2019-11-05T07:05:07-06:00 2018-12-31 PricewaterhouseCoopers LLP 2001 MARKET ST SUITE 1800 PHILADELPHIA PA 19103 990 2018-01-01 472836992 Texas Medical Center Foundation % DENISE CASTILLO-RHODES TEXA 7137916104 2450 HOLCOMBE BLVD SUITE 1 HOUSTON TX 77021 DENISE CASTILLO-RHODES EVP, CFO 7137916104 2019-11-04 true ERIC M MCNEIL P00460263 2673303000 167.68.125.77 23522320193095000000 2019-11-05 P 7C276736B1F8534619D83B6F2AADECD8007A5E58 7C276736B1F8534619D83B6F2AADECD8007A5E58 2018 2020-04-17 16:48:07Z WILLIAM MCKEON 2450 HOLCOMBE BLVD SUITE 1 HOUSTON TX 77021 1944533 false X N/A X 2014 TX PROVIDE SUPPORT TO THE TEXAS MEDICAL CENTER. 4 3 30 30 0 173307 166477 873382 1673261 0 0 -91381 -103127 955308 1736611 1494003 1411468 0 0 4088079 5599283 125334 0 414875 3182239 4445383 8889655 11456134 -7934347 -9719523 582423 1592946 22108762 28022611 -21526339 -26429665 X SEE SCHEDULE O false false 8119933 1411468 1539271 SEE SCHEDULE O 1358356 0 133990 SEE SCHEDULE O 9478289 true true false false false false false false false false false false false false true true false true false false false false false false true false false true false true false false false false false false false false false false false false false true false false false true 40 0 true 30 true false false false false false true true false false false false false false X 4 3 false false false false false false false true true false false true true true true true true true false X DENISE CASTILLO-RHODES 7137916104 2450 HOLCOMBE BLVD SUITE 1 HOUSTON TX 77021 CHARLES W HALL DIRECTOR 1.0 2.0 X 0 0 0 O HOLCOMBE CROSSWELL DIRECTOR 1.0 1.0 X 0 0 0 J DOWNEY BRIDGWATER DIRECTOR 1.0 2.0 X 0 0 0 WILLIAM MCKEON PRESIDENT 1.0 41.0 X X 0 1778121 66174 ARTHUR GARSON DIRECTOR, HEALTH POLICY 40.0 0.0 X 689325 0 41642 ERIK HALVORSEN DIRECTOR, INNOVATION 40.0 0.0 X 384613 0 69867 LANCE BLACK MEDICAL DEVICE LEAD 40.0 0.0 X 202058 0 18348 LINDSAY FARRAR BROWN BUSINESS STRATEGIST 40.0 0.0 X 157568 0 53243 GWYNNETH BALLENTINE BUSINESS STRATEGIST 40.0 0.0 X 100655 0 22033 1534219 1778121 271307 5 false true false BOSTON CONSULTING GROUP 1221 MCKINNEY SUITE 3000 HOUSTON TX 606755200 CONSULTING 419944 JONES LANG LASALLE AMEANRICAS INC 200 EAST RANDOLPH DRIVE SUITE 4300 CHICAGO IL 60601 MAINTENANCE SERVICES 316538 UT TEXAS HSC AT HOUSTON PO BOX 20186 HOUSTON TX 77225 CONSULTING 146250 BAYLOR COLLEGE OF MEDICINE ONE BAYLOR PLAZA HOUSTON TX 77030 CONSULTING 133334 LYNDA CHIN 11 SHADDER WAY HOUSTON TX 77019 CONSULTING 125000 6 131560 34917 0 166477 INSTITUTES 900099 1539271 1539271 TMC3 900099 133990 133990 1673261 0 0 0 0 0 0 0 104795 131560 207922 -103127 -103127 0 0 0 0 0 0 0 1736611 1673261 -103127 1411468 1411468 0 0 0 0 0 4307834 3885139 257605 165090 138861 124461 7812 6588 