2026-05-11T08:27:30+00:00 2025-06-30 346565596 ERNST & YOUNG US LLP 2323 VICTORY AVENUE DALLAS TX 75219 990 2024-07-01 741613878 Baylor College of Medicine BAYL 7137984951 ONE BAYLOR PLAZA BCM 200 HOUSTON TX 770303498 PAUL E KLOTMAN MD PRESIDENT 7137984951 2026-05-11 true true Ryan Mayor P01650740 2149698000 2026-05-11 2024 2025-03-06 01:10:19Z PAUL E KLOTMAN MD ONE BAYLOR PLAZA BCM 200 HOUSTON TX 770303498 3306675860 false X WWW.BCM.EDU X 1969 TX BAYLOR COLLEGE OF MEDICINE (BCM) IS COMMITTED TO ADVANCING HUMAN HEALTH THROUGH THE INTEGRATION OF PATIENT CARE, RESEARCH, EDUCATION, AND COMMUNITY SERVICES. 42 41 15631 553 -247008 0 745206935 836352482 1895308751 2024525382 86163541 73435200 29723162 45481585 2756402389 2979794649 138561822 139206617 0 0 1958806574 2136233263 0 17763357 667027872 703263189 2764396268 2978703069 -7993879 1091580 3073454864 3113646721 1501069996 1493443403 1572384868 1620203318 BAYLOR COLLEGE OF MEDICINE (BCM) IS COMMITTED TO ADVANCING HUMAN HEALTH THROUGH THE INTEGRATION OF PATIENT CARE, RESEARCH, EDUCATION, AND COMMUNITY SERVICES. false false 2643160675 117785951 1961939316 SERVICE - BCM AFFIRMS OUR COVENANT TO SERVE THE COMMUNITY. FOREMOST IS OUR COMMITMENT TO PATIENTS, BOTH IN OUR CLINICAL PRACTICE AND WITH AFFILIATED HOSPITALS. WE STRIVE TO IMPROVE PUBLIC HEALTH IN ALL OUR ENDEAVORS AND SERVE THE COMMUNITY IN ALL ASPECTS OF THIS PROCESS. BCM STUDENTS AND RESIDENTS SPEND MUCH OF THEIR EDUCATION AND TRAINING IN THE COLLEGE'S SEVEN PRIMARY CARE AFFILIATED TEACHING HOSPITALS WHERE BAYLOR FACULTY ALSO PROVIDES PATIENT CARE. 61251888 13234203 45465449 RESEARCH - BCM RESEARCHERS AND PHYSICIANS ARE STUDYING A VARIETY OF MEDICAL TOPICS, INCLUDING CANCER CELL FUNCTION, FERTILITY, CHILD NUTRITION, INFLUENZA, HEART AND NEUROLOGICAL DISORDERS, AND OTHER BASIC AND CLINICAL RESEARCH. PROGRAM SERVICE ACTIVITY RESEARCH EXPENDITURES REPORTED HERE IN PART III ARE FUNDED BY RESEARCH REVENUE WHICH EXCLUDES $594 MILLION OF GOVERNMENT GRANT REVENUE PRESENTED SEPARATELY FROM PROGRAM SERVICE REVENUE IN PART VIII. 33533587 8186463 24890981 INSTRUCTION - BCM VALUES ACADEMIC PURSUITS AND WE COMMIT OUR EFFORTS TO THE SCHOLARLY PURSUIT OF KNOWLEDGE FOR OUR TRAINEES, OUR PATIENTS, AND OUR COMMUNITY. AS A MEDICAL SCHOOL, BCM'S PRIMARY GOAL IS TO EDUCATE MEDICAL SCHOOL STUDENTS AND TRAIN MEDICAL SCHOOL GRADUATES. BCM ALSO PLACES EMPHASIS ON THE EDUCATION OF MEDICAL RESEARCH AND ALLIED HEALTH PERSONNEL. 2737946150 true true false true false false false false false true true true true false true true false true true false true false false false false false false true true true true false false false false false false false false true false true false false false true true true true false false true X 3797 0 true 15631 true true true true LT MI BC CJ false false false true true false false false false true true X 42 41 true false false false false true true true true false false false true true true true true true true true true true CA KY MD MA MI NH NY ND OR SC X Wesley Benbow 7137984951 ONE BAYLOR PLAZA BCM 200 HOUSTON TX 77030 CHRISTOPHER D WALLIS TRUSTEE/VICE CHAIR 2.0 0.0 X X 0 0 0 GAIL W STEWART trustee/secretary 2.0 0.0 X X 0 0 0 GREGORY D BRENNEMAN TRUSTEE/CHAIR-ELECT 2.0 0.0 X X 0 0 0 LARRY P HEARD TRUSTEE/VICE CHAIR 2.0 0.0 X X 0 0 0 WILLIAM E MEARSE TRUSTEE/VICE CHAIR 2.0 0.0 X X 0 0 0 ALICIA A SABERIOON TRUSTEE 2.0 0.0 X 0 0 0 ANTONIO FALCON MD TRUSTEE 2.0 0.0 X 0 0 0 BARBARA B ALLBRITTON TRUSTEE 2.0 0.0 X 0 0 0 BROOKS H MCGEE TRUSTEE 2.0 0.0 X 0 0 0 CHARLES A WILLIAMS TRUSTEE 2.0 0.0 X 0 0 0 CHRISTOPHER B SAROFIM TRUSTEE 2.0 2.0 X 0 0 0 CHUCK WATSON TRUSTEE 2.0 2.0 X 0 0 0 CORBIN J ROBERTSON JR TRUSTEE (until 05-14-25) 2.0 0.0 X 0 0 0 DAVID C BALDWIN TRUSTEE 2.0 2.0 X 0 0 0 DAVID R DOMINY TRUSTEE 2.0 0.0 X 0 0 0 ELISE ELKINS JOSEPH TRUSTEE (until 11-20-24) 2.0 0.0 X 0 0 0 ERIC MULLINS TRUSTEE 2.0 0.0 X 0 0 0 FRED R LUMMIS TRUSTEE 2.0 2.0 X 0 