2024-07-08T14:02:01-05:00 2023-08-31 750882037 BOLINGER SEGARS GILBERT AND MOSS LLP 8215 NASHVILLE AVENUE LUBBOCK TX 79423 990 2022-09-01 756043842 TEXAS TECH FOUNDATION INC TEXA 8067429000 PO BOX 45025 LUBBOCK TX 79409 PATRICK KRAMER CHIEF EXECUTIVE OFFICER 8067429000 2024-07-08 1 PATRICK KRAMER 999009999 1 MATT R WILLIS P00419741 8067473806 2024-07-08 X 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z PATRICK KRAMER PO BOX 45025 LUBBOCK TX 79409 138863373 0 X WWW.GIVE2TECH.COM/FOUNDATION X 1939 TX ACCEPTANCE, INVESTMENT, AND DISTRIBUTION OF GIFTS FOR THE BENEFIT OF THE TTU SYSTEM. 35 35 0 50 0 0 116183868 99440061 0 0 8914426 10402526 238678 305691 125336972 110148278 95045254 94571903 0 0 0 0 0 0 398511 1767876 2435731 96813130 97007634 28523842 13140644 849587948 890446404 4223248 4801636 845364700 885644768 X SEE SCHEDULE O. 0 0 93821903 93821903 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. 750000 750000 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. 94571903 1 1 0 1 0 0 0 0 0 1 1 1 0 0 0 0 1 0 0 0 0 0 0 0 1 0 0 1 0 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 0 0 0 1 0 0 0 0 0 0 0 0 1 1 1 2 0 0 0 0 0 X 35 35 0 1 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 0 0 0 AK CO FL ME MD MA MI NH OH SC TN WA WV X TEXAS TECH UNIVERSITY SYSTEM 8067429000 1508 KNOXVILLE AVE LUBBOCK TX 79409 PENNY HARKEY TREASURER 1.00 X X 0 369039 42160 PATRICK KRAMER CHIEF EXECUTIVE OFFICER 1.00 X X 0 349175 35403 TIM G CULP CHAIRMAN 2.00 X X 0 0 0 TIM LANCASTER VICE CHAIRMAN 3.00 X X 0 0 0 KIMBERLY C FORD SECRETARY 3.00 X X 0 0 0 STEVE GRAY DIRECTOR 1.00 X 0 0 0 J PAT HICKMAN DIRECTOR 0.25 X 0 0 0 JAMES KEFFER DIRECTOR 1.00 X 0 0 0 MICHAEL F OWEN MD DIRECTOR 5.00 X 0 0 0 JACK RENTZ DIRECTOR 1.00 X 0 0 0 JIM SKINNER DIRECTOR 2.00 X 0 0 0 BEN STRIBLING DIRECTOR 1.00 X 0 0 0 ROBERT TAYLOR JR DIRECTOR 8.00 X 0 0 0 LESLIE WARD DIRECTOR 1.00 X 0 0 0 CLAY CASH DIRECTOR 1.00 X 0 0 0 DENNIS KRUSE DIRECTOR 1.00 X 0 0 0 RANDY MORRIS DIRECTOR 2.00 X 0 0 0 CHRISTI QUINN DIRECTOR 1.50 X 0 0 0 LEA WRIGHT DIRECTOR 1.00 X 0 0 0 BRADLEY BOUMA DIRECTOR 2.00 X 0 0 0 KYLE MCGRAW DIRECTOR 1.00 X 0 0 0 HOLLAND O'NEAL DIRECTOR 0.25 X 0 0 0 BEN STRICKLING DIRECTOR 1.00 X 0 0 0 SCOTT WISNIEWSKI DIRECTOR 1.00 X 0 0 0 CHERRY WRIGHT DIRECTOR 3.00 X 0 0 0 DAVID ALDERSON DIRECTOR 1.00 X 0 0 0 WALT CATHEY DIRECTOR 1.00 X 0 0 0 ROBERT L DUNCAN DIRECTOR 1.00 X 0 0 0 THOMAS NELSON DIRECTOR 1.00 X 0 0 0 JUAN NEVAREZ DIRECTOR 2.00 X 0 0 0 BARRY STREET DIRECTOR 1.00 X 0 0 0 TIM WINN DIRECTOR 1.00 X 0 0 0 BARNEY ADAMS DIRECTOR 1.00 X 0 0 0 KATHERINE GILBREATH DIRECTOR 1.00 X 0 0 0 JOE J PARKER JR DIRECTOR 1.00 X 0 0 0 GERALD G DIXON DIRECTOR 1.00 X 0 0 0 GORDON DAVIS DIRECTOR 1.00 X 0 0 0 0 718214 77563 0 0 1 0 ZURI GROUP 328 NW BOND ST BEND OR 97703 CONSULTING & IMPLEMENTATION SERVICES 507288 BLACKBAUD PO BOX 844827 BOSTON MA 02284 SOFTWARE AS A SERVICE 168196 ANTHOLOGY OF MISSOURI 8330 WARD PKWY ST KANSAS CITY MO 64114 SOFTWARE AS A SERVICE 158335 ANTHEM EXECUTIVE 5223 NORBORNE LN STE A HOUSTON TX 77069 SERVICES - MSU PRESIDENT 125758 4 X 464612 98975449 7179418 99440061 38836813 38836813 308234 308234 4972 0 4972 4972 4972 28434287 -28434287 -28434287 -28434287 273293 464612 280808 -7515 -7515 110148278 0 0 10708217 94571903 94571903 96536 96536 221162 221162 