Texas Medical Center Foundation

“The preparer reviews the form 990 with the cfo. The form 990 is distributed to and reviewed by the audit committee. The final 990 is made available to the board of directors prior to filing.”

“Conflict of interest statements are completed annually by the board of directors, officers and key employees. The statements are reviewed by the legal department. If a conflict were to arise, the board member would be required to dismiss himself/herself from any discussions or decisions regarding the area of conflict.”

“The tmc board of director's meets annually as part of the president's annual review and compensation. The board reviews the performance of the company and the president's performance to decide compensation. During this process, the board also receives performance review and compensation information on each member of the executive leadership team.”

“Texas medical centers foundation's governing documents, conflict of interest policy and financial statements are available upon request.”

“To provide support to the texas medical center, a texas nonprofit corporation described in irc section 501(c)(3).”

“Line 4a: program service activity #1 tmc act is the only cancer therapeutics accelerator building relationships with health care professionals leading the world's best cancer treatment programs at the texas medical center member hospitals. The act program is a cprit funded accelerator launched in collaboration with the gulf coast consortium (gcc) and the university of texas medical branch (utmb) to support texas-based biotech entrepreneurs, researchers contemplating translations, and internal comprehensive drug development programs. Act is a comprehensive nine-month program designed to enhance oncology biotech entrepreneurship training and drug development programs in texas. The program will simultaneously provide texas researchers and startup companies with integrated training, resources, and mentoring in order to help advance innovative cancer therapy discoveries and development programs, ultimately leading to new approaches and therapies for cancer patients. Line 4b: program service activity #2 innovate uk, a council of uk research and innovation is an agreement between innovate uk and texas medical center. The global incubator program is an exchange program for smes using incubators as soft landin to break down barriers and enable innovative smes to more easily build collaborations and partnerships and explore the potential of overseas markets in order to advance health, medicine and research. This program will allow the texas medical center to advance its mission by leveraging its innovation factory to provide training for medical device and digital health start-up companies. The bii foundation is a danish foundation with corporate interests. The bii foundation's vision is to support world-class life science innovation that drives development of new solutions by early life science start-ups for the benefit of people and society. The bii foundation is located at ole maaloes vej 3, 2200 copenhagen n, denmark. Its mission is to incubate world-class life science and catalyze its commercialization of new solutions through start-ups by using our knowledge, network, funding, and infrastructure. The bii foundation offers entrepreneurially minded researchers or anyone with a research-based idea help to bring interdisciplinary ideas to life and research to market. It offers state-of-the-art facilities and various funding opportunities as well as partnerships and programs with technical, scientific and commercial experts.”