Company Profile

Company Overview

Southwestern Medical Foundation is a nonprofit organization committed to advancing medicine through the support of medical research, care, and education. We were founded in 1939 by Edward H. Cary, M.D., Karl Hoblitzelle, and a group of community leaders determined to bring excellent medical care to the North Texas region. After establishing Southwestern Medical College in 1943—now UT Southwestern Medical Center—the Foundation began operating as an independent Texas nonprofit, working in close alignment with UT Southwestern to champion leading-edge initiatives.

Since our founding in 1939, the Foundation has awarded more than $900 million in grants, primarily to support the mission of UT Southwestern Medical Center. This support has helped nurture one of the world’s preeminent medical research and academic institutions. We currently manage more than $1.2 billion in total pooled assets, providing sustainable resources that advance medicine and breakthroughs. Our mission today continues through convening visionary leaders, philanthropists, and community partners to advance health care and improve lives in North Texas and beyond.