TEXAS TECH FOUNDATION INC: Form 990, tax year 2021
View the entire original 990 at ProPublica ↗
- Organization
- TEXAS TECH FOUNDATION INC (EIN 75-6043842)
- Tax period
- 2021-09-01 to 2022-08-31
- Filed
- 2023-07-17
- IRS object ID
- 202341989349302354
- Schema version
- 2021v4.2
- 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
- Form 990
- Schedule A
- Schedule B
- Schedule C
- Schedule D
- Schedule G
- Schedule I
- Schedule J
- Schedule M
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2023-07-17T15:00:10-05:00 | ReturnTs |
| Tax Period End | 2022-08-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 750882037 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BOLINGER SEGARS GILBERT AND MOSS LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 8215 NASHVILLE AVENUE | AddressLine1Txt |
| City | LUBBOCK | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 79423 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2021-09-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 756043842 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | TEXAS TECH FOUNDATION INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | TEXA | BusinessNameControlTxt |
| Phone | 8067429000 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 45025 | AddressLine1Txt |
| City | LUBBOCK | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 79409 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | PATRICK KRAMER | PersonNm |
| Person Title | CHIEF EXECUTIVE OFFICER | PersonTitleTxt |
| Phone | 8067429000 | PhoneNum |
| Signature | 2023-07-17 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | PATRICK | PersonFirstNm |
| Person Last | KRAMER | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | MATT R WILLIS | PreparerPersonNm |
| PTIN | P00419741 | PTIN |
| Phone | 8067473806 | PhoneNum |
| Preparation | 2023-07-17 | PreparationDt |
| Self Employed | Yes (X) | SelfEmployedInd |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 3 | TrustedCustomerCd |
| Authentication Assurance Level | AAL1 | AuthenticationAssuranceLevelCd |
| Identity Assurance Level | IAL1 | IdentityAssuranceLevelCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2021 | TaxYr |
| Build TS | 2023-04-26 12:10:37Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | PATRICK KRAMER | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 45025 | AddressLine1Txt |
| City | LUBBOCK | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 79409 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $152,039,330 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.GIVE2TECH.COM/FOUNDATION | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1939 | FormationYr |
| Legal Domicile State | TX | LegalDomicileStateCd |
| Activity Or Mission | ACCEPTANCE, INVESTMENT, AND DISTRIBUTION OF GIFTS FOR THE BENEFIT OF THE TTU SYSTEM. | ActivityOrMissionDesc |
| Voting Members Governing Body | 35 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 35 | VotingMembersIndependentCnt |
| Total Employee | 0 | TotalEmployeeCnt |
| Total Volunteers | 45 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $65,222,025 | PYContributionsGrantsAmt |
| CY Contributions Grants | $116,183,868 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $0 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $0 | CYProgramServiceRevenueAmt |
| PY Investment Income | -$9,973,140 | PYInvestmentIncomeAmt |
| CY Investment Income | $8,914,426 | CYInvestmentIncomeAmt |
| PY Other Revenue | $92,611 | PYOtherRevenueAmt |
| CY Other Revenue | $238,678 | CYOtherRevenueAmt |
| PY Total Revenue | $55,341,496 | PYTotalRevenueAmt |
| CY Total Revenue | $125,336,972 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $104,744,169 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $95,045,254 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $0 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $0 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $262,338 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $1,356,187 | PYOtherExpensesAmt |
| CY Other Expenses | $1,767,876 | CYOtherExpensesAmt |
| PY Total Expenses | $106,100,356 | PYTotalExpensesAmt |
| CY Total Expenses | $96,813,130 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | -$50,758,860 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $28,523,842 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $840,921,024 | TotalAssetsBOYAmt |
| Total Assets EOY | $849,587,948 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $5,287,712 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $4,223,248 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $835,633,312 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $845,364,700 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | SEE SCHEDULE O. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $95,045,254 | ExpenseAmt |