0 0 HENRY JN TAUB II TRUSTEE 2.0 0.0 X 0 0 0 IRA M MITZNER TRUSTEE 2.0 0.0 X 0 0 0 J CARY GRAY TRUSTEE 2.0 0.0 X 0 0 0 J MURRY BOWDEN TRUSTEE 2.0 0.0 X 0 0 0 JACK FIELDS TRUSTEE 2.0 0.0 X 0 0 0 JAMES C FLORES TRUSTEE 2.0 0.0 X 0 0 0 JAMES T HACKETT TRUSTEE 2.0 0.0 X 0 0 0 JAY A BROWN TRUSTEE 2.0 0.0 X 0 0 0 JOHN F ANDERSON MD TRUSTEE (passed away 03-08-25) 2.0 0.0 X 0 0 0 JOHN L NAU III TRUSTEE (until 05-14-25) 2.0 0.0 X 0 0 0 KELLY HACKETT TRUSTEE (until 06-01-25) 2.0 0.0 X 0 0 0 LARRY TAYLOR TRUSTEE (Beginning 08-26-24) 2.0 0.0 X 0 0 0 LEE H ROSENTHAL TRUSTEE 2.0 0.0 X 0 0 0 LINDA A LIVINGSTONE PHD TRUSTEE 2.0 0.0 X 0 0 0 MARC J SHAPIRO TRUSTEE (until 05-14-25) 2.0 2.0 X 0 0 0 MARK A MCCOLLUM TRUSTEE 2.0 0.0 X 0 0 0 MELANIE GRAY TRUSTEE 2.0 2.0 X 0 0 0 MICHAEL G MACDOUGALL TRUSTEE 2.0 0.0 X 0 0 0 PAUL L FOSTER TRUSTEE 2.0 0.0 X 0 0 0 PAUL W HOBBY TRUSTEE 2.0 0.0 X 0 0 0 PRECIOUS W OWODUNNI TRUSTEE 2.0 0.0 X 0 0 0 RALPH EADS TRUSTEE 2.0 0.0 X 0 0 0 ROBERT J UNDERBRINK TRUSTEE 2.0 0.0 X 0 0 0 ROBERT L BREWTON TRUSTEE 2.0 0.0 X 0 0 0 SARAH FOSHEE MD TRUSTEE 2.0 0.0 X 0 0 0 SHAUNA J CLARK TRUSTEE 2.0 0.0 X 0 0 0 T DOUGLAS LAWSON PHD TRUSTEE (until 02-21-25) 2.0 0.0 X 0 0 0 TODD A REPPERT TRUSTEE 2.0 0.0 X 0 0 0 TRINIDAD MENDENHALL TRUSTEE 2.0 0.0 X 0 0 0 VIJAY GORADIA TRUSTEE 2.0 0.0 X 0 0 0 WIL VANLOH TRUSTEE 2.0 0.0 X 0 0 0 CAROLYN SMITH PHD SVP (interim 05-01-24 to 10-10-24) & DEAN-GRAD BIOMED SCI / RESEARCH 50.0 0.0 X 622273 0 45436 CLAIRE BASSETT VP & CHIEF COMMUNICATIONS OFFICER 50.0 1.0 X 459031 0 122620 JAMES T MCDEAVITT MD SVP & DEAN OF CLINICAL AFFAIRS 50.0 2.0 X 1214511 0 271731 JOE DOTY SVP & CHIEF OPERATING OFFICER 50.0 3.0 X 805351 0 180031 LORIE TABAK CHIEF OF STAFF 50.0 0.0 X 678865 0 157711 OSWALDO RAMIREZ CHIEF FINANCIAL OFFICER (interim 03-06-24 through 11-30-24) 50.0 0.0 X 433741 0 45391 PAUL E KLOTMAN MD PRESIDENT/CEO, EXECUTIVE DEAN 50.0 2.0 X 4028822 0 687530 ROBERT F CORRIGAN JR JD SVP/GENERAL COUNSEL, CORP SEC 50.0 3.0 X 753744 0 176639 STEPHANIE YOUNG SVP, INSTITUTIONAL ADVANCEMENT 50.0 2.0 X 612899 0 96811 Wesley A Benbow SVP & Chief Financial Officer (beginning 12-01-24) 50.0 0.0 X 52180 0 4371 ASHOK BALASUBRAMANYAM MD VP ACAD. INTEGR/SR ASSOC DEAN 50.0 2.0 X 576780 0 45578 BERT O'MALLEY MD CHANCELLOR (passed away 11-11-25) 50.0 0.0 X 471236 0 45062 HASHEM EL-SERAG MD CHAIR, DEPT OF MEDICINE 50.0 0.0 X 962777 0 46118 JENNIFER G CHRISTNER MD DEAN - SCHOOL OF MEDICINE (until 11-15-25) 50.0 0.0 X 660118 0 159871 LARA Shekerdemian MD CHAIR - DEPT OF PEDIATRICS 50.0 0.0 X 1379652 0 47498 PETER J HOTEZ MD PHD DEAN - NAT SCHOOL OF TROP MED 50.0 0.0 X 729363 0 45921 TODD A REINHART ScD DEAN-SCHOOL OF HEALTH PROFESSIONS 50.0 0.0 X 337012 0 39865 WILLIAM D WALKER VP - CHIEF INVESTMENT OFFICER 50.0 0.0 X 1173826 0 48625 CHRISTOPHER LAVERGNE MD ASSISTANT PROF 50.0 0.0 X 2077204 0 45579 Jeffrey Heinle MD PROF/CONGENITAL HEART SURGERY 50.0 0.0 X 2061564 0 46898 JOHN A GOSS MD PROF/CHIEF, ABDOMINAL TRANS. 50.0 0.0 X 1866127 0 46298 KENNETH LIAO MD PHD Professor and Chief 50.0 0.0 X 1903391 0 46298 MARC MOON MD PROF/CHIEF CARDIOTHORACIC SURGERY 50.0 0.0 X 1820809 0 46298 GORDON E SCHUTZE MD CHAIR - DEPT OF PEDIATRICS (INTERIM 02-24-21 UNTIL 09-30-21) 0.0 0.0 X 653603 0 45957 JAMIE BAILEY SVP & CHIEF FINANCIAL OFFICER (until 03-05-24) 0.0 0.0 X 158724 0 17821 KIMBERLY COTNER DAVID SVP & CHIEF BUSINESS OFFICER (until 06-30-24) 0.0 0.0 X 361008 0 31521 MARY DICKINSON PHD SVP/DOR (until 04-30-24) 0.0 0.0 X 193175 0 19609 27047786 0 2613088 4627 true true false LINBECK GROUP LLC 3900 Essex Lane Houston TX 77027 Construction 67566393 CALIBER HEALTHCARE SOLUTIONS LLC 433 E LAS COLINAS BLVD IRVING TX 75039 Hospitalist Physician Staffing 16955533 LAZ KARP ASSOCIATES LLC PO Box 207820 DALLAS TX 75320 Parking 7260862 BCP TMC JV I LP 200 STATE STREET 5TH FLOOR Boston MA 02109 Rent 3836267 NORTON ROSE FULBRIGHT US LLP 1301 MCKINNEY SUITE 5100 Houston TX 