2026-05-11T13:43:17+00:00 2025-06-30 440160260 FORVIS MAZARS LLP 2700 Post Oak Blvd Ste 1500 Houston TX 77056 990 2024-07-01 742245072 Texas A&M Foundation TEXA 9798458161 401 George Bush Drive College Station TX 778402811 John Huser VP and CFO 2026-05-11 true Amanda Maya P01067777 7134994600 2026-05-15 2024 2025-03-06 01:10:19Z John Huser 401 George Bush Drive College Station TX 778402811 1840977928 false X TXAMFOUNDATION.COM X 1953 TX Fundraising and asset management for the benefit of Texas A&M University at College Station, and related campuses, units and entities that are integrated and headquartered at Texas A&M University at College Station, Texas. 7 7 201 57 43481652 14768706 173561219 260704826 0 0 161910055 170177060 3190381 3059688 338661655 433941574 135777777 163919569 0 30486500 32483839 133882 255310 29086166 43952738 44922347 210350897 241581065 128310758 192360509 3400550610 3738939807 406325901 425304772 2994224709 3313635035 X THE TEXAS A&M FOUNDATION BUILDS A BRIGHTER FUTURE FOR TEXAS A&M UNIVERSITY, ONE RELATIONSHIP AT A TIME, BY UNITING GENEROSITY AND VISION TO RAISE SUPPORT AND MANAGE ENDOWED GIFTS. false false 103387632 103387632 Departmental Support: Provide needed funds to support the University's College, School, Institute, Center and programmatic departmental needs and activities through both non-endowed funds and funds generated from endowments. 43702072 43702072 Scholarships/Fellowships: Provide financial aid for both undergraduates and graduates with both non-endowed scholarships and fellowships and funds generated from endowments. 16457325 16457325 Faculty Support: Provide funding for faculty teaching, research, recruitments and retention with both non-endowed funds and funds generated from endowment. 373784 372540 Institutional support 373784 372540 163920813 true true false true false false false true false true true true false false true false true false false false true true false true false false false true false true false false false false false false false false false false true false false false false true true true false false true X 177 0 true 201 true true true true MX TW UK DA false false false true true true 1 false false false true false X 7 7 false false false false false true false true true false false false true true true true true true true true false false CA DC IL KY MD MA MI MN NH NJ NY OR PA SC UT AR WV X JOHN HUSER 9798458161 401 GEORGE BUSH DRIVE COLLEGE STATION TX 77840 DAN ALLEN HUGHES JR TRUSTEE 3.0 0.0 X 0 0 0 DAVID DUNLAP TRUSTEE 3.0 0.0 X 0 0 0 GEORGE N HARRIS JR TRUSTEE 3.0 0.0 X 0 0 0 GINA LUNA TRUSTEE 3.0 0.0 X 0 0 0 MICHELE A MOBLEY TRUSTEE 3.0 0.0 X 0 0 0 WAYNE ROBERTS TRUSTEE 3.0 0.0 X 0 0 0 WILLIAM LEMMONS JR TRUSTEE 3.0 0.0 X 0 0 0 JOHN A HUSER VP & CFO 40.0 0.0 X 505941 0 77852 JOHN MORRIS SR VP DEVELOPMENT 40.0 0.0 X 609260 0 89910 TYSON T VOELKEL PRESIDENT & CEO 40.0 0.0 X 1308356 0 83919 WILLIAM L FUSSELMAN VP & GENERAL COUNSEL 40.0 0.0 X 337201 0 67926 JOHN C SPEIER IV VP & CHIEF DATA OFFICER 40.0 0.0 X 291510 0 67218 MICHAEL D PIA CHIEF INVESTMENT OFFICER 40.0 0.0 X 1240963 0 82162 ANDREW HILL ASST DIRECTOR INVESTMENTS 40.0 0.0 X 295416 0 44704 BLAKE MCDONALD ASST DIRECTOR INVESTMENTS 40.0 0.0 X 284945 0 45167 CHASTITY