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QUALIFYING EXPENSES ARE APPROVED AT A HIGHER LEVEL OF AUTHORITY THAN THE TRAVELER. THE FOUNDATION ALSO TRANSFERS FUNDS DIRECTLY TO TEXAS A&M UNIVERSITY FOR SUPPORT WHICH MAY OR MAY NOT INCLUDE FOREIGN ACTIVITIES--THESE ARE NOT INCLUDED IN THIS SCHEDULE AND AMOUNTS ARE UNKNOWN. SCHEDULE F, PARTS I & II THE ORGANIZATION PROVIDES GRANTS AND OTHER ASSISTANCE TO TEXAS A&M UNIVERSITY. BASED ON THE IRS INSTRUCTIONS FOR SCHEDULE F BECAUSE THESE GRANTS WERE MADE "TO A PARTICULAR U.S. ORGANIZATION OR ENTITY FOR THE UNDERSTOOD PURPOSE OF ENGAGING DIRECTLY OR INDIRECTLY IN FOREIGN ACTIVITY" THEY ARE REPORTED ON SCHEDULE F PART I AND PART II. THE FUNDS WERE ULTIMATELY USED IN MORE THAN ONE REGION. ALL REGIONS INCLUDING THAT WHOSE SUPPORT EXCEEDED THE $5,000 MINIMUM REPORTING THRESHOLD FOR PART II ARE LISTED IN SCHEDULE F, PART II, LINE 1. REGIONS REPORTED ON SCHEDULE F, PART I BELOW THE $5,000 THRESHOLD ARE NOT REPORTED IN PART II. 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VP, REAL ESTATE SERVICES 138130 0 10148 0 810 0 28298 0 7323 0 184709 0 0 0 PART I, LINE 1B COMPENSATION INFORMATION GROSS UP PAYMENTS ARE INCLUDED IN COMPENSATION. SOCIAL CLUB DUES PAID BY TEXAS A&M FOUNDATION FOR STAFF ARE INCLUDED AS TAXABLE FRINGE BENEFITS ON THEIR W2. LINE 4B SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN TEXAS A&M FOUNDATION OFFICERS ARE ELIGIBLE FOR ADDITIONAL RETIREMENT BENEFITS THROUGH A SUPPLEMENTAL NON-QUALIFIED REITREMENT PLAN, 457(F), IF THEY REMAIN EMPLOYEES UNTIL AGE 65. JAMES J. PALINCSAR, DOYLE L. THOMPSON, AND LISKA F. LUSK PARTICIPATED BUT THERE WAS NO ACCRUAL FOR CY2013. THE PLAN WAS ADOPTED IN 1999 BY THE BOARD OF TRUSTEES. 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THE DISCLOSURE FORMS ARE RETURNED AND REVIEWED BY THE ORGANIZATION'S IN-HOUSE COUNSEL AND REPORTED TO THE CHAIRMAN OF THE AUDIT COMMITTEE. WITH A BOARD OF ONLY SEVEN TRUSTEES, IT IS NOT DIFFICULT TO DISCERN WHO AMONG THE MEMBERS OF THE BOARD, OFFICERS, AND KEY EMPLOYEES MAY HAVE A RELATIONSHIP, WHICH REQUIRES DISCLOSURE. IF REVIEW OF THE DISCLOSURE FORM DOES NOT REVEAL WHAT IS EXPECTED TO BE DISCLOSED, THE INDIVIDUAL IS CONTACTED BY AN OFFICER OF THE ORGANIZATION FAMILIAR WITH THE REPORTING REQUIREMENTS TO PROVIDE ADDITIONAL EXPLANATION AND A REVISED DISCLOSURE FORM IS RETURNED. THE FORM STATES THAT IT IS THE RESPONSIBILITY OF THE OFFICER, TRUSTEE, OR KEY EMPLOYEE TO UPDATE THE DISCLOSURE IF CIRCUMSTANCES OCCUR THROUGHOUT THE YEAR WHICH NECESSITATES A CHANGE IN THE INFORMATION SUPPLIED. FORM 990, PART IV, SECTION B, LINE 15 PROCESS FOR DETERMINING COMPENSATION THE COMPENSATION COMMITTEE OF THE ORGANIZATION REVIEWS AND APPROVES TOTAL COMPENSATION OF ALL OFFICERS AND THE INVESTMENT DIRECTOR. COMPARABILITY DATA FOR ALL POSITIONS UNDER REVIEW IS PRESENTED TO THE COMMITTEE. THE OFFICERS INCLUDED IN THIS REVIEW ARE THE PRESIDENT, SENIOR VICE PRESIDENT FOR DEVELOPMENT, SENIOR VICE PRESIDENT AND CHIEF FINANCIAL OFFICER, AND VICE