Civic Intelligence

Texas a & M Research Foundation

990 • Fiscal year 2021 • EIN 74-1238434

Sep 01, 2020 to Aug 31, 2021 • Filed on Mar 11, 2022

Organization Profilerf.tamu.edu

View Organization Page

400 HARVEY MITCHELL PKWY S No 300College Station, TX 77845

(979) 845-8600

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

61st percentile

0.34x

Higher debt load relative to assets than 61% of similar nonprofits.

2021 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2021

Liabilities / Revenue

19th percentile

0.09x

Higher debt load relative to revenue than 19% of similar nonprofits.

2021 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2021

Net Margin

24th percentile

1.0%

Higher net margin than 24% of similar nonprofits.

2021 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2021

Top Officer Pay

6th percentile

$0

Higher top officer pay than 6% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

2021 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2021

Asset Growth

36th percentile

6.9%

Faster asset growth than 36% of similar nonprofits.

2021 filings • 501(c)3 • $50M-$100M nonprofits • Annualized from 2020 to 2021

Revenue Growth

34th percentile

3.3%

Faster revenue growth than 34% of similar nonprofits.

2021 filings • 501(c)3 • $50M-$100M nonprofits • Annualized from 2020 to 2021

Balance Sheet
Liabilities / Assets61st percentile

Assets

Up

$17,651,760

Up $1,140,852 (+6.9%) from 2020

Net Assets

Up

$11,591,593

Up $649,618 (+5.9%) from 2020

Liabilities

Up

$6,060,167

Up $491,234 (+8.8%) from 2020

Revenue And Expenses
Liabilities / Revenue19th percentileNet Margin24th percentile

Revenue

Up

$64,742,890

Up $2,079,984 (+3.3%) from 2020

Expenses

Up

$64,093,272

Up $1,046,143 (+1.7%) from 2020

Net Income

Up

$649,618

Up $1,033,841 (+269%) from 2020

Historical Trend

Balance Sheet Trend

Asset Growth36th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$60M$40M$20M$0Assets 2010: $56,773,977Liabilities 2010: $37,800,091Net Assets 2010: $18,973,8862010Assets 2011: $56,975,554Liabilities 2011: $34,852,215Net Assets 2011: $22,123,3392011Assets 2012: $52,772,294Liabilities 2012: $32,636,041Net Assets 2012: $20,136,2532012Assets 2013: $44,136,052Liabilities 2013: $23,558,795Net Assets 2013: $20,577,2572013Assets 2014: $31,220,914Liabilities 2014: $14,141,276Net Assets 2014: $17,079,6382014Assets 2015: $26,702,376Liabilities 2015: $10,390,330Net Assets 2015: $16,312,0462015Assets 2016: $21,588,098Liabilities 2016: $8,543,715Net Assets 2016: $13,044,3832016Assets 2017: $18,632,763Liabilities 2017: $5,727,161Net Assets 2017: $12,905,6022017Assets 2018: $19,297,222Liabilities 2018: $6,348,467Net Assets 2018: $12,948,7552018Assets 2019: $16,021,713Liabilities 2019: $4,695,515Net Assets 2019: $11,326,1982019Assets 2020: $16,510,908Liabilities 2020: $5,568,933Net Assets 2020: $10,941,9752020Assets 2021: $17,651,760Liabilities 2021: $6,060,167Net Assets 2021: $11,591,5932021Assets 2022: $14,329,971Liabilities 2022: $5,087,808Net Assets 2022: $9,242,1632022Assets 2023: $17,192,053Liabilities 2023: $7,945,179Net Assets 2023: $9,246,8742023Assets 2024: $14,414,216Liabilities 2024: $6,431,074Net Assets 2024: $7,983,1422024

