RED RAIDERS FACILITIES FOUNDATION INC: Form 990, tax year 2024

View the entire original 990 at ProPublica ↗

Organization
RED RAIDERS FACILITIES FOUNDATION INC (EIN 87-3740602)
Tax period
2024-09-01 to 2025-08-31
Filed
2026-02-16
IRS object ID
202610479349300816
Schema version
2024v5.5
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 ReturnHeader

FieldValueIRS element (for citing)
Return2026-02-16T08:39:51-06:00ReturnTs
Tax Period End2025-08-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN750882037PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1BOLINGER SEGARS GILBERT AND MOSS LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line18215 NASHVILLE AVENUEAddressLine1Txt
CityLUBBOCKCityNm
State AbbreviationTXStateAbbreviationCd
ZIP79423ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2024-09-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN873740602EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1RED RAIDER FACILITIES FOUNDATION INCBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlREDRBusinessNameControlTxt
Phone5127704207PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1801 CHERRY STREET 500AddressLine1Txt
CityFORT WORTHCityNm
State AbbreviationTXStateAbbreviationCd
ZIP76102ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonCHRISTOPHER HUCKABEEPersonNm
Person TitlePRESIDENTPersonTitleTxt
Phone5127704207PhoneNum
Signature2026-02-13SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (1)IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonMATT R WILLISPreparerPersonNm
PTINP00419741PTIN
Phone8067473806PhoneNum
Preparation2026-02-13PreparationDt
Self EmployedYes (X)SelfEmployedInd
FieldValueIRS element (for citing)
Tax2024TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerCHRISTOPHER HUCKABEEPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1801 CHERRY STREET 500AddressLine1Txt
CityFORT WORTHCityNm
State AbbreviationTXStateAbbreviationCd
ZIP76102ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$207,045,287GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressN/AWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2021FormationYr
Legal Domicile StateTXLegalDomicileStateCd
Activity Or MissionTO SUPPORT AND PROMOTE, AND OTHERWISE HOLD, INVEST AND ADMINISTER PROPERTY AND MAKE EXPENDITURES FOR THE BENEFIT OF ATHLETICS AT TEXAS TECH UNIVERSITY.ActivityOrMissionDesc
Contract TerminationYes (X)ContractTerminationInd
Voting Members Governing Body3VotingMembersGoverningBodyCnt
Voting Members Independent3VotingMembersIndependentCnt
Total Employee0TotalEmployeeCnt
Total Volunteers3TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$13,430,611PYContributionsGrantsAmt
CY Contributions Grants$302,000CYContributionsGrantsAmt
PY Program Service Revenue$0PYProgramServiceRevenueAmt
CY Program Service Revenue$0CYProgramServiceRevenueAmt
PY Investment Income$241,355PYInvestmentIncomeAmt
CY Investment Income-$38,319,445CYInvestmentIncomeAmt
PY Other Revenue$56,303PYOtherRevenueAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$13,728,269PYTotalRevenueAmt
CY Total Revenue-$38,017,445CYTotalRevenueAmt
PY Grants And Similar Paid$0PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$46,375,082CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$0PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$0CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$4,916,545PYOtherExpensesAmt
CY Other Expenses$16,299,000CYOtherExpensesAmt
PY Total Expenses$4,916,545PYTotalExpensesAmt
CY Total Expenses$62,674,082CYTotalExpensesAmt
PY Revenues Less Expenses$8,811,724PYRevenuesLessExpensesAmt
CY Revenues Less Expenses-$100,691,527CYRevenuesLessExpensesAmt
Total Assets BOY$282,360,704TotalAssetsBOYAmt
Total Assets EOY$3,566,593TotalAssetsEOYAmt
Total Liabilities BOY$180,050,283TotalLiabilitiesBOYAmt
Total Liabilities EOY$1,947,699TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$102,310,421NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$1,618,894NetAssetsOrFundBalancesEOYAmt
MissionTO SUPPORT AND PROMOTE, AND OTHERWISE HOLD, INVEST AND ADMINISTER PROPERTY AND MAKE EXPENDITURES FOR THE BENEFIT OF ATHLETICS AT TEXAS TECH UNIVERSITY.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$62,321,257ExpenseAmt
Grant$46,375,082GrantAmt
DescRED RAIDER FACILITIES FOUNDATION'S ACTIVITIES INCLUDED THE DEVELOPMENT OF A NEW ATHLETIC TRAINING FACILITY FOR USE BY TEXAS TECH UNIVERSITY'S FOOTBALL TEAM. DEVELOPMENT OF A NEW SOUTH END ZONE FOR TEXAS TECH UNIVERSITY. THE PROJECT INCLUDED A FOUR-LEVEL BUILDING IN THE SOUTH END ZONE OF JONES AT&T STADIUM, CONNECTING VIA SKYBRIDGE TO THE SPORTS PERFORMANCE CENTER AND THE NEW ATHLETIC TRAINING FACILITY.DURING 2024-2025 THE PROJECTS WERE COMPLETED AND OWNERSHIP OF THE PROPERTY WAS TRANSFERRED TO TEXAS TECH UNIVERSITY.Desc
Total Program Service Expenses$62,321,257TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi Endowments0DonorRstrOrQuasiEndowmentsInd
Report Land Building Equipment0ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other Liabilities0ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (1)IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To OrganizationsYes (1)GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J Required0ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial LiquidationYes (1)PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related EntityYes (1)RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document8IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Employee0EmployeeCnt
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible Contributions0NondeductibleContributionsInd
Quid Pro Quo Contributions0QuidProQuoContributionsInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members3GoverningBodyVotingMembersCnt
Independent Voting Member3IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt DutiesYes (1)DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower Policy0WhistleblowerPolicyInd
Document Retention Policy0DocumentRetentionPolicyInd
Compensation Process CEO0CompensationProcessCEOInd
Compensation Process Other0CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1TRAY PAYNEBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone5127704207PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1801 CHERRY STREET 500AddressLine1Txt
CityFORT WORTHCityNm
State AbbreviationTXStateAbbreviationCd
ZIP76102ZIPCd
FieldValueIRS element (for citing)
No Listed Persons CompensatedYes (X)NoListedPersonsCompensatedInd

