The University of Texas Foundation No 2
To support the university of Texas system
The University of Texas Foundation No 2 at a glance
In short: The University of Texas Foundation No 2 gave $124K across 1 grant in 2024 (avg $124K), mostly in Texas. Source: 2024 IRS Form 990.
- Annual giving (2024)
- $123,862
- Grants made (2024)
- 1
- Average grant
- $123,862
- Median grant
- $123,862
- Total assets
- $866,945
- +428.6% vs 2023
- Primary geography
- Texas (100% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990, 2024 View filing
Data from IRS Form 990, 2024; updated September 2026.
Who The University of Texas Foundation No 2 funds
How this funder distributes its grants
Top Recipients
Top recipient in 2024
The largest 2024 recipient was University of Texas System ($124K).
Grant Size Distribution
1 grant across all recorded years
The most common grant size was in the $100–250K range: 1 grant of 1 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2024 grant dollars on its one itemized grant.
States
Cities
Giving History
Giving Over Time
Total grant dollars and number of grants per year
In 2024 it made 1 grant totaling $124K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| University of Texas System Austin, TX | Support to the University of Texas System Institutions | $123,862 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2024 | $866,945 | $425,928 | $133,104 | $123,862 | 1 | $3,545 |
| 2023 | $164,001 | $14,996 | $22,685 | — | — | — |
| 2022 | $169,243 | $6,792 | $383 | — | — | — |
| 2021 | $60,494 | $194,615 | $260,711 | — | — | — |
About The University of Texas Foundation No 2
Based on IRS filings
The University of Texas Foundation No 2 is a public charity, based in Austin, TX. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $867K in total assets. In 2024, it awarded 1 grant totaling $124K. Net investment income was $4K.
Leadership & Key People
Officers and directors from IRS filings
The University of Texas Foundation No 2 is led by Hector De Leon, President on every filing since 2021; none of the 5 officers listed in 2024 report compensation.
Officers on the 2024 filing
Hector De Leon
President
On filings since 2021
1 hr/week
No compensation reported
Sheri Despain
Executive Director & CFO
Executive Director → Executive Director & CFO, 2022
On filings since 2021
1 hr/week
No compensation reported
Bruce Rideaux
Trustee
On filings since 2023
1 hr/week
No compensation reported
Shannon Ratliff
Vice President & Secretary
On filings since 2021
1 hr/week
No compensation reported
Mike Cook
Vice President & Treasurer
On filings since 2022
1 hr/week
No compensation reported
Former officers (1)
- Former: Michael Cook (2021) — Vice President & Treasurer
Data from IRS Form 990 filings, 2021–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about The University of Texas Foundation No 2
How much does The University of Texas Foundation No 2 give each year?
The University of Texas Foundation No 2 gave $124K across 1 grant in 2024, according to its 2024 IRS Form 990.
How large is The University of Texas Foundation No 2?
The University of Texas Foundation No 2 reported $867K in total assets on its 2024 IRS Form 990. Its revenue that year was $426K.
Where does The University of Texas Foundation No 2 operate?
The University of Texas Foundation No 2 has awarded grants in Texas.
What is The University of Texas Foundation No 2's EIN?
The University of Texas Foundation No 2's EIN (Employer Identification Number) is 74-6173027. IRS Form 990 filing data is available on this page for 2021–2024.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Data update history
(2)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2024 (received by the IRS July 4, 2025)
- IRS filings on file for fiscal years 2021–2024
Explore Open Grants
Browse active grant opportunities in The University of Texas Foundation No 2's focus areas in our free grants database
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Figures come from The University of Texas Foundation No 2'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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