770103095 Legal Services 3246673 79 889044 594343330 241120108 5568576 836352482 PATIENT CARE 621110 417906501 417906501 AFFILIATE AGREEMENT REVENUE 900099 1548519285 1548519285 TUITION AND FEES 611310 24527929 24527929 RESEARCH SERVICES 621511 11296369 11296369 CLINICAL TRIALS 621511 39966274 39966274 -17690976 -17690976 0 0 2024525382 26250694 -477256 26727950 3847717 3847717 31123491 31123491 2149855 2149855 0 2149855 2149855 369897692 320308 325912132 969079 43985560 -648771 43336789 15073 43321716 EMPLOYEE PARKING INCOME 812930 4222700 4222700 VENDOR/CREDIT REBATES 900099 739211 739211 AESTHETICS 621111 215175 215175 7031153 7031153 0 0 12208239 2979794649 2032295746 -247008 111393429 4796482 4796482 134410135 134410135 0 0 16213195 7216927 8996268 735469 735469 1743011247 1683211619 53066760 6732868 101372616 97368398 3608865 395353 62817825 62817825 212082911 203705636 7550152 827123 11431874 5957855 5472867 1152 2519647 9035 2510587 25 1112987 1112987 6400635 6400635 261441082 229048635 24705071 7687376 10477381 6860515 2025920 1590946 29023355 12209681 16683023 130651 54081538 32370700 21657299 53539 12340749 11788260 480221 72268 2960516 2931054 19188 10274 28989261 5907336 23081925 57548611 25688315 31842380 17916 38940482 32972897 5967585 Supplies 149026944 145647586 3225230 154128 Bad Debt Expense 9705282 9704223 1059 Training and Education 8079277 7890934 183992 4351 Transition Expense 6745583 6620083 120500 5000 12437985 6963563 5394035 80387 2978703069 2737946150 222993562 17763357 15507959 1601060 269535705 220815461 205180657 229241847 289893248 287278449 0 0 0 0 0 0 15392440 15497713 16680839 20303794 1790477941 1148662143 516227080 641815798 866661574 732243518 579524773 682027832 298834280 282804940 0 0 16309 16309 3073454864 3113646721 400985574 346222194 108992573 60586230 28396914 27788956 351780326 507216702 0 0 0 0 465245945 405841032 1358426 1394357 144310238 144393932 1501069996 1493443403 X 444765690 459088986 1127619178 1161114332 1572384868 1620203318 3073454864 3113646721 1091580 46726870 0 X false true true true true X 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0.0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0.0 0 0.0 X 0 0 0 0 0 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED true true false false false false true 1112987 false false 1112987 false Schedule C, Part II-B, Line 1 DETAILED DESCRIPTION OF THE LOBBYING ACTIVITY During this tax year, BCM has engaged the law firms of Brownstein and Crowell & Moring to represent BCM before the United States Congress, the Administration and Federal agencies. These firms arrange meetings for BCM representatives to assist in the formulation of public policy and to encourage support for BCM's core mission areas of medical education, research, and clinical care. From time to time, BCM alumni and board members are requested to contact their state representatives regarding legislation affecting BCM. 1471704303 14976991 103127447 164525252 1425283489 1466396419 22162532 48772227 65626875 1471704303 1467200049 13257031 92631538 106692199 1466396419 1667661715 10501757 -149644140 61319283 1467200049 1201055989 8765417 507625944 49785635 1667661715 0.26 0.38 0.36 false false 2539336 5269261 7808597 1062528401 624834127 437694274 174072655 122828036 51244619 546068288 400999980 145068308 0 0 0 641815798 Closely-held equity interests Financial derivatives Private Equity Investments 591255480 F Real Assets Investments 79418009 F Investments in Affiliates 11116154 C Other Miscellaenous Investments 238189 F 682027832 Investments - Joint Venture 243160864 F Other Miscellaenous Investments 21552948 F Notes Receivable 18091128 F 282804940 Federal Income Taxes Leased Asset Liability 65433490 Assets Held on Behalf of Others 50616121 Interest Rate Swap Liability 28344321 Other Liabilities - Gift Annuities 144393932 X 0 0 0 0 0 0 0 0 0 0 0 0 Schedule D, Part V, Line 4 Intended uses of endowment funds THE ENDOWMENT FUNDS ARE USED TO FUND MEDICAL RESEARCH AND MEDICAL EDUCATION, INCLUDING SCHOLARSHIPS AND STUDENT LOAN FUNDS. Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote MANAGEMENT ANNUALLY REVIEWS ITS TAX POSITIONS AND HAS DETERMINED THAT THERE ARE NO MATERIAL UNCERTAIN TAX POSITIONS THAT REQUIRE RECOGNITION ON THE ACOMMPANYING CONSOLIDATED BALANCE SHEETS AS OF JUNE 30, 2025 OR 2024. true true true true true true true false false false false false false false false true false true Schedule E, Part I, Line 3 RACIALLY NONDISCRIMINATORY POLICY THE COLLEGE INCLUDES A STATEMENT OF ITS RACIALLY NONDISCRIMINATORY POLICY AS TO STUDENTS IN ALL ITS BROCHURES AND CATALOGS DEALING WITH ADMISSIONS, PROGRAMS AND SCHOLARSHIPS. Schedule E, Part I, Line 6(a) FINANCIAL AID OR ASSISTANCE FROM A GOVERNMENT FINANCIAL AID OR ASSISTANCE FROM A GOVERNMENT AGENCY BAYLOR COLLEGE OF MEDICINE PARTICIPATES IN FEDERAL STUDENT LOAN PROGRAMS, PERKINS PRIMARY CARE LOANS AND LOANS FOR DISADVANTAGED STUDENTS. THE U.S. GOVERNMENT PROVIDES THE MONEY THAT THE COLLEGE LOANS TO STUDENTS AT 5% INTEREST. THE PRINCIPAL AND INTEREST COLLECTED FROM THE STUDENTS IS USED TO RELOAN TO OTHER STUDENTS. BAYLOR COLLEGE OF MEDICINE RECEIVES AID AND ASSISTANCE FROM GOVERNMENT AGENCIES, INCLUDING MEDICAL RESEARCH GRANTS FROM NIH, NSF, DOD, USDA, NASA, DOJ, TITLE IX FUNDING, PERKINS AND FEDERAL WORK-STUDY FROM THE DEPARTMENT OF EDUCATION. STATE AGENCIES INCLUDE THE TEXAS COORDINATING BOARD, THE DSHS (DEPT OF STATE HEALTH SERVICES) AND THE DEPARTMENT OF TRANSPORTATION. LOCAL AGENCIES INCLUDE THE HARRIS COUNTY HOSPITAL DISTRICT AND THE CITY OF HOUSTON. Central America and the Caribbean 0 0 Investments 65485231 East Asia and the Pacific 0 0 Investments 75695041 Europe (Including Iceland and Greenland) 0 0 Investments 144170570 Middle East and North Africa 0 0 Investments 851637 North America (Canada & Mexico only) 0 0 Investments 2990693 South America 0 0 Investments 12298331 South Asia 0 0 Investments 7272343 Sub-Saharan Africa 0 0 Investments 30221894 Central America and the Caribbean 0 0 Program Services CAPTIVE INSURANCE 1154723 0 0 0 0 0 0 340140463 0 340140463 true false true true true false Schedule F, Part I, Line 3 Method used to account for expenditures on org's financial statements CENTRAL AMERICA AND THE CARIBBEAN-Accrual; EAST ASIA AND THE PACIFIC-Accrual; EUROPE (INCLUDING ICELAND AND GREENLAND)-Accrual; MIDDLE EAST AND NORTH AFRICA-Accrual; NORTH AMERICA (CANADA & MEXICO ONLY)-Accrual; SOUTH AMERICA-Accrual; SOUTH ASIA-Accrual; SUB-SAHARAN AFRICA-Accrual true BCM INTL PEDIATRICS AIDS INITATIVE ONE BAYLOR PLAZA BCM 200 Houston TX 77030 202951275 501(C)(3) 4796482 FUND PROGRAMS 1 0 SCHOLARSHIPS AND FELLOWSHIPS 3430 134410135 Schedule I, Part I, Line 2 Procedures for monitoring use of grant funds GRANTS AND OTHER ASSISTANCE TO INDIVIDUALS ARE PROVIDED IN THE FORM OF STIPENDS TO RESIDENTS, POST-DOCTORAL AND GRADUATE STUDENTS. THE STIPENDS ARE SUBJECT TO ALL OF THE PAYROLL SYSTEM CONTROLS, TIME SHEETS, EFFORT REPORTING AND OTHER PAYROLL CONTROLS. THE REMAINING GRANTS USE TUITION SCHOLARSHIPS WHICH ARE APPLIED DIRECTLY TO TUITION AND FEES WITHIN THE ACCOUNTING SYSTEM TO WHICH THE STUDENT HAS NO ACCESS. X true true X X X X X false true false false false false false true false KIMBERLY COTNER DAVID SVP & CHIEF BUSINESS OFFICER (until 06-30-24) 309750 0 50000 0 1258 0 20579 0 10942 0 392529 0 0 0 JAMIE BAILEY SVP & CHIEF FINANCIAL OFFICER (until 03-05-24) 157292 0 0 0 1432 0 12056 0 5765 0 176545 0 0 0 MARY DICKINSON PHD SVP/DOR (until 04-30-24) 105208 0 87083 0 884 0 13663 0 5946 0 212784 0 0 0 PAUL E KLOTMAN MD PRESIDENT/CEO, EXECUTIVE DEAN 1800000 0 1706630 0 522192 0 670153 0 17377 0 4716352 0 500000 0 JAMES T MCDEAVITT MD SVP & DEAN OF CLINICAL AFFAIRS 847001 0 184546 0 182964 0 252737 0 18994 0 1486242 0 179400 0 JOE DOTY SVP & CHIEF OPERATING OFFICER 607373 0 