2033 FUND: Form 990, tax year 2025

View the entire original 990 at ProPublica ↗

Organization
2033 FUND (EIN 82-3699790)
Tax period
2025-01-01 to 2025-12-31
Filed
2026-09-22
IRS object ID
202602659349301400
Schema version
2025v4.2
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)
Return2026-09-22T09:30:32-05:00ReturnTs
Tax Period End2025-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN415375658PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1CROWE ADVISORY LLCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line14801 OLYMPIA PARK PLAZA STE 4000AddressLine1Txt
CityLOUISVILLECityNm
State AbbreviationKYStateAbbreviationCd
ZIP402412098ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2025-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN823699790EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1THE 2033 HIGHER EDUCATION DEVELOPMENTBusinessNameLine1Txt
Business Name Line2FOUNDATIONBusinessNameLine2Txt
FieldValueIRS element (for citing)
Business Name Control2033BusinessNameControlTxt
Phone5125295097PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line11300 RED RIVER STREET SUITE 510AddressLine1Txt
CityAUSTINCityNm
State AbbreviationTXStateAbbreviationCd
ZIP78701ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonROSS WILSONPersonNm
Person TitleEXECUTIVE DIRECTORPersonTitleTxt
Phone5125295097PhoneNum
Signature2026-09-22SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonRACHEL SPURLOCKPreparerPersonNm
PTINP00520729PTIN
Phone5023263996PhoneNum
Preparation2026-09-22PreparationDt
FieldValueIRS element (for citing)
Tax2025TaxYr

