2024-05-15T10:56:35-05:00 2023-06-30 FORVIS LLP 2700 Post Oak Blvd Ste 1500 HOUSTON TX 77056 990 2022-07-01 741185725 Texas A&M University 12th Man Foundation % KATHLEEN CURNUTT TEXA 9798468892 PO Box 2800 College Station TX 778412800 KATHLEEN CURNUTT SVP OF FINANCE 9798468892 2023-10-25 true Kathleen Curnutt XXX-XX-XXXX John W Steffes P00186434 7134994600 2 2022 2023-04-26 12:10:37Z KATHLEEN CURNUTT PO Box 2800 College Station TX 778412800 133203566 false X 12THMANFOUNDATION.COM X 1950 TX THE 12TH MAN FOUNDATION'S MISSION IS TO FUND SCHOLARSHIPS, PROGRAMS AND FACILITIES IN SUPPORT OF CHAMPIONSHIP ATHLETICS AT TEXAS A&M. 15 15 265 18 0 0 135186825 113144785 2554500 2360835 4182983 5448602 147067 69419 142071375 121023641 46750522 114550900 0 0 5626483 6538473 0 0 7776688 9651796 12215951 62028801 133305324 80042574 -12281683 287973994 286161252 48481379 54845740 239492615 231315512 ENHANCE TEXAS A&M'S ATHLETIC SUCCESS BY FUNDING SCHOLARSHIPS, PROGRAMS AND FACILITIES IN SUPPORT OF CHAMPIONSHIP ATHLETICS; SERVE AS THE OFFICIAL TICKET PROVIDER FOR TEXAS A&M ATHLETICS; PROVIDE INDUSTRY-LEADING SERVICE FOR EXISTING AND PROSPECTIVE DONORS false false 114550900 114550900 CONTRIBUTIONS MADE TO OR FOR THE BENEFIT OF TEXAS A&M UNIVERSITY TO PROVIDE SCHOLARSHIPS TO STUDENT ATHLETES AND ADDITIONAL SUPPORT FOR PROGRAMS AND FACILITIES. 4781014 2360835 THE 12TH MAN FOUNDATION SERVES AS THE OFFICIAL TICKET PROVIDER FOR TEXAS A&M ATHLETICS. IN ADDITION, THE FOUNDATION PROVIDES INDUSTRY-LEADING SERVICE FOR EXISTING AND PROSPECTIVE DONORS. ALL COSTS ASSOCIATED WITH TICKET OPERATIONS AND PREMIUM SERVICES ARE CONSIDERED PROGRAM SERVICE EXPENSES. 119331914 true true false false false false false false false true true true false false false false true false false false false false false false true false false true false true false false false false false false false false true false false false false false false false false true 31 0 true 265 true false false false false true true true true false false false false false false X 15 15 false false false false true true false true true false false true true true true true true true true false TX X KATHLEEN CURNUTT 9798468892 756 HOUSTON STREET COLLEGE STATION TX 77843 X TRAVIS DABNEY PRESIDENT & CEO, EX-OFFICIO 40.0 0.0 X 436420 0 69443 WALTER BULLARD SVP OF MAJOR GIVING PROGRAMS 40.0 0.0 X 237593 0 42409 BRIAN BISHOP VP OF MAJOR GIFTS 40.0 0.0 X 206599 0 34659 JACOB GREEN JR VP OF PRINCIPAL GIFTS 40.0 0.0 X 201465 0 33085 MICHAEL SOLOMON SVP OF ANNUAL FUND & DONOR SER 40.0 0.0 X 195669 0 37546 KATHLEEN CURNUTT SVP OF FINANCE 40.0 0.0 X 195576 0 36930 LACEY WILLIAMS VP OF TICKETING 40.0 0.0 X 122149 0 24888 KATELYN BUYS VP OF ADMINISTRATION 40.0 0.0 X 114903 0 23828 MICHAEL SMITH ASSISTANT VP OF MAJOR GIFTS 40.0 0.0 X 109553 0 22241 MICHELLE HICKOX TRUSTEE 1.0 0.0 X 0 0 0 KENDALL MILLER TRUSTEE 1.0 0.0 X 0 0 0 BRIAN MILLER TRUSTEE 1.0 0.0 X 0 0 0 BRIAN PINTO TRUSTEE 1.0 0.0 X 0 0 0 CHRISTOPHER COOPER IMMEDIATE PAST CHAIR 1.0 0.0 X X 0 0 0 DAVID COOLIDGE TRUSTEE 1.0 0.0 X 0 0 0 DENNIS CLARK TRUSTEE 1.0 