Form990
Click to see attachment
Department of the Treasury
Internal Revenue Service
Return of Organization Exempt From Income Tax
Under section 501(c), 527, or 4947(a)(1) of the Internal Revenue Code (except private foundations)
MediumBullet Do not enter Social Security numbers on this form as it may be made public. By law, the IRS
generally cannot redact the information on the form.
MediumBullet Information about Form 990 and its instructions is at www.IRS.gov/form990.
OMB No. 1545-0047
2013
Open to Public Inspection
A For the 2013 calendar year, or tax year beginning 07-01-2013 , 2013, and ending 06-30-2014
BCheck if applicable:
CName of organization
Baylor College of Medicine
 
Doing Business As
 
 
Number and street (or P.O. box if mail is not delivered to street address)
ONE BAYLOR PLAZA NO T100
Suite
Room/suite
City or town, state or province, country, and ZIP or foreign postal code
HOUSTON, TX770303498
D Employer identification number

74-1613878
E Telephone number

G Gross receipts $ 1,651,741,355
F Name and address of principal officer:
PAUL E KLOTMAN MD
ONE BAYLOR PLAZA
HOUSTON,TX770303498
I
Tax-exempt status: (   ) LeftBullet (insert no.) or
J
Website:MediumBullet
www.bcm.edu
H(a)
Is this a group return for
subordinates?
H(b)
Are all subordinates
included?
If "No," attach a list. (see instructions)
H(c)
Group exemption number MediumBullet  
K Form of organization:
 
L Year of formation: 1900
M State of legal domicile: TX
Part I
Summary
Activities & Governance 1 Briefly describe the organization’s mission or most significant activities: BAYLOR COLLEGE OF MEDICINE IS COMMITTED TO ADVANCING HUMAN HEALTH THROUGH THE INTEGRATION OF PATIENT CARE, RESEARCH, EDUCATION, AND COMMUNITY SERVICES.
2 Check this box MediumBullet
3 Number of voting members of the governing body (Part VI, line 1a) ........ 3 46
4 Number of independent voting members of the governing body (Part VI, line 1b) ..... 4 46
5 Total number of individuals employed in calendar year 2013 (Part V, line 2a) ...... 5 11,777
6 Total number of volunteers (estimate if necessary) ............. 6 1,220
7a Total unrelated business revenue from Part VIII, column (C), line 12 ........ 7a -39,610
b Net unrelated business taxable income from Form 990-T, line 34 ......... 7b -607,701
Revenues Prior Year Current Year
8 Contributions and grants (Part VIII, line 1h) ......... 1,002,466,598 1,042,889,743
9 Program service revenue (Part VIII, line 2g) ......... 306,712,565 403,207,462
10 Investment income (Part VIII, column (A), lines 3, 4, and 7d ) .... 44,852,494 112,336,050
11 Other revenue (Part VIII, column (A), lines 5, 6d, 8c, 9c, 10c, and 11e) 23,323,228 43,475,346
12 Total revenue—add lines 8 through 11 (must equal Part VIII, column (A), line 12)................... 1,377,354,885 1,601,908,601
Expenses; 13 Grants and similar amounts paid (Part IX, column (A), lines 1–3 )... 84,192,867 89,535,430
14 Benefits paid to or for members (Part IX, column (A), line 4)..... 0 0
15 Salaries, other compensation, employee benefits (Part IX, column (A), lines 5–10) 849,352,797 925,198,134
16a Professional fundraising fees (Part IX, column (A), line 11e)..... 0 0
b Total fundraising expenses (Part IX, column (D), line 25) MediumBullet5,309,089    
17 Other expenses (Part IX, column (A), lines 11a–11d, 11f–24e).... 424,868,056 485,864,800
18 Total expenses. Add lines 13–17 (must equal Part IX, column (A), line 25) 1,358,413,720 1,500,598,364
19 Revenue less expenses. Subtract line 18 from line 12....... 18,941,165 101,310,237
Net Assets or Fund Balances; Beginning of Current Year End of Year
20 Total assets (Part X, line 16)............. 2,328,619,821 2,636,597,273
21 Total liabilities (Part X, line 26)............. 1,309,388,816 1,303,189,354
22 Net assets or fund balances. Subtract line 21 from line 20..... 1,019,231,005 1,333,407,919
Part II
Signature Block
Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than officer) is based on all information of which preparer has any knowledge.
Sign Here
JumboBullet
Signature of officer Date
JumboBullet
Type or print name and title
Paid Preparer Use Only
Print/Type preparer's name
Preparer's signature
Date
PTIN
Firm's name MediumBullet

Firm's EIN MediumBullet
Firm's address MediumBullet



Phone no.
May the IRS discuss this return with the preparer shown above? (see instructions) ............
For Paperwork Reduction Act Notice, see the separate instructions.
Cat. No. 11282Y
Form 990 (2013)
Form 990 (2013)
Page 2
Part III
Statement of Program Service Accomplishments
Check if Schedule O contains a response or note to any line in this Part III ..............
1
Briefly describe the organization’s mission: BAYLOR COLLEGE OF MEDICINE IS COMMITTED TO ADVANCING HUMAN HEALTH THROUGH THE INTEGRATION OF PATIENT CARE, RESEARCH, EDUCATION, AND COMMUNITY SERVICES.
2
Did the organization undertake any significant program services during the year which were not listed on
the prior Form 990 or 990-EZ? ......................
If "Yes," describe these new services on Schedule O.
3
Did the organization cease conducting, or make significant changes in how it conducts, any program services? ............................
If "Yes," describe these changes on Schedule O.
4
Describe the organization’s program service accomplishments for each of its three largest program services, as measured by expenses. Section 501(c)(3) and 501(c)(4) organizations are required to report the amount of grants and allocations to others, the total expenses, and revenue, if any, for each program service reported.
4a (Code:   ) (Expenses $ 748,837,014 including grants of $ 70,109,819 ) (Revenue $ 386,465,454 )
SERVICE - BCM AFFIRMS OUR COVENANT TO SERVE THE COMMUNITY. FOREMOST IS OUR COMMITMENT TO PATIENTS, BOTH IN OUR CLINICAL PRACTICE AND WITH AFFILIATED HOSPITALS. WE STRIVE TO IMPROVE PUBLIC HEALTH IN ALL OUR ENDEAVORS AND SERVE THE COMMUNITY IN ALL ASPECTS OF THIS PROCESS. BCM STUDENTS AND RESIDENTS SPEND MUCH OF THEIR EDUCATION AND TRAINING IN THE COLLEGE'S SEVEN PRIMARY CARE AFFILIATED TEACHING HOSPITALS WHERE BAYLOR FACULTY ALSO PROVIDES PATIENT CARE.
4b (Code:   ) (Expenses $ 401,388,008 including grants of $ 2,924,141 ) (Revenue $ 0 )
RESEARCH - BCM RESEARCHERS AND PHYSICIANS ARE STUDYING A VARIETY OF MEDICAL TOPICS, INCLUDING CANCER CELL FUNCTION, FERTILITY, CHILD NUTRITION, INFLUENZA, HEART AND NEUROLOGICAL DISORDERS, AND OTHER BASIC AND CLINICAL RESEARCH.
4c (Code:   ) (Expenses $ 102,564,144 including grants of $ 15,588,163 ) (Revenue $ 15,299,501 )
INSTRUCTION - BCM VALUES ACADEMIC PURSUITS AND WE COMMIT OUR EFFORTS TO THE SCHOLARLY PURSUIT OF KNOWLEDGE FOR OUR TRAINEES, OUR PATIENTS, AND OUR COMMUNITY. AS A MEDICAL SCHOOL, BCM'S PRIMARY GOAL IS TO EDUCATE MEDICAL SCHOOL STUDENTS AND TRAIN MEDICAL SCHOOL GRADUATES. BCM ALSO PLACES EMPHASIS ON THE EDUCATION OF MEDICAL RESEARCH AND ALLIED HEALTH PERSONNEL.
4d Other program services (Describe in Schedule O.)
(Expenses $ 20,351,866 including grants of $ 913,307 ) (Revenue $ 3,436,863 )
4e Total program service expensesMediumBullet1,273,141,032
Form 990 (2013)
Form 990 (2013)
Page 3
Part IV
Checklist of Required Schedules
Yes
No
1
Is the organization described in section 501(c)(3) or 4947(a)(1) (other than a private foundation)? If "Yes," complete Schedule AClick to see attachment........................
1
Yes
 
2
Is the organization required to complete Schedule B, Schedule of Contributors (see instructions)? Click to see attachment...
2
Yes
 
3
Did the organization engage in direct or indirect political campaign activities on behalf of or in opposition to candidates for public office? If "Yes," complete Schedule C, Part IClick to see attachment..........
3
 
No
4
Section 501(c)(3) organizations. Did the organization engage in lobbying activities, or have a section 501(h) election in effect during the tax year? If "Yes," complete Schedule C, Part IIClick to see attachment........
4
Yes
 
5
Is the organization a section 501(c)(4), 501(c)(5), or 501(c)(6) organization that receives membership dues, assessments, or similar amounts as defined in Revenue Procedure 98-19? If "Yes," complete Schedule C,
Part IIIClick to see attachment............................
5
 
No
6
Did the organization maintain any donor advised funds or any similar funds or accounts for which donors have the right to provide advice on the distribution or investment of amounts in such funds or accounts? If "Yes," complete Schedule D, Part IClick to see attachment........................
6
 
No
7
Did the organization receive or hold a conservation easement, including easements to preserve open space,
the environment, historic land areas, or historic structures? If "Yes," complete Schedule D, Part IIClick to see attachment...
7
 
No
8
Did the organization maintain collections of works of art, historical treasures, or other similar assets? If "Yes," complete Schedule D, Part III Click to see attachment....................
8
 
No
9
Did the organization report an amount in Part X, line 21 for escrow or custodial account liability; serve as a custodian for amounts not listed in Part X; or provide credit counseling, debt management, credit repair, or debt negotiation services? If "Yes," complete Schedule D, Part IVClick to see attachment..............
9
 
No
10
Did the organization, directly or through a related organization, hold assets in temporarily restricted endowments, permanent endowments, or quasi-endowments? If "Yes," complete Schedule D, Part VClick to see attachment......
10
Yes
 
11
If the organization’s answer to any of the following questions is "Yes," then complete Schedule D, Parts VI, VII, VIII, IX, or X as applicable.
a
Did the organization report an amount for land, buildings, and equipment in Part X, line 10?
If "Yes," complete Schedule D, Part VI.Click to see attachment...................
11a
Yes
 
b
Did the organization report an amount for investments—other securities in Part X, line 12 that is 5% or more of its total assets reported in Part X, line 16? If "Yes," complete Schedule D, Part VIIClick to see attachment.......
11b
Yes
 
c
Did the organization report an amount for investments—program related in Part X, line 13 that is 5% or more of its total assets reported in Part X, line 16? If "Yes," complete Schedule D, Part VIIIClick to see attachment.......
11c
 
No
d
Did the organization report an amount for other assets in Part X, line 15 that is 5% or more of its total assets reported in Part X, line 16? If "Yes," complete Schedule D, Part IXClick to see attachment............
11d
 
No
e
Did the organization report an amount for other liabilities in Part X, line 25? If "Yes," complete Schedule D, Part XClick to see attachment
11e
Yes
 
f
Did the organization’s separate or consolidated financial statements for the tax year include a footnote that addresses the organization’s liability for uncertain tax positions under FIN 48 (ASC 740)? If "Yes," complete Schedule D, Part XClick to see attachment.........................
11f
Yes
 
12a
Did the organization obtain separate, independent audited financial statements for the tax year?
If "Yes," complete Schedule D, Parts XI and XII Click to see attachment.................
12a
 
No
b
Was the organization included in consolidated, independent audited financial statements for the tax year? If "Yes," and if the organization answered "No" to line 12a, then completing Schedule D, Parts XI and XII is optional Click to see attachment
12b
Yes
 
13
Is the organization a school described in section 170(b)(1)(A)(ii)? If "Yes," complete Schedule EClick to see attachment....
13
Yes
 
14a
Did the organization maintain an office, employees, or agents outside of the United States?.....
14a
 
No
b
Did the organization have aggregate revenues or expenses of more than $10,000 from grantmaking, fundraising, business, investment, and program service activities outside the United States, or aggregate foreign investments valued at $100,000 or more? If "Yes," complete Schedule F, Parts I and IV......... Click to see attachment
14b
Yes
 
15
Did the organization report on Part IX, column (A), line 3, more than $5,000 of grants or other assistance to or for any foreign organization? If “Yes,” complete Schedule F, Parts II and IVClick to see attachment
15
Yes
 
16
Did the organization report on Part IX, column (A), line 3, more than $5,000 of aggregate grants or other assistance to or for foreign individuals? If “Yes,” complete Schedule F, Parts III and IV... Click to see attachment
16
 
No
17
Did the organization report a total of more than $15,000 of expenses for professional fundraising services on Part IX, column (A), lines 6 and 11e? If "Yes," complete Schedule G, Part I (see instructions).... Click to see attachment
17
 
No
18
Did the organization report more than $15,000 total of fundraising event gross income and contributions on Part VIII, lines 1c and 8a? If "Yes," complete Schedule G, Part II............ Click to see attachment
18
Yes
 
19
Did the organization report more than $15,000 of gross income from gaming activities on Part VIII, line 9a? If "Yes," complete Schedule G, Part III................... Click to see attachment
19
 
No
20a
Did the organization operate one or more hospital facilities? If "Yes," complete Schedule H....
20a
 
No
b
If "Yes" to line 20a, did the organization attach a copy of its audited financial statements to this return?
20b
 
 
Form 990 (2013)
Form 990 (2013)
Page 4
Part IV
Checklist of Required Schedules (continued)
21
Did the organization report more than $5,000 of grants or other assistance to any domestic organization or government on Part IX, column (A), line 1? If “Yes,” complete Schedule I, Parts I and II... Click to see attachment
21
 
No
22
Did the organization report more than $5,000 of grants or other assistance to individuals in the United States on Part IX, column (A), line 2? If “Yes,” complete Schedule I, Parts I and III........ Click to see attachment
22
Yes
 
23
Did the organization answer "Yes" to Part VII, Section A, line 3, 4, or 5 about compensation of the organization’s current and former officers, directors, trustees, key employees, and highest compensated employees? If "Yes," complete Schedule J....................... Click to see attachment
23
Yes
 
24a
Did the organization have a tax-exempt bond issue with an outstanding principal amount of more than $100,000 as of the last day of the year, that was issued after December 31, 2002? If “Yes,” answer lines 24b through 24d and complete Schedule K. If “No,” go to line 25a................ Click to see attachment
24a
Yes
 
b
Did the organization invest any proceeds of tax-exempt bonds beyond a temporary period exception?...
24b
 
No
c
Did the organization maintain an escrow account other than a refunding escrow at any time during the year
to defease any tax-exempt bonds?......................
24c
 
No
d
Did the organization act as an "on behalf of" issuer for bonds outstanding at any time during the year?...
24d
 
No
25a
Section 501(c)(3) and 501(c)(4) organizations. Did the organization engage in an excess benefit transaction with a disqualified person during the year? If "Yes," complete Schedule L, Part I........
25a
 
No
b
Is the organization aware that it engaged in an excess benefit transaction with a disqualified person in a prior year, and that the transaction has not been reported on any of the organization’s prior Forms 990 or 990-EZ? If "Yes," complete Schedule L, Part I...................
25b
 
No
26
Did the organization report any amount on Part X, line 5, 6, or 22 for receivables from or payables to any current or former officers, directors, trustees, key employees, highest compensated employees, or disqualified persons? If so, complete Schedule L, Part II....................
26
 
No
27
Did the organization provide a grant or other assistance to an officer, director, trustee, key employee, substantial contributor or employee thereof, a grant selection committee member, or to a 35% controlled entity or family member of any of these persons? If "Yes," complete Schedule L, Part III.........
27
 
No
28
Was the organization a party to a business transaction with one of the following parties (see Schedule L, Part IV instructions for applicable filing thresholds, conditions, and exceptions):
a
A current or former officer, director, trustee, or key employee? If "Yes," complete Schedule L, Part IV ..........................
28a
 
No
b
A family member of a current or former officer, director, trustee, or key employee? If "Yes,"
complete Schedule L, Part IV.....................
28b
 
No
c
An entity of which a current or former officer, director, trustee, or key employee (or a family member thereof) was an officer, director, trustee, or direct or indirect owner? If "Yes," complete Schedule L, Part IV...
28c
 
No
29
Did the organization receive more than $25,000 in non-cash contributions? If "Yes," complete Schedule M..Click to see attachment
29
Yes
 
30
Did the organization receive contributions of art, historical treasures, or other similar assets, or qualified conservation contributions? If "Yes," complete Schedule M............. Click to see attachment
30
 
No
31
Did the organization liquidate, terminate, or dissolve and cease operations? If "Yes," complete Schedule N,
Part I........................... Click to see attachment
31
 
No
32
Did the organization sell, exchange, dispose of, or transfer more than 25% of its net assets? If "Yes," complete Schedule N, Part II...................... Click to see attachment
32
Yes
 
33
Did the organization own 100% of an entity disregarded as separate from the organization under Regulations sections 301.7701-2 and 301.7701-3? If "Yes," complete Schedule R, Part I........ Click to see attachment
33
 
No
34
Was the organization related to any tax-exempt or taxable entity? If "Yes," complete Schedule R, Part II, III, or IV, and Part V, line 1........................ Click to see attachment
34
Yes
 
35a
Did the organization have a controlled entity within the meaning of section 512(b)(13)?
35a
Yes
 
b
If ‘Yes’ to line 35a, did the organization receive any payment from or engage in any transaction with a controlled entity within the meaning of section 512(b)(13)? If "Yes," complete Schedule R, Part V, line 2... Click to see attachment
35b
Yes
 
36
Section 501(c)(3) organizations. Did the organization make any transfers to an exempt non-charitable related organization? If "Yes," complete Schedule R, Part V, line 2.............
36
 
 
37
Did the organization conduct more than 5% of its activities through an entity that is not a related organization and that is treated as a partnership for federal income tax purposes? If "Yes," complete Schedule R, Part VIClick to see attachment
37
 
No
38
Did the organization complete Schedule O and provide explanations in Schedule O for Part VI, lines 11b and 19? Note. All Form 990 filers are required to complete Schedule O. ............
38
Yes
 
Form 990 (2013)
Form 990 (2013)
Page 5
Part V
Statements Regarding Other IRS Filings and Tax Compliance
Check if Schedule O contains a response or note to any line in this Part V ..............
Yes
No
1a
Enter the number reported in Box 3 of Form 1096 Enter -0- if not applicable ..
1a
1,477
b
Enter the number of Forms W-2G included in line 1a. Enter -0- if not applicable .
1b
0
c
Did the organization comply with backup withholding rules for reportable payments to vendors and reportable gaming (gambling) winnings to prize winners? ..................
1c
Yes
 
2a
Enter the number of employees reported on Form W-3, Transmittal of Wage and
Tax Statements, filed for the calendar year ending with or within the year covered by this return ..................
2a
11,777
b
If at least one is reported on line 2a, did the organization file all required federal employment tax returns?
Note. If the sum of lines 1a and 2a is greater than 250, you may be required to e-file (see instructions)
2b
Yes
 
3a
Did the organization have unrelated business gross income of $1,000 or more during the year?...
3a
Yes
 
b
If “Yes,” has it filed a Form 990-T for this year? If “No” to line 3b, provide an explanation in Schedule O...
3b
Yes
 
4a
At any time during the calendar year, did the organization have an interest in, or a signature or other authority over, a financial account in a foreign country (such as a bank account, securities account, or other financial account)?..........................
4a
Yes
 
b
If "Yes," enter the name of the foreign country: MediumBulletBC , CJ , LT , MI , SZ , UG , UK , CO
See instructions for filing requirements for Form TD F 90-22.1, Report of Foreign Bank and Financial Accounts.
5a
Was the organization a party to a prohibited tax shelter transaction at any time during the tax year?..
5a
 
No
b
Did any taxable party notify the organization that it was or is a party to a prohibited tax shelter transaction?
5b
 
No
c
If "Yes," to line 5a or 5b, did the organization file Form 8886-T? ............
5c
 
 
6a
Does the organization have annual gross receipts that are normally greater than $100,000, and did the organization solicit any contributions that were not tax deductible as charitable contributions?...
6a
 
No
b
If "Yes," did the organization include with every solicitation an express statement that such contributions or gifts were not tax deductible?........................
6b
 
 
7
Organizations that may receive deductible contributions under section 170(c).
a
Did the organization receive a payment in excess of $75 made partly as a contribution and partly for goods and services provided to the payor?....................
7a
Yes
 
b
If "Yes," did the organization notify the donor of the value of the goods or services provided?.....
7b
Yes
 
c
Did the organization sell, exchange, or otherwise dispose of tangible personal property for which it was required to file Form 8282?...........................
7c
 
