TEXAS A & M RESEARCH FOUNDATION: Form 990, tax year 2024

View the entire original 990 at ProPublica ↗

Organization: TEXAS A & M RESEARCH FOUNDATION (EIN 74-1238434)
Tax period: 2024-09-01 to 2025-08-31
Filed: 2026-06-08
IRS object ID: 202611599349301706
Schema version: 2024v5.2
Source: Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header
Form 990
Schedule A
Schedule D
Schedule F
Schedule O

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2026-06-08T13:52:26-07:00	ReturnTs
Tax Period End	2025-08-31	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	742073801	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	Ingram Wallis & Co PC	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	2100 E Villa Maria Rd STE 100	AddressLine1Txt
City	Bryan	CityNm
State Abbreviation	TX	StateAbbreviationCd
ZIP	77802	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990	ReturnTypeCd
Tax Period Begin	2024-09-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	741238434	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	TEXAS A&M RESEARCH FOUNDATION	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Business Name Control	TEXA	BusinessNameControlTxt
Phone	9798458600	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	400 HARVEY MITCHELL PKWY S 300	AddressLine1Txt
City	COLLEGE STATION	CityNm
State Abbreviation	TX	StateAbbreviationCd
ZIP	77845	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	KRISTI M BILLINGER	PersonNm
Person Title	VICE PRES & COO	PersonTitleTxt
Signature	2026-06-08	SignatureDt
Discuss With Paid Preparer	Yes (true)	DiscussWithPaidPreparerInd

Field	Value	IRS element (for citing)
IRS Responsible Prty Info Curr	Yes (true)	IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	JAMES D INGRAM IV	PreparerPersonNm
PTIN	P00163299	PTIN
Phone	9797762600	PhoneNum

Field	Value	IRS element (for citing)
Tax	2024	TaxYr
Build TS	2025-03-06 01:10:19Z	BuildTS

Form 990 IRS990

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	400 HARVEY MITCHELL PKWY S 300	AddressLine1Txt
City	COLLEGE STATION	CityNm
State Abbreviation	TX	StateAbbreviationCd
ZIP	77845	ZIPCd

