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Nonprofiteer
← TEXAS A&M FOUNDATION

Form 990 for tax year 2022

Filed by TEXAS A&M FOUNDATION.

Totals

Total revenue
$293,348,517
Total expenses
$223,612,881
Contributions and grants received
$146,530,872
Grants paid
$159,033,323
Program services expenses (Part IX)
$159,085,186
Management and general expenses
$39,110,920
Fundraising expenses
$25,416,775
Program service expenses (Part III)
$159,085,186

Program services were 71.1% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Listed in Part VII

  • TYSON T VOELKEL

    PRESIDENT & CEO

    Total calculated
    $1,035,983
    From this org
    $962,250
    From related orgs
    $0
    Other
    $73,733
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $536,079
    Bonus
    $413,110
    Other
    $13,061
    Deferred
    $51,278
    Nontaxable benefits
    $22,455
    Filer's total
    $1,035,983

  • MICHAEL D PIA

    CIO

    Total calculated
    $985,089
    From this org
    $904,219
    From related orgs
    $0
    Other
    $80,870
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $411,447
    Bonus
    $489,460
    Other
    $3,312
    Deferred
    $58,415
    Nontaxable benefits
    $22,455
    Filer's total
    $985,089

  • JOHN A HUSER

    VP & CFO

    Total calculated
    $526,904
    From this org
    $453,115
    From related orgs
    $0
    Other
    $73,789
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $318,426
    Bonus
    $125,917
    Other
    $8,772
    Deferred
    $51,334
    Nontaxable benefits
    $22,455
    Filer's total
    $526,904

  • JAMES J PALINCSAR

    SR VP FOR DEVELOPMENT

    Total calculated
    $518,471
    From this org
    $475,388
    From related orgs
    $0
    Other
    $43,083
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $206,920
    Bonus
    $174,936
    Other
    $93,532
    Deferred
    $31,336
    Nontaxable benefits
    $11,747
    Filer's total
    $518,471

  • ROSS WILLMANN

    INVESTMENT DIRECTOR

    Total calculated
    $437,512
    From this org
    $386,264
    From related orgs
    $0
    Other
    $51,248
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $237,153
    Bonus
    $142,175
    Other
    $6,936
    Deferred
    $40,860
    Nontaxable benefits
    $10,388
    Filer's total
    $437,512

  • WILLIAM L FUSSELMAN

    VP & GENERAL COUNSEL

    Total calculated
    $372,325
    From this org
    $311,760
    From related orgs
    $0
    Other
    $60,565
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $211,981
    Bonus
    $96,899
    Other
    $2,880
    Deferred
    $38,110
    Nontaxable benefits
    $22,455
    Filer's total
    $372,325

  • JOHN C SPEIER IV

    VP FOR INFO SVCS & ANALYTICS

    Total calculated
    $332,863
    From this org
    $274,425
    From related orgs
    $0
    Other
    $58,438
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $200,594
    Bonus
    $73,291
    Other
    $540
    Deferred
    $35,983
    Nontaxable benefits
    $22,455
    Filer's total
    $332,863

  • TIMOTHY WALTON

    VP FOR REAL ESTATE SERVICES

    Total calculated
    $286,835
    From this org
    $242,900
    From related orgs
    $0
    Other
    $43,935
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $199,582
    Bonus
    $40,996
    Other
    $2,322
    Deferred
    $33,746
    Nontaxable benefits
    $10,189
    Filer's total
    $286,835

  • MICHAEL BOTTIGLIERI

    VP FOR ENGAGEMENT

    Total calculated
    $279,976
    From this org
    $246,826
    From related orgs
    $0
    Other
    $33,150
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $196,593
    Bonus
    $47,911
    Other
    $2,322
    Deferred
    $33,150
    Nontaxable benefits
    $0
    Filer's total
    $279,976

  • CHASTITY CARRIGAN

    VP FOR ENGAGEMENT

    Total calculated
    $279,309
    From this org
    $236,621
    From related orgs
    $0
    Other
    $42,688
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $191,647
    Bonus
    $41,662
    Other
    $3,312
    Deferred
    $32,300
    Nontaxable benefits
    $10,388
    Filer's total
    $279,309

