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      </IncmFromInvestBondProceedsGrp>
      <RoyaltiesRevenueGrp>
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      </RoyaltiesRevenueGrp>
      <NetRentalIncomeOrLossGrp>
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      </NetRentalIncomeOrLossGrp>
      <NetGainOrLossInvestmentsGrp>
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      </NetGainOrLossInvestmentsGrp>
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      <NetIncomeFromGamingGrp>
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      <NetIncomeOrLossGrp>
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      <TotalRevenueGrp>
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        <ExclusionAmt>380286</ExclusionAmt>
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      <GrantsToDomesticOrgsGrp>
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        <ProgramServicesAmt>1432788</ProgramServicesAmt>
      </GrantsToDomesticOrgsGrp>
      <GrantsToDomesticIndividualsGrp>
        <TotalAmt>53400</TotalAmt>
        <ProgramServicesAmt>53400</ProgramServicesAmt>
      </GrantsToDomesticIndividualsGrp>
      <ForeignGrantsGrp>
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      </ForeignGrantsGrp>
      <BenefitsToMembersGrp>
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      </BenefitsToMembersGrp>
      <CompCurrentOfcrDirectorsGrp>
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      <CompDisqualPersonsGrp>
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      <OtherSalariesAndWagesGrp>
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      <PensionPlanContributionsGrp>
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      </PensionPlanContributionsGrp>
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        <ProgramServicesAmt>127908</ProgramServicesAmt>
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      <FeesForServicesManagementGrp>
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      <FeesForServicesLegalGrp>
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      </FeesForServicesLegalGrp>
      <FeesForServicesAccountingGrp>
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      <FeesForServicesLobbyingGrp>
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      <FeesForServicesProfFundraising>
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      <FeesForSrvcInvstMgmntFeesGrp>
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      <AdvertisingGrp>
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      <OfficeExpensesGrp>
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      <InformationTechnologyGrp>
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      <RoyaltiesGrp>
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      <TravelGrp>
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        <ProgramServicesAmt>215233</ProgramServicesAmt>
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      <PymtTravelEntrtnmntPubOfclGrp>
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      <ConferencesMeetingsGrp>
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      <InterestGrp>
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      <PaymentsToAffiliatesGrp>
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      </PaymentsToAffiliatesGrp>
      <DepreciationDepletionGrp>
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        <ProgramServicesAmt>291776</ProgramServicesAmt>
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      <InsuranceGrp>
        <TotalAmt>51797</TotalAmt>
        <ManagementAndGeneralAmt>51797</ManagementAndGeneralAmt>
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      <OtherExpensesGrp>
        <Desc>Exec Educ program expenses</Desc>
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        <ProgramServicesAmt>850210</ProgramServicesAmt>
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      <OtherExpensesGrp>
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        <ManagementAndGeneralAmt>951000</ManagementAndGeneralAmt>
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      <OtherExpensesGrp>
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        <ManagementAndGeneralAmt>157500</ManagementAndGeneralAmt>
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      <OtherExpensesGrp>
        <Desc>Events</Desc>
        <TotalAmt>45857</TotalAmt>
        <FundraisingAmt>45857</FundraisingAmt>
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      <AllOtherExpensesGrp>
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        <ProgramServicesAmt>32701</ProgramServicesAmt>
        <ManagementAndGeneralAmt>16683</ManagementAndGeneralAmt>
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      <TotalFunctionalExpensesGrp>
        <TotalAmt>7256682</TotalAmt>
        <ProgramServicesAmt>5215527</ProgramServicesAmt>
        <ManagementAndGeneralAmt>1995298</ManagementAndGeneralAmt>
