2013-05-14T14:21:02-05:00 2012-06-30 861065772 DELOITTE 1111 BAGBY STREET SUITE 4500 HOUSTON TX 770022591 990 2011-07-01 741613878 BAYLOR COLLEGE OF MEDICINE BAYL 7137985627 ONE BAYLOR PLAZA No T100 HOUSTON TX 770303498 Kimberly C David CFO 7137985627 2013-05-14 DOUG ROBB P00780826 7139822000 2011 2016-02-24 21:20:13Z Paul E Klotman MD ONE BAYLOR PLAZA No T100 HOUSTON TX 770303498 1448236165 0 X www.bcm.edu X 1900 TX Please see page 2, line 1. 48 48 11187 1950 660221 -746845 922114017 999783958 261132707 265218565 23091475 63680230 23049951 18426122 1229388150 1347108875 79433709 81783252 0 0 732252723 790911268 0 0 4278979 434767021 466857880 1246453453 1339552400 -17065303 7556475 2186970862 2203755257 1177000110 1297744773 1009970752 906010484 X Baylor College of Medicine is committed to advancing human health through the integration of patient care, research, education and community service. 0 0 613229683 56841648 250212213 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. BAYLOR STUDENTS AND RESIDENTS SPEND MUCH OF THEIR EDUCATION AND TRAINING IN THE COLLEGE'S SEVEN PRIMARY CARE AFFILIATED TEACHING HOSPITALS WHERE BAYLOR FACULTY ALSO PROVIDE PATIENT CARE. 366418824 2748584 RESEARCH - BAYLOR 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. 99007923 37040439 13968927 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, BAYLOR'S PRIMARY GOAL IS TO EDUCATE MEDICAL SCHOOL STUDENTS AND TRAIN MEDICAL SCHOOL GRADUATES. BAYLOR ALSO PLACES EMPHASIS ON THE EDUCATION OF MEDICAL RESEARCH AND ALLIED HEALTH PERSONNEL. 28230995 945768 1513261 ACADEMIC SUPPORT - DEPARTMENTAL TEACHING AND RESEARCH SUPPORT FUNDS FROM VARIOUS DONORS AND SOURCES. RESEARCH AND INSTRUCTION EFFORTS ARE INCLUDED IN ACADEMIC SUPPORT. LIBRARY EXPENSES ARE ALSO INCLUDED IN THIS CATEGORY. RESEARCH - BAYLOR 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. 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. BAYLOR STUDENTS AND RESIDENTS SPEND MUCH OF THEIR EDUCATION AND TRAINING IN THE COLLEGE'S SEVEN PRIMARY CARE AFFILIATED TEACHING HOSPITALS WHERE BAYLOR FACULTY ALSO PROVIDE PATIENT CARE. 28230995 945768 1513261 1106887425 1 1 0 1 0 0 0 0 0 1 1 1 1 1 1 1 0 1 1 0 1 1 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 1 1 1 0 0 1 X 1320 0 1 11187 1 1 1 1 UK CJ 0 0 0 1 1 0 0 0 0 X 48 48 1 0 0 0 0 1 1 1 1 0 0 1 1 1 1 1 1 1 1 1 1 X Kimberly Cotner David 7137981543 ONE BAYLOR PLAZA 110C HOUSTON TX 77030 X Barbara B Allbritton 2.00 X 0 0 0 Robert H Allen 5.00 X 0 0 0 John F Anderson MD 1.00 X 0 0 0 Laura E Arnold 3.00 X 0 0 0 David C Baldwin 2.00 X 0 0 0 Gregory D Brenneman 2.00 X 0 0 0 Robert L Brewton 4.00 X 0 0 0 Robert T Brockman 2.00 X 0 0 0 Philip J Burguieres 12.00 X 0 0 0 Pastor K H Caldwell 2.50 X 0 0 0 W Fred Cameron 2.00 X 0 0 0 James Y Chao 8.00 X 0 0 0 Sally Anderson Clark 2.00 X 0 0 0 Milane Duncan-Frantz 3.00 X 0 0 0 James C Flores 2.00 X 0 0 0 James T Hackett 4.00 X 0 0 0 Gerald W Haddock 7.00 X 0 0 0 Larry P Heard 5.00 X 0 0 0 Paul W Hobby 4.00 X 0 0 0 Ned S Holmes 1.50 X 0 0 0 Jack Hunt 2.00 X 0 0 0 Jodie L Jiles 2.00 X 0 0 0 Elise Elkins Joseph 2.00 X 0 0 0 Carolyn Dineen King 5.00 X 0 0 0 C Berdon Lawrence 1.50 X 0 0 0 Jack E Little Ph D 1.00 X 0 0 0 Fred R Lummis 4.00 X 0 0 0 Drayton McLane Jr 2.00 X 0 0 0 Robert C McNair 2.00 X 0 0 0 Trinidad Mendenhall Sosa 1.00 X 0 0 0 John L Nau III 2.00 X 0 0 0 Lyndon L Olson Jr 2.00 X 0 0 0 R Randall Onstead Jr 1.00 X 0 0 0 Thomas R Powers 5.00 X 0 0 0 Harry M Reasoner 5.00 X 0 0 0 William K Robbins Jr 2.50 X 0 0 0 Corbin J Robertson Jr 3.00 X 0 0 0 Ali A Saberioon 2.00 X 0 0 0 AR Tony Sanchez Jr 2.00 X 0 0 0 Marc J Shapiro 15.00 X 0 0 0 Glenn R Smith 1.00 X 0 0 0 Lester H Smith 1.00 X 0 0 0 Kenneth W Starr 3.50 X 0 0 0 H Ben Taub 2.00 X 0 0 0 Chuck Watson 5.00 X 0 0 0 Mark W White 2.00 X 0 0 0 Charles A Williams 1.00 X 0 0 0 Wallace S Wilson 1.00 X 0 0 0 Kimberly David 50.00 X 533982 0 19538 S Greenberg 50.00 X 522119 0 19538 