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UNDER BOND IND. 32488783 LEASE AGREEMENT 997202 OTHER ASSETS 7101803 149415306 0 OPERATING LEASE LIABILITY 2077861 CAPITAL LEASE LIABILITY 889344 2967205 X 156943836 29621261 29621261 127322575 340672 340672 127663247 98433913 98433913 340672 340672 98774585 INTENDED USES OF ENDOWMENT FUNDS FORM 990, SCHEDULE D, PART V, LINE 4 ENDOWMENTS ARE USED FOR ACTIVITIES RELATED TO THE TREATMENT AND CARE OF CANCER PATIENTS, STUDIES OF TUBERCULOSIS, CONGENITAL CARDIOVASCULAR DISEASE EDUCATION AND RESEARCH, A LECTURE SERIES ON MEDICAL ETHICS AND FOR GENERAL PURPOSES, INCLUDING EXPENSES TO IMPLEMENT NEW COOPERATIVE PROJECTS INVOLVING SEVERAL INSTITUTIONS FOR THE BENEFIT OF THE MEDICAL CENTER AS A WHOLE. UNCERTAIN TAX POSITIONS FORM 990, SCHEDULE D, PART X, LINE 2 AS OF DECEMBER 31, 2023 AND 2022, THE TEXAS MEDICAL CENTER HAS NO MATERIAL LIABILITIES RELATED TO UNCERTAIN TAX POSITIONS. true TEXAS MEDICAL CENTER FOUNDATION 2450 HOLCOMBE BLVD SUITE 1 HOUSTON TX 770212040 472836992 501(C)(3) 983590 GENERAL SUPPORT OF ONGOING PROGRAMS 1 PROCEDURE FOR MONITORING USE OF GRANT FUNDS IN THE U.S. FORM 990, SCHEDULE I, PART I, LINE 2 GRANT ACTIVITY IS MONITORED BY TRACKING THE EXPENDITURES IN A SEPARATE COST CENTER FOR GRANTS. AN EXCEL SPREADSHEET IS MAINTAINED FOR EACH GRANT, SHOWING THE BUDGET, THE EXPENDITURES TO DATE, THE REIMBURSEMENT RECEIVED FROM THE GRANT FUNDS AND, ANY REMAINING BALANCE OF THE GRANT. ADDITIONALLY, GRANT RECIPIENTS ARE ASKED TO FILE ANNUAL REPORTS WITH TEXAS MEDICAL CENTER DISCUSSING THE USE OF THE GRANT FUNDS. X X true true X X X X X true false false false false false false false false WILLIAM MCKEON PRESIDENT 1938740 0 776600 0 280056 0 33000 0 33080 0 3061476 0 0 0 ISAAC MIDDLETON CHIEF OPERATING OFFICER 575251 0 230503 0 68954 0 33000 0 33080 0 940788 0 0 0 DENISE CASTILLO-RHODES CFO 549415 0 220151 0 67510 0 33000 0 0 0 870076 0 0 0 ASHLEY MCPHAIL VP, STRATEGY & ADMINISTRATION 472173 0 189200 0 59347 0 33000 0 11027 0 764747 0 0 0 THOMAS LUBY DIRECTOR INNOVATION INSTITUTE 469404 0 141068 0 65716 0 33000 0 33080 0 742268 0 0 0 SANTOS GONZALEZ-HINOJOSA GENERAL COUNSEL 326654 0 65379 0 35621 0 33000 0 33080 0 493734 0 0 0 MARCUS NELSON VP, Strategy & New Ventures 311769 0 124800 0 53621 0 33000 0 33080 0 556270 0 0 0 BRIAN LUNEAU VP, LEGAL 290985 0 116480 0 55361 0 33000 0 33080 0 528906 0 0 0 ABBEY ROBERSON VP, PLANNER 208278 0 37518 0 34753 0 27700 0 20951 0 329200 0 0 0 KRISTEN KUPPERMAN VP, REAL ESTATE DEVELOPMENT 199327 0 70000 0 36863 0 30558 0 0 0 336748 0 0 0 TATUM MARTENS VP Marketing 198673 0 80000 0 42717 0 31790 0 23156 0 376336 0 0 0 TATIANNA YALE CHIEF INVESTMENT & PLANNING OF 20149 0 0 0 222954 0 2015 0 5438 0 250556 0 0 0 JOHN WOLTER CHIEF OF POLICE & TECHNOLOGY 244991 0 85810 0 50263 0 33000 0 33080 0 447144 0 0 0 JUDITH GERSH CONTROLLER 202022 0 60651 0 11355 0 26656 0 23156 0 323840 0 0 0 LAWRENCE JONES DIR. FINANCE 196971 0 33510 0 11526 0 15732 0 33080 0 290819 0 0 0 EMILY REISER ASSOC. DIRECTOR, INNOVATION 166277 0 41600 0 1722 0 20788 0 11027 0 241414 0 0 0 JASON SAKAMOTO ASSOC. DIRECTOR 164888 0 41491 0 5658 0 20638 0 33080 0 265755 0 0 0 SCHEDULE J, PART I, LINE 1A - FIRST CLASS OR CHARTER TRAVEL CERTAIN OFFICERS AND A BOARD MEMBER UTILIZED CHARTER TRAVEL FOR ONE BUSINESS TRIP DURING 2023. SCHEDULE J, PART I, LINE 1A - HEALTH OR SOCIAL CLUB DUES OR INITIATION FEE TEXAS MEDICAL CENTER PAYS FOR THE CEO'S MEMBERSHIP TO A COUNTRY CLUB. THE CEO UTILIZES THIS MEMBERSHIP FOR BUSINESS PURPOSES OF