Overview
What is Red Raider Facilities Foundation Inc?
Red Raider Facilities Foundation Inc is a nonprofit organization located in Fort Worth, Texas, with the address 801 Cherry Street 500, ZIP code 76102. Their primary mission is to support and promote Texas Tech University's athletics by investing, holding, and administering property, and making expenditures for this purpose. The foundation has been instrumental in the development of new athletic facilities for Texas Tech University, such as a new athletic training facility for the football team and a new South End Zone for Jones AT&T Stadium. These projects include a four-level building connected to the Sports Performance Center and the new Athletic Training Facility via a skybridge. Once completed, the foundation will transfer ownership of the facilities to Texas Tech University.
Is Red Raider Facilities Foundation Inc legitimate?
Red Raider Facilities Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Red Raider Facilities Foundation Inc 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
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What is the mission statement of Red Raider Facilities Foundation Inc?
The Red Raider Facilities Foundation Inc is dedicated to supporting and promoting athletics at Texas Tech University. Through holding, investing, and administering property, the Foundation makes expenditures to enhance the athletic facilities and programs. A notable project includes the development of a new athletic training facility and a new south end zone for Texas Tech University's football team. These facilities, once completed, will be transferred to the ownership of Texas Tech University. The Foundation's initiatives aim to elevate the athletic capabilities and experience for the university's student-athletes.
Who is the CEO of Red Raider Facilities Foundation Inc?
Christopher Huckabee is the Chairman of Red Raider Facilities Foundation Inc.
What is the revenue of Red Raider Facilities Foundation Inc?
Red Raider Facilities Foundation Inc's revenue in 2023 was $23,202,647.
Who are the executives of Red Raider Facilities Foundation Inc and what are their salaries?
There 3 volunteers at Red Raider Facilities Foundation Inc.
Here are 3 key members and their salaries:
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- Related: $0
- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
Where can I find the form 990 for Red Raider Facilities Foundation Inc?
Red Raider Facilities Foundation Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Red Raider Facilities Foundation Inc
Red Raider Facilities Foundation, a dedicated organization, works tirelessly to support and enhance athletics at Texas Tech University. Its primary mission involves holding, investing, and administering property, as well as making expenditures for the betterment of the university's athletic programs.
Specifically, Red Raider Facilities Foundation has undertaken several significant projects to benefit Texas Tech University's athletics. One of these projects includes the development of a new athletic training facility for the university's football team. This cutting-edge facility is designed to provide top-notch resources and support for the athletes, contributing to their overall performance and well-being.
Another initiative undertaken by Red Raider Facilities Foundation is the development of a new south end zone for Jones AT&T Stadium. This project encompasses constructing a four-level building that connects via skybridge to the Sports Performance Center and the new Athletic Training Facility. Once completed, the Foundation will transfer ownership of these facilities to Texas Tech University, ensuring their continued use and success for the university's athletic programs.
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Impact
October, 2024
Red Raider Facilities Foundation Inc plays a crucial role in enhancing the athletic environment at Texas Tech University. By developing state-of-the-art facilities, such as a new athletic training facility for the football team and a multi-level building in the south end zone of Jones AT&T Stadium, the foundation significantly uplifts the standards of training and performance for student-athletes.
These advancements provide athletes with access to modern resources and improve their overall training experience, fostering better performance on the field. Additionally, the connection of these new facilities via a skybridge to the Sports Performance Center promotes seamless integration of training, recovery, and academic pursuits.
Once completed, the foundation transfers ownership of these facilities to Texas Tech University, ensuring long-term benefits for the athletic department. Overall, the foundation's impact goes beyond infrastructure; it enriches the culture of athletics at Texas Tech, contributing to the development of student-athletes both as competitors and individuals.
This information is meant to be a general summary of Red Raider Facilities Foundation Inc. 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: $539,955
- Gross Receipts: $23,242,306
Assets and Liabilities:
- Total Assets: $143,095,740
- Total Liabilities: $49,597,043
- Net Assets: $93,498,697
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Organization Details
Founding Year
2021
Phone
(512) 770-4207Principal Officer
Christopher Huckabee
Main Address
801 CHERRY STREET 500, FORT WORTH, TX, 76102
NTEE Category
Code: B80 - Education
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