2022-03-25T16:56:46-05:00 2021-08-31 742073801 Ingram Wallis & Company PC 2100 East Villa Maria Rd Ste 100 Bryan TX 77802 990 2020-09-01 741238434 TEXAS A&M RESEARCH FOUNDATION TEXA 9798458600 400 HARVEY MITCHELL PKWY S No 300 COLLEGE STATION TX 77845 DR JACK G BALDAUF PRESIDENT & CEO 9798458600 2022-03-11 1 DR JACK G BALDAUF 999009999 James D Ingram IV P00163299 9797762600 2 AAL1 IAL1 2020 2022-09-23 18:48:47Z DR JACK G BALDAUF 400 HARVEY MITCHELL PKWY S No 300 COLLEGE STATION TX 77845 64799325 0 X rf.tamu.edu X 1944 TX To facilitate research and development within the Texas A&M University System and selected other entities. 3 0 0 0 0 0 0 0 61642575 63305320 -11694 37209 1032025 1400361 62662906 64742890 0 0 0 0 8656451 9289066 0 0 0 54390678 54804206 63047129 64093272 -384223 649618 16510908 17651760 5568933 6060167 10941975 11591593 To facilitate research and development within the Texas A&M University System and selected other entities. 0 0 64432797 63250319 To facilitate research and development within the Texas A&M University System and selected other entities. 64432797 1 0 0 0 0 0 0 0 0 1 1 1 0 0 0 1 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 18 0 1 0 0 0 0 0 0 0 0 0 0 0 X 3 0 0 0 0 0 0 1 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X X Dana Thomas 9798453806 400 Harvey Mitchell Parkway S Ste College Station TX 77845 X Jack Baldauf President & CEO 0.58 X X 0 0 0 Joe Elabd Director - Chairman of the Board 0.00 X 0 0 0 Kristi Billinger Vice-President, Chief Operating Officer 1.00 X X 0 0 0 MARK BARTEAU President & CEO 0.50 X X 0 0 0 JON MOGFORD DIRECTOR-CHAIRMAN OF THE BOARD 0.20 X 0 0 0 Steven Garrett Vice President, General Counsel & Corporate Secret 5.00 X 0 0 0 Dana Thomas Vice President, CFO and Treasurer 13.00 X 0 0 0 0 0 0 0 0 0 0 0 REV SPONSORED RESEARCH 541900 63305320 63305320 63305320 92210 92210 1434 56435 -55001 -55001 -55001 NET GAIN ON SALE OF INVESTMENTS 541900 761008 761008 NET UNREALIZED GAIN ON INVESTMENT 541900 615043 615043 OTHER REVENUE 541900 23902 23902 408 408 1400361 64742890 63250319 0 1492571 X 9289066 9289142 -76 339 339 60150 60150 42207078 42128108 78970 442313 442313 28978 28978 1139339 1139339 OTHER OPERATING EXPENSE 5233620 5748349 -514729 PAYROLL RELATED COSTS 2347372 2347362 10 MATERIALS & SUPPLIES 2186054 2181958 4096 REPAIRS & MAINTENANCE 661833 661833 497130 494393 2737 64093272 64432797 -339525 0 2145313 1553740 1647712 3863209 96402 52037 21045789 17705886 3917703 3339903 64258 131071 8639520 8711800 16510908 17651760 5115097 5759380 453836 300787 5568933 6060167 X 10806898 11380025 135077 211568 10941975 11591593 16510908 17651760 649618 0 X 0 1 X 0 1 1 X 77447957 70594651 64726057 61642575 63305320 337716560 77447957 70594651 64726057 61642575 63305320 337716560 0 0 0 337716560 684325 599261 279293 1175829 1492571 4231279 684325 599261 279293 1175829 1492571 4231279 78132282 71193912 65005350 62818404 64797891 341947839 0.98760 0.99130 0.01240 0.00870 X 70819 9678 80497 70444 375 70819 71942 -1498 70444 72084 -142 71942 69295 2789 72084 0 0 82657 82657 2170563 1682818 487745 18787569 16018068 2769501 5000 5000 0 3339903 Investment in Mutual Funds 80496 F ASSETS HELD BY TAMU SYSTEM OFFICE 8631304 F 8711800 X 64799325 0 64799325 -56435 -56435 64742890 64149707 56435 56435 64093272 0 64093272 Part X, Line 2: 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 2018 - 2020 remain subject to examination by the United States Internal Revenue Service. Part XI, Line 4b - Other Adjustments: Basis of Disposed Equipment -56,435. Part XII, Line 2d - Other Adjustments: Basis of Disposed Equipment 56,435. Europe 0 1 Program Services Research 36813695 North America 0 1 Program Services Research 29100 Sub-Saharan Africa 0 1 Program Services Research 4158 0 3 0 0 0 3 36846953 0 36846953 0 0 0 0 0 0 Part III Accounting Method: SCHEDULE F, PART 1, LINE 2 EXPENDITURE RECORDS AND REPORTING - THE RF IS NOT A GRANTMAKER, AND WHILE IT DOES NOT MAKE GRANTS TO FOREIGN ORGANIZATIONS OR TO FOREIGN INDIVIDUALS, IT DOES ADMINISTER GRANTS, CONTRACTS AND OTHER SPONSORED PROGRAMS FUNDED BY OTHERS, INCLUDING GRANTS WITH ACTIVITY IN FOREIGN COUNTRIES. THE RF COMPLIES WITH SPONSOR REQUIREMENTS AS WELL AS 2 CFR CHAPTER II, PART 200 IN ITS COSTING, ADMINISTRATION, AND RECORD-KEEPING PRACTICES INCLUDING RECORDS OF ALL DISBURSEMENTS AND REPORTS ON THE USAGE OF THE SPONSORS' FUNDS. Form 990, Part VI, Section A, line 7a There are three members of the Board consisting of the Interim Vice Chancellor for Research, TAMU, the President and CEO of the Foundation and the Interim Vice President for Research, TAMUS, and the Vice President and COO of the Foundation and the Executive Director for Sponsored Research Services, TAMU. 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 15 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. Form 990, Part IX, line 11g OTHER PROFESSIONAL FEES & SERVICES: Program service expenses 42,128,108. Management and general expenses 78,970. Fundraising expenses 0. Total expenses 42,207,078.