M D Anderson Services Corporation

M D Anderson Services Corporation Overview

M D Anderson Services Corporation is located in Houston, TX. The organization was established in 1990. 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 08/2019, M D Anderson Services Corporation employed 18 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations.

For the year ending 08/2019, M D Anderson Services Corporation generated $37.6m in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 2.6% each year. All expenses for the organization totaled $2.8m during the year ending 08/2019. While expenses have increased by 9.6% 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

2019

Describe the Organization's Mission:

Part 3 - Line 1

MDASC PROVIDES A BROAD RANGE OF SERVICES TO ELEVATE THE LEVEL OF CANCER CARE IN THE COMMUNITY.

Describe the Organization's Program Activity:

Part 3 - Line 4a

SERVICES: MDASC IS A TEXAS NONPROFIT CORPORATION THAT WAS ORGANIZED IN 1989 AS A SUPPORTING ORGANIZATION TO MDACC. MDACC IS ONE OF THE WORLD'S MOST RESPECTED INSTITUTIONS DEVOTED EXCLUSIVELY TO CANCER PATIENT CARE, RESEARCH, EDUCATION AND PREVENTION. MDASC SUPPORTS MDACC'S MISSION BY ACTING AS AN INSTRUMENT THROUGH WHICH MDACC DELIVERS PROGRAMS TO ACHIEVE MDACC'S MISSION. MDASC'S LONGEST ESTABLISHED EXTRAMURAL RELATIONSHIPS ARE SERVICES AGREEMENTS, PURSUANT TO WHICH MDASC PROVIDES A BROAD RANGE OF CLINICAL SUPPORT SERVICES (INCLUDING MDACC'S CLINICAL GUIDELINES, MULTI-DISCIPLINARY TREATMENT PLANNING METHODOLOGIES, ONCOLOGY QUALITY MANAGEMENT AND BEST PRACTICES PROGRAMS, PHYSICIAN EDUCATION, AND ONCOLOGY CONSULTATIONS) TO ADVANCE THE TREATMENT OF CANCER IN COMMUNITY HOSPITAL OR INTERNATIONAL SETTINGS. PURSUANT TO THE SERVICES AGREEMENT FOR M. D. ANDERSON INTERNATIONAL ESPANA IN MADRID, SPAIN, MDASC SUPPORTS SPAIN'S FIRST MULTI-DISCIPLINARY FULL-SERVICE CANCER CENTER. THE SPAIN CANCER CENTER HAS PROVIDED A LEVEL OF SPECIALIZED ONCOLOGY CARE THAT WAS PREVIOUSLY UNAVAILABLE IN SPAIN. IN 2009, MDASC ALSO ENTERED INTO A SERVICES AGREEMENT WITH AMERICAN HOSPITAL IN ISTANBUL, TURKEY PURSUANT TO WHICH PATIENTS ARE NOW ABLE TO RECEIVE RADIATION TREATMENT FOR CANCER THAT IS IN ACCORDANCE WITH MDACC'S STANDARDS. IN ADDITION TO THESE ACTIVITIES, MDASC ROUTINELY ASSISTS MDACC IN ITS DEVELOPMENT OF VARIOUS PROGRAMS TO IMPLEMENT MDACC'S METHODOLOGIES FOR THE DELIVERY OF HIGH-QUALITY CANCER CARE IN COMMUNITY SETTINGS. FINALLY, MDASC PROVIDES MANAGEMENT EXPERTISE TO ITS RELATED NON-PROFIT EXEMPT ORGANIZATION, M. D. ANDERSON PHYSICIANS NETWORK AND MDACC. MDASC ALSO HOLDS AND ADMINISTERS A PERMANENT ENDOWMENT VALUED IN EXCESS OF $500 MILLION DOLLARS EXCLUSIVELY FOR THE BENEFIT OF MDACC.THE M. D. ANDERSON CARING FUND (THE "FUND") WAS ESTABLISHED BY THE ORGANIZATION IN SEPTEMBER 2011 AS A DISASTER RELIEF FUND TO ASSIST MDACC'S EMPLOYEES AND EDUCATIONAL APPOINTEES IN SECURING TEMPORARY NEEDS THAT MAY OCCUR AS A RESULT OF A LOSS OF A PRIMARY HOME OR A PRIMARY RESIDENCE DUE TO A STATE AND/OR FEDERAL GOVERNMENT DECLARED DISASTER. THE FUND PROVIDED FIXED $1,000 GRANTS TO ADDRESS THE ACUTE OR TEMPORARY NEEDS (E.G., SECURING FOOD AND SHELTER) OF MDACC EMPLOYEES AND EDUCATIONAL APPOINTEES AS A RESULT OF A LOSS OF A PRIMARY HOME OR A PRIMARY RESIDENCE DUE TO A STATE AND/OR FEDERAL GOVERNMENT DECLARED DISASTER. IN FISCAL YEAR 2018, THE FUND DISBURSED NEARLY $1.2 MILLION IN GRANTS TO THOSE IMPACTED BY HURRICANE HARVEY. THE ORGANIZATION ACCEPTS DONATIONS TO THE FUND FROM ITS OWN EMPLOYEES, MDACC EMPLOYEES, AND OTHERS. THE ORGANIZATION HOLDS DONATIONS TO THE FUND IN A SEGREGATED ACCOUNT AND MAKES GRANTS FROM THE FUND IN ACCORDANCE WITH THE M. D. ANDERSON CARING FUND PROGRAM POLICY (THE "POLICY"). THE ORGANIZATION PROVIDES CONTRIBUTORS TO THE FUND WITH WRITTEN TAX RECEIPT LETTERS FOR THEIR DESIGNATED GIFT TO THE FUND.IN FY19, THE FUND ISSUED 14 GRANTS TOTALING $25,700. THE CHARTER FOR THE FUND WAS EXPANDED TO PROVIDE ASSISTANCE FOR SPECIFIC QUALIFYING FINANCIAL HARDSHIPS IN ADDITION TO DISASTER RELIEF AND THE GRANT SIZE WAS AMENDED TO ALLOW VARIABLE GRANT SUPPORT UP TO A MAXIMUM OF $2,000.


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M D Anderson Services Corporation Board, Officers & Key Employees

M D Anderson Services Corporation Vendors

Vendor Name (Service)Compensation
Chivaroli & Associates
Insurance Broker
$526,339
Bracewelll And Giuliana
Legal
$132,968
View All Vendors

Financial Statements

Statement of Revenue
Total Revenue from Contributions, Gifts, Grants & Similar$233,686
Investment income $0
Tax Exempt Bond Proceeds $33,054,852
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $563,825
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $37,583,353

M D Anderson Services Corporation Grants Recieved

Over the last fiscal year, we have identified 1 grants that M D Anderson Services Corporation has recieved totaling $25,000.

Awarding OrganizationAmount
American Junior Golf Foundation Inc

Braselton, GA

PURPOSE: General Support

$25,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$649,492,466
Earnings$27,965,834
Admin Expense$29,314,671
Ending Balance$648,143,629

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