2017-11-20T12:45:52-08:00 2016-12-31 Hahn & Oldham PC 100 E Kleberg Ave Suite 200 Kingsville TX 78363 990 2016-01-01 237166534 Texas A&M University - Kingsville Foundation Inc TEXA 3615932208 P O Box 2202 Station 1 Kingsville TX 78363 Leonard A Bedell Treasurer 2017-11-17 true Mary Ann Oldham P00116937 3615954211 2016 2017-02-10 21:41:12Z 36236128 false false X http://www.tamukfoundation.org/ X 1972 TX The Foundation is organized exclusively for the purpose of supporting Texas A&M University-Kingsville by assisting in fundraising activities, investing and stewarding gifts received on behalf of the University and distributing funds in accordance with donors' wishes to support the University and its students. 18 18 3 0 -47310 13761057 3500388 0 1586255 2676626 15307 9326 15362619 6186340 3071034 2888792 0 103125 0 0 106262 816633 968825 3990792 3857617 11371827 2328723 71951430 76098037 1039278 1103824 70912152 74994213 The Foundation is organized exclusively for the purpose of supporting Texas A&M University-Kingsville by assisting in fundraising activities, investing and stewarding gifts received on behalf of the University and distributing funds in accordance with donors' wishes to support the University and its students. false false 3109838 2888792 The Foundation was formed to provide support to the University. It fulfills that mission by assisting in the solicitation of donations from businesses, other foundations and individuals; the proceeds are intended to support students, faculty and programs at the University. The Foundation receives, invests and administers donations and makes funds available to the University for scholarships, research and faculty and department support. 3109838 true true false false false false false false false true true false false false true true true false false false false false false false false false false true false false false false false false false false false false false false false true false false false false false false false false false true 13 0 true 3 true false false false false false false false true 1 false false false false false false false false false false X 18 18 true false false false false false false true true false false true true true true true true true true false X Office Staff 3615932208 1050 W Santa Gertrudis 3rd Floor MS Kingsville TX 78363 X X Balous Miller Director 1.00 0.00 X 0 0 0 Maria Crowley Thru 11-18-16 Director 1.00 0.00 X 0 0 0 Tom Best Director 1.00 0.00 X 0 0 0 Mr J Philip McCormick Director 1.00 0.00 X 0 0 0 A C Jones Resigned 8-31 Director 1.00 0.00 X 0 0 0 Eugene Dawson Jr Director 1.00 0.00 X 0 0 0 James Pettus III Director 1.00 0.00 X 0 0 0 Mr Richard P Ritchie Director 1.00 0.00 X 0 0 0 Christopher Kleberg Director 1.00 0.00 X 0 0 0 Renato Ramirez Director 1.00 0.00 X 0 0 0 Alvaro Hinojosa Director 1.00 0.00 X 0 0 0 Robert J Underbrink Director 1.00 0.00 X 0 0 0 Kevin Beasley Director 1.00 0.00 X 0 0 0 Romeo Perez Director 1.00 0.00 X 0 0 0 LTG Ret Ricardo S Sanchez Chairman 5.00 0.00 X X 0 0 0 Bill Colston Jr 1st Vice-Chair 2.00 0.00 X X 0 0 0 Stephen J Kleberg -Thru 11-18 1st Vice-Chair 2.00 0.00 X X 0 0 0 Mrs Jean Claire Turcotte 2nd Vice-Chair 2.00 0.00 X X 0 0 0 Mr Hugh Morrison Secretary 2.00 0.00 X X 0 0 0 Leonard A Bedell Treasurer 8.00 0.00 X X 0 0 0 Dr Steven H Tallant PhD Ex Officio Mbr 0.00 0.00 X 0 0 0 Bradley Walker Executive Dir. 40.00 0.00 X 0 0 0 0 false false false South Texas Money Management Ltd 700 N St Marys Street Suite 100 San Antonio TX 78205 Investment Managemen 176049 1 3500388 598981 3500388 0 1144267 1144267 0 9326 9326 0 31582147 30049788 1532359 1532359 1532359 0 0 0 0 6186340 1532359 1153593 2883792 2883792 5000 5000 0 0 0 0 0 0 0 0 200004 100002 100002 0 85395 85395 0 0 402210 402210 332966 317083 15883 0 6395 2132 2131 2132 0 0 0 4882 2441 2441 0 19588 19588 4859 4859 0 247 247 12936 9679 3257 Foreign Tax W/H on Dividends 19079 19079 #5231 - Bank Charges 6558 6558 #5315 - Property Management 6220 6220 #5257 - Misc Invest Fees 3493 3493 -136007 -143940 6246 1687 3857617 3109838 641517 106262 44418 43483 6136780 6397974 9656123 7813545 343025 150638 0 0 0 0 107200 0 144651 18474 126424 126177 51037938 59370918 0 0 0 4499522 2195302 71951430 76098037 152228 12619 881890 1060020 5160 31185 1039278 1103824 X 10086418 10868262 10496170 10882485 50329564 53243466 70912152 74994213 71951430 76098037 X 2328723 1753335 3 X false true X true false X X 1 Texas A&M University - Kingsville 746001530 10 true 2883792 0 1 2883792 0 true false false false false false false false false false false false false false false true false true X true true false false Part IV, Section D, Line 2: Organizaiton Maintained A Relationship with Supported Orgs. The president of the University serves as an ex-officio member of the board of directors. An affiliation agreement exists between the organization and the supported University. The Executive Director of the Organization is an employee of the Supported Organization. Under the affiliation agreement, the supported organization provides facilities and staffs an office in which the organization conducts operations. Part IV, Section D, Line 3: Role The Organization's Supported Orgs. Played Endowment funds held by the organization are designated for various colleges and departments within the universiity. Annually, department heads are tasked with providing a listing of their needs; the organization determines available funds based up upon a formula applied to endowments and then fulfills annual requests based upon availability of such funds. If a donor specifically designates a donation for a particular department to be dispersed upon request rather than added to an endowment, the donation