2024-11-15T13:24:53-06:00 2023-12-31 750786316 WEAVER AND TIDWELL LLP 2300 N FIELD ST STE 1000 DALLAS TX 75201 990 2023-01-01 740490865 THE ASSOCIATION OF FORMER STUDENTS OF TEXAS A&M UNIVERSITY ASSO 9798457514 505 GEORGE BUSH DRIVE COLLEGE STATION TX 77840 NICHOLAS K TAUNTON EXECUTIVE VICE PRESIDENT AND COO 9798457514 2024-11-15 1 1 PRERNA JAGADA P01063809 9724901970 2023 2024-10-15 13:58:12Z NICHOLAS K TAUNTON 505 GEORGE BUSH DRIVE COLLEGE STATION TX 77840 34786803 0 X WWW.AGGIENETWORK.COM X 1879 TX OUR VISION IS SIMPLE, YET BOLD: "THE ASSOCIATION OF FORMER STUDENTS WILL BE THE PREMIER ALUMNI ORGANIZATION". 17 17 172 1500 1277914 163081 62982753 17403361 4730892 5545618 5496637 5797924 1238762 1321430 74449044 30068333 36996030 7731990 0 0 8296051 8396428 546268 523418 3629744 7414153 8690714 53252502 25342550 21196542 4725783 216039404 219634328 12618586 5761189 203420818 213873139 X TO STRENGTHEN THE ASSOCIATION OF FORMER STUDENTS, PROMOTE THE INTERESTS AND WELFARE OF TEXAS A&M UNIVERSITY, PERPETUATE TIES OF AFFECTION AND ESTEEM FORMED IN UNIVERSITY OR COLLEGE DAYS, AND SERVE THE STUDENT BODY. 0 0 7731990 7731990 0 SCHOLARSHIPS - WE ARE PROUD TO COMMIT A PORTION OF EVERY DOLLAR WE RAISE TO TEXAS A&M UNIVERSITY IN THE FORM OF CASH AND SERVICES SUPPORT, AS WELL AS, PROVIDE MULTIPLE FORUMS FOR AGGIES TO RECONNECT. OUR FUNDS PROVIDE FUNDING FOR ACADEMIC PROGRAMS AND SCHOLARSHIPS, DEPARTMENTAL FUNDING AND STUDENT INVOLVEMENT FUNDING, AS WELL AS FACULTY AND STAFF RECOGNITION PROGRAMS. ALSO, IN 2022, WE DEVELOPED AGGIE PARK, A PREMIER GREEN SPACE THAT UNITES AGGIES TO FOSTER RELATIONSHIPS, PERPETUATES OUR CHERISHED TRADITIONS AND VALUES, AND SHOWCASES OUR UNIVERSITY'S REPUTATION FOR EXCELLENCE. THE ASSOCIATION RAISED FUNDS FOR AGGIE PARK FROM PRIVATE DONORS. IN 2024, THE ASSOCIATION IS PROJECTED TO PROVIDE $15,650,000 IN CASH AND PROGRAM SUPPORT AND SERVICES TO TEXAS A&M UNIVERSITY ACROSS ALL ASSOCIATION FUNDS. SEE SCHEDULE OAGGIE PARK - AS PART OF OUR MISSION TO "PERPETUATE THE TIES OF AFFECTION AND ESTEEM FORMED DURING UNIVERSITY OR COLLEGE DAYS", THE ASSOCIATION OF FORMER STUDENTS PROVIDES MULTIPLE FORUMS FOR AGGIES TO RECONNECT. THE ASSOCIATION OF FORMER STUDENTS DEVELOPED AGGIE PARK, AN AREA OF 20 ACRES. THIS PREMIER GREEN SPACE UNITES AGGIES TO FOSTER RELATIONSHIPS, PERPETUATES OUR CHERISHED TRADITIONS AND VALUES, AND SHOWCASES OUR UNIVERSITY'S REPUTATION FOR EXCELLENCE. THE ASSOCIATION RAISED FUNDS FOR THESE PROJECTS FROM PRIVATE DONORS. AGGIES --PROSPECTIVE, CURRENT, AND FUTURE --BEGAN MAKING THIS SPACE THEIR OWN WHEN AGGIE PARK OPENED IN SEPTEMBER 2022, AND COUNTLESS AGGIES WILL CONTINUE TO ENJOY AGGIE PARK FOR GENERATIONS TO COME. IT IS PERFECTLY SUITED FOR STUDY GROUPS AND CLASSES MEETING OUTDOORS, AND IT IS AN IDEAL BACKDROP FOR NATIONAL SPORTS BROADCASTS AND TAILGATING ON GAMEDAYS. WHETHER GATHERING FOR A CONCERT, STUDENT ORGANIZATION EVENTS, OR SIMPLY TO THROW THE FOOTBALL, AGGIE PARK PROVIDES A BEAUTIFUL SPACE TO STRENGTHEN CAMARADERIE AMONG AGGIES AND CREATE MEMORIES TOGETHER ON CAMPUS. AGGIE PARK ALSO FEATURES A PERMANENT STRUCTURE HONORING RECIPIENTS OF THE DISTINGUISHED ALUMNUS AWARD, WHICH IS PRESENTED JOINTLY BY THE ASSOCIATION AND TEXAS A&M AND HAS BEEN AWARDED TO ONLY 330 OF TEXAS A&M'S OVER HALF A MILLION FORMER STUDENTS. THIS AWARD RECOGNIZES AGGIES WHO HAVE ACHIEVED EXCELLENCE IN THEIR CHOSEN PROFESSIONS AND MADE MEANINGFUL CONTRIBUTIONS TO TEXAS A&M AND THEIR LOCAL COMMUNITIES. 