TEXAS TECH FOUNDATION INC: Form 990, tax year 2011
View the entire original 990 at ProPublica ↗
- Organization
- TEXAS TECH FOUNDATION INC (EIN 75-6043842)
- Tax period
- 2011-09-01 to 2012-08-31
- Filed
- 2013-07-03
- IRS object ID
- 201301849349300345
- Schema version
- 2011v1.5
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990
- Schedule A
- Schedule B
- Schedule D
- Schedule G
- Schedule I
- Schedule M
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2013-07-03T16:14:13-05:00 | Timestamp |
| Tax Period End Date | 2012-08-31 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 750882037 | EIN |
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BOLINGER SEGARS GILBERT AND MOSS LLP | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 8215 NASHVILLE AVENUE | AddressLine1 |
| City | LUBBOCK | City |
| State | TX | State |
| ZIP Code | 79423 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2011-09-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 756043842 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | TEXAS TECH FOUNDATION INC | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | TEXA | NameControl |
| Phone | 8067429000 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 41102 | AddressLine1 |
| City | LUBBOCK | City |
| State | TX | State |
| ZIP Code | 79409 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | JIM BRUNJES | Name |
| Title | TREASURER | Title |
| Phone | 8067429000 | Phone |
| Date Signed | 2013-06-26 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | MATT R WILLIS | Name |
| PTIN | P00419741 | PTIN |
| Phone | 8067473806 | Phone |
| Date Prepared | 2013-06-26 | DatePrepared |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2011 | TaxYear |
| Build TS | 2016-02-24 21:20:13Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | JIM BRUNJES | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 41102 | AddressLine1 |
| City | LUBBOCK | City |
| State | TX | State |
| ZIP Code | 79409 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 51070345 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | WWW.GIVE2TECH.COM/FOUNDATION | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1939 | YearFormation |
| State Legal Domicile | TX | StateLegalDomicile |
| Activity Or Mission Description | ACCEPTANCE, INVESTMENT AND DISTRIBUTION OF GIFTS FOR THE BENEFIT OF THE TTU SYSTEM. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 36 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 36 | NbrIndependentVotingMembers |
| Total Nbr Employees | 0 | TotalNbrEmployees |
| Total Nbr Volunteers | 49 | TotalNbrVolunteers |
| Total Gross UBI | 0 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 0 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 39228362 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 33311035 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 0 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 0 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 15005850 | InvestmentIncomePriorYear |
| Investment Income Current Year | 3415436 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | 1485930 | OtherRevenuePriorYear |
| Other Revenue Current Year | -48857 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 55720142 | TotalRevenuePriorYear |
| Total Revenue Current Year | 36677614 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 49225300 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 67164146 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 0 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 0 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 0 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 633259 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 4422671 | OtherExpensePriorYear |
| Other Expenses Current Year | 3007804 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 53647971 | TotalExpensesPriorYear |
| Total Expenses Current Year | 70171950 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | 2072171 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | -33494336 | RevenuesLessExpensesCY |
