The University of Texas Foundation No 1
TO SUPPORT THE UNIVERSITY OF TEXAS SYSTEM
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$2.3M
+0.0% YoY
Annual Giving
$389K
-54.2% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$389K
-54.2% YoY
About The University of Texas Foundation No 1
Based on IRS filings
The University of Texas Foundation No 1 is a nonprofit organization, based in AUSTIN, TX. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $2.3M in total assets. In 2024, it awarded 1 grants totaling $389K. Net investment income was $452.
Ready to take the next step with The University of Texas Foundation No 1?
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 | $2,268,343 | $2,267,744 | $857,112 |
| Revenue | $389,452 | $2,264,148 | $850,112 |
| Expenses | $389,015 | $853,516 | $13 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $452 | $4,148 | $112 |
| 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 1 recipients in 2024
Grant Size Distribution
2 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include University of Texas Austin ($389,000).
| Recipient | Purpose | Amount |
|---|---|---|
| UNIVERSITY OF TEXAS AUSTIN AUSTIN, TX | SUPPORT TO THE UNIVERSITY OF TEXAS SYSTEM INSTITUTIONS | $389,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| HECTOR DE LEON | PRESIDENT | 1 | — |
| SHANNON RATLIFF | VP AND SECRETARY | 1 | — |
| MIKE COOK | VP AND TREASURER | 1 | — |
| BRUCE RIDEAUX | TRUSTEE | 1 | — |
| SHERI DESPAIN | EXECUTIVE DIRECTOR AND CFO | 1 | — |
Frequently Asked Questions
How large is The University of Texas Foundation No 1?
As of 2024, The University of Texas Foundation No 1 holds $2.3M in total assets with $389K in annual revenue. It awarded 1 grants totaling $389K in 2024.
Where does The University of Texas Foundation No 1 operate?
The University of Texas Foundation No 1 has awarded grants in Texas.
What size grants does The University of Texas Foundation No 1 award?
In 2024, The University of Texas Foundation No 1 awarded 1 grants totaling $389K — an average of about $389K per grant, based on its IRS Form 990 filings.
What is The University of Texas Foundation No 1's EIN?
The University of Texas Foundation No 1's EIN (Employer Identification Number) is 23-7109244. IRS Form 990 filing data is available on this page for 2021–2024.
Explore Open Grants
Browse active grant opportunities in The University of Texas Foundation No 1's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.