4238875 269890 THE AGGIE NETWORK - AS PART OF OUR MISSION TO "PERPETUATE THE TIES OF AFFECTION AND ESTEEM FORMED DURING UNIVERSITY OR COLLEGE DAYS", THE ASSOCIATION OF FORMER STUDENTS PROVIDES MULTIPLE FORUMS FOR AGGIES TO RECONNECT. THE ASSOCIATION'S ENGAGEMENT TEAMS WORK DIRECTLY WITH REPRESENTATIVES OF EACH GRADUATING CLASS OF TEXAS A&M TO ENSURE REGULAR COMMUNICATIONS WITH EVERY FORMER STUDENT. IN ADDITION, THEY HOST ALUMNI REUNIONS, RECEPTIONS, TAILGATES AND OTHER SPECIAL EVENTS TO FOSTER STRONG TIES AMONG FORMER STUDENTS AND TEXAS A&M AND GENERATE SUPPORT FOR THE UNIVERSITY. WE ALSO WORK WITH A&M CLUBS TO PLAN, PROMOTE AND DELIVER CLUB-SPONSORED EVENTS, SUCH AS AWAY-GAME YELL PRACTICES AND ALL-AGGIE TAILGATES. 3845438 3818209 SUPPORT OF TEXAS A&M UNIVERSITY - WE ARE PROUD TO SUPPORT STUDENTS THROUGH ACTIVITIES, SCHOLARSHIPS, ACADEMIC SUPPORT, PROGRAMS, AWARDS AND CAREER SERVICES. OUR CAMPUS PROGRAMS TEAM WORKS CLOSELY WITH STUDENTS AND STUDENT ORGANIZATIONS, DEVELOPS PARTNERSHIPS TO PROMOTE STUDENTS' ENDEAVORS AND EXPOSES CURRENT STUDENTS TO THE ASSOCIATION AND THE WORLDWIDE AGGIE NETWORK. THROUGH INVOLVEMENT WITH STUDENTS AND BY SPONSORING EVENTS SUCH AS AGGIE RING DAY AND THE ALL-AGGIE GRAD PARTY, OUR CAMPUS PROGRAMS TEAM STRIVES TO BRING THE ASSOCIATION AND THE AGGIE NETWORK TO ALL AGGIES WHILE ON CAMPUS. IN ADDITION, OUR CAMPUS PROGRAMS TEAM FOSTERS RELATIONSHIPS WITH UNIVERSITY ADMINISTRATORS, FACULTY AND STAFF, AND COORDINATES EFFORTS WITH THE UNIVERSITY ON ASSOCIATION-FUNDED PROJECTS, PROGRAMS AND AWARDS. 1197648 0 CLAYTON W. WILLIAMS, JR. ALUMNI CENTER - THE AGGIE RING IS ONE OF OUR MOST WELL-KNOWN AND EASILY RECOGNIZED SYMBOLS OF THE AGGIE NETWORK. STUDENTS EARN THE AGGIE RING BASED ON CREDIT HOURS COMPLETED AT TEXAS A&M AND MAY SELECT THE CLASS YEAR (WITHIN LIMITATIONS) TO APPEAR ON THEIR AGGIE RING. EACH QUALIFIED STUDENT CAN CHOOSE THE FINISH FOR THEIR RING AND MAY OPT TO PLACE A DIAMOND IN THE SHIELD. OTHERWISE, THE AGGIE RING IS EXACTLY THE SAME FOR EVERY AGGIE OTHER THAN THE NAME ENGRAVED ON THE INSIDE - WHICH UNDOUBTEDLY CONTRIBUTES TO ITS GLOBAL RECOGNITION. THE ASSOCIATION OF FORMER STUDENTS MANAGES THE AGGIE RING PROGRAM WITH ORDERS TAKEN THROUGHOUT THE YEAR IN OUR AGGIE RING OFFICE. STUDENTS RECEIVE THEIR AGGIE RINGS DURING ONE OF THE ASSOCIATION'S AGGIE RING DAYS, WHICH DRAW THOUSANDS OF AGGIE STUDENTS, THEIR FAMILIES AND FRIENDS TOGETHER AT THE CLAYTON W. WILLIAMS, JR. ALUMNI CENTER FOR A CELEBRATION OF THIS MOMENTOUS MILESTONE. IN ADDITION TO SERVING CURRENT STUDENTS IN THE ORDERING PROCESS, OUR AGGIE RING OFFICE ALSO ASSISTS WITH RESIZING, REPAIRS AND REPLACEMENTS AND FACILITATES REPORTING OPPORTUNITIES FOR THOSE WHO HAVE LOST OR FOUND AN AGGIE RING. FIVE AGGIE RING COLLECTIONS, LOCATED IN THE CLAYTON W. WILLIAMS, JR. ALUMNI CENTER, DISPLAY NUMEROUS AGGIE RINGS DATING BACK TO 1890. THE COLLECTIONS ARE A HIGHLIGHT ATTRACTION ON THE A&M CAMPUS AND DRAW MANY VISITORS EACH YEAR. IN OCTOBER 2009, THE ASSOCIATION OF FORMER STUDENTS' BOARD OF DIRECTORS FORMALLY