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Nonprofit · EIN 75-1788520

METHODIST RICHARDSON MEDICAL CENTER FOUNDATION

Tax-exempt · RICHARDSON, TX 75080

Financials

$675K$99K2022$311K$97K2022$214K$1.2M2023$524K$408K2024
Revenue Expenses · by fiscal year end
Financials of METHODIST RICHARDSON MEDICAL CENTER FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
September 30, 2025990$523,831$407,549$116,282$3,264,111$24,590$3,239,521
September 30, 2024990$213,968$1,181,795-$967,827$3,082,659$0$3,082,659
September 30, 2023990$311,320$96,631$214,689$4,010,696$22,562$3,988,134
May 31, 2023990$675,148$99,282$575,866$3,704,121$22,562$3,681,559
Financial details: 990 for the year ended September 30, 2025

Revenue

Contributions, gifts and grants
$623,643
of which government grants
$13,500
Program service revenue
$0
Investment income
$91,881
Net gain from sales of assets
$23,511
Net income from fundraising events
-$191,693
Other revenue
-$191,693

Expenses

Grants and similar amounts paid
$398,253
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Program services (functional)
$398,253
Management and general (functional)
$9,296

Balance sheet and other

Total assets, start of year
$3,082,659
Total assets, end of year
$3,264,111
Total liabilities, end of year
$24,590
Net assets, end of year
$3,239,521
Publicly traded securities
$690,896
Net assets without donor restrictions
$1,594,055
Net assets with donor restrictions
$1,645,466
Gross receipts
$752,112
Employees
0
Volunteers
14
Year formed
1981
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 September 30, 2025, highest compensation first.

