Civic Intelligence

The Sealy & Smith Foundation

990 • Fiscal year 2024 • EIN 74-1109652

Jan 01, 2024 to Dec 31, 2024 • Filed on Sep 25, 2025

Organization ProfileSEALY-SMITH-FOUNDATION.ORG

View Organization Page

Refreshing map…

2200 Market Street Suite 500Galveston, TX 77550

(409) 762-8666

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

15th percentile

0.05x

Higher debt load relative to assets than 15% of similar nonprofits.

2024 filings • 501(c)3 • $1B+ nonprofits • Source year 2024

Liabilities / Revenue

63rd percentile

0.79x

Higher debt load relative to revenue than 63% of similar nonprofits.

2024 filings • 501(c)3 • $1B+ nonprofits • Source year 2024

Net Margin

93rd percentile

57%

Higher net margin than 93% of similar nonprofits.

2024 filings • 501(c)3 • $1B+ nonprofits • Source year 2024

Top Officer Pay

9th percentile

$472,120

Higher top officer pay than 9% of similar nonprofits.

Top officer pay equals 0.3% of source-year revenue.

2024 filings • 501(c)3 • $1B+ nonprofits • Source year 2024

Asset Growth

76th percentile

13%

Faster asset growth than 76% of similar nonprofits.

2024 filings • 501(c)3 • $1B+ nonprofits • Annualized from 2023 to 2024

Revenue Growth

23rd percentile

3.7%

Faster revenue growth than 23% of similar nonprofits.

2024 filings • 501(c)3 • $1B+ nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets15th percentile

Assets

Up

$2,305,818,243

Up $268,123,780 (+13%) from 2023

Net Assets

Up

$2,198,966,765

Up $260,242,777 (+13%) from 2023

Liabilities

Up

$106,851,478

Up $7,881,003 (+8.0%) from 2023

Revenue And Expenses
Liabilities / Revenue63rd percentileNet Margin93rd percentile

Revenue

Up

$135,743,625

Up $4,896,137 (+3.7%) from 2023

Expenses

Up

$57,722,709

Up $27,659,107 (+92%) from 2023

Net Income

Down

$78,020,916

Down $22,762,970 (-23%) from 2023

Historical Trend

Balance Sheet Trend

Asset Growth76th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$3.0B$2.0B$1.0B$0Assets 2011: $824,106,103Liabilities 2011: $155,795,808Net Assets 2011: $668,310,2952011Assets 2012: $904,047,795Liabilities 2012: $147,671,632Net Assets 2012: $756,376,1632012Assets 2013: $1,065,183,737Liabilities 2013: $139,551,386Net Assets 2013: $925,632,3512013Assets 2014: $1,106,811,568Liabilities 2014: $130,768,242Net Assets 2014: $976,043,3262014Assets 2015: $1,063,421,424Liabilities 2015: $184,022,014Net Assets 2015: $879,399,4102015Assets 2016: $1,122,191,581Liabilities 2016: $174,961,312Net Assets 2016: $947,230,2692016Assets 2017: $1,291,957,244Liabilities 2017: $159,136,187Net Assets 2017: $1,132,821,0572017Assets 2018: $1,172,758,493Liabilities 2018: $122,387,555Net Assets 2018: $1,050,370,9382018Assets 2019: $1,377,577,374Liabilities 2019: $118,413,176Net Assets 2019: $1,259,164,1982019Assets 2020: $1,512,427,384Liabilities 2020: $116,512,154Net Assets 2020: $1,395,915,2302020Assets 2021: $1,823,742,664Liabilities 2021: $144,680,456Net Assets 2021: $1,679,062,2082021Assets 2022: $1,674,903,989Liabilities 2022: $121,266,998Net Assets 2022: $1,553,636,9912022Assets 2023: $2,037,694,463Liabilities 2023: $98,970,475Net Assets 2023: $1,938,723,9882023Assets 2024: $2,305,818,243Liabilities 2024: $106,851,478Net Assets 2024: $2,198,966,7652024

Highlighted filing

2024

Assets$2,305,818,243
Liabilities$106,851,478
Net Assets$2,198,966,765
Open 2024 Filing

Operations Trend

Revenue Growth23rd percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$200M$100M$0-$100MRevenue 2011: $56,946,919Expenses 2011: $128,633,008Net Income 2011: -$71,686,0892011Revenue 2012: $50,718,202Expenses 2012: $13,597,681Net Income 2012: $37,120,5212012Revenue 2013: $65,874,233Expenses 2013: $13,146,160Net Income 2013: $52,728,0732013Revenue 2014: $99,968,356Expenses 2014: $13,276,521Net Income 2014: $86,691,8352014Revenue 2015: $61,034,494Expenses 2015: $84,915,296Net Income 2015: -$23,880,8022015Revenue 2016: $43,898,579Expenses 2016: $17,679,343Net Income 2016: $26,219,2362016Revenue 2017: $90,579,317Expenses 2017: $25,236,518Net Income 2017: $65,342,7992017Revenue 2018: $97,546,927Expenses 2018: $12,798,573Net Income 2018: $84,748,3542018Revenue 2019: $134,416,284Expenses 2019: $35,941,910Net Income 2019: $98,474,3742019Revenue 2020: $86,559,144Expenses 2020: $23,013,090Net Income 2020: $63,546,0542020Revenue 2021: $193,760,950Expenses 2021: $59,944,232Net Income 2021: $133,816,7182021Revenue 2022: $158,734,221Expenses 2022: $31,756,764Net Income 2022: $126,977,4572022Revenue 2023: $130,847,488Expenses 2023: $30,063,602Net Income 2023: $100,783,8862023Revenue 2024: $135,743,625Expenses 2024: $57,722,709Net Income 2024: $78,020,9162024

