Parkland Foundation FY2021 filing

Tax-deductible

Dallas, TX501(c)(3)Since 1985Health CareEIN 75-2089180Revenue $13.5M in FY2021

On file with the IRSparklandhealthfoundation.org1341 W Mockingbird Lane 1100 E, 75247-0000 · Dallas, TXTax-exempt since Aug 1986Publicly supported charity — 170(b)(1)(A)(vi)

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Parkland Health Foundation secures substantial philanthropic investments to enable Parkland Healthto advance a national standard of excellence in public healthcare.

501(c)(3) charity; gifts are tax-deductible.
87¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2021 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
4 of 6
filings with a surplus
Average deficit $1.6M a year · 9% of revenue · last 6 filings
Fine: a surplus in 4 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
87%
of spending
Looks good: 87% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Cash reserves
7 mo
of spending, in cash
Looks good: 7.4 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $250K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$3.5M
10% of total assets
Looks good: liabilities are 10% of assets; 50% or less.
Pt X · Ln 26
Independent board members
41
of 42 voting members
Looks good: 41 of 42 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$13.5M
-24% vs prior year
Spent
$33.6M
To programs
87%
Net assets
$30.0M
By yearFY2020–FY2025
Revenue
$13.5M
FY2021▼ -24%
Tap a bar for its year
Revenue by fiscal year
FY2020$17.8M
FY2021$13.5M
FY2022$20.4M
FY2023$16.3M
FY2024$18.8M
FY2025$23.2M
Expenses
$33.6M
FY2021▲ +35%
Tap a bar for its year
Expenses by fiscal year
FY2020$25.0M
FY2021$33.6M
FY2022$13.5M
FY2023$15.5M
FY2024$13.1M
FY2025$18.5M
Net assets
$30.0M
FY2021▼ -39%
Tap a bar for its year
Net assets by fiscal year
FY2020$49.5M
FY2021$30.0M
FY2022$34.9M
FY2023$36.1M
FY2024$43.7M
FY2025$48.1M

From the FY2021 Form 990 (year ending September 2021) · figures checked against the IRS filing · see the original

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You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Aug 1986.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

87 cents of each dollar spent went to programs.

Program services 87% · $29.3M Management & general 6% · $2.0M Fundraising 7% · $2.4M

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

50 people listed on the 990.

Part VII, Section A · reportable compensation · most recent filed roster (FY2020); the FY2021 filing did not itemize Part VII
$0Pt VII · Sec A
President& CEO
$0Pt VII · Sec A
VP Communications
$0Pt VII · Sec A
VP Development
$0Pt VII · Sec A
VP Operations
$0Pt VII · Sec A
VP of Finance
$0Pt VII · Sec A
Dir of Estates and Gift Planni
$0Pt VII · Sec A
Director of Communications
$0Pt VII · Sec A
See Parkland Foundation executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Raises and distributes funds to support the Dallas County Hospital District, specifically financing public health data analysis to improve local patient care.

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Provided by the organization

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3 programs · $29.3M · in their own filed words · FY2020
01

Breast Center Capital Project

$22.0Mprogram expense
02

Patient Assistance

$6.5Mprogram expense
03

New Parkland Campus

$846Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2025
Total grants receivedfrom 1 funder$250K
Grants paid · 13 grants · $92.0M · 2019–2024
Dallas County Hospital DistrictTX · FY2024$12,727,098
Parkland Center for Clinical InnovationFY2024$390,195
Dallas County Hospital DistrictTX · FY2023$8,124,709
Parkland Center for Clinical InnovationFY2023$356,031
Dallas County Hospital DistrictTX · FY2022$10,534,360
Parkland Center for Clinical InnovationFY2022$488,992
Dallas County Hospital DistrictTX · FY2021$9,039,367
Parkland Center for Clinical InnovationFY2021$242,450
Dallas County Hospital DistrictTX · FY2020$29,058,175
Parkland Center for Clinical InnovationFY2020$251,190
Dallas County Hospital DistrictTX · FY2019$20,069,989
Ut Southwestern Health SystemsTX · FY2019$500,000
Parkland Center for Clinical InnovationFY2019$203,318