CARRIGAN VP FOR DEVELOPMENT 40.0 0.0 X 314478 0 53488 ROSS WILLMANN INVESTMENT DIRECTOR 40.0 0.0 X 456400 0 58980 TIM WALTON ASST VP REAL ESTATE SVCS 40.0 0.0 X 252883 0 46704 5897353 0 718030 94 false true false NORTHERN TRUST CO 50 SOUTH LASALLE STREET CHICAGO IL 60603 INVESTMENT CUSTODIAN SVCS 662036 GEER DESIGN INC 3403 OVERBROOK LN HOUSTON TX 77027 MARKETING DESIGN 637551 METROPOLIS CAPITAL LIMITED FIRST FLOOR AMERSHAM COURT 154 STATION COURT Amersham UK HP65DW INVESTMENT MANAGER 585554 ARTISAN PARTNERS HOLDING LP 875 E WISCONSIN AVE MILWAUKEE WI 53202 INVESTMENT MANAGER 573389 BLACKROCK FINANCIAL MANAGEMENT INC 50 HUDSON YARDS NEW YORK NY 10001 INVESTMENT MANAGER 567841 20 260704826 23334682 260704826 0 0 0 0 0 68112517 33173938 34938579 2609796 2609796 9548 9548 0 9548 9548 1506792693 2308204 1405187339 1849015 101605354 459189 102064543 10307714 91756829 Other receipts 900099 440344 440344 0 0 0 0 440344 433941574 0 43481652 129755096 163047513 163047513 872056 872056 5056327 0 3210601 1845726 21240436 5453502 15786934 2296271 576776 1719495 2248379 581718 1666661 1642426 453035 1189391 61404 38108 23296 309283 309283 1244 1244 255310 255310 35727311 35727311 185739 0 67474 118265 1766130 154883 1611247 822619 115691 706928 1083811 326566 757245 618510 198086 420424 868742 228781 639961 323640 145509 178131 986658 325597 661061 223996 97930 126066 General Fundraising 763771 763771 Annual Leave Accrual 311731 102871 208860 Credit Card Processing Fees 258156 258156 Recruiting 237030 78579 158451 372572 0 123629 248943 241581065 163920813 48574086 29086166 73407138 68312684 136760915 208768838 4566263 5248773 0 0 0 0 34460077 9736517 23894372 24723560 1289091560 1350479717 1808402877 2010301847 0 64427485 71104388 3400550610 3738939807 7259795 6685156 0 0 399066106 418619616 406325901 425304772 X 112538234 125485126 2881686475 3188149909 2994224709 3313635035 3400550610 3738939807 X 192360509 129724709 0 -2674892 X false true true false X 81505709 168069823 146530872 173561219 260704826 830372449 0 0 81505709 168069823 146530872 173561219 260704826 830372449 48646228 781726221 32013337 41176322 47243795 65535750 70731861 256701065 972477 14768706 15741183 0 298952 319760 654647 440344 1713703 1104528400 0 0.70775 0.70996 X Schedule A, Part II, Line 10 Other Income DESCRIPTION - OTHER INCOME, COLUMN A - 0.0, COLUMN B - 298952.0, COLUMN C - 319760.0, COLUMN D - 654647.0, COLUMN E - 440344.0, COLUMN F - 1713703.0; RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1244 1244 163919570 163920814 1000000 0 250000 0 0 1000000 1000000 1000000 1000000 4000000 6000000 1411 51863 60638 1244 115156 250000 250000 250000 250000 1000000 1500000 0 0 0 0 0 0 19437372 X X X false 2428056260 170630216 250584539 36657290 46333892 57477663 2708802170 2275711571 94769440 193468053 31082974 50032774 54777056 2428056260 2185013788 69107845 144390277 35427942 35856608 51515789 2275711571 2166128658 98577073 34284272 29325296 36269599 48381320 2185013788 1619665719 49351748 598742303 26377304 35952103 39301705 2166128658 0.0234 0.6847 0.2919 true false 10064422 10064422 18787489 6365536 12421953 5608166 3370981 2237185 24723560 Closely-held equity interests Financial derivatives NON-MARKETABLE SECURITIES 