University of Texas Foundation
501(c)(3) Donations tax-deductible
99% goes to programs $0 to raise $100 Strong reserves Growing revenue
University of Texas Foundation is a 501(c)(3) organization based in Austin, Texas, registered in 1968, with $68,530,313 in FY2024 revenue. CharityIndex grades it A+, and it directs about 99% of spending to programs.
9011 Mountain Ridge Dr Ste 150, Austin, TX, 78759 EIN 74-1587488 Since 1968
Revenue (FY2024)
$68.5M
▲ 27.6% vs prior year
Expenses (FY2024)
$64.8M
Net assets
$53.0M
Employees
7
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A+
A+Program efficiency40% of the rating99% to programs · $0 to raise $100
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 University of Texas Foundation: 99% to programs · $0 to raise $100 earns a A+ on this criterion. See the exact thresholds →
AFinancial health25% of the rating10 mo reserves · +5% margin
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 University of Texas Foundation: 10 mo reserves · +5% margin earns a A on this criterion. See the exact thresholds →
A+Governance25% of the rating6 of 6 checks met
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 University of Texas Foundation: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
A+Transparency10% of the rating5 of 5 disclosure signals
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 University of Texas Foundation: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
Show this grade on your website
A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Mission
To provide support to the university of texas system institutions.
What they do
Payments made to meet conditions of gifts to the university of texas system institutions.
Contact & location
Financial trends
Revenue grew from $19.1M (FY2013) to $68.5M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $45.0MNet assets $53.0M
Operating margin
5.4%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$98.0M
Total liabilities
$45.0M
Net assets
$53.0M
Salaries & benefits
$642K
1% of expenses
Board members
21
21 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $68,530,313▲27.6% | $64,804,284▲26.7% | $53,007,214▲12.1% | $97,993,520▲8.7% | 990 |
| 2023 | $53,709,870▲12.8% | $51,129,188▲0.8% | $47,298,575▲12.2% | $90,164,241▲8.0% | 990 |
| 2022 | $47,631,342▼0.1% | $50,729,809▲10.4% | $42,147,567▼2.8% | $83,486,599▼6.1% | 990 |
| 2021 | $47,692,096▲30.7% | $45,946,940▲27.3% | $43,346,288▲14.7% | $88,879,484▲13.4% | 990 |
| 2020 | $36,491,937▼17.1% | $36,103,845▼1.2% | $37,775,752▲10.0% | $78,405,261▲6.4% | 990 |
| 2019 | $44,037,296▲15.9% | $36,558,691▲11.3% | $34,355,960▲12.9% | $73,689,547▲16.3% | 990 |
| 2018 | $38,010,699▲73.4% | $32,849,677▲49.3% | $30,423,130▲45.8% | $63,378,260▲18.0% | 990 |
| 2017 | $21,925,706▲5.0% | $21,996,034▼4.6% | $20,859,594▲19.7% | $53,709,524▲4.2% | 990 |
| 2016 | $20,876,203▼10.2% | $23,064,643▲2.9% | $17,424,398▼14.3% | $51,559,719▼5.2% | 990 |
| 2015 | $23,248,483▲14.5% | $22,404,182▲18.3% | $20,327,483▼3.9% | $54,381,469▲1.2% | 990 |
| 2014 | $20,297,364▲6.4% | $18,945,864▼2.2% | $21,155,182▲13.1% | $53,727,722▲4.7% | 990 |
| 2013 | $19,077,717 | $19,363,434▲68.5% | $18,702,399▼0.5% | $51,336,073▲12.0% | 990 |
| 2012 | — | $11,493,557▼13.0% | $18,799,562▲6.3% | $45,828,064▲9.1% | 990 |
| 2011 | — | $13,210,258▲2.2% | $17,687,361▲2.2% | $42,024,402▲5.3% | 990 |
| 2010 | — | $12,925,067 | $17,309,550 | $39,924,377 | 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.
