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Nonprofit · EIN 74-6073346

TEXAS MEDICAL ASSOCIATION FOUNDATION

Tax-exempt · AUSTIN, TX 78701

Financials

$1.4M$1.4M2023$1.7M$1.4M2024
Revenue Expenses · by fiscal year end
Financials of TEXAS MEDICAL ASSOCIATION FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$1,677,167$1,370,477$306,690$16,951,177$334,450$16,616,727
December 31, 2023990$1,382,896$1,419,861-$36,965$15,515,383$318,517$15,196,866
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$822,381
Program service revenue
$0
Investment income
$727,153
Net gain from sales of assets
$315,489
Net income from fundraising events
$89,923
Other revenue
$127,633

Expenses

Grants and similar amounts paid
$663,217
Compensation of officers, directors and key employees
$180,988
Other salaries and wages
$162,831
Salaries, compensation and benefits (total)
$411,442
Professional fundraising fees
$0
Accounting fees
$16,275
Occupancy
$34,363
Travel
$7,519
Program services (functional)
$798,605
Management and general (functional)
$375,457
Fundraising (functional)
$196,415

Balance sheet and other

Total assets, start of year
$15,515,383
Total assets, end of year
$16,951,177
Total liabilities, end of year
$334,450
Net assets, end of year
$16,616,727
Publicly traded securities
$16,545,104
Net assets without donor restrictions
$4,074,330
Net assets with donor restrictions
$12,542,397
Gross receipts
$2,538,996
Employees
0
Volunteers
100
Year formed
1966
State of legal domicile
TX

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensationOther / benefits
LISA STARK WALSHEXECUTIVE DIRECTOR
Officer
40$141,080$39,908
CARLA F ORTIQUE MDPRESIDENT 2023-2024
Trustee or director, Officer
0$0$0
MICHAEL E SPEER MDIMMEDIATE PAST PRESIDENT 2023-2024
Trustee or director, Officer
0$0$0
CLIFFORD K MOY MDVICE PRESIDENT 2023-2024
Trustee or director, Officer
0$0$0
KIM M RICE MDSECRETARY 2023-2024
Trustee or director, Officer
0$0$0
AMY WHITEDTREASURER 2023-2024
Trustee or director, Officer
0$0$0
G RAY CALLAS MDTRUSTEE
Trustee or director
0$0$0
KIMBERLY CARTER MDTRUSTEE
Trustee or director
0$0$0
JOY LO CHEN MDYOUNG PHYSICIAN SECTION REPRESENTATIVE 23-24
Trustee or director
0$0$0
ANGELA B DONAHUETRUSTEE
Trustee or director
0$0$0
MAX GALVAN MDRESIDENT AND FELLOWS SECTION REPRESENTATIVE 24-25
Trustee or director
0$0$0
CURTIS ERIC GREY MDTRUSTEE
Trustee or director
0$0$0
ZISHAN HIRANI MDYOUNG PHYSICIAN SECTION REPRESENTATIVE 24-25
Trustee or director
0$0$0
ISABEL V HOVERMAN MDTRUSTEE
Trustee or director
0$0$0
PRUTHALI KULKARNI DORESIDENT AND FELLOWS SECTION REPRESENTATIVE 23-24
Trustee or director
0$0$0
14 more people on this return
NameTitleHours / weekCompensation
DAVID LANDRYTRUSTEE
Trustee or director
0$0
DEBBIE MASSINGILLTRUSTEE
Trustee or director
0$0
LI-YU H MITCHELL MDTRUSTEE
Trustee or director
0$0
SUNSHINE MOOREEXEC-COMM. MEMBER AT LARGE
Trustee or director
0$0
MIKE MOSKOVITZTRUSTEE
Trustee or director
0$0
YUSUF MUFTITRUSTEE
Trustee or director
0$0
CRAIG NORMAN RPHTRUSTEE
Trustee or director
0$0
PETER PARKTRUSTEE
Trustee or director
0$0
STUART C PICKELL MD FACP FAAPTRUSTEE
Trustee or director
0$0
DEBORAH PITTSTRUSTEE
Trustee or director
0$0
MELISSA ROWAN MSW MBATRUSTEE
Trustee or director
0$0
JAYESH B SHAH MDTRUSTEE
Trustee or director
0$0
JOI SMITHTRUSTEE
Trustee or director
0$0
NATASHA TOPOLSKIMEDICAL STUDENT SECTION REPRESENTATIVE 24-25
Trustee or director
0$0
990 for the year ended December 31, 2023: 24 people
NameTitleHours / weekCompensationOther / benefits
LISA STARK WALSHEXECUTIVE DIRECTOR
Officer
40$136,980$38,134
CARLA F ORTIQUE MDPRESIDENT 2023-2024/VICE PRESIDENT 2021-2023
Trustee or director, Officer
0$0$0
MICHAEL E SPEER MDPRESIDENT 2021-2023
Trustee or director, Officer
0$0$0
SUSAN M PIKE MDIMMEDIATE PAST PRESIDENT 2022-2023
Trustee or director, Officer
0$0$0
CLIFFORD K MOY MDVICE PRESIDENT 2023-2024/TREASURER 2022-2023
Trustee or director, Officer
0$0$0
KIM M RICE MDSECRETARY 2023-2024
Trustee or director, Officer
0$0$0
DEBORAH PITTSSECRETARY2022-2023
Trustee or director, Officer
0$0$0
AMY WHITEDTREASURER 2023-2024/TRUSTEE 2022-2023
Trustee or director, Officer
0$0$0
G RAY CALLAS MDTRUSTEE
Trustee or director
0$0$0
GATES B COLBERT MD FASNYOUNG PHYSICIAN SECTION REPRESENTATIVE 2022-2023
Trustee or director
0$0$0
JOY LO CHEN MDYOUNG PHYSICIAN SECTION REPRESENTATIVE 2023-2024
Trustee or director
0$0$0
ANGELA B DONAHUETRUSTEE
Trustee or director
0$0$0
ASHANTI DUNMEYER MDRESIDENT AND FELLOWS SECTION REPRESENTATIVE 2022-2
Trustee or director
0$0$0
CURTIS ERIC GREY MDTRUSTEE
Trustee or director
0$0$0
R MOSS HAMPTON MDTRUSTEE
Trustee or director
0$0$0
ISABEL V HOVERMAN MDTRUSTEE
Trustee or director
0$0$0
STEVEN H KELDER MPH PHDTRUSTEE
Trustee or director
0$0$0
PRUTHALI KULKARNI DORESIDENT AND FELLOWS SECTION REPRESENTATIVE 2023-2
Trustee or director
0$0$0
DAVID LANDRYTRUSTEE
Trustee or director
0$0$0
PARKER MITCHELLMEDICAL STUDENT SECTION REPRESENTATIVE 2022-2023
Trustee or director
0$0$0
SUNSHINE MOORETRUSTEE
Trustee or director
0$0$0
YUSUF MUFTIMEDICAL STUDENT SECTION REPRESENTATIVE 2023-2025
Trustee or director
0$0$0
RICHARD W RICK SNYDER II MDTRUSTEE
Trustee or director
0$0$0
STUART C PICKELL MD FACP FAAPTRUSTEE
Trustee or director
0$0$0

