2023-11-15T19:10:29-06:00 2022-12-31 350921680 CROWE LLP 901 S Mopac Expy Bldg II Suite 450 Austin TX 78746 990 2022-01-01 823699790 The 2033 Higher Education Development Foundation 2033 5123813001 2500 Bee Cave Road Bldg 2 Suite 15 Austin TX 78746 Sanford Gottesman President 5123813001 2023-11-15 1 Sanford Gottesman 999009999 0 Andrew Gray P01517705 5124808182 2023-11-15 3 AAL1 IAL1 2022 2023-04-26 12:10:37Z Sanford Gottesman 2500 Bee Cave Road Bldg 2 Suite 150 Austin TX 78746 7355323 0 X N/A X 2017 TX To Support The University of Texas at Austin. 3 3 0 0 0 0 50000 100595 0 0 0 0 0 581471 50000 682066 0 0 0 0 0 0 0 0 0 16860 17355 16860 17355 33140 664711 108477674 210331908 108109703 209299226 367971 1032682 X TO SUPPORT UT AUSTIN BY PROVIDING: STRATEGIC ADVICE TO THE PRESIDENT, INCLUDING BUT NOT LIMITED TO EXPERTISE IN THE ACQUISITION, DEVELOPMENT, AND DISPOSITIONS OF REAL PROPERTY; REAL ESTATE MARKET DATA AND TREND INFORMATION; RELATIONSHIPS WITH FINANCIAL INSTITUTIONS, DEVELOPERS, CONSTRUCTION COMPANIES AND OTHER REAL ESTATE PROFESSIONALS. 0 0 581471 SUPPORT UT AUSTIN THROUGH PARTICIPATING IN CERTAIN TRANSACTIONS, INCLUDING SECURING A LONG TERM GROUND LEASE AND DEVELOPMENT OF PROPERTY ADJACENT TO THE UT AUSTIN DELL MEDICAL SCHOOL TO ENABLE THE EXPANSION OF THE MEDICAL SCHOOL. 1 1 0 0 0 0 0 0 0 0 1 0 0 1 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 14 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 3 3 1 0 0 0 0 1 0 1 1 0 0 1 1 1 1 1 0 0 0 0 X Sanford Gottesman 5123813001 2500 Bee Cave Road Bldg 2 Suite 150 Austin TX 78746 X Sanford L Gottesman President 30.00 X X 0 0 0 Jeremy Smitheal Vice President 15.00 X X 0 0 0 Nancy Brazzil Secretary/Treasurer 3.00 X X 0 0 0 0 0 0 0 0 0 0 ZapalacReed Construction Co LP 13215 Bee Cave Parkway Bldg A Suit Bee Cave TX 78738 Construction 20381075 CBRE Inc 507 W 3rd Ste 2950 Austin TX 78701 Real Estate Investment Services 587091 Gensler PO Box 848279 Dallas TX 75284 Engineering Services 450033 Brailsford & Dunlavey Inc 1140 Connecticut Ave NW 400 Washington TX 20036 Professional Services 392106 Layton B Wilson Company 1303 San Antonio St Austin TX 78701 Project Management Fees 313339 6 100595 100595 7254728 6673257 581471 581471 581471 682066 581471 0 0 17355 17355 17355 0 17355 0 161238 880668 0 29111 0 3115396 137968186 1919029 108316436 136049157 0 70257576 108477674 210331908 8053413 1341842 99469020 111778771 100000 0 0 22387329 487270 378386 0 73412898 108109703 209299226 X 367971 1032682 367971 1032682 108477674 210331908 664711 0 X 0 1 X 0 0 X X X 1 The University of Texas At Austin 746000203 6 1 0 4754228 1 0 4754228 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 X X 1 1 PART IV, SECTION E, LINE 1C PURSUANT TO ARTICLE V OF THE CERTIFICATE OF FORMATION, THE PURPOSE OF THE FOUNDATION IS TO "OPERATED EXCLUSIVELY FOR THE BENEFIT OF THE UNIVERSITY OF TEXAS AT AUSTIN ("UT"), AND WILL BE OPERATED IN CONNECTION WITH UT WITHIN THE MEANING OF SECTION 509(A)(3) OF THE CODE AND SUBSTANTIALLY ALL OF THE ACTIVITIES OF THE FOUNDATION WILL DIRECTLY FURTHER THE EXEMPT PURPOSES OF UT AND/OR SUPPORT A GOVERNMENTAL SUPPORTED