DR S E THOMPSON SCHOLARSHIP FUND Charity Report

Public IRS 990 nonprofit record

DR S E THOMPSON SCHOLARSHIP FUND

EIN 74-6047346 · Scholarships & Student Financial Aid (B82)

What they do

THE PURPOSE of THIS FUND is to LOAN MONEY to QUALIFIED MEDICAL STUDENTS WHO ESTABLISH FINANCIAL NEED.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $58.90 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 leaders26 people are listed in the latest report.

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

Money made simple

57.98%of revenue went to mission work58.9% of expenses · Program services

$98.44spent for every $100 of revenueRevenue covered expenses this year.

40.46%of revenue went to management and office costs41.1% of expenses

$15.77in assets for every $1 spent this yearSome assets cannot be spent right away.

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 $80,912 for JOHN E DORMAN (COO). 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$552,839

Mission workProgram services$320,56357.98% of revenue58.9% of expenses

ManagementOffice and general costs$223,67640.46% of revenue41.1% of expenses

FundraisingAsking for donations0.00% of revenue0.0% of expenses

Revenue left after expensesReported annual surplus$8,6001.56% of revenueShown in gray on the chart

Total expenses$544,23998.44% 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: 58.9% mission · 41.1% management · 0.0% fundraisingTotal expenses: 98.44% of revenue

2023Expense mix: 61.3% mission · 38.7% management · 0.0% fundraisingTotal expenses: 115.06% of revenue

2022Expense mix: 56.9% mission · 43.1% management · 0.0% fundraisingTotal expenses: 187.35% of revenue

2021Expense mix: 65.4% mission · 34.6% management · 0.0% fundraisingTotal expenses: 78.78% of revenue

2020Expense mix: 67.3% mission · 32.7% management · 0.0% fundraisingTotal expenses: 140.59% of revenue

2019Expense mix: 68.5% mission · 31.5% management · 0.0% fundraisingTotal expenses: 54.10% of revenue

Money in and money out

Revenue$552,839

Expenses$544,239

Annual surplus $8,600 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)$320,563 · 58.9% of expenses

Management and office costs$223,676 · 41.1% of expenses

See all reported dollar amounts

Revenue$552,839

Expenses$544,239

Assets$8,582,508

Income$1,023,203

Mission work (program services)$320,563

Management and general$223,676

Stocks and bonds$6,866,100

Accounting fees$5,061

Investing fees$26,849

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

JOHN E DORMANCOO · 1 hrs/week $80,912Base · Other $80,912

MICHAEL J DARROUZETCEO · 1 hrs/week $47,544Base · Other $47,544

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 (26)

JOHN E DORMANCOO

MICHAEL J DARROUZETCEO

KATHERINE RUSSELLMEDICAL STUDENT MBR (23-24)

TONY R AVENTA MDTRUSTEE

SUBHAN TABBA MDRESIDENT/FELLOW MBR (23-24)

SAMUEL E MATHIS MDYOUNG PHYSICIAN MBR (23-24)

RODNEY B YOUNG MDTRUSTEE (24-25)

RICHARD W SNYDER II MDPRES(23-24)/IMMED PAST PRES(24-25)

PRUTHALI KULKARNI DORESIDENT/FELLOW MBR (24-25)

PARMINDER DEOMEDICAL STUDENT MBR (24-25)

LISA L EHRLICH MDTRUSTEE (23-24)

LEE ANN PEARSE MDTRUSTEE (24-25)

KIMBERLY E MONDAY MD MPHTRUSTEE

KEITH A BOURGEOIS MDCHAIR (23-24)

ANDREW J WIDMER MDYOUNG PHYSICIAN MBR (24-25)

JOSEPH S VALENTI MDCHAIR (24-25)/VICE CHAIR (23-24)

JOHN T CARLO MDTRUSTEE

JOHN G FLORES MDVICE SPEAKER OF THE HOUSE

JAYESH B SHAH MDPRES-ELECT(24-25)/SECRETARY(23-24)

GREGORY M FULLER MDSECRETARY/TREASURER

GARY W FLOYD MDIMMED PAST PRES(23-24)

G RAY CALLAS MDPRES(24-25)/PRES-ELECT(23-24)

DEXTER G TURNQUEST MDTRUSTEE (24-25)

CYNTHIA A JUMPER MDTRUSTEE

BRADFORD W HOLLAND MDSPEAKER OF THE HOUSE

BRADFORD S PATT MDTRUSTEE

About this charity

Recognized since: January 1963
Location: 401 WEST 15TH STREET 100, AUSTIN, TX 78701
County: Travis
In care of: MICHAEL DARROUZET
Primary officer: MICHAEL DARROUZET, EVP/CEO

How to reach them

WebsiteVisit the charity’s website EmailBelinda.Bininger@texmed.org Phone(512) 370-1490 Officer phone(512) 370-1300

Filing and classification

Latest tax year: 2024
Tax period began: January 1, 2024
Return type: 990
NTEE classification: Scholarships & Student Financial Aid (B82)
IRS tax category: Scholarships & Student Financial Aid