2010301847 F 2010301847 Federal Income Taxes Operating lease liabilities 65752 Annuities & trusts payable 63913997 Amounts held for other charitable organizations 354351867 Other liabilities 288000 418619616 524369755 129724709 0 129724709 394645046 39296528 0 39296528 433941574 204959429 2674892 2674892 202284537 39296528 0 39296528 241581065 Schedule D, Part X, Line 2 PURSUANT TO DETERMINATION LETTERS RECEIVED FROM THE INTERNAL REVENUE SERVICE (IRS), THE FOUNDATION IS GENERALLY EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AS A PUBLIC FOUNDATION. THUS, GIFTS TO THE FOUNDATION ARE TAX DEDUCTIBLE. THE FOUNDATION IS SUBJECT TO INCOME TAX ON THE UNRELATED BUSINESS INCOME, CONSISTING OF CERTAIN INCOME FROM LIMITED PARTNERSHIP INTERESTS. MANAGEMENT HAS EVALUATED THEIR INCOME TAX POSITIONS UNDER THE GUIDANCE INCLUDED IN ASC 740. BASED ON THEIR REVIEW, MANAGEMENT HAS NOT IDENTIFIED ANY MATERIAL UNCERTAIN TAX POSITIONS TO BE RECORDED OR DISCLOSED IN THE FINANCIAL STATEMENTS. Schedule D, Part III, Line 4 Collections of art - description of collections DESCRIPTION OF ORGANIZATION'S COLLECTION: DONATED SCULPTURES, PAINTINGS AND GLASS ART ON PUBLIC EXHIBITION AND FOR EDUCATIONAL PURPOSES. Schedule D, Part V, Line 4 Intended uses of endowment funds INTENDED USE OF ENDOWMENT FUNDS: SUPPORT FOR TEXAS A&M UNIVERSITY IN ACCORDANCE WITH THE ORGANIZATION'S MISSION STATEMENT. Schedule D, Part XII, Line 2(d) Other expenses in audited financial statements not in form 990 Loss due to change of donor pledges - 2674892 true Central America and the Caribbean 0 0 Investments 5609000 East Asia and the Pacific 0 0 Investments 42160000 Europe (Including Iceland and Greenland) 0 0 Investments 150657000 North America (Canada & Mexico only) 0 0 Investments 99740000 Europe (Including Iceland and Greenland) 0 0 Conference Travel 69864 Central America and the Caribbean 0 0 Fundraising 1388 Central America and the Caribbean 0 0 Program Services Faculty Travel 26305 East Asia and the Pacific 0 0 Program Services Faculty Travel 13500 Europe (Including Iceland and Greenland) 0 0 Program Services Faculty Travel 11024 South America 0 0 Program Services Faculty Travel 31000 South Asia 0 0 Program Services Faculty Travel 3200 Central America and the Caribbean 0 0 Program Services Study Abroad 6500 East Asia and the Pacific 0 0 Program Services Study Abroad 151311 Europe (Including Iceland and Greenland) 0 0 Program Services Study Abroad 588966 Middle East and North Africa 0 0 Program Services Study Abroad 1000 North America (Canada & Mexico only) 0 0 Program Services Study Abroad 2250 South America 0 0 Program Services Study Abroad 7000 Sub-Saharan Africa 0 0 Program Services Study Abroad 2000 Russia and Neighboring States 0 0 Program Services Ag Education and Research 28000 Central America and the Caribbean 0 0 Program Services Contributions 595873 East Asia and the Pacific 0 0 Program Services Contributions 625 Europe (Including Iceland and Greenland) 0 0 Program Services Contributions 1266499 Middle East and North Africa 0 0 Program Services Contributions 25000 North America (Canada & Mexico only) 0 0 Program Services Contributions 901834 South America 0 0 Program Services Contributions 300 South Asia 0 0 Program Services