2014-07-09T17:03:20-05:00 2013-08-31 750882037 BOLINGER SEGARS GILBERT AND MOSS LLP 8215 NASHVILLE AVENUE LUBBOCK TX 79423 990 2012-09-01 756043842 TEXAS TECH FOUNDATION INC TEXA 8067429000 PO BOX 41102 LUBBOCK TX 79409 JIM BRUNJES 8067429000 2014-07-09 1 MATT R WILLIS P00419741 8067473806 2014-07-09 X 2012 2015-11-30 17:44:51Z JIM BRUNJES PO BOX 41102 LUBBOCK TX 79409 58451108 0 X WWW.GIVE2TECH.COM/FOUNDATION X 1939 TX ACCEPTANCE, INVESTMENT AND DISTRIBUTION OF GIFTS FOR THE BENEFIT OF THE TTU SYSTEM. 36 36 0 36 0 0 33311035 40274560 0 0 3415436 17831586 -48857 344962 36677614 58451108 67164146 35273480 0 0 0 0 0 0 1071281 3007804 2774158 70171950 38047638 -33494336 20403470 446579685 479985130 2639998 968499 443939687 479016631 X THE FOUNDATION IS AN ADVOCATE FOR SUCCESSFUL PERFORMANCE BY: POSITIONING TEXAS TECH AS AN INSTITUTION OF DISTINCTION; RAISING FUNDS ON BEHALF OF TEXAS TECH UNIVERSITY, THE TEXAS TECH UNIVERSITY HEALTH SCIENCES CENTER, AND ANGELO STATE UNIVERSITY; STEWARDSHIP OF FUNDS, CARING FOR DONORS AND REPORTING ON GIFTS AND ENDOWMENTS; A PARTNERSHIP APPROACH WITH THE BOARD OF REGENTS TO INVEST AND OVERSIGHT; AND SUPPORTING AND PROMOTING ALL COLLEGES, SCHOOLS PROGRAMS AND CAMPUSES OF TEXAS TECH UNIVERSITY, TEXAS TECH UNIVERSITY HEALTH SCIENCES CENTER AND ANGELO STATE UNIVERSITY.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 36976357 35273480 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. DURING THE TAX YEAR ENDING 8/31/13 $40,274,560 WAS RAISED TO BE USED FOR THE BENEFIT OF THE TEXAS TECH UNIVERSITY SYSTEM. 36976357 1 1 0 0 0 0 0 0 0 1 1 0 0 0 0 1 1 0 0 0 0 0 0 0 0 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 36 36 1 1 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 X X TEXAS TECH UNIVERSITY 8067429000 15TH AKRON LUBBOCK TX 79409 X ALAN HENRY 0.50 X X 0 0 0 JAMES BURKHART 0.30 X X 0 0 0 TERRY FULLER 2.00 X X 0 0 0 ALLEN HOWARD 2.00 X 0 0 0 BRAD BARRON 1.00 X 0 0 0 EBTESAM ATTAYA ISLAM 1.00 X 0 0 0 KENNETH BURGESS 2.00 X 0 0 0 DON MADDOX 1.30 X 0 0 0 FREDERICK SCOTT DUESER 1.00 X 0 0 0 H CRAIG EVANS 1.20 X 0 0 0 FERN FINCK 3.00 X 0 0 0 ROBERT HORSMAN 0.30 X 0 0 0 STEVE HURT 0.80 X 0 0 0 J MICHAEL LEWIS 2.00 X 0 0 0 KEH-SHEW LU 2.00 X 0 0 0 MATT MALOUF 0.40 X 0 0 0 ROBERT MATEJEK 1.30 X 0 0 0 JACKIE D REDMAN 0.30 X 0 0 0 STEVE SHERWOOD 2.00 X 0 0 0 T BRYAN SMITHERMAN 1.00 X 0 0 0 BILLIE RUTH STONE 6.00 X 0 0 0 WARD WILLIFORD 0.30 X 0 0 0 JOHN CARPENTER III 0.90 X 0 0 0 MICHAEL MCVEAN 2.00 X 0 0 0 DAVID THOMAS 1.00 X 0 0 0 SKIP TRAMMEL 0.50 X 0 0 0 LAWRENCE WILLIAMS 1.50 X 0 0 0 ORAN BERRY 2.00 X 0 0 0 