Overview
What is The University Of Texastexas A&M Investment Management Company?
The University of Texas A&M Investment Management Company, based in Austin, Texas, is a nonprofit organization under the control and management of the Board of Regents of The University of Texas System. Their mission is to offer professional investment management and related services, aiming to generate superior long-term returns for the funds under the Board's management. This supports Texas and Texas A&M University systems in delivering excellence in teaching, groundbreaking research, and world-class patient healthcare. Employing a workforce of 149 individuals, they strive to maximize investment gains to contribute significantly to the advancement of both universities.
Official website here: www.utimco.org
What are the reviews and ratings of this charity?
Charity Navigator rating: 89%, Three-Star out of Four Star rating.
The University of Texas Texas A&M Investment Management Company has received a commendable score of 89%, reflecting strong performance in accountability and finance. The organization has achieved full marks in several categories, including having an independent board and robust financial oversight practices, indicating a commitment to transparency and responsible stewardship of funds.
The majority of the board members are independent, which enhances governance and minimizes conflicts of interest. The organization has established effective policies for whistleblower protections, document retention, and conflict of interest, contributing to its overall accountability. Additionally, the program expense ratio is impressive, indicating that a significant portion of their resources is directed towards their mission.
However, the organization's liabilities to assets ratio shows room for improvement, as it stands at 59.94%. While the overall performance is strong, addressing this aspect could strengthen their financial stability further. Overall, the organization demonstrates a solid commitment to ethical financial practices and effective management.
This AI summary has been generated from information found on Charity Navigator.
Is The University Of Texastexas A&M Investment Management Company legitimate?
The University Of Texastexas A&M Investment Management Company is a legitimate nonprofit organization registered as a 501(c)(3) entity. The University Of Texastexas A&M Investment Management Company 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:
Executive Compensation: $22,255,345
Professional Fundraising Fees: $0
Other Salaries and Wages: $26,042,145
For more financial information, click here
Official website here: www.utimco.org
What is the mission statement of The University Of Texastexas A&M Investment Management Company?
The University of Texas and Texas A&M Investment Management Company is committed to delivering professional investment management services to the funds under the oversight of the University of Texas System's Board of Regents. Their primary objective is to generate superior long-term investment returns, which in turn, support the teaching, research, and patient healthcare initiatives at both The University of Texas and Texas A&M systems. By effectively managing these investments, they contribute significantly to the world-class education, groundbreaking discoveries, and advanced healthcare services these institutions provide for the people of Texas and beyond.
Official website here: www.utimco.org
Who is the CEO of The University Of Texastexas A&M Investment Management Company?
Richard L Hall is the CEO of The University Of Texastexas A&M Investment Management Company The CEO's salary of The University Of Texastexas A&M Investment Management Company is $1,619,768 and their total compensation is $3,379,599.
Official website here: www.utimco.org
What is the revenue of The University Of Texastexas A&M Investment Management Company?
The University Of Texastexas A&M Investment Management Company's revenue in 2023 was $70,085,321.
Official website here: www.utimco.org
Who are the executives of The University Of Texastexas A&M Investment Management Company and what are their salaries?
The average compensation at The University Of Texastexas A&M Investment Management Company during 2023 was $305,680. There are 158 employees at The University Of Texastexas A&M Investment Management Company.
