Liabilities / Assets
93rd percentile
Higher debt load relative to assets than 93% of similar nonprofits.
Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.
Liabilities / Assets
93rd percentile
Higher debt load relative to assets than 93% of similar nonprofits.
Liabilities / Revenue
Score unavailable
Liabilities-to-revenue requires both liabilities and revenue on this filing.
Net Margin
Score unavailable
Net margin requires both revenue and expenses on this filing.
Top Officer Pay
8th percentile
Higher top officer pay than 8% of similar nonprofits.
Asset Growth
99th percentile
Faster asset growth than 99% of similar nonprofits.
Revenue Growth
1st percentile
Faster revenue growth than 1% of similar nonprofits.
Assets
Up$49,312,511
Up $38,322,397 (+349%) from 2019
Net Assets
Down$334,831
Down $15,868 (-4.5%) from 2019
Liabilities
Up$48,977,680
Up $38,338,265 (+360%) from 2019
Revenue
Down$0
Down $352,019 (-100%) from 2019
Expenses
Down$15,867
Down $8,303 (-34%) from 2019
Net Income
Down-$15,867
Down $343,716 (-105%) from 2019
To support ut austin by providing: strategic advice to the president, including but not limited to expertise in the acquisition, development, and dispositions of real property; real estate market data and trend information; relationships with financial institutions, developers, construction companies and other real estate professionals.
To Support The University of Texas at Austin
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Land, Buildings, and Equipment, Net | $10,599,481 | $49,151,883 | ▲ $38,552,402 |
| Cash and Non-Interest-Bearing Accounts | $357,836 | $160,628 | ▼ $197,208 |
| Loans From Officers Directors | $100,000 | $100,000 | → $0 |
| Total Assets | $10,990,114 | $49,312,511 | ▲ $38,322,397 |
| Other Assets Total | $32,797 | - | - |
| Liabilities | |||
| Deferred Revenue | $8,459,715 | $41,059,964 | ▲ $32,600,249 |
| Accounts Payable and Accrued Expenses | $1,828,046 | $7,147,299 | ▲ $5,319,253 |
| Mortgage Notes Payable Secured by Investment Property | $251,654 | $670,417 | ▲ $418,763 |
| Total Liabilities | $10,639,415 | $48,977,680 | ▲ $38,338,265 |
| Net Assets / Fund Balance | |||
| Net Assets Without Donor Restrictions | $350,699 | $334,831 | ▼ $15,868 |
| Total Net Assets Fund Balance | $350,699 | $334,831 | ▼ $15,868 |
| Total Liabilities and Net Assets / Fund Balance | $10,990,114 | $49,312,511 | ▲ $38,322,397 |
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Other Land Buildings | $49,151,883 | - | $49,151,883 |
| Name | Title |
|---|---|
| Sanford L Gottesman | President |
| Jeremy Smitheal | Vice President |
| Nancy Brazzil | Secretary/Treasurer |
| Contractor | Services | Location | Compensation |
|---|---|---|---|
| ZapalacReed Construction Co LP | Construction | 13215 Bee Cave Parkway Bldg A Suit, Bee Cave, TX 78738 | $30,865,466 |
| Garza EMC | Engineering Services | 7708 Rialto Boulevard Suite 125, Austin, TX 78735 | $441,430 |
| Layton B Wilson Company | Project Management Fees | 1303 San Antonio St, Austin, TX 78701 | $250,809 |
| Terracon Consultants Inc | Material Testing | 5307 Industrial Oaks Blvd Suite 1, Austin, TX 78735 | $149,049 |
| Brailsford & Dunlavey Inc | Professional Services | 1140 Connecticut Ave NW 400, Washington, TX 20036 | $127,359 |
| Line Item | Amount |
|---|---|
| Other Expenses | $15,867 |
| Grants and Similar Amounts Paid | $0 |
| Professional Fundraising Fees | $0 |
| Salaries, Compensation, and Employee Benefits | $0 |
| Total Fundraising Expense | $0 |
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Insurance | - | $15,867 | - | $15,867 |
| Total Functional Expenses | $0 | $15,867 | $0 | $15,867 |
| Line Item | Amount |
|---|---|
| Total Expenses per Audited Statements | $15,868 |
| Expenses per Audited Statements | $15,867 |
| Total Expenses per Form 990 | $15,867 |
| Expenses Not Reported on Form 990 | $1 |
| Expenses Not Reported on Financial Statements | $0 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
| Line Item | Beginning | End | Change |
|---|---|---|---|
| Loans from Officers, Directors, Trustees, and Key Employees | $100,000 | $100,000 | → $0 |
“Sanford gottesman and jerry smitheal are partners in an unrelated business venture.”
