Southwestern Medical Foundation Market Research Report

Company Overview

• Name & Mission:

• Southwestern Medical Foundation is a public charity focused on building a sustainable funding source to support innovative research, high-quality medical education, and the highest standard of patient care.

• Founded:

• The foundation was established in 1939 by visionaries Dr. Edward H. Cary, Karl Hoblitzelle, Hall Shannon, and E.R. Brown.

• Key People:

• Jere W. Thompson, Jr. - Chairman of the Board

• Michael T. McMahan - President & CEO

• Sarah Fletcher - Chief Financial Officer

• Emily E. Davis - Sr. Director of Gift & Fund Administration | Corporate Secretary

• Headquarters:

• Parkland Hall at Old Parkland, 3889 Maple Avenue, Suite 100, Dallas, Texas 75219-3914

• Number of Employees:

• No information is available.

• Revenue:

• The foundation oversees a $1 billion endowment as part of its financial management responsibilities.

• Reputation:

• Known for its unwavering support of medical research, education, and patient care, positioning UT Southwestern Medical Center as a leader in tackling the greatest health challenges.

Products and Services

• Offerings:

• The foundation primarily focuses on connecting donors with innovative programs, managing philanthropic funds, and building engagement on the necessity for quality medical education, research, and clinical care. Specific products are not part of the foundation's service model, as it is a philanthropic organization.

• Description & Features:

• No specific product descriptions; the foundation's services are centered around funding and supporting initiatives in medical research and education.

Recent Developments

• New Board Members:

• In 2024, Southwestern Medical Foundation announced the inclusion of 12 new trustees to their Board, aiming to carry forward their mission and future endeavors. These trustees include Liz Armstrong, Jennifer Chandler, and others, bringing diverse experiences to support the foundation.

• Awards and Recognitions:

• Named by the Dallas Business Journal as one of the 2024 Best Places to Work in North Texas, reflecting the foundation's supportive and positive workplace culture.

• Planned Giving and Philanthropic Efforts:

• Dr. Joel Goodman joined The Wildenthal Society, pledging retirement plan assets to support research, education, and outreach at UT Southwestern.

• Infrastructure Developments:

• Working in partnership with UT Southwestern on significant projects and campaigns, including a $5 billion pediatric campus to meet surging demands in Dallas for enhanced medical care and research capabilities.

• Philanthropic Contributions:

• The foundation continues to honor impactful philanthropists like Sarah and Ross Perot Jr. with the prestigious Sprague Award, acknowledging their commitment to advancing healthcare.

• Financial Stewardship:

• Continues to maintain a Platinum Seal status from Candid and a Four-Star Rating from Charity Navigator, recognizing the foundation’s transparency and governance.

• Impact on Education:

• Initiatives like the STARS program, led by Dr. Goodman, have significantly enhanced science education in North Texas, benefiting over 120,000 students.

This structured and information-dense market research report provides an extensive overview of Southwestern Medical Foundation's activities, key management, and recent corporate developments.