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerROSS WILSONPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line11300 RED RIVER STREET SUITE 510AddressLine1Txt
CityAUSTINCityNm
State AbbreviationTXStateAbbreviationCd
ZIP78701ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$57,620,062GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressN/AWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2017FormationYr
Legal Domicile StateTXLegalDomicileStateCd
Activity Or MissionTO SUPPORT THE UNIVERSITY OF TEXAS AT AUSTIN.ActivityOrMissionDesc
Voting Members Governing Body5VotingMembersGoverningBodyCnt
Voting Members Independent2VotingMembersIndependentCnt
Total Employee3TotalEmployeeCnt
Total Volunteers2TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$0PYContributionsGrantsAmt
CY Contributions Grants$0CYContributionsGrantsAmt
PY Program Service Revenue$9,903,983PYProgramServiceRevenueAmt
CY Program Service Revenue$11,030,267CYProgramServiceRevenueAmt
PY Investment Income$89,882PYInvestmentIncomeAmt
CY Investment Income$1,916CYInvestmentIncomeAmt
PY Other Revenue$0PYOtherRevenueAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$9,993,865PYTotalRevenueAmt
CY Total Revenue$11,032,183CYTotalRevenueAmt
PY Grants And Similar Paid$0PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$0CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$266,485PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$1,210,648CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$8,894,356PYOtherExpensesAmt
CY Other Expenses$7,602,041CYOtherExpensesAmt
PY Total Expenses$9,160,841PYTotalExpensesAmt
CY Total Expenses$8,812,689CYTotalExpensesAmt
PY Revenues Less Expenses$833,024PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$2,219,494CYRevenuesLessExpensesAmt
Total Assets BOY$189,987,401TotalAssetsBOYAmt
Total Assets EOY$301,873,066TotalAssetsEOYAmt
Total Liabilities BOY$187,219,604TotalLiabilitiesBOYAmt
Total Liabilities EOY$296,885,775TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$2,767,797NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$4,987,291NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
MissionTO OPERATE EXCLUSIVELY FOR THE BENEFIT OF, TO PERFORM FUNCTIONS ON BEHALF OF, AND TO CARRY OUT THE EXEMPT PURPOSES OF THE UNIVERSITY OF TEXAS AT AUSTIN (THE "UNIVERSITY"), AND TO BE OPERATED, SUPERVISED, OR CONTROLLED BY THE UNIVERSITY WITHIN THE MEANING OF SECTION 509(A)(3)(B)(I) OF THE CODE AND SUBSTANTIALLY ALL OF THE ACTIVITIES OF THE CORPORATION WILL DIRECTLY FURTHER THE EXEMPT PURPOSES OF THE UNIVERSITY. IN FURTHERANCE OF THE FOREGOING, THE CORPORATION IS ORGANIZED AND SHALL BE OPERATED EXCLUSIVELY FOR CHARITABLE AND EDUCATIONAL PURPOSES, INCLUDING MATTERS PERTAINING TO THE ACQUISITION, MANAGEMENT, DEVELOPMENT, AND ADMINISTRATION OF REAL PROPERTY FOR THE BENEFIT OF THE UNIVERSITY.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$8,267,882ExpenseAmt
Grant$0GrantAmt
Revenue$11,030,267RevenueAmt
DescSUPPORT UT AUSTIN THROUGH PARTICIPATING IN CERTAIN TRANSACTIONS, INCLUDING SECURING A LONG-TERM GROUND LEASE AND DEVELOPMENT OF PROPERTY ADJACENT TO THE UT AUSTIN DELL MEDICAL SCHOOL TO ENABLE THE EXPANSION OF THE MEDICAL SCHOOL.Desc
Total Program Service Expenses$8,267,882TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B Required0ScheduleBRequiredInd
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 EquipmentYes (1)ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other AssetsYes (1)ReportOtherAssetsInd
Report Other LiabilitiesYes (1)ReportOtherLiabilitiesInd
Include FIN48 Footnote0IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt0IndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtYes (1)ConsolidatedAuditFinclStmtInd
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 Organizations0GrantsToOrganizationsInd
Grants To Individuals0GrantsToIndividualsInd
Schedule J RequiredYes (1)ScheduleJRequiredInd
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 Liquidation0PartialLiquidationInd
Disregarded EntityYes (1)DisregardedEntityInd
Related EntityYes (1)RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document25IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee3EmployeeCnt
Employment Tax Returns FiledYes (1)EmploymentTaxReturnsFiledInd
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 Members5GoverningBodyVotingMembersCnt
Independent Voting Member2IndependentVotingMemberCnt
Family Or Business RlnYes (1)FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board MembersYes (1)ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of Committees0MinutesOfCommitteesInd
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 PolicyYes (1)WhistleblowerPolicyInd
Document Retention Policy0DocumentRetentionPolicyInd
Compensation Process CEOYes (1)CompensationProcessCEOInd
Compensation Process OtherYes (1)CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1CHARLES MCCALLBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone5128003676PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line11300 RED RIVER STREET SUITE 510AddressLine1Txt
CityAUSTINCityNm
State AbbreviationTXStateAbbreviationCd
ZIP78701ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (7 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndOfficerOfficerIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmt
SANFORD L GOTTESMAN
PRESIDENT30.00Yes (X)Yes (X)$0$0$0
JEREMY SMITHEAL
VICE PRESIDENT15.00Yes (X)Yes (X)$0$0$0
NANCY OAKLEY
SECRETARY/TREASURER3.00Yes (X)Yes (X)$0$231,159$11,013
KATIE BROCK
DIRECTOR (BEG. FEB 2025)1.00Yes (X)$0$538,245$47,307
BRIAN SMITH
DIRECTOR (BEG. JAN 2025)1.00Yes (X)$0$1,104,584$46,447
ROSS WILSON
EXECUTIVE DIRECTOR40.00Yes (X)$375,000$0$35,707
CHARLES MCCALL
CHIEF FINANCIAL OFFICER40.00Yes (X)$192,199$0$0
FieldValueIRS element (for citing)
Total Reportable Comp From Org$567,199TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$1,873,988TotReportableCompRltdOrgAmt
Total Other Compensation$140,474TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K2IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 KYes (1)TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (5 entries)