| Total Assets BOY | 467512578 | TotalAssetsBOY |
| Total Assets EOY | 446579685 | TotalAssetsEOY |
| Total Liabilities BOY | 2004170 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 2639998 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 465508408 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 443939687 | NetAssetsOrFundBalancesEOY |
| Info In Schedule O Part III | X | InfoInScheduleOPartIII |
| Mission Description | 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. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Expense | 69538691 | Expense |
| Grants | 67164146 | Grants |
| Description | 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 8/31/12 $33,421,392 WAS RAISED TO BE USED FOR THE BENEFIT OF THE TEXAS TECH UNIVERSITY SYSTEM. | Description |
| Total Program Service Expense | 69538691 | TotalProgramServiceExpense |
| Described In501 C3 | 1 | DescribedIn501C3 |
| Schedule B Required | 1 | ScheduleBRequired |
| Political Activities | 0 | PoliticalActivities |
| Lobbying Activities | 0 | LobbyingActivities |
| Subject To Proxy Tax | 0 | SubjectToProxyTax |
| Donor Advised Funds | 0 | DonorAdvisedFunds |
| Conservation Easements | 0 | ConservationEasements |
| Collections Of Art | 0 | CollectionsOfArt |
| Credit Counseling | 0 | CreditCounseling |
| Term Or Permanent Endowments | 1 | TermOrPermanentEndowments |
| Report Land Bldg Equip | 1 | ReportLandBldgEquip |
| Report Invest Oth Securities | 0 | ReportInvestOthSecurities |
| Report Prog Rel Invest | 0 | ReportProgRelInvest |
| Report Other Assets | 0 | ReportOtherAssets |
| Report Other Liabilities | 0 | ReportOtherLiabilities |
| Report Fin48 Footnote | 1 | ReportFin48Footnote |
| Independent Audit Financial Stmt | 1 | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | 0 | ConsolidatedAuditFinancialStmt |
| School | 0 | School |
| Foreign Office | 0 | ForeignOffice |
| Foreign Activities | 0 | ForeignActivities |
| More Than5000 K To Organizations | 0 | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividuals |
| Professional Fundraising | 0 | ProfessionalFundraising |
| Fundraising Activities | 1 | FundraisingActivities |
| Gaming | 0 | Gaming |
| Hospital | 0 | Hospital |
| Grants To Organizations | 1 | GrantsToOrganizations |
| Grants To Individuals | 0 | GrantsToIndividuals |
| Schedule J Required | 0 | ScheduleJRequired |
| Tax Exempt Bonds | 0 | TaxExemptBonds |
| Excess Benefit Transaction | 0 | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | 0 | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | 0 | LoanToOfficerOrDQP |
| Grant To Related Person | 0 | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | 0 | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | 0 | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | 0 | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | 1 | DeductibleNonCashContributions |
| Deductible Contributions Of Art | 0 | DeductibleContributionsOfArt |
| Terminated | 0 | Terminated |
| Partial Liquidation | 0 | PartialLiquidation |
| Disregarded Entity | 0 | DisregardedEntity |
| Related Entity | 1 | RelatedEntity |
| Related Org Controlled Entity | 0 | RelatedOrgControlledEntity |
| Transaction Related Entity | 0 | TransactionRelatedEntity |
| Transfers To Exempt Non Chrtbl Org | 0 | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | 0 | ActivitiesConductedPartnership |
| Schedule O Required | 1 | ScheduleORequired |
| Number Forms Transmitted With1096 | 0 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Number Of Employees | 0 | NumberOfEmployees |
| Unrelated Business Income | 0 | UnrelatedBusinessIncome |
| Foreign Financial Account | 0 | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTrans |
| Taxable Party Notification | 0 | TaxablePartyNotification |
| Non Deductible Contributions | 0 | NonDeductibleContributions |
| Quid Pro Quo Contributions | 1 | QuidProQuoContributions |
| Quid Pro Quo Disclosure | 1 | QuidProQuoDisclosure |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOf |
| Funds To Pay Premiums | 0 | FundsToPayPremiums |
| Premiums Paid | 0 | PremiumsPaid |
| Indoor Tanning Services | 0 | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 36 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 36 | NumberIndependentVotingMembers |
| Family Or Business Relationship | 1 | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | 1 | DelegationOfManagementDuties |
| Changes To Organizing Docs | 0 | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuse |
| Members Or Stockholders | 0 | MembersOrStockholders |
| Election Of Board Members | 0 | ElectionOfBoardMembers |
| Decisions Subject To Approval | 0 | DecisionsSubjectToApproval |
| Minutes Of Governing Body | 1 | MinutesOfGoverningBody |
| Minutes Of Committees | 1 | MinutesOfCommittees |
| Officer Mailing Address | 0 | OfficerMailingAddress |
| Local Chapters | 0 | LocalChapters |
| Form990 Provided To Governing Body | 1 | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | 1 | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | 1 | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | 1 | RegularMonitoringEnforcement |
| Whistleblower Policy | 1 | WhistleblowerPolicy |
| Document Retention Policy | 1 | DocumentRetentionPolicy |
| Compensation Process CEO | 0 | CompensationProcessCEO |
| Compensation Process Other | 0 | CompensationProcessOther |
| Investment In Joint Venture | 0 | InvestmentInJointVenture |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
Name Business NameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | TEXAS TECH UNIVERSITY | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Telephone Number | 8067429000 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 15TH AKRON | AddressLine1 |
| City | LUBBOCK | City |
| State | TX | State |
| ZIP Code | 79409 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| No Listed Persons Compensated | X | NoListedPersonsCompensated |
Form990 Part VII Section A Form990PartVIISectionA (38 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | OfficerOfficer | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation |
|---|---|---|---|---|---|---|
| ALAN HENRY | ||||||
| CHAIRMAN | 0.50 | X | X | 0 | 0 | 0 |
| JAMES BURKHART | ||||||
| VICE CHAIRMAN | 0.30 | X | X | 0 | 0 | 0 |
| TERRY FULLER | ||||||
| SECRETARY | 2.00 | X | X | 0 | 0 | 0 |
| ALLEN HOWARD | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| BRAD BARRON | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| ER BROOKS | ||||||
| DIRECTOR | 2.00 | X | 0 | 0 | 0 | |
| EBTESAM ATTAYA ISLAM | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| KENNETH BURGESS | ||||||
| DIRECTOR | 2.00 | X | 0 | 0 | 0 | |
| DON MADDOX | ||||||
| DIRECTOR | 1.30 | X | 0 | 0 | 0 | |
| FREDERICK SCOTT DUESER | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| H CRAIG EVANS | ||||||
| DIRECTOR | 1.20 | X | 0 | 0 | 0 | |
| FERN FINCK | ||||||
| DIRECTOR | 3.00 | X | 0 | 0 | 0 | |
| ROBERT HORSMAN | ||||||
| DIRECTOR | 0.30 | X | 0 | 0 | 0 | |
| STEVE HURT | ||||||
| DIRECTOR | 0.80 | X | 0 | 0 | 0 | |
| J MICHAEL LEWIS | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| RICHARD LIGON | ||||||
| DIRECTOR | 1.30 | X | 0 | 0 | 0 | |
| KEH-SHEW LU | ||||||
| DIRECTOR | 2.00 | X | 0 | 0 | 0 | |
| MATT MALOUF | ||||||
| DIRECTOR | 0.40 | X | 0 | 0 | 0 | |
| ROBERT MATEJEK | ||||||
| DIRECTOR | 1.30 | X | 0 | 0 | 0 | |
| R RANDALL ONSTEAD | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| JACKIE D REDMAN | ||||||
| DIRECTOR | 0.30 | X | 0 | 0 | 0 | |
| JOHN RACZ | ||||||
| DIRECTOR | 0.30 | X | 0 | 0 | 0 | |
| WILLIAM G RITTER | ||||||
| DIRECTOR | 1.30 | X | 0 | 0 | 0 | |
| STEVE SHERWOOD | ||||||
| DIRECTOR | 2.00 | X | 0 | 0 | 0 | |
| T BRYAN SMITHERMAN | ||||||
| DIRECTOR | 0.50 | X | 0 | 0 | 0 | |
| BILLIE RUTH STONE | ||||||
| DIRECTOR | 6.00 | X | 0 | 0 | 0 | |
| WARD WILLIFORD | ||||||
| DIRECTOR | 0.30 | X | 0 | 0 | 0 | |
| JOHN CARPENTER III | ||||||
| DIRECTOR | 0.90 | X | 0 | 0 | 0 | |
| MICHAEL MCVEAN | ||||||
| DIRECTOR | 2.00 | X | 0 | 0 | 0 | |
| DAVID THOMAS | ||||||
