The University of Texas Foundation Inc logo

The University of Texas Foundation Inc

Public charity · Grantmaker Austin, TX EIN: 74-1587488 Website

The University of Texas Foundation Inc. is a public charity based in Austin, Texas. Established by the UT System Board of Regents in 1967, it operates independently under its own board and manages gifts to support The University of Texas System and its 14 institutions.

The University of Texas Foundation Inc at a glance

In short: The University of Texas Foundation Inc gave $64.4M across 15 grants in 2025 (avg $4.3M), mostly in Texas. 7% of 2025 grantees were new. Source: 2025 IRS Form 990.

Annual giving (2025)
$64,449,690
+4.9% vs 2024
Grants made (2025)
15
+7.1% vs 2024
Average grant
$4,296,646
-2.1% vs 2024
Median grant
$827,909
Total assets
$104,805,068
+7.0% vs 2024
New grantees (estimate)
7% first-time grantees (1 of 15, 2025; small sample)
Primary geography
Texas (100% of itemized 2025 grant dollars)
Latest 990 filing
Form 990, 2025 View filing

Data from IRS Form 990, 2025; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).

How to apply to The University of Texas Foundation Inc

Contact

Mailing address: 9011 Mountain Ridge Drive 150, Austin, TX 78759
Phone: (512) 473-8985
Website: https://utxf.org

Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.

Who The University of Texas Foundation Inc funds

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2025

University of Texas Austin: $26.6MUniversity of Texas Austin$26.6MUtmd Anderson: $19.7MUtmd Anderson$19.7MUniversity of Texas Health Science Center San Antonio: $5.5MUniversity of Texas HealthScience Center San Antonio$5.5MUniversity of Texas San Antonio: $4.2MUniversity of Texas SanAntonio$4.2MUniversity of Texas El Paso: $2.2MUniversity of Texas El Paso$2.2MUniversity of Texas Dallas: $2.2MUniversity of Texas Dallas$2.2MUniversity of Texas System: $1.8MUniversity of Texas System$1.8MUniversity of Texas Health Science Center Houston: $828KUniversity of Texas HealthScience Center Houston$828KUniversity of Texas Arlington: $773KUniversity of Texas Arlington$773KUT Permian Basin: $280KUT Permian Basin$280K

The largest 2025 recipient was University of Texas Austin ($26.6M). Together the top 10 received $64.1M.

Grant Size Distribution

69 grants across all recorded years

6<$50K11$50–100K5$100–250K8$250–500K6$500K–1M21$1–5M12$5M+

The most common grant size was in the $1–5M range: 21 grants of 69 (30%).

Geographic Focus

Where this funder awards grants

The Foundation supports the 14 institutions of The University of Texas System, which the Foundation lists as academic and health institutions. All reported 2025 grant dollars went to recipients in Texas.

Grant Distribution by State

1state

Share of 2025 grant dollars across all 15 itemized grants.

States

Cities

AustinHoustonSan AntonioTylerArlingtonEl PasoGalvestonOdessaRichardsonDallasEdinburgNacogdoches

Is The University of Texas Foundation Inc open to new grantees?

7%

first-time grantees, 2025

In 2025, 1 of 15 grantees (7%) were first-time recipients. With only 15 grantees, that is a small sample: one grantee more or less moves the share by about 7 points. First grants averaged $26K; repeat grants $4.6M. How we count

Medians: $26K first-time, $1.3M repeat.

  • 93% of 2025 grantees were also funded in 2024. Method
  • Giving grew 36% from 2022 to 2025. Method

Estimate from itemized grant lists in IRS Form 990 filings (2019–2025). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.

Giving History

Giving Over Time

Total grant dollars and number of grants per year

$0$20M$40M$60M$80M14 grants2019 14 grants2020 13 grants2021 13 grants2022 14 grants2023 14 grants2024 15 grants2025

From 2019 to 2025, annual grant giving ranged from $32.9M (2020) to $64.4M (2025). In 2025 it made 15 grants totaling $64.4M.

Grants by year

Grant recipients and amounts by year

RecipientPurposeAmount
University of Texas Austin Austin, TXEducational/Research$26,561,041
Utmd Anderson Houston, TXEducational/Research$19,708,205
University of Texas Health Science Center San Antonio San Antonio, TXEducational/Research$5,521,635
University of Texas San Antonio San Antonio, TXEducational/Research and Scholarships$4,228,644
University of Texas El Paso El Paso, TXEducational/Research$2,173,950
University of Texas Dallas Richardson, TXEducational/Research$2,161,551
University of Texas System Austin, TXEducational/Research$1,818,917
University of Texas Health Science Center Houston Houston, TXEducational/Research$827,909
University of Texas Arlington Arlington, TXEducational/Research$772,828
UT Permian Basin Odessa, TXEducational/Research$280,372
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Financial History

Multi-year comparison from IRS filings

Figures from IRS filings, by filing year
Filing yearTotal AssetsRevenueExpensesGrants paidGrantsNet Investment Income
2025$104,805,068$69,548,475$67,901,401$64,449,69015$2,935,739
2024$97,993,520$68,530,313$64,804,284$61,459,78314$4,555,334
2023$90,164,241$53,709,870$51,129,188$48,052,12614$2,202,971
2022$83,486,599$47,631,342$50,729,809$47,376,68313$1,153,704
2021$88,879,484$47,692,096$45,946,940$42,669,89913$4,743,148
2020$78,405,261$36,491,937$36,103,845$32,886,84214$2,771,175
2019$73,689,547$44,037,296$36,558,691$33,361,30914$10,043,875

Research compiled by Grantable AI from public sources. Last updated October 2026.

