Form 990 for tax year 2024
Filed by TEXAS STATE UNIVERSITY DEVELOPMENT FOUNDATION.
Totals
- Total revenue
- $18,867,222
- Total expenses
- $7,085,627
- Contributions and grants received
- $6,884,221
- Grants paid
- $5,720,683
- Program service revenue
- $0
- Investment income
- $11,923,485
- Other revenue
- $59,516
- Total assets, end of year
- $145,219,396
- Total liabilities, end of year
- $824,102
- Net assets or fund balances, end of year
- $144,395,294
- Program services expenses (Part IX)
- $5,720,683
- Management and general expenses
- $776,560
- Fundraising expenses
- $588,384
- Program service expenses (Part III)
- $5,720,683
Program services were 80.7% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1f · All other contributions, gifts and grants
$6,884,221
-
1g · Noncash contributions included above
$1,103,784
-
3 · Investment income
total $1,729,531 · excluded $1,729,531
-
5 · Royalties
total $59,516 · excluded $59,516
-
7a · Gross sales of assets other than inventory
securities $20,120,431
-
7b · Less cost or other basis and sales expenses
securities $9,926,477
-
7c · Gain or loss
securities $10,193,954
-
7d · Net gain or loss
total $10,193,954 · excluded $10,193,954
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $5,720,683 · program services $5,720,683
-
11b · Fees: legal
total $198,182 · management and general $198,182
-
11c · Fees: accounting
total $21,090 · management and general $21,090
-
11e · Fees: professional fundraising services
total $80,493 · fundraising $80,493
-
13 · Office expenses
total $32,374 · management and general $32,374
-
14 · Information technology
total $17,554 · management and general $17,554
-
19 · Conferences, conventions and meetings
total $2,783 · management and general $2,783
-
24a · Other expenses: ALLOCATED SERVICES
total $523,129 · management and general $355,643 · fundraising $167,486
-
24b · Other expenses: FUNDRAISING
total $340,405 · fundraising $340,405
-
24c · Other expenses: BOARD EXPENSES
total $148,934 · management and general $148,934
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
end of year $177,612
-
2 · Savings and temporary cash investments
beginning of year $4,405,354 · end of year $2,425,446
-
3 · Pledges and grants receivable
beginning of year $2,304,951 · end of year $4,313,133
-
4 · Accounts receivable
end of year $535,055
-
10a · Land, buildings and equipment: cost or other basis
$21,822
-
10b · Land, buildings and equipment: accumulated depreciation
$21,822
-
10c · Land, buildings and equipment, net
beginning of year $0 · end of year $0
-
11 · Investments: publicly traded securities
beginning of year $68,842,274 · end of year $85,151,322
-
12 · Investments: other securities
beginning of year $54,591,350 · end of year $52,616,828
-
17 · Accounts payable and accrued expenses
beginning of year $1,140,485 · end of year $507,242
-
25 · Other liabilities
beginning of year $275,336 · end of year $316,860
-
27 · Net assets without donor restrictions
beginning of year $1,160,472 · end of year $1,183,682
-
28 · Net assets with donor restrictions
beginning of year $127,567,636 · end of year $143,211,612
Mission and programs · 2024
Mission
TO SUPPORT AND FURTHER THE MISSION OF TEXAS STATE UNIVERSITY THROUGH THE ACCEPTANCE AND INVESTMENT OF GIFTS ESTABLISHED AS ENDOWMENTS BENEFITING THE STUDENTS, FACULTY AND STAFF.
Activities or mission (Part I)
ACCEPTING AND INVESTING GIFTS ESTABLISHED AS ENDOWMENTS BENEFITING THE MISSION OF TEXAS STATE UNIVERSITY.
-
THE ORGANIZATION INVESTS AND ADMINISTERS FUNDS, CONDUCTS DEVELOPMENT EFFORTS AND WORKS WITH GROUPS WHICH EXPRESS AN INTEREST IN FUND-RAISING EFFORTS, ALL FOR THE BENEFIT OF TEXAS STATE UNIVERSITY.
Expenses $5,720,683 · Grants $5,720,683
As filed on the 2024 return.