Contributions 608 Sub-Saharan Africa 0 0 Program Services Contributions 740 0 0 0 0 0 0 299072308 2828479 301900787 Central America and the Caribbean Faculty Travel/Study Abroad 32805 EFT East Asia and the Pacific Faculty Travel/Study Abroad 164811 EFT Europe (Including Iceland and Greenland) Faculty Travel/Study Abroad 599990 EFT Middle East and North Africa Study Abroad 1000 EFT North America (Canada & Mexico only) Study Abroad 2250 EFT Russia and Neighboring States Ag Education and Research 28000 EFT South America Faculty Travel/Study Abroad 38000 EFT South Asia Faculty Travel 3200 EFT Sub-Saharan Africa Study Abroad 2000 EFT 1 0 true false true true true false Schedule F, Part I, Line 2 Procedures for monitoring use of grant funds MONITORING OF FUNDS AND ASSISTANCE OUTSIDE OF THE U.S. THE FOUNDATION HAS POLICIES AND PROCEDURES AND REQUIRES ITEMIZED RECEIPTS TO MONITOR FOUNDATION DIRECT PAYMENTS TO TAMU STAFF FOR REIMBURSEMENT OF TRAVEL ACTIVITY OUTSIDE OF THE UNITED STATES. QUALIFYING EXPENSES ARE APPROVED AT A HIGHER LEVEL OF AUTHORITY THAN THE TRAVELER. THE FOUNDATION ALSO TRANSFERS FUNDS DIRECTLY TO TEXAS A&M UNIVERSITY FOR SUPPORT WHICH MAY OR MAY NOT INCLUDE FOREIGN ACTIVITIES. -- THESE ARE NOT INCLUDED IN THIS SCHEDULE AND AMOUNTS ARE UNKNOWN. Schedule F, Part I, Line 3 Method used to account for expenditures on org's financial statements CENTRAL AMERICA AND THE CARIBBEAN-Accrual; EAST ASIA AND THE PACIFIC-Accrual; EUROPE (INCLUDING ICELAND AND GREENLAND)-Accrual; MIDDLE EAST AND NORTH AFRICA-Accrual; NORTH AMERICA (CANADA & MEXICO ONLY)-Accrual; RUSSIA AND NEIGHBORING STATES-Accrual; SOUTH AMERICA-Accrual; SOUTH ASIA-Accrual; SUB-SAHARAN AFRICA-Accrual Schedule F, Part II, Line 1 Method used to account for expenditures on org's financial statements CENTRAL AMERICA AND THE CARIBBEAN-Accrual; EAST ASIA AND THE PACIFIC-Accrual; EUROPE (INCLUDING ICELAND AND GREENLAND)-Accrual; MIDDLE EAST AND NORTH AFRICA-Accrual; NORTH AMERICA (CANADA & MEXICO ONLY)-Accrual; RUSSIA AND NEIGHBORING STATES-Accrual; SOUTH AMERICA-Accrual; SOUTH ASIA-Accrual; SUB-SAHARAN AFRICA-Accrual Schedule F, Part V PART I, LINE 3 AND PART II, LINE 1 THE ORGANIZATION PROVIDES GRANTS AND OTHER ASSISTANCE TO TEXAS A&M UNIVERSITY. BASED ON THE IRS INSTRUCTIONS FOR SCHEDULE F, THESE GRANTS WERE MADE "TO A PARTICULAR U.S. ORGANIZATION OR ENTITY FOR THE UNDERSTOOD PURPOSE OF ENGAGING DIRECTLY OR INDIRECTLY IN FOREIGN ACTIVITY" THEY ARE REPORTED ON SCHEDULE F PART I AND PART II. X X X X true BETSY C PRICE 3008 Overton Park West Fort Worth TX 76108 Strategy Consultant false 0 30000 -30000 SHAFF FUNDRAISING GROUP 3 Alabama Court Towson MD 21204 Strategy Consultant false 0 105000 -105000 STEPHEN GUETERSLOH 4402 Danby Court College Station TX 77845 Strategy Consultant false 0 120310 -120310 0 255310 -255310 CA CO CT DC FL GA AL HI IL KS KY LA ME AK MD MA MI MN MS MO NV NH NJ NM NY NC ND OH OK OR PA AZ RI SC TN UT VA AR WA WV WI Schedule G, Part I, Line 2b(ii) Describe the custody or control arrangement. BETSY C. PRICE-WRITTEN CONTRACT;SHAFF FUNDRAISING GROUP-WRITTEN CONTRACT;STEPHEN GUETERSLOH-WRITTEN CONTRACT; Schedule G, Part I, Line 2b(v) payment of fees or payment of expenses BETSY C. PRICE-FUNDRAISING SERVICES;SHAFF FUNDRAISING