Field	Value	IRS element (for citing)
Gross Receipts	$24,678,958	GrossReceiptsAmt
Group Return For Affiliates	false	GroupReturnForAffiliatesInd
Organization501c3	Yes (X)	Organization501c3Ind
Website Address	RF.TAMU.EDU	WebsiteAddressTxt
Type Of Organization Corp	Yes (X)	TypeOfOrganizationCorpInd
Formation	1944	FormationYr
Legal Domicile State	TX	LegalDomicileStateCd
Activity Or Mission	TO FACILITATE RESEARCH AND DEVELOPMENT WITHIN THE TEXAS A&M UNIVERSITY SYSTEM AND SELECTED OTHER ENTITIES.	ActivityOrMissionDesc
Voting Members Governing Body	3	VotingMembersGoverningBodyCnt
Voting Members Independent	0	VotingMembersIndependentCnt
Total Employee	0	TotalEmployeeCnt
Total Gross UBI	$0	TotalGrossUBIAmt
CY Contributions Grants	$0	CYContributionsGrantsAmt
PY Program Service Revenue	$73,554,315	PYProgramServiceRevenueAmt
CY Program Service Revenue	$23,477,477	CYProgramServiceRevenueAmt
PY Investment Income	-$927,082	PYInvestmentIncomeAmt
CY Investment Income	$197,493	CYInvestmentIncomeAmt
PY Other Revenue	$1,033,801	PYOtherRevenueAmt
CY Other Revenue	$911,727	CYOtherRevenueAmt
PY Total Revenue	$73,661,034	PYTotalRevenueAmt
CY Total Revenue	$24,586,697	CYTotalRevenueAmt
CY Grants And Similar Paid	$0	CYGrantsAndSimilarPaidAmt
CY Benefits Paid To Members	$0	CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid	$10,652,235	PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid	$7,934,232	CYSalariesCompEmpBnftPaidAmt
CY Total Prof Fndrsng Expns	$0	CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense	$0	CYTotalFundraisingExpenseAmt
PY Other Expenses	$64,272,531	PYOtherExpensesAmt
CY Other Expenses	$15,749,458	CYOtherExpensesAmt
PY Total Expenses	$74,924,766	PYTotalExpensesAmt
CY Total Expenses	$23,683,690	CYTotalExpensesAmt
PY Revenues Less Expenses	-$1,263,732	PYRevenuesLessExpensesAmt
CY Revenues Less Expenses	$903,007	CYRevenuesLessExpensesAmt
Total Assets BOY	$14,414,216	TotalAssetsBOYAmt
Total Assets EOY	$14,215,804	TotalAssetsEOYAmt
Total Liabilities BOY	$6,431,074	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$5,329,655	TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY	$7,983,142	NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY	$8,886,149	NetAssetsOrFundBalancesEOYAmt
Mission	TO FACILITATE RESEARCH AND DEVELOPMENT WITHIN THE TEXAS A&M UNIVERSITY SYSTEM AND SELECTED OTHER ENTITIES.	MissionDesc
Significant New Program Srvc	false	SignificantNewProgramSrvcInd
Significant Change	false	SignificantChangeInd
Expense	$23,421,952	ExpenseAmt
Revenue	$24,308,026	RevenueAmt
Desc	TO FACILITATE RESEARCH AND DEVELOPMENT WITHIN THE TEXAS A&M UNIVERSITY SYSTEM AND SELECTED OTHER ENTITIES.	Desc
Total Program Service Expenses	$23,421,952	TotalProgramServiceExpensesAmt
Described In Section501c3	Yes (true)	DescribedInSection501c3Ind
Schedule B Required	false	ScheduleBRequiredInd
Political Campaign Acty	false	PoliticalCampaignActyInd
Lobbying Activities	false	LobbyingActivitiesInd
Subject To Proxy Tax	false	SubjectToProxyTaxInd
Donor Advised Fund	false	DonorAdvisedFundInd
Conservation Easements	false	ConservationEasementsInd
Collections Of Art	false	CollectionsOfArtInd
Credit Counseling	false	CreditCounselingInd
Donor Rstr Or Quasi Endowments	Yes (true)	DonorRstrOrQuasiEndowmentsInd
Report Land Building Equipment	Yes (true)	ReportLandBuildingEquipmentInd
Report Investments Other Sec	Yes (true)	ReportInvestmentsOtherSecInd
Report Program Related Invst	false	ReportProgramRelatedInvstInd
Report Other Assets	false	ReportOtherAssetsInd
Report Other Liabilities	false	ReportOtherLiabilitiesInd
Include FIN48 Footnote	Yes (true)	IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt	Yes (true)	IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt	false	ConsolidatedAuditFinclStmtInd
School Operating	false	SchoolOperatingInd
Foreign Office	Yes (true)	ForeignOfficeInd
Foreign Activities	Yes (true)	ForeignActivitiesInd
More Than5000 K To Org	false	MoreThan5000KToOrgInd
More Than5000 K To Individuals	false	MoreThan5000KToIndividualsInd
Professional Fundraising	false	ProfessionalFundraisingInd