| DIRECTOR | 1.00 | X | 0 | 0 | 0 | |
| SKIP TRAMMEL | ||||||
| DIRECTOR | 0.50 | X | 0 | 0 | 0 | |
| LAWRENCE WILLIAMS | ||||||
| DIRECTOR | 1.50 | X | 0 | 0 | 0 | |
| ORAN BERRY | ||||||
| DIRECTOR | 2.00 | X | 0 | 0 | 0 | |
| PAULA W KEY | ||||||
| DIRECTOR | 0.20 | X | 0 | 0 | 0 | |
| H CHRISTOPHER MOTT | ||||||
| DIRECTOR 9/11 - 4/12 | 0.10 | X | 0 | 0 | 0 | |
| J ROBERT BROWN | ||||||
| DIRECTOR | 0.10 | X | 0 | 0 | 0 | |
| TONY AUSTIN | ||||||
| DIRECTOR | 2.00 | X | 0 | 0 | 0 | |
| JIM BRUNJES | ||||||
| TREASURER | 4.00 | X | 0 | 0 | 0 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 0 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 0 | TotalOtherCompensation |
| Number Individuals GT100 K | 0 | NumberIndividualsGT100K |
| Formers Listed | 0 | FormersListed |
| Total Comp GT150 K | 0 | TotalCompGT150K |
| Compensation From Other Sources | 0 | CompensationFromOtherSources |
| Number Of Contractors GT100 K | 0 | NumberOfContractorsGT100K |
| Fundraising Events | 95618 | FundraisingEvents |
| All Other Contributions | 33215417 | AllOtherContributions |
| Noncash Contributions | 3322508 | NoncashContributions |
| Total Contributions | 33311035 | TotalContributions |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 17493010 | TotalRevenueColumn |
| Exclusion | $17,493,010 | ExclusionAmount |
Royalties Revenue RoyaltiesRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 87732 | TotalRevenueColumn |
| Exclusion | $87,732 | ExclusionAmount |
Gross Rents GrossRents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 8275 | Real |
Less Rental Expenses LessRentalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 0 | Real |
Rental Income Or Loss RentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 8275 | Real |
Net Rental Income Or Loss NetRentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 8275 | TotalRevenueColumn |
| Exclusion | $8,275 | ExclusionAmount |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 14077574 | Securities |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | -14077574 | Securities |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -14077574 | TotalRevenueColumn |
| Exclusion | -$14,077,574 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Income Fundraising Events | 170293 | GrossIncomeFundraisingEvents |
| Cntrbtns Rprtd Fundraising Events | 95618 | CntrbtnsRprtdFundraisingEvents |
| Fundraising Direct Expenses | 315157 | FundraisingDirectExpenses |
Net Income From Fundraising Events NetIncomeFromFundraisingEvents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -144864 | TotalRevenueColumn |
| Exclusion | -$144,864 | ExclusionAmount |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 36677614 | TotalRevenueColumn |
| Related Or Exempt Function Income | 0 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $3,366,579 | ExclusionAmount |
Grants To Domestic Orgs GrantsToDomesticOrgs
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 67164146 | Total |
| Program Services | 67164146 | ProgramServices |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 32000 | Total |
| Program Services | 32000 | ProgramServices |
Fees For Services Lobbying FeesForServicesLobbying
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 29399 | Total |
| Program Services | 29399 | ProgramServices |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 155316 | Total |
| Program Services | 155316 | ProgramServices |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 76669 | Total |
| Program Services | 76669 | ProgramServices |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1050174 | Total |
| Program Services | 1050174 | ProgramServices |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 158604 | Total |
| Program Services | 158604 | ProgramServices |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 409427 | Total |
| Program Services | 398547 | ProgramServices |
| Fundraising | 10880 | Fundraising |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 141272 | Total |
