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Baylor Medical Foundation

Organization summary

Type of Nonprofit

Designated as a Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Category: Educational Institutions and Related Activities / Single Organization Support (NTEE)

Donations to this organization are tax deductible.

Summary charts: organization finances over time

Revenue
$1.44k (2024)

Expenses
$1.88k (2024)

Total Assets
$117k (2024)

Total Liabilities
$2.32k (2024)

Source: Form 990 tax filings from 2011 to 2024

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending June
2024

Extracted Financial Data

Extracted Financial Data from 990-EZ
Revenue
$1,440
Expenses
$1,876
Net Income
-$436
Net Assets
$114,719
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $1,440
100%
Assets/Debt
Total Assets $117,039
Total Liabilities $2,320
Net Assets $114,719
Compensation
Key Employees and Officers Compensation Other
Chuck Watson (Director) $0 $0
Stephanie Young (President) $0 $0
Paul Klotman (President & Ceo, Ex Officio) $0 $0
David Baldwin (Director) $0 $0
Norbert Bischofberger (Director) $0 $0
Melanie Gray (Director/Co Chair) $0 $0
Fred Lummis (Director/Co Chair) $0 $0
Marc J Shapiro (Director) $0 $0
Christopher Sarofim (Director) $0 $0

Document Links

Fiscal Year Ending June
2023

Extracted Financial Data

Extracted Financial Data from 990-EZ
Revenue
$4,807
Expenses
$9,331
Net Income
-$4,524
Net Assets
$113,279
Notable Sources of Revenue Percent of Total Revenue
Contributions $2,500
52.0%
Program Services $0
Investment Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $2,307
48.0%
Assets/Debt
Total Assets $117,039
Total Liabilities $3,760
Net Assets $113,279
Compensation
Key Employees and Officers Compensation Other
Chuck Watson (Director) $0 $0
Stephanie Young (President) $0 $0
Paul Klotman (President & Ceo, Ex Officio) $0 $0
David Baldwin (Director) $0 $0
Norbert Bischofberger (Director) $0 $0
Melanie Gray (Director/Co Chair) $0 $0
Fred Lummis (Director/Co Chair) $0 $0
Tom Powers (Director (Until 2/2023)) $0 $0
Marc J Shapiro (Director) $0 $0
Christopher Sarofim (Director) $0 $0

Document Links

Fiscal Year Ending June
2022

Extracted Financial Data

Extracted Financial Data from 990-EZ
Revenue
$53,717
Expenses
$51,550
Net Income
$2,167
Net Assets
$115,219
Notable Sources of Revenue Percent of Total Revenue
Contributions $51,550
96.0%
Program Services $0
Investment Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $2,167
4.0%
Assets/Debt
Total Assets $117,398
Total Liabilities $2,179
Net Assets $115,219
Compensation
Key Employees and Officers Compensation Other
Chuck Watson (Director) $0 $0
Paul Klotman (President & Ceo, Ex Officio) $0 $0
Stephanie Young (President) $0 $0
Fred Lummis (Director/Co Chair) $0 $0
Melanie Gray (Director/Co Chair) $0 $0
David Baldwin (Director) $0 $0
Norbert Bischofberger (Director) $0 $0
Tom Powers (Director) $0 $0
Christopher Sarofim (Director) $0 $0
Marc J Shapiro (Director) $0 $0

Document Links

Fiscal Year Ending June
2021

Extracted Financial Data

Extracted Financial Data from 990-EZ
Revenue
$116,412
Expenses
$115,357
Net Income
$1,055
Net Assets
$113,052
Notable Sources of Revenue Percent of Total Revenue
Contributions $114,441
98.3%
Program Services $0
Investment Income $16
0.0%
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $1,955
1.7%
Assets/Debt
Total Assets $232,987
Total Liabilities $119,935
Net Assets $113,052
Compensation
Key Employees and Officers Compensation Other
Stephanie Young (President (As Of 7/2020)) $0 $0
Paul Klotman (President & Ceo, Ex Officio) $0 $0
Robert F Corrigan Jr (Sr Vp & Secretary) $0 $0
Oswaldo Ramirez (Treasurer) $0 $0
David C Baldwin (Director) $0 $0
Norbert Bischofberger (Director) $0 $0
Melanie Gray (Director/Co Chair) $0 $0
Fred R Lummis (Director/Co Chair) $0 $0
Tom Powers (Director) $0 $0
Marc J Shapiro (Director) $0 $0
Kim David (Svp (As Of 05/2021)) $0 $0
Chris Sarofim (Director (As Of 05/2021)) $0 $0
Chuck Watson (Director (As Of 05/2021)) $0 $0

