Overview
What is Texas Medical Center Foundation?
The Texas Medical Center Foundation is a charitable organization, classified under IRC Section 501(c)(3), situated in Houston, Texas. Its primary role is to bolster the Texas Medical Center, a renowned nonprofit corporation. The foundation achieves this by providing essential support to the medical center, contributing to its mission and operations.
Is Texas Medical Center Foundation legitimate?
Texas Medical Center Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Texas Medical Center Foundation 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:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $489,552
For more financial information, click here
What is the mission statement of Texas Medical Center Foundation?
The Texas Medical Center Foundation's mission is centered around supporting the Texas Medical Center, a non-profit organization as per IRC Section 501(c)(3). This foundation accomplishes its goal by aligning with the Texas Medical Center's mission, working to enhance the medical center's capabilities and contributions to the health sector. The exact nature of the support provided by the foundation is not specified in the information, but it is implied that they contribute in a manner that bolsters the Texas Medical Center's overall mission and objectives.
Who is the CEO of Texas Medical Center Foundation?
William Mckeon is the President of Texas Medical Center Foundation.
What is the revenue of Texas Medical Center Foundation?
Texas Medical Center Foundation's revenue in 2022 was $2,562,983.
Who are the executives of Texas Medical Center Foundation and what are their salaries?
The average compensation at Texas Medical Center Foundation during 2022 was $97,910. There are 5 employees and 4 volunteers at Texas Medical Center Foundation.
Here are 9 key members and their salaries:
- Compensation: $0
- Related: $2,822,615
- Other: $63,580
- Compensation: $0
- Related: $661,643
- Other: $63,580
- Compensation: $127,025
- Related: $0
- Other: $33,023
- Compensation: $102,118
- Related: $0
- Other: $29,236
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Texas Medical Center Foundation?
Texas Medical Center Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Texas Medical Center Foundation
The Texas Medical Center Foundation, a nonprofit organization, plays a crucial role in supporting the Texas Medical Center. Located in Houston, Texas, this foundation operates with a mission to strengthen the Texas Medical Center, a renowned nonprofit corporation described under IRC Section 501(c)(3). By fulfilling its mission, the Texas Medical Center Foundation contributes to the advancement of healthcare and medical research, ultimately bettering the lives of numerous individuals.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
The Texas Medical Center Foundation significantly impacts healthcare and medical research in Houston and beyond by providing essential support to the Texas Medical Center. It plays a crucial role in enhancing the capabilities of one of the largest medical complexes in the world, fostering innovation, collaboration, and advancement in health sciences. The foundation’s initiatives contribute to improving patient care, funding groundbreaking research, and facilitating education programs that prepare the next generation of healthcare professionals. Its dedication to enhancing healthcare resources not only benefits local communities but also drives advancements that can have far-reaching effects on global health.
This information is meant to be a general summary of Texas Medical Center Foundation. 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.
- Program Service Revenue: $1,572,572
- Gross Receipts: $2,749,053
Assets and Liabilities:
- Total Assets: $4,199,587
- Total Liabilities: $30,063,690
- Net Assets: -$25,864,103
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
BARDA
Revenue
$96,500
CPRIT/ACT
Revenue
$966,048
BIOBRIDGES UKRI
Revenue
$510,024
Organization Details
Founding Year
2014
Phone
(713) 791-6104Principal Officer
William Mckeon
Main Address
2450 HOLCOMBE BLVD SUITE 1, HOUSTON, TX, 77021
NTEE Category
Code: E11 - Health
If you are a representative of Texas Medical Center Foundation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.