Fundraising Activities	false	FundraisingActivitiesInd
Gaming Activities	false	GamingActivitiesInd
Operate Hospital	false	OperateHospitalInd
Grants To Organizations	false	GrantsToOrganizationsInd
Grants To Individuals	false	GrantsToIndividualsInd
Schedule J Required	false	ScheduleJRequiredInd
Tax Exempt Bonds	false	TaxExemptBondsInd
Engaged In Excess Benefit Trans	false	EngagedInExcessBenefitTransInd
PY Excess Benefit Trans	false	PYExcessBenefitTransInd
Loan Outstanding	false	LoanOutstandingInd
Grant To Related Person	false	GrantToRelatedPersonInd
Business Rln With Org Mem	false	BusinessRlnWithOrgMemInd
Business Rln With Fam Mem	false	BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent	false	BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri	false	DeductibleNonCashContriInd
Deductible Art Contribution	false	DeductibleArtContributionInd
Terminate Operations	false	TerminateOperationsInd
Partial Liquidation	false	PartialLiquidationInd
Disregarded Entity	false	DisregardedEntityInd
Related Entity	false	RelatedEntityInd
Related Organization Ctrl Ent	false	RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org	false	TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp	false	ActivitiesConductedPrtshpInd
Schedule O Required	Yes (true)	ScheduleORequiredInd
IRP Document	260	IRPDocumentCnt
IRP Document W2 G	0	IRPDocumentW2GCnt
Backup Wthld Compliance	Yes (true)	BackupWthldComplianceInd
Employee	0	EmployeeCnt
Unrelated Bus Incm Over Limit	false	UnrelatedBusIncmOverLimitInd
Foreign Financial Account	false	ForeignFinancialAccountInd
Prohibited Tax Shelter Trans	false	ProhibitedTaxShelterTransInd
Taxable Party Notification	false	TaxablePartyNotificationInd
Nondeductible Contributions	false	NondeductibleContributionsInd
Quid Pro Quo Contributions	false	QuidProQuoContributionsInd
Form8282 Property Disposed Of	false	Form8282PropertyDisposedOfInd
Form8282 Filed	0	Form8282FiledCnt
Rcv Fnds To Pay Prsnl Bnft Cntrct	false	RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct	false	PayPremiumsPrsnlBnftCntrctInd
Form8899 Filedind	false	Form8899Filedind
Form1098 C Filed	false	Form1098CFiledInd
Indoor Tanning Services	false	IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt	false	SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc	false	SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VI	Yes (X)	InfoInScheduleOPartVIInd
Governing Body Voting Members	3	GoverningBodyVotingMembersCnt
Independent Voting Member	0	IndependentVotingMemberCnt
Family Or Business Rln	false	FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties	false	DelegationOfMgmtDutiesInd
Change To Org Documents	false	ChangeToOrgDocumentsInd
Material Diversion Or Misuse	false	MaterialDiversionOrMisuseInd
Members Or Stockholders	false	MembersOrStockholdersInd
Election Of Board Members	Yes (true)	ElectionOfBoardMembersInd
Decisions Subject To Approva	false	DecisionsSubjectToApprovaInd
Minutes Of Governing Body	Yes (true)	MinutesOfGoverningBodyInd
Minutes Of Committees	Yes (true)	MinutesOfCommitteesInd
Officer Mailing Address	false	OfficerMailingAddressInd
Local Chapters	false	LocalChaptersInd
Form990 Provided To Gvrn Body	Yes (true)	Form990ProvidedToGvrnBodyInd
Conflict Of Interest Policy	Yes (true)	ConflictOfInterestPolicyInd
Annual Disclosure Covered Prsn	Yes (true)	AnnualDisclosureCoveredPrsnInd
Regular Monitoring Enfrc	Yes (true)	RegularMonitoringEnfrcInd
Whistleblower Policy	Yes (true)	WhistleblowerPolicyInd
Document Retention Policy	Yes (true)	DocumentRetentionPolicyInd
Compensation Process CEO	Yes (true)	CompensationProcessCEOInd
Compensation Process Other	Yes (true)	CompensationProcessOtherInd
Investment In Joint Venture	false	InvestmentInJointVentureInd
Other Website	Yes (X)	OtherWebsiteInd
Upon Request	Yes (X)	UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Field	Value	IRS element (for citing)
Person	BRENDA SCHROEDER	PersonNm
Phone	9798458701	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	400 HARVEY MITCHELL PKWY S STE 300	AddressLine1Txt
City	COLLEGE STATION	CityNm
State Abbreviation	TX	StateAbbreviationCd
ZIP	77845	ZIPCd