Highlighted filing

2021

Assets$17,651,760
Liabilities$6,060,167
Net Assets$11,591,593
Open 2021 Filing

Operations Trend

Revenue Growth34th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$300M$200M$100M$0-$100MExpenses 2010: $219,563,5902010Expenses 2011: $230,872,7002011Expenses 2012: $197,858,9982012Revenue 2013: $174,209,226Expenses 2013: $173,768,222Net Income 2013: $441,0042013Revenue 2014: $120,588,103Expenses 2014: $124,085,722Net Income 2014: -$3,497,6192014Revenue 2015: $105,199,888Expenses 2015: $105,967,480Net Income 2015: -$767,5922015Revenue 2016: $84,236,490Expenses 2016: $87,504,153Net Income 2016: -$3,267,6632016Revenue 2017: $78,064,469Expenses 2017: $79,682,883Net Income 2017: -$1,618,4142017Revenue 2018: $71,335,506Expenses 2018: $71,292,353Net Income 2018: $43,1532018Revenue 2019: $64,891,224Expenses 2019: $67,000,656Net Income 2019: -$2,109,4322019Revenue 2020: $62,662,906Expenses 2020: $63,047,129Net Income 2020: -$384,2232020Revenue 2021: $64,742,890Expenses 2021: $64,093,272Net Income 2021: $649,6182021Revenue 2022: $71,408,411Expenses 2022: $73,757,841Net Income 2022: -$2,349,4302022Revenue 2023: $81,073,939Expenses 2023: $81,069,228Net Income 2023: $4,7112023Revenue 2024: $73,661,034Expenses 2024: $74,924,766Net Income 2024: -$1,263,7322024

Highlighted filing

2021

Revenue$64,742,890
Expenses$64,093,272
Net Income$649,618
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Sep 1, 2020 to Aug 31, 2021
Signed
Mar 11, 2022
Return Version
2020v4.2
Gross Receipts
$64,799,325
Mission and Program Overview

Mission

To facilitate research and development within the Texas A&M University System and selected other entities.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Other Securities$8,639,520$8,711,800▲ $72,280
Accounts Receivable$1,647,712$3,863,209▲ $2,215,497
Land, Buildings, and Equipment, Net$3,917,703$3,339,903▼ $577,800
Savings and Temporary Cash Investments$2,145,313$1,553,740▼ $591,573
Investments in Publicly Traded Securities$64,258$131,071▲ $66,813
Prepaid Expenses and Deferred Charges$96,402$52,037▼ $44,365
Total Assets$16,510,908$17,651,760▲ $1,140,852
Liabilities
Accounts Payable and Accrued Expenses$5,115,097$5,759,380▲ $644,283
Deferred Revenue$453,836$300,787▼ $153,049
Total Liabilities$5,568,933$6,060,167▲ $491,234
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$10,806,898$11,380,025▲ $573,127
Net Assets With Donor Restrictions$135,077$211,568▲ $76,491
Total Net Assets Fund Balance$10,941,975$11,591,593▲ $649,618
Total Liabilities and Net Assets / Fund Balance$16,510,908$17,651,760▲ $1,140,852

Asset Categories

AssetBook ValueDepreciationBasis
Equipment$2,769,501$16,018,068$18,787,569
Buildings$487,745$1,682,818$2,170,563
Land$82,657-$82,657
Other Land Buildings$0$5,000$5,000
Other Securities$8,631,304--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2020$70,819-▲ $9,678-$80,497
2019$70,444-▲ $375-$70,819
2018$71,942-▼ $1,498-$70,444
2017$72,084-▼ $142-$71,942
2016$69,295-▲ $2,789-$72,084
Compensation and Service Providers
Top Officer Pay6th percentile

Board Members and Trustees

NameTitle
Joe ElabdDirector - Chairman of the Board
Jon MogfordDirector-chairman of the Board
Jack BaldaufPresident & CEO
Mark BarteauPresident & CEO
Dana ThomasVice President, CFO and Treasurer
Steven GarrettVice President, General Counsel & Corporate Secret
Kristi BillingerVice-President, Chief Operating Officer
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$63,305,320
Investment Income
$37,209
Other Revenue
$1,400,361
Change in Net Assets
$649,618