Here are 35 key members and their salaries (The University Of Texastexas A&M Investment Management Company's CEO's salary is $1,619,768 and their total compensation is $3,379,599):
- Compensation: $0
- Related: $952,919
- Other: $49,640
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $482,470
- Related: $0
- Other: $430,749
- Compensation: $419,530
- Related: $0
- Other: $580,737
- Compensation: $386,408
- Related: $0
- Other: $303,501
- Compensation: $477,155
- Related: $0
- Other: $603,149
- Compensation: $719,742
- Related: $0
- Other: $690,852
- Compensation: $442,859
- Related: $0
- Other: $213,005
- Compensation: $173,492
- Related: $0
- Other: $201,823
- Compensation: $838,689
- Related: $0
- Other: $468,653
- Compensation: $728,487
- Related: $0
- Other: $341,497
- Compensation: $363,388
- Related: $0
- Other: $44,105
- Compensation: $524,709
- Related: $0
- Other: $37,800
- Compensation: $437,797
- Related: $0
- Other: $451,289
- Compensation: $641,864
- Related: $0
- Other: $692,757
- Compensation: $1,619,768
- Related: $0
- Other: $1,759,831
- Compensation: $749,002
- Related: $0
- Other: $918,050
- Compensation: $769,134
- Related: $0
- Other: $642,574
- Compensation: $3,982,438
- Related: $0
- Other: $2,217,124
- Compensation: $943,584
- Related: $0
- Other: $460,826
- Compensation: $348,267
- Related: $0
- Other: $205,518
- Compensation: $341,657
- Related: $0
- Other: $289,193
- Compensation: $761,278
- Related: $0
- Other: $424,553
- Compensation: $346,203
- Related: $0
- Other: $373,973
- Compensation: $347,437
- Related: $0
- Other: $331,982
- Compensation: $384,632
- Related: $0
- Other: $22,231
Official website here: www.utimco.org
Where can I find the form 990 for The University Of Texastexas A&M Investment Management Company?
The University Of Texastexas A&M Investment Management Company's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.utimco.org
Learn more at the official website: www.utimco.org
Mission Statement of The University Of Texastexas A&M Investment Management Company
The University of Texas A&M Investment Management Company, often referred to as UT System Investments, is a mission-driven organization dedicated to generating superior long-term investment returns. This nonprofit entity, established to manage and invest funds on behalf of The University of Texas and Texas A&M University systems, plays a pivotal role in supporting these esteemed institutions' world-class teaching, groundbreaking research, and exceptional patient care.
In pursuit of its objectives, UT System Investments operates with a resolute focus on the future, leveraging its expertise to deliver stable and consistent investment returns. The organization's efforts are geared towards ensuring the financial sustainability of The University of Texas and Texas A&M University systems, enabling them to continue providing top-tier education, pushing the boundaries of discovery, and delivering world-class healthcare services. By generating substantial returns on investment, UT System Investments enables these institutions to thrive and maintain their position at the forefront of their respective fields.
In essence, the University of Texas A&M Investment Management Company serves as a vital financial partner, collaborating closely with The University of Texas and Texas A&M University systems to fuel their growth and success. Its unwavering commitment to generating superior long-term investment returns translates to a brighter future for these institutions and the students, faculty, and patients they serve.
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Impact
October, 2024
The University of Texas/Texas A&M Investment Management Company plays a critical role in supporting higher education and healthcare initiatives in Texas by managing the investment funds for the Board of Regents of The University of Texas System. Its primary mission is to generate superior long-term investment returns, which directly benefit the University of Texas and Texas A&M University systems.
By optimizing these investments, the company ensures that both institutions can continue providing world-class education, advance research and discovery, and enhance patient healthcare services. The financial returns secured through prudent investment strategies enable these universities to maintain and expand their offerings, ultimately impacting countless students and patients across Texas. This investment management approach not only strengthens the universities' financial foundations but also contributes to the broader economic and social development of the region.
This information is meant to be a general summary of The University Of Texastexas A&M Investment Management Company. 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 2023.
- Investment Income: $2,141,957
- Program Service Revenue: $67,943,364
- Gross Receipts: $70,085,321
Assets and Liabilities:
- Total Assets: $64,562,324
- Total Liabilities: $37,575,254
- Net Assets: $26,987,070
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MANAGEMENT FEES
Revenue
$67,943,364
Program 2
Revenue
$0
Program 3
Revenue
$0
Program 4
Revenue
$0
Program 5
Revenue
$0
Organization Details
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