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EIN 76-0094743

Houston Methodist Hospital Foundation

IRS 501(c) type
501(c)(3)
Num. employees
0
City
Houston
State
Texas
Year formed
1983
Most recent tax filings
2022-12-01
NTEE code, primary
E11: Health Care Single Organization Support
Description
The Houston Methodist Hospital Foundation was established to ensure that Houston Methodist has the support needed to achieve its vision for excellence in research, education and patient care.
Related structure
Houston Methodist Hospital Foundation is child organization, under the parent exemption from Houston Methodist.
Also known as...
Methodist Hospital
Total revenues
$140,278,306
2022
Total expenses
$45,990,440
2022
Total assets
$787,404,303
2022
Num. employees
0
2022

Program areas at Houston Methodist Hospital Foundation

Contributions to The Houston Methodist Hospital Foundation are used to fund various research, special purpose, or other designated endowment programs as requested by The donor. Special purpose funds can designate specialty care for indigent patients or other things such as stroke awareness programs for The community. Research designated fund donations support things such as The work of doctors in education and research, scientists in The general internal medicine discipline, or research for nanotechnology in treating brain cancers.

Grants made by Houston Methodist Hospital Foundation

GranteeGrant descriptionAmount
Houston MethodistProgram Service Support and Transfer Restricted Funds for Purchase of Capital Equipment$29,995,733

Who funds Houston Methodist Hospital Foundation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Greater Houston Community FoundationHealth$7,517,715
Jerold B Katz Foundation2022 Donation$6,005,759
The Levant FoundationGeneral Support$2,500,000
...and 58 more grants received totalling $22,693,422

Personnel at Houston Methodist Hospital Foundation

NameTitleCompensation
Edward A. Jones, MBAPresident and Chief Executive Officer , Research Institute
Marc L. Boom, MDPresident and Chief Executive Officer$0
Susan H CoulterDirector , President and Chief Executive Officer / Director - President , Chief Executive Officer / Senior Vice President , President Chief Executive Officer$0
Alecia Rister, MAcc, CPAVice President , Finance and Chief Financial Officer
Trevor M. Burt, MS, EdDChief Education Officer , Academic Institute
...and 29 more key personnel

Financials for Houston Methodist Hospital Foundation

RevenuesFYE 12/2022
Total grants, contributions, etc.$123,086,136
Program services$0
Investment income and dividends$10,065,042
Tax-exempt bond proceeds$0
Royalty revenue$240,001
Net rental income$0
Net gain from sale of non-inventory assets$-7,671,316
Net income from fundraising events$-117,790
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$14,676,233
Total revenues$140,278,306

Form 990s for Houston Methodist Hospital Foundation

Fiscal year endingDate received by IRSFormPDF link
2022-122023-11-03990View PDF
2021-122022-11-09990View PDF
2020-122021-11-12990View PDF
2019-122021-04-05990View PDF
2018-122020-02-06990View PDF
...and 9 more Form 990s

Organizations like Houston Methodist Hospital Foundation

OrganizationLocationRevenue
Tarrant Safety Net Support CorporationArlington, TX$207,767,694
Alabama Children's Hospital FoundationBirmingham, AL$41,920,764
IU HealthIndianapolis, IN$90,820,472
Texas Children's Hospital FoundationBellaire, TX$65,346,352
Dallas Safety Net Support CorporationDallas, TX$206,076,133
Robert Wood Johnson Health NetworkOceanport, NJ$67,610,455
Carnegie Cardiovascular PCWestbury, NY$77,935,425
Franciscan HealthIndianapolis, IN$55,973,643
RWJBH Medical Group PCOceanport, NJ$254,734,011
Brooklyn Ambulatory Care PCWestbury, NY$65,991,169
Data update history
September 25, 2024
Updated personnel
Identified 19 new personnel
August 26, 2024
Received grants
Identified 15 new grant, including a grant for $250,000 from Jerry C Dearing Family Foundation
May 18, 2024
Received grants
Identified 5 new grant, including a grant for $6,005,759 from Jerold B Katz Foundation
March 22, 2024
Used new vendors
Identified 1 new vendor, including
February 3, 2024
Received grants
Identified 22 new grant, including a grant for $7,517,715 from Greater Houston Community Foundation
Nonprofit Types
Hospital foundationsGrantmaking organizationsHealth organizationsChapter / child organizationsCharities
Issues
Health
Characteristics
Funds one specific organizationProvides grantsFundraising eventsState / local levelEndowed supportCommunity engagement / volunteeringFundraising races, competitions, and tournamentsTax deductible donationsNo full-time employeesAccepts online donations
General information
Address
6565 Fannin GB240
Houston, TX 77030
Metro area
Houston-The Woodlands-Sugar Land, TX
County
Harris County, TX
Website URL
houstonmethodist.org/ 
Phone
(832) 667-6160
IRS details
EIN
76-0094743
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1983
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
E11: Health Care Single Organization Support
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Child within group exemption
California AB-488 details
AB 488 status
May Operate or Solicit for Charitable Purposes
Charity Registration status
Current - Awaiting Reporting
FTB status revoked
Not revoked
AG Registration Number
CT0214513
FTB Entity ID
None yet
AB 488 data last updated ("as-of") date
2024-10-16
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