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The Methodist Hospital Foundation

Also known as Houston Methodist Hospital Foundation

Houston, TX · EIN 76-0094743 · 501(c)(3) · Supporting organization, Type I
Latest filing: Form 990 for calendar year 2024 (tax year 2024) · View the filing · Correct or respond

The Methodist Hospital Foundation reported $150.9 million in revenue and $57.8 million in expenses for calendar year 2024. Of every $100 it spent, $66.94 went to program services, $4.28 to management and general costs and $28.78 to fundraising. Its largest source of revenue was contributions and grants: 53.7% of the total. The highest compensation it reported for one person was $8,338,578 (DIRECTOR). Revenue rose 82% between 2019 and 2024. Source: Form 990, 2024.

Where $100 of spending went

Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $58M

For context, the median across 5,634 covered health care charities: $86.19 programs, $13.81 management, $0.00 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

Calendar year 2024 · Form 990, Part VIII · total revenue $151M

The 990 scorecard · same measures for every charity, no grades

2024 filing. Median across 5,634 covered charities in this category, from their latest filings.
Measure2024Median
Program services
Part IX 25(B) ÷ 25(A)
66.9%85.6%
Management & general
Part IX 25(C) ÷ 25(A)
4.3%13.7%
Fundraising
Part IX 25(D) ÷ 25(A)
28.8%0.0%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.21$0.00
Contributions & grants share of revenue
Part VIII 1h ÷ 12
53.7%1.3%
Government grants share of revenue
Part VIII 1e ÷ 12
0.0%0.1%
Program service revenue share
Part VIII 2g ÷ 12
0.0%93.7%
Highest reported compensation
Part VII-A, columns D–F
$8,338,578$975,831
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
14.43%1.34%
People paid over $100,000
Part VII, line 2
027
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
210.06.6
Independent voting board members
Part VI 1a–1b
15 of 1788.9%

A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.

What the money paid for, in its own words

2024 · Form 990, Part III · the three largest programs by expense
$39M expenses · 100.0% of program spending · grants $39M · revenue $17M

Contributions to the houston Methodist Hospital Foundation are used to fund various research, special purpose, or other designated endowment programs as requested by the donor. Special purpose funds can designate specialty care for indigent patients or other things such as stroke awareness programs for the community. Research designated fund donations support things such as the work of doctors in education and research, scientists in the general internal medicine discipline, or research for nanotechnology in treating brain cancers

Highest reported compensation

2024 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
DIRECTOR
Director/trustee, 2.00 hrs/week
$0$7,251,200$1,087,378$8,338,578
ASSISTANT SECRETARY, PART YEAR
Officer, 2.00 hrs/week
$0$2,934,047$294,038$3,228,085
TREASURER
Officer, 2.00 hrs/week
$0$983,544$141,702$1,125,246
DIRECTOR, PRESIDENT/CEO, PART YEAR
Director/trustee, officer, 25.00 hrs/week
$0$1,084,587$4,365$1,088,952
DIRECTOR, PRESIDENT/CEO
Director/trustee, officer, 50.00 hrs/week
$0$762,289$200,909$963,198
ASSISTANT SECRETARY
Officer, 2.00 hrs/week
$0$350,554$84,261$434,815

0 people received more than $100,000 in reportable compensation from The Methodist Hospital Foundation (Part VII, line 2).

6 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$50M$100M$150M$200M201920202021202220232024$151M$58M
FilingRevenueExpensesProgramsNet assetsTop pay
2024 ⓘ$151M$58M66.9%$1.01B$8,338,578
2023 ⓘ$97M$50M68.9%$900M$7,139,634
2022 ⓘ$140M$46M65.2%$786M$4,821,137
2021 ⓘ$100M$38M63.6%$787M$3,960,028
2020 ⓘ$66M$42M70.3%$668M$3,721,081
2019 ⓘ$83M$40M64.5%$588M$3,524,684

Governance answers, as filed

2024 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means
  • Voting board members, and how many are independent Part VI, lines 1a–1b17 · 15 independent
  • Audited financial statements Part XII 2bYes
  • Conflict-of-interest policy Part VI 12aYes
  • Whistleblower policy Part VI 13Yes
  • Document retention policy Part VI 14Yes
  • Independent process for top executive pay Part VI 15aNo
  • Board given the 990 before filing Part VI 11aYes
  • Family or business ties among insiders Part VI 2No
  • Aware of a significant diversion of assets Part VI 5No
  • Excess benefit transaction with an insider Part IV 25aNo
  • Loans to or from insiders outstanding Part IV 26No
  • Lobbying, or a 501(h) election in effect Part IV 4No
  • Over $15,000 of professional fundraising services Part IV 18No
  • Over $10,000 of activity outside the U.S. Part IV 14bNo
  • Employees Part I, line 50
  • Volunteers Part I, line 6146

Private foundation grants it received

19 private foundations reported grants to The Methodist Hospital Foundation totaling $1.2M on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.

Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.

Correct a figure or respond

Every number above is copied from The Methodist Hospital Foundation's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for The Methodist Hospital Foundation, you can publish a response that is linked from this page.

Similar-sized charities in this cause

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Questions people ask

How much of The Methodist Hospital Foundation's spending goes to programs?

In calendar year 2024, The Methodist Hospital Foundation reported that 66.9% of its $57.8 million in expenses went to program services, 4.3% to management and general and 28.8% to fundraising (Form 990, Part IX).

How much does The Methodist Hospital Foundation pay its top executive?

The largest total compensation The Methodist Hospital Foundation reported for one person in calendar year 2024 was $8,338,578, for the role of DIRECTOR (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does The Methodist Hospital Foundation get its money?

Of $150.9 million in revenue in calendar year 2024, 53.7% came from contributions and grants and 0.0% from program service revenue (Form 990, Part VIII).

Is The Methodist Hospital Foundation a registered charity?

The IRS lists EIN 76-0094743 as a 501(c)(3) organization (supporting organization, type i), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.

Sources

  • 2024: Form 990 for calendar year 2024, object 202523119349301787 · read the filing · XML
  • 2023: Form 990 for calendar year 2023, object 202433109349301353 · read the filing
  • 2022: Form 990 for calendar year 2022, object 202323079349300902 · read the filing
  • 2021: Form 990 for calendar year 2021, object 202203149349300205 · read the filing
  • 2020: Form 990 for calendar year 2020, object 202133169349301108 · read the filing
  • 2019: Form 990 for calendar year 2019, object 202023189349301612 · read the filing

All filings for EIN 76-0094743: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.