GROUP-FUNDRAISING SERVICES;STEPHEN GUETERSLOH-FUNDRAISING SERVICES; true Texas A&M University 400 Bizzell St College Station TX 77840 746000531 STATE OF TX 103359632 Departmental support Texas A&M University 400 Bizzell St College Station TX 77840 746000531 STATE OF TX 42943045 Scholarships & fellowships Texas A&M University 400 Bizzell St College Station TX 77840 746000531 STATE OF TX 16372296 Faculty support Texas A&M University 400 Bizzell St College Station TX 77840 746000531 STATE OF TX 372540 Institutional support 1 0 Schedule I, Part I, Line 2 Procedures for monitoring use of grant funds TEXAS A&M FOUNDATION REQUIRES A FULL-TIME SENIOR STAFF OR FACULTY MEMBER OF TEXAS A&M UNIVERSITY TO SUBMIT DOCUMENTATION SHOWING THE INTENDED USE OF FUNDS, AND TO PROVIDE RECEIPTS AND INVOICES WHEN APPLICABLE. X true true X X X X X false false false false false false false true true true TYSON T VOELKEL PRESIDENT & CEO 643926 0 650000 0 14430 0 59846 0 24073 0 1392275 0 0 0 JOHN MORRIS SR VP DEVELOPMENT 416143 0 184402 0 8715 0 66119 0 23791 0 699170 0 0 0 JOHN A HUSER VP & CFO 363748 0 132612 0 9581 0 57429 0 20423 0 583793 0 0 0 WILLIAM L FUSSELMAN VP & GENERAL COUNSEL 243017 0 90213 0 3971 0 44200 0 23726 0 405127 0 0 0 MICHAEL D PIA CHIEF INVESTMENT OFFICER 546759 0 689063 0 5141 0 58260 0 23902 0 1323125 0 0 0 JOHN C SPEIER IV VP & CHIEF DATA OFFICER 239120 0 51550 0 840 0 42925 0 24293 0 358728 0 0 0 ROSS WILLMANN INVESTMENT DIRECTOR 282949 0 165900 0 7551 0 48450 0 10530 0 515380 0 0 0 CHASTITY CARRIGAN VP FOR DEVELOPMENT 253654 0 56911 0 3913 0 42783 0 10705 0 367966 0 0 0 ANDREW HILL ASST DIRECTOR INVESTMENTS 201793 0 92813 0 810 0 34057 0 10647 0 340120 0 0 0 BLAKE MCDONALD ASST DIRECTOR INVESTMENTS 193313 0 91200 0 432 0 33377 0 11790 0 330112 0 0 0 TIM WALTON ASST VP REAL ESTATE SVCS 213213 0 37348 0 2322 0 36057 0 10647 0 299587 0 0 0 Schedule J, Part I, Line 1a Health or social club dues or initiation fees SOCIAL CLUB DUES ARE PAID BY TEXAS A&M FOUNDATION AND ARE REPORTED AS TAXABLE FRINGE BENEFITS ON APPLICABLE FORM W2 FOR TYSON VOELKEL, JOHN MORRIS, JOHN HUSER, WILLIAM FUSSELMAN, MICHAEL PIA, ROSS WILLMANN, AND CHASTITY CARRIGAN. Schedule J, Part I, Line 7 Non-fixed payments TEXAS A&M FOUNDATION PROVIDES INCENTIVE COMPENSATION OPPORTUNITIES FOR ALL EMPLOYEES. GOALS FOR INCENTIVE COMPENSATION CAN INCLUDE INVESTMENT PERFORMANCE, ATTAINMENT OF TARGETS IN FUNDRAISING MEASURED AGAINST BENCHMARKS AND TARGETS OF PARTICULAR GIFT TYPES TO ENCOURAGE COLLABORATION WITHIN THE FOUNDATION TEAMS, AS WELL AS SOME DISCRETIONARY AND QUALITATIVE INCENTIVES AND PERSONAL PERFORMANCE ACHIEVEMENTS. AMOUNTS SHOWN IN PART II COLUMN B(II) FOR EACH LISTED PERSON REPRESENTS INCENTIVE COMPENSATION AND IF APPLICABLE, ANY ADDITIONAL BONUS DISCLOSED IN ANY OTHER NOTE HERE. IF NO OTHER BONUS IS NOTED, THE AMOUNT IN PART II COLUMN B(II) IS INCENTIVE COMPENSATION. Schedule J, Part I, Line 8 Payments on contract that is subject to the initial contract exception $50,000 BONUS WAS PAID TO JOHN MORRIS RELATED TO MAJOR MILESTONE ACCOMPLISHMENTS DETERMINED BY THE EXECUTIVE BOARD IN ACCORDANCE WITH THE ORIGINAL OFFER OF EMPLOYMENT. 