Overview
What is Texas State University Development Foundation?
The Texas State University Development Foundation is a nonprofit organization located at 601 University Drive, San Marcos, Texas. Its primary mission is to support and advance the objectives of Texas State University by managing and investing gifts established as endowments. These endowments are intended to benefit the university's students, faculty, and staff. The foundation carries out this mission by engaging in development efforts, collaborating with groups interested in fundraising, and accepting and investing donations for the betterment of Texas State University.
Official website here: www.developmentfoundation.txstate
Is Texas State University Development Foundation legitimate?
Texas State University Development Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Texas State University Development 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.
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Official website here: www.developmentfoundation.txstate
What is the mission statement of Texas State University Development Foundation?
The Texas State University Development Foundation's mission is to uphold and advance the objectives of Texas State University. This is achieved by accepting and investing donations established as endowments, which in turn benefit the university's students, faculty, and staff. The organization manages and administers these funds, actively engages in development efforts, and collaborates with groups interested in fundraising activities, all for the betterment of Texas State University.
Official website here: www.developmentfoundation.txstate
What is the revenue of Texas State University Development Foundation?
Texas State University Development Foundation's revenue in 2024 was $10,969,793.
Official website here: www.developmentfoundation.txstate
Who are the executives of Texas State University Development Foundation and what are their salaries?
There 44 volunteers at Texas State University Development Foundation.
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Official website here: www.developmentfoundation.txstate
Where can I find the form 990 for Texas State University Development Foundation?
Texas State University Development Foundation's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.developmentfoundation.txstate
Learn more at the official website: www.developmentfoundation.txstate
Mission Statement of Texas State University Development Foundation
The Texas State University Development Foundation's mission is centered around supporting and enhancing the mission of Texas State University. They achieve this by accepting and skillfully investing gifts that have been established as endowments, with the primary beneficiaries being the university's students, faculty, and staff. The organization's role extends beyond just managing funds; they also engage in development efforts and collaborate with groups that show interest in fundraising initiatives. All these activities are carried out with the ultimate goal of benefiting Texas State University.
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Impact
October, 2024
The Texas State University Development Foundation significantly enhances the educational landscape at Texas State University by accepting and strategically investing gifts that are established as endowments. This organization is dedicated to supporting the university's mission by administering funds that benefit students, faculty, and staff. Through its development efforts, the foundation collaborates with various groups to foster fundraising initiatives, ensuring a sustainable flow of resources that enrich the academic environment.
By channeling financial support into endowments, the foundation plays a crucial role in providing scholarships, funding research, and enhancing educational programs. This investment not only strengthens the university's offerings but also cultivates a community of learners prepared to make meaningful contributions to society. Ultimately, the Texas State University Development Foundation is instrumental in advancing the university's goals and ensuring that it remains a vital institution for higher education in Texas.
This information is meant to be a general summary of Texas State University Development 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 2024.
- Investment Income: $1,944,896
- Gross Receipts: $20,759,202
Assets and Liabilities:
- Total Assets: $105,180,294
- Total Liabilities: $645,369
- Net Assets: $104,534,925
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Organization Details
Founding Year
1977
Principal Officer
Brooks Hull
NTEE Category
Code: B110 - Education
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