TEXAS HIGHER EDUCATION FOUNDATION: Form 990, tax year 2020
View the entire original 990 at ProPublica ↗
- Organization
- TEXAS HIGHER EDUCATION FOUNDATION (EIN 74-3017895)
- Tax period
- 2020-09-01 to 2021-08-31
- Filed
- 2022-01-10
- IRS object ID
- 202220109349301607
- Schema version
- 2020v4.1
- 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 ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2022-01-10T12:24:34-06:00 | ReturnTs |
| Tax Period End | 2021-08-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 742900215 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MAXWELL LOCKE & RITTER LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 401 CONGRESS AVENUE SUITE 1100 | AddressLine1Txt |
| City | AUSTIN | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 787019682 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2020-09-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 743017895 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | TEXAS HIGHER EDUCATION FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | TEXA | BusinessNameControlTxt |
| Phone | 5124276233 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1200 EAST ANDERSON LANE | AddressLine1Txt |
| City | AUSTIN | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 78752 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | MELISSA HENDERSON | PersonNm |
| Person Title | EXECUTIVE DIRECTOR | PersonTitleTxt |
| Phone | 5124276233 | PhoneNum |
| Signature | 2022-01-10 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | MELISSA | PersonFirstNm |
| Person Last | HENDERSON | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | SEAN HOLCOMB | PreparerPersonNm |
| PTIN | P01249221 | PTIN |
| Phone | 5123703200 | PhoneNum |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 2 | TrustedCustomerCd |
| Authentication Assurance Level | AAL1 | AuthenticationAssuranceLevelCd |
| Identity Assurance Level | IAL1 | IdentityAssuranceLevelCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2020 | TaxYr |
| Build TS | 2022-09-23 18:48:47Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | MELISSA HENDERSON | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 12788 | AddressLine1Txt |
| City | AUSTIN | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 78711 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $5,310,528 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.TXHIGHEREDFOUNDATION.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 2001 | FormationYr |
| Legal Domicile State | TX | LegalDomicileStateCd |
| Activity Or Mission | TO FOSTER AND FURTHER EVIDENCE-BASED INITIATIVES THAT POSITIVELY IMPACT POSTSECONDARY OUTCOMES IN TEXAS TOGETHER WITH THE TEXAS HIGHER EDUCATION COORDINATING BOARD. | ActivityOrMissionDesc |
| Voting Members Governing Body | 14 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 14 | VotingMembersIndependentCnt |
| Total Employee | 2 | TotalEmployeeCnt |
| Total Volunteers | 0 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $2,410,161 | PYContributionsGrantsAmt |
| CY Contributions Grants | $5,310,105 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $0 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $0 | CYProgramServiceRevenueAmt |
| PY Investment Income | $2,565 | PYInvestmentIncomeAmt |
| CY Investment Income | $423 | CYInvestmentIncomeAmt |
| PY Other Revenue | $8,034 | PYOtherRevenueAmt |
| CY Other Revenue | $0 | CYOtherRevenueAmt |
| PY Total Revenue | $2,420,760 | PYTotalRevenueAmt |
| CY Total Revenue | $5,310,528 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $729,671 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $566,757 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $4,943 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $8,120 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $11,667 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $745,845 | PYOtherExpensesAmt |
| CY Other Expenses | $3,549,779 | CYOtherExpensesAmt |