476668 476668 350566 9228 341338 131187 115899 15288 103776 103776 498 498 48155 48155 41885 41885 91 91 66510 66510 196962 196962 RENTALS & LEASES 564610 564610 MATERIALS & SUPPLIES 65864 65864 PRINTING & REPRODUCTION 33648 33648 COMMUNICATION 21471 21471 16142 16142 97007634 94571903 2037220 398511 2948877 2261571 56745959 74948599 1582 534 6898 6898 6000 6500 2671415 66510 428049 2604905 718883401 720791160 55622495 75254882 14944687 14571355 849587948 890446404 103265 112586 4119983 4689050 4223248 4801636 X 6657145 6072036 838707555 879572732 845364700 885644768 849587948 890446404 13140644 27139424 0 X X 0 1 X 1 0 X 98513262 61661312 65222025 116183868 99440061 441020528 98513262 61661312 65222025 116183868 99440061 441020528 31644868 409375660 29894552 31774189 32571037 35648055 39150019 169037852 610058380 933594 0.67100 0.66570 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 221162 221162 96786472 97007634 1000000 250000 0 0 1000000 1000000 1500000 221162 221162 250000 250000 375000 150000 180000 221162 551162 743055718 25086925 34908992 38130032 764921603 728238846 57081957 -7451054 34814031 743055718 576940849 22437757 160601277 31741037 728238846 569518004 27872704 10357778 30807637 576940849 576097051 25402539 -2980914 29000672 569518004 0.01020 0.98940 0.00040 0 0 428049 428049 2243366 66510 2176856 2604905 70347008 F INVESTMENTS HELD BY BROKERS 4756268 F EQUITY INVESTMENTS 151606 F 75254882 143494587 27139424 5194177 1012708 33346309 110148278 0 110148278 103214519 5194177 1012708 6206885 97007634 0 97007634 PART V, LINE 4: THE ENDOWMENT FUNDS WERE ESTABLISHED TO PROVIDE FUNDS FOR THE ADMINISTRATION OF TEXAS TECH UNIVERSITY, THE TEXAS TECH UNIVERSITY HEALTH SCIENCES CENTER, ANGELO STATE UNIVERSITY AND TEXAS TECH UNIVERSITY HEALTH SCIENCES CENTER EL PASO. THE ENDOWMENT FUNDS ALSO PROVIDE SCHOLARSHIPS FOR THE STUDENTS WHO ATTEND THESE SCHOOLS. PART XI, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES REPORTED ON PART VIII LINE 8B 280,808. RED RAIDER FACILITIES FOUNDATION INCOME 731,900. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EXPENSES REPORTED ON PART VIII LINE 8B 280,808. RED RAIDER FACILITIES FOUNDATION INCOME 731,900. SPRING ROUNDUP 273027 132367 140660 8519 800 7402 PICKERING GOLF TOURNAMENT 186000 139780 46220 33196 14391 10000 25035 7 278878 192465 86413 1600 2485 16538 65354 56543 38945 737905 464612 273293 1600 2485 49734 88264 67343 71382 280808 -7515 1 TEXAS TECH UNIVERSITY SYSTEM PO BOX 41092 LUBBOCK TX 79409 756002622 STATE OF TEXAS 93821903 0 TO PROMOTE HIGHER EDUCATION BY PROVIDING FUNDS FOR SCHOLARSHIPS AND GENERAL FUNDS FOR OPERATION EXPENSES OF THE TEXAS TECH UNIVERSITY SYSTEM. PROVIDENCE INLAND NORTHWEST FOUNDATION 101 W 8TH AVE SPOKANE WA 99204 320014330 501(C)(3) 750000 0 TO SUPPORT THE EXPANSION OF PROVIDENCE HOSPITAL'S NEONATAL INTENSIVE CARE UNIT. 2 0 PART I, LINE 2: THE ORGANIZATION'S PURPOSE IS TO PROVIDE FUNDS TO THE TEXAS TECH UNIVERSITY SYSTEM FOR SCHOLARSHIPS AND ADMINISTRATION OF THE UNIVERSITY. THE UNIVERSITY AWARDS THE SCHOLARSHIPS TO THE STUDENTS AND THEN MONITORS THE SCHOLARSHIP. 