2015-05-15T09:33:30-05:00 2014-06-30 ERNST & YOUNG US LLP 425 HOUSTON STREET SUITE 600 FORT WORTH TX 76102 990 2013-07-01 741613878 Baylor College of Medicine % KIMBERLY COTNER DAVID BAYL 7137985627 ONE BAYLOR PLAZA NO T100 Suite HOUSTON TX 770303498 Julie Nickell CFO 2015-05-14 2013 2016-03-07 17:11:31Z PAUL E KLOTMAN MD ONE BAYLOR PLAZA HOUSTON TX 770303498 1651741355 false X www.bcm.edu X 1900 TX BAYLOR COLLEGE OF MEDICINE IS COMMITTED TO ADVANCING HUMAN HEALTH THROUGH THE INTEGRATION OF PATIENT CARE, RESEARCH, EDUCATION, AND COMMUNITY SERVICES. 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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. 401388008 2924141 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. 102564144 15588163 15299501 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. 20351866 913307 3436863 1273141032 true true false true false false false false false true true true false false true true false true true false true true false false true false false false true true true false false false false false false false false false false true false false true false true true true false true X 1477 0 true 11777 true true true true BC CJ LT MI SZ UG UK CO false false false true true false false false false X 46 46 true false true false false true true true true false false true true true true true true true true true true X KIMBERLY COTNER DAVID 7137981543 ONE BAYLOR PLAZA 110C HOUSTON TX 77030 X BARBARA B ALLBRITTON TRUSTEE 2.0 0.0 X 0 0 0 JOHN F ANDERSON MD TRUSTEE 2.0 0.0 X 0 0 0 DAVID C BALDWIN TRUSTEE 5.0 0.0 X 0 0 0 GREGORY D BRENNEMAN TRUSTEE 4.0 0.0 X 0 0 0 ROBERT L BREWTON TRUSTEE 4.0 0.0 X 0 0 0 PASTOR KH CALDWELL TRUSTEE 1.5 0.0 X 0 0 0 W FRED CAMERON DECEASED TRUSTEE 2.0 0.0 X 0 0 0 JAMES Y CHAO TRUSTEE 3.0 0.0 X 0 0 0 SALLY ANDERSON CLARK TRUSTEE 4.0 0.0 X 0 0 0 SHAUNA J CLARK TRUSTEE 3.0 0.0 X 0 0 0 MILANE DUNCAN-FRANTZ TRUSTEE 3.0 0.0 X 0 0 0 JAMES C FLORES TRUSTEE 2.0 0.0 X 0 0 0 JAMES T HACKETT TRUSTEE 3.0 0.0 X 0 0 0 GERALD W HADDOCK TRUSTEE 7.0 0.0 X 0 0 0 LARRY P HEARD TRUSTEE 2.0 0.0 X 0 0 0 PAUL W HOBBY TRUSTEE 2.0 0.0 X 0 0 0 NED S HOLMES TRUSTEE (resigned 9/5/13) 1.5 0.0 X 0 0 0 JOHN R HUFF TRUSTEE 2.0 0.0 X 0 0 0 JODIE L JILES TRUSTEE 2.0 0.0 X 0 0 0 ELISE ELKINS JOSEPH TRUSTEE 2.0 0.0 X 0 0 0 CAROLYN DINEEN KING TRUSTEE 8.0 0.0 X 0 0 0 HAROLD M KORELL TRUSTEE 1.5 0.0 X 0 0 0 C BERDON LAWRENCE TRUSTEE 1.0 0.0 X 0 0 0 JACK E LITTLE PHD TRUSTEE 1.0 1.0 X 0 0 0 FRED R LUMMIS TRUSTEE 2.0 1.0 X 0 0 0 JACK L MARTIN TRUSTEE 1.0 0.0 X 0 0 0 DRAYTON MCLANE JR TRUSTEE 0.5 0.0 X 0 0 0 ROBERT C MCNAIR TRUSTEE 2.0 0.0 X 0 0 0 TRINIDAD MENDENHALL SOSA TRUSTEE 