No
d
If "Yes," indicate the number of Forms 8282 filed during the year ....
7d
 
e
Did the organization receive any funds, directly or indirectly, to pay premiums on a personal benefit contract?............................
7e
 
No
f
Did the organization, during the year, pay premiums, directly or indirectly, on a personal benefit contract?..
7f
 
No
g
If the organization received a contribution of qualified intellectual property, did the organization file Form 8899 as required?............................
7g
 
 
h
If the organization received a contribution of cars, boats, airplanes, or other vehicles, did the organization file a Form 1098-C?..........................
7h
 
 
8
Sponsoring organizations maintaining donor advised funds and section 509(a)(3) supporting organizations. Did the supporting organization, or a donor advised fund maintained by a sponsoring organization, have excess business holdings at any time during the year?............
8
 
 
9
Sponsoring organizations maintaining donor advised funds.
a
Did the organization make any taxable distributions under section 4966?..........
9a
 
 
b
Did the organization make a distribution to a donor, donor advisor, or related person?.......
9b
 
 
10
Section 501(c)(7) organizations. Enter:
a
Initiation fees and capital contributions included on Part VIII, line 12 ...
10a
 
b
Gross receipts, included on Form 990, Part VIII, line 12, for public use of club facilities
10b
 
11
Section 501(c)(12) organizations. Enter:
a
Gross income from members or shareholders .........
11a
 
b
Gross income from other sources (Do not net amounts due or paid to other sources against amounts due or received from them.) ..........
11b
 
12a
Section 4947(a)(1) non-exempt charitable trusts. Is the organization filing Form 990 in lieu of Form 1041?
12a
 
 
b
If "Yes," enter the amount of tax-exempt interest received or accrued during the year. ....................
12b
 
13
Section 501(c)(29) qualified nonprofit health insurance issuers.
a
Is the organization licensed to issue qualified health plans in more than one state?
Note. See the instructions for additional information the organization must report on Schedule O.
13a
 
 
b
Enter the amount of reserves the organization is required to maintain by the states in which the organization is licensed to issue qualified health plans ....
13b
 
c
Enter the amount of reserves on hand ............
13c
 
14a
Did the organization receive any payments for indoor tanning services during the tax year?.....
14a
 
No
b
If "Yes," has it filed a Form 720 to report these payments? If "No," provide an explanation in Schedule O..
14b
 
 
Form 990 (2013)
Form 990 (2013)
Page 6
Part VI
Governance, Management, and Disclosure For each "Yes" response to lines 2 through 7b below, and for a "No" response to lines 8a, 8b, or 10b below, describe the circumstances, processes, or changes in Schedule O. See instructions.
Check if Schedule O contains a response or note to any line in this Part VI ..............
Section A. Governing Body and Management
Yes
No
1a
Enter the number of voting members of the governing body at the end of the tax year .....................
1a
46
If there are material differences in voting rights among members of the governing body, or if the governing body delegated broad authority to an executive committee or similar committee, explain in Schedule O.
b
Enter the number of voting members included in line 1a, above, who are independent ...................
1b
46
2
Did any officer, director, trustee, or key employee have a family relationship or a business relationship with any other officer, director, trustee, or key employee? .................
2
Yes
 
3
Did the organization delegate control over management duties customarily performed by or under the direct supervision of officers, directors or trustees, or key employees to a management company or other person? .
3
 
No
4
Did the organization make any significant changes to its governing documents since the prior Form 990 was filed? ...........................
4
Yes
 
5
Did the organization become aware during the year of a significant diversion of the organization’s assets? .
5
 
No
6
Did the organization have members or stockholders? ................
6
 
No
7a
Did the organization have members, stockholders, or other persons who had the power to elect or appoint one or more members of the governing body? ....................
7a
Yes
 
b
Are any governance decisions of the organization reserved to (or subject to approval by) members, stockholders, or persons other than the governing body? ...................
7b
Yes
 
8
Did the organization contemporaneously document the meetings held or written actions undertaken during the year by the following:
a
The governing body? .........................
8a
Yes
 
b
Each committee with authority to act on behalf of the governing body? ............
8b
Yes
 
9
Is there any officer, director, trustee, or key employee listed in Part VII, Section A, who cannot be reached at the organization’s mailing address? If "Yes," provide the names and addresses in Schedule O.......
9
 
No
Section B. Policies (This Section B requests information about policies not required by the Internal Revenue Code.)
Yes
No
10a
Did the organization have local chapters, branches, or affiliates? ............
10a
 
No
b
If "Yes," did the organization have written policies and procedures governing the activities of such chapters, affiliates, and branches to ensure their operations are consistent with the organization's exempt purposes?
10b
 
 
11a
Has the organization provided a complete copy of this Form 990 to all members of its governing body before filing the form? ............................
11a
Yes
 
b
Describe in Schedule O the process, if any, used by the organization to review this Form 990. .....
12a
Did the organization have a written conflict of interest policy? If "No," go to line 13.......
12a
Yes
 
b
Were officers, directors, or trustees, and key employees required to disclose annually interests that could give rise to conflicts? ..........................
12b
Yes
 
c
Did the organization regularly and consistently monitor and enforce compliance with the policy? If "Yes," describe in Schedule O how this was done.......................
12c
Yes
 
13
Did the organization have a written whistleblower policy? ...............
13
Yes
 
14
Did the organization have a written document retention and destruction policy? .........
14
Yes
 
15
Did the process for determining compensation of the following persons include a review and approval by independent persons, comparability data, and contemporaneous substantiation of the deliberation and decision?
a
The organization’s CEO, Executive Director, or top management official ...........
15a
Yes
 
b
Other officers or key employees of the organization ................
15b
Yes
 
If "Yes" to line 15a or 15b, describe the process in Schedule O (see instructions).
16a
Did the organization invest in, contribute assets to, or participate in a joint venture or similar arrangement with a taxable entity during the year? ......................
16a
Yes
 
b
If "Yes," did the organization follow a written policy or procedure requiring the organization to evaluate its participation in joint venture arrangements under applicable federal tax law, and take steps to safeguard the organization’s exempt status with respect to such arrangements? ............
16b
Yes
 
Section C. Disclosure
17
List the States with which a copy of this Form 990 is required to be filedMediumBullet
18
Section 6104 requires an organization to make its Form 1023 (or 1024 if applicable), 990, and 990-T (501(c)(3)s only) available for public inspection. Indicate how you made these available. Check all that apply.
19
Describe in Schedule O whether (and if so, how) the organization made its governing documents, conflict of interest policy, and financial statements available to the public during the tax year.
20
State the name, physical address, and telephone number of the person who possesses the books and records of the organization:
MediumBulletKIMBERLY COTNER DAVIDONE BAYLOR PLAZA 110CHOUSTONTX77030 (713) 798-1543
Form 990 (2013)
Form 990 (2013)
Page 7
Part VII
Compensation of Officers, Directors,Trustees, Key Employees, Highest Compensated Employees, and Independent Contractors
Check if Schedule O contains a response or note to any line in this Part VII ..............
Section A. Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees
1a Complete this table for all persons required to be listed. Report compensation for the calendar year ending with or within the organization’s tax year.
RoundBullet List all of the organization’s current officers, directors, trustees (whether individuals or organizations), regardless of amount
of compensation. Enter -0- in columns (D), (E), and (F) if no compensation was paid.

RoundBullet List all of the organization’s current key employees, if any. See instructions for definition of "key employee."
RoundBullet List the organization’s five current highest compensated employees (other than an officer, director, trustee or key employee)
who received reportable compensation (Box 5 of Form W-2 and/or Box 7 of Form 1099-MISC) of more than $100,000 from the
organization and any related organizations.

RoundBullet List all of the organization’s former officers, key employees, or highest compensated employees who received more than $100,000
of reportable compensation from the organization and any related organizations.

RoundBullet List all of the organization’s former directors or trustees that received, in the capacity as a former director or trustee of the
organization, more than $10,000 of reportable compensation from the organization and any related organizations.

List persons in the following order: individual trustees or directors; institutional trustees; officers; key employees; highest
compensated employees; and former such persons.
Check this box if neither the organization nor any related organization compensated any current officer, director, or trustee.
(A)
Name and Title 		(B)
Average hours per week (list any hours for related organizations below dotted line) 		(C)
Position (do not check more than one box, unless person is both an officer and a director/trustee) 		(D)
Reportable compensation from the organization (W- 2/1099-MISC) 		(E)
Reportable compensation from related organizations (W- 2/1099-MISC) 		(F)
Estimated amount of other compensation from the organization and related organizations
Individual Trustee or Director; Institutional Trustee; OfficerInd; Key Employee; Highest compensated employee; FormerOfcrDirectorTrusteeInd;
(1) BARBARA B ALLBRITTON........................................................................
TRUSTEE
 2.0
.......................0.0 		X           0 0 0
(2) JOHN F ANDERSON MD........................................................................
TRUSTEE
 2.0
.......................0.0 		X           0 0 0
(3) DAVID C BALDWIN........................................................................
TRUSTEE
 5.0
.......................0.0 		X           0 0 0
(4) GREGORY D BRENNEMAN........................................................................
TRUSTEE
 4.0
.......................0.0 		X           0 0 0
(5) ROBERT L BREWTON........................................................................
TRUSTEE
 4.0
.......................0.0 		X           0 0 0
(6) PASTOR KH CALDWELL........................................................................
TRUSTEE
 1.5
.......................0.0 		X           0 0 0
(7) W FRED CAMERON DECEASED........................................................................
TRUSTEE
 2.0
.......................0.0 		X           0 0 0
(8) JAMES Y CHAO........................................................................
TRUSTEE
 3.0
.......................0.0 		X           0 0 0
(9) SALLY ANDERSON CLARK........................................................................
TRUSTEE
 4.0
.......................0.0 		X           0 0 0
(10) SHAUNA J CLARK........................................................................
TRUSTEE
 3.0
.......................0.0 		X           0 0 0
(11) MILANE DUNCAN-FRANTZ........................................................................
TRUSTEE
 3.0
.......................0.0 		X           0 0 0
(12) JAMES C FLORES........................................................................
TRUSTEE
 2.0
.......................0.0 		X           0 0 0
(13) JAMES T HACKETT........................................................................
TRUSTEE
 3.0
.......................0.0 		X           0 0 0
(14) GERALD W HADDOCK........................................................................
TRUSTEE
 7.0
.......................0.0 		X           0 0 0
(15) LARRY P HEARD........................................................................
TRUSTEE
 2.0
.......................0.0 		X           0 0 0
(16) PAUL W HOBBY........................................................................
TRUSTEE
 2.0
.......................0.0 		X           0 0 0
(17) NED S HOLMES........................................................................
TRUSTEE (resigned 9/5/13)
 1.5
.......................0.0 		X           0 0 0
Form 990 (2013)
Form 990 (2013)
Page 8
Part VII
Section A. Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees (continued)
(A)
Name and Title 		(B)
Average hours per week (list any hours for related organizations below dotted line) 		(C)
Position (do not check more than one box, unless person is both an officer and a director/trustee) 		(D)
Reportable compensation from the organization (W- 2/1099-MISC) 		(E)
Reportable compensation from related organizations (W- 2/1099-MISC) 		(F)
Estimated amount of other compensation from the organization and related organizations
Individual Trustee or Director; Institutional Trustee; OfficerInd; Key Employee; Highest compensated employee; FormerOfcrDirectorTrusteeInd;
(18) JOHN R HUFF........................................................................
TRUSTEE
 2.0
.......................0.0 		X           0 0 0
(19) JODIE L JILES........................................................................
TRUSTEE
 2.0
.......................0.0 		X           0 0 0
(20) ELISE ELKINS JOSEPH........................................................................
TRUSTEE
 2.0
.......................0.0 		X           0 0 0
(21) CAROLYN DINEEN KING........................................................................
TRUSTEE
 8.0
.......................0.0 		X           0 0 0
(22) HAROLD M KORELL........................................................................
TRUSTEE
 1.5
.......................0.0 		X           0 0 0
(23) C BERDON LAWRENCE........................................................................
TRUSTEE
 1.0
.......................0.0 		X           0 0 0
(24) JACK E LITTLE PHD........................................................................
TRUSTEE
 1.0
.......................1.0 		X           0 0 0
(25) FRED R LUMMIS........................................................................
TRUSTEE
 2.0
.......................1.0 		X           0 0 0
(26) JACK L MARTIN........................................................................
TRUSTEE
 1.0
.......................0.0 		X           0 0 0
(27) DRAYTON MCLANE JR........................................................................
TRUSTEE
 .5
.......................0.0 		X           0 0 0
(28) ROBERT C MCNAIR........................................................................
TRUSTEE
 2.0
.......................0.0 		X           0 0 0
(29) TRINIDAD MENDENHALL SOSA........................................................................
TRUSTEE
 .5
.......................0.0 		X           0 0 0
(30) JOHN L NAU III........................................................................
TRUSTEE
 .5
.......................0.0 		X           0 0 0
(31) THOMAS R POWERS........................................................................
TRUSTEE
 5.0
.......................0.0 		X           0 0 0
(32) HARRY M REASONER........................................................................
TRUSTEE
 5.0
.......................0.0 		X           0 0 0
(33) WILLIAM K ROBBINS JR........................................................................
TRUSTEE
 3.5
.......................0.0 		X           0 0 0
(34) CORBIN J ROBERTSON JR........................................................................
TRUSTEE
 3.0
.......................0.0 		X           0 0 0
(35) ALI A SABERIOON........................................................................
TRUSTEE
 3.0
.......................0.0 		X           0 0 0
(36) AR TONY SANCHEZ JR........................................................................
TRUSTEE
 2.0
.......................0.0 		X           0 0 0
(37) MARC J SHAPIRO........................................................................
TRUSTEE
 15.0
.......................0.0 		X           0 0 0
(38) GLENN R SMITH........................................................................
TRUSTEE
 1.0
.......................0.0 		X           0 0 0
(39) LESTER H SMITH........................................................................
TRUSTEE
 1.0
.......................0.0 		X           0 0 0
(40) KENNETH W STARR........................................................................
TRUSTEE
 5.0
.......................0.0 		X           0 0 0
(41) H BEN TAUB DECEASED........................................................................
TRUSTEE
 2.0
.......................1.0 		X           0 0 0
(42) ROBERT J UNDERBRINK........................................................................
TRUSTEE
 1.5
.......................0.0 		X           0 0 0
(43) CHUCK WATSON........................................................................
TRUSTEE
 5.0
.......................0.0 		X           0 0 0
(44) MARK W WHITE........................................................................
TRUSTEE
 3.0
.......................0.0 		X           0 0 0
(45) CHARLES A WILLIAMS........................................................................
TRUSTEE
 1.0
.......................0.0 		X           0 0 0
(46) T CLIFFORD DEVENY MD........................................................................
TRUSTEE (effective 1/28/14)
 2.0
.......................0.0 		X           0 0 0
(47) MELANIE GRAY........................................................................
TRUSTEE (elected 5/19/14)
 2.0
.......................0.0 		X           0 0 0
(48) MARK A MCCOLLUM........................................................................
TRUSTEE (effective 1/28/14)
 2.0
.......................0.0 		X           0 0 0
(49) LEONARD C TALLERINE JR........................................................................
TRUSTEE (effective 1/28/14)
 2.0
.......................0.0 		X           0 0 0
(50) KIMBERLY COTNER DAVID........................................................................
SR.VP & CFO
 50.0
.......................1.0 		    X       539,250 0 25,115
(51) ADAM KUSPA........................................................................
VICE PRESIDENT
 50.0
.......................1.0 		    X       459,817 0 25,115
(52) STEPHEN SIGWORTH........................................................................
VICE PRESIDENT
 50.0
.......................0.0 		    X       502,479 0 25,115
(53) PAUL KLOTMAN........................................................................
PRESIDENT & CEO
 50.0
.......................0.0 		    X       1,514,218 0 25,115
(54) ROBERT F CORRIGAN JR........................................................................
SR VP & GENER
 50.0
.......................1.0 		    X       467,182 0 25,115
(55) LORIE TABAK........................................................................
CHIEF OF STAFF
 50.0
.......................0.0 		    X       431,445 0 25,115
(56) WILLIAM D WALKER........................................................................
VP - INVESTMENT
 50.0
.......................1.0 		    X       771,976 0 25,115
(57) S GREENBERG........................................................................
VICE PRESIDENT (term 7/1/2014)
 50.0
.......................0.0 		    X       599,095 0 25,115
(58) ALICIA MONROE MD........................................................................
Provost/SVP Acd (BEGIN 2/4/14)
 50.0
.......................0.0 		    X       0 0 0
(59) JD HOLCOMB........................................................................
VICE PRESIDENT
 50.0
.......................0.0 		      X     232,819 0 22,840
(60) ALEXANDER IZAGUIRRE........................................................................
VP-INFO TECHNOLOGY
 50.0
.......................0.0 		      X     380,311 0 25,076
(61) RANDALL LEE LANGENDERFER........................................................................
vp AUDIT SERVICES
 50.0
.......................0.0 		      X     304,608 0 24,310
(62) HIRAM F GILBERT........................................................................
SR VICE PRES (term 7/1/2014)
 50.0
.......................0.0 		      X     285,078 0 25,115
(63) DERRICK E PARKER........................................................................
VP BUSINESS DEVELOPMENT
 50.0
.......................0.0 		      X     350,608 0 25,115
(64) JULIE B NICKELL........................................................................
VP FINANCE AND PLANNING
 50.0
.......................0.0 		      X     305,103 0 25,090
(65) KRISTI COOPER........................................................................
VP DEVELOPMENT
 50.0
.......................0.0 		      X     349,338 0 25,115
(66) ROCK D MORILLE........................................................................
VP FACILITIES
 50.0
.......................0.0 		      X     263,702 0 23,815
(67) CLAIRE M BASSETT........................................................................
VP PUBLIC AFFAIRS
 50.0
.......................0.0 		      X     272,413 0 24,530
(68) DAVID H BERGER........................................................................
VP MCNAIR FACILITY
 50.0
.......................0.0 		      X     451,671 0 25,115
(69) DANE K FRIEND........................................................................
VP HUMAN RESOURCES
 50.0
.......................0.0 		      X     309,626 0 25,115
(70) THOMAS MICHAEL WHEELER........................................................................
CHAIRMAN PATHOLOGY
 50.0
.......................0.0 		      X     944,516 0 25,115
(71) MICHAEL A BELFORT........................................................................
CHAIRMAN OB GYN
 50.0
.......................0.0 		      X     896,657 0 25,115
(72) MICHAEL COBURN........................................................................
CHAIRMAN UROLOGY
 50.0
.......................0.0 		      X     780,994 0 25,115
(73) MARK W KLINE........................................................................
CHAIRMAN PEDIATRICS
 50.0
.......................1.0 		      X     711,558 0 25,115
(74) THOMAS R HUNT III........................................................................
ORTHOPEDIC SURGERY
 50.0
.......................0.0 		      X     1,077,196 0 25,115
(75) TODD ROSENGART........................................................................
CHAIRMAN OF SURGERY
 50.0
.......................0.0 		      X     1,266,749 0 25,115
(76) TOM KLEINWORTH........................................................................
VP GOV REL
 50.0
.......................0.0 		      X     390,862 0 25,115
(77) WAYNE E KEATHLEY........................................................................
PRESIDENT - BCMMC(term 2/8/14)
 50.0
.......................0.0 		      X     1,287,160 0 23,855
(78) JOSEPH COSELLI........................................................................
PROFESSOR
 50.0
.......................0.0 		        X   1,998,449 0 25,115
(79) CHARLES FRASER........................................................................
PROFESSOR
 50.0
.......................0.0 		        X   1,988,718 0 25,115
(80) LARRY LIPSHULTZ........................................................................
PROFESSOR
 50.0
.......................0.0 		        X   888,940 0 25,115
(81) JOHN A GOSS........................................................................
PROFESSOR
 50.0
.......................0.0 		        X   1,130,606 0 25,115
(82) JEFFERY STEPHEN HEINLE........................................................................
PROFESSOR
 50.0
.......................0.0 		        X   844,026 0 25,115
(83) PETER J HOTEZ MD PHD........................................................................
FORMER DEAN-SCHOOL ALLIED HLTH
 0.0
.......................0.0 		          X 535,836 0 25,115
(84) PETER TRABER........................................................................
FORMER PRES EMERITUS
 0.0
.......................0.0 		          X 457,692 0 0
(85) MAYA SURESH........................................................................
Former Chairman Anestesiology
 0.0
.......................0.0 		          X 654,441 0 25,115
(86) DAVID WESSON........................................................................
FORMER CHAIRMAN SURGERY
 0.0
.......................0.0 		          X 719,726 0 25,115
1b Sub-Total................MediumBullet
c Total from continuation sheets to Part VII, Section A....MediumBullet
d Total (add lines 1b and 1c)............MediumBullet 25,364,865 0 872,736
2
Total number of individuals (including but not limited to those listed above) who received more than $100,000 of reportable compensation from the organizationMediumBullet1,835
Yes
No
3
Did the organization list any former officer, director or trustee, key employee, or highest compensated employee on line 1a? If "Yes," complete Schedule J for such individual ..............
3
Yes
 
