Overview
What is Texas A&M Foundation?
The Texas A&M Foundation is a charitable organization based in College Station, Texas, with a workforce of 192 employees. Their primary mission is to raise funds and manage endowments in support of Texas A&M University's College, School, Institute, Center, and departmental needs and activities. By engaging generosity and vision, they build a brighter future for the university through various non-endowed funds and those generated from endowments. The foundation's role encompasses fundraising and asset management, contributing significantly to Texas A&M University's growth and development.
Official website here: www.txamfoundation.com
Is Texas A&M Foundation legitimate?
Texas A&M Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Texas A&M Foundation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Here are some key statistics you may want to consider:
Executive Compensation: $2,678,459
Professional Fundraising Fees: $1,090
Other Salaries and Wages: $16,299,010
For more financial information, click here
Official website here: www.txamfoundation.com
What is the mission statement of Texas A&M Foundation?
The Texas A&M Foundation works to enhance the future of Texas A&M University by fostering relationships between generosity and vision. Through fundraising and asset management, the foundation raises support and manages endowed gifts for the university. The organization plays a crucial role in addressing the needs of various departments at the university, including colleges, schools, institutes, centers, and programmatic activities. Both non-endowed funds and funds generated from endowments are utilized to provide essential financial backing.
Official website here: www.txamfoundation.com
Who is the CEO of Texas A&M Foundation?
Tyson Voelkel is the Principal Officer of Texas A&M Foundation. The CEO's salary of Texas A&M Foundation is $661,480 and their total compensation is $730,548.
Official website here: www.txamfoundation.com
What is the revenue of Texas A&M Foundation?
Texas A&M Foundation's revenue in 2022 was $302,914,839.
Official website here: www.txamfoundation.com
Who are the executives of Texas A&M Foundation and what are their salaries?
The average compensation at Texas A&M Foundation during 2022 was $98,841. There are 192 employees and 38 volunteers at Texas A&M Foundation.
Here are 17 key members and their salaries (Texas A&M Foundation's CEO's salary is $661,480 and their total compensation is $730,548):
- Tyson T Voelkel (President & Ceo)
- Michael D Pia (Cio)
- James J Palincsar (Sr Vp For Development)
- John A Huser (Vp & Cfo)
- Roy Harvey Ii (Investment Director)
- William L Fusselman (Vp & General Counsel)
- Ross Willmann (Investment Director)
- George Grainger (Asst. Vp, Strategic Planning)
- John C Speier Iv (Vp For Info Svcs & Analytics)
- Timothy A Walton (Asst. Vp, Real Estate Services)
- Louis Paletta (Trustee)
- William Lemmons Jr (Trustee)
- Kathleen M Gibson (Trustee)
- Otway Denny Jr (Trustee)
- George N Harris Jr (Trustee)
- Dan Allen Hughes Jr (Trustee)
- Gina Luna (Trustee)
Official website here: www.txamfoundation.com
Where can I find the form 990 for Texas A&M Foundation?
The Texas A&M Foundation’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.txamfoundation.com
Learn more at the official website: www.txamfoundation.com
Mission Statement of Texas A&M Foundation
The Texas A&M Foundation plays a crucial role in supporting Texas A&M University at College Station by raising funds and managing endowments. In pursuance of this mission, the organization builds a brighter future for the university one relationship at a time, bringing together generosity and vision. By providing essential funds to the university's colleges, schools, institutes, centers, and programmatic departmental needs and activities, the Texas A&M Foundation makes a significant impact. This support comes through both non-endowed funds and those generated from endowments. Through its departmental funding initiatives, the foundation ensures that the university has the resources it needs to thrive and excel in its academic endeavors.
Impact
This information is meant to be a general summary of Texas A&M Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
The Texas A&M Foundation's impact lies in its ability to significantly support Texas A&M University in College Station. By engaging in fundraising and asset management activities, the Foundation plays a crucial role in providing essential financial resources to the university's various departments, colleges, schools, institutes, and programs. Through both non-endowed funds and funds generated from endowments, the Foundation helps meet the operational and programmatic needs of the university.
Additionally, the Foundation's mission to build a brighter future for Texas A&M University through cultivating relationships, generosity, and vision reinforces its commitment to advancing the university's goals and aspirations. By uniting individuals' philanthropic contributions with the university's strategic vision, the Texas A&M Foundation plays a vital role in ensuring the long-term success and sustainability of the institution.
Through its focused efforts on fundraising and managing endowed gifts, the Foundation directly contributes to enhancing the quality of education and research opportunities at Texas A&M University, ultimately benefiting students, faculty, and the broader community.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Assets and Liabilities:
Organization Details
Founding Year
1953
Phone
(979) 845-8161
Principal Officer
Tyson Voelkel
Main Address
401 George Bush Drive, College Station, TX, 778402811
Website
www.txamfoundation.com
NTEE Category
Code: B11 - Education
If you are a representative of Texas A&M Foundation and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.