Mccombs School Of Business Foundation

Organization Overview

Mccombs School Of Business Foundation is located in Austin, TX. The organization was established in 1978. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, under the broad grouping of Education and related organizations. As of 08/2021, Mccombs School Of Business Foundation employed 105 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mccombs School Of Business Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 08/2021, Mccombs School Of Business Foundation generated $20.4m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 18.4% each year . All expenses for the organization totaled $20.2m during the year ending 08/2021. While expenses have increased by 21.6% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Since 2015, Mccombs School Of Business Foundation has awarded 16 individual grants totaling $18,051,326. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO PROVIDE SUPPORT TO THE UNIVERSITY OF TEXAS MCCOMBS SCHOOL OF BUSINESS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE FOUNDATION IS CONTRACTED BY VARIOUS ORGANIZATIONS TO DESIGN, DEVELOP AND IMPLEMENT CUSTOMIZED TRAINING PROGRAMS. MCCOMBS SCHOOL OF BUSINESS FACULTY MEMBERS ARE ACTIVELY INVOLVED IN TEXAS EXECUTIVE EDUCATION; MANY OF THE MOST EXPERIENCED TEACH IN THE FOUNDATION'S CUSTOM PROGRAMS. IN ADDITION, AS APPROPRIATE, THE FOUNDATION CALLS UPON PROFESSORS IN OTHER SCHOOLS AND COLLEGES OF THE UNIVERSITY OF TEXAS (THE UNIVERSITY) TO HELP CONSTRUCT AND PARTICIPATE IN CUSTOM PROGRAMS, INCLUDING COMMUNICATIONS, ENGINEERING, LAW, INFORMATION, AND PUBLIC ADMINISTRATION.


FACULTY, STUDENT, AND ADMINISTRATIVE SUPPORT TO THE UNIVERSITY OF TEXAS MCCOMBS SCHOOL OF BUSINESS.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
The University Of Texas
Operational Support
$1,460,500
Trilogy Education Services
Program Management
$6,895,504
Oliver Marketing Group
Marketing
$540,254
Km Consulting
Program Management
$5,503,385
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$120,789
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$120,789
Total Program Service Revenue$19,703,564
Investment income $559,484
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $20,383,837

Grants Awarded

Over the last fiscal year, Mccombs School Of Business Foundation has awarded $3,159,768 in support to 2 organizations.

Grant RecipientAmount

THE UNIVERSITY OF TEXAS

PURPOSE: Mulva Hall, AIM Center & Other

$2,339,768

EX-STUDENTS ASSOC OF UT

Org PageRecipient Profile

Austin, TX

PURPOSE: Scholarships

$820,000
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Mccombs School Of Business Foundation has recieved totaling $1,000.

Awarding OrganizationAmount
Patsy And Michael Hochman Charitable Foundation

Dallas, TX

PURPOSE: PROGRAM SUPPORT

$1,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$5,823,481
Earnings$1,189,083
Net Contributions$8,350
Grants$177,056
Ending Balance$6,843,858

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