BAYLOR COLLEGE OF MEDICINE Charity Report

Public IRS 990 nonprofit record

BAYLOR COLLEGE OF MEDICINE

EIN 74-1613878 · Education (B500)

What they do

BAYLOR COLLEGE of MEDICINE (BCM) is COMMITTED to ADVANCING HUMAN HEALTH THROUGH THE INTEGRATION of PATIENT CARE, RESEARCH, EDUCATION, and COMMUNITY SERVICES.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $91.90 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders76 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

91.88%of revenue went to mission work91.9% of expenses · Program services

0.60%of revenue went to fundraising0.6% of expenses

$99.96spent for every $100 of revenueRevenue covered expenses this year.

7.48%of revenue went to management and office costs7.5% of expenses

$1.05in assets for every $1 spent this yearSome assets cannot be spent right away.

28.1%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $4,716,352 for PAUL E KLOTMAN MD (PRESIDENT/CEO, EXECUTIVE DEAN). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$2,979,794,649

Mission workProgram services$2,737,946,15091.88% of revenue91.9% of expenses

ManagementOffice and general costs$222,993,5627.48% of revenue7.5% of expenses

FundraisingAsking for donations$17,763,3570.60% of revenue0.6% of expenses

Revenue left after expensesReported annual surplus$1,091,5800.04% of revenueShown in gray on the chart

Total expenses$2,978,703,06999.96% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 91.9% mission · 7.5% management · 0.6% fundraisingTotal expenses: 99.96% of revenue

2023Expense mix: 91.6% mission · 8.0% management · 0.4% fundraisingTotal expenses: 100.29% of revenue

2022Expense mix: 92.7% mission · 7.0% management · 0.4% fundraisingTotal expenses: 100.64% of revenue

2021Expense mix: 92.6% mission · 7.1% management · 0.3% fundraisingTotal expenses: 94.54% of revenue

2020Expense mix: 92.7% mission · 7.0% management · 0.3% fundraisingTotal expenses: 95.52% of revenue

2019Expense mix: 92.4% mission · 7.2% management · 0.4% fundraisingTotal expenses: 103.39% of revenue

2018Expense mix: 88.9% mission · 10.8% management · 0.3% fundraisingTotal expenses: 100.52% of revenue

2017Expense mix: 84.9% mission · 14.8% management · 0.3% fundraisingTotal expenses: 96.35% of revenue

Money in and money out

Revenue$2,979,794,649

Expenses$2,978,703,069

Annual surplus $1,091,580 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$2,737,946,150 · 91.9% of expenses

Management and office costs$222,993,562 · 7.5% of expenses

Fundraising$17,763,357 · 0.6% of expenses

See all reported dollar amounts

Revenue$2,979,794,649

Expenses$2,978,703,069

Assets$3,113,646,721

Income$3,306,675,860

Contributions$836,352,482

Mission work (program services)$2,737,946,150

Fundraising$17,763,357

Grants given$32,592,942

Average grant$4,656,135

Management and general$222,993,562

Executive compensation (total)$23,307,583

Stocks and bonds$732,243,518

Accounting fees$2,519,647

Investing fees$6,400,635

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

PAUL E KLOTMAN MDPRESIDENT/CEO, EXECUTIVE DEAN · 50 hrs/week $4,716,352Base $4,028,822 · Other $687,530

CHRISTOPHER LAVERGNE MDASSISTANT PROF · 50 hrs/week $2,122,783Base $2,077,204 · Other $45,579

JEFFREY HEINLE MDPROF/CONGENITAL HEART SURGERY · 50 hrs/week $2,108,462Base $2,061,564 · Other $46,898

KENNETH LIAO MD PHDPROFESSOR AND CHIEF · 50 hrs/week $1,949,689Base $1,903,391 · Other $46,298

JOHN A GOSS MDPROF/CHIEF, ABDOMINAL TRANS. · 50 hrs/week $1,912,425Base $1,866,127 · Other $46,298

MARC MOON MDPROF/CHIEF CARDIOTHORACIC SURGERY · 50 hrs/week $1,867,107Base $1,820,809 · Other $46,298

JAMES T MCDEAVITT MDSVP & DEAN OF CLINICAL AFFAIRS · 50 hrs/week $1,486,242Base $1,214,511 · Other $271,731

LARA SHEKERDEMIAN MDCHAIR - DEPT OF PEDIATRICS · 50 hrs/week $1,427,150Base $1,379,652 · Other $47,498

WILLIAM D WALKERVP - CHIEF INVESTMENT OFFICER · 50 hrs/week $1,222,451Base $1,173,826 · Other $48,625

HASHEM EL-SERAG MDCHAIR, DEPT OF MEDICINE · 50 hrs/week $1,008,895Base $962,777 · Other $46,118

JOE DOTYSVP & CHIEF OPERATING OFFICER · 50 hrs/week $985,382Base $805,351 · Other $180,031

ROBERT F CORRIGAN JR JDSVP/GENERAL COUNSEL, CORP SEC · 50 hrs/week $930,383Base $753,744 · Other $176,639

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (76)

PAUL E KLOTMAN MDPRESIDENT/CEO, EXECUTIVE DEAN

CHRISTOPHER LAVERGNE MDASSISTANT PROF

JEFFREY HEINLE MDPROF/CONGENITAL HEART SURGERY

KENNETH LIAO MD PHDPROFESSOR AND CHIEF

JOHN A GOSS MDPROF/CHIEF, ABDOMINAL TRANS.

