TEXAS TECH FOUNDATION INC: Form 990, tax year 2022

View the entire original 990 at ProPublica ↗

Organization
TEXAS TECH FOUNDATION INC (EIN 75-6043842)
Tax period
2022-09-01 to 2023-08-31
Filed
2024-07-08
IRS object ID
202431909349300933
Schema version
2022v5.0
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2024-07-08T14:02:01-05:00ReturnTs
Tax Period End2023-08-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN750882037PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1BOLINGER SEGARS GILBERT AND MOSS LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line18215 NASHVILLE AVENUEAddressLine1Txt
CityLUBBOCKCityNm
State AbbreviationTXStateAbbreviationCd
ZIP79423ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2022-09-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN756043842EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1TEXAS TECH FOUNDATION INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlTEXABusinessNameControlTxt
Phone8067429000PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 45025AddressLine1Txt
CityLUBBOCKCityNm
State AbbreviationTXStateAbbreviationCd
ZIP79409ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonPATRICK KRAMERPersonNm
Person TitleCHIEF EXECUTIVE OFFICERPersonTitleTxt
Phone8067429000PhoneNum
Signature2024-07-08SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstPATRICKPersonFirstNm
Person LastKRAMERPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (1)IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonMATT R WILLISPreparerPersonNm
PTINP00419741PTIN
Phone8067473806PhoneNum
Preparation2024-07-08PreparationDt
Self EmployedYes (X)SelfEmployedInd