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$13.5M
Ln 12
Gifts and grantsLn 1h$12.6M
Other incomeLn 4–11$500K
Investment incomeLn 3$450K
Money outPt IX
$33.6M
Ln 25
Programscol B$29.3M
Managementcol C$2.0M
Fundraisingcol D$2.4M
Owns and owesPt X
$30.0M
net assets · Ln 32
Cash and savingsLn 1–2$20.9M
Total assetsLn 16$33.4M
LiabilitiesLn 26$3.5M
PeoplePt VI, VII
50
listed · VII A
PaidVII A0
Voting boardVI 1a42
IndependentVI 1b41
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$12.6M
Noncash giftsLn 1g$5K
Investment incomeLn 3$450K
Other incomeLn 4–11$500K
Gains on assetsLn 7$264K
Total revenueLn 12$13.5M
Assets in detailPt X, end of year
CashLn 1$2.2M
SavingsLn 2$18.7M
Cash and savings togetherLn 1–2$20.9M
InvestmentsLn 11–13$9.3M
Land, buildings, equipmentLn 10c$0
Other assetsLn 15$0
Total assetsLn 16$33.4M
LiabilitiesLn 26$3.5M
Net assetsLn 32$30.0M
OperationsPt I, VI
EmployeesI 528
VolunteersI 627
Fiscal year endsHeaderSeptember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY21End FY21
Cash and savingsLn 1–2$40.3M$20.9M
InvestmentsLn 11–13$8.1M$9.3M
Land, buildings, equipmentLn 10c$1.0M$0
Total assetsLn 16$53.8M$33.4M
LiabilitiesLn 26$4.3M$3.5M
Net assetsLn 32$49.5M$30.0M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$29.3M$29.3M
Grants to domestic individualsLn 2$0
Grants and assistance to foreign recipientsLn 3$0
Benefits paid to or for membersLn 4$0
Pay of current officers, directors and key staffLn 5$945K$549K$396K
Pay of disqualified personsLn 6$2.0M$811K$1.2M
Other salaries and wagesLn 7$26K$26K
Pension plan contributionsLn 8$0
Other employee benefitsLn 9$696K$341K$355K
Payroll taxesLn 10$0
Management feesLn 11a$7K$7K
Legal feesLn 11b$0
Accounting feesLn 11c$22K$22K
Lobbying feesLn 11d$0
Professional fundraising feesLn 11e$267K$267K
Investment management feesLn 11f$10K$10K
Other fees for servicesLn 11g$15K$15K
Advertising and promotionLn 12$63K$63K
Office expensesLn 13$6K$6K$223
Information technologyLn 14$32K$32K
RoyaltiesLn 15$0
OccupancyLn 16$144K$144K
TravelLn 17$0
Travel and entertainment for public officialsLn 18$0
Conferences, conventions and meetingsLn 19$3K$2K$484
InterestLn 20$0
Payments to affiliatesLn 21$0
Depreciation, depletion and amortizationLn 22$0
InsuranceLn 23$0
Other expenses (24a–d)Ln 24$126K$28K$98K
Total functional expensesLn 25$33.6M$29.3M$2.0M$2.4M

