2012-05-14T13:51:07-05:00 2011-06-30 DURST MILBERGER NESBITT & ASK LLP 304 POST OFFICE STREET BRYAN TX 778012198 990 2010-07-01 742245072 TEXAS A&M FOUNDATION TEXA 9798458161 401 GEORGE BUSH DRIVE COLLEGE STATION TX 778402811 DOYLE THOMPSON 9798458161 2012-05-14 1 PAUL E ASK 9798220175 2012-05-14 2010 2016-02-24 21:20:13Z EDDIE J DAVIS 401 GEORGE BUSH DRIVE COLLEGE STATION TX 778402811 533254926 0 X HTTP://GIVING.TAMU.EDU/FOUNDATION X 1953 TX FUNDRAISING AND ASSET MANAGEMENT FOR BENEFIT OF TEXAS A&M UNIVERSITY AT COLLEGE STATION 7 7 98 30 656576 -79833 77952468 59079107 0 0 43316351 61430955 599657 618027 121868476 121128089 63903473 55652046 0 0 9814321 10028877 0 0 10590228 11628783 12326058 85346577 78006981 36521899 43121108 1238051144 1313631113 240043801 142270264 998007343 1171360849 X THE TAMF MATCHES DONORS WITH THE UNIVERSITY'S PRIORITIES. OUR DONORS PROVIDE THE RESOURCES THAT HELP FACULTY EXCEL IN THEIR FIELDS AND STUDENTS BECOME CONFIDENT PROFESSIONALS. THE FOUNDATION'S WISE MANAGEMENT OF THESE GENEROUS GIFTS FUELS SPIRIT AND MIND. IT HELPS AGGIES LEAVE THEIR MARK ON THE WORLD IN PRODUCTIVE AND INVENTIVE WAYS. 0 0 30798129 30798129 DEPARTMENTAL SUPPORT: PROVIDE NEEDED FUNDS TO SUPPORT VARIOUS COLLEGE AND DEPARTMENTAL NEEDS AND ACTIVITIES THROUGH BOTH NON-ENDOWED FUNDS AND FUNDS GENERATED FROM ENDOWMENTS. 18934376 18934376 SCHOLARSHIPS/FELLOWSHIPS: PROVIDE DIRECT FINANCIAL AID FOR BOTH UNDERGRADUATES AND GRADUATES WITH BOTH NON-ENDOWED SCHOLARSHIPS AND FUNDS GENERATED FROM SCHOLARSHIP ENDOWMENTS. 5226541 5226541 FACULTY SUPPORT: PROVIDE FUNDING FOR FACULTY TEACHING AND RESEARCH WITH BOTH NON-ENDOWED FUNDS AND FUNDS GENERATED FROM ENDOWMENTS. 693000 693000 INSTITUTIONAL SUPPORT 693000 693000 55652046 1 1 0 0 0 0 0 1 0 1 1 1 0 0 1 0 1 0 0 0 1 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 1 111 0 98 1 1 1 1 CJ 0 0 0 1 1 1 1 0 0 0 X 7 7 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 AK AZ AR CA IL KY ME MD MA MI MN NH NJ NY OH OR PA SC WA DC WV MO UT X DOYLE L THOMPSON VICE PRESIDENT AN 9798458161 401 GEORGE BUSH DRIVE COLLEGE STATION TX 77845 THOMAS J SAYLAK 3.00 X 0 0 0 MELBERN G GLASSCOCK 3.00 X 0 0 0 JOHN E BETHANCOURT 3.00 X 0 0 0 CHARLES H GREGORY 3.00 X 0 0 0 RICHARD KARDYS 3.00 X 0 0 0 VAN H TAYLOR 3.00 X 0 0 0 BOB SUROVIK 3.00 X 0 0 0 EDDIE J DAVIS 40.00 X 885945 0 55983 JAMES J PALINCSAR 40.00 X 232630 0 51048 DOYLE L THOMPSON 40.00 X 200173 0 44188 LISKA F LUSK 40.00 X 155223 0 34349 JANET HANDLEY 40.00 X 263455 0 57285 CARL F JAEDICKE 40.00 X 162326 0 39773 BENJAMIN K WALL 40.00 X 147663 0 35956 OSCAR J WOYTEK 40.00 X 125894 0 30943 GLENN R PITTSFORD 40.00 X 138626 0 33908 DAVID C HICKS 40.00 X 124025 0 30487 2435960 0 413920 10 0 1 0 EDGEWOOD MANAGEMENT COMPANY 350 PARK AVENUE 18TH FLOOR NEW YORK NY 10022 INVESTMENT MANAGERS 391586 ADVENT LLC 2320 CRUZEN ST NASHVILLE TN 37211 CONSULTING SERVICES 195830 