| Grant | $95,045,254 | GrantAmt |
| Desc | THE 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 2021-2022 THE FOUNDATION TRANSFERRED $95,045,254 TO THE TEXAS TECH UNIVERSITY SYSTEM AND AFFILIATED FOUNDATIONS. IT ALSO AWARDED 1 SCHOLARSHIP. | Desc |
| Total Program Service Expenses | $95,045,254 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | Yes (1) | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | Yes (1) | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | Yes (1) | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | 0 | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | 0 | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (1) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | 0 | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | Yes (1) | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | Yes (1) | GrantsToOrganizationsInd |
| Grants To Individuals | Yes (1) | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | 0 | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | Yes (1) | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | Yes (1) | DisregardedEntityInd |
| Related Entity | Yes (1) | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 0 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Employee | 0 | EmployeeCnt |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | Yes (1) | QuidProQuoContributionsInd |
| Quid Pro Quo Contri Discl | Yes (1) | QuidProQuoContriDisclInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 35 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 35 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | Yes (1) | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | 0 | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | 0 | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | 0 | CompensationProcessCEOInd |
| Compensation Process Other | 0 | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | AK | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | CO | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | FL | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | ME | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MD | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | MI | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | NH | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | OH | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | SC | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | TN | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | WA | StatesWhereCopyOfReturnIsFldCd |
| States Where Copy Of Return Is Fld | WV | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | TEXAS TECH UNIVERSITY SYSTEM | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 8067429000 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1508 KNOXVILLE AVE | AddressLine1Txt |
| City | LUBBOCK | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 79409 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (37 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt |
|---|---|---|---|---|---|---|
| TIM G CULP | ||||||
| CHAIRMAN | 2.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| TIM LANCASTER | ||||||
| VICE CHAIRMAN | 3.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| GARY BARNES | ||||||
| TREASURER | 1.00 | Yes (X) | Yes (X) | $0 | $375,508 | $39,376 |
| PATRICK KRAMER | ||||||
| CHIEF EXECUTIVE OFFICER | 1.00 | Yes (X) | Yes (X) | $0 | $341,313 | $34,381 |
| KIMBERLY C FORD | ||||||
| SECRETARY | 3.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| STEVE GRAY | ||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |
| J PAT HICKMAN | ||||||
| DIRECTOR | 0.25 | Yes (X) | $0 | $0 | $0 | |
| JAMES KEFFER | ||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |
| TOM MATHIASMEIER | ||||||
| DIRECTOR | 2.00 | Yes (X) | $0 | $0 | $0 | |
| GEORGE MCMAHAN | ||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |
| MICHAEL F OWEN MD | ||||||
| DIRECTOR | 5.00 | Yes (X) | $0 | $0 | $0 | |
| JACK RENTZ | ||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |
| DAVID SEGREST | ||||||
| DIRECTOR | 1.50 | Yes (X) | $0 | $0 | $0 | |
| JIM SKINNER | ||||||
| DIRECTOR | 2.00 | Yes (X) | $0 | $0 | $0 | |
| TOM STACY | ||||||
| DIRECTOR | 0.30 | Yes (X) | $0 | $0 | $0 | |
| BEN STRIBLING | ||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |
| ROBERT TAYLOR JR | ||||||
| DIRECTOR | 8.00 | Yes (X) | $0 | $0 | $0 | |
| LESLIE WARD | ||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |
| CLAY CASH | ||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |
| DENNIS KRUSE | ||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |
| RANDY MORRIS | ||||||
| DIRECTOR | 2.00 | Yes (X) | $0 | $0 | $0 | |
| CHRISTI QUINN | ||||||
| DIRECTOR | 1.50 | Yes (X) | $0 | $0 | $0 | |