Form990 Part VII Section A Form990PartVIISectionAGrp (3 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmt
CHRISTOPHER HUCKABEE
CHAIRMAN15.00Yes (X)Yes (X)$0$0$0
KENDRA BURRIS
SECRETARY0.50Yes (X)Yes (X)$0$0$0
TRAY PAYNE
TREASURER0.50Yes (X)Yes (X)$0$0$0
FieldValueIRS element (for citing)
Total Reportable Comp From Org$0TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$0TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K0IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K0TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (5 entries)

Address Line1ContractorAddress/USAddress/AddressLine1TxtCityContractorAddress/USAddress/CityNmState AbbreviationContractorAddress/USAddress/StateAbbreviationCdZIPContractorAddress/USAddress/ZIPCdServicesServicesDescCompensationCompensationAmt
MANHATTAN LEE LEWIS
5601 S 122ND EAST AVETULSAOK74146CONSTRUCTION$39,066,717
DAKTRONICS
201 DAKTRONICS DRBROOKINGSSD57006CONSTRUCTION$871,481
STOETT INDUSTRIES
600 DEFIANCE AVEHICKSVILLEOH43526CONSTRUCTION$368,483
CLAIR GLOBAL INTEGRATION LLC
PO BOX 396LITITZPA17543CONSTRUCTION$239,575
TIMSHEL GLOBAL SERVICES
13813 QUINTON AVELUBBOCKTX79424CONSULTING$207,818
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K9CntrctRcvdGreaterThan100KCnt
Related Organizations$300,000RelatedOrganizationsAmt
All Other Contributions$2,000AllOtherContributionsAmt
Total Contributions$302,000TotalContributionsAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$69,338TotalRevenueColumnAmt
Exclusion$69,338ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$38,758SecuritiesAmt
Other$206,635,191OtherAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$40,421SecuritiesAmt
Other$245,022,311OtherAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities-$1,663SecuritiesAmt
Other-$38,387,120OtherAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column-$38,388,783TotalRevenueColumnAmt
Related Or Exempt Func Income-$38,387,120RelatedOrExemptFuncIncomeAmt
Exclusion-$1,663ExclusionAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column-$38,017,445TotalRevenueColumnAmt
Related Or Exempt Func Income-$38,387,120RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$67,675ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$46,375,082TotalAmt
Program Services$46,375,082ProgramServicesAmt