CAMBRIDGE ASSOCIATES 2001 ROSS AVENUE STE 3155 DALLAS TX 75201 INVESTMENT MANAGERS 193207 ACADIAN 1 POST OFFICE SQUARE BOSTON MA 02109 INVESTMENT MANAGERS 189755 WELLINGTON 280 CONGRESS STREET BOSTON MA 02210 INVESTMENT MANAGERS 170165 5 59079107 3605981 59079107 16320220 735937 15584283 17641 17641 17641 17641 451621396 5616176 409303935 2822902 42317461 2793274 45110735 45110735 OIL & GAS INTERESTS 900099 433655 -79361 513016 OTHER RECEIPTS 900099 166731 166731 600386 121128089 0 656576 61392406 55652046 55652046 1482539 965501 517038 6293316 1572607 4720709 640118 63068 577050 1106277 389910 716367 506627 145715 360912 13263 10531 2732 89240 89240 167469 18251 149218 1454139 8521 1445618 511264 95047 416217 687487 191268 496219 418861 63068 355793 141125 36388 104737 422356 139376 282980 103369 64439 38930 INDIRECT INV MANAGER FE 7886653 7886653 GENERAL FUNDRAISING 334092 4224 329868 MISCELLANEOUS 96740 20900 75840 78006981 55652046 11764707 10590228 38305526 32492823 38628900 35932829 1996187 3679360 530119 473923 50597848 5630719 25349820 44967129 811823247 927700319 130258494 212983512 191158851 55401218 1238051144 1313631113 1249933 882532 238793868 141387732 240043801 142270264 X 20599035 49431361 233153916 332416980 744254392 789512508 998007343 1171360849 1238051144 1313631113 X 43121108 130232398 X X 0 1 1 X 0 X 93060472 69289097 75044719 77952468 59079107 374425863 93060472 69289097 75044719 77952468 59079107 374425863 35792503 338633360 20055412 22991819 22813651 16652775 16938247 99451904 473877767 0.71460 0.61990 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 19377377 X X X 0 842974899 36069467 177942954 13839862 24366562 14265001 1004515895 756051929 55430929 86742590 11385623 30509348 13355578 842974899 881122847 49562179 -127761785 15041970 20695986 11133356 756051929 0.03190 0.96810 1 1 1 34480090 34480090 13308673 3664552 9644121 2809085 1966167 842918 44967129 INVESTMENT IN THE TEXAS A&M FOUNDATION TRUST COMPANY 500000 C NON-MARKETABLE SECURITIES 212483512 F 212983512 AMOUNTS HELD FOR OTHER CHARITABLE ORGANIZATIONS 128523220 OTHER LIABILITIES 12864512 141387732 121128089 78006981 43121108 130232398 130232398 173353506 243201743 130232398 130232398 112969345 7886653 272091 8158744 121128089 78149013 142032 142032 78006981 0 78006981 PART III, LINE 4: DONATED PAINTINGS AND GLASS ON PUBLIC EXHIBITION AND FOR EDUCATIONAL PURPOSES. PART XII, LINE 4B - OTHER ADJUSTMENTS: THE TEXAS A&M FOUNDATION TRUST COMPANY, A WHOLLY-OWNED SUBSIDIARY PART XIII, LINE 2D - OTHER ADJUSTMENTS: THE TEXAS A&M FOUNDATION TRUST COMPANY, A WHOLLY-OWNED SUBSIDIARY EAST ASIA AND THE PACIFIC 0 0 CONTRIBUTIONS 0 EUROPE 0 0 CONTRIBUTIONS 0 MIDDLE EAST AND NORTH AFRICA 0 0 CONTRIBUTIONS 0 CENTRAL AMERICA AND THE CARIBBEAN 0 0 INVESTMENTS 73569000 EUROPE 0 0 INVESTMENTS 3561000 0 0 0 0 0 0 77130000 0 77130000 1 0 1 0 1 0 1 TEXAS A&M UNIVERSITY