4
For any individual listed on line 1a, is the sum of reportable compensation and other compensation from the organization and related organizations greater than $150,000? If "Yes," complete Schedule J for such individual...........................
4
Yes
 
5
Did any person listed on line 1a receive or accrue compensation from any unrelated organization or individual for services rendered to the organization? If "Yes," complete Schedule J for such person ........
5
 
No
Section B. Independent Contractors
1
Complete this table for your five highest compensated independent contractors that received more than $100,000 of compensation from the organization. Report compensation for the calendar year ending with or within the organization’s tax year.
(A)
Name and business address 		(B)
Description of services 		(C)
Compensation
LINBECK GROUP LLC, 3900 ESSEX LANE SUITE 1200HOUSTONTX77027 CONSTRUCTION 32,263,971
PRICEWATERHOUSECOOPERS LLP, PO BOX 326BOSTONMA02241 AUDITING 14,089,395
HEALIX INFUSION THERAPHY, 14140 SOUTHWEST FREEWAY 400SUGARLANDTX77478 MEDICAL/HEALTH 6,200,181
WS BELLOWS CONSTRUCTION, 1018 ST AGNESHOUSTONTX77030 CONSTRUCTION 2,455,452
FULBRIGHT JAWORSKI LLP, 1301 MCKINNEY SUITE 5100HOUSTONTX77010 LEGAL SERVICES 1,180,757
2
Total number of independent contractors (including but not limited to those listed above) who received more than $100,000 of compensation from the organization MediumBullet74
Form 990 (2013)
Form 990 (2013)
Page 9
Part VIII
Statement of Revenue
Check if Schedule O contains a response or note to any line in this Part VIII .............
(A)
Total revenue 		(B)
Related or
exempt
function
revenue 		(C)
Unrelated
business
revenue 		(D)
Revenue
excluded from
tax under sections
512-514
Contributions, Gifts, GrantAmt and OtherAmt Similar Amounts 1a Federated campaigns..1a  
b Membership dues....1b  
c Fundraising events....1c 560,190
d Related organizations...1d 281,890
e Government grants (contributions)1e 495,754,735
f All other contributions, gifts, grants, and
similar amounts not included above1f 		546,292,928
g Noncash contributions included in lines
1a-1f:$ 		15,213,839
h Total. Add lines 1a-1f.......MediumBullet 1,042,889,743
Program Service RevenueAmt Business Code
2a EDUCATIONAL PROGRAMS 621110 374,478,417 374,404,895 73,522  
b TUITION AND FEES 611600 15,299,501 15,299,501    
c ST. LUKE'S BCM MEDICAL CTR JV INCOME 900099 11,987,037 11,987,037    
d OTHER PROGRAM SERVICES 621110 1,130,125 1,130,125    
e INTEREST: STUDENT LOAN 525990 312,382 312,382    
f All other program service revenue .        
g Total. Add lines 2a–2f........MediumBullet 403,207,462
OtherAmt RevenueAmt 3 Investment income (including dividends, interest, and other similar amounts).......MediumBullet 26,975,391   5,407 26,969,984
4 Income from investment of tax-exempt bond proceeds..MediumBullet 0      
5 Royalties...........MediumBullet 10,665,472     10,665,472
(i) Real (ii) Personal
6a Gross rents 120,244  
b Less: rental expenses    
c Rental income or (loss) 120,244 0
d Net rental income or (loss).......MediumBullet 120,244   1,431 118,813
(i) Securities (ii) Other
7a Gross amount from sales of assets other than inventory 114,248,569 20,752,124
b Less: cost or other basis and sales expenses 49,640,034  
c Gain or (loss) 64,608,535 20,752,124
d Net gain or (loss)..........MediumBullet 85,360,659   38,778 85,321,881
8a Gross income from fundraising events (not including
$ 560,190
of contributions reported on line 1c). See Part IV, line 18 ..
a 100,760
b Less: direct expenses ...b 191,158
c Net income or (loss) from fundraising events..MediumBullet -90,398   -90,398
9a Gross income from gaming activities.
See Part IV, line 19 ...
a  
b Less: direct expenses ...b  
c Net income or (loss) from gaming activities...MediumBullet 0      
10a Gross sales of inventory, less
returns and allowances .
a 19,399
b Less: cost of goods sold ..b 1,562
c Net income or (loss) from sales of inventory..MediumBullet 17,837     17,837
Miscellaneous Revenue Business Code
11a SETTLEMENT PROCEEDS 900099 25,415,359     25,415,359
b EMPLOYEE PARKING 531120 4,556,433     4,556,433
c EXPERT WITNESS FEES 541900 1,994,356 1,994,356    
d All other revenue .... 796,043   -158,748 954,791
e Total. Add lines 11a–11d ...... MediumBullet 32,762,191
12 Total revenue. See Instructions......MediumBullet 1,601,908,601 405,128,296 -39,610 153,930,172
Form 990 (2013)
Form 990 (2013)
Page 10
Part IX
Statement of Functional Expenses
Section 501(c)(3) and 501(c)(4) organizations must complete all columns. All other organizations must complete column (A).Check if Schedule O contains a response or note to any line in this Part IX ...............
Do not include amounts reported on lines 6b,
7b, 8b, 9b, and 10b of Part VIII. 		(A)
Total expenses 		(B)
Program service expenses 		(C)
Management and general expenses 		(D)
Fundraising expenses
1 Grants and other assistance to governments and organizations in the United States. See Part IV, line 21 0  
2 Grants and other assistance to individuals in the United States. See Part IV, line 22 83,693,713 83,693,713
3 Grants and other assistance to governments, organizations, and individuals outside the United States. See Part IV, lines 15 and 16 5,841,717 5,841,717
4 Benefits paid to or for members 0  
5 Compensation of current officers, directors, trustees, and key employees .... 16,036,031 6,385,526 9,257,816 392,689
6 Compensation not included above, to disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B) .... 50,320   50,320  
7 Other salaries and wages 762,464,472 698,998,423 59,890,690 3,575,359
8 Pension plan accruals and contributions (include section 401(k) and 403(b) employer contributions) .... 36,772,500 34,284,221 2,444,868 43,411
9 Other employee benefits ....... 68,646,971 64,001,848 4,564,084 81,039
10 Payroll taxes ........... 41,227,840 38,438,082 2,741,087 48,671
11 Fees for services (non-employees):        
a Management ...... 0      
b Legal ......... 4,963,954 133,561 4,830,393  
c Accounting ........... 842,985 482,790 360,195  
d Lobbying ........... 0      
e Professional fundraising services. See Part IV, line 17 0  
f Investment management fees ...... 9,277,083 3,415,393 5,835,408 26,282
g Other (If line 11g amount exceeds 10% of line 25, column (A) amount, list line 11g expenses on Schedule O) ........ 198,112,201 153,093,215 44,620,457 398,529
12 Advertising and promotion .... 2,192,119 27,961 2,164,158  
13 Office expenses ....... 10,430,449 7,015,065 3,270,560 144,824
14 Information technology ...... 8,117,914 5,150,843 2,956,581 10,490
15 Royalties .. 0      
16 Occupancy ........... 25,442,026 11,131,084 14,310,942  
17 Travel ............ 9,134,223 8,465,904 631,300 37,019
18 Payments of travel or entertainment expenses for any federal, state, or local public officials ...... 0      
19 Conferences, conventions, and meetings .... 2,530,085 2,327,247 173,632 29,206
20 Interest ........... 32,078,564 2,808,453 29,270,111  
21 Payments to affiliates ....... 0      
22 Depreciation, depletion, and amortization ..... 60,437,593 55,000,643 5,251,964 184,986
23 Insurance .............. 25,675,286 2,572,469 23,102,342 475
24 Other expenses. Itemize expenses not covered above (List miscellaneous expenses in line 24e. If line 24e amount exceeds 10% of line 25, column (A) amount, list line 24e expenses on Schedule O.)
a SUPPLIES & OTHER 83,603,888 93,865,963 -10,377,128 115,053
b EMPLOYEE RECRUITING COSTS 6,509,332 4,176,564 2,233,558 99,210
c DUES/MEMBERSHIP 3,496,095 2,831,265 620,783 44,047
d BAD DEBT EXPENSE 1,190,459   1,190,459  
e All other expenses 1,830,544 -11,000,918 12,753,663 77,799
25 Total functional expenses. Add lines 1 through 24e 1,500,598,364 1,273,141,032 222,148,243 5,309,089
26 Joint costs. Complete this line only if the organization reported in column (B) joint costs from a combined educational campaign and fundraising solicitation. Check here MediumBullet if following SOP 98-2 (ASC 958-720).        
Form 990 (2013)
Form 990 (2013)
Page 11
Part X Balance Sheet Check if Schedule O contains a response or note to any line in this Part X ..............
(A)
Beginning of year 		(B)
End of year
Assets 1 Cash–non-interest-bearing ............. 109,057,817 1 26,588,065
2 Savings and temporary cash investments ......... 111,549,468 2 106,210,960
3 Pledges and grants receivable, net ........... 156,606,668 3 164,680,665
4 Accounts receivable, net ............. 476,918,457 4 510,637,673
5 Loans and other receivables from current and former officers, directors, trustees, key employees, and highest compensated employees. Complete Part II of
Schedule L ..................
0 5 0
6 Loans and other receivables from other disqualified persons (as defined under section 4958(f)(1)), persons described in section 4958(c)(3)(B), and contributing employers and sponsoring organizations of section 501(c)(9) voluntary employees' beneficiary organizations (see instructions) Complete Part II of Schedule L
0 6 0
7 Notes and loans receivable, net ............. 0 7 0
8 Inventories for sale or use .............. 4,177,237 8 4,212,232
9 Prepaid expenses and deferred charges .......... 10,121,661 9 11,856,400
10a Land, buildings, and equipment: cost or other basis. Complete Part VI of Schedule D 10a 1,136,829,463
b Less: accumulated depreciation ..... 10b 704,422,823 569,819,016 10c 432,406,640
11 Investments—publicly traded securities .......... 479,855,998 11 539,047,187
12 Investments—other securities. See Part IV, line 11 ..... 385,471,165 12 815,228,568
13 Investments—program-related. See Part IV, line 11 ..... 18,768,107 13 18,864,786
14 Intangible assets ............... 0 14 0
15 Other assets. See Part IV, line 11 ........... 6,274,227 15 6,864,097
16 Total assets. Add lines 1 through 15 (must equal line 34)...... 2,328,619,821 16 2,636,597,273
Liabilities 17 Accounts payable and accrued expenses ......... 579,764,669 17 539,510,412
18 Grants payable ................. 71,903,609 18 90,035,032
19 Deferred revenue ................ 6,009,820 19 6,041,136
20 Tax-exempt bond liabilities ............. 534,743,410 20 526,926,692
21 Escrow or custodial account liability. Complete Part IV of Schedule D.. 0 21 0
22 Loans and other payables to current and former officers, directors, trustees, key employees, highest compensated employees, and disqualified
persons. Complete Part II of Schedule L.......... 0 22 0
23 Secured mortgages and notes payable to unrelated third parties .. 5,946,990 23 29,938,507
24 Unsecured notes and loans payable to unrelated third parties .... 0 24 0
25 Other liabilities (including federal income tax, payables to related third parties, and other liabilities not included on lines 17-24). Complete Part X of Schedule D.................... 111,020,318 25 110,737,575
26 Total liabilities. Add lines 17 through 25......... 1,309,388,816 26 1,303,189,354
Net Assets or Fund Balance Organizations that follow SFAS 117 (ASC 958), check here MediumBullet and complete lines 27 through 29, and lines 33 and 34.
27 Unrestricted net assets .............. 174,980,680 27 414,693,841
28 Temporarily restricted net assets ........... 459,128,790 28 513,399,942
29 Permanently restricted net assets ........... 385,121,535 29 405,314,136
Organizations that do not follow SFAS 117 (ASC 958), check here MediumBullet and complete lines 30 through 34.
30 Capital stock or trust principal, or current funds ........   30  
31 Paid-in or capital surplus, or land, building or equipment fund .....   31  
32 Retained earnings, endowment, accumulated income, or other funds   32  
33 Total net assets or fund balances ........... 1,019,231,005 33 1,333,407,919
34 Total liabilities and net assets/fund balances ........ 2,328,619,821 34 2,636,597,273
Form 990 (2013)
Form 990 (2013)
Page 12
Part XI
Reconcilliation of Net Assets
Check if Schedule O contains a response or note to any line in this Part XI ..............
1
Total revenue (must equal Part VIII, column (A), line 12) ............
1
1,601,908,601
2
Total expenses (must equal Part IX, column (A), line 25) ............
2
1,500,598,364
3
Revenue less expenses. Subtract line 2 from line 1 ..............
3
101,310,237
4
Net assets or fund balances at beginning of year (must equal Part X, line 33, column (A)) ..
4
1,019,231,005
5
Net unrealized gains (losses) on investments ...............
5
71,713,390
6
Donated services and use of facilities .................
6
 
7
Investment expenses .....................
7
 
8
Prior period adjustments .....................
8
 
9
Other changes in net assets or fund balances (explain in Schedule O) ........
9
141,153,287
10
Net assets or fund balances at end of year. Combine lines 3 through 9 (must equal Part X, line 33, column (B))
10
1,333,407,919
Part XII
Financial Statements and Reporting
Check if Schedule O contains a response or note to any line in this Part XII .............
Yes
No
1
Accounting method used to prepare the Form 990:  
If the organization changed its method of accounting from a prior year or checked "Other," explain in
Schedule O.
2a
Were the organization’s financial statements compiled or reviewed by an independent accountant?
2a
 
No
If ‘Yes,’ check a box below to indicate whether the financial statements for the year were compiled or reviewed on a separate basis, consolidated basis, or both:
b
Were the organization’s financial statements audited by an independent accountant?
2b
Yes
 
If ‘Yes,’ check a box below to indicate whether the financial statements for the year were audited on a separate basis, consolidated basis, or both:
c
If "Yes," to line 2a or 2b, does the organization have a committee that assumes responsibility for oversight of the audit, review, or compilation of its financial statements and selection of an independent accountant?
2c
Yes
 
If the organization changed either its oversight process or selection process during the tax year, explain in Schedule O.
3a
As a result of a federal award, was the organization required to undergo an audit or audits as set forth in the Single Audit Act and OMB Circular A-133?
3a
Yes
 
b
If "Yes," did the organization undergo the required audit or audits? If the organization did not undergo the required audit or audits, explain why in Schedule O and describe any steps taken to undergo such audits.
3b
Yes
 
Form 990 (2013)
Form 990, Special Condition Description:
Special Condition Description
Additional Data


Software ID:  
Software Version:  
SCHEDULE A
(Form 990 or 990EZ)

Department of the Treasury
Internal Revenue Service
Public Charity Status and Public Support
Complete if the organization is a section 501(c)(3) organization or a section 4947(a)(1) nonexempt charitable trust.
right arrow Attach to Form 990 or Form 990-EZ. right arrow See separate instructions.
right arrow Information about Schedule A (Form 990 or 990-EZ) and its instructions is at www.irs.gov/form990.
OMB No. 1545-0047
2013
Open to Public
Inspection
Name of the organization
Baylor College of Medicine
 
Employer identification number

74-1613878
Part I
Reason for Public Charity Status (All organizations must complete this part.) See instructions.
The organization is not a private foundation because it is: (For lines 1 through 11, check only one box.)
1
2
3
4
5
section 170(b)(1)(A)(iv). (Complete Part II.)
6
7
8
9
receipts from activities related to its exempt functions—subject to certain exceptions, and (2) no more than 331/3% of
its support from gross investment income and unrelated business taxable income (less section 511 tax) from businesses
acquired by the organization after June 30, 1975. See section 509(a)(2). (Complete Part III.)
10
11
e
f
g
(i) A person who directly or indirectly controls, either alone or together with persons described in (ii)
Yes
No
and (iii) below, the governing body of the supported organization? ................
11g(i)
 
 
(ii) A family member of a person described in (i) above? ......................
11g(ii)
 
 
(iii) A 35% controlled entity of a person described in (i) or (ii) above? ................
11g(iii)
 
 
h
Provide the following information about the supported organization(s).
(i) Name of supported organization (ii) EIN (iii) Type of organization (described on lines 1- 9 above or IRC section (see instructions)) (iv) Is the organization in col. (i) listed in your governing document? (v) Did you notify the organization in col. (i) of your support? (vi) Is the organization in col. (i) organized in the U.S.? (vii) Amount of monetary support
Yes No Yes No Yes No
Total  

For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990EZ.
Cat. No. 11285F
Schedule A (Form 990 or 990-EZ) 2013
Schedule A (Form 990 or 990-EZ) 2013
Page 2
Part II
Support Schedule for Organizations Described in Sections 170(b)(1)(A)(iv) and 170(b)(1)(A)(vi)
(Complete only if you checked the box on line 5, 7, or 8 of Part I or if the organization failed to qualify under Part III. If the organization fails to qualify under the tests listed below, please complete Part III.)
Section A. Public Support
Calendar year (or fiscal year beginning in) right arrow (a) 2009 (b) 2010 (c) 2011 (d) 2012 (e) 2013 (f) Total
1 Gifts, grants, contributions, and membership fees received. (Do not include any "unusual grants.") ....            
2 Tax revenues levied for the organization's benefit and either paid to or expended on its behalf.......            
3 The value of services or facilities furnished by a governmental unit to the organization without charge..            
4 Total. Add lines 1 through 3            
5 The portion of total contributions by each person (other than a governmental unit or publicly supported organization) included on line 1 that exceeds 2% of the amount shown on line 11, column (f)..  
6 Public support. Subtract line 5 from line 4.  
Section B. Total Support
Calendar year (or fiscal year beginning in) right arrow (a) 2009 (b) 2010 (c) 2011 (d) 2012 (e) 2013 (f) Total
7 Amounts from line 4..            
8 Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources...            
9 Net income from unrelated business activities, whether or not the business is regularly carried on..            
10 Other income. Do not include gain or loss from the sale of capital assets (Explain in Part IV.)..            
11 Total support (Add lines 7 through 10).  
12
12
 
13
First five years. If the Form 990 is for the organization's first, second, third, fourth, or fifth tax year as a 501(c)(3) organization, check this box and stop here.................................................right arrow
Section C. Computation of Public Support Percentage
14
14
 
15
15
 
16a
b
17a
b
18
Private foundation. If the organization did not check a box on line 13, 16a, 16b, 17a, or 17b, check this box and see
instructions ..................................................... right arrow
Schedule A (Form 990 or 990-EZ) 2013
Schedule A (Form 990 or 990-EZ) 2013
Page 3
Part III
Support Schedule for Organizations Described in Section 509(a)(2)
(Complete only if you checked the box on line 9 of Part I or if the organization failed to qualify under Part II. If the organization fails to qualify under the tests listed below, please complete Part II.)
Section A. Public Support
Calendar year (or fiscal year beginning in) right arrow (a) 2009 (b) 2010 (c) 2011 (d) 2012 (e) 2013 (f) Total
1 Gifts, grants, contributions, and membership fees received. (Do not include any "unusual grants.") .            
2 Gross receipts from admissions, merchandise sold or services performed, or facilities furnished in any activity that is related to the organization's tax-exempt purpose......            
3 Gross receipts from activities that are not an unrelated trade or business under section 513..            
4 Tax revenues levied for the organization's benefit and either paid to or expended on its behalf...            
5 The value of services or facilities furnished by a governmental unit to the organization without charge..            
6 Total. Add lines 1 through 5.            
7a Amounts included on lines 1, 2, and 3 received from disqualified persons...            
b Amounts included on lines 2 and 3 received from other than disqualified persons that exceed the greater of $5,000 or 1% of the amount on line 13 for the year.            
c Add lines 7a and 7b..            
8 Public support (Subtract line 7c from line 6.)  
Section B. Total Support
Calendar year (or fiscal year beginning in) right arrow (a) 2009 (b) 2010 (c) 2011 (d) 2012 (e) 2013 (f) Total
9 Amounts from line 6...            
10a Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources..            
b Unrelated business taxable income (less section 511 taxes) from businesses acquired after June 30, 1975.            
c Add lines 10a and 10b.            
11 Net income from unrelated business activities not included in line 10b, whether or not the business is regularly carried on.            
12 Other income. Do not include gain or loss from the sale of capital assets (Explain in Part IV.) ..            
13 Total support. (Add lines 9, 10c, 11, and 12.)..            
14
Section C. Computation of Public Support Percentage
15
15
 
16
16
 
Section D. Computation of Investment Income Percentage
17
17
 
18
18
 
19a
b
20
Schedule A (Form 990 or 990-EZ) 2013
Schedule A (Form 990 or 990-EZ) 2013
Page 4
Part IV
Supplemental Information. Provide the explanations required by Part II, line 10; Part II, line 17a or 17b; and Part III, line 12. Also complete this part for any additional information. (See instructions).
Facts And Circumstances Test
 
