EIN 75-1589151

McCombs School of Business Foundation

IRS 501(c) type
501(c)(3)
Num. employees
72
City
State
Year formed
1977
Most recent tax filings
2023-08-01
Description
The purpose of the McCombs School of Business Foundation is to develop new sources of revenue for the school to enable it to grow in academic and professional stature and to fund high priority programs and activities of the school.
Total revenues
$23,706,118
2023
Total expenses
$21,529,369
2023
Total assets
$44,565,274
2023
Num. employees
72
2023

Program areas at McCombs School of Business Foundation

The Foundation is contracted by various organizations to design, develop and implement customized training programs. McCombs School of Business faculty members are actively involved in Texas Executive Education; many of the most experienced teach in the Foundation's custom programs. In addition, as appropriate, the Foundation calls upon professors in other schools and colleges of The University of Texas (The University) to help construct and participate in custom programs, including Communications, Engineering, Law, Information, and Public Administration.
Faculty, student, and administrative support to The University of Texas McCombs School of Business.

Grants made by McCombs School of Business Foundation

GranteeGrant descriptionAmount
Ex-Students Association of The University of TexasScholarships$820,000

Who funds McCombs School of Business Foundation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Schwab Charitable FundEducation$54,650
National Philanthropic TrustEducation$40,000
Vanguard Charitable Endowment ProgramFor Recipient's Exempt Purpose$31,300
...and 7 more grants received

Personnel at McCombs School of Business Foundation

NameTitleCompensation
Caitlin MullaneyManaging Director$0
Charles HolleySecretary$0
Kent FergusonChairman / Trustee$0
Susie BrownPast Manager Director$0
Robert ZlotnikSecretary$0
...and 1 more key personnel

Financials for McCombs School of Business Foundation

RevenuesFYE 08/2023
Total grants, contributions, etc.$134,512
Program services$22,852,840
Investment income and dividends$801,859
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$-88,170
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$5,077
Total revenues$23,706,118

Form 990s for McCombs School of Business Foundation

Fiscal year endingDate received by IRSFormPDF link
2023-082024-07-13990View PDF
2022-082023-07-11990View PDF
2021-082022-07-11990View PDF
2020-082021-04-21990View PDF
2019-082020-10-22990View PDF
...and 9 more Form 990s

Organizations like McCombs School of Business Foundation

OrganizationLocationRevenue
UMKC FoundationKansas City, MO$56,327,176
Southwestern Medical FoundationDallas, TX$79,182,549
Montana Tech FoundationButte, MT$43,480,742
Youngstown State University FoundationYoungstown, OH$28,980,786
Clemson University FoundationClemson, SC$75,039,646
MCV FoundationRichmond, VA$57,642,255
New Mexico Military Institute Foundation (NMMIF)Roswell, NM$8,432,637
The University Foundation California State University ChicoChico, CA$11,237,610
University of Idaho FoundationMoscow, ID$39,573,106
Covenant Health System FoundationLubbock, TX$11,537,118
Data update history
September 21, 2024
Received grants
Identified 1 new grant, including a grant for $5,370 from The Blackbaud Giving Fund
August 29, 2024
Posted financials
Added Form 990 for fiscal year 2023
August 28, 2024
Updated personnel
Identified 1 new personnel
August 25, 2024
Used new vendors
Identified 3 new vendors, including , , and
May 18, 2024
Received grants
Identified 4 new grant, including a grant for $25,000 from The Prentice Foundation
Nonprofit Types
School foundationsGrantmaking organizationsHeadquarter / parent organizationsCharities
Issues
Education
Characteristics
Funds one specific organizationOperates internationallyEndowed supportTax deductible donationsAccepts online donations
General information
Address
2100 Speedway Stop B6000
Austin, TX 78712
Metro area
Austin-Round Rock-Georgetown, TX
County
Travis County, TX
Website URL
utexas.edu 
Phone
(512) 471-3349
Facebook page
UTAustinTX 
IRS details
EIN
75-1589151
Fiscal year end
August
Taxreturn type
Form 990
Year formed
1977
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
Central organization
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