ESTABLISHED THE AGGIE RING SCHOLARSHIP PROGRAM. THROUGH THIS SPECIAL GIVING OPPORTUNITY, FORMER STUDENTS AND FRIENDS OF TEXAS A&M CAN HELP ENSURE THAT THE AGGIE RING IS AVAILABLE TO EVERY AGGIE WHO HAS EARNED THE RIGHT TO WEAR ONE. THE AGGIE RING IS ONE OF THE MOST RECOGNIZABLE PIECES OF JEWELRY IN THE WORLD. ONE OF THE MOST MEANINGFUL AND SOLEMN EVENTS HOSTED BY THE ASSOCIATION, AGGIE RING REMEMBRANCE IS A VERY SPECIAL CEREMONY IN WHICH THE FAMILY OF AGGIE STUDENTS WHO PASSED AWAY WHILE ENROLLED AT TEXAS A&M RECEIVE AN AGGIE RING CREST MOUNTED ON A BRONZE MEDALLION REMEMBERING AND HONORING THEIR CHILD OR SPOUSE. THIS SPECIAL CEREMONY IS HELD AT THE WILLIAMS ALUMNI CENTER PRIOR TO CAMPUS MUSTER EACH YEAR. HELD AT THE END OF THE FIRST DAY OF NEW STUDENT CONFERENCES, HOWDY SOCIALS WELCOME INCOMING STUDENTS AND THEIR FAMILIES TO THE CLAYTON W. WILLIAMS, JR. ALUMNI CENTER, THE AGGIE NETWORK AND THE BROADER BRYAN-COLLEGE STATION COMMUNITY. HOSTED BY THE ASSOCIATION OF FORMER STUDENTS PRIOR TO THE BEGINNING OF EACH FALL SEMESTER, HOWDY WEEK GATHERING IS DESIGNED TO WELCOME NEW STUDENTS TO CAMPUS AND PROVIDE THEM AN OPPORTUNITY TO MINGLE WITH CLASSMATES WHILE ENJOYING FREE FOOD AND DRINKS IN A FESTIVE ENVIRONMENT, ALONG WITH THEIR FIRST ON- CAMPUS YELL PRACTICE OF THE YEAR. STUDENTS ARE ENCOURAGED TO TRY ON AN AGGIE RING WITH THEIR CLASS YEAR, FURTHER BUILDING THE ANTICIPATION OF ONE DAY WEARING THEIR OWN RING. HOSTED BY THE ASSOCIATION OF FORMER STUDENTS, THIS MULTI-DAY CELEBRATION HONORS STUDENTS WHO ARE GRADUATING EACH SEMESTER. THE GRADUATION CELEBRATION ALLOWS STUDENTS TO LEARN MORE ABOUT THEIR ROLE AS FORMER STUDENTS AS WELL AS WAYS TO STAY CONNECTED THROUGH A&M CLUBS AND CONSTITUENT NETWORKS. IT ALSO PROVIDES AN OPPORTUNITY FOR STUDENTS TO MAKE THEIR CENTURY CLUB DONATION TO THE ASSOCIATION. THIS INFORMAL FAMILY EVENT MARKS THE OFFICIAL END OF THEIR TIME AS A STUDENT AND THE BEGINNING OF THEIR NEXT PHASE OF LIFE AS A FORMER STUDENT OF TEXAS A&M UNIVERSITY.THE ASSOCIATION OF FORMER STUDENTS IS PLEASED TO HOST A VARIETY OF EVENTS THROUGHOUT THE YEAR ALL OVER THE COUNTRY AS WELL AS IN THE PREMIER CLAYTON W. WILLIAMS, JR. ALUMNI CENTER. AS A 501(C)(3) CORPORATION, WHICH LEASES THE LAND ON WHICH OUR FACILITY RESIDES FROM THE STATE OF TEXAS, THE WILLIAMS ALUMNI CENTER MAY ONLY BE USED BY THE TEXAS A&M UNIVERSITY SYSTEM, TEXAS A&M UNIVERSITY, RECOGNIZED STUDENT ORGANIZATIONS OF TEXAS A&M UNIVERSITY AND AFFILIATES OF THE ASSOCIATION OF FORMER STUDENTS, INCLUDING CLASSES, A&M CLUBS AND CONSTITUENT NETWORKS. OUR EVENTS TEAM KNOWS THAT AN INDIVIDUAL'S FIRST IMPRESSION OF THE ASSOCIATION OF FORMER STUDENTS MAY BE MADE IN THE FIRST FEW MINUTES OF ATTENDING AN EVENT HELD IN THE WILLIAMS ALUMNI CENTER, REGARDLESS OF WHETHER THE EVENT IS ASSOCIATION-SPONSORED OR IS BEING HELD BY AN EXTERNAL GROUP. GIVEN THE ASSOCIATION'S VISION TO BE THE PREMIER ALUMNI ORGANIZATION, OUR EVENTS TEAM STRIVES TO ENSURE ALL EVENTS HELD IN THE WILLIAMS ALUMNI CENTER, AS WELL AS ALL ASSOCIATION-SPONSORED EVENTS, ARE PREMIER, WITH NO DETAIL BEING OVERLOOKED. THIS IMPORTANT TEAM OVERSEES THE ENTIRE PLANNING PROCESS AS WELL AS COORDINATES THE SETUP AND TEAR-DOWN OF EACH EVENT, GUIDANCE ON THE EVENT CHOREOGRAPHY AND ALL AUDIO/VIDEO