Baylor Medical Foundation
- Assets
- $117.4k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Houston, TX
- Founding
- 10/1948
- Data as of
- 06/2022
- 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 06/2022, Baylor Medical Foundation generated $53.7k 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 (43.5%) each year. All expenses for the organization totaled $51.6k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (37.3%) 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
2022
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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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Chuck Watson Director | 2 | $0 | |
Paul Klotman President & Ceo, Ex-Officio | 2 | $0 | |
Stephanie Young President | 2 | $0 | |
Fred Lummis Director/co-Chair | 2 | $0 | |
Melanie Gray Director/co-Chair | 2 | $0 | |
David Baldwin Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $51,550 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $2,167 |
| Total Revenue | $53,717 |
| 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 | $0 |
| Total expenses | $51,550 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $359 |
| Other assets | $0 |
| Total assets | $117,398 |
| Total liabilities | $2,179 |
| Net assets or fund balances | $115,219 |