Texas A & M Research Foundation is a 501(c)(3) organization based in College Sta, Texas, registered in 1946, with $73,661,034 in FY2023 revenue. CharityIndex grades it B+, and it directs about 100% of spending to programs.
Revenue (FY2023)
$73.7M
▼ 9.1% vs prior year
Education median: $200K
Expenses (FY2023)
$74.9M
Net assets
$8.0M
Employees
0
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Texas A & M Research Foundation: 100% to programs earns a A+ on this criterion. See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Texas A & M Research Foundation: 1 mo reserves · -2% margin earns a C+ on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Texas A & M Research Foundation: 4 of 6 checks met earns a B on this criterion. See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Texas A & M Research Foundation: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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To facilitate research and development within the texas a&m university system and selected other entities.
Revenue declined from $120.6M (FY2013) to $73.7M (FY2023) across 11 reported years.
Financial snapshot
Operating margin
-1.7%
Spent more than it raised in the latest fiscal year.
Total assets
$14.4M
Total liabilities
$6.4M
Net assets
$8.0M
Salaries & benefits
$10.7M
14% of expenses
Board members
3
0 independent
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $73,661,034▼9.1% | $74,924,766▼7.6% | $7,983,142▼13.7% | $14,414,216▼16.2% | 990 |
| 2022 | $81,073,939▲13.5% | $81,069,228▲9.9% | $9,246,874▲0.1% | $17,192,053▲20.0% | 990 |
| 2021 | $71,408,411▲10.3% | $73,757,841▲15.1% | $9,242,163▼20.3% | $14,329,971▼18.8% | 990 |
| 2020 | $64,742,890▲3.3% | $64,093,272▲1.7% | $11,591,593▲5.9% | $17,651,760▲6.9% | 990 |
| 2019 | $62,662,906▼3.4% | $63,047,129▼5.9% | $10,941,975▼3.4% | $16,510,908▲3.1% | 990 |
| 2018 | $64,891,224▼9.0% | $67,000,656▼6.0% | $11,326,198▼12.5% | $16,021,713▼17.0% | 990 |
| 2017 | $71,335,506▼8.6% | $71,292,353▼10.5% | $12,948,755▲0.3% | $19,297,222▲3.6% | 990 |
| 2016 | $78,064,469▼7.3% | $79,682,883▼8.9% | $12,905,602▼1.1% | $18,632,763▼13.7% | 990 |
| 2015 | $84,236,490▼19.9% | $87,504,153▼17.4% | $13,044,383▼20.0% | $21,588,098▼19.2% | 990 |
| 2014 | $105,199,888▼12.8% | $105,967,480▼14.6% | $16,312,046▼4.5% | $26,702,376▼14.5% | 990 |
| 2013 | $120,588,103 | $124,085,722▼28.6% | $17,079,638▼17.0% | $31,220,914▼29.3% | 990 |
| 2012 | — | $173,768,222▼12.2% | $20,577,257▲2.2% | $44,136,052▼16.4% | 990 |
| 2011 | — | $197,858,998▼14.3% | $20,136,253▼9.0% | $52,772,294▼7.4% | 990 |
| 2010 | — | $230,872,700▲5.2% | $22,123,339▲16.6% | $56,975,554▲0.4% | 990 |
| 2009 | — | $219,563,590 | $18,973,886 | $56,773,977 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Dr Costas N Georghiades | President & Ceo | 1.5 | — |
| Joe Elabd | Chairman of Bod | 0.2 | — |
| Kristi M Billinger | Vice Pres & Coo | 4 | — |
| Warren Deluca | Vice Pres & Sec | 4 | — |
49 grants to Texas A & M Research Foundation totaling $7.3M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| National Academy of Sciences | Research grants | 2024 | $744,429 |
| United States Golf Association | Turfgrass grants | 2024 | $271,568 |
| Texas Access To Justice Foundation | — | 2024 | $52,165 |
| United States Golf Association | Turfgrass grants | 2024 | $10,000 |
| National Academy of Sciences | Research grant | 2023 | $1,084,285 |
| Johns Hopkins University | Sub-award | 2023 | $717,598 |
| Texas Access To Justice Foundation | — | 2023 | $61,624 |
| Governing Council of the University of Toronto | Research | 2023 | $17,000 |
| University of Pittsburgh | Research- subcontract | 2023 | $14,233 |
| Johns Hopkins University | Sub-award | 2022 | $632,621 |
| United States Golf Association | Turfgrass grants | 2022 | $147,639 |
| Texas Access To Justice Foundation | — | 2022 | $73,685 |
| National Academy of Sciences | Research grant | 2022 | $65,387 |
| Governing Council of the University of Toronto | Research | 2022 | $40,000 |
| University of Pittsburgh | Research- subcontract | 2022 | $33,164 |
Explore more
Data for Texas A & M Research Foundation (EIN 74-1238434) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.