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 2022-2023 the Foundation transferred $93,821,903 to the Texas Tech university system and affiliated foundations.
The organization granted $750,000 to the providence Foundation for the expansion of providence hospital's neonatal intensive care unit and to support the providence Foundation's mission.
Grants made by Texas Tech Foundation
Who funds Texas Tech Foundation
Grants from foundations and other nonprofits
Personnel at Texas Tech Foundation
| Name | Title | Compensation | Date of data |
|---|
| Patrick Kramer | Chief Executive Officer | $0 | 2024-07-08 |
| Kimberly C Ford | Secretary / Director | $0 | 2023-08-31 |
| Tim Lancaster | Vice Chairman / Secretary / Director | $0 | 2023-08-31 |
| Tim G Culp | Vice Chairman / Director | $0 | 2023-08-31 |
| Penny Harkey | Treasurer | $0 | 2023-08-31 |
| ...and 5 more key personnel |
Financials for Texas Tech Foundation
| Revenues | FYE 08/2023 | FYE 08/2022 | % Change |
|---|
| Total grants, contributions, etc. | $99,440,061 | $116,183,868 | -14.4% |
| Program services | $0 | $0 | - |
| Investment income and dividends | $38,836,813 | $35,336,838 | 9.9% |
| Tax-exempt bond proceeds | $0 | $0 | - |
| Royalty revenue | $308,234 | $221,386 | 39.2% |
| Net rental income | $4,972 | $89,831 | -94.5% |
| Net gain from sale of non-inventory assets | $-28,434,287 | $-26,422,412 | -7.6% |
| Net income from fundraising events | $-7,515 | $-72,539 | 89.6% |
| Net income from gaming activities | $0 | $0 | - |
| Net income from sales of inventory | $0 | $0 | - |
| Miscellaneous revenues | $0 | $0 | - |
| Total revenues | $110,148,278 | $125,336,972 | -12.1% |
Organizations like Texas Tech Foundation
| Organization | Type | Location | Revenue |
|---|
| Florida Gulf Coast University Foundation | 501(c)(3) | Fort Myers, FL | $29,949,264 |
| Unc Health Foundation | 501(c)(3) | Chapel Hill, NC | $57,795,670 |
| Uc San Diego Foundation | 501(c)(3) | La Jolla, CA | $217,345,772 |
| William & Mary Foundation | 501(c)(3) | Williamsburg, VA | $41,051,162 |
| Georgia State University Research Foundation | 501(c)(3) | Atlanta, GA | $136,485,742 |
| KU Endowment | 501(c)(3) | Lawrence, KS | $302,294,908 |
| Montana Tech Foundation | 501(c)(3) | Butte, MT | $43,480,742 |
| Uc Santa Barbara Foundation | 501(c)(3) | Santa Barbara, CA | $40,009,959 |
| The UC Davis Foundation | 501(c)(3) | Davis, CA | $87,059,600 |
| Medical University of South Carolina Foundation | 501(c)(3) | Charleston, SC | $80,589,263 |
Data update history
August 31, 2024
Posted financials
Added Form 990 for fiscal year 2023
August 30, 2024
Updated personnel
Identified 6 new personnel
August 26, 2024
Used new vendors
Identified 4 new vendors, including , , , and
Nonprofit Types
School foundationsGrantmaking organizationsHeadquarter / parent organizationsCharities
Issues
Education
Characteristics
Funds one specific organizationPolitical advocacyProvides grantsLobbyingFundraising eventsState / local levelEndowed supportFundraising races, competitions, and tournamentsTax deductible donationsNo full-time employees
General information
- Address
- PO Box 45025
- Lubbock, TX 79409
- Metro area
- Lubbock, TX
- County
- Lubbock County, TX
- Phone
- (806) 742-9000
- Facebook page
- give2techÂ
- Twitter profile
- @give2techÂ
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
- Central organization
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