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

FieldValueIRS element (for citing)
Trusted Customer2TrustedCustomerCd
Authentication Assurance LevelAAL1AuthenticationAssuranceLevelCd
Identity Assurance LevelIAL1IdentityAssuranceLevelCd
FieldValueIRS element (for citing)
Tax2022TaxYr
Build TS2023-04-26 12:10:37ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerPATRICK KRAMERPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 45025AddressLine1Txt
CityLUBBOCKCityNm
State AbbreviationTXStateAbbreviationCd
ZIP79409ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$138,863,373GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.GIVE2TECH.COM/FOUNDATIONWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1939FormationYr
Legal Domicile StateTXLegalDomicileStateCd
Activity Or MissionACCEPTANCE, INVESTMENT, AND DISTRIBUTION OF GIFTS FOR THE BENEFIT OF THE TTU SYSTEM.ActivityOrMissionDesc
Voting Members Governing Body35VotingMembersGoverningBodyCnt
Voting Members Independent35VotingMembersIndependentCnt
Total Employee0TotalEmployeeCnt
Total Volunteers50TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$116,183,868PYContributionsGrantsAmt
CY Contributions Grants$99,440,061CYContributionsGrantsAmt
PY Program Service Revenue$0PYProgramServiceRevenueAmt
CY Program Service Revenue$0CYProgramServiceRevenueAmt
PY Investment Income$8,914,426PYInvestmentIncomeAmt
CY Investment Income$10,402,526CYInvestmentIncomeAmt
PY Other Revenue$238,678PYOtherRevenueAmt
CY Other Revenue$305,691CYOtherRevenueAmt
PY Total Revenue$125,336,972PYTotalRevenueAmt
CY Total Revenue$110,148,278CYTotalRevenueAmt
PY Grants And Similar Paid$95,045,254PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$94,571,903CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$0PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$0CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$398,511CYTotalFundraisingExpenseAmt
PY Other Expenses$1,767,876PYOtherExpensesAmt
CY Other Expenses$2,435,731CYOtherExpensesAmt
PY Total Expenses$96,813,130PYTotalExpensesAmt
CY Total Expenses$97,007,634CYTotalExpensesAmt
PY Revenues Less Expenses$28,523,842PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$13,140,644CYRevenuesLessExpensesAmt
Total Assets BOY$849,587,948TotalAssetsBOYAmt
Total Assets EOY$890,446,404TotalAssetsEOYAmt
Total Liabilities BOY$4,223,248TotalLiabilitiesBOYAmt
Total Liabilities EOY$4,801,636TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$845,364,700NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$885,644,768NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionSEE SCHEDULE O.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$93,821,903ExpenseAmt
Grant$93,821,903GrantAmt
DescTHE ORGANIZATION WAS FOUNDED TO FUNCTION AS A CONDUIT FOR THE ACCEPTANCE, INVESTMENT, AND DISTRIBUTION OF PRIVATE GIFTS GIVEN FOR THE ACTIVITIES AND PROGRAMS RELATED TO THE MISSION, ROLE, AND SCOPE OF THE TEXAS TECH UNIVERSITY SYSTEM. DURING 2022-2023 THE FOUNDATION TRANSFERRED $93,821,903 TO THE TEXAS TECH UNIVERSITY SYSTEM AND AFFILIATED FOUNDATIONS.Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
Expense$750,000ExpenseAmt
Grant$750,000GrantAmt
DescTHE ORGANIZATION GRANTED $750,000 TO THE PROVIDENCE FOUNDATION FOR THE EXPANSION OF PROVIDENCE HOSPITAL'S NEONATAL INTENSIVE CARE UNIT AND TO SUPPORT THE PROVIDENCE FOUNDATION'S MISSION.Desc
FieldValueIRS element (for citing)
Total Program Service Expenses$94,571,903TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying ActivitiesYes (1)LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi EndowmentsYes (1)DonorRstrOrQuasiEndowmentsInd
Report Land Building EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other SecYes (1)ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other Liabilities0ReportOtherLiabilitiesInd
Include FIN48 Footnote0IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (1)IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising ActivitiesYes (1)FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To OrganizationsYes (1)GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J RequiredYes (1)ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash ContriYes (1)DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded EntityYes (1)DisregardedEntityInd
Related EntityYes (1)RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document0IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Employee0EmployeeCnt
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo ContributionsYes (1)QuidProQuoContributionsInd
Quid Pro Quo Contri DisclYes (1)QuidProQuoContriDisclInd
Form8282 Property Disposed OfYes (1)Form8282PropertyDisposedOfInd
Form8282 Filed2Form8282FiledCnt
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members35GoverningBodyVotingMembersCnt
Independent Voting Member35IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt DutiesYes (1)DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn Body0Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEO0CompensationProcessCEOInd
Compensation Process Other0CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldAKStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldCOStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldFLStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldMEStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldMDStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldMAStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldMIStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldNHStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldOHStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldSCStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldTNStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldWAStatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is FldWVStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1TEXAS TECH UNIVERSITY SYSTEMBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone8067429000PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line11508 KNOXVILLE AVEAddressLine1Txt
CityLUBBOCKCityNm
State AbbreviationTXStateAbbreviationCd
ZIP79409ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (37 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmt
PENNY HARKEY
TREASURER1.00Yes (X)Yes (X)$0$369,039$42,160
PATRICK KRAMER
CHIEF EXECUTIVE OFFICER1.00Yes (X)Yes (X)$0$349,175$35,403
TIM G CULP
CHAIRMAN2.00Yes (X)Yes (X)$0$0$0
TIM LANCASTER
VICE CHAIRMAN3.00Yes (X)Yes (X)$0$0$0
KIMBERLY C FORD
SECRETARY3.00Yes (X)Yes (X)$0$0$0
STEVE GRAY
DIRECTOR1.00Yes (X)$0$0$0
J PAT HICKMAN
DIRECTOR0.25Yes (X)$0$0$0
JAMES KEFFER
DIRECTOR1.00Yes (X)$0$0$0
MICHAEL F OWEN MD
DIRECTOR5.00Yes (X)$0$0$0
JACK RENTZ
DIRECTOR1.00Yes (X)$0$0$0
JIM SKINNER
DIRECTOR2.00Yes (X)$0$0$0
BEN STRIBLING
DIRECTOR1.00Yes (X)$0$0$0
ROBERT TAYLOR JR
DIRECTOR8.00Yes (X)$0$0$0
LESLIE WARD
DIRECTOR1.00Yes (X)$0$0$0
CLAY CASH
DIRECTOR1.00Yes (X)$0$0$0
DENNIS KRUSE
DIRECTOR1.00Yes (X)$0$0$0
RANDY MORRIS
DIRECTOR2.00Yes (X)$0$0$0
CHRISTI QUINN
DIRECTOR1.50Yes (X)$0$0$0
LEA WRIGHT
DIRECTOR1.00Yes (X)$0$0$0
BRADLEY BOUMA
DIRECTOR2.00Yes (X)$0$0$0
KYLE MCGRAW
DIRECTOR1.00Yes (X)$0$0$0
HOLLAND O'NEAL
DIRECTOR0.25Yes (X)$0$0$0
BEN STRICKLING
DIRECTOR1.00Yes (X)$0$0$0
SCOTT WISNIEWSKI
DIRECTOR1.00Yes (X)$0$0$0
CHERRY WRIGHT
DIRECTOR3.00Yes (X)$0$0$0
DAVID ALDERSON
DIRECTOR1.00Yes (X)$0$0$0
WALT CATHEY
DIRECTOR1.00Yes (X)$0$0$0
ROBERT L DUNCAN
DIRECTOR1.00Yes (X)$0$0$0
THOMAS NELSON
DIRECTOR1.00Yes (X)$0$0$0
JUAN NEVAREZ
DIRECTOR2.00Yes (X)$0$0$0
BARRY STREET
DIRECTOR1.00Yes (X)$0$0$0
TIM WINN
DIRECTOR1.00Yes (X)$0$0$0
BARNEY ADAMS
DIRECTOR1.00Yes (X)$0$0$0
KATHERINE GILBREATH
DIRECTOR1.00Yes (X)$0$0$0
JOE J PARKER JR
DIRECTOR1.00Yes (X)$0$0$0
GERALD G DIXON
DIRECTOR1.00Yes (X)$0$0$0
GORDON DAVIS
DIRECTOR1.00Yes (X)$0$0$0
FieldValueIRS element (for citing)
Total Reportable Comp From Org$0TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$718,214TotReportableCompRltdOrgAmt
Total Other Compensation$77,563TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K0IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (1)TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (4 entries)

Address Line1ContractorAddress/USAddress/AddressLine1TxtCityContractorAddress/USAddress/CityNmState AbbreviationContractorAddress/USAddress/StateAbbreviationCdZIPContractorAddress/USAddress/ZIPCdServicesServicesDescCompensationCompensationAmt
ZURI GROUP
328 NW BOND STBENDOR97703CONSULTING & IMPLEMENTATION SERVICES$507,288
BLACKBAUD
PO BOX 844827BOSTONMA02284SOFTWARE AS A SERVICE$168,196
ANTHOLOGY OF MISSOURI
8330 WARD PKWY STKANSAS CITYMO64114SOFTWARE AS A SERVICE$158,335
ANTHEM EXECUTIVE
5223 NORBORNE LN STE AHOUSTONTX77069SERVICES - MSU PRESIDENT$125,758
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K4CntrctRcvdGreaterThan100KCnt
Info In Schedule O Part VIIIYes (X)InfoInScheduleOPartVIIIInd
Fundraising$464,612FundraisingAmt
All Other Contributions$98,975,449AllOtherContributionsAmt
Noncash Contributions$7,179,418NoncashContributionsAmt
Total Contributions$99,440,061TotalContributionsAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$38,836,813TotalRevenueColumnAmt
Exclusion$38,836,813ExclusionAmt

Royalties Revenue RoyaltiesRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$308,234TotalRevenueColumnAmt
Exclusion$308,234ExclusionAmt

Gross Rents GrossRentsGrp

FieldValueIRS element (for citing)
Real$4,972RealAmt

Less Rental Expenses LessRentalExpensesGrp

FieldValueIRS element (for citing)
Real$0RealAmt

Rental Income Or Loss RentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Real$4,972RealAmt

Net Rental Income Or Loss NetRentalIncomeOrLossGrp

FieldValueIRS element (for citing)
Total Revenue Column$4,972TotalRevenueColumnAmt
Exclusion$4,972ExclusionAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$28,434,287SecuritiesAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities-$28,434,287SecuritiesAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column-$28,434,287TotalRevenueColumnAmt
Exclusion-$28,434,287ExclusionAmt
FieldValueIRS element (for citing)
Fundraising Gross Income$273,293FundraisingGrossIncomeAmt
Contri Rpt Fundraising Event$464,612ContriRptFundraisingEventAmt
Fundraising Direct Expenses$280,808FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

FieldValueIRS element (for citing)
Total Revenue Column-$7,515TotalRevenueColumnAmt
Exclusion-$7,515ExclusionAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$110,148,278TotalRevenueColumnAmt
Related Or Exempt Func Income$0RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$10,708,217ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$94,571,903TotalAmt
Program Services$94,571,903ProgramServicesAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$96,536TotalAmt
Management And General$96,536ManagementAndGeneralAmt

Fees For Services Lobbying FeesForServicesLobbyingGrp

FieldValueIRS element (for citing)
Total$221,162TotalAmt
Management And General$221,162ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$476,668TotalAmt
Management And General$476,668ManagementAndGeneralAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$350,566TotalAmt
Management And General$9,228ManagementAndGeneralAmt
Fundraising$341,338FundraisingAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$131,187TotalAmt
Management And General$115,899ManagementAndGeneralAmt
Fundraising$15,288FundraisingAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$103,776TotalAmt
Management And General$103,776ManagementAndGeneralAmt

Occupancy OccupancyGrp

FieldValueIRS element (for citing)
Total$498TotalAmt
Management And General$498ManagementAndGeneralAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$48,155TotalAmt
Management And General$48,155ManagementAndGeneralAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$41,885TotalAmt
Fundraising$41,885FundraisingAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$91TotalAmt
Management And General$91ManagementAndGeneralAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$66,510TotalAmt
Management And General$66,510ManagementAndGeneralAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$196,962TotalAmt
Management And General$196,962ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDescTotalTotalAmtManagement And GeneralManagementAndGeneralAmt
RENTALS & LEASES$564,610$564,610
MATERIALS & SUPPLIES$65,864$65,864
PRINTING & REPRODUCTION$33,648$33,648
COMMUNICATION$21,471$21,471

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$16,142TotalAmt
Management And General$16,142ManagementAndGeneralAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$97,007,634TotalAmt
Program Services$94,571,903ProgramServicesAmt
Management And General$2,037,220ManagementAndGeneralAmt
Fundraising$398,511FundraisingAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$2,948,877BOYAmt
EOY$2,261,571EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$56,745,959BOYAmt
EOY$74,948,599EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$1,582BOYAmt
EOY$534EOYAmt

Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp

FieldValueIRS element (for citing)
BOY$6,898BOYAmt
EOY$6,898EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$6,000BOYAmt
EOY$6,500EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$2,671,415LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$66,510LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$428,049BOYAmt
EOY$2,604,905EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$718,883,401BOYAmt
EOY$720,791,160EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