Explanation
 
 
 
 
Schedule A (Form 990 or 990-EZ) 2013

Additional Data


Software ID:  
Software Version:  
Schedule B
(Form 990, 990-EZ,
or 990-PF)
Department of the Treasury
Internal Revenue Service
Schedule of Contributors
Arrow Bullet Attach to Form 990, 990-EZ, or 990-PF.
Arrow Bullet Information about Schedule B (Form 990, 990-EZ, or 990-PF) and its instructions is at www.irs.gov/form990.
OMB No. 1545-0047
2013
Name of the organization
Baylor College of Medicine
 
Employer identification number

74-1613878
Organization type (check one):
Filers of:
Section:
Form 990 or 990-EZ





Form 990-PF




Check if your organization is covered by the General Rule or a Special Rule.  
Note. Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
General Rule
Special Rules
......................... Arrow Bullet $  
Caution. An organization that is not covered by the General Rule and/or the Special Rules does not file Schedule B (Form 990,
990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its
Form 990-EZ or on its Form 990PF, Part I, line 2, to certify that it does not meet the filing requirements of Schedule B (Form 990,
990-EZ, or 990-PF).
For Paperwork Reduction Act Notice, see the Instructions
for Form 990, 990-EZ, or 990-PF.
Cat. No. 30613XSchedule B (Form 990, 990-EZ, or 990-PF) (2013)

Schedule B (Form 990, 990-EZ, or 990-PF) (2013)
Page 2
Name of organization
Baylor College of Medicine
  		Employer identification number

74-1613878
Part I
Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
RESTRICTED
RESTRICTED
 

   
RESTRICTED
RESTRICTED
RESTRICTED, RESTRICTEDRESTRICTED

$RESTRICTED


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 

   
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 

   
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 

   
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 

   
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 

   
 
 

$  


(Complete Part II for noncash contributions.)
Schedule B (Form 990, 990-EZ, or 990-PF) (2013)

Schedule B (Form 990, 990-EZ, or 990-PF) (2013)
Page 3
Name of organization
Baylor College of Medicine
  		Employer identification number

74-1613878
Part II
Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
(a) No.
from
Part I		 (b)
Description of noncash property given		 (c)
FMV (or estimate)
(see instructions) 		(d)
Date received
 
$    
(a) No.
from
Part I		 (b)
Description of noncash property given		 (c)
FMV (or estimate)
(see instructions) 		(d)
Date received
 
$    
(a) No.
from
Part I		 (b)
Description of noncash property given		 (c)
FMV (or estimate)
(see instructions) 		(d)
Date received
 
$    
(a) No.
from
Part I		 (b)
Description of noncash property given		 (c)
FMV (or estimate)
(see instructions) 		(d)
Date received
 
$    
(a) No.
from
Part I		 (b)
Description of noncash property given		 (c)
FMV (or estimate)
(see instructions) 		(d)
Date received
 
$    
(a) No.
from
Part I		 (b)
Description of noncash property given		 (c)
FMV (or estimate)
(see instructions) 		(d)
Date received
 
$    
Schedule B (Form 990, 990-EZ, or 990-PF) (2013)

Schedule B (Form 990, 990-EZ, or 990-PF) (2013)
Page 4
Name of organization
Baylor College of Medicine
  		Employer identification number

74-1613878
Part III
Exclusively religious, charitable, etc., individual contributions to section 501(c)(7), (8), or (10) organizations
that total more than $1,000 for the year. Complete columns (a) through (e) and the following line entry.
For organizations completing Part III, enter the total of exclusively religious, charitable, etc.,
contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet$  
Use duplicate copies of Part III if additional space is needed.
(a) No.
from
Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a) No.
from
Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a) No.
from
Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a) No.
from
Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
Schedule B (Form 990, 990-EZ, or 990-PF) (2013)

Additional Data


Software ID:  
Software Version:  
SCHEDULE C
(Form 990 or 990-EZ)

Department of the Treasury
Internal Revenue Service
Political Campaign and Lobbying Activities

For Organizations Exempt From Income Tax Under section 501(c) and section 527
SchCMd Bullet Complete if the organization is described below.SchCMd Bullet Attach to Form 990 or Form 990-EZ.
SchCMd Bullet See separate instructions.SchCMd Bullet Information about Schedule C (Form 990 or 990-EZ) and its instructions is at www.irs.gov/form990.
OMB No. 1545-0047
2013
Open to Public
Inspection
If the organization answered "Yes" to Form 990, Part IV, Line 3, or Form 990-EZ, Part V, line 46 (Political Campaign Activities), then
Round Bullet Section 501(c)(3) organizations: Complete Parts I-A and B. Do not complete Part I-C.
Round Bullet Section 501(c) (other than section 501(c)(3)) organizations: Complete Parts I-A and C below. Do not complete Part I-B.
Round Bullet Section 527 organizations: Complete Part I-A only.
If the organization answered "Yes" to Form 990, Part IV, Line 4, or Form 990-EZ, Part VI, line 47 (Lobbying Activities), then
Round Bullet Section 501(c)(3) organizations that have filed Form 5768 (election under section 501(h)): Complete Part II-A. Do not complete Part II-B.
Round Bullet Section 501(c)(3) organizations that have NOT filed Form 5768 (election under section 501(h)): Complete Part II-B. Do not complete Part II-A.
If the organization answered "Yes" to Form 990, Part IV, Line 5 (Proxy Tax) or Form 990-EZ, Part V, line 35c (Proxy Tax), then
Round Bullet Section 501(c)(4), (5), or (6) organizations: Complete Part III.
Name of the organization
Baylor College of Medicine
 
Employer identification number

74-1613878
Part I-A
Complete if the organization is exempt under section 501(c) or is a section 527 organization.

1
Provide a description of the organization’s direct and indirect political campaign activities in Part IV.
2
Political expenditures ....................................SchCMd Bullet
$  
3
Volunteer hours ........................................
 

Part I-B
Complete if the organization is exempt under section 501(c)(3).
1
Enter the amount of any excise tax incurred by the organization under section 4955 .........SchCMd Bullet
$  
2
Enter the amount of any excise tax incurred by organization managers under section 4955 ......SchCMd Bullet
$  
3
If the organization incurred a section 4955 tax, did it file Form 4720 for this year? ..............
4a
Was a correction made? .........................................
b
If "Yes," describe in Part IV.
Part I-C
Complete if the organization is exempt under section 501(c), except section 501(c)(3).
1
Enter the amount directly expended by the filing organization for section 527 exempt function activities SchCMd Bullet
$  
2
Enter the amount of the filing organization's funds contributed to other organizations for section 527 exempt function activities ...................................SchCMd Bullet

$  
3
Total exempt function expenditures. Add lines 1 and 2. Enter here and on Form 1120-POL, line 17b..SchCMd Bullet

$  
4
Did the filing organization file Form 1120-POL for this year? ..........................
5
Enter the names, addresses and employer identification number (EIN) of all section 527 political organizations to which the filing
organization made payments. For each organization listed, enter the amount paid from the filing organization’s funds. Also enter the amount of political contributions received that were promptly and directly delivered to a separate political organization, such as a separate segregated fund or a political action committee (PAC). If additional space is needed, provide information in Part IV.
(a) Name (b) Address (c) EIN (d) Amount paid from filing organization's funds. If none, enter -0-. (e) Amount of political contributions received and promptly and directly delivered to a separate political organization. If none, enter -0-.










For Paperwork Reduction Act Notice, see the instructions for Form 990 or 990-EZ.
Cat. No. 50084S
Schedule C (Form 990 or 990-EZ) 2013

Schedule C (Form 990 or 990-EZ) 2013
Page 2
Part II-A
Complete if the organization is exempt under section 501(c)(3) and filed Form 5768 (election under section 501(h)).
A Check SchCMd Bulletexpenses, and share of excess lobbying expenditures).
B Check SchCMd Bullet
Limits on Lobbying Expenditures
(The term "expenditures" means amounts paid or incurred.) 		(a) Filing
organization's
totals 		(b) Affiliated group
totals
1a Total lobbying expenditures to influence public opinion (grass roots lobbying) ......    
b Total lobbying expenditures to influence a legislative body (direct lobbying) .......    
c Total lobbying expenditures (add lines 1a and 1b) ...................    
d Other exempt purpose expenditures ........................    
e Total exempt purpose expenditures (add lines 1c and 1d) ...............    
f Lobbying nontaxable amount. Enter the amount from the following table in both
columns.		    
If the amount on line 1e, column (a) or (b) is:The lobbying nontaxable amount is:
Not over $500,00020% of the amount on line 1e.
Over $500,000 but not over $1,000,000$100,000 plus 15% of the excess over $500,000.
Over $1,000,000 but not over $1,500,000$175,000 plus 10% of the excess over $1,000,000.
Over $1,500,000 but not over $17,000,000$225,000 plus 5% of the excess over $1,500,000.
Over $17,000,000$1,000,000.
g Grassroots nontaxable amount (enter 25% of line 1f) .................    
h Subtract line 1g from line 1a. If zero or less, enter -0-. ................    
i Subtract line 1f from line 1c. If zero or less, enter -0-. ................    
j If there is an amount other than zero on either line 1h or line 1i, did the organization file Form 4720 reporting
section 4911 tax for this year? ......................................

4-Year Averaging Period Under Section 501(h)
(Some organizations that made a section 501(h) election do not have to complete all of the five
columns below. See the instructions for lines 2a through 2f on page 4.)
Lobbying Expenditures During 4-Year Averaging Period
Calendar year (or fiscal year
beginning in) 		(a) 2010 (b) 2011 (c) 2012 (d) 2013 (e) Total
2a Lobbying nontaxable amount          
b Lobbying ceiling amount
(150% of line 2a, column(e)) 		 
c Total lobbying expenditures          
d Grassroots nontaxable amount          
e Grassroots ceiling amount
(150% of line 2d, column (e))		  
f Grassroots lobbying expenditures          
Schedule C (Form 990 or 990-EZ) 2013


Schedule C (Form 990 or 990-EZ) 2013
Page 3
Part II-B
Complete if the organization is exempt under section 501(c)(3) and has NOT filed Form 5768 (election under section 501(h)).
For each "Yes" response to lines 1a through 1i below, provide in Part IV a detailed description of the lobbying activity.
(a)
No
Yes
(b)
Amount
1
During the year, did the filing organization attempt to influence foreign, national, state or local legislation, including any attempt to influence public opinion on a legislative matter or referendum, through the use of:
a
Volunteers? .........................................
Yes
 
b
Paid staff or management (include compensation in expenses reported on lines 1c through 1i)? ....
Yes
 
c
Media advertisements? ....................................
 
No
 
d
Mailings to members, legislators, or the public? .........................
 
No
 
e
Publications, or published or broadcast statements? .......................
 
No
 
f
Grants to other organizations for lobbying purposes? .......................
 
No
 
g
Direct contact with legislators, their staffs, government officials, or a legislative body? ........
Yes
 
1,174,177
h
Rallies, demonstrations, seminars, conventions, speeches, lectures, or any similar means? ......
 
No
 
i
Other activities? ..........................
 
No
 
j
Total. Add lines 1c through 1i ...............................
1,174,177
2a
Did the activities in line 1 cause the organization to be not described in section 501(c)(3)? .....
 
No
b
If "Yes," enter the amount of any tax incurred under section 4912 .................
 
c
If "Yes," enter the amount of any tax incurred by organization managers under section 4912 .....
 
d
If the filing organization incurred a section 4912 tax, did it file Form 4720 for this year? .......
 
 
Part III-A
Complete if the organization is exempt under section 501(c)(4), section 501(c)(5), or section 501(c)(6).
Yes
No
1
Were substantially all (90% or more) dues received nondeductible by members? ................
1
 
 
2
Did the organization make only in-house lobbying expenditures of $2,000 or less? ................
2
 
 
3
Did the organization agree to carry over lobbying and political expenditures from the prior year? ..........
3
 
 
Part III-B
Complete if the organization is exempt under section 501(c)(4), section 501(c)(5), or section 501(c)(6) and if either (a) BOTH Part III-A, lines 1 and 2, are answered "No" OR (b) Part III-A, line 3, is answered “Yes."
1
Dues, assessments and similar amounts from members .....................
1
 
2
Section 162(e) nondeductible lobbying and political expenditures (do not include amounts of political
expenses for which the section 527(f) tax was paid).
a
Current year .........................................
2a
 
b
Carryover from last year ....................................
2b
 
c
Total ............................................
2c
 
3
Aggregate amount reported in section 6033(e)(1)(A) notices of nondeductible section 162(e) dues .
3
 
4
If notices were sent and the amount on line 2c exceeds the amount on line 3, what portion of the excess does the organization agree to carryover to the reasonable estimate of nondeductible lobbying and political expenditure next year? ................................
4
 
5
Taxable amount of lobbying and political expenditures (see instructions) ..............
5
 
Part IV
Supplemental Information
Provide the descriptions required for Part l-A, line 1; Part l-B, line 4; Part l-C, line 5; Part II-A (affiliated group list); Part II-A, line 2; and Part ll-B, line 1. Also, complete this part for any additional information.
Return Reference Explanation
LOBBYING ACTIVITIES Rampy Northrup is a Public Affairs which represents BCM to the United States Congress, Departments and Agencies. They set up meetings for BCM physicians and staff to present ideas in order to help in the formulation of public policy; to encourage continued support for medical research; and to acquaint government officials of research discoveries as a result of research performed by BCM. INFREQUENTLY, COLLEGE ALUMI AND SOME BOARD MEMBERS ARE REQUESTED TO CONTACT THEIR STATE REPRESENTATIVE TO SUPPORT THE APPROPRIATE LEGISLATION TO SUPPORT THE COLLEGE.
Schedule C (Form 990 or 990EZ) 2013

Additional Data


Software ID:  
Software Version:  

SCHEDULE D
(Form 990)
Department of the Treasury
Internal Revenue Service
Supplemental Financial Statements
SchDMd Bullet Complete if the organization answered "Yes," to Form 990,
Part IV, line 6, 7, 8, 9, 10, 11a, 11b, 11c, 11d, 11e, 11f, 12a, or 12b
SchDMd Bullet Attach to Form 990. SchDMd Bullet See separate instructions. SchDMd Bullet Information about Schedule D (Form 990) and its instructions is at www.irs.gov/form990.
OMB No. 1545-0047
2013
Open to Public Inspection
Name of the organization
Baylor College of Medicine
 
Employer identification number

74-1613878
Part I
Organizations Maintaining Donor Advised Funds or Other Similar Funds or Accounts. Complete if the organization answered "Yes" to Form 990, Part IV, line 6.
(a) Donor advised funds (b) Funds and other accounts
1 Total number at end of year .........    
2 Aggregate contributions to (during year) ...    
3 Aggregate grants from (during year) .....    
4 Aggregate value at end of year ........    
5
Did the organization inform all donors and donor advisors in writing that the assets held in donor advised
funds are the organization's property, subject to the organization's exclusive legal control? ............
6
Did the organization inform all grantees, donors, and donor advisors in writing that grant funds can be
used only for charitable purposes and not for the benefit of the donor or donor advisor, or for any other purpose conferring impermissible private benefit? ...................................
Part II
Conservation Easements. Complete if the organization answered "Yes" to Form 990, Part IV, line 7.
1
Purpose(s) of conservation easements held by the organization (check all that apply).
2
Complete lines 2a through 2d if the organization held a qualified conservation contribution in the form of a conservation easement on the last day of the tax year.
Held at the End of the Year
a Total number of conservation easements ....................... 2a  
b Total acreage restricted by conservation easements .................. 2b  
c Number of conservation easements on a certified historic structure included in (a) ..... 2c  
d Number of conservation easements included in (c) acquired after 8/17/06, and not on a historic structure listed in the National Register .................... 2d  
3
Number of conservation easements modified, transferred, released, extinguished, or terminated by the organization during
the tax year SchDMd Bullet  
4
Number of states where property subject to conservation easement is located SchDMd Bullet  
5
Does the organization have a written policy regarding the periodic monitoring, inspection, handling of violations, and
enforcement of the conservation easements it holds? .............................
6
Staff and volunteer hours devoted to monitoring, inspecting, and enforcing conservation easements during the year
SchDMd Bullet  
7
Amount of expenses incurred in monitoring, inspecting, and enforcing conservation easements during the year
SchDMd Bullet $  
8
Does each conservation easement reported on line 2(d) above satisfy the requirements of section 170(h)(4)(B)(i) and section 170(h)(4)(B)(ii)? .......................................
9
In Part XIII, describe how the organization reports conservation easements in its revenue and expense statement, and
balance sheet, and include, if applicable, the text of the footnote to the organization’s financial statements that describes
the organization’s accounting for conservation easements.
Part III
Organizations Maintaining Collections of Art, Historical Treasures, or Other Similar Assets.
Complete if the organization answered "Yes" to Form 990, Part IV, line 8.
1a
If the organization elected, as permitted under SFAS 116 (ASC 958), not to report in its revenue statement and balance sheet works of art, historical treasures, or other similar assets held for public exhibition, education, or research in furtherance of public service, provide, in Part XIII, the text of the footnote to its financial statements that describes these items.
b
If the organization elected, as permitted under SFAS 116 (ASC 958), to report in its revenue statement and balance sheet works of art, historical treasures, or other similar assets held for public exhibition, education, or research in furtherance of public service, provide the following amounts relating to these items:
(i)
Revenues included in Form 990, Part VIII, line 1 ........................SchDMd Bullet $  
(ii)
Assets included in Form 990, Part X ..............................SchDMd Bullet $  
2
If the organization received or held works of art, historical treasures, or other similar assets for financial gain, provide the
following amounts required to be reported under SFAS 116 (ASC 958) relating to these items:
a
Revenues included in Form 990, Part VIII, line 1 ..........................SchDMd Bullet $  
b
Assets included in Form 990, Part X ...............................SchDMd Bullet $  
For Paperwork Reduction Act Notice, see the Instructions for Form 990.
Cat. No. 52283D
Schedule D (Form 990) 2013

Schedule D (Form 990) 2013
Page 2
Part III
Organizations Maintaining Collections of Art, Historical Treasures, or Other Similar Assets (continued)
3
Using the organization’s acquisition, accession, and other records, check any of the following that are a significant use of its collection items (check all that apply):
a
d
b
e
 
c
4
Provide a description of the organization’s collections and explain how they further the organization’s exempt purpose in
Part XIII.
5
During the year, did the organization solicit or receive donations of art, historical treasures or other similar
assets to be sold to raise funds rather than to be maintained as part of the organization’s collection?........
Part IV
Escrow and Custodial Arrangements. Complete if the organization answered "Yes" to Form 990,
Part IV, line 9, or reported an amount on Form 990, Part X, line 21.
1a
Is the organization an agent, trustee, custodian or other intermediary for contributions or other assets not
included on Form 990, Part X? ....................................
b
If "Yes," explain the arrangement in Part XIII and complete the following table:
Amount
c Beginning balance ................................. 1c  
d Additions during the year .............................. 1d  
e Distributions during the year ............................. 1e  
f Ending balance ................................... 1f  
2a
Did the organization include an amount on Form 990, Part X, line 21? .....................
b
If "Yes," explain the arrangement in Part XIII. Check here if the explanation has been provided in Part XIII ........
Part V
Endowment Funds. Complete if the organization answered "Yes" to Form 990, Part IV, line 10.
(a)Current year (b)Prior year b (c)Two years back (d)Three years back (e)Four years back
1a Beginning of year balance .... 875,466,075 797,276,599 839,779,347 793,303,356 719,348,878
b Contributions ........ 25,747,141 18,133,483 21,739,638 32,598,886 14,371,052
c Net investment earnings, gains, and losses 162,148,229 98,116,751 -1,574,109 169,899,819 113,514,429
d Grants or scholarships .....          
e Other expenditures for facilities
and programs ........ 		39,594,733 38,060,758 62,668,277 156,022,714 53,931,003
f Administrative expenses ....          
g End of year balance ...... 1,023,766,712 875,466,075 797,276,599 839,779,347 793,303,356
2
Provide the estimated percentage of the current year end balance (line 1g, column (a)) held as:
a
Board designated or quasi-endowment SchDMd Bullet33.170 %
b
Permanent endowment SchDMd Bullet66.460 %
c
Temporarily restricted endowment SchDMd Bullet0.370 %
The percentages in lines 2a, 2b, and 2c should equal 100%.
3a
Are there endowment funds not in the possession of the organization that are held and administered for the
organization by:

Yes
No
(i) unrelated organizations ........................
3a(i)
Yes
 
(ii) related organizations ........................
3a(ii)
 
No
b
If "Yes" to 3a(ii), are the related organizations listed as required on Schedule R? .........
3b
 
