MCCOMBS SCHOOL OF BUSINESS FOUNDATION

As filed

Subsection

03

NTEE code

B114

Classification

1200

Street

UNIVERSITY OF AUSTIN TX GSB-2104 G

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).

Mission and programs · 2024

• The Foundation is contracted by various organizations to design, develop and implement customized training programs. McCombs School of Business faculty members are actively involved in Texas Executive Education; many of the most experienced teach in the Foundation's custom programs. In addition, as appropriate, the Foundation calls upon professors in other schools and colleges of The University of Texas (The University) to help construct and participate in custom programs, including Communications, Engineering, Law, Information, and Public Administration.

  Expenses $14,448,440 · Revenue $21,835,901

• Faculty, student, and administrative support to The University of Texas McCombs School of Business.

  Expenses $6,785,988 · Grants $6,268,558 · Revenue $532,907

As filed on the 2024 return.

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.

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. 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

  $24,584,780

  Expenses

  $24,879,853

  Contributions

  $225,791

  Grants paid

  $6,268,558

• 2023

  Revenue

  $25,547,590

  Expenses

  $21,927,595

  Contributions

  $99,138

  Grants paid

  $1,081,157

• 2022

  Revenue

  $23,706,118

  Expenses

  $21,529,369

  Contributions

  $134,512

  Grants paid

  $1,121,800

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.

Other returns filed

• 2024 · 990-T

  Revenue

  — not reported

  Expenses

  — not reported

  Assets (EOY)

  — not reported

• 2023 · 990-T

  Revenue

  — not reported

  Expenses

  — not reported

  Assets (EOY)

  — not reported

• 2022 · 990-T

  Revenue

  — not reported

  Expenses

  — not reported

  Assets (EOY)

  — not reported

• 2021 · 990

  Revenue

  $22,104,971

  Expenses

  $21,611,298

  Assets (EOY)

  $42,368,120

• 2020 · 990

  Revenue

  $20,383,837

  Expenses

  $20,161,218

  Assets (EOY)

  $43,764,563

• 2019 · 990

  Revenue

  $20,538,867

  Expenses

  $16,244,012

  Assets (EOY)

  $39,879,869

• 2018 · 990

  Revenue

  $13,100,408

  Expenses

  $9,525,148

  Assets (EOY)

  $34,960,482

• 2017 · 990

  Revenue

  $9,558,037

  Expenses

  $7,764,682

  Assets (EOY)

  $29,963,604

• 2016 · 990

  Revenue

  $8,451,848

  Expenses

  $5,597,059

  Assets (EOY)

  $27,133,050

• 2015 · 990

  Revenue

  $7,411,523

  Expenses

  $6,232,617

  Assets (EOY)

  $23,779,318

Nonprofiteer parses Forms 990, 990-EZ and 990-PF, in a window of recent tax years. These returns are recorded from the IRS e-file index, so their figures were extracted by that index rather than read from the return here — treat them as a different source from the filings above, not as more of the same record. A dash means the index carries no figure; Form 990-T listings carry none at all. Showing the 10 most recent; the API carries the rest.

Grants made

• The University of Texas

  $5,401,904

  2024 · Renovations, AIM Center, and Other

• Ex-Students Assoc of UT

  $866,654

  2024 · Scholarships

• Ex-Students Assoc of UT

  $824,261

  2023 · Scholarships

• Ex-Students Assoc of UT

  $820,000

  2022 · Scholarships

• The University of Texas

  $301,800

  2022 · AIM Center & Other Purposes

• The University of Texas

  $256,896

  2023 · AIM Center & Other Purposes

Where these grants went next →

Grants received

• DONOR ADVISED CHARITABLE GIVING

  $54,650

  2022 · EDUCATION

• NATIONAL PHILANTHROPIC TR

  $40,000

  2022 · EDUCATION

• DONOR ADVISED CHARITABLE GIVING

  $31,300

  2024 · EDUCATION

• VANGUARD CHARITABLE ENDOWMENT PROGRAM

  $31,300

  2022 · FOR RECIPIENT'S EXEMPT PURPOSE

• DONOR ADVISED CHARITABLE GIVING

  $28,400

  2023 · EDUCATION

• NATIONAL PHILANTHROPIC TR

  $20,000

  2023 · RELIGION

• COMMUNITY FOUNDATION OF NORTH TEXAS

  $10,000

  2023 · FOR THE MCCOMBS SCHOOL OF BUSINESS

• AUSTIN COMMUNITY FOUNDATION

  $10,000

  2023 · DEAN'S ADVISORY COUNCIL CONTRIBUTION

• THE BLACKBAUD GIVING FUND

  $8,960

  2022 · GENERAL SUPPORT

• AMERICAN ONLINE GIVING FOUNDATION INC

  $8,275

  2022 · GENERAL SUPPORT

The 10 largest by cash amount. The API serves every itemized grant.

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.

Taxable family

From Schedule R Parts I, III and IV: entities that legally are the filer, and taxable partnerships, corporations and trusts it is related to. These record ownership and control, not shared board members or money.

Other IRS files