91106 0 106872 0 160524 0 19507 0 985382 0 105630 0 ROBERT F CORRIGAN JR JD SVP/GENERAL COUNSEL, CORP SEC 566961 0 85044 0 101739 0 157342 0 19297 0 930383 0 98175 0 LORIE TABAK CHIEF OF STAFF 507150 0 76073 0 95642 0 138737 0 18974 0 836576 0 88200 0 STEPHANIE YOUNG SVP, INSTITUTIONAL ADVANCEMENT 494500 0 74175 0 44224 0 77937 0 18874 0 709710 0 43000 0 CLAIRE BASSETT VP & CHIEF COMMUNICATIONS OFFICER 341000 0 82150 0 35881 0 105667 0 16953 0 581651 0 31000 0 OSWALDO RAMIREZ CHIEF FINANCIAL OFFICER (interim 03-06-24 through 11-30-24) 298729 0 133750 0 1262 0 28285 0 17106 0 479132 0 0 0 CAROLYN SMITH PHD SVP (interim 05-01-24 to 10-10-24) & DEAN-GRAD BIOMED SCI / RESEARCH 225000 0 394000 0 3273 0 28487 0 16949 0 667709 0 0 0 GORDON E SCHUTZE MD CHAIR - DEPT OF PEDIATRICS (INTERIM 02-24-21 UNTIL 09-30-21) 623912 0 25500 0 4191 0 28487 0 17470 0 699560 0 0 0 ASHOK BALASUBRAMANYAM MD VP ACAD. INTEGR/SR ASSOC DEAN 473958 0 98631 0 4191 0 28487 0 17091 0 622358 0 0 0 HASHEM EL-SERAG MD CHAIR, DEPT OF MEDICINE 539750 0 414505 0 8522 0 28487 0 17631 0 1008895 0 0 0 WILLIAM D WALKER VP - CHIEF INVESTMENT OFFICER 580800 0 588700 0 4326 0 28487 0 20138 0 1222451 0 0 0 LARA Shekerdemian MD CHAIR - DEPT OF PEDIATRICS 1376830 0 500 0 2322 0 28487 0 19011 0 1427150 0 0 0 PETER J HOTEZ MD PHD DEAN - NAT SCHOOL OF TROP MED 608968 0 116204 0 4191 0 28487 0 17434 0 775284 0 0 0 JENNIFER G CHRISTNER MD DEAN - SCHOOL OF MEDICINE (until 11-15-25) 357500 0 209291 0 93327 0 142862 0 17009 0 819989 0 78650 0 BERT O'MALLEY MD CHANCELLOR (passed away 11-11-25) 470000 0 0 0 1236 0 28487 0 16575 0 516298 0 0 0 TODD A REINHART ScD DEAN-SCHOOL OF HEALTH PROFESSIONS 290000 0 43500 0 3512 0 24087 0 15778 0 376877 0 0 0 JOHN A GOSS MD PROF/CHIEF, ABDOMINAL TRANS. 1582771 0 279792 0 3564 0 28487 0 17811 0 1912425 0 0 0 Jeffrey Heinle MD PROF/CONGENITAL HEART SURGERY 2057500 0 500 0 3564 0 28487 0 18411 0 2108462 0 0 0 CHRISTOPHER LAVERGNE MD ASSISTANT PROF 675000 0 1399882 0 2322 0 28487 0 17092 0 2122783 0 0 0 MARC MOON MD PROF/CHIEF CARDIOTHORACIC SURGERY 1600000 0 217245 0 3564 0 28487 0 17811 0 1867107 0 0 0 KENNETH LIAO MD PHD Professor and Chief 1849232 0 50595 0 3564 0 28487 0 17811 0 1949689 0 0 0 Schedule J, Part I, Line 1a First-class or charter travel CERTAIN EXECUTIVES MAY TRAVEL FIRST-CLASS AS BUSINESS NEED DICTATES. THESE INSTANCES ARE CONSIDERED NECESSARY BUSINESS EXPENSES. Schedule J, Part I, Line 4b Supplemental nonqualified retirement plan THE COLLEGE HAS ENTERED INTO NONQUALIFIED DEFERRED COMPENSATION AGREEMENTS WITH CERTAIN EXECUTIVES. THE AGREEMENTS ARE INTENDED TO COMPLY WITH SECTION 409(A). DEFERRED COMPENSATION, REPORTED IN SCHEDULE J, PART II, COLUMN (C), INCLUDES THE TAX DEFERRED CONTRIBUTIONS FOR THE CALANDAR YEAR WITHIN THE TAX YEAR PURSUANT TO THE AGREEMENTS. THE FOLLOWING INDIVIDUALS EXPERIENCED A TAXABLE VESTING EVENT DURING THE YEAR AS FOLLOWS. THESE AMOUNTS WERE INCLUDED AS TAXABLE WAGES. ANY PORTION THAT WAS PREVIOUSLY REPORTED ON A PRIOR 990 AS DEFERRED HAS BEEN REPORTED IN COLUMN (F). PAUL E. KLOTMAN, M.D. - $641,667 JAMES T. MCDEAVITT, M.D. - $224,250 ROBERT F. CORRIGAN, JR. J.D. - $128,855 JOE DOTY - $132,038 LORIE TABAK - $110,250 CLAIRE BASSETT - $77,500 JENNIFER G CHRISTNER, M.D. - $114,375 STEPHANIE YOUNG - $49,450 Schedule J, Part I, Line 7 Non-fixed payments CERTAIN EXECUTIVES AND MANAGEMENT TEAM MEMBERS ARE ELIGIBLE FOR DISCRETIONARY INCENTIVE BONUSES DETERMINED THROUGH A REVIEW OF SPECIFIC PERFORMANCE METRICS. A HARRIS CNTY CLTRL EDC HLTH FAC FIN CO 760337885 414008CF7 2016-05-11 161280204 RFND BOND ISSUE 08/27/2008;CAP IMP false false false B HARRIS CNTY CLTRL EDC HLTH FAC FIN CO 760337885 414008CW0 2022-01-25 75000000 RFN BOND ISSUED 05/29/2019 false false false C HARRIS CNTY CLTRL EDC HLTH FAC FIN CO 760337885 414008CY6 2024-02-07 109650000 NEW MONEY MED FAC MTG REV BONDS false false false D HARRIS CNTY CLTRL EDC HLTH FAC FIN CO 760337885 