 
4
Describe in Part XIII the intended uses of the organization's endowment funds.
Part VI
Land, Buildings, and Equipment. Complete if the organization answered 'Yes' to Form 990, Part IV, line 11a. See Form 990, Part X, line 10.
Description of property (a) Cost or other basis (investment) (b)Cost or other basis (other) (c) Accumulated depreciation (d) Book value
1a Land ................. 2,152,455 5,269,261 7,421,716
b Buildings ................   621,213,184 313,554,652 307,658,532
c Leasehold improvements ............   117,041,307 90,160,629 26,880,678
d Equipment ................   388,035,347 298,539,963 89,495,384
e Other .................   3,117,909 2,167,579 950,330
Total. Add lines 1a through 1e. (Column (d) must equal Form 990, Part X, column (B), line 10(c).).......SchDMdBullet 432,406,640
Schedule D (Form 990) 2013

Schedule D (Form 990) 2013
Page 3
Part VII
Investments—Other Securities. Complete if the organization answered 'Yes' to Form 990, Part IV, line 11b. See Form 990, Part X, line 12.
(a) Description of security or category
(including name of security)		 (b)Book value (c) Method of valuation:
Cost or end-of-year market value
(1)Financial derivatives    
(2)Closely-held equity interests    
(3)Other
(A) ABRY MEZZANINE PARTNERS, LP 		551,463 F

(B) ABRY PARTNERS V, LP 		1,524,778 F

(C) ABRY PARTNERS VI, LP 		5,685,298 F

(D) ABRY PARTNERS VII, LP 		7,391,329 F

(E) ABRY SENIOR EQUITY II, LP 		1,463,220 F

(F) ABRY SENIOR EQUITY IV, LP 		1,530,187 F

(G) APRENDA SYSTEMS, LLC 		225,263 F

(H) AUXERIS THERAP, 946 SHARES 		1 F

(I) BAYLOR MEDICAL FOUNDATION 		39,864,167 F

(J) BCM TECHNOLOGIES 1, LP 		551,402 F

(K) BCM TECHNOLOGIES, LP 		10,955,752 F

(L) BRIDGEPOINT EUROPE II A, LP 		1,225,898 F

(M) CSFP GLOBAL OPPORTUNITITES FD 		4,795 F

(N) DLJ MERCHANT BANKING PNRS III 		1,204,190 F

(O) EQUUS-BPG FUND IX 		6,368,793 F

(P) FAIRWAY MEDICAL TECH, INC. 		1 F

(Q) FHJ SCIENTIFIC 		1 F

(R) FINGER 1% LTD PTNR INTERST 		138,189 F

(S) GENE EXCEL, INC. 		1 F

(T) GMO & CO, INC. 		60,616,253 F

(U) HORSLEY BRIDGE III, LP 		21,522,327 F

(V) HORSLEY BRIDGE INTER V, LP 		11,543,959 F

(W) HORSLEY BRIDGE IV, LP 		23,720,347 F

(X) HORSLEY BRIDGE IX, LP 		22,731,477 F

(Y) HORSLEY BRIDGE VII, LP 		15,230,007 F

(Z) HORSLEY BRIDGE VIII, LP 		25,345,287 F

(AA) HUDSON PARTNERSHIP, LTD 		100,000 F

(AB) INGENEX, INC. 		1 F

(AC) JOINT VENTURE WITH CHI 		333,285,331 F

(AD) JPM INCOME & GROWTH RE FUND LP 		36,284,847 F

(AE) KING RANCH INVESTMENT 		20,480,040 F

(AF) KING RANCH INVESTMENTS, LP 		26,006 F

(AG) METANOME, INC. 		327,273 F

(AH) MSCI EMERGING MARKETS BLKROCK 		40,381,052 F

(AI) OCM OPPORTUNITITES FUND VI, LP 		739,783 F

(AJ) OCM OPPORTUNITITES FUND VII LP 		2,214,260 F

(AK) OCM OPPORTUNITITES FUND VIIB 		2,195,644 F

(AL) PENNYBACKER III, LP 		1,377,898 F

(AM) PRIVATE EQUITY FAIR VALUE ADJ 		6,056,860 F

(AN) PROGRESSION THERPEUTICS, INC. 		1,000 F

(AO) RREEF AMERICA RE FUND, LP 		35,068,470 F

(AP) SASCO CAPITAL 		57,474,036 F

(AQ) SENNES DRUG INNOVATIONS INC 		1 F

(AR) STEPSTONEMED, INC. 		1 F

(AS) SWIFT RE PARTNERS FUND I, LP 		2,628,897 F

(AT) THOMAS H LEE EQUITY FUND V LP 		1,752,823 F

(AU) TSG4 LP 		4,329,889 F

(AV) TSG5 LP 		10,811,392 F

(AW) USRC LP BELLAIRE & SCOTT 		298,679 F
Total. (Column (b) must equal Form 990, Part X, col. (B) line 12.)Small Bullet 815,228,568
Part VIII
Investments—Program Related. Complete if the organization answered 'Yes' to Form 990, Part IV, line 11c. See Form 990, Part X, line 13.
(a) Description of investment (b) Book value (c) Method of valuation:
Cost or end-of-year market value








Total. (Column (b) must equal Form 990, Part X, col.(B) line 13.)Small Bullet  
Part IX
Other Assets. Complete if the organization answered 'Yes' to Form 990, Part IV, line 11d. See Form 990, Part X, line 15.
(a) Description (b) Book value








Total. (Column (b) must equal Form 990, Part X, col.(B) line 15.)...........Small Bullet  
Part X
Other Liabilities. Complete if the organization answered 'Yes' to Form 990, Part IV, line 11e or 11f. See Form 990, Part X, line 25.
1.(a) Description of liability (b) Book value
Federal income taxes 0
BONDS PAYABLE COLLEGE TAXABLE SERIES 2012 109,121,000
GIFT ANNUITIES 1,616,575







Total. (Column (b) must equal Form 990, Part X, col.(B) line 25.)Small Bullet 110,737,575
2. Liability for uncertain tax positions In Part XIII, provide the text of the footnote to the organization's financial statements that reports the organization's liability for uncertain tax positions under FIN 48 (ASC 740). Check here if the text of the footnote has been provided in Part XIII ..................................................
Schedule D (Form 990) 2013

Schedule D (Form 990) 2013
Page 4
Part XI Reconciliation of Revenue per Audited Financial Statements With Revenue per Return Complete if the organization answered 'Yes' to Form 990, Part IV, line 12a.
1 Total revenue, gains, and other support per audited financial statements ....... 1  
2 Amounts included on line 1 but not on Form 990, Part VIII, line 12:
a Net unrealized gains on investments .......... 2a  
b Donated services and use of facilities ......... 2b  
c Recoveries of prior year grants ........... 2c  
d Other (Describe in Part XIII.) ............ 2d  
e Add lines 2a through 2d ..................... 2e  
3 Subtract line 2e from line 1..................... 3  
4 Amounts included on Form 990, Part VIII, line 12, but not on line 1:
a Investment expenses not included on Form 990, Part VIII, line 7b . 4a  
b Other (Describe in Part XIII.) ........... 4b  
c Add lines 4a and 4b....................... 4c  
5 Total revenue. Add lines 3 and 4c. (This must equal Form 990, Part I, line 12.) ...... 5  
Part XII Reconciliation of Expenses per Audited Financial Statements With Expenses per Return. Complete if the organization answered 'Yes' to Form 990, Part IV, line 12a.
1 Total expenses and losses per audited financial statements ........... 1  
2 Amounts included on line 1 but not on Form 990, Part IX, line 25:
a Donated services and use of facilities .......... 2a  
b Prior year adjustments .............. 2b  
c Other losses ................ 2c  
d Other (Describe in Part XIII.) ............ 2d  
e Add lines 2a through 2d...................... 2e  
3 Subtract line 2e from line 1..................... 3  
4 Amounts included on Form 990, Part IX, line 25, but not on line 1:
a Investment expenses not included on Form 990, Part VIII, line 7b .. 4a  
b Other (Describe in Part XIII.) ............ 4b  
c Add lines 4a and 4b....................... 4c  
5 Total expenses. Add lines 3 and 4c. (This must equal Form 990, Part I, line 18.) ...... 5  
Part XIII
Supplemental Information
Provide the descriptions required for Part II, lines 3, 5, and 9; Part III, lines 1a and 4; Part lV, lines 1b and 2b;
Part V, line 4; Part X, line 2; Part XI, lines 2d and 4b; and Part XII, lines 2d and 4b. Also complete this part to provide any additional information.
Return Reference Explanation
PART V, LINE 4 INTENDED USE OF ENDOWMENT FUNDS THE ENDOWMENT FUNDS ARE USED TO FUND MEDICAL RESEARCH AND MEDICAL EDUCATION, INCLUDING SCHOLARSHIPS AND STUDENT LOAN FUNDS. FIN 48 FOOTNOTE - UNCERTAINTY IN INCOME TAX - ASC 740 IN THE CONSOLIDATED AUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED JUNE 30, 2014, THE FOOTNOTE TO THE FINANCIAL STATEMENTS ADDRESSING THE REPORTING REQUIREMENTS OF FIN 48 READS AS FOLLOWS: MANAGEMENT ANNUALLY REVIEWS ITS TAX POSITIONS AND HAS DETERMINED THAT THERE ARE NO MATERIAL UNCERTAIN TAX POSITIONS THAT REQUIRE RECOGNITION IN THE ACCOMPANYING CONSOLIDATED BALANCE SHEET AS OF JUNE 30, 2014 AND 2013.
Schedule D (Form 990) 2013

Additional Data


Software ID:  
Software Version:  




SCHEDULE E(Form 990 or 990-EZ)
Department of the Treasury
Internal Revenue Service
Schools
Right pointing arrow large imageComplete if the organization answered "Yes" to Form 990,
Part IV, line 13, or Form 990-EZ, Part VI, line 48.
Right pointing arrow large image Attach to Form 990 or Form 990-EZ.
Right pointing arrow large image Information about Schedule E (Form 990 or 990-EZ) and its instructions is at www.irs.gov/form990.
OMB No. 1545-0047
2013
Open to Public Inspection
Name of the organization
Baylor College of Medicine
 
Employer identification number

74-1613878
Part I
YES
NO
1
Does the organization have a racially nondiscriminatory policy toward students by statement in its charter, bylaws,
other governing instrument, or in a resolution of its governing body? ......................
1
Yes
 
2
Does the organization include a statement of its racially nondiscriminatory policy toward students in all its
brochures, catalogues, and other written communications with the public dealing with student admissions,
programs, and scholarships? ......................................
2
Yes
 
3
Has the organization publicized its racially nondiscriminatory policy through newspaper or broadcast media during
the period of solicitation for students, or during the registration period if it has no solicitation program, in a way
that makes the policy known to all parts of the general community it serves? If "Yes," please describe. If "No,"
please explain. If you need more space use Part II. .............................
3
Yes
 
 
4
Does the organization maintain the following?
a
Records indicating the racial composition of the student body, faculty, and administrative staff? ..........
4a
Yes
 
b
Records documenting that scholarships and other financial assistance are awarded on a racially nondiscriminatory
basis? ...............................................
4b
Yes
 
c
Copies of all catalogues, brochures, announcements, and other written communications to the public dealing
with student admissions, programs, and scholarships? ...........................
4c
Yes
 
d
Copies of all material used by the organization or on its behalf to solicit contributions? ..............
4d
Yes
 
If you answered "No" to any of the above, please explain. If you need more space, use Part II.
 
5
Does the organization discriminate by race in any way with respect to:
a
Students' rights or privileges? .....................................
5a
 
No
b
Admissions policies? .........................................
5b
 
No
c
Employment of faculty or administrative staff? ..............................
5c
 
No
d
Scholarships or other financial assistance? ................................
5d
 
No
e
Educational policies? .........................................
5e
 
No
f
Use of facilities? ...........................................
5f
 
No
g
Athletic programs? ..........................................
5g
 
No
h
Other extracurricular activities? .....................................
5h
 
No
If you answered "Yes" to any of the above, please explain. If you need more space, use Part II.
 
6a
Does the organization receive any financial aid or assistance from a governmental agency? ...........
6a
Yes
 
b
Has the organization's right to such aid ever been revoked or suspended? ...................
6b
 
No
If you answered "Yes" to either line 6a or line 6b, explain on Part II.
7
Does the organization certify that it has complied with the applicable requirements of sections 4.01 through 4.05
of Rev. Proc. 75-50, 1975-2 C.B. 587, covering racial nondiscrimination? If "No," explain on Part II.
7
Yes
 
Paperwork Reduction Act Notice, see the Instructions for Form 990 or Form 990-EZ.
Cat. No. 50085D
Schedule E (Form 990 or 990-EZ) 2013
Schedule E (Form 990 or 990EZ) 2013
Page 2
Part II
Supplemental Information. Provide the explanations required by Part I, lines 3, 4d, 5h, 6b, and 7, as applicable. Also complete this part to provide any other additional information (see instructions).
Return Reference Explanation
Part I, Line 3 THE COLLEGE INCLUDES A STATEMENT OF ITS RACIALLY NONDISDRIMINATORY POLICY AS TO STUDENTS IN ALL ITS BROCHURES AND CATALOGS DEALING WITH ADMISSIONS, PROGRAMS AND SCHOLARSHIPS. Part I, Line 6a Government Financial aid Baylor College of Medicine participates in the federal student loan programs, Perkins Primary Care Loans and Loans for Disadvantaged Students. The U.S. government provides the money that the college loanS to students at 5% interest. The principal and interest collected from the students is used to reloan to other students. Baylor College of Medicine receives aid and assistance from government agencies, including medical research grants from NIH, NSF, DOD, USDA, NASA, DOJ, Title IV Funding, Perkins and Federal work-study from the Department of Education. State agencies include the Texas Coordinating Board, the DSHS (Dept of State Health Services) and the Department of Transportation. Local agencies include the Harris County Hospital District and the City of Houston.
Schedule E (Form 990 or 990-EZ) 2013
Additional Data


Software ID:  
Software Version:  
SCHEDULE F(Form 990)
Department of the Treasury
Internal Revenue Service
Statement of Activities Outside the United States
Right pointing arrow large image Complete if the organization answered "Yes" to Form 990,Part IV, line 14b, 15, or 16.Right pointing arrow large image Attach to Form 990. Right pointing arrow large image See separate instructions.Right pointing arrow large image Information about Schedule F (Form 990) and its instructions is at www.irs.gov/form990.
OMB No. 1545-0047
2013
Open to Public Inspection
Name of the organization
Baylor College of Medicine
 
Employer identification number

74-1613878
Part I
General Information on Activities Outside the United States. Complete if the organization answered "Yes" to Form 990, Part IV, line 14b.
1
For grantmakers.Does the organization maintain records to substantiate the amount of its grants and
other assistance, the grantees’ eligibility for the grants or assistance, and the selection criteria used
to award the grants or assistance? ...............................
2
For grantmakers. Describe in Part V the organization’s procedures for monitoring the use of its grants and other assistance outside the United States.
3
Activites per Region. (The following Part I, line 3 table can be duplicated if additional space is needed.)
(a) Region (b) Number of offices in the region (c) Number of employees, agents, and independent contractors in region (d) Activities conducted in region (by type) (e.g., fundraising, program services, investments, grants to recipients located in the region) (e) If activity listed in (d) is a program service, describe specific type of
service(s) in region		 (f) Total expenditures
for and investments
in region
Europe (Including Iceland and Greenland)     Grantmaking grants for pediat aids 570,937
Sub-Saharan Africa     Grantmaking grants for pediat aids 5,256,709
Europe (Including Iceland and Greenland)     Investments investmentS 1,225,898
East Asia and the Pacific     Grantmaking grants for pediat aids 14,071
           
           
           
           
           
           
           
           
           
           
           
           
           
3a Sub-total .....     7,067,615
b Total from continuation sheets to Part I ...      
c Totals (add lines 3a and 3b)     7,067,615
For Paperwork Reduction Act Notice, see the Instructions for Form 990.Cat. No. 50082W Schedule F (Form 990) 2013
Schedule F (Form 990) 2013
Page 2
Part II
Grants and Other Assistance to Organizations or Entities Outside the United States. Complete if the organization answered "Yes" to Form 990, Part IV, line 15, for any recipient who received more than $5,000. Part II can be duplicated if additional space is needed.
1 (a) Name of organization (b) IRS code section
and EIN (if applicable)		 (c) Region (d) Purpose of
grant 		(e) Amount of
cash grant 		(f) Manner of
cash
disbursement 		(g) Amount
of non-cash
assistance 		(h) Description
of non-cash
assistance 		(i) Method of
valuation
(book, FMV,
appraisal, other)
Europe (Including Iceland and Greenland)   570,937 wire transfr      
Sub-Saharan Africa   5,256,709 wire transfr      
Europe (Including Iceland and Greenland)   14,071 WIRE TRANSFR      
             
             
             
             
             
             
             
             
             
             
             
             
             
2 Enter total number of recipient organizations listed above that are recognized as charities by the foreign country, recognized as tax-exempt by the IRS, or for which the grantee or counsel has provided a section 501(c)(3) equivalency letter ....MediumBullet
0
3
Enter total number of other organizations or entities .......................MediumBullet
3
Schedule F (Form 990) 2013
Schedule F (Form 990) 2013Page 3
Part III
Grants and Other Assistance to Individuals Outside the United States. Complete if the organization answered "Yes" to Form 990, Part IV, line 16.
Part III can be duplicated if additional space is needed.
(a) Type of grant or assistance (b) Region (c) Number of recipients (d) Amount of
cash grant 		(e) Manner of cash
disbursement 		(f) Amount of
non-cash
assistance 		(g) Description
of non-cash
assistance 		(h) Method of
valuation
(book, FMV,
appraisal, other)
               
               
               
               
               
               
               
               
               
               
               
               
               
               
               
               
               
               
Schedule F (Form 990) 2013
Schedule F (Form 990) 2013
Page 4
Part IV
Foreign Forms
1 Was the organization a U.S. transferor of property to a foreign corporation during the tax year? If "Yes,"the organization may be required to file Form 926, Return by a U.S. Transferor of Property to a Foreign Corporation (see Instructions for Form 926)......................................
2 Did the organization have an interest in a foreign trust during the tax year? If "Yes," the organization may be required to file Form 3520, Annual Return to Report Transactions with Foreign Trusts and Receipt of Certain Foreign Gifts, and/or Form 3520-A, Annual Information Return of Foreign Trust With a U.S. Owner (see Instructions for Forms 3520 and 3520-A).......................................
3 Did the organization have an ownership interest in a foreign corporation during the tax year? If "Yes," the organization may be required to file Form 5471, Information Return of U.S. Persons with Respect to Certain Foreign Corporations. (see Instructions for Form 5471)..............................
4 Was the organization a direct or indirect shareholder of a passive foreign investment company or a qualified electing fund during the tax year? If “Yes,” the organization may be required to file Form 8621, Information Return by a Shareholder of a Passive Foreign Investment Company or Qualified Electing Fund. (see Instructions for Form 8621)...............................................
5 Did the organization have an ownership interest in a foreign partnership during the tax year? If "Yes," the organization may be required to file Form 8865, Return of U.S. Persons with Respect to Certain Foreign Partnerships. (see Instructions for Form 8865)....................................
6 Did the organization have any operations in or related to any boycotting countries during the tax year? If "Yes," the organization may be required to file Form 5713, International Boycott Report (see Instructions for Form 5713)................................................
Schedule F (Form 990) 2013
Schedule F (Form 990) 2013
Page 5
Part V
Supplemental Information
Provide the information required by Part I, line 2 (monitoring of funds); Part I, line 3, column (f) (accounting method; amounts of investments vs. expenditures per region); Part II, line 1 (accounting method); Part III (accounting method); and Part III, column (c) (estimated number of recipients), as applicable. Also complete this part to provide any additional information (see instructions).
ReturnReference Explanation
PART 1, LINE 2 THE MAJORITY OF THE PEOPLE ON THE BOARD OF THE ORGANIZATIONS ARE EMPLOYEES OF BAYLOR COLLEGE OF MEDICINE, AND EMPLOYEES OF A RELATED ORGANIZATION, BAYLOR INTERNATIONAL PEDIATRIC AIDS INITIATIVE. THESE BOARD MEMBERS ARE THEREFORE ABLE TO CONTROL THE BOARD AND MONITOR THE ACTIVITIES OF THE VARIOUS NON-GOVERNMENTAL ORGANIZATIONS THROUGH BOARD OVERSIGHT.
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
Schedule F (Form 990) 2013
Additional Data


Software ID:  
Software Version:  



SCHEDULE G (Form 990 or 990-EZ)
Department of the Treasury
Internal Revenue Service
Supplemental Information Regarding
Fundraising or Gaming Activities
Complete if the organization answered "Yes" to Form 990, Part IV, lines 17, 18, or 19, or if the organization entered more than $15,000 on Form 990-EZ, line 6a. right arrowAttach to Form 990 or Form 990-EZ. right arrowSee separate instructions.
right arrowInformation about Schedule G (Form 990 or 990-EZ) and its instructions is at www.irs.gov/form990.
OMB No. 1545-0047
2013
Open to Public Inspection
Name of the organization
Baylor College of Medicine
 
Employer identification number

74-1613878
Part I
Fundraising Activities. Complete if the organization answered "Yes" to Form 990, Part IV, line 17.
Form 990-EZ filers are not required to complete this part.
1
Indicate whether the organization raised funds through any of the following activities. Check all that apply.
a e
b f
c g
d
2a
Did the organization have a written or oral agreement with any individual (including officers, directors, trustees
or key employees listed in Form 990, Part VII) or entity in connection with professional fundraising services?
b
If "Yes," list the ten highest paid individuals or entities (fundraisers) pursuant to agreements under which the fundraiser is
to be compensated at least $5,000 by the organization.
(i) Name and address of individual
or entity (fundraiser) 		(ii) Activity (iii) Did fundraiser have custody or control of contributions? (iv) Gross receipts
from activity 		(v) Amount paid to
(or retained by)
fundraiser listed in
col. (i) 		(vi) Amount paid to
(or retained by)
organization
Yes No
             
             
             
             
             
             
             
             
             
             
Total .................right arrow      
3
List all states in which the organization is registered or licensed to solicit contributions or has been notified it is exempt from registration or licensing.
TX
For Paperwork Reduction Act Notice, see the Instructions for Form 990or 990-EZ.
Cat. No. 50083H
Schedule G (Form 990 or 990-EZ) 2013
Schedule G (Form 990 or 990-EZ) 2013
Page 2
Part II
Fundraising Events. Complete if the organization answered "Yes" to Form 990, Part IV, line 18, or reported more than $15,000 of fundraising event contributions and gross income on Form 990-EZ, lines 1 and 6b. List events with gross receipts greater than $5,000.
(a) Event #1

CRYSTAL BALL
(event type) 		(b) Event #2

STILETTO STRUT
(event type) 		(c) Other events

2
(total number) 		(d) Total events
(add col. (a) through col. (c))
VerticalRevenue 1 Gross receipts . . . 464,295 143,530 53,125 660,950
2 Less: Contributions . . 399,864 118,530 41,796 560,190
3 Gross income (line 1
minus line 2) . . . 		64,431 25,000 11,329 100,760
VerticalDirectExpenses 4 Cash prizes . . .        
5 Noncash prizes . .        
6 Rent/facility costs . .        
7 Food and beverages . 60,401   7,780 68,181
8 Entertainment . . .        
9 Other direct expenses . 81,086 28,891 13,000 122,977
10 Direct expense summary. Add lines 4 through 9 in column (d) ........... right arrow 191,158
11 Net income summary. Subtract line 10 from line 3, column (d)........... right arrow -90,398
Part III
Gaming. Complete if the organization answered "Yes" to Form 990, Part IV, line 19, or reported more than $15,000 on Form 990-EZ, line 6a.
VerticalRevenue (a) Bingo (b) Pull tabs/Instant
bingo/progressive bingo 		(c) Other gaming (d) Total gaming (add col.(a) through col.(c))
1 Gross revenue . . . .        
VerticalDirectExpenses 2 Cash prizes . . . .        
3 Non-cash prizes . . .        
4 Rent/facility costs . . .        
5 Other direct expenses . .        
6 Volunteer labor . . .
%
%
%
7 Direct expense summary. Add lines 2 through 5 in column (d) ........... right arrow  
8 Net gaming income summary. Subtract line 7 from line 1, column (d) ......... right arrow  
9
Enter the state(s) in which the organization operates gaming activities:
a
Is the organization licensed to operate gaming activities in each of these states? ............
b
If "No," explain:
 
10a
Were any of the organization's gaming licenses revoked, suspended or terminated during the tax year? .....
b
If "Yes," explain:
 
Schedule G (Form 990 or 990-EZ) 2013
Schedule G (Form 990 or 990-EZ) 2013
Page 3
11
Does the organization operate gaming activities with nonmembers? .................
12
Is the organization a grantor, beneficiary or trustee of a trust or a member of a partnership or other entity
formed to administer charitable gaming? ..........................
13
Indicate the percentage of gaming activity operated in:
a
The organization's facility ......................
13a
%
b
An outside facility ........................
13b
%
14
Enter the name and address of the person who prepares the organization's gaming/special events books and records:
Name right arrow
Address right arrow
15a
Does the organization have a contract with a third party from whom the organization receives gaming
revenue? ......................................
b
If "Yes," enter the amount of gaming revenue received by the organization right arrow $   and the
amount of gaming revenue retained by the third party right arrow $   .
c
If "Yes," enter name and address of the third party:
Name right arrow
Address right arrow
 
 
16
Gaming manager information:
Name right arrow
Gaming manager compensation right arrow $  
Description of services provided right arrow
 
17
Mandatory distributions:
a
Is the organization required under state law to make charitable distributions from the gaming proceeds to
retain the state gaming license? ............................
b
Enter the amount of distributions required under state law distributed to other exempt organizations or spent
in the organization's own exempt activities during the tax year right arrow$  
Part IV
Supplemental Information. Provide the explanations required by Part I, line 2b, columns (iii) and (v), and Part III, lines 9, 9b, 10b, 15b, 15c, 16, and 17b, as applicable. Also complete this part to provide any additional information (see instructions).
Return Reference Explanation
Schedule G (Form 990 or 990-EZ) 2013
Additional Data


Software ID:  
Software Version:  
Schedule I
(Form 990)
Department of the Treasury
Internal Revenue Service
Grants and Other Assistance to Organizations,
Governments and Individuals in the United States
Complete if the organization answered "Yes," to Form 990, Part IV, line 21 or 22.
lBullet Attach to Form 990
lBullet Information about Schedule I (Form 990) and its instructions is at www.irs.gov/form990.
OMB No. 1545-0047
2013
Open to Public
Inspection
Name of the organization
Baylor College of Medicine
 
Employer identification number
74-1613878
Part I
General Information on Grants and Assistance
1
Does the organization maintain records to substantiate the amount of the grants or assistance, the grantees' eligibility for the grants or assistance, and
the selection criteria used to award the grants or assistance? ....................................
2
Describe in Part IV the organization's procedures for monitoring the use of grant funds in the United States.
Part II
Grants and Other Assistance to Governments and Organizations in the United States. Complete if the organization answered "Yes" to
Form 990, Part IV, line 21, for any recipient that received more than $5,000. Part II can be duplicated if additional space is needed.
(a) Name and address of organization
or government		 (b) EIN (c) IRC Code section
if applicable		 (d) Amount of cash grant (e) Amount of non-cash
assistance		 (f) Method of valuation
(book, FMV, appraisal,
other)		 (g) Description of
non-cash assistance		 (h) Purpose of grant
or assistance






















2
Enter total number of section 501(c)(3) and government organizations listed in the line 1 table ................ Bullet Image
 
3
Enter total number of other organizations listed in the line 1 table ........................ . Bullet Image
 
For Paperwork Reduction Act Notice, see the Instructions for Form 990.
Cat. No. 50055P
Schedule I (Form 990) 2013

Schedule I (Form 990) 2013
Page 2
Part III
Grants and Other Assistance to Individuals in the United States. Complete if the organization answered "Yes" to Form 990, Part IV, line 22.
Part III can be duplicated if additional space is needed.
(a)Type of grant or assistance (b)Number of
recipients		 (c)Amount of
cash grant		 (d)Amount of
non-cash assistance		 (e)Method of valuation (book,
FMV, appraisal, other)		 (f)Description of non-cash assistance
(1) SCHOLARSHIPS AND FELLOWSHIPS FOR STUDENTS 3453 83,693,713      












Part IV
Supplemental Information. Provide the information required in Part I, line 2, Part III, column (b), and any other additional information.
Return Reference Explanation
PART I, LINE 2 GRANTS AND OTHER ASSISTANCE TO INDIVIDUALS ARE PROVIDED IN THE FORM OF STIPENDS TO RESIDENTS, POST-DOCTORAL, AND GRADUATE STUDENTS. THE STIPENDS ARE SUBJECT TO ALL OF THE PAYROLL SYSTEM CONTROLS, TIME SHEETS, TIME AND EFFORT REPORTING AND OTHER PAYROLL CONTROLS. THE REMAINING GRANTS USE TUITION SCHOLARSHIPS WHICH ARE APPLIED DIRECTLY TO TUITION AND FEES WITHIN THE ACCOUNTING SYSTEM TO WHICH THE STUDENT HAS NO ACCESS.
Schedule I (Form 990) 2013


Additional Data


Software ID:  
Software Version:  


Schedule J
(Form 990)
Department of the Treasury
Internal Revenue Service
Compensation Information
For certain Officers, Directors, Trustees, Key Employees, and Highest
Compensated Employees
SchJMediumBullet Complete if the organization answered "Yes" to Form 990, Part IV, line 23.
SchJMediumBullet Attach to Form 990. SchJMediumBullet See separate instructions.
SchJMediumBullet Information about Schedule J (Form 990) and its instructions is at www.irs.gov/form990.
OMB No. 1545-0047
2013
Open to Public Inspection
Name of the organization
Baylor College of Medicine
 
Employer identification number

74-1613878
Part I
Questions Regarding Compensation
Yes
No
1a
Check the appropiate box(es) if the organization provided any of the following to or for a person listed in Form
990, Part VII, Section A, line 1a. Complete Part III to provide any relevant information regarding these items.
b
If any of the boxes in line 1a are checked, did the organization follow a written policy regarding payment or reimbursement or provision of all of the expenses described above? If "No," complete Part III to explain....
1b
Yes
 
2
Did the organization require substantiation prior to reimbursing or allowing expenses incurred by all
directors, trustees, officers, including the CEO/Executive Director, regarding the items checked in line 1a? ..
2
Yes
 
3
Indicate which, if any, of the following the filing organization used to establish the compensation of the
organization's CEO/Executive Director. Check all that apply. Do not check any boxes for methods
used by a related organization to establish compensation of the CEO/Executive Director, but explain in Part III.
4
During the year, did any person listed in Form 990, Part VII, Section A, line 1a with respect to the filing organization or a related organization:
a
Receive a severance payment or change-of-control payment? ................
4a
Yes
 
b
Participate in, or receive payment from, a supplemental nonqualified retirement plan? .........
4b
 
No
c
Participate in, or receive payment from, an equity-based compensation arrangement? .........
4c
 
No
If "Yes" to any of lines 4a-c, list the persons and provide the applicable amounts for each item in Part III.
Only 501(c)(3) and 501(c)(4) organizations only must complete lines 5-9.
5
For persons listed in Form 990, Part VII, Section A, line 1a, did the organization pay or accrue any
compensation contingent on the revenues of:
a
The organization? ...........................
5a
 
No
b
Any related organization? .........................
5b
 
No
If "Yes," to line 5a or 5b, describe in Part III.
6
For persons listed in Form 990, Part VII, Section A, line 1a, did the organization pay or accrue any
compensation contingent on the net earnings of:
a
The organization? ...........................
6a
 
No
b
Any related organization? .........................
6b
 
No
If "Yes," to line 6a or 6b, describe in Part III.
7
For persons listed in Form 990, Part VII, Section A, line 1a, did the organization provide any non-fixed
payments not described in lines 5 and 6? If "Yes," describe in Part III ............
7
 
No
8
Were any amounts reported in Form 990, Part VII, paid or accured pursuant to a contract that was
subject to the initial contract exception described in Regulations section 53.4958-4(a)(3)? If "Yes," describe
in Part III .............................
8
 
No
9
If "Yes" to line 8, did the organization also follow the rebuttable presumption procedure described in Regulations section 53.4958-6(c)? .........................
9
 
 
For Paperwork Reduction Act Notice, see the Instructions for Form 990.
Cat. No. 50053T
Schedule J (Form 990) 2013

Schedule J (Form 990) 2013
Page 2
Part II
Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees. Use duplicate copies if additional space is needed.
For each individual whose compensation must be reported in Schedule J, report compensation from the organization on row (i) and from related organizations, described in the
instructions, on row (ii). Do not list any individuals that are not listed on Form 990, Part VII.
Note. The sum of columns (B)(i)-(iii) for each listed individual must equal the total amount of Form 990, Part VII, Section A, line 1a, applicable column (D) and (E) amounts for that individual.
(A) Name and Title (B) Breakdown of W-2 and/or 1099-MISC compensation (C) Retirement and other deferred compensation (D) Nontaxable
benefits		 (E) Total of columns
(B)(i)-(D) 		(F) Compensation
reported as deferred
in prior Form 990
(i) Base compensation (ii) Bonus & incentive compensation (iii) Other reportable compensation
(1)KIMBERLY COTNER DAVIDSR.VP & CFO (i)
(ii)		 448,440
0 		90,000
0 		810
0 		17,147
0 		7,968
0 		564,365
0 		0
0
(2)JD HOLCOMBVICE PRESIDENT (i)
(ii)		 210,961
0 		11,000
0 		10,858
0 		14,872
0 		7,968
0 		255,659
0 		0
0
(3)ADAM KUSPAVICE PRESIDENT (i)
(ii)		 392,075
0 		60,000
0 		7,742
0 		17,147
0 		7,968
0 		484,932
0 		0
0
(4)STEPHEN SIGWORTHVICE PRESIDENT (i)
(ii)		 448,538
0 		53,131
0 		810
0 		17,147
0 		7,968
0 		527,594
0 		0
0
(5)PAUL KLOTMANPRESIDENT & CEO (i)
(ii)		 993,034
0 		500,000
0 		21,184
0 		17,147
0 		7,968
0 		1,539,333
0 		0
0
(6)ROBERT F CORRIGAN JRSR VP & GENER (i)
(ii)		 423,440
0 		42,500
0 		1,242
0 		17,147
0 		7,968
0 		492,297
0 		0
0
(7)LORIE TABAKCHIEF OF STAFF (i)
(ii)		 390,905
0 		40,000
0 		540
0 		17,147
0 		7,968
0 		456,560
0 		0
0
(8)ALEXANDER IZAGUIRREVP-INFO TECHNOLOGY (i)
(ii)		 344,771
0 		35,000
0 		540
0 		17,147
0 		7,929
0 		405,387
0 		0
0
(9)RANDALL LEE LANGENDERFERvp AUDIT SERVICES (i)
(ii)		 267,443
0 		0
0 		37,165
0 		17,081
0 		7,229
0 		328,918
0 		0
0
(10)HIRAM F GILBERTSR VICE PRES (term 7/1/2014) (i)
(ii)		 261,228
0 		19,659
0 		4,191
0 		17,147
0 		7,968
0 		310,193
0 		0
0
(11)DERRICK E PARKERVP BUSINESS DEVELOPMENT (i)
(ii)		 310,299
0 		33,000
0 		7,309
0 		17,147
0 		7,968
0 		375,723
0 		0
0
(12)JULIE B NICKELLVP FINANCE AND PLANNING (i)
(ii)		 253,293
0 		25,000
0 		26,810
0 		17,122
0 		7,968
0 		330,193
0 		0
0
(13)KRISTI COOPERVP DEVELOPMENT (i)
(ii)		 271,298
0 		77,500
0 		540
0 		17,147
0 		7,968
0 		374,453
0 		0
0
(14)ROCK D MORILLEVP FACILITIES (i)
(ii)		 232,543
0 		23,500
0 		7,659
0 		15,847
0 		7,968
0 		287,517
0 		0
0
(15)CLAIRE M BASSETTVP PUBLIC AFFAIRS (i)
(ii)		 240,093
0 		24,600
0 		7,720
0 		16,562
0 		7,968
0 		296,943
0 		0
0
(16)DAVID H BERGERVP MCNAIR FACILITY (i)
(ii)		 413,929
0 		30,000
0 		7,742
0 		17,147
0 		7,968
0 		476,786
0 		0
0
(17)DANE K FRIENDVP HUMAN RESOURCES (i)
(ii)		 281,586
0 		27,500
0 		540
0 		17,147
0 		7,968
0 		334,741
0 		0
0
(18)THOMAS MICHAEL WHEELERCHAIRMAN PATHOLOGY (i)
(ii)		 789,331
0 		138,621
0 		16,564
0 		17,147
0 		7,968
0 		969,631
0 		0
0
(19)MICHAEL A BELFORTCHAIRMAN OB GYN (i)
(ii)		 788,907
0 		98,928
0 		8,822
0 		17,147
0 		7,968
0 		921,772
0 		0
0
(20)MICHAEL COBURNCHAIRMAN UROLOGY (i)
(ii)		 666,122
0 		99,550
0 		15,322
0 		17,147
0 		7,968
0 		806,109
0 		0
0
(21)MARK W KLINECHAIRMAN PEDIATRICS (i)
(ii)		 708,736
0 		500
0 		2,322
0 		17,147
0 		7,968
0 		736,673
0 		0
0
(22)WILLIAM D WALKERVP - INVESTMENT (i)
(ii)		 475,612
0 		292,800
0 		3,564
0 		17,147
0 		7,968
0 		797,091
0 		0
0
(23)THOMAS R HUNT IIIORTHOPEDIC SURGERY (i)
(ii)		 816,626
0 		259,328
0 		1,242
0 		17,147
0 		7,968
0 		1,102,311
0 		0
0
(24)TODD ROSENGARTCHAIRMAN OF SURGERY (i)
(ii)		 965,963
0 		292,700
0 		8,086
0 		17,147
0 		7,968
0 		1,291,864
0 		0
0
(25)JOSEPH COSELLIPROFESSOR (i)
(ii)		 1,991,465
0 		3,420
0 		3,564
0 		17,147
0 		7,968
0 		2,023,564
0 		0
0
(26)CHARLES FRASERPROFESSOR (i)
(ii)		 1,986,396
0 		0
0 		2,322
0 		17,147
0 		7,968
0 		2,013,833
0 		0
0
(27)LARRY LIPSHULTZPROFESSOR (i)
(ii)		 884,354
0 		260
0 		4,326
0 		17,147
0 		7,968
0 		914,055
0 		0
0
(28)JOHN A GOSSPROFESSOR (i)
(ii)		 1,066,224
0 		56,640
0 		7,742
0 		17,147
0 		7,968
0 		1,155,721
0 		0
0
(29)JEFFERY STEPHEN HEINLEPROFESSOR (i)
(ii)		 836,284
0 		0
0 		7,742
0 		17,147
0 		7,968
0 		869,141
0 		0
0
(30)S GREENBERGVICE PRESIDENT (term 7/1/2014) (i)
(ii)		 507,399
0 		80,305
0 		11,391
0 		17,147
0 		7,968
0 		624,210
0 		0
0
(31)PETER J HOTEZ MD PHDFORMER DEAN-SCHOOL ALLIED HLTH (i)
(ii)		 490,514
0 		43,000
0 		2,322
0 		17,147
0 		7,968
0 		560,951
0 		0
0
(32)TOM KLEINWORTHVP GOV REL (i)
(ii)		 352,298
0 		35,000
0 		3,564
0 		17,147
0 		7,968
0 		415,977
0 		0
0
(33)WAYNE E KEATHLEYPRESIDENT - BCMMC(term 2/8/14) (i)
(ii)		 670,811
0 		613,333
0 		3,016
0 		17,037
0 		6,818
0 		1,311,015
0 		0
0
(34)PETER TRABERFORMER PRES EMERITUS (i)
(ii)		 0
0 		0
0 		457,692
0 		0
0 		0
0 		457,692
0 		0
0
(35)MAYA SURESHFormer Chairman Anestesiology (i)
(ii)		 583,330
0 		66,920
0 		4,191
0 		17,147
0 		7,968
0 		679,556
0 		0
0
(36)DAVID WESSONFORMER CHAIRMAN SURGERY (i)
(ii)		 644,428
0 		69,568
0 		5,730
0 		17,147
0 		7,968
0 		744,841
0 		0
0
Schedule J (Form 990) 2013

Schedule J (Form 990) 2013
Page 3
Part III
Supplemental Information
Provide the information, explanation, or descriptions required for Part I, lines 1a, 1b, 3, 4a, 4b, 4c, 5a, 5b, 6a, 6b, 7, and 8, and for Part II.
Also complete this part for any additional information.
Return Reference Explanation
PART I, LINE 1A TAX IDEMNIFICATION AND GROSS-UP PAYMENTS BAYLOR COLLEGE OF MEDICINE OFFERS A FACULTY children's scholarSHip program for dependent children of eligible faculty and designated staff employees. THE COLLEGE PAYS UP TO A MAXIMUM OF $4,500 ANNUALLY PER CHILD. A CHILD CAN RECEIVE A MAXIMUM OF FOUR (4) ANNUAL SCHOLARSHIP AWARDS. THE TOTAL ANNUAL BENEFIT AMOUNT IS $6,500 AND THE ENTIRE AMOUNT OF THIS BENEFIT IS TAXABLE TO THE EMPLOYEE. THE TOTAL REPRESENTS THE $4,500 PAYMENT TO THE CHILD'S COLLEGE AND AN ADDITIONAL $2,000 TO OFFSET THE FEDERAL INCOME TAXES. THIS ASSUMES THE ENTIRE $6,500 IS THE PAYMENT. IF THE BENEFIT IS REDUCED, THE INCOME TAX OFFSET IS REDUCED AS WELL. IN OTHER WORDS, $6,500 IS ADDED TO THE EMPLOYEE'S TAXABLE INCOME; THEREFORE, THE BENEFIT MAY AFFECT THE EMPLOYEE'S TAX BRACKET. PART 1, LINE 4A SEVERANCE PAYMENTS PETER TRABER, A FORMER PRESIDENT OF BAYLOR COLLEGE OF MEDICINE, RECEIVED A SEVERANCE PAYMENT OF $457,692.
Schedule J (Form 990) 2013