FieldValueIRS element (for citing)
BOY$55,622,495BOYAmt
EOY$75,254,882EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$14,944,687BOYAmt
EOY$14,571,355EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$849,587,948BOYAmt
EOY$890,446,404EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$103,265BOYAmt
EOY$112,586EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$4,119,983BOYAmt
EOY$4,689,050EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$4,223,248BOYAmt
EOY$4,801,636EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$6,657,145BOYAmt
EOY$6,072,036EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$838,707,555BOYAmt
EOY$879,572,732EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$845,364,700BOYAmt
EOY$885,644,768EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$849,587,948BOYAmt
EOY$890,446,404EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$13,140,644ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst$27,139,424NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Info In Schedule O Part XIIYes (X)InfoInScheduleOPartXIIInd
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
College OrganizationYes (X)CollegeOrganizationInd

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$98,513,262CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$61,661,312CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$65,222,025CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$116,183,868CurrentTaxYearMinus1YearAmt
Current Tax Year$99,440,061CurrentTaxYearAmt
Total$441,020,528TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$98,513,262CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$61,661,312CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$65,222,025CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$116,183,868CurrentTaxYearMinus1YearAmt
Current Tax Year$99,440,061CurrentTaxYearAmt
Total$441,020,528TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$31,644,868SubstantialContributorsTotAmt
Public Support Total170$409,375,660PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$29,894,552CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$31,774,189CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$32,571,037CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$35,648,055CurrentTaxYearMinus1YearAmt
Current Tax Year$39,150,019CurrentTaxYearAmt
Total$169,037,852TotalAmt
FieldValueIRS element (for citing)
Total Support$610,058,380TotalSupportAmt
Gross Receipts Rltd Activities$933,594GrossReceiptsRltdActivitiesAmt
Public Support CY1700.67100PublicSupportCY170Pct
Public Support PY1700.66570PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule C IRS990ScheduleC

Total Grassroots Lobbying TotalGrassrootsLobbyingGrp

FieldValueIRS element (for citing)
Filing Organizations Total$221,162FilingOrganizationsTotalAmt

Total Lobbying Expend TotalLobbyingExpendGrp

FieldValueIRS element (for citing)
Filing Organizations Total$221,162FilingOrganizationsTotalAmt

Other Exempt Purpose Expend OtherExemptPurposeExpendGrp

FieldValueIRS element (for citing)
Filing Organizations Total$96,786,472FilingOrganizationsTotalAmt

Total Exempt Purpose Expend TotalExemptPurposeExpendGrp

FieldValueIRS element (for citing)
Filing Organizations Total$97,007,634FilingOrganizationsTotalAmt

Lobbying Nontaxable Amount LobbyingNontaxableAmountGrp

FieldValueIRS element (for citing)
Filing Organizations Total$1,000,000FilingOrganizationsTotalAmt

Grassroots Nontaxable GrassrootsNontaxableGrp

FieldValueIRS element (for citing)
Filing Organizations Total$250,000FilingOrganizationsTotalAmt

Tot Lbbyng Grassroot Mns Non Tx TotLbbyngGrassrootMnsNonTxGrp

FieldValueIRS element (for citing)
Filing Organizations Total$0FilingOrganizationsTotalAmt

Tot Lbby Expend Mns Lbbyng Non Tx TotLbbyExpendMnsLbbyngNonTxGrp

FieldValueIRS element (for citing)
Filing Organizations Total$0FilingOrganizationsTotalAmt

Avg Lobbying Nontaxable Amount AvgLobbyingNontaxableAmountGrp

FieldValueIRS element (for citing)
Current Year$1,000,000CurrentYearAmt
Total$1,000,000TotalAmt
FieldValueIRS element (for citing)
Lobbying Ceiling$1,500,000LobbyingCeilingAmt

Avg Total Lobbying Expend AvgTotalLobbyingExpendGrp

FieldValueIRS element (for citing)
Current Year$221,162CurrentYearAmt
Total$221,162TotalAmt

Avg Grassroots Nontaxable AvgGrassrootsNontaxableGrp

FieldValueIRS element (for citing)
Current Year$250,000CurrentYearAmt
Total$250,000TotalAmt
FieldValueIRS element (for citing)
Grassroots Ceiling$375,000GrassrootsCeilingAmt

Avg Grassroots Lobbying Expend AvgGrassrootsLobbyingExpendGrp

FieldValueIRS element (for citing)
Current Year Minus2$150,000CurrentYearMinus2Amt
Current Year Minus1$180,000CurrentYearMinus1Amt
Current Year$221,162CurrentYearAmt
Total$551,162TotalAmt

Schedule D IRS990ScheduleD

CY Endwmt Fund CYEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$743,055,718BeginningYearBalanceAmt
Contributions$25,086,925ContributionsAmt
Investment Earnings Or Losses$34,908,992InvestmentEarningsOrLossesAmt
Other Expenditures$38,130,032OtherExpendituresAmt
End Year Balance$764,921,603EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$728,238,846BeginningYearBalanceAmt
Contributions$57,081,957ContributionsAmt
Investment Earnings Or Losses-$7,451,054InvestmentEarningsOrLossesAmt
Other Expenditures$34,814,031OtherExpendituresAmt
End Year Balance$743,055,718EndYearBalanceAmt

