The University of Texas Foundation Inc
The University of Texas Foundation (UTXF) is a 501(c)(3) public charity established in 1967 by the Board of Regents of The University of Texas System. Headquartered in Austin, Texas, the Foundation operates independently under its own board of directors and manages gifts and investments to support the UT System and its fourteen institutions. The organization functions as a philanthropic intermediary, accepting and managing donations while maintaining separate investment policies for its portfolios.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$98.0M
+8.7% YoY
Annual Giving
$61.3M
+27.8% YoY
Grant Count
14
+0.0% YoY
Avg Grant Size
$4.4M
+27.8% YoY
Mission & Focus Areas
The Foundation's mission is to advance education by providing financial support to The University of Texas System, including its branches, departments, schools, and colleges across the fourteen institutions, to enhance research, teaching, scholarship, faculties, and facilities, ensuring excellence in education.
The Foundation operates two primary program areas:
- Educational Purpose: Gifts to various departments at The University of Texas System institutions for educational and research projects
- Gift Condition Fulfillment: Payments made to meet conditions of gifts to The University of Texas System institutions
Grantmaking
The Foundation provides several specialized services for donors:
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Geographic Focus
Where this funder awards grants
The Foundation supports the fourteen institutions within The University of Texas System:
Academic Institutions:
- Stephen F. Austin State University
- The University of Texas at Arlington
- The University of Texas at Austin
- The University of Texas at Dallas
- The University of Texas at El Paso
- The University of Texas Permian Basin
- The University of Texas Rio Grande Valley
- The University of Texas at San Antonio
- The University of Texas at Tyler
Health Institutions:
- The University of Texas Southwestern Medical Center
- The University of Texas Medical Branch at Galveston
- The University of Texas Health - Houston
- The University of Texas Health - San Antonio
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
Most Recent (2024):
- Total Assets: $97,993,520
- Total Revenues: $68,530,313
- Total Expenses: $64,804,284
- Total Giving: $61,497,038
Prior Year (2023):
- Total Assets: $90,164,241
- Total Revenues: $53,709,870
- Total Expenses: $51,129,188
Workforce:
- Current employees: 8 (as of 2024), representing 33.3% year-over-year growth
- Staff breakdown: General Management (50%), Administrative (25%), Finance (12%), Other (12%)
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $97,993,520 | $90,164,241 | $83,486,599 |
| Revenue | $68,530,313 | $53,709,870 | $47,631,342 |
| Expenses | $64,804,284 | $51,129,188 | $50,729,809 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $4,555,334 | $2,202,971 | $1,153,704 |
| 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 10 recipients in 2024
Grant Size Distribution
68 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
- Sheri Despain: Executive Director
- Sonia Pérez: Board President
- Becky Thompson: Chief Financial Officer
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| ALFRED M MEYERSON | PRESIDENT ELECT | 1 | — |
| BRIAN T MCLAUGHLIN | VP AND TREASURER | 1 | — |
| BRUCE RIDEAUX | DIRECTOR | 1 | — |
| CAROL A HUEBNER | DIRECTOR | 1 | — |
| CHARLES W MATTHEWS JR | DIRECTOR | 1 | — |
| CYNTHIA ADKINS | DIRECTOR | 1 | — |
| DAVID OLIVEIRA | DIRECTOR | 1 | — |
| DOUGLAS GLASS | DIRECTOR | 1 | — |
| HECTOR DELEON | DIRECTOR | 1 | — |
| LISA SAENZ | DIRECTOR | 1 | — |
| MICHAEL L COOK | DIRECTOR | 1 | — |
| MICHELLE BROCK | DIRECTOR | 1 | — |
| QUAN COSBY | DIRECTOR | 1 | — |
| R GORDON APPLEMAN | DIRECTOR | 1 | — |
| REX G BAKER III | IMMEDIATE PAST PRESIDENT | 1 | — |
| SHANNON H RATLIFF | DIRECTOR | 1 | — |
| SONIA PEREZ | PRESIDENT | 3 | — |
| THOMAS J PERICH | DIRECTOR | 1 | — |
| TIM TAYLOR | DIRECTOR | 1 | — |
| TRACY LAQUEY PARKER | VP AND SECRETARY | 1 | — |
| WOFFORD DENIUS | DIRECTOR | 1 | — |
| SHERI DESPAIN | EXECUTIVE DIRECTOR AND CFO | 40 | $205,541 |
Contact Information
- Address: 9011 Mountain Ridge Drive, Suite 150, Austin, TX 78759-7396
- Phone: +1 512-473-8985
- Website: utxf.org
- EIN: 74-1587488
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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