North Central Texas Medical Foundation
North Central Texas Medical Foundation is a private foundation focused on Health, based in Wichita Falls, TX. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $825K in total assets. In 2025, it awarded 2 grants totaling $88K. Net investment income was $139K.
North Central Texas Medical Foundation at a glance
In short: North Central Texas Medical Foundation gave $88K across 2 grants in 2025 (avg $44K), mostly in Texas. Source: 2025 IRS Form 990-PF.
- Annual giving (2025)
- $87,703
- Grants made (2025)
- 2
- Average grant
- $43,852
- Median grant
- $43,852
- Total assets
- $824,805
- +4.4% vs 2024
- Primary geography
- Texas (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990-PF, 2025 View filing
Data from IRS Form 990-PF, 2025; updated September 2026.
Who North Central Texas Medical Foundation funds
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2025
The largest 2025 recipient was Wichita Falls Area Community Foundation ($82K). Together the top 2 received $88K.
Grant Size Distribution
3 grants across all recorded years
The most common grant size was under $50K: 2 grants of 3 (67%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of 2025 grant dollars across all 2 itemized grants.
States
Cities
How North Central Texas Medical Foundation gives
- Giving grew 251% from 2022 to 2025. Method
- In 2025 it paid out 187% of its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990 filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2022 to 2025, annual grant giving ranged from $25K (2022) to $88K (2025). In 2025 it made 2 grants totaling $88K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Wichita Falls Area Community Foundation Wichita Falls, TX | Scholarships - Dorothy Roberts-Burns Scholarship Fund | $82,000 |
| James Alexander Johnson Irrevocable Trust Wichita Falls, TX | Medical Scholarship Donation | $5,703 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2025 | $824,805 | $159,993 | $125,343 | $87,703 | 2 | $92,827 | $139,315 | $49,663 |
| 2024 | $790,155 | $56,636 | $23,573 | — | — | $3,000 | $35,793 | $46,703 |
| 2023 | $757,092 | $-63,137 | $23,156 | — | — | $1,600 | $25,731 | $42,399 |
| 2022 | $964,507 | $65,109 | $60,785 | $25,000 | 1 | — | $65,109 | — |
| 2021 | $1,050,183 | $-51,779 | $35,892 | — | — | — | $-51,779 | — |
| 2020 | $1,137,854 | $-63,400 | $49,769 | — | — | — | $-63,456 | — |
| 2019 | $1,251,023 | $97,581 | $60,664 | — | — | — | $75,707 | — |
Under IRS private-foundation payout rules, North Central Texas Medical Foundation reported a distributable amount of $50K for 2025 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
North Central Texas Medical Foundation is led by Sriram Sudarshan MD, Chairman on every filing since 2021; none of the 4 officers listed in 2025 report compensation.
Officers on the 2025 filing
Sriram Sudarshan MD
Chairman
On filings since 2021
1 hr/week
No compensation reported
Ved Ganeshram MD
Director
On filings since 2021
0.5 hrs/week
No compensation reported
Danny R. Bartel MD
Secretary & Treasurer
Secretary & Treasuer → Secretary & Treasurer, 2023
On filings since 2019
1 hr/week
No compensation reported
John Hilmi MD
Vice Chairman
Vice President → Vice Chairman, 2023
On filings since 2019
0.5 hrs/week
No compensation reported
Former officers (1)
- Former: David Whittiker MD (2019–2020) — Chairman
Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about North Central Texas Medical Foundation
How much does North Central Texas Medical Foundation give each year?
North Central Texas Medical Foundation gave $88K across 2 grants in 2025, according to its 2025 IRS Form 990-PF.
How large is North Central Texas Medical Foundation?
North Central Texas Medical Foundation reported $825K in total assets on its 2025 IRS Form 990-PF. It paid out $93K in qualifying distributions that year, against a required minimum of $50K (roughly 5% of its investment assets).
What is North Central Texas Medical Foundation?
North Central Texas Medical Foundation is a private foundation focused on Health, based in Wichita Falls, TX. It holds $825K in total assets as of 2025.
Where does North Central Texas Medical Foundation operate?
North Central Texas Medical Foundation has awarded grants in Texas.
What is North Central Texas Medical Foundation's EIN?
North Central Texas Medical Foundation's EIN (Employer Identification Number) is 23-7339430. IRS Form 990 filing data is available on this page for 2019–2025.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Data update history
(4)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2022 (received by the IRS July 17, 2023)
- Added Form 990 for fiscal year 2019 (received by the IRS April 14, 2020)
- Added Form 990-PF for fiscal year 2025 (received by the IRS July 31, 2026)
- IRS filings on file for fiscal years 2020–2024
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