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UNIVERSITY OF TEXAS FOUNDATION NO 2 INC

EIN 74-6173027 AUSTIN, TX

Revenue 2024
$425,928
Expenses 2024
$133,104

Program services were 93.1% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

As filed

Subsection
03
Classification
2000
Street
9011 MOUNTAIN RIDGE DR STE 150

These codes are the IRS's own and are shown exactly as filed. What each one means is in the Business Master File documentation (opens in a new tab).

Officers and directors · 2024

As listed in Part VII of the 2024 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.

  • HECTOR DE LEON

    PRESIDENT

    Total calculated
    $0
    Hours/week
    1

  • SHANNON RATLIFF

    VP AND SECRETARY

    Total calculated
    $0
    Hours/week
    1

  • MIKE COOK

    VP AND TREASURER

    Total calculated
    $0
    Hours/week
    1

  • BRUCE RIDEAUX

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • SHERI DESPAIN

    EXECUTIVE DIRECTOR AND CFO

    Total calculated
    $234,198
    From this org
    $0
    From related orgs
    $205,541
    Other
    $28,657
    Hours/week
    1 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $205,541 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0 + $7,169 related
    Nontaxable benefits
    $0 + $21,488 related
    Filer's total
    $0 + $234,198 related

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. Earlier years are each on their own filing page.

Filings

  • 2024
    Revenue
    $425,928
    Expenses
    $133,104
    Contributions
    $0
    Grants paid
    $123,862
  • 2023
    Revenue
    $14,996
    Expenses
    $22,685
    Contributions
    not reported
    Grants paid
    $19,000
  • 2022
    Revenue
    $6,792
    Expenses
    $383
    Contributions
    not reported
    Grants paid
    not reported

The four totals the IRS asks for on Part I of the Form 990, as filed. A dash means the figure was not present on the return — not that it was zero.

Grants made

Where these grants went next →

Grants received

  • MULTIPLIER

    $247,500

    2023 TRANSMISSION SOLUTIONS FOR A CLEAN ENERGY FUTURE

Related organizations

From Schedule R Part II, where a filer lists the tax-exempt organizations it is related to by control. It does not record shared board members or money.

Declared on its 2024 return

Declared as related by

Other IRS files

Auto-Revocation List

Not listed. The IRS publishes this list for organizations whose exemption was automatically revoked for failing to file for three consecutive years.

Publication 78

Listed as of 10 September 2026, under deductibility SOUNK.

These are two separate IRS files on two separate schedules, shown as published and not reconciled with each other. Neither is a statement about whether a contribution is deductible today: 19,245 organizations appear in Publication 78 while the IRS's own revocation file lists them as currently revoked, more than half of those revoked before 2019. Absence from Publication 78 is evidence of nothing, and presence is not evidence either. Verify current status with the IRS before relying on it.