“One of the members of the board of directors will be appointed by the president of ut.”
“The board will review the form 990 before filing.”
“Each director, prinicipal 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.”
“The organization makes certain documents available upon request.”
“Rounding -1.”
“THE AUDITED FINANCIALS ARE FOR THE PERIOD OF January 1, 2020 TO DECEMBER 31, 2020.”
“Rounding 1.”
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
| Path | # | Value |
|---|---|---|
| IRS990/AccountantCompileOrReviewInd | 0 | 0 |
| IRS990/AccountsPayableAccrExpnssGrp/BOYAmt | 0 | 1828046 |
| IRS990/AccountsPayableAccrExpnssGrp/EOYAmt | 0 | 7147299 |
| IRS990/ActivitiesConductedPrtshpInd | 0 | 0 |
| IRS990/ActivityOrMissionDesc | 0 | To Support The University of Texas at Austin |
| IRS990/AnnualDisclosureCoveredPrsnInd | 0 | 1 |
| IRS990/AuditCommitteeInd | 0 | 0 |
| IRS990/BooksInCareOfDetail/PersonNm | 0 | Sanford Gottesman |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 5123813001 |
| IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 2500 Bee Cave Road Bldg 2 Suite 150 |
| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | Austin |
| IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | TX |
| IRS990/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 78746 |
| IRS990/BusinessRlnWith35CtrlEntInd | 0 | 0 |
| IRS990/BusinessRlnWithFamMemInd | 0 | 0 |
| IRS990/BusinessRlnWithOrgMemInd | 0 | 0 |
| IRS990/CashNonInterestBearingGrp/BOYAmt | 0 | 357836 |
| IRS990/CashNonInterestBearingGrp/EOYAmt | 0 | 160628 |
| IRS990/ChangeToOrgDocumentsInd | 0 | 0 |
| IRS990/CntrctRcvdGreaterThan100KCnt | 0 | 5 |
| IRS990/CollectionsOfArtInd | 0 | 0 |
| IRS990/CompensationFromOtherSrcsInd | 0 | 0 |
| IRS990/CompensationProcessCEOInd | 0 | 0 |
| IRS990/CompensationProcessOtherInd | 0 | 0 |
| IRS990/ConflictOfInterestPolicyInd | 0 | 1 |
| IRS990/ConservationEasementsInd | 0 | 0 |
| IRS990/ConsolidatedAuditFinclStmtInd | 0 | 0 |
| IRS990/ContractorCompensationGrp/CompensationAmt | 0 | 30865466 |
| IRS990/ContractorCompensationGrp/CompensationAmt | 1 | 441430 |
| IRS990/ContractorCompensationGrp/CompensationAmt | 2 | 250809 |
| IRS990/ContractorCompensationGrp/CompensationAmt | 3 | 149049 |
| IRS990/ContractorCompensationGrp/CompensationAmt | 4 | 127359 |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt | 0 | 13215 Bee Cave Parkway Bldg A Suit |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt | 1 | 7708 Rialto Boulevard Suite 125 |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt | 2 | 1303 San Antonio St |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt | 3 | 5307 Industrial Oaks Blvd Suite 1 |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt | 4 | 1140 Connecticut Ave NW 400 |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm | 0 | Bee Cave |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm | 1 | Austin |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm | 2 | Austin |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm | 3 | Austin |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm | 4 | Washington |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd | 0 | TX |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd | 1 | TX |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd | 2 | TX |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd | 3 | TX |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd | 4 | TX |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd | 0 | 78738 |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd | 1 | 78735 |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd | 2 | 78701 |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd | 3 | 78735 |
| IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd | 4 | 20036 |
| IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt | 0 | ZapalacReed Construction Co LP |
| IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt | 1 | Garza EMC |
| IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt | 2 | Layton B Wilson Company |
| IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt | 3 | Terracon Consultants Inc |
| IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt | 4 | Brailsford & Dunlavey Inc |
| IRS990/ContractorCompensationGrp/ServicesDesc | 0 | Construction |
| IRS990/ContractorCompensationGrp/ServicesDesc | 1 | Engineering Services |
| IRS990/ContractorCompensationGrp/ServicesDesc | 2 | Project Management Fees |
| IRS990/ContractorCompensationGrp/ServicesDesc | 3 | Material Testing |
| IRS990/ContractorCompensationGrp/ServicesDesc | 4 | Professional Services |
| IRS990/CreditCounselingInd | 0 | 0 |
| IRS990/CYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/CYContributionsGrantsAmt | 0 | 0 |
| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/CYInvestmentIncomeAmt | 0 | 0 |
| IRS990/CYOtherExpensesAmt | 0 | 15867 |
| IRS990/CYOtherRevenueAmt | 0 | 0 |
| IRS990/CYProgramServiceRevenueAmt | 0 | 0 |
| IRS990/CYRevenuesLessExpensesAmt | 0 | -15867 |
| IRS990/CYSalariesCompEmpBnftPaidAmt | 0 | 0 |
| IRS990/CYTotalExpensesAmt | 0 | 15867 |
| IRS990/CYTotalFundraisingExpenseAmt | 0 | 0 |
| IRS990/CYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/CYTotalRevenueAmt | 0 | 0 |
| IRS990/DecisionsSubjectToApprovaInd | 0 | 0 |
| IRS990/DeductibleArtContributionInd | 0 | 0 |
| IRS990/DeductibleNonCashContriInd | 0 | 0 |
| IRS990/DeferredRevenueGrp/BOYAmt | 0 | 8459715 |
| IRS990/DeferredRevenueGrp/EOYAmt | 0 | 41059964 |
| IRS990/DelegationOfMgmtDutiesInd | 0 | 0 |
| IRS990/Desc | 0 | SUPPORT 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. |
| IRS990/DescribedInSection501c3Ind | 0 | 1 |
| IRS990/DisregardedEntityInd | 0 | 0 |
| IRS990/DocumentRetentionPolicyInd | 0 | 0 |
| IRS990/DonorAdvisedFundInd | 0 | 0 |
| IRS990/DonorRstrOrQuasiEndowmentsInd | 0 | 0 |
| IRS990/ElectionOfBoardMembersInd | 0 | 1 |
| IRS990/EmployeeCnt | 0 | 0 |
| IRS990/EngagedInExcessBenefitTransInd | 0 | 0 |
| IRS990/FamilyOrBusinessRlnInd | 0 | 1 |
| IRS990/FederalGrantAuditRequiredInd | 0 | 0 |
| IRS990/ForeignActivitiesInd | 0 | 0 |
| IRS990/ForeignFinancialAccountInd | 0 | 0 |
| IRS990/ForeignOfficeInd | 0 | 0 |
| IRS990/Form8282PropertyDisposedOfInd | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 0 | 30.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 1 | 15.00 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 2 | 3.00 |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 0 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 1 | X |
| IRS990/Form990PartVIISectionAGrp/OfficerInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 0 | Sanford L Gottesman |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 1 | Jeremy Smitheal |
| IRS990/Form990PartVIISectionAGrp/PersonNm | 2 | Nancy Brazzil |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 0 | President |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 1 | Vice President |
| IRS990/Form990PartVIISectionAGrp/TitleTxt | 2 | Secretary/Treasurer |
| IRS990/Form990ProvidedToGvrnBodyInd | 0 | 1 |
| IRS990/FormationYr | 0 | 2017 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | 0 |
| IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd | 0 | X |
| IRS990/FSAuditedInd | 0 | 1 |
| IRS990/FundraisingActivitiesInd | 0 | 0 |
| IRS990/GamingActivitiesInd | 0 | 0 |
| IRS990/GoverningBodyVotingMembersCnt | 0 | 3 |
| IRS990/GrantsToIndividualsInd | 0 | 0 |
| IRS990/GrantsToOrganizationsInd | 0 | 0 |
| IRS990/GrantToRelatedPersonInd | 0 | 0 |
| IRS990/GrossReceiptsAmt | 0 | 0 |
| IRS990/GroupReturnForAffiliatesInd | 0 | 0 |