| PY Total Expenses | $1,492,126 | PYTotalExpensesAmt |
| CY Total Expenses | $4,124,656 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $928,634 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $1,185,872 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $2,081,929 | TotalAssetsBOYAmt |
| Total Assets EOY | $3,255,300 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $336,026 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $323,525 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $1,745,903 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $2,931,775 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | THE MISSION OF THE TEXAS HIGHER EDUCATION FOUNDATION IS TO INCREASE PARTICIPATION AND SUCCESS IN HIGHER EDUCATION FOR ALL TEXANS. THE FOUNDATION IS A SUPPORT ORGANIZATION FOR THE TEXAS HIGHER EDUCATION COORDINATING BOARD. IT EXISTS TO RAISE PUBLIC AWARENESS AND PRIVATE SECTOR FUNDING TO SUPPORT THE STATE'S HIGHER EDUCATION PLAN. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $4,069,233 | ExpenseAmt |
| Grant | $566,757 | GrantAmt |
| Desc | THE ORGANIZATION RAISES PRIVATE SECTOR CONTRIBUTIONS AND DISBURSES THE FUNDS IN SUPPORT OF THE TEXAS HIGHER EDUCATION COORDINATING BOARD'S PROGRAMS TO REACH THE GOALS OF THE STATE'S HIGHER EDUCATION STRATEGIC PLAN. | Desc |
| Total Program Service Expenses | $4,069,233 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | 0 | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | 0 | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | 0 | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | 0 | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | 0 | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (1) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | 0 | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | 0 | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | Yes (1) | GrantsToOrganizationsInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Schedule J Required | 0 | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | 0 | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | 0 | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | Yes (1) | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 13 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 2 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 14 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 14 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | 0 | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | 0 | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | 0 | CompensationProcessCEOInd |
| Compensation Process Other | 0 | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| Own Website | Yes (X) | OwnWebsiteInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MELISSA HENDERSON | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 5124276233 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1200 EAST ANDERSON LANE | AddressLine1Txt |
| City | AUSTIN | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 78752 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (15 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt |
|---|---|---|---|---|---|---|---|
| NEAL ADAMS | |||||||
| PRESIDENT AND CEO | 1.50 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| DARRYL HEATH | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| FRED HELDENFELS | |||||||
| VICE PRESIDENT | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| WOODY HUNT | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| ROBERT BOBBY JENKINS JR | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| ELAINE MENDOZA | |||||||
| SECRETARY | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| RAYMOND F MESSER | |||||||
| TREASURER | 1.50 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| LORRAINE PERRYMAN | |||||||
| TRUSTEE | 1.50 | Yes (X) | $0 | $0 | $0 | ||
