Nonprofit · EIN 23-7281200
UNIVERSITY OF HOUSTON COLLEGE OF BUSINESS FOUNDATION
Tax-exempt · HOUSTON, TX 77204
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| August 31, 2025 | 990 | $8,976,117 | $5,120,819 | $3,855,298 | $118,594,336 | $83,411 | $118,510,925 |
| August 31, 2024 | 990 | $16,852,542 | $2,663,244 | $14,189,298 | $109,677,260 | $117,704 | $109,559,556 |
| August 31, 2023 | 990 | $25,989,141 | $4,154,723 | $21,834,418 | $85,235,601 | $35,695 | $85,199,906 |
Financial details: 990 for the year ended August 31, 2025
Revenue
- Contributions, gifts and grants
- $2,248,215
- Program service revenue
- $60,177
- Investment income
- $6,667,725
- Net gain from sales of assets
- $4,183,987
- Other revenue
- $0
Expenses
- Grants and similar amounts paid
- $4,765,051
- Other salaries and wages
- $124,413
- Salaries, compensation and benefits (total)
- $133,066
- Professional fundraising fees
- $0
- Legal fees
- $613
- Accounting fees
- $54,112
- Program services (functional)
- $4,765,051
- Management and general (functional)
- $355,768
Balance sheet and other
- Total assets, start of year
- $109,677,260
- Total assets, end of year
- $118,594,336
- Total liabilities, end of year
- $83,411
- Net assets, end of year
- $118,510,925
- Publicly traded securities
- $114,071,250
- Net assets without donor restrictions
- $13,871,989
- Net assets with donor restrictions
- $104,638,936
- Gross receipts
- $15,812,149
- Employees
- 1
- Volunteers
- 9
- Year formed
- 1972
- State of legal domicile
- TX
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended August 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Cyril Theccanat | Vice President Trustee or director, Officer | 3 | $0 |
| Lisa Airhart | President Trustee or director, Officer | 1 | $0 |
| Sherry Menger | Secretary/Treasurer Trustee or director, Officer | 1 | $0 |
| Carolyn Stone | Director Trustee or director | 0.5 | $0 |
| Cyvia Wolff | Director Trustee or director | 0.3 | $0 |
| Edgardo Colon | Director Trustee or director | 0.3 | $0 |
| Jim Coppedge | Director Trustee or director | 0.5 | $0 |
| Judy Bozeman | Director Trustee or director | 0 | $0 |
| Richard C Kuriger IV | Director Trustee or director | 0.5 | $0 |
990 for the year ended August 31, 2024: 9 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Cyril Theccanat | Vice President Trustee or director, Officer | 3 | $0 |
| Lisa Airhart | President Trustee or director, Officer | 1 | $0 |
| Sherry Menger | Secretary/Treasurer Trustee or director, Officer | 0.3 | $0 |
| Carolyn Stone | Director Trustee or director | 0.3 | $0 |
| Cyvia Wolff | Director Trustee or director | 0.3 | $0 |
| Edgardo Colon | Director Trustee or director | 0.3 | $0 |
| Jim Coppedge | Director Trustee or director | 0.3 | $0 |
| Judy Bozeman | Director Trustee or director | 0.3 | $0 |
| Richard C Kuriger IV | Director Trustee or director | 0.3 | $0 |
990 for the year ended August 31, 2023: 11 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| JIM COPPEDGE | DIRECTOR Trustee or director | 0.25 | $0 |
| SHERRY MENGER | SECRETARY/TREASURER Trustee or director, Officer | 0.25 | $0 |
| CYRIL THECCANAT | VICE PRESIDENT Trustee or director, Officer | 3 | $0 |
| CYVIA WOLFF | DIRECTOR Trustee or director | 0.25 | $0 |
| CAROLYN STONE | DIRECTOR Trustee or director | 0.25 | $0 |
| JOHN KING | DIRECTOR Trustee or director | 0.25 | $0 |
| LISA AIRHART | PRESIDENT Trustee or director, Officer | 1 | $0 |
| JUDY BOZEMAN | DIRECTOR Trustee or director | 0.25 | $0 |
| RICHARD C KURIGER IV | DIRECTOR Trustee or director | 0.25 | $0 |
| EDGARDO COLON | DIRECTOR Trustee or director | 0.25 | $0 |
| LEONARD ROTH | DIRECTOR Trustee or director | 0.25 | $0 |
Address and contacts
- Address (IRS master file)
- 334 MELCHER HALL, HOUSTON, TX 77204-6021
- In care of
- % LISA AIRHART
- Principal officer (990 for 2024)
- Lisa Airhart, 4250 Martin Luther King BLVD, Houston, TX 77204
- Signed the 990
- Lisa Airhart, President
- Phone
- (713) 743-7663
- Return prepared by
- Forvis Mazars LLP
Mission
To Solicit, Receive, Or Acquire Real Or Personal Property, And To Administer Such Property With The Primary Objective Of Improving The Educational Quality Provided By The U Of H, C. T. Bauer College Of Business.