Fees For Services Management FeesForServicesManagementGrp

FieldValueIRS element (for citing)
Total$174,849TotalAmt
Management And General$174,849ManagementAndGeneralAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$119,756TotalAmt
Management And General$119,756ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$58,220TotalAmt
Management And General$58,220ManagementAndGeneralAmt

Interest InterestGrp

FieldValueIRS element (for citing)
Total$5,063,746TotalAmt
Program Services$5,063,746ProgramServicesAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$6,131,683TotalAmt
Program Services$6,131,683ProgramServicesAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$234,046TotalAmt
Program Services$234,046ProgramServicesAmt

Other Expenses OtherExpensesGrp (3 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmt
MATERIALS & SUPPLIES$2,764,669$2,764,669
BAD DEBT GRANT EXPENSE$1,703,142$1,703,142
MISCELLANEOUS EXPENSE$48,889$48,889

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$62,674,082TotalAmt
Program Services$62,321,257ProgramServicesAmt
Management And General$352,825ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$4,934,811BOYAmt
EOY$3,566,593EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$62,233,282BOYAmt
EOY$0EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$0LandBldgEquipCostOrOtherBssAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$215,182,068BOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$10,543BOYAmt
EOY$0EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$282,360,704BOYAmt
EOY$3,566,593EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$29,233,884BOYAmt
EOY$1,947,699EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

FieldValueIRS element (for citing)
BOY$150,816,399BOYAmt
EOY$0EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$180,050,283BOYAmt
EOY$1,947,699EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$102,310,421BOYAmt
EOY$1,618,894EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$102,310,421BOYAmt
EOY$1,618,894EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$282,360,704BOYAmt
EOY$3,566,593EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss-$100,691,527ReconcilationRevenueExpnssAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Info In Schedule O Part XIIYes (X)InfoInScheduleOPartXIIInd
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
College OrganizationYes (X)CollegeOrganizationInd

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus3 Years$73,237,036CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$22,662,692CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$13,117,795CurrentTaxYearMinus1YearAmt
Current Tax Year$302,000CurrentTaxYearAmt
Total$109,319,523TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus3 Years$73,237,036CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$22,662,692CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$13,117,795CurrentTaxYearMinus1YearAmt
Current Tax Year$302,000CurrentTaxYearAmt
Total$109,319,523TotalAmt
FieldValueIRS element (for citing)
Substantial Contributors Tot$69,363,552SubstantialContributorsTotAmt
Public Support Total170$39,955,971PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus2 Years$540,035CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$298,920CurrentTaxYearMinus1YearAmt
Current Tax Year$69,338CurrentTaxYearAmt
Total$908,293TotalAmt
FieldValueIRS element (for citing)
Total Support$110,227,816TotalSupportAmt
First5 Years170Yes (X)First5Years170Ind

