KIPP Texas Future Fund
KIPP Texas Future Fund reported $7.8 million in revenue and $2.5 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $82.72 went to program services, $17.28 to management and general costs and $0.00 to fundraising. Its largest source of revenue was investment income: 99.4% of the total. The highest compensation it reported for one person was $615,123 (CEO KIPP Texas, Inc.). Revenue rose 347% between 2019 and FY2025. Source: Form 990, FY2025.
Where $100 of spending went
The fiscal year ending June 30, 2025 · Form 990, Part IX, line 25 · total expenses $2.5MFor context, the median across 5,499 covered education charities: $85.56 programs, $13.59 management, $0.85 fundraising (medians computed separately, so they may not sum to $100).
Where $100 of revenue came from
The fiscal year ending June 30, 2025 · Form 990, Part VIII · total revenue $7.8MThe 990 scorecard · same measures for every charity, no grades
| Measure | FY2025 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 82.7% | 84.4% |
| Management & general Part IX 25(C) ÷ 25(A) | 17.3% | 13.4% |
| Fundraising Part IX 25(D) ÷ 25(A) | 0.0% | 0.8% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | Not reported | $0.04 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 0.6% | 19.1% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 0.0% | 1.1% |
| Program service revenue share Part VIII 2g ÷ 12 | 0.0% | 69.9% |
| Highest reported compensation Part VII-A, columns D–F | $615,123 | $331,578 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 25.07% | 1.28% |
| People paid over $100,000 Part VII, line 2 | 0 | 8 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 704.6 | 13.3 |
| Independent voting board members Part VI 1a–1b | 4 of 4 | 100.0% |
A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.
What the money paid for, in its own words
FY2025 · Form 990, Part III · the three largest programs by expenseKIPP Texas Future Fund is a supporting organization of KIPP Texas Public Schools. KIPP Texas Future Fund's mission is to provide capital and operating support to KIPP Texas Public Schools on an as needed basis. In addition, it provides KIPP Texas with a fundraising arm to collect certain contributions from donors
Highest reported compensation
FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| CEO KIPP Texas, Inc. Officer, 1.00 hrs/week | $0 | $535,752 | $79,371 | $615,123 |
| CFO KIPP Texas, Inc. Officer, 20.00 hrs/week | $75,167 | $347,747 | $36,741 | $459,655 |
0 people received more than $100,000 in reportable compensation from KIPP Texas Future Fund (Part VII, line 2). Compensation of current officers, directors and key employees totaled $54,333 (Part IX, line 5).
7 filings since 2019
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means- Voting board members, and how many are independent Part VI, lines 1a–1b4 · 4 independent
- Audited financial statements Part XII 2bYes
- Conflict-of-interest policy Part VI 12aYes
- Whistleblower policy Part VI 13No
- Document retention policy Part VI 14No
- Independent process for top executive pay Part VI 15aNo
- Board given the 990 before filing Part VI 11aYes
- Family or business ties among insiders Part VI 2No
- Aware of a significant diversion of assets Part VI 5No
- Excess benefit transaction with an insider Part IV 25aNo
- Loans to or from insiders outstanding Part IV 26No
- Lobbying, or a 501(h) election in effect Part IV 4No
- Over $15,000 of professional fundraising services Part IV 18No
- Over $10,000 of activity outside the U.S. Part IV 14bNo
- Employees Part I, line 51
- Volunteers Part I, line 64
Largest outside contractors
FY2025 · Form 990, Part VII, Section B · businesses only| Fayez Sarofim & Co Investment Mgt. | $290,491 |
Individuals listed as contractors are left out. 1 contractors were paid more than $100,000 in all.
Correct a figure or respond
Every number above is copied from KIPP Texas Future Fund's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for KIPP Texas Future Fund, you can publish a response that is linked from this page.
Share or embed this breakdown
Of every $100 KIPP Texas Future Fund spent in FY2025, $82.72 went to programs. The full breakdown, from its IRS Form 990:
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Similar-sized charities in this cause
- College of the Desert FoundationPalm Desert, CA · revenue $7.8M · programs 88.0% · FY2025
- EyolWatertown, MA · revenue $7.8M · programs 97.3% · FY2025
- Princeton International School of Mathematics and SciencePrinceton, NJ · revenue $7.8M · programs 89.1% · FY2025
- Klepinger Community SchoolDayton, OH · revenue $7.9M · programs 18.9% · FY2025
- Corporacion Educativa Ramon BarquinGuaynabo, PR · revenue $7.7M · programs 78.1% · FY2025
Questions people ask
How much of KIPP Texas Future Fund's spending goes to programs?
In the fiscal year ending June 30, 2025, KIPP Texas Future Fund reported that 82.7% of its $2.5 million in expenses went to program services, 17.3% to management and general and 0.0% to fundraising (Form 990, Part IX).
How much does KIPP Texas Future Fund pay its top executive?
The largest total compensation KIPP Texas Future Fund reported for one person in the fiscal year ending June 30, 2025 was $615,123, for the role of CEO KIPP Texas, Inc. (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does KIPP Texas Future Fund get its money?
Of $7.8 million in revenue in the fiscal year ending June 30, 2025, 0.6% came from contributions and grants and 0.0% from program service revenue (Form 990, Part VIII).
Is KIPP Texas Future Fund a registered charity?
The IRS lists EIN 26-0279655 as a 501(c)(3) organization (supporting organization, type i), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- FY2025: Form 990 for the fiscal year ending June 30, 2025, object 202641339349309814 · read the filing
- FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202511339349307821 · read the filing
- FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202421289349303537 · read the filing
- FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202331299349301983 · read the filing
- FY2021 (6 mo.): Form 990 for the 6-month short period ending June 30, 2021, object 202231369349315658 · read the filing
- 2020: Form 990 for calendar year 2020, object 202123149349303742 · read the filing
- 2019: Form 990 for calendar year 2019, object 202001349349302460 · read the filing
All filings for EIN 26-0279655: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.