| Fundraising | 141272 | Fundraising |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 230 | Total |
| Program Services | 230 | ProgramServices |
Other Expenses OtherExpenses (4 entries)
| DescriptionDescription | TotalTotal | FundraisingFundraising | Program ServicesProgramServices |
|---|---|---|---|
| FUNDRAISING EVENTS | 475261 | 475261 | |
| UNCOLLECTIBLE PLEDGES | 232985 | 232985 | |
| SUPPLIES | 163866 | 5846 | 158020 |
| REPAIRS AND MAINTENANCE | 82601 | 82601 |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 70171950 | Total |
| Program Services | 69538691 | ProgramServices |
| Management And General | 0 | ManagementAndGeneral |
| Fundraising | 633259 | Fundraising |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 38591756 | BOY |
| EOY | 8715135 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 41614048 | BOY |
| EOY | 48310834 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 12458 | BOY |
| EOY | 4192 | EOY |
Other Notes Loans Receivable Net OtherNotesLoansReceivableNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 39905 | BOY |
| EOY | 27645 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3267438 | BOY |
| EOY | 19090 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 1033682 | LandBuildingsEquipmentBasis |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1125026 | BOY |
| EOY | 1033682 | EOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 370174182 | BOY |
| EOY | 375371985 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 7938111 | BOY |
| EOY | 8108115 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4749654 | BOY |
| EOY | 4989007 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 467512578 | BOY |
| EOY | 446579685 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 124628 | BOY |
| EOY | 43597 | EOY |
Grants Payable GrantsPayable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1758271 | BOY |
| EOY | 2338896 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 121271 | BOY |
| EOY | 257505 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 2004170 | BOY |
| EOY | 2639998 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 15727340 | BOY |
| EOY | 17586955 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 93758094 | BOY |
| EOY | 59600694 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 356022974 | BOY |
| EOY | 366752038 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 465508408 | BOY |
| EOY | 443939687 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 467512578 | BOY |
| EOY | 446579685 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | X | InfoInScheduleOPartXI |
| Reconcilation Revenue Expenses | -33494336 | ReconcilationRevenueExpenses |
| Reconcilation Other Changes | 11925615 | ReconcilationOtherChanges |
| Info In Schedule O Part XII | X | InfoInScheduleOPartXII |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | 0 | AccountantCompileOrReview |
| FS Audited | 1 | FSAudited |
| Audit Committee | 1 | AuditCommittee |
| Financial Statement Separate | X | FinancialStatementSeparate |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequired |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| College Support Org170b1 Aiv | X | CollegeSupportOrg170b1Aiv |
Gifts Grants Contrib Received170 GiftsGrantsContribReceived170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 84534975 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 51381176 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 45173789 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 39228362 | CurrentTaxYearMinus1Year |
| Current Tax Year | 33311035 | CurrentTaxYear |
| Total | 253629337 | Total |
Total170 Total170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 84534975 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 51381176 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 45173789 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 39228362 | CurrentTaxYearMinus1Year |
| Current Tax Year | 33311035 | CurrentTaxYear |
| Total | 253629337 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Amounts Subst Contributors Total | 17814530 | AmountsSubstContributorsTotal |