PAULA W KEY 0.20 X 0 0 0 TONY AUSTIN 2.00 X 0 0 0 ALVIN NEW 1.50 X 0 0 0 DALE SWINBURN 0.30 X 0 0 0 DAVID ARRINGTON 0.30 X 0 0 0 SUSAN ROSE 2.00 X 0 0 0 TRACY ELMS 3.00 X 0 0 0 DEBRA SCIOLI 1.00 X 0 0 0 JIM BRUNJES 4.00 X 0 0 0 0 0 0 0 0 0 0 0 40274560 1421485 40274560 17544677 17544677 97754 97754 247208 0 247208 247208 247208 286909 0 286909 286909 286909 58451108 0 0 18176548 35273480 35273480 6314 6314 35950 35950 82289 82289 57191 57191 732510 732510 36038 36038 49326 49326 377352 368573 8779 176604 176604 249 249 167214 167214 FUNDRAISING EVENTS 880132 880132 SUPPLIES 154247 148481 5766 REPAIRS AND MAINTENANCE 18742 18742 38047638 36976357 0 1071281 8715135 9493714 48310834 39220025 4192 7882 27645 8714 19090 13237 374932 1033682 374932 375371985 417186775 8108115 8343188 4989007 5336663 446579685 479985130 43597 54956 2338896 257505 913543 2639998 968499 X 17586955 18921164 59600694 21650184 366752038 438445283 443939687 479016631 446579685 479985130 20403470 14673474 0 X X 0 1 X 1 0 X 51381176 45173789 39228362 33311035 40274560 209368922 51381176 45173789 39228362 33311035 40274560 209368922 25895870 183473052 17195555 17477401 18757964 17589017 17889639 88909576 298278498 0.61510 0.69230 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 376724646 56643571 15741944 154286 448955875 378493475 15165851 10894012 27828692 376724646 351105968 10604875 26913060 10130428 378493475 327058769 24746866 16300265 16999932 351105968 336117315 42776384 -42929926 8905004 327058769 0.02300 0.97700 0.00000 0 0 374932 374932 374932 X 73124582 14673474 14673474 58451108 0 58451108 38047638 0 38047638 0 38047638 DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: 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 AND ANGELO STATE UNIVERSITY. THE ENDOWMENT FUNDS ALSO PROVIDE SCHOLARSHIPS FOR THE STUDENTS WHO ATTEND THESE SCHOOLS. DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X, LINE 2: THE FOUNDATION HAS ADOPTED THE "UNCERTAIN TAX POSITIONS" PROVISIONS OF U.S. GAAP. THE PRIMARY TAX POSITION OF THE FOUNDATION IS ITS FILING STATUS AS A TAX EXEMPT ENTITY. THE FOUNDATION DETERMINED THAT IT IS MORE LIKELY THAN NOT THAT THEIR TAX POSITIONS WILL BE SUSTAINED UPON EXAMINATION BY THE INTERNAL REVENUE SERVICE (IRS), OR OTHER TAXING AUTHORITIES. THERE WERE NO PENALTIES OR INTEREST RECOGNIZED DURING THE YEARS ENDED AUGUST 31, 2013 AND 2012. THE FOUNDATION IS NO LONGER SUBJECT TO EXAMINATIONS BY FEDERAL TAXING AUTHORITIES FOR YEARS BEFORE 2009. PART VII - THE AMOUNT OF INVESTMENTS - OTHER SECURITIES ON FORM 990, PAGE 11, PART X, LINE 12 DOES NOT EQUAL