2020-07-13T08:20:50-05:00 2019-08-31 750882037 BOLINGER SEGARS GILBERT AND MOSS LLP 8215 NASHVILLE AVENUE LUBBOCK TX 79423 990 2018-09-01 756043842 TEXAS TECH FOUNDATION INC TEXA 8067429000 PO BOX 45025 LUBBOCK TX 79409 GARY BARNES TREASURER 8067429000 2020-07-09 1 MATT R WILLIS P00419741 8067473806 2020-07-08 X 65.182.80.152 2020-07-09 10:34:56 CD P D9E0A4595174F1DF063C54957216FC21122CDCDE 63C74B8E815B1F0816197D2F3E7BFD2222AD4123 2018 2020-09-22 18:59:49Z GARY BARNES PO BOX 45025 LUBBOCK TX 79409 128704191 0 X WWW.GIVE2TECH.COM/FOUNDATION X 1939 TX ACCEPTANCE, INVESTMENT, AND DISTRIBUTION OF GIFTS FOR THE BENEFIT OF THE TTU SYSTEM. 36 36 0 43 0 0 53440392 98513262 0 0 19910143 -21296933 -135006 380098 73215529 77596427 53972809 63757254 0 0 0 0 0 0 341271 2815029 1336752 56787838 65094006 16427691 12502421 680901283 712971429 4142325 3823263 676758958 709148166 X SEE SCHEDULE O. 0 0 63757254 63757254 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 2018-2019 THE FOUNDATION TRANSFERRED $63,757,254 TO THE TEXAS TECH UNIVERSITY SYSTEM. 63757254 1 1 0 0 0 0 0 0 0 1 1 1 0 0 0 0 1 0 0 0 0 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 1 1 1 1 0 0 0 0 0 X 36 36 0 1 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 0 0 0 X TEXAS TECH UNIVERSITY SYSTEM 8067429000 1508 KNOXVILLE AVE LUBBOCK TX 79409 X DON MADDOX CHAIRMAN 2.00 X X 0 0 0 DONALD R SINCLAIR VICE CHAIRMAN 0.75 X X 0 0 0 J DALE REDMAN SECRETARY 1.00 X X 0 0 0 GARY BARNES TREASURER 1.00 X X 0 0 0 PATRICK KRAMER CHIEF OPERATING OFFICER 1.00 X X 0 0 0 DAVID H ARRINGTON DIRECTOR 1.00 X 0 0 0 A CHRIS AULDS DIRECTOR 1.50 X 0 0 0 CURTIS W CLERKLEY JR DIRECTOR 1.00 X 0 0 0 KELLY CROFOOT DIRECTOR 1.00 X 0 0 0 TIM G CULP DIRECTOR 1.00 X 0 0 0 TRACY K ELMS DIRECTOR 2.00 X 0 0 0 TOM FOGARTY DIRECTOR 6.00 X 0 0 0 KIMBERLY C FORD DIRECTOR 1.00 X 0 0 0 TERRY E FULLER DIRECTOR 4.00 X 0 0 0 STEVE GRAY DIRECTOR 1.00 X 0 0 0 J PAT HICKMAN DIRECTOR 0.25 X 0 0 0 ALLEN D HOWARD DIRECTOR 1.00 X 0 0 0 JOSH HUNT DIRECTOR 1.00 X 0 0 0 J KELLY JOY DIRECTOR 1.00 X 0 0 0 JAMES KEFFER DIRECTOR 1.00 X 0 0 0 TOM MATHIASMEIER DIRECTOR 2.00 X 0 0 0 GEORGE MCMAHAN DIRECTOR 1.00 X 0 0 0 ALVIN NEW DIRECTOR 1.25 X 0 0 0 MICHAEL F OWEN MD DIRECTOR 5.00 X 0 0 0 JACK RENTZ DIRECTOR 1.00 X 0 0 0 SUSAN ROSE DIRECTOR 1.00 X 0 0 0 DEBRA SCIOLI DIRECTOR 1.00 X 0 0 0 DAVID SEGREST DIRECTOR 1.00 X 0 0 0 JIM SKINNER DIRECTOR 1.00 X 0 0 0 TOM STACY DIRECTOR 1.00 X 0 0 0 BEN STRIBLING DIRECTOR 1.00 X 0 0 0 DALE SWINBURN DIRECTOR 1.00 X 0 0 0 ROBERT TAYLOR JR DIRECTOR 8.00 X 0 0 0 CALVIN C TRAMMELL II DIRECTOR 1.00 X 0 0 0 LESLIE WARD DIRECTOR 1.00 X 0 0 0 DORY A WILEY DIRECTOR 0.25 X 0 0 0 DUSTIN R WOMBLE DIRECTOR 1.00 X 0 0 0 DON CASH DIRECTOR 1.00 X 0 0 0 0 0 0 0 0 0 0 0 X 516778 97996484 3357393 98513262 29624099 29624099 149228 149228 121225 0 121225 121225 121225 50921032 -50921032 -50921032 -50921032 