Audited Revenue Reconciliation

Revenue per Audited Statements
$64,799,325
Revenue Not Reported on Financial Statements
$-56,435
Revenue Not Reported on Form 990
$0
Other Revenue Adjustments
$-56,435
Total Revenue per Audited Statements
$64,799,325
Total Revenue per Form 990
$64,742,890
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$54,804,206
Salaries, Compensation, and Employee Benefits$9,289,066
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$42,128,108$78,970-$42,207,078
Other Salaries and Wages$9,289,142$-76-$9,289,066
Depreciation Depletion$1,139,339--$1,139,339
Other Expenses$661,833$4,096-$661,833
All Other Expenses$494,393$2,737-$497,130
Travel$442,313--$442,313
Fees for Services Accounting-$60,150-$60,150
Interest-$28,978-$28,978
Fees for Services Legal-$339-$339
Total Functional Expenses$64,432,797$-339,525$0$64,093,272

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$64,149,707
Expenses per Audited Statements$64,093,272
Total Expenses per Form 990$64,093,272
Expenses Not Reported on Form 990$56,435
Expenses Not Reported on Financial Statements$0
International Activity

International Summary

Offices
0
Employees
3
Spending
$36,846,953

International Compliance

Activity in boycott countries
No
Foreign corporation ownership
No
Foreign partnership interest
No
Interest in foreign trust
No
Passive foreign investment company interest
No
Transfers to foreign corporations
No

International Activities

RegionActivityServicesOfficesEmployeesSpending
EuropeProgram ServicesResearch01$36,813,695
North AmericaProgram ServicesResearch01$29,100
Sub-Saharan AfricaProgram ServicesResearch01$4,158
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
No
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, line 7A

“There are three members of the Board consisting of the Interim Vice Chancellor for Research, TAMU, the President and CEO of the Foundation and the Interim Vice President for Research, TAMUS, and the Vice President and COO of the Foundation and the Executive Director for Sponsored Research Services, TAMU.”

Form 990, Part VI, Section B, line 11B

“Copies of the Form 990 are provided to the Board. The Board reviews the form and discusses it with the CPAs responsible for preparing the return.”

Form 990, Part VI, Section B, line 12C

“New trustees, officers, and key personnel must complete and sign the conflict of interest disclosure form. Any change in circumstances that alters the information on a form that was previously submitted must be reported in a timely fashion. At a minimum, each trustee, officer, or key person must submit a new or updated form (with signature) each year. All completed and signed forms are retained by the Corporate Secretary. The Corporate Secretary monitors COI form submissions to verify that all required persons have a current COI form on file. All board and board committee meeting agenda items are reviewed against known conflicts of interest disclosed by board or committee members. Where a conflict of interest has been identified, such member must recuse himself or herself from discussions or voting on the matter, or may be asked to leave the room while the matter is being discussed or voted. All negotiators, buyers, proposal/project administrators are informed of organizations that may be involved in a conflict of interest and must get management approval for any proposed transaction with such organizations.”

Form 990, Part VI, Section B, line 15

“The CEO, as well as all officers, receives zero compensation from the Foundation as each is employed by either Texas A&M University or the Texas A&M University System.”

Form 990, Part VI, Section C, line 19

“The financials and governing documents can be reviewed on the Foundation's website. The conflict of interest policy is available upon request.”

