Red Raider Facilities Foundation Inc

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

EIN: 873740602 ✦ Fort worth, TX ✦ Designated as a 501(c)(3)

Overview

What is Red Raider Facilities Foundation Inc?

Red Raider Facilities Foundation Inc is a nonprofit organization located in Fort Worth, Texas, with the address 801 Cherry Street 500, ZIP code 76102. Their primary mission is to support and promote Texas Tech University's athletics by investing, holding, and administering property, and making expenditures for this purpose. The foundation has been instrumental in the development of new athletic facilities for Texas Tech University, such as a new athletic training facility for the football team and a new South End Zone for Jones AT&T Stadium. These projects include a four-level building connected to the Sports Performance Center and the new Athletic Training Facility via a skybridge. Once completed, the foundation will transfer ownership of the facilities to Texas Tech University.


Is Red Raider Facilities Foundation Inc legitimate?

Red Raider Facilities Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Red Raider Facilities 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


What is the mission statement of Red Raider Facilities Foundation Inc?
Who is the CEO of Red Raider Facilities Foundation Inc?
What is the revenue of Red Raider Facilities Foundation Inc?
Who are the executives of Red Raider Facilities Foundation Inc and what are their salaries?
Where can I find the form 990 for Red Raider Facilities Foundation Inc?

Mission Statement of Red Raider Facilities Foundation Inc

Red Raider Facilities Foundation, a dedicated organization, works tirelessly to support and enhance athletics at Texas Tech University. Its primary mission involves holding, investing, and administering property, as well as making expenditures for the betterment of the university's athletic programs.

Specifically, Red Raider Facilities Foundation has undertaken several significant projects to benefit Texas Tech University's athletics. One of these projects includes the development of a new athletic training facility for the university's football team. This cutting-edge facility is designed to provide top-notch resources and support for the athletes, contributing to their overall performance and well-being.

Another initiative undertaken by Red Raider Facilities Foundation is the development of a new south end zone for Jones AT&T Stadium. This project encompasses constructing a four-level building that connects via skybridge to the Sports Performance Center and the new Athletic Training Facility. Once completed, the Foundation will transfer ownership of these facilities to Texas Tech University, ensuring their continued use and success for the university's athletic programs.

Impact

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




Thursday, August 15, 2024

Red Raider Facilities Foundation Inc's impact is evident in its support and promotion of athletics at Texas Tech University. The foundation has played a key role in the development of significant facilities such as a new athletic training facility for the football team and a new South End Zone at Jones AT&T Stadium. These projects aim to enhance the athletic facilities at the university and provide a better environment for student-athletes to train and compete. Through its efforts, the foundation is making a tangible contribution to the advancement of athletics at Texas Tech University.





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 2023.

  • Investment Income: $539,955
  • Program Service Revenue: $0
  • Gross Receipts: $23,242,306

    • Assets and Liabilities:
  • Total Assets: $143,095,740
  • Total Liabilities: $49,597,043
  • Net Assets: $93,498,697
  • Organization Details

    Founding Year

    2021

    Principal Officer

    Christopher Huckabee

    Main Address

    801 CHERRY STREET 500, FORT WORTH, TX, 76102

    NTEE Category

    Code: B80 - Education

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