ORGANIZATION WITHIN THE MEANING OF TREASURY REGULATION SECTION 1.509(A)-4(I)(4)." ACCORDINGLY, THE FOUNDATION SUPPORTS UT AUSTIN. PART IV, SECTION E, LINE 2A THE FOUNDATION DIRECTLY FURTHER THE EXEMPT PURPOSES OF UT AUSTIN TO WHICH THE FOUNDATION IS RESPONSIVE BY PERFORMING THE FUNCTIONS OF, OR CARRYING OUT THE PURPOSES OF, UT AUSTIN; AND, BUT FOR THE INVOLVEMENT OF THE FOUNDATION, WOULD NORMALLY BE ENGAGED IN BY UT AUSTIN. FURTHER, TREAS. REG. SECTION 1.509(A)-4(I)(4)(II) CLARIFIES WHAT IS MEANT BY "DIRECTLY FURTHER AND PROVIDES HOLDING TITLE TO AND MANAGING EXEMPT USE ASSETS ARE ACTIVITIES THAT DIRECTLY FURTHER THE EXEMPT PURPOSES OF THE SUPPORTED ORGANIZATION. IN THIS CASE, THE FOUNDATION WILL BE HOLDING TITLE TO AND IMPROVING PROPERTY THAT WILL BE USED BY UT AUSTIN TO FURTHER THEIR EXEMPT PURPOSE. PART IV, SECTION E, LINE 2B THE "BUT FOR TEST" OF TREAS. REG. 1.509(A)-4(II)(A)(2) IS MET, BECAUSE IF THE FOUNDATION DID NOT DEVELOP THE OFFICE BUILDING, UT AUSTIN WOULD HAVE TO BUILD AN OFFICE BUILDING TO HOUSE ADMINISTRATIVE PERSONNEL FOR ITS MEDICAL SCHOOL AND WOULD BE HOLDING TITLE TO THE BUILDING IF THE FOUNDATION WAS NOT. THEREFORE, THE "BUT FOR TEST" OF TREAS. REG. 1.509(A)-4(II)(A)(2) IS MET. PART IV, SECTION D, LINE 3 SECTION 6.10 OF THE BYLAWS PROVIDES THAT "IN THE EVENT THAT THE BOARD OF DIRECTORS MAKES ANY DECISION REGARDING ANY INVESTMENT POLICIES OF THE CORPORATION, GRANTS OR SCHOLARSHIPS, SUCH DECISION MUST BE APPROVED WITH PRIOR WRITTEN CONSENT OF THE PRESIDENT OF UT. FURTHERMORE, IN DIRECTING THE USE OF THE INCOME OR ASSETS OF THE CORPORATION, SUCH DECISION MUST BE MADE WITH THE UNANIMOUS CONSENT OF THE BOARD OF DIRECTORS." RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 114125143 1919029 112206114 508279 508279 23334764 23334764 136049157 Operating lease right-of-use assets 70257576 70257576 Operating Lease Obligations 73412898 73412898 Sanford L Gottesman President Payment of third party invoices on the organization's behalf X 1376571 0 0 1 0 Form 990, Part VI, Section A, line 2 SANFORD GOTTESMAN AND JERRY SMITHEAL ARE PARTNERS IN AN UNRELATED BUSINESS VENTURE. Form 990, Part VI, Section A, line 7a ONE OF THE MEMBERS OF THE BOARD OF DIRECTORS WILL BE APPOINTED BY THE PRESIDENT OF UT. Form 990, Part VI, Section B, line 11b THE BOARD WILL REVIEW THE FORM 990 BEFORE FILING. Form 990, Part VI, Section B, line 12c EACH DIRECTOR, PRINICIPAL OFFICER AND MEMBER OF A COMMITTEE WITH GOVERNING BOARD DELEGATED POWERS SHALL ANNUALLY SIGN A STATEMENT WHICH AFFIRMS SUCH PERSON: (A) HAS RECEIVED A COPY OF THE CONFLICT OF INTEREST POLICY, (B) HAS READ AND UNDERSTANDS THE POLICY, (C) HAS AGREED TO COMPLY WITH THE POLICY, AND (D) UNDERSTANDS THE ORGANIZATION IS CHARITABLE AND IN ORDER TO MAINTAIN ITS FEDERAL TAX EXEMPTION IT MUST ENGAGE PRIMARILY IN ACTIVITIES WHICH ACCOMPLISH ONE OR MORE OF ITS TAX-EXEMPT PURPOSES. Form 990, Part VI, Section C, line 19 THE ORGANIZATION MAKES CERTAIN DOCUMENTS AVAILABLE UPON REQUEST. 2033 Student Housing LLC 2500 Bee Cave Road Bldg 2 Suite 150 Austin TX 78746 STUDENT HOUSING DEVELOPMENT TX 0 22756024 The 2033 Higher Education Development Foundation