| Public Support Total170 | 235814807 | PublicSupportTotal170 |
Gross Investment Income170 GrossInvestmentIncome170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 15999454 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 17195555 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 17477401 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 18757964 | CurrentTaxYearMinus1Year |
| Current Tax Year | 17589017 | CurrentTaxYear |
| Total | 87019391 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | 340648728 | TotalSupport |
| Public Support Pertcentage170 | 0.69230 | PublicSupportPertcentage170 |
| Public Support Pertcent Prior Year | 0.59910 | PublicSupportPertcentPriorYear |
| Thirty Three Percnt Tests CY170 | X | ThirtyThreePercntTestsCY170 |
Schedule B IRS990ScheduleB
Contributor Info ContributorInfo
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor Number | RESTRICTED | ContributorNumber |
Contributor Name Business ContributorNameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor Address US ContributorAddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Aggregate Contributions | RESTRICTED | AggregateContributions |
Schedule D IRS990ScheduleD
Current Year CurrentYear
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 378493475 | BeginningOfYearBalance |
| Contributions | 15165851 | Contributions |
| Investment Earnings Or Losses | 10894012 | InvestmentEarningsOrLosses |
| Other Expenditures | 27828692 | OtherExpenditures |
| End Of Year Balance | 376724646 | EndOfYearBalance |
Current Year Minus1 Year CurrentYearMinus1Year
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 351105968 | BeginningOfYearBalance |
| Contributions | 10604875 | Contributions |
| Investment Earnings Or Losses | 26913060 | InvestmentEarningsOrLosses |
| Other Expenditures | 10130428 | OtherExpenditures |
| End Of Year Balance | 378493475 | EndOfYearBalance |
Current Year Minus2 Years CurrentYearMinus2Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 327058769 | BeginningOfYearBalance |
| Contributions | 24746866 | Contributions |
| Investment Earnings Or Losses | 16300265 | InvestmentEarningsOrLosses |
| Other Expenditures | 16999932 | OtherExpenditures |
| End Of Year Balance | 351105968 | EndOfYearBalance |
Current Year Minus3 Years CurrentYearMinus3Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 336117315 | BeginningOfYearBalance |
| Contributions | 42776384 | Contributions |
| Investment Earnings Or Losses | -42929926 | InvestmentEarningsOrLosses |
| Other Expenditures | 8905004 | OtherExpenditures |
| End Of Year Balance | 327058769 | EndOfYearBalance |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated EOY Balance | 0.02600 | BoardDesignatedEOYBalance |
| Permanent Endowment EOY Balance | 0.97400 | PermanentEndowmentEOYBalance |
| Term Endowment EOY Balance | 0.00000 | TermEndowmentEOYBalance |
| Endowments Held By Unrelated Orgs | 0 | EndowmentsHeldByUnrelatedOrgs |
| Endowments Held By Related Orgs | 0 | EndowmentsHeldByRelatedOrgs |
Land Land
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | 1033682 | InvestmentCostOrOtherBasis |
| Book Value | 1033682 | BookValue |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Land Buildings | 1033682 | TotalOfBookValueLandBuildings |
| Total Revenue | 36677614 | TotalRevenue |
| Total Expenses | 70171950 | TotalExpenses |
| Excess Or Deficit For Year | -33494336 | ExcessOrDeficitForYear |
| Net Unrealized GL On Investments | 11925615 | NetUnrealizedGLOnInvestments |
| Total Adjustments | 11925615 | TotalAdjustments |
| Excess Or Deficit Per FS | -21568721 | ExcessOrDeficitPerFS |
| Tot Revenue Etc Audited Fincl Stmt | 48603229 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | 11925615 | NetUnrealizedGainsInvestments |
| Revenue Not Rptd F990 | 11925615 | RevenueNotRptdF990 |
| Revenue Subtotal | 36677614 | RevenueSubtotal |
| Revenue Not Rptd On Fin Stmt | 0 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 36677614 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 70171950 | TotExpensesEtcAuditedFinclStmt |