Highlighted filing

2024

Revenue$135,743,625
Expenses$57,722,709
Net Income$78,020,916
Open 2024 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Sep 25, 2025
Return Version
2024v5.2
Gross Receipts
$250,657,818
Mission and Program Overview

Mission

To provide for the construction,remodeling,equipping,and furnishing of the john sealy hospital and other hospital building or buildings in the city of galveston, tx, in connection with the john sealy hospital, and to provide for healthcare of citizens of galveston therein.

Support of the john sealy hospital / university of texas medical branch at galveston (utmb).

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$1,350,291,256$1,677,149,849▲ $326,858,593
Investments Other Securities$514,210,606$500,035,930▼ $14,174,676
Savings and Temporary Cash Investments$113,202,284$66,834,883▼ $46,367,401
Land, Buildings, and Equipment, Net$8,514,593$8,529,560▲ $14,967
Accounts Receivable$554,732$1,716,491▲ $1,161,759
Prepaid Expenses and Deferred Charges$69,465$111,998▲ $42,533
Cash and Non-Interest-Bearing Accounts$50,250$50,542▲ $292
Total Assets$2,037,694,463$2,305,818,243▲ $268,123,780
Other Assets Total$50,801,277$51,388,990▲ $587,713
Liabilities
Grants Payable$95,883,419$106,075,392▲ $10,191,973
Accounts Payable and Accrued Expenses$623,682$401,149▼ $222,533
Other Liabilities$2,423,374$296,375▼ $2,126,999
Deferred Revenue$40,000$78,562▲ $38,562
Total Liabilities$98,970,475$106,851,478▲ $7,881,003
Net Assets / Fund Balance
Net Assets With Donor Restrictions$1,938,723,988$2,198,966,765▲ $260,242,777
Total Net Assets Fund Balance$1,938,723,988$2,198,966,765▲ $260,242,777
Total Liabilities and Net Assets / Fund Balance$2,037,694,463$2,305,818,243▲ $268,123,780

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$24,967$609,860$634,827
Land$8,504,593--
Other Securities$75,071--
Compensation and Service Providers
Top Officer Pay9th percentile

Employees

NameTitleFull / Part TimeBaseOtherTotal
Douglas G RogersExec Dir/ Sec/treasFT$354,538$117,582$472,120
James S JobeAsst Sec/treasurerFT$176,574$33,671$210,245
Gladys StansberryAsst TreasurerFT$106,004$15,631$121,635
E J PedersonDirectorPT$72,000-$72,000
John W KelsoPresident/directorPT$72,000-$72,000
Keith BassettDirectorPT$72,000-$72,000
Michael C DohertyVice President/ DirectorPT$72,000-$72,000
William R SealyDirectorPT$72,000-$72,000
James B GalbraithDirectorPT$66,000-$66,000

Highest Paid Contractors

ContractorServicesLocationCompensation
Cambridge Associates LLCInvestment Managers115 FEDERAL STREET, Boston, MA 02110, Je$1,746,232
Focused Investors LLCInvestment Managers1999 AVENUE OF THE STARS STE 3320, Los Angeles, CA 90067$855,186
Silchester International InvestorsInvestment Managers780 THIRD AVENUE 42ND FLOOR, New York, NY 10017$547,609
Generation Investment Management US LLPInvestment Managers555 MISSION STREET SUITE 3400, San Francisco, CA 94105$516,100
Edgbaston Asian Equity TrustInvestment Managers-$198,125
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$0
Investment Income
$98,389,657
Other Revenue
$37,353,968
Change in Net Assets
$78,020,916

Audited Revenue Reconciliation

Revenue per Audited Statements
$131,337,679
Revenue Not Reported on Financial Statements
$4,405,946
Revenue Not Reported on Form 990
$182,221,861
Total Revenue per Audited Statements
$313,559,540
Total Revenue per Form 990
$135,743,625
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$50,051,277
Other Expenses$6,144,080
Salaries, Compensation, and Employee Benefits$1,527,352
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$50,051,277--$50,051,277
Fees for Service Investment Mgmnt Fees-$4,405,946-$4,405,946
Current Officers, Directors, Trustees, and Key Employees-$1,135,116-$1,135,116
Fees for Services Other-$721,497-$721,497
Other Salaries and Wages-$168,470-$168,470
Pension Plan Contributions-$112,686-$112,686
Occupancy-$93,576-$93,576
Fees for Services Accounting-$77,750-$77,750
Insurance-$73,071-$73,071
Other Employee Benefits-$61,477-$61,477
Fees for Services Lobbying-$50,000-$50,000
Payroll Taxes-$49,603-$49,603
Office Expenses-$45,882-$45,882
Fees for Services Legal-$24,428-$24,428
Other Expenses-$13,720-$13,720
Total Functional Expenses$50,051,277$7,671,432$0$57,722,709