903472 809782 50826 42864 249116 227609 16818 4689 0 215792 206899 8893 0 0 0 0 1299482 1140143 116439 42900 837568 -57881 883228 12221 51235 47213 4022 0 0 20062 19462 600 438526 382374 23590 32562 0 594026 366274 121918 105834 0 0 130063 129680 383 27221 27221 FACILITIES MAINTENANCE 608165 552176 55811 178 ADMIN & GENERAL 206826 190736 14411 1679 ALL OTHER EXPENSES 16417 15533 997 -113 11456134 9478289 1562970 414875 33071 358612 0 0 0 715570 356800 391177 0 0 0 0 100000 75000 0 0 82552 42587 0 0 0 0 0 0 0 0 0 0 10000 10000 582423 1592946 1151684 262533 0 0 93395 7300 0 0 0 0 0 0 0 0 0 0 20863683 27752778 22108762 28022611 X -21526339 -26429665 0 0 0 0 -21526339 -26429665 582423 1592946 X -9719523 4816197 X false true X true false X X X 1 TEXAS MEDICAL CENTER 741030788 10 true 0 0 1 0 0 true false false false false false false false false false false false false false false true false RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 PAYABLE TO TEXAS MEDICAL CENTER 27727778 PAYABLE TO TMC VENTURE FUND 25000 27752778 X 1944533 1944533 -207922 -207922 1736611 11664056 207922 207922 11456134 11456134 UNCERTAIN TAX POSITIONS FORM 990, SCHEDULE D, PART X, LINE 2 AS OF DECEMBER 31, 2018 AND 2017, THE CORPORATION HAS NO MATERIAL LIABILITIES RELATED TO UNCERTAIN TAX POSITIONS. FORM 990, SCHEDULE D, PART XI, LINE 4B FUNDRAISING EVENT EXPENSE -207,922 FORM 990, SCHEDULE D, PART XII, LINE 2D FUNDRAISING EVENT EXPENSE 207,922 DINI SPHERIS FUNDRAISING CONSULTING false TX GOLF TOURNAMENT 231646 131560 100086 43629 154024 10269 TOYS FOR TOTS 4709 4709 0 236355 131560 104795 43629 154024 10269 207922 -103127 true THE UNIVERSITY OF TEXAS HEALTH SCIENCE CTR 7000 FANNIN HOUSTON TX 77030 741761309 281361 HEALTH EDUCATION BAYLOR COLLEGE OF MEDICINE ONE BAYLOR PLAZA HOUSTON TX 77030 741613878 501(C)(3) 143000 MEDICAL POLICIES HARRIS COUNTY HOSPITAL DISTRICT FOUNDATION 2525 HOLLY HALL SUITE 292 HOUSTON TX 77054 760408224 501(C)(3) 75600 RESEARCH RICE UNIVERSITY 6100 Main St HOUSTON TX 77005 741109620 501(C)(3) 7000 MEDICAL RESEARCH TEXAS HEART INSTITUTE 6770 BERTNER AVENUE MC 3-116 HOUSTON TX 77030 746053200 501(C)(3) 203273 HEALTH EDUCATION TEXAS SOUTHERN UNIVERSITY 3100 Cleburne St HOUSTON TX 77004 741620415 501(C)(3) 8364 ECONOMIC DEVELOPMENT MD ANDERSON CANCER CENTER 1515 HOLCOMBE BLVD HOUSTON TX 77030 746001118 443174 MEDICAL RESEACH UNIVERSITY OF HOUSTON SYSTEM PO BOX 988 HOUSTON TN 77001 746001399 19993 MEDICAL RESEARCH TEXAS ECONOMIC DEVELOPMENT CORPORATION PO BOX 684702 AUSTIN TX 78768 742619492 501(C)(3) 200000 ECONOMIC DEVELOPMENT HOUSTON ACADEMY OF MEDICINE 1133 JOHN FREEMAN BLVD HOUSTON TX 77030 741277657 501(C)(3) 20000 RESEARCH AND EDUCATION 10 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 USE OF THE GRANT