NEEDS AND WORKS WITH THE CLIENT TO SECURE FOOD AND BEVERAGE NEEDS WITH OUR EXCLUSIVE CATERERS. ON HOME FOOTBALL GAME SATURDAYS, THE WILLIAMS ALUMNI CENTER BECOMES A HUB OF ACTIVITY FOR THE AGGIE NETWORK, AS WE DELIVER OUR BRAND PROMISE TO NURTURE BONDS THAT CAN LAST A LIFETIME. AGGIES AND THEIR FAMILIES AND FRIENDS CAN ENJOY FOOD AND BEVERAGES, CATCH ALL THE COLLEGE GAMES IN PROGRESS ON THE HUDDLESTON VIDEO WALL AND TAKE A KEEPSAKE PHOTO ON THE HAYNES RING PLAZA STARTING THREE HOURS BEFORE EVERY HOME GAME. WE ALSO FEATURE A LIVE BROADCAST FROM KYLE FIELD AND A RECORDING FROM A PREVIOUS HALFTIME SHOW, FEATURING THE FIGHTIN' TEXAS AGGIE BAND, ON THE HUDDLESTON VIDEO WALL FOR AGGIES WHO DO NOT HAVE A TICKET TO THE GAME. INCLUDED IN THE EVENTS OUR EVENTS TEAM PLANS AND EXECUTES EACH YEAR ARE:-AGGIE RING DAY -AGGIE RING REMEMBRANCE -ALL-AGGIE GRAD PARTY -ALL-AGGIE HULLABALOO -ALL-AGGIE TAILGATE -ASSOCIATION ACTIVITIES DURING BOWL GAMES AND SELECTED AWAY GAMES -BOARD AND LEADERSHIP COUNCIL MEETINGS -CLASS REUNIONS -CONSTITUENT NETWORK MEETINGS AND REUNIONS -DIAMOND CENTURY CLUB SPRING AND FALL RECOGNITION EVENTS -DISTINGUISHED ALUMNI GALA -ENDOWED CENTURY CLUB TAILGATE -ENDOWED ACADEMIC SCHOLARSHIP LUNCHEON -ENDOWED AGGIE RING SCHOLARSHIP DINNER -GATHERING -GRADUATE STUDENT WINE TASTING -HOWDY SOCIALS -PASS IT BACK DAY -RING REMEMBRANCE -SUL ROSS GROUP REUNION -TEXAS A&M ADVOCACY NETWORK -AGGIES ON THE HILL AND ORANGE & MAROON LEGISLATIVE DAY -THANK AN AG DAY -TRAVELLING AGGIES REUNION. 487774 0 581475 TEXAS AGGIE MAGAZINE - THE ASSOCIATION PROVIDES ANNUAL DONORS TO THE ASSOCIATION AN ANNUAL SUBSCRIPTION TO THE TEXAS AGGIE MAGAZINE. THIS SUBSCRIPTION IS VALUED AT $10 PER YEAR. THE FINANCIAL STATEMENTS REFLECT SUBSCRIPTION REVENUE BASED ON THE NUMBER OF ACTIVE ANNUAL FUND DONORS AT $10 EACH. SUBSCRIPTION REVENUE IS RECOGNIZED OVER TIME WHEN AN ISSUE IS PUBLISHED AND PROVIDED TO THE DONOR. THERE ARE NO ACCOUNTS RECEIVABLE FOR SUBSCRIPTIONS AT DECEMBER 31, 2023 AND 2022. AT DECEMBER 31, 2023 AND 2022, DEFERRED REVENUE OF $97,892 AND $92,071WAS RECORDED FOR SUBSCRIPTIONS TO BE EARNED IN 2024 AND 2023 AND $581,475 AND $554,415 WAS RECOGNIZED AS SUBSCRIPTION REVENUE EARNED DURING 2023 AND 2022, RESPECTIVELY. 1685422 0 581475 17501725 1 1 0 1 0 0 0 1 0 1 1 1 0 0 1 1 1 0 0 0 0 0 0 1 0 0 0 1 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 78 0 1 172 1 1 1 0 0 0 0 1 1 0 0 0 0 1 0 X 17 17 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 AL AK AR CA CO CT DC FL GA HI IL KS KY ME MD MA MI NH NJ NY NC ND OH OK OR PA RI SC TN VA WV WI X THE ASSOCIATION CO NICHOLAS K TAUNTON EXEC VP & COO 9798457514 505 GEORGE BUSH DRIVE COLLEGE STATION TX 77840 PORTER S GARNER III PRESIDENT AND CEO 40.00 X 564854 0 705089 NICHOLAS K TAUNTON EXECUTIVE VICE PRESIDENT AND COO 40.00 X 278693 0 77371 CECILEE C HERD SENIOR VICE PRESIDENT - ENGAGEMENT 40.00 X 229079 0 69971 MARTIN W HOLMES VICE PRESIDENT 40.00 X 220482 0 49871 SCOT O WALKER VICE PRESIDENT 40.00 X 209690 0 46708 ANDREW ARIZPE VICE PRESIDENT - CFO 40.00 X 193864 0 59216 ANDREA CHRIETZBERG CONTROLLER 40.00 X 125886 0 45732 ALLISON SEIBERT VICE PRESIDENT 40.00 X 122108 0 40262 TARA JIRINEC DIRECTOR OF INFORMATION SYSTEMS 40.00 X 117622 0 31506 ARCH H BEAVER APLIN