Program accomplishments
- To Apply Funds And Other Resources In Support Of The University Of Houston, C. T. Bauer College Of Business, Including Supporting The Necessary Instructors, Other Employees, And Students And In Procuring Quality Personnel, Materials, Equipment, And Other Apparatus Necessary To The Success Of The University Of Houston, C. T. Bauer College Of Business.Expenses $4,765,051 · grants $4,765,051 · revenue $60,177
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in August, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | August 31, 2026 | January 15, 2027 | Not due yet |
| 2024 | August 31, 2025 | January 15, 2026 | 990 on file |
| 2023 | August 31, 2024 | January 15, 2025 | 990 on file |
IRS record
- EIN
- 23-7281200
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1974
- Accounting year ends
- August
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Education (B51Z)
- Assets (IRS master file)
- $118,594,336
- Income (IRS master file)
- $15,812,149
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | August 2025 | $8,976,117 | $5,120,819 | $118,594,336 | XML |
| 990-T | August 2025 | – | – | – | IRS |
| 990 | August 2024 | $16,852,542 | $2,663,244 | $109,677,260 | IRS |
| 990-T | August 2024 | – | – | – | IRS |
| 990 | August 2023 | $25,989,141 | $4,154,723 | $85,235,601 | XML |
| 990-T | August 2023 | – | – | – | IRS |
| 990 | August 2022 | $9,166,081 | $3,966,444 | $59,862,087 | IRS |
| 990-T | August 2022 | – | – | – | IRS |
| 990 | August 2021 | – | – | – | IRS |
| 990-T | August 2021 | – | – | – | IRS |
| 990 | August 2020 | – | – | – | IRS |
| 990 | August 2018 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 23-7281200).
Questions about UNIVERSITY OF HOUSTON COLLEGE OF BUSINESS FOUNDATION
- What is the EIN of UNIVERSITY OF HOUSTON COLLEGE OF BUSINESS FOUNDATION?
- The employer identification number (EIN) of UNIVERSITY OF HOUSTON COLLEGE OF BUSINESS FOUNDATION is 23-7281200.
- Is UNIVERSITY OF HOUSTON COLLEGE OF BUSINESS FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1974.
- Are donations to UNIVERSITY OF HOUSTON COLLEGE OF BUSINESS FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does UNIVERSITY OF HOUSTON COLLEGE OF BUSINESS FOUNDATION file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of UNIVERSITY OF HOUSTON COLLEGE OF BUSINESS FOUNDATION due?
- The return for tax year 2025 (the year ending August 31, 2026) is due January 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did UNIVERSITY OF HOUSTON COLLEGE OF BUSINESS FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended August 2025.
- Who is the principal officer of UNIVERSITY OF HOUSTON COLLEGE OF BUSINESS FOUNDATION?
- The 990 for the year ended August 31, 2025 names Lisa Airhart.
- Who are the officers and directors of UNIVERSITY OF HOUSTON COLLEGE OF BUSINESS FOUNDATION?
- The 990 for the year ended August 31, 2025 lists 9 people; 0 received compensation from the organization.
- How much revenue does UNIVERSITY OF HOUSTON COLLEGE OF BUSINESS FOUNDATION have?
- On its 990 for the year ended August 31, 2025 it reported revenue of $8,976,117, expenses of $5,120,819 and total assets of $118,594,336 at year end.
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