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The McCombs School of Business Foundation

Austin, TX · EIN 75-1589151 · 501(c)(3) · Supporting organization, Type I
Latest filing: Form 990 for the fiscal year ending August 31, 2025 (tax year 2024) · View the filing · Correct or respond

The McCombs School of Business Foundation reported $24.6 million in revenue and $24.9 million in expenses for the fiscal year ending August 31, 2025. Of every $100 it spent, $85.35 went to program services, $14.11 to management and general costs and $0.54 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 91.0% of the total. The highest compensation it reported for one person was $739,670 (Professor). 4 people received more than $100,000 in reportable compensation. Revenue rose 20% between FY2020 and FY2025. Source: Form 990, FY2025.

Where $100 of spending went

The fiscal year ending August 31, 2025 · Form 990, Part IX, line 25 · total expenses $25M

For 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 August 31, 2025 · Form 990, Part VIII · total revenue $25M

The 990 scorecard · same measures for every charity, no grades

FY2025 filing. Median across 5,499 covered charities in this category, from their latest filings.
MeasureFY2025Median
Program services
Part IX 25(B) ÷ 25(A)
85.3%84.4%
Management & general
Part IX 25(C) ÷ 25(A)
14.1%13.4%
Fundraising
Part IX 25(D) ÷ 25(A)
0.5%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
0.9%19.1%
Government grants share of revenue
Part VIII 1e ÷ 12
0.0%1.1%
Program service revenue share
Part VIII 2g ÷ 12
91.0%69.9%
Highest reported compensation
Part VII-A, columns D–F
$739,670$331,578
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
2.97%1.28%
People paid over $100,000
Part VII, line 2
48
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
23.513.3
Independent voting board members
Part VI 1a–1b
7 of 7100.0%

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 expense
$14M expenses · 68.0% of program spending · revenue $22M

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

$6.8M expenses · 32.0% of program spending · grants $6.3M · revenue $533K

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

Highest reported compensation

FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
Professor
Listed in Part VII, 2.00 hrs/week
$73,500$618,519$47,651$739,670
Professor
Listed in Part VII, 1.00 hrs/week
$28,150$662,159$17,812$708,121
Professor
Listed in Part VII, 1.00 hrs/week
$8,511$665,670$19,345$693,526
Professor
Listed in Part VII, 4.00 hrs/week
$136,206$472,502$55,687$664,395
Professor
Listed in Part VII, 1.00 hrs/week
$12,000$582,983$55,895$650,878
Managing Dir
Officer, 7.00 hrs/week
$10,000$292,231$36,091$338,322

4 people received more than $100,000 in reportable compensation from The McCombs School of Business Foundation (Part VII, line 2). Compensation of current officers, directors and key employees totaled $10,000 (Part IX, line 5).

6 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$10M$20M$30M$40MFY2020FY2021FY2022FY2023FY2024FY2025$25M$25M
FilingRevenueExpensesProgramsNet assetsTop pay
FY2025 ⓘ$25M$25M85.3%$49M$739,670
FY2024 ⓘ$26M$22M84.7%$47M$668,764
FY2023 ⓘ$24M$22M83.4%$40M$772,395
FY2022 ⓘ$22M$22M87.7%$38M$632,928
FY2021 ⓘ$20M$20M87.8%$41M$650,176
FY2020 ⓘ$21M$16M89.2%$37M$693,827

Governance 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–1b7 · 7 independent
  • Audited financial statements Part XII 2bYes
  • Conflict-of-interest policy Part VI 12aYes
  • Whistleblower policy Part VI 13Yes
  • Document retention policy Part VI 14Yes
  • Independent process for top executive pay Part VI 15aNo
  • Board given the 990 before filing Part VI 11aNo
  • 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 14bYes
  • Employees Part I, line 591
  • Volunteers Part I, line 67

Largest outside contractors

FY2025 · Form 990, Part VII, Section B · businesses only
KM Consulting
Program management
$7,200,915
edX Boot Camps LLC
Program management
$2,898,417
The University of Texas
Operational support
$2,674,070
WPNT Communications
Training services
$318,817
J29 Ventures LLC
Marketing
$300,875

Individuals listed as contractors are left out. 7 contractors were paid more than $100,000 in all.

Private foundation grants it received

4 private foundations reported grants to The McCombs School of Business Foundation totaling $20,485 on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.

Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.

Correct a figure or respond

Every number above is copied from The McCombs School of Business Foundation's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for The McCombs School of Business Foundation, you can publish a response that is linked from this page.

Similar-sized charities in this cause

All education charities · Largest charities in Texas

Questions people ask

How much of The McCombs School of Business Foundation's spending goes to programs?

In the fiscal year ending August 31, 2025, The McCombs School of Business Foundation reported that 85.3% of its $24.9 million in expenses went to program services, 14.1% to management and general and 0.5% to fundraising (Form 990, Part IX).

How much does The McCombs School of Business Foundation pay its top executive?

The largest total compensation The McCombs School of Business Foundation reported for one person in the fiscal year ending August 31, 2025 was $739,670, for the role of Professor (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does The McCombs School of Business Foundation get its money?

Of $24.6 million in revenue in the fiscal year ending August 31, 2025, 0.9% came from contributions and grants and 91.0% from program service revenue (Form 990, Part VIII).

Is The McCombs School of Business Foundation a registered charity?

The IRS lists EIN 75-1589151 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 August 31, 2025, object 202601779349301280 · read the filing · XML
  • FY2024: Form 990 for the fiscal year ending August 31, 2024, object 202531909349301628 · read the filing
  • FY2023: Form 990 for the fiscal year ending August 31, 2023, object 202411959349300701 · read the filing
  • FY2022: Form 990 for the fiscal year ending August 31, 2022, object 202341929349300149 · read the filing
  • FY2021: Form 990 for the fiscal year ending August 31, 2021, object 202241929349301484 · read the filing
  • FY2020: Form 990 for the fiscal year ending August 31, 2020, object 202131059349301878 · read the filing

All filings for EIN 75-1589151: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.