| STUART STEDMAN | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| JOHN STEEN | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| RICHARD A BOX | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| FRED FARIAS III | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| DIANE PATRICK | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| KATHLEEN GIBSON | |||||||
| TRUSTEE | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| MELISSA I HENDERSON | |||||||
| EXECUTIVE DIRECTOR | 10.00 | Yes (X) | $0 | $131,682 | $23,816 | 40.00 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $0 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $131,682 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $23,816 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 0 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | 0 | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (2 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt | Address Line1ContractorAddress/ForeignAddress/AddressLine1Txt | CityContractorAddress/ForeignAddress/CityNm | CountryContractorAddress/ForeignAddress/CountryCd | Foreign PostalContractorAddress/ForeignAddress/ForeignPostalCd |
|---|---|---|---|---|---|---|---|---|---|
| ALVAREZ & MARSAL | |||||||||
| 1111 3RD AVE 2450 | SEATTLE | WA | 98101 | DATA INFRASTRUCTURE DESIGN | $930,193 | ||||
| DELIVERY ASSOCIATES LIMITED | |||||||||
| STRATEGIC PLANNING | $125,000 | 727 - 729 HIGH ROAD | LONDON | UK | N12OBP | ||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 2 | CntrctRcvdGreaterThan100KCnt |
| All Other Contributions | $5,310,105 | AllOtherContributionsAmt |
| Total Contributions | $5,310,105 | TotalContributionsAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $423 | TotalRevenueColumnAmt |
| Exclusion | $423 | ExclusionAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $5,310,528 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $0 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $423 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $566,757 | TotalAmt |
| Program Services | $566,757 | ProgramServicesAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $7,546 | TotalAmt |
| Management And General | $7,546 | ManagementAndGeneralAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $574 | TotalAmt |
| Management And General | $574 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $21,207 | TotalAmt |
| Management And General | $21,207 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $7,750 | TotalAmt |
| Management And General | $7,750 | ManagementAndGeneralAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,378 | TotalAmt |
| Management And General | $2,378 | ManagementAndGeneralAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $682 | TotalAmt |
| Management And General | $682 | ManagementAndGeneralAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,086 | TotalAmt |
| Management And General | $5,086 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (3 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt |
|---|---|---|---|
| CONTRACT SERVICES | $3,151,279 | $3,141,079 | $10,200 |
| STRATEGIC PLANNING | $350,000 | $350,000 | |
| OTHER EXPENSES | $11,397 | $11,397 |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,124,656 | TotalAmt |
| Program Services | $4,069,233 | ProgramServicesAmt |
| Management And General | $55,423 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,804,218 | BOYAmt |
| EOY | $3,002,178 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $250,564 | BOYAmt |
| EOY | $250,672 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $24,697 | BOYAmt |
| EOY | $0 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,450 | BOYAmt |
| EOY | $2,450 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,081,929 | BOYAmt |
| EOY | $3,255,300 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $336,026 | BOYAmt |
| EOY | $323,525 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $336,026 | BOYAmt |
| EOY | $323,525 | 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 | $135,867 | BOYAmt |
| EOY | $344,010 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,610,036 | BOYAmt |
