EIN 74-1613878

Baylor College of Medicine (BCM)

IRS 501(c) type
501(c)(3)
Num. employees
14,296
State
Year formed
1969
Most recent tax filings
2022-06-01
Description
Baylor College of Medicine (BCM) is a health sciences university that creates knowledge and applies science and discoveries to further education, healthcare and community service locally and globally.
Total revenues
$2,510,669,242
2022
Total expenses
$2,373,682,050
2022
Total assets
$2,864,921,260
2022
Num. employees
14,296
2022

Program areas at BCM

Service - bcm affirms our covenant to serve the community. Foremost is our commitment to patients, both in our clinical practice and with affiliated hospitals. We strive to improve public health in all our endeavors and serve the community in all aspects of this process. Bcm students and residents spend much of their education and training in the College's seven primary care affiliated teaching hospitals where Baylor faculty also provides patient care.
Instruction - bcm values academic pursuits and we commit our efforts to the scholarly pursuit of knowledge for our trainees, our patients, and our community. As a medical school, bcm's primary goal is to educate medical school students and train medical school graduates. Bcm also places emphasis on the education of medical research and allied health personnel.
Research - bcm researchers and physicians are studying a variety of medical topics, including cancer cell function, fertility, child nutrition, influenza, heart and neurological disorders, and other basic and clinical research.

Who funds Baylor College of Medicine (BCM)

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Albert and Margaret Alkek FoundationMedical Research, Education and Patient Care$6,002,500
Cullen FoundationBaylor College of Medicines Health Sciences Tower$6,000,000
Johns Hopkins University (JHU)Sub-Award$2,743,950
...and 304 more grants received totalling $77,745,909

Personnel at BCM

NameTitleCompensation
Dane FriendChancellor$332,442
Paul E KlotmanPresident$2,772,192
Joe DotySenior Vice President$658,044
Jamie BaileyVice President and Chief Financial Officer / Vice President , Chief Financial Officer$358,386
Janet AllenChief Investment Officer
...and 32 more key personnel

Financials for BCM

RevenuesFYE 06/2022
Total grants, contributions, etc.$800,931,112
Program services$1,546,047,427
Investment income and dividends$22,694,459
Tax-exempt bond proceeds$0
Royalty revenue$16,318,037
Net rental income$2,281,671
Net gain from sale of non-inventory assets$115,266,801
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$7,129,735
Total revenues$2,510,669,242

Form 990s for BCM

Fiscal year endingDate received by IRSFormPDF link
2022-062023-05-12990View PDF
2021-062022-05-16990View PDF
2020-062021-05-26990View PDF
2019-062020-10-24990View PDF
2018-062019-08-02990View PDF
...and 9 more Form 990s

Organizations like BCM

OrganizationLocationRevenue
Icahn School of Medicine at Mount SinaiNew York, NY$3,782,773,835
University of RochesterRochester, NY$4,935,271,271
Wake Forest University (WFU)Winston Salem, NC$715,438,504
Medical College of Wisconsin (MCW)Milwaukee, WI$1,613,951,767
Baylor University (BU)Waco, TX$1,400,477,758
Georgetown UniversityWashington, DC$1,988,566,479
University of PittsburghPittsburgh, PA$3,230,553,057
Columbia UniversityNew York, NY$7,109,530,946
Massachusetts Institute of Technology (MIT)Cambridge, MA$6,378,650,000
Yale UniversityNew Haven, CT$7,410,414,729
Data update history
February 3, 2024
Received grants
Identified 133 new grant, including a grant for $6,002,500 from Albert and Margaret Alkek Foundation
October 26, 2023
Received grants
Identified 33 new grant, including a grant for $841,567 from Michael E Debakey International Surgical Society
August 19, 2023
Received grants
Identified 268 new grant, including a grant for $8,000,000 from Cullen Foundation
August 10, 2023
Posted financials
Added Form 990 for fiscal year 2021
July 19, 2023
Posted financials
Added Form 990 for fiscal year 2022
Nonprofit Types
SchoolsHigher ed institutionsHeadquarter / parent organizations
Issues
HealthEducationDiseases and disordersCommunity improvementBusiness and industry
Characteristics
Political advocacyLobbyingPartially liquidatedOperates internationallyReceives government fundingEndowed supportCommunity engagement / volunteeringProvides scholarshipsGala fundraisersTax deductible donations
General information
Address
1 Baylor Plaza BCM 200
Houston, TX 77030
Metro area
Houston-The Woodlands-Sugar Land, TX
County
Harris County, TX
Website URL
bcm.edu/ 
Phone
(713) 798-4951
Facebook page
BaylorCollegeOfMedicine 
Twitter profile
@bcmhouston 
IRS details
EIN
74-1613878
Fiscal year end
June
Taxreturn type
Form 990
Year formed
1969
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
B50: Graduate, Professional Schools
NAICS code, primary
611310: Colleges, Universities, and Professional Schools
Parent/child status
Central organization
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