Mission & Focus Areas

The Foundation states that its mission is to advance education through financial support of the University of Texas System and its branches, departments, schools, and colleges across its 14 institutions. Its 2025 filing describes funding for educational and research projects and payments made to meet conditions of gifts to System institutions.

The 2025 grants listed include support for universities and health institutions in the System. Stephen F. Austin State University received $25,613; the university describes its mission as supporting the university and its students.

Grantmaking

In filing year 2025, the Foundation reported 15 grants totaling $64,449,690. Grant amounts ranged from $25,613 to $26,561,041, with a median grant of $827,909. The largest reported grants included $26,561,041 to The University of Texas at Austin and $19,708,205 to UT MD Anderson, both for educational and research purposes. Other large awards included $5,521,635 to The University of Texas Health Science Center San Antonio for educational and research purposes and $4,228,644 to The University of Texas at San Antonio for educational and research and scholarships.

The Foundation’s website describes ways to give to benefit UT institutions, including gifts by check, stock, wire, and credit card. It says that when a gift must be made to a 501(c)(3) organization, the Foundation may accept it on behalf of an institution and forward the gift to the designated institution in full. The available information does not state an application process for grant seekers.

Leadership & Key People

Leadership team and compensation from IRS filings

The 2025 filing lists Alfred M Meyerson as president elect; Brian T McLaughlin as vice president and treasurer; and Bruce Rideaux, Carol A Huebner, Charles W Matthews Jr, Cynthia Adkins, David Oliveira, Douglas Glass, Lisa Saenz, and Michael L Cook as directors.

The Foundation’s website lists Sheri DeSpain as executive director and Becky Thompson as chief financial officer.

The University of Texas Foundation Inc is led by Sheri Despain, Executive Director since 2025 (on filings since 2019); 2 of 23 officers listed in 2025 are compensated.

Officers on the 2025 filing

  • Sheri Despain

    Executive Director

    Executive Director & CFO → Executive Director, 2025

    On filings since 2019

    40 hrs/week

    $145K (2019) → $236K (2025)

  • Sonia Perez

    President

    Vice President & Secretary → President Elect, 2022

    President Elect → President, 2024

    On filings since 2019

    3 hrs/week

    No compensation reported

  • Charles W. Matthews Jr.

    Director

    On filings since 2019

    1 hr/week

    No compensation reported

  • Michael L. Cook

    Director

    On filings since 2019

    1 hr/week

    No compensation reported

  • Michelle Brock

    Director

    President Elect → Director, 2020

    On filings since 2019

    1 hr/week

    No compensation reported

  • R. Gordon Appleman

    Director

    On filings since 2019

    1 hr/week

    No compensation reported

  • Shannon H. Ratliff

    Director

    On filings since 2019

    1 hr/week

    No compensation reported

  • Thomas J. Perich

    Director

    President → Immediate Past President, 2022

    Immediate Past President → Director, 2024

    On filings since 2019

    1 hr/week

    No compensation reported

  • Wofford Denius

    Director

    On filings since 2020

    1 hr/week

    No compensation reported

  • Bruce Rideaux

    Director

    On filings since 2023

    1 hr/week

    No compensation reported

  • Carol A. Huebner

    Director

    On filings since 2023

    1 hr/week

    No compensation reported

  • Cynthia Adkins

    Director

    On filings since 2023

    1 hr/week

    No compensation reported

  • David Oliveira

    Director

    On filings since 2023

    1 hr/week

    No compensation reported

  • Douglas Glass

    Director

    On filings since 2023

    1 hr/week

    No compensation reported

  • Lisa Saenz

    Director

    On filings since 2023

    1 hr/week

    No compensation reported

  • Quan Cosby

    Director

    On filings since 2023

    1 hr/week

    No compensation reported

  • Karen Gantt

    Director

    New on the 2025 filing

    1 hr/week

    No compensation reported

  • Richard Leshin

    Director

    New on the 2025 filing

    1 hr/week

    No compensation reported

  • Becky Thompson

    CFO

    New on the 2025 filing

    40 hrs/week

    $144K (2025)

