Overview

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Est.

2014

Latest Fiscal Year

Not available

Organization Type

Grantseeker

AI Summary

The Texas Medical Center Foundation is a nonprofit organization focused on health, dedicated to providing support to the Texas Medical Center. With an operating budget of $2.7 million and total revenue of $3.4 million for the 2024 filing year, the foundation collaborates with significant funders, including VANGUARD CHARITABLE ENDOWMENT PROGRAM, Greater Houston Community Foundation, and Gillson Longenbaugh Foundation. The organization does not rely on a single funder for 50% or more of its revenue.

Mission Statement

PROVIDE SUPPORT TO THE TEXAS MEDICAL CENTER.
Revenues
$3.4M
Expenses
$3M
Net Income:
+$458.9K
Assets
$3.9M
Liabilities
$29.1M
Net Assets:
-$25.2M
Operating Budget
$2.7M
Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants
2
Median grant size
$614.1K
Largest grant received
$1.2M
W
William McKeon
Board Member
D
DR Bernard a Harris Jr Md
Board Member
C
Charles W Hall
Board Member

Frequently Asked Questions

What is TEXAS MEDICAL CENTER FOUNDATION’s budget?
In 2024, TEXAS MEDICAL CENTER FOUNDATION reported an annual operating budget of around $2.7 million. More detailed financial information is available to registered users.
What causes does TEXAS MEDICAL CENTER FOUNDATION support?
TEXAS MEDICAL CENTER FOUNDATION supports work in Health.
Where does TEXAS MEDICAL CENTER FOUNDATION operate?
TEXAS MEDICAL CENTER FOUNDATION is headquartered in Houston, TX.
Who funded TEXAS MEDICAL CENTER FOUNDATION recently?
In 2024, TEXAS MEDICAL CENTER FOUNDATION received grants from TEXAS MEDICAL CENTER, Greater Houston Community Foundation, and TEXAS MEDICAL CENTER. More information on this organization’s funders is available to registered users.
What is the largest grant TEXAS MEDICAL CENTER FOUNDATION received in 2024?
The largest grant to TEXAS MEDICAL CENTER FOUNDATION in 2024 exceeds $1.2 million.