J D Holcomb 50.00 X 220859 0 18288 Stephen Spann 50.00 X 532082 0 19538 Adam Kuspa 50.00 X 358882 0 19538 Stephen Sigworth 50.00 X 446831 0 19538 Paul Klotman 50.00 X 1368366 0 19538 Robert F Corrigan Jr 50.00 X 383882 0 18853 N Kathuria 50.00 X 511950 0 19538 Lorie Tabak 50.00 X 386142 0 19091 Thomas Michael Wheeler 50.00 X 916975 0 19538 Michael A Belfort 50.00 X 911898 0 19276 Michael Coburn 50.00 X 687717 0 19538 Mark W Kline 50.00 X 648662 0 19538 David E Wesson 50.00 X 679009 0 19538 William D Walker 50.00 X 727108 0 19538 Joseph Coselli 50.00 X 1995170 0 19538 Charles Fraser 50.00 X 1551302 0 19538 Larry Lipshultz 50.00 X 876485 0 19538 John A Goss 50.00 X 1005555 0 19538 Darrell Scott Hanson 50.00 X 836550 0 19538 Bobby Alford 50.00 X 456855 0 0 W Brinkley 50.00 X 208472 0 17480 William Butler MD 50.00 X 367644 0 19538 J Jarriel 50.00 X 333214 0 19538 Susan Hamilton 50.00 X 427047 0 19538 Lisa Kennedy 50.00 X 416024 0 12467 R Caillouet 50.00 X 346082 0 12038 Hiram Gilbert PhD 50.00 X 265412 0 19538 Kristi Cooper 50.00 X 198966 0 16444 Tom Kleinworth 50.00 X 274558 0 19538 Donna Kay Sollenberger 50.00 X 1423252 0 0 Peter Traber former 50.00 X 850000 0 0 21669052 0 563773 1831 1 1 0 Linbeck Group LLC 3900 Essex Lane Suite 1200 Houston TX 77027 Construction 7253096 W S BELLOWS CONSTRUCTION CORP 1018 ST AGNES HOUSTON TX 77030 CONSTRUCTION 2829931 JOHN L WORTHAM & SONLLP 2727 ALLEN PARKWAY HOUSTON TX 77019 INSURANCE 2314397 WHR ARCHITECTS INC 1111 LOUISIANA HOUSTON TX 77002 ARCHITECTURE 1884975 FULBRIGHT & JAWORSKI LLP 1301 MCKINNEY SUITE 5100 HOUSTON TX 77010 LEGAL SERVICES 1255203 29 1335004 286232 517735765 480426957 17632205 999783958 Educational programs 621110 251249638 250212213 1037425 Tuition and fees 611600 13619038 13619038 Interest: student loan 525990 349889 349889 265218565 24952745 9698 24943047 1806 1806 11748762 11748762 26339 0 26339 26339 878 25461 16763277 122801048 0 100838646 16763277 21962402 38725679 -22137 38747816 183604 1335004 288473 -104869 -104869 21360 171 21189 21189 Parking for employees 531190 3727162 3727162 Rental of facilities 531120 1490985 1490985 Expert witness fees 541900 1070410 1070410 446144 442851 -365643 368936 6734701 1347108875 265694401 660221 80970295 79075243 79075243 2708009 2708009 9859746 4116319 5743427 348852 348852 666722761 612484126 51551953 2686682 24094364 23228206 725769 140389 34509789 33269212 1039501 201076 55375756 53385077 1668024 322655 4075622 121772 3953850 1019594 437430 582164 2983297 2983297 175585534 145818950 29600736 165848 55953 44553 11400 10780882 7741775 2949729 89378 7213933 5286600 1912447 14886 28792053 18449466 10342587 8926964 8562071 337384 27509 2378351 2244968 133383 31134398 2878246 28256152 68926990 50001008 18411114 514868 19859975 2439809 17419175 991 Supplies & other 70148527 35005460 35059228 83839 Bad debt expenses, etc. 13667035 149332 13516414 1289 Retire bonds 10698357 10161711 531359 5287 Employee recruiting 6223051 5351638 868359 3054 4387364 3926444 439692 21228 1339552400 1106887425 228385996 4278979 29233231 44129893 131382783 155770232 133824505 166916816 357449435 440533682 2833469 4582706 12551739 11295278 1142917066 602981004 625627664 539936062 571095322 488080219 297738906 327807252 18802686 18743001 6431122 5960116 2186970862 2203755257 466667626 598024674 66462607 64957481 6766694 6090786 578826448 570666679 55368265 54569696 2908470 3435457 1177000110 1297744773 X 269164294 127499587 380952449 409362460 359854009 369148437 1009970752 906010484 2186970862 2203755257 X 7556475 -111516743 X 0 1 1 X 1 1 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1 1 0 0 0 0 1 1021047 0 0 1021047 0 Explanation of Lobbying Activities: Part II-B, Line 1: Line 1(I) and Line 1(G), Direct Contact and other lobbying activities: All lobbying expenses consist of salaries and general administrative expenses of employees of the college. Infrequently, college alumni and some board members are requested to contact their state representative to support the appropriate legislation to support the college. 