0.5 0.0 X 0 0 0 JOHN L NAU III TRUSTEE 0.5 0.0 X 0 0 0 THOMAS R POWERS TRUSTEE 5.0 0.0 X 0 0 0 HARRY M REASONER TRUSTEE 5.0 0.0 X 0 0 0 WILLIAM K ROBBINS JR TRUSTEE 3.5 0.0 X 0 0 0 CORBIN J ROBERTSON JR TRUSTEE 3.0 0.0 X 0 0 0 ALI A SABERIOON TRUSTEE 3.0 0.0 X 0 0 0 AR TONY SANCHEZ JR TRUSTEE 2.0 0.0 X 0 0 0 MARC J SHAPIRO TRUSTEE 15.0 0.0 X 0 0 0 GLENN R SMITH TRUSTEE 1.0 0.0 X 0 0 0 LESTER H SMITH TRUSTEE 1.0 0.0 X 0 0 0 KENNETH W STARR TRUSTEE 5.0 0.0 X 0 0 0 H BEN TAUB DECEASED TRUSTEE 2.0 1.0 X 0 0 0 ROBERT J UNDERBRINK TRUSTEE 1.5 0.0 X 0 0 0 CHUCK WATSON TRUSTEE 5.0 0.0 X 0 0 0 MARK W WHITE TRUSTEE 3.0 0.0 X 0 0 0 CHARLES A WILLIAMS TRUSTEE 1.0 0.0 X 0 0 0 T CLIFFORD DEVENY MD TRUSTEE (effective 1/28/14) 2.0 0.0 X 0 0 0 MELANIE GRAY TRUSTEE (elected 5/19/14) 2.0 0.0 X 0 0 0 MARK A MCCOLLUM TRUSTEE (effective 1/28/14) 2.0 0.0 X 0 0 0 LEONARD C TALLERINE JR TRUSTEE (effective 1/28/14) 2.0 0.0 X 0 0 0 KIMBERLY COTNER DAVID SR.VP & CFO 50.0 1.0 X 539250 0 25115 ADAM KUSPA VICE PRESIDENT 50.0 1.0 X 459817 0 25115 STEPHEN SIGWORTH VICE PRESIDENT 50.0 0.0 X 502479 0 25115 PAUL KLOTMAN PRESIDENT & CEO 50.0 0.0 X 1514218 0 25115 ROBERT F CORRIGAN JR SR VP & GENER 50.0 1.0 X 467182 0 25115 LORIE TABAK CHIEF OF STAFF 50.0 0.0 X 431445 0 25115 WILLIAM D WALKER VP - 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LUKE'S BCM MEDICAL CTR JV INCOME 900099 11987037 11987037 OTHER PROGRAM SERVICES 621110 1130125 1130125 INTEREST: STUDENT LOAN 525990 312382 312382 403207462 26975391 5407 26969984 0 10665472 10665472 120244 120244 0 120244 1431 118813 114248569 20752124 49640034 64608535 20752124 85360659 38778 85321881 100760 560190 191158 -90398 -90398 0 19399 1562 17837 17837 SETTLEMENT PROCEEDS 900099 25415359 25415359 EMPLOYEE PARKING 531120 4556433 4556433 EXPERT WITNESS FEES 541900 1994356 1994356 796043 -158748 954791 32762191 1601908601 405128296 -39610 153930172 X 0 83693713 83693713 5841717 5841717 0 16036031 6385526 9257816 392689 50320 50320 762464472 698998423 59890690 3575359 36772500 34284221 2444868 43411 68646971 64001848 4564084 81039 41227840 38438082 2741087 48671 0 4963954 133561 4830393 842985 482790 360195 0 0 9277083 3415393 5835408 26282 198112201 153093215 44620457 398529 2192119 27961 2164158 10430449 7015065 3270560 144824 8117914 5150843 2956581 10490 0 25442026 11131084 14310942 9134223 8465904 631300 37019 0 2530085 2327247 173632 29206 32078564 2808453 29270111 0 60437593 55000643 5251964 184986 25675286 2572469 23102342 475 SUPPLIES & OTHER 83603888 93865963 -10377128 115053 EMPLOYEE RECRUITING COSTS 6509332 4176564 2233558 99210 DUES/MEMBERSHIP 3496095 2831265 620783 44047 