Address Line1ContractorAddress/USAddress/AddressLine1TxtCityContractorAddress/USAddress/CityNmState AbbreviationContractorAddress/USAddress/StateAbbreviationCdZIPContractorAddress/USAddress/ZIPCdServicesServicesDescCompensationCompensationAmt
MORTENSON
300 E SONTERRA BLVD STE 230SAN ANTONIOTX78258CONSTRUCTION$41,673,323
CBRE INC
2121 NORTH PEARL STREET STE 300DALLASTX75201COMMERCIAL REAL ESTATE$3,133,714
SKIDMORE OWINGS & MERRILL LLP
207 SAN JACINTO BLVD STE 300AUSTINTX78701ARCHITECTURE SERVICES$2,582,037
NOVO CONSTRUCTION INC
10500 N I35 BLDG BAUSTINTX78753CONSTRUCTION$2,504,014
ZAPALACREED CONSTRUCTION CO LP
13215 BEE CAVE PKWY BLDBG A STEAUSTINTX78738CONSTRUCTION$2,072,890
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K16CntrctRcvdGreaterThan100KCnt

Program Service Revenue ProgramServiceRevenueGrp (5 entries)

DescDescBusinessBusinessCdTotal Revenue ColumnTotalRevenueColumnAmtRelated Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
RENTAL REVENUE531120$7,896,118$7,896,118
RENTAL CONSULTING INCOME541900$1,957,865$1,957,865
ACQUISITION FEE INCOME541900$980,000$980,000
MANAGEMENT FEE INCOME541900$145,284$145,284
OTHER PROGRAM REVENUE541900$51,000$51,000
FieldValueIRS element (for citing)
Total Program Service Revenue$11,030,267TotalProgramServiceRevenueAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Other$46,589,795OtherAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Other$46,587,879OtherAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Other$1,916OtherAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$1,916TotalRevenueColumnAmt
Exclusion$1,916ExclusionAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$11,032,183TotalRevenueColumnAmt
Related Or Exempt Func Income$11,030,267RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$1,916ExclusionAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

FieldValueIRS element (for citing)
Total$602,906TotalAmt
Program Services$395,811ProgramServicesAmt
Management And General$207,095ManagementAndGeneralAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$569,102TotalAmt
Program Services$373,618ProgramServicesAmt
Management And General$195,484ManagementAndGeneralAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

FieldValueIRS element (for citing)
Total$36,585TotalAmt
Program Services$24,019ProgramServicesAmt
Management And General$12,566ManagementAndGeneralAmt

Payroll Taxes PayrollTaxesGrp

FieldValueIRS element (for citing)
Total$2,055TotalAmt
Program Services$1,349ProgramServicesAmt
Management And General$706ManagementAndGeneralAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$30,947TotalAmt
Program Services$30,947ProgramServicesAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$45,850TotalAmt
Management And General$45,850ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$215,386TotalAmt
Program Services$186,610ProgramServicesAmt
Management And General$28,776ManagementAndGeneralAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$8,766TotalAmt
Management And General$8,766ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$44,167TotalAmt
Program Services$3ProgramServicesAmt
Management And General$44,164ManagementAndGeneralAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$8,932TotalAmt
Program Services$8,932ProgramServicesAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$1,962TotalAmt
Program Services$1,962ProgramServicesAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$1,400TotalAmt
Management And General$1,400ManagementAndGeneralAmt

Depreciation Depletion DepreciationDepletionGrp

FieldValueIRS element (for citing)
Total$4,105,076TotalAmt
Program Services$4,105,076ProgramServicesAmt

Insurance InsuranceGrp

FieldValueIRS element (for citing)
Total$37,594TotalAmt
Program Services$37,594ProgramServicesAmt

Other Expenses OtherExpensesGrp (2 entries)

DescDescTotalTotalAmtProgram ServicesProgramServicesAmt
RENTAL LEASE EXPENSES$3,082,544$3,082,544
LANDSCAPING EXPENSE$19,417$19,417

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$8,812,689TotalAmt
Program Services$8,267,882ProgramServicesAmt
Management And General$544,807ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$2,691,634BOYAmt
EOY$1,599,054EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
EOY$745,318EOYAmt

Accounts Receivable AccountsReceivableGrp

FieldValueIRS element (for citing)
BOY$2,393,682BOYAmt
EOY$9,731,675EOYAmt
FieldValueIRS element (for citing)
Land Bldg Equip Cost Or Other Bss$161,162,230LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$11,174,363LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

FieldValueIRS element (for citing)
BOY$109,187,849BOYAmt
EOY$149,987,867EOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$75,714,236BOYAmt
EOY$139,809,152EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$189,987,401BOYAmt
EOY$301,873,066EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$6,031,070BOYAmt
EOY$3,146,280EOYAmt

Deferred Revenue DeferredRevenueGrp

FieldValueIRS element (for citing)
BOY$104,636,649BOYAmt
EOY$216,806,022EOYAmt

Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp

FieldValueIRS element (for citing)
BOY$790,581BOYAmt
EOY$0EOYAmt

Other Liabilities OtherLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$75,761,304BOYAmt
EOY$76,933,473EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$187,219,604BOYAmt
EOY$296,885,775EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$2,767,797BOYAmt
EOY$4,987,291EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$2,767,797BOYAmt
EOY$4,987,291EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$189,987,401BOYAmt
EOY$301,873,066EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$2,219,494ReconcilationRevenueExpnssAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Consolidated Basis Fincl StmtYes (X)ConsolidatedBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit Committee0AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Supporting Organization509a3Yes (X)SupportingOrganization509a3Ind
Supporting Org Type1Yes (X)SupportingOrgType1Ind
IRS Written DeterminationYes (X)IRSWrittenDeterminationInd
Supported Organizations1SupportedOrganizationsCnt

Supported Org Information SupportedOrgInformationGrp

Supported Organization Name SupportedOrganizationName

FieldValueIRS element (for citing)
Business Name Line1THE UNIVERSITY OF TEXAS AT AUSTINBusinessNameLine1Txt
FieldValueIRS element (for citing)
EIN746000203EIN
Organization Type6OrganizationTypeCd
Governing Document ListedYes (1)GoverningDocumentListedInd
Support$0SupportAmt
Other Support$4,463,663OtherSupportAmt
FieldValueIRS element (for citing)
Supported Organizations Total1SupportedOrganizationsTotalCnt
Support Sum$0SupportSumAmt
Other Support Sum$4,463,663OtherSupportSumAmt

Form990 Sch A Supporting Org Form990SchASupportingOrgGrp

FieldValueIRS element (for citing)
Listed By Name Governing DocYes (1)ListedByNameGoverningDocInd
Suprt Org No IRS DeterminationYes (1)SuprtOrgNoIRSDeterminationInd
Supported Org Section C4560SupportedOrgSectionC456Ind
Supported Org Not Organized US0SupportedOrgNotOrganizedUSInd
Organization Change Suprt Org0OrganizationChangeSuprtOrgInd
Support Non Supported Org0SupportNonSupportedOrgInd
Payment Substantial Contribtr0PaymentSubstantialContribtrInd
Loan Disqualified Person0LoanDisqualifiedPersonInd
Controlled Disqualified Prsn0ControlledDisqualifiedPrsnInd
Disqualified Prsn Controll Int0DisqualifiedPrsnControllIntInd
Disqualified Prsn Ownr Int0DisqualifiedPrsnOwnrIntInd
Excess Business Holdings Rules0ExcessBusinessHoldingsRulesInd
Contribution Controller0ContributionControllerInd
Contribution Family0ContributionFamilyInd
Contribution35 Controlled0Contribution35ControlledInd

Form990 Sch A Type1 Suprt Org Form990SchAType1SuprtOrgGrp

FieldValueIRS element (for citing)
Power Appoint Majority Dir TrstYes (1)PowerAppointMajorityDirTrstInd
Operate Benefit Non Suprt Org0OperateBenefitNonSuprtOrgInd

Form990 Schedule A Part VI Form990ScheduleAPartVIGrp

FieldValueIRS element (for citing)
Form And Line ReferencePART IV, SECTION A, LINE 2FormAndLineReferenceDesc
ExplanationTHE SUPPORTED ORGANIZATION, THE UNIVERSITY OF TEXAS AT AUSTIN, DOES NOT HAVE AN IRS DETERMINATION UNDER 509(A)(1) OR 509(A)(2) BECAUSE, AS A STATE UNIVERSITY, IT IS NOT REQUIRED TO OBTAIN RECOGNITION OF ITS PUBLIC CHARITY STATUS.ExplanationTxt