Filing and Contact Details

Filer

Filer Name
Texas A&m Research Foundation
EIN
74-1238434
Phone
9798458600
Address
400 HARVEY MITCHELL PKWY S No 300, COLLEGE STATION, TX 77845

Signing Officer

Name
Dr Jack G Baldauf
Title
President & CEO
Phone
9798458600
Signed
2022-03-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Dr Jack G Baldauf
Formed
1944
Legal Domicile
TX
Voting Board Members
3
Independent Board Members
0
Employees
0
Volunteers
0

Preparer

Firm
Ingram Wallis & Company PC
Address
2100 East Villa Maria Rd Ste 100, Bryan, TX 77802
Preparer
James D Ingram IV
Phone
9797762600
Supplemental Narrative

Additional Explanations

Form 990, Part IX, line 11G

“OTHER PROFESSIONAL FEES & SERVICES: Program service expenses 42,128,108. Management and general expenses 78,970. Fundraising expenses 0. Total expenses 42,207,078.”

Financial Statement Notes

Part X, Line 2:

“The Foundation is a tax-exempt non-profit organization under Internal Revenue Code Section 501(c)(3) for federal income taxes. Therefore, no provision or liability for federal income taxes has been included in the financial statements. The Foundation believes that its tax position regarding its status as a tax-exempt organization will remain significantly unchanged within the next twelve months. While the Foundation is not aware of any tax examinations being conducted, tax years 2018 - 2020 remain subject to examination by the United States Internal Revenue Service.”

Part XI, Line 4B - Other Adjustments:

“Basis of Disposed Equipment -56,435.”

Part XII, Line 2D - Other Adjustments:

“Basis of Disposed Equipment 56,435.”