839779347 21739638 -1574109 62668277 797276599 793303356 32598886 169899819 156022714 839779347 719348878 14371052 113514429 53931002 793303356 1092000749 18050529 -232873845 157828555 719348878 0.32530 0.67030 0.00440 1 0 2152455 12367733 14520188 656371471 267679847 388691624 103993745 71250955 32742790 364839983 261925469 102914514 3191679 2124733 1066946 539936062 Abry Mezzanine Partners, L.P. 1196553 F Abry Partners V, L.P. 4359766 F Abry Partners VI, L.P. 9091048 F Abry Partners VII, L.P. 1788116 F Abry Senior Equity II, L.P. 3648177 F Auxeris Therapeutics, 946 shares 1 F Baylor Medical Foundation 31193500 F BCM Technologies, 1, L.P. 1322900 F BCM Technologies, Inc. 10955752 F Bridgepoint Europe II A LP 2200312 F CSFP Global Opportunities Fund 8939 F DLJ Merchant Banking Partners III, L.P. 3528520 F Fairway Medical Tech, Inc. 1 F FHJ Scientific 1 F Finger 1% Limited partnership interest 138189 F Gene Excel, Inc. 1 F GMO & Co. LLC 48616253 F Hicks, Muse, Tate & Furst V, L.P. 985458 F Horsley Bridge III LP 23240891 F Horsley Bridge International V LP 4231398 F Horsley Bridge IV LP 20091878 F Horsley Bridge IX LP 12890407 F Horsley Bridge VII LP 22638190 F Horsley Bridge VIII LP 22611462 F Hudson Partnership, Ltd. 100000 F Ingenex, Inc. 1 F JPM Income & Growth Real Estate Fund, L.P. 27089616 F King Ranch Investment 8357265 F King Ranch Investments, L.P. 26006 F OCM Opportunities Fund VI L.P. 2480384 F OCM Opportunities Fund VII L.P. 5906210 F OCM Opportunities Fund VIIb L.P. 6098765 F Private equity fair value adjustment 4960547 F Progression Therapeutics, Inc. 1000 F RREEF America Real Estate Fund, L.P. 21000111 F Sennes Drug Innovations, Inc. (AGIS) 1 C StepstoneMed, Inc. 1 C Thomas H. Lee Equity Fund V, L.P. 4627183 F TSG4 L.P. 7467587 F TSG5, L.P. 14818940 F USRC LP Bellaire & Scott 135922 F 327807252 Other assets 5960116 5960116 Other liabilities - Gift annuities 3435457 3435457 Description of Intended Use of Endowment Funds: Part V, Line 4: PART V, LINE 4 - INTENDED USE OF ENDOWMENT FUNDS: The endowment funds are used to fund medical research and medical education, including scholarships and student loan funds. FIN 48 FOOTNOTE - UNCERTAINTY IN INCOME TAXES - ASC 740: In the consolidated audited financial statements for the year ended June 30, 2012, the footnote to the financial statements addressing the reporting requirements of FIN 48 reads as follows: "ASC 740, Income Taxes, creates a single model to address uncertainty in tax positions and clarifies the accounting for income taxes by prescribing the minimum recognition threshold a tax position is required to meet before being recognized in the financial statements. Under the requirements of ASC 740, tax-exempt organizations could now be required to record an obligation as the result of a tax position they have historically taken on various tax exposure items. Prior to ASC 740, tax liabilities were recorded as incurred. There are no material unrecorded tax liabilities as June 30, 2012 and 2011." 1 1 1 1 1 1 1 0 0 0 0 0 0 0 0 1 0 1 Explanation of Nondiscriminatory Policy Publication Schedule E, Part I, Line 3 The college includes a statement of its racially nondiscriminatory policy as to students in all its brochures and catalogs dealing with admissions, programs and scholarships. Explanation of Government Financial Assistance Schedule E, Part I, Line 6 Baylor College of Medicine participates in the federal student loan programs, Perkins Primary Care Loans and Loans for Disadvantaged Students. The U.S. government provides the money that the college loans to students at 5% interest. The principal and interest collected from the students are used to reloan to other students. Baylor College of Medicine receives aid and assistance from government agencies, including medical research grants from NIH, NSF, DOD, USDA, NASA, DOJ, TITLE IV Funding, Perkins and Federal workstudy from the Department of Education. State agencies include the Texas Coordinating Board, the DSHS (Dept of State Health Services) and the Department of Transportation. Local agencies include the Harris County Hospital District and the City of Houston. 