Passes our checks

Texas Biomedical Forum

EIN 23-7080207 · San Antonio, TX

Public records show a registered, tax-exempt organization in good standing.

What it says it does

THE PURPOSE OF TEXAS BIOMEDICAL FORUM IS TO PROVIDE SUPPORT FOR TEXAS BIOMEDICAL RESEARCH INSTITUTE

Source: Form 990 for the year ending July 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Fair: 56 out of 100. Higher than 19% of charities in its peer group (science, $250k to $1m).

Reserves
4 of 35
Spendable reserves would cover 0.8 months of spending.
Debt
20 of 20
It owes 0% of what it owns.
Living within its means
12 of 15
Income exceeded spending by 1% of income.
Income trend
5 of 15
Income fell 12% on the year before.
Spending floor
15 of 15
93% of spending went to programs and raising each dollar of donations cost 0 cents.

Source: Form 990 for the year ending July 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Weak: 48 out of 100. Higher than 16% of charities in its peer group (science, $250k to $1m).

Independent board
25 of 25
31 of 31 voting board members are independent.
Conflict of interest policy
0 of 15
Reports no written conflict of interest policy.
Whistleblower policy
0 of 8
Reports no written whistleblower policy.
Record keeping policy
0 of 7
Reports no written policy on keeping and destroying records.
Board minutes
5 of 5
Keeps minutes of board meetings.
Board sees the tax return
0 of 10
Did not give the board a copy of this return before filing it.
Independent check of accounts
6 of 15
Its accounts were not audited or reviewed by an independent accountant.
No reported misuse
10 of 10
Reports no diversion of assets, excess benefits or loans to insiders.

Source: Form 990 for the year ending July 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Describes programs. Its tax return describes what it does but we have found no measurable results in it.

Programs described in its return (2)

$821,344 spent. CASH GRANTS TO TEXAS BIOMEDICAL RESEARCH INSTITUTE, WHICH IS ENGAGED IN BASIC BIOMEDICAL/RELATED SCIENTIFIC RESEARCH.
$22,002 spent. EXPENSES INCURRED FOR MORE VISIBILITY IN THE COMMUNITY IN ORDER TO INCREASE MEMBERSHIP AND INCOME FOR THE BENEFIT OF TEXAS BIOMEDICAL RESEARCH INSTITUTE. ALSO, SCIENCE EDUCATION AWARDS ARE GIVEN TO UNIVERSITIES AS SCHOLARSHIPS FOR STUDENTS FROM BEXAR COUNTY AREA SCHOOLS.

Source: Form 990 for the year ending July 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Worth knowing.
Status was revoked on December 15, 2019 for not filing returns for three years, and reinstated on December 15, 2019.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending July 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since July 2020.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.

Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.