Schedule D IRS990ScheduleD

Buildings BuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$160,517,951OtherCostOrOtherBasisAmt
Depreciation$11,174,363DepreciationAmt
Book Value$149,343,588BookValueAmt

Equipment EquipmentGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$554,341OtherCostOrOtherBasisAmt
Book Value$554,341BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

FieldValueIRS element (for citing)
Other Cost Or Other Basis$89,938OtherCostOrOtherBasisAmt
Book Value$89,938BookValueAmt
FieldValueIRS element (for citing)
Total Book Value Land Buildings$149,987,867TotalBookValueLandBuildingsAmt

Other Assets Org OtherAssetsOrgGrp (2 entries)

DescDescBook ValueBookValueAmt
OPERATING LEASE RIGHT-OF-USE ASSETS$69,185,223
LEASE RECEIVABLE$70,623,929
FieldValueIRS element (for citing)
Total Book Value Other Assets$139,809,152TotalBookValueOtherAssetsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (2 entries)

DescDescAmtAmt
OPERATING LEASE OBLIGATIONS$70,623,929
LEASE INTEREST PAYABLE$6,309,544
FieldValueIRS element (for citing)
Total Liability$76,933,473TotalLiabilityAmt
Total Rev Etc Audited Fincl Stmt$10,981,183TotalRevEtcAuditedFinclStmtAmt
Revenue Not Reported$0RevenueNotReportedAmt
Revenue Subtotal$10,981,183RevenueSubtotalAmt
Other Revenues Not Included$51,000OtherRevenuesNotIncludedAmt
Revenue Not Reported Fincl Stmt$51,000RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$11,032,183TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$8,761,689TotExpnsEtcAuditedFinclStmtAmt
Other Expenses Included-$51,000OtherExpensesIncludedAmt
Expenses Not Reported-$51,000ExpensesNotReportedAmt
Expenses Subtotal$8,812,689ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt$0ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$8,812,689TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
PART XI, LINE 4B - OTHER ADJUSTMENTS:OTHER PROGRAM REVENUE 51,000.
PART XII, LINE 2D - OTHER ADJUSTMENTS:OTHER PROGRAM REVENUE -51,000.

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Severance Payment0SeverancePaymentInd
Supplemental Nonqual Rtr Plan0SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm0EquityBasedCompArrngmInd
Comp Based On Revenue Of Flng Org0CompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related Orgs0CompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng Org0CompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd Orgs0CompBsdNetEarnsRltdOrgsInd
Any Non Fixed Payments0AnyNonFixedPaymentsInd
Initial Contract Exception0InitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (5 entries)

TitleTitleTxtBase Compensation Filing OrgBaseCompensationFilingOrgAmtCompensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmtBonus Filing OrganizationBonusFilingOrganizationAmountBonus Related OrganizationsBonusRelatedOrganizationsAmtOther Compensation Filing OrgOtherCompensationFilingOrgAmtOther Compensation Rltd OrgsOtherCompensationRltdOrgsAmtDeferred Compensation Flng OrgDeferredCompensationFlngOrgAmtDeferred Comp Rltd OrgsDeferredCompRltdOrgsAmtNontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmtNontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmtTotal Compensation Filing OrgTotalCompensationFilingOrgAmtTotal Compensation Rltd OrgsTotalCompensationRltdOrgsAmtComp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmtComp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
BRIAN SMITH
DIRECTOR (BEG. JAN 2025)$0$720,818$0$0$0$383,766$0$34,533$0$11,914$0$1,151,031$0$0
KATIE BROCK
DIRECTOR (BEG. FEB 2025)$0$538,245$0$0$0$0$0$29,750$0$17,557$0$585,552$0$0
ROSS WILSON
EXECUTIVE DIRECTOR$375,000$0$0$0$0$0$0$0$35,707$0$410,707$0$0$0
NANCY OAKLEY
SECRETARY/TREASURER$0$228,599$0$0$0$2,560$0$0$0$11,013$0$242,172$0$0
CHARLES MCCALL
CHIEF FINANCIAL OFFICER$192,199$0$0$0$0$0$0$0$0$0$192,199$0$0$0