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

FieldValueIRS element (for citing)
Total Book Value Land Buildings$0TotalBookValueLandBuildingsAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt-$39,720,587TotalRevEtcAuditedFinclStmtAmt
Revenue Not Reported$0RevenueNotReportedAmt
Revenue Subtotal-$39,720,587RevenueSubtotalAmt
Other Revenues Not Included$1,703,142OtherRevenuesNotIncludedAmt
Revenue Not Reported Fincl Stmt$1,703,142RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990-$38,017,445TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$60,970,940TotExpnsEtcAuditedFinclStmtAmt
Expenses Not Reported$0ExpensesNotReportedAmt
Expenses Subtotal$60,970,940ExpensesSubtotalAmt
Other Expenses Not Included$1,703,142OtherExpensesNotIncludedAmt
Expenses Not Rpt Fincl Stmt$1,703,142ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$62,674,082TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART X, LINE 2:THE FOUNDATION IS A NOT-FOR-PROFIT ORGANIZATION THAT IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. IT FURTHER FALLS UNDER THE CLASSIFICATION OF A TYPE I SUPPORTING ORGANIZATION UNDER SECTION 509(A)(3) AND IS THEREFORE NOT A PRIVATE FOUNDATION. THE FOUNDATION IS REQUIRED TO FILE FORM 990, RETURN OF ORGANIZATION EXEMPT FROM INCOME TAX. THE FOUNDATION HAS NO UNCERTAIN TAX POSITIONS THAT QUALIFY FOR EITHER RECOGNITION OR DISCLOSURE. THERE WERE NO PENALTIES OR INTEREST RECOGNIZED.
PART XI, LINE 4B - OTHER ADJUSTMENTS:BAD DEBT GRANT WRITEOFFS NETTED ON FINANCIALS 1,703,142.
PART XII, LINE 4B - OTHER ADJUSTMENTS:BAD DEBT GRANT WRITEOFFS NETTED ON FINANCIALS 1,703,142.

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedYes (1)GrantRecordsMaintainedInd

Recipient Table RecipientTable

Recipient Business Name RecipientBusinessName

FieldValueIRS element (for citing)
Business Name Line1TEXAS TECH FOUNDATION INCBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 45025AddressLine1Txt
CityLUBBOCKCityNm
State AbbreviationTXStateAbbreviationCd
ZIP79409ZIPCd
FieldValueIRS element (for citing)
Recipient EIN756043842RecipientEIN
IRC Section501(C)(3)IRCSectionDesc
Cash Grant$46,375,082CashGrantAmt
Non Cash Assistance$0NonCashAssistanceAmt
Purpose Of GrantTO GIVE ALL REMAINING PLEDGES TO THE TEXAS TECH FOUNDATION TO USE FOR THE BENEFIT OF THE TTU SYSTEM.PurposeOfGrantTxt
FieldValueIRS element (for citing)
Total501c3 Org1Total501c3OrgCnt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, LINE 2:FormAndLineReferenceDesc
ExplanationTHE ORGANIZATION WAS FORMED TO CONSTRUCT A NEW ATHLETIC TRAINING FACILITY FOR USE BY TEXAS TECH UNIVERSITY'S FOOTBALL TEAM. DEVELOPMENT OF A NEW SOUTH END ZONE FOR TEXAS TECH UNIVERSITY. THE PROJECT INCLUDED A FOUR-LEVEL BUILDING IN THE SOUTH END ZONE OF JONES AT&T STADIUM, CONNECTING VIA SKYBRIDGE TO THE SPORTS PERFORMANCE CENTER AND THE NEW ATHLETIC TRAINING FACILITY. DURING 2024-2025 THE PROJECTS WERE COMPLETED AND OWNERSHIP OF THE PROPERTY WAS TRANSFERRED TO TEXAS TECH UNIVERSITY. ALSO TRANSFERRED WERE ANY PLEDGES RECEIVABLE. THESE WERE TRANSFERRED TO THE TEXAS TECH FOUNDATION. THE FOUNDATION EXISTS TO SUPPORT AND PROVIDE FUNDING FOR TEXAS TECH UNIVERSITY.ExplanationTxt

Schedule N IRS990ScheduleN

Disposition Of Assets Detail DispositionOfAssetsDetail (2 entries)

Assets Distri Or Expnss PaidAssetsDistriOrExpnssPaidDescDistributionDistributionDtFair Market Value Of AssetFairMarketValueOfAssetAmtMethod Of FMV DeterminationMethodOfFMVDeterminationTxtEINEINAddress Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdIRC SectionIRCSectionTxt
TEXAS TECH UNIVERSITY SYSTEM
SOUTH ENDZONE AND FOOTBALL TRAINING FACIILY2025-04-22$242,411,737COST ON BOOKS756002622PO BOX 41092LUBBOCKTX79409STATE OF TEXAS
TEXAS TECH FOUNDATION INC
PLEDGES RECEIVABLE2025-06-15$46,375,082COST ON BOOKS756043842PO BOX 45025LUBBOCKTX79409501(C)(3)
FieldValueIRS element (for citing)
Director Of Successor20DirectorOfSuccessor2Ind
Employee Of Successor20EmployeeOfSuccessor2Ind
Owner Of Successor20OwnerOfSuccessor2Ind
Receive Compensation20ReceiveCompensation2Ind

