2015-07-13T10:00:38-05:00 2014-08-31 742859143 CALHOUN THOMSON MATZA LLP 9500 ARBORETUM BLVD SUITE 120 AUSTIN TX 78759 990 2013-09-01 741946138 TEXAS STATE UNIVERSITY SYSTEM FOUNDATION TEXA 5124631808 208 EAST 10TH STREET NO 600 AUSTIN TX 78701 PATRICK S TIBBETTS EXECUTIVE DIRECTOR 5124631808 2015-07-06 1 C BRIAN STREIG P00735757 5124398400 2015-06-23 2013 2016-02-25 16:41:14Z PATRICK S TIBBETTS 208 EAST 10TH STREET SUITE 600 AUSTIN TX 78701 120871 0 X WWW.TSUS.EDU X 1978 TX PUBLIC CHARITABLE USES AND PURPOSES FOR THE BENEFIT OF THE TEXAS STATE UNIVERSITY SYSTEM AND ITS COMPONENTS BY PROVIDING ASSISTANCE AND BENEFITS TO THE SYSTEM AND/OR THE SYSTEM COMPONENTS. 7 7 1 0 0 0 149000 5000 0 0 117144 115871 858449 0 1124593 120871 85492 2136087 0 0 0 0 0 0 0 389144 207779 474636 2343866 649957 -2222995 10260255 10101918 1753190 2868545 8507065 7233373 PUBLIC CHARITABLE USES AND PURPOSES FOR THE BENEFIT OF THE TEXAS STATE UNIVERSITY SYSTEM AND ITS COMPONENTS BY PROVIDING, DIRECTLY OR INDIRECTLY, ASSISTANCE AND BENEFITS TO THE SYSTEM AND/OR THE SYSTEM COMPONENTS. 0 0 237990 136087 FOUNDATION:PROVIDES SUPPORT VIA VARIOUS TYPES OF ASSISTANCE AND BENEFITS TO TEXAS STATE UNIVERSITY AND ITS COMPONENTS. 1000000 1000000 GRANT TO SUL ROSS: TO FINANCE CONSTRUCTION AT JACKSON FIELD (SUL ROSS STATE UNIVERSITY). 1000000 1000000 TEXAS STATE UNIVERSITY ENDOWMENT 2237990 1 1 0 1 0 0 0 0 0 1 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 X 7 7 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 TX X X PATRICK S TIBBETTS 2104812721 208 E 10TH STREET SUITE 600 AUSTIN TX 78701 KEVIN LILLY CHAIRMAN 1.00 X X 0 0 0 DAN MATHESON BOARD MEMBER 1.00 X 0 0 0 ALAN DREEBEN BOARD MEMBER 1.00 X 0 0 0 PATRICK S TIBBETTS EXECUTIVE DIRECTOR 20.00 X 35000 0 0 RON MITCHELL BOARD MEMBER 1.00 X 0 0 0 DR JAMES GAERTNER BOARD MEMBER 1.00 X 0 0 0 BRIAN MCCALL BOARD MEMBER 1.00 X 0 0 0 35000 0 0 0 0 0 0 0 5000 5000 115871 115871 120871 0 0 115871 2059985 2059985 76102 76102 29014 29014 11712 11712 60000 60000 4007 4007 31620 31620 2893 2893 REIMBURSEMENT OF SALARY 40058 40058 REGENTS' PROFESSOR AWAR 13846 13846 MISCELLANEOUS 12986 12986 COMMUNICATION 1126 1126 517 500 17 2343866 2237990 105876 0 4609242 3882194 3000 0 5648013 6219724 10260255 10101918 953190 332850 800000 2535695 1753190 2868545 X 7797775 6565557 709290 667816 8507065 7233373 10260255 10101918 -2222995 949303 0 X X 0 1 X 1 0 X 103350 49500 103013 380500 5000 641363 103350 49500 103013 380500 5000 641363 641363 7688 8970 12015 117144 115871 261688 903051 0.71020 0.82610 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 0 0 0 0 1 60000 0 0 60000 0 PART II-B, LINE 1: LOBBYING ACTIVITIES INCLUDE CONTACTING STATE LEGISLATORS AND STATE HIGHER EDUCATION BOARD MEMBERS REGARDING HIGHER EDUCATION DECISIONS THAT DIRECTLY AND INDIRECTLY AFFECT THE TEXAS STATE UNIVERSITY SYSTEM AND THE COMPONENT SCHOOLS OF THE SYSTEM. 