Raw XML AppendixShowing 400 of 496 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/OtherExpensesGrp/Desc2MATERIALS & SUPPLIES
IRS990/OtherExpensesGrp/Desc3REPAIRS & MAINTENANCE
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0-514729
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt110
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt24096
IRS990/OtherExpensesGrp/ProgramServicesAmt05748349
IRS990/OtherExpensesGrp/ProgramServicesAmt12347362
IRS990/OtherExpensesGrp/ProgramServicesAmt22181958
IRS990/OtherExpensesGrp/ProgramServicesAmt3661833
IRS990/OtherExpensesGrp/TotalAmt05233620
IRS990/OtherExpensesGrp/TotalAmt12347372
IRS990/OtherExpensesGrp/TotalAmt22186054
IRS990/OtherExpensesGrp/TotalAmt3661833
IRS990/OtherRevenueMiscGrp/BusinessCd0541900
IRS990/OtherRevenueMiscGrp/BusinessCd1541900
IRS990/OtherRevenueMiscGrp/BusinessCd2541900
IRS990/OtherRevenueMiscGrp/Desc0NET GAIN ON SALE OF INVESTMENTS
IRS990/OtherRevenueMiscGrp/Desc1NET UNREALIZED GAIN ON INVESTMENT
IRS990/OtherRevenueMiscGrp/Desc2OTHER REVENUE
IRS990/OtherRevenueMiscGrp/ExclusionAmt0761008
IRS990/OtherRevenueMiscGrp/ExclusionAmt1615043
IRS990/OtherRevenueMiscGrp/ExclusionAmt223902
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt0761008
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt1615043
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt223902
IRS990/OtherRevenueTotalAmt01400361
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt0-76
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt09289142
IRS990/OtherSalariesAndWagesGrp/TotalAmt09289066
IRS990/OtherWebsiteInd0X
IRS990/PartialLiquidationInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt096402
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt052037
IRS990/PrincipalOfficerNm0DR JACK G BALDAUF
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0541900
IRS990/ProgramServiceRevenueGrp/Desc0REV SPONSORED RESEARCH
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt063305320
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt063305320
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt00
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt0-11694
IRS990/PYOtherExpensesAmt054390678
IRS990/PYOtherRevenueAmt01032025
IRS990/PYProgramServiceRevenueAmt061642575
IRS990/PYRevenuesLessExpensesAmt0-384223
IRS990/PYSalariesCompEmpBnftPaidAmt08656451
IRS990/PYTotalExpensesAmt063047129
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt062662906
IRS990/QuidProQuoContributionsInd00
IRS990/ReconcilationRevenueExpnssAmt0649618
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd00
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd01
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd00
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt063250319
IRS990/SavingsAndTempCashInvstGrp/BOYAmt02145313
IRS990/SavingsAndTempCashInvstGrp/EOYAmt01553740
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt01492571
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt01175829
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt0279293
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt0599261
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt0684325
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt04231279
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt063305320
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt061642575
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt064726057
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt070594651
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt077447957
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0337716560
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt01492571
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt01175829
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt0279293
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0599261
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt0684325
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt04231279
IRS990ScheduleA/InvestmentIncomeCYPct00.01240
IRS990ScheduleA/InvestmentIncomePYPct00.00870
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.98760
IRS990ScheduleA/PublicSupportPY509Pct00.99130
IRS990ScheduleA/PublicSupportTotal509Amt0337716560
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt063305320
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt061642575
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt064726057
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt070594651
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt077447957
IRS990ScheduleA/Total509Grp/TotalAmt0337716560
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt064797891
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt062818404
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt065005350
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt071193912
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt078132282
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt0341947839
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BuildingsGrp/BookValueAmt0487745
IRS990ScheduleD/BuildingsGrp/DepreciationAmt01682818
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt02170563
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt070819
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt080497
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt09678
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt070444
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt070819
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0375
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt071942
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt070444
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-1498
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt072084
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt071942
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-142
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt069295
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt072084
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt02789
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd00
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd00
IRS990ScheduleD/EquipmentGrp/BookValueAmt02769501
IRS990ScheduleD/EquipmentGrp/DepreciationAmt016018068
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt018787569
IRS990ScheduleD/ExpensesNotReportedAmt056435
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt064093272
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt082657
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt082657
IRS990ScheduleD/OtherExpensesIncludedAmt056435
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt00
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt05000
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt05000
IRS990ScheduleD/OtherRevenuesNotIncludedAmt0-56435
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt080496
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt18631304
IRS990ScheduleD/OtherSecuritiesGrp/Desc0Investment in Mutual Funds
IRS990ScheduleD/OtherSecuritiesGrp/Desc1ASSETS HELD BY TAMU SYSTEM OFFICE
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0F
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd1F
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt0-56435
IRS990ScheduleD/RevenueSubtotalAmt064799325
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0The Foundation is a tax-exempt non-profit organization under Internal Revenue Code Section 501(c)(3) for federal income taxes. Therefore, no provision or liability for federal income taxes has been included in the financial statements. The Foundation believes that its tax position regarding its status as a tax-exempt organization will remain significantly unchanged within the next twelve months. While the Foundation is not aware of any tax examinations being conducted, tax years 2018 - 2020 remain subject to examination by the United States Internal Revenue Service.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1Basis of Disposed Equipment -56,435.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2Basis of Disposed Equipment 56,435.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X, Line 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1Part XI, Line 4b - Other Adjustments:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2Part XII, Line 2d - Other Adjustments:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt03339903
IRS990ScheduleD/TotalBookValueSecuritiesAmt08711800
IRS990ScheduleD/TotalExpensesPerForm990Amt064093272
IRS990ScheduleD/TotalRevenuePerForm990Amt064742890
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt064799325
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt064149707
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/EmployeeCnt01
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/EmployeeCnt11
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/EmployeeCnt21
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/OfficesCnt00
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/OfficesCnt10
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/OfficesCnt20
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt036813695
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt129100
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTotalExpendituresAmt24158
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt0Europe
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt1North America
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/RegionTxt2Sub-Saharan Africa
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/SpecificServicesProvidedTxt0Research
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/SpecificServicesProvidedTxt1Research
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/SpecificServicesProvidedTxt2Research
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt0Program Services
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt1Program Services
IRS990ScheduleF/AccountActivitiesOutsideUSGrp/TypeOfActivitiesConductedTxt2Program Services
IRS990ScheduleF/BoycottCountriesInd00
IRS990ScheduleF/ContinuationSpentAmt00
IRS990ScheduleF/ContinuationTotalEmployeeCnt00
IRS990ScheduleF/ContinuationTotalOfficeCnt00
IRS990ScheduleF/ForeignCorpOwnershipInd00
IRS990ScheduleF/ForeignPartnershipInd00
IRS990ScheduleF/InterestInForeignTrustInd00
IRS990ScheduleF/PassiveForeignInvestmestCoInd00
IRS990ScheduleF/SubtotalEmployeesCnt03
IRS990ScheduleF/SubtotalOfficesCnt00
IRS990ScheduleF/SubtotalSpentAmt036846953
IRS990ScheduleF/SupplementalInformationDetail/ExplanationTxt0EXPENDITURE RECORDS AND REPORTING - THE RF IS NOT A GRANTMAKER, AND WHILE IT DOES NOT MAKE GRANTS TO FOREIGN ORGANIZATIONS OR TO FOREIGN INDIVIDUALS, IT DOES ADMINISTER GRANTS, CONTRACTS AND OTHER SPONSORED PROGRAMS FUNDED BY OTHERS, INCLUDING GRANTS WITH ACTIVITY IN FOREIGN COUNTRIES. THE RF COMPLIES WITH SPONSOR REQUIREMENTS AS WELL AS 2 CFR CHAPTER II, PART 200 IN ITS COSTING, ADMINISTRATION, AND RECORD-KEEPING PRACTICES INCLUDING RECORDS OF ALL DISBURSEMENTS AND REPORTS ON THE USAGE OF THE SPONSORS' FUNDS.
IRS990ScheduleF/SupplementalInformationDetail/FormAndLineReferenceDesc0Part III Accounting Method:
IRS990ScheduleF/SupplementalInformationDetail/FormAndLineReferenceDesc1SCHEDULE F, PART 1, LINE 2
IRS990ScheduleF/TotalEmployeeCnt03
IRS990ScheduleF/TotalOfficeCnt00
IRS990ScheduleF/TotalSpentAmt036846953
IRS990ScheduleF/TransferToForeignCorpInd00
IRS990/ScheduleJRequiredInd00
IRS990/ScheduleORequiredInd01