Field	Value	IRS element (for citing)
No Listed Persons Compensated	Yes (X)	NoListedPersonsCompensatedInd

Form990 Part VII Section A Form990PartVIISectionAGrp (4 entries)

TitleTitleTxt	Average Hours Per WeekAverageHoursPerWeekRt	Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt	Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd	Reportable Comp From OrgReportableCompFromOrgAmt	Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt	Other CompensationOtherCompensationAmt	OfficerOfficerInd
JOE ELABD
CHAIRMAN OF BOD	0.01	0.00	Yes (X)	$0	$0	$0
DR COSTAS N GEORGHIADES
President & CEO	1.50	0.00	Yes (X)	$0	$0	$0	Yes (X)
KRISTI M BILLINGER
VICE PRES & COO	4.00	0.00	Yes (X)	$0	$0	$0	Yes (X)
WARREN DELUCA
VICE PRES & SEC	4.00	0.00	Yes (X)	$0	$0	$0	Yes (X)

Field	Value	IRS element (for citing)
Indiv Rcvd Greater Than100 K	0	IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed	false	FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K	false	TotalCompGreaterThan150KInd
Compensation From Other Srcs	false	CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K	0	CntrctRcvdGreaterThan100KCnt
Total Contributions	$0	TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp

Field	Value	IRS element (for citing)
Desc	REV SPONSORED RESEARCH	Desc
Business	541900	BusinessCd
Total Revenue Column	$23,477,477	TotalRevenueColumnAmt
Related Or Exempt Func Income	$23,477,477	RelatedOrExemptFuncIncomeAmt

Field	Value	IRS element (for citing)
Total Program Service Revenue	$23,477,477	TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$278,671	TotalRevenueColumnAmt
Exclusion	$278,671	ExclusionAmt

Incm From Invest Bond Proceeds IncmFromInvestBondProceedsGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$0	TotalRevenueColumnAmt

Royalties Revenue RoyaltiesRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$0	TotalRevenueColumnAmt

Net Rental Income Or Loss NetRentalIncomeOrLossGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$0	TotalRevenueColumnAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

Field	Value	IRS element (for citing)
Other	$11,083	OtherAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

Field	Value	IRS element (for citing)
Other	$92,261	OtherAmt

Gain Or Loss GainOrLossGrp

Field	Value	IRS element (for citing)
Other	-$81,178	OtherAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

Field	Value	IRS element (for citing)
Total Revenue Column	-$81,178	TotalRevenueColumnAmt
Related Or Exempt Func Income	-$81,178	RelatedOrExemptFuncIncomeAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$0	TotalRevenueColumnAmt

Net Income From Gaming NetIncomeFromGamingGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$0	TotalRevenueColumnAmt

Net Income Or Loss NetIncomeOrLossGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$0	TotalRevenueColumnAmt

Other Revenue Misc OtherRevenueMiscGrp (3 entries)

DescDesc	Total Revenue ColumnTotalRevenueColumnAmt	Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
MISCELLANEOUS	$2,653	$2,653
NET GAIN ON SALE OF INVESTMENT	$280,797	$280,797
NET UNREALIZED GAIN ON INVESTM	$624,881	$624,881

Miscellaneous Revenue MiscellaneousRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$3,396	TotalRevenueColumnAmt
Related Or Exempt Func Income	$3,396	RelatedOrExemptFuncIncomeAmt

Field	Value	IRS element (for citing)
Other Revenue Total	$911,727	OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$24,586,697	TotalRevenueColumnAmt
Related Or Exempt Func Income	$24,308,026	RelatedOrExemptFuncIncomeAmt
Exclusion	$278,671	ExclusionAmt

Field	Value	IRS element (for citing)
Info In Schedule O Part IX	Yes (X)	InfoInScheduleOPartIXInd

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Foreign Grants ForeignGrantsGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Benefits To Members BenefitsToMembersGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Comp Disqual Persons CompDisqualPersonsGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

Field	Value	IRS element (for citing)
Total	$7,934,232	TotalAmt
Program Services	$7,934,232	ProgramServicesAmt

Pension Plan Contributions PensionPlanContributionsGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Payroll Taxes PayrollTaxesGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Fees For Services Management FeesForServicesManagementGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Fees For Services Legal FeesForServicesLegalGrp

Field	Value	IRS element (for citing)
Total	$415	TotalAmt
Management And General	$415	ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

Field	Value	IRS element (for citing)
Total	$67,950	TotalAmt
Management And General	$67,950	ManagementAndGeneralAmt

Fees For Services Lobbying FeesForServicesLobbyingGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Fees For Services Prof Fundraising FeesForServicesProfFundraising

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Fees For Services Other FeesForServicesOtherGrp

Field	Value	IRS element (for citing)
Total	$4,324,119	TotalAmt
Program Services	$4,252,004	ProgramServicesAmt
Management And General	$72,115	ManagementAndGeneralAmt

Advertising AdvertisingGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Office Expenses OfficeExpensesGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Information Technology InformationTechnologyGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Royalties RoyaltiesGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Occupancy OccupancyGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Travel TravelGrp

Field	Value	IRS element (for citing)
Total	$284,671	TotalAmt
Program Services	$284,204	ProgramServicesAmt
Management And General	$467	ManagementAndGeneralAmt

Pymt Travel Entrtnmnt Pub Ofcl PymtTravelEntrtnmntPubOfclGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Conferences Meetings ConferencesMeetingsGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Interest InterestGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Payments To Affiliates PaymentsToAffiliatesGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Depreciation Depletion DepreciationDepletionGrp

Field	Value	IRS element (for citing)
Total	$461,888	TotalAmt
Program Services	$461,888	ProgramServicesAmt

Insurance InsuranceGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDesc	TotalTotalAmt	Program ServicesProgramServicesAmt	Management And GeneralManagementAndGeneralAmt
OTHER OPERATING EXPENSES	$7,612,552	$7,526,929	$85,623
PAYROLL RELATED COSTS	$2,190,995	$2,190,995
MATERIALS AND SUPPLIES	$340,194	$335,394	$4,800
REPAIRS & MAINTENANCE	$209,183	$205,516	$3,667

All Other Expenses AllOtherExpensesGrp

Field	Value	IRS element (for citing)
Total	$257,491	TotalAmt
Program Services	$230,790	ProgramServicesAmt
Management And General	$26,701	ManagementAndGeneralAmt

Total Functional Expenses TotalFunctionalExpensesGrp

Field	Value	IRS element (for citing)
Total	$23,683,690	TotalAmt
Program Services	$23,421,952	ProgramServicesAmt
Management And General	$261,738	ManagementAndGeneralAmt
Fundraising	$0	FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

Field	Value	IRS element (for citing)
BOY	$1,992,032	BOYAmt
EOY	$1,762,341	EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

Field	Value	IRS element (for citing)
EOY	$0	EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

Field	Value	IRS element (for citing)
EOY	$0	EOYAmt

Accounts Receivable AccountsReceivableGrp

Field	Value	IRS element (for citing)
BOY	$2,874,988	BOYAmt
EOY	$1,949,189	EOYAmt

Receivables From Officers Etc ReceivablesFromOfficersEtcGrp

Field	Value	IRS element (for citing)
EOY	$0	EOYAmt

Rcvbl From Disqualified Prsn RcvblFromDisqualifiedPrsnGrp

Field	Value	IRS element (for citing)
EOY	$0	EOYAmt

Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp

Field	Value	IRS element (for citing)
EOY	$0	EOYAmt

Inventories For Sale Or Use InventoriesForSaleOrUseGrp

Field	Value	IRS element (for citing)
EOY	$0	EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

