Skip to content
Nonprofiteer
← TEXAS HILL COUNTRY HIGHER EDUCATION DEVELOPMENT FOUNDATION

Form 990 for tax year 2024

Filed by TEXAS HILL COUNTRY HIGHER EDUCATION DEVELOPMENT FOUNDATION.

Totals

Total revenue
$6,661,745
Total expenses
$132,987
Contributions and grants received
$91,290
Grants paid
$0
Program service revenue
$0
Investment income
$6,850,638
Other revenue
-$280,183
Total assets, end of year
$12,525,649
Total liabilities, end of year
$7,748
Net assets or fund balances, end of year
$12,517,901
Program services expenses (Part IX)
$128,098
Management and general expenses
$4,889
Fundraising expenses
$0
Program service expenses (Part III)
$128,098

Program services were 96.3% 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

    $91,290

  • 3 · Investment income

    total $215,530 · related or exempt $215,530

  • 6a · Gross rents

    real property $11,775

  • 6b · Less rental expenses

    real property $331,129

  • 6c · Rental income or loss

    real property -$319,354

  • 6d · Net rental income or loss

    total -$319,354 · related or exempt -$319,354

  • 7a · Gross sales of assets other than inventory

    other assets $10,500,000

  • 7b · Less cost or other basis and sales expenses

    other assets $3,864,892

  • 7c · Gain or loss

    other assets $6,635,108

  • 7d · Net gain or loss

    total $6,635,108 · related or exempt $6,635,108

  • 8a · Fundraising events: gross income

    $129,106

  • 8b · Fundraising events: direct expenses

    $89,935

  • 8c · Net income from fundraising events

    total $39,171

Functional expenses

Part IX, the statement of functional expenses.

  • 7 · Other salaries and wages

    total $74,410 · program services $74,410

  • 10 · Payroll taxes

    total $5,692 · program services $5,692

  • 11b · Fees: legal

    total $1,470 · program services $1,470

  • 11c · Fees: accounting

    total $7,494 · program services $7,494

  • 11g · Fees: other

    total $8,795 · program services $8,795

  • 12 · Advertising and promotion

    total $8,475 · program services $8,475

  • 13 · Office expenses

    total $300 · program services $300

  • 24a · Other expenses: COMPUTER SUPPORT

    total $6,954 · program services $6,954

  • 24b · Other expenses: TELEPHONE/INTERNET

    total $5,682 · program services $5,682

  • 24c · Other expenses: INVESTMENT FEES

    total $4,889 · management and general $4,889

  • 24d · Other expenses: SUPPLIES

    total $2,582 · program services $2,582

  • 24e · All other expenses

    total $6,244 · program services $6,244

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $164,798 · end of year $93,666

  • 2 · Savings and temporary cash investments

    beginning of year $32,629 · end of year $10,920,242

  • 9 · Prepaid expenses and deferred charges

    beginning of year $19,688 · end of year $10,045

  • 10c · Land, buildings and equipment, net

    beginning of year $4,042,262

  • 11 · Investments: publicly traded securities

    beginning of year $1,576,884 · end of year $1,450,937

  • 15 · Other assets

    beginning of year $48,500 · end of year $50,759

  • 17 · Accounts payable and accrued expenses

    beginning of year $7,804 · end of year $504

  • 25 · Other liabilities

    beginning of year $24,721 · end of year $7,244

  • 27 · Net assets without donor restrictions

    beginning of year $5,067,477 · end of year $12,517,901

  • 28 · Net assets with donor restrictions

    beginning of year $784,759

Mission and programs · 2024

Mission

THE ORGANIZATION'S MISSION IS TO SUPPORT THE DEVELOPMENT AND SUSTAINABILITY OF PUBLIC HIGHER EDUCATION OPPORTUNITIES IN THE HILL COUNTRY OF TEXAS.

  • TO SUPPORT THE DEVELOPMENT AND SUSTAINABILITY OF PUBLIC HIGHER EDUCATION OPPORTUNITIES IN THE HILL COUNTRY OF TEXAS.

    Expenses $128,098

As filed on the 2024 return.

Listed in Part VII

  • J Thomas Hutton

    CHAIRMAN

    Total calculated
    $0
    Hours/week
    1

  • Brad Hardin

    PAST TREASUR

    Total calculated
    $0
    Hours/week
    1

  • Dave Campbell

    PAST CHAIRMA

    Total calculated
    $0
    Hours/week
    0.5

  • Jim Franer

    TREASURER

    Total calculated
    $0
    Hours/week
    0.5

  • Trudy Hutton

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5

  • Joe Mirsky

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5

  • Lori Maxcey

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5

  • Ray Hawkins

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5

  • Patrick Moore

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5

  • Marc Williamson

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.5

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

No itemized grants to organizations on this return.

Provenance

Return type
form_990
Tax year
2024
Filed
12 November 2025
IRS schema version
2024v5.0
Source object
202503189349310920

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

The source document this was parsed from is served over the API, which is where bulk and document access live.