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
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| 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
Grant Insights
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2024
Grant Size Distribution
8 grants across all recorded years
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
| Name | Title | Hours | Compensation |
|---|---|---|---|
| PATRICK KRAMER | CHIEF EXECUTIVE OFFICER | 1 | — |
| KIMBERLY C FORD | CHAIRMAN | 3 | — |
| TIM LANCASTER | VICE CHAIRMAN | 5 | — |
| JUAN NEVAREZ | SECRETARY | 3 | — |
| JAMES MAULDIN | TREASURER | 1 | — |
| STEVE GRAY | DIRECTOR | 2 | — |
| J PAT HICKMAN | DIRECTOR | 0.25 | — |
| MICHAEL F OWEN MD | DIRECTOR | 5 | — |
| JACK RENTZ | DIRECTOR | 1 | — |
| JIM SKINNER | DIRECTOR | 2 | — |
| BEN STRIBLING | DIRECTOR | 1 | — |
| ROBERT TAYLOR JR | DIRECTOR | 8 | — |
| LESLIE WARD | DIRECTOR | 1 | — |
| DENNIS KRUSE | DIRECTOR | 1 | — |
| RANDY MORRIS | DIRECTOR | 2 | — |
| CHRISTI QUINN | DIRECTOR | 1.5 | — |
| BRADLEY BOUMA | DIRECTOR | 2 | — |
| KYLE MCGRAW | DIRECTOR | 1 | — |
| HOLLAND O'NEAL | DIRECTOR | 0.25 | — |
| BEN STRICKLING | DIRECTOR | 1 | — |
| SCOTT WISNIEWSKI | DIRECTOR | 1 | — |
| CHERRY WRIGHT | DIRECTOR | 4 | — |
| DAVID ALDERSON | DIRECTOR | 1 | — |
| WALT CATHEY | DIRECTOR | 1 | — |
| ROBERT L DUNCAN | DIRECTOR | 1 | — |
| BARRY STREET | DIRECTOR | 1 | — |
| TIM WINN | DIRECTOR | 1 | — |
| BARNEY ADAMS | DIRECTOR | 1 | — |
| JOE J PARKER JR | DIRECTOR | 3 | — |
| GERALD G DIXON | DIRECTOR | 1 | — |
| GORDON DAVIS | DIRECTOR | 1 | — |
| DAVID COPELAND | DIRECTOR | 1 | — |
| DAVID KING | DIRECTOR | 1 | — |
| LANNY LAYMAN | DIRECTOR | 0.5 | — |
| KEVIN NELSON | DIRECTOR | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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