Texas Tech Foundation Inc logo

Texas Tech Foundation Inc

LUBBOCK, TX EIN: 75-6043842 Website

SEE SCHEDULE O.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$938.1M

+5.4% YoY

Annual Giving

$120.4M

+27.3% YoY

Grant Count

2

+0.0% YoY

Avg Grant Size

$60.2M

+27.3% YoY

About Texas Tech Foundation Inc

Based on IRS filings

Texas Tech Foundation Inc is a nonprofit organization focused on Education, based in LUBBOCK, TX. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $938.1M in total assets. In 2024, it awarded 2 grants totaling $120.4M. Net investment income was $10.3M.

Focus Areas

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

3states

Cities

AtlantaFt WorthLubbockSpokane

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$34M$69M$103M$138M20202021202220232024
Metric202420232022
Total Assets$938,095,082$890,446,404$849,587,948
Revenue$92,698,840$110,148,278$125,336,972
Expenses$122,755,625$97,007,634$96,813,130
Qualifying Distributions
Net Investment Income$10,281,022$10,402,526$8,914,426
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$30M$60M$90M$120M1 grants20201 grants20212 grants20222 grants20232 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 2 recipients in 2024

TEXAS TECH UNIVERSITY SY…$120.3MSPELMAN COLLEGE$50K

Grant Size Distribution

8 grants across all recorded years

<$50K1$50–100K$100–250K1$250–500K1$500K–1M$1–5M5$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
PATRICK KRAMERCHIEF EXECUTIVE OFFICER1
KIMBERLY C FORDCHAIRMAN3
TIM LANCASTERVICE CHAIRMAN5
JUAN NEVAREZSECRETARY3
JAMES MAULDINTREASURER1
STEVE GRAYDIRECTOR2
J PAT HICKMANDIRECTOR0.25
MICHAEL F OWEN MDDIRECTOR5
JACK RENTZDIRECTOR1
JIM SKINNERDIRECTOR2
BEN STRIBLINGDIRECTOR1
ROBERT TAYLOR JRDIRECTOR8
LESLIE WARDDIRECTOR1
DENNIS KRUSEDIRECTOR1
RANDY MORRISDIRECTOR2
CHRISTI QUINNDIRECTOR1.5
BRADLEY BOUMADIRECTOR2
KYLE MCGRAWDIRECTOR1
HOLLAND O'NEALDIRECTOR0.25
BEN STRICKLINGDIRECTOR1
SCOTT WISNIEWSKIDIRECTOR1
CHERRY WRIGHTDIRECTOR4
DAVID ALDERSONDIRECTOR1
WALT CATHEYDIRECTOR1
ROBERT L DUNCANDIRECTOR1
BARRY STREETDIRECTOR1
TIM WINNDIRECTOR1
BARNEY ADAMSDIRECTOR1
JOE J PARKER JRDIRECTOR3
GERALD G DIXONDIRECTOR1
GORDON DAVISDIRECTOR1
DAVID COPELANDDIRECTOR1
DAVID KINGDIRECTOR1
LANNY LAYMANDIRECTOR0.5
KEVIN NELSONDIRECTOR1

Subject Areas

Focus areas based on grantmaking activity

Related Funders

Similar funders by location and focus area

Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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