  • MICHELE A MOBLEY

    TRUSTEE

    Total calculated
    $0
    Hours/week
    3

  • DAN ALLEN HUGHES JR

    TRUSTEE

    Total calculated
    $0
    Hours/week
    3

  • KATHLEEN M GIBSON

    TRUSTEE

    Total calculated
    $0
    Hours/week
    3

  • WILLIAM LEMMONS JR

    TRUSTEE

    Total calculated
    $0
    Hours/week
    3

  • LOUIS PALETTA

    TRUSTEE

    Total calculated
    $0
    Hours/week
    3

  • GINA LUNA

    TRUSTEE

    Total calculated
    $0
    Hours/week
    3

  • GEORGE N HARRIS JR

    TRUSTEE

    Total calculated
    $0
    Hours/week
    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 — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 1a · Health or social club dues or initiation fees
  • 2 · Substantiation required before reimbursing expenses
  • 3 · Compensation committee
  • 3 · Independent compensation consultant
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee
  • 7 · Other non-fixed payments

Answered no

  • 1b · Written policy on the line-1a expenses
  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

SCHEDULE J, PART I, LINE 1A
SOCIAL CLUB DUES ARE PAID BY TEXAS A&M FOUNDATION AND ARE REPORTED AS TAXABLE FRINGE BENEFITS ON APPLICABLE FORM W2 FOR TYSON VOELKEL, JAMES PALINCSAR, JOHN HUSER, WILLIAM FUSSELMAN, MICHAEL PIA, ROSS WILLMANN, AND CHASITY CARRIGAN.
SCHEDULE J, PART I, LINE 1B
THE BOARD SPECIFICALLY APPROVED THE SOCIAL CLUB DUES FRINGE BENEFIT FOR PRESIDENT & CEO, VP & CFO, VP & GENERAL COUNSEL, SR VP FOR DEVELOPMENT, VP FOR ENGAGEMENT, CIO AND INVESTMENT DIRECTOR ROLES.
SCHEDULE J, PART I, LINE 7
THESE EMPLOYEES RECEIVED MERIT AWARDS FOR ACCOMPLISHMENTS TOWARDS STRATEGIC PRIORITIES AND SIGNIFICANT WORK PERFORMANCE DETERMINED IN THE COURSE OF AN ANNUAL PERFORMANCE REVIEW AND THIS WAS INCLUDED IN REPORTED COMPENSATION. THESE INDIVIDUALS WERE NOT PRESENT DURING DISCUSSION RELATED TO THEIR COMPENSATION. THESE AWARD AMOUNTS WERE DETERMINED AND CALIBRATED BY EXECUTIVE STAFF USING FACTORS SUCH AS THE IMPACTFUL PERFORMANCE OUTCOMES, EXTRA EFFORT EXTENDED, AND SIGNIFICANT CONTRIBUTIONS TO MISSION. MERIT AWARDS ARE AVAILABLE AND AWARDED AS APPLICABLE TO ANY STAFF MEMBERS OF TEXAS A&M FOUNDATION. TIMOTHY WALTON - $7,500 JOHN C. SPEIER - $20,000 THESE EMPLOYEES RECEIVED YEARS OF SERVICE MONETARY AWARDS THAT WERE INCLUDED AND REPORTED IN COMPENSATION. YEARS OF SERVICE AWARDS ARE MADE TO ALL STAFF MEMBERS OF TEXAS A&M FOUNDATION AS CERTAIN MILESTONES ARE ACHIEVED. JOHN C. SPEIER - $200 TIMOTHY WALTON - $300 THE COMPENSATION COMMITTEE WITH APPROVAL BY THE BOARD OF TRUSTEES AWARDED THESE EXECUTIVES BONUSES IN RECOGNITION OF SIGNIFICANT STRATEGIC ACCOMPLISHMENTS. THIS WAS INCLUDED IN REPORTED COMPENSATION. THESE INDIVIDUALS WERE NOT PRESENT DURING THE DETERMINATION MADE BY THE COMMITTEE. TYSON VOELKEL - $200,000 JAMES PALINCSAR - $50,000 WILLIAM FUSSELMAN - $10,000

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

Provenance

Return type
form_990
Tax year
2022
Filed
15 May 2024
IRS schema version
2022v5.0
Source object
202431219349302578

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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