| LEA WRIGHT | ||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |
| BRADLEY BOUMA | ||||||
| DIRECTOR | 2.00 | Yes (X) | $0 | $0 | $0 | |
| KYLE MCGRAW | ||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |
| HOLLAND O'NEAL | ||||||
| DIRECTOR | 0.25 | Yes (X) | $0 | $0 | $0 | |
| BEN STRICKLING | ||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |
| SCOTT WISNIEWSKI | ||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |
| DORY WILEY | ||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |
| CHERRY WRIGHT | ||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |
| DAVID ALDERSON | ||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |
| WALT CATHEY | ||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |
| ROBERT L DUNCAN | ||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |
| THOMAS NELSON | ||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |
| JUAN NEVAREZ | ||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |
| BARRY STREET | ||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |
| TIM WINN | ||||||
| DIRECTOR | 1.00 | Yes (X) | $0 | $0 | $0 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $0 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $716,821 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $73,757 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 0 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
| Cntrct Rcvd Greater Than100 K | 0 | CntrctRcvdGreaterThan100KCnt |
| Info In Schedule O Part VIII | Yes (X) | InfoInScheduleOPartVIIIInd |
| Fundraising | $601,051 | FundraisingAmt |
| All Other Contributions | $115,582,817 | AllOtherContributionsAmt |
| Noncash Contributions | $23,385,022 | NoncashContributionsAmt |
| Total Contributions | $116,183,868 | TotalContributionsAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $35,336,838 | TotalRevenueColumnAmt |
| Exclusion | $35,336,838 | ExclusionAmt |
Royalties Revenue RoyaltiesRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $221,386 | TotalRevenueColumnAmt |
| Exclusion | $221,386 | ExclusionAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $89,831 | RealAmt |
Less Rental Expenses LessRentalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $0 | RealAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $89,831 | RealAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $89,831 | TotalRevenueColumnAmt |
| Exclusion | $89,831 | ExclusionAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $26,422,412 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | -$26,422,412 | SecuritiesAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$26,422,412 | TotalRevenueColumnAmt |
| Exclusion | -$26,422,412 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $207,407 | FundraisingGrossIncomeAmt |
| Contri Rpt Fundraising Event | $601,051 | ContriRptFundraisingEventAmt |
| Fundraising Direct Expenses | $279,946 | FundraisingDirectExpensesAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$72,539 | TotalRevenueColumnAmt |
| Exclusion | -$72,539 | ExclusionAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $125,336,972 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $0 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $9,153,104 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $95,036,759 | TotalAmt |
| Program Services | $95,036,759 | ProgramServicesAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $8,495 | TotalAmt |
| Program Services | $8,495 | ProgramServicesAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $183 | TotalAmt |
| Management And General | $183 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $82,199 | TotalAmt |
| Management And General | $82,199 | ManagementAndGeneralAmt |
Fees For Services Lobbying FeesForServicesLobbyingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $180,000 | TotalAmt |
| Management And General | $180,000 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $167,414 | TotalAmt |
| Management And General | $167,414 | ManagementAndGeneralAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $261,589 | TotalAmt |
| Management And General | $21,628 | ManagementAndGeneralAmt |
| Fundraising | $239,961 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $202,297 | TotalAmt |
| Management And General | $189,506 | ManagementAndGeneralAmt |
| Fundraising | $12,791 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $112,389 | TotalAmt |
| Management And General | $112,389 | ManagementAndGeneralAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $51,027 | TotalAmt |
| Management And General | $48,613 | ManagementAndGeneralAmt |
| Fundraising | $2,414 | FundraisingAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $7,172 | TotalAmt |
| Fundraising | $7,172 | FundraisingAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $228,931 | TotalAmt |
