EIN 75-6043842

Texas Tech Foundation

IRS 501(c) type
501(c)(3)
Num. employees
0
State
Year formed
1939
Most recent tax filings
2022-08-01
Description
The Foundation is an advocate for successful performance by:- positioning Texas Tech University System as an institution of distinction;- raising funds on behalf of the universities and health sciences centers;- stewardship of funds, caring for donors...
Total revenues
$125,336,972
2022
Total expenses
$96,813,130
2022
Total assets
$849,587,948
2022
Num. employees
0
2022

Program areas at Texas Tech Foundation

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 2021-2022 the Foundation transferred $95,045,254 to the Texas Tech university system and affiliated foundations. It also awarded 1 scholarship.

Grants made by Texas Tech Foundation

GranteeGrant descriptionAmount
Red Raider Facilities FoundationTo Support and Promote, and Otherwise Hold, Invest and Administer Property and Make Expenditures for the Benefit of Athletics at Texas Tech University.$250,000

Who funds Texas Tech Foundation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
The Dallas FoundationGeneral Support$5,595,096
The Legett FoundationEducational - School of Veterinary Medicine$2,250,000
The Hunt Family FoundationSupports the Ttuhsc Dental School in El Paso$1,500,000
...and 140 more grants received totalling $25,492,043

Personnel at Texas Tech Foundation

NameTitleCompensation
Patrick KramerChief Executive Officer$0
Cameron J. HallSenior Director Annual Giving
Nathan RiceSenior Director Gift Planning
Aj ArteagaDirector Talent Management and Professional Development
Memory CallisonSenior Director Foundation Relations
...and 8 more key personnel

Financials for Texas Tech Foundation

RevenuesFYE 08/2022
Total grants, contributions, etc.$116,183,868
Program services$0
Investment income and dividends$35,336,838
Tax-exempt bond proceeds$0
Royalty revenue$221,386
Net rental income$89,831
Net gain from sale of non-inventory assets$-26,422,412
Net income from fundraising events$-72,539
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$125,336,972

Form 990s for Texas Tech Foundation

Fiscal year endingDate received by IRSFormPDF link
2021-082022-07-14990View PDF
2020-082021-07-08990View PDF
2019-082020-10-15990View PDF
2018-082019-10-12990View PDF
2017-082018-10-16990View PDF
...and 8 more Form 990s

Organizations like Texas Tech Foundation

OrganizationLocationRevenue
Miami Dade College FoundationMiami, FL$32,204,697
The UC Davis FoundationDavis, CA$81,292,542
UMBF UMB FoundationBaltimore, MD$64,089,840
Uc San Diego FoundationLa Jolla, CA$216,432,589
University of Alaska FoundationAnchorage, AK$78,947,787
William & Mary FoundationWilliamsburg, VA$100,704,101
The University of Oklahoma FoundationNorman, OK$254,552,099
Clemson University FoundationClemson, SC$80,225,172
Georgia State University Research FoundationAtlanta, GA$122,526,995
Rowan University Foundation (RUF)Glassboro, NJ$58,909,453
Data update history
August 20, 2023
Received grants
Identified 113 new grant, including a grant for $5,595,096 from The Dallas Foundation
August 17, 2023
Posted financials
Added Form 990 for fiscal year 2021
May 8, 2023
Updated personnel
Identified 8 new personnel
May 7, 2023
Received grants
Identified 6 new grant, including a grant for $1,250,000 from The Hunt Family Foundation
August 2, 2022
Received grants
Identified 12 new grant, including a grant for $547,114 from Paso Del Norte Community Foundation
Nonprofit Types
School foundationsGrantmaking organizationsCharities
Issues
Education
Characteristics
Funds one specific organizationPolitical advocacyProvides grantsLobbyingFundraising eventsState / local levelEndowed supportProvides scholarshipsTax deductible donationsNo full-time employees
General information
Address
PO Box 45025
Lubbock, TX 79409
Metro area
Lubbock, TX
County
Lubbock County, TX
Website URL
give2tech.com/s/1422/c22/interior.aspx?sid=1422&gid=1005&pgid=60&cid=169&referer=&query=foundation%2f 
Phone
(806) 742-9000
Facebook page
give2tech 
Twitter profile
@give2tech 
IRS details
EIN
75-6043842
Fiscal year end
August
Taxreturn type
Form 990
Year formed
1939
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
B11: Education Single Organization Support
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
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