| EOY | $2,587,765 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,745,903 | BOYAmt |
| EOY | $2,931,775 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,081,929 | BOYAmt |
| EOY | $3,255,300 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | $1,185,872 | ReconcilationRevenueExpnssAmt |
| Other Changes In Net Assets | $0 | OtherChangesInNetAssetsAmt |
| Info In Schedule O Part XII | Yes (X) | InfoInScheduleOPartXIIInd |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | 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 | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Supporting Organization509a3 | Yes (X) | SupportingOrganization509a3Ind |
| Supporting Org Type1 | Yes (X) | SupportingOrgType1Ind |
| Supported Organizations | 1 | SupportedOrganizationsCnt |
Supported Org Information SupportedOrgInformationGrp
Supported Organization Name SupportedOrganizationName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | TEXAS HIGHER EDUCATION COORDINATING BOARD | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 746016766 | EIN |
| Organization Type | 6 | OrganizationTypeCd |
| Governing Document Listed | Yes (1) | GoverningDocumentListedInd |
| Support | $566,757 | SupportAmt |
| Other Support | $0 | OtherSupportAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Supported Organizations Total | 1 | SupportedOrganizationsTotalCnt |
| Support Sum | $566,757 | SupportSumAmt |
| Other Support Sum | $0 | OtherSupportSumAmt |
Form990 Sch A Supporting Org Form990SchASupportingOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Listed By Name Governing Doc | Yes (1) | ListedByNameGoverningDocInd |
| Suprt Org No IRS Determination | 0 | SuprtOrgNoIRSDeterminationInd |
| Supported Org Section C456 | 0 | SupportedOrgSectionC456Ind |
| Supported Org Not Organized US | 0 | SupportedOrgNotOrganizedUSInd |
| Organization Change Suprt Org | 0 | OrganizationChangeSuprtOrgInd |
| Support Non Supported Org | 0 | SupportNonSupportedOrgInd |
| Payment Substantial Contribtr | 0 | PaymentSubstantialContribtrInd |
| Loan Disqualified Person | 0 | LoanDisqualifiedPersonInd |
| Controlled Disqualified Prsn | 0 | ControlledDisqualifiedPrsnInd |
| Disqualified Prsn Controll Int | 0 | DisqualifiedPrsnControllIntInd |
| Disqualified Prsn Ownr Int | 0 | DisqualifiedPrsnOwnrIntInd |
| Excess Business Holdings Rules | 0 | ExcessBusinessHoldingsRulesInd |
| Contribution Controller | 0 | ContributionControllerInd |
| Contribution Family | 0 | ContributionFamilyInd |
| Contribution35 Controlled | 0 | Contribution35ControlledInd |
Form990 Sch A Type1 Suprt Org Form990SchAType1SuprtOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Power Appoint Majority Dir Trst | Yes (1) | PowerAppointMajorityDirTrstInd |
| Operate Benefit Non Suprt Org | 0 | OperateBenefitNonSuprtOrgInd |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $0 | TotalBookValueLandBuildingsAmt |
| Total Rev Etc Audited Fincl Stmt | $5,393,478 | TotalRevEtcAuditedFinclStmtAmt |
| Donated Services And Use Fclts | $82,950 | DonatedServicesAndUseFcltsAmt |
| Revenue Not Reported | $82,950 | RevenueNotReportedAmt |
| Revenue Subtotal | $5,310,528 | RevenueSubtotalAmt |
| Revenue Not Reported Fincl Stmt | $0 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $5,310,528 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $4,207,606 | TotExpnsEtcAuditedFinclStmtAmt |
| Donated Services Use Fclts | $82,950 | DonatedServicesUseFcltsAmt |
| Expenses Not Reported | $82,950 | ExpensesNotReportedAmt |
| Expenses Subtotal | $4,124,656 | ExpensesSubtotalAmt |
| Expenses Not Rpt Fincl Stmt | $0 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $4,124,656 | TotalExpensesPerForm990Amt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Recipient Table RecipientTable (23 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Recipient EINRecipientEIN | IRC SectionIRCSectionDesc | Cash GrantCashGrantAmt | Purpose Of GrantPurposeOfGrantTxt | Address Line2USAddress/AddressLine2Txt |