233 18855062 Market value 4 109805 Other - Net Present Value 5 1989000 Other - Appraisal 12 2340656 Other - Appraisal, Revenue Est., and NPV X Consumables 2 24014 Other - Nominal value X Life Insurance 2 16120 Other - Present value per Insurance issuer X Crypto Currency 1 25 Market value 3 false true true Schedule M, Part I COLUMN (B) TEXAS A&M FOUNDATION RECEIVED VARIOUS TYPES OF NONCASH CONTRIBUTIONS. THE INFORMATION REPORTED IN COLUMN B REPRESENTS A COMBINATION OF BOTH THE NUMBER OF ITEMS AND CONTRIBUTIONS RECEIVED OF EACH TYPE OF PROPERTY. Schedule M, Part I, Line 32b Third parties used to solicit, process, or sell noncash contributions THIRD PARTY USE FOR REAL ESTATE PROPERTY, THE FOUNDATION USUALLY LISTS THE PROPERTY WITH A LOCAL PROFESSIONAL REAL ESTATE BROKER TO FACILITATE SALES. THIRD PARTY USE FOR CRYPTOCURRENCY, THE FOUNDATION USES A THIRD PARTY VENDOR THAT SPECIALIZES IN NOT-FOR-PROFIT GIFT ACCEPTANCE AND IMMEDIATE CONVERSION OF SOME VIRTUAL CURRENCY TYPES. Form 990, Part III, Line 4a-4c Description of program services (Expenses $ 373,784 including grants of $ 372,540) Institutional support Form 990, Part VI, Line 7a Members or stockholders electing members of governing body EACH YEAR AS ONE TRUSTEE TERM ENDS, A FEW REPLACEMENT TRUSTEE CANDIDATES ARE IDENTIFIED BY THE FOUNDATION'S BOARD OF TRUSTEES AND A FINALIST IS REVIEWED AND APPROVED ALSO BY THE BOARD OF DIRECTORS OF THE ASSOCIATION OF FORMER STUDENTS, A SEPARATE ORGANIZATION THAT ALSO SUPPORTS TEXAS A&M UNIVERSITY. Form 990, Part VI, Line 11b Review of form 990 by governing body DISCUSSION OF THE FORM 990 WAS AN AGENDA ITEM AT A MAY 2026 BOARD OF TRUSTEE MEETING. ALL MEMBERS OF THE BOARD OF TRUSTEES RECEIVED A COPY OF THE 990 PRIOR TO THE MEETING FOR THEIR REVIEW. THE VICE PRESIDENT AND CHIEF FINANCIAL OFFICER PRESENTED THE FORM 990 AND ANSWERED ALL QUESTIONS POSED PRIOR TO BEING APPROVED. Form 990, Part VI, Line 12c Conflict of interest policy THE OFFICERS, TRUSTEES, AND KEY EMPLOYEES ARE PROVIDED A COPY OF THE ORGANIZATION'S CONFLICT OF INTEREST POLICY AND A DISCLOSURE FORM EACH YEAR. THE DISCLOSURE FORMS ARE RETURNED AND REVIEWED BY THE ORGANIZATION'S IN-HOUSE COUNSEL AND REPORTED TO THE CHAIRMAN OF THE AUDIT AND FINANCE COMMITTEE. IF REVIEW OF THE DISCLOSURE FORM DOES NOT REVEAL WHAT IS EXPECTED TO BE DISCLOSED, THE INDIVIDUAL IS CONTACTED BY AN OFFICER OF THE ORGANIZATION FAMILIAR WITH THE REPORTING REQUIREMENTS TO PROVIDE ADDITIONAL EXPLANATION AND A REVISED DISCLOSURE FORM IS RETURNED. THE FORM STATES THAT IT IS THE RESPONSIBILITY OF THE OFFICER, TRUSTEE, OR KEY EMPLOYEE TO UPDATE THE DISCLOSURE IF CIRCUMSTANCES OCCUR THROUGHOUT THE YEAR WHICH NECESSITATE A CHANGE IN THE INFORMATION SUPPLIED. Form 990, Part VI, Line 15a Process to establish compensation of top management official The Executive Committee (Committee) of the organization reviews and approves total compensation of the President and CEO. The Committee is composed of three members of the Board of Trustees (Board) who are uncompensated volunteers. The President and CEO is not present in the meeting as the Committee discusses their performance and the decision regarding their compensation. The President and CEO, other Foundation officers and key employees are not voting members of the Committee nor Board. The discussion, deliberation, and decision of