Texas Tech Law School Foundation FY2023 filing

Claim this org

(tell your story, add context, and more) Claim it free, then get the verified mark for $2,500 a year, plus $10 a year for the ID check.

How does your 990 look to donors? Take the 10-Question Audit

Texas Tech Law School Foundation functions as a legal conduit for the acceptance, investment and distribution of private gifts given for the funding of activities and programs related directly to the mission, role and scope of the Texas Tech university School of Law.

Form 990 Part I, line 1, FY2023. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 74-1590489) · Dispute this line
501(c)(3) charity; gifts are tax-deductible.
72¢ of each $1 spent went to programs.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX

Before you give

FY2023 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
The IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
The latest return is for FY2025, 1 tax year back.
IRS e-file · Filing history
Surplus or deficit
6 of 6
filings with a surplus
Average surplus $4.4M a year · 71% of revenue · last 6 filings
A surplus in 6 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
72%
of spending
72% of spending went to programs.
Pt IX · Ln 25 · col B
4.0 mo
of spending, in cash
Plus $35.2M in investments, Pt X · Ln 11–13
4.0 months of spending in cash.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
7
named funders · $561K
7 funders name it on their filings.
Funders’ Sch. I, 990-PF
Liabilities
$91K
0.2% of total assets
Liabilities are 0.2% of assets.
Pt X · Ln 26
Independent board members
48
of 48 voting members
48 of 48 voting members are independent.
Pt VI · Ln 1a–1b
Revenue
$5.0M
-57% vs prior year
Spent
$1.6M
To programs
72%
Net assets
$36.6M
By yearFY2020–FY2025
Revenue
$5.0M
FY2023▼ -57%
Tap a bar for its year
Revenue by fiscal year
FY2020$3.9M
FY2021$2.4M
FY2022$11.8M
FY2023$5.0M
FY2024$7.8M
FY2025$6.3M
Expenses
$1.6M
FY2023▲ +10%
Tap a bar for its year
Expenses by fiscal year
FY2020$1.2M
FY2021$726K
FY2022$1.5M
FY2023$1.6M
FY2024$2.1M
FY2025$3.8M
Net assets
$36.6M
FY2023▲ +23%
Tap a bar for its year
Net assets by fiscal year
FY2020$19.1M
FY2021$24.7M
FY2022$29.8M
FY2023$36.6M
FY2024$48.4M
FY2025$55.7M

From the FY2023 Form 990 (year ending August 2023) · figures checked against the IRS filing · see the original

You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Dec 1967.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

72 cents of each dollar spent went to programs.

Program services 72% · $1.2M Management & general 13% · $211K Fundraising 15% · $241K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Something off? Claim to add context

Who runs it and what they're paid

48 people listed on the 990.

Part VII, Section A · reportable compensation · most recent filed roster (FY2022); the FY2023 filing did not itemize Part VII
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
See Texas Tech Law School Foundation executive salaries →

Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Accepts, invests, and distributes private gifts to fund Texas Tech Law School's activities and programs.

Questions for Texas Tech Law School Foundation

Tap to ask. Texas Tech Law School Foundation sees how many people are interested.

Your first name shows with your question. Texas Tech Law School Foundation answers here, for everyone.

1 program · $1.2M · in their own filed words · FY2022
01

The texas tech law school foundation accepts and distributes private gifts given for the activities, programs and scholarships of the texas tech university school of law. Scholarships were awarded to individuals attending the texas tech school of law this year.

Form 990 Part III, line 4, FY2022. The organization’s own words, as filed with the IRS. Find it at the IRS (EIN 74-1590489) · Dispute this line
$1.2Mprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2024
See all 7 funders →

By the numbers

The FY2023 990, line by line.