|---|---|---|---|---|---|---|---|---|
| ALAMO COMMUNITY COLLEGE DISTRICT | ||||||||
| 2222 N ALAMO ST | SAN ANTONIO | TX | 78215 | 742439927 | 501(C)(3) | $25,000 | COVID-19 EMERGENCY AID | |
| AMARILLO COLLEGE | ||||||||
| 225 COLLEGE PARK DR | WEATHERFORD | TX | 79109 | 756029084 | 501(C)(3) | $20,000 | COVID-19 EMERGENCY AID | |
| AUSTIN COMMUNITY COLLEGE | ||||||||
| 2201 S WASHINGTON ST 2411 | AMARILLO | TX | 79109 | 742639966 | 501(C)(3) | $30,000 | COVID-19 EMERGENCY AID | |
| BLINN COLLEGE | ||||||||
| 1218 WEST AVE | AUSTIN | TX | 78701 | 746000400 | 501(C)(3) | $30,000 | COVID-19 EMERGENCY AID | |
| BRAZOSPORT COLLEGE | ||||||||
| 902 COLLEGE AVE | BRENHAM | TX | 77833 | 760486628 | 501(C)(3) | $10,000 | COVID-19 EMERGENCY AID | |
| COLLEGE OF THE MAINLAND COMMUNITY COLLEGE | ||||||||
| 500 COLLEGE BLVD | RICHWOOD | TX | 77566 | 237181343 | 501(C)(3) | $10,000 | COVID-19 EMERGENCY AID | |
| COLLIN COUNTY COMMUNITY COLLEGE | ||||||||
| 1200 N AMBURN RD | TEXAS CITY | TX | 77591 | 752037156 | 501(C)(3) | $30,000 | COVID-19 EMERGENCY AID | |
| DALLAS COUNTY COMMUNITY COLLEGE FOUNDATION | ||||||||
| 1601 SOUTH LAMAR STREET | DALLAS | TX | 75215 | 237326612 | 501(C)(3) | $25,000 | COVID-19 EMERGENCY AID | |
| EL PASO COMMUNITY COLLEGE FOUNDATION | ||||||||
| PO BOX 20500 | EL PASO | TX | 79998 | 742452971 | 501(C)(3) | $25,000 | COVID-19 EMERGENCY AID | |
| HOUSTON COMMUNITY COLLEGE | ||||||||
| 3100 MAIN STREET | HOUSTON | TX | 77002 | 741709152 | 501(C)(3) | $25,000 | COVID-19 EMERGENCY AID | |
| LEE COLLEGE | ||||||||
| 4800 PRESTON PARK BLVD | PLANO | TX | 75093 | 746105635 | 501(C)(3) | $20,000 | COVID-19 EMERGENCY AID | |
| MIDLAND COLLEGE | ||||||||
| 200 LEE DR | BAYTOWN | TX | 77520 | 751403958 | 501(C)(3) | $10,000 | COVID-19 EMERGENCY AID | |
| OUR LADY OF THE LAKE UNIVERSITY | ||||||||
| 411 SW 24TH STREET | SAN ANTONIO | TX | 78207 | 751403958 | 501(C)(3) | $10,000 | COVID-19 EMERGENCY AID | |
| SAN JACINTO COMMUNITY COLLEGE DISTRICT | ||||||||
| 3600 N GARFIELD ST | MIDLAND | TX | 79705 | 760502278 | 501(C)(3) | $30,000 | COVID-19 EMERGENCY AID | |
| SOUTH TEXAS COLLEGE | ||||||||
| 3201 W PECAN | MCALLEN | TX | 78501 | 742683499 | 501(C)(3) | $20,000 | COVID-19 EMERGENCY AID | |
| TARRANT COUNTY COLLEGE FOUNDATION | ||||||||
| 1500 HOUSTON ST | FORT WORTH | TX | 76102 | 752277475 | 501(C)(3) | $25,000 | COVID-19 EMERGENCY AID | |
| TEXAS STATE UNIVERSITY | ||||||||
| 61 UNIVERSITY DRIVE SUITE 527 | SAN MARCOS | TX | 78666 | 746002248 | 501(C)(3) | $20,000 | COVID-19 EMERGENCY AID | |
| TEXAS A&M UNIVERSITY-SAN ANTONIO FOUNDATION | ||||||||
| ONE UTSA CIRCLE | SAN ANTONIO | TX | 78249 | 260895198 | 501(C)(3) | $10,000 | COVID-19 EMERGENCY AID | |
| TEXAS WOMEN'S UNIVERSITY FOUNDATION | ||||||||
| POB 425618 | DENTON | TX | 76204 | 751292762 | 501(C)(3) | $11,242 | COVID-19 EMERGENCY AID | |
| THE UNIVERSITY OF TEXAS AT SAN ANTONIO | ||||||||
| OFFICE OF UNIVERSITY ADVANCEMENT | SAN ANTONIO | TX | 78224 | 741717115 | 501(C)(3) | $20,000 | COVID-19 EMERGENCY AID | CAB 405 ONE UNIVERSITY WAY |
| THE UNIVERSITY OF TEXAS RIO GRANDE VALLEY | ||||||||
| DIVISION OF INSTITUTIONAL ADVANCEME | EDINBURG TX | TX | 78539 | 465292740 | 501(C)(3) | $20,000 | COVID-19 EMERGENCY AID | T 1202 WEST UNIVERSITY DRIVE EITTB |
| UNIVERSITY OF NORTH TEXAS AT DALLAS | ||||||||
| 7400 UNIVERSITY HILLS BLVD | DALLAS | TX | 75241 | 271208151 | 501(C)(3) | $10,000 | COVID-19 EMERGENCY AID | |
| TEXAS HIGHER EDUCATION COORDINATING BOARD | ||||||||
| 1200 E ANDERSON LANE | AUSTIN | TX | 78752 | 746016766 | 501(C)(3) | $30,507 | GRADTX 2.0 PROGRAM | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 23 | Total501c3OrgCnt |