the Committee is recorded in the minutes of the Committee signed by the Chair of the Committee for presentation and approval at the next meeting. The Board receives an oral report of the Committee meeting from the Committee Chairman and the Board approves actions taken by the Committee. Every 3-5 years the foundation engages an outside independent consultant hired to review compensation practices including base and total cash compensation to ensure comparability to similar organizations and market conditions. Most recently the Committee relied on data provided by independent consultant, the QTI Group, who in 2023 conducted a calibration study. The Vice President for Talent and Culture coordinates with consultants, assists with data and is present for part of meetings for the discussion and presentation of the data considered. In the years between independent consultant engagement, the Vice President for Talent and Culture provides comparability analysis of peer 990s and industry-specific salary surveys for the Board's review and consideration. Form 990, Part VI, Line 15b Process to establish compensation of other employees The Executive Committee (Committee) of the organization's Board of Trustees (Board) reviews and approves total compensation of officers: Senior Vice President for Development, Vice President and Chief Financial Officer, and Vice President and General Counsel and key employees: the Chief Investment Officer, Vice President for Talent and Culture, and Vice President and Chief Data Officer. Comparability data for all positions under review is presented to the Committee. The Committee is composed of three members of the Board who are uncompensated volunteers. The President and CEO of the organization is present for a portion of the Committee meeting to present performance and accomplishments of those officers and key employees. The Vice President for Talent and Culture who coordinates with consultants and assists with data is also present for part of the Committee meeting but excused prior to any deliberation about their compensation. None of the other officers or key employees are present for any portion of this discussion. None of the officers, nor key employees are voting members of the Committee or the Board. The discussion, deliberation, and decision for all positions under review by the Committee is recorded in the minutes of the Committee prepared by the President and signed by the Chair of the Committee for presentation and approval at the next meeting of the Committee. The full Board receives an oral report of the Committee meeting from the Chair of the Committee and the Board approves actions taken by the Committee. Every 3-5 years the Foundation engages an outside independent consultant hired to review compensation practices including base and total cash compensation to ensure salaries are comparable to similar organizations and market conditions. A targeted compensation study focusing specifically on compensation within the investments job family was initiated and conducted by independent consultant, Sullivan Cotter, and presented to the Committee in 2022. Most recently the Committee relied on data provided by independent consultant, the QTI Group, who in 2023 conducted