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: Verified by RoundPaper

FY 2024

Verified NonprofitLast Filed 2024EIN 75-0945939

Southwestern Medical Foundation

DALLAS, TXNTEE: B110Founded 1939Website

mission statement

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 ut 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.

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Total Revenue

$183.1M

FY 2024

Program Spending

90.2%

of total expenses

Known Funders

137

2019–2024 filings

Key Metrics (FY 2024)

The Numbers

$1.3B

Total Assets

$1.3B net

277.57 mo

Operating Reserves

FY 2024

+152%

Revenue Growth

YoY

Total Employees

FY 2024

Funding Track Record

Backed by 137 Institutional Funders

$47.8M raised across 345 grants · +$248K committed (2019–2024 filings)

Funder Geography

Funders across 20 states (2019–2024 filings)

Institutional Funding by Year

PaidCommittedBoth

Funder	Location	Total Awarded
Swmf Properties Inc	DALLAS, TX	$14,040,920
The Eugene McDermott Foundation	Dallas, TX	$3,215,000
Communities Foundation of Texas Inc	DALLAS, TX	$2,621,910
Lupe Murchison Foundation	DALLAS, TX	$2,500,000
Harlan R Crow Foundation Inc	DALLAS, TX	$2,400,000
The Rees-Jones Foundation	Dallas, TX	$1,750,000
The Chicago Community Trust	CHICAGO, IL	$1,432,000
Meadows Foundation Incorporated	Dallas, TX	$1,050,000
G R White Trust Xxxxx9003	CHICAGO, IL	$1,045,000
The Dedman Foundation	DALLAS, TX	$1,002,855

Total tracked: $47,789,006 across 345 grants · +$248,000 committed across 2 commitments (2019–2024 filings)

Totals reflect grants as reported on funder tax returns. Timing may not match recipient revenue: funder and recipient fiscal years often differ, and grants paid by a funder in one year may be recognized by the recipient in a different year.

Programs (FY 2024)

What They Do

$49.9M in expenses

Southwestern medical foundation ("foundation") was organized in 1939 as a texas nonprofit corporation. The foundation is exempt from income tax under section 501(c)(3) of the u.s. Internal revenue code as a charitable organization.programs supported by the foundation are primarily benefitting ut southwestern medical center as a leading biomedical institution in education, research and patient care, and its principal affiliated institutions. The foundation also provides support to other exempt civic and medical organizations, and provides scholarship awards to medical students and other health care providers. The foundation sponsors informational lectures that feature expert speakers in various fields. The foundation earns no income from these lectures.

Financial History