OR EXCEED 5% OF THE TOTAL ASSETS ON FORM 990, PAGE 11, PART X, LINE 16 COLUMN B. CONSEQUENTLY IN ACCORDANCE WITH IRS INSTRUCTIONS SCHEDULE D, PART VII HAS BEEN LEFT BLANK. PART IX - THE AMOUNT OF OTHER ASSETS ON FORM 990, PAGE 11, PART X, LINE 15 DOES NOT EQUAL OR EXCEED 5% OF THE TOTAL ASSETS ON FORM 990, PAGE 11, PART X, LINE 16 COLUMN B. CONSEQUENTLY IN ACCORDANCE WITH IRS INSTRUCTIONS SCHEDULE D, PART IX HAS BEEN LEFT BLANK. 0 TEXAS TECH UNIVERSITY SYSTEM PO BOX 41092 LUBBOCK TX 794091092 756002622 STATE OF TEXAS 35213600 TO PROMOTE HIGHER EDUCATION BY PROVIDING FUNDS FOR SCHOLARSHIPS AND GENERAL FUNDS FOR OPERATION EXPENSES OF THE TEXAS TECH UNIVERSITY SYSTEM. CPRIT FOUNDATION PO BOX 12631 AUSTIN TX 787112631 264551120 STATE OF TEXAS 30000 CANCER RESEARCH AND PREVENTION. TEXAS BUSINESS HALL OF FAME 4550 POST OAK PLACE DR STE 342 HOUSTON TX 770273167 751842638 501(C)(3) 5000 TO RECOGNIZE THE ACCOMPLISHMENTS AND CONTRIBUTIONS OF OUTSTANDING TEXAS BUSINESS LEADERS. TEXAS SPORTS HALL OF FAME 1108 S UNIVERSITY PARKS DR WACO TX 767061223 742603242 501(C)(3) 10000 EDUCATE THE PUBLIC ABOUT TEXAS SPORTS HISTORY. 4 PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, 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. THE UNIVERISTY AWARDS THE SCHOLARSHIPS TO THE STUDENTS AND THEN MONITORS THE SCHOLARSHIP. X 122 1246151 MARKET QUOTES X CHARITABLE GIFT ANNUITIES 6 175334 APPRAISAL 0 1 0 FORM 990, PART VI, SECTION A, LINE 2 DIRECTORS JOHN CARPENTER, III AND J. MICHAEL LEWIS BOTH HAVE A 50% INTEREST IN A PROPERTY DEVELOPMENT COMPANY. FORM 990, PART VI, SECTION A, LINE 3 TEXAS TECH UNIVERSITY PROVIDES THE FOUNDATION WITH ACCOUNTING AND FUNDRAISING 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 11 AN ELECTRONIC COPY OF THE FORM 990 WILL BE DISTRIBUTED TO ALL BOARD MEMBERS PRIOR TO ITS SUBMISSION. EACH BOARD MEMBER 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 APPREARANCE 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 WEBSITE WWW.GIVE2TECH.COM/ABOUT/FINANCIALS. FORM 990, PART VI, SECTION C, LINE 19 THE FOUNDATION WILL PROVIDE A COPY OF THEIR 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 ON THE TEXAS TECH UNIVERSITY CAMPUS IN LUBBOCK, TX. AUDIT COMMITTEE FORM 990, PAGE 12, PART XII, LINE 2C THE FOUNDATION'S BOARD ASSIGNS MEMBERS OF THE BOARD TO AN AUDIT COMMITTEE. THE AUDIT COMMITTEE IS RESPONSIBLE FOR OVERSEEING THE FINANCIAL STATEMENT AUDIT AND FOR SELECTION OF THE INDEPENDENT CPA WHO WILL PERFORM THE AUDIT. THIS PROCESS HAS NOT CHANGED FROM PRIOR YEARS. 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 35213600 CASH