2018-07-13T11:02:34-05:00 2017-08-31 450250958 EIDE BAILLY LLP 400 PINE ST STE 600 ABILENE TX 796015190 990 2016-09-01 756043842 TEXAS TECH FOUNDATION INC TEXA 8067429000 PO BOX 45025 LUBBOCK TX 79409 GARY BARNES TREASURER 8067429000 2018-07-13 1 JOE MELSON CPA P00158111 3256724000 2018-07-13 2016 2022-09-23 18:48:47Z X GARY BARNES PO BOX 45025 LUBBOCK TX 79409 474540738 0 X WWW.GIVE2TECH.COM/FOUNDATION X 1939 TX ACCEPTANCE, INVESTMENT, AND DISTRIBUTION OF GIFTS FOR THE BENEFIT OF THE TTU SYSTEM. 38 38 0 46 0 0 85898090 70971175 0 0 26924002 44129610 89467 66148 112911559 115166933 58742530 66008784 0 0 0 0 0 0 827319 2338109 3045072 61080639 69053856 51830920 46113077 585737113 647744824 81163 211766 585655950 647533058 X SEE SCHEDULE O.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. 0 0 67723526 66008784 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. 67723526 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 0 0 0 0 X 38 38 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 DAVID ARRINGTON DIRECTOR 1.00 X 0 0 0 TONY AUSTIN VICE CHAIRMAN 1.00 X X 0 0 0 BRADLEY BARRON DIRECTOR 1.00 X 0 0 0 KENNETH BURGESS SR DIRECTOR 1.00 X 0 0 0 CURTIS CLERKLEY JR DIRECTOR 1.00 X 0 0 0 KELLY CROFOOT DIRECTOR 1.00 X 0 0 0 SCOTT DUESER DIRECTOR 1.00 X 0 0 0 TRACY ELMS DIRECTOR 1.00 X 0 0 0 FERN FINCK DIRECTOR 1.00 X 0 0 0 TERRY FULLER CHAIRMAN 1.00 X X 0 0 0 ALAN HENRY DIRECTOR 1.00 X 0 0 0 ROBERT HORSMAN DIRECTOR 1.00 X 0 0 0 ALLEN HOWARD DIRECTOR 1.00 X 0 0 0 J KELLY JOY DIRECTOR 1.00 X 0 0 0 PAULA KEY DIRECTOR 1.00 X 0 0 0 DON MADDOX DIRECTOR 1.00 X 0 0 0 ROBERT MATEJEK DIRECTOR 1.00 X 0 0 0 THOMAS MATHIASMEIER DIRECTOR 1.00 X 0 0 0 MICHAEL MCVEAN DIRECTOR 1.00 X 0 0 0 ALVIN NEW DIRECTOR 1.00 X 0 0 0 J DALE REDMAN SECRETARY 1.00 X X 0 0 0 SUSAN ROSE DIRECTOR 1.00 X 0 0 0 DEBRA SCIOLI DIRECTOR 1.00 X 0 0 0 TOM STACY DIRECTOR 1.00 X 0 0 0 DALE SWINBURN DIRECTOR 1.00 X 0 0 0 CALVIN TRAMMELL II DIRECTOR 1.00 X 0 0 0 DORY WILEY DIRECTOR 1.00 X 0 0 0 WILLIAM BROWN DIRECTOR 1.00 X 0 0 0 CHRIS AULDS DIRECTOR 1.00 X 0 0 0 DON CASH DIRECTOR 1.00 X 0 0 0 TIM CULP DIRECTOR 1.00 X 0 0 0 J PAT HICKMAN DIRECTOR 1.00 X 0 0 0 JOSHUA W HUNT DIRECTOR 1.00 X 0 0 0 MICHAEL F OWEN MD DIRECTOR 1.00 X 0 0 0 JACK RENTZ DIRECTOR 1.00 X 0 0 0 DONALD R SINCLAIR DIRECTOR 1.00 X 0 0 0 BEN STRIBLING DIRECTOR 1.00 X 0 0 0 ROBERT C TAYLOR JR DIRECTOR 1.00 X 0 0 0 0 0 0 0 0 0 0 0 55140 70916035 7475636 70971175 26802295 26802295 62319 62319 81183 0 81183 81183 81183 376521035 359193720 17327315 17327315 17327315 102731 55140 180085 -77354 -77354 115166933 0 0 44195758 66008784 66008784 32025 32025 354108 278515 75593 737625 32435 87534 617656 695295 686286 9009 422106 415810 6296 203644 277 