Texas Womans University Foundation
- Assets
- $108.1m
- Revenue
- $13.7m
- Investments
- $0.0
- Employees
- 0
- Location
- Denton, TX
- Founding
- 01/1955
- Data as of
- 06/2023
- EIN
- 75-1292762
Organization Overview
Texas Womans University Foundation is located in Denton, TX. The organization was established in 1955. 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 Womans University 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 06/2023, Texas Womans University Foundation generated $13.7m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 14.9% each year . All expenses for the organization totaled $6.9m during the year ending 06/2023. While expenses have increased by 20.7% per year over the past 7 years. They've been increasing with an increasing level of total revenue. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
SUPPORT AND PROMOTE TWU
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDES FUNDS FOR SCHOLARSHIPS FOR TWU STUDENTS AS WELL AS GRANTS AND OTHER EDUCATIONAL SUPPORT FOR TWU FACULTY AND STUDENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
A John Harper III Chair | OfficerTrustee | 1 | $0 |
Anne Simpson Vice Chair | OfficerTrustee | 1 | $0 |
Dottie Kinsel Director | Trustee | 1 | $0 |
Patricia Mccoy Director | Trustee | 1 | $0 |
Diane Dillion Treasurer | OfficerTrustee | 1 | $0 |
Kyle Nayfa Director | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Mpk&d Llc Consulting | 6/29/23 | $103,174 |
Alpine Group Partners Llc Consulting | 6/29/23 | $120,000 |
Financial Statements
| 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 | $8,923,983 |
| Noncash contributions included in lines 1a–1f | $276,210 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $8,923,983 |
| Total Program Service Revenue | $0 |
| Investment income | $4,615,848 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$3,333 |
| Net Income from Fundraising Events | $146,775 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $13,702,445 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $6,105,843 |
| 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 | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $20,250 |
| Fees for services: Lobbying | $120,000 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $263,286 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $108,493 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $5,053 |
| Total functional expenses | $6,890,850 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $19,596,642 |
| Pledges and grants receivable | $5,774,407 |
| Accounts receivable, net | $169,250 |
| 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 | $76,100 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $82,196,817 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $285,658 |
| Total assets | $108,098,874 |
| Accounts payable and accrued expenses | $2,034,353 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $3,309 |
| Total liabilities | $2,037,662 |
| Net assets without donor restrictions | $14,878,244 |
| Net assets with donor restrictions | $91,182,968 |
| 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 | $108,098,874 |