III MEMBER 5.00 X 0 0 0 CHARLES B BRAD BYNUM MEMBER 5.00 X 0 0 0 JOHN F DICKERSON MEMBER 5.00 X 0 0 0 LAURIE HILL GUTIERREZ MEMBER 5.00 X 0 0 0 ANNA CECILIA CISSIE GONZALEZ MEMBER 5.00 X 0 0 0 MARK C HEROD SR MEMBER 5.00 X 0 0 0 JOHNITA DAVIS JONES MEMBER 5.00 X 0 0 0 SHARA B MCCLURE MEMBER 5.00 X 0 0 0 KEN ROBINSON MEMBER 5.00 X 0 0 0 LIAS J JEFF STEEN MEMBER 5.00 X 0 0 0 ROBERT H WHITE MEMBER 5.00 X 0 0 0 JOHN B ZACHRY MEMBER 5.00 X 0 0 0 BRUCE E CHINN MEMBER 5.00 X 0 0 0 AARON M POOL MEMBER 5.00 X 0 0 0 BOBBY JENKINS CHAIR ELECT 5.00 X X 0 0 0 DARA G HEGAR IMMEDIATE PAST CHAIR 5.00 X X 0 0 0 ROBERT E BOB JORDAN CHAIR OF THE BOARD 5.00 X X 0 0 0 2062278 0 1125726 9 0 1 0 MIDWAY DEVELOPMENT GROUP 800 TOWN COUNTRY BLVD SUITE 200 HOUSTON TX 77024 ARCHITECT / AGGIE PARK DEVELOPMENT 8653761 TEXAS A&M UNIVERSITY DIVISION OF FINANC MS 6000 COLLEGE STATION TX 778436000 GENERAL SERVICES 598115 TEXAS A&M FOUNDATION 401 GEORGE BUSH DR COLLEGE STATION TX 778402811 INVESTMENT MANAGEMENT FEE 591772 WILSON BENNETT 3053 HWY 367 N SUITE C AUSTIN AR 72007 FUNDRAISING CONSULTING 523418 JAMES R THOMPSON INC 8750 N CENTRAL EXPRESSWAY SUITE 18 DALLAS TX 75231 GENERAL CONTRACTOR 506991 15 17403361 3280551 17403361 RING COMMISSIONS 900004 2935399 2935399 SUPPORT OF TAMU 531390 882810 882810 TRAVEL COMMISSIONS 900099 649500 649500 SUBSCRIPTION REVENUE 900099 581475 581475 REUNIONS/RECEPTIONS 900099 269890 269890 226544 226544 5545618 5787696 5787696 1321430 401870 919560 4728698 4704877 13593 23821 -13593 10228 10228 30068333 4669574 1277914 6717484 7731990 7731990 2747887 1309867 538031 899989 4636819 2448996 1569768 618055 114785 29725 63013 22047 436322 210442 148847 77033 460615 225684 141033 93898 55318 24623 7485 23210 186974 186974 523418 523418 591772 591772 811075 490249 205865 114961 68417 43426 13319 11672 1492752 939099 284848 268805 1020646 948294 39943 32409 222129 122531 66041 33557 1045470 675559 203190 166721 1355832 1061689 155554 138589 213176 150676 32962 29538 FEDERAL INCOME TAXES 54620 31751 10257 12612 PRINTING & TYPESETTING 701632 431146 10437 260049 MAINTENANCE AND REPAIRS 596970 410370 120498 66102 MEMBERSHIP RECOGNITION 231720 1842 229878 42211 26792 8218 7201 25342550 17501725 4211081 3629744 11061410 8694082 1344659 136573 37349220 32682363 2393583 819040 544763 985976 40726108 17957329 22605945 22768779 136649087 149798545 4090737 3748970 216039404 219634328 9206708 2884867 1243431 753242 51981 1995 2116466 2121085 12618586 5761189 X 49001441 50403125 154419377 163470014 203420818 213873139 216039404 219634328 4725783 5726538 0 X X 0 1 X 1 0 X 16512563 21724886 26244848 54982446 17403361 136868104 16512563 21724886 26244848 54982446 17403361 136868104 136868104 4902883 4844904 4702877 6129806 5787696 26368166 344649 119703 246857 64717 163081 939007 164175277 23007477 0.83370 0.84140 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 186974 186974 17578155 17765129 1000000 250000 0 0 925502 980601 1000000 1000000 3906103 5859155 166394 130938 161113 186974 645419 231376 245150 250000 250000 976526 1464789 498275 X 0 128981793 3421044 9620438 5525731 136497544 132032578 6033587 -4881687 4202685 128981793 109063432 5378220 22258467 4667541 132032578 97444022 4343888 10719243 3443721 