BAD DEBT EXPENSE 1190459 1190459 1830544 -11000918 12753663 77799 1500598364 1273141032 222148243 5309089 109057817 26588065 111549468 106210960 156606668 164680665 476918457 510637673 0 0 0 0 0 0 4177237 4212232 10121661 11856400 1136829463 704422823 569819016 432406640 479855998 539047187 385471165 815228568 18768107 18864786 0 0 6274227 6864097 2328619821 2636597273 579764669 539510412 71903609 90035032 6009820 6041136 534743410 526926692 0 0 0 0 5946990 29938507 0 0 111020318 110737575 1309388816 1303189354 X 174980680 414693841 459128790 513399942 385121535 405314136 1019231005 1333407919 2328619821 2636597273 X 101310237 71713390 141153287 X X false true X true true true X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED true true false false false false true 1174177 false false 1174177 false 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. 875466075 25747141 162148229 39594733 1023766712 797276599 18133483 98116751 38060758 875466075 839779347 21739638 -1574109 62668277 797276599 793303356 32598886 169899819 156022714 839779347 719348878 14371052 113514429 53931003 793303356 0.33170 0.66460 0.00370 true false 2152455 5269261 7421716 621213184 313554652 307658532 117041307 90160629 26880678 388035347 298539963 89495384 3117909 2167579 950330 432406640 ABRY MEZZANINE PARTNERS, LP 551463 F ABRY PARTNERS V, LP 1524778 F ABRY PARTNERS VI, LP 5685298 F ABRY PARTNERS VII, LP 7391329 F ABRY SENIOR EQUITY II, LP 1463220 F ABRY SENIOR EQUITY IV, LP 1530187 F APRENDA SYSTEMS, LLC 225263 F AUXERIS THERAP, 946 SHARES 1 F BAYLOR MEDICAL FOUNDATION 39864167 F BCM TECHNOLOGIES 1, LP 551402 F BCM TECHNOLOGIES, LP 10955752 F BRIDGEPOINT EUROPE II A, LP 1225898 F CSFP GLOBAL OPPORTUNITITES FD 4795 F DLJ MERCHANT BANKING PNRS III 1204190 F EQUUS-BPG FUND IX 6368793 F FAIRWAY MEDICAL TECH, INC. 1 F FHJ SCIENTIFIC 1 F FINGER 1% LTD PTNR INTERST 138189 F GENE EXCEL, INC. 1 F GMO & CO, INC. 60616253 F HORSLEY BRIDGE III, LP 21522327 F HORSLEY BRIDGE INTER V, LP 11543959 F HORSLEY BRIDGE IV, LP 23720347 F HORSLEY BRIDGE IX, LP 22731477 F HORSLEY BRIDGE VII, LP 15230007 F HORSLEY BRIDGE VIII, LP 25345287 F HUDSON PARTNERSHIP, LTD 100000 F INGENEX, INC. 1 F JOINT VENTURE WITH CHI 333285331 F JPM INCOME & GROWTH RE FUND LP 36284847 F KING RANCH INVESTMENT 20480040 F KING RANCH INVESTMENTS, LP 26006 F METANOME, INC. 327273 F MSCI EMERGING MARKETS BLKROCK 40381052 F OCM OPPORTUNITITES FUND VI, LP 739783 F OCM OPPORTUNITITES FUND VII LP 2214260 F OCM OPPORTUNITITES FUND VIIB 2195644 F PENNYBACKER III, LP 1377898 F PRIVATE EQUITY FAIR VALUE ADJ 6056860 F PROGRESSION THERPEUTICS, INC. 1000 F RREEF AMERICA RE FUND, LP 