Texas Health Resources Foundation
Public records show a registered, tax-exempt organization in good standing.
What it says it does
DEVELOP AND CULTIVATE PHILANTHROPY AND COLLABORATIVE RELATIONSHIPS WITHIN THE COMMUNITY TO SUPPORT THE PROGRAMS AND SERVICES OFFERED BY TEXAS HEALTH RESOURCES RELATED ENTITIES.
- Income
- $46.9 million
- Spending
- $23.7 million
- Spent on programs
- 59%
- Reserves
- 94.9 months of spending
- Largest source of income
- investment income, 61%
- Employees
- 34
- Volunteers
- 443
- Highest pay
- $5.6 million, thr ceo/trustee
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Strong: 93 out of 100. Higher than 85% of charities in its peer group (health care, $10m to $100m).
Reserves
35 of 35Spendable reserves would cover 94.9 months of spending.
Debt
20 of 20It owes 1% of what it owns.
Living within its means
15 of 15Income exceeded spending by 49% of income.
Income trend
15 of 15Income rose 66% on the year before.
Spending floor
8 of 1559% of spending went to programs and raising each dollar of donations cost 24 cents.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Strong: 95 out of 100. Higher than 39% of charities in its peer group (health care, $10m to $100m).
Independent board
25 of 2514 of 15 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
8 of 8Has a written whistleblower policy.
Record keeping policy
7 of 7Has a written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Pay set independently
0 of 5Reports no independent review process for its chief executive's pay.
Independent check of accounts
15 of 15Its accounts were audited by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (1)
- $14.1 million spent. The primary activity of Texas Health Resources Foundation is to develop and cultivate philanthropy and collaborative relationships within the healthcare community. In addition, the Foundation aligns with Texas Health Resources and its related organizations to foster programs and services offered and to improve the health of the communities served. Most of the grants given by the Foundation are made to support the activities of the members of the Texas Health Resources healthcare system. Activities undertaken during the year are targeted programs to identify, cultivate, solicit, receive, invest and grant philanthropic funds. Activities undertaken include: Capital Campaigns, Major Gift Program, Annual and Tribute Giving Programs, Planned Giving Program, Special Fundraising Events, and Hospital Affinity Groups. Grants were made in support of: education of physicians, nurses and allied health professionals, medical research, indigent patient programs, hospital equipment replacement and capital projects, other patient care services needed in the community, and operating expenses for certain departments at related Texas Health System hospitals.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
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? Passed.
Not on the IRS automatic revocation list.
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 December 2024.
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 1985.
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.