Overview
What is Texas Tech Law School Foundation?
The Texas Tech Law School Foundation serves as a medium for accepting and distributing private donations intended for the activities, programs, and scholarships within the Texas Tech University School of Law. Based in Lubbock, Texas, the foundation functions as a legal conduit for the investment and allocation of these gifts, directly contributing to the mission, role, and scope of the law school. This year, scholarships were granted to students enrolled at the Texas Tech School of Law. The foundation's primary purpose is to support the law school's initiatives and empower its students through financial aid.
Official website here: www.depts.ttu.edu/law/alumni/foundatio
What are the reviews and ratings of this charity?
The Texas Tech Law School Foundation has received a Three-Star out of Four Star rating from Charity Navigator, with a score of 89%. This rating is derived entirely from its Accountability & Finance metrics, indicating a high level of fiscal responsibility and transparency. The organization's financial health is supported, notably, by a healthy liabilities to assets ratio and a strong fundraising efficiency ratio.
Strengths of the foundation include a fully independent board and a comprehensive audit and oversight process. Additionally, the organization has no material diversion of assets and provides accurate documentation of board meeting minutes. However, the nonprofit has room for improvement in governance policies, such as implementing a whistleblower policy and a document retention and destruction policy.
Despite these minor shortcomings, the overall financial practices and board independence suggest a reliable and effectively managed foundation. The absence of user reviews on GreatNonprofits indicates a lack of direct public testimonials, but the quantitative metrics reflect positively on the foundation's accountability and financial practices.
This AI summary has been generated from information found on Charity Navigator.
Is Texas Tech Law School Foundation legitimate?
Texas Tech Law School Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Texas Tech Law School Foundation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
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For more financial information, click here
Official website here: www.depts.ttu.edu/law/alumni/foundatio
What is the mission statement of Texas Tech Law School Foundation?
The Texas Tech Law School Foundation serves as a legal channel for accepting, investing, and distributing private donations aimed at funding activities and programs directly related to the mission, role, and scope of the Texas Tech University School of Law. The foundation's primary function is to facilitate the allocation of these gifts to support various initiatives and scholarships within the law school. This year, scholarships were presented to students attending the Texas Tech School of Law. In essence, the Texas Tech Law School Foundation acts as a mediator, ensuring private contributions contribute significantly to the law school's activities and programs.
Official website here: www.depts.ttu.edu/law/alumni/foundatio
Who is the CEO of Texas Tech Law School Foundation?
Tom Hall is the President of Texas Tech Law School Foundation.
Official website here: www.depts.ttu.edu/law/alumni/foundatio
What is the revenue of Texas Tech Law School Foundation?
Texas Tech Law School Foundation's revenue in 2022 was $11,819,012.
Official website here: www.depts.ttu.edu/law/alumni/foundatio
Who are the executives of Texas Tech Law School Foundation and what are their salaries?
There 1500 volunteers at Texas Tech Law School Foundation.
Here are 49 key members and their salaries:
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Official website here: www.depts.ttu.edu/law/alumni/foundatio
Where can I find the form 990 for Texas Tech Law School Foundation?
Texas Tech Law School Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.depts.ttu.edu/law/alumni/foundatio
Learn more at the official website: www.depts.ttu.edu/law/alumni/foundatio
Mission Statement of Texas Tech Law School Foundation
The Texas Tech Law School Foundation serves as a legal conduit, accepting, investing, and distributing private gifts aimed at funding activities and programs that align directly with the mission, role, and scope of the Texas Tech University School of Law. This nonprofit organization plays a crucial role in channeling private donations towards enhancing the educational experiences and opportunities available at the law school, including funding for various programs and scholarships. This year, scholarships were awarded to individuals studying at the Texas Tech School of Law.
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Impact
July, 2024
Texas Tech Law School Foundation has a significant impact on the Texas Tech University School of Law by serving as a conduit for accepting, investing, and distributing private gifts for the funding of activities and programs directly related to the School of Law's mission. Through the distribution of scholarships and support for various programs, the foundation plays a crucial role in supporting students and enhancing the educational experience at the law school. The foundation's contributions help to ensure the continued success and excellence of the Texas Tech University School of Law.
This information is meant to be a general summary of Texas Tech Law School Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: -$41,646
- Program Service Revenue: $15,650
- Gross Receipts: $11,819,012
Assets and Liabilities:
- Total Assets: $29,839,705
- Total Liabilities: $64,221
- Net Assets: $29,775,484
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
LEGAL SEMINARS
Revenue
$15,650
Organization Details
Founding Year
1967
Phone
(806) 742-3990Principal Officer
Tom Hall
Main Address
1802 HARTFORD ST, LUBBOCK, TX, 79409
NTEE Category
Code: B50 - Education
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