| Expenses Not Rptd F990 | 0 | ExpensesNotRptdF990 |
| Expenses Subtotal | 70171950 | ExpensesSubtotal |
| Expenses Not Rptd On Fin Stmt | 0 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 70171950 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV (3 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| 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: | 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, 2012 AND 2011. THE FOUNDATION IS NO LONGER SUBJECT TO EXAMINATIONS BY FEDERAL TAXING AUTHORITIES FOR YEARS BEFORE 2008. |
| 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. |
Schedule G IRS990ScheduleG
Events Information EventsInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Event1 | DALLAS RECRUITING REVIEW | NameOfEvent1 |
| Gross Receipts Event1 | 33068 | GrossReceiptsEvent1 |
| Charitable Contributions Event1 | 28583 | CharitableContributionsEvent1 |
| Gross Revenue Event1 | 4485 | GrossRevenueEvent1 |
| Food And Beverage Event1 | 30727 | FoodAndBeverageEvent1 |
| Other Direct Expenses Event1 | 7721 | OtherDirectExpensesEvent1 |
| Name Of Event2 | KICKOFF LUNCHEON | NameOfEvent2 |
| Gross Receipts Event2 | 42580 | GrossReceiptsEvent2 |
| Charitable Contributions Event2 | 36590 | CharitableContributionsEvent2 |
| Gross Revenue Event2 | 5990 | GrossRevenueEvent2 |
| Rent Facility Costs Event2 | 1917 | RentFacilityCostsEvent2 |
| Food And Beverage Event2 | 14300 | FoodAndBeverageEvent2 |
| Other Direct Expenses Event2 | 3787 | OtherDirectExpensesEvent2 |
| Total Number Of Other Events | 25 | TotalNumberOfOtherEvents |
| Gross Receipts Other Events | 190263 | GrossReceiptsOtherEvents |
| Charitable Contrib Other Events | 30445 | CharitableContribOtherEvents |
| Gross Revenue Other Events | 159818 | GrossRevenueOtherEvents |
| Non Cash Prizes Other Events | 23830 | NonCashPrizesOtherEvents |
| Rent Facility Costs Other Events | 74478 | RentFacilityCostsOtherEvents |
| Food And Beverage Other Events | 40644 | FoodAndBeverageOtherEvents |
| Other Direct Expenses Other Events | 117753 | OtherDirectExpensesOtherEvents |
| Gross Receipts Total | 265911 | GrossReceiptsTotal |
| Charitable Contributions Total | 95618 | CharitableContributionsTotal |
| Gross Revenue Total Events | 170293 | GrossRevenueTotalEvents |
| Non Cash Prizes Total Events | 23830 | NonCashPrizesTotalEvents |
| Rent Facility Costs Total Events | 76395 | RentFacilityCostsTotalEvents |
| Food And Beverage Total Events | 85671 | FoodAndBeverageTotalEvents |
| Other Direct Expenses Total Events | 129261 | OtherDirectExpensesTotalEvents |
| Direct Expense Summary Events | 315157 | DirectExpenseSummaryEvents |
| Net Income Summary | -144864 | NetIncomeSummary |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Records Maintained | 0 | RecordsMaintained |
Recipient Table RecipientTable (3 entries)
| Address Line1AddressUS/AddressLine1 | CityAddressUS/City | StateAddressUS/State | ZIP CodeAddressUS/ZIPCode | EIN Of RecipientEINOfRecipient | IRC SectionIRCSection | Amount Of Cash GrantAmountOfCashGrant | Purpose Of GrantPurposeOfGrant |
|---|---|---|---|---|---|---|---|
| TEXAS TECH UNIVERSITY SYSTEM | |||||||
| PO BOX 41092 | LUBBOCK | TX | 794091092 | 756002622 | STATE OF TEXAS | 67133651 | TO PROMOTE HIGHER EDUCATION BY PROVIDING FUNDS FOR SCHOLARSHIPS AND GENERAL FUNDS FOR OPERATION EXPENSES OF THE TEXAS TECH UNIVERSITY SYSTEM. |
| LUBBOCK CHAMBER OF COMMERCE | |||||||
| 1500 BROADWAY STE 101 | LUBBOCK | TX | 79401 | 750403180 | 501(C)(6) | 7125 | TO PROMOTE AND SUPPORT THE BUSINESSES OF LUBBOCK, TX. |
| TEXAS MUSEUMS AND HALLS OF FAME FOUNDATION | |||||||
| 1108 S UNIVERSITY PARKS DR | WACO | TX | 76706 | 742603242 | 501(C)(3) | 10000 | TO PROMOTE THE HISTORY OF TEXAS SPORTS AND ATHLETES. |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Nbr Of501 C3 And Govt Grants | 2 | TotalNbrOf501C3AndGovtGrants |
| Total Nbr Of Other Organizations | 1 | TotalNbrOfOtherOrganizations |
