EIN 76-0094743

Houston Methodist Hospital Foundation

IRS 501(c) type
501(c)(3)
Num. employees
0
State
Year formed
1983
Most recent tax filings
2022-12-01
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.
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 Foundation2020 - Multiple Payments for 21m Methodist Gift$4,513,333
The Levant FoundationGeneral Support$2,500,000
...and 55 more grants received totalling $23,053,010

Personnel at Houston Methodist Hospital Foundation

NameTitleCompensation
Susan H CoulterDirector , President and Chief Executive Officer / Director - President , Chief Executive Officer / Senior Vice President , President Chief Executive Officer$0
Edward A. JonesChief Business Officer, Academic Institute
Alecia Rister, Macc, CPAVice President, Finance and Chief Financial Officer Research Institute
Rebecca Hall, PhDVice President, Strategy and Academic Affairs
Trevor M. BurtVice President, Education Administration
...and 21 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
Data update history
January 18, 2024
Posted financials
Added Form 990 for fiscal year 2022
October 25, 2023
Received grants
Identified 5 new grant, including a grant for $573,667 from American Endowment Foundation
August 5, 2023
Posted financials
Added Form 990 for fiscal year 2021
July 22, 2023
Received grants
Identified 35 new grant, including a grant for $4,513,333 from Jerold B Katz Foundation
June 21, 2023
Posted financials
Added Form 990 for fiscal year 2020
Nonprofit Types
Hospital foundationsGrantmaking organizationsHealth organizations
Issues
Health
Characteristics
Funds one specific organizationProvides grantsFundraising eventsState / local levelEndowed supportCommunity engagement / volunteeringFundraising races, competitions, and tournamentsNo full-time employees
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)
No
Categorization
NTEE code, primary
E11: Health Care Single Organization Support
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
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