Baylor Health Care System Foundation

EIN: 751606705 501(c)(3) Health Care

Dallas, TX

Total Revenue
$104,199,720
Total Expenses
$53,042,628
Total Assets
$524,375,310
Net Assets
$516,983,979
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1975
Legal Domicile
TX
Principal Officer
Christina Goodman
Phone
2148204135
Tax Period
2024-07-01 to 2025-06-30

Baylor Health Care System Foundation, founded in 1975, is a major nonprofit in the Health Care sector that reported $104.2M in total revenue in fiscal year 2024. Revenue surged 40% from the prior year, signaling strong growth momentum. The organization ran a surplus of $51.2M, a strong 49% operating margin.

Mission

Provides philanthropic support services to help Baylor Scott & White Health (BSWH) achieve its mission of promoting the well-being of all individuals, families and communities.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $47,676,188
Program Service Revenue $0
Investment Income $57,420,151
Other Revenue $-896,619
TOTAL REVENUE $104,199,720

Expense Breakdown

Grants Paid $43,220,770
Salaries & Benefits $6,078,989
Fundraising Expenses $2,787,498
Program Expenses $46,534,214
Other Expenses $3,713,244
TOTAL EXPENSES $53,042,628

Year-over-Year Comparison

2024 2023 Change
Revenue $104,199,720 $74,634,341 +0.4%
Expenses $53,042,628 $50,081,426 +0.1%
Net Income $51,157,092 $24,552,915 +1.1%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
4
Independent Members
2
Employees
45
Volunteers
2

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
4
$2,385,911
Total Directors
4
$9,827,245
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Norman P Bagwell Director/Chair 1.00
Director
$0 $0 $0
Margo Goodwin Director 1.00
Director
$0 $0 $0
Peter McCanna Director 1.00
Director
$0 $48,731 $8,964,723
Benjamin Renberg Director/President/CEO(Thru 6/13/25) 40.00
Officer Director
$761,243 $101,279 $862,522
Christina Goodman President/VP FD Dev (Eff.6/13/25) 40.00
Officer
$277,005 $38,716 $315,721
Amy Martin VP CFO 40.00
Officer
$423,050 $77,661 $500,711
Grant Teegarden Secretary 1.00
Officer
$0 $87,260 $706,957
Sarah Cantu VP Donor Engagement & Exp 40.00
Highest
$253,696 $56,375 $310,071
Craig Foster Dir Foundation - Major Gifts 40.00
Highest
$208,966 $38,299 $247,265
Amy Monday Foundation Director 40.00
Highest
$205,560 $12,546 $218,106
Timothy Moore Dir Foundation - Major Gifts 40.00
Highest
$210,719 $42,133 $252,852
Jennifer Sparrow Dir Advanced Analytics 40.00
Highest
$238,241 $21,144 $259,385
Kristi Sherrill Former Officer 0.00
$0 $92,774 $2,277,022
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $104,199,720 $53,042,628 $524,375,310 $51,157,092
2024 No data No data No data No data
2023 $57,283,718 $47,904,962 $420,356,550 $9,378,756
2022 $77,199,304 $44,183,809 $398,414,219 $33,015,495
2021 $53,895,442 $73,858,186 $467,606,696 $-19,962,744
2020 $43,648,592 $102,756,530 $432,187,103 $-59,107,938
2019 $72,591,376 $70,098,593 $455,533,049 $2,492,783
2018 $66,443,289 $49,839,514 $456,257,830 $16,603,775
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