Public Charity

ICUT Foundation

ICUT Foundation is a Public Charity headquartered in Austin, TX. Financial data from the 2024 filing: $1.9M revenue, $1.6M expenses, $1.7M total assets. 10 publicly reported grants to this organization, totaling roughly $1.0M, appear in IRS filings.

EIN: 751540769 Austin, TX Latest filing: 2024
Total Revenue$1.9M
Total Expenses$1.6M
Total Assets$1.7M
Grant Records10
Funding Total$1.0M
Filing Years2020–2024

Mission

The Foundation supports Texas' independent nonprofit colleges and universities by strengthening member institutions by educating university staff through seminars and training opportunities, educating stakeholders about strategic issues important to private higher education in Texas, (CONTINUED ON SCHEDULE O)

Officers & Directors

Chair-Elect Charlie Mccormick
Treasurer Debbie Cottrell
President Elizabeth Puthoff
Director Gerald Turner
Director Herman Felton
Director Linda Livingstone

Officer compensation and complete director data available with membership.

Top Grant Purposes

UPS SCHOLARSHIPS
$678,250 6 grants
GRANTS TO STATE COUNCILS
$155,500 1 grant
GRANT TO STATE COUNCILS
$126,145 1 grant
NATIONAL VENTURE
$40,000 1 grant
CAPACITY BUILDING
$16,450 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $1.9M $1.6M $1.7M
2023 $1.8M $1.8M $1.4M
2022 $1.1M $225K $1.1M
2021 $235K $224K $222K
2020 $227K $219K $205K

Between 2020 and 2024, reported annual revenue grew from $227K to $1.9M (+737%), with total assets most recently reported at $1.7M.

Interactive year-over-year charts and full filing details available with membership.

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