770230 10000 17205 67602 393 729440 513994 384500 398 23093 5514 100055 770230 461659 101013 457 41131 6095 1909 513994 417387 325 45017 372695 350201 100000 359 33173 417387 1.00000 0 0 0 L. DEWAYNE LAYFIELD - ENDOWMENT 700000 CURRENT MATURITIES OF LONG-TERM DEBT 87683 TEXAS STATE UNIVERSITY - ENDOWMENT 900000 LT DEBT, LESS CURRENT PORTION 848012 2535695 X 1070174 949303 949303 120871 0 120871 2343866 0 2343866 0 2343866 PART X, LINE 2: FEDERAL INCOME TAXES FEDERAL INCOME TAXES ARE NOT PAYABLE BY, OR PROVIDED FOR THE FOUNDATION. THE FOUNDATION IS EXEMPT FROM FEDERAL INCOME TAXES UNDER INTERNAL REVENUE CODE SECTION 501(C)(3) AND IS A PUBLICLY SUPPORTED ORGANIZATION. UPON DISSOLUTION, ALL ITS ASSETS WILL BE DISTRIBUTED TO ANOTHER SIMILAR ORGANIZATION. FASB ASC 740-10 "ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES" ("FIN 48") CLARIFIES THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES RECOGNIZED IN AN ENTERPRISE'S FINANCIAL STATEMENTS. FIN 48 PRESCRIBES A RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR THE FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT OF A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN IN A TAX RETURN. FIN 48 REQUIRES THAT A COMPANY RECOGNIZE IN ITS FINANCIAL STATEMENTS THE IMPACT OF TAX POSITIONS THAT MEET A "MORE LIKELY THAN NOT" THRESHOLD, BASED ON THE TECHNICAL MERITS OF THE POSITION. THE TAX BENEFITS RECOGNIZED IN THE FINANCIAL STATEMENTS FROM SUCH A POSITION SHOULD BE BASED ON THE LARGEST BENEFIT THAT HAS A GREATER THAN FIFTY PERCENT LIKELIHOOD OF BEING REALIZED UPON ULTIMATE SETTLEMENT. THE PROVISIONS OF FASB ASC 740-10 WERE APPLIED TO ALL TAX POSITIONS. THE FOUNDATION BELIEVES ALL OF ITS TAX POSITIONS TO BE HIGHLY CERTAIN. THE FOUNDATION'S OPEN TAX YEARS AS OF AUGUST 31, 2014 ARE 2013, 2012 AND 2011. 1 TEXAS STATE UNIVERSITY SYSTEM 208 EAST 10TH STREET SUITE 600 AUSTIN TX 78701 741946138 501(C)(3) 51985 BOOK GENERAL ADMIN SUPPORT TEXAS STATE UNIVERSITY 208 EAST 10TH STREET SUITE 600 AUSTIN TX 78701 741946138 501(C)(3) 1000000 BOOK ENDOWMENT SUL ROSS STATE UNIVERSITY EAST HIGHWAY 90 ALPINE TX 79832 746000027 501(C)(3) 1000000 BOOK ATHLETIC FACILITIES 3 0 SCHOLARSHIPS 15 76102 0 PART I, LINE 2: VICE-PRESIDENTS OF THE