1 EUROPE GRANTS TO RECIPIENTS LOCATED IN REGION FOR HOSPITAL CONSTRUCTION Grants for pediatric aids prevention and care 548085 SUB-SAHARAN AFRICA GRANTS TO RECIPIENTS LOCATED IN REGION FOR HOSPITAL CONSTRUCTION Grants for pediatric aids prevention and care 2159924 UNITED KINGDOM Limited partnership investment 2200312 0 0 0 0 0 0 4908321 0 4908321 Europe Provide pediatric aids prevention and care 548085 Wire transfer to local bank account of the organization S-Sahara Africa Provide pediatric aids prevention and care 2159924 Wire transfer to local bank account of the organization 2 1 0 1 1 1 0 Procedure for Monitoring Grants Outside the U.S.: Schedule F, Part I, Line 2: The majority of the people on the board of the organizations are employees of Baylor College of Medicine, and employees of a related organization, Baylor International Pediatric Aids Initiative. These board members are therefore able to control the board and monitor the activities of the various non governmental organizations through board oversight. 0 Pink Ribbon House Project 537546 431817 105729 416 26325 64301 Friends for the Prevention of Heart 800872 760372 40500 7533 38190 30905 2 180190 142815 37375 9383 297 111123 1518608 1335004 183604 7949 73898 297 206329 288473 -104869 1 Scholarships and Fellowships for students 2885 79075243 n/a n/a Procedure for Monitoring Grants in the U.S.: Part I, Line 2: Schedule I, Part I, Line 2: Grants and other assistance to individuals are provided in the form of Stipends to Residents, Post Docs, and Graduate Students. The Stipends are subject to all of the payroll system controls, time sheets, time and effort reporting and other payroll controls. The remaining grants use tuition scholarships which are applied directly to tuition and fees within the accounting system to which the student has no access. X 1 1 X X X X X 1 0 0 0 0 0 0 0 0 Kimberly David 408442 0 125000 0 540 0 12778 0 6760 0 553520 0 0 0 S Greenberg 509058 0 1670 0 11391 0 12778 0 6760 0 541657 0 0 0 J D Holcomb 208627 0 0 0 12232 0 11528 0 6760 0 239147 0 0 0 Stephen Spann 522518 0 6000 0 3564 0 12778 0 6760 0 551620 0 0 0 Adam Kuspa 351140 0 0 0 7742 0 12778 0 6760 0 378420 0 0 0 Stephen Sigworth 446291 0 0 0 540 0 12778 0 6760 0 466369 0 0 0 Paul Klotman 890862 0 450500 0 27004 0 12778 0 6760 0 1387904 0 0 0 Robert F Corrigan Jr 382763 0 0 0 1119 0 12717 0 6136 0 402735 0 0 0 N Kathuria 441140 0 70000 0 810 0 12778 0 6760 0 531488 0 0 0 Lorie Tabak 385602 0 0 0 540 0 12331 0 6760 0 405233 0 0 0 Thomas Michael Wheeler 790065 0 108338 0 18572 0 12778 0 6760 0 936513 0 0 0 Michael A Belfort 711153 0 199551 0 1194 0 12758 0 6518 0 931174 0 0 0 Michael Coburn 634145 0 39330 0 14242 0 12778 0 6760 0 707255 0 0 0 Mark W Kline 647420 0 0 0 1242 0 12778 0 6760 0 668200 0 0 0 David E Wesson 543888 0 131557 0 3564 0 12778 0 6760 0 698547 0 0 0 William D Walker 475186 0 249600 0 2322 0 12778 0 6760 0 746646 0 0 0 Joseph Coselli 1991298 0 500 0 3372 0 12778 0 6760 0 2014708 0 0 0 Charles Fraser 1543560 0 0 0 7742 0 12778 0 6760 0 1570840 0 0 0 Larry Lipshultz 872294 0 0 0 4191 0 12778 0 6760 0 896023 0 0 0 John A Goss 1004745 0 0 0 810 0 12778 0 6760 0 1025093 0 0 0 Darrell Scott Hanson 832110 0 3900 0 540 0 12778 0 6760 0 856088 0 0 0 Bobby Alford 0 0 455652 0 1203 0 0 0 0 0 456855 0 0 0 W Brinkley 198824 0 0 0 9648 0 10720 0 6760 0 225952 0 0 0 William Butler MD 351662 0 0 0 15982 0 12778 0 6760 0 387182 0 0 0 J Jarriel 330892 0 0 0 2322 0 12778 0 6760 0 352752 0 0 0 Susan Hamilton 423483 0 0 0 3564 0 12778 0 6760 0 446585 0 0 0 Lisa Kennedy 175288 0 60000 0 180736 