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (7 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION A, LINE 2SANFORD GOTTESMAN AND JEREMY SMITHEAL ARE BUSINESS PARTNERS.
FORM 990, PART VI, SECTION A, LINE 7AALL MEMBERS OF THE BOARD OF DIRECTORS WILL BE APPOINTED BY THE PRESIDENT OF THE UNIVERSITY OF TEXAS AT AUSTIN.
FORM 990, PART VI, SECTION A, LINE 8BTHERE ARE NO COMMITTEES WITH AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY.
FORM 990, PART VI, SECTION B, LINE 11BTHE BOARD WILL REVIEW THE FORM 990 BEFORE FILING.
FORM 990, PART VI, SECTION B, LINE 12CEACH DIRECTOR, PRINCIPAL OFFICER AND MEMBER OF A COMMITTEE WITH GOVERNING BOARD DELEGATED POWERS SHALL ANNUALLY SIGN A STATEMENT WHICH AFFIRMS SUCH PERSON: (A) HAS RECEIVED A COPY OF THE CONFLICT OF INTEREST POLICY, (B) HAS READ AND UNDERSTANDS THE POLICY, (C) HAS AGREED TO COMPLY WITH THE POLICY, AND (D) UNDERSTANDS THE ORGANIZATION IS CHARITABLE AND IN ORDER TO MAINTAIN ITS FEDERAL TAX EXEMPTION IT MUST ENGAGE PRIMARILY IN ACTIVITIES WHICH ACCOMPLISH ONE OR MORE OF ITS TAX-EXEMPT PURPOSES.
FORM 990, PART VI, SECTION B, LINE 15THE EXECUTIVE DIRECTOR'S AND CHIEF FINANCIAL OFFICER'S COMPENSATION ARE DISCUSSED IN A MEETING WITH THE EXECUTIVE COMMITTEE. THE COMMITTEE USES COMPARABILITY DATA WHEN DECIDING COMPENSATION AND THE DECISION IS COMTEMPORANEOUSLY SUBSTANTIATED IN BOARD MINUTES. OTHER BOARD MEMBER COMPENSATION IS PAID BY UNIVERSITY OF TEXAS AT AUSTIN, A RELATED ORGANIZATION, WHICH CONDUCTS ITS OWN PROCESS FOR DETERMINING COMPENSATION FOR SERVICES RENDERED TO THE UNIVERSITY OF TEXAS AT AUSTIN.
FORM 990, PART VI, SECTION C, LINE 19THE ORGANIZATION MAKES CERTAIN DOCUMENTS AVAILABLE UPON REQUEST.