  • Alfred M. Meyerson

    President Elect

    Vice President & Treasurer → Vice President & Secretary, 2022

    Vice President & Secretary → President Elect, 2024

    On filings since 2019

    1 hr/week

    No compensation reported

  • Brian T. McLaughlin

    Vice President & Treasurer

    Director → Vice President & Treasurer, 2024

    On filings since 2019

    1 hr/week

    No compensation reported

  • Rex G. Baker III

    Immediate Past President

    President Elect → President, 2022

    President → Immediate Past President, 2024

    On filings since 2019

    1 hr/week

    No compensation reported

  • Tracy Laquey Parker

    Vice President & Secretary

    Director → Vice President & Treasurer, 2022

    Vice President & Treasurer → Vice President & Secretary, 2024

    On filings since 2020

    1 hr/week

    No compensation reported

Former officers (10)
  • Former: Tim Taylor (2019–2024) — Director
  • Former: Hector Deleon (2020–2024) — Director
  • Former: Betsy Chadderdon Frantz (2019–2022) — Director
  • Former: Melinda Hill Perrin (2019–2022) — Director
  • Former: Annie Holand Miller (2019–2021) — Director
  • Former: James A. Prentice (2019–2021) — Immediate Past President
  • Former: John Stuart III (2019–2021) — Director
  • Former: Pamela P. Willeford (2019–2021) — Director
  • Former: Hector De Leon (2019) — Director
  • Former: John W. Fainter Jr. (2019) — Vice President & Secretary

Data from IRS Form 990 filings, 2019–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2025 IRS filing

Sheri Despain — Executive Director: $236KSheri DespainExecutive Director$236KBecky Thompson — CFO: $144KBecky ThompsonCFO$144K

The highest reported compensation on the 2025 filing was $236K, to Sheri Despain (Executive Director). 2 officers or directors reported compensation on that filing.

Frequently asked questions about The University of Texas Foundation Inc

How much does The University of Texas Foundation Inc give each year?

The University of Texas Foundation Inc gave $64.4M across 15 grants in 2025, according to its 2025 IRS Form 990. In 2024 it gave $61.5M across 14 grants.

What is The University of Texas Foundation Inc's typical grant size?

The University of Texas Foundation Inc's median grant in 2025 was $827,909, and its average grant was $4,296,646, across 15 grants on its 2025 IRS Form 990. Organizations receiving their first grant from The University of Texas Foundation Inc that year got $26K on average.

Where does The University of Texas Foundation Inc give grants?

The University of Texas Foundation Inc gives mostly in Texas: 100% of the grant dollars itemized on its 2025 IRS Form 990 went to recipients there. The most frequent recipient cities were Austin, TX (2 grants), Houston, TX (2 grants) and San Antonio, TX (2 grants).

Does The University of Texas Foundation Inc give general operating support?

Not in 2025: none of the 15 grants with a stated purpose on The University of Texas Foundation Inc's 2025 IRS Form 990 were described as general or operating support. Recurring purposes include "Educational/Research" (14 grants).

Who are The University of Texas Foundation Inc's largest grantees?

The University of Texas Foundation Inc's largest 2025 grantees include University of Texas Austin ($26,561,041), Utmd Anderson ($19,708,205) and University of Texas Health Science Center San Antonio ($5,521,635), according to its 2025 IRS Form 990. Together they received 80% of its itemized 2025 grant dollars.

How large is The University of Texas Foundation Inc?

The University of Texas Foundation Inc reported $104.8M in total assets on its 2025 IRS Form 990. Its revenue that year was $69.5M.

What does The University of Texas Foundation Inc fund?

The Foundation states that its mission is to advance education through financial support of the University of Texas System and its branches, departments, schools, and colleges across its 14 institutions. See mission & focus areas ↑

How do I apply for a grant from The University of Texas Foundation Inc?

The University of Texas Foundation Inc has no public application process in the sources Grantable reviewed. Check utxf.org for current guidelines, or contact the foundation directly before submitting a request.

What is The University of Texas Foundation Inc's EIN?

The University of Texas Foundation Inc's EIN (Employer Identification Number) is 74-1587488. IRS Form 990 filing data is available on this page for 2019–2025.

Data last updated October 2026. Sourced from IRS Form 990 filings. Research dossier generated October 2026.

Data update history

(7)

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990 for fiscal year 2020 (received by the IRS July 21, 2021)
  2. Updated Form 990 for fiscal year 2025 (received by the IRS June 30, 2026)
  3. Added Form 990 for fiscal year 2019 (received by the IRS August 10, 2020)
  4. Updated Form 990 for fiscal year 2021 (received by the IRS July 14, 2022)
  5. Updated Form 990 for fiscal year 2022 (received by the IRS October 12, 2023)
  6. Updated Form 990 for fiscal year 2023 (received by the IRS July 30, 2024)
  7. Updated Form 990 for fiscal year 2024 (received by the IRS July 4, 2025)

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Cite this profile

Grantable. (2026). The University of Texas Foundation Inc funder profile. GrantGraph. Retrieved October 11, 2026, from https://grantable.co/funders/the-university-of-texas-foundation-inc-morg_d322c4f237b44e06b3078b5f44721d04

BibTeX
@misc{grantable_741587488_2026,
  author       = {{Grantable}},
  title        = {{The University of Texas Foundation Inc funder profile}},
  howpublished = {GrantGraph},
  year         = {2026},
  url          = {https://grantable.co/funders/the-university-of-texas-foundation-inc-morg_d322c4f237b44e06b3078b5f44721d04},
  note         = {Accessed 2026-10-11. Data licensed CC BY 4.0}
}

The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.

Figures come from The University of Texas Foundation Inc's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.

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