0 9103 0 3364 0 428491 0 0 0 R Caillouet 164753 0 0 0 181329 0 8674 0 3364 0 358120 0 0 0 Hiram Gilbert PhD 258916 0 0 0 6496 0 12778 0 6760 0 284950 0 0 0 Kristi Cooper 181525 0 17050 0 391 0 9684 0 6760 0 215410 0 0 0 Tom Kleinworth 270994 0 0 0 3564 0 12778 0 6760 0 294096 0 0 0 Donna Kay Sollenberger 0 0 0 0 1423252 0 0 0 0 0 1423252 0 0 0 Peter Traber former 0 0 0 0 850000 0 0 0 0 0 850000 0 0 0 Part I, Line 1a Part I, Line 1A: BAYLOR COLLEGE OF MEDICINE OFFERS A FACULTY CHILDREN'S SCHOLARSHIP PROGRAM FOR DEPENDENT CHILDREN OF ELIGIBLE FACULTY AND DESIGNATED STAFF EMPLOYEES. THE COLLEGE PAYS UP TO A MAXIMUM OF $4,500 ANNUALLY PER CHILD. A CHILD CAN RECEIVE A MAXIMUM OF FOUR (4) ANNUAL SCHOLARSHIP AWARDS. THE TOTAL ANNUAL BENEFIT AMOUNT IS $6,500 AND THE ENTIRE AMOUNT OF THIS BENEFIT IS TAXABLE TO THE EMPLOYEE. THE TOTAL REPRESENTS THE $4,500 PAYMENT TO THE CHILD'S COLLEGE AND AN ADDITIONAL $2,000 TO OFFSET THE FEDERAL INCOME TAXES. THIS ASSUMES THE ENTIRE $6,500 IS THE PAYMENT. IF THE BENEFIT IS REDUCED, THE INCOME TAX OFFSET IS REDUCED AS WELL. IN OTHER WORDS, $6,500 IS ADDED TO THE EMPLOYEE'S TAXABLE INCOME; THEREFORE, THE BENEFIT MAY AFFECT THE EMPLOYEE'S TAX BRACKET. Part I, Line 4a Peter Traber, a former president of Baylor College of Medicine, received a severance payment of $850,000. HARRIS COUNTY HEALTH FACILITIES DEVELOPMENT 561284201 414152RNO 2007-11-15 400000000 BUILD A HOSPITAL 0 0 0 HARRIS COUNTY HEALTH FACILITIES DEVELOPMENT CORPORATION 561284201 414152SA7 2008-06-18 157730000 REFUND BONDS ISSUED 11/15/07 0 0 0 HARRIS COUNTY CULTURAL EDUCATION FACILITIES FINANCE CORP 760337885 414008AA0 2008-08-27 251893440 REFUND BONDS ISSUED 6/11/99 AND 8/3/05 0 0 0 HARRIS COUNTY HEALTH FACILITIES DEVELOPMENT 561284201 414152RQ3 2007-11-15 200000000 BUILD A HOSPITAL 0 0 0 297610000 441602633 41602663 2397333 11318849 386283788 0 0 1 1 58440000 157730000 2073263 656737 155000000 1 0 1 1 21260000 251893440 16445048 2955947 27500 232464945 2006 1 0 1 1 10655000 204694399 4694399 998667 199001333 0 0 1 1 0 1 0 0 0.01000 0.00000 0.01000 1 0 1 0 1 0 0.01000 0.00000 0.01000 1 0 1 0 0 0.01000 0.00000 0.01000 1 0 1 0 0 0.01000 0.00000 0.01000 1 0 1 1 MerrillLynchBarclay 39.000000000000 0 0 1 FSA Capital Mgmt 1 0 1 0 1 1 Merrill LynchBarclays 39.200000000000 0 0 1 FSA Capital Mgmt 1 0 1 0 0 0 0 0 1 0 1 1 merrill LynchBarclays 39.000000000000 0 0 1 Royal Bank of Canada 1 0 0 Schedule K 1) Form 8038-T not filed due to rebate calculation of 12/5/12 showing no liability due, so no filing needed. 2) Total proceeds from Bond Issues A and D include interest earned of $4,694,399 and $41,602,663 respectively. Some space is leased out to provide cafeteria services for employees and students. BoA/Merrill Lynch provides $45M interest rate swaps, Barclays provides $105M interest rate swaps. Dr Raye Lynn Alford See Schedule O 84663 0 Nathalie Kim Roff See Schedule O 53076 0 X 25 727559 value of the gift X med. devices 898 16904646 cost 0 1 1 Third Party Use: Part I, Line 32b: The College receives donations in the form of common stock and other publicly traded securities and has hired licensed brokers to sell these securities for the College. Form 990, Part V, line 4B LIST OF FOREIGN COUNTRIES: UNITED KINGDOM AND CAYMAN ISLANDS Form 990, Part VI, Section A, line 2 FORM 990, PART VI, SECTION A, LINE 2 FAMILY RELATIONSHIPS: TRUSTEE SALLY ANDERSON CLARK AND TRUSTEE JOHN ANDERSON, M.D. TRUSTEE MILANE DUNCAN-FRANTZ AND TRUSTEE CHARLES WILLIAMS BUSINESS RELATIONSHIPS: TRUSTEE MARC SHAPIRO AND TRUSTEE PHILIP J. BURGUIERES TRUSTEE PAUL W. HOBBY AND TRUSTEES FRED LUMMIS,BOB McNAIR AND JAMES FLORES TRUSTEE R. RANDALL ONSTEAD, JR. AND TRUSTEE FRED LUMMIS Form 990, Part VI, Section A, line 7a THE TRUSTEES SHALL BE DIVIDED INTO TWO GROUPS, ONE OF SUCH GROUPS TO BE COMPRISED OF AT LEAST ONE FOURTH OF THE MAXIMUM NUMBER OF TRUSTEES. THE OTHER SUCH GROUP TO BE COMPRISED OF THE REMAINDER OF THE NUMBER