North Central Texas Medical Foundation is a private foundation focused on Health, based in WICHITA FALLS, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $790K in total assets. In 2024, it made $3K in qualifying distributions. Net investment income was $36K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$790K
+4.4% YoY
Revenue
$57K
-189.7% YoY
Qualifying Distributions
$3K
+87.5% YoY
Expenses
$24K
+1.8% YoY
Under IRS private-foundation payout rules, North Central Texas Medical Foundation reported a distributable amount of $47K for 2024 — the minimum it must pay out in qualifying distributions.
About North Central Texas Medical Foundation
Based on IRS filings
North Central Texas Medical Foundation is a private foundation focused on Health, based in WICHITA FALLS, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $790K in total assets. In 2024, it made $3K in qualifying distributions. Net investment income was $36K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $790,155 | $757,092 | $964,507 |
| Revenue | $56,636 | $-63,137 | $65,109 |
| Expenses | $23,573 | $23,156 | $60,785 |
| Qualifying Distributions | $3,000 | $1,600 | — |
| Net Investment Income | $35,793 | $25,731 | $65,109 |
| Distributable Amount | $46,703 | $42,399 | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 0 recipients in 2024
Grant Size Distribution
1 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for 2024.
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| DANNY R BARTEL MD | SECRETARY/TREASURER | 1 | — |
| JOHN HILMI MD | VICE CHAIRMAN | 0.5 | — |
| SRIRAM SUDARSHAN MD | CHAIRMAN | 1 | — |
| VED GANESHRAM MD | DIRECTOR | 0.5 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
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 $790K in total assets as of 2024.
How large is North Central Texas Medical Foundation?
As of 2024, North Central Texas Medical Foundation holds $790K in total assets with $57K in annual revenue.
Where does North Central Texas Medical Foundation operate?
North Central Texas Medical Foundation has awarded grants in Texas.
How much is North Central Texas Medical Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, North Central Texas Medical Foundation reported a distributable amount of $47K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
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 2020–2024.
Explore Open Grants
Browse active grant opportunities in North Central Texas Medical Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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