35068470 F SASCO CAPITAL 57474036 F SENNES DRUG INNOVATIONS INC 1 F STEPSTONEMED, INC. 1 F SWIFT RE PARTNERS FUND I, LP 2628897 F THOMAS H LEE EQUITY FUND V LP 1752823 F TSG4 LP 4329889 F TSG5 LP 10811392 F USRC LP BELLAIRE & SCOTT 298679 F 815228568 0 BONDS PAYABLE COLLEGE TAXABLE SERIES 2012 109121000 GIFT ANNUITIES 1616575 110737575 X 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. true true true true true true true false false false false false false false false true false true 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. true Europe (Including Iceland and Greenland) Grantmaking grants for pediat aids 570937 Sub-Saharan Africa Grantmaking grants for pediat aids 5256709 Europe (Including Iceland and Greenland) Investments investmentS 1225898 East Asia and the Pacific Grantmaking grants for pediat aids 14071 7067615 7067615 Europe (Including Iceland and Greenland) 570937 wire transfr Sub-Saharan Africa 5256709 wire transfr Europe (Including Iceland and Greenland) 14071 WIRE TRANSFR 0 3 true false true true true false 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. TX CRYSTAL BALL 464295 399864 64431 60401 81086 STILETTO STRUT 143530 118530 25000 28891 2 53125 41796 11329 7780 13000 660950 560190 100760 68181 122977 191158 -90398 true SCHOLARSHIPS AND FELLOWSHIPS FOR STUDENTS 3453 83693713 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. X true true X X X X X true false false false false false false false false KIMBERLY COTNER DAVID SR.VP & CFO 448440 0 90000 0 810 0 17147 0 7968 0 564365 0 0 0 JD HOLCOMB VICE PRESIDENT 210961 0 11000 0 10858 0 14872 0 7968 0 255659 0 0 0 ADAM KUSPA VICE PRESIDENT 392075 0 60000 0 7742 0 17147 0 7968 0 484932 0 0 0 STEPHEN SIGWORTH VICE PRESIDENT 448538 0 53131 0 810 0 17147 0 7968 0 527594 0 0 0 PAUL KLOTMAN PRESIDENT & CEO 993034 0 500000 0 21184 0 17147 0 7968 0 1539333 0 0 0 ROBERT F CORRIGAN JR SR VP & GENER 423440 0 42500 0 1242 0 17147 0 7968 0 492297 0 0 0 LORIE TABAK CHIEF OF STAFF 390905 0 40000 0 540 0 17147 0 7968 0 456560 0 0 0 ALEXANDER IZAGUIRRE VP-INFO TECHNOLOGY 344771 0 35000 0 540 0 17147 0 7929 0 405387 0 0 0 RANDALL LEE LANGENDERFER vp AUDIT SERVICES 267443 0 0 0 37165 0 17081 0 7229 0 328918 0 0 0 HIRAM F GILBERT SR VICE PRES (term 7/1/2014) 261228 0 19659 0 4191 0 17147 0 7968 0 310193 0 0 0 DERRICK E PARKER VP BUSINESS DEVELOPMENT 310299 0 33000 0 7309 0 17147 0 7968 0 375723 0 0 0 JULIE B NICKELL VP FINANCE AND PLANNING 253293 0 25000 0 26810 0 17122 0 7968 0 330193 0 0 0 KRISTI COOPER VP DEVELOPMENT 271298 0 77500 0 540 0 17147 0 7968 0 374453 0 0 0 ROCK D MORILLE VP FACILITIES 232543 0 23500 0 7659 0 15847 