414008CX8 2024-02-07 75000000 RFN BOND ISSUED 05/29/2019 false false false A 52595000 164597803 1371449 8871585 154354769 2018 false true true true B 75000000 75000000 2022 true false true true C 114716260 6361111 994834 107360315 false false false true D 75000000 75000000 2024 true false true true A false false true true false false 0 0.009 0.009 false false 0 false true B false false true true false false 0 0.003 0.003 false false 0 false true C false false true true false false 0 0 0.0 false false 0 false true D false false true true false false 0 0.003 0.003 false false 0 false true A false false false true false false 0 false false false 0 false false true B false false true false true false 0 false false false 0 false false true C false true false false true false 0 false false false 0 false false true D false false true false true false 0 false false false 0 false false true A true B true C true D true Schedule K, Part I Line A THE 2008 D BONDS WERE DEFEASED IN MAY 2016 WITH THE PROCEEDS FROM THE 2016 BONDS SERIES. NEW MONEY PROCEEDS WERE USED TO FUND CAPITAL IMPROVEMENTS. Schedule K, Part I Line B IN 2022 BAYLOR COLLEGE OF MEDICINE REFUNDED ITS 2019B FLOATING RATE NOTES WITH THE PROCEEDS FROM THE 2022 SERIES BONDS. Schedule K, Part I Line C NEW MONEY PROCEEDS FROM THE 2024A SERIES BONDS WILL BE USED TO FUND CONSTRUCTION OF A NEW BUILDING. Schedule K, Part I Line D IN 2024 BAYLOR COLLEGE OF MEDICINE REFUNDED ITS 2019A FLOATING RATE NOTES WITH THE PROCEEDS FROM THE 2024B SERIES BONDS. Schedule K, Part II Line 3A and 3C DIFFERENCE IS INVESTMENT EARNINGS Schedule K, Part IV Line 2 CALCULATION FOR BONDS IN COLUMN A WAS PERFORMED ON MAY 11, 2021. Schedule K, Part I Line A NEW MONEY PROCEEDS FROM THE 2025A SERIES BONDS WILL BE USED TO FUND CONSTRUCTION OF A NEW BUILDING AND REFINANCING OF CAPITAL EXPENDITURES. Schedule K, Part II, Line 3 Line A DIFFERENCE IS INVESTMENT EARNINGS A HARRIS CNTY CLTRL EDC HLTH FAC FIN CO 760337885 414008CZ3 2025-05-14 158790000 NEW MONEY MED FAC MTG REV BONDS false false false A 158997939 1432956 5602000 49700000 102262983 false true false true A false false true true false false 0 0 0.0 false false 0 false true A false true false false true false 0 false false false 0 false false true A true Kathleen McDeavitt MD Family member of James T. McDeavitt, MD, Officer 238000 Employment false Samuel Clark Family member of the late Bert O'Malley, Key Employee 68000 Employment false Jessica Klotman FAMILY MEMBER OF PAUL KLOTMAN, M.D., OFFICER 121000 EMPLOYMENT false Nikhil Balasubramanyam FAMILY MEMBER OF ASHOK BALASUBRAMANYAM, M.D., KEY EMPLOYEE 28100 EMPLOYMENT false Rola El-Serag FAMILY MEMBER OF Hashem El-Serag, M.D., KEY EMPLOYEE 178780 EMPLOYMENT false Katherine Foshee FAMILY MEMBER OF Sarah Foshee, M.D., TRUSTEE 56000 EMPLOYMENT false 34 5568576 Other - High & Low Average 0 false true false Schedule M, Part I Explanations of reporting method for number of contributions Securities - Publicly traded - THE ORGANIZATION IS REPORTING THE NUMBER OF CONTRIBUTIONS RECEIVED IN COLUMN (B). Form 990, Part VI, Line 1a DELEGATION OF AUTHORITY THE BYLAWS, AT SECTION 2.13, PROVIDE FOR AN EXECUTIVE COMMITTEE THAT MAY EXERCISE THE AUTHORITY OF THE BOARD OF TRUSTEES IN THE MANAGEMENT OF THE COLLEGE, INCLUDING, BUT WITHOUT LIMITATION, THE AUTHORITY TO EXECUTE AGREEMENTS. THE BOARD OF TRUSTEES APPOINTS MEMBERS TO THE EXECUTIVE COMMITTEE. ALL MEMBERS OF THE EXECUTIVE COMMITTEE MUST BE MEMBERS OF THE BOARD OF TRUSTEES. CURRENTLY, THERE ARE 14 EXECUTIVE COMMITTEE MEMBERS. Form 990, Part VI, Line 15 A & B - PROCESS FOR DETERMINING COMPENSATION THE COLLEGE HIRES A QUALIFIED INDEPENDENT COMPENSATION CONSULTANT TO REVIEW AND ASSESS CURRENT COMPENSATION AND ANY PROPOSED MODIFICATIONS FOR THE PRESIDENT AND CHIEF EXECUTIVE OFFICER on an annual basis and for OTHER SENIOR OFFICERS, CHAIRS, DEANS, VICE PRESIDENTS, AND THOSE EMPLOYEES EARNING OVER A CERTAIN