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$57,722,709
Expenses per Audited Statements$53,316,763
Total Expenses per Audited Statements$53,316,763
Expenses Not Reported on Financial Statements$4,405,946
Expenses Not Reported on Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
Yes
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to Magnolia Holding Co.$296,375
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

“A copy of the foundation's form 990 is furnished to the board of directors for review prior to being filed.”

Form 990, Part VI, Section B, Line 12C

“The conflict of interest policy is reviewed annually during the january board of directors meeting and a written acknowledgement is completed by each director.”

Form 990, Part VI, Section B, Line 15

“Annually the organization's independent compensation committee reviews the compensation of the executive director. The committee uses comparable data from various nonprofit publications, including the council on foundations salary and benefit report, which provides compensation data. It also uses other nonprofits' forms 990. The executive director does not participate in the conversations and discussions about his own compensation. Detailed minutes of the compensation committee's meetings are maintained by the organization. Annually the organization's independent compensation committee reviews the compensation of the officers. The committee uses comparable data from various nonprofit publications, including the council on foundations salary and benefit report, which provides compensation data. It also uses other nonprofits' forms 990. Officers do not participate in the conversations and discussions about their own compensation. Detailed minutes of the compensation committee's meetings are maintained by the organization.”

Form 990, Part VI, Section C, Line 19

“The organization makes its governing documents, conflict of interest policy, and audit report available to its supported organization, the university of texas medical branch (utmb). Upon reasonable written request, the organization makes its governing documents, conflict of interest policy, and financial statements available to the general public.”

Filing and Contact Details

Filer

Filer Name
The Sealy & Smith Foundation
EIN
74-1109652
Phone
4097628666
Address
2200 MARKET STREET SUITE 500, GALVESTON, TX 77550

Signing Officer

Name
Douglas G Rogers
Title
Executive Director
Phone
4097628666
Signed
2025-09-25
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Douglas G Rogers
Formed
1922
Legal Domicile
TX
Voting Board Members
7
Independent Board Members
6
Employees
7
Volunteers
0