Field	Value	IRS element (for citing)
BOY	$56,295	BOYAmt
EOY	$1,914	EOYAmt

Field	Value	IRS element (for citing)
Land Bldg Equip Cost Or Other Bss	$11,261,949	LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec	$10,459,549	LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

Field	Value	IRS element (for citing)
BOY	$847,921	BOYAmt
EOY	$802,400	EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

Field	Value	IRS element (for citing)
BOY	$252,120	BOYAmt
EOY	$553,492	EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

Field	Value	IRS element (for citing)
BOY	$8,390,860	BOYAmt
EOY	$9,146,468	EOYAmt

Investments Program Related InvestmentsProgramRelatedGrp

Field	Value	IRS element (for citing)
EOY	$0	EOYAmt

Intangible Assets IntangibleAssetsGrp

Field	Value	IRS element (for citing)
EOY	$0	EOYAmt

Other Assets Total OtherAssetsTotalGrp

Field	Value	IRS element (for citing)
EOY	$0	EOYAmt

Total Assets TotalAssetsGrp

Field	Value	IRS element (for citing)
BOY	$14,414,216	BOYAmt
EOY	$14,215,804	EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

Field	Value	IRS element (for citing)
BOY	$5,332,997	BOYAmt
EOY	$3,886,857	EOYAmt

Deferred Revenue DeferredRevenueGrp

Field	Value	IRS element (for citing)
BOY	$1,098,077	BOYAmt
EOY	$1,442,798	EOYAmt

Total Liabilities TotalLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$6,431,074	BOYAmt
EOY	$5,329,655	EOYAmt

Field	Value	IRS element (for citing)
Organization Follows FASB117	Yes (X)	OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

Field	Value	IRS element (for citing)
BOY	$7,654,609	BOYAmt
EOY	$8,251,348	EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

Field	Value	IRS element (for citing)
BOY	$328,533	BOYAmt
EOY	$634,801	EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$7,983,142	BOYAmt
EOY	$8,886,149	EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$14,414,216	BOYAmt
EOY	$14,215,804	EOYAmt

Field	Value	IRS element (for citing)
Reconcilation Revenue Expnss	$903,007	ReconcilationRevenueExpnssAmt
Method Of Accounting Accrual	Yes (X)	MethodOfAccountingAccrualInd
Accountant Compile Or Review	false	AccountantCompileOrReviewInd
FS Audited	Yes (true)	FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

Field	Value	IRS element (for citing)
Separate Basis Fincl Stmt	Yes (X)	SeparateBasisFinclStmtInd

Field	Value	IRS element (for citing)
Audit Committee	false	AuditCommitteeInd
Federal Grant Audit Required	Yes (true)	FederalGrantAuditRequiredInd
Federal Grant Audit Performed	Yes (true)	FederalGrantAuditPerformedInd

Schedule A IRS990ScheduleA

Field	Value	IRS element (for citing)
Publicly Supported Org509a2	Yes (X)	PubliclySupportedOrg509a2Ind

Gifts Grants Contris Rcvd509 GiftsGrantsContrisRcvd509Grp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Gross Receipts Admissions GrossReceiptsAdmissionsGrp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$63,305,320	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$73,000,585	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$80,229,876	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$73,554,315	CurrentTaxYearMinus1YearAmt
Current Tax Year	$23,477,477	CurrentTaxYearAmt
Total	$313,567,573	TotalAmt

Gross Receipts Non Unrlt Bus GrossReceiptsNonUnrltBusGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Tax Rev Levied Orgnztnl Bnft509 TaxRevLeviedOrgnztnlBnft509Grp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Govt Furn Srvc Fclts Vl509 GovtFurnSrvcFcltsVl509Grp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Total509 Total509Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$63,305,320	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$73,000,585	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$80,229,876	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$73,554,315	CurrentTaxYearMinus1YearAmt
Current Tax Year	$23,477,477	CurrentTaxYearAmt
Total	$313,567,573	TotalAmt