| IRS990/IncludeFIN48FootnoteInd | 0 | 0 |
| IRS990/IndependentAuditFinclStmtInd | 0 | 1 |
| IRS990/IndependentVotingMemberCnt | 0 | 3 |
| IRS990/IndivRcvdGreaterThan100KCnt | 0 | 0 |
| IRS990/IndoorTanningServicesInd | 0 | 0 |
| IRS990/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990/InfoInScheduleOPartVIInd | 0 | X |
| IRS990/InfoInScheduleOPartXIIInd | 0 | X |
| IRS990/InfoInScheduleOPartXIInd | 0 | X |
| IRS990/InsuranceGrp/ManagementAndGeneralAmt | 0 | 15867 |
| IRS990/InsuranceGrp/TotalAmt | 0 | 15867 |
| IRS990/InvestmentInJointVentureInd | 0 | 0 |
| IRS990/IRPDocumentCnt | 0 | 8 |
| IRS990/IRPDocumentW2GCnt | 0 | 0 |
| IRS990/LandBldgEquipAccumDeprecAmt | 0 | 0 |
| IRS990/LandBldgEquipBasisNetGrp/BOYAmt | 0 | 10599481 |
| IRS990/LandBldgEquipBasisNetGrp/EOYAmt | 0 | 49151883 |
| IRS990/LandBldgEquipCostOrOtherBssAmt | 0 | 49151883 |
| IRS990/LegalDomicileStateCd | 0 | TX |
| IRS990/LoanOutstandingInd | 0 | 1 |
| IRS990/LoansFromOfficersDirectorsGrp/BOYAmt | 0 | 100000 |
| IRS990/LoansFromOfficersDirectorsGrp/EOYAmt | 0 | 100000 |
| IRS990/LobbyingActivitiesInd | 0 | 0 |
| IRS990/LocalChaptersInd | 0 | 0 |
| IRS990/MaterialDiversionOrMisuseInd | 0 | 0 |
| IRS990/MembersOrStockholdersInd | 0 | 0 |
| IRS990/MethodOfAccountingAccrualInd | 0 | X |
| IRS990/MinutesOfCommitteesInd | 0 | 1 |
| IRS990/MinutesOfGoverningBodyInd | 0 | 1 |
| IRS990/MissionDesc | 0 | TO SUPPORT UT AUSTIN BY PROVIDING: STRATEGIC ADVICE TO THE PRESIDENT, INCLUDING BUT NOT LIMITED TO EXPERTISE IN THE ACQUISITION, DEVELOPMENT, AND DISPOSITIONS OF REAL PROPERTY; REAL ESTATE MARKET DATA AND TREND INFORMATION; RELATIONSHIPS WITH FINANCIAL INSTITUTIONS, DEVELOPERS, CONSTRUCTION COMPANIES AND OTHER REAL ESTATE PROFESSIONALS. |
| IRS990/MoreThan5000KToIndividualsInd | 0 | 0 |
| IRS990/MoreThan5000KToOrgInd | 0 | 0 |
| IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt | 0 | 251654 |
| IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt | 0 | 670417 |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | 350699 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | 334831 |
| IRS990/NetUnrelatedBusTxblIncmAmt | 0 | 0 |
| IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt | 0 | 350699 |
| IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt | 0 | 334831 |
| IRS990/NoListedPersonsCompensatedInd | 0 | X |
| IRS990/NondeductibleContributionsInd | 0 | 0 |
| IRS990/OfficerMailingAddressInd | 0 | 0 |
| IRS990/OperateHospitalInd | 0 | 0 |
| IRS990/Organization501c3Ind | 0 | X |
| IRS990/OrganizationFollowsFASB117Ind | 0 | X |
| IRS990/OtherAssetsTotalGrp/BOYAmt | 0 | 32797 |
| IRS990/OtherChangesInNetAssetsAmt | 0 | -1 |
| IRS990/PartialLiquidationInd | 0 | 0 |
| IRS990/PoliticalCampaignActyInd | 0 | 0 |
| IRS990/PrincipalOfficerNm | 0 | Sanford Gottesman |
| IRS990/ProfessionalFundraisingInd | 0 | 0 |
| IRS990/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990/PYBenefitsPaidToMembersAmt | 0 | 0 |
| IRS990/PYContributionsGrantsAmt | 0 | 352000 |
| IRS990/PYExcessBenefitTransInd | 0 | 0 |
| IRS990/PYGrantsAndSimilarPaidAmt | 0 | 0 |
| IRS990/PYInvestmentIncomeAmt | 0 | 0 |
| IRS990/PYOtherExpensesAmt | 0 | 24170 |
| IRS990/PYOtherRevenueAmt | 0 | 19 |
| IRS990/PYProgramServiceRevenueAmt | 0 | 0 |
| IRS990/PYRevenuesLessExpensesAmt | 0 | 327849 |
| IRS990/PYSalariesCompEmpBnftPaidAmt | 0 | 0 |
| IRS990/PYTotalExpensesAmt | 0 | 24170 |
| IRS990/PYTotalProfFndrsngExpnsAmt | 0 | 0 |
| IRS990/PYTotalRevenueAmt | 0 | 352019 |
| IRS990/QuidProQuoContributionsInd | 0 | 0 |
| IRS990/ReconcilationRevenueExpnssAmt | 0 | -15867 |
| IRS990/RegularMonitoringEnfrcInd | 0 | 1 |
| IRS990/RelatedEntityInd | 0 | 0 |
| IRS990/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990/ReportInvestmentsOtherSecInd | 0 | 0 |