Preparer

Firm
Ham Langston & Brezina Llp
Address
2200 MARKET ST STE 400, GALVESTON, TX 77550
Preparer
John R Mc Kenna Jr
Phone
4097659311
Raw XML AppendixShowing 400 of 681 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt0623682
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0401149
IRS990/AccountsReceivableGrp/BOYAmt0554732
IRS990/AccountsReceivableGrp/EOYAmt01716491
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0SUPPORT OF THE JOHN SEALY HOSPITAL / UNIVERSITY OF TEXAS MEDICAL BRANCH AT GALVESTON (UTMB).
IRS990/AnnualDisclosureCoveredPrsnInd01
IRS990/AuditCommitteeInd01
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/PersonNm0DOUGLAS G ROGERS
IRS990/BooksInCareOfDetail/PhoneNum04097628666
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt02200 MARKET STREET SUITE 500
IRS990/BooksInCareOfDetail/USAddress/CityNm0GALVESTON
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0TX
IRS990/BooksInCareOfDetail/USAddress/ZIPCd077550
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt050250
IRS990/CashNonInterestBearingGrp/EOYAmt050542
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt010
IRS990/CollectionsOfArtInd00
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt01135116
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt01135116
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd01
IRS990/CompensationProcessOtherInd01
IRS990/ConflictOfInterestPolicyInd01
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd01
IRS990/ContractorCompensationGrp/CompensationAmt01746232
IRS990/ContractorCompensationGrp/CompensationAmt1855186
IRS990/ContractorCompensationGrp/CompensationAmt2547609
IRS990/ContractorCompensationGrp/CompensationAmt3516100
IRS990/ContractorCompensationGrp/CompensationAmt4198125
IRS990/ContractorCompensationGrp/ContractorAddress/ForeignAddress/AddressLine1Txt047 ESPLANADE
IRS990/ContractorCompensationGrp/ContractorAddress/ForeignAddress/CityNm0ST HELIER
IRS990/ContractorCompensationGrp/ContractorAddress/ForeignAddress/CountryCd0JE
IRS990/ContractorCompensationGrp/ContractorAddress/ForeignAddress/ForeignPostalCd0JE1 OBD
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt0115 FEDERAL STREET
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt11999 AVENUE OF THE STARS STE 3320
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt2780 THIRD AVENUE 42ND FLOOR
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt3555 MISSION STREET SUITE 3400
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm0BOSTON
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm1LOS ANGELES
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm2NEW YORK
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm3SAN FRANCISCO
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd0MA
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd1CA
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd2NY
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd3CA
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd002110
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd190067
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd210017
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd394105
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt0CAMBRIDGE ASSOCIATES LLC
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt1FOCUSED INVESTORS LLC
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt2SILCHESTER INTERNATIONAL INVESTORS
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt3GENERATION INVESTMENT MANAGEMENT US LLP
IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt4EDGBASTON ASIAN EQUITY TRUST
IRS990/ContractorCompensationGrp/ServicesDesc0INVESTMENT MANAGERS
IRS990/ContractorCompensationGrp/ServicesDesc1INVESTMENT MANAGERS
IRS990/ContractorCompensationGrp/ServicesDesc2INVESTMENT MANAGERS
IRS990/ContractorCompensationGrp/ServicesDesc3INVESTMENT MANAGERS
IRS990/ContractorCompensationGrp/ServicesDesc4INVESTMENT MANAGERS
IRS990/CreditCounselingInd00
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt00
IRS990/CYGrantsAndSimilarPaidAmt050051277
IRS990/CYInvestmentIncomeAmt098389657
IRS990/CYOtherExpensesAmt06144080
IRS990/CYOtherRevenueAmt037353968
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt078020916
IRS990/CYSalariesCompEmpBnftPaidAmt01527352
IRS990/CYTotalExpensesAmt057722709
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt0135743625
IRS990/DecisionsSubjectToApprovaInd00
IRS990/DeductibleArtContributionInd00
IRS990/DeductibleNonCashContriInd00
IRS990/DeferredRevenueGrp/BOYAmt040000
IRS990/DeferredRevenueGrp/EOYAmt078562
IRS990/DelegationOfMgmtDutiesInd00
IRS990/Desc0EXPENDITURES TO SUPPORT THE JOHN SEALY HOSPITAL / UTMB - GALVESTON. SEE SCHEDULE I.
IRS990/DescribedInSection501c3Ind01
IRS990/DisregardedEntityInd00
IRS990/DocumentRetentionPolicyInd01
IRS990/DonorAdvisedFundInd00
IRS990/DonorRestrictionNetAssetsGrp/BOYAmt01938723988
IRS990/DonorRestrictionNetAssetsGrp/EOYAmt02198966765
IRS990/DonorRstrOrQuasiEndowmentsInd00
IRS990/ElectionOfBoardMembersInd00
IRS990/EmployeeCnt07
IRS990/EmploymentTaxReturnsFiledInd01
IRS990/EngagedInExcessBenefitTransInd00
IRS990/ExpenseAmt050051277
IRS990/FamilyOrBusinessRlnInd00
IRS990/FederalGrantAuditRequiredInd00
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt077750
IRS990/FeesForServicesAccountingGrp/TotalAmt077750
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt024428
IRS990/FeesForServicesLegalGrp/TotalAmt024428
IRS990/FeesForServicesLobbyingGrp/ManagementAndGeneralAmt050000
IRS990/FeesForServicesLobbyingGrp/TotalAmt050000
IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt0721497
IRS990/FeesForServicesOtherGrp/TotalAmt0721497
IRS990/FeesForSrvcInvstMgmntFeesGrp/ManagementAndGeneralAmt04405946
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt04405946
IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
IRS990/ForeignOfficeInd00
IRS990/Form1098CFiledInd00
IRS990/Form8282PropertyDisposedOfInd00
IRS990/Form8899Filedind00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt00.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt10.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt20.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt30.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt40.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt50.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt60.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt70.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt80.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt05.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt15.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt25.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt35.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt45.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt55.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt645.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt745.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt845.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OfficerInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd4X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt645582
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt733671
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt815631
IRS990/Form990PartVIISectionAGrp/PersonNm0JOHN W KELSO
IRS990/Form990PartVIISectionAGrp/PersonNm1MICHAEL C DOHERTY
IRS990/Form990PartVIISectionAGrp/PersonNm2JAMES B GALBRAITH
IRS990/Form990PartVIISectionAGrp/PersonNm3E J PEDERSON
IRS990/Form990PartVIISectionAGrp/PersonNm4KEITH BASSETT
IRS990/Form990PartVIISectionAGrp/PersonNm5WILLIAM R SEALY
IRS990/Form990PartVIISectionAGrp/PersonNm6DOUGLAS G ROGERS
IRS990/Form990PartVIISectionAGrp/PersonNm7JAMES S JOBE
IRS990/Form990PartVIISectionAGrp/PersonNm8GLADYS STANSBERRY
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt072000
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt172000
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt266000
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt372000
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt472000
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt572000
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt6426538
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt7176574
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt8106004
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT/DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt1VICE PRESIDENT/ DIR.
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6EXEC DIR/ SEC/TREAS
IRS990/Form990PartVIISectionAGrp/TitleTxt7ASST SEC/TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt8ASST TREASURER
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/FormationYr01922
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/OtherAmt033109054
IRS990/GainOrLossGrp/SecuritiesAmt017065817
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt07
IRS990/GrantAmt050051277
IRS990/GrantsPayableGrp/BOYAmt095883419
IRS990/GrantsPayableGrp/EOYAmt0106075392
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt050051277
IRS990/GrantsToDomesticOrgsGrp/TotalAmt050051277
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd01
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/OtherAmt033580247
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt0131473157
IRS990/GrossReceiptsAmt0250657818
IRS990/GrossRentsGrp/RealAmt01943252
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd00
IRS990/IndependentAuditFinclStmtInd00
IRS990/IndependentVotingMemberCnt06
IRS990/IndivRcvdGreaterThan100KCnt03
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt073071
IRS990/InsuranceGrp/TotalAmt073071
IRS990/InvestmentIncomeGrp/ExclusionAmt048214786
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt048214786
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt0514210606
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt0500035930
IRS990/InvestmentsPubTradedSecGrp/BOYAmt01350291256
IRS990/InvestmentsPubTradedSecGrp/EOYAmt01677149849
IRS990/IRPDocumentCnt019
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt0609860
IRS990/LandBldgEquipBasisNetGrp/BOYAmt08514593
IRS990/LandBldgEquipBasisNetGrp/EOYAmt08529560
IRS990/LandBldgEquipCostOrOtherBssAmt09139420
IRS990/LegalDomicileStateCd0TX
IRS990/LessCostOthBasisSalesExpnssGrp/OtherAmt0471193
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt0114407340
IRS990/LessRentalExpensesGrp/RealAmt035660
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd01
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MiscellaneousRevenueGrp/ExclusionAmt02261207
IRS990/MiscellaneousRevenueGrp/TotalRevenueColumnAmt02261207
IRS990/MissionDesc0TO PROVIDE FOR THE CONSTRUCTION, REMODELING, EQUIPPING, AND FURNISHING OF THE JOHN SEALY HOSPITAL AND OTHER HOSPITAL BUILDING OR BUILDINGS IN THE CITY OF GALVESTON, TX, IN CONNECTION WITH THE JOHN SEALY HOSPITAL, AND TO PROVIDE FOR HEALTHCARE OF CITIZENS OF GALVESTON THEREIN.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt01938723988
IRS990/NetAssetsOrFundBalancesEOYAmt02198966765
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt050174871
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt050174871
IRS990/NetRentalIncomeOrLossGrp/ExclusionAmt01907592
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt01907592
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt0182221861
IRS990/NondeductibleContributionsInd00
IRS990/OccupancyGrp/ManagementAndGeneralAmt093576
IRS990/OccupancyGrp/TotalAmt093576
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt045882
IRS990/OfficeExpensesGrp/TotalAmt045882
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt050801277
IRS990/OtherAssetsTotalGrp/EOYAmt051388990
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt061477
IRS990/OtherEmployeeBenefitsGrp/TotalAmt061477
IRS990/OtherExpensesGrp/Desc0PROPERTY TAXES
IRS990/OtherExpensesGrp/Desc1CUSTODIAN & BANK FEES
IRS990/OtherExpensesGrp/Desc2DUES & SUBSCRIPTIONS
IRS990/OtherExpensesGrp/Desc3INVESTMENT EXPENSES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0533968
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt181151
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt223091
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt313720
IRS990/OtherExpensesGrp/TotalAmt0533968
IRS990/OtherExpensesGrp/TotalAmt181151
IRS990/OtherExpensesGrp/TotalAmt223091
IRS990/OtherExpensesGrp/TotalAmt313720
IRS990/OtherLiabilitiesGrp/BOYAmt02423374
IRS990/OtherLiabilitiesGrp/EOYAmt0296375
IRS990/OtherRevenueMiscGrp/BusinessCd0900099
IRS990/OtherRevenueMiscGrp/BusinessCd1900099
IRS990/OtherRevenueMiscGrp/BusinessCd2900099
IRS990/OtherRevenueMiscGrp/Desc0OIL LEASE BONUSES
IRS990/OtherRevenueMiscGrp/Desc1VARIOUS DAMAGES
IRS990/OtherRevenueMiscGrp/Desc2HARBOR PROPERTIES
IRS990/OtherRevenueMiscGrp/ExclusionAmt02694951
IRS990/OtherRevenueMiscGrp/ExclusionAmt11377349
IRS990/OtherRevenueMiscGrp/ExclusionAmt21082779
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt02694951
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt11377349
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt21082779
IRS990/OtherRevenueTotalAmt07416286
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0168470
IRS990/OtherSalariesAndWagesGrp/TotalAmt0168470
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt049603
IRS990/PayrollTaxesGrp/TotalAmt049603
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt0112686
IRS990/PensionPlanContributionsGrp/TotalAmt0112686
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt069465
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt0111998
IRS990/PrincipalOfficerNm0DOUGLAS G ROGERS
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt022568304
IRS990/PYInvestmentIncomeAmt078712702
IRS990/PYOtherExpensesAmt06069201
IRS990/PYOtherRevenueAmt052134786
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0100783886
IRS990/PYSalariesCompEmpBnftPaidAmt01426097
IRS990/PYTotalExpensesAmt030063602
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0130847488
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt078020916
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd01
IRS990/RentalIncomeOrLossGrp/RealAmt01907592
IRS990/ReportInvestmentsOtherSecInd01
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RoyaltiesRevenueGrp/ExclusionAmt028030090
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt028030090
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0113202284
IRS990/SavingsAndTempCashInvstGrp/EOYAmt066834883
IRS990ScheduleA/Form990SchASupportingOrgGrp/Contribution35ControlledInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionControllerInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionFamilyInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ControlledDisqualifiedPrsnInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnControllIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ExcessBusinessHoldingsRulesInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ListedByNameGoverningDocInd01
IRS990ScheduleA/Form990SchASupportingOrgGrp/LoanDisqualifiedPersonInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/OrganizationChangeSuprtOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/PaymentSubstantialContribtrInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgNotOrganizedUSInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgSectionC456Ind00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd01
IRS990ScheduleA/Form990SchAType3FuncIntGrp/GovernmentalEntityInd0X
IRS990ScheduleA/Form990SchAType3SprtOrgAllGrp/OfficersCloseRelationshipInd00
IRS990ScheduleA/Form990SchAType3SprtOrgAllGrp/SupportedOrgVoiceInvestmentInd00
IRS990ScheduleA/Form990SchAType3SprtOrgAllGrp/TimelyProvidedDocumentsInd01
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0UTMB, THE SUPPORTED ORGANIZATION, IS NOT REQUIRED TO OBTAIN RECOGNITION OF ITS PUBLIC CHARITY STATUS SINCE IT IS A GOVERNMENTAL UNIT DESCRIBED IN IRC 170(B)(1)(A)(V). HOWEVER, THE ORGANIZATION HAS A COPY OF A LETTER, DATED OCTOBER 9, 1997, FROM THE IRS ACTING DISTRICT DIRECTOR STATING THAT THE UNIVERSITY OF TEXAS SYSTEM AND ALL OF ITS COMPONENT INSTITUTIONS, INCLUDING THE UNIVERSITY OF TEXAS MEDICAL BRANCH AT GALVESTON ("UTMB"), ARE DESCRIBED IN SECTIONS 170(B)(1)(A)(V) AND 170(C)(1) OF THE INTERNAL REVENUE CODE.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt1LEADERS FROM THE ORGANIZATION AND UTMB MEET ON A REGULAR BASIS TO DISCUSS UTMB'S ONGOING PROJECTS AND NEEDS. UTMB'S PRESIDENT REGULARLY ATTENDS THE ORGANIZATION'S BOARD OF DIRECTORS' MEETINGS, AS WELL AS MEETS FREQUENTLY WITH THE ORGANIZATION'S BOARD OF DIRECTORS' PRESIDENT. THE ORGANIZATION'S EXECUTIVE DIRECTOR MEETS OR SPEAKS WITH UTMB'S EXECUTIVE LEADERSHIP AT LEAST MONTHLY IF NOT MORE OFTEN. IN FACT, THE ORGANIZATION'S ASSISTANT SECRETARY AND SECOND IN COMMAND SPENDS A SIGNIFICANT AMOUNT OF TIME EACH MONTH WORKING DIRECTLY ON UTMB MATTERS. FURTHER, MEMBERS OF THE ORGANIZATION'S STAFF FREQUENTLY MEET OR SPEAK WITH OTHER UTMB LEADERS AND/OR STAFF EACH WEEK ON A VARIETY OF MATTERS THAT ARE IMPORTANT TO UTMB, INCLUDING, BUT NOT LIMITED TO PATIENT ACCESS TO DOCTORS, IMPLEMENTING NEW PROGRAMS, THE PROPERTIES THAT THE ORGANIZATION MANAGES FOR UTMB AND THE GRANTS THAT THE ORGANIZATION MAKES TO UTMB. THE ORGANIZATION AND UTMB HAVE MAINTAINED A CLOSE AND CONTINUOUS WORKING RELATIONSHIP FOR OVER 100 YEARS, WHICH ALLOWS THE ORGANIZATION TO BE RESPONSIVE TO UTMB'S NEEDS AND REQUESTS.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt2THE ORGANIZATION'S INVESTMENT DECISIONS ARE INFLUENCED BY THE GRANT REQUESTS IT RECEIVES FROM UTMB. UTMB, A GOVERNMENTAL ENTITY, IS THE ONLY CHARITABLE ORGANIZATION OR SUPPORTED ORGANIZATION TO WHICH THE ORGANIZATION MAKES GRANTS. MANY OF THE GRANTS THE ORGANIZATION MAKES TO UTMB ARE FOR LARGE CAPITAL EXPENDITURES. LEADERS OF UTMB MEET WITH THE ORGANIZATION THROUGHOUT THE YEAR TO DISCUSS THE NEED FOR GRANTS AND THEIR TIMING WHICH ALLOWS THE ORGANIZATION TO MANAGE ITS INVESTMENTS BASED ON UTMB'S GRANT NEEDS. ALTHOUGH UTMB DID NOT DRAFT THE ORGANIZATION'S INVESTMENT POLICY, IT DOES HAVE A SIGNIFICANT VOICE IN THE TIMING OF GRANTS, DICTATING THE GRANTS' PAYMENT SCHEDULES, AND SELECTING WHICH UTMB DEPARTMENTS WILL RECEIVE GRANTS.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt3THE ORGANIZATION IS A SUPPORTING ORGANIZATION TO UTMB, A GOVERNMENTAL ENTITY. THE ORGANIZATION WAS FORMED IN 1922 AND SINCE THAT TIME HAS MAINTAINED A CLOSE, CONTINUING AND HISTORIC RELATIONSHIP WITH UTMB. THE ORGANIZATION HAS CONTRIBUTED MORE THAN $1 BILLION TO SUPPORT MEDICAL EDUCATION AND THE DELIVERY OF HEALTHCARE AT UTMB, INCLUDING FUNDING FOR THE CONSTRUCTION OF UTMB'S HOSPITALS, ITS BIO-SAFETY LAB, STATE-OF-THE-ART MEDICAL EQUIPMENT, INCREASED CLINICAL STAFFING FOR PATIENTS, A HEART AND VASCULAR CENTER AND FUNDING FOR MEDICAL RESEARCH, INCLUDING COVID-19. THE ORGANIZATION IS ALSO THE LARGEST, SINGLE ENTITY CONTRIBUTOR TO A UNIVERSITY OF TEXAS SYSTEM INSTITUTION. THE ORGANIZATION, TOGETHER WITH UTMB, HAS PROVIDED THE VISION AND STRATEGIC DIRECTION THAT ALLOWS UTMB TO SERVE GALVESTON, THE STATE OF TEXAS AND THE NATION AS A PREMIER HEALTH INSTITUTION. THE ORGANIZATION AND UTMB'S LEADERS MEET ON A REGULAR BASIS TO DISCUSS UTMB'S ONGOING PROJECTS AND NEEDS, AS WELL AS PROVIDING COUNSEL DURING CONSTRUCTION OF MANY OF THE PROJECTS BUILT FOR UTMB. AS PREVIOUSLY STATED,THE ORGANIZATION'S BOARD MEETS AND CONSIDERS UTMB'S NEEDS WHEN MAKING INVESTMENT DECISIONS. THE ORGANIZATION ENGAGES IN MANY CHARITABLE ACTIVITIES ON BEHALF OF UTMB. FOR EXAMPLE, THE ORGANIZATION OWNS PROPERTY AND BUILDINGS THAT UTMB USES FOR ITS CHARITABLE AND EDUCATIONAL MISSION. THE ORGANIZATION OWNS, MAINTAINS AND MANAGES SEVERAL OF THESE PROPERTIES AND WORKS WITH UTMB TO ENSURE THAT THE UPKEEP OF THESE PROPERTIES MEETS UTMB'S EXPECTATIONS. FOR INSTANCE, THE ORGANIZATION PROVIDES THREE PATIENT CARE FACILITIES AT NO COST, INCLUDING INSURANCE COVERAGE AND MAINTENANCE FOR THE EXTERIOR ENVELOPE (WINDOWS, ROOFS, ETC.)/GROUNDS OF THE PROPERTIES AND MAJOR COMPONENTS SUCH AS EXTERIOR CLIMATE CONTROL EQUIPMENT. THESE PROPERTIES INCLUDE THE PRIMARY CARE PAVILION, R. WAVERLEY SMITH PAVILION, UTMB OPHTHALMOLOGY/OTOLARYNGOLOGY CENTER OF EXCELLENCE. ADDITIONAL PROPERTIES OWNED BY THE ORGANIZATION AND USED BY UTMB INCLUDE THE EWING HALL RESEARCH BUILDING AND THE DIABETES FOOD PANTRY FACILITY. THE ORGANIZATION ALSO PROVIDES, AT NO COST TO UTMB, FACILITIES ON CAMPUS FOR PARKING, INCLUDING A PARKING GARAGE AND PARKING LOT. THE UTMB ACCOUNTING OFFICES, LOCATED IN A BUILDING OWNED BY THE ORGANIZATION, ARE ALSO MAINTAINED BY THE ORGANIZATION AT NO EXPENSE TO UTMB. DURING 2024, THE LEADERSHIP OF THE ORGANIZATION AND UTMB MET NUMEROUS TIMES TO DISCUSS PROGRAMS AND FACILITIES. THE ORGANIZATION'S LEADERS AND UTMB'S LEADERSHIP COLLABORATED ON THE ESTABLISHMENT OF A HEART AND VASCULAR INSTITUTE. THE ORGANIZATION'S $30 MILLION GRANT, ALONG WITH UTMB'S $15 MILLION INVESTMENT, WILL ESTABLISH UTMB AS A PREMIER DESTINATION FOR CARDIOVASCULAR CARE, RESEARCH, INNOVATION, AND EDUCATION. IN ADDITION TO THE GRANT, THE ORGANIZATION AGREED TO MAKE FURTHER STRATEGIC INVESTMENTS TO SUPPORT THE CREATION OF EXPANDED, CONSOLIDATED, STATE-OF-THE-ART CARDIOVASCULAR FACILITIES AT JENNIE SEALY HOSPITAL, ALONG WITH A NEW ADVANCED AMBULATORY CENTER AT THE PRIMARY CARE PAVILION. THE ORGANIZATION ALSO PARTNERED WITH UTMB TO BUILD OUT AND EQUIP A CANCER INFUSION CENTER AT THE PRIMARY CARE PAVILION WITH GRANTS OF $10.5 MILLION. DURING 2024, THE ORGANIZATION PROVIDED UTMB WITH OVER $50 MILLION IN FUNDING FOR HEALTHCARE, MEDICAL EDUCATION AND RESEARCH.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0PART IV, SECTION E, LINE 1C-HOW SUPPORTED GOVERNMENT ENTITY
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc1PART IV, SECTION D, LINE 2 - EXPLANATION OF WORKING RELATIONSHIP
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc2PART IV, SECTION D, LINE 3
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc3PART IV, SECTION E, LINE 1C-HOW SUPPORTED GOVERNMENT ENTITY
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/SupportedOrganizationsCnt01
IRS990ScheduleA/SupportedOrganizationsTotalCnt01
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0746000949
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd01
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd06
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/SupportAmt050051277
IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt0JOHN SEALY HOSPITAL UTMB GALVESTON
IRS990ScheduleA/SupportingOrganization509a3Ind0X
IRS990ScheduleA/SupportingOrgType3FuncIntInd0X
IRS990ScheduleA/SupportSumAmt050051277
IRS990/ScheduleBRequiredInd00
IRS990ScheduleC/AvgGrassrootsNontaxableGrp/CurrentYearAmt0250000
IRS990ScheduleC/AvgGrassrootsNontaxableGrp/CurrentYearMinus1Amt0250000
IRS990ScheduleC/AvgGrassrootsNontaxableGrp/CurrentYearMinus2Amt0250000
IRS990ScheduleC/AvgGrassrootsNontaxableGrp/CurrentYearMinus3Amt0250000
IRS990ScheduleC/AvgGrassrootsNontaxableGrp/TotalAmt01000000
IRS990ScheduleC/AvgLobbyingNontaxableAmountGrp/CurrentYearAmt01000000
IRS990ScheduleC/AvgLobbyingNontaxableAmountGrp/CurrentYearMinus1Amt01000000
IRS990ScheduleC/AvgLobbyingNontaxableAmountGrp/CurrentYearMinus2Amt01000000
IRS990ScheduleC/AvgLobbyingNontaxableAmountGrp/CurrentYearMinus3Amt01000000
IRS990ScheduleC/AvgLobbyingNontaxableAmountGrp/TotalAmt04000000
IRS990ScheduleC/AvgTotalLobbyingExpendGrp/CurrentYearAmt050000
IRS990ScheduleC/AvgTotalLobbyingExpendGrp/CurrentYearMinus1Amt060000
IRS990ScheduleC/AvgTotalLobbyingExpendGrp/CurrentYearMinus2Amt010000
IRS990ScheduleC/AvgTotalLobbyingExpendGrp/TotalAmt0120000

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2024 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$2,305,818,243
Liabilities
$106,851,478
Net assets
$2,198,966,765
Revenue
$135,743,625
Expenses
$57,722,709
Net income
$78,020,916
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$2,306$107$2,199$136$57.7$78.0
2023Summary only. Only limited summary data is available for this year.$2,038$99.0$1,939$131$30.1$101
2022Summary only. Only limited summary data is available for this year.$1,675$121$1,554$159$31.8$127
2021Summary only. Only limited summary data is available for this year.$1,824$145$1,679$194$59.9$134
2020Summary only. Only limited summary data is available for this year.$1,512$117$1,396$86.6$23.0$63.5
2019Summary only. Only limited summary data is available for this year.$1,378$118$1,259$134$35.9$98.5
2018Summary only. Only limited summary data is available for this year.$1,173$122$1,050$97.5$12.8$84.7
2017Summary only. Only limited summary data is available for this year.$1,292$159$1,133$90.6$25.2$65.3
2016Summary only. Only limited summary data is available for this year.$1,122$175$947$43.9$17.7$26.2
2015Summary only. Only limited summary data is available for this year.$1,063$184$879$61.0$84.9$23.9
2014Summary only. Only limited summary data is available for this year.$1,107$131$976$100.0$13.3$86.7
2013Summary only. Only limited summary data is available for this year.$1,065$140$926$65.9$13.1$52.7
2012Summary only. Only limited summary data is available for this year.$904$148$756$50.7$13.6$37.1
2011Summary only. Only limited summary data is available for this year.$824$156$668$56.9$129$71.7
Peer Organizations

Similar nonprofits based on the same Siviq industry and scale cohort. 2024 filings • 501(c)3 • $1B+ nonprofits