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Nonprofiteer
← TEXAS A&M FOUNDATION

Form 990 for tax year 2024

Filed by TEXAS A&M FOUNDATION.

Totals

Total revenue
$433,941,574
Total expenses
$241,581,065
Contributions and grants received
$260,704,826
Grants paid
$163,919,569
Program services expenses (Part IX)
$163,920,813
Management and general expenses
$48,574,086
Fundraising expenses
$29,086,166
Program service expenses (Part III)
$163,920,813

Program services were 67.9% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Listed in Part VII

  • DAN ALLEN HUGHES JR

    TRUSTEE

    Total calculated
    $0
    Hours/week
    3

  • DAVID DUNLAP

    TRUSTEE

    Total calculated
    $0
    Hours/week
    3

  • GEORGE N HARRIS JR

    TRUSTEE

    Total calculated
    $0
    Hours/week
    3

  • GINA LUNA

    TRUSTEE

    Total calculated
    $0
    Hours/week
    3

  • MICHELE A MOBLEY

    TRUSTEE

    Total calculated
    $0
    Hours/week
    3

  • WAYNE ROBERTS

    TRUSTEE

    Total calculated
    $0
    Hours/week
    3

  • WILLIAM LEMMONS JR

    TRUSTEE

    Total calculated
    $0
    Hours/week
    3

  • JOHN A HUSER

    VP & CFO

    Total calculated
    $583,793
    From this org
    $505,941
    From related orgs
    $0
    Other
    $77,852
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $363,748
    Bonus
    $132,612
    Other
    $9,581
    Deferred
    $57,429
    Nontaxable benefits
    $20,423
    Filer's total
    $583,793

  • JOHN MORRIS

    SR VP DEVELOPMENT

    Total calculated
    $699,170
    From this org
    $609,260
    From related orgs
    $0
    Other
    $89,910
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $416,143
    Bonus
    $184,402
    Other
    $8,715
    Deferred
    $66,119
    Nontaxable benefits
    $23,791
    Filer's total
    $699,170

  • TYSON T VOELKEL

    PRESIDENT & CEO

    Total calculated
    $1,392,275
    From this org
    $1,308,356
    From related orgs
    $0
    Other
    $83,919
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $643,926
    Bonus
    $650,000
    Other
    $14,430
    Deferred
    $59,846
    Nontaxable benefits
    $24,073
    Filer's total
    $1,392,275

  • WILLIAM L FUSSELMAN

    VP & GENERAL COUNSEL

    Total calculated
    $405,127
    From this org
    $337,201
    From related orgs
    $0
    Other
    $67,926
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $243,017
    Bonus
    $90,213
    Other
    $3,971
    Deferred
    $44,200
    Nontaxable benefits
    $23,726
    Filer's total
    $405,127

  • JOHN C SPEIER IV

    VP & CHIEF DATA OFFICER

    Total calculated
    $358,728
    From this org
    $291,510
    From related orgs
    $0
    Other
    $67,218
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $239,120
    Bonus
    $51,550
    Other
    $840
    Deferred
    $42,925
    Nontaxable benefits
    $24,293
    Filer's total
    $358,728

  • MICHAEL D PIA

    CHIEF INVESTMENT OFFICER

    Total calculated
    $1,323,125
    From this org
    $1,240,963
    From related orgs
    $0
    Other
    $82,162
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $546,759
    Bonus
    $689,063
    Other
    $5,141
    Deferred
    $58,260
    Nontaxable benefits
    $23,902
    Filer's total
    $1,323,125

  • ANDREW HILL

    ASST DIRECTOR INVESTMENTS

    Total calculated
    $340,120
    From this org
    $295,416
    From related orgs
    $0
    Other
    $44,704
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $201,793
    Bonus
    $92,813
    Other
    $810
    Deferred
    $34,057
    Nontaxable benefits
    $10,647
    Filer's total
    $340,120

  • BLAKE MCDONALD

    ASST DIRECTOR INVESTMENTS

    Total calculated
    $330,112
    From this org
    $284,945
    From related orgs
    $0
    Other
    $45,167
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $193,313
    Bonus
    $91,200
    Other
    $432
    Deferred
    $33,377
    Nontaxable benefits
    $11,790
    Filer's total
    $330,112

  • CHASTITY CARRIGAN

    VP FOR DEVELOPMENT

    Total calculated
    $367,966
    From this org
    $314,478
    From related orgs
    $0
    Other
    $53,488
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $253,654
    Bonus
    $56,911
    Other
    $3,913
    Deferred
    $42,783
    Nontaxable benefits
    $10,705
    Filer's total
    $367,966

  • ROSS WILLMANN

    INVESTMENT DIRECTOR

    Total calculated
    $515,380
    From this org
    $456,400
    From related orgs
    $0
    Other
    $58,980
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $282,949
    Bonus
    $165,900
    Other
    $7,551
    Deferred
    $48,450
    Nontaxable benefits
    $10,530
    Filer's total
    $515,380

  • TIM WALTON

    ASST VP REAL ESTATE SVCS

    Total calculated
    $299,587
    From this org
    $252,883
    From related orgs
    $0
    Other
    $46,704
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $213,213
    Bonus
    $37,348
    Other
    $2,322
    Deferred
    $36,057
    Nontaxable benefits
    $10,647
    Filer's total
    $299,587

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
  • 1b · Written policy on the line-1a expenses
  • 2 · Substantiation required before reimbursing expenses
  • 3 · Compensation committee
  • 3 · Independent compensation consultant
  • 3 · Form 990 of other organizations
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception
  • 9 · Followed the rebuttable-presumption procedure

Answered no

  • 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

The filer's explanations (Part III)

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.

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
2024
Filed
11 May 2026
IRS schema version
2024v5.1
Source object
202601319349304565

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