0.0 X 0 0 0 GEORGE TREY HENDERSON TRUSTEE 1.0 0.0 X 0 0 0 JACK LAFIELD TRUSTEE 1.0 0.0 X 0 0 0 JAMIE DUKE TRUSTEE 1.0 0.0 X 0 0 0 JEFF MILLER TRUSTEE 1.0 0.0 X 0 0 0 JOE WRIGHT CHAIR ELECT 1.0 0.0 X X 0 0 0 JOSH DAVIS TRUSTEE 1.0 0.0 X 0 0 0 KEVIN MCDONALD CHAIR 1.0 0.0 X X 0 0 0 MAYPHOUS COLLINS TRUSTEE 1.0 0.0 X 0 0 0 ROBERT DENNIS PAST CHAIR 1.0 0.0 X X 0 0 0 WAYNE ROBERTS TRUSTEE 1.0 0.0 X 0 0 0 WILLIE WOOD TRUSTEE 1.0 0.0 X 0 0 0 1819927 0 325029 9 false true false PACIOLAN INC PO BOX 824841 PHILADELPHIA PA 191824841 SOFTWARE SERVICES 388170 CONSOLIDATED PRINTING PO BOX 626 VAN BUREN AR 729570626 PRINTING SERVICES 261393 COVENANT TECHNOLOGY SERVICES 820 GESSNER ROAD HOUSTON TX 77024 CONSULTING SERVICES 197129 NORTON ROSE FULBRIGHT US LLP PO BOX 122613 DALLAS TX 753122613 LEGAL SERVICES 344276 AIR FAX AIRLINE MARKETING ASSOCIATE 3482 KEITH BRIDGE ROAD SUITE 270 CUMMING GA 30041 TRAVEL SERVICES 156168 5 210265 112934520 9228163 113144785 TICKET HANDLING REVENUE 900099 2360835 2360835 2360835 1688172 1688172 0 0 0 0 0 15856912 12074671 21811 3782241 -21811 3760430 3760430 149386 210265 83193 66193 66193 1920 250 1670 1670 0 0 0 MISCELLANEOUS REVENUE 900099 1556 1556 1556 121023641 2360835 0 5518021 114550900 114550900 0 0 0 1933046 1016813 916233 0 3526105 1306077 883303 1336725 419799 138534 101780 179485 312512 119656 77195 115661 347011 97682 112281 137048 0 880210 880210 101281 101281 0 0 877822 877822 488081 4305 348080 135696 822525 507382 37507 277636 257947 23324 139183 95440 834349 40199 767896 26254 0 43831 30500 13288 43 248157 72661 58597 116899 0 24007 4197 7188 12622 0 0 414898 123535 237665 53698 266607 266607 Donor Expenses 999287 758200 30889 210198 CREDIT CARD/TICKET PROCESS 1770062 1023765 746297 Catering 1126631 517030 119499 490102 Bad Debts 1768292 1768292 1291964 13967 119638 1158359 133305324 119331914 6196722 7776688 0 0 58708367 22238144 74255453 78938115 795989 393403 0 0 0 0 0 0 0 0 373503 758176 6442181 3295359 2988380 3146822 13932806 39732087 136887496 140884805 0 0 0 0 32000 69700 287973994 286161252 706548 1528941 0 0 47774831 53316799 0 0 0 0 0 0 0 0 0 0 0 0 48481379 54845740 X -8007250 -6027199 247499865 237342711 239492615 231315512 287973994 286161252 -12281683 4104580 X false true X true false X 59616581 57938102 36263125 135186825 113144785 402149418 0 0 59616581 57938102 36263125 135186825 113144785 402149418 40266067 361883351 902691 272503 1016692 175365 1688172 4055423 0 3493783 2095514 659626 147067 69419 6465409 412670250 4915335 0.87693 0.84746 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 112173296 1842781 5722632 3120415 877822 115740472 116194905 1393513 -1522834 3101177 791111 112173296 93292202 3990162 29280022 9838621 528860 116194905 91186577 4223026 1085950 2646069 557282 93292202 87464353 3228826 3481651 2450966 537287 91186577 0.53260 0.46740 false false 3657823 1242311 2415512 2442788 1928688 514100 341570 124360 217210 3146822 DEPOSITS WITH TEXAS A&M FDN 140884805 F 140884805 124250399 4104580 4104580 120145819 877822 877822 121023641 132427502 132427502 877822 