Form990 Schedule I Part IV Form990ScheduleIPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | PROCEDURE FOR MONITORING GRANTS IN THE U.S.: | Identifier |
| Return Reference | PART I, LINE 2: | ReturnReference |
| Explanation | 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. | Explanation |
Schedule M IRS990ScheduleM
Securities Publicly Traded SecuritiesPubliclyTraded
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Number Of Contributions | 92 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 3310940 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | MARKET QUOTES | MethodOfDeterminingRevenues |
Other Non Cash Contributions Table OtherNonCashContributionsTable
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Description | OTHER | Description |
| Number Of Contributions | 2 | NumberOfContributions |
| Noncash Contribs Rptd F990 | 11568 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | APPRAISAL | MethodOfDeterminingRevenues |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeld |
| Review Process Unusual NC Gifts | 1 | ReviewProcessUnusualNCGifts |
| Third Parties Used | 0 | ThirdPartiesUsed |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (7 entries)
| Return ReferenceReturnReference | ExplanationExplanation | IdentifierIdentifier |
|---|---|---|
| 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 | A 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 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. | |
| FORM 990, PART XI, LINE 5: | NET UNREALIZED GAINS ON INVESTMENTS: 11,925,615. | CHANGES IN NET ASSETS OR FUND BALANCES: |
| 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. | AUDIT COMMITTEE |
Schedule R IRS990ScheduleR
Form990 Schedule R Part II Form990ScheduleRPartII
Name Of Disregarded Entity NameOfDisregardedEntity
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | TEXAS TECH UNIVERSITY SYSTEM | BusinessNameLine1 |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | BOX 41092 | AddressLine1 |
| City | LUBBOCK | City |
| State | TX | State |
| ZIP Code | 79409 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 756002622 | EIN |
| Primary Activities | INSTITUTION OF HIGHER LEARNING | PrimaryActivities |
| Legal Domicile State | TX | LegalDomicileState |
| Exempt Code Section | 501(C)(3) | ExemptCodeSection |
| Public Charity Status | LINE 6 | PublicCharityStatus |
| Controlled Org | 0 | ControlledOrg |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Ann Rents Royalties | 0 | ReceiptOfIntAnnRentsRoyalties |
| Gift Grant Or Cap Contr To Other Org | 1 | GiftGrantOrCapContrToOtherOrg |
| Gift Grant Or Cap Contr Fr Other Org | 0 | GiftGrantOrCapContrFrOtherOrg |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrg |
| Loans Or Guarantees From Other Org | 0 | LoansOrGuaranteesFromOtherOrg |
| Sale Of Assets To Other Org | 0 | SaleOfAssetsToOtherOrg |
| Purchase Of Assets From Other Org | 0 | PurchaseOfAssetsFromOtherOrg |
| Exchange Of Assets | 0 | ExchangeOfAssets |
| Rental Of Facilities To Other Orgs | 0 | RentalOfFacilitiesToOtherOrgs |
| Rental Of Facilities Fr Other Orgs | 0 | RentalOfFacilitiesFrOtherOrgs |
| Perform Of Services For Other Orgs | 0 | PerformOfServicesForOtherOrgs |
| Perform Of Services By Other Orgs | 0 | PerformOfServicesByOtherOrgs |
| Sharing Of Facilities | 0 | SharingOfFacilities |
| Sharing Of Paid Employees | 0 | SharingOfPaidEmployees |
| Reimbursement Paid To Other Org | 0 | ReimbursementPaidToOtherOrg |
| Reimbursement Paid By Other Org | 0 | ReimbursementPaidByOtherOrg |
| Other Transfer To Other Org | 0 | OtherTransferToOtherOrg |
| Other Transfer From Other Org | 0 | OtherTransferFromOtherOrg |
Transactions Related Orgs Table TransactionsRelatedOrgsTable
Name Of Other Organization NameOfOtherOrganization
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | TEXAS TECH UNIVERSITY SYSTEM | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Transaction Type | B | TransactionType |
| Amount Involved | 67133651 | AmountInvolved |
| Method Of Amt Determination | CASH | MethodOfAmtDetermination |
Comments