Form 990 for tax year 2023
Filed by TARRANT COUNTY MEDICAL SOCIETY SCHOLARSHIP TRUST FUND.
Totals
- Total revenue
- $30,199
- Total expenses
- $43,400
- Contributions and grants received
- $5,000
- Grants paid
- $36,250
- Program service revenue
- $0
- Investment income
- $25,199
- Other revenue
- $0
- Total assets, end of year
- $868,521
- Total liabilities, end of year
- $0
- Net assets or fund balances, end of year
- $868,521
- Program services expenses (Part IX)
- $36,250
- Management and general expenses
- $7,150
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $36,250
Program services were 83.5% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1f · All other contributions, gifts and grants
$5,000
-
3 · Investment income
total $25,240 · excluded $25,240
-
7a · Gross sales of assets other than inventory
securities $88,580
-
7b · Less cost or other basis and sales expenses
securities $88,621
-
7c · Gain or loss
securities -$41
-
7d · Net gain or loss
total -$41 · excluded -$41
Functional expenses
Part IX, the statement of functional expenses.
-
2 · Grants to domestic individuals
total $36,250 · program services $36,250
-
11b · Fees: legal
total $1,575 · management and general $1,575
-
11f · Fees: investment management
total $5,575 · management and general $5,575
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $35,040 · end of year $4,043
-
11 · Investments: publicly traded securities
beginning of year $756,900 · end of year $864,478
-
27 · Net assets without donor restrictions
beginning of year $791,940 · end of year $868,521
Mission and programs · 2023
Mission
TO ENCOURAGE THOSE ENTERING THE MEDICAL SUPPORT FIELD BY PROVIDING SCHOLARSHIPS TO PERSONS STUDYING TO BE MEDICAL SUPPORT PERSONNEL.
Activities or mission (Part I)
ENCOURAGE STUDENTS BY PROVIDING SCHOLARSHIPS TO PERSONS STUDYING TO BE MEDICAL SUPPORT PERSONNEL.
-
SCHOLARSHIPS ARE GRANTED TO PERSONS STUDYING TO BE MEDICAL SUPPORT PERSONNEL AND RECIPIENTS ARE SELECTED BY A COMMITTEE OF PHYSICIANS WHO REVIEW APPLICATIONS.
Expenses $36,250 · Grants $36,250
As filed on the 2023 return.
Listed in Part VII
-
Brian SwiftBRIAN SWIFT
EXECUTIVE DI
- Total calculated
- $273,037
- From this org
- $0
- From related orgs
- $237,680
- Other
- $35,357
- Hours/week
- 1 + 39 related
Schedule J breakdown matched by us
- Base
- not reported + $237,680 related
- Bonus
- not reported
- Other
- not reported
- Deferred
- not reported + $19,306 related
- Nontaxable benefits
- not reported + $16,051 related
- Filer's total
- not reported + $273,037 related
-
Omar Selod DoOMAR SELOD DO
PRESIDENT
- Total calculated
- $0
- Hours/week
- 1 + 2 related
-
Triwanna Fisher-WikoffTRIWANNA FISHER-WIKOFF
PRESIDENT-EL
- Total calculated
- $0
- Hours/week
- 1
-
Cheryl Hurd MDCHERYL HURD MD
VICE PRESIDE
- Total calculated
- $0
- Hours/week
- 1 + 2 related
-
Tyson GarfieldTYSON GARFIELD
SECRETARY/TR
- Total calculated
- $0
- Hours/week
- 1
-
Shanna Combs MDSHANNA COMBS MD
PAST PRESIDE
- Total calculated
- $0
- Hours/week
- 1 + 2 related
-
Angela Self MDANGELA SELF MD
PAST PRESIDE
- Total calculated
- $0
- Hours/week
- 1 + 2 related
-
Stuart C Pickell MDSTUART C PICKELL MD
PAST PRESIDE
- Total calculated
- $0
- Hours/week
- 1 + 2 related
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
None.
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
The filer's explanations (Part III)
- SCHEDULE J, PART III
- THE EXECUTIVE DIRECTOR IS ALSO THE EXECUTIVE DIRECTOR OF THE RELATED ENTITY TARRANT COUNTY MEDICAL SOCIETY. SALARY WAS SET BY THE BOARD OF TRUSTEES OF THE RELATED ENTITY USING INDEPENDENT DATA FROM THE AMERICAN ASSOCIATION FOR MEDICAL SOCIETY EXECUTIVES AND THIS USE WAS SUBSTANTIATED IN THE MINUTES OF THE TRUSTEES MEETING IN WHICH THE REVIEW OCCURED.
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
No itemized grants to organizations on this return.
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
TARRANT COUNTY MEDICAL SOCIETY
501C6 · SOCIETY · TX
-
TARRANT COUNTY ACADEMY OF MEDICINE
501C3 · EDUCATION · TX
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 20 December 2024
- IRS schema version
- 2023v5.0
- Source object
- 202433559349301563
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
The source document this was parsed from is served over the API, which is where bulk and document access live.