877822 133305324 SCHEDULE D, PART V, LINE 4 INTENDED USE OF ENDOWMENT FUNDS ALL ARE TO SUPPORT THE TEXAS A&M UNIVERSITY ATHLETIC DEPARTMENT AND ARE PRIMARILY FOR SCHOLARSHIPS AND OTHER ACADEMIC AND PROGRAM SUPPORT. SCHEDULE D, PART X, LINE 2 INCOME TAX LIABILITIES THE FOUNDATION IS EXEMPT FROM INCOME TAXES UNDER SECTION 501 OF THE INTERNAL REVENUE CODE AND A SIMILAR PROVISION OF STATE LAW. HOWEVER, THE FOUNDATION IS SUBJECT TO FEDERAL INCOME TAX ON ANY UNRELATED BUSINESS TAXABLE INCOME. THE FOUNDATION FILES TAX RETURNS IN THE U.S. FEDERAL JURISDICTION. MANAGEMENT HAS EVALUATED THEIR INCOME TAX POSITIONS UNDER THE GUIDANCE INCLUDED IN ASC 740. BASED ON THEIR REVIEW, MANAGEMENT HAS NOT IDENTIFIED ANY MATERIAL UNCERTAIN TAX POSITIONS TO BE RECORDED OR DISCLOSED IN THE FINANCIAL STATEMENTS. COUNTDOWN TO KI 359651 210265 149386 17740 7533 48763 9157 0 359651 210265 149386 17740 7533 48763 9157 83193 66193 true TEXAS A&M UNIVERSITY PO BOX 30017 COLLEGE STATION TX 77842 746000531 GOVT 114550900 SCHOLARSHIP AND ATHLETIC SUPPORT 1 SCHEDULE I, PART I, LINE 2 MONITORING USE OF GRANT FUNDS IN THE UNITED STATES THE FOUNDATION IS ORGANIZED FOR THE BENEFIT OF TEXAS A&M UNIVERSITY ATHLETICS DEPARTMENT AND AS SUCH TRANSFERS FUNDS IN DIRECT SUPPORT OF THE ATHLETICS DEPARTMENT INCLUDING ITS PROGRAMS, STUDENT ATHLETES, AND FACILITIES. X X true true X X X X false false false false false false false false false KATHLEEN CURNUTT SVP OF FINANCE 159136 0 30750 0 5690 0 28786 0 8144 0 232506 0 0 0 TRAVIS DABNEY PRESIDENT & CEO, EX-OFFICIO 328247 0 81250 0 26923 0 59925 0 9518 0 505863 0 0 0 JACOB GREEN JR VP OF PRINCIPAL GIFTS 152117 0 30868 0 18480 0 25839 0 7246 0 234550 0 0 0 MICHAEL SOLOMON SVP OF ANNUAL FUND & DONOR SER 154979 0 30710 0 9980 0 28522 0 9024 0 233215 0 0 0 WALTER BULLARD SVP OF MAJOR GIVING PROGRAMS 181934 0 39782 0 15877 0 33220 0 9189 0 280002 0 0 0 BRIAN BISHOP VP OF MAJOR GIFTS 159129 0 31160 0 16310 0 27268 0 7391 0 241258 0 0 0 SCHEDULE J, PART I, LINE 1A TRAVEL FOR COMPANIONS IS LIMITED TO THE PRESIDENT/CEO AND THE VP OF PRINCIPAL GIFTS AND IS ONLY FOR SPECIAL EVENTS WHERE THEIR SPOUSE IS EXPECTED TO BE THERE TO HELP HOST EVENTS. THE ORGANIZATION PAYS CLUB DUES FOR TRAVIS DABNEY, WALTER BULLARD, AND JACOB GREEN IN THE AMOUNT OF $680 PER MONTH PER EMPLOYEE. THE ORGANIZATION PAYS CLUB DUES FOR KATHLEEN CURNUTT IN THE AMOUNT OF $390 PER MONTH. ALL DUES ARE PAID PROPERLY AND ARE INCLUDED IN FORM W-2 WAGES AS A FRINGE BENEFIT. X 93 9228163 GIFT DATE AVG VALUE false true true SCHEDULE M, PART I, LINE 9, COLUMN (B) THE FOUNDATION RECEIVED 93 NONCASH CONTRIBUTIONS OF PUBLICLY TRADED SECURITIES. SCHEDULE M, PART I, LINE 32B THE FOUNDATION ALLOWS DONORS TO CONTRIBUTE STOCKS THROUGH OUTSIDE BROKERAGE AGENCIES INTO A FOUNDATION ACCOUNT. THESE STOCKS ARE THEN SOLD BY THE BROKERAGE AGENCIES AND THE FUNDS ARE TRANSFERRED TO FOUNDATION'S CASH ACCOUNTS. FORM 990, PART VI, SECTION A, LINE 6 ANY FORMER STUDENT OF TEXAS A&M UNIVERSITY OR FRIEND OF THE UNIVERSITY MAKING A FINANCIAL CONTRIBUTION DURING THE RELEVANT MEMBERSHIP YEAR SHALL BE ELIGIBLE