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Texas Tech Foundation Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 756043842 ✦ Lubbock, TX ✦ Designated as a 501(c)(3)

Overview

What is Texas Tech Foundation Inc?

Texas Tech Foundation Inc is a nonprofit organization dedicated to advocating for the success of Texas Tech University System. By positioning the institution as a distinguished entity, they raise funds for the universities and health sciences centers within the system. The Foundation is responsible for the acceptance, investment, and distribution of these gifts to benefit the TTU System. Through their stewardship of funds and dedication to donor care, they contribute significantly to the growth and development of Texas Tech University System.


Official website here: www.give2tech.com/foundation

Is Texas Tech Foundation Inc legitimate?

Texas Tech Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Texas Tech Foundation Inc 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.give2tech.com/foundation

What is the mission statement of Texas Tech Foundation Inc?

The Texas Tech Foundation Inc serves as an advocate for the success of Texas Tech University System. It strives to elevate the institution's reputation and status. A key aspect of its mission is to secure funds on behalf of the universities and health sciences centers within the system. The Foundation takes care of the donations it receives, acting as a steward to ensure their proper use and care for the donors.


Official website here: www.give2tech.com/foundation

Who is the CEO of Texas Tech Foundation Inc?

Patrick Kramer is the Chairman of Texas Tech Foundation Inc. The CEO's salary of Texas Tech Foundation Inc is $0 and their total compensation is $375,694.


Official website here: www.give2tech.com/foundation

What is the revenue of Texas Tech Foundation Inc?

Texas Tech Foundation Inc's revenue in 2022 was $125,336,972.


Official website here: www.give2tech.com/foundation

Who are the executives of Texas Tech Foundation Inc and what are their salaries?

Here are 37 key members and their salaries (Texas Tech Foundation Inc's CEO's salary is $0 and their total compensation is $375,694):

    Gary Barnes (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $375,508
  • Other: $39,376

    • Patrick Kramer (Chief Executive Officer) [Trustee/Director]
  • Compensation: $0
  • Related: $341,313
  • Other: $34,381

    • Tim G Culp (Chairman) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tim Lancaster (Vice Chairman) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kimberly C Ford (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Steve Gray (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • J Pat Hickman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • James Keffer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tom Mathiasmeier (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • George Mcmahan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Michael F Owen Md (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jack Rentz (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • David Segrest (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jim Skinner (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tom Stacy (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ben Stribling (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Robert Taylor Jr (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Leslie Ward (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Clay Cash (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dennis Kruse (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Randy Morris (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Christi Quinn (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Lea Wright (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Bradley Bouma (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kyle Mcgraw (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Holland O'Neal (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ben Strickling (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Scott Wisniewski (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dory Wiley (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Cherry Wright (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • David Alderson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Walt Cathey (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Robert L Duncan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Thomas Nelson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Juan Nevarez (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Barry Street (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Tim Winn (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.give2tech.com/foundation

    Where can I find the form 990 for Texas Tech Foundation Inc?

    The Texas Tech Foundation Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.give2tech.com/foundation

    Learn more at the official website: www.give2tech.com/foundation

    Mission Statement of Texas Tech Foundation Inc

    Texas Tech Foundation Inc serves as a dedicated advocate for the success of Texas Tech University System. This foundation plays a pivotal role in enhancing the institution's reputation as a distinguished entity. By positioning Texas Tech University System in a favorable light, the foundation attracts valuable support and resources that benefit the universities and health sciences centers.

    In addition to advocacy, the Texas Tech Foundation Inc is also entrusted with the crucial task of fundraising. It actively seeks and secures investments on behalf of the universities and health sciences centers under the Texas Tech University System. The foundation's commitment extends beyond just raising funds; it also ensures the careful stewardship of these resources. This involves providing effective care for donors, demonstrating gratitude, and maintaining transparency. As a result, donors feel confident that their contributions are making a significant impact.

    By combining advocacy and fundraising efforts, Texas Tech Foundation Inc paves the way for the Texas Tech University System to thrive. It is an essential partner, facilitating the growth and success of the universities and health sciences centers through its fundraising initiatives and unwavering support.

    Impact

    This information is meant to be a general summary of Texas Tech Foundation Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Texas Tech Foundation Inc plays a crucial role in supporting the growth and success of the Texas Tech University System. Through acceptance, investment, and distribution of gifts, the Foundation helps position Texas Tech as an institution of distinction. By raising funds for the universities and health sciences centers, the Foundation contributes to the advancement of education and research. Additionally, the Foundation's stewardship of funds and care for donors ensures sustainability and long-term impact. The Foundation's efforts have a significant impact on enhancing educational opportunities and fostering excellence within the Texas Tech University System.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $8,914,426
  • Program Service Revenue: $0
  • Gross Receipts: $152,039,330

    • Assets and Liabilities:
  • Total Assets: $849,587,948
  • Total Liabilities: $4,223,248
  • Net Assets: $845,364,700
  • Organization Details

    Founding Year

    1939

    Principal Officer

    Patrick Kramer

    Main Address

    PO BOX 45025, LUBBOCK, TX, 79409

    NTEE Category

    Code: B11 - Education

    If you are a representative of Texas Tech Foundation Inc 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.