| Management And General | $228,931 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Management And GeneralManagementAndGeneralAmt |
|---|---|---|
| RENTALS & LEASES | $319,260 | $319,260 |
| MATERIALS & SUPPLIES | $64,807 | $64,807 |
| COMMUNICATION | $58,979 | $58,979 |
| FEES & CHARGES | $23,483 | $23,483 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $8,146 | TotalAmt |
| Management And General | $8,146 | ManagementAndGeneralAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $96,813,130 | TotalAmt |
| Program Services | $95,045,254 | ProgramServicesAmt |
| Management And General | $1,505,538 | ManagementAndGeneralAmt |
| Fundraising | $262,338 | FundraisingAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,721,439 | BOYAmt |
| EOY | $2,948,877 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $62,792,269 | BOYAmt |
| EOY | $56,745,959 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $4,801 | BOYAmt |
| EOY | $1,582 | EOYAmt |
Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,898 | BOYAmt |
| EOY | $6,898 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,000 | BOYAmt |
| EOY | $6,000 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $428,049 | LandBldgEquipCostOrOtherBssAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $853,049 | BOYAmt |
| EOY | $428,049 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $687,346,732 | BOYAmt |
| EOY | $718,883,401 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $69,902,894 | BOYAmt |
| EOY | $55,622,495 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $16,286,942 | BOYAmt |
| EOY | $14,944,687 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $840,921,024 | BOYAmt |
| EOY | $849,587,948 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $67,540 | BOYAmt |
| EOY | $103,265 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,220,172 | BOYAmt |
| EOY | $4,119,983 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,287,712 | BOYAmt |
| EOY | $4,223,248 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $7,247,090 | BOYAmt |
| EOY | $6,657,145 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $828,386,222 | BOYAmt |
| EOY | $838,707,555 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $835,633,312 | BOYAmt |
| EOY | $845,364,700 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $840,921,024 | BOYAmt |
| EOY | $849,587,948 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $28,523,842 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | -$18,841,159 | NetUnrlzdGainsLossesInvstAmt |
| Prior Period Adjustments | $48,705 | PriorPeriodAdjustmentsAmt |
| Other Changes In Net Assets | $0 | OtherChangesInNetAssetsAmt |
| Info In Schedule O Part XII | Yes (X) | InfoInScheduleOPartXIIInd |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| College Organization | Yes (X) | CollegeOrganizationInd |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $53,440,392 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $98,513,262 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $61,661,312 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $65,222,025 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $116,183,868 | CurrentTaxYearAmt |
| Total | $395,020,859 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $53,440,392 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $98,513,262 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $61,661,312 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $65,222,025 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $116,183,868 | CurrentTaxYearAmt |
| Total | $395,020,859 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $26,995,450 | SubstantialContributorsTotAmt |
| Public Support Total170 | $368,025,409 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $27,903,769 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $29,894,552 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $31,774,189 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $32,571,037 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $35,648,055 | CurrentTaxYearAmt |
| Total | $157,791,602 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $552,812,461 | TotalSupportAmt |
| Gross Receipts Rltd Activities | $779,021 | GrossReceiptsRltdActivitiesAmt |
| Public Support CY170 | 0.66570 | PublicSupportCY170Pct |
| Public Support PY170 | 0.65820 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule C IRS990ScheduleC
Total Grassroots Lobbying TotalGrassrootsLobbyingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $180,000 | FilingOrganizationsTotalAmt |
Total Direct Lobbying TotalDirectLobbyingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $0 | FilingOrganizationsTotalAmt |
Total Lobbying Expend TotalLobbyingExpendGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $180,000 | FilingOrganizationsTotalAmt |
Other Exempt Purpose Expend OtherExemptPurposeExpendGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $96,633,130 | FilingOrganizationsTotalAmt |
Total Exempt Purpose Expend TotalExemptPurposeExpendGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $96,813,130 | FilingOrganizationsTotalAmt |
Lobbying Nontaxable Amount LobbyingNontaxableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $1,000,000 | FilingOrganizationsTotalAmt |
Grassroots Nontaxable GrassrootsNontaxableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $250,000 | FilingOrganizationsTotalAmt |
Tot Lbbyng Grassroot Mns Non Tx TotLbbyngGrassrootMnsNonTxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $0 | FilingOrganizationsTotalAmt |
Tot Lbby Expend Mns Lbbyng Non Tx TotLbbyExpendMnsLbbyngNonTxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $0 | FilingOrganizationsTotalAmt |
Avg Grassroots Lobbying Expend AvgGrassrootsLobbyingExpendGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year Minus1 | $150,000 | CurrentYearMinus1Amt |
| Current Year | $180,000 | CurrentYearAmt |
| Total | $330,000 | TotalAmt |
Schedule D IRS990ScheduleD
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $728,238,846 | BeginningYearBalanceAmt |
| Contributions | $57,081,957 | ContributionsAmt |
| Investment Earnings Or Losses | -$7,451,054 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $34,814,031 | OtherExpendituresAmt |
| End Year Balance | $743,055,718 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $576,940,849 | BeginningYearBalanceAmt |
| Contributions | $22,437,757 | ContributionsAmt |
| Investment Earnings Or Losses | $160,601,277 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $31,741,037 | OtherExpendituresAmt |
| End Year Balance | $728,238,846 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $569,518,004 | BeginningYearBalanceAmt |
| Contributions | $27,872,704 | ContributionsAmt |
| Investment Earnings Or Losses | $10,357,778 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $30,807,637 | OtherExpendituresAmt |
| End Year Balance | $576,940,849 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $576,097,051 | BeginningYearBalanceAmt |
| Contributions | $25,402,539 | ContributionsAmt |
| Investment Earnings Or Losses | -$2,980,914 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $29,000,672 | OtherExpendituresAmt |
| End Year Balance | $569,518,004 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $549,099,537 | BeginningYearBalanceAmt |
| Contributions | $21,149,638 | ContributionsAmt |
| Investment Earnings Or Losses | $33,325,462 | InvestmentEarningsOrLossesAmt |
| Other Expenditures | $27,477,586 | OtherExpendituresAmt |
| End Year Balance | $576,097,051 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 0.01040 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 0.98810 | PrmnntEndowmentBalanceEOYPct |
| Term Endowment Balance EOY | 0.00150 | TermEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | 0 | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | 0 | EndowmentsHeldRelatedOrgInd |
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | $428,049 | InvestmentCostOrOtherBasisAmt |
| Book Value | $428,049 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $428,049 | TotalBookValueLandBuildingsAmt |
Financial Derivatives FinancialDerivativesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Book Value | $51,232,288 | BookValueAmt |
| Method Valuation | F | MethodValuationCd |
Other Securities OtherSecuritiesGrp (2 entries)
| DescDesc | Book ValueBookValueAmt | Method ValuationMethodValuationCd |
|---|---|---|
| INVESTMENTS HELD BY BROKERS | $4,388,572 | F |
| EQUITY INVESTMENTS | $1,635 | F |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Securities | $55,622,495 | TotalBookValueSecuritiesAmt |
| Total Rev Etc Audited Fincl Stmt | $127,973,793 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | -$18,841,159 | NetUnrealizedGainsInvstAmt |
| Donated Services And Use Fclts | $4,755,189 | DonatedServicesAndUseFcltsAmt |
| Other Revenue | $16,722,791 | OtherRevenueAmt |
| Revenue Not Reported | $2,636,821 | RevenueNotReportedAmt |
| Revenue Subtotal | $125,336,972 | RevenueSubtotalAmt |
| Revenue Not Reported Fincl Stmt | $0 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $125,336,972 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $118,291,110 | TotExpnsEtcAuditedFinclStmtAmt |
| Donated Services Use Fclts | $4,755,189 | DonatedServicesUseFcltsAmt |
| Other Expenses Included | $16,722,791 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $21,477,980 | ExpensesNotReportedAmt |
| Expenses Subtotal | $96,813,130 | ExpensesSubtotalAmt |
| Expenses Not Rpt Fincl Stmt | $0 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $96,813,130 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (3 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| 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 279,946. RED RAIDER FACILITIES FOUNDATION INCOME 16,442,845. |
| PART XII, LINE 2D - OTHER ADJUSTMENTS: | FUNDRAISING EXPENSES REPORTED ON PART VIII LINE 8B 279,946. RED RAIDER FACILITIES FOUNDATION INCOME 16,442,845. |
Schedule G IRS990ScheduleG
Fundraising Event Information FundraisingEventInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Event1 | DALLAS SCHOLARSHIP EVENT | Event1Nm |
| Gross Receipts Event1 | $241,100 | GrossReceiptsEvent1Amt |
| Charitable Contri Event1 | $153,852 | CharitableContriEvent1Amt |
| Gross Revenue Event1 | $87,248 | GrossRevenueEvent1Amt |
| Rent Facility Costs Event1 | $39,075 | RentFacilityCostsEvent1Amt |
| Food And Beverage Event1 | $64,138 | FoodAndBeverageEvent1Amt |
| Entertainment Event1 | $30,360 | EntertainmentEvent1Amt |
| Other Direct Expenses Event1 | $14,983 | OtherDirectExpensesEvent1Amt |
| Event2 | SPRING ROUNDUP | Event2Nm |
| Gross Receipts Event2 | $196,959 | GrossReceiptsEvent2Amt |
| Charitable Contri Event2 | $137,529 | CharitableContriEvent2Amt |
| Gross Revenue Event2 | $59,430 | GrossRevenueEvent2Amt |
| Entertainment Event2 | $800 | EntertainmentEvent2Amt |
| Other Direct Expenses Event2 | $8,215 | OtherDirectExpensesEvent2Amt |
| Other Events Total | 3 | OtherEventsTotalCnt |
| Gross Receipts Other Events | $370,399 | GrossReceiptsOtherEventsAmt |
| Charitable Contri Other Events | $309,670 | CharitableContriOtherEventsAmt |
| Gross Revenue Other Events | $60,729 | GrossRevenueOtherEventsAmt |
| Non Cash Prizes Other Events | $10,632 | NonCashPrizesOtherEventsAmt |
| Rent Fclty Costs Other Events | $9,065 | RentFcltyCostsOtherEventsAmt |
| Food And Beverage Other Events | $38,326 | FoodAndBeverageOtherEventsAmt |
| Entertainment Other Events | $40,180 | EntertainmentOtherEventsAmt |
| Oth Direct Expnss Other Events | $24,172 | OthDirectExpnssOtherEventsAmt |
| Gross Receipts Total | $808,458 | GrossReceiptsTotalAmt |
| Charitable Contributions Tot | $601,051 | CharitableContributionsTotAmt |
| Gross Revenue Total Events | $207,407 | GrossRevenueTotalEventsAmt |
| Non Cash Prizes Total Events | $10,632 | NonCashPrizesTotalEventsAmt |
| Rent Fclty Costs Total Events | $48,140 | RentFcltyCostsTotalEventsAmt |
| Food And Beverage Total Events | $102,464 | FoodAndBeverageTotalEventsAmt |
| Entertainment Total Events | $71,340 | EntertainmentTotalEventsAmt |
| Oth Direct Expnss Total Events | $47,370 | OthDirectExpnssTotalEventsAmt |
| Direct Expense Summary Events | $279,946 | DirectExpenseSummaryEventsAmt |
| Net Income Summary | -$72,539 | NetIncomeSummaryAmt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Recipient Table RecipientTable (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Recipient EINRecipientEIN | IRC SectionIRCSectionDesc | Cash GrantCashGrantAmt | Non Cash AssistanceNonCashAssistanceAmt | Purpose Of GrantPurposeOfGrantTxt |
|---|---|---|---|---|---|---|---|---|
| TEXAS TECH UNIVERSITY SYSTEM | ||||||||
| PO BOX 41092 | LUBBOCK | TX | 79409 | 756002622 | STATE OF TEXAS | $94,786,759 | $0 | TO PROMOTE HIGHER EDUCATION BY PROVIDING FUNDS FOR SCHOLARSHIPS AND GENERAL FUNDS FOR OPERATION EXPENSES OF THE TEXAS TECH UNIVERSITY SYSTEM. |
| RED RAIDER FACILITIES FOUNDATION INC | ||||||||
| 801 CHERRY STREET | FT WORTH | TX | 76102 | 873740602 | 501(C)(3) | $250,000 | $0 | TO SUPPORT AND PROMOTE, AND OTHERWISE HOLD, INVEST AND ADMINISTER PROPERTY AND MAKE EXPENDITURES FOR THE BENEFIT OF ATHLETICS AT TEXAS TECH UNIVERSITY. |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 2 | Total501c3OrgCnt |
| Total Other Org | 0 | TotalOtherOrgCnt |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Type | SCHOLARSHIP AWARDS | GrantTypeTxt |
| Recipient | 2 | RecipientCnt |
| Cash Grant | $8,495 | CashGrantAmt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 2: | FormAndLineReferenceDesc |
| Explanation | THE 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | 0 | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | 0 | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (2 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| GARY BARNES | ||||||||||||||
| TREASURER | $0 | $370,000 | $0 | $0 | $0 | $5,508 | $0 | $31,878 | $0 | $7,498 | $0 | $414,884 | $0 | $0 |
| PATRICK KRAMER | ||||||||||||||
| CHIEF EXECUTIVE OFFICER | $0 | $341,313 | $0 | $0 | $0 | $0 | $0 | $19,720 | $0 | $14,661 | $0 | $375,694 | $0 | $0 |
Schedule M IRS990ScheduleM
Securities Publicly Traded SecuritiesPubliclyTradedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 192 | ContributionCnt |
| Noncash Contributions Rpt F990 | $22,611,977 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | AVG HIGH/LOW | MethodOfDeterminingRevenuesTxt |
Other Non Cash Contri Table OtherNonCashContriTableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Desc | LIFE INSURANCE POLICIES | Desc |
| Contribution | 5 | ContributionCnt |
| Noncash Contributions Rpt F990 | $717,957 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | CASH SURRENDER VALUE | MethodOfDeterminingRevenuesTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | Yes (1) | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | 0 | ThirdPartiesUsedInd |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (9 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| 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 3 | TEXAS 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 11B | AN 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 12C | ANNUALLY 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 18 | THE FORM 990 IS AVAILABLE UPON REQUEST AT THE ORGANIZATIONS OFFICE LOCATED IN LUBBOCK, TEXAS. |
| FORM 990, PART VI, SECTION C, LINE 19 | THE 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 7 | THE 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 2C | THE 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. |
| FORM 990, PART XI, LINE 8 | PRIOR PERIOD ADJUSTMENT - A RESTATEMENT OF BEGINNING NET POSITION FOR FISCAL YEAR 2022 WAS NECESSARY TO APPROPRIATELY ACCOUNT FOR THE FOUNDATION'S PROPORTIONAL SHARE OF INVESTMENT BALANCES INCLUDING FAIR VALUE ADJUSTMENTS OF INVESTMENTS BETWEEN THE FOUNDATION AND THE SYSTEM'S COMBINED FINANCIALS. THIS RESTATEMENT RESULTED IN THE EXCHANGE OF CASH EQUIVALENTS FOR INVESTMENTS IN THE AMOUNT OF $671,255 AND RECOGNIZING A FAIR VALUE ADJUSTMENT OF INVESTMENTS OF $48,705. |
Schedule R IRS990ScheduleR
Id Disregarded Entities IdDisregardedEntitiesGrp
Disregarded Entity Name DisregardedEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | TTFI HOLDINGS LLC | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 45025 | AddressLine1Txt |
| City | LUBBOCK | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 79409 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 756043842 | EIN |
| Primary Activities | ACCEPTANCE AND MANAGEMENT OF GIFTS TO TEXAS TECH UNIVERSITY | PrimaryActivitiesTxt |
| Legal Domicile State | DE | LegalDomicileStateCd |
| Total Income | $0 | TotalIncomeAmt |
| End Of Year Assets | $2,169,715 | EndOfYearAssetsAmt |
Direct Controlling Entity Name DirectControllingEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | TEXAS TECH FOUNDATION INC | BusinessNameLine1Txt |
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp
Disregarded Entity Name DisregardedEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | TEXAS TECH UNIVERSITY SYSTEM | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 41092 | AddressLine1Txt |
| City | LUBBOCK | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 79409 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 756002622 | EIN |
| Primary Activities | INSTITUTION OF HIGHER LEARNING | PrimaryActivitiesTxt |
| Legal Domicile State | TX | LegalDomicileStateCd |
| Exempt Code Section | 501(C)(3) | ExemptCodeSectionTxt |
| Public Charity Status | LINE 6 | PublicCharityStatusTxt |
| Controlled Organization | 0 | ControlledOrganizationInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | 0 | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | Yes (1) | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | 0 | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | 0 | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | 0 | DivRelatedOrganizationInd |
| Asset Sale To Other Org | 0 | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | 0 | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | 0 | AssetExchangeInd |
| Rental Of Facilities To Oth Org | 0 | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | 0 | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | 0 | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | 0 | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | Yes (1) | SharingOfFacilitiesInd |
| Paid Employees Sharing | Yes (1) | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | 0 | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | 0 | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | 0 | TransferToOtherOrgInd |
| Transfer From Other Org | 0 | TransferFromOtherOrgInd |
Transactions Related Org TransactionsRelatedOrgGrp (3 entries)
| Transaction TypeTransactionTypeTxt | InvolvedInvolvedAmt | Method Of Amount DeterminationMethodOfAmountDeterminationTxt |
|---|---|---|
| TEXAS TECH UNIVERSITY SYSTEM | ||
| B | $94,786,759 | CASH |
| TEXAS TECH UNIVERSITY SYSTEM | ||
| O | $4,548,160 | ALLOCATION BASED ON TIME |
| TEXAS TECH UNIVERSITY SYSTEM | ||
| N | $207,028 | ALLOCATION BASED ON TIME |
Comments