OF TRUSTEES. THE FIRST GROUP OF TRUSTEES (25%) SHALL BE ELECTED BY THE BAYLOR UNIVERSITY BOARD AND SUCH BOARD SHALL ALSO DETERMINE THE TERMS OF OFFICE FOR SUCH GROUP. Form 990, Part VI, Section A, line 7b CERTAIN ASSETS OWNED BY BAYLOR UNIVERSITY AND CONVEYED TO BCM WHEN BAYLOR UNIVERSITY TRANSFERRED ASSETS TO BCM HAVE CERTAIN LIMITATIONS AS TO USE AND BAYLOR UNIVERSITY RETAINED CERTAIN OTHER RIGHTS DESCRIBED BELOW. IN ADDITION, CERTAIN CORPORATE ACTIONS REQUIRE THE PRIOR APPROVAL OF BAYLOR UNIVERSITY. ANY DISSOLUTION, MERGER, OR CONSOLIDATION MUST BE APPROVED BY BOTH A MAJORITY OF THE TRUSTEES OF THE CORPORATION AND A MAJORITY OF THE MEMBERS OF THE BOARD OF TRUSTEES OF BAYLOR UNIVERSITY. NO SUCH PLAN OF MERGER, CONSOLIDATION, OR DISSOLUTION SHALL BE ADOPTED UNLESS SUCH PLAN REQUIRES THE ASSETS TO BE TRANSFERRED TO THE NEW ENTITY WHICH IS A PRIVATE, NON-PROFIT SCIENTIFIC OR EDUCATIONAL CORPORATION, TRUST, OR ASSOCIATION, OR TO SOME GOVERNMENTAL AGENCY OR ORGANIZATION ENGAGED IN CHARITABLE, SCIENTIFIC, OR EDUCATIONAL ACTIVITIES. Form 990, Part VI, Section B, line 11 Line 11a explanation - A COPY OF FORM 990 IS PROVIDED TO THE ORGANIZATION'S GOVERNING BOARD OF TRUSTEES FOR REVIEW AND QUESTIONS BEFORE FILING. THE AUDIT COMMITTEE REVIEWS FORM 990 TO MAKE SURE IT IS COMPLETE BEFORE SUBMITTING IT TO THE TRUSTEES FOR THEIR APPROVAL. MANAGEMENT THEN PRESENTS FORM 990 TO THE TRUSTEES AND MAKES ITSELF AVAILABLE TO ANSWER THEIR QUESTIONS. Form 990, Part VI, Section B, line 12c The President of the College appoints a Conflict of Interest Committee that has responsibility for administering and interpreting the policy. The Conflict of Interest Committee meets as often as its Chairman shall determine, and it periodically reports on its activities to the President, to the Academic Council, and to the Audit committee of the Board of Trustees of the College. Any disclosures mandated under the policy are reviewed and disposed of in advance by the Conflict of Interest Committee and are reported periodically to the Audit Committee of the College's Board of Trustees. Decisions of the Committee may be appealed to the President of the College through the electronic conflict of interest disclosure system. Each officer, director, and trustee is required to read the policy,answer a questionnaire and sign the questionnaire annually. There will be an appropriate follow up if all of the questionnaires are not returned. The committee makes a good faith effort to obtain all of the signed questionnaires. The Audit Committee of the Board of Trustees (or a Subcommittee appointed by the Audit Committee) is responsible for administering the trustee policy. The committee utilizes forms by which trustees periodically verify that they are in compliance with the policy. Such forms are distributed as determined by the Committee, which normally will be once a year. All communications regarding disclosures and determinations of conflict of interest are maintained in confidence. Form 990, Part VI, Section B, line 15 Annually, the College hires a qualified independent compensation consultant to review and assess current compensation, and any proposed modifications, for the president and chief executive officer, other senior officers, Chairs, Deans, vice presidents and those employees earning over a certain dollar threshold. The Management Development and Compensation Committee of the Board of Trustees (the "MD&C Committee") reviews and, in reliance on, the report from the independent compensation consultant, which includes an opinion on the "reasonableness" and "fair market value" of proposed compensation, may modify the compensation for the president and chief executive officer. The committee documents the basis for its determination on such compensation concurrently with making the determination. Annually, the president and chief executive officer, after consulting the report from the qualified independent