Leadership & compensation (FY2024)
Highest-paid: Sheri Despain — $205,541 (0.32% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Sheri Despain | Executive Director and Cfo | 40 | $205,541 |
| Alfred M Meyerson | President Elect | 1 | — |
| Brian T Mclaughlin | Vp and Treasurer | 1 | — |
| Bruce Rideaux | Director | 1 | — |
| Carol A Huebner | Director | 1 | — |
| Charles W Matthews Jr | Director | 1 | — |
| Cynthia Adkins | Director | 1 | — |
| David Oliveira | Director | 1 | — |
| Douglas Glass | Director | 1 | — |
| Hector Deleon | Director | 1 | — |
| Lisa Saenz | Director | 1 | — |
| Michael L Cook | Director | 1 | — |
| Michelle Brock | Director | 1 | — |
| Quan Cosby | Director | 1 | — |
| Rex G Baker III | Immediate Past President | 1 | — |
| R Gordon Appleman | Director | 1 | — |
| Shannon H Ratliff | Director | 1 | — |
| Sonia Perez | President | 3 | — |
| Thomas J Perich | Director | 1 | — |
| Tim Taylor | Director | 1 | — |
Grants received · $129.1M total
506 grants to University of Texas Foundation totaling $129.1M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| American Online Giving Foundation Inc | General support | 2024 | $4,284,501 |
| Jewish Communal Fund | In furtherance of grantee's tax-exempt purpose | 2024 | $3,065,636 |
| San Antonio Area Foundation | General support | 2024 | $1,020,500 |
| Ayco Charitable Foundation | Education | 2024 | $556,650 |
| Charities Aid Foundation America | Charitable donation | 2024 | $510,370 |
| Raymond James Charitable Endowment Fund | General support | 2024 | $372,093 |
| Morgan Stanley Global Impact Funding Trust Inc | Unrestricted general support | 2024 | $215,000 |
| Community Foundation of North Texas | For practice facility capital project at university of texas longhorn foundation. please notify andrew hamor of this gift | 2024 | $200,000 |
| American Endowment Foundation | Educational | 2024 | $145,850 |
| Austin Community Foundation | General support | 2024 | $145,150 |
| Christian Community Foundation Inc | General support | 2024 | $135,000 |
| Fjc | General operating support | 2024 | $125,100 |
| Gs Donor Advised Philanthropy Fund For Wealth Management Inc | Medical / public services | 2024 | $113,000 |
| Greater Houston Community Foundation | Educational | 2024 | $108,750 |
| Greater Horizons | Health, medicine & science | 2024 | $105,000 |
Grants made · $61.5M in FY2024
14 grants totaling $61.5M in FY2024. All grants made by University of Texas Foundation →
| Recipient | Purpose | Amount |
|---|---|---|
| University of Texas Austin | Educational/research | $24,314,961 |
| Utmd Anderson | Educational/research | $17,145,132 |
| University of Texas San Antonio | Educational/research | $5,028,316 |
| University of Texas Health Science Center San Antonio | Educational/research | $3,697,756 |
| University of Texas Health Science Center Houston | Educational/research | $3,476,821 |
| University of Texas Dallas | Educational/research | $3,183,878 |
| University of Texas El Paso | Educational/research and scholarships | $2,237,484 |
| University of Texas Arlington | Educational/research | $959,403 |
| University of Texas System | Educational/research | $712,121 |
| Ut Permian Basin | Educational/research | $430,712 |
| University of Texas Southwestern | Educational/research | $108,636 |
| Utmb Galveston | Educational/research | $78,790 |
| Ut Tyler | Educational/research | $52,987 |
| Ut Rio Grande Valley | Educational/research | $32,786 |
Frequently asked questions
- Is University of Texas Foundation a legitimate nonprofit?
- Yes. University of Texas Foundation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 74-1587488, based in Austin, Texas. Donations are tax-deductible.
- What is University of Texas Foundation's EIN?
- University of Texas Foundation's Employer Identification Number (EIN) is 74-1587488.
- How much revenue does University of Texas Foundation report?
- University of Texas Foundation reported $68,530,313 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much of University of Texas Foundation's spending goes to programs?
- University of Texas Foundation spends about 99% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does University of Texas Foundation have?
- CharityIndex grades University of Texas Foundation A+, based on program efficiency and fundraising cost.
- How much does University of Texas Foundation's highest-paid employee make?
- The highest reported compensation on University of Texas Foundation's latest Form 990 is $205,541, paid to Sheri Despain (Executive Director and Cfo).
More nonprofits in Austin
Explore more
Data for University of Texas Foundation (EIN 74-1587488) 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.