Overview
What is Tom Slick Memorial Trust For Sw Foundation For Research And Education?
The Tom Slick Memorial Trust is a nonprofit organization situated in San Antonio, Texas. Its primary purpose is to support the Texas Biomedical Research Institute, formerly known as the Southwest Foundation for Research and Education. This support comes from the income generated from the trust's oil and gas properties and various investment securities. The trust's operations are minimal, with only necessary expenses incurred before making monthly distributions to the research institute. These funds contribute to the institute's charitable mission, furthering medical research.
Official website here: www.txbiomed.org
Is Tom Slick Memorial Trust For Sw Foundation For Research And Education legitimate?
Tom Slick Memorial Trust For Sw Foundation For Research And Education is a legitimate nonprofit organization registered as a 501(c)(3) entity. Tom Slick Memorial Trust For Sw Foundation For Research And Education submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
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Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.txbiomed.org
What is the mission statement of Tom Slick Memorial Trust For Sw Foundation For Research And Education?
The Tom Slick Memorial Trust serves the purpose of providing financial support to the Texas Biomedical Research Institute, previously known as the Southwest Foundation for Research and Education. This support is derived from an income trust, which manages oil and gas properties and various investment securities. The income generated from these investments is exclusively utilized to aid the Texas Biomedical Research Institute in its charitable mission. The trust incurs minimal expenses prior to making monthly distributions to the institute.
Official website here: www.txbiomed.org
Who is the CEO of Tom Slick Memorial Trust For Sw Foundation For Research And Education?
Mr Bruce Edwards is the Chairman of Tom Slick Memorial Trust For Sw Foundation For Research And Education. The CEO's salary of Tom Slick Memorial Trust For Sw Foundation For Research And Education is $0 and their total compensation is $780,435.
Official website here: www.txbiomed.org
What is the revenue of Tom Slick Memorial Trust For Sw Foundation For Research And Education?
Tom Slick Memorial Trust For Sw Foundation For Research And Education's revenue in 2022 was $644,114.
Official website here: www.txbiomed.org
Who are the executives of Tom Slick Memorial Trust For Sw Foundation For Research And Education and what are their salaries?
Here are 34 key members and their salaries (Tom Slick Memorial Trust For Sw Foundation For Research And Education's CEO's salary is $0 and their total compensation is $780,435):
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- Other: $33,254
Official website here: www.txbiomed.org
Where can I find the form 990 for Tom Slick Memorial Trust For Sw Foundation For Research And Education?
Tom Slick Memorial Trust For Sw Foundation For Research And Education's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.txbiomed.org
Learn more at the official website: www.txbiomed.org
Mission Statement of Tom Slick Memorial Trust For Sw Foundation For Research And Education
The Tom Slick Memorial Trust for Sw Foundation for Research and Education is an income trust with a sole purpose: to support the Texas Biomedical Research Institute. Established with oil and gas properties and various investment securities, this trust generates income that is exclusively utilized to aid the Texas Biomedical Research Institute in its charitable mission. The trust incurs minimal expenses before distributing this income monthly, ensuring that the majority of its resources are directed towards its intended cause.
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Impact
October, 2024
The Tom Slick Memorial Trust significantly impacts Texas Biomedical Research Institute by providing dedicated financial support derived from oil and gas properties and investment securities. This income is exclusively allocated to advancing the institute's charitable mission, which focuses on medical research. By ensuring a consistent financial influx, the trust facilitates groundbreaking research initiatives and helps foster advancements in biomedical science. Its operational efficiency, with minimal expenses, maximizes the funds available for research, thus enhancing the institute’s capability to contribute to significant scientific discoveries and public health initiatives.
This information is meant to be a general summary of Tom Slick Memorial Trust For Sw Foundation For Research And Education. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $80,660
- Gross Receipts: $763,386
Assets and Liabilities:
- Total Assets: $14,292,512
- Total Liabilities: $0
- Net Assets: $14,292,512
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Organization Details
Founding Year
1972
Phone
(210) 258-9400Principal Officer
Mr Bruce Edwards
Main Address
PO BOX 760549, SAN ANTONIO, TX, 78245
Website
www.txbiomed.orgNTEE Category
Code: H110 - Medical research
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