SOUTHWESTERN MEDICAL FOUNDATION (THE "FOUNDATION") WAS ORGANIZED IN 1939 AS A TEXAS NON-PROFIT CORPORATION, COMMITTED TO THE DEVELOPMENT AND IMPROVEMENT OF MEDICAL EDUCATION, MEDICAL RESEARCH AND PATIENT CARE IN THE NORTH TEXAS COMMUNITY AND THROUGHOUT THE WORLD. IN 1943, THE FOUNDATION ESTABLISHED SOUTHWESTERN MEDICAL COLLEGE, NOW KNOWN AS THE UNIVERSITY OF TEXAS SOUTHWESTERN MEDICAL CENTER (THE "CENTER"). THE FOUNDATION CONTINUES TO RAISE AND MANAGE PRIVATE PHILANTHROPIC DOLLARS PRIMARILY FOR CONTINUED SUPPORT OF THE CENTER THROUGH GRANTS AND SCHOLARSHIPS.
| Year | Grants | Total Giving | Avg Grant | New | Repeat |
|---|---|---|---|---|---|
| 2024 | 61 | $47.3M | $776K | 5 | 8 |
| 2023 | 51 | $43.5M | $852K | 1 | 5 |
| 2022 | 77 | $74.1M | $963K | 3 | 7 |
| 2020 | 83 | $33.9M | $409K | 2 | 9 |
| 2019 | 76 | $27.8M | $365K | 2 | 11 |
| 2018 | 94 | $31.6M | $337K | 18 | 0 |
| Year | Revenue | Expenses | Net Assets |
|---|---|---|---|
| 2024 990 - Public charity return Jan 1, 2024 to Dec 31, 2024 | $183,069,250 ↑ | $55,305,025 | $1,279,269,013 |
| 2023 990 - Public charity return Jan 1, 2023 to Dec 31, 2023 | $72,790,697 ↓ | $51,850,614 | $1,188,693,685 |
| 2022 990 - Public charity return Jan 1, 2022 to Dec 31, 2022 | $79,182,549 ↑ | $81,194,379 | $1,117,324,067 |
| 2020 990 - Public charity return Jan 1, 2020 to Dec 31, 2020 | $30,251,588 ↓ | $39,615,826 | $1,111,772,705 |
| 2019 990 - Public charity return Jan 1, 2019 to Dec 31, 2019 | $50,953,403 ↓ | $33,595,280 | $1,001,296,109 |
| 2018 990 - Public charity return Jan 1, 2018 to Dec 31, 2018 | $85,008,274 | $36,956,167 | $893,912,848 |
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