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$576,940,849BeginningYearBalanceAmt
Contributions$22,437,757ContributionsAmt
Investment Earnings Or Losses$160,601,277InvestmentEarningsOrLossesAmt
Other Expenditures$31,741,037OtherExpendituresAmt
End Year Balance$728,238,846EndYearBalanceAmt

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$569,518,004BeginningYearBalanceAmt
Contributions$27,872,704ContributionsAmt
Investment Earnings Or Losses$10,357,778InvestmentEarningsOrLossesAmt
Other Expenditures$30,807,637OtherExpendituresAmt
End Year Balance$576,940,849EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$576,097,051BeginningYearBalanceAmt
Contributions$25,402,539ContributionsAmt
Investment Earnings Or Losses-$2,980,914InvestmentEarningsOrLossesAmt
Other Expenditures$29,000,672OtherExpendituresAmt
End Year Balance$569,518,004EndYearBalanceAmt
FieldValueIRS element (for citing)
Board Designated Balance EOY0.01020BoardDesignatedBalanceEOYPct
Prmnnt Endowment Balance EOY0.98940PrmnntEndowmentBalanceEOYPct
Term Endowment Balance EOY0.00040TermEndowmentBalanceEOYPct
Endowments Held Unrelated Org0EndowmentsHeldUnrelatedOrgInd
Endowments Held Related Org0EndowmentsHeldRelatedOrgInd

Land LandGrp

FieldValueIRS element (for citing)
Investment Cost Or Other Basis$428,049InvestmentCostOrOtherBasisAmt
Book Value$428,049BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$2,243,366OtherCostOrOtherBasisAmt
Depreciation$66,510DepreciationAmt
Book Value$2,176,856BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$2,604,905TotalBookValueLandBuildingsAmt

Financial Derivatives FinancialDerivativesGrp

FieldValueIRS element (for citing)
Book Value$70,347,008BookValueAmt
Method ValuationFMethodValuationCd

Other Securities OtherSecuritiesGrp (2 entries)

DescDescBook ValueBookValueAmtMethod ValuationMethodValuationCd
INVESTMENTS HELD BY BROKERS$4,756,268F
EQUITY INVESTMENTS$151,606F
FieldValueIRS element (for citing)
Total Book Value Securities$75,254,882TotalBookValueSecuritiesAmt
Total Rev Etc Audited Fincl Stmt$143,494,587TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst$27,139,424NetUnrealizedGainsInvstAmt
Donated Services And Use Fclts$5,194,177DonatedServicesAndUseFcltsAmt
Other Revenue$1,012,708OtherRevenueAmt
Revenue Not Reported$33,346,309RevenueNotReportedAmt
Revenue Subtotal$110,148,278RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt$0RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$110,148,278TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$103,214,519TotExpnsEtcAuditedFinclStmtAmt
Donated Services Use Fclts$5,194,177DonatedServicesUseFcltsAmt
Other Expenses Included$1,012,708OtherExpensesIncludedAmt
Expenses Not Reported$6,206,885ExpensesNotReportedAmt
Expenses Subtotal$97,007,634ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt$0ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$97,007,634TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART V, LINE 4:THE ENDOWMENT FUNDS WERE ESTABLISHED TO PROVIDE FUNDS FOR THE ADMINISTRATION OF TEXAS TECH UNIVERSITY, THE TEXAS TECH UNIVERSITY HEALTH SCIENCES CENTER, ANGELO STATE UNIVERSITY AND TEXAS TECH UNIVERSITY HEALTH SCIENCES CENTER EL PASO. THE ENDOWMENT FUNDS ALSO PROVIDE SCHOLARSHIPS FOR THE STUDENTS WHO ATTEND THESE SCHOOLS.
PART XI, LINE 2D - OTHER ADJUSTMENTS:FUNDRAISING EXPENSES REPORTED ON PART VIII LINE 8B 280,808. RED RAIDER FACILITIES FOUNDATION INCOME 731,900.
PART XII, LINE 2D - OTHER ADJUSTMENTS:FUNDRAISING EXPENSES REPORTED ON PART VIII LINE 8B 280,808. RED RAIDER FACILITIES FOUNDATION INCOME 731,900.