Document Assets

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Filings

Displayed year

2021 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$17,651,760
Liabilities
$6,060,167
Net assets
$11,591,593
Revenue
$64,742,890
Expenses
$64,093,272
Net income
$649,618
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$14.4$6.43$7.98$73.7$74.9$1.26
2023Detailed filing. Detailed filing data is available for this year.$17.2$7.95$9.25$81.1$81.1$0.00
2022Detailed filing. Detailed filing data is available for this year.$14.3$5.09$9.24$71.4$73.8$2.35
2021Detailed filing. Detailed filing data is available for this year.$17.7$6.06$11.6$64.7$64.1$0.65
2020Detailed filing. Detailed filing data is available for this year.$16.5$5.57$10.9$62.7$63.0$0.38
2019Detailed filing. Detailed filing data is available for this year.$16.0$4.70$11.3$64.9$67.0$2.11
2018Detailed filing. Detailed filing data is available for this year.$19.3$6.35$12.9$71.3$71.3$0.04
2017Detailed filing. Detailed filing data is available for this year.$18.6$5.73$12.9$78.1$79.7$1.62
2016Detailed filing. Detailed filing data is available for this year.$21.6$8.54$13.0$84.2$87.5$3.27
2015Detailed filing. Detailed filing data is available for this year.$26.7$10.4$16.3$105$106$0.77
2014Detailed filing. Detailed filing data is available for this year.$31.2$14.1$17.1$121$124$3.50
2013Summary only. Only limited summary data is available for this year.$44.1$23.6$20.6$174$174$0.44
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$52.8$32.6$20.1$198
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$57.0$34.9$22.1$231
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$56.8$37.8$19.0$220