How Revenue is Spent at the Horatio Alger Association (2023)
The Horatio Alger Association (HAA) is named for the gilded age writer, Horatio Alger who wrote about impoverished boys who rose from their humble backgrounds through education and good works to higher echelons of society. Consequently HAA awards need based scholarships and honors the achievements of those who have overcome adversity and obtained personal achievement and success throw perseverance.
At the heart of HAA is the firm belief in achieving the “American Dream” through the free-enterprise system. So, the purpose of this organization appears to be the awarding of grants (but surprisingly only $8.7 million or about 28% of total revenue was awarded in grants in 2023 (which was better than the previous year when $2.4 million was awarded in grants), while the Executive Director, Terrence Giroux received $1.5 million in compensation in 2023 (compared to $5.2 million in 2022). Read more 
16 Employees at Texas Christian University Took Home $109 Million in Compensation
15 of the most highly compensated employees at Texas Christian University (a private, tax-exempt non-profit research university in Fort Worth, Texas that is affiliated with the Christian Church (Disciples of Christ) that has 11,000 undergraduate and 2,000 graduate students pursuing 114 undergraduate areas of study and 98 graduate degrees on the 300 acre campus a few miles from downtown Fort Worth) in 2024 took home $109 million in compensation from 2017-2024 (note: highly compensated employees in any of the years 2017-2023 but not in 2024 are not included (i.e. Gary Patterson, the former football coach who received $45 million in compensation from 2017-2022): Read more
Executive Compensation at Texas Christian University (2024)
Texas Christian University (TCU) is a private, tax-exempt non-profit research university in Fort Worth, Texas that is affiliated with the Christian Church (Disciples of Christ). Approximately 11,000 undergraduate and 2,000 graduate students are pursuing 114 undergraduate areas of study and 98 graduate degrees on the 300 acre campus a few miles from downtown Fort Worth.
Tuition, room and board are approximately $80,000 annually for an undergraduate student (with about 80% receiving financial aid). With an acceptance rate of 40% (20,000 applications in 2024 of which 8,000 were accepted, and about 3,000 chose to attend), TCU counts about 55% of its students coming from out of state.
The bottom line: TCU took in enough revenue to pay all university expenses (including $7 million to the head football coach), give out $320 million in cash scholarships, and add nearly $200 million to the general fund (that had more than $3.4 billion in net assets at year-end).
15 Employees of Texas Christian University (TCU) Took Home Nearly $100 Million in Compensation
15 of the most highly compensated employees at Texas Christian University (a private, tax-exempt non-profit research university in Fort Worth, Texas that is affiliated with the Christian Church (Disciples of Christ) that has 11,000 undergraduate and 2,000 graduate students pursuing 114 undergraduate areas of study and 98 graduate degrees on the 300 acre campus a few miles from downtown Fort Worth) in 2023 took home nearly $100 million in compensation from 2017-2023 (note: highly compensated employees in any of the years 2017-2022 but not in 2023 are not included (i.e. Gary Patterson, the former football coach who received $45 million in compensation from 2017-2022): Read more
10 Employees of Texas Christian University Took Home $114 Million in Compensation
10 highly compensated employees of Texas Christian University (a private, tax-exempt non-profit research university in Fort Worth, Texas that is affiliated with the Christian Church (Disciples of Christ) with 11,000 undergraduate and 2,000 graduate students pursuing 114 undergraduate areas of study and 98 graduate degrees on the 300 acre campus a few miles from downtown Fort Worth) in 2022 took home $110 million in compensation from 2017-2022 (note: highly compensated employees in any of the years 2017-2021 but not in 2022 are not included): Read more
Executive Compensation at Texas Christian University (2023)
Texas Christian University (TCU) is a private, tax-exempt non-profit research university in Fort Worth, Texas that is affiliated with the Christian Church (Disciples of Christ). Approximately 11,000 undergraduate and 2,000 graduate students are pursuing 114 undergraduate areas of study and 98 graduate degrees on the 300 acre campus a few miles from downtown Fort Worth.
Tuition, room and board are approximately $80,000 annually for an undergraduate student (with about 80% receiving financial aid). With an acceptance rate of 40% (20,000 applications in 2023 of which 8,000 were accepted, and about 3,000 chose to attend), TCU counts about 55% of its students coming from out of state.
The bottom line: TCU took in enough revenue to pay all university expenses (including $5 million to the head football coach), give out nearly $300 million in cash scholarships, and add more than $140 million to the general fund (that had more than $3 billion in net assets at year-end).
15 Employees at CalTech received $60 Million in Compensation
15 employees of CatTech (a private research university focused on science and engineering. Based in Pasadena, CA, Caltech has about 2,500 students (1,000 undergraduate and 1,500 graduate) whose predecessors have been awarded 48 Nobel Prizes. Tuition, room and board total about $95,000 annually) received $60 million in compensation from 2017-2023 (note: many of these employees were not employed at CalTech for all those years; and highly compensated employees in any of the years 2017-2022 but not in 2023 are not included): Read more
Executive Compensation at CalTech (2023)
The California Institute of Technology (CalTech) is a private research university focused on science and engineering. Based in Pasadena, CA, Caltech has about 2,500 students (1,000 undergraduate and 1,500 graduate) whose predecessors have been awarded 48 Nobel Prizes. Tuition, room and board total about $95,000 annually. According to the school’s website, 51% of students receive an average need based assistance of $60,000. Only 27% of students graduate with loans and the average indebtedness is $17,000. Read more
Executive Compensation at the National Geographic Society (2023)
The National Geographic Society (NGS) is a tax-exempt non-profit 501 (c) 3 organization based in Washington, DC that primarily relies on investment income (gains on the sale of investments, dividends, interest, etc), royalties, and contributions for revenue.
With $1.5 billion in net assets (down $250 million from 2021 due to unrealized losses on investments in 2021 that were partially offset by gains in 2023), NGS has the ability to rely on these resources to keep their programs going when contributions, gifts, and grants (roughly $20-$90 million annually) are not enough, and when revenue greatly decreases due to unforeseen circumstances, like the pandemic in 2020. Read more
15 Employees of University of Texas Take Home $140 Million in Compensation
15 employees of the University of Texas Texas A & M Investment Management Company or UTMCO, the tax exempt, non profit organization whose mission is to manage the $45 billion endowment (as of 2023) of the University of Texas which is also known as “UT” (note: UT Austin is the flagship school of the University of Texas system which includes 13 UT institutions, that has about 52,000 students (42,000 undergraduate and 10,000 graduate) where tuition, room and board for in-state students total approximately $35,000 annually while out-of-state students pay approximately $70,000 for tuition, room and board) received $140 million in compensation from 2018-2023 (note: highly compensated employees in any of the years 2018-2022 but not in 2023 are not included): Read more
