Totals
- Total revenue
- $487,198
- Total expenses
- $1,450,011
- Contributions and grants received
- $0
- Grants paid
- $1,366,886
- Program service revenue
- $0
- Investment income
- $81,098
- Other revenue
- $406,100
- Total assets, end of year
- $15,776,219
- Total liabilities, end of year
- $12,984
- Net assets or fund balances, end of year
- $15,763,235
- Program services expenses (Part IX)
- $1,366,886
- Management and general expenses
- $83,125
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $1,366,886
Program services were 94.3% 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.
-
3 · Investment income
total $65,769 · excluded $65,769
-
5 · Royalties
total $406,100 · excluded $406,100
-
7a · Gross sales of assets other than inventory
securities $15,329
-
7b · Less cost or other basis and sales expenses
securities $0
-
7c · Gain or loss
securities $15,329
-
7d · Net gain or loss
total $15,329 · excluded $15,329
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $1,366,886 · program services $1,366,886
-
11b · Fees: legal
total $13,728 · management and general $13,728
-
11f · Fees: investment management
total $22,228 · management and general $22,228
-
13 · Office expenses
total $10,870 · management and general $10,870
-
15 · Royalties
total $19,039 · management and general $19,039
-
16 · Occupancy
total $17,260 · management and general $17,260
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $33,541 · end of year $36,497
-
4 · Accounts receivable
beginning of year $6,144 · end of year $6,144
-
14 · Intangible assets
beginning of year $11,719 · end of year $11,719
-
15 · Other assets
beginning of year $14,241,108 · end of year $15,721,859
-
17 · Accounts payable and accrued expenses
beginning of year $0 · end of year $12,984
-
27 · Net assets without donor restrictions
beginning of year $3,363,465 · end of year $4,834,188
-
28 · Net assets with donor restrictions
beginning of year $10,929,047 · end of year $10,929,047
Mission and programs · 2023
Mission
THE TOM SLICK TRUST IS AN INCOME TRUST THAT SUPPORTS TEXAS BIOMEDICAL RESEARCH INSTITUTE.
Activities or mission (Part I)
THE TOM SLICK MEMORIAL TRUST EXISTS ONLY TO PROVIDE SUPPORT TO TEXAS BIOMEDICAL RESEARCH INSTITUTE, FORMERLY KNOWN AS SOUTHWEST FOUNDATION FOR RESEARCH AND EDUCATION.
-
THE TOM SLICK TRUST HOLDS OIL AND GAS PROPERTIES AND VARIOUS INVESTMENT SECURITIES. THE INCOME FROM THESE INVESTMENTS IS USED EXCLUSIVELY TO SUPPORT THE TEXAS BIOMEDICAL RESEARCH INSTITUTE AND ITS CHARITABLE MISSION. MINIMAL EXPENSES ARE INCURRED BY THE TRUST PRIOR TO MAKING MONTHLY DISTRIBUTIONS.
Expenses $1,366,886 · Grants $1,366,886
As filed on the 2023 return.
Listed in Part VII
-
Dr James Jamo RubinDR JAMES JAMO RUBIN
CHAIRMAN
- Total calculated
- $0
- Hours/week
- 0.25 + 2 related
-
Dr C Collins Andy Anderson IIIDR C COLLINS ANDY ANDERSON III
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.25 + 1 related
-
Mr James B Jamie Smith JrMR JAMES B JAMIE SMITH JR
SECRETARY
- Total calculated
- $0
- Hours/week
- 0.25 + 1 related
-
Mr Rex AminiMR REX AMINI
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.25 + 1 related
-
Mr Richard N Azar IIMR RICHARD N AZAR II
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.25 + 1 related
-
Mr David Q Bates JrMR DAVID Q BATES JR
TRUSTEE
- Total calculated
- $93,116
- From this org
- $0
- From related orgs
- $93,116
- Other
- $0
- Hours/week
- 0.25 + 1 related
-
Mr David BohneMR DAVID BOHNE
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.25 + 1 related
-
Mr Craig BoyanMR CRAIG BOYAN
VICE CHAIRMAN
- Total calculated
- $0
- Hours/week
- 0.25 + 1 related
-
Mr Robert M Bobby CavenderMR ROBERT M BOBBY CAVENDER
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.25 + 1 related
-
Mr Henry CisnerosMR HENRY CISNEROS
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.25 + 1 related
-
Mr John CowellMR JOHN COWELL
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.25 + 1 related
-
Mrs Barbara B DreebenMRS BARBARA B DREEBEN
TRUSTEE (THRU 5/2023)
- Total calculated
- $0
- Hours/week
- 0.25 + 1 related
-
Mr Walter EmbreyMR WALTER EMBREY
TRUSTEE (THRU 5/2023)
- Total calculated
- $0
- Hours/week