Additional Data


Software ID:  
Software Version:  
Schedule K
(Form 990)
Department of the Treasury
Internal Revenue Service
Supplemental Information on Tax Exempt Bonds
SchKMediumBullet Complete if the organization answered "Yes" to Form 990, Part IV, line 24a. Provide descriptions,
explanations, and any additional information in Part VI.
SchKMediumBullet Attach to Form 990. SchKMediumBullet See separate instructions.
SchKMediumBulletInformation about Schedule K (Form 990) and its instructions is at www.irs.gov/form990.
OMB No. 1545-0047
2013
Open to Public
Inspection
Name of the organization
Baylor College of Medicine
 
Employer identification number
74-1613878
Part I
Bond Issues
(a) Issuer name (b) Issuer EIN (c) CUSIP # (d) Date issued (e) Issue price (f) Description of purpose (g) Defeased (h) On
behalf of
issuer 		(i) Pool
financing
Yes No Yes No Yes No
A HARRIS COUNTY CULTURAL EDUCATION FAC FINANCE CORP
  		76-0337885 414008AA0 08-27-2008 251,893,440 RFND BONDS ISSUED 6/11/99 & 8/3/05   X   X   X
B HARRIS CNTY CULTURAL EDUC CNTY HLTH FAC FIN CORP
  		76-0337885 414008Bk7 09-06-2012 364,304,718 RFND PRIOR BOND ISSUES,SEE PART IV   X   X   X
Part II
Proceeds
A B C D
1 Amount of bonds retired . . . . . . . . . . . . . . 81,545,000 0    
2 Amount of bonds legally defeased . . . . . . . . . . . 0 0    
3 Total proceeds of issue . . . . . . . . . . . . . . 251,893,440 364,304,718    
4 Gross proceeds in reserve funds . . . . . . . . . . . . 16,445,049 0    
5 Capitalized interest from proceeds . . . . . . . . . . . 0 0    
6 Proceeds in refunding escrows . . . . . . . . . . . . 0 0    
7 Issuance costs from proceeds . . . . . . . . . . . . 2,955,947 3,150,117    
8 Credit enhancement from proceeds . . . . . . . . . . . 27,500 48,500    
9 Working capital expenditures from proceeds . . . . . . . . . 0 0    
10 Capital expenditures from proceeds . . . . . . . . . . . 0 0    
11 Other spent proceeds . . . . . . . . . . . . . . 232,464,944 361,106,101    
12 Other unspent proceeds . . . . . . . . . . . . . . 0 0    
13 Year of substantial completion . . . . . . . . . . . . 2006
Yes No Yes No Yes No Yes No
14 Were the bonds issued as part of a current refunding issue? . . . . . X   X          
15 Were the bonds issued as part of an advance refunding issue? . . . . .   X   X        
16 Has the final allocation of proceeds been made? . . . . . . . . X   X          
17 Does the organization maintain adequate books and records to support the final allocation of proceeds? . . . . . . . . . . . . . . X   X          
Part III
Private Business Use
A B C D
Yes No Yes No Yes No Yes No
1 Was the organization a partner in a partnership, or a member of an LLC, which owned property financed by tax-exempt bonds? . . . . . . .   X   X        
2 Are there any lease arrangements that may result in private business use of bond-financed property? . . . . . . . . . X   X          
For Paperwork Reduction Act Notice, see the Instructions for Form 990.
Cat. No. 50193E
Schedule K (Form 990) 2013
Schedule K (Form 990) 2013
Page 2
Part III
Private Business Use (Continued)
A B C D
Yes No Yes No Yes No Yes No
3a Are there any management or service contracts that may result in private business use of bond-financed property? . . . . . . . . . . . . X   X          
b If "Yes" to line 3a, does the organization routinely engage bond counsel or other outside counsel to review any management or service contracts relating to the financed property? X   X          
c Are there any research agreements that may result in private business use of bond-financed property? . . . . . . . . . . . . . . .   X   X        
d If "Yes" to line 3c, does the organization routinely engage bond counsel or other outside counsel to review any research agreements relating to the financed property?                
4 Enter the percentage of financed property used in a private business use by entities other than a section 501(c)(3) organization or a state or local government . . SchKMediumBullet 0 % 0 %    
5 Enter the percentage of financed property used in a private business use as a result of unrelated trade or business activity carried on by your organization, another section 501(c)(3) organization, or a state or local government . . . . . . . SchKMediumBullet        
6 Total of lines 4 and 5 . . . . . . . . . . . . .        
7 Does the bond issue meet the private security or payment test? . . . . . X   X          
8a Has there been a sale or disposition of any of the bond financed property to a nongovernmental person other than a 501(c)(3) organization since the bonds were issued?. . . . . . . . . . . . . . . . .   X   X        
b If "Yes" to line 8a, enter the percentage of bond-financed property sold or disposed of.        
c If "Yes" to line 8a, was any remedial action taken pursuant to Regulations sections 1.141-12 and 1.145-2? . . . . . . . . . . . . .   X   X        
9 Has the organization established written procedures to ensure that all nonqualified bonds of the issue are remediated in accordance with the requirements under
Regulations sections 1.141-12 and 1.145-2? . . . . . . . 		  X   X        
Part IV
Arbitrage
A B C D
Yes No Yes No Yes No Yes No
1 Has the issuer filed Form 8038-T? . . . . .   X   X        
2 If "No" to line 1, did the following apply? . . . .
a Rebate not due yet? . . . . . . . .   X   X        
b Exception to rebate? . . . . . . . .   X   X        
c No rebate due? . . . . . . . . X   X          
If you checked "No rebate due" in line 2c, provide in
Part VI the date the rebate computation was performed
3 Is the bond issue a variable rate issue? . . . . X   X          
4a Has the organization or the governmental issuer entered into a qualified hedge with respect to the bond issue?   X X          
b Name of provider . . . . . . . . . 0
  		BARCLAYSMERRILL LYN
  		 
  		 
 
c Term of hedge . . . . . . . . . . 34. 34.    
d Was the hedge superintegrated? . . . .   X   X        
e Was the hedge terminated? . . . . . .   X   X        
Schedule K (Form 990) 2013
Schedule K (Form 990) 2013
Page 3
Part IV
Arbitrage (Continued)
A B C D
Yes No Yes No Yes No Yes No
5a Were gross proceeds invested in a guaranteed investment contract (GIC)? . . . . . . . . .   X   X        
b Name of provider . . . . . . . . . 0
  		0
  		 
  		 
 
c Term of GIC . . . . . . . . . .        
d Was the regulatory safe harbor for establishing the fair market value of the GIC satisfied? . . . . .                
6 Were any gross proceeds invested beyond an available temporary period? . . . . . . . .   X   X        
7 Has the organization established written procedures to monitor the requirements of section 148? . . .   X   X        
Part V
Procedures To Undertake Corrective Action
A B C D
Yes No Yes No Yes No Yes No
Has the organization established written procedures to ensure that violations of federal tax requirements are timely identified and corrected through the voluntary closing agreement program if self-remediation is not available under applicable regulations?   X   X        
Part VI
Supplemental Information. Provide additional information for responses to questions on Schedule K (see instructions).
Return Reference Explanation
PART I, LINE B Baylor College of Medicine restructured its debt in September 2012. The 2008E bonds were refunded by the new 2012 taxable college bond series. The 1999A bonds were refunded by the new 2012A series. The 2007B bonds were refunded by the new 2012A and 2012B series. The 2008A, B, C series bonds were refunded by the new 2012A, B, C series bonds. The 2008D bonds remained unchanged. Part IV, line 2c The arbitrage report was completed June 2012 and the rebate computations showed there was no liability due to the IRS. The arbitrage report for FY13 was completed in April 2014 showing no rebate due. Part IV, line 4b The variable rate debt is hedged with interest rate swaps, $103M with Barclays and $44M with Bank of America/Merrill LyncH.
Schedule K (Form 990) 2013

Additional Data


Software ID:  
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SCHEDULE M
(Form 990)

Department of the Treasury
Internal Revenue Service
Noncash Contributions
Right pointing arrow large imageComplete if the organizations answered "Yes" on Form 990, Part IV, lines 29 or 30.
Right pointing arrow large image Attach to Form 990.
Right pointing arrow large imageInformation about Schedule M (Form 990) and its instructions is at www.irs.gov/form990.
OMB No. 1545-0047
2013
Open to Public Inspection
Name of the organization
Baylor College of Medicine
 
Employer identification number

74-1613878
Part I
Types of Property
(a)
Check if applicable 		(b)
Number of contributions or items contributed 		(c)
Noncash contribution amounts reported on
Form 990, Part VIII, line 1g 		(d)
Method of determining
noncash contribution amounts
1 Art—Works of art ....        
2 Art—Historical treasures .        
3 Art—Fractional interests ..        
4 Books and publications ..      
5 Clothing and household
goods ....... 		     
6 Cars and other vehicles ..        
7 Boats and planes ....        
8 Intellectual property ...        
9 Securities—Publicly traded . X 36 6,953,216 AVERAGE OF HIGH/LOW
10 Securities—Closely held stock .        
11 Securities—Partnership, LLC,
or trust interests .... 		       
12 Securities—Miscellaneous ..        
13 Qualified conservation
contribution—Historic
structures ..... 		       
14 Qualified conservation
contribution—Other ... 		       
15 Real estate—Residential .        
16 Real estate—Commercial ..        
17 Real estate—Other ...        
18 Collectibles .....        
19 Food inventory ...        
20 Drugs and medical supplies .        
21 Taxidermy ......        
22 Historical artifacts ....        
23 Scientific specimens ..        
24 Archeological artifacts ...        
25 Other Right pointing arrow large image ( MED DEVICES ) X 742 8,257,653 COST
26 Other Right pointing arrow large image ( IN KIND DONATIONS ) X 1 2,970 COST
27 Other Right pointing arrow large image( )
28 Other Right pointing arrow large image ( )
29
Number of Forms 8283 received by the organization during the tax year for contributions
for which the organization completed Form 8283, Part IV, Donee Acknowledgement ...
29
 
Yes
No
30a
During the year, did the organization receive by contribution any property reported in Part I, lines 1 through 28, that
it must hold for at least three years from the date of the initial contribution, and which is not required to be used
for exempt purposes for the entire holding period? ..................
30a
 
No
b
If "Yes," describe the arrangement in Part II.
31
Does the organization have a gift acceptance policy that requires the review of any non-standard contributions?
31
Yes
 
32a
Does the organization hire or use third parties or related organizations to solicit, process, or sell noncash
contributions? ..........................
32a
Yes
 
b
If "Yes," describe in Part II.
33
If the organization did not report an amount in column (c) for a type of property for which column (a) is checked,
describe in Part II.
For Paperwork Reduction Act Notice, see the Instructions for Form 990.
Cat. No. 51227J
Schedule M (Form 990) (2013)
Schedule M (Form 990) (2013)
Page 2
Part II
Supplemental Information. Provide the information required by Part I, lines 30b,
32b, and 33, and whether the organization is reporting in Part I, column (b), the number of contributions, the number of items received, or a combination of both. Also complete this part for any additional information.
Return Reference Explanation
SCHEDULE M, LINE 32B THE COLLEGE RECEIVES DONATIONS IN THE FORM OF COMMON STOCK AND OTHER PUBLICLY TRADED SECURITIES AND HAS HIRED LICENSED BROKERS TO SELL THESE SECURITIES FOR THE COLLEGE.
Schedule M (Form 990) (2013)
Additional Data


Software ID:  
Software Version:  
SCHEDULE N
(Form 990 or 990-EZ)
Department of the Treasury
Internal Revenue Service
Liquidation, Termination, Dissolution, or Significant Disposition of Assets
bullet Complete if the organization answered "Yes" to Form 990, Part IV, lines 31 or 32; or Form 990-EZ, line 36.
bullet Attach certified copies of any articles of dissolution, resolutions, or plans.
bullet Attach to Form 990 or 990-EZ.
bulletInformation about Schedule N (Form 990 or 990-EZ) and its instructions is at www.irs.gov/form990.
OMB No. 1545-0047
2013
Open to Public
Inspection
Name of the organization
Baylor College of Medicine
 
Employer identification number
74-1613878
Part I
Liquidation, Termination, or Dissolution. Complete this part if the organization answered "Yes" to Form 990, Part IV, line 31, or Form 990-EZ, line 36.
Part I can be duplicated if additional space is needed.Click to see attachment
1(a)Description of asset(s)
distributed or transaction
expenses paid		 (b)Date of
distribution		 (c)Fair market value of
asset(s) distributed or
amount of transaction
expenses		 (d)Method of
determining FMV for
asset(s) distributed or
transaction expenses		 (e)EIN of recipient (f)Name and address of recipient (g)IRC section
of recipient(s) (if
tax-exempt) or type
of entity




















Yes
No
2
Did or will any officer, director, trustee, or key employee of the organization:
a
Become a director or trustee of a successor or transferee organization? . . . . . . . . . . . . . . . . . . . . .
2a
 
 
b
Become an employee of, or independent contractor for, a successor or transferee organization? . . . . . . . . . . . . . . . .
2b
 
 
c
Become a direct or indirect owner of a successor or transferee organization? . . . . . . . . . . . . . . . . . . . .
2c
 
 
d
Receive, or become entitled to, compensation or other similar payments as a result of the organization's liquidation, termination, or dissolution? . . . . .
2d
 
 
e
If the organization answered "Yes" to any of the questions on lines 2a through 2d, provide the name of the person involved and explain in Part III. bullet
For Paperwork Reduction Act Notice, see the Instructions for Form 990 or Form 990-EZ.
Cat. No. 50087Z
Schedule N (Form 990 or 990-EZ) (2013)

Schedule N (Form 990 or 990-EZ) (2013)
Page 2
Part I
Liquidation, Termination, or Dissolution (continued)
Note. If the organization distributed all of its assets during the tax year, then Form 990, Part X, column (B), line 16 (Total assets), and line 26 (Total liabilities), should equal -0-.
Yes
No
3
Did the organization distribute its assets in accordance with its governing instrument(s)? If "No," describe in Part III . . . . . . . . . . .
3
 
 
4a
Is the organization required to notify the attorney general or other appropriate state official of its intent to dissolve, liquidate, or terminate? . . . . . .
4a
 
 
b
If "Yes," did the organization provide such notice? . . . . . . . . . . . . . . . . . . . . . . . . . .
4b
 
 
5
Did the organization discharge or pay all of its liabilities in accordance with state laws? . . . . . . . . . . . . . . . . .
5
 
 
6a
Did the organization have any tax-exempt bonds outstanding during the year? . . . . . . . . . . . . . . . . . . . .
6a
 
 
b
Did the organization discharge or defease all of its tax-exempt bond liabilities during the tax year in accordance with the Internal Revenue Code and state laws? .
6b
 
 
c
If "Yes" to line 6b, describe in Part III how the organization defeased or otherwise settled these liabilities. If "No," explain in Part III.

Part II
Sale, Exchange, Disposition, or Other Transfer of More Than 25% of the Organization's Assets. Complete this part if the organization answered "Yes" to Form 990, Part IV, line 32, or Form 990-EZ, line 36. Part II can be duplicated if additional space is needed.
1(a) Description of asset(s)
distributed or transaction
expenses paid		 (b) Date of
distribution		 (c) Fair market value of
asset(s) distributed or
amount of transaction
expenses		 (d) Method of
determining FMV for
asset(s) distributed or
transaction expenses		 (e) EIN of recipient (f) Name and address of recipient (g) IRC section
of recipient(s) (if
tax-exempt) or type
of entity
SEE PART III 01-01-2014 330,000,000 VALUED BY EXPERTS 74-1161938 ST LUKE'S MEDICAL CENTER
6720 BERTNER AVENUE
HOUSTON,TX77030 		501(C)(3)
















Yes
No
2
Did or will any officer, director, trustee, or key employee of the organization:
a
Become a director or trustee of a successor or transferee organization? . . . . . . . . . . . . . . . . . . . . .
2a
 
 
b
Become an employee of, or independent contractor for, a successor or transferee organization? . . . . . . . . . . . . . . . .
2b
 
 
c
Become a direct or indirect owner of a successor or transferee organization? . . . . . . . . . . . . . . . . . . . . .
2c
 
 
d
Receive, or become entitled to, compensation or other similar payments as a result of the organization’s significant disposition of assets? . . . . . . .
2d
 
 
e
If the organization answered "Yes" to any of the questions on lines 2a through 2d, provide the name of the person involved and explain in Part III. bullet
Schedule N(Form 990 or 990-EZ) (2013)

Schedule N (Form 990 or 990-EZ) (2013)
Page 3
Part III
Supplemental Information. Provide the information required by Part I, lines 2e and 6c, and Part II, line 2e. Also complete this part to provide any additional information.
Return Reference Explanation
SCHEDULE N, PART II, LINE 1A THE COLLEGE CONTRIBUTED CASH AND CERTAIN REAL PROPERTY AND IMPROVEMENTS, INCLUDING A PORTION OF THE REAL PROPERTY GENERALLY KNOWN AS THE "MCNAIR CAMPUS", THE HOSPITAL/CLINIC BUILDING LOCATED ON The MCNAIR CAMPUS (EXCEPT FOR A PORTION OF THE TOP FIVE FLOORS TO BE USED FOR the COLLEGE'S CLINICAL OPERATIONS AND A CONFERENCE CENTER ON THE FIRST FLOOR). IN EXCHANGE, THE COLLEGE RECEIVED A 35 PERCENT MEMBERSHIP INTEREST IN CHI ST. LUKE'S HEALTH BAYLOR COLLEGE OF MEDICINE MEDICAL CENTER, A TEXAS NON-PROFIT CORPORATION EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(A) OF THE CODE, AS AN ORGANIZATION DESCRIBED IN SECTION 501(C)(3). SCHEDULE N, PART II, LINE 1c Buildings & Improvements $ 108,000,000 Land $ 92,600,000 Equipment $ 40,500,000 Intangible - Use of BCM trade name $ 51,000,000 Cash $ 33,000,000 Jamail ASC assets $ 4,900,000 Total assets transferred $ 330,000,000 SCHEDULE N, PART II, LINE 1F CHI ST. LUKE'S HEALTH BAYLOR COLLEGE OF MEDICINE MEDICAL CENTER IS THE FULL NAME OF THE NEW TEXAS NON PROFIT CORPORATION EXEMPT FROM FEDERAL TAX UNDER 501(c)(3) OF THE CODE. SCHEDULE N, PART II, LINE 2E WAYNE KEATHLEY, A FORMER KEY EMPLOYEE OF BAYLOR COLLEGE OF MEDICINE AND LISTED ON FORM 990, PART VII, SECTION A, IS PRESIDENT OF CHI ST. LUKE'S BAYLOR COLLEGE OF MEDICINE MEDICAL CENTER. WAYNE KEATHLEY WILL RECEIVE COMPENSATION FOR HIS ROLE AS PRESIDENT OF THIS ORGANIZATION.
Schedule N (Form 990 or 990-EZ) (2013)


Additional Data


Software ID:  
Software Version:  


SCHEDULE O
(Form 990 or 990-EZ)

Department of the Treasury
Internal Revenue Service
Supplemental Information to Form 990 or 990-EZ

Complete to provide information for responses to specific questions on
Form 990 or to provide any additional information.
MediumBullet Attach to Form 990 or 990-EZ.
MediumBullet Information about Schedule O (Form 990 or 990-EZ) and its instructions is at
www.irs.gov/form990.
OMB No. 1545-0047
2013
Open to Public
Inspection
Name of the organization
Baylor College of Medicine
 
