2033 Fund
- Assets
- $108.5m
- Revenue
- $50.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Austin, TX
- Founding
- 05/2019
- Data as of
- 12/2021
- EIN
- 82-3699790
Organization Overview
2033 Fund is located in Austin, TX. The organization was established in 2019. According to its NTEE Classification (B19) the organization is classified as: Support N.E.C., under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. 2033 Fund 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 12/2021, 2033 Fund generated $50.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (7.3%) each year.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO SUPPORT THE UNIVERSITY OF TEXAS AT AUSTIN
Describe the Organization's Program Activity:
Part 3 - Line 4a
SUPPORT UT AUSTIN THROUGH PARTICIPATING IN CERTAIN TRANSACTIONS, INCLUDING SECURING A LONG TERM GROUND LEASE AND DEVELOPMENT OF PROPERTY ADJACENT TO THE UT AUSTIN DELL MEDICAL SCHOOL TO ENABLE THE EXPANSION OF THE MEDICAL SCHOOL.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sanford L Gottesman President | OfficerTrustee | 30 | $0 |
Nancy Brazzil Secretary/treasurer | OfficerTrustee | 3 | $0 |
Jeremy Smitheal Vice President | OfficerTrustee | 15 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Zapalacreed Construction Co Lp Construction | 12/30/21 | $55,956,314 |
Layton B Wilson Company Project Management Fees | 12/30/21 | $466,661 |
Gensler Engineering Services | 12/30/21 | $638,638 |
Brailsford & Dunlavey Inc Professional Services | 12/30/21 | $409,665 |
Terracon Consultants Inc Material Testing | 12/30/21 | $261,075 |
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 | $50,000 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $50,000 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| 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 | $50,000 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $16,831 |
| All other expenses | $29 |
| Total functional expenses | $16,860 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $161,238 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $108,316,436 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $108,477,674 |
| Accounts payable and accrued expenses | $8,053,413 |
| Grants payable | $0 |
| Deferred revenue | $99,469,020 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $100,000 |
| Secured mortgages and notes payable | $487,270 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $108,109,703 |
| Net assets without donor restrictions | $367,971 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $108,477,674 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Child Care Plus Training & Development Center Inc Montgomery, TX | $1,071,793 | $6,895,362 |
Naca-Inspired Schools Network Albuquerque, NM | $4,333,179 | $4,644,398 |
Unizin Ltd Austin, TX | $2,802,799 | $4,764,216 |
Sss Education Foundation Mesquite, TX | $79,366,180 | $3,445,001 |
Carruth Center Inc Houston, TX | $315,119 | $4,215,286 |
E-Stem Public Charter Schools Inc Little Rock, AR | $15,935,823 | $3,314,304 |
Texas Association For The Education Of Young Children Austin, TX | $635,523 | $2,896,226 |
Pencil Box Inc Tulsa, OK | $4,507,396 | $4,826,837 |
Rio-South Texas Education And Community Development Fdn Inc Mission, TX | $43,626,836 | $12,367,166 |
Lsg And Associates Inc Albuquerque, NM | $1,123,056 | $2,626,051 |
Lobo Development Corporation Albuquerque, NM | $30,104,169 | $2,623,304 |
Bdf Elementary New Orleans, LA | $22,989,334 | $1,342,500 |