FUNDS. X X X X X true false false false false false false false false WILLIAM MCKEON PRESIDENT 0 1224000 0 367200 0 186921 0 27500 0 38674 0 1844295 0 0 ARTHUR GARSON DIRECTOR, HEALTH POLICY 612000 0 0 0 77325 0 16500 0 25142 0 730967 0 0 0 ERIK HALVORSEN DIRECTOR, INNOVATION 347910 0 0 0 36703 0 27500 0 42367 0 454480 0 0 0 LANCE BLACK MEDICAL DEVICE LEAD 153000 0 45900 0 3158 0 18348 0 0 0 220406 0 0 0 LINDSAY FARRAR BROWN BUSINESS STRATEGIST 128177 0 23183 0 6208 0 15223 0 38020 0 210811 0 0 0 SCHEDULE J, PART I, LINE 4A ERIK HALVORSEN RECEIVED A SEVERANCE PAYMENT OF $14,842 MISSION STATEMENT FORM 990, PART I, LINE 1 AND PART III, LINE 1 TO PROVIDE SUPPORT TO THE TEXAS MEDICAL CENTER, A TEXAS NONPROFIT CORPORATION DESCRIBED IN IRC SECTION 501(C)(3). PROGRAM SERVICE ACTIVITY #1 FORM 990, PART III, LINE 4A TEXAS MEDICAL CENTER FOUNDATION HAS FOUR INSTITUTES THAT FOSTER COLLABORATION ACROSS TMCS MEMBER INSTITUTIONS: 1) TO BECOME THE GLOBAL LEADER IN HEALTH AND LIFE SCIENCES INNOVATION; 2) TO DEVELOP THE MOST EFFECTIVE POLICY SOLUTIONS TO IMPROVE THE HEALTH OF DIVERSE POPULATIONS IN HOUSTON AND THE WORLD; 3) TO BE THE WORLD LEADER IN CLINICAL RESEARCH; 4) TO DISCOVER, DEVELOP AND DELIVER CURATIVE REGENERATIVE THERAPIES. PROGRAM SERVICE ACTIVITY #2 FORM 990, PART III, LINE 4B TMC3, THE THIRD COAST, IS A TRANSLATIONAL RESEARCH CAMPUS THAT LEVERAGES SHARED CORE LABORATORIES AND FOSTERS INTER-INSTITUTIONAL ALLIANCES TO CATALYZE THE DISCOVERY OF NEW DRUGS, MEDICAL DEVICES, DIAGNOSTICS AND DIGITAL PLATFORMS IN CONJUNCTION WITH COMMERCIAL PARTNERS, WHILE PROVIDING LIVE-WORK-PLAY ECOSYSTEM TO FOSTER INTERACTIONS INSIDE AND OUTSIDE OF THE LABORATORY. 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 IN 2017, TEXAS MEDICAL CENTER'S PRESIDENT COMPENSATION WAS ANALYZED BY AN INDEPENDENT COMPENSATION CONSULTANT WHICH USED COMPARABILITY DATA TO ASSESS COMPENSATION FOR THESE INDIVIDUALS. COMPENSATION FOR OTHER VICE PRESIDENTS WAS REVIEWED. THE TOTAL COMPENSATION BUDGET IS ACCEPTED BY THE COMPENSATION COMMITTEE AND RATIFIED BY THE BOARD OF DIRECTORS. SECTION B, LINE 19 - PUBLIC DISCLOSURE OF GOVERNING DOCUMENTS TEXAS MEDICAL CENTERS FOUNDATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART XI, RECONCILIATION OF NET ASSETS LINE 9 - OTHER CHANGES IN NET ASSETS OR FUND BALANCES OTHER CHANGES IN NET ASSETS $4,816,197 FORM 990 PART IX LINE 11G DESCRIPTION:CONSULTING TOTAL FEES:1299482 TEXAS MEDICAL CENTER 2450 HOLCOMBE BLVD SUITE 1 HOUSTON TX 77021 741030788 SUPPORT TX 501(c)(3) 10 na false TEXAS MEDICAL CENTER VENTURE FUND 2450 HOLCOMBE BLVD SUITE 1 HOUSTON TX 77021 823136541 SUPPORT TMC TX 501(C)(3) 12A TYPE 1 TMC false false false false false false false false false false false false false false true false true false true