1The main four
Money inPt VIII
$5.0M
Ln 12
Gifts and grantsLn 1h$4.5M
Other incomeLn 4–11$437K
Fees for servicesLn 2g$39K
Money outPt IX
$1.6M
Ln 25
Programscol B$1.2M
Managementcol C$211K
Fundraisingcol D$241K
Owns and owesPt X
$36.6M
net assets · Ln 32
Cash and savingsLn 1–2$549K
Total assetsLn 16$36.7M
LiabilitiesLn 26$91K
PeoplePt VI, VII
48
listed · VII A
PaidVII A0
Voting boardVI 1a48
IndependentVI 1b48
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$4.5M
Noncash giftsLn 1g$214K
Fees for servicesLn 2g$39K
Investment incomeLn 3$16K
Other incomeLn 4–11$437K
Total revenueLn 12$5.0M
Assets in detailPt X, end of year
CashLn 1$549K
Cash and savings togetherLn 1–2$549K
Pledges and grants receivableLn 3$650K
Accounts receivableLn 4$212K
Prepaid expenses and deferred chargesLn 9$141K
InvestmentsLn 11–13$35.2M
Total assetsLn 16$36.7M
LiabilitiesLn 26$91K
Net assetsLn 32$36.6M
OperationsPt I, VI
EmployeesI 50
VolunteersI 650
Fiscal year endsHeaderAugust
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13No
Records policyVI 14No
3More from this return
Abroad and in kindSch F, M
Noncash gifts receivedSch M Pt I$214K
Investment feesPt IX, Sch D
Investment fees, as reportedPt IX 11f$99K
Share of the $36.1M endowmentSch D 1g0.28%
Typical, median of 2,202 orgs0.44%
EndowmentSch D · Pt V
LineFY23FY22FY21FY20FY19
End of yearLn 1g$36.1M$29.3M$24.2M$18.7M$10.6M
AddedLn 1b$4.3M$11.1M$2.0M$3.2M$584K
4Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY23End FY23
Cash and savingsLn 1–2$1.0M$549K
InvestmentsLn 11–13$27.4M$35.2M
Total assetsLn 16$29.8M$36.7M
LiabilitiesLn 26$64K$91K
Net assetsLn 32$29.8M$36.6M
5Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Accounting feesLn 11c$12K$12K
Investment management feesLn 11f$99K$99K
Other expenses (24a–d)Ln 24$1.4M$1.1M$241K
All other expensesLn 24e$155K$55K$100K
Total functional expensesLn 25$1.6M$1.2M$211K$241K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 LatestFiled with the IRS Jul 14, 2026 $6.3M$3.8M$2.5M$55.7M 990 PDF
FY2024Filed with the IRS Jul 15, 2025 $7.8M$2.1M$5.7M$48.4M 990 PDF
FY2023 ViewingFiled with the IRS Jul 12, 2024 $5.0M$1.6M$3.4M$36.6M 990 PDF
FY2022Filed with the IRS Jul 13, 2023 $11.8M$1.5M$10.3M$29.8M 990 PDF
FY2021Filed with the IRS Jul 15, 2022 $2.4M$726K$1.7M$24.7M 990 PDF
FY2020Filed with the IRS Jul 13, 2021 $3.9M$1.2M$2.8M$19.1M 990 PDF

Schedules filed Part IV

A · Public support D · Assets and endowments I · Grants M · Noncash O · Explanations
See the full FY2023 990
Part I · Summary $5,037,315 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $11,316,291$4,544,999
I-9 Program service revenuePrior year $15,650$39,000
I-10 Investment incomePrior year −$41,646$15,861
I-11 Other revenuePrior year $528,717$437,455
I-12 Total revenuePrior year $11,819,012$5,037,315
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefits$0
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $1,500,309$1,644,680
I-18 Total expensesPrior year $1,500,309$1,644,680
I-19 Revenue less expensesPrior year $10,318,703$3,392,635
Part VI · Governance 48 of 48 board members independent, 3 to look at
VI-1a Voting members of the governing body48
VI-1b Independent voting members48
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
Part VIII · Statement of revenue $5,037,315 across 8 lines filed
VIII-1f All other contributions, gifts and grants$4,544,999
VIII-1g Noncash contributions (included above)$214,490
VIII-1h Total contributions, gifts and grants$4,544,999
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $39,000$39,000
VIII-3 Investment incomeRelated to mission $15,861$15,861
VIII-5 RoyaltiesExcluded from tax $17,023$17,023
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $420,432$420,432
VIII-12 Total revenueRelated to mission $475,293 · Excluded from tax $17,023$5,037,315
Part IX · Statement of functional expenses $1,644,680 across 4 lines filed
IX-11c Accounting feesManagement $12,500$12,500
IX-11f Investment management feesManagement $99,327$99,327
IX-24 Other expenses (24a–d)Programs $1,137,323 · Fundraising $241,007$1,378,330
IX-24e All other expensesPrograms $55,009 · Management $99,514$154,523
IX-25 Total functional expensesPrograms $1,192,332 · Management $211,341 · Fundraising $241,007$1,644,680
Part X · Balance sheet $36,734,273 assets, 12 lines filed
X-1 Cash, non-interest-bearingStart of year $1,030,355$548,829
X-3 Pledges and grants receivableStart of year $1,126,586$649,959
X-4 Accounts receivableStart of year $210,659$212,313
X-9 Prepaid expenses and deferred chargesStart of year $89,480$140,977
X-11 Publicly traded securitiesStart of year $27,382,624$35,182,195
X-16 Total assetsStart of year $29,839,705$36,734,273
X-17 Accounts payable and accrued expensesStart of year $64,221$91,327
X-26 Total liabilitiesStart of year $64,221$91,327
X-27 Net assets without donor restrictionsStart of year $484,614$530,851
X-28 Net assets with donor restrictionsStart of year $29,290,870$36,112,095
X-32 Total net assets or fund balancesStart of year $29,775,484$36,642,946
X-33 Total liabilities and net assetsStart of year $29,839,705$36,734,273
Part XI · Reconciliation of net assets $36,642,946 net assets at year end
XI-1 Total revenue$5,037,315
XI-2 Total expenses$1,644,680
XI-3 Revenue less expenses$3,392,635
XI-4 Net assets at start of year$29,775,484
XI-5 Net unrealized gains (losses) on investments$3,474,827
XI-10 Net assets at end of year$36,642,946

Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

All figures come from public IRS Form 990 filings. Comparisons are computed from the filing against similar orgs. They are not a rating.