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $23.2M$18.5M$4.6M$48.1M 990 PDF
FY2024 $18.8M$13.1M$5.7M$43.7M 990 PDF
FY2023 $16.3M$15.5M$755K$36.1M 990 PDF
FY2022 $20.4M$13.5M$6.8M$34.9M 990 PDF
FY2021 Viewing $13.5M$33.6M−$20.1M$30.0M 990 PDF
FY2020 $17.8M$25.0M−$7.2M$49.5M 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2021 990 (6 parts)
Part I · Summary $13,500,351 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $16,192,343$12,550,239
I-9 Program service revenuePrior year $0$0
I-10 Investment incomePrior year $1,060,462$450,112
I-11 Other revenuePrior year $505,000$500,000
I-12 Total revenuePrior year $17,757,805$13,500,351
I-13 Grants and similar amounts paidPrior year $20,773,307$29,309,365
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $3,392,662$3,633,264
I-16a Professional fundraising feesPrior year $0$266,721
I-17 Other expensesPrior year $828,120$428,014
I-18 Total expensesPrior year $24,994,089$33,637,364
I-19 Revenue less expensesPrior year −$7,236,284−$20,137,013
Part VI · Governance 41 of 42 board members independent, no flags
VI-1a Voting members of the governing body42
VI-1b Independent voting members41
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $13,500,351 across 11 lines filed
VIII-1d Related organizations$4,238,682
VIII-1f All other contributions, gifts and grants$8,311,557
VIII-1g Noncash contributions (included above)$5,188
VIII-1h Total contributions, gifts and grants$12,550,239
VIII-3 Investment incomeExcluded from tax $186,066$186,066
VIII-5 Royalties$0
VIII-6 Net rental income or loss$0
VIII-7 Net gain or loss on sales of assetsExcluded from tax $264,046$264,046
VIII-8 Net income from fundraising events$0
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Excluded from tax $500,000$500,000
VIII-12 Total revenueExcluded from tax $950,112$13,500,351
Part IX · Statement of functional expenses $33,637,364 across 30 lines filed
IX-1 Grants to domestic organizationsPrograms $29,309,365$29,309,365
IX-2 Grants to domestic individuals$0
IX-3 Grants and assistance to foreign recipients$0
IX-4 Benefits paid to or for members$0
IX-5 Pay of current officers, directors and key staffManagement $548,589 · Fundraising $396,347$944,936
IX-6 Pay of disqualified personsManagement $810,699 · Fundraising $1,156,174$1,966,873
IX-7 Other salaries and wagesManagement $25,633$25,633
IX-8 Pension plan contributions$0
IX-9 Other employee benefitsManagement $340,953 · Fundraising $354,869$695,822
IX-10 Payroll taxes$0
IX-11a Management feesManagement $7,050$7,050
IX-11b Legal fees$0
IX-11c Accounting feesManagement $22,045$22,045
IX-11d Lobbying fees$0
IX-11e Professional fundraising feesFundraising $266,721$266,721
IX-11f Investment management feesManagement $10,088$10,088
IX-11g Other fees for servicesFundraising $15,425$15,425
IX-12 Advertising and promotionFundraising $63,112$63,112
IX-13 Office expensesManagement $6,169 · Fundraising $223$6,392
IX-14 Information technologyManagement $31,539$31,539
IX-15 Royalties$0
IX-16 OccupancyManagement $144,054$144,054
IX-17 Travel$0
IX-18 Travel and entertainment for public officials$0
IX-19 Conferences, conventions and meetingsManagement $2,037 · Fundraising $484$2,521
IX-20 Interest$0
IX-21 Payments to affiliates$0
IX-22 Depreciation, depletion and amortization$0
IX-23 Insurance$0
IX-24 Other expenses (24a–d)Management $28,184 · Fundraising $97,604$125,788
IX-25 Total functional expensesPrograms $29,309,365 · Management $1,977,040 · Fundraising $2,350,959$33,637,364
Part X · Balance sheet $33,444,460 assets, 24 lines filed
X-1 Cash, non-interest-bearingStart of year $4,830,765$2,222,774
X-2 Savings and temporary cash investmentsStart of year $35,507,735$18,650,394
X-3 Pledges and grants receivableStart of year $4,273,281$3,221,371
X-4 Accounts receivableStart of year $46,504$7,559
X-8 Inventories for sale or useStart of year $0$0
X-9 Prepaid expenses and deferred chargesStart of year $9,970$3,852
X-10c Land, buildings and equipment, netStart of year $1,030,000$0
X-11 Publicly traded securitiesStart of year $8,070,223$9,338,510
X-12 Other securitiesStart of year $0$0
X-13 Program-related investmentsStart of year $0$0
X-14 Intangible assetsStart of year $0$0
X-15 Other assetsStart of year $0$0
X-16 Total assetsStart of year $53,768,478$33,444,460
X-17 Accounts payable and accrued expensesStart of year $120,583$65,574
X-18 Grants payableStart of year $0$0
X-19 Deferred revenueStart of year $0$0
X-20 Tax-exempt bond liabilitiesStart of year $0$0
X-24 Unsecured notes and loans payableStart of year $0$0
X-25 Other liabilitiesStart of year $4,159,886$3,403,356
X-26 Total liabilitiesStart of year $4,280,469$3,468,930
X-27 Net assets without donor restrictionsStart of year $2,230,786$2,606,808
X-28 Net assets with donor restrictionsStart of year $47,257,223$27,368,722
X-32 Total net assets or fund balancesStart of year $49,488,009$29,975,530
X-33 Total liabilities and net assetsStart of year $53,768,478$33,444,460
Part XI · Reconciliation of net assets $29,975,530 net assets at year end
XI-1 Total revenue$13,500,351
XI-2 Total expenses$33,637,364
XI-3 Revenue less expenses−$20,137,013
XI-4 Net assets at start of year$49,488,009
XI-5 Net unrealized gains (losses) on investments$624,534
XI-10 Net assets at end of year$29,975,530

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

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