Alliance For Higher Education

Organization Overview

Alliance For Higher Education, operating under the name Texas Research Alliance, is located in Richardson, TX. The organization was established in 1965. According to its NTEE Classification (B01) the organization is classified as: Alliances & Advocacy, 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 Research Alliance 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 08/2023, Texas Research Alliance generated $270.2k in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 3.5% each year. All expenses for the organization totaled $231.8k during the year ending 08/2023. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

TO BENEFIT THE GROWTH AND EFFECTIVENESS OF HIGHER EDUCATION AND THE GENERATION OF ECONOMIC GROWTH FOR NORTH TEXAS BY PROVIDING A FORUM TO TAP TECHNICAL AND ECONOMIC CREATIVITY; AND BY PROMOTING OPPORTUNITIES TO TRANSITION, COMMERCIALIZE AND RETAIN ITS SCIENTIFIC TECHNOLOGICAL BREAKTHROUGHS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE ALLIANCE FOR HIGHER EDUCATION IS A NONPROFIT CORPORATION WHICH PROVIDES SUPPORT FOR VARIOUS TECHNOLOGY INCUBATORS, CHAMBERS OF COMMERCE, AND ECONOMIC DEVELOPMENT ORGANIZATIONS. THE AHE WORKS WITH UNIVERSITIES, CHAMBERS OF COMMERCE AND BUSINESS INCUBATORS/ACCELERATORS TO SUPPORT BUSINESS FORMATION, TECHNOLOGY TRANSFER AND ECONOMIC DEVELOPMENT WITH THE NORTH TEXAS REGION.


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Board, Officers & Key Employees

Name (title)Compensation
Victor Fishman
Executive Director
$172,576
Dale Petrosky
Trustee
$0
Kim Quirk
Trustee
$0
Michael Jacobson
Chairman
$0
Mike Berry
Trustee
$0

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$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$0
Investment income $97,180
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $173,064
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $270,244

Grants Awarded

Over the last fiscal year, Alliance For Higher Education has awarded $80,000 in support to 2 organizations.

Grant RecipientAmount

UNIVERSITY OF TEXAS AT DALLAS

PURPOSE: RESEARCH

$40,000

SOUTHERN METHODIST UNIVERSITY

PURPOSE: RESEARCH

$40,000
View Grant Profile

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