Schedule G IRS990ScheduleG

Fundraising Event Information FundraisingEventInformationGrp

FieldValueIRS element (for citing)
Event1SPRING ROUNDUPEvent1Nm
Gross Receipts Event1$273,027GrossReceiptsEvent1Amt
Charitable Contri Event1$132,367CharitableContriEvent1Amt
Gross Revenue Event1$140,660GrossRevenueEvent1Amt
Food And Beverage Event1$8,519FoodAndBeverageEvent1Amt
Entertainment Event1$800EntertainmentEvent1Amt
Other Direct Expenses Event1$7,402OtherDirectExpensesEvent1Amt
Event2PICKERING GOLF TOURNAMENTEvent2Nm
Gross Receipts Event2$186,000GrossReceiptsEvent2Amt
Charitable Contri Event2$139,780CharitableContriEvent2Amt
Gross Revenue Event2$46,220GrossRevenueEvent2Amt
Rent Facility Costs Event2$33,196RentFacilityCostsEvent2Amt
Food And Beverage Event2$14,391FoodAndBeverageEvent2Amt
Entertainment Event2$10,000EntertainmentEvent2Amt
Other Direct Expenses Event2$25,035OtherDirectExpensesEvent2Amt
Other Events Total7OtherEventsTotalCnt
Gross Receipts Other Events$278,878GrossReceiptsOtherEventsAmt
Charitable Contri Other Events$192,465CharitableContriOtherEventsAmt
Gross Revenue Other Events$86,413GrossRevenueOtherEventsAmt
Cash Prizes Other Events$1,600CashPrizesOtherEventsAmt
Non Cash Prizes Other Events$2,485NonCashPrizesOtherEventsAmt
Rent Fclty Costs Other Events$16,538RentFcltyCostsOtherEventsAmt
Food And Beverage Other Events$65,354FoodAndBeverageOtherEventsAmt
Entertainment Other Events$56,543EntertainmentOtherEventsAmt
Oth Direct Expnss Other Events$38,945OthDirectExpnssOtherEventsAmt
Gross Receipts Total$737,905GrossReceiptsTotalAmt
Charitable Contributions Tot$464,612CharitableContributionsTotAmt
Gross Revenue Total Events$273,293GrossRevenueTotalEventsAmt
Cash Prizes Total Events$1,600CashPrizesTotalEventsAmt
Non Cash Prizes Total Events$2,485NonCashPrizesTotalEventsAmt
Rent Fclty Costs Total Events$49,734RentFcltyCostsTotalEventsAmt
Food And Beverage Total Events$88,264FoodAndBeverageTotalEventsAmt
Entertainment Total Events$67,343EntertainmentTotalEventsAmt
Oth Direct Expnss Total Events$71,382OthDirectExpnssTotalEventsAmt
Direct Expense Summary Events$280,808DirectExpenseSummaryEventsAmt
Net Income Summary-$7,515NetIncomeSummaryAmt

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedYes (1)GrantRecordsMaintainedInd

Recipient Table RecipientTable (2 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdRecipient EINRecipientEINIRC SectionIRCSectionDescCash GrantCashGrantAmtNon Cash AssistanceNonCashAssistanceAmtPurpose Of GrantPurposeOfGrantTxt
TEXAS TECH UNIVERSITY SYSTEM
PO BOX 41092LUBBOCKTX79409756002622STATE OF TEXAS$93,821,903$0TO PROMOTE HIGHER EDUCATION BY PROVIDING FUNDS FOR SCHOLARSHIPS AND GENERAL FUNDS FOR OPERATION EXPENSES OF THE TEXAS TECH UNIVERSITY SYSTEM.
PROVIDENCE INLAND NORTHWEST FOUNDATION
101 W 8TH AVESPOKANEWA99204320014330501(C)(3)$750,000$0TO SUPPORT THE EXPANSION OF PROVIDENCE HOSPITAL'S NEONATAL INTENSIVE CARE UNIT.
FieldValueIRS element (for citing)
Total501c3 Org2Total501c3OrgCnt
Total Other Org0TotalOtherOrgCnt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, LINE 2:FormAndLineReferenceDesc
ExplanationTHE ORGANIZATION'S PURPOSE IS TO PROVIDE FUNDS TO THE TEXAS TECH UNIVERSITY SYSTEM FOR SCHOLARSHIPS AND ADMINISTRATION OF THE UNIVERSITY. THE UNIVERSITY AWARDS THE SCHOLARSHIPS TO THE STUDENTS AND THEN MONITORS THE SCHOLARSHIP.ExplanationTxt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Severance Payment0SeverancePaymentInd
Supplemental Nonqual Rtr Plan0SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm0EquityBasedCompArrngmInd
Comp Based On Revenue Of Flng Org0CompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related Orgs0CompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng Org0CompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd Orgs0CompBsdNetEarnsRltdOrgsInd
Any Non Fixed Payments0AnyNonFixedPaymentsInd
Initial Contract Exception0InitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (2 entries)

TitleTitleTxtBase Compensation Filing OrgBaseCompensationFilingOrgAmtCompensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmtBonus Filing OrganizationBonusFilingOrganizationAmountBonus Related OrganizationsBonusRelatedOrganizationsAmtOther Compensation Filing OrgOtherCompensationFilingOrgAmtOther Compensation Rltd OrgsOtherCompensationRltdOrgsAmtDeferred Compensation Flng OrgDeferredCompensationFlngOrgAmtDeferred Comp Rltd OrgsDeferredCompRltdOrgsAmtNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmtNontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmtTotal Compensation Filing OrgTotalCompensationFilingOrgAmtTotal Compensation Rltd OrgsTotalCompensationRltdOrgsAmtComp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmtComp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
PENNY HARKEY
TREASURER$0$334,059$0$0$0$34,980$0$30,366$0$11,794$0$411,199$0$0
PATRICK KRAMER
CHIEF EXECUTIVE OFFICER$0$349,175$0$0$0$0$0$20,740$0$14,663$0$384,578$0$0

