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Texas · Nonprofit

THE UNIVERSITY OF TEXAS FOUNDATION NO 1

THE UNIVERSITY OF TEXAS FOUNDATION NO 1 (Texas) receives grants from 3 organizations whose IRS filings report $111,578 to it, the largest being Conservative Energy Network ($63,078). 1 of them have funded it in more than one year.

Revenue FY2024
$389k
Funders on record
3
Grants received
$112k
Net assets
$8k
1/3 repeat funders
01What it does

What The University of Texas Foundation No 1 does

Mission

To support the university of texas system

As stated on its FY2024 Form 990.

Program

  1. To support the university of texas system

    $389,000 spentof which $389,000 as grants
    100% of program spending

The program described on its FY2024 Form 990. Program spending in total: $389,000.

02The organization over time

The organization over time

Each line starts at 100 in 2021, so what you read is the shape rather than the size: 150 means half as much again as 2021, 50 means half. The number beside each label in the key is where it ended.

100 = 20212021 Revenue 100 ($2) Expenses 100 ($66) Net assets 100 ($7k)2022 Revenue 42505600 ($850k) Expenses 20 ($13) Net assets 101 ($7k)2023 Revenue 113207400 ($2.3M) Expenses 1293206 ($854k) Net assets 110 ($8k)2024 Revenue 19472600 ($389k) Expenses 589417 ($389k) Net assets 117 ($8k)
2021202220232024
Revenue (19472600)Expenses (589417)Net assets (117)

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2022 to 2023, from $857k to $2.3M (+165%).

$7k
$857k
$2.3M
$2.3M
2021202220232024
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 1 of the last 4 reported years ran a deficit.

−$64
’21
$850k
’22
$1.4M
’23
$437
’24
0.3
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Chief executive

Sheri Despain

Executive director and CFO

As listed on its FY2024 Form 990.

202220232024
Listed455
Joined·+1+0
No longer listed·00
03Who funds it

Who funds it, year by year

2018 → 2020: the base broadened from 1 funder to 2 funders, grant income rose $3k → $66k.

From the IRS filings of THE UNIVERSITY OF TEXAS FOUNDATION NO 1’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

THE UNIVERSITY OF TEXAS FOUNDATION NO 1 leans on a few funders — its largest provides 57% of grant income and the top three 100%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

57% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund THE UNIVERSITY OF TEXAS FOUNDATION NO 1.

57%
largest funder
100%
top three
~2
effective funders

Largest funder’s share by year: 2018 100% · 2019 100% · 2020 96% — diversifying over time.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

THE UNIVERSITY OF TEXAS FOUNDATION NO 1 draws 64% of its grant income from funders outside Texas, across 3 states in all.

MI
NC
TX

In-state vs out-of-state, by year

’18
’19
’20
Texas out of state home

Funder states come from each funder’s own filing. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Organizations like THE UNIVERSITY OF TEXAS FOUNDATION NO 1

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Texas

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

100% of spending goes to programs.

Program 100%Management 0%Fundraising 0%

Governance

4
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention–Board reviewed the 990✓Audited financials

Footprint & structure

Part of a family of 2 related entities

  • University of Texas Foundation Inc · exempt
  • University of Texas Foundation No 2 · exempt

Screen this organization

A dated, signed PDF of the compliance screen for THE UNIVERSITY OF TEXAS FOUNDATION NO 1: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds THE UNIVERSITY OF TEXAS FOUNDATION NO 1?
THE UNIVERSITY OF TEXAS FOUNDATION NO 1 (Texas) receives grants from 3 organizations whose IRS filings report $111,578 to it, the largest being Conservative Energy Network ($63,078). 1 of them have funded it in more than one year.
How many funders does THE UNIVERSITY OF TEXAS FOUNDATION NO 1 have?
IRS filings report 3 organizations giving $111,578 in grants to THE UNIVERSITY OF TEXAS FOUNDATION NO 1, 1 of which have funded it in more than one year.
Who is the largest funder of THE UNIVERSITY OF TEXAS FOUNDATION NO 1?
Conservative Energy Network is the largest funder on record, with $63,078 in grants. The full list of funders is on this page.
How can an organization like THE UNIVERSITY OF TEXAS FOUNDATION NO 1 find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Texas. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2021–2024), and the filings of 3 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing