SOUTHWESTERN MEDICAL FOUNDATION

Inspiring Progress in Medicine

aka Southwestern Medical Foundation   |   Dallas, TX   |  www.swmedical.org

Mission

Southwestern Medical Foundation is a public charity and a registered 501(c)(3) organized in 1939 with a question: “Why not a great medical center in the Southwestern United States?” The Foundation was created to rally citizens in support of the highest quality health care possible in the Southwestern U.S. Our goal continues to inspire leaders to join us in continuing to build the great medical center we began. We believe in empowering the individual to play an active role in their health. We believe that we are all bound together in this so-called bundle of life. We are honored to lift up leadership in our community to inspire great citizenship and great deeds. We believe that progress in medicine requires sustainable funding.

Ruling year info

1940

President and CEO

Ms. Kathleen M. Gibson

Main address

3889 Maple Avenue Suite 100

Dallas, TX 75219 USA

Show more contact info

EIN

75-0945939

NTEE code info

Public Foundations (T30)

Fund Raising and/or Fund Distribution (E12)

IRS filing requirement

This organization is required to file an IRS Form 990 or 990-EZ.

Sign in or create an account to view Form(s) 990 for 2019, 2018 and 2017.
Register now

Communication

Programs and results

What we aim to solve

SOURCE: Self-reported by organization

Southwestern Medical Foundation began with a question: “Why not a great medical center in the Southwestern United States?” In 1939, the Foundation was created to rally citizens in support of the highest quality health care possible in the Southwestern U.S. Today, the Foundation provides long-term, sustainable funding for: Medical Education: Scholarships for medical students and funding to attract and retain top faculty to inspire and educate the next generation of physicians who will serve our community and beyond. Medical Research: Funding work that will lead to tomorrow's cures. Patient Care: Supporting the delivery of high-quality patient care.

Our programs

SOURCE: Self-reported by organization

What are the organization's current programs, how do they measure success, and who do the programs serve?

Supporting Exceptional Medical Education

The Foundation supports medical education at UT Southwestern and other academic medical centers in the following ways: scholarships and awards to medical and graduate students; funds that support top faculty to educate medical students; and funds that provide important student benefits.

Population(s) Served
Adults

The Foundation is an important financial resource that helps fund innovative, internationally-recognized research and groundbreaking developments. The Foundation is dedicated to helping leader in medicine make discoveries that lead to lasting improvements in health care.

Population(s) Served
Adults

Southwestern Medical Foundation helps fund the delivery of world-class patient care at UT Southwestern affiliated hospitals and others throughout the country.

Population(s) Served
Adults

As part of its mission to serve the public and to ensure access to credible health information, the Foundation offers a variety of programming and resources around key public health issues.

Population(s) Served
Adults

Where we work

Our results

SOURCE: Self-reported by organization

How does this organization measure their results? It's a hard question but an important one.

Number of endowments

This metric is no longer tracked.
Totals By Year
Population(s) Served

Adults

Type of Metric

Output - describing our activities and reach

Direction of Success

Increasing

Context Notes

Endowed funds allow the Foundation to meet the health care challenges of today while also growing the capacity to meet the demands of tomorrow.

Our Sustainable Development Goals

SOURCE: Self-reported by organization

Learn more about Sustainable Development Goals.

Goals & Strategy

SOURCE: Self-reported by organization

Learn about the organization's key goals, strategies, capabilities, and progress.

Charting impact

Four powerful questions that require reflection about what really matters - results.

Southwestern Medical Foundation is a public charitable corporation and registered 501(c)(3) organization inspiring and advancing progress in medicine.

The Foundation’s mission is to connect the vision of donors with highly innovative programs and serve as a sustainable funding source for leading-edge research, medical education, and patient care.

In 1943, the Foundation started Southwestern Medical College on the same grounds that our office sits today, behind an early Parkland Hospital. That medical college is now known as UT Southwestern Medical Center. For over eight decades, the Foundation has helped transform the North Texas region from what was referred as a “medical wilderness” to a world-renowned medical district leading groundbreaking advances in medical progress.

Southwestern Medical Foundation currently manages nearly $1 billion in assets. With the support of donors, the Foundation has helped build Dallas’ health care infrastructure with its leaders involved in efforts since our beginnings.

The Foundation employs a variety of strategies to inspire, inform, and engage the community in advancing progress in medicine, including educational resources and programming, resource navigation, and public policy advocacy. The Foundation utilizes proven financial and investment strategies such as diversified asset allocation to responsibly manage and grow its endowment and assets.

As a responsible steward of its donors and financial assets, the Foundation combines sound business principles with process-centered thinking, leading to best outcomes and ensuring performance that meets the highest standards.

Through the guidance of its Board of Trustees, expertise of its staff, and insights from trusted partners, the Foundation has the necessary capabilities to advance its mission.

The Foundation has connected a visionary and generous community with brilliant medical minds for more than 80 years, resulting in extraordinary medical progress for the southwestern United States and beyond in the areas of mineral metabolism, cancer, cholesterol, brain injury and illness, and others. These incredible stories of impact can be found on our website: swmedical.org.