compensation consultant, may recommend changes to compensation for other senior officers, Chairs, Deans, vice presidents and those employees earning over a certain dollar threshold. The MD&C Committee reviews the president's recommendation and, in reliance on the report from the independent compensation consultant, that includes an opinion on the "reasonableness" and "fair market value" of proposed compensation, may modify the compensation for other senior officers, Chairs, Deans, vice presidents and those employees earning over a certain dollar threshold. The committee documents the basis for its determination on such compensation concurrently with making the determination. The process for determining and modifying compensation for the president and chief executive officer, other senior officers, Chairs, Deans, vice presidents and those employees earning over a certain dollar threshold, includes a review and assessment by a qualified independent compensation consultant, which assessment includes comparability data, that the MD&C Committee considers and relies on before setting/modifying compensation for the president and chief executive officer, other senior officers, Chairs, Deans, vice presidents and those employees earning over a certain dollar threshold. The MD&C Committee documents the basis for its determination concurrently with making the determination. Form 990, Part VI, Section C, line 19 THE GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE MADE AVAILABLE UPON REQUEST. THE AUDITED FINANCIALS ARE ON THE COLLEGE'S WEB SITE THAT IS AVAILABLE TO THE PUBLIC. FORM 990, PART VI, SECTION A, LINE 6 THE ORGANIZATION DOES NOT HAVE MEMBERS PER ITS ARTICLES OF INCORPORATION. CERTAIN CORPORATE ACTIONS REQUIRE THE PRIOR APPROVAL OF BAYLOR UNIVERSITY. IN ADDITION, 25% OF BCM'S TRUSTEES SERVE AT THE PLEASURE OF BAYLOR UNIVERSITY. FORM 990, PART VI, SECTION A, LINE 2 FAMILY RELATIONSHIPS: TRUSTEE SALLY ANDERSON CLARK AND TRUSTEE JOHN ANDERSON, M.D. TRUSTEE MILANE DUNCAN-FRANTZ AND TRUSTEE CHARLES WILLIAMS BUSINESS RELATIONSHIPS: TRUSTEE MARC SHAPIRO AND TRUSTEE PHILIP J. BURGUIERES TRUSTEE PAUL W. HOBBY AND TRUSTEES FRED LUMMIS,BOB McNAIR AND JAMES FLORES TRUSTEE R. RANDALL ONSTEAD, JR. AND TRUSTEE FRED LUMMIS FORM 990, PART VI, SECTION A, LINE 1 THE MEMBERS OF THE EXECUTIVE COMMITTEE OF THE BOARD OF TRUSTEES ARE CHOSEN BY THE BOARD AND MUST BE TRUSTEES. THEY SHALL NOT NUMBER LESS THAN SEVEN MEMBERS AND AT LEAST ONE THIRD OF THE NUMBER OF MEMBERS OF THE EXECUTIVE COMMITTEE SHALL BE NECESSARY TO CONSTITUTE A QUORUM. EXCEPTIONS PROVIDED IN THE BYLAWS OF BAYLOR COLLEGE OF MEDICINE, SECTION 2.13. THEY SHALL HAVE AND MAY EXERCISE THE AUTHORITY OF THE BOARD OF TRUSTEES IN THE MANAGEMENT OF THE CORPORATION INCLUDING, BUT WITHOUT LIMITATION, THE AUTHORITY TO EXECUTE LEGAL INSTRUMENTS WITH OR WITHOUT THE CORPORATE SEAL. Officers and trustees and related organizations FORM 990, Part VII I. Officers and trustees of Baylor College of Medicine (BCM) who serve on the board of BCM Technologies, Inc. Robert H. Allen - BCM Trustee Jack Little, Ph.D. - BCM Trustee Fred Lummis - BCM Trustee Kim David - BCM Officer William Walker - BCM key employee Adam Kuspa - BCM officer Each devoted one hour each week to their duties. II. BCM employees and their positions at Baylor International Pediatric Aids Initiative (BIPAI) Mark Kline, M.D. - BCM employee is President and Chairman of the Board Doug Spade - BCM employee is VP and CFO of BIPAI Michael Mizwa - BCM employee and Secretary of BIPAI Joseph Kanewske - BCM employee and Treasurer of BIPAI Each devoted one hour each week to their duties. III. BCM trustee, H. Ben Taub, is the president and chairman of the board of the Baylor Medical Foundation. He devoted 1 hour per week to these duties. Changes in Net Assets or Fund Balances: Form 990, Part XI, line 5: Expenses from Schedule K-1s of partnerships -6,988,955. Remove net income from another