109063432 83598586 5593245 12175471 3923280 97444022 0.20426 0.49641 0.29932 1 0 33729665 13284492 20445173 2899295 1300792 1598503 4097148 3372045 725103 22768779 MINERAL INTERESTS 1768964 F STOCKS, BONDS, AND OTHER SECURITIES 148029581 F 149798545 DEPOSITS FOR RINGS 264062 PROVISIONS FOR CONTINUING PROJECTS 1833369 RIGHT OF USE OF LIABILITY 23654 2121085 X 35203099 5726538 5726538 29476561 591772 591772 30068333 24750778 0 24750778 591772 591772 25342550 PART III, LINE 4: THE ASSOCIATION RECEIVED OVER THE YEARS AS DONATIONS A NUMBER OF BRONZES. IN 2009, THE ASSOCIATION COMMISSIONED AND INSTALLED A BRONZE 12 FOOT REPLICA OF A 1946 TEXAS AGGIE RING. THIS RING IS NOW DISPLAYED ON THE HAYNES RING PLAZA. PART V, LINE 4: THE ASSOCIATION OF FORMER STUDENTS' ENDOWMENT CONSISTS OF APPROXIMATELY 1,800 INDIVIDUAL FUNDS ESTABLISHED FOR A VARIETY OF PURPOSES. ITS ENDOWMENT INCLUDES BOTH DONOR-RESTRICTED ENDOWMENT FUNDS AND FUNDS DESIGNATED BY THE BOARD OF DIRECTORS TO FUNCTION AS ENDOWMENTS. THE PURPOSE OF ALL FUNDS ALIGN WITH THE ORGANIZATION'S MISSION TO STRENGTHEN THE ASSOCIATION OF FORMER STUDENTS; PROMOTE THE INTERESTS AND WELFARE OF TEXAS A&M UNIVERSITY; PERPETUATE TIES OF AFFECTION AND ESTEEM FORMED IN UNIVERSITY OR COLLEGE DAYS; AND SERVE THE STUDENT BODY. PART X, LINE 2: THE ASSOCIATION IS EXEMPT FROM U.S. FEDERAL INCOME TAX UNDER SECTION 501(A) OF THE INTERNAL REVENUE CODE (IRC) AS AN ORGANIZATION DESCRIBED IN IRC SECTION 501(C)(3). THE ASSOCIATION HAS BEEN CLASSIFIED AS AN ORGANIZATION THAT IS NOT A PRIVATE FOUNDATION, AND CONTRIBUTIONS TO IT QUALIFY FOR DEDUCTION AS CHARITABLE CONTRIBUTIONS. HOWEVER, INCOME GENERATED FROM ACTIVITIES UNRELATED TO THE ASSOCIATION'S EXEMPT PURPOSE IS SUBJECT TO TAX UNDER IRC SECTION 511. THE ASSOCIATION RECORDED UNRELATED BUSINESS INCOME TAX EXPENSE FOR THE YEARS ENDED DECEMBER 31, 2023 AND 2022, RESPECTIVELY , IN EXPENDITURES. THE ASSOCIATION FILES TAX RETURNS IN THE U.S. FEDERAL JURISDICTION. X X X X 1 WILSON BENNETT 3053 HWY 367N SUITE C AUSTIN AR 72007 TELEMARKETING 0 1118254 523418 594836 1118254 523418 594836 AL AK AR CA CO CT DC GA FL HI IL KS KY ME MD MA MI MN MS NV NH NJ NM NY NC ND OH OK OR PA RI SC TN VA WA WV WI SCHEDULE G, PART I, LINE 2B, COLUMN (V) IN 2023, THE ASSOCIATION RETAINED WILSON BENNETT TO PERFORM TELEMARKETING SERVICES. ON AVERAGE, OUR ENGAGEMENT CENTER EMPLOYS 100 STUDENTS TO SOLICIT DONATIONS TO FURTHER OUR MISSION. AS WE REQUIRE THE VENDOR TO EMPLOY TEXAS A&M UNIVERSITY STUDENTS, IT PROVIDES CONNECTION WITH OUR FORMER AND CURRENT STUDENTS AND FUNDS FOR US TO USE TOWARDS MISSION SUPPORT. 0 TEXAS A&M UNIVERSITY 400 BIZZELL ST COLLEGE STATION TX 77843 746000531 501(C)(3) 7731990 0 OVER $1.2 MILLION WAS DONATED TO TAMU IN 2023 FOR THE CONSTRUCTION OF AGGIE PARK. THE REMAINDER OF THE GRANT TO TAMU WAS FOR THE FOLLOWING ITEMS: SUPPORT OF STUDENTS THROUGH ACTIVITIES, SCHOLARSHIPS, ACADEMIC SUPPORT, PROGRAMS, AWARDS, AND CAREER SERVICES; DEVELOP PARTNERSHIPS TO PROMOTE STUDENTS; ENDEAVORS AND EXPOSES CURRENT STUDENTS TO THE ASSOCIATION AND THE WORLDWIDE AGGIE NETWORK; STRIVE TO BRING THE ASSOCIATION AND THE AGGIE NETWORK TO ALL AGGIES WHILE ON CAMPUS; AND FOSTER RELATIONSHIPS WITH UNIVERSITY ADMINISTRATORS, FACULTY AND STAFF, AND COORDINATES EFFORTS WITH THE UNIVERSITY ON ASSOCIATION-FUNDED PROJECTS, PROGRAMS, AND AWARDS. 