NameTitleHours / weekCompensationFrom related orgsOther / benefits
DEREK WILLIAMS MDBOARD CHAIR / VICE CHAIR-CAPITAL FUND (BEGIN. JANUARY 2025) / DIRECTOR
Trustee or director, Officer
0.1$0$1,230,010$21,412
E KENNETH HUTCHENRIDERDIRECTOR
Trustee or director
0.1$0$1,051,894$137,983
ABIR AHMAD MDDIRECTOR
Trustee or director
0.1$0$575,714$8,520
LORI VILLARREALEXECUTIVE DIRECTOR
Officer
40$0$162,264$18,858
PARIN MAKADIA MDDIRECTOR
Trustee or director
0.1$0$34,842$0
CATHERINE BURDETTESECRETARY (THROUGH DECEMBER 2024)
Trustee or director, Officer
0.1$0$0$0
CLAY HARRISONBOARD CHAIR (THROUGH DECEMBER 2024)
Trustee or director, Officer
0.1$0$0$0
MARTA GOMEZ FREYVICE CHAIR-DEVELOPMENT (BEGINNING JANUARY 2025) / DIRECTOR
Trustee or director, Officer
0.1$0$0$0
MARY BEDOSKYVICE CHAIR-FINANCE (THROUGH DEC. 2024) / DIRECTOR
Trustee or director, Officer
0.1$0$0$0
SARAH GREENVICE CHAIR OF FINANCE (BEGIN. JANUARY 2025) / DIRECTOR
Trustee or director, Officer
0.1$0$0$0
TEDDY KINZERVICE CHAIR-DEVELOPMENT (THROUGH DEC. 2024) / DIRECTOR
Trustee or director, Officer
0.1$0$0$0
AMY KINGDIRECTOR (THROUGH JULY 2025)
Trustee or director
0.1$0$0$0
ANGELA TUCKERDIRECTOR (BEGINNING JANUARY 2025)
Trustee or director
0.1$0$0$0
BARRY YOUNGDIRECTOR (THROUGH DECEMBER 2024)
Trustee or director
0.1$0$0$0
CHELSEA MILLERDIRECTOR (BEGINNING JANUARY 2025)
Trustee or director
0.1$0$0$0
9 more people on this return
NameTitleHours / weekCompensation
DEBORAH CARROLLDIRECTOR (BEGINNING JANUARY 2025)
Trustee or director
0.1$0
EVA HUMMELDIRECTOR (BEGINNING JANUARY 2025)
Trustee or director
0.1$0
KRISTY TYRADIRECTOR (BEGINNING JANUARY 2025)
Trustee or director
0.1$0
MARK KINGDIRECTOR
Trustee or director
0.1$0
RICHARD RAMEYDIRECTOR
Trustee or director
0.1$0
ROBERT MURPHYDIRECTOR (BEGINNING JANUARY 2025)
Trustee or director
0.1$0
SUZI KENNONDIRECTOR
Trustee or director
0.1$0
TERE ZANDYDIRECTOR
Trustee or director
0.1$0
YOGI CHIMATA MDDIRECTOR (THROUGH DECEMBER 2024)
Trustee or director
0.1$0
990 for the year ended September 30, 2024: 21 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
DEREK WILLIAMS MDDIRECTOR
Trustee or director
0.1$0$1,186,913$23,732
E KENNETH HUTCHENRIDERDIRECTOR
Trustee or director
0.1$0$957,729$135,781
ABIR AHMAD MDDIRECTOR
Trustee or director
0.1$0$593,420$8,813
LORI VILLARREALExecutive Director
Officer
40$0$157,604$24,767
PARIN MAKADIA MDDIRECTOR
Trustee or director
0.1$0$44,250$0
CATHERINE BURDETTESECRETARY (BEGINNING JAN 2024)
Trustee or director, Officer
0.1$0$0$0
CINDI JACKSONSECRETARY (THROUGH DEC 2023)
Trustee or director, Officer
0.1$0$0$0
CLAY HARRISONCHAIR (BEGINNING JAN 2024)
Trustee or director, Officer
0.1$0$0$0
GLENN SCOTTCHAIR (THROUGH DEC 2023)
Trustee or director, Officer
0.1$0$0$0
Marta Gomez FreyVice Chair of Governance
Trustee or director, Officer
0.1$0$0$0
MARY BEDOSKYVice Chair of Finance
Trustee or director, Officer
0.1$0$0$0
TEDDY KINZERVICE CHAIR OF FUND DEVELOPMENT (BEGINNING JAN 2024)
Trustee or director, Officer
0.1$0$0$0
AMY KINGDIRECTOR (BEGINNING JAN 2024)
Trustee or director
0.1$0$0$0
BARRY YOUNGDIRECTOR
Trustee or director
0.1$0$0$0
DANNA MELCHERDIRECTOR (THROUGH JAN 2024)
Trustee or director
0.1$0$0$0
MARK KINGDIRECTOR (BEGINNING JAN 2024)
Trustee or director
0.1$0$0$0
RICHARD RAMEYDIRECTOR
Trustee or director
0.1$0$0$0
SARAH GREENDIRECTOR (BEGINNING JAN 2024)
Trustee or director
0.1$0$0$0
SUZI KENNONDIRECTOR (BEGINNING JAN 2024)
Trustee or director
0.1$0$0$0
TERE ZANDYDIRECTOR (BEGINNING JAN 2024)
Trustee or director
0.1$0$0$0
YOGI CHIMATA MDDIRECTOR
Trustee or director
0.1$0$0$0
990 for the year ended September 30, 2023: 13 people
NameTitleHours / weekCompensation
CINDI JACKSONSECRETARY
Trustee or director, Officer
1$0
CLAY HARRISONVICE CHAIR OF FUND DEVELOPMENT
Trustee or director, Officer
1$0
GLENN SCOTTCHAIR
Trustee or director, Officer
1$0
Marta Gomez FreyVICE CHAIR OF GOVERNANCE
Trustee or director, Officer
1$0
MARY BEDOSKYVICE CHAIR OF FINANCE
Trustee or director, Officer
1$0
ABIR AHMAD MDDirector
Trustee or director
1$0
BARRY YOUNGDirector
Trustee or director
1$0
CATHERINE BURDETTEDirector
Trustee or director
1$0
DEREK WILLIAMS MDDirector
Trustee or director
1$0
PARIN MAKADIA MDDirector
Trustee or director
1$0
TEDDY KINZERDirector
Trustee or director
1$0
YOGI CHIMATA MDDirector
Trustee or director
1$0
LORI VILLARREALExecutive Director
Officer
1$0
990 for the year ended May 31, 2023: 18 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
DEREK WILLIAMS MDDIRECTOR (BEGINNING JAN 2023)
Trustee or director
1$0$893,653$31,891
ABIR AHMAD MDDIRECTOR (BEGINNING JAN 2023)
Trustee or director
1$0$611,362$15,033
LORI VILLARREALExecutive Director
Officer
1$0$112,823$16,906
PARIN MAKADIA MDDIRECTOR (BEGINNING JAN 2023)
Trustee or director
1$0$7,321$0
CINDI JACKSONSECRETARY
Trustee or director, Officer
1$0$0$0
CLAY HARRISONVice Chair of Fund Development (BEGINNING JAN 2023)
Trustee or director, Officer
1$0$0$0
DANNA MELCHERCHAIR (THROUGH DEC 2022)
Trustee or director, Officer
1$0$0$0
GLENN SCOTTCHAIR (BEGINNING JAN 2023)
Trustee or director, Officer
1$0$0$0
Marta Gomez FreyVice Chair of Governance (BEGINNING JAN 2023)
Trustee or director, Officer
1$0$0$0
MARY BEDOSKYVice Chair of Finance (BEGINNING JAN 2023)
Trustee or director, Officer
1$0$0$0
SCOTT JESSENVICE CHAIR OF FINANCE (THROUGH JAN 2023)
Trustee or director, Officer
1$0$0$0
BARRY YOUNGDIRECTOR
Trustee or director
1$0$0$0
BRIAN RANKINDIRECTOR (THROUGH DEC 2022)
Trustee or director
1$0$0$0
CATHERINE BURDETTEDIRECTOR (BEGINNING JAN 2023)
Trustee or director
1$0$0$0
DR STELLA GOLADIRECTOR (THROUGH DEC 2022)
Trustee or director
1$0$0$0
SHEENA PAYNEDIRECTOR (THROUGH MAY 2023)
Trustee or director
1$0$0$0
TEDDY KINZERDIRECTOR
Trustee or director
1$0$0$0
YOGI CHIMATA MDDIRECTOR
Trustee or director
1$0$0$0