Document Links

Fiscal Year Ending June
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,034,412
Expenses
$993,859
Net Income
$40,553
Net Assets
$111,997
Notable Sources of Revenue Percent of Total Revenue
Contributions $992,361
95.9%
Program Services $0
Investment Income $212
0.0%
Bond Proceeds $0
Royalties $2,268
0.2%
Rental Property Income $0
Net Fundraising $0
Sales of Assets $39,571
3.8%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $117,511
Total Liabilities $5,514
Net Assets $111,997
Compensation
Key Employees and Officers Compensation Related Other
Paul E Klotman Md (Ceo, Ex Officio (As Of 12/19)) $0 $3,777,927 $639,126
Kimberly Cotner David (Svp (Until 12/19)) $0 $721,242 $103,744
Robert F Corrigan Jr Jd (Svp & Secreary) $0 $572,622 $89,816
James P Digan (President (Until 6/20)) $0 $602,322 $43,695
Oswaldo Ramirez (Treasurer) $0 $233,141 $12,575
David C Baldwin (Director (As Of 12/19)) $0 $0 $0
Norbert Bischofberger (Director (As Of 12/19)) $0 $0 $0
Melanie Gray (Director/Co Chair(as Of 12/19)) $0 $0 $0
Fred R Lummis (Director/Co Chair(as Of 12/19)) $0 $0 $0
Tom Powers (Director (As Of 12/19)) $0 $0 $0
Marc J Shapiro (Director (As Of 12/19)) $0 $0 $0
Kirk Townsend (Director (As Of 12/19)) $0 $0 $0

Document Links

Fiscal Year Ending June
2019

Extracted Financial Data

Extracted Financial Data from 990-EZ
Revenue
$8,467
Expenses
$3,726
Net Income
$4,741
Net Assets
$71,444
Notable Sources of Revenue Percent of Total Revenue
Contributions $0
Program Services $0
Investment Income $1,445
17.1%
Net Fundraising $0
Sales of Assets $6,478
76.5%
Net Inventory Sales $0
Other Revenue $544
6.4%
Assets/Debt
Total Assets $117,978
Total Liabilities $46,534
Net Assets $71,444
Compensation
Key Employees and Officers Compensation Other
Paul Klotman (Chief Executive Officer) $0 $0
Robert F Corrigan Jr (Senior Vp & Secretary) $0 $0
Kimberly Cotner David (Senior Vice President) $0 $0
James P Digan (President (As Of 7/18)) $0 $0
Oswaldo Ramirez (Treasurer (As Of 3/19)) $0 $0

Document Links

Fiscal Year Ending June
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$5,951,428
Expenses
$50,229,628
Net Income
-$44,278,200
Net Assets
$66,703
Notable Sources of Revenue Percent of Total Revenue
Contributions $500
0.0%
Program Services $0
Investment Income $379,255
6.4%
Bond Proceeds $0
Royalties $3,001
0.1%
Rental Property Income $0
Net Fundraising $0
Sales of Assets $5,568,672
93.6%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $149,493
Total Liabilities $82,790
Net Assets $66,703
Compensation
Key Employees and Officers Compensation Related Other
Robert F Corrigan Jr (Sr. Vp & Sec (As Of 10/17)) $0 $607,772 $36,500
Meredith T Cullen (Vp,Asst Sec&Treas(until 10/17)) $0 $0 $0
Kimberly Cotner David (Sr. Vp & Cbo (As Of 10/17)) $0 $760,242 $37,009
Timothy D Kenneally (Vp, Asst Treas (Until 10/17)) $0 $0 $0
Paul Klotman (President & Ceo (As Of 10/17)) $0 $2,419,011 $510,171
Kenneth L Mattox Md (Vp, Asst Treas (Until 10/17)) $0 $674,472 $36,675
Henry Jn Taub Ii (President (Until 10/17)) $0 $0 $0
Marcy Taub Wessel (Vp, Sec & Treas (Until 10/17)) $0 $0 $0

Document Links

Fiscal Year Ending June
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,882,158
Expenses
$870,794
Net Income
$1,011,364
Net Assets
$44,410,576
Notable Sources of Revenue Percent of Total Revenue
Contributions $180,958
9.6%
Program Services $0
Investment Income $870,704
46.3%
Bond Proceeds $0
Royalties $264
0.0%
Rental Property Income $0
Net Fundraising $0
Sales of Assets $830,232
44.1%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $44,617,451
Total Liabilities $206,875
Net Assets $44,410,576
Compensation
Key Employees and Officers Compensation Related Other
Meredith T Cullen (Vp, Asst. Secretary/Treasurer) $0 $0 $0
Marcy Taub Wessel (Vp, Secretary, And Treasurer) $0 $0 $0
Henry Jn Taub Ii (President) $0 $0 $0
Timothy D Kenneally (Vice President, Asst Treasurer) $0 $0 $0
Kenneth L Mattox Md (Vice President, Asst Treasurer) $0 $677,172 $36,196

