Houston, TX

THE DEBAKEY MEDICAL FOUNDATION

EIN 74-6053822

Health & Wellness Medical Research & Training

Mission

To support medical research, education, surgical advancement and related charitable activities through grantmaking and endowed gifts that sustain clinical training, scholarships, awards, and institutions associated with cardiovascular medicine and medical education.

IRS-recognized 501(c)(3) private non-operating foundation Contributions are tax-deductible

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About THE DEBAKEY MEDICAL FOUNDATION

The DeBakey Medical Foundation is a privately endowed philanthropic foundation established by Michael E. DeBakey that provides grants and gifts to medical education, research, and clinical institutions. The organization operates as a 501(c)(3) private foundation (EIN 74-6053822) and maintains active annual Form 990-PF filings; its grants historically and currently support institutions such as Baylor College of Medicine and Houston Methodist.

The foundation remains active in recent years: its most-recent publicly filed Form 990-PF records include fiscal years ending April 2024 and April 2025 (showing multi-million-dollar charitable disbursements and assets in the low-to-mid tens of millions), and it has made major gifts announced by beneficiary institutions (including a $12 million gift announced in 2026 to support Baylor College of Medicine's Lillie and Roy Cullen Tower). EIN 74-6053822 was confirmed against the foundation's IRS Form 990-PF filings and nonprofit registry records.

Notable achievements

Major gift to Baylor Cullen Tower

Provided a $12 million gift announced in 2026 to support construction of Baylor College of Medicine’s Lillie and Roy Cullen Tower to advance medical education and research.

Sustained multi‑million-dollar grantmaking

Recorded charitable disbursements of approximately $3.75 million (fiscal year ending April 2024) and approximately $4.14 million (fiscal year ending April 2025), funding scholarships, institutional support, and program awards.

Longstanding philanthropic legacy

Founded by Michael E. DeBakey in 1961 and tax‑exempt since November 1962, the foundation has a multi‑decade record of supporting surgical education, research and medical humanities.

At a glance

Total assets: $13.6M
Tax status: 501(c)(3)Private non-operating foundation
EIN: 74-6053822
Location: Houston, TX
On Mahalo since: May 2026

Financial figures from the IRS Business Master File, the IRS’s registry of tax-exempt organizations.

Recognition

IRS‑recognized private foundation (EIN 74-6053822) with annual Form 990‑PF filings.

Named donor and acknowledged partner by major beneficiaries, including Baylor College of Medicine and Houston Methodist, in public announcements.

Maintains a documented grant history and public financial filings available through nonprofit registries and Form 990‑PF archives.

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