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Texas · Nonprofit

TEXAS MEDICAL ASSOCIATION SPECIAL FUNDS FOUNDATION

TEXAS MEDICAL ASSOCIATION SPECIAL FUNDS FOUNDATION (Texas) receives grants from 2 organizations whose IRS filings report $660,000 to it, the largest being THE PHYSICIANS FOUNDATION INC ($650,000). 1 of them have funded it in more than one year.

Revenue FY2024
$1.1M
Funders on record
2
Grants received
$660k
Net assets
$6.1M
1/2 repeat funderspeak grant-dependency 26%
01What it does

What Texas Medical Association Special Funds Foundation does

Mission

The foundation 1)supports public health programs 2) provides loans to medical students, residents, and graduate students 3) limited grants 4)underwrites lectureships regarding medicine and the law.

As stated on its FY2024 Form 990.

Programs

  1. Public health initiatives such as heartcare, bike helmets for kids, immunization, patient safety, and health information technology.

    $129,694 spentof which $75,311 as grants
    41% of program spending
  2. Scholarship award for applicants pursuing careers in medicine or allied health.

    $185,526 spentof which $159,250 as grants
    59% of program spending
  3. Administration of medical student loan program. The fund loans money to qualified medical students who establish a financial need. During 2024, 12 loans for were isued for total of $65,040.

    $1,807 spent$21,493 earned by the program
    1% of program spending

The 3 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $317,027.

02The organization over time

The organization over time

Each line starts at 100 in 2019, so what you read is the shape rather than the size: 150 means half as much again as 2019, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20192019 Revenue 100 ($996k) Expenses 100 ($791k) Net assets 100 ($3.9M)2020 Revenue 96 ($956k) Expenses 106 ($835k) Net assets 110 ($4.3M)2021 Revenue 40 ($396k) Expenses 35 ($279k) Net assets 120 ($4.7M)2022 Revenue 46 ($454k) Expenses 55 ($437k) Net assets 107 ($4.2M)2023 Revenue 106 ($1.1M) Expenses 64 ($504k) Net assets 130 ($5.1M)2024 Revenue 113 ($1.1M) Expenses 55 ($433k) Net assets 156 ($6.1M)
201920202021202220232024
Revenue (113)Expenses (55)Net assets (156)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2023 to 2024, from $5.1M to $6.1M (+20%).

$3.9M
$4.3M
$4.7M
$4.2M
$5.1M
$6.1M
201920202021202220232024
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2019
2020
2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

85% of TEXAS MEDICAL ASSOCIATION SPECIAL FUNDS FOUNDATION’s revenue is contributions — more donation-reliant than the typical peer (48% for the typical peer).

This organization
Typical peer · 12,352 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 0 of the last 6 reported years ran a deficit.

$204k
’19
$121k
’20
$117k
’21
$17k
’22
$551k
’23
$694k
’24
9.6
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Chief executive

Michael J Darrouzet

CEO

Board chair

Keith A Bourgeois Md

Chair (23-24)

As listed on its FY2024 Form 990.

201920202021202220232024
Listed242223242426
Joined·+3+4+5+5+7
No longer listed·53455
03Who funds it

Who funds it, year by year

2017 → 2020: the base held at 1 funder, grant income rose $150k → $250k.

Funder
'17
'19
'20
'24*
total
funders
1
1
1
1

Left out of every figure on this page: $2.3M from 3 payers (the payer shares this organization's board, largest Texas Medical Association). These are real filings, and they are not money TEXAS MEDICAL ASSOCIATION SPECIAL FUNDS FOUNDATION raised.

From the IRS filings of TEXAS MEDICAL ASSOCIATION SPECIAL FUNDS FOUNDATION’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

TEXAS MEDICAL ASSOCIATION SPECIAL FUNDS FOUNDATION leans on a few funders — its largest provides 98% of grant income and the top three 100%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

98% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund TEXAS MEDICAL ASSOCIATION SPECIAL FUNDS FOUNDATION.

98%
largest funder
100%
top three
~1
effective funders

Largest funder’s share by year: 2017 100% · 2019 100% · 2020 100% — broadly stable.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

100% of TEXAS MEDICAL ASSOCIATION SPECIAL FUNDS FOUNDATION's grant income comes from Texas funders.

TX

In-state vs out-of-state, by year

’17
’19
’20
Texas out of state home

Funder states come from each funder’s own filing. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

TEXAS MEDICAL ASSOCIATION SPECIAL FUNDS FOUNDATION runs a healthier operating margin than three-quarters of the 11,752 education nonprofits its size.

Operating margin62% · top quartile
Months of reserve9.6mo · top quartile
Revenue growth (annualized)3% · bottom quartile

this organization peer median middle 50% of peers· 11,752 education nonprofits $1M–$10M, FY2024

Organizations like TEXAS MEDICAL ASSOCIATION SPECIAL FUNDS FOUNDATION

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Texas

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

73% of spending goes to programs.

Program 73%Management 27%Fundraising 0%

Governance

18
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention–Board reviewed the 990✓Audited financials

Footprint & structure

Part of a family of 2 related entities

  • Texas Medical Association · exempt
  • Texas Medical Association Foundation · exempt

Screen this organization

A dated, signed PDF of the compliance screen for TEXAS MEDICAL ASSOCIATION SPECIAL FUNDS FOUNDATION: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds TEXAS MEDICAL ASSOCIATION SPECIAL FUNDS FOUNDATION?
TEXAS MEDICAL ASSOCIATION SPECIAL FUNDS FOUNDATION (Texas) receives grants from 2 organizations whose IRS filings report $660,000 to it, the largest being THE PHYSICIANS FOUNDATION INC ($650,000). 1 of them have funded it in more than one year.
How many funders does TEXAS MEDICAL ASSOCIATION SPECIAL FUNDS FOUNDATION have?
IRS filings report 2 organizations giving $660,000 in grants to TEXAS MEDICAL ASSOCIATION SPECIAL FUNDS FOUNDATION, 1 of which have funded it in more than one year.
Who is the largest funder of TEXAS MEDICAL ASSOCIATION SPECIAL FUNDS FOUNDATION?
THE PHYSICIANS FOUNDATION INC is the largest funder on record, with $650,000 in grants. The full list of funders is on this page.
How can an organization like TEXAS MEDICAL ASSOCIATION SPECIAL FUNDS FOUNDATION find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Texas. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2019–2024), and the filings of 2 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing