2021-04-26T10:50:02-05:00 2020-06-30 BKD LLP 2700 Post Oak Blvd Ste 1500 HOUSTON TX 77056 990 2019-07-01 741185725 Texas A&M University 12th Man Foundation % KATHLEEN CURNUTT TEXA 9798468892 PO Box 2800 College Station TX 778412800 KATHLEEN CURNUTT VP OF FINANCE 9798468892 2020-11-15 true John W Steffes P00186434 7134994600 2019 2022-09-23 18:48:47Z KATHLEEN CURNUTT PO BOX 2800 COLLEGE STATION TX 778412800 79912811 false X 12THMANFOUNDATION.COM X 1950 TX THE 12TH MAN FOUNDATION'S MISSION IS TO FUND SCHOLARSHIPS, PROGRAMS AND FACILITIES IN SUPPORT OF CHAMPIONSHIP ATHLETICS AT TEXAS A&M. 15 15 188 15 0 0 59616581 57938102 0 0 2272648 -4136871 3493783 2095514 65383012 55896745 71517085 75840389 0 0 5256690 5260595 0 0 5054753 10249446 8419025 87023221 89520009 -21640209 -33623264 236905546 205287780 5017299 42604600 231888247 162683180 ENHANCE TEXAS A&M'S ATHLETIC SUCCESS BY FUNDING SCHOLARSHIPS, PROGRAMS AND FACILITIES IN SUPPORT OF CHAMPIONSHIP ATHLETICS; SERVE AS THE OFFICIAL TICKET PROVIDER FOR TEXAS A&M ATHLETICS; PROVIDE INDUSTRY-LEADING SERVICE FOR EXISTING AND PROSPECTIVE DONORS false false 75840389 75840389 CONTRIBUTIONS MADE TO OR FOR THE BENEFIT OF TEXAS A&M UNIVERSITY TO PROVIDE SCHOLARSHIPS TO STUDENT ATHLETES AND ADDITIONAL SUPPORT FOR PROGRAMS AND FACILITIES. 4262313 THE 12TH MAN FOUNDATION SERVES AS THE OFFICIAL TICKET PROVIDER FOR TEXAS A&M ATHLETICS. IN ADDITION, THE FOUNDATION PROVIDES INDUSTRY-LEADING SERVICE FOR EXISTING AND PROSPECTIVE DONORS. ALL COSTS ASSOCIATED WITH TICKET OPERATIONS AND PREMIUM SERVICES ARE CONSIDERED PROGRAM SERVICE EXPENSES. 80102702 true true false false false false false false false true true true false false false false true false false false false false false false false false false true false true false false false false false false false false true true false false false false false false false true 24 0 true 188 true false false false false true true true true false false false false false false X 15 15 false false false false true true false true true false false true true true true true true true true false X KATHLEEN CURNUTT 9798468892 756 HOUSTON STREET COLLEGE STATION TX 77843 X TRAVIS DABNEY PRESIDENT, CEO, EX-OFFICIO 40.0 0.0 X 348730 0 56515 RANDEL HOWARD SVP - FINANCE 40.0 0.0 X 219715 0 40194 WALTER BULLARD SVP - MAJOR GIFTS 40.0 0.0 X 201398 0 37426 JACOB GREEN VP - PRINCIPAL GIFTS 40.0 0.0 X 183996 0 29998 CAROLE DOLLINS SVP - TICKETING 40.0 0.0 X 166605 0 34070 MICHAEL SOLOMON SVP - ANNUAL FUND & DONOR SVCS 40.0 0.0 X 144364 0 31105 AMY JOYCE VP-BUSINESS INTELL. &TECH SVCS 40.0 0.0 X 123570 0 26204 ADAM QUISENBERRY VP - MARKETING & COMMUNICATION 40.0 0.0 X 98155 0 14576 KATHLEEN CURNUTT VP OF FINANCE 40.0 0.0 X 48802 0 3748 CINDY TAYLOR PAST CHAIR 1.0 0.0 X X 0 0 0 MONTY DAVIS IMMEDIATE PAST CHAIR 1.0 0.0 X X 0 0 0 DAVID DUNLAP BOARD CHAIR 1.0 0.0 X X 0 0 0 BOYD CHERRY TRUSTEE 1.0 0.0 X 0 0 0 CHRISTOPHER COOPER TRUSTEE 1.0 0.0 X 0 0 0 ROBERT DENNIS CHAIR ELECT 1.0 0.0 X X 0 0 0 JAY GRAHAM TRUSTEE 1.0 0.0 X 0 0 0 RANDALL HALE TRUSTEE 1.0 0.0 X 0 0 0 DARRYL HEATH TRUSTEE 1.0 0.0 X 0 0 0 RAY HUFFINES TRUSTEE 1.0 0.0 X 0 0 0 JACK LAFIELD TRUSTEE 1.0 0.0 X 0 0 0 KEVIN MCDONALD TRUSTEE 1.0 0.0 X 0 0 0 DON MEYER TRUSTEE 1.0 0.0 X 0 0 0 WAYNE ROBERTS TRUSTEE 1.0 0.0 X 0 0 0 JOE WRIGHT TRUSTEE 1.0 0.0 X 0 0 0 MICHELLE HICKOX TRUSTEE 1.0 0.0 X 0 0 0 GEORGE TREY HENDERSON TRUSTEE 1.0 0.0 X 0 0 0 DAVID COOLIDGE TRUSTEE 1.0 0.0 X 0 0 0 1535335 0 273836 8 false true false PACIOLAN INC PO BOX 824841 PHILADELPHIA PA 191824841 SOFTWARE SERVICES 461045 COVENANT TECHNOLOGY SERVICES 4900 WOODWAY STE 520 HOUSTON TX 77056 CONSULTING SERVICES 416236 NORTON ROSE FULLBRIGHT US LLP PO BOX 844284 DALLAS TX 752844284 LEGAL SERVICES 780013 CONSOLIDATED PRINTING PO BOX 55173 LITTLE ROCK AR 72215 PRINTING SERVICES 281119 LEARFIELD COMMUNICATIONS LLC PO BOX 843038 KANSAS CITY MO 641843038 ADVERTISING 180000 6 57938102 2845393 57938102 0 272503 272503 0 0 0 0 0 19606692 23992259 23807 -4385567 -23807 -4409374 -4409374 0 0 0 0 0 0 0 0 0 Ticket Handling Revenue 900099 984014 984014 Lettermen's Club Income 900099 210536 210536 All Other Misc Revenue 900099 900964 900964 2095514 55896745 -2041357 75840389 75840389 0 0 0 1371197 534353 397044 439800 0 2967870 1153929 856657 957284 370226 140863 116162 113201 269352 119216 62522 87614 281950 118188 71717 92045 0 527352 527352 107194 107194 0 0 557282 557282 196102 9582 27304 159216 936321 555681 62222 318418 156489 33213 51810 71466 979621 67325 868941 43355 0 82020 22608 51674 7738 129848 44586 19066 66196 0 51992 27764 15159 9069 0 0 312745 127992 172646 12107 79482 1188 78294 Donor Expenses 626961 149071 1308 476582 Credit Card Fees/Ticket Proces 1446424 799560 270 646594 Catering 837188 338426 43715 455047 LETTERMEN'S CLUB EXPENSES 179670 179670 1212334 18768 94545 1099021 89520009 80102702 4362554 5054753 0 0 73518835 14229864 40911961 37261612 31626 784974 0 0 0 0 0 0 0 0 312710 142266 5984788 2644722 3355148 3340066 823 34870571 118742443 114626427 0 0 0 0 32000 32000 236905546 205287780 2617700 602169 0 0 2399599 42002431 0 0 0 0 0 0 0 0 0 0 0 0 5017299 42604600 X 52669485 -4309133 179218762 166992313 231888247 162683180 236905546 205287780 X -33623264 6886003 -42467806 X false true X true false X 81165264 67516251 61040846 59616581 57938102 327277044 0 0 81165264 67516251 61040846 59616581 57938102 327277044 17771213 309505831 1456666 1630558 1620858 902691 272503 5883276 23586 28164 51750 92287 1871369 2063158 3493783 2095514 9616111 342828181 0.90280 0.92320 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 91186577 4223026 1085950 2646069 557282 93292202 87464353 3228826 3481651 2450966 537287 91186577 82097272 1321704 7260454 2688231 526846 87464353 71732371 3147492 9953650 2220369 515872 82097272 74697352 2576102 -1754756 3291985 494342 71732371 0.00000 0.58900 0.41100 false false 3466655 934185 2532470 2518133 1710537 807596 3340066 DEPOSITS WITH TEXAS A&M FDN 114626427 F 114626427 61652447 6886003 6886003 54766444 557282 573019 1130301 55896745 88395708 -567019 -567019 88962727 557282 557282 89520009 SCHEDULE D, PART V, LINE 4 INTENDED USE OF ENDOWMENT FUNDS ALL ARE TO SUPPORT THE TEXAS A&M UNIVERSITY ATHLETIC DEPARTMENT AND ARE PRIMARILY FOR SCHOLARSHIPS AND OTHER ACADEMIC SUPPORT. SCHEDULE D, PART XI, LINE 4B RECONCILITATION OF REVENUE PER AUDITED F/S WITH REVENUE PER RETURN REVENUE ON RETURN, NOT ON BOOKS: EVENT REVENUE OFFSETTING AUDIT EXPENSE $ 567,019 DONATED ART NOT RECORDED IN THE AUDITED REVENUE 6,000 --------- $ 573,019 SCHEDULE D, PART XII, LINE 2D RECONCILIATION OF EXPENSES PER AUDITED F/S WITH EXPENSES PER RETURN EXPENSES ON BOOKS, NOT ON RETURN: EVENT REVENUE OFFSETTING AUDIT EXPENSE $(567,019) SCHEDULE D, PART X, LINE 2 INCOME TAX LIABILITIES THE FOUNDATION IS EXEMPT FROM INCOME TAXES UNDER SECTION 501 OF THE INTERNAL REVENUE CODE AND A SIMILAR PROVISION OF STATE LAW. HOWEVER, THE FOUNDATION IS SUBJECT TO FEDERAL INCOME TAX ON ANY UNRELATED BUSINESS TAXABLE INCOME. THE FOUNDATION FILES TAX RETURNS IN THE U.S. FEDERAL JURISDICTION. true TEXAS A&M UNIVERSITY PO BOX 30017 COLLEGE STATION TX 77842 746000531 GOVT 75840389 SCHOLARSHIPS & ATHLETICS 1 SCHEDULE I, PART I, LINE 2 MONITORING USE OF GRANT FUNDS IN THE UNITED STATES THE FOUNDATION IS ORGANIZED FOR THE BENEFIT OF TEXAS A&M UNIVERSITY ATHLETICS DEPARTMENT AND AS SUCH TRANSFERS FUNDS IN DIRECT SUPPORT OF THE ATHLETICS DEPARTMENT INCLUDING ITS PROGRAMS, STUDENT ATHLETES, AND FACILITIES. X X true true X X X X false false false false false false false false false TRAVIS DABNEY PRESIDENT, CEO, EX-OFFICIO 263893 0 68750 0 16087 0 46750 0 9765 0 405245 0 0 0 RANDEL HOWARD SVP - FINANCE 181155 0 28044 0 10516 0 32181 0 8013 0 259909 0 0 0 MICHAEL SOLOMON SVP - ANNUAL FUND & DONOR SVCS 121829 0 19320 0 3215 0 22848 0 8257 0 175469 0 0 0 CAROLE DOLLINS SVP - TICKETING 131524 0 21598 0 13483 0 24784 0 9286 0 200675 0 0 0 WALTER BULLARD SVP - MAJOR GIFTS 152921 0 40238 0 8239 0 28046 0 9380 0 238824 0 0 0 JACOB GREEN VP - PRINCIPAL GIFTS 137953 0 33979 0 12064 0 23452 0 6546 0 213994 0 0 0 SCHEDULE J, PART I, LINE 1A TRAVEL FOR COMPANIONS IS LIMITED TO THE PRESIDENT/CEO AND IS ONLY FOR SPECIAL EVENTS WHERE THEIR SPOUSE IS EXPECTED TO BE THERE TO HELP HOST EVENTS. THE ORGANIZATION PAYS CLUB DUES FOR TRAVIS DABNEY, BRADY BULLARD AND JACOB GREEN IN THE AMOUNT OF $510 PER MONTH PER EMPLOYEE. ALL DUES ARE PAID PROPERLY AND ARE INCLUDED IN FORM W-2 WAGES AS A FRINGE BENEFIT. X 1 6000 FAIR MARKET VALUE X 75 2839393 GIFT DATE AVG VALUE 1 false true true SCHEDULE M, PART I, LINE 9, COLUMN (B) THE FOUNDATION RECEIVED 75 NONCASH CONTRIBUTIONS OF PUBLICLY TRADED SECURITIES AND 1 ART WORK. SCHEDULE M, PART I, LINE 32B THE FOUNDATION ALLOWS DONORS TO CONTRIBUTE STOCKS THROUGH OUTSIDE BROKERAGE AGENCIES INTO A FOUNDATION ACCOUNT. THESE STOCKS ARE THEN SOLD BY THE BROKERAGE AGENCIES AND THE FUNDS ARE TRANSFERRED TO FOUNDATION'S CASH ACCOUNTS. FORM 990, PART VI, SECTION A, LINE 6 ANY FORMER STUDENT OF TEXAS A&M UNIVERSITY OR FRIEND OF THE UNIVERSITY MAKING A FINANCIAL CONTRIBUTION DURING THE RELEVANT MEMBERSHIP YEAR SHALL BE ELIGIBLE TO BECOME A MEMBER OF THE FOUNDATION. THOSE ELIGIBLE FOR MEMBERSHIP SHALL BE APPROVED AND ACCEPTED BY THE FOUNDATION STAFF IN ACCORDANCE WITH CURRENT FOUNDATION POLICIES. THE BOARD OF TRUSTEES MAY, IN ITS SOLE SUBJECTIVE DISCRETION, ESTABLISH AND FROM TIME TO TIME REVISE, AMEND, OR SUPPLEMENT, ONE OR MORE LEVELS OF MEMBERSHIP AND THE QUALIFICATIONS FOR EACH SUCH LEVEL OF MEMBERSHIP, INCLUDING WITHOUT LIMITATION QUALIFICATIONS SUCH AS TOTAL AMOUNT OF LIFETIME GIVING TO THE FOUNDATION, AMOUNT OF A ONE-TIME GIFT TO THE FOUNDATION, OR ANY OTHER CRITERIA DESIGNATED BY THE BOARD OF TRUSTEES. REGARDLESS OF THE LEVEL OF MEMBERSHIP FOR WHICH A MEMBER QUALIFIES, EACH MEMBER SHALL BE ENTITLED TO CAST ONLY ONE VOTE OR SUBMIT ONLY ONE PROXY IN ANY ELECTION CONDUCTED BY THE FOUNDATION. FORM 990, PART VI, SECTION A, LINE 7A AT THE ANNUAL MEETING WHERE A QUORUM IS PRESENT, WHETHER IN PERSON OR BY PROXY, THE MEMBERSHIP SHALL CONSIDER ALL NOMINATIONS FOR CHAIR-ELECT AND THE NUMBER OF TRUSTEES REQUIRED BY THE BYLAWS, AND SHALL SELECT BY MAJORITY VOTE, EITHER IN PERSON OR THROUGH A PROXY, A CHAIR-ELECT AND THE NEW TRUSTEES. FORM 990, PART VI, SECTION B, LINE 11B THE ORGANIZATION ENGAGES AN OUTSIDE ACCOUNTING FIRM TO PREPARE FORM 990. ONCE PREPARED, THE FORM 990 IS REVIEWED BY BOTH THE PRESIDENT AND VICE-PRESIDENT OF FINANCE FOR THE 12TH MAN FOUNDATION WHO REPORT TO THE BOARD OF TRUSTEES. FORM 990, PART VI, SECTION B, LINE 12C UPON OR BEFORE ELECTION, HIRING OR APPOINTMENT, TRUSTEES AND KEY EMPLOYEES WILL MAKE A FULL, WRITTEN DISCLOSURE OF INTERESTS, RELATIONSHIPS, AND HOLDINGS THAT COULD POTENTIALLY RESULT IN A CONFLICT OF INTEREST. THIS WRITTEN DISCLOSURE WILL BE MADE AVAILABLE TO THE BOARD OF TRUSTEES AND WILL BE KEPT ON FILE. TRUSTEES AND KEY EMPLOYEES AGREE TO UPDATE THE WRITTEN DISCLOSURE AS APPROPRIATE. IN THE COURSE OF MEETINGS OR ACTIVITIES, TRUSTEES AND KEY EMPLOYEES WILL DISCLOSE TO ALL PRESENT ANY INTERESTS IN A TRANSACTION OR DECISION WHERE THEY (INCLUDING THEIR BUSINESS OR OTHER NONPROFIT AFFILIATIONS), FAMILY AND/OR SPOUSE, EMPLOYER, OR CLOSE ASSOCIATES COULD RECEIVE A BENEFIT OR GAIN. AFTER DISCLOSURE, THE TRUSTEE OR KEY EMPLOYEE WILL NOT PARTICIPATE IN THE DISCUSSION OF THE QUESTION NOR VOTE ON THE QUESTION. FORM 990, PART VI, SECTION B, LINES 15A & 15B THE DETERMINATION OF COMPENSATION FOR EXECUTIVES AND KEY EMPLOYEES IS DETERMINED BASED ON COMPARISON WITH SEVERAL PARAMETERS: A) INDUSTRY STANDARDS FOR NON-PROFIT ORGANIZATIONS AND ASSOCIATIONS AS REPRESENTED IN INDEPENDENT PUBLICATIONS REVIEWING ORGANIZATIONS OF THIS INDUSTRY; B) PEER REVIEW OF OTHER NON-PROFIT FUNDRAISING ORGANIZATIONS OF SIMILAR STRUCTURE AND DONATION SIZE AT OTHER UNIVERSITIES; C) OTHER NON-PROFIT FUNDRAISING GROUPS AT TEXAS A&M UNIVERSITY AND D) A COMPENSATION MATRIX BASED ON PERFORMANCE VERSUS ESTABLISHED GOALS. THE MOST RECENT COMPENSATION REVIEW WAS DONE FOR THE POSITION OF DIRECTOR OF HR IN 2019. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC THROUGH ITS WEBSITE. THE ORGANIZATION DOES NOT MAKE GOVERNING OR CONFLICT OF INTEREST DOCUMENTS AVAILABLE TO THE PUBLIC. FORM 990, PART XI, LINE 9 OTHER CHANGES IN NET ASSETS PRIOR PERIOD ADJUSTMENT FROM ASC 606 ADOPTION $(42,461,806) DONATED ART NOT RECORDED IN THE AUDITED REVENUE (6,000) ------------- $(42,467,806) ON JULY 1, 2019, THE FOUNDATION ADOPTED ASC TOPIC 606 USING A FULL RETROSPECTIVE METHOD OF ADOPTION TO ALL CONTRACTS WITH MEMBERS AT JULY 1, 2019. ADOPTION OF ASC TOPIC 606 RESULTED IN RECOGNITION OF REVENUE IN THE PERIOD IN WHICH THE RELATED ATHLETIC EVENTS OCCUR WHEREAS IN PREVIOUS YEARS SUCH REVENUES WERE RECOGNIZED IN THE PERIOD IN WHICH THE UNCONDITIONAL PROMISE TO GIVE WAS RECEIVED.