscal year, Texas Medical Center Foundation has awarded $320,000 in support to 9 organizations.

Grant RecipientAmount

GREATER HOUSTON PARTNERSHIP

Org PageRecipient Profile

Houston, TX

PURPOSE: GENERAL SUPPORT

$200,000

HARRIS COUNTY SPORTS AUTHORITY

PURPOSE: GENERAL SUPPORT

$50,000

THE UNIVERSITY OF ST THOMAS

Org PageRecipient Profile

Houston, TX

PURPOSE: GENERAL SUPPORT

$10,000

Houston, TX

PURPOSE: GENERAL SUPPORT

$10,000

Houston, TX

PURPOSE: GENERAL SUPPORT

$10,000

HLTH LLC

PURPOSE: GENERAL SUPPORT

$10,000
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 3 grants that Texas Medical Center Foundation has recieved totaling $767,425.

Awarding OrganizationAmount
Texas Medical Center

Houston, TX

PURPOSE: GENERAL SUPPORT OF ONGOING PROGRAMS

$746,925
Greater Houston Community Foundation

Houston, TX

PURPOSE: HEALTH

$20,000
Baird Foundation Inc

Milwaukee, WI

PURPOSE: GENERAL SUPPORT

$500
View Grant Recipient Profile

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