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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Organizations Education Texas Tech Foundation Inc.

Texas Tech Foundation Inc.

Fiscal year ending 2023. Filed on July 8, 2024.

PO Box 45025
Lubbock, Texas 79409

Texas Tech Foundation Inc. (EIN: 75-6043842) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2023 IRS Form 990 filing, Texas Tech Foundation Inc., a 501(c)(3) charitable organization, reported compensation for 2 employees. Among the employees shown here, the average compensation is $397,889. The highest compensated employee at Texas Tech Foundation Inc. is Penny Harkey with fiscal year 2023 compensation of $411,199.

Revenue, expenses, and employee compensation

Revenue

$110,148,278

Expenses

$97,007,634

Employee compensation

$0
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Penny Harkey
Treasurer
$411,199
$0 $369,039 $42,160
Patrick Kramer
Chief Executive Officer
$384,578
$0 $349,175 $35,403

Benchmark Employee Compensation

Non-Employee Board Members

Barney Adams
Director
Barry Street
Director
Ben Stribling
Director
Ben Strickling
Director
Bradley Bouma
Director
Cherry Wright
Director
Christi Quinn
Director
Clay Cash
Director
David Alderson
Director
Dennis Kruse
Director
Gerald G Dixon
Director
Gordon Davis
Director

Contractors

Zuri Group LLC
Consulting and Implementation
$507,288
Blackbaud Inc
Software As a
$168,196
Anthology of Missouri
Software As a
$158,335
Anthem Executive
- Msu President
$125,758

Mission Statement

ACCEPTANCE, INVESTMENT, AND DISTRIBUTION OF GIFTS FOR THE BENEFIT OF THE TTU SYSTEM.

Revisions to this organization profile

July 8, 2025:
2024 Texas Tech Foundation Inc. 990 filed
July 8, 2024:
2023 Texas Tech Foundation Inc. 990 filed
July 17, 2023:
2022 Texas Tech Foundation Inc. 990 filed

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