Document Links

Fiscal Year Ending June
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,645,112
Expenses
$847,089
Net Income
$798,023
Net Assets
$39,176,692
Notable Sources of Revenue Percent of Total Revenue
Contributions $1,200
0.1%
Program Services $0
Investment Income $846,027
51.4%
Bond Proceeds $0
Royalties $1,102
0.1%
Rental Property Income $0
Net Fundraising $0
Sales of Assets $796,783
48.4%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $39,355,757
Total Liabilities $179,065
Net Assets $39,176,692
Compensation
Key Employees and Officers Compensation Related Other
Henry Jn Taub Ii (President) $0 $0 $0
Timothy D Kenneally (Vice President, Asst Treasurer) $0 $0 $0
Kenneth L Mattox Md (Vice President, Asst Treasurer) $0 $705,578 $30,102
Meredith T Cullen (Vp, Asst. Secretary/Treasurer) $0 $0 $0
Marcy Taub Wessel (Vp, Secretary, And Treasurer) $0 $0 $0

Document Links

Fiscal Year Ending June
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$2,230,158
Expenses
$910,210
Net Income
$1,319,948
Net Assets
$39,834,878
Notable Sources of Revenue Percent of Total Revenue
Contributions $346
0.0%
Program Services $0
Investment Income $895,049
40.1%
Bond Proceeds $0
Royalties $14,226
0.6%
Rental Property Income $0
Net Fundraising $0
Sales of Assets $1,319,602
59.2%
Net Inventory Sales $0
Other Revenue $935
0.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $40,050,898
Total Liabilities $216,020
Net Assets $39,834,878
Compensation
Key Employees and Officers Compensation Related Other
Henry Jn Taub Ii (President) $0 $0 $0
Timothy D Kenneally (Vice President, Asst Treasurer) $0 $0 $0
Kenneth L Mattox Md (Vice President, Asst Treasurer) $0 $593,953 $27,086
Meredith T Cullen (Vp, Asst. Secretary/Treasurer) $0 $0 $0
Marcy Taub Wessel (Vp, Secretary, And Treasurer) $0 $0 $0

Document Links

Fiscal Year Ending June
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$1,874,862
Expenses
$917,346
Net Income
$957,516
Net Assets
$40,228,544
Notable Sources of Revenue Percent of Total Revenue
Contributions $6,925
0.4%
Program Services $0
Investment Income $874,451
46.6%
Bond Proceeds $0
Royalties $42,352
2.3%
Rental Property Income $0
Net Fundraising $0
Sales of Assets $950,571
50.7%
Net Inventory Sales $0
Other Revenue $563
0.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $40,643,136
Total Liabilities $414,592
Net Assets $40,228,544

Document Links

Fiscal Year Ending June
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$908,010
Expenses
$901,644
Net Income
$6,366
Net Assets
$34,358,988
Notable Sources of Revenue Percent of Total Revenue
Contributions $3,800
0.4%
Program Services $0
Investment Income $850,999
93.7%
Bond Proceeds $0
Royalties $50,578
5.6%
Rental Property Income $0
Net Fundraising $0
Sales of Assets $2,480
0.3%
Net Inventory Sales $0
Other Revenue $153
0.0%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $34,568,457
Total Liabilities $209,469
Net Assets $34,358,988

Document Links

Fiscal Year Ending June
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$923,815
Expenses
$812,685
Net Income
$111,130
Net Assets
$31,557,877
Notable Sources of Revenue Percent of Total Revenue
Contributions $1,700
0.2%
Program Services $0
Investment Income $712,034
77.1%
Bond Proceeds $0
Royalties $79,547
8.6%
Rental Property Income $0
Net Fundraising $0
Sales of Assets $108,923
11.8%
Net Inventory Sales $0
Other Revenue $21,611
2.3%
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $31,839,378
Total Liabilities $281,501
Net Assets $31,557,877

Document Links

Fiscal Year Ending June
2011

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$848,633
Expenses
$750,248
Net Income
$98,385
Net Assets
$30,524,684
Notable Sources of Revenue Percent of Total Revenue
Contributions $6,100
0.7%
Program Services $0
Investment Income $656,579
77.4%
Bond Proceeds $0
Royalties $68,790
8.1%
Rental Property Income $0
Net Fundraising $0
Sales of Assets $117,164
13.8%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $30,661,701
Total Liabilities $137,017
Net Assets $30,524,684

Document Links

Fiscal Year Ending June
2010

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2009

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2008

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2007

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2006

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2005

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2004

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending June
2002

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

About This Data

What Is This Data?

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

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Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

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For those interested in acquiring the original data from the source, here’s where our data comes from:

  • Raw filing data. Includes EINs and summary financials as structured data.
  • Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
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  • Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

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