Schedule M IRS990ScheduleM

Securities Publicly Traded SecuritiesPubliclyTradedGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
Contribution194ContributionCnt
Noncash Contributions Rpt F990$3,836,223NoncashContributionsRptF990Amt
Method Of Determining RevenuesAVG HIGH/LOWMethodOfDeterminingRevenuesTxt

Securities Closely Held Stock SecuritiesCloselyHeldStockGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
Contribution1ContributionCnt
Noncash Contributions Rpt F990$501,260NoncashContributionsRptF990Amt
Method Of Determining RevenuesINDEPENDENT APPRAISALMethodOfDeterminingRevenuesTxt

Real Estate Other RealEstateOtherGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
Contribution1ContributionCnt
Noncash Contributions Rpt F990$2,350,000NoncashContributionsRptF990Amt
Method Of Determining RevenuesINDEPENDENT APPRAISALMethodOfDeterminingRevenuesTxt

Other Non Cash Contri Table OtherNonCashContriTableGrp

FieldValueIRS element (for citing)
Non Cash CheckboxYes (X)NonCashCheckboxInd
DescOIL RIG ADDITIONSDesc
Contribution1ContributionCnt
Noncash Contributions Rpt F990$491,935NoncashContributionsRptF990Amt
Method Of Determining RevenuesFAIR MARKET VALUEMethodOfDeterminingRevenuesTxt
FieldValueIRS element (for citing)
Any Property That Must Be Held0AnyPropertyThatMustBeHeldInd
Review Process Unusual NC GiftsYes (1)ReviewProcessUnusualNCGiftsInd
Third Parties Used0ThirdPartiesUsedInd

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (8 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART III, LINE 1, DESCRIPTION OF ORGANIZATION MISSION:THE FOUNDATION IS AN ADVOCATE FOR SUCCESSFUL PERFORMANCE BY: - POSITIONING TEXAS TECH UNIVERSITY SYSTEM AS AN INSTITUTION OF DISTINCTION; - RAISING FUNDS ON BEHALF OF THE UNIVERSITIES AND HEALTH SCIENCES CENTERS; - STEWARDSHIP OF FUNDS, CARING FOR DONORS, AND REPORTING ON GIFTS AND ENDOWMENTS; - A PARTNERSHIP APPROACH WITH THE BOARD OF REGENTS ON INVESTMENT AND OVERSIGHT; - AND SUPPORTING AND PROMOTING ALL COLLEGES, SCHOOL PROGRAMS, AND CAMPUSES OF THE TEXAS TECH UNIVERSITY SYSTEM. THE FOUNDATION WAS FORMED TO SEEK AND OBTAIN GIFTS FOR THE INSTITUTIONS; TO RECEIVE, HOLD, INVEST, AND ADMINISTER PROPERTY OF ANY TYPE GIVEN TO THE INSTITUTIONS OR FOR THE BENEFIT OF THE INSTITUTIONS; AND TO MAKE EXPENDITURES TO OR FOR THE BENEFIT OF THE INSTITUTIONS.
FORM 990, PART VI, SECTION A, LINE 3TEXAS TECH UNIVERSITY PROVIDES THE FOUNDATION WITH ACCOUNTING AND FUND RAISING SERVICES, PERSONNEL, AND FACILITIES TO CONDUCT THE FOUNDATION'S BUSINESS. ALL ARE PROVIDED AT NO COST TO THE FOUNDATION.
FORM 990, PART VI, SECTION B, LINE 11BAN ELECTRONIC COPY OF THE FORM 990 IS REVIEWED BY THE FOUNDATION TREASURER AND CEO PRIOR TO SUBMISSION. THE FULL BOARD WILL BE PROVIDED WITH A COMPLETED COPY OF THE RETURN AT THE NEXT FOUNDATION BOARD MEETING.
FORM 990, PART VI, SECTION B, LINE 12CANNUALLY ALL BOARD MEMBERS MUST REVIEW THE CONFLICT OF INTEREST POLICY AND SIGN OFF THAT THEY WILL COMPLY. EACH BOARD MEMBER IS REQUIRED TO BRING TO THE ATTENTION OF THE ENTIRE BOARD ANY POTENTIAL CONFLICTS AND EXCUSE THEMSELVES FROM ANY VOTES WHERE A CONFLICT, OR THE APPEARANCE OF A CONFLICT OF INTEREST EXISTS.
FORM 990, PART VI, SECTION C, LINE 18THE FORM 990 IS AVAILABLE UPON REQUEST AT THE ORGANIZATIONS OFFICE LOCATED IN LUBBOCK, TEXAS.
FORM 990, PART VI, SECTION C, LINE 19THE FOUNDATION WILL PROVIDE A COPY OF ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS TO ANYONE REQUESTING A COPY. THESE ITEMS ARE AVAILABLE TO THE PUBLIC AT THE FOUNDATION'S OFFICES IN LUBBOCK, TX.
FORM 990, PART VIII, LINE 7THE INVESTMENTS OF THE FOUNDATION ARE COMINGLED WITH THE INVESTEMENTS OF THE UNIVERSITY TO REALIZE THE BENEFITS OF HIGHER LONG-TERM INVESTMENT RETURNS, GREATER PORTFOLIO DIVERSITY AND LOWER INVESTMENT MANAGEMENT COSTS. DUE TO THIS INVESTMENT STRUCTURE THERE IS NOT ENOUGH INFORMATION TO REPORT THE GROSS PROCEEDS AND COST RELATED TO THE SALE OF INVESTMENTS. ONLY THE NET GAIN OR LOSS FROM THE INVESTMENT FUND ARE REPORTED TO THE FOUNDATION. AS SUCH THE FOUNDATION IS REPORTING THE NET LOSS ON LINE 7B.
FORM 990, PART XII, LINE 2CTHE FOUNDATION'S BOARD ASSIGNS MEMBERS OF THE BOARD TO AN AUDIT COMMITTEE. THE AUDIT COMMITTEE IS RESPONSIBLE FOR OVERSEEING THE FINANCIAL STATEMENT AUDIT AND FOR THE SELECTION OF THE INDEPENDENT CPA WHO WILL PERFORM THE AUDIT. THIS PROCESS HAS NOT CHANGED FROM PRIOR YEARS.