| IRS990/ReportLandBuildingEquipmentInd | 0 | 1 |
| IRS990/ReportOtherAssetsInd | 0 | 0 |
| IRS990/ReportOtherLiabilitiesInd | 0 | 0 |
| IRS990/ReportProgramRelatedInvstInd | 0 | 0 |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/Contribution35ControlledInd | 0 | 0 |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionControllerInd | 0 | 0 |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionFamilyInd | 0 | 0 |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/ControlledDisqualifiedPrsnInd | 0 | 0 |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnControllIntInd | 0 | 0 |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd | 0 | 0 |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/ExcessBusinessHoldingsRulesInd | 0 | 0 |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/ListedByNameGoverningDocInd | 0 | 1 |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/LoanDisqualifiedPersonInd | 0 | 0 |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/OrganizationChangeSuprtOrgInd | 0 | 0 |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/PaymentSubstantialContribtrInd | 0 | 0 |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgNotOrganizedUSInd | 0 | 0 |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgSectionC456Ind | 0 | 0 |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd | 0 | 0 |
| IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd | 0 | 0 |
| IRS990ScheduleA/Form990SchAType3FuncIntGrp/ActivitiesEngagedOrgInvlmntInd | 0 | 1 |
| IRS990ScheduleA/Form990SchAType3FuncIntGrp/ActivitiesFurtherExemptPrpsInd | 0 | 1 |
| IRS990ScheduleA/Form990SchAType3FuncIntGrp/ActivitiesTestInd | 0 | X |
| IRS990ScheduleA/Form990SchAType3FuncIntGrp/GovernmentalEntityInd | 0 | X |
| IRS990ScheduleA/Form990SchAType3SprtOrgAllGrp/OfficersCloseRelationshipInd | 0 | 1 |
| IRS990ScheduleA/Form990SchAType3SprtOrgAllGrp/SupportedOrgVoiceInvestmentInd | 0 | 1 |
| IRS990ScheduleA/Form990SchAType3SprtOrgAllGrp/TimelyProvidedDocumentsInd | 0 | 1 |
| IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt | 0 | SECTION 6.10 OF THE BYLAWS PROVIDES THAT "IN THE EVENT THAT THE BOARD OF DIRECTORS MAKES ANY DECISION REGARDING ANY INVESTMENT POLICIES OF THE CORPORATION, GRANTS OR SCHOLARSHIPS, SUCH DECISION MUST BE APPROVED WITH PRIOR WRITTEN CONSENT OF THE PRESIDENT OF UT. FURTHERMORE, IN DIRECTING THE USE OF THE INCOME OR ASSETS OF THE CORPORATION, SUCH DECISION MUST BE MADE WITH THE UNANIMOUS CONSENT OF THE BOARD OF DIRECTORS." |
| IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt | 1 | PURSUANT TO ARTICLE V OF THE CERTIFICATE OF FORMATION, THE PURPOSE OF THE FOUNDATION IS TO "OPERATED EXCLUSIVELY FOR THE BENEFIT OF THE UNIVERSITY OF TEXAS AT AUSTIN ("UT"), AND WILL BE OPERATED IN CONNECTION WITH UT WITHIN THE MEANING OF SECTION 509(A)(3) OF THE CODE AND SUBSTANTIALLY ALL OF THE ACTIVITIES OF THE FOUNDATION WILL DIRECTLY FURTHER THE EXEMPT PURPOSES OF UT AND/OR SUPPORT A GOVERNMENTAL SUPPORTED ORGANIZATION WITHIN THE MEANING OF TREASURY REGULATION SECTION 1.509(A)-4(I)(4)." ACCORDINGLY, THE FOUNDATION SUPPORTS UT AUSTIN. |
| IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt | 2 | THE FOUNDATION DIRECTLY FURTHER THE EXEMPT PURPOSES OF UT AUSTIN TO WHICH THE FOUNDATION IS RESPONSIVE BY PERFORMING THE FUNCTIONS OF, OR CARRYING OUT THE PURPOSES OF, UT AUSTIN; AND, BUT FOR THE INVOLVEMENT OF THE FOUNDATION, WOULD NORMALLY BE ENGAGED IN BY UT AUSTIN. FURTHER, TREAS. REG. SECTION 1.509(A)-4(I)(4)(II) CLARIFIES WHAT IS MEANT BY "DIRECTLY FURTHER AND PROVIDES HOLDING TITLE TO AND MANAGING EXEMPT USE ASSETS ARE ACTIVITIES THAT DIRECTLY FURTHER THE EXEMPT PURPOSES OF THE SUPPORTED ORGANIZATION. IN THIS CASE, THE FOUNDATION WILL BE HOLDING TITLE TO AND IMPROVING PROPERTY THAT WILL BE USED BY UT AUSTIN TO FURTHER THEIR EXEMPT PURPOSE. |
| IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt | 3 | THE "BUT FOR TEST" OF TREAS. REG. 1.509(A)-4(II)(A)(2) IS MET, BECAUSE IF THE FOUNDATION DID NOT DEVELOP THE OFFICE BUILDING, UT AUSTIN WOULD HAVE TO BUILD AN OFFICE BUILDING TO HOUSE ADMINISTRATIVE PERSONNEL FOR ITS MEDICAL SCHOOL AND WOULD BE HOLDING TITLE TO THE BUILDING IF THE FOUNDATION WAS NOT. THEREFORE, THE "BUT FOR TEST" OF TREAS. REG. 1.509(A)-4(II)(A)(2) IS MET. |
| IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc | 0 | Part IV, Section D, Line 3 |
| IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc | 1 | PART IV, SECTION E, LINE 1C |
| IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc | 2 | PART IV, SECTION E, LINE 2A |
| IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc | 3 | PART IV, SECTION E, LINE 2B |
| IRS990ScheduleA/IRSWrittenDeterminationInd | 0 | X |
| IRS990ScheduleA/OtherSupportSumAmt | 0 | 0 |
| IRS990ScheduleA/SupportedOrganizationsCnt | 0 | 1 |
| IRS990ScheduleA/SupportedOrganizationsTotalCnt | 0 | 1 |
| IRS990ScheduleA/SupportedOrgInformationGrp/EIN | 0 | 746000203 |
| IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd | 0 | 1 |
| IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd | 0 | 5 |
| IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt | 0 | 0 |
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| IRS990ScheduleA/SupportedOrgInformationGrp/SupportedOrganizationName/BusinessNameLine1Txt | 0 | The University of Texas At Austin |
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| IRS990ScheduleD/ExpensesSubtotalAmt | 0 | 15867 |
| IRS990ScheduleD/OtherExpensesIncludedAmt | 0 | 1 |
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| IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt | 0 | 49151883 |
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| IRS990ScheduleD/RevenueNotReportedFinclStmtAmt | 0 | 0 |
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| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 0 | Rounding 1. |
| IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Part XII, Line 2d - Other Adjustments: |
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| IRS990ScheduleD/TotalExpensesPerForm990Amt | 0 | 15867 |
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| IRS990ScheduleL/LoansBtwnOrgInterestedPrsnGrp/PersonNm | 0 | Sanford L Gottesman |
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| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | SANFORD GOTTESMAN AND JERRY SMITHEAL ARE PARTNERS IN AN UNRELATED BUSINESS VENTURE. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | ONE OF THE MEMBERS OF THE BOARD OF DIRECTORS WILL BE APPOINTED BY THE PRESIDENT OF UT. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | THE BOARD WILL REVIEW THE FORM 990 BEFORE FILING. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | EACH DIRECTOR, PRINICIPAL 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. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | THE ORGANIZATION MAKES CERTAIN DOCUMENTS AVAILABLE UPON REQUEST. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | Rounding -1. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 6 | THE AUDITED FINANCIALS ARE FOR THE PERIOD OF January 1, 2020 TO DECEMBER 31, 2020. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Form 990, Part VI, Section A, line 2 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Form 990, Part VI, Section A, line 7a |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Form 990, Part VI, Section B, line 11b |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | Form 990, Part VI, Section B, line 12c |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | Form 990, Part VI, Section C, line 19 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | Form 990, Part XI, line 9: |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 6 | Form 990, Part XII, Line 2c: |