1 PART I, LINE 2: THE ORGANIZATION EVALUATES AND MONITORS DONEES BASED ON PUBLIC AND PRIVATE DATA. X X X 1 1 X X X X X 0 1 0 0 0 0 0 1 0 PORTER S GARNER III PRESIDENT AND CEO 389242 0 152250 0 23362 0 673435 0 31654 0 1269943 0 0 0 NICHOLAS K TAUNTON EXECUTIVE VICE PRESIDENT AND COO 240143 0 25000 0 13550 0 48225 0 29146 0 356064 0 0 0 CECILEE C HERD SENIOR VICE PRESIDENT - ENGAGEMENT 200063 0 15000 0 14016 0 39893 0 30078 0 299050 0 0 0 MARTIN W HOLMES VICE PRESIDENT 196616 0 12500 0 11366 0 36016 0 13855 0 270353 0 0 0 SCOT O WALKER VICE PRESIDENT 193956 0 15000 0 734 0 35538 0 11170 0 256398 0 0 0 ANDREW ARIZPE VICE PRESIDENT - CFO 181203 0 12500 0 161 0 35232 0 23984 0 253080 0 0 0 ANDREA CHRIETZBERG CONTROLLER 115487 0 10000 0 399 0 34103 0 11629 0 171618 0 0 0 ALLISON SEIBERT VICE PRESIDENT 112031 0 10000 0 77 0 22035 0 18227 0 162370 0 0 0 PART I, LINE 1A THE ASSOCIATION PROVIDES THE PRESIDENT AND CEO A GOLF MEMBERSHIP AT PEBBLE CREEK COUNTRY CLUB. COUNTRY CLUB MEMBERSHIPS WERE INCLUDED ON THE PRESIDENT AND CEO'S FORM W-2'S AS TAXABLE INCOME. INFREQUENTLY, THE ASSOCIATION WILL USE A PRIVATE PLANE OR PRIVATE SHUTTLE FOR TRAVEL. ON OCCASION, WHEN CERTAIN EMPLOYEES ARE ATTENDING AN EVENT WHERE SPOUSES ARE ENCOURAGED TO ATTEND BECAUSE OTHER ATTENDEES WILL BE ACCOMPANIED BY THEIR SPOUSE, IT IS THE ASSOCIATION'S POLICY TO ALLOW SPOUSES AND OR COMPANIONS TO ATTEND WITH ADEQUATE EXPLANATION PRIOR TO THE TRAVEL AND ADEQUATE APPROVALS. TRAVEL FOR COMPANIONS IS INCLUDED ON FORM W-2 AS TAXABLE INCOME. PART I, LINE 4B IN 2021, THE ASSOCIATION ENTERED INTO A DEFERRED COMPENSATION PLAN. THE ASSOCIATION ACCRUES THE PRESENT VALUE OF THE ESTIMATED FUTURE BENEFIT PAYMENTS TO BE MADE OVER THE LIFE OF THE PLAN, WHICH ENDS ON MARCH 15, 2028. THE ASSOCIATION RECOGNIZED EXPENSES OF $865,685 IN 2023 RELATED TO THIS PLAN, WHICH WAS INCLUDED IN BOTH SHORT-TERM AND LONG-TERM ACCRUED LIABILITIES ON THE STATEMENT OF FINANCIAL POSITION. THE AMOUNTS TO BE EARNED UNDER THE PLAN VEST OVER TIME AND ARE BASED ON SPECIFIC REQUIREMENTS BEING MET PER THE PLAN DOCUMENT. IN 2024, A PORTION WAS VESTED AND PAID OUT. PART I, LINE 7 ANNUAL VARIABLE PAY DISTRIBUTIONS FOR THE STAFF OF THE ORGANIZATION ARE DETERMINED BY THE PRESIDENT AND CEO. THE YEARLY VARIABLE PAY FOR THE PRESIDENT/CEO IS DETERMINED BY THE BOARD. X 46 3280551 HI/LO STOCK PRICE AVG 0 1 1 PART I, COLUMN (B): THE ORGANIZATION RECEIVED 46 CONTRIBUTIONS OF PUBLICLY TRADED SECURITIES. PART I, LINE 32B: THE ORGANIZATION ENGAGES THIRD PARTIES TO SELL STOCKS AND SECURITIES WHICH ARE RECEIVED AS CONTRIBUTIONS. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED BY THE CONTROLLER AND COO. COPIES OF THE FORM 990 ARE PROVIDED TO THE AUDIT COMMITTEE, WHICH HAS BEEN APPOINTED BY THE BOARD TO PROVIDE OVERSIGHT. THE AUDIT COMMITTEE REVIEWS THE RETURN AND RECOMMENDS APPROVAL TO THE BOARD. COPIES OF THE FORM 990 ARE PROVIDED TO THE BOARD FOR REVIEW PRIOR TO APPROVAL AND FILING. FORM 990, PART VI, SECTION B, LINE 12C THE ASSOCIATION OF FORMER STUDENTS' BOARD OF DIRECTORS AND OFFICERS CONSISTS OF INDIVIDUALS FROM DIVERSE PROFESSIONAL EXPERIENCE AND PHILANTHROPIC INTERESTS WHO GENEROUSLY GIVE OF