Address and contacts

Address (IRS master file)
401 W CAMPBELL RD, RICHARDSON, TX 75080-3416
In care of
% AMY BODWELL
Principal officer (990 for 2024)
DEREK WILLIAMS, 401 W CAMPBELL ROAD, RICHARDSON, TX 75080
Signed the 990
DEREK WILLIAMS, CHAIR
Phone
(469) 204-6995
Return prepared by
CROWE ADVISORY LLC

Mission

TO BUILD AND MAINTAIN DONOR RELATIONSHIPS IN ORDER TO RAISE, MANAGE, AND DISTRIBUTE FUNDS TO ASSIST METHODIST HEALTH SYSTEM IN ACQUIRING STATE-OF-THE-ART TECHNOLOGY, ATTRACTING EXCELLENT MEDICAL STAFF, AND SUPPORTING VITAL HOSPITAL PROGRAMS.

990 for the year ended September 30, 2025

Program accomplishments

  • 2025 YELLOW AND BLACK TIE GALA - THE FOUNDATION HOSTS AN ANNUAL AUCTION AND DINNER, THE PROCEEDS OF WHICH SUPPORT PROGRAMS AT METHODIST HEALTH SYSTEM. MOST OF THE 2025 NET PROCEEDS WERE DESIGNATED TO SUPPORT OPERATIONS OF THE METHODIST HEALTH SYSTEM AND A PORTION WAS DESIGNATED SPECIFICALLY FOR METHODIST HEALTH SYSTEM CANCER PROGRAM. IN FY2025, A PORTION WAS ALSO DESIGNATED TO SUPPORT A CLINIC PARTNERSHIP.
    Expenses $398,253 · grants $398,253

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 September, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025September 30, 2026February 16, 2027Not due yet
2024September 30, 2025February 17, 2026990 on file
2023September 30, 2024February 18, 2025990 on file

IRS record

EIN
75-1788520
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Supporting organization (509(a)(3))
Donations deductible (Pub 78)
Supporting organization of unknown type
Exempt since
1982
Accounting year ends
September
Files
Form 990 or 990-EZ
Assets (IRS master file)
$3,264,111
Income (IRS master file)
$752,112

Filing history

FormYear endedRevenueExpensesAssetsReturn
990September 2025$523,831$407,549$3,264,111XML
990September 2024$213,968$1,181,795$3,082,659XML
990September 2023$311,320$96,631$4,010,696XML
990May 2023$675,148$99,282$3,704,121XML
990May 2022$424,629$276,274$3,163,378IRS
990May 2021–––IRS
990May 2020–––IRS
990May 2018–––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 75-1788520).

Questions about METHODIST RICHARDSON MEDICAL CENTER FOUNDATION

What is the EIN of METHODIST RICHARDSON MEDICAL CENTER FOUNDATION?
The employer identification number (EIN) of METHODIST RICHARDSON MEDICAL CENTER FOUNDATION is 75-1788520.
Is METHODIST RICHARDSON MEDICAL CENTER FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1982.
Are donations to METHODIST RICHARDSON MEDICAL CENTER FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Supporting organization of unknown type).
Which annual return does METHODIST RICHARDSON MEDICAL CENTER 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 METHODIST RICHARDSON MEDICAL CENTER FOUNDATION due?
The return for tax year 2025 (the year ending September 30, 2026) is due February 16, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did METHODIST RICHARDSON MEDICAL CENTER FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended September 2025.
Who is the principal officer of METHODIST RICHARDSON MEDICAL CENTER FOUNDATION?
The 990 for the year ended September 30, 2025 names DEREK WILLIAMS.
Who are the officers and directors of METHODIST RICHARDSON MEDICAL CENTER FOUNDATION?
The 990 for the year ended September 30, 2025 lists 24 people; 0 received compensation from the organization.
How much revenue does METHODIST RICHARDSON MEDICAL CENTER FOUNDATION have?
On its 990 for the year ended September 30, 2025 it reported revenue of $523,831, expenses of $407,549 and total assets of $3,264,111 at year end.

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