0 7968 0 287517 0 0 0 CLAIRE M BASSETT VP PUBLIC AFFAIRS 240093 0 24600 0 7720 0 16562 0 7968 0 296943 0 0 0 DAVID H BERGER VP MCNAIR FACILITY 413929 0 30000 0 7742 0 17147 0 7968 0 476786 0 0 0 DANE K FRIEND VP HUMAN RESOURCES 281586 0 27500 0 540 0 17147 0 7968 0 334741 0 0 0 THOMAS MICHAEL WHEELER CHAIRMAN PATHOLOGY 789331 0 138621 0 16564 0 17147 0 7968 0 969631 0 0 0 MICHAEL A BELFORT CHAIRMAN OB GYN 788907 0 98928 0 8822 0 17147 0 7968 0 921772 0 0 0 MICHAEL COBURN CHAIRMAN UROLOGY 666122 0 99550 0 15322 0 17147 0 7968 0 806109 0 0 0 MARK W KLINE CHAIRMAN PEDIATRICS 708736 0 500 0 2322 0 17147 0 7968 0 736673 0 0 0 WILLIAM D WALKER VP - INVESTMENT 475612 0 292800 0 3564 0 17147 0 7968 0 797091 0 0 0 THOMAS R HUNT III ORTHOPEDIC SURGERY 816626 0 259328 0 1242 0 17147 0 7968 0 1102311 0 0 0 TODD ROSENGART CHAIRMAN OF SURGERY 965963 0 292700 0 8086 0 17147 0 7968 0 1291864 0 0 0 JOSEPH COSELLI PROFESSOR 1991465 0 3420 0 3564 0 17147 0 7968 0 2023564 0 0 0 CHARLES FRASER PROFESSOR 1986396 0 0 0 2322 0 17147 0 7968 0 2013833 0 0 0 LARRY LIPSHULTZ PROFESSOR 884354 0 260 0 4326 0 17147 0 7968 0 914055 0 0 0 JOHN A GOSS PROFESSOR 1066224 0 56640 0 7742 0 17147 0 7968 0 1155721 0 0 0 JEFFERY STEPHEN HEINLE PROFESSOR 836284 0 0 0 7742 0 17147 0 7968 0 869141 0 0 0 S GREENBERG VICE PRESIDENT (term 7/1/2014) 507399 0 80305 0 11391 0 17147 0 7968 0 624210 0 0 0 PETER J HOTEZ MD PHD FORMER DEAN-SCHOOL ALLIED HLTH 490514 0 43000 0 2322 0 17147 0 7968 0 560951 0 0 0 TOM KLEINWORTH VP GOV REL 352298 0 35000 0 3564 0 17147 0 7968 0 415977 0 0 0 WAYNE E KEATHLEY PRESIDENT - BCMMC(term 2/8/14) 670811 0 613333 0 3016 0 17037 0 6818 0 1311015 0 0 0 PETER TRABER FORMER PRES EMERITUS 0 0 0 0 457692 0 0 0 0 0 457692 0 0 0 MAYA SURESH Former Chairman Anestesiology 583330 0 66920 0 4191 0 17147 0 7968 0 679556 0 0 0 DAVID WESSON FORMER CHAIRMAN SURGERY 644428 0 69568 0 5730 0 17147 0 7968 0 744841 0 0 0 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. A HARRIS COUNTY CULTURAL EDUCATION FAC FINANCE CORP 760337885 414008AA0 2008-08-27 251893440 RFND BONDS ISSUED 6/11/99 & 8/3/05 false false false B HARRIS CNTY CULTURAL EDUC CNTY HLTH FAC FIN CORP 760337885 414008Bk7 2012-09-06 364304718 RFND PRIOR BOND ISSUES,SEE PART IV false false false A 81545000 0 251893440 16445049 0 0 2955947 27500 0 0 232464944 0 2006 true false true true B 0 0 364304718 0 0 0 3150117 48500 0 0 361106101 0 true false true true A false true true true false 0 true false false false B false true true true false 0 true false false false A false false false true true false 0 false 0 false false B false false false true true true BARCLAYSMERRILL LYN 