Skip to main content

Nonprofit · EIN 87-3652885

THE ALTERNATIVES FOUNDATION

Tax-exempt · AUSTIN, TX 78730

Financials

$433K$225K2023$108K$80K2024$955K$55K2025
Revenue Expenses · by fiscal year end
Financials of THE ALTERNATIVES FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2025990$954,783$55,163$899,620$1,007,892$78,300$929,592
December 31, 2024990$107,733$79,815$27,918$107,973$77,800$30,173
December 31, 2023990 (amended)$433,381$225,475$207,906$7,391$5,136$2,255
Financial details: 990 for the year ended December 31, 2025

Revenue

Contributions, gifts and grants
$952,531
Program service revenue
$0
Investment income
$2,252
Net gain from sales of assets
-$215
Other revenue
$0

Expenses

Grants and similar amounts paid
$55,000
Compensation of officers, directors and key employees
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Program services (functional)
$55,163

Balance sheet and other

Total assets, start of year
$107,973
Total assets, end of year
$1,007,892
Total liabilities, end of year
$78,300
Net assets, end of year
$929,592
Net assets with donor restrictions
$929,592
Gross receipts
$1,055,144
Employees
0
Volunteers
60
Year formed
2021
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 December 31, 2025, highest compensation first.

NameTitleHours / weekCompensation
Joe MilamDirector
Trustee or director
1$0
Jeff NashDIrector
Trustee or director
1$0
John RippelDirector
Trustee or director
1$0
Jarett RodriguezNonvoting Board Secretary
Officer
40$0
Rudy GarzaBoard President
Trustee or director, Officer
1$0
Philip SangerDirector
Trustee or director
1$0
Kerry HallDirector
Trustee or director
1$0
Scott HolsteadDirector
Trustee or director
1$0
Brent IversonDirector
Trustee or director
1$0
990 for the year ended December 31, 2024: 11 people
NameTitleHours / weekCompensation
Jarett RodriguezExecutive Director
Officer
40$65,625
Philip SangerChairman and President
Trustee or director, Officer
5$0
Rudy GarzaTreasurer
Trustee or director, Officer
2$0
Cale McDowellSecretary
Trustee or director, Officer
2$0
Scott HolsteadDirector
Trustee or director
2$0
Brent IversonDirector
Trustee or director
2$0
Kerry HallDirector
Trustee or director
2$0
Jeff NashDirector
Trustee or director
1$0
Pete WinsteadDirector
Trustee or director
1$0
John RippelDirector
Trustee or director
1$0
Joe MilamDirector
Trustee or director
1$0
990 for the year ended December 31, 2023: 10 people
NameTitleHours / weekCompensation
Jarett RodriguezExecutive Director
Officer, Key employee
40$204,564
Philip SangerChairman and President
Trustee or director, Officer
5$0
Rudy GarzaTreasurer
Trustee or director, Officer
2$0
Cale McDowellSecretary
Trustee or director, Officer
2$0
Scott HolsteadDirector
Trustee or director
2$0
Brent IversonDirector
Trustee or director
2$0
Kerry HallDirector
Trustee or director
2$0
Jason DownieDirector
Trustee or director
2$0
Jeff NashDirector
Trustee or director
1$0
Pete WinsteadDirector
Trustee or director
1$0

Address and contacts

Address (IRS master file)
6101 W COURTYARD DR, AUSTIN, TX 78730-5115
In care of
% JARETT RODRIGUEZ
Principal officer (990 for 2025)
Jarett Rodriguez, 6101 W COURTYARD DR, STE 2 225, AUSTIN, TX 78730
Signed the 990
Jarett Rodriguez, Secretary
Phone
(512) 402-2777
990-N for 2023 filed under this EIN
Most likely by a chapter, club or affiliate (it says receipts are normally $50,000 or less). Officer: Jarett Rodriguez, 6101 W Courtyard Dr Suite 2-225, Austin TX 78730. Mailing address: 6101 W Courtyard Dr Suite 2-225, Austin TX 78730. Website: texasalternativesfoundation.org

Mission

TAF accepts and liquidates illiquid assets such as closely held business interests and private equity interests to provide funds to educational research scholarship and arts organizations in alignment with our charitable mission. In 2025 TAF also sponsored donor-advised funds allowing donors to contribute assets receive immediate tax benefits and recommend grants to charitable organizations over time.

990 for the year ended December 31, 2025

Program accomplishments

  • Supporting Educational Institutions: The Foundation focused on helping Texas-based higher education institutions by educating development officers on the benefits of alternative assets used in philanthropy.
    Expenses $163
  • Facilitating Donations of Illiquid Assets: The foundation worked to educate potential donors on using illiquid assets in their philanthropic efforts. We specifically focused on holders of private equity venture capital and closely held business interests.
    Expenses $55,000 · grants $55,000

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 December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026990 on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990-N on file

IRS record

EIN
87-3652885
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
2023
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$1,007,892
Income (IRS master file)
$1,055,144

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2025$954,783$55,163$1,007,892IRS
990December 2024$107,733$79,815$107,973IRS
990-N for 2023
Officer: Jarett Rodriguez
Filed under this EIN, most likely by a chapter or affiliate
December 31, 2023≤ $50,000 receipts––e-Postcard
990December 2023$433,381$225,475$7,391XML
990-N for 2022
Officer: Jarett Rodriguez
Filed under this EIN, most likely by a chapter or affiliate
December 31, 2022≤ $50,000 receipts––e-Postcard

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 87-3652885).

Questions about THE ALTERNATIVES FOUNDATION

What is the EIN of THE ALTERNATIVES FOUNDATION?
The employer identification number (EIN) of THE ALTERNATIVES FOUNDATION is 87-3652885.
Is THE ALTERNATIVES FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2023.
Are donations to THE ALTERNATIVES FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does THE ALTERNATIVES 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 THE ALTERNATIVES FOUNDATION due?
The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did THE ALTERNATIVES FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2025.
Who is the principal officer of THE ALTERNATIVES FOUNDATION?
The 990 for the year ended December 31, 2025 names Jarett Rodriguez.
Who are the officers and directors of THE ALTERNATIVES FOUNDATION?
The 990 for the year ended December 31, 2025 lists 9 people; 0 received compensation from the organization.
How much revenue does THE ALTERNATIVES FOUNDATION have?
On its 990 for the year ended December 31, 2025 it reported revenue of $954,783, expenses of $55,163 and total assets of $1,007,892 at year end.

Other nonprofits in AUSTIN

All nonprofits in AUSTIN · Texas · Arts, culture and humanities