Supplemental Information Detail SupplementalInformationDetail (2 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART I, LINE 2: | THE FOUNDATION FUNDS SUBGRANTEES AND CONTRACTS DIFFERENTLY BASED ON REQUIREMENTS OR PREFERENCES OF THE FUNDING SOURCE. IN SOME CASES, SUBGRANTEES ARE FUNDED ON A REIMBURSEMENT-ONLY BASIS. IN CASES WHERE FUNDS ARE PROVIDED IN ADVANCE, THE FOUNDATION REQUIRES A FISCAL REPORT AT THE END OF THE GRANT PERIOD, DOCUMENTING THAT ALL FUNDS WERE SPENT FOR AUTHORIZED SERVICES OR MATERIALS. WHEN FUNDING SCHOLARSHIPS, THE FOUNDATION CONFIRMS THE STUDENT'S ENROLLMENT WITH THE INSTITUTION OF HIGHER EDUCATION. |
| PART II, COLUMN (H): | THE PURPOSE OF THE TEXAS HIGHER EDUCATION FOUNDATION IS TO PROVIDE SUPPORT TO THE TEXAS HIGHER EDUCATION COORDINATING BOARD (THECB), AN AGENCY OF THE STATE OF TEXAS, FROM THE PRIVATE SECTOR. THE FOUNDATION IS AUTHORIZED TO SUPPORT THECB PROGRAM GOALS, WHICH ARE TO INCREASE THE: (1) NUMBER OF STUDENTS PARTICIPATING IN HIGHER EDUCATION; (2) NUMBER OF DEGREES AND OTHER CREDENTIALS AWARDED; (3) NUMBER OF NATIONALLY RECOGNIZED PROGRAMS OR SERVICES AT COLLEGES AND UNIVERSITIES IN TEXAS; AND (4) LEVEL OF FEDERAL RESEARCH FUNDING AWARDED TO TEXAS INSTITUTIONS OF HIGHER EDUCATION. |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (5 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION B, LINE 11B | THE FORM 990 IS PREPARED BY A PUBLIC ACCOUNTING FIRM AND IS REVIEWED BEFORE FILING BY THE FOUNDATION'S ACCOUNTANT, EXECUTIVE DIRECTOR, AND TREASURER. |
| FORM 990, PART VI, SECTION B, LINE 12C | FOUNDATION STAFF MAINTAINS A FILE OF CONFLICT OF INTEREST STATEMENTS SIGNED BY ALL TRUSTEES. IN ADDITION, THECB LEGAL COUNSEL ATTENDS FOUNDATION MEETINGS TO ENSURE THAT TRUSTEES ARE FURTHER ADVISED OF THE REQUIREMENT TO DISCLOSE ANY DIRECT OR INDIRECT INTEREST OR RELATIONSHIP WITH A VENDOR AND TO ABSTAIN FROM PARTICIPATION IN ANY DECISION OR DISCUSSION ON A RELATED MATTER. ANY REAL OR POTENTIAL CONFLICT OF INTEREST AND TRUSTEE ABSTENTION IS TO BE RECORDED IN THE MINUTES OF THE FOUNDATION BOARD. |
| FORM 990, PART VI, SECTION C, LINE 18 | COPIES OF THE 990 ARE ALSO AVAILABLE ON WWW.GUIDESTAR.ORG, WHICH HAS PROVIDED THE FOUNDATION WITH A PLATINUM RATING. |
| FORM 990, PART VI, SECTION C, LINE 19 | ALL ORGANIZING DOCUMENTS, POLICIES AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. |
| FORM 990, PART XI, LINE 2C | THE AUDIT SELECTION AND OVERSIGHT PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR. |
Schedule R IRS990ScheduleR
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp
Disregarded Entity Name DisregardedEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | TEXAS HIGHER EDUCATION COORDINATING BOARD | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1200 EAST ANDERSON LANE | AddressLine1Txt |
| City | AUSTIN | CityNm |
| State Abbreviation | TX | StateAbbreviationCd |
| ZIP | 78752 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 746016766 | EIN |
| Primary Activities | HIGHER EDUCATION | PrimaryActivitiesTxt |
| Legal Domicile State | TX | LegalDomicileStateCd |
| Public Charity Status | 6 | PublicCharityStatusTxt |
| Controlled Organization | 0 | ControlledOrganizationInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | 0 | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | Yes (1) | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | 0 | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | 0 | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | 0 | DivRelatedOrganizationInd |
| Asset Sale To Other Org | 0 | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | 0 | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | 0 | AssetExchangeInd |
| Rental Of Facilities To Oth Org | 0 | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | 0 | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | 0 | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | Yes (1) | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | Yes (1) | SharingOfFacilitiesInd |
| Paid Employees Sharing | 0 | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | Yes (1) | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | Yes (1) | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | 0 | TransferToOtherOrgInd |
| Transfer From Other Org | 0 | TransferFromOtherOrgInd |