is transferred upon request, in addition to the annual requests. Part IV, Section E, Line 2a: Identify Supported Orgs. and Explain How Activities Furthered Exempt Pu The organization's sole mission is to support Texas A&M University Kingsville and as such, holds funds dedicated to the support of programs within the University. Donations received are identified and held for the purpose of support of different deparments and programs within the University. These funds are held either in endowments or as temporarily restricted funds. Periodically, capital campaigns are held to increase available funds for both short term and long term use by the University. Part IV, Section E, Line 2b: Reasons For The Organization's Position Were it not for this organization, Texas A&M University Kingsville could have a similar department within the University system to perform fundraising activities as well as to hold and administer funds collected for the growth of the endowments and distributions to various recipients. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 64194571 2917298 3975566 1839770 7666 555568 68684431 62111565 8520455 -3739627 1917779 -30769 810812 64194571 58439000 3033326 3002807 1555395 808173 62111565 47911313 2859831 9668822 1309893 691073 58439000 37817696 8594346 3436708 1451691 485746 47911313 0.12400 0.77500 0.10100 false false false 125849 125849 18802 18474 328 126177 Acct #2010.1 - TAMUK Assessment 16668 Acct #2016 14517 31185 X 7915519 1753335 2 1753337 6162182 24158 24158 6186340 3833458 3833458 24159 24159 3857617 Part X : FIN48 Footnote The Foundation adopted provisions of FASB ASC 740-10-25, Income Taxes - Overall - Recognition, which requires recognition and disclosure of uncertain tax positions in the financial statements and footnotes. Management of the Foundation has analyzed the Foundation's tax positions taken with respect to all appplicable income tax issues for all open tax years (2013 through 2016), and has concluded that it has appropriate support for any tax positions taken or expected to be taken and, as such, does not have any uncertain tax positions that are material to the financial statements. Part XI, Line 2d: Other revenue amounts included in F/S but not included on form 990 Rounding $2 Part XI, Line 4b: Other revenue amounts included on 990 but not included in F/S Add Back Foreign Tax on Dividend $19079 Add Back Foreign Tax on Partnership Invs $149 Add Back Royalty Tax Netted Against Inc $1436 Add Back Misc Investment Fee $3494 Rounding $0 Part XII, Line 4b: Other revenue amounts included on 990 but not included in F/S Add Back Foreign Tax on Dividend $19079 Add Back Foreign Tax on Partnership Invs $149 Add Back Royalty Tax Netted Against Inc $1436 Add Back Misc Investment Fee $3494 Rounding $1 true Texas A&M University Kingsville 700 University Avenue Kingsville TX 78363 746001530 2883792 0 Scholarships/ Program Support, etc. 1 0 Grantmaker's Description of How Grants are Used Funds are transferred into the University accounts,and at that time, the University personnel assume responsibility for oversight of the funds. X 5 61159 Fair Market Value X 1 148905 Net Realizable Value X Pledge to Give 1 20000 Present Value X Pledge to Give 1 100000 Present Value X Pledge to Give 1 6833 Present Value X Pledge to Give 1 6833 Present Value X Pledge to Give 1 4166 Present Value X Pledge to Give 1 121085 Present Value X Pledge to Give 1 20000 Present Value X Pledge to Give 1 50000 Present Value X Pledge to Give 1 60000 Present Value false false false Form 990, Part VI, Line 2: Description of Business or Family Relationship of Officers, Directors, Et Stephen J. Kleberg, board member and vice-chairman, is the father of Christopher Kleberg, board member and director. Stephen J. Kleberg's term on the board expired 11-16-2016. Form 990, Part VI, Line 11b: Form 990 Review Process The treasurer and the audit committee were provided copies of the 2016 Form 990 and Form 990-T for review prior to filing. Additionally, Form 990 and Form 990-T were made available to the full board prior to filing. Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts At the beginning of each fiscal year, members of the board are required by the chairman or his representative to complete and submit disclosure statements for any perceived or actual conflicts of interest, in accordance with the Foundation Conflict of Interest Policy. The disclosure statements are kept on file. Form 990, Part VI, Line 15b: Compensation Review and Approval Process for Officers and Key Employees When considering compensation, the Foundation uses comparative salary surveys which are provided each year by the Association of Fundraising Professionals, the Association of Small Foundations, and the Council for Advancement and Support of Education. These surveys permit salary comparisons based on region, staff size, operating budget, asset size and experience levels. In 2015, the board negotiated the affiliation agreement with Texas A&M University Kingsville (TAMUK)- the supported organization. Under this agreement, TAMUK provides services of employees to perform management functions and staff duties to the organization. The board of directors, in addition to being involved with the managment of the organization assesses the performance of the Executive Director and staff provided by TAMUK under the affiliation agreement. Form 990, Part VI, Line 19: Other Organization Documents Publicly Available The Foundation maintains copies of governing documents including Bylaws, Conflict of Interest policies and audited financials that are made available upon request. Other Changes In Net Assets Or Fund Balances - Other Increases rounding Adjustment = $3