Amounts Rcvd Dsqlfy Person AmountsRcvdDsqlfyPersonGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Substantial Contributors Amt SubstantialContributorsAmtGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Field	Value	IRS element (for citing)
Public Support Total509	$313,567,573	PublicSupportTotal509Amt

Gross Investment Income509 GrossInvestmentIncome509Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$1,492,571	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$100,287	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$209,037	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$287,614	CurrentTaxYearMinus1YearAmt
Current Tax Year	$280,457	CurrentTaxYearAmt
Total	$2,369,966	TotalAmt

Post1975 UBTI Post1975UBTIGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Investment Income And UBTI InvestmentIncomeAndUBTIGrp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$1,492,571	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$100,287	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$209,037	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$287,614	CurrentTaxYearMinus1YearAmt
Current Tax Year	$280,457	CurrentTaxYearAmt
Total	$2,369,966	TotalAmt

Net Income From Other UBI NetIncomeFromOtherUBIGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Other Income509 OtherIncome509Grp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Total Support Calendar Year TotalSupportCalendarYearGrp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$64,797,891	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$73,100,872	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$80,438,913	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$73,841,929	CurrentTaxYearMinus1YearAmt
Current Tax Year	$23,757,934	CurrentTaxYearAmt
Total	$315,937,539	TotalAmt

Field	Value	IRS element (for citing)
Public Support CY509	0.99250	PublicSupportCY509Pct
Public Support PY509	0.99080	PublicSupportPY509Pct
Investment Income CY	0.00750	InvestmentIncomeCYPct
Investment Income PY	0.00920	InvestmentIncomePYPct
Thirty Thr Pct Suprt Tests CY509	Yes (X)	ThirtyThrPctSuprtTestsCY509Ind

Schedule D IRS990ScheduleD

CY Endwmt Fund CYEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$76,413	BeginningYearBalanceAmt
Investment Earnings Or Losses	$4,897	InvestmentEarningsOrLossesAmt
End Year Balance	$81,310	EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$68,192	BeginningYearBalanceAmt
Investment Earnings Or Losses	$8,221	InvestmentEarningsOrLossesAmt
End Year Balance	$76,413	EndYearBalanceAmt

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$69,650	BeginningYearBalanceAmt
Investment Earnings Or Losses	-$1,458	InvestmentEarningsOrLossesAmt
End Year Balance	$68,192	EndYearBalanceAmt

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$80,497	BeginningYearBalanceAmt
Investment Earnings Or Losses	-$10,847	InvestmentEarningsOrLossesAmt
End Year Balance	$69,650	EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$70,819	BeginningYearBalanceAmt
Investment Earnings Or Losses	$9,678	InvestmentEarningsOrLossesAmt
End Year Balance	$80,497	EndYearBalanceAmt

Field	Value	IRS element (for citing)
Endowments Held Unrelated Org	false	EndowmentsHeldUnrelatedOrgInd
Endowments Held Related Org	false	EndowmentsHeldRelatedOrgInd
Related Org List Sch R	false	RelatedOrgListSchRInd

Equipment EquipmentGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$11,261,949	OtherCostOrOtherBasisAmt
Depreciation	$10,459,549	DepreciationAmt
Book Value	$802,400	BookValueAmt

Field	Value	IRS element (for citing)
Total Book Value Land Buildings	$802,400	TotalBookValueLandBuildingsAmt
Total Book Value Securities	$9,146,468	TotalBookValueSecuritiesAmt
Footnote Text	Yes (X)	FootnoteTextInd
Total Rev Etc Audited Fincl Stmt	$24,678,958	TotalRevEtcAuditedFinclStmtAmt
Revenue Subtotal	$24,678,958	RevenueSubtotalAmt
Other Revenues Not Included	-$92,261	OtherRevenuesNotIncludedAmt
Revenue Not Reported Fincl Stmt	-$92,261	RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990	$24,586,697	TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt	$23,775,951	TotExpnsEtcAuditedFinclStmtAmt
Other Expenses Included	$92,261	OtherExpensesIncludedAmt
Expenses Not Reported	$92,261	ExpensesNotReportedAmt
Expenses Subtotal	$23,683,690	ExpensesSubtotalAmt
Total Expenses Per Form990	$23,683,690	TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDesc

ExplanationExplanationTxt

Part X : FIN48 Footnote

The Foundation is a tax-exempt non-profit organization under Internal Revenue Code Section 501(c)(3) for federal income taxes. Therefore, no provision or liability for federal income taxes has been included in the financial statements.The Foundation believes that its tax position regarding its status as a tax-exempt organization will remain significantly unchanged within the next twelve months.While the Foundation is not aware of any tax examinations being conducted, tax years 2022 - 2024 remain subject to examination by the United States Internal Revenue Service.

Part XII, Line 2d: Other expenses and losses per audited F/S

BASIS OF DISPOSED EQUIPMENT $92261

Schedule F IRS990ScheduleF

Account Activities Outside US AccountActivitiesOutsideUSGrp (2 entries)

RegionRegionTxt	OfficesOfficesCnt	EmployeeEmployeeCnt	Type Of Activities ConductedTypeOfActivitiesConductedTxt	Specific Services ProvidedSpecificServicesProvidedTxt	Region Total ExpendituresRegionTotalExpendituresAmt
NORTH AMERICA	0	1	PROGRAM SERVICES	RESEARCH	$56,560
EUROPE	0	1	PROGRAM SERVICES	RESEARCH	$1,456,906

Field	Value	IRS element (for citing)
Subtotal Employees	2	SubtotalEmployeesCnt
Total Employee	2	TotalEmployeeCnt
Subtotal Spent	$1,513,466	SubtotalSpentAmt
Total Spent	$1,513,466	TotalSpentAmt
Transfer To Foreign Corp	false	TransferToForeignCorpInd
Interest In Foreign Trust	false	InterestInForeignTrustInd
Foreign Corp Ownership	false	ForeignCorpOwnershipInd
Passive Foreign Investmest Co	false	PassiveForeignInvestmestCoInd
Foreign Partnership	false	ForeignPartnershipInd
Boycott Countries	false	BoycottCountriesInd

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (5 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
Form 990, Part VI, Section B, Line 11b	Copies of the Form 990 are provided to the Board. The Board reviews the form and discusses it with the CPAs responsible for preparing the return.
Form 990, Part VI, Section B, Line 12c	New trustees, officers, and key personnel must complete and sign the conflict of interest disclosure form. Any change in circumstances that alters the information on a form that was previously submitted must be reported in a timely fashion. At a minimum, each trustee, officer, or key person must submit a new or updated form (with signature) each year. All completed and signed forms are retained by the Corporate Secretary.The Corporate Secretary monitors COI form submissions to verify that all required persons have a current COI form on file. All board and board committee meeting agenda items are reviewed against known conflicts of interest disclosed by board or committee members. Where a conflict of interest has been identified, such member must recuse himself or herself from discussions or voting on the matter, or may be asked to leave the room while the matter is being discussed or voted.All negotiators, buyers, proposal/project administrators are informed of organizations that may be involved in a conflict of interest and must get management approval for any proposed transaction with such organizations.
Form 990, Part VI, Section B, Line 15a	The CEO, as well as all officers, receives zero compensation from the Foundation as each is employed by either Texas A&M University or the Texas A&M University System.
Form 990, Part VI, Section B, Line 15b	The CEO, as well as all officers, receives zero compensation from the Foundation as each is employed by either Texas A&M University or the Texas A&M University System.
Form 990, Part VI, Section C, Line 19	The financials and governing documents can be reviewed on the Foundation's website. The conflict of interest policy is available upon request.