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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 The University of Texas Foundation No 1

The University of Texas Foundation No 1

Fiscal year ending 2024. Filed on July 4, 2025.

9011 Mountain Ridge Drive 150
Austin, Texas 78759

The University of Texas Foundation No 1 (EIN: 23-7109244) has filed an IRS Form 990 since fiscal year 2021. In its fiscal year 2024 IRS Form 990 filing, The University of Texas Foundation No 1, a 501(c)(3) charitable organization, reported compensation for 1 employee. Among the employees shown here, the average compensation is $234,198. The highest compensated employee at The University of Texas Foundation No 1 is Sheri Despain with fiscal year 2024 compensation of $234,198.

Revenue, expenses, and employee compensation

Revenue

$389,452

Expenses

$389,015

Employee compensation

$0
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Sheri Despain
Executive Director and CFO
$234,198
$0 $205,541 $28,657

Benchmark Employee Compensation

Non-Employee Board Members

Bruce Rideaux
Trustee
Hector de Leon
President
Mike Cook
Vice President and Treasurer
Shannon Ratliff
Vice President and Secretary

Mission Statement

TO SUPPORT THE UNIVERSITY OF TEXAS SYSTEM.

Revisions to this organization profile

July 4, 2025:
2024 The University of Texas Foundation No 1 990 filed
July 30, 2024:
2023 The University of Texas Foundation No 1 990 filed
October 16, 2023:
2022 The University of Texas Foundation No 1 990 filed

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