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      <JointCostsInd>X</JointCostsInd>
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      <AccountsReceivableGrp>
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      <ReceivablesFromOfficersEtcGrp>
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      <InvestmentsPubTradedSecGrp>
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        <EOYAmt>20622269</EOYAmt>
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      <TotLiabNetAssetsFundBalanceGrp>
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      <InfoInScheduleOPartXIInd>X</InfoInScheduleOPartXIInd>
      <ReconcilationRevenueExpnssAmt>217873</ReconcilationRevenueExpnssAmt>
      <NetUnrlzdGainsLossesInvstAmt>-903741</NetUnrlzdGainsLossesInvstAmt>
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      <MethodOfAccountingAccrualInd>X</MethodOfAccountingAccrualInd>
      <AccountantCompileOrReviewInd>false</AccountantCompileOrReviewInd>
      <FSAuditedInd>true</FSAuditedInd>
      <FSAuditedBasisGrp>
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      <AuditCommitteeInd>true</AuditCommitteeInd>
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      <IRSWrittenDeterminationInd>X</IRSWrittenDeterminationInd>
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      <SupportedOrgInformationGrp>
        <SupportedOrganizationName>
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        <OrganizationChangeSuprtOrgInd>false</OrganizationChangeSuprtOrgInd>
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        <PaymentSubstantialContribtrInd>false</PaymentSubstantialContribtrInd>
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        <ControlledDisqualifiedPrsnInd>false</ControlledDisqualifiedPrsnInd>
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        <DisqualifiedPrsnOwnrIntInd>false</DisqualifiedPrsnOwnrIntInd>
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        <ContributionFamilyInd>false</ContributionFamilyInd>
        <Contribution35ControlledInd>false</Contribution35ControlledInd>
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      <Form990ScheduleAPartVIGrp>
        <FormAndLineReferenceDesc>Part IV, Section A, Line 2: Description Of How Organization Determined Supported Org.</FormAndLineReferenceDesc>
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        <ContributorUSAddress>
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          <AddressLine2>RESTRICTED</AddressLine2>
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        <GrantsOrScholarshipsAmt>158200</GrantsOrScholarshipsAmt>
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        <EndYearBalanceAmt>4233061</EndYearBalanceAmt>
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      <PrmnntEndowmentBalanceEOYPct>0.98720</PrmnntEndowmentBalanceEOYPct>
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      <OtherLandBuildingsGrp>
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      <TotalBookValueSecuritiesAmt>16016405</TotalBookValueSecuritiesAmt>
      <OtherLiabilitiesOrgGrp>
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      </OtherLiabilitiesOrgGrp>
      <TotalLiabilityAmt>509371</TotalLiabilityAmt>
      <TotalRevEtcAuditedFinclStmtAmt>6572822</TotalRevEtcAuditedFinclStmtAmt>
      <NetUnrealizedGainsInvstAmt>-903741</NetUnrealizedGainsInvstAmt>
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      <TotalRevenuePerForm990Amt>7474555</TotalRevenuePerForm990Amt>
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      <TotalExpensesPerForm990Amt>7256682</TotalExpensesPerForm990Amt>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Part V, Line 4: Intended uses of the endowment fund.</FormAndLineReferenceDesc>
        <ExplanationTxt>Endowment funds:AIM Investment Center and Trading and Reading Rooms: $4,453,370Moore Scholarhip: $168,088</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Part XI, Line 2d: Other revenue amounts included in F/S but not included on form 990</FormAndLineReferenceDesc>
        <ExplanationTxt>Change in cash value $2008</ExplanationTxt>
      </SupplementalInformationDetail>
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      <AccountActivitiesOutsideUSGrp>
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      <AccountActivitiesOutsideUSGrp>
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        <EmployeeCnt>0</EmployeeCnt>
        <TypeOfActivitiesConductedTxt>Program services</TypeOfActivitiesConductedTxt>
        <SpecificServicesProvidedTxt>Executive education</SpecificServicesProvidedTxt>
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      </AccountActivitiesOutsideUSGrp>
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      <TotalSpentAmt>886869</TotalSpentAmt>
      <TransferToForeignCorpInd>false</TransferToForeignCorpInd>
      <InterestInForeignTrustInd>false</InterestInForeignTrustInd>