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| IRS990/SignificantChangeInd | 0 | 0 |
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| IRS990/SubjectToProxyTaxInd | 0 | 0 |
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| IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt | 0 | 0 |
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| IRS990/TotalLiabilitiesEOYAmt | 0 | 48977680 |
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| IRS990/TotalLiabilitiesGrp/EOYAmt | 0 | 48977680 |
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| IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt | 0 | 49312511 |
| IRS990/TotReportableCompRltdOrgAmt | 0 | 0 |
| IRS990/TrnsfrExmptNonChrtblRltdOrgInd | 0 | 0 |
| IRS990/TypeOfOrganizationCorpInd | 0 | X |
| IRS990/UnrelatedBusIncmOverLimitInd | 0 | 0 |
| IRS990/UponRequestInd | 0 | X |
| IRS990/USAddress/AddressLine1Txt | 0 | 2500 Bee Cave Road Bldg 2 Suite 150 |
| IRS990/USAddress/CityNm | 0 | Austin |
| IRS990/USAddress/StateAbbreviationCd | 0 | TX |
| IRS990/USAddress/ZIPCd | 0 | 78746 |
| IRS990/VotingMembersGoverningBodyCnt | 0 | 3 |
| IRS990/VotingMembersIndependentCnt | 0 | 3 |
| IRS990/WebsiteAddressTxt | 0 | N/A |
| IRS990/WhistleblowerPolicyInd | 0 | 1 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/AuthenticationAssuranceLevelCd | 0 | AAL1 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/IdentityAssuranceLevelCd | 0 | IAL1 |
| ReturnHeader/AdditionalFilerInformation/TrustedCustomerGrp/TrustedCustomerCd | 0 | 0 |
| ReturnHeader/BuildTS | 0 | 2022-09-23 18:48:47Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | 1 |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | Sanford Gottesman |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | President |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 5123813001 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2021-11-08 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | The 2033 Higher Education Development |
| ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt | 0 | Foundation |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | 2033 |
| ReturnHeader/Filer/EIN | 0 | 823699790 |
| ReturnHeader/Filer/PhoneNum | 0 | 5123813001 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 2500 Bee Cave Road Bldg 2 Suite 15 |
| ReturnHeader/Filer/USAddress/CityNm | 0 | Austin |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | TX |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 78746 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 741769118 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | Briggs & Veselka Co LLP |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 901 S Mopac Expy Bldg II Suite 450 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | Austin |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | TX |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 78746 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 5124808182 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | Keith-Ann Steed |
| ReturnHeader/ReturnTs | 0 | 2021-11-11T09:35:12-06:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990 |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonFirstNm | 0 | Sanford |
| ReturnHeader/SigningOfficerGrp/PersonFullName/PersonLastNm | 0 | Gottesman |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2020-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2020-12-31 |
| ReturnHeader/TaxYr | 0 | 2020 |
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Displayed year
2020 • Form 990Detailed filing. Detailed filing data is available for this year.