296377 516778 186732 109645 109645 77596427 0 0 -20916835 63757254 63757254 8282 8282 48000 48000 180310 180310 377469 71140 306329 184026 184026 10696 10696 132841 129630 3211 31731 31731 237984 237984 RENTALS & LEASES 76155 76155 MATERIALS & SUPPLIES 26841 26841 PRINTING & REPRODUCTION 18725 18725 REPAIRS & MAINTENANCE 2679 2679 1013 1013 65094006 63757254 995481 341271 5145258 4058430 69261181 94468202 15787 13609 177258 182206 374932 374932 374932 551384218 556618039 42962347 45243712 11580302 12012299 680901283 712971429 80473 60764 4061852 3762499 4142325 3823263 X 11670724 6800633 165787002 180461285 499301232 521886248 676758958 709148166 680901283 712971429 12502421 19886787 0 X X 0 1 X 1 0 X 49607243 85898090 70971175 53440392 98513262 358430162 49607243 85898090 70971175 53440392 98513262 358430162 54618001 303812161 23117695 26911052 26945797 27903769 29894552 134772865 493203027 517828 0.61600 0.55090 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 576097051 25402539 -2980914 29000672 569518004 549099537 21149638 33325462 27477586 576097051 514976750 18528380 39216831 23622424 549099537 514755785 21753359 2081515 23613909 514976750 521244080 21241406 -11913560 15816141 514755785 0.01130 0.98850 0.00020 0 0 374932 374932 374932 41686757 F INVESTMENTS HELD BY BROKERS 3553347 F EQUITY INVESTMENTS 3608 F 45243712 101906372 19886787 4236426 186732 24309945 77596427 0 77596427 69517164 4236426 186732 4423158 65094006 0 65094006 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 PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES REPORTED ON PART VIII LINE 8B AN EVENING WITH SUSAN GRAHAM 269608 201943 67665 9025 22859 6135 88788 SPRING ROUND UP 225325 123451 101874 3000 4762 800 4170 5 318222 191384 126838 167 5570 26788 14668 813155 516778 296377 167 17595 54409 6935 107626 186732 109645 1 TEXAS TECH UNIVERSITY SYSTEM PO BOX 41092 LUBBOCK TX 79409 756002622 STATE OF TEXAS 63757254 TO PROMOTE HIGHER EDUCATION BY PROVIDING FUNDS FOR SCHOLARSHIPS AND GENERAL FUNDS FOR OPERATION EXPENSES OF THE TEXAS TECH UNIVERSITY SYSTEM. 1 PART I, LINE 2: THE ORGANIZATION'S PURPOSE IS TO PROVIDE FUNDS TO THE TEXAS TECH UNIVERSITY SYSTEM FOR SCHOLARSHIPS AND ADMINISTRATION OF THE UNIVERSITY. ALL UNIVERSITY AWARDS THE SCHOLARSHIPS TO THE STUDENTS AND THEN MONITORS THE SCHOLARSHIP. X 118 2741623 AVG HIGH/LOW X 1 615772 APPRAISAL 0 1 0 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 WILL BE DISTRIBUTED TO THE AUDIT COMMITTEE PRIOR TO ITS SUBMISSION. THE AUDIT COMMITTEE WILL HAVE AN OPPORTUNITY TO ASK QUESTIONS OR RECOMMEND CHANGES BEFORE THE RETURN IS FILED. 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. TEXAS TECH UNIVERSITY SYSTEM PO BOX 41092 LUBBOCK TX 79409 756002622 INSTITUTION OF HIGHER LEARNING TX 501(C)(3) LINE 6 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 TEXAS TECH UNIVERSITY SYSTEM B 63757254 FMV