Texas A & M Research Foundation is located in College Station, TX. The organization was established in 1946. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Texas A & M Research Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 08/2021, Texas A & M Research Foundation generated $64.7m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (4.3%) each year. All expenses for the organization totaled $64.1m during the year ending 08/2021. As we would expect to see with falling revenues, expenses have declined by (5.1%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO FACILITATE RESEARCH AND DEVELOPMENT WITHIN THE TEXAS A&M UNIVERSITY SYSTEM AND SELECTED OTHER ENTITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO FACILITATE RESEARCH AND DEVELOPMENT WITHIN THE TEXAS A&M UNIVERSITY SYSTEM AND SELECTED OTHER ENTITIES.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Jack Baldauf President & CEO | OfficerTrustee | 0.58 | $0 |
Kristi Billinger Vice-President, Chief Operating Officer | OfficerTrustee | 1 | $0 |
Mark Barteau President & CEO | OfficerTrustee | 0.5 | $0 |
Steven Garrett Vice President, General Counsel & Corporate Secret | Officer | 5 | $0 |
Dana Thomas Vice President, CFO And Treasurer | Officer | 13 | $0 |
Joe Elabd Director - Chairman Of The Board | Trustee | 0 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $0 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $63,305,320 |
Investment income | $92,210 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | -$55,001 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $64,742,890 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $9,289,066 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $0 |
Fees for services: Legal | $339 |
Fees for services: Accounting | $60,150 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $42,207,078 |
Advertising and promotion | $0 |
Office expenses | $0 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $0 |
Travel | $442,313 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $28,978 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $1,139,339 |
Insurance | $0 |
All other expenses | $497,130 |
Total functional expenses | $64,093,272 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $1,553,740 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $3,863,209 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $52,037 |
Net Land, buildings, and equipment | $3,339,903 |
Investments—publicly traded securities | $131,071 |
Investments—other securities | $8,711,800 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $17,651,760 |
Accounts payable and accrued expenses | $5,759,380 |
Grants payable | $0 |
Deferred revenue | $300,787 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $6,060,167 |
Net assets without donor restrictions | $11,380,025 |
Net assets with donor restrictions | $211,568 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $17,651,760 |
Over the last fiscal year, we have identified 4 grants that Texas A & M Research Foundation has recieved totaling $578,257.
Awarding Organization | Amount |
---|---|
United States Golf Association Liberty Corner, NJ PURPOSE: TURFGRASS GRANTS | $293,257 |
Institute For Rehabilitation & Research Foundation Houston, TX PURPOSE: Research | $245,000 |
Texas Access To Justice Foundation Austin, TX | | $25,000 |
Fluid Fertilizer Foundation Inc Sioux City, IA PURPOSE: RESEARCH | $15,000 |
Beg. Balance | $70,819 |
Earnings | $9,678 |
Ending Balance | $80,497 |
Organization Name | Assets | Revenue |
---|---|---|
Oklahoma State University Foundation Stillwater, OK | $1,286,594,622 | $191,009,042 |
Texas Tech Foundation Inc Lubbock, TX | $840,921,024 | $55,341,496 |
University Of Arkansas Foundation Inc Fayetteville, AR | $2,089,992,333 | $297,590,096 |
Texas A & M Research Foundation College Station, TX | $17,651,760 | $64,742,890 |
Tiger Athletic Foundation Baton Rouge, LA | $492,455,521 | $67,955,012 |
Vanguard Academy Pharr, TX | $58,411,993 | $65,696,988 |
Southwestern Medical Foundation Dallas, TX | $1,318,497,986 | $133,001,887 |
Unm Rainforest Innovations Albuquerque, NM | $22,586,721 | $58,002,418 |
University Of New Mexico Foundation Incorporated Albuquerque, NM | $270,142,035 | $53,815,950 |
University Of Texas Foundation Austin, TX | $88,879,484 | $47,692,096 |
L S U Foundation Baton Rouge, LA | $804,249,383 | $72,730,367 |
Southeastern Louisiana Area Health Education Center Natalbany, LA | $8,364,528 | $32,019,241 |