Texas Instruments Foundation
- Assets
- $66.0m
- Revenue
- $26.3m
- Investments
- $41.4m
- Employees
- 0
- Location
- Dallas, TX
- Founding
- 12/1964
- Data as of
- 12/2023
- EIN
- 75-6038519
Organization Overview
Texas Instruments Foundation is located in Dallas, TX. The organization was established in 1964. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Texas Instruments 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 12/2023, Texas Instruments Foundation generated $26.3m in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 8.0% each year. All expenses for the organization totaled $21.9m during the year ending 12/2023. While expenses have increased by 1.2% per year over the past 5 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.
Since 2020, Texas Instruments Foundation has awarded 12,384 individual grants totaling $118,786,233. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
NONE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Teresa L West Chairman | 22 | $0 | |
Rafael R Lizardi Treasurer & Director | 0.31 | $0 | |
Edgar Morales Secretary | 1 | $0 | |
Hagop H Kozanian Director | 0.25 | $0 | |
Cynthia H Trochu Director | 0.25 | $0 | |
Timothy C Kinnard Director | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $26,000,000 |
| Interest on Savings | $0 |
| Dividends & Interest | $1,370,260 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$1,037,961 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $26,332,299 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $53,400 |
| Pension plans, employee benefits | $4,085 |
| Interest | $0 |
| Taxes | $18,995 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $25,567 |
| Total operating and administrative expenses | $282,005 |
| Contributions, gifts, grants paid | $21,659,964 |
| Total expenses and disbursements | $21,941,969 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $24,421,881 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $41,385,370 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $148,345 |
| Total assets | $65,955,596 |
| Accounts payable and accrued expenses | $51,909 |
| Grants payable | $5,845,972 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $5,897,881 |
Grants Awarded
Over the last fiscal year, Texas Instruments Foundation has awarded $27,919,776 in support to 4,239 organizations.
| Grant Recipient | Amount |
|---|---|
CEDAR HILL ISD EDUCATION FOUNDATION - 2023 STEM TEACHER AWARDS PURPOSE: EDUCATIONAL INSTITUTIONS-OPERATION FUNDS, BUILDING FUNDS, AND SCHOLARSHIPS.DALLAS, TX | $10,500 |
COMMIT2DALLAS PURPOSE: EDUCATIONAL INSTITUTIONS-OPERATION FUNDS, BUILDING FUNDS, AND SCHOLARSHIPS.DALLAS, TX | $100,000 |
COMMUNITIES FOUNDATION OF TEXAS (CEDAR HILL AND DESOTO ISD STEM) PURPOSE: EDUCATIONAL INSTITUTIONS-OPERATION FUNDS, BUILDING FUNDS, AND SCHOLARSHIPS.DALLAS, TX | $840,000 |
COMMUNITIES FOUNDATION OF TEXAS (LANCASTER ISD STEM) PURPOSE: EDUCATIONAL INSTITUTIONS-OPERATION FUNDS, BUILDING FUNDS, AND SCHOLARSHIPS.DALLAS, TX | $565,000 |
COMMUNITIES FNDN OF TEXAS FOR LANCASTER ISD EDUCATION FNDN - 2023 STEM TEAC PURPOSE: EDUCATIONAL INSTITUTIONS-OPERATION FUNDS, BUILDING FUNDS, AND SCHOLARSHIPS.DALLAS, TX | $10,500 |
COMMUNITIES FNDN OF TEXAS FOR DESOTO ISD EDUCATION FNDN - 2023 STEM TEACHER PURPOSE: EDUCATIONAL INSTITUTIONS-OPERATION FUNDS, BUILDING FUNDS, AND SCHOLARSHIPS.DALLAS, TX | $10,500 |