Currently, the Foundation manages over 1,000 funds and nearly $1 billion in assets that help sustain excellence in medical research, medical education, and patient care in our region. The Financial Review section on our website shares much more about the Foundation's role in advancing progress in medicine. Learn more here: swmedical.org/about-us/financial-review.

How we listen

SOURCE: Self-reported by organization

Seeking feedback from people served makes programs more responsive and effective. Here’s how this organization is listening.

done We demonstrated a willingness to learn more by reviewing resources about feedback practice.
done We shared information about our current feedback practices.
  • Who are the people you serve with your mission?

    The Foundation serves the following groups through its grants: medical and research students through scholarships; patients primarily in the DFW Metroplex area through funds that sustain high quality clinical care; and the broader community in Texas and beyond by ensuring a healthier future for all through grants enabling world-class medical research. Additionally, the Foundation serves a broad audience online through our programs to share credible health information and convene leading experts on key public health issues.

  • How is your organization collecting feedback from the people you serve?

    Electronic surveys (by email, tablet, etc.), Focus groups or interviews (by phone or in person), Constituent (client or resident, etc.) advisory committees, Suggestion box/email,

  • How is your organization using feedback from the people you serve?

    To identify bright spots and enhance positive service experiences, To inform the development of new programs/projects, To strengthen relationships with the people we serve, To understand people's needs and how we can help them achieve their goals,

  • What significant change resulted from feedback?

    The Foundation created and maintains online resources on the latest COVID-19 health information, vaccination information especially for the DFW area, and key breakthroughs. This is in response to input from our constituents about the need for a curated source of credible information to help them manage through the pandemic.

  • With whom is the organization sharing feedback?

    The people we serve, Our staff, Our board, Our funders, Our community partners,

  • How has asking for feedback from the people you serve changed your relationship?

    Better understanding our community's current and future needs enables the Foundation to work to ensure sustainable funding to support these needs and to address the major health challenges of our state and beyond.

  • Which of the following feedback practices does your organization routinely carry out?

    We collect feedback from the people we serve at least annually, We take steps to ensure people feel comfortable being honest with us, We engage the people who provide feedback in looking for ways we can improve in response, We act on the feedback we receive, We tell the people who gave us feedback how we acted on their feedback,

  • What challenges does the organization face when collecting feedback?

    It is difficult to get the people we serve to respond to requests for feedback, We don’t have the right technology to collect and aggregate feedback efficiently,

Financials

SOUTHWESTERN MEDICAL FOUNDATION
lock

Unlock financial insights by subscribing to our monthly plan.

Subscribe

Unlock nonprofit financial insights that will help you make more informed decisions. Try our monthly plan today.

  • Analyze a variety of pre-calculated financial metrics
  • Access beautifully interactive analysis and comparison tools
  • Compare nonprofit financials to similar organizations

Want to see how you can enhance your nonprofit research and unlock more insights?
Learn more about GuideStar Pro.

Operations

The people, governance practices, and partners that make the organization tick.

lock

Connect with nonprofit leaders

Subscribe

Build relationships with key people who manage and lead nonprofit organizations with GuideStar Pro. Try a low commitment monthly plan today.

  • Analyze a variety of pre-calculated financial metrics
  • Access beautifully interactive analysis and comparison tools
  • Compare nonprofit financials to similar organizations

Want to see how you can enhance your nonprofit research and unlock more insights? Learn More about GuideStar Pro.

lock

Connect with nonprofit leaders

Subscribe

Build relationships with key people who manage and lead nonprofit organizations with GuideStar Pro. Try a low commitment monthly plan today.

  • Analyze a variety of pre-calculated financial metrics
  • Access beautifully interactive analysis and comparison tools
  • Compare nonprofit financials to similar organizations

Want to see how you can enhance your nonprofit research and unlock more insights? Learn More about GuideStar Pro.

SOUTHWESTERN MEDICAL FOUNDATION

Board of directors
as of 9/3/2021
SOURCE: Self-reported by organization
Board chair

Mr. James Huffines

Board leadership practices

SOURCE: Self-reported by organization

GuideStar worked with BoardSource, the national leader in nonprofit board leadership and governance, to create this section.

  • Board orientation and education
    Does the board conduct a formal orientation for new board members and require all board members to sign a written agreement regarding their roles, responsibilities, and expectations? Yes
  • Ethics and transparency
    Have the board and senior staff reviewed the conflict-of-interest policy and completed and signed disclosure statements in the past year? Yes
  • Board composition
    Does the board ensure an inclusive board member recruitment process that results in diversity of thought and leadership? Yes

Organizational demographics

SOURCE: Self-reported; last updated 02/26/2021

Who works and leads organizations that serve our diverse communities? GuideStar partnered on this section with CHANGE Philanthropy and Equity in the Center.

Leadership

The organization's leader identifies as:

Race & ethnicity
White/Caucasian/European

Race & ethnicity

No data

Gender identity

No data

 

No data

Sexual orientation

No data

Disability

No data