a calibration study for officer positions, key employees as well as job categories organization wide. In the years between independent consultant engagement, the Vice President for Talent and Culture provides comparability analysis of peer 990s and industry-specific salary surveys for the Board's review and consideration. Form 990, Part VI, Line 19 Required documents available to the public DOCUMENTS MADE AVAILABLE TO THE PUBLIC: THE ARTICLES OF INCORPORATION FOR THE ORGANIZATION ARE AVAILABLE TO THE PUBLIC ON REQUEST FROM THE OFFICE OF THE SECRETARY OF STATE AND ARE FREQUENTLY REQUESTED AND SUPPLIED IN THE COURSE OF GRANT APPLICATIONS TO PRIVATE FOUNDATIONS AND CORPORATE FOUNDATIONS. THE BYLAWS ARE AVAILABLE ON REQUEST TO THE ORGANIZATION BY MEMBERS OF THE PUBLIC. THE CONFLICT OF INTEREST POLICY IS MAINTAINED WITHIN THE ORGANIZATION'S GENERAL POLICIES AND PROCEDURES AND HAS NOT BEEN PRESENTED TO THE PUBLIC IN ANY MANNER. HOWEVER, IF REQUESTED, THE ORGANIZATION'S CONFLICT OF INTEREST POLICY WOULD BE MADE AVAILABLE TO ANY MEMBER OF THE PUBLIC REQUESTING THIS INFORMATION. THE FOUNDATION PRODUCES AN ANNUAL REPORT WHICH INCLUDES THE STATEMENT OF FINANCIAL POSITION AND STATEMENT OF ACTIVITIES AND CHANGES IN NET ASSETS. THIS REPORT IS MAILED TO MANY DONORS. THE COMPLETE AUDITED FINANCIALS ARE AVAILABLE UPON REQUEST. Form 990, Part XI, Line 9 Other changes in net assets or fund balances Other changes in net assets or fund balances-Loss due to change of donor pledges - -2674892; Total - -2674892; 3L GIGEMLP 1100 GLENDON AVE PH1 LOS ANGELES CA 90024 863859625 PORTFOLIO MANAGEMENT DE TAMF Excluded -42186 7063848 false 0 false 1.0000 ARDIAN INFRASTRUCTURE SECONDARIES REVEILLE 50 LOTHIAN RD FESTIVAL SQUARE EDINBURGH UK UK EH39WJ 981719855 PORTFOLIO MANAGEMENT UK TAMF Excluded -137678 4259149 false 0 false 1.0000 BCP CI OPPORTUNITIES 9859 BIG BEND BLVD FLOOR 2 ST LOUIS MO 63122 934745212 PORTFOLIO MANAGEMENT DE TAMF Excluded -137989 1727692 false 0 false 0.99 ITC TAMF CO-INVEST LP 1 VANDERBILT AVENUE SUITE 2400 NEW YORK NY 10017 921203706 PORTFOLIO MANAGEMENT DE TAMF Excluded -112905 4873551 false 6606 false 1 MP HOWDY LP 2041 ROSECRANS AVE SUITE 359 EL SEGUNDO CA 90245 993894363 PORTFOLIO MANAGEMENT DE TAMF Excluded -14399 2560601 false 0 false 1 PILLAR II-B LP 500 BOYLSTON ST 9TH FLOOR BOSTON MA 02116 832304909 PORTFOLIO MANAGEMENT DE TAMF Excluded -778851 10026520 false 0 false 0.78084 SYSTEM HIGH COINVEST SPV LP 4445 WILLARD AVE SUITE 950 CHEVY CHASE MD 20815 833424310 PORTFOLIO MANAGEMENT DE TAMF Excluded -28391 1469534 false 0 false 0.63252 VPC ONSHORE SPECIALTY FINANCE FUND III LP 150 NORTH RIVERSIDE PLAZA SUITE 5200 CHICAGO IL 60606 843340493 PORTFOLIO MANAGEMENT DE TAMF Excluded 513496 12997596 false 0 false 0.76 CHARITABLE REMAINDER TRUSTS (33) TRUST TX NA Trust false false true false false false false false false false false false false false false false false false false true 3L GIGEM LP B 3037500 BOOK VALUE ARDIAN INFRASTRUCTURE SECONDARIES REVEILLE B 2200000 BOOK VALUE BCP CI OPPORTUNITIES III-1 LP B 1865681 BOOK VALUE ITC TAMF CO-INVEST LP B 150000 BOOK VALUE MP HOWDY LP B 2575000 BOOK VALUE PILLAR II-B LP B 1050000 BOOK VALUE VPC ONSHORE SPECIALTY FINANCE FUND III LP S 423293 BOOK VALUE