      <ForeignCorpOwnershipInd>false</ForeignCorpOwnershipInd>
      <PassiveForeignInvestmestCoInd>false</PassiveForeignInvestmestCoInd>
      <ForeignPartnershipInd>false</ForeignPartnershipInd>
      <BoycottCountriesInd>false</BoycottCountriesInd>
    </IRS990ScheduleF>
    <IRS990ScheduleI documentId="IRS990ScheduleI" softwareId="14000265" softwareVersionNum="2014v6.0">
      <GrantRecordsMaintainedInd>true</GrantRecordsMaintainedInd>
      <RecipientTable>
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          <BusinessNameLine1Txt>Ex-Students Assoc of the Univ of Texas</BusinessNameLine1Txt>
        </RecipientBusinessName>
        <USAddress>
          <AddressLine1Txt>PO Box 7278</AddressLine1Txt>
          <CityNm>Austin</CityNm>
          <StateAbbreviationCd>TX</StateAbbreviationCd>
          <ZIPCd>78713</ZIPCd>
        </USAddress>
        <RecipientEIN>741109640</RecipientEIN>
        <IRCSectionDesc>501(c)(3)</IRCSectionDesc>
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        <PurposeOfGrantTxt>Scholarships</PurposeOfGrantTxt>
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      <RecipientTable>
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          <CityNm>Austin</CityNm>
          <StateAbbreviationCd>TX</StateAbbreviationCd>
          <ZIPCd>78712</ZIPCd>
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        <IRCSectionDesc>Gov't</IRCSectionDesc>
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        <NonCashAssistanceAmt>0</NonCashAssistanceAmt>
        <PurposeOfGrantTxt>AIM Center &amp; Other</PurposeOfGrantTxt>
      </RecipientTable>
      <Total501c3OrgCnt>2</Total501c3OrgCnt>
      <TotalOtherOrgCnt>0</TotalOtherOrgCnt>
      <GrantsOtherAsstToIndivInUSGrp>
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        <CashGrantAmt>45000</CashGrantAmt>
      </GrantsOtherAsstToIndivInUSGrp>
      <GrantsOtherAsstToIndivInUSGrp>
        <GrantTypeTxt>Book awards</GrantTypeTxt>
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        <CashGrantAmt>8400</CashGrantAmt>
      </GrantsOtherAsstToIndivInUSGrp>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Grantmaker's Description of How Grants are Used</FormAndLineReferenceDesc>
        <ExplanationTxt>The Foundation maintains a close relationship with the Ex-Students' Association to ensure that all grants are awarded as instructed by the Foundation. The Foundation is a supporting organization of The University of Texas McCombs School of Business.</ExplanationTxt>
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        <PersonNm>John Daly</PersonNm>
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      <RltdOrgOfficerTrstKeyEmplGrp>
        <PersonNm>Robert Freund</PersonNm>
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        <TotalCompensationRltdOrgsAmt>92743</TotalCompensationRltdOrgsAmt>
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      <RltdOrgOfficerTrstKeyEmplGrp>
        <PersonNm>Susie Brown</PersonNm>
        <TitleTxt>Manag Director</TitleTxt>
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        <FormAndLineReferenceDesc>Form 990, Part VI, Line 11b: Form 990 Review Process</FormAndLineReferenceDesc>
        <ExplanationTxt>The Managing Director reviews the return for accuracy and completeness before it is filed.</ExplanationTxt>
      </SupplementalInformationDetail>
      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts</FormAndLineReferenceDesc>
        <ExplanationTxt>The Trustees are required to sign an affirmation of compliance annually.</ExplanationTxt>
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      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Form 990, Part VI, Line 19: Other Organization Documents Publicly Available</FormAndLineReferenceDesc>
        <ExplanationTxt>Certain other documents available upon request.</ExplanationTxt>
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      <SupplementalInformationDetail>
        <FormAndLineReferenceDesc>Other Changes In Net Assets Or Fund Balances - Other Increases</FormAndLineReferenceDesc>
        <ExplanationTxt>Change in cash value = $2008</ExplanationTxt>
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      <GiftGrntCapContriFromOthOrgInd>false</GiftGrntCapContriFromOthOrgInd>
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      <LoansOrGuaranteesFromOthOrgInd>false</LoansOrGuaranteesFromOthOrgInd>
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        <ExplanationTxt>The Foundation's agreement with The University of Texas for direct assistance in the operation of the Foundation totaled $157,500 for the year ended August 31, 2015. This amount, paid directly to The University of Texas, covers portions of various McCombs School of Business personnel salaries, including a $100,000 salary supplement for the Dean of the McCombs School of Business.</ExplanationTxt>
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