Gulf Coast Medical Foundation

Organization Overview

Gulf Coast Medical Foundation is located in Damon, TX. The organization was established in 1962. According to its NTEE Classification (E11) the organization is classified as: Single Organization Support, under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Gulf Coast 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 12/2021, Gulf Coast Medical Foundation generated $848.6k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.1% each year. All expenses for the organization totaled $987.5k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.

Since 2014, Gulf Coast Medical Foundation has awarded 274 individual grants totaling $6,680,564. 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.

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Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $0
Interest on Savings $11,666
Dividends & Interest $185,212
Net Rental Income$0
Net Gain on Sale of Assets $599,581
Capital Gain Net Income $599,581
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $52,176
Total Revenue $848,635

Grants Awarded

Over the last fiscal year, Gulf Coast Medical Foundation has awarded $734,155 in support to 32 organizations.

Grant RecipientAmount

OAKBEND MEDICAL CENTER

Org PageRecipient Profile

Richmond, TX

PURPOSE: CAPITAL GRANT FOR 1ST FLOOR BUILDOUT WHARTON HOSPITAL

$100,000

BOYS AND GIRLS CLUB OF GREATER HOUSTON

Org PageRecipient Profile

Houston, TX

PURPOSE: OPERATING SUPPORT FOR WHARTON CLUBS

$65,000

HESED HOUSE OF WHARTON

Org PageRecipient Profile

Wharton, TX

PURPOSE: CAPITAL GRANT FOR THE PARK PROJECT

$60,000

BOYS & GIRLS CLUB OF EL CAMPO

Org PageRecipient Profile

El Campo, TX

PURPOSE: OPERATING SUPPORT FOR EL CAMPO & PALACIOS

$58,000

CHILD ADVOCATES OF FORT BEND

PURPOSE: 2021 OPERATING SUPPORT

$40,000

MATAGORDA EPISCOPAL HEALTH OUTREACH PROGRAM

Org PageRecipient Profile

Bay City, TX

PURPOSE: PURCHASE OF EQUIPMENT

$37,000
View Grant Profile

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