TAMU COLLEGE STATION TX 77843 30798129 DEPARTMENTAL SUPPORT TEXAS A&M UNIVERSITY TAMU COLLEGE STATION TX 77843 18934376 SCHOLARSHIPS/FELLOWSHIPS TEXAS A&M UNIVERSITY TAMU COLLEGE STATION TX 77843 5226541 FACULTY SUPPORT TEXAS A&M UNIVERSITY TAMU COLLEGE STATION TX 77843 693000 INSTITUTIONAL SUPPORT 1 0 PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, PART I, LINE 2: TEXAS A&M FOUNDATION REQUIRES A FULL-TIME SENIOR STAFF OR FACULTY MEMBER OF TEXAS A&M UNIVERSITY TO SUBMIT DOCUMENTATION SHOWING THE INTENDED USE OF FUNDS, AND TO PROVIDE APPROPRIATE RECEIPTS AND INVOICES. THE FOUNDATION KEEPS RECORDS OF THE DISBURSEMENTS AS PART OF ITS ACCOUNTS PAYABLE DOCUMENTATION. X X 0 1 X X X 0 1 0 1 0 0 0 1 0 EDDIE J DAVIS 317616 0 51675 0 516654 0 48865 0 7118 0 941928 0 504769 0 JAMES J PALINCSAR 196566 0 32500 0 3564 0 43930 0 7118 0 283678 0 0 0 DOYLE L THOMPSON 170000 0 28367 0 1806 0 37070 0 7118 0 244361 0 0 0 LISKA F LUSK 130801 0 22100 0 2322 0 27231 0 7118 0 189572 0 0 0 JANET HANDLEY 225100 0 37375 0 980 0 49838 0 7447 0 320740 0 0 0 CARL F JAEDICKE 151566 0 8438 0 2322 0 32263 0 7510 0 202099 0 0 0 BENJAMIN K WALL 139198 0 8033 0 432 0 28698 0 7258 0 183619 0 0 0 OSCAR J WOYTEK 115201 0 6750 0 3943 0 23562 0 7381 0 156837 0 0 0 GLENN R PITTSFORD 127918 0 7144 0 3564 0 26483 0 7425 0 172534 0 0 0 DAVID C HICKS 115005 0 6750 0 2270 0 23106 0 7381 0 154512 0 0 0 PART I, LINE 1B LINE 1A - GROSS UP PAYMENTS AND SOCIAL CLUB DUES PAID BY THE TEXAS A&M FOUNDATION FOR STAFF IS INCLUDED AS TAXABLE FRINGE BENEFITS ON THEIR W-2. LINE 5A & LINE 7 - ALL EMPLOYEES OF THE TEXAS A&M FOUNDATION ARE ELIGIBLE FOR THE INCENTIVE COMPENSATION PROGRAM. THE INCENTIVE COMPENSATION AMOUNT IS BASED ON THE ATTAINMENT OF GOALS IN CONTRIBUTION REVENUE, INVESTMENT RETURN, GIFT EXPECTANCIES AND CRITICAL SUCCESS FACTORS. PART II OFFICERS, DIRECTORS, TRUSTEES, KEY EMPLOYEES - INCLUDED IN COLUMN B(III) FOR EDDIE J. DAVIS IS PAYMENT OF A VESTED INTEREST IN A NON-QUALIFIED SUPPLEMENTAL DEFERRED COMPENSATION PLAN. THE PLAN WAS ADOPTED IN 1999 BY THE BOARD OF TRUSTEES AND THE EMPLOYEE WAS FULLY VESTED WHEN THE EMPLOYEE REACHED AGE 65. COLUMN F REFLECTS AMOUNTS ACCRUED AND REPORTED IN PRIOR YEARS' FORM 990 BUT NOT PAID UNTIL THE EMPLOYEE REACHED AGE 65. AMOUNTS IN COLUMN F ARE INCLUDED IN COLUMN B (III). X 94 2246571 AVG HI/LOW ON GIFT DATE X 8 1005606 NPV X 2 353804 NPV OF APPRAISAL 2 0 1 1 THIRD PARTY USE: PART I, LINE 32B: FOR REAL ESTATE PARCELS, THE FOUNDATION USUALLY LISTS THE PROPERTY WITH A LOCAL, PROFESSIONAL REAL ESTATE BROKER FOR SALES. FORM 990, PART VI, SECTION B, LINE 11 DISCUSSION OF THE FORM 990 WAS AN AGENDA ITEM AT THE MAY 2012, BOARD OF TRUSTEES' MEETING. THE VICE PRESIDENT AND CONTROLLER REVIEWED THE COMPLETED FORM 990, AND IT WAS DISCUSSED AND QUESTIONS ANSWERED. FORM 990, PART VI, SECTION B, LINE 12C THE OFFICERS, TRUSTEES AND KEY EMPLOYEES ARE PROVIDED A COPY OF THE ORGANIZATION'S CONFLICT OF INTEREST POLICY AND A DISCLOSURE FORM EACH YEAR. 