THEIR TIME, SKILLS AND JUDGMENT FOR THE BENEFIT OF THE ASSOCIATION OF FORMER STUDENTS AND TEXAS A&M UNIVERSITY. THE VARIED BACKGROUND OF THE DIRECTORS AND OFFICERS OF THE ASSOCIATION MAY OCCASIONALLY RESULT IN AN APPARENT OR ACTUAL DUALITY OR CONFLICT OF INTEREST. THE ASSOCIATION WILL NOT ENGAGE IN BUSINESS OR FINANCIAL TRANSACTIONS WITH MEMBERS OF ITS BOARD OF DIRECTORS OR OFFICERS OR WITH ANY ENTITY IN WHICH A DIRECTOR OR OFFICER HAS A SUBSTANTIAL INTEREST, EXCEPT WITH APPROPRIATE DISCLOSURE AND AUTHORIZATION PURSUANT TO THIS POLICY. DISCLOSURE: IT IS THE POLICY OF THE ASSOCIATION TO REQUIRE DISCLOSURE BY ITS DIRECTORS AND OFFICERS OF SITUATIONS THAT INVOLVE PERSONAL, FAMILIAL OR BUSINESS RELATIONSHIPS BETWEEN A DIRECTOR OR OFFICER AND THE ASSOCIATION OR TEXAS A&M UNIVERSITY WHICH MAY CAUSE THE ASSOCIATION OR THE UNIVERSITY TO BE VULNERABLE TO CRITICISM OR EMBARRASSMENT OR WHICH MAY IMPAIR THE INDEPENDENT UNBIASED JUDGMENT OF THE DIRECTOR OR OFFICER IN DISCHARGE OF HIS/HER RESPONSIBILITIES TO THE ASSOCIATION. RELATIONSHIPS WHICH REQUIRE DISCLOSURE ARE GENERALLY A RESULT OF ACTUAL, PERCEIVED OR POTENTIAL PERSONAL BENEFIT FROM A BUSINESS OR FINANCIAL TRANSACTION BETWEEN THE DIRECTOR OR OFFICER AND THE ASSOCIATION OR UNIVERSITY. A. ASSUMING THE AMOUNT OF BUSINESS DONE BY THE ASSOCIATION WITH ANY PUBLICLY HELD COMPANY HAS VIRTUALLY NO EFFECT ON THE TOTAL RESULTS OF SUCH COMPANY, THE OWNERSHIP OF SHARES IN A PUBLICLY HELD CORPORATION, AS LONG AS THE OWNERSHIP CONSTITUTES LESS THAN FIVE (5) PERCENT OF THE SHARES OUTSTANDING, DOES NOT REPRESENT A BUSINESS RELATIONSHIP WHICH MUST BE DISCLOSED. B. DISCLOSURE IS REQUIRED IN WRITING ANNUALLY ON A FORM PROVIDED BY THE ASSOCIATION AND THEREAFTER UPON ANY CHANGE IN CIRCUMSTANCES WHICH MAY PRESENT A CONFLICT. COPIES OF THIS WRITTEN DISCLOSURE WILL BE FURNISHED TO THE PRESIDENT AND CEO AND CHAIR OF THE BOARD. FORM 990, PART VI, SECTION B, LINE 15 EACH YEAR THE ASSOCIATION CONDUCTS A COMPARABILITY STUDY PRIOR TO MAKING ANY CHANGES TO COMPENSATION FOR THE PRESIDENT AND CEO. PRIOR TO THE 4TH QUARTER BOARD MEETING, SURVEY DATA IS GATHERED BY THE VICE PRESIDENT FOR COMMUNICATIONS AND HUMAN RESOURCES AND PRESENTED TO THE COMPENSATION COMMITTEE AND EXECUTIVE COMMITTEE OF THE BOARD FOR REVIEW. THE DATA PRESENTED INCLUDES SURVEY DATA GATHERED FROM A MINIMUM OF THREE INDEPENDENT SURVEYS, AS WELL AS LOCAL MARKET DATA. THE COMPENSATION COMMITTEE PROVIDES AN OPINION TO THE EXECUTIVE COMMITTEE ON COMPENSATION PARAMETERS FOR THE PRESIDENT AND CEO, WHICH ARE USED IN DETERMINING THE EXECUTIVE COMMITTEE'S RECOMMENDATION TO THE FULL BOARD ON ANY COMPENSATION CHANGES. ANY COMPENSATION CHANGES ARE APPROVED BY THE FULL BOARD DURING THE NEXT 1ST QUARTER BOARD MEETING AND BECOME EFFECTIVE APRIL 1 OF THAT YEAR. IN ADDITION TO THIS ANNUAL PROCESS, THE ASSOCIATION ALSO PERIODICALLY ENGAGES A CONSULTANT TO REVIEW THE COMPENSATION RANGES ESTABLISHED FOR THE PRESIDENT AND CEO, WITH THE MOST RECENT STUDY COMPLETED IN 2022. FORM 990, PART VI, SECTION C, LINE 19 THE ASSOCIATION'S GOVERNING DOCUMENTS ARE POSTED ON THEIR WEBSITE FOR VIEWING BY THE PUBLIC. THE CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XII, LINE 2C: NO CHANGE TO THE AUDIT PROCEDURES OCCURRED DURING THE CURRENT YEAR.