34. false false false 0 false false A false B false 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. X 36 6953216 AVERAGE OF HIGH/LOW X MED DEVICES 742 8257653 COST X IN KIND DONATIONS 1 2970 COST false true true 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. SEE PART III 2014-01-01 330000000 VALUED BY EXPERTS 741161938 ST LUKE'S MEDICAL CENTER 6720 BERTNER AVENUE HOUSTON TX 77030 501(C)(3) false true false false 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. 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 AFFILIATED MEDICAL SERVICES 1502 TAUB LOOP N PC BUILDING B067 HOUSTON TX 77030 760259042 HLTHCARE DEL TX 501(c)(3) 11-TYPE 1 BCM true BAYLOR MEDICAL FOUNDATION ONE BAYLOR PLAZA HOUSTON TX 77030 741490000 support BCM TX 501(c)(3) 11-type 2 NA false BAYLOR INTERNATIONAL PED AIDS INIT ONE BAYLOR PLAZA HOUSTON TX 77030 202951275 CHILDREN CARE TX 501(C)(3) 11-TYPE 1 BCM true NATIONAL SPACE BIOMEDICAL RESEARCH ONE BAYLOR PLAZA HOUSTON TX 77030 760548799 BIOMEDL RSRCH TX 501(C)(3) 7 BCM true BAYLOR COLLEGE OF MEDICINE HEALTHCARE ONE BAYLOR PLAZA HOUSTON TX 77030 760481211 HLTHCARE DEL TX 501(c)(3) 3 BCM true ALLBRITTON-ALFORD ENDOWMENT FUND 4400 POST OAK PARKWAY HOUSTON TX 77027 526934320 SUPPT RESRCH TX 501(c)(3) 11-TYPE 1 BCM true BCM VENTURES MGMT 2 GREENWAY PLAZA 910 HOUSTON TX 77030 205541357 INVESTMENT TX BCM TECHNO EXCLUDED -321 122450 false false 0.31980 COMMUNITY PATHOLOGY PLLC 1 BAYLOR PLZ HOUSTON TX 77030 320167640 PATHOLOGY SVCS TX BCM N/A false false 1.00000 BCM TECH I LP 2 GREENWAY PLZ 910 HOUSTON TX 77030 205541490 INVESTMENT TX BCM excluded 46568 581136 false false 0.30910 BCM TECHNOLOGIES INC 2 GREENWAY PLZ 910 HOUSTON TX 77030 760112935 INVESTMENT DE BCM C CORP 14735 2703111 1.00000 true BAYLOR COLLEGE OF MED RADIOLOGY ONE BAYLOR PLAZA HOUSTON TX 77030 204258051 RADIOLOGY SVCS TX BCM C CORP true PRESCRIPTIVE INSURANCE CO 23 LIME TREE BAY AVE PO BOX 1051 GRAND CAYMAN FC CJ 741613878 INVESTMENTS CJ BCM C CORP 63393 2569376 true BAYLOR COLLEGE OF MED PATHOLOGY ONE BAYLOR PLAZA HOUSTON TX 77030 320161879 PATHOLOGY SVCS TX BCM C CORP true false true true true false false false false false false false true false false true false false false false BAYLOR MEDICAL FOUNDATION C 781204 GENERAL LEDGER BAYLOR MEDICAL FOUNDATION O 547066 GENERAL LEDGER BCM TECHNOLOGIES INC D 2812093 BALANCE SHEET BAYLOR MEDICAL FOUNDATION D 172569 GENERAL LEDGER BAYLOR INT PEDIATRIC AIDS INITIATIVE D 1800345 BALANCE SHEET BCM HEALTHCARE D 888330 BALANCE SHEET NATIONAL SPACE BIOMEDICAL RESEARCH INSTITUTE C 20756362 GENERAL LEDGER NATIONAL SPACE BIOMEDICAL RESEARCH INSTITUTE O 2379744 RECORDS