0 0 0 0 0 0 0 0 0 PENNY HARKEY TREASURER 0 334059 0 0 0 34980 0 30366 0 11794 0 411199 0 0 PATRICK KRAMER CHIEF EXECUTIVE OFFICER 0 349175 0 0 0 0 0 20740 0 14663 0 384578 0 0 X 194 3836223 AVG HIGH/LOW X 1 501260 INDEPENDENT APPRAISAL X 1 2350000 INDEPENDENT APPRAISAL X OIL RIG ADDITIONS 1 491935 FAIR MARKET VALUE 0 1 0 FORM 990, PART III, LINE 1, DESCRIPTION OF ORGANIZATION MISSION: 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, AND REPORTING ON GIFTS AND ENDOWMENTS; - A PARTNERSHIP APPROACH WITH THE BOARD OF REGENTS ON INVESTMENT AND OVERSIGHT; - AND SUPPORTING AND PROMOTING ALL COLLEGES, SCHOOL PROGRAMS, AND CAMPUSES OF THE TEXAS TECH UNIVERSITY SYSTEM. THE FOUNDATION WAS FORMED TO SEEK AND OBTAIN GIFTS FOR THE INSTITUTIONS; TO RECEIVE, HOLD, INVEST, AND ADMINISTER PROPERTY OF ANY TYPE GIVEN TO THE INSTITUTIONS OR FOR THE BENEFIT OF THE INSTITUTIONS; AND TO MAKE EXPENDITURES TO OR FOR THE BENEFIT OF THE INSTITUTIONS. FORM 990, PART VI, SECTION A, LINE 3 TEXAS TECH UNIVERSITY PROVIDES THE FOUNDATION WITH ACCOUNTING AND FUND RAISING SERVICES, PERSONNEL, AND FACILITIES TO CONDUCT THE FOUNDATION'S BUSINESS. ALL ARE PROVIDED AT NO COST TO THE FOUNDATION. FORM 990, PART VI, SECTION B, LINE 11B AN ELECTRONIC COPY OF THE FORM 990 IS REVIEWED BY THE FOUNDATION TREASURER AND CEO PRIOR TO SUBMISSION. THE FULL BOARD WILL BE PROVIDED WITH A COMPLETED COPY OF THE RETURN AT THE NEXT FOUNDATION BOARD MEETING. FORM 990, PART VI, SECTION B, LINE 12C ANNUALLY ALL BOARD MEMBERS MUST REVIEW THE CONFLICT OF INTEREST POLICY AND SIGN OFF THAT THEY WILL COMPLY. EACH BOARD MEMBER IS REQUIRED TO BRING TO THE ATTENTION OF THE ENTIRE BOARD ANY POTENTIAL CONFLICTS AND EXCUSE THEMSELVES FROM ANY VOTES WHERE A CONFLICT, OR THE APPEARANCE OF A CONFLICT OF INTEREST EXISTS. FORM 990, PART VI, SECTION C, LINE 18 THE FORM 990 IS AVAILABLE UPON REQUEST AT THE ORGANIZATIONS OFFICE LOCATED IN LUBBOCK, TEXAS. FORM 990, PART VI, SECTION C, LINE 19 THE FOUNDATION WILL PROVIDE A COPY OF ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS TO ANYONE REQUESTING A COPY. THESE ITEMS ARE AVAILABLE TO THE PUBLIC AT THE FOUNDATION'S OFFICES IN LUBBOCK, TX. FORM 990, PART VIII, LINE 7 THE INVESTMENTS OF THE FOUNDATION ARE COMINGLED WITH THE INVESTEMENTS OF THE UNIVERSITY TO REALIZE THE BENEFITS OF HIGHER LONG-TERM INVESTMENT RETURNS, GREATER PORTFOLIO DIVERSITY AND LOWER INVESTMENT MANAGEMENT COSTS. DUE TO THIS INVESTMENT STRUCTURE THERE IS NOT ENOUGH INFORMATION TO REPORT THE GROSS PROCEEDS AND COST RELATED TO THE SALE OF INVESTMENTS. ONLY THE NET GAIN OR LOSS FROM THE INVESTMENT FUND ARE REPORTED TO THE FOUNDATION. AS SUCH THE FOUNDATION IS REPORTING THE NET LOSS ON LINE 7B. FORM 990, PART XII, LINE 2C THE FOUNDATION'S BOARD ASSIGNS MEMBERS OF THE BOARD TO AN AUDIT COMMITTEE. THE AUDIT COMMITTEE IS RESPONSIBLE FOR OVERSEEING THE FINANCIAL STATEMENT AUDIT AND FOR THE SELECTION OF THE INDEPENDENT CPA WHO WILL PERFORM THE AUDIT. THIS PROCESS HAS NOT CHANGED FROM PRIOR YEARS. TTFI HOLDINGS LLC PO BOX 45025 LUBBOCK TX 79409 756043842 ACCEPTANCE AND MANAGEMENT OF GIFTS TO TEXAS TECH UNIVERSITY DE 0 2595140 TEXAS TECH FOUNDATION INC TEXAS TECH UNIVERSITY SYSTEM PO BOX 41092 LUBBOCK TX 79409 756002622 INSTITUTION OF HIGHER LEARNING TX 501(C)(3) LINE 6 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 TEXAS TECH UNIVERSITY SYSTEM B 93821903 CASH TEXAS TECH UNIVERSITY SYSTEM O 5005711 ALLOCATION BASED ON TIME TEXAS TECH UNIVERSITY SYSTEM N 188466 ALLOCATION BASED ON TIME