TO BECOME A MEMBER OF THE FOUNDATION. THOSE ELIGIBLE FOR MEMBERSHIP SHALL BE APPROVED AND ACCEPTED BY THE FOUNDATION STAFF IN ACCORDANCE WITH CURRENT FOUNDATION POLICIES. THE BOARD OF TRUSTEES MAY, IN ITS SOLE SUBJECTIVE DISCRETION, ESTABLISH AND FROM TIME TO TIME REVISE, AMEND, OR SUPPLEMENT, ONE OR MORE LEVELS OF MEMBERSHIP AND THE QUALIFICATIONS FOR EACH SUCH LEVEL OF MEMBERSHIP, INCLUDING WITHOUT LIMITATION QUALIFICATIONS SUCH AS TOTAL AMOUNT OF LIFETIME GIVING TO THE FOUNDATION, AMOUNT OF A ONE-TIME GIFT TO THE FOUNDATION, OR ANY OTHER CRITERIA DESIGNATED BY THE BOARD OF TRUSTEES. REGARDLESS OF THE LEVEL OF MEMBERSHIP FOR WHICH A MEMBER QUALIFIES, EACH MEMBER SHALL BE ENTITLED TO CAST ONLY ONE VOTE OR SUBMIT ONLY ONE PROXY IN ANY ELECTION CONDUCTED BY THE FOUNDATION. FORM 990, PART VI, SECTION A, LINE 7A AT THE ANNUAL MEETING WHERE A QUORUM IS PRESENT, WHETHER IN PERSON OR BY PROXY, THE MEMBERSHIP SHALL CONSIDER ALL NOMINATIONS FOR CHAIR-ELECT AND THE NUMBER OF TRUSTEES REQUIRED BY THE BYLAWS, AND SHALL SELECT BY MAJORITY VOTE, EITHER IN PERSON OR THROUGH A PROXY, A CHAIR-ELECT AND THE NEW TRUSTEES. FORM 990, PART VI, SECTION B, LINE 11B THE ORGANIZATION ENGAGES AN OUTSIDE ACCOUNTING FIRM TO PREPARE FORM 990. ONCE PREPARED, THE FORM 990 IS REVIEWED BY BOTH THE PRESIDENT AND SENIOR VICE-PRESIDENT OF FINANCE FOR THE 12TH MAN FOUNDATION WHO REPORT TO THE BOARD OF TRUSTEES. FORM 990, PART VI, SECTION B, LINE 12C UPON OR BEFORE ELECTION, HIRING OR APPOINTMENT, TRUSTEES AND KEY EMPLOYEES WILL MAKE A FULL, WRITTEN DISCLOSURE OF INTERESTS, RELATIONSHIPS, AND HOLDINGS THAT COULD POTENTIALLY RESULT IN A CONFLICT OF INTEREST. THIS WRITTEN DISCLOSURE WILL BE MADE AVAILABLE TO THE BOARD OF TRUSTEES AND WILL BE KEPT ON FILE. TRUSTEES AND KEY EMPLOYEES AGREE TO UPDATE THE WRITTEN DISCLOSURE AS APPROPRIATE. IN THE COURSE OF MEETINGS OR ACTIVITIES, TRUSTEES AND KEY EMPLOYEES WILL DISCLOSE TO ALL PRESENT ANY INTERESTS IN A TRANSACTION OR DECISION WHERE THEY (INCLUDING THEIR BUSINESS OR OTHER NONPROFIT AFFILIATIONS), FAMILY AND/OR SPOUSE, EMPLOYER, OR CLOSE ASSOCIATES COULD RECEIVE A BENEFIT OR GAIN. AFTER DISCLOSURE, THE TRUSTEE OR KEY EMPLOYEE WILL NOT PARTICIPATE IN THE DISCUSSION OF THE QUESTION NOR VOTE ON THE QUESTION. FORM 990, PART VI, SECTION B, LINE 15A & 15B THE DETERMINATION OF COMPENSATION FOR EXECUTIVES AND KEY EMPLOYEES IS DETERMINED BASED ON COMPARISON WITH SEVERAL PARAMETERS: A) INDUSTRY STANDARDS FOR NON-PROFIT ORGANIZATIONS AND ASSOCIATIONS AS REPRESENTED IN INDEPENDENT PUBLICATIONS REVIEWING ORGANIZATIONS OF THIS INDUSTRY; B) PEER REVIEW OF OTHER NON-PROFIT FUNDRAISING ORGANIZATIONS OF SIMILAR STRUCTURE AND DONATION SIZE AT OTHER UNIVERSITIES; C) OTHER NON-PROFIT FUNDRAISING GROUPS AT TEXAS A&M UNIVERSITY AND D) A COMPENSATION MATRIX BASED ON PERFORMANCE VERSUS ESTABLISHED GOALS. THE LAST REVIEW WAS CONDUCTED BY ALVAREZ & MARSAL IN FALL OF 2021. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC THROUGH ITS WEBSITE. THE ORGANIZATION DOES NOT MAKE GOVERNING OR CONFLICT OF INTEREST DOCUMENTS AVAILABLE TO THE PUBLIC.