DOLLAR THRESHOLD on a semi-annual basis. THE COMPENSATION AND HUMAN RESOURCES COMMITTEE OF THE BOARD OF TRUSTEES (THE "C&HR COMMITTEE") REVIEWS AND, IN RELIANCE ON THE REPORT FROM THE INDEPENDENT COMPENSATION CONSULTANT WHICH INCLUDES AN OPINION ON THE "REASONABLENESS" OF PROPOSED COMPENSATION, APPROVES AND MAY MODIFY THE COMPENSATION FOR THE PRESIDENT AND CHIEF EXECUTIVE OFFICER. THE COMMITTEE DOCUMENTS THE BASIS FOR ITS DETERMINATION ON SUCH COMPENSATION CONCURRENTLY WITH MAKING THE DETERMINATION. Semi-ANNUALLY THE PRESIDENT AND CHIEF EXECUTIVE OFFICER, AFTER CONSULTING THE REPORT FROM THE QUALIFIED INDEPENDENT COMPENSATION CONSULTANT, MAY RECOMMEND CHANGES TO COMPENSATION FOR OTHER SENIOR OFFICERS CHAIRS, DEANS, VICE PRESIDENTS, AND THOSE EMPLOYEES EARNING OVER A CERTAIN DOLLAR THRESHOLD. THE C&HR COMMITTEE REVIEWS THE PRESIDENT'S RECOMMENDATION AND, IN RELIANCE ON THE REPORT FROM THE INDEPENDENT COMPENSATION CONSULTANT THAT INCLUDES AN OPINION ON THE "REASONABLENESS" OF PROPOSED COMPENSATION, APPROVES AND MAY MODIFY THE COMPENSATION FOR OTHER SENIOR OFFICERS, CHAIRS, DEANS, VICE PRESIDENTS, AND THOSE EMPLOYEES EARNING OVER A CERTAIN DOLLAR THRESHOLD. THE COMMITTEE DOCUMENTS THE BASIS FOR ITS DETERMINATION ON SUCH COMPENSATION CONCURRENTLY WITH MAKING THE DETERMINATION. Form 990, Part VI, Line 2 Family/business relationships amongst interested persons LARRY P. HEARD, FRED LUMMIS, JAY BROWN, J. CARY GRAY, AND HENRY J.N. TAUB II - Business relationship, MARK J. SHAPIRO, J. MURRY BOWDEN, AND ROBERT BREWTON - Business relationship, PRECIOUS W. OWODUNNI AND MARK A. MCCOLLUM - Business relationship, HENRY J.N. TAUB II, J. Murry Bowden, Ralph Eads, James Flores, Larry Heard, AND Christopher Sarofim - Business relationship Form 990, Part VI, Line 7a Members or stockholders electing members of governing body THE COLLEGE IS GOVERNED BY A BOARD OF TRUSTEES OF NOT MORE THAN 50 MEMBERS. THERE ARE THREE GROUPS OF TRUSTEES: THE FIRST GROUP, NUMBERING 12, IS APPOINTED BY, AND SERVES AT THE PLEASURE OF, BAYLOR UNIVERSITY. THE SECOND GROUP, NUMBERING 36, APPOINT AND RE-APPOINT THEMSELVES. THE THIRD GROUP, NUMBERING 2, IS APPOINTED BY, AND SERVES AT THE PLEASURE OF, CHI ST. LUKE'S HEALTH. Form 990, Part VI, Line 7b Decisions requiring approval by members or stockholders IN 1969, BAYLOR UNIVERSITY FORMED, AND CONVEYED CERTAIN ASSETS OWNED BY BAYLOR UNIVERSITY TO, BCM. AT SUCH TIME, SUBJECT TO THE GOVERNANCE PROVISIONS DESCRIBED IN THIS SCHEDULE "O", BCM BECAME "INDEPENDENT" OF BAYLOR UNIVERSITY. AS A CONDITION TO THE CONVEYANCE OF SUCH ASSETS AND THE RELATED FORMATION OF BCM, BAYLOR UNIVERSITY RETAINED CERTAIN APPROVAL RIGHTS REFLECTED IN BCM'S CERTIFICATE OF FORMATION AND DESCRIBED BELOW. ANY MERGER, CONSOLIDATION, DISSOLUTION OR DISCONTINUANCE BY OTHER FORM OF TRANSACTION MUST BE APPROVED BY BOTH A MAJORITY OF THE TRUSTEES OF THIS BCM AND A MAJORITY OF THE MEMBERS OF THE BOARD OF TRUSTEES OF BAYLOR UNIVERSITY. NO SUCH PLAN OF MERGER, CONSOLIDATION, DISSOLUTION, OR DISCONTINUANCE BY OTHER FORM OF TRANSACTION SHALL BE ADOPTED UNLESS SUCH PLAN REQUIRES THE ASSETS OF THIS CORPORATION TO BE TRANSFERRED TO A NON-PROFIT EDUCATIONAL OR SCIENTIFIC ORGANIZATION THAT IS QUALIFIED AS A CHARITABLE ORGANIZATION UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED. Form 990, Part VI, Line 11b Review of form 990 by governing body THE AUDIT, COMPLIANCE AND RISK MANAGEMENT COMMITTEE OF THE BOARD OF TRUSTEES REVIEWS BCM'S IRS FORM 990. FOLLOWING SUCH REVIEW, COPIES OF BCM'S IRS FORM 990 ARE CIRCULATED TO ALL BCM TRUSTEES PRIOR TO FILING. Form 990, Part VI, Line 12c Conflict of interest policy BCM POLICY PROVIDES THAT ALL OFFICERS AND TRUSTEES MUST FILL OUT CONFLICT OF INTEREST DISCLOSURE FORMS ANNUALLY. THE CHAIR OF THE AUDIT, COMPLIANCE AND RISK MANAGEMENT COMMITTEE ENSURES COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY AND REVIEWS COMPLETED FORMS, CONSULTING WITH THE GENERAL COUNSEL AND VICE PRESIDENT OF COMPLIANCE AS APPROPRIATE. THE CHAIR REPORTS TO THE BOARD OF TRUSTEES AS NECESSARY, BUT AT LEAST ANNUALLY, ON FINDINGS. Form 990, Part VI, Line 19 Required documents available to the public THE GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY ARE MADE AVAILABLE UPON REQUEST. THE AUDITED FINANCIALS ARE ON THE ELECTRONIC MUNICIPAL MARKET ACCESS (EMMA) WEBSITE. Form 990, Part VIII, Line 2f Other Program Service Revenue - Total Revenue: -17690976, Related or Exempt Function Revenue: -17690976, Unrelated Business Revenue: , Revenue Excluded from Tax Under Sections 512, 513, or 514: ; Form 990, Part VIII, Line 11d Other Miscellaneous Revenue All other revenue - Total Revenue: 7031153, Related or Exempt Function Revenue: 7031153, Unrelated Business Revenue: , Revenue Excluded from Tax Under Sections 512, 513, or 514: ; BAYLOR GLOBAL HEALTH GROUP LLC ONE BAYLOR PLAZA BCM 200 HOUSTON TX 77030 822873850 Healthcare Training/ Consult TX 0 0 BCMT MAIRUS WELLNESS LLC ONE BAYLOR PLAZA BCM 200 HOUSTON TX 77030 822862023 Wellness Education & Technology TX 0 0 BCMT COMMUNITY PATHOLOGY ASSOCIATES OF TEXAS ONE BAYLOR PLAZA BCM 200 HOUSTON TX 77030 822808869 INACTIVE TX 0 0 BCM COMMUNITY PATHOLOGY PLLC ONE BAYLOR PLAZA BCM 200 HOUSTON TX 77030 202594142 INACTIVE TX 0 0 BCM BCM COMMUNITY PHYSICIANS ONE BAYLOR PLAZA BCM 200 HOUSTON TX 77030 741613878 INACTIVE TX 0 0 BCM BCM PHYSICIAN ORGANIZATION LLC ONE BAYLOR PLAZA BCM 200 HOUSTON TX 77030 741613878 INACTIVE TX 0 0 BCM AFFILIATED MEDICAL SERVICES ONE BAYLOR PLAZA BCM 200 HOUSTON TX 77030 760259042 HEALTH CARE TX 501(c)(3) Type I NA false BAYLOR MEDICAL FOUNDATION ONE BAYLOR PLAZA BCM 200 HOUSTON TX 77030 741490000 SUPPORT BCM TX 501(c)(3) Type I BCM true BCM INTL PEDIATRIC AIDS INITIATIVE ONE BAYLOR PLAZA BCM 200 HOUSTON TX 77030 202951275 HEALTH CARE TX 501(c)(3) Type I BCM true NATIONAL SPACE BIOMEDICAL RESEARCH INS ONE BAYLOR PLAZA BCM 200 HOUSTON TX 77030 760548799 BIOMEDL RSRCH TX 501(c)(3) 7 BCM true BAYLOR COLLEGE OF MEDICINE HEALTHCARE ONE BAYLOR PLAZA BCM 200 HOUSTON TX 77030 760481211 HLTHCARE DEL TX 501(c)(3) 3 BCM true FIDELITY NON-MANAGEMENT FOUNDATION 11 KEEWAYDIN DR STE 100 HOUSTON TX 77030 223195349 SUPPORT ORG TX 501(c)(3) Type I NA false BCM TECHNOLOGIES INC 2450 HOLCOMBE BLVD SUITE 13 HOUSTON TX 77021 760112935 INVESTMENT DE BCM C Corporation 1 true PRESCRIPTIVE INSURANCE COMPANY LTD 22 LIME TREE BAY AVE PO BOX 1051 GRAND CAYMAN CJ 741613878 LIABILITY INS CJ BCM C Corporation 1 true FUNDATIA BAYLOR-MAREA NEGRA-ROMANIA STR PRELUNGIREA LILIACULUI NR 10 CONSTANTA, RO PEDIATRIC AID RO BIPAI C Corporation true BAYLOR CHILDREN'S FOUNDATION COLOMBIA CRA 70 NO 119A-33 OFI 201 BOGOTA CO PEDIATRIC AID CO BIPAI C Corporation true BCM CHILDREN'S FOUNDATION ARGENTINA LA RIOJA 626 NEUQUEN Q8302AXC AR PEDIATRIC AID AR BIPAI C Corporation true COREGON INC ONE BAYLOR PLAZA BCM 200 HOUSTON TX 77030 473124084 INACTIVE TX BCM C Corporation 0 0 1 true BCM RADIOLOGY ASSOCIATES ONE BAYLOR PLAZA BCM 200 HOUSTON TX 77030 204258051 INACTIVE TX BCM C Corporation 0 0 1 true XPLORATION HEALTH LLC 2450 HOLCOMBE BLVD SUITE BCM-A HOUSTON TX 77021 854174495 HEALTHCARE DLVRY TX BCM C Corporation 0 0.82 true Phiogen Inc 2450 Holcomb Blvd STE BMC-A Houston TX 77021 922368416 Pharmaceutical DC BCM C Corporation 0.65 true BAYLOR MEDICINE OUTPATIENT RADIOLOGY One Baylor Plaza BCM 106A Houston TX 77030 923766137 INACTIVE TX BCM C Corporation 0 0 1 true false true false false false false false false false false false true false false false false false true false BAYLOR INT PEDIATRIC AIDS INITIATIVE B 4796482 General Ledger BAYLOR COLLEGE OF MEDICINE HEALTHCARE L 1183248 General Ledger PHIOGEN INC B 800000 General Ledger PHIOGEN INC L 301379 General Ledger PRESCRIPTIVE INSURANCE COMPANY LTD R 1154723 General Ledger XPLORATION HEALTH LLC B 83000 General Ledger XPLORATION HEALTH LLC L 325211 General Ledger