PRESIDENT AND GENERAL COUNSEL. THE COMPENSATION COMMITTEE IS COMPOSED OF MEMBERS OF THE BOARD OF TRUSTEES WHO ARE UNCOMPENSATED VOLUNTEERS. THE PRESIDENT (CHIEF EXECUTIVE) OF THE ORGANIZATION IS PRESENT FOR A PORTION OF THE COMMITTEE MEETING TO PRESENT THE PERFORMANCE AND ACCOMPLISHMENTS OF THE EXECUTIVE STAFF. NONE OF THE REMAINING OFFICERS ARE PRESENT FOR ANY PORTION OF THIS DISCUSSION. THE PRESIDENT IS EXCUSED FOR DISCUSSION OF HIS OWN PERFORMANCE AND THE DECISION REGARDING HIS OWN SALARY. NONE OF THE OFFICERS ARE VOTING MEMBERS OF THE COMPENSATION COMMITTEE OR THE BOARD OF TRUSTEES. THE DISCUSSION, DELIBERATION, AND DECISION FOR ALL POSITIONS UNDER REVIEW BY THE COMPENSATION COMMITTEE IS RECORDED IN THE MINUTES OF THE COMMITTEE PREPARED BY THE PRESIDENT AND SIGNED BY THE CHAIR OF THE COMMITTEE FOR PRESENTATION AND APPROVAL AT THE NEXT MEETING OF THE COMMITTEE. THE FULL BOARD OF TRUSTEES RECEIVES AN ORAL REPORT OF THE COMMITTEE, GENERALLY WITHIN 24 HOURS OF THE COMPENSATION COMMITTEE MEETING. EVERY 4-5 YEARS AN OUTSIDE INDEPENDENT CONSULTANT IS HIRED TO REVIEW COMPENSATION TO ENSURE SALARIES ARE COMPARABLE TO SIMILAR ORGANIZATIONS AND MARKET CONDITIONS. THE ORGANIZATION'S LAST REVIEW WAS JUNE 2013. FORM 990, PART VI, SECTION C, LINE 19 DOCUMENTS MADE AVAILABLE TO THE PUBLIC THE ARTICLES OF INCORPORATION FOR THE ORGANIZATION ARE AVAILABLE TO THE PUBLIC ON REQUEST FROM THE OFFICE OF THE SECRETARY OF STATE AND ARE FREQUENTLY REQUESTED AND SUPPLIED IN THE COURSE OF GRANT APPLICATIONS TO PRIVATE FOUNDATIONS AND CORPORATE FOUNDATIONS. THE BYLAWS ARE AVAILABLE ON REQUEST TO THE ORGANIZATION BY MEMBERS OF THE PUBLIC. THE CONFLICT OF INTEREST POLICY IS MAINTAINED WITHIN THE ORGANIZATION'S GENERAL POLICIES AND PROCEDURES AND HAS NOT BEEN PRESENTED TO THE PUBLIC IN ANY MANNER. HOWEVER, IF REQUESTED, THE ORGANIZATION'S CONFLICT OF INTEREST POLICY WOULD BE MADE AVAILABLE TO ANY MEMBER OF THE PUBLIC REQUESTING THIS INFORMATION. THE FOUNDATION PRODUCES AN ANNUAL REPORT WHICH INCLUDES THE STATEMENT OF FINANCIAL POSITION AND STATEMENT OF ACTIVITIES AND CHANGES IN NET ASSETS. THIS REPORT IS MAILED TO MANY DONORS, IS AVAILABLE UPON REQUEST, AND IS AVAILABLE ON THE FOUNDATION'S WEBSITE. THE COMPLETE AUDITED FINANCIALS ARE AVAILABLE UPON REQUEST. FORM 990, PART XII, LINE 2C CHANGES IN OVERSIGHT PROCESS OR SELECTION PROCESS THERE HAVE BEEN NO CHANGES TO THE ORGANIZATION'S AUDIT COMMITTEE'S RESPONSIBILITIES. FORM 990, PART V, LINE 3B SCHEDULE 990T FORM 990T IS IN PROCESS AND WILL BE FILED WITH THE IRS ON OR BEFORE THE EXTENDED DUE DATE. FORM 990, PART VI, LINE 7A MEMBERS, STOCKHOLDERS, OR OTHER PERSONS WHO HAD POWER TO ELECT OR APPOINT EACH YEAR AS ONE OF THE TRUSTEE'S TERM ENDS, A NEW TRUSTEE IS SELECTED BY THE ASSOCIATION OF FORMER STUDENTS, A SEPARATE ORGANIZATION THAT ALSO SUPPORTS TEXAS A&M UNIVERSITY. CHARITABLE REMAINDER TRUSTS (55) TRUST TX NA TRUST false false false false false false false false false false false false false false false false false false false false