entity included in the general ledger -26,630. Book/tax difference in the gain on the sale -152. Tax gain on a distribution of cash from a partnership in excess of basis -9,589. Unrealized gains/losses -104,215,574. Flowthrough from MarsMcLean Trust 463,033. Book/tax difference in distributions from Mars/McLean trust -738,876. Total to Form 990, Part XI, Line 5: -111,516,743. Officers and trustees and related organizations Form 990, Part VII Paul Klotman, M.D. is an officer of Baylor College of Medicine and is also a member of the board of BCM Technologies, Inc. FORM 990, PART XII, LINE 2 Baylor College of Medicine is audited by independent auditors. However, the audit is performed on a consolidated basis and thus combines other entities in the audit with Baylor College of Medicine. For instance, its wholly owned corporation is included in the financial statements. This entity does not receive a separate company audit. The organization does have an audit committee that assumes responsibility for oversight of the audit. FORM 990, SCHEDULE L, PART IV SCHEDULE L, PART IV, BUSINESS TRANSACTIONS INVOLVING INTERESTED PERSONS: LINE 1 (A) NAME OF PERSON: Dr. Raye Lynn Alford (B) RELATIONSHIP BETWEEN INTERESTED PERSON AND ORGANIZATION: She is the daughter of former officer Bobby Alford LINE 2 (A) NAME OF PERSON: Nathalie Kim Roff (B) RELATIONSHIP BETWEEN INTERESTED PERSON AND ORGANIZATION: She is the daughter-in-law of former trustee J. Hugh Roff, Jr. Affiliated Medical Services 1502 Taub Loop NPC Building B067 Houston TX 77030 760259042 Healthcare Delivery TX 501(c)(3) 11 type 1 Baylor College of Medicine 1 Baylor Medical Foundation One Baylor Plaza Houston TX 77030 741490000 Support Baylor College of Medicine TX 501(c)(3) 11 type 2 N/A 0 Baylor International Pediatric Aids Init One Baylor Plaza Houston TX 77030 202951275 Care for children with aids TX 501(c)(3) 11 type 1 Baylor College of Medicine 1 Baylor Shoulder to Shoulder Foundation One Baylor Plaza Houston TX 77030 954894137 Provide charity health care to people in Honduras TX 501(c)(3) 11 type 1 Baylor College of Medicine 1 National Space Biomedical Research Institute One Baylor Plaza Houston TX 77030 760548799 Biomedical Research TX 501(c)(3) Line 7 Baylor College of Medicine 1 BCM Healthcare One Baylor Plaza Houston TX 77030 760481211 Healthcare delivery TX 501(c)(3) Line 3 Baylor College of Medicine 1 Baylor College of Medicine Radiology One Baylor Plaza Houston TX 77030 204258051 INACTIVE TX 501(c)(3) Line 3 Baylor College of Medicine 1 Baylor College of Medicine Pathology One Baylor Plaza Houston TX 77030 320161879 INACTIVE TX 501(c)(3) Line 3 Baylor College of Medicine 1 Allbritton-Alford Endowment Fund 4400 Post Oak Parkway Houston TX 77027 526934320 Supports research of Baylor College of Medicine TX 501(c)(3) 11 Type 1 Baylor College of Medicine 1 BCM Tech I LP 1709 Dryden 1700 Houston TX 77030 205541490 Investment TX Baylor College of Medicine excluded 8076 1539405 0 0 0.50424 BCM Ventures Management LP 1709 Dryden Rd Houston TX 77030 205541357 Investment TX BCM Techno BCM Technologies 0 0 0.34501 COMMUNITY PATHOLOGY PLLC ONE BAYLOR PLAZA HOUSTON TX 77030 320167640 Inactive TX N/A N/A 0 0 BCM Technologies Inc 1709 Dryden Suite 1790 Houston TX 77030 760112935 Investment DE C -1093943 5481086 1.00000 0 1 1 1 0 0 0 0 0 0 1 0 0 1 0 0 0 1 BAYLOR MEDICAL FOUNDATION C 743432 GENERAL LEDGER BAYLOR MEDICAL FOUNDATION N 498176 GENERAL LEDGER BCM TECHNOLOGIES INC D 2658989 BALANCE SHEET BCM TECHNOLOGIES INC K 50000 GENERAL LEDGER BAYLOR MEDICAL FOUNDATION D 144352 GENERAL LEDGER BAYLOR INTERNATIONAL PEDIATRIC AIDS INITIATIVE D 5245492 BALANCE SHEET BCM HEALTHCARE D 1186925 BALANCE SHEET ALLBRITTON-ALFORD ENDOWMENT FUND C 35000 BANK RECORDS BCM TECHNOLOGIES I LP R 17665 SCHEDULE K-1 NATIONAL SPACE BIOMEDICAL RESEARCH INSTITUTE C 17187082 GENERAL LEDGER NATIONAL SPACE BIOMEDICAL RESEARCH INSTITUTE N 2049240 RECORDS