Listed in Part VII
-
Christopher MitchellCHRISTOPHER MITCHELL
CHAIR
- Total calculated
- $0
- Hours/week
- 0.3
-
Michal WaechterMICHAL WAECHTER
VICE CHAIR
- Total calculated
- $0
- Hours/week
- 0.3
-
Venton Lee Doughtie IIIVENTON LEE DOUGHTIE III
TREASURER
- Total calculated
- $0
- Hours/week
- 0.3
-
Vilma LunaVILMA LUNA
SECRETARY
- Total calculated
- $0
- Hours/week
- 0.3
-
Brad NationsBRAD NATIONS
BOARD DEVELOPMENT CHAIR
- Total calculated
- $0
- Hours/week
- 0.3
-
Andrae TurnerANDRAE TURNER
AUDIT & FINANCE COMMITTEE CHAIR
- Total calculated
- $0
- Hours/week
- 0.3
-
Steven HarveySTEVEN HARVEY
INVESTMENT COMMITTEE CHAIR
- Total calculated
- $0
- Hours/week
- 0.3
-
Ronnye CowellRONNYE COWELL
PAST CHAIR
- Total calculated
- $0
- Hours/week
- 0.3
-
Justin AppersonJUSTIN APPERSON
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0.3
-
Virginia Barlow MDVIRGINIA BARLOW MD
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0.3
-
Matthew Matt CaireMATTHEW MATT CAIRE
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0.3
-
Jodi EdgarJODI EDGAR
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0.3
-
Leslie FosslerLESLIE FOSSLER
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0.3
-
Brian FrancisBRIAN FRANCIS
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0.3
-
Richard GarciaRICHARD GARCIA
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0.3
-
Sergio Serge Garcia PhDSERGIO SERGE GARCIA PHD
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0.3
-
Susan GarciaSUSAN GARCIA
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0.3
-
Bryan GatesBRYAN GATES
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0.3
-
Ernest Jay HornERNEST JAY HORN
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0.3
-
Pamela Pam HuewittPAMELA PAM HUEWITT
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0.3
-
Carrie HurtCARRIE HURT
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0.3
-
Stephen Steve IsonSTEPHEN STEVE ISON
BOARD DEVELOPMENT VICE CHAIR
- Total calculated
- $0
- Hours/week
- 0.3
-
Dauphen JacksonDAUPHEN JACKSON
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0.3
-
Jay JanecekJAY JANECEK
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0.3
-
Alex KakhnovetsALEX KAKHNOVETS
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0.3
-
Donald Don KinnettDONALD DON KINNETT
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0.3
-
Adam LaubachADAM LAUBACH
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0.3
-
Christina LunaCHRISTINA LUNA
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0.3
-
Alan MannALAN MANN
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0.3
-
Wesley MelcherWESLEY MELCHER
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0.3
-
Jonathan NelsonJONATHAN NELSON
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0.3
-
Jon David JD PerezJON DAVID JD PEREZ
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0.3
-
Anthony Tony RidoutANTHONY TONY RIDOUT
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0.3
-
Christian RundbergCHRISTIAN RUNDBERG
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0.3
-
Kristin ScholerKRISTIN SCHOLER
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0.3
-
Wanda SdaoWANDA SDAO
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0.3
-
Ernesto SilvaERNESTO SILVA
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0.3
-
Mabel SimpsonMABEL SIMPSON
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0.3
-
Bruce SmithBRUCE SMITH
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0.3
-
Karen SoefjeKAREN SOEFJE
AUDIT & FINANCE VICE CHAIR
- Total calculated
- $0
- Hours/week
- 0.3
-
Raymond Lance SpruiellRAYMOND LANCE SPRUIELL
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0.3
-
Plinio Joey TrevinoPLINIO JOEY TREVINO
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0.3
-
John TurnerJOHN TURNER
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0.3
-
Gerardo Jerry VillegasGERARDO JERRY VILLEGAS
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0.3
-
Bradley WestmorelandBRADLEY WESTMORELAND
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0.3
-
Pamela Wills-WardPAMELA WILLS-WARD
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 0.3
-
Elizabeth NashELIZABETH NASH
HONORARY LIFE MEMBERS
- Total calculated
- $0
- Hours/week
- 0.3
-
James Pendergast JrJAMES PENDERGAST JR
HONORARY LIFE MEMBERS
- Total calculated
- $0
- Hours/week
- 0.3
-
Dr Kelly DamphousseDR KELLY DAMPHOUSSE
PRESIDENT
- Total calculated
- $0
- Hours/week
- 0.3
-
Dr Pranesh AswathDR PRANESH ASWATH
PROVOST & EXECUTIVE VP
- Total calculated
- $0
- Hours/week
- 0.3
-
Eric AlgoeERIC ALGOE
EXECUTIVE VP FOR OPERATIONS/CFO
- Total calculated
- $0
- Hours/week
- 0.3
-
Brooks HullBROOKS HULL
EXECUTIVE DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.3
-
Tamara CorbierTAMARA CORBIER
MANAGING DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.3
-
Amy EmshoffAMY EMSHOFF
BUSINESS MANAGER
- Total calculated
- $0
- Hours/week
- 0.3
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
-
TEXAS STATE UNIVERSITY
$2,618,214
SCHOLARSHIPS FOR STUDENTS
-
TEXAS STATE UNIVERSITY
$2,602,469
UNIVERSITY ADVANCEMENT
-
TO SUPPORT THE RESEARCH OF ENDANGERED TOADS
Provenance
- Return type
- form_990
- Tax year
- 2024
- Filed
- 5 February 2026
- IRS schema version
- 2024v5.5
- Source object
- 202640369349300219
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