Address and contacts

Address (IRS master file)
401 W 15TH ST, AUSTIN, TX 78701-1624
Principal officer (990 for 2024)
LISA STARK WALSH, 401 WEST 15TH STREET, AUSTIN, TX 78701
Signed the 990
CLIFFORD MOY, PRESIDENT
Phone
(512) 370-1664

Mission

THE FOUNDATION PROVIDES FOR PUBLIC HEALTH, MEDICAL, AND EDUCATIONAL PROGRAMS.

990 for the year ended December 31, 2024

Program accomplishments

  • DIVERSITY IN MEDICINE SCHOLARSHIP.
    Expenses $154,753 · grants $141,212
  • VACCINES DEFEND WHAT MATTERS.
    Expenses $85,997 · grants $72,458
  • WALK WITH A DOC TEXAS.
    Expenses $83,493 · grants $76,723
  • HARD HATS FOR LITTLE HEADS.
    Expenses $56,392 · grants $49,623
  • EXCELLENCE IN SCIENCE TEACHING AWARDS PROGRAM.
    Expenses $64,680 · grants $57,911
  • NURSING STUDENT SCHOLARSHIPS.
    Expenses $153,639 · grants $140,100
  • MEDICAL COMMUNITY GRANTS.
    Expenses $57,620 · grants $33,250
  • MEDICAL STUDENT COMMUNITY LEADERSHIP GRANTS.
    Expenses $41,199 · grants $20,893
  • BAYARDO MEDICAL SCHOLARSHIP GRANT PROGRAMS.
    Expenses $35,769 · grants $29,000
  • TMA AND ALLIANCE SUPPORTED PROGRAMS.
    Expenses $25,055 · grants $22,347
  • PATEL SCHOLARSHIP.
    Expenses $17,739 · grants $4,200
  • JOHN P. MCGOVERN CHAMPION OF HEALTH AWARD.
    Expenses $17,269 · grants $10,500
  • LEADERSHIP IN MEDICINE LECTURESHIP.
    Expenses $5,000 · grants $5,000

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
74-6073346
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1966
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$16,951,177
Income (IRS master file)
$2,538,996

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$1,677,167$1,370,477$16,951,177XML
990December 2023$1,382,896$1,419,861$15,515,383XML
990December 2022$1,314,959$1,334,193$14,038,201IRS
990December 2021–––IRS
990December 2020–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 74-6073346).

Questions about TEXAS MEDICAL ASSOCIATION FOUNDATION

What is the EIN of TEXAS MEDICAL ASSOCIATION FOUNDATION?
The employer identification number (EIN) of TEXAS MEDICAL ASSOCIATION FOUNDATION is 74-6073346.
Is TEXAS MEDICAL ASSOCIATION FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1966.
Are donations to TEXAS MEDICAL ASSOCIATION FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does TEXAS MEDICAL ASSOCIATION FOUNDATION file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of TEXAS MEDICAL ASSOCIATION FOUNDATION due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did TEXAS MEDICAL ASSOCIATION FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of TEXAS MEDICAL ASSOCIATION FOUNDATION?
The 990 for the year ended December 31, 2024 names LISA STARK WALSH.
Who are the officers and directors of TEXAS MEDICAL ASSOCIATION FOUNDATION?
The 990 for the year ended December 31, 2024 lists 29 people; 1 received compensation from the organization, the highest $141,080 (LISA STARK WALSH, EXECUTIVE DIRECTOR).
How much revenue does TEXAS MEDICAL ASSOCIATION FOUNDATION have?
On its 990 for the year ended December 31, 2024 it reported revenue of $1,677,167, expenses of $1,370,477 and total assets of $16,951,177 at year end.

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