Texas Tech Foundation
Texas Tech Foundation reported $226.6 million in revenue and $108.0 million in expenses for the fiscal year ending August 31, 2025. Of every $100 it spent, $97.17 went to program services, $2.65 to management and general costs and $0.18 to fundraising. Its largest source of revenue was contributions and grants: 91.1% of the total. The highest compensation it reported for one person was $495,443 (TREASURER). Revenue rose 180% 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 $108MFor 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 $227MThe 990 scorecard · same measures for every charity, no grades
| Measure | FY2025 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 97.2% | 84.4% |
| Management & general Part IX 25(C) ÷ 25(A) | 2.6% | 13.4% |
| Fundraising Part IX 25(D) ÷ 25(A) | 0.2% | 0.8% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.00 | $0.04 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 91.1% | 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 | $495,443 | $331,578 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 0.46% | 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 | 124.4 | 13.3 |
| Independent voting board members Part VI 1a–1b | 32 of 32 | 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 expenseThe organization was founded to function as a conduit for the acceptance, investment, and distribution of private gifts given for the activities and programs related to the mission, role, and scope of the Texas Tech university system. During 2024-2025 the foundation transferred $104,970,496 to the Texas Tech university system and affiliated foundations
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 |
|---|---|---|---|---|
| TREASURER Director/trustee, officer, 1.00 hrs/week | $0 | $456,810 | $38,633 | $495,443 |
| CHIEF EXECUTIVE OFFICER Director/trustee, officer, 1.00 hrs/week | $0 | $378,043 | $38,130 | $416,173 |
0 people received more than $100,000 in reportable compensation from Texas Tech Foundation (Part VII, line 2).
6 years of filings
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–1b32 · 32 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 4Yes
- 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 50
- Volunteers Part I, line 657
Largest outside contractors
FY2025 · Form 990, Part VII, Section B · businesses only| ZURI GROUP Consulting & implementation services | $1,435,273 |
| ANTHOLOGY OF MISSOURI Software as a service | $326,153 |
| SALESFORCEORG LLC Software as a service | $255,504 |
| AFFINQUEST TECHNOLOGIES LLC Software as a service | $222,121 |
| BLACKBAUD Software as a service | $177,900 |
Individuals listed as contractors are left out. 5 contractors were paid more than $100,000 in all.
Private foundation grants it received
68 private foundations reported grants to Texas Tech Foundation totaling $8.5M 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 Texas Tech 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 Texas Tech Foundation, you can publish a response that is linked from this page.
Share or embed this breakdown
Of every $100 Texas Tech Foundation spent in FY2025, $97.17 went to programs. The full breakdown, from its IRS Form 990:
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Similar-sized charities in this cause
- Endicott CollegeBeverly, MA · revenue $227M · programs 87.6% · FY2025
- Jacksonville UniversityJacksonville, FL · revenue $228M · programs 81.1% · FY2025
- Siena UniversityLoudonville, NY · revenue $226M · programs 90.4% · FY2025
- Wentworth Institute of TechnologyBoston, MA · revenue $228M · programs 86.2% · FY2025
- Simmons UniversityBoston, MA · revenue $226M · programs 83.9% · FY2025
Questions people ask
How much of Texas Tech Foundation's spending goes to programs?
In the fiscal year ending August 31, 2025, Texas Tech Foundation reported that 97.2% of its $108.0 million in expenses went to program services, 2.6% to management and general and 0.2% to fundraising (Form 990, Part IX).
How much does Texas Tech Foundation pay its top executive?
The largest total compensation Texas Tech Foundation reported for one person in the fiscal year ending August 31, 2025 was $495,443, for the role of TREASURER (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Texas Tech Foundation get its money?
Of $226.6 million in revenue in the fiscal year ending August 31, 2025, 91.1% came from contributions and grants and 0.0% from program service revenue (Form 990, Part VIII).
Is Texas Tech Foundation a registered charity?
The IRS lists EIN 75-6043842 as a 501(c)(3) organization (organization operated for a governmental college or university), 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 202631949349300668 · read the filing · XML
- FY2024: Form 990 for the fiscal year ending August 31, 2024, object 202501899349300900 · read the filing
- FY2023: Form 990 for the fiscal year ending August 31, 2023, object 202431909349300933 · read the filing
- FY2022: Form 990 for the fiscal year ending August 31, 2022, object 202341989349302354 · read the filing
- FY2021: Form 990 for the fiscal year ending August 31, 2021, object 202231959349301813 · read the filing
- FY2020: Form 990 for the fiscal year ending August 31, 2020, object 202131899349300613 · read the filing
All filings for EIN 75-6043842: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.