Schedule R IRS990ScheduleR

Id Disregarded Entities IdDisregardedEntitiesGrp (13 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdEINEINPrimary ActivitiesPrimaryActivitiesTxtLegal Domicile StateLegalDomicileStateCdTotal IncomeTotalIncomeAmtEnd Of Year AssetsEndOfYearAssetsAmtBusiness Name Line1DirectControllingEntityName/BusinessNameLine1Txt
2033 STUDENT HOUSING LLC
1300 RED RIVER STREET SUITE 510AUSTINTX78701881544255STUDENT HOUSING DEVELOPMENTTX$0$326,525THE 2033 HIGHER EDUCATION DEVELOPMENT FOUNDATION
2033 REAL ESTATE SERVICES LLC
1300 RED RIVER STREET SUITE 510AUSTINTX78701333385519STUDENT HOUSING DEVELOPMENTTX$1,296,000$1,296,000THE 2033 HIGHER EDUCATION DEVELOPMENT FOUNDATION
2301 HEDF LLC
1300 RED RIVER STREET SUITE 510AUSTINTX78701331249130STUDENT HOUSING DEVELOPMENTTX$1$4,303THE 2033 HIGHER EDUCATION DEVELOPMENT FOUNDATION
2302 HEDF LLC
1300 RED RIVER STREET SUITE 510AUSTINTX78701331267024STUDENT HOUSING DEVELOPMENTTX$1$1THE 2033 HIGHER EDUCATION DEVELOPMENT FOUNDATION
2303 HEDF LLC
1300 RED RIVER STREET SUITE 510AUSTINTX78701331285129STUDENT HOUSING DEVELOPMENTTX$1$59,501THE 2033 HIGHER EDUCATION DEVELOPMENT FOUNDATION
2304 HEDF LLC
1300 RED RIVER STREET SUITE 510AUSTINTX78701995139929STUDENT HOUSING DEVELOPMENTTX$1$2,357,263THE 2033 HIGHER EDUCATION DEVELOPMENT FOUNDATION
2305 HEDF LLC
1300 RED RIVER STREET SUITE 510AUSTINTX78701331305851STUDENT HOUSING DEVELOPMENTTX$1$1THE 2033 HIGHER EDUCATION DEVELOPMENT FOUNDATION
2401 HEDF LLC
1300 RED RIVER STREET SUITE 510AUSTINTX78701331322784STUDENT HOUSING DEVELOPMENTTX$1$15,513THE 2033 HIGHER EDUCATION DEVELOPMENT FOUNDATION
2402 HEDF LLC
1300 RED RIVER STREET SUITE 510AUSTINTX78701331345935STUDENT HOUSING DEVELOPMENTTX$1$57,051THE 2033 HIGHER EDUCATION DEVELOPMENT FOUNDATION
2501 HEDF LLC
1300 RED RIVER STREET SUITE 510AUSTINTX78701334882703STUDENT HOUSING DEVELOPMENTTX$1$351,983THE 2033 HIGHER EDUCATION DEVELOPMENT FOUNDATION
2502 HEDF LLC
1300 RED RIVER STREET SUITE 510AUSTINTX78701334895935STUDENT HOUSING DEVELOPMENTTX$1,618,216$47,178,816THE 2033 HIGHER EDUCATION DEVELOPMENT FOUNDATION
2503 HEDF LLC
1300 RED RIVER STREET SUITE 510AUSTINTX78701STUDENT HOUSING DEVELOPMENTTX$0$0THE 2033 HIGHER EDUCATION DEVELOPMENT FOUNDATION
2504 HEDF LLC
1300 RED RIVER STREET SUITE 510AUSTINTX78701STUDENT HOUSING DEVELOPMENTTX$0$0THE 2033 HIGHER EDUCATION DEVELOPMENT FOUNDATION

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp

Disregarded Entity Name DisregardedEntityName

FieldValueIRS element (for citing)
Business Name Line1THE UNIVERSITY OF TEXAS AT AUSTINBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line12515 SPEEDWAYAddressLine1Txt
CityAUSTINCityNm
State AbbreviationTXStateAbbreviationCd
ZIP78712ZIPCd
FieldValueIRS element (for citing)
EIN746000203EIN
Primary ActivitiesPUBLIC UNIVERSITYPrimaryActivitiesTxt
Legal Domicile StateTXLegalDomicileStateCd
Exempt Code SectionGOVExemptCodeSectionTxt
Public Charity StatusN/APublicCharityStatusTxt
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 Org0GiftGrntCapContriFromOthOrgInd
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 OrgYes (1)RentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth Org0RentalOfFcltsFromOthOrgInd
Perform Of Services For Oth OrgYes (1)PerformOfServicesForOthOrgInd
Perform Of Services By Other Org0PerformOfServicesByOtherOrgInd
Sharing Of FacilitiesYes (1)SharingOfFacilitiesInd
Paid Employees SharingYes (1)PaidEmployeesSharingInd
Reimbursement Paid To Other Org0ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other Org0ReimbursementPaidByOtherOrgInd
Transfer To Other Org0TransferToOtherOrgInd
Transfer From Other Org0TransferFromOtherOrgInd

Comments

Anonymous: no account or email. Up to 2,000 characters, at most one link. Comments are checked automatically; some wait for review.