203367 296878 1125 295753 PRINTING & REPRODUCTION 118751 117180 1571 MATERIALS & SUPPLIES 114379 113130 1249 RENTALS & LEASES 43408 43408 COMMUNICATION & UTILITI 15461 15461 11392 11392 69053856 67723526 503011 827319 5253546 4506049 69103914 78081188 24932 9981 374932 454842 374932 36100619 61988115 474775394 502771331 23866 13228 585737113 647744824 80888 51196 275 160570 81163 211766 X 38005130 47399883 42954078 61775436 504696742 538357739 585655950 647533058 585737113 647744824 46113077 15764031 0 X 0 1 X 1 0 X 40274560 31130749 49607243 85898090 70971175 277881817 40274560 31130749 49607243 85898090 70971175 277881817 75486780 202395037 17889639 19975293 23117695 26911052 26945797 114839476 392721293 0.51540 0.48360 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 514976750 18528380 39216831 23622424 549099537 514755785 21753359 2081515 23613909 514976750 521244080 21241406 -11913560 15816141 514755785 448955875 31902942 54436661 14051398 521244080 376724646 56643571 15741944 154286 448955875 0.01960 0.98040 0 0 374932 374932 374932 107411 F MUTUAL FUNDS AND PARTNERSHIPS 489224541 F CASH VALUE OF LIFE INSURANCE 5869617 F CHARITABLE REMAINDER TRUSTS 6103582 F MINERAL ROYALTIES 1277935 F OTHER 188245 F 502771331 142965986 15764031 12035022 27799053 115166933 0 115166933 69233941 180085 180085 69053856 0 69053856 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 EVENT EXPENSES 180,085. ENDOWMENT PLEDGES NOT RECORDED UNDER GASB 11,854,937. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EVENT EXPENSES 180,085. X X X X X 0 MENTOR TECH BANQUET 66470 21030 45440 2049 1100 18009 56900 8691 SPRING ROUND UP 67201 29110 38091 7976 3200 3242 1 24200 5000 19200 18828 6658 53432 157871 55140 102731 2049 1100 44813 66758 65365 180085 -77354 1 TEXAS TECH UNIVERSITY SYSTEM PO BOX 41092 LUBBOCK TX 79409 756002622 STATE OF TEXAS 66008784 TO PROMOTE HIGHER EDUCATION 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 FUNDS ARE TRANSFERRED DIRECTLY TO THE UNIVERSITY SYSTEM. PART IV- ADDITIONAL SUPPLEMENTAL INFORMATION PART II, LINE 1, COLUMN (H): NAME OF ORGANIZATION: TEXAS TECH UNIVERSITY SYSTEM (H) PURPOSE OF GRANT OR ASSISTANCE: TO PROMOTE HIGHER EDUCATION BY PROVIDING FUNDS FOR SCHOLARSHIPS AND GENERAL FUNDS FOR OPERATION EXPENSES OF THE TEXAS TECH UNIVERSITY SYSTEM. X 68 7171400 AVG HIGH/LOW X LIFE INS POLICY 1 304236 CASH SURRENDER 0 1 0 FORM 990, PART VI, SECTION A, LINE 3 LINE 3 EXPLANATION - 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 AND ON THE ORGANIZATION'S WEB SITE WWW.GIVE2TECH.COM/ABOUT/FINANCIALS. 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. TEXAS TECH UNIVERSITY SYSTEM 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 66008784 FMV