TEXAS MEDICAL CENTER. SCHEDULE J, PART I, LINE 4A THE FOLLOWING INDIVIDUAL RECEIVED SEVERANCE DURING CALENDAR YEAR 2023: TATIANNA YALE - $220,321 A HARRIS COUNTY CULT EDUC FACIL FIN COR 2019A 760337885 2019-11-20 52390000 REFUND PRIOR ISSUES false false false B HARRIS COUNTY CULT EDUC FACIL FIN COR 2020A 760337885 2020-12-18 66190000 DEVELOP TMC3 CAMPUS false false false A 17125000 0 52390000 0 0 0 0 0 0 0 52390000 0 2019 true false true true B 0 0 66740165 0 0 0 921053 0 0 65819112 0 0 2023 false false true true A false false false false 0 false false false false B false false false false 0 false false false true A false true false false false false 0 false 0 false true B false true false false false false 0 false 0 false true A true B true FORM 990, SCHEDULE K, PART II, LINE 3 For the Series 2020A bonds, the amount reported includes investment earnings on bond proceeds. FORM 990, SCHEDULE K, PART III THE PROJECTS COVERED BY THESE BONDS HAVE NO PRIVATE BUSINESS USE. FORM 990, PART I, LINE 1 AND PART III, LINE 1: MISSION STATEMENT THE MISSION OF THE TEXAS MEDICAL CENTER ("TMC") IS TO PROMOTE THE HIGHEST QUALITY HEALTH STATUS FOR ALL PEOPLE BY ASSISTING INSTITUTIONS OF THE TEXAS MEDICAL CENTER TO ACHIEVE INDIVIDUAL AND COLLECTIVE GOALS OF THE HIGHEST POSSIBLE STANDARDS OF PATIENT AND PREVENTIVE CARE, OF RESEARCH AND EDUCATION, AND OF LOCAL, NATIONAL AND INTERNATIONAL COMMUNITY WELL-BEING. FORM 990, PART III, LINE 4A: MULTI-INSTITUTIONAL COLLABORATION BECOME THE WORLD LEADER IN HEALTH AND LIFE SCIENCES BY LEVERAGING AND PROMOTING THE COLLECTIVE POWER OF TMC'S RENOWNED INSTITUTIONS, STRATEGIC PARTNERSHIPS AND COUNCILS TO SERVE THE HEALTH, EDUCATION AND RESEARCH NEEDS OF TEXAS AND THE WORLD. FORM 990, PART III, LINE 4B: BUSINESS SERVICES PROVIDES SERVICES, SUCH AS PARKING, HOSPITALITY, LEASING, AND POLICE SERVICES, TO TMC MEMBER INSTITUTIONS, EMPLOYEES, VISITORS AND THE COMMUNITY. FORM 990, PART III, LINE 4C: CAMPUS DEVELOPMENT OF OUR LAND AND CAMPUS FOR INSTITUTIONAL PLANS AND URBAN PLANNING TO PROMOTE AND PROVIDE SUPPORT AND POLICE SECURITY FOR OUR MEMBER INSTITUTES, PATIENTS AND VISITORS. MAINTAINS THE INFRASTRUCTURE FOR THE SHARED, CENTRALLY MANAGED CAMPUS, PROVIDING MAINTENANCE FOR ITS STREETS, SIDEWALKS, GREEN SPACE, AND SHARED COMMONS SPACE. FORM 990, PART VI, GOVERNANCE, MANAGEMENT, AND DISCLOSURE SECTION A, LINE 11, 990 REVIEW PROCESS THE PREPARER REVIEWS THE FORM 990 WITH THE CFO. THE FORM 990 IS DISTRIBUTED TO AND REVIEWED BY THE AUDIT COMMITTEE. THE FINAL 990 IS MADE AVAILABLE TO THE BOARD OF DIRECTORS PRIOR TO FILING. SECTION B, LINE 12C - CONFLICT OF INTEREST COMPLIANCE CONFLICT OF INTEREST STATEMENTS ARE COMPLETED ANNUALLY BY THE BOARD OF DIRECTORS, OFFICERS AND KEY EMPLOYEES. THE STATEMENTS ARE REVIEWED BY THE LEGAL DEPARTMENT. IF A CONFLICT WERE TO ARISE, THE BOARD MEMBER WOULD BE REQUIRED TO DISMISS HIMSELF/HERSELF FROM ANY DISCUSSIONS OR DECISIONS REGARDING THE AREA OF CONFLICT. SECTION B, LINE 15 - COMPENSATION APPROVAL THE TMC BOARD OF DIRECTOR'S MEETS ANNUALLY AS PART OF THE PRESIDENT'S ANNUAL REVIEW AND COMPENSATION. THE BOARD REVIEWS THE PERFORMANCE OF THE COMPANY AND THE PRESIDENT'S PERFORMANCE TO DECIDE COMPENSATION. DURING THIS PROCESS, THE BOARD ALSO RECEIVES PERFORMANCE REVIEW AND COMPENSATION INFORMATION ON EACH MEMBER OF THE EXECUTIVE LEADERSHIP TEAM. SECTION C, LINE 19 - PUBLIC DISCLOSURE OF GOVERNING DOCUMENTS TEXAS MEDICAL CENTERS'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. 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