GRANTEE'S UNIVERSITY VERIFY ACADEMIC STANDING ANNUALLY, AND SUBMIT REIMBURSEMENT REQUESTS WHICH ARE VERIFIED IN FOUNDATION OFFICE PRIOR TO PAYMENT. PART II, LINE 1A: THE FOUNDATION SIGNED THE TEXAS STATE UNIVERSITY ENDOWMENT AGREEMENT AND WILL MAKE ANNUAL CONTRIBUTIONS IN THE AMOUNT OF $100,000 FOR EACH OF THE NEXT TEN YEARS STARTING ON OR BEFORE MARCH 1, 2014. THE FULL AMOUNT OF THE ENDOWMENT IS BEING REPORTED ON THE 2013 FORM 990. ON SEPTEMBER 1, 2013, THE FOUNDATION ENTERED INTO A PROMISSORY NOTE AGREEMENT FOR BORROWING UP TO $1,000,000 TO FINANCE CONSTRUCTION AT JACKSON FIELD (SUL ROSS STATE UNIVERSITY). THE FULL AMOUNT OF THIS AWARD IS BEING REPORTED ON THE 2013 FORM 990. PART III, COLUMN B: POTENTIAL RECIPIENTS OF THE SCHOLARSHIPS AWARDED FROM THE "GROW YOUR OWN" PROGRAM MUST MEET THE SPECIFIC CRITIERIA FOUND IN THE PROGRAM'S GUIDELINES. SUCH CRITERIA INCLUDES NOMINATION OF THE CANDIDATE BY THE UNIVERSITY SYSTEM FACULTY MEMBER, BE A MEMBER OF A POPULATION UNDERREPRESENTED ON THE FACULTY OF THE HOST INSTITUTION, SATISFACTORILY COMPLETED A BACCALAUREATE AND, PREFERABLY, A MASTER'S DEGREE, AND PROVIDE DOCUMENTATION OF ADMISSION INTO AN ACCREDITED DOCTORAL PROGRAM OR ALREADY BE ENROLLED IN A DOCTORAL PROGRAM OFFERED BY THE SPONSORING TEXAS STATE UNIVERSITY SYSTEM INSTITUTION. FORM 990, PART VI, SECTION B, LINE 11 EACH BOARD MEMBER RECEIVES AND REVIEWS A COPY OF THE FORM 990 BEFORE THE BOARD MEETING AND ALL BOARD MEMBERS REVIEW AND DISCUSS THE FORM 990 TOGETHER AT THE ANNUAL MEETING BEFORE FILING. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART VI, SECTION B, LINE 15A THE EXECUTIVE DIRECTOR'S COMPENSATION IS APPROVED BY THE FOUNDATION'S BOARD. FORM 990, PART VI, SECTION C, LINE 19 EACH BOARD MEMBER RECEIVES AND REVIEWS A COPY OF THE FORM 990 BEFORE THE BOARD MEETING AND ALL BOARD MEMBERS REVIEW AND DISCUSS THE FORM 990 TOGETHER AT THE ANNUAL MEETING BEFORE FILING. THE DIRECTORS REVIEW THE POLICY AND CERTIFY COMPLIANCE ANNUALLY. THE EXECUTIVE DIRECTOR'S COMPENSATION IS APPROVED BY THE FOUNDATION'S BOARD. THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XII, LINE 2C: THE PROCESS OF SELECTING AND OVERSEEING THE INDEPENDENT ACCOUNTANT HAS NOT CHANGED SINCE THE PRIOR YEAR. TEXAS STATE UNIVERSITY SYSTEM 208 E 10TH ST STE 600 AUSTIN TX 78701 746000079 HIGHER EDUCATION TX 501(C)(3) 170(B)(1)(A)(VI) TEXAS STATE UNIVERSITY SYSTEM BOARD OF REGENTS 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 TEXAS STATE UNIVERSITY SYSTEM P 51985 SUL ROSS STATE UNIVERSITY D 1000000 TEXAS STATE UNIVERSITY SYSTEM B 1000000