Schedule R IRS990ScheduleR

Id Disregarded Entities IdDisregardedEntitiesGrp

Disregarded Entity Name DisregardedEntityName

FieldValueIRS element (for citing)
Business Name Line1TTFI HOLDINGS LLCBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 45025AddressLine1Txt
CityLUBBOCKCityNm
State AbbreviationTXStateAbbreviationCd
ZIP79409ZIPCd
FieldValueIRS element (for citing)
EIN756043842EIN
Primary ActivitiesACCEPTANCE AND MANAGEMENT OF GIFTS TO TEXAS TECH UNIVERSITYPrimaryActivitiesTxt
Legal Domicile StateDELegalDomicileStateCd
Total Income$0TotalIncomeAmt
End Of Year Assets$2,595,140EndOfYearAssetsAmt

Direct Controlling Entity Name DirectControllingEntityName

FieldValueIRS element (for citing)
Business Name Line1TEXAS TECH FOUNDATION INCBusinessNameLine1Txt

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp

Disregarded Entity Name DisregardedEntityName

FieldValueIRS element (for citing)
Business Name Line1TEXAS TECH UNIVERSITY SYSTEMBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 41092AddressLine1Txt
CityLUBBOCKCityNm
State AbbreviationTXStateAbbreviationCd
ZIP79409ZIPCd
FieldValueIRS element (for citing)
EIN756002622EIN
Primary ActivitiesINSTITUTION OF HIGHER LEARNINGPrimaryActivitiesTxt
Legal Domicile StateTXLegalDomicileStateCd
Exempt Code Section501(C)(3)ExemptCodeSectionTxt
Public Charity StatusLINE 6PublicCharityStatusTxt
Controlled Organization0ControlledOrganizationInd
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts Rylts0ReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth OrgYes (1)GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth Org0GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other Org0LoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth Org0LoansOrGuaranteesFromOthOrgInd
Div Related Organization0DivRelatedOrganizationInd
Asset Sale To Other Org0AssetSaleToOtherOrgInd
Asset Purchase From Other Org0AssetPurchaseFromOtherOrgInd
Asset Exchange0AssetExchangeInd
Rental Of Facilities To Oth Org0RentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth Org0RentalOfFcltsFromOthOrgInd
Perform Of Services For Oth Org0PerformOfServicesForOthOrgInd
Perform Of Services By Other Org0PerformOfServicesByOtherOrgInd
Sharing Of FacilitiesYes (1)SharingOfFacilitiesInd
Paid Employees SharingYes (1)PaidEmployeesSharingInd
Reimbursement Paid To Other Org0ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other Org0ReimbursementPaidByOtherOrgInd
Transfer To Other Org0TransferToOtherOrgInd
Transfer From Other Org0TransferFromOtherOrgInd

Transactions Related Org TransactionsRelatedOrgGrp (3 entries)

Transaction TypeTransactionTypeTxtInvolvedInvolvedAmtMethod Of Amount DeterminationMethodOfAmountDeterminationTxt
TEXAS TECH UNIVERSITY SYSTEM
B$93,821,903CASH
TEXAS TECH UNIVERSITY SYSTEM
O$5,005,711ALLOCATION BASED ON TIME
TEXAS TECH UNIVERSITY SYSTEM
N$188,466ALLOCATION BASED ON TIME

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