Employer identification number

74-1613878
Return Reference Explanation
FORM 990, PART III, LINE 4D OTHER PROGRAM SERVICES ACADEMIC SUPPORT - DEPARTMENTAL TEACHING AND RESEARCH SUPPORT FUNDS FROM VARIOUS DONORS AND SOURCES. RESEARCH AND INSTRUCTION EFFORTS ARE INCLUDED IN ACADEMIC SUPPORT. LIBRARY EXPENSES ARE ALSO INCLUDED IN THIS CATEGORY. EXPENSES - $20,351,866 GRANTS - $913,307 REVENUE - $3,436,863 Form 990, PART VI, SECTION A, LINE 1 The members of the executive committee of the Board of Trustees are chosen by the board and must be trustees. They shall not number less than seven members and at least one third of the number of members of the executive committee shall be necessary to constitute a quorum. Exceptions provided in the bylaws of Baylor College of Medicine, Section 2.13. They shall have and may exercise the authority of the Board of Trustees in the management of the corporation including, but without limitation, the authority to execute legal instruments with or without the corporate seal. FORM 990, PART VI, SECTION A, LINE 2 Family Relationships: Trustee Sally Anderson Clark and Trustee John Anderson M.D. have a family relationship. Trustee Marc Shapiro and Trustee Greg Brenneman have a business relationship. Trustee Bob McNair and Trustee Robert Underbrink have a business relationship. Trustee Robert Underbrink and Bill Walker have a business relationship. FORM 990, PART VI, SECTION A, LINE 4 The following Corporate Bylaws were amended on March 26, 2014: *addition of Group 3 Trustees (Article II, 2.2, and other references throughout the bylaws) *clarification re Alumni Association nomination and election process (Article II, 2.2) *simplified wording re Annual Meeting (Article II, 2.8) *removed Article X which addressed medical staff and was no longer applicable given the JV with CHI FORM 990, PART VI, SECTION A, LINE 6 The organization does not have members per its articles of incorporation. Certain corporate actions require the prior approval of Baylor University. In addition 25% of BCM's trustees serve at the pleasure of Baylor University. Form 990, Part VI, Section A, line 7a The trustees shall be divided into two groups, one of such groups to be comprised of at least one fourth of the maximum number of trustees. The other such group to be comprised of the remainder of the number of trustees. The first group of trustees (25%) shall be elected by the Baylor University board and such board shall also determine the terms of office for such group. Form 990, Part VI, Section A, line 7b Certain assets owned by Baylor University and conveyed to BCM When Baylor University transferred assets to BCM have certain limitations As to use and Baylor University retained certain other rights described below. In addition, certain corporate actions require the prior approval of Baylor University. Any dissolution, merger, or consolidation must be approved by both a majority of the trustees of the corporation and a majority of the members of the board of trustees of Baylor University. No such plan of merger, consolidation or dissolution shall be adopted unless such plan requires the assets to be transferred to the new entity which is a private, non-profit scientific or educational corporation, trust or association, or to some governmental agency or organization engaged in charitable, scientific, or educational activities. Form 990, Part VI, Section B, line 11b A copy of Form 990 is provided to the organization's governing Board of Trustees for review and questions before filing. The Audit Committee reviews Form 990 to make sure it is complete before submitting it to the trustees for their approval. Management then presents Form 990 to the trustees. MANAGEMENT make themselves available to answer the trustee's questions. Form 990, Part VI, Section B, line 12c The President of the College appoints a Conflict of Interest Committee that has responsibility for administering and interpreting the policy. The Conflict of Interest Committee meets as often as its Chairman shall determine, and it periodically reports on its activities to the President, to the Academic Council, and to the Audit Committee of the Board of Trustees of the College. Any disclosures mandated under the policy are reviewed and disposed of in advance by the Conflict of Interest Committee and are reported periodically to the Audit Committee of the College's Board of Trustees. Decisions of the Committee may be appealed to the President of the College through the electronic conflict of interest disclosure system. Each officer, director and trustee is required to read the policy, answer a questionnaire and sign the questionnaire annually. There will be an appropriate follow up if all of the questionnaires are not returned. The committee makes a good faith effort to obtain all of the signed questionnaires. The Audit Committee of the Board of Trustees (or a Subcommittee appointed by the Audit Committee) is responsible for administering the trustee policy. The committee utilizes forms by which trustees periodically verify that they are in compliance with the policy. Such forms are distributed as determined by the Committee, which normally will be once a year. All communications regarding disclosures and determinations of conflict of interest are maintained in confidence. Form 990, Part VI, Section B, lineS 15A AND 15B Annually the College hires a qualified independent compensation consultant to review and assess current compensation and any proposed modifications for the president and chief executive officer, other senior officers, chairs, deans, vice presidents, and those employees earning over a certain dollar threshold. The Management Development and Compensation Committee of the Board of Trustees (the "MD&C Committee") reviews and in reliance on the report from the independent compensation consultant which includes an opinion on the "reasonableness" and "fair market value" of proposed compensation, may modify the compensation for the president and chief executive officer. The committee documents the basis for its determination on such compensation concurrently with making the determination. Annually the president and chief executive officer, after consulting the report from the qualified independent compensation consultant, may recommend changes to compensation for other senior officers, chairs, deans, vice presidents, and those employees earning over a certain dollar threshold. The MD&C Committee reviews the president's recommendation and, in reliance on the report from the independent compensation, consultant that includes an opinion on the "reasonableness" and "fair market value" of proposed compensation may modify the compensation for other senior officers, chairs, deans, vice presidents, and those employees earning over a certain dollar threshold. The committee documents the basis for its determination on such compensation concurrently with making the determination. The process for determining and modifying compensation for the president and chief executive officer, other senior officers, chairs, deans, vice presidents, and those employees earning over a certain dollar threshold, includes a review and assessment by a qualified independent compensation consultant, which assessment includes comparability data that the MD&C Committee considers and relies on before setting/modifying compensation for the president and chief executive officer, other senior officers, chairs, deans, vice presidents, and those employees earning over a certain dollar threshold. The MD&C Committee documents the basis for its determination concurrently with making the determination. Form 990, Part VI, Section C, line 19 The governing documents and conflict of interest policy are made available upon request. The audited financials are on the college's web site that is available to the public. Form 990, Part XI, line 9 Other Changes in Net Assets Expenses from Schedule K-1s of partnerships Absorb loss carryforward - $46,568 BK/Tax Diff - Tax gain on a distribution of cash - ($384,652) BK/Tax Diff - Distributions from Mars/McLean trust- $101,726 BK/Tax Diff - income and deductions from partnership investments - ($2,667,095) BK/Tax Diff - income and deductions from BCM Trust - ($5,924,050) BK/Tax Diff - gain on contribution to the new joint venture - $149,980,790 Total - $141,153,287 Form 990 Part XII Line 2 Explanation: Baylor College of Medicine is audited by independent auditors. However the audit is performed on a consolidated basis and thus combines other entities in the audit with Baylor College of Medicine. For instance its wholly owned corporation is included in the financial statements. This entity does not receive a separate company audit. The organization does have an audit committee that assumes responsibility for oversight of the audit.
FORM 990 PART IX LINE 11G DESCRIPTION:ANSWERING TOTAL FEES:519468
FORM 990 PART IX LINE 11G DESCRIPTION:ARCHITECT TOTAL FEES:13602
FORM 990 PART IX LINE 11G DESCRIPTION:BANKING TOTAL FEES:1075646
FORM 990 PART IX LINE 11G DESCRIPTION:BUILDING MAINTENANCE TOTAL FEES:80451
FORM 990 PART IX LINE 11G DESCRIPTION:OUTSIDE BILLING TOTAL FEES:2573527
FORM 990 PART IX LINE 11G DESCRIPTION:CATERING/FOOD TOTAL FEES:2088327
FORM 990 PART IX LINE 11G DESCRIPTION:SUBCONTRACTS TOTAL FEES:2054566
FORM 990 PART IX LINE 11G DESCRIPTION:CONSULTATION TOTAL FEES:17864513
FORM 990 PART IX LINE 11G DESCRIPTION:SOFTWARE MAINTENANCE TOTAL FEES:4889390
FORM 990 PART IX LINE 11G DESCRIPTION:MAINTENANCE CONTRACTS TOTAL FEES:13454340
FORM 990 PART IX LINE 11G DESCRIPTION:CUSTODIAL TOTAL FEES:1391574
FORM 990 PART IX LINE 11G DESCRIPTION:CCM CHARGES TOTAL FEES:9260423
FORM 990 PART IX LINE 11G DESCRIPTION:ELECTRONICS TOTAL FEES:187895
FORM 990 PART IX LINE 11G DESCRIPTION:ELECTRICAL TOTAL FEES:278828
FORM 990 PART IX LINE 11G DESCRIPTION:HONORARIUMS TOTAL FEES:308128
FORM 990 PART IX LINE 11G DESCRIPTION:SERVICE AWARDS TOTAL FEES:65925
FORM 990 PART IX LINE 11G DESCRIPTION:HOSPITAL COSTS TOTAL FEES:480698
FORM 990 PART IX LINE 11G DESCRIPTION:SPEC SERV FAC TOTAL FEES:29473308
FORM 990 PART IX LINE 11G DESCRIPTION:LABORATORY ANALYSIS TOTAL FEES:10341276
FORM 990 PART IX LINE 11G DESCRIPTION:LAUNDRY TOTAL FEES:326716
FORM 990 PART IX LINE 11G DESCRIPTION:LIBRARY TOTAL FEES:2686253
FORM 990 PART IX LINE 11G DESCRIPTION:CLINICAL RSRCH OFF SUPP TOTAL FEES:39
FORM 990 PART IX LINE 11G DESCRIPTION:PATIENT COSTS TOTAL FEES:1100
FORM 990 PART IX LINE 11G DESCRIPTION:PHOTOGRAPHIC TOTAL FEES:86452
FORM 990 PART IX LINE 11G DESCRIPTION:PRINT SHOP TOTAL FEES:4885
FORM 990 PART IX LINE 11G DESCRIPTION:RECORD STORAGE/RETRIV TOTAL FEES:476769
FORM 990 PART IX LINE 11G DESCRIPTION:ENVIORN SAFETY CHARGES TOTAL FEES:66177
FORM 990 PART IX LINE 11G DESCRIPTION:REIMBURSEMENT SALARY/FRINGE TOTAL FEES:1435230
FORM 990 PART IX LINE 11G DESCRIPTION:REPAIRS TOTAL FEES:1180060
FORM 990 PART IX LINE 11G DESCRIPTION:WORK ORDER TOTAL FEES:10918056
FORM 990 PART IX LINE 11G DESCRIPTION:SUBCONTRACTS TOTAL FEES:43959912
FORM 990 PART IX LINE 11G DESCRIPTION:TRANSPORTATION TOTAL FEES:74452
FORM 990 PART IX LINE 11G DESCRIPTION:TEMPORARY HELP TOTAL FEES:3366455
FORM 990 PART IX LINE 11G DESCRIPTION:TRANSCRIPTION TOTAL FEES:99341
FORM 990 PART IX LINE 11G DESCRIPTION:OTHER SERVICES TOTAL FEES:37028419
For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ.
Cat. No. 51056K
Schedule O (Form 990 or 990-EZ) 2013

Additional Data


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SCHEDULE R
(Form 990)
Department of the Treasury
Internal Revenue Service
Related Organizations and Unrelated Partnerships
MediumBulletComplete if the organization answered "Yes" on Form 990, Part IV, line 33, 34, 35b, 36, or 37.
MediumBulletAttach to Form 990. MediumBullet See separate instructions.
MediumBullet Information about Schedule R (Form 990) and its instructions is at www.irs.gov/form990.

OMB No. 1545-0047
2013
Open to Public Inspection
Name of the organization
Baylor College of Medicine
 
Employer identification number

74-1613878
Part I
Identification of Disregarded Entities Complete if the organization answered "Yes" on Form 990, Part IV, line 33.
(a)
Name, address, and EIN (if applicable) of disregarded entity


(b)
Primary activity


 		(c)
Legal domicile (state
or foreign country)

 		(d)
Total income


 		(e)
End-of-year assets


 		(f)
Direct controlling
entity










Part II
Identification of Related Tax-Exempt Organizations Complete if the organization answered "Yes" on Form 990, Part IV, line 34 because it had one or more related tax-exempt organizations during the tax year.
(a)
Name, address, and EIN of related organization


(b)
Primary activity


 		(c)
Legal domicile (state
or foreign country)

 		(d)
Exempt Code section


 		(e)
Public charity status
(if section 501(c)(3))

 		(f)
Direct controlling
entity

 		(g)
Section 512(b)(13) controlled entity?
Yes No
(1) AFFILIATED MEDICAL SERVICES

1502 TAUB LOOP N PC BUILDING B067

HOUSTON,TX77030
76-0259042 		HLTHCARE DEL TX 501(c)(3) 11-TYPE 1 BCM
 
Yes
 
(2) BAYLOR MEDICAL FOUNDATION

ONE BAYLOR PLAZA

HOUSTON,TX77030
74-1490000 		support BCM TX 501(c)(3) 11-type 2 NA
 
 
No
(3) BAYLOR INTERNATIONAL PED AIDS INIT

ONE BAYLOR PLAZA

HOUSTON,TX77030
20-2951275 		CHILDREN CARE TX 501(C)(3) 11-TYPE 1 BCM
 
Yes
 
(4) NATIONAL SPACE BIOMEDICAL RESEARCH

ONE BAYLOR PLAZA

HOUSTON,TX77030
76-0548799 		BIOMEDL RSRCH TX 501(C)(3) 7 BCM
 
Yes
 
(5) BAYLOR COLLEGE OF MEDICINE HEALTHCARE

ONE BAYLOR PLAZA

HOUSTON,TX77030
76-0481211 		HLTHCARE DEL TX 501(c)(3) 3 BCM
 
Yes
 
(6) ALLBRITTON-ALFORD ENDOWMENT FUND

4400 POST OAK PARKWAY

HOUSTON,TX77027
52-6934320 		SUPPT RESRCH TX 501(c)(3) 11-TYPE 1 BCM
 
Yes
 


For Paperwork Reduction Act Notice, see the Instructions for Form 990.
Cat. No. 50135Y
Schedule R (Form 990) 2013
Schedule R (Form 990) 2013
Page 2
Part III
Identification of Related Organizations Taxable as a Partnership Complete if the organization answered "Yes" on Form 990, Part IV, line 34 because it had one or more related organizations treated as a partnership during the tax year.
(a)
Name, address, and EIN of
related organization



 		(b)
Primary activity




 		(c)
Legal
domicile
(state or foreign
country)


 		(d)
Direct controlling
entity



 		(e)
Predominant income(related, unrelated, excluded from tax under sections 512-514)

(f)
Share of total income




 		(g)
Share of end-of-year
assets



 		(h)
Disproprtionate allocations?




 		(i)
Code V-UBI
amount in box 20 of
Schedule K-1
(Form 1065)
 		(j)
General or
managing
partner?



 		(k)
Percentage
ownership
Yes No Yes No
(1) BCM VENTURES MGMT

2 GREENWAY PLAZA 910
HOUSTON,TX77030
20-5541357 		INVESTMENT TX BCM TECHNO
  		EXCLUDED -321 122,450   No     No 31.980 %
(2) COMMUNITY PATHOLOGY PLLC

1 BAYLOR PLZ
HOUSTON,TX77030
32-0167640 		PATHOLOGY SVCS TX BCM
  		N/A       No     No 100.000 %
(3) BCM TECH I LP

2 GREENWAY PLZ 910
HOUSTON,TX77030
20-5541490 		INVESTMENT TX BCM
  		excluded 46,568 581,136   No     No 30.910 %








Part IV
Identification of Related Organizations Taxable as a Corporation or Trust Complete if the organization answered "Yes" on Form 990, Part IV, line 34 because it had one or more related organizations treated as a corporation or trust during the tax year.
(a)
Name, address, and EIN of
related organization
 		(b)
Primary activity
 		(c)
Legal
domicile
(state or foreign
country)
 		(d)
Direct controlling
entity
 		(e)
Type of entity
(C corp, S corp,
or trust) 		(f)
Share of total income
 		(g)
Share of end-of-year
assets
 		(h)
Percentage
ownership
 		(i)
Section 512(b)(13) controlled entity?
Yes No
(1) BCM TECHNOLOGIES INC

2 GREENWAY PLZ 910
HOUSTON,TX77030
76-0112935 		INVESTMENT DE BCM
  		C CORP 14,735 2,703,111 100.000 % Yes  
(2) BAYLOR COLLEGE OF MED RADIOLOGY

ONE BAYLOR PLAZA
HOUSTON,TX77030
20-4258051 		RADIOLOGY SVCS TX BCM
  		C CORP       Yes  
(3) PRESCRIPTIVE INSURANCE CO

23 LIME TREE BAY AVE PO BOX 1051
GRAND CAYMAN FC    
CJ
74-1613878 		INVESTMENTS CJ BCM
  		C CORP 63,393 2,569,376   Yes  
(4) BAYLOR COLLEGE OF MED PATHOLOGY

ONE BAYLOR PLAZA
HOUSTON,TX77030
32-0161879 		PATHOLOGY SVCS TX BCM
  		C CORP       Yes  






Schedule R (Form 990) 2013
Schedule R (Form 990) 2013
Page 3
Part V
Transactions With Related Organizations Complete if the organization answered "Yes" on Form 990, Part IV, line 34, 35b, or 36.
Note. Complete line 1 if any entity is listed in Parts II, III, or IV of this schedule.
Yes
No
1 During the tax year, did the orgranization engage in any of the following transactions with one or more related organizations listed in Parts II-IV?
a Receipt of (i) interest (ii) annuities (iii) royalties or (iv) rent from a controlled entity . . . . . . . . . . . . . . . . . . . . . . .
1a
 
No
b Gift, grant, or capital contribution to related organization(s) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1b
Yes
 
c Gift, grant, or capital contribution from related organization(s) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1c
Yes
 
d Loans or loan guarantees to or for related organization(s) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1d
Yes
 
e Loans or loan guarantees by related organization(s) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1e
 
No
f Dividends from related organization(s) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1f
 
No
g Sale of assets to related organization(s) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1g
 
No
h Purchase of assets from related organization(s) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1h
 
No
i Exchange of assets with related organization(s) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1i
 
No
j Lease of facilities, equipment, or other assets to related organization(s) . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1j
 
No
k Lease of facilities, equipment, or other assets from related organization(s) . . . . . . . . . . . . . . . . . . . . . . . . . . .
1k
 
No
l Performance of services or membership or fundraising solicitations for related organization(s) . . . . . . . . . . . . . . . . . . . .
1l
Yes
 
m Performance of services or membership or fundraising solicitations by related organization(s) . . . . . . . . . . . . . . . . . . . .
1m
 
No
n Sharing of facilities, equipment, mailing lists, or other assets with related organization(s) . . . . . . . . . . . . . . . . . . . . .
1n
 
No
o Sharing of paid employees with related organization(s) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1o
Yes
 
p Reimbursement paid to related organization(s) for expenses . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1p
 
No
q Reimbursement paid by related organization(s) for expenses . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1q
 
No
r Other transfer of cash or property to related organization(s) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1r
 
No
s Other transfer of cash or property from related organization(s) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1s
 
No
2
If the answer to any of the above is "Yes," see the instructions for information on who must complete this line, including covered relationships and transaction thresholds.
(a)
Name of related organization 		(b)
Transaction
type (a-s) 		(c)
Amount involved 		(d)
Method of determining amount involved
(1) BAYLOR MEDICAL FOUNDATION

 C 781,204 GENERAL LEDGER
(2) BAYLOR MEDICAL FOUNDATION

 O 547,066 GENERAL LEDGER
(3) BCM TECHNOLOGIES INC

 D 2,812,093 BALANCE SHEET
(4) BAYLOR MEDICAL FOUNDATION

 D 172,569 GENERAL LEDGER
(5) BAYLOR INT PEDIATRIC AIDS INITIATIVE

 D 1,800,345 BALANCE SHEET
(6) BCM HEALTHCARE

 D 888,330 BALANCE SHEET
(7) NATIONAL SPACE BIOMEDICAL RESEARCH INSTITUTE

 C 20,756,362 GENERAL LEDGER
(8) NATIONAL SPACE BIOMEDICAL RESEARCH INSTITUTE

 O 2,379,744 RECORDS
Schedule R (Form 990) 2013
Schedule R (Form 990) 2013
Page 4
Part VI
Unrelated Organizations Taxable as a Partnership Complete if the organization answered "Yes" on Form 990, Part IV, line 37.
Provide the following information for each entity taxed as a partnership through which the organization conducted more than five percent of its activities (measured by total assets or gross revenue) that was not a related organization. See instructions regarding exclusion for certain investment partnerships.
(a)
Name, address, and EIN of entity 		(b)
Primary activity 		(c)
Legal domicile
(state or foreign
country) 		(d)
Predominant income (related, unrelated, excluded from tax under sections 512-514)

(e)
Are all partners
section
501(c)(3)
organizations? 		(f)
Share of total income




 		(g)
Share of
end-of-year
assets 		(h)
Disproprtionate allocations? 		(i)
Code V?UBI
amount in box 20
of Schedule K-1
(Form 1065) 		(j)
General or
managing
partner? 		(k)
Percentage
ownership
Yes No Yes No Yes No






























Schedule R (Form 990) 2013
Schedule R (Form 990) 2013
Page 5
Part VII
Supplemental Information
Provide additional information for responses to questions on Schedule R (see instructions).
Return Reference Explanation
Schedule R (Form 990) 2013
Additional Data


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