- 0.25 + 1 related
-
Dr Craig FrancesDR CRAIG FRANCES
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.25 + 1 related
-
Mrs Ashley HixonMRS ASHLEY HIXON
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.25 + 1 related
-
Mrs Abigail G KampmannMRS ABIGAIL G KAMPMANN
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.25 + 1 related
-
Mr Richard KardysMR RICHARD KARDYS
TRUSTEE (THRU 5/2023)
- Total calculated
- $0
- Hours/week
- 0.25 + 1 related
-
Mr John C KerrMR JOHN C KERR
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.25 + 1 related
-
Mr William R Bill KlesseMR WILLIAM R BILL KLESSE
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.25 + 1 related
-
Mrs Carolyn H LabattMRS CAROLYN H LABATT
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.25 + 1 related
-
Mr Mark Pitman MaysMR MARK PITMAN MAYS
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.25 + 1 related
-
Mr Joe C McKinneyMR JOE C MCKINNEY
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.25 + 1 related
-
Mr Lewis J Lew Moorman IVMR LEWIS J LEW MOORMAN IV
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.25 + 1 related
-
Dr Dacia NapierDR DACIA NAPIER
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.25 + 1 related
-
Dr George Peoples JrDR GEORGE PEOPLES JR
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.25 + 1 related
-
Mr Al RajwaniMR AL RAJWANI
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.25 + 1 related
-
Mrs Corinna RichterMRS CORINNA RICHTER
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.25 + 1 related
-
Mrs Jenna Saucedo-HerreraMRS JENNA SAUCEDO-HERRERA
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.25 + 1 related
-
Mr Lane RiggsMR LANE RIGGS
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.25 + 1 related
-
Mrs Sheryl SculleyMRS SHERYL SCULLEY
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.25 + 1 related
-
Mrs Marsha M ShieldsMRS MARSHA M SHIELDS
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.25 + 1 related
-
Mr Charles Chuck Urschel SlickMR CHARLES CHUCK URSCHEL SLICK
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.25 + 1 related
-
Mr Joe Straus IIIMR JOE STRAUS III
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.25 + 1 related
-
Mr John B ZachryMR JOHN B ZACHRY
TRUSTEE
- Total calculated
- $0
- Hours/week
- 0.25 + 1 related
-
Dr Larry SchlesingerDR LARRY SCHLESINGER
PRESIDENT & CEO
- Total calculated
- $823,494
- From this org
- $0
- From related orgs
- $758,120
- Other
- $65,374
- Hours/week
- 1 + 40 related
Schedule J breakdown matched by us
- Base
- $0 + $665,589 related
- Bonus
- $0 + $88,340 related
- Other
- $0 + $4,191 related
- Deferred
- $0 + $48,900 related
- Nontaxable benefits
- $0 + $16,474 related
- Filer's total
- $0 + $823,494 related
-
Mr Bruce EdwardsMR BRUCE EDWARDS
EXECUTIVE VICE PRESIDENT & CFO
- Total calculated
- $436,283
- From this org
- $0
- From related orgs
- $367,481
- Other
- $68,802
- Hours/week
- 1 + 40 related
Schedule J breakdown matched by us
- Base
- $0 + $347,026 related
- Bonus
- $0 + $19,213 related
- Other
- $0 + $1,242 related
- Deferred
- $0 + $45,600 related
- Nontaxable benefits
- $0 + $23,202 related
- Filer's total
- $0 + $436,283 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
- 3 · Written employment contract
- 3 · Compensation survey or study
- 3 · Approval by the board or compensation committee
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)
- PART I, LINE 3
- THE EXECUTIVE COMMITTEE SERVES AS THE ENTITY THAT REVIEWS THE COMPENSATION OF THE CEO AND EVALUATES HIS PERFORMANCE. SALARY SURVEYS ARE USED AS A BASIS OF SALARY COMPENSATION.
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
-
TEXAS BIOMEDICAL RESEARCH INSTITUTE
$1,366,886
TO SUPPORT TEXAS BIOMEDICAL'S MISSION OF IMPROVING THE HEALTH OF THE GLOBAL COMMUNITY THROUGH INNOVATIVE BIOMEDICAL RESEARCH.
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.
-
TEXAS BIOMEDICAL RESEARCH INSTITUTE
501(C)(3) · BIOMEDICAL RESEARCH · TX
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 14 November 2024
- IRS schema version
- 2023v5.1
- Source object
- 202433199349315583
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