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 VI, SECTION B, LINE 15 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, VICE PRESIDENT AND CONTROLLER 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. FORM 990, PART VI, SECTION C, LINE 19 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 CONSOLIDATED STATEMENT OF FINANCIAL POSITION AND CONSOLIDATED 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. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED GAINS ON INVESTMENTS: 130,232,398. THERE HAVE BEEN NO CHANGES TO THE ORGANIZATION'S AUDIT COMMITTEE'S RESPONSIBILITIES. PART VII, SECTION A INCLUDED IN COLUMN D FOR EDDIE J. DAVIS IS PAYMENT OF A VESTED INTEREST IN A NON-QUALIFIED DEFERRED COMPENSATION PLAN. THE PLAN WAS ADOPTED IN 1999 BY THE BOARD OF TRUSTEES AND THE EMPLOYEE WAS FULLY VESTED WHEN THE EMPLOYEE REACHED AGE 65. TEXAS A&M FOUNDATION TRUST COMPANY 401 GEORGE BUSH DRIVE COLLEGE STATION TX 778402811 742337930 TRUST COMPANY TX C 551818 1428455 1.00000 143226 CRUT TRUST TX T 458737 0.51000 143081 CRUT TRUST TX T 77679 0.52000 143134 CRUT TRUST IL T 229320 0.52000 143152 CRUT TRUST TX T 385096 0.52000 143182 CRUT TRUST TX T 960894 0.52000 143037 CRUT TRUST TX T 120981 0.55000 143104 CRUT TRUST TX T 276419 0.56000 143146 CRUT TRUST TX T 43598 0.57000 143082 CRUT TRUST TX T 236929 0.58000 143117 CRUT TRUST TX T 53006 0.59000 143192 CRUT TRUST TX T 3614528 0.60000 143125 CRUT TRUST TX T 186039 0.61000 143132 CRUT TRUST TX T 316808 0.63000 143180 CRUT TRUST TX T 41772 0.63000 143124 CRUT TRUST TX T 194879 0.63000 143202 CRUT TRUST TX T 57674 0.63000 143126 CRUT TRUST TX T 183999 0.63000 143096 CRUT TRUST TX T 279046 0.64000 143130 CRUT TRUST TX T 524711 0.66000 143048 CRUT TRUST TX T 289079 0.66000 143122 CRUT TRUST TX T 65364 0.67000 143114 CRUT TRUST TX T 62713 0.69000 143027 CRUT TRUST TX T 219584 0.69000 143128 CRUT TRUST TX T 147625 0.70000 143175 CRUT TRUST TX T 287592 0.72000 143067 CRUT TRUST TX T 72111 0.72000 143074 CRUT TRUST TX T 1809970 0.73000 143162 CRUT TRUST TX T 136778 0.74000 143133 CRUT TRUST TX T 51351 0.75000 143069 CRUT TRUST TX T 312302 0.76000 143001 CRUT TRUST TX T 699077 0.79000 143063 CRUT TRUST TX T 44304 0.79000 143042 CRUT TRUST TX T 795514 0.80000 143102 CRAT TRUST TX T 96374 0.92000 143087 CRUT TRUST TX T 68871 0.93000 143123 CRUT TRUST TX T 283636 0.79000 143180 CRUT TRUST TX T 42793 0.64000 143142 CRAT TRUST TX T 67290 0.76000 AMDYK TRUST TX T 170905 0.84000 AMBAR TRUST TX T 77769 0.78000 AMCOU TRUST TX T 63687 0.55000 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 1 0 0 TEXAS A&M FOUNDATION TRUST COMPANY M 18800 INDIRECT COSTS INCLUDING BUILDING TEXAS A&M FOUNDATION TRUST COMPANY N 323000 BASED ON TIME SHEETS TEXAS A&M FOUNDATION TRUST COMPANY O 105297 GIFT PLANNING COSTS