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (5 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION A, LINE 3THE BOARD OF DIRECTORS HAVE ENGAGED BRIDGEPOINT CONSULTING TO RUN THE DAY TO DAY OPERATIONS OF THE FOUNDATION.
FORM 990, PART VI, SECTION B, LINE 11BA COPY OF THE FORM 990 WAS PRESENTED TO THE BOARD FOR DISCUSSION, REVIEW, AND APPROVAL PRIOR TO FILING.
FORM 990, PART VI, SECTION B, LINE 12CANNUALLY EACH DIRECTOR AND OFFICER OF THE RED RAIDER FACILITIES FOUNDATION IS REQUIRED TO REVIEW THE CONFLICT OF INTEREST POLICY AND DISCLOSE ANY POTENTIAL CONFLICTS OF INTEREST.
FORM 990, PART VI, SECTION C, LINE 19THE ORGANIZATION'S GOVERNING DOCUMENTS, AUDITED FINANCIAL STATEMENTS AND CONFLICT OF INTEREST POLICY ARE AVAILABLE FOR VIEWING BY THE PUBLIC AT THE ORGANIZATION'S OFFICE LOCATED AT 801 CHERRY STREET, STE 500 IN FORT WORTH, TX.
FORM 990, PART XII, LINE 2CTHE BOARD AS A WHOLE IS RESPONSIBLE FOR OVERSEEING THE FINANCIAL STATEMENT AUDIT AND SELECTING THE INDEPENDENT FINANCIAL STATEMENT AUDITOR.

Schedule R IRS990ScheduleR

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp

Disregarded Entity Name DisregardedEntityName

FieldValueIRS element (for citing)
Business Name Line1TEXAS TECH UNIVERSITYBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 41092AddressLine1Txt
CityLUBBOCKCityNm
State AbbreviationTXStateAbbreviationCd
ZIP79409ZIPCd
FieldValueIRS element (for citing)
EIN756002622EIN
Primary ActivitiesEDUCATIONPrimaryActivitiesTxt
Legal Domicile StateTXLegalDomicileStateCd
Exempt Code Section501(C)(3)ExemptCodeSectionTxt
Public Charity StatusGOVERNMENTAL ENTITYPublicCharityStatusTxt
Direct Controlling NAN/ADirectControllingNACd
Controlled Organization0ControlledOrganizationInd
FieldValueIRS element (for citing)
Receipt Of Int Annts Rnts Rylts0ReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth Org0GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth OrgYes (1)GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other Org0LoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth Org0LoansOrGuaranteesFromOthOrgInd
Div Related Organization0DivRelatedOrganizationInd
Asset Sale To Other Org0AssetSaleToOtherOrgInd
Asset Purchase From Other Org0AssetPurchaseFromOtherOrgInd
Asset Exchange0AssetExchangeInd
Rental Of Facilities To Oth Org0RentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth Org0RentalOfFcltsFromOthOrgInd
Perform Of Services For Oth Org0PerformOfServicesForOthOrgInd
Perform Of Services By Other Org0PerformOfServicesByOtherOrgInd
Sharing Of Facilities0SharingOfFacilitiesInd
Paid Employees Sharing0PaidEmployeesSharingInd
Reimbursement Paid To Other Org0ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other Org0ReimbursementPaidByOtherOrgInd
Transfer To Other Org0TransferToOtherOrgInd
Transfer From Other Org0TransferFromOtherOrgInd

Transactions Related Org TransactionsRelatedOrgGrp

Other Organization Name OtherOrganizationName

FieldValueIRS element (for citing)
Business Name Line1TEXAS TECH UNIVERSITYBusinessNameLine1Txt
FieldValueIRS element (for citing)
Transaction TypeCTransactionTypeTxt
Involved$300,000InvolvedAmt
Method Of Amount DeterminationCASHMethodOfAmountDeterminationTxt

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