MARC MOON MDPROF/CHIEF CARDIOTHORACIC SURGERY

JAMES T MCDEAVITT MDSVP & DEAN OF CLINICAL AFFAIRS

LARA SHEKERDEMIAN MDCHAIR - DEPT OF PEDIATRICS

WILLIAM D WALKERVP - CHIEF INVESTMENT OFFICER

HASHEM EL-SERAG MDCHAIR, DEPT OF MEDICINE

JOE DOTYSVP & CHIEF OPERATING OFFICER

ROBERT F CORRIGAN JR JDSVP/GENERAL COUNSEL, CORP SEC

LORIE TABAKCHIEF OF STAFF

JENNIFER G CHRISTNER MDDEAN - SCHOOL OF MEDICINE (UNTIL 11-15-25)

PETER J HOTEZ MD PHDDEAN - NAT SCHOOL OF TROP MED

STEPHANIE YOUNGSVP, INSTITUTIONAL ADVANCEMENT

GORDON E SCHUTZE MDCHAIR - DEPT OF PEDIATRICS (INTERIM 02-24-21 UNTIL

CAROLYN SMITH PHDSVP (INTERIM 05-01-24 TO 10-10-24) & DEAN-GRAD BIO

ASHOK BALASUBRAMANYAM MDVP ACAD. INTEGR/SR ASSOC DEAN

CLAIRE BASSETTVP & CHIEF COMMUNICATIONS OFFICER

BERT OMALLEY MDCHANCELLOR (PASSED AWAY 11-11-25)

OSWALDO RAMIREZCHIEF FINANCIAL OFFICER (INTERIM 03-06-24 THROUGH

KIMBERLY COTNER DAVIDSVP & CHIEF BUSINESS OFFICER (UNTIL 06-30-24)

TODD A REINHART SCDDEAN-SCHOOL OF HEALTH PROFESSIONS

MARY DICKINSON PHDSVP/DOR (UNTIL 04-30-24)

JAMIE BAILEYSVP & CHIEF FINANCIAL OFFICER (UNTIL 03-05-24)

WESLEY A BENBOWSVP & CHIEF FINANCIAL OFFICER (BEGINNING 12-01-24)

MELANIE GRAYTRUSTEE

MICHAEL G MACDOUGALLTRUSTEE

MARK A MCCOLLUMTRUSTEE

MARC J SHAPIROTRUSTEE (UNTIL 05-14-25)

RALPH EADSTRUSTEE

PAUL L FOSTERTRUSTEE

PAUL W HOBBYTRUSTEE

PRECIOUS W OWODUNNITRUSTEE

JOHN L NAU IIITRUSTEE (UNTIL 05-14-25)

ROBERT J UNDERBRINKTRUSTEE

ROBERT L BREWTONTRUSTEE

SARAH FOSHEE MDTRUSTEE

SHAUNA J CLARKTRUSTEE

T DOUGLAS LAWSON PHDTRUSTEE (UNTIL 02-21-25)

TODD A REPPERTTRUSTEE

TRINIDAD MENDENHALLTRUSTEE

VIJAY GORADIATRUSTEE

WIL VANLOHTRUSTEE

WILLIAM E MEARSETRUSTEE/VICE CHAIR

GREGORY D BRENNEMANTRUSTEE/CHAIR-ELECT

ANTONIO FALCON MDTRUSTEE

BARBARA B ALLBRITTONTRUSTEE

BROOKS H MCGEETRUSTEE

CHARLES A WILLIAMSTRUSTEE

CHRISTOPHER B SAROFIMTRUSTEE

CHRISTOPHER D WALLISTRUSTEE/VICE CHAIR

CHUCK WATSONTRUSTEE

CORBIN J ROBERTSON JRTRUSTEE (UNTIL 05-14-25)

DAVID C BALDWINTRUSTEE

DAVID R DOMINYTRUSTEE

ELISE ELKINS JOSEPHTRUSTEE (UNTIL 11-20-24)

ERIC MULLINSTRUSTEE

FRED R LUMMISTRUSTEE

GAIL W STEWARTTRUSTEE/SECRETARY

LINDA A LIVINGSTONE PHDTRUSTEE

HENRY JN TAUB IITRUSTEE

IRA M MITZNERTRUSTEE

J CARY GRAYTRUSTEE

J MURRY BOWDENTRUSTEE

JACK FIELDSTRUSTEE

JAMES C FLORESTRUSTEE

JAMES T HACKETTTRUSTEE

JAY A BROWNTRUSTEE

JOHN F ANDERSON MDTRUSTEE (PASSED AWAY 03-08-25)

ALICIA A SABERIOONTRUSTEE

KELLY HACKETTTRUSTEE (UNTIL 06-01-25)

LARRY TAYLORTRUSTEE (BEGINNING 08-26-24)

LARRY P HEARDTRUSTEE/VICE CHAIR

LEE H ROSENTHALTRUSTEE

About this charity

Recognized since: January 1969
Location: 1 BAYLOR PLZ, HOUSTON, TX 77030-3411
County: Harris
In care of: % JAMIE BAILEY
Primary officer: PAUL E KLOTMAN MD, PRESIDENT

How to reach them

WebsiteVisit the charity’s website Emailmychart@bcm.eduMyChart Phone(713) 798-4951

Filing and classification

Latest tax year: 2024
Tax period began: July 1, 2024
Return type: 990
Tax preparer: ERNST & YOUNG US LLP
NTEE classification: Education (B500)
IRS tax category: Colleges, Universities, and Professional Schools
Grant-giving organization: Yes