The DeBakey Medical Foundation

HOUSTON, TX EIN: 74-6053822

The DeBakey Medical Foundation is a private foundation focused on Education, based in HOUSTON, TX. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $13.6M in total assets. In 2025, it awarded 9 grants totaling $3.9M. Net investment income was $1.5M.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$13.6M

-4.6% YoY

Annual Giving

$3.9M

+8.1% YoY

Grant Count

9

+12.5% YoY

Avg Grant Size

$438K

-3.9% YoY

About The DeBakey Medical Foundation

Based on IRS filings

The DeBakey Medical Foundation is a private foundation focused on Education, based in HOUSTON, TX. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $13.6M in total assets. In 2025, it awarded 9 grants totaling $3.9M. Net investment income was $1.5M.

Focus Areas

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

2states

Cities

BethesdaDentonHoustonWaco

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$1M$3M$4M$5M20212022202320242025
Metric202520242023
Total Assets$13,633,953$14,289,371$14,970,152
Revenue$1,966,131$2,057,593$1,830,239
Expenses$4,592,382$4,173,871$3,651,521
Qualifying Distributions$4,144,887$3,754,483$3,341,076
Net Investment Income$1,536,029$1,667,871$1,519,794
Distributable Amount$4,519,134$4,044,582$3,719,402

Giving Over Time

Total grant dollars and number of grants per year

$0$985K$2M$3M$4M7 grants20216 grants20225 grants20238 grants20249 grants2025

Grant Insights

How this funder distributes its grants

Top Recipients

Top 9 recipients in 2025

Baylor College of Medicine$2.0MBaylor College of Medicine$500KBaylor University$350KBaylor College of Medicine$300KBaylor College of Medicine$300KThe John P McGovern Muse…$200KHouston Methodist Hospit…$150KBaylor College of Medicine$100KBaylor College of Medicine$40K

Grant Size Distribution

35 grants across all recorded years

4<$50K3$50–100K7$100–250K11$250–500K6$500K–1M4$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2025 IRS filing

Dr Herbert D Short IIIPres/Trustee$100KDr George P NoonTreas/Trustee$10KDr Charles H McCollumSec/Trustee$10KWilliam H CaudillTrustee$10KDavid R LummisTrustee$10K

From 2025 filing

NameTitleHoursCompensation
Dr Herbert D Short IIIPres/Trustee10$100,000
Dr George P NoonTreas/Trustee1$10,000
Dr Charles H McCollumSec/Trustee1$10,000
William H CaudillTrustee1$10,000
David R LummisTrustee1$10,000

Subject Areas

Focus areas based on grantmaking activity

Related Funders

Similar funders by location and focus area

Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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