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UNDER BOND IND. 91289197 SHRINERS 66800000 TMC3 PREPAID RENT 37247041 LEASE AGREEMENT 1116542 RIGHT OF USE ASSET 7646757 OTHER ASSETS 5084399 209183936 0 OPERATING LEASE LIABILITY 4679430 CAPITAL LEASE LIABILITY 927073 5606503 X 130927590 -67928571 90808930 22880359 108047231 352389 352389 108399620 87474764 87474764 352389 352389 87827153 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, 2022 AND 2021, THE TEXAS MEDICAL CENTER HAS NO MATERIAL LIABILITIES RELATED TO UNCERTAIN TAX POSITIONS. SCHEDULE D, PART V, LINE 1A TEXAS MEDICAL CENTER HAS ADJUSTED THE BEGINNING BALANCE OF ITS ENDOWMENTS AS CERTAIN UNRESTRICTED DONOR FUNDS HAD BEEN INCLUDED IN THE REPORTING IN THE PRIOR YEARS. THE CURRENT TOTAL INCLUDES ONLY BOARD-DESIGNATED FUNDS AND FUNDS WITH DONOR RESTRICTIONS. SCHEDULE D, PART XI, LINE 2D GAIN ON CONVEYANCE $90,808,930 true SHRINERS HOSPITALS FOR CHILDREN 2900 ROCKY POINT DR TAMPA FL 33607 362193608 501(C)(3) 2000000 FMV GENERAL SUPPORT OF ONGOING PROGRAMS TEXAS MEDICAL CENTER FOUNDATION 2450 HOLCOMBE BLVD SUITE 1 HOUSTON TX 77021 472836992 501(C)(3) 972811 FMV GENERAL SUPPORT OF ONGOING PROGRAMS BAYLOR COLLEGE OF MEDICINE 1 MOURSUND ST HOUSTON TX 77030 741613878 501(C)(3) 52000 T32 RESEARCH TRAINING FRIENDS OF THE TX MED CTR LIBRARY 1133 JOHN FREEMAN BLVD HOUSTON TX 77030 311590693 501(C)(3) 20000 GENERAL SUPPORT OF ONGOING PROGRAMS 4 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 false false false false false false false false false WILLIAM MCKEON PRESIDENT 1759231 0 794250 0 269134 0 30500 0 33080 0 2886195 0 0 0 ISAAC MIDDLETON CHIEF OPERATING OFFICER 523605 0 183355 0 65874 0 30500 0 33080 0 836414 0 0 0 TATIANNA YALE CHIEF INVESTMENT & PLANNING OF 523605 0 78581 0 65874 0 30500 0 33080 0 731640 0 0 0 DENISE M CASTILLO-RHODES CFO 500089 0 175120 0 62912 0 30500 0 0 0 768621 0 0 0 THOMAS LUBY DIRECTOR INNOVATION INSTITUTE 427262 0 170992 0 63389 0 30500 0 33080 0 725223 0 0 0 ASHLEY A MCPHAIL VP, STRATEGY & ADMINISTRATION 427615 0 150500 0 56896 0 30500 0 11027 0 676538 0 0 0 BRIAN LUNEAU VP, LEGAL 279519 0 112000 0 54854 0 30500 0 33080 0 509953 0 0 0 SANTOS GONZALEZ-HINOJOSA GENERAL COUNSEL 314163 0 62865 0 37464 0 30500 0 33080 0 478072 0 0 0 ABBEY ROBERSON VP, PLANNER 200313 0 50104 0 37400 0 28427 0 20951 0 337195 0 0 0 JOHN M WOLTER CHIEF OF POLICE & TECHNOLOGY 235622 0 58936 0 49710 0 30500 0 33080 0 407848 0 0 0 JUDITH GERSH CONTROLLER 194296 0 44711 0 9638 0 24275 0 23156 0 296076 0 0 0 LAWRENCE J JONES DIR. FINANCE 189439 0 26535 0 10023 0 14504 0 33080 0 273581 0 0 0 EMILY REISER ASSOC. DIRECTOR, INNOVATION 148641 0 40000 0 1663 0 18864 0 11027 0 220195 0 0 0 KRISTEN KUPPERMAN VP, REAL ESTATE DEVELOPMENT 164327 0 66000 0 499 0 23033 0 0 0 253859 0 0 0 SCHEDULE J, PART I, LINE 1A - FIRST CLASS OR CHARTER TRAVEL THE CEO, DIRECTOR, INNOVATION INSTITUTE, AND A BOARD MEMBER UTILIZED CHARTER TRAVEL FOR ONE BUSINESS TRIP DURING 2022. THE BOARD MEMBER REIMBURSED TEXAS MEDICAL CENTER FOR THE COST OF THE CHARTER TRAVEL. 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. 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 13490000 0 52390000 0 0 0 0 0 0 0 52390000 0 2019 true false true true B 0 0 66190000 0 0 0 0 0 0 0 0 66190000 false false false 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 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. FORM 990, PART XI, LINE 9: OTHER CHANGES IN NET ASSETS GAIN UPON CONVEYANCE 90,808,930 TMC HEATING AND COOLING SERVICES CORP 1615 BRAESWOOD PARK DR HOUSTON TX 77030 943425643 THERMAL SVCS TX 501(C)(3) 12A TYPE I NA false TEXAS MEDICAL CENTER FOUNDATION 2450 HOLCOMBE BLVD SUITE 1 HOUSTON TX 77021 472836992 SUPPORT TMC TX 501(C)(3) 12A TYPE I TMC true TEXAS MEDICAL CENTER VENTURE FUND 2450 HOLCOMBE BLVD SUITE 1 HOUSTON TX 77021 823136541 SUPPORT TMC TX 501(C)(3) 12A TYPE 1 TMC true TMC3 DEVELOPMENT CORPORATION 2450 HOLCOMBE BLVD SUITE 1 HOUSTON TX 77021 843144648 SUPPORT TMC TX 501(C)(3) 12A TYPE 1